Post
Topic
Board Announcements (Altcoins)
Re: [ANN][BWK] BULWARK | NO ICO | Masternodes | Accelerated PoW | Seesaw PoS/MN
by
lyolyalya
on 13/04/2018, 05:56:40 UTC

There's really no upside to continuing POW. Only downsides, lower prices, and malicious or unintended forks.

Upsides to continuing PoW, just for the sake of argument-
1. Continued free publicity via WTM/Crypto-coinZ/Crypt0-zone
2. More opportunity for small buyers to get in with less risk
3. Far easier to build a userbase and community via mining than staking.

1.  Free publicity to bring more miners.  Not investors, not buyers. Miners/Sellers don't invest their $$$ in a way that helps the coin.    Their money goes to hardware vendors and electric companies.  Then they sell/dump on the exchanges.  We don't need this kind of publicity.  Compare this to MN owners and Stakers, they are incentivized to first BUY, and take coins off the market and hold them.  They help the community and other investors by stabilizing the price.  The miners just mine and dump.



ok.let's say.you have your $10k and i have my $10k.you are buying bwk and i buying hardware 2 month ago.bwk at 5$.now it is at 1.3$...your investment 1|4.are you going to sell it?no.i mined bwk last 2 months at price decreasing.am i going to sell it at 1.3$?no.any way.so who is investor?i mine it?you are buying it=)yes.theoretically with yours efforts price will going up...aaand.lets say that bwk will be at 500$.would you sell it?i don't now...maybe...at least 100x - is a good invesment.and i will sell it for sure.you are right.and i will dump it.yes.BUT.you can buy it with less price and do some X's again...if noone sell it then who will buy it?