Post
Topic
Board Announcements (Altcoins)
Re: [ANN]CureCoin - Earn while you solve cures for Cancer. True 3.0 crypto
by
ChasingTheDream
on 21/05/2014, 06:46:01 UTC
clever

just not clear on why people would hold curecoin

for the previously purely altruistic protein folders, there is only incentive to sell

buying curecoin doesn't support protein folding or scientific research except in a stretch of the imagination that a higher priced curecoin helps donations (more selling)


please explain why this won't be worth 2 satoshis in a month
if it's worth only 2 satoshi nobody would fold because they wouldn't recoup their electricity costs

so yes, people have to buy the coin to support folding

In all honesty some of us will probably fold no matter what the value of the coin.  I'm not particularly concerned about whether I recover the cost of my hardware or my electricity.  Crypto was a gamble for me and I simply despise mining due to the wasted resources so if I make money great!  If I don't, I can live with it.  At least the work done to earn the coins meant something.

Edit:  Regarding the original question of explain why this won't be worth 2 satoshis in a month.  Nobody can say what the value of any coin will be in a month.  There are a lot of people that will argue otherwise but it is simply an opinion.