Post
Topic
Board Announcements (Altcoins)
Re: [ANN] RNG Coin (RNG) - PoW mineable crypto currency.
by
lokirasd
on 06/08/2018, 08:29:19 UTC
People should think about, whether this coin needs to be mined or not?
Because if all people start to mine it, the coin's price will down, and all of their mined coins will turn into air. You should think about this, stop mining and stay with profit or continue and stay with "candy wrappers"..
I think you may not quite understand how mining works, the more people who mine exactly the same amount of coins will be created, just distributed over more users.

I would expect this to increase, not decrease, the price per coin due to higher demand for the coin.

Emission of the coin is not a variable. But demand is certainly a variable. If it's low and supply remains constant the price goes down.

thats what I'm talking about


you're good dude