3 BTC will get you 580000 and youll be mining 5800 per year
Is this true? So $1800 to make $18 a year?
Inflation of $ is 1.6% now more than BC have 1% inflation, Bitcoin currently about 10% and ltc about 20%+...
So you invest or rather store value in BC to hide your $ from inflation.
I have bought Leaf...Lotto...Doge...Mint...Vertcoin...Annoncoin...Darkcoin..
at the end of story i found out that those coins can not keep price why ?
In long run they constantly loosing value.
Miners are producin new coins all time if noone buy them their price is crashing hard...
Now what makes you buy LTC or BTC ?? If they have now more than 10% inflation ?
Probably you are believing like me that their price will go up they have capped value.
This is illusion in reality Doge don't have caped value in the end of year will have inflation model ~5% and decreasing every year...
It takes about 140 years BTC to get Doge inflation level. But magic 21m capped marketing words works.
Doge to get BC inflation will take 32 YEARS5%, 4,75% ,4,51%, 4,29%....30 years... 1,02%
0,97%Do you see hidden potential ? In mean time no multipools,no ASICs...
I believe that BC with low inflation is better option to invest than other coins because it don't needs many investments to keep price
we produce about 2000BC day this is currently about 0,005 to buy all new BC with multipool it will be easy to pump value and don't care so much about buying will buy your BC at reasonable price later if you need cash. There will be no multipool or ASICs to destroy that idea only stack holders can crash this coin, but pumping multipool will eat those BC sooner or later even you soll 1m at onece. I can not predict future but i think is better to buy BC than crappy alt which is spamming around worthless coins.
Allways you forgot about that in future if BC will be popular you mine also transaction fees before
just after POW part i got 20,40,7 BC from fees while i got 0.05BC from stake...Those times were many transactions from miners think about that to.
And one more thing i notice that i get coins confirmed in 5-10s from exchanges
so speed is pretty good comparing to other Crypto.
I can not tell this is 100% good invention but after i tried many crappy coins that one is for me most reasonable to get in.
Is young but many people like that idea.For sure this is different than 99,9% all other coins.