Post
Topic
Board Announcements (Altcoins)
Re: | ANN | Espers [ESP] | New Algo | New Features In Development | Reverse-ICO |
by
Tekna
on 29/07/2016, 08:45:39 UTC
One of the main reasons we were trying to make a CPU only coin is that only then will it be acceptable for everyone to mine. it was more then a gimmick. if everyone could mine with no resources taken while they mine something else. then we wouldn't have an over supply issue. however because some people had a GPU miner that was far more profitable with their high end rigs. we had to conform to stay fair. i do not believe we will hard fork unless absolutely necessary.

What i see happening in the worst case scenario. the community will lose faith, or not see a profit and try to dump everything. in this scenario we will keep developing. when what we promised is made the community will come back and buy back at a low price (which will change making the coin less for community and more for share holders. because there will be a few who will stock pile their coins and buy more at incredibly low prices.
The best case scenario is that the community does not lose faith, spreads the word and keeps espers alive while the developers work. and those members who kept the community alive will have more ESP then anyone who comes in once the functions have been implemented.

Both of these scenarios are acceptable to us. if people can make money off of us then great. if people cant make money off of its then thats fine to. our goal wont change. it is because of this mindset that allows me to say with full confidence that The developers will continue what they do best. the project will never truely die. and we will make everything we planned for.

Is there a miner that will work with an HD 6450 yet?

I will contact the developers and see what we can do. to accommodate this.
In both your scenarios, you are making a few individuals holding a majority of coins and later they keep dumping with slight movement of the price, as they will be making a lot of money. A coin's success is dependant on the distribution and only a healthy market can attract more people  and will sustain in the long run.

That's what I think: Esp devs are much confident in innovations they are about to propose, and many weak hands will have left the project as they see it no longer give them a huge return. That's why they are not much concerned about the market excitement. As the innovations take place, strong holders and new investors will come across this coin. As they told, it's up to us believing in this project or not (this PROJECT, not this fast return of investiment in a big pump that end in itself). If this is a good choice or not we don't know, but crypto world is a dangerous place and every dev is making his game in his way. We have to deal with that! Good luck for everyone, I'm in from the beginning and here I stay!