I love Keccak because i can mine it in my little appartment for no noise & no heat (my wife is not unhappy about it hehe) and for now it is ASIC resistant.
I believe in Maxcoin because there is not much to risk and a lot to gain, market cap is really low compared to the potential.
Everyone knows about Maxcoin, a lot of people already owned some and Max Keiser have the influence to make it real big if someday he really feels like to.
Most holders now are strong believers, they endured months of endless fall and kept them and are a strong base for the coin. No more weak hands.
Now hasrate spreading between pools is becoming better and today for the first time 1gh was under 50%.
This is surely not believers and bagholders whining about this move because they asked for it.
Maxcoin price kept falling so the devs, if they cared about the coin, had to do something and listen to them. And they did, how is this a "scam" move?
If the devs did nothing you would still call this a scam so really, fuck off and go troll something else please
They actually ended the deathspiral, you can continue to shout your hate for maxcoin for some absurd reason...i don't understand, why waste so much of your time for something you hate?
Because really, hating is a waste of time, it builds nothing. Imo if you waste your time hating, you will end up just being a loser.
You can tell a lot of thing about maxcoin but you cannot deny the developpers are active, at least i see it on twitter and their told their real name. Of course there were several mistakes and some "shady things" may have happen...
but they are young students with a supposed bright future and i think part of their future is at stake, internet is not that unforgiving, so i think they will continue to work their best on it.
You sir, need to take a chill pill, fast.
I'm trying to have a debate about this move, because I somewhat care for and mine this coin.
I said that this move makes it
seem more like a ponzi scheme, which is not the image you want when your coin has the potential to be the next LTC for GPU's after the scrypt asics kick in.
What is a short term halt in declining prizes as compared to the general image of a coin? Look, for example, at VTC. Might I say the biggest competitor for this "the next LTC" title.
VTC prices tanked
hard in the last month (0,0033 -> 0,0012) yet devs did not change anything because they think the design is solid. When people believe in a coin there is no need to adjust anything (other than flaws, etc). As you might know btw, VTC has recoverd.
This move not only jeopardizes the image of Maxcoin but also decreases its appeal to new miners as this basically halves its profitability. In a time where people are slowly shifting to scrypt-n/sha-3 coins this is the opposite of what you want.