For all the dumbass newbies, Vertcoin's block reward will not halve, until 4 years have passed. Only every 4 years, does the block reward halve...think about that for a second.
Vertcoin looses a little under 10% value everyday, because over 20,0000 VTC's are being mined & dumped on the exchanges. In another 2 months, Vertcoins price will be under 1 cent per coin, 2 months from that it'll likely be 10 satoshi per coin.
If the block reward system isnt changed, Now, then this coin will Die. That's a fucking fact.
Look at Darkcoin for god's sakes. It was 50% instamined, and had its block reward cut off more quickly than a knife slicing butter, and it was worth $15 at it's ATH, it's stil worth around $8 now!
Vertcoin looses a little under 10% value everyday, because over 20,0000 VTC's are being mined & dumped on the exchanges. In another 2 months, Vertcoins price will be under 1 cent per coin, 2 months from that it'll likely be 10 satoshi per coin.
If the block reward system isnt changed, Now, then this coin will Die. That's a fucking fact.
Look at Darkcoin for god's sakes. It was 50% instamined, and had its block reward cut off more quickly than a knife slicing butter, and it was worth $15 at it's ATH, it's stil worth around $8 now!
at some point it will not be profitable to mine and dump at low prices because of ELECTRICITY COST and we are almost at that point now nobody will just "mine and dump" while making a loss because of electricity cost , your huge experience in cryptos didn't tell you that simple fact ?! also u are so full of it u speak like u r the god of all cryptos and saying that user has 4 posts or that user has posts , while all you have is some 120 posts yourself that doesn't make u anything special u see i can make those 120+ posts in one day so stop it your posts are full of arrogance and just down right irritating !
ARE YOU THIS FUCKING STUPID. VERTCOIN IS ALREADY UNPROFITABLE TO MINE, MINERS WILL MINE ANYWAY EVEN WITH LOOSING PRICES, WHICH WOULD MAKE VERTCOINS PRICE DROP FASTER LIKE A STONE, WHICH IS WHAT IS HAPPENING.
? (i mean long term increase, not just a one day pump).
