Post
Topic
Board Announcements (Altcoins)
Re: ★█ Zeitcoin Movement █★ [ZEIT] POW/POS ★BOUNTIES★ Join Our Thriving Community!
by
gimmezeit
on 10/04/2014, 16:30:47 UTC
This coin's inflation rate recently fell by over 78k coins/block to 1/block. Oddly it's not until after that event that the coin dumps really got rolling. I know because I've accumulated more than 1% of the total money supply since that time merely by erecting low ball bid walls on cryptsy. It seems odd that there should be so much dumping on a coin with a healthy 25% stake rate and such a tiny block reward, but at any rate these dumpers will run out of coins to dump and the price will stabilize. The maths for indefinite dumping do not work with a 1 coin block reward and such a low price. I'm standing pat while these guys punch themselves out.

I aim a the same.
Just as with BTC, a low price is not bad if you feel like buying once in a while. Smiley
* gimmezeit is watching happily...
edit:  "/me" irc code works in here rofl