Re: [ANN] FujiCoin | Japan | Since 2014 | The Best Crypto Currency
Motty ... hashrate does not influence market price(unless theres literally 0 hashrate, then the coin is dead until someone starts mining) ... its the other way around. FJC needs folks to be buying/trading it for the hashrate to mean anything =)
Of course, I don't think the hash rate directly affects the price.
But if the miners refocused on Fujicoin, it's no wonder investors refocus on Fujicoin.
I have 10 million FJC if I sold today and scattered all my FJC across all the other exchanges with 80 million or more FJC ahead of me...at the current rate of buys it would take
more than 10 years...a decade...for my sale to come up...and it would come up at the lowest sale price in satoshis on all exchanges and this would correspond
to also the lowest buy price on those same exchanges...so a wait of 10 years and the only thing that would happen is I'd have a loss on the puny fees going to the
exchanges.
FJC needs new development...a move to another project/coin/merge with some other project....
indeed...FJC would have MORE luck if you announced a FORK of FJC that only allowed Titans to run on it and no pre-mine on a date/time.
At least it would be a fair fight....but you'd still need something
But unless you have a new "hook" to attract people to FJC's use..or merge with other projects there is no hope...I can't FIND a deader coin on the exchanges then
FJC.
The argument if people would just sale their boat to my Island ..and they'd find out I make the best fish dishes...don't cut it...
same with FJC .... innovate or stay dead coin.
2014 protocol with just seg wit added after does not cut it anymore as a crypto coin project...which I quess is proved by the dead coin status of FJC.
Brad