Post
Topic
Board Pools (Altcoins)
Re: [ANN] profit switching auto-exchanging pool - middlecoin.com
by
sykal
on 02/01/2014, 15:43:01 UTC
Why do some people have a lot of unexchanged coins, and why do some people have not? I did have a lot of them, but they are exchanged.
My guess is that it depends on which coin he/she has been mining. As noted by h20, the EU server is mining doge only and I'm guessing there's autotrading setup for that coin. For users on the US server though, more "exotic" coins are being mined and in those cases, the trading is done manually and less frequently.

Manual trading?
If that's the case, that's a big negative.

By the time he gets around to it, the coin might be worthless-
If he is auto-trading on the EU server, I'm not sure why the same isn't done for the US. We all have a lot of unexchanged that are just sitting.

There must be a reason why his holding on to the coins, for example would you rather dump the coins for 0.000081 or 0.000089.. offcourse the later and this may be the difference of $10-$40 when all you had to do was wait . No work from your end other than wait. Not bad I think, anyway I am just trying to see the positive side to it.

I would rather there be a cutoff. I am mining coins for $, not for investment.
That's my choice, not the pool owners.