As a miner, I'm quite content waiting a while to get on an exchange. Right now this coin is still flying under the radar, and the difficulty is low.
Now is the accumulation period. It's time to mine/buy while the difficulty/price is low.
+1
I dont know about you guys but I get about 6-8 aircoins/day at 2.3MHs. Isnt this just too low? Unless the coin is going to be at least $10 each this doesnt make economic sense at this moment in time. It is crazy that there are 1 billion to be mined, this may take foreeeever. Or am I missing something?
You're missing the part where the number of initial coins needs to be 1 billion so that their 0.25% premine seems small when actually it is more coins than will be mined during the first
2.5 years of mining.
I also find it alarming that we are trusting the developers with
$1,897,500 dollars worth of BTC if people believe their projections.
Opening exchange rates are expected at .00115 BTC/AIR, based off of current regression to the mean trends of .00002000 bitcoin-equivalent-per-kilohash-per-day, assuming a moderate difficulty (2 to 20) before entering an exchange. A higher launch difficulty will result in a higher exchange rate to return to the competitive mean.
This means nothing by the way. Whats their incentive to keep going? Why not just sell all the coins and retire to the bahamas?
People, we really need to ask ourselves; is a coin with a cap of 1,000,000,000 going to be released and be worth 0.00115 off the spot?
That would put the market cap at 1,150,000 BTC.... thats $759,000,000
ON DAY ONE!Reeeaaaallly?
A coin with:
- No new features
- No accountability (identification, recourse)
- No valid use except as a speculative asset
Come on people, lets be realistic here. A few satoshi's sure, but .00115 BTC/AIR?