so far the only coin i ever seen that miners didnt dump at all.
loving this really!
yea i think the incentive to hold a coin with high interest rate is quite strong compared to coins with low interest rate.
This effect is way bigger than the effect of coins beeing added through PoS
too bad it will die together with all other scrypt coins due to the coming of the scrypt ASICs...
The first round of scrypt a docs aren't that impressive. On a cost ratio, they aren't THAT much cheaper than a video card. The savings is in power. One of the sites is selling a 300khash unit for $205. I got some GPUs on clearance at best buy that pull 330 khash for $118 each, normally $180. A 600khash gpu is $400+. The price is in the ballpark. It's the power that's killer. The asics are 5 watts.
Thing is tho with so many scrypt coins, and the ADDITIONAL cost of buying asics, I don't think there's much to fear in the immediate future.
especially considering that graphic cards can be resold after mining and the asics will be useless quite soon when x11 and other algos are used more and more