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RE: City of Neoxian: Miner issues

in #palnet10 months ago (edited)

Only one thing determines the price, and that's the free market. All else being equal, creating more of something tends to lower the price... I don't want to make price predictions. I'm going to guess though, that very little of these miners will hit the market, also there is the fact that I have stopped selling them, which should help the price.

Note that I have a buy order at 600 steem.

#neoxian
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Ok, misunderstood part of the post. Thought you removing the miners from the market was just temporary while the distribution happens. If your intent is just to release 10 miners every six months and distribute/sell them at market price that changes the picture of things.