Why is no one talking about this coins horrible distribution? NXT had a distribution of less than a month which is still much higher than Cinni.
How will a coin with such a small distribution ever achieve widespread use?
This is obviously just a gimmick to make the coin appear scarce and valuable in the short term, but will only hurt it in the medium to long term.
It had a better distribution than many other pos coins even better than Nxt that's why noone is talking about that.How will a coin with such a small distribution ever achieve widespread use?
This is obviously just a gimmick to make the coin appear scarce and valuable in the short term, but will only hurt it in the medium to long term.
If you need Cinnis you can bought the coins on any exchange available.
Better than NXT? Are you kidding? Atleast you had plenty of time (relatively) to buy into NXT rather than 3 days for cinni. Especially over easter weekend when people are busy with their families.
I could say the same thing about NXT, if you want them you could go buy them. But you won't, neither will anyone else.
Why? Because who wants to use a currency that is controlled by such a small group of people?
Learn to fucking economics.
Cryptocurrencies are supposed to bring fairness to a corrupt and greedy financial system.
Way to innovate Mr. Cinni.
Welcome to proof-of-stake, all you've said is a fallacy. If you want to mine signup here: http://www.hashco.ws
Quote
Learn to fucking economics.
I study Economics and Political Science
Regards
lol.
Who said crypto's are supposed to bring "fairness"? Where did this idea come from that I see spewing out in the alt coin forums so often? What is "fairness"? Nobody said it was socialistcoin where we all get equal amount evenly distributed from some central authority. No matter what your medium of transfer is, someone/group will always end up benefitting more due to one advantage or another (informational/phsyical/whatever).
I think many of you are confusing a de-centralized governing authority and fully transparent ledger with "fairness". Besides, if you think the coin has legs or might go somewhere--buy some. To be honest, buying some on the dips will probably give you more return than some of the miners renting the hash got. Not to mention significantly easier. Too many butthurt kids whining because they couldn't mine on their nvidia's during minute 1.