Re: [ANN] TopCoin, Unique coin with rapid Block Halving (2 Days)
Man I hate repeating myself. Do the math. I have shown in previous posts if topcoin has the market cap of DOGE at 1 coin per block it can only sustain 800kh/s. Anyone can 51% it if they wanted
Its not really about the market cap in this situation, because the amount of new coins that will be getting minted is almost none.
Also this is a experimental coin to see what really will happen. Most cryptos eventually will be reduced to 1 or less. We are just speeding up the process.
My personal view is that it will be fine, and the price will go up enough to still give a return to those who remain mining.
I am strapped in tight for the ride! The rest of y'all are just pansies. Sit tight, should be interesting to see which way this goes.
I'm with you, only have the 1.2m I mined.... but I'm going to hold them... worst case scenario I lose the potential $30 I could make right now... best case=top goes to $0.01 and I make $12k .... I'm willing to gamble $30 if the payoff is 400/1 or better
You never know! And that's the value in this experiment.