Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CON] PayCon™ HI POS | LiteStake | Multisend | TOR | Android | Cryptsy
by
Hippie Tech
on 13/02/2016, 19:42:52 UTC
thanks, ill do around 750 coins block and see how it goes.

I wonder why price is that low, I made some calculations and with only 16M coins in circulation this coin should have a base price of around 600-700sat.

And your calculation is based upon?
The total supply of ETH is currently over 77 million I think. Of course, this comparison is misleading. But the fact is that people ask themselves "Hmm, what can I do with this CON? Can I buy some stuff with it? Can I use it to make micropayments, as with DOGE for example? What do the developers for the future? Applicationens? Marcetcap? Massadoption? Is it worth to contribute to the development?" Et cetera..



Marketing is certainly a great way to get more people in and raise prices. Real world usages (linking with stores that accept crypto), coin payment systems and multipools should also be considered.

+1


That does not matter, the base price should be more than 500 sat+ and that is without taking into consideration any services / mass adoption, marketing plan for the coin.


Turn off you mole/spambot/shill you mudderfuddin ThunderToe ! heh..

https://twitter.com/TEKcoins/status/689523426625609728

https://twitter.com/CryptsySave/status/691188853697318912

"don't worry about the instamine.. its still good..." Roll Eyes


1240 blocks already? at a block time of 2.5 minutes that means you've already been mining this solo for over 2 days before posting the ANN thread and source?

doubtful, looks like a bit of low diff mining is all, not unusual for a new coin to start with a bit of easy diff and some extra blocks spit out while it spins up.. Its still insane low and will only go way farther up . You could mine this right now with about anything.