Re: [ANN] AsicCoin (ASC) | SHA256 - The coin for ASIC Mining!

OP hasn't even logged in for a while. I'm a little confused by that. We really need a forum and a marketing push.

The coin just took off the last few days... he will be on soon I am sure

Now that things just got interesting for the coin recently.
The coin is an older one that's been on Cryptsy for awhile but just got noticed. I has great specs.
Block halving already occurred so no miner dumps. Yet still great to mine!

The big deal is that it just listed on CMC a few days ago and got noticed. Hidden gem.

Anyways it's #1 on everything now. percentage gain... volume in LTC on Cryptsy. etc..
I would think it will do what NETcoin and Infinitecoin did. Great trading and good volume.

They got up to 6-10 million cap.
ASICcoin's market cap tripled last 3 days. Seems to be sucking away money to it from other coins including those two.

So looking for 3-4 fold increase over the days to come. Then should stay up there just like NET and IFC have. For awhile at least.

IFC and Net are Scrypt mining.. and this ASC SHA256... so those bitcoin miner can mine this... not sure like that consider better than ifc/net? or...

I see what you are saying. Scrypt miner's can't mine it. But it makes more money than BTC I think right now for people that are using ASICs.
Especially with the price going up.

So I would think that will benefit the price by keeping the miners from "over-mining" so to speak.

Either way I think there is a lot of money to be made for Miners and investors/speculators on it right now.
Miners will benefit from price increases since they can now make more mining this than BTC. So it's in their interest
to keep pushing that price up to where it belongs.

Overall I really like this coin on multiple levels because of all this.
There are like 100000000 Scrypt coins right now. This is not those. AND it's #1 volume for LTC pair on cryptsy.

Love it... will enjoy this ride.

One thing which I don't think is brought up enough is that this uses essentially the same code as bitcoin while running with faster blocks made possible through asic miners (30 second transactions). This means that for any service/application that supports bitcoin they may easily also support asiccoin. 30 second transactions makes in person exchanges much more practical without a third party 'merchant'. For example, you could pay for dinner in that time frame without the need for someone like coinbase to accelerate the transaction.

Mobile wallets need to be 'ported' from bitcoin to asiccoin imho and the asiccoin desktop wallet updated so that there isn't the issue with adding nodes.