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RE: Initiative Q Airdrop Not A Pyramid Scheme - Super Easy To Sign Up And Get FREE Tokens
They are supposed to start trading limited amounts and only releasing enough coins to keep it at $1 always. Something like that.
Here's a quote from Ben's reply to the article:
Qs will be released for trade gradually, so they constantly stay at roughly $1 per Q. This prevents flooding in the early days of the system, and promotes trust in the long-term stability of the currency.
In other words: It’s not that Q will start at say $0.01, but that they’ll be $1, and only 1% can be spent.
We expect all Qs to be released (while maintaining the $1 rate) once Q becomes a leading global payment network.
Interesting. So, instead of the price of it fluctuating up and down, you control the flow rate. I don't know anything about how this works, but I like the idea. Now, how does it get to the $1. Someone says, "This is worth a $1" and it just is? Or I guess, someone says it's a $1 and the rest of us agree with it.
I like the idea of an instant $14,000, too. :) Okay, I'm thinking more about this. How much time do I have?
And then, I guess by having only 1% of them being able to be spent, does that mean 1% of the total that will be out there, the total amount that will ever be out there, or 1% of your own amount?
Okay, so apparently there's going to be a lot more of these Qs if they're only releasing a few (and so far I've been seeing 14,000 a pop) now and the rest after global dominance is complete. Okay, that part about global dominance, that's my interpretation. :)
My invitation link is apparently good for another 80 hours or so.