Quote from: Jared35570 on April 02, 2015, 02:10:24 PM

Quote from: JackyVanmarsenille on April 02, 2015, 12:33:25 PM

Those people don't give a fuck about staking this coin. PoS is just a smart method to create bagholders imo.

PoS is a solution to the ASIC / GPU mining an therefore Major Electricity Problems from supporting a blockchain.
PoS doesn't create BagHolders, bad coins create BagHolders.
If you don't have anything nice to say...

this is like the 10th coin this year with short pow/high pos. they are all pretty much dead now with bagholders left, either because the code was broken or bc people realize there is absolutely no point in those coins. And once there are no fools to dump your bag on, those coins crash pretty much instantly without any cahnce of coming back (this is the difference to other alts).

However, this is actually not much different from other alts, which claim to have a point (they dont 95% of the time). Just the timepsan from coin creation to death shrunk from like 2 months to 2 weeks or even days.