Re: [ANN]CureCoin - Earn while you solve cures for Cancer. True 3.0 crypto
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 costsjust 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
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.
why do you need curecoin to fold if you're going to do it anyway?
I'll answer your question with a question.
Why would I do something in a manner that guarantees I have no chance of receiving any compensation for my time, energy, and hardware when there is a way to do the same thing and have a chance of getting some of the costs back? The way I see it is CureCoin gives me the opportunity to do something helpful to society with a speculative aspect that may just make a little money along the way. I see that as a win / win.And to be clear I had never even heard of F@H until I read the CureCoin announcement. So if it wasn't for CureCoin my hardware would have never been pointed to F@H because I didn't even know it existed.