Quote from: snailbrain on July 27, 2015, 04:39:58 PM

Quote from: domob on July 27, 2015, 10:25:46 AM

Quote from: RealBitcoin on July 27, 2015, 10:10:49 AM

Actually i think the price will go down, because its a too convenient coin, i mean 1 guy here said that he earns like 1000 HUC /day, which is like 0.05BTC just by randomly playing.

Now if those skilled chinese player guys come in, they will earn 2-3 BTC/ day guaranteed, because they are very disciplined and good at gaming.

So imagine if 1000 chinese guys just come in and extract 1 btc/day each, the price will collapse in notime lol.

I dont think its a good investment , yet.

There's a fundamental economic mistake here: The total amount of coins distributed per day is fixed, just as it is with Bitcoin. The only way why someone can actually earn so many coins in a day is because noone else is competing at the moment. As soon as more people (from China or somewhere else) start to do that, each one automatically gets less.

as an addition to this:

14400 coins are generated each day.

This will halve after approx 4 years (from Feb 2014).

Human mining is probably the next big step in cryptocurrency.

NGOs spend billions distributing survival sustenance to a lot of people who would need no help if they could earn us$1 per day.

Pretty soon a lot of aid will be delivered through a process that is a variation of mining something like huntercoin.

This coin might or might not be a key player eventually in providing income and other things in the third world, but at the least it serves as a template for the next generation of ethical mining coins. Wherever huc fits in the process, it will get a lot of good publicity for being an original human mined coin and for that alone it is a good investment.

Thousands of altcoins followed bitcoin, but only a few lead and huc is one of them.

When a huge number of people start mining human mineable coins the conventional variables used to assess the value of a coin will change.