Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
h20 may want to fix the coin switching algorithm. Right now we're mining Dogecoin when its on 10:th place on CoinWarz, why aren't we mining the 9 others with far higher earnings?
we should start mining tagcoin I think, much more profits
we should start mining tagcoin I think, much more profits
Given the recent returns we've been having, I think it's safe to say H20 has it handled.
Also given the amount of DOGE he can consistently supply he might have made a private contract with somebody to lock in a favorable price at the time. This might explain the manual trades he did recently and why the exchanges weren't getting flooded with DOGE on a regular basis.
Eg: A speculator agrees to buy DOGE on a daily basis for the next 4 weeks at a "locked in" price. The risk for the speculator is if the price of DOGE tanks he is still obligated to continue purchasing at the agreed price. Of course it could go the other way which is what the speculator would be hoping - that the price goes up but he has a locked in supply at a cheap price. Kinda like stock options.
But I'm just guessing here... I'll leave it to H2o to decide what coin to mine and trade, he has a proven track record to date and pays out daily so I'm happy.
