Post
Topic
Board Announcements (Altcoins)
Re: [ANN] <808> BlockChain Hi Rate Proof of Stake, Earn 17%+ after every 8.08+ day
by
vella85
on 16/05/2018, 23:36:44 UTC
It's frustrating yes but 808 coin is under priced. The general negative down turn is affecting all cryptos, not just 808 coin.

This "funk" i like to call it may last a few months. Once sprouts does the hardfork, there will be fewer high pos coins being offered so 808 coin hopefully can benefit from sprouts exit from the high POS scene.

808 coin will go through the same hardships sprouts went through, but in a much slower and more stable manner. This will continue until 808 coin staking difficulty reaches equilibrium with supply generation rate. That may take, hmm a year or 2

Yeah it is frustrating to see however like you said it will take some time for high PoS coins to recover. There are so many in the same situation as 808 coin so I'm not really worried at the moment. We are starting to see the staking difficulty rise a lot more with 808 as people have been saying that now people will need at least 20 million coins to stake within the 9-15 days where it was just 15 million a month ago.