it will not damage the coin ... you need only few or TH/s...
but when a miner see at coinwarz...
neoscoin 1ths/day 36.73$/day and wankcoin 6.83$/day or BTC 8.89$/day
why would he mine ...
only if the person is crazy ...
I would (and I'm not a miner) mine neos ... and with the cash buy ... wankcoin...
for the same money you get 6-7x more coins...
its on wankcoin team to make the coin more profitable ..
you can expect from someone to spend his money for some craziness
its not for a charity
I am a miner, and I used to hunt the most profitable coin, because I was naive.
I don't do this anymore, I prefer to stick to a coin and be happy about low difficulty periods.
The point is, the price that coinwarz posts is never the price you will get when you sell on an exchange.
It's just a "best guess", and if you try to sell a lot of coins the price will very quickly go down.
Especially with low volume coins like NEOS.... this coin isn't even in the top 100 coins at coinmarketcap at the moment, are you kidding me?
So who is going to buy those coins? It will be difficult to sell them, and every coin can fake relatively high volume by getting those low market maker fees at an exchange.
ok let see at bittrex... vol.
neos... 22 BTC ...
wank... 0.94BTC ...
marketcap almost the same...
I'm buying coins ...
and payed 4x more than the price is now
... its not good when your early supporter pay the price for your mistakes (starting a coin without a plan)
no wonder someone dropped 10.000 coins or more for under 0.0001 btc (price went down to 0.00006 btc on allcoin)
this person lost his faith in the coin-team and took a lost...
and that is sad ...
we don't have a high vol. so coin holder cant even trade ...
totally stuck ... we can pray now ...
miner on the other side can move...
and they move ...
but I don't really care about miner
they come and go...
have more trouble with the way the coin works... (its still a BTC copy)
and it doesn't have to be...