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Topic: What's the point of high-interest coins? (Read 92 times)

full member
Activity: 1498
Merit: 146
December 27, 2018, 10:06:53 AM
#2
Going through the lowest market cap (i.e. dead) coins on CoinMarketCap, a lot of them are coins where the main (and sometimes only) feature is high-interest proof-of-stake. It seems that most high-interest coins are ultimately doomed to the same fate of a falling price and de-listing from exchanges.

So what's the point of high-interest coins then? What is the point of 100% yearly staking interest if the value of the coin is going to nosedive anyway?
Everyone investing on the cheap coins for money, nothing more which I believe if they really trust and interested on those projects then the prices won't fall too low after a while and it gets delisted from CMC.
newbie
Activity: 7
Merit: 0
December 27, 2018, 09:58:24 AM
#1
Going through the lowest market cap (i.e. dead) coins on CoinMarketCap, a lot of them are coins where the main (and sometimes only) feature is high-interest proof-of-stake. It seems that most high-interest coins are ultimately doomed to the same fate of a falling price and de-listing from exchanges.

So what's the point of high-interest coins then? What is the point of 100% yearly staking interest if the value of the coin is going to nosedive anyway?
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