just a question for understanding. If you hold your FAC in your Mintpal account, does the 6% annual interest goes to Mintpal and do they sell directly? In this case I can understand why it still seems like that somebody is still selling so low.
- The annual interest goes directly to MintPal - however coins need a cool down time before the minting process starts, MintPal makes use of a lot of wallet addresses so they'd have to implement a high level of coin control for coins to keep staking. I don't assume that they'll spend resources on that for PoS coins (yet). Coins like ZeitCoin and MintCoin are way more interesting for that.
- Interest is only 6% yearly. Right now there's 50,018,932 FAC. So we're talking about 19.000 FAC minted so far. That's not enough to ruin the market.
To my opinion it's just that we (including the dev team) aren't making enough noise yet. So how do we do that?
And further more; if we make enough noise, what'll happen to the coin? Do we really want to get pumped & dumped?