Post
Topic
Board Announcements (Altcoins)
Re: ♘♕♔SWING♚ ♛♞ ▬▬▬▬▬●Programmatically Fluctuating Miners Cost!●▬▬▬▬
by
shapetwist
on 17/09/2015, 18:39:57 UTC
So here we are, with a good coin that has zero market interest.

Why a good coin? Swinging rewards have never been done before. Why is that good? I believe it's a good way to reinstate fairness into the game. Yet, miners are greedy or unaware of cost vs market profit, and stakers will keep staking because the rewards are way too good.

Keep in mind that mining costs will always vary over time. This is some serious shit.

It will bring miners into swing mode, if they want their mining to pay off. They will have to adapt to the inherited swinging nature of block rewards, which is a step up in the game. They will have to be smart over their selling, and pick it up again at the smartest time.

This is why there is no market at the moment. This is new. They don't know how to handle it. They haven't yet figured out the waves. And the lurkers haven't realized the potential in this.

Time will come, either naturally, or we might need to put up some explanations/guides.