Noise23,
What is the purpose of this coin? Do you plan to create a roadmap? Is there a white paper in its future? What features will this coin have that can grow the community?
I think that it's one of the five best staking/highest POS coins that will not tank due to inflation. That's enough of a reason for it's existence.
Another is there is still room for it to grow up, whereas I think a lot of 2000 Sat + coins may be going down somewhere along the line.
If nothing else, I believe that we could do with a much better website to help attract new members into this community. I'd be willing to contribute some V in order to help accomplish that goal. However, we'd need to have a utility, otherwise the best we'll ever be able to have is a one-page website.
Define what you mean by utility.
By utility, I mean use/purpose of the coin other than just staking.
How about Version is about teaching the public about staking wallets? Those who invest in the coin are paying to have like public instructors that can hold demonstrations in libraries, schools, nursing homes, you get the idea...
"There may be many 'Versions' of Staking Wallets but do they do THIS?"
That's a great purpose/utility for the Version coin. How awesome would it be if we had an updated website with that as the purpose of the coin? That alone would bring new members to community, in my opinion. It definitely beats not having a definitive purpose.
Did you just make that up or is that really the true purpose of Version coin?
It's an ongoing goal of mine. I think it would really empower people to have staking wallets at home. It helps people that may not have that much going for them for extra income. If they open their mind a bit they are rewarded by this new tech hobby that can also teach them more about using their computers, backing up important things, and so on.
I don't know what the original intent for Version is except V words sound interesting.
That sounds like a great idea. The only true way that people can earn any significant extra income from Version will be if Version actually becomes valuable. If Version can gain value to 1 penny and above and be able to remain stable above a penny, then it really has the potential to help people generate extra income. At its current price, one would have to stake for a lengthy amount of time before earning enough to buy a cup of coffee.
Maybe people from Version, Buzz, 1337, Growthcoin, Truckcoin and any other high percentage POS coin could team up and create a type of marketplace or co-op corporation against the coins tanking. Otherwise, it seems some of these coins are going to go the route of others that came down to zero.
Or the coins could simply do a rebranding. Artificially propping up failing coins will ultimately end in failure. I've suggested that 1337 consider a rebranding, but it seems that the community voted against it some time ago. Some of these coins can get new life if they are rebranded and privacy features are added. Version has less than 500 million coins, based on Coin Market Cap. That means that If that number is accurate, it means that it could see tremendous growth if privacy were added and it was rebranded as a privacy coin. Reduce the POS percentage, rebrand the coin with maybe a new name and update the website. Those 3 things could send this coin to 30 cents in 6 months.
Doesn't seem the percentage is high enough with Version, Truck, Growth, Rain, 808, and of course, BOAT, Piggy, Noble or Kangeroobits to see the inflation be a problem. I think the public awareness of what POS Wallets are will grow and bring more people in to stake.
Buzz, 1337 and Linda I am worried about, but you can still make profits selling them for LTC and DOGE because they are much smaller than BTC and the volatility makes them profitable.
