Quote from: nsummy on November 24, 2017, 01:01:27 AM

Quote from: Epicyclic on November 23, 2017, 11:00:04 PM

Quote from: Chromexnet on November 23, 2017, 10:49:35 PM

I'm surprised by all the people complaining it's not profitable to mine. The coin was just launched, what did you expect? Looking at the network hash rate it's obvious that there are way too many people mining Straks and trying to get instantly rich. It doesn't work that way. Over time the hash rate will go down and then mining will become profitable. But for now buying Sigt is the best way to get Straks. It's obvious Sigt is currently under valued: Sigt was at 1000 - 1200 sats before shit hit then fan.

Congrats to Straks team for the successful launch. It seems things are working much more smoothly than for example with Bitcoin Gold.

Could not agree more, if anything it has given a broadcasted fair launch, mine, or buy Sigt, shit its even cheaper to buy sigt for Straks swap than rent power to mine from nicehash.

LOL coming from someone with -4 trust. The fact that you can buy another coin for a swap cheaper than mining shows how unfair this coin is. If its cheaper to buy another coin who is going to mine it? If its not mined, how does the blockchain move? A coin swap in this case literally serves no purpose other than to pad the wallet of bagholders. Say what you want, but certainly the devs are holding a significant amount of SIGT. And if they are not, they are complete fucking idiots, because this coin will never be more valuable than 4x the value of SIGT, which is essentially worthless. Imagine what would happen to the value of the American dollar if the government announced that it would start exchanging $1 for 4 Venezuelan Bolivars.

The block chain moves just fine even with just few miners, it really doesn't need 1 TH/s thrown at it. But the high network hash rate proves there's plenty of support for Straks.

Btw, the details of the swap were communicated openly right from the start. If you don't like it then move on. No need to FUD here. Comparing Sigt's current value to Straks is pointless. There are reasons why Sigt is so under valued at the moment. The proper value for Sigt would be much higher if the project had not failed. Anyway, the low value of Sigt gives you the opportunity to get Straks with a huge discount now. If you don't like it then don't buy.

Saying things like "this coin will never be more valuable than 4x the value of SIGT" is comical. It's like saying Bitcoin will never have a value of $1 in 2010. Of course the value will go higher as the project moves on. Give the coin some time to grow. The devs are doing a great job and so far have exceeded all expectations.