How-to for SwishCoin Pumpers
How to Explain an ICO’s Value to a Friend
Every successful coin trader should be capable of giving a quick and effective sale-pitch for each cryptocoin he owns. In most cases, that takes some efforts to run even a surface due-diligence of what a coin is and whether it may be pumped or grown in value naturally. We’re saving time for any interesting party and want to list some structural basics of our coin in the form of instructions to a potential price pumper.
The long-term demand and supply forces in the case of SwishCoin are formed by the attractiveness of the business, nothing else. This coin is the closest to a common stock it can get. It is not an application coin. It doesn’t require any conditions to exist or circulate. It is basically an equity, a form of business ownership. Despite the fact that ordinary laws are non-existent for DAOs (distributed autonomous organizations) yet, the natural laws that work on any stock market apply here just as usual.
Thus, the long term SwishCoin price trend is going to be the result of major value parameters such as P/E ratio that will technically be adjusted to match the actually applied dividend policies. This is a familiar [and basic] enough scenario: the better the business does, the pricier the coin becomes, that’s it. The new level of ease that DAOs offer in running a business should drive the parameters a bit up considered to a normal NASDAQ or NYSE stock. DAO eliminates internal corruption in a company. DAO reduces various types of costs. DAO streamlines some processes, especially some bureaucratic types. That all adds value of the company and makes its digital equity — the SwishCoin — worth more.
Let us remind you again that, in the crypto-world, the typical dependence is way more complex. Consider Ethereum. The higher the coin price, the more expensive is the network for a business use, and thus the less attractive it becomes. So, it drives the price down where it should find a new equilibrium because a too cheap coin threatens the stable maintenance of the community and development. We may be wrongfully simplifying here but you should get the idea: unlike most coins on the market, SwishCoin is a straightforward thing that is easy to make price judgements about just by looking at the underlying business strength.
This mentioned business strength is also very easy to monitor. The major parameter is the number of venues that use the system. The list will be publicly available and carefully maintained. Every interested person can make a random check as see whether the data is up-to-date. Of course, restaurants and shops are all different in size and business might but the overall number of venues is a best way for a quick business blood test.
Thus, whatever the coin will be valued at current hundred or so venues, the ten times more will it be when we have another thousand venues that we have already the preliminary agreements for already.
Another important issue is the horizon of the coin’s lasting existence. Consider a regular app coin. How long can a given coin be expected to exist? The answer is: whatever is the minimum of the following several time horizons: the management team is vital, the development team is vital, the legal entity under which development and management team has stored some essential intellectual property (not always applicable), the application itself that justifying the existence of the coin, and, finally, the applicability of the coin for the application (as we see on examples of Steemit or Ethereum, things can get really complicated). Contrasting with that, a DAO coin is an absolutely stable thing that exist as long the attractiveness of the business idea exist, and — it may happen too — can well outlive that too. Thus, your SwishCoin is going to be traded for as long as merchants will need POS systems and like some free trade-floor space.
How to Pump or What to Expect in the Short-Term
The aforementioned number of connected venues will be available across multiple media. To raise that number, the Swish team will go from country to country localizing the service. The UI is already translated to all practical languages. The local fiat payments is the main anchor so the crowdfunded money will be used to break those walls. The localization process should be expected to accelerate month after month due to its standard pattern and trivial underlying procedures. The processes will be standardized within a digital infrastructure upon which the DAO stands.
Each new venue added to list should drive the coin price up. It is not a zero sum game, the value you own grows together with each new shop or restaurant subscribing to use Swish (which is free for them to install and try).
On the other hand, the 49% of coins owned by the dev team will NOT allow for any abnormal/artificially provoked price move. It’ll be certainly “market-makered” back to natural track. Of course, there’s no way we can make legally-binding promises of that kind but you should understand the entire motivation pattern and trust the devs who have some serious long-term expectations.
Coins [say, shares] are sold one by one. There’s no such thing as an accumulation of funds and later distribution of the shares among participants. It is a direct sale.
People may come and buy up to 51% of digital equity. Or they can buy as little 1%. That totally depends on the demand that, in its turn, depends on how many people in the community will be reached with this information.