Nobody pushes you to mine or buy this coin. If you don't trust this coin, why don't you guys just leave it alone right at beginning. BUT, you are mining, buying and holding it right now. What's wrong with you, wise people? When the price goes up, everybody is happy. When it goes down, you turn your back with what you believed just the moment ago.
Not complaining here. Just commenting..
I am not here to support this coin. I am here only to gain some profit and leave.
"When the price goes up, everybody is happy." When was that again? 99% ago? Mining right now is a HUGE loss unless you have free power and hardware. No sane person can motivate mining and price drops every day. Soon we will have 25% more coins on the market for a LONG time from a dev fun that is 10x larger than it should be (more like 20x but I'm being generous).
Sooner or later, Dev will smarten up and realize the 11 MILLION premine is killing the coin, but by then it will likely be too late and people will be screaming SCAM when price skyrockets when they are burned so.. Yeah, I don't predict this one surviving any longer than Franko (yeah, Franko is technically alive.. but who's interested? Value like a ham sandwich)
The premine is the only good thing about this coin. You don't understand because you are a Newbie account. The problem was people went crazy and valued this coin at something like 6 million dollars. The $EXP team didn't sign contracts with developers at those high prices though. Now they are screwed and any developer with skills will probably just create a new Ethereum clone instead of being part of this DAO.
Once PoS is out, then this coin will be amazing.