BTC will be mined out this year too, if you listen to all the people that "know what they are talking about"
Show me 1 person anywhere claiming that BTC will be mined out this year.
The numbers are really fucking simple. Which part exactly do you disagree with?
I personally hope it gets mined out so all the miners can't dump the coin, imagine a trader only coin! Woohooo
Yeah, woohoo.
You obviously don't understand why mining exists in the first place.
It's hard to believe that you are serious, but obviously you are. Good luck with that "traders only" coin!
By the way, I am opposed to the whole "Shitcoin Cleanout", but certainly any coin that is "traders only" deserves to be forked mercilessly.
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Yea I understand that most miners are not that smart, and they mine a coin and dump it. I know exactly how mining works and why it is done, ive just never done it because so far in crypto history buying and holding a coin is 1000 x more profitable.
As stated previously in the thread even if the coins were mined out, which i doubt will happen cause already most of the miners are crying they can't even find a block. If it does get mined out, the market will not get dumped on so hard and the value will go up, all of the sudden the small fee for mining a block isn't so small.
One of the main reasons I really like this coin is because it feels a lot like NMC, I remember the first time NMC died, I forget the actual reason but it was something like "a problem with the source code".
When NMC died shortly after it hit 20 dollars, I think it was about 30 cents when it died.
None of what you say is going to matter, all that matters is if people want the coin or not. Thats why BTC has value cause people hold it and spend it.
This is the first alt coin in history, besides LTC, that someone actually put a face behind, that has a lot to lose. It builds a level of trust on who is going to be accountable for the coin. So I have a lot more faith in it than most alt coins. Others will feel the same.
Its nice to know your buying a coin that isn't the biggest piece of shit scam coin in history, like your worthless korea coin that you pimp.
You have got to be the worst troll ive ever ran into.
and you never answered my question, if so many of these coins are mined already, where in the fawk did all the Naut go? Cause I haven't seen anyone sell it yet.
I already see the rumors starting on drk, its gonna crash so hard, the rumors are already "oh wow huge drk pre mine"
lol