Ok so with a lot of thinking, I realize that following the dev schedule and doing markets is the wisest choice because it is low hanging fruit. It doesnt make sense to shift gears. An earlier comment said that funds will circulate before the peg and even if the price goes lower, true investors will stay in the coin.
I'm still going to draft up what i need to peg, start to identify what parts of the c++ source need to be changed and so forth.
Regardless, the immediate goal of getting markets is the road map for the coin, it gives the coin more impact etc.
There was mixed community reactions to the drop in price and the comments were about 50/50 which makes me see its best to fulfill the immediate foreseeable goals.
Sounds like a winner. Although no one wants to see constant losses in their portfolio, better to work on creating value and usefulness for the coin than worrying about artificial means of support IMO. Especially when it's unfamiliar territory (so take your time on pegging strategy and code and test the hell out of it first). Without the markets and client working perfectly - or at least smoothly without too many issues - there's no reason to even bother with the rest.
At a guess... almost all of the 50% wanting pegging immediately are just seeing that as way of exiting at a higher price. After all, regardless of whether the value of 1M BAY is worth .0001 BTC or 100 BTC... it's still just 1M BAY unless you're more interested in
selling it than you are in holding and using it.
It'd be great if everyone could get what they want immediately. It would also be great if I could fly and had X-ray vision. Neither one is very realistic however.
