I'll ask for a little write up, or more specifically the exact thing that makes EMC2 different in the set up. The Foundation contribution mining fee.
Might finally be able to answer the question asked in March 2016 ... sorry for the delay
thanks to http://pm-tech.at
stupid whale on EMC2, it's the best time to pump now, it's a good chance for huge growing, when btc is in trouble, it's panic sell of btc and panic buys of alts
If you flood the market with new emc2, why would that be good for growing?
Would that not drop the price of emc2?
market cap is still extremely low
Ok, then a bunch of new coins might help...
There is no flooding with new coins, just mining the blocks that are going to happen anyway ... difference is, not selling them right away.
Another bonus, which I keep telling everyone, are the wormholes. If one is mining as the wormhole hits, one stands to gain a fair few blocks of 2970 coins before the huge profit pool dives in and pushes the difficulty sky high.
When was the last time?