I’d like to hear Aeternity’s dev team’s or management’s opinion about why the price keeps going down when market trend is upwards.
My personal opinion is that the main reason is huge block reward and inflation rate.
It seems to me the ones who mine AE keep selling it as soon as mined and because of the huge inflation rate there is not enough buying interest, so the price keeps declining like it’s going to totally collapse.
I suggested that AE team should lower the block reward.
What is the plan here? Is it to just let the price go down without any resistance?
Is the team still interested in the project?