May 9 Update:
As most of you have noticed, it's been pretty quiet around Coinye. Some have taken this for a bad sign. Some people have even been extremely pessimistic in the chat lately. A few things are still going on. A new pool has come to our attention, as well as a new exchange
The lolsuit has another deadline today, but it's probably going to be more of the same. Don't worry about it and also don't expect any miracles out of it.
The thing that's really good so far, is that Coinye isn't dead. If there's one point Coinye has to make absolutely clear, it's that cryptocurrencies can't be banned or otherwise "undone" by lawyers or lawmakers. No matter how low the hashing power, no matter how low the monetary value, the fact it's still running, has not skipped a block since its inception, is a great win in and of itself.
The legal matters are often used as arguments why there are no exchanges, and lack of exchanges is often used as an argument why the price is low. A few notes on that: there are exchanges. There's always Ripple. The price is low because people are lazy, pessimistic, and don't realize Coinye is abundent by nature. In other words: the low price is both fair and fine. You can still mine and make a nice little profit.
Speaking of mining, The New Official Site is still missing a bunch of mining pools. If you own or know a mining pool that's not listed there, please join the chat!
Keep mining that shit! Everything is going to be alright!
you guys should try to contact big trade market. As most of you have noticed, it's been pretty quiet around Coinye. Some have taken this for a bad sign. Some people have even been extremely pessimistic in the chat lately. A few things are still going on. A new pool has come to our attention, as well as a new exchange
The lolsuit has another deadline today, but it's probably going to be more of the same. Don't worry about it and also don't expect any miracles out of it.
The thing that's really good so far, is that Coinye isn't dead. If there's one point Coinye has to make absolutely clear, it's that cryptocurrencies can't be banned or otherwise "undone" by lawyers or lawmakers. No matter how low the hashing power, no matter how low the monetary value, the fact it's still running, has not skipped a block since its inception, is a great win in and of itself.
The legal matters are often used as arguments why there are no exchanges, and lack of exchanges is often used as an argument why the price is low. A few notes on that: there are exchanges. There's always Ripple. The price is low because people are lazy, pessimistic, and don't realize Coinye is abundent by nature. In other words: the low price is both fair and fine. You can still mine and make a nice little profit.
Speaking of mining, The New Official Site is still missing a bunch of mining pools. If you own or know a mining pool that's not listed there, please join the chat!
Keep mining that shit! Everything is going to be alright!
