Quote from: homey108 on April 12, 2018, 01:20:07 PM

You should care. It's not going to the moon as long as the miners are still forking it and dumping the price. Back when there were only 100 masternodes and the ROI was super high, there were plenty of new MN buyers to offset the constant dumping from miners. Now with over 800 MN's on the wire, and terrible ROI, there aren't enough buyers to counter-balance the dumping. Then each time the miners fork this coin, the price dumps even more. It's in the death spiral. One more un-intended fork and long repair and recovery process, and this coin will be trading for less than 100 Satoshis.

On the other hand, if they switched to POS things would be different. People would be encouraged and incentivized to buy more coins on the exchanges and to hold them. There would be no more miners dumping, and the price would rise.

It's real simple. The price is set on the exchanges. Miner's only interaction with exchanges is to dump. They pay for their coins through hardware vendors and electric companies. They don't support the price, they depress the price. POS and MN owners on the other hand, first BUY coins on the exchange and drive prices up. There is a big difference between these two. Then you add in the unintended forks and it's a no-brainer. One group supports the price, while the other dumps it and forks the chain.

The real supporters have been the long term investors and MN owners. Miners just mine and dump whatever coin they can make the most profit on at the moment without a care for what damage is done. It's unfortunate to see the dev's inability to see and understand these factors.

Now is a perfect opportunity to do what is right for the long term success of this coin, or pander to the miners and ignore the effects.

The Monero fork went pretty well I'd say, why wouldn't Bulwark follow the same path? Also, if Bulwark is the first coin in the NIST5 family (I don't know any other coin though) to change the algo successfully, then that'll make it more popular. People will talk about it and start researching it and surely some of them investing in it. So that's what I believe would be the best course of action, forking the algo and keeping it ASIC-resistant.