Re: [ANN] SpreadCoin | True Decentralization (No Pools) | Testing New Masternodes
After seeing just how much wolf0 was able to optimize the CPU I realized just how much a few miners with properly optimized code could dominate. And if I was:
1. Someone who only care about definite profit, I could get such a miner and dump for more than it costs me to mine.
2. If I was a competing coin, I could keep the price of the coin deflated.
1. Someone who only care about definite profit, I could get such a miner and dump for more than it costs me to mine.
2. If I was a competing coin, I could keep the price of the coin deflated.
3. BINGO on #1.
4. Markets are easily manipulated when the dev owns more than 5% of the coins.
They set their bots to buy/sell into their orders, inducing panic buys and sells at will. And all it takes is one panicing noob to make back the 0.25% exhange fees.
Did you forget about this enlightening revelation ?
Or did you purposely ignore my response after realizing that you have said too much ? lol