No one votes on Mintpal for this coin to get accepted, the vote # rarely changes, all the focus has been on everything BUT getting miners to adopt the coin.. things that make you go hmmmm. My best guess is this coin was created by some one with significant hash power to mine 100K or so.. and pump & dump @ the peaks.. there has been no urgency as to get folx to mine it, no mining = no growth, no growth = stagnation.. stagnation leads to delisting.. I saw this comming a mile away. To much efforts on geting no name merchants to take a coin that no one has or mines.. for what? Only 1 answer here.. P&D.
I vote several times a day on Mintpal for EXE. (
https://www.mintpal.com/voting)
I think the focus on being "ASIC-proof" (which is widely advertised as a top feature in this thread and on the Execoin.net website, reinforced by the dev stating they will hardfork if necessary to prevent ASIC mining) is catering specifically to miners. Mainstream adoption doesn't care if they underlying infrastructure is GPUs or FPGAs or ASICs, but miners do.
As far as no mining and stagnation, the EXE network hash rate is up 60% from what it was just 2 weeks ago: http[Suspicious link removed]coin-network-hashrate-chart
I vote too, when I can remember, but I think I can accurately take a good guess as to what hapend recently.. Ill show the charts 1st...
My guess.. is a few of the larger bagholders, were ready to make a little, and or test market interest...rent all N-scrypt miners as possible , or if you & friends have large enough farms, simply turn em on.. diff shoots up, make some large buys of your own coin ( i do this trick myself ), to show 'interest', when infact your just trying to lure..diff goes up..charts show a 'awsome growth' rinse & repete untill you run out of takers. Turn rigs off, or move em to another coin if rented.. diff drops, price follows suit. In EXE's case, the rise in net hash equals the rise in price rise to a TEE. If infact EXE had a mass of people whom believed in the coin, like the VTC 'group', nethash wouldent be so detremental to the price as is in the case of EXE, this tells me that this coin was created exclusively for P&D ( quite literally ), or some how, by method of Magic voodoo, these factors co-exist.
Now, is exe fair and all that.. yes.. I believe so.. no premine..no ipo stuff.. no instamine.. but the core problem, is that no one mines it long term, if they did.. there would be oodles of people in this thread.. not just a core group of literally 5-8 people. Is EXE a scam.. heck no.. is EXE under the radar, heck yes, but its also clearly manipulated, if it wasent, these two charts wouldent almost be a carbon copy of one another. This could be said for many coins tho.. not just EXE. If any one wants this coin to grow, put hash on it. Its really that simple.
