So is YaCoin actually accepted anywhere?
Why the price is constantly going down?
I thought it must grow when we got new developers (who are active finally) but unfortunately it went down to new lows.I still believe in Yacoin but less than before. I heard some people are accumulating YAC becuase some people expect price growth. Do you think it is possible?
I believe what we are witnessing is like a reverse pre-mine... The original idea is that when the difficulty drops more people will mine because reward increases... however, the drop is too significant in rewarding latecomers and not enticing enough to get enough latecomers to compensate for the difficulty decrease/reward increase. Of course, you have PoS which will increase in its share of blocks--thus rewarding the savers--but still. And is anyone else uneasy about the fact that there is no supply limit? I guess you can make estimations on an upperlimit minus the PoS inflation, but it is so difficult with the Nfactor changes, and isn't GPU mining going to be obsolete soon (but unknown when, I understand it will happen in Novemeber)?
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The other thing to take into consideration is that BTC is at its highest value during the life of YAC right now. In April, BTC fell to $60-$80. Now, it's going in the $130 range. YAC is no longer over-valued (as most young coins are), but is pretty much in-line with other alt-coins. Coupled with the rise in BTC, it's gone way low.
