Re: VIACOIN ($VIA) is clearly UNDERVALUED

Quote from: currypto on August 08, 2017, 02:46:44 PM

"syncs faster than ever before"

You know why right? Again, such a trivial change. 6 characters difference: https://github.com/viacoin/viacoin/commit/7325a43554bae8e5a103ec7af4402360c4025fc1

He multiplied 2 terms by 32, increasing the bandwidth.

You're impressed by that?

This is exactly why Via is going to not make it in the long term. The "development" is just adjusting whatever to make it seem like shit is happening.

Also, that article if anyone is interested in actual facts instead of hype: https://bitcointalk.org/index.php?topic=2070354.msg20677488#msg20677488

I have the same feeling as you about VIA.

Back in 2014 BTCdrak and Peter Todd were working on VIA, this gave me the expectation that VIA was going to be a mainstream coin so I decided to invest some money in it. In 2014 I bought a lot of VIA when it was at ~12K sat. and I mined a lot of VIA when it was still profitable. However, in contrary to all that was promised there was hardly any development going on, the only thing added was AuxPOW, after this the coin slowly died.

Since there were 10 million coins pre-mined and sold by BTCdrak as ICO to support further development of the coin a lot of investors felt that they were scammed. Romano states that VIA is not pre-mined, this is not true, 10 million coins were pre-mined and sold as ICO, what actually happened with the ICO-money nobody seems to know, it is my impression that some leftover part of the ICO-money is transferred to Romano to support further development of the coin.

At the moment VIA is Litecoin with a shorter block-time and AuxPOW added, nothing new or exiting at all. You may wonder whether we need VIA at all when there is already Litecoin accepted by a large community?

The last months VIA was hyped and pumped a lot because SegWit was going to be added, there are already several other coins with SegWit activated and most of them are implementing off-chain payment and LN, so this is not very special or unique at all.

https://bitcointalk.org/index.php?topic=1777136.0

Two months ago when VIA got between 60K and 80K sat. I decided to sell all my VIA because it is my feeling that this was a one time event and that VIA will not reach that level again, whether it was a wise decision or not time will tell.