Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][Frycoin][FRY] - Shut up and take my money! Coin image rebranded!
by
Frycoin
on 19/02/2014, 22:17:08 UTC
Quote from: knedle on February 19, 2014, 08:15:46 PM
Quote from: Frycoin on February 18, 2014, 10:04:12 PM
Quote from: ymer on February 18, 2014, 09:33:41 PM
Quote from: Chofoe on February 18, 2014, 09:28:34 PM
It's still profitable Smiley Just not when it gets way too low like 0.0..

Huh??

That is why its more profitable for early adopters. Later down the line there will be less coins per block, halving each 16666 blocks. Value will adjust as this occurs to balance out, if its hard to obtain the coins, the price will rise. It's also about supply and demand.

Hate to bring it to you, but with halving every six days it's not value adjustement, it's just what people call "get rich fast scheme" and the reason why soon enought you will be mining this coin all by yourself.

Halving every 36 days seemed more reasonable, but you discarded it, probably hoping that will give this coin more false value.

You can't see the future and neither than I, why does this coin have to be the same as every other coin? It may not be profitable right away, this takes time. So even if you are mining very little coins there are a lot of people with a ton of coins that you can trade on the market to get them. Just wait and see how it works out before judging.