Post
Topic
Board Altcoin Discussion
Re: Why is UNB price on fire?
by
drkman
on 31/01/2015, 04:35:23 UTC
This is not a POS coin with hyper inflation. This is a POW sha 256 coin built off of Bitcoin
Well you got that wrong.  Most all POS coins have 2%-10% inflation.  This one right now has over 50%.

there are only 2 million coins in circulation
and in a years time there will be over 3,150,000 UNB coin which is over 50% inflation, or dilution or emission.  Whatever you care to call it.  Regardless there is small supply now with a fast emission curve and a straight up price spike and common sense screams GTFO because again, there isn't any special tech here, just another Bitcoin clone.  All this adds up to an engineered price spike that can't last.  P.S. Get the dev to tell everyone the total auctionwebsite sales over the past month.  I bet its not much more than 0.