Post
Topic
Board Announcements (Altcoins)
Re: [ANN] DigitalNote |XDN| ANONYMOUS SECURE MM CRYPTONIGH CRYPTO MESSAGES DEPOSITS
by
adolf512
on 07/01/2017, 12:36:56 UTC
The thing is, XDN is cheap enough atm to mitigate the early distribution. People can accumulate during this phase no matter how limited their means. The main thing that counts for adoption and market interest is tech and integration. Merged mining is a good idea, also things like distributed exchanges, payment gateways and shopping cart plugins.
That is the ultimate bagholder excuse "this epic fail price is good for distribution" in reality not many people will buy now and the price has temporary being held up by pumpers/investors. What you want is the price to be low in the beginning due to a lot of coins being mined and going up incrementally like bitcoin and monero. The main reason why you do not want to decrease the block reward too fast is not to have a fair distribution, it is about network security, merged mining is not a viable solution, just a desperate attempt to save a failing coin.

In practice the dash masternode system is much more centralized and secure than this mess, i am not saying dash is good, only that the XDN price is low for a reason.

Please not that if the price would go up temporarily it will not prove me wrong, only that the ponzi scheme (pump) was successful, eventually it will go down of course(just look at the previous insane pump).