From now on I am only buying NLG on the weekends. Last weekend it dipped to 850 and it will do the same again this weekend. Best time to get in cheap!
Guldencoins price will slowly rise in time until the first block reward halving which is a long way away. I believe there will be half the coins mined out when this happens. At this point if user base continues to grow at the current rate and merchants joining at same pace as August when the block reward halving does occur or just before is when you will see you biggest price increase.
Over 576000 coins being produced a day could mean the price going back to 500 or even 100 if buyers dry up.
For this to occur the coin devs would need to be silent for over 2 months.
Doesn't the blok reward halving mean less coins enter the market, creating more scarcity resulting in price rise?
And I don't think Dev's are willing to silence up for two months, not in coins best interest
I had a peak at the guldencoin forums and it looks far more active then the ANN. The devs are giving constant feedback on there, even in the English section.
The price can easily dip back to 500 because of a mass dump, no other reason and if you lucky you might get some bots putting in low buy orders afterwards which people could snap up.
In 4 years of mining there can only be 880 people with 1 Million coins, 1740 with 500 000 coins. How big do you expect NLG to be in 3 and half years from now should be how you determine your future growth prospects for the coin. After 4 years, the next 4 years will add 440 million coins. One or 2 big Dutch investors could easily buy up every single NLG (1.7 Billion coins in 40 years) at 1000 Sat without them even noticing. That would be unhealthy for the currency which is why POW is better then POS and why have 8 decimal places is also good.
