Quote from: tmkn on December 09, 2017, 05:27:03 PM

Quote from: PoMa458 on December 09, 2017, 05:04:23 PM

Pour coins

That's because of the 'intelligent' way to reward masternodes - using this flipping coin/randomness.
There are a lot of new coins generated every day but nobody will want to buy them after they realise magnet masternodes are useless.. Especially that mnrank say one thing and the reality is much much worse..
I hope the dev(s) learn a lesson from this.
The price will go further down. I have no interest to buy, I sold my 2 MN coins when price was $0.4, so don't say that I am telling you this because I want to buy more..

There are 192000 new coins generated daily through pow/pos, so every 5 days 1 million mag hit the (only) exchange.
Now there are 4.4 mil mag coins, there will be 8 mil by Christmas, so go figure out what will happen with the price..

Main idea behind digital assets is giving out daily created coins to the people who are responsible for maintaining the network security - miners / masternode owners / stakers (in our case).

If You now go back 1 post and read my list what we have done with 1 month while being under attack constantly... then You will maybe see the other option in the future where we are put in more work and the network grows enough by the christmas so those next 4 million coins will be also desired by the market?

Market relies on 2 very simple aspects - supply and demand. Right now supply about what the market needs to sustain the current price.
This has happened with 0 marketing. We have put 0 effort into reaching out to people ourselves. Go check out our Twitter - we follow 2 people and almost 400 follows us in 3 week time.
Demand is there and will be even bigger when we start to introduce us to the public more and more. We will not be known for rushing ahead of ourselves and we have a plan we are sticking to even if this means not marketing in the first phase.

So if You are not considering all the facts - conclusion can end up in a situation where You sell Your early acquired assets before even the asset is properly introduced to the market.

P.S. around 96 000 coins are created daily through POS/POW