Was wondering how the floor or the minimum price is achieved. Does Moneypot simply "guarantee" that the price won't go down, and place buy orders when it does go down to less than 0.00001, or are you just hoping that the people are able to just not ever dump it so much that it goes down below 0.00001 BTC?
Sounds like Paycoin to me. Any centralized attempt to create a price floor doesn't end well.
Yes, Moneypot guarantees the price. We use the income through our main site (
https://www.moneypot.com ) as well as other projects we are involved in.
Coins can be exchanged for bitcoin via moneypotsupport.com , moneypotsupport.com/discord, or by
support@moneypot.com
There is also a daily buy order for approximately 1000 Satoshi on the Asset exchange on NXT.
I'm not too familiar with Paycoin, but I can assure you there's a real company and real people behind this coin/asset.
That means that we have to trust you to keep the price levels steady.
Well Paycoin is essentially a coin which was also backed by a company, they claimed to be able to keep a minimum price at all times of $20. Of course in the end the coin got dumped and the company ran, leaving the coin worth less than a dollar.