Post
Topic
Board Speculation (Altcoins)
Re: [GNT] Golem Speculation
by
sundaymorning
on 05/04/2017, 22:12:44 UTC
What's still not quite understood though is who was responsible for the 12 million GNT market purchase (2-3 million USD) up and around the 0.00008 level, momentarily taking the price up towards 0.0002.

Difficult to know for sure what the motive is, but presumably they'd be looking to make their money back with a suitable reward at some stage.

I wasn't even aware of this..that's crazy.

Something worth sharing: I was speaking with a colleague on Monday about how he doesn't have time to game on his PC anymore due to numerous reasons, and one thing he mentioned was that he wished there was something that he could make use of his idle hardware rather than sell it away completely. I mentioned Golem to him and explained as best as i could what it was. He remarked that he was surprised that there's not already a well-established company/tech that already does this in todays day & age.

That got me thinking, that this sort of technology, and other technology being built in a decentralized & networked way, will inevitably be developed more & more. Thinking of where the internet is, i can' help but think about the classic Myspace example. You may be the first to build something, but something along the line may (probably) be built that is better in some way (faster/more user friendly/more regionally accessible).