Quote from: HerthaYid on September 02, 2017, 12:11:11 PM

Quote from: MiBambino on September 02, 2017, 10:56:12 AM

Quote from: josefelix on September 02, 2017, 10:07:15 AM

Quote from: Jmmerquita on September 02, 2017, 05:40:34 AM

dev regarding 60 years is not realisit for people to buy ART. how can we maximize the potential of it?

why not you can still sell your genesi address if you think so! i think 60 years is good time.

Sell it to whom? As you know, it gets more difficult to mine coins as time goes on. Imagine I've bough a Gen address for 100MNE, giving me 10.000 ART. During the first years, let's say I mine 1 ART a day, for a price of 1,2$ a day. After 2 years I will have mined +- 600 ART (720$), and will have made a profit of 220$. At this time, it's already more difficult to mine ART. Now, I only get 1$ a day (IF the price has remained constant). Let's look at it realistically and say that, over the next 58 years, I will mine, on average, half an ART a day, for the price of 0.5$. The total remaining supply would therefore be worth around 4070$. Do you honestly believe anyone out there is going to spend that money, or even 1/10th of that money, for an address that makes half a dollar a day?

Who said anyone would pay full price for it? The point is as long as there is income coming in from that address, it will have a value. It may be 0.1% of its total value or it may be 10%, it's down to the demand, coin price and future of the coin.

All I'm saying is there's a lot more money to be made with A. a capped ICO, B. a pre mined existing supply, and C. a small circulating supply of no more than 10 million