Re: [ANN][ICO] GRAFT - Universal Payment Processing Network

Coin owners (developers) try to achieve the highest possible price for their coin. If Electroneum like Monero, change the algo, There will be very small daily trade volume on all other Cryptonight coins. So, it will be much more coins to sell, then buyers need. Open market, and we will have a big price drop.
Graft developers, want the best for their project for sure, and I believe that they will follow trend of antiASIC algo change, and protect the Graft value.

The number of coins mined per day does not depend on the network hashrate. Introduction of ASICs will just cause those daily-mined coins to be in hands of few people instead of many people like now.

asic miners dump all they mine as soon as possible and ruin coins

When the main player in Cryptonight algo (Monero, followed by another coins) switch to antiASIC fork the new ASIC owners has to choose some small coins to mine.
All other cryptonight altcoins are very small, mining difficulty will skyrocket, and the mining will be unprofitable even for new ASIC owners.

Coins that won't update pow will die and cryptonight asics will die with them, this is why they are selling them now.