Post
Topic
Board Announcements (Altcoins)
Re: [ANN][SLR] SolarCoin | PoW to PoS v. 2.0 | Solar Proof of Generation (§1 = 1MWh)
by
mattwj44
on 26/12/2015, 19:51:33 UTC
Well said! Daniobg

Agreed however potential volatility is still too high here, & even though people can claim it will still take a LONG TIME for coin distribution to even out among the public ... the average claimant will get like 5 SLR/yr max, they wont be catching up to even a 5k wallet in their lifetimes, so we know it will take a HUGE amount of claimants to wash out (and add real energy-based value) to all these mined coins since we see many wallets that number well over 100k SLR


BTC is a good parallel, but it is a billion dollar market we don't have so it can correct those issues.. we are trying to get people to see SLR as legitimate first & IMO so long as you have such huge whales there will be issues with people taking this coin seriously from an investment perspective since all it takes is literally ONE person to wake up and hit a sell button to crash the market dramatically..

Even if you could stake, the temptations if an instant pay-day are too great for some  Smiley