Re: [ANN] INTENSE COIN - Blockchain backed decentralized VPN - Hybrid PoW
I don't understand why the developers feel the need to have so many coins. It's not necessary, and it is counterproductive to price growth. This coin could skyrocket in value, but it won't unless the total coin supply is significantly reduced.
No, you don't understand how it works
But it's true that it can be counterproductive because some people don't understand how it works.
See, ITNS Circulating Supply is actually less than 300k, it exist since more time than XSH. XSH have already more than 400k mined and just by a little group of person (that will probably dump a lot as soon as the price and volume
will be a very little bit higher). ITNS is a real and new project.
300k ? I highly doubt that. I alone own 117k and i'm a fish compared to the sharks who probably already own millions.
The block reward is 1645 per block and more than 100 block are mined/day...
You are missing a 0 (at least)