Not a huge Fan of dat Botnet Algo here.
Its not fair at all and mostly ends up with a huge Dump in the End.
Destributition should be as fair and smooth as possible.
Current Algo will cause massive Hickups in the Future imo.
Its not fair at all and mostly ends up with a huge Dump in the End.
Destributition should be as fair and smooth as possible.
Current Algo will cause massive Hickups in the Future imo.
Explain us the huge dump???
Some guys will ether hoard their Coins and sell them all over a Pump or they sell them all the Time.
They usually get 70-90% of mined Coins and thats for free.
These Dumps over a massive Uptrend can cause a lot of longterm Damage.
Ether Way its not a good Thing when somebody gets that Percentage of mined Coins for free.
Dont get me wrong i like this Coin, simply dont like that Algo and CPU only Coins in general.
Zcash for Example does a much better job with the (heavy on the Ram) CPU Part of their Dual Mining Algo imo.
- Free coins are only 2.5% p.a. - and only, if they remove every month their coins...now have a look at Richlist...you see a lot of wallets, which never moved their coins after 1 month.
- I am happy, that ERC is not trying to hype anonymous characters like ZCash, even if her sister BitSend could do that though.
- 70-90%??? We have 1 new ERC with every block. Actually we have around <60k blocks. If 90%, so they would reach 54k coins. Our market can absorb this actually.
- You forgot to read all projects, ERC is in. I would love it, if this guy would flood the market with his ERC in the future. Because this would significantly push values on all blockchainbased coins, which are connected on the Internet of Coins/Fedchain.
You shouldnt fear bad moves here. Even with ups and downs, the increasing volume will ruling this coin.
Greetz
