Here is a chart of the sanctuary reward per sanctuary (in BBP) per number of sanctuaries on the network:
https://san.biblepay.org/Images/sanctuaries.png(I also attached the chart in case it is blurry).
As you can see from the 400,000 level (59 sanctuaries) that is where a person would currently earn $75 USD per month (at current rates of .000188).
With 99 sancs, we have 200K (or $37.50), which is not too bad considering what good they would be doing other than being online.
With 20 sancs, we have about 1MM bbp ($188 revenue per month).
My next post, I am going to try to imagine scenario A & B.
Scenario A is what we currently have: 251 sancs serving the network and doing not much more than 10 could do (IE we dont have a lot of IX transactions etc), doing no philanthropy, and not making any philanthropic decisions (for example we have zero replies to my idea about the water well, so this is a good example this month of zero votes and zero replies).
On the other hand lets imagine scenario B:
50 sanctuaries with revenue of $75 per month (or, even $50 if the price is impacted first), sponsoring one child each. I could be wrong about this, but I would imagine each of those sanctuaries would be more apt to be active in the community - since they obviously care about a child enough to sponsor a child.
I understand there are price downturns related to scenario B, and I also understand that we even started off on a new endeavor of paying for orphan sponsorships via XMR (and I like that) and it appears to be solid for growth in the future.
However I can't help but ask God, which scenario would he prefer? Wouldn't scenario B be the one of choice where we raise up non-traditional investors instead of traditional HODL investors?
If you asked my opinion, Im leaning toward B as of today, because I like the look of the future environment for biblepay.
Now lets analyze the actual ill effects of the liquidation. We never really talked about the positive effects of our price going down. I do realize a sell wall is horrific, first of all, but I argue part of that is the effect of whatever mischevious person on SX is frontrunning the buy side just to sell the coins higher (they never have an intention to hold them anyway). Lets move past the sell wall, because bots and mischevious users will always be attracted to projects that do good things.
The fact of the matter is, we will always need a few new investors to step in and buy up the extra 10 BTC of coins anyway - they are sitting there and someday, when we have a new investor that owns 0 biblepay step in, they will buy a few btc worth (thats part of expansion).
Lets talk about expansion effects from our price dropping.
If our price drops by 50% due to a sanctuary liquidation, or a sanctuary who must pay the monthly orphanage bill (say, 5 of them at the same time), I believe what will theoretically happen is we will expand, because some investors who are not interested in us will actually buy at our low price - therefore these dips may also cause us to grow.
We need to take all this into account and come to an intelligent agreement that this is the right thing to do.