IMO MN with scrypt-n mining would be ideal. There are ASICs for this coin that can't mine anything else, and there wont be more scrypt-n ASIC...maybe ever. That's not weakness, that makes this coin special and kind of secure. Zcoin, DASH etc. have masternodes and POW. That's the way to go.
There's no price discovery atm. 0.00000001/btc is bad place to be. It's +100% immediately if the price goes up. Luckily, some exchanges have 11 decimals, like HitBTC...FJC should try to list on that kind of exchange.
No one but titan miners have this coin. So what is it 80 million fjc or another for sale
On exchanges with no buyers for months. Same result
Dead coin. Titan miners would simply add more coins no one will buy
Almost all titans off now anyway
FJC is now perfect definition of a dead coin by any legit measure
Unless fjc is in existence used to promote radical different coin and use fjc
To apply to masternodes. I see no way to jumpstart or revive this dead coin.
I think there would be demand for this coin (at least, lottery ticket demand) if there were 11 decimals. At 0.00000000001 FJC/BTC the marketcap of FJC would be little over USD 200. So, I guess demand before that could be found. Then there could be some price recovery or something.
It would be interesting if there was another scrypt-n coin. Do you know if anyone with decent size TITAN farm is capable of creating one or forking some alt? Of course, TITAN owners can fork or whatever with this coin also. Hashing power decides the rules. Motty is the creator of this coin. Supply curve is interesting etc. but someone needs to do something...before it's too late (it might be already).
unfortunately, IF there is NO $$$ to be made vs electric on FJC there is not incentive to lose money by yourself mining another scrypt-n coin...unless you have some kind of hook
that would put you in the lead of every other altcoin popping into existence per day..thus if you have such a hook the scypt-n part of all this doesn't matter.
if the hash was an issue we'd still have a market for FJC...but, alas, FJC is one of many forks from 2014 and is not offering what INVESTORS want in pumping an altcoin...
not an issue of mining an issue of use and or HOD'Ling in which there is too much FJC (80 million-plus I'd guess) for sale on the market and no one buying any
thus, my idea of at least taking the FJC that folk has sitting about doing nothing from titans or whatever...and allowing the buying of masternodes....
at least I could try to pump this coin mining air at little to no cost vs $90 a month for electric on a 4 cube KNC Titan!
not sure It would help any but it would be a start....also a way to at least USE the HODL'ing of FJC that folk have now to mine it as a POS coin
but the illusive hook (see bitcoin 2 it has pretty good hooks..but I did not know of such till too late for its last pump) ....a useful hook is what FJC needs
I'm out of my depth at this point...IF I was the dev/op I'd do the masternode action above ...just to get people to HODL rather than keep the stuff on an
exchange waiting to sell in the millions of FJC at least....see what comes of that..again...mining it as pos coin may be useless but at least it is cost-effective
and keeps me entertained mining air with my FJC by HODL'ing it....delusional maybe ..all I can think of
hey...may be running in a circle as a hodl POS coin masternode action..but right now we are simply running in place....meh!
brad
