Post
Topic
Board Announcements (Altcoins)
Re: [ANN][0.8.6] Hirocoin - X11 - NGW - Secured Blockchain - Time Warp Limitation
by
vcoinminer0938
on 26/04/2014, 14:59:30 UTC
As much as it sounds crazy, what we actually need to increase Hiro price is difficulty to go up significantly. Once this takes place, all these morons who mine and sell 50 Hiros per day would move to something else and stop bringing the price down. Look at these sell orders, 50 Hiro, 40 Hiro, this is just mine and sell immediately, no plan, no strategy, no promotional efforts, nothing.

These miners are not morons. They mine and sell to make money. They do not see any future of Hiro as it is a vastly instant mined coin. Higher price would enrich the early miners disproportionally. The new miners have much fewer coins and less intensive to dump than the early instant miners.

I would like to see a coin with little instant mine and fair launch. That would give confidence to the community and more people will join.

Hiro is pre-mined? At what percentage? Wasn't aware of this

I would say no pre-mine, but insta-mined.