Post
Topic
Board Announcements (Altcoins)
Re: [ANN] VIVO - Masternodes, ASIC-Resistant, Secure, High MN Rewards, Decentralized
by
szfinx
on 23/08/2017, 22:43:47 UTC
mined it for 2 hours with my 4x1060 3gb. Got 0.4 coins. Shittest coin ever. Good luck guys.
what if this coin will cost 4-5 bucks at the beginning? you can mine up to 5 coins per day. can you make more than 20-25 bucks now elsewhere with that rig?

It will never reach that much.... The price of the coin is determined by the market not the difficulty.. Pivx is about $2. Why do you think Vivo worth double than a few years old well managed project with a huge user and masternode base? Or ChainCoin is $0.25 right now. Why do you think a few days old coin worth 20x more than a mature and proven project?

You are might be right... But only if you know the answer and can present a logical usercase to support such a high price. Otherwise I can't see any rationality for the price to be higher that $0.10 (I am already generous here, ARC is only $0.07).
 
if price will be that low - nobody will mine it right after exchange happens. abandoned blockchain.

As it already happened with many coins in the past and will happen in the future as well. Most of the coins fail or never going to be more than a pump and dump in the first few weeks.

I am not saying Vivo will be abandoned by the miners, it might have a bright future... But for that, buyers will need to know why buy Vivo MN for $4000 - $5000 and not CHC for $250 or ARC for $70, or might be Renos for $1000. Vivo at $4-$5 would make the masternode the 4th most expensive on the market.