Spacecoin is working fine the way it is. Just needs the dev to return or someone to take it over. A fork will not be necessary.
It's hard to say what the effect would be on remaining Space without an exchange to trade it on, aside from the fact it will become really hard to buy or sell it. Not to mention the pool will be shut down as well after the burn ends. But who knows, someone could come along and fork the coin and bring it back to life. At the end of the day it's up to you what you want to do with your coins. Your not by any means required to burn them.
But wouldn't burning 90% of SPACE make the remaining 10% super valuable, even if it wasn't listed on any exchanges? I don't know, just trying to wrap my head around this whole burn process.
Good luck with DGCS, I'm holding onto mine!
Good luck with DGCS, I'm holding onto mine!
It's hard to say what the effect would be on remaining Space without an exchange to trade it on, aside from the fact it will become really hard to buy or sell it. Not to mention the pool will be shut down as well after the burn ends. But who knows, someone could come along and fork the coin and bring it back to life. At the end of the day it's up to you what you want to do with your coins. Your not by any means required to burn them.
And anyway i think that the Digital Credits dev could select coins that are still alive but are almost at 1 satoshi hell, but is just what i think so maybe at the end he will no do so. But still, Spacecoin for now got a nice +2.8% value so maybe the burning is doing something i think
Yes, The price is going up, It was expected as people are buying it to stake and burn. Any coin we target in the future will have the same effect. Once the burn ends the buy pressure will most likely go away and the value will drop back down to what it was before. This is our first burn so we will see what happens.
I think that maybe the price will always go up because the sell walls are weak but there isn't any kind of response seems at the end and i think that even when the burn will end nothing will change
As i said in the other thread in regard to Spacecoin, Investors usually look for coins under active development to invest in. Space was dumped by it's Developer and abandoned. Unless someone comes a long to rescue space it doesn't look very good as a long term investment. We will see what happens after the burn. Right now the only thing pushing up the price is this burn.
