Quote from: winmkx on April 20, 2015, 05:07:26 PM

Quote from: waffles99 on April 20, 2015, 01:16:05 PM

Quote from: winmkx on April 20, 2015, 09:15:51 AM

This looks like a very good coin. Why is the price going down each day?

Not enough promotion?

Got some big miners that just want some profit the only drawback to POW

Yes, many new POW coins are created every day and they must be sold to pay for electricity and make some profit.
Good days when coin was mined by coin supporters are gone.
There are miners who mine and sell and there are investors who buy and hold.

A POW coin constantly needs new investors to balance this out and that's why promotion is necessary.

But this one is well calculated. It takes 28BTC 0.0001BTC per geo to buy whole 7 block reward supply. eazy peazy for one person to buy with 28BTC wall on 0.0001BTC on bittrex.
And with 2*750ti=100W=8Mh/s=12 coins in 24 hours... anyone can mine some also to drop/sell/hold. sell into own wall Cheesy

I support this coin with 3*750ti. Geocoin also offers you to play some GeoCashing. Or just drop 2 years old dept in front of friends place Wink