Ninjastic
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Board Announcements (Altcoins)
Re: [ANN]CureCoin - Earn while you solve cures for Cancer. True 3.0 crypto
by
ranlo
on 19/05/2014, 05:50:14 UTC
Quote from: vujk on May 19, 2014, 05:45:30 AM
Quote from: ranlo on May 19, 2014, 05:42:36 AM
Quote from: vujk on May 19, 2014, 05:37:29 AM
Quote from: r3animation on May 19, 2014, 05:24:17 AM
Quote from: vujk on May 19, 2014, 01:56:36 AM
The investor ipo is off putting IMO. It is just way too many coins given out for the amount of btc. I know there is no way to fix it now, but it is a big issue for me. Why not change the halfing to every year and increase the amount of coins distributed the first couple years. Currently at around 950000 points a day, it will take me nine months to get 10,000 coins, with this decreasing as the diff rises.  I agree that initial investors should be able to reap some reward, but that is ridiculous. It was handled poorly and is the elephant in the room for this coin.

And why is it off putting? Because you didn't get into the ipo? Were you even mining cryptos when they launched the ipo since you only joined this forum in january?

Why not whine about NXT or BTC or about a more recent coin like Darkcoin?


Simply because of the fact that any moment a single person could crash the market, when it gets better established.   I didn't say it was a deal breaker. I am supporting this coin, and all my hash power is on it. It is just something I think about when I check my machines and wonder if I should be hashing at this. I have been mining longer than I have been at this forum, but you are correct I did not get in the original btc startup. I am not whining, just stating my trepidation. I will continue to support Curecoin until I decide not to, it is my decision and I will live with it either way.

Think about it this way: a single person could crash Bitcoin as well. There are many people in the world with more money than the market cap, and thousands more businesses with more than enough money. The entire thing is a risk one way or the other.

I agree, I didn't post to make a stink. Was just stating my reservations about going all in on this project. Like I said, I am supporting it, and will continue to do so.  Wink

Oh, I understand your concern. I just wanted to make sure you realized that while this is a gamble, so are cryptos in general, :p. At least this has the benefit of doing more than just burning electricity though. Sadly, I have a rig rented out for another 5 days via BetaRigs so I can't start on this yet, Sad.