Post
Topic
Board Announcements (Altcoins)
Re: [UNOFFICIAL] VNL | Vanillacoin 0.3.9 UPD! | Node Incentives | ZeroTime | POW/POS
by
ancientcoins
on 03/11/2015, 18:12:03 UTC
how is vnl at 9k what is even going on

It's above 10k. Do you expect it to stay relative as Bitcoin goes through 300? Of course not. The market is doing it's thing. It will be boring until BTC crashes, which should not be long off. People gotta cash out for the holidays to buy Lego Star Wars. Cool

Thank you for your support.

And if bitcoin goes to 600-800-1000 $
This is inconsistent with reality. Bitcoin is a miners market, meaning it is worth what it cost to mine. Periodically we have these pumps and always have. The miners are waiting to dump and when they do it's back to ~200 where electricity cost to bitcoin output ratio is normalised. I highly doubt BTC will be over 400 even in 365 days from now unless the mining hardware situation changes. Cool

Thank you for your support.

over 400 now