Post
Topic
Board Altcoin Discussion
Re: rpietila Altcoin Observer
by
damiano
on 27/05/2014, 04:36:22 UTC
Monero, my man, why are you tanking?  Angry

Bigger picture: it's up about 4x compared to 10 days ago. Swings are common in altcoins since the liquidity is much lower. An early adopter has to sit through these calmly. This is especially true for CryptoNote currencies because they're young and so their infrastructure is underdeveloped compared to Bitcoin and Bitcoin-based coins.


Too much inflation. Classic problem with some altcoins, but it's even worse with MRO (right now).

This is true (because it's a 1-month-old PoW), but by design it goes down a lot over time. Faster than Bitcoin's.


Yep

In a few months we won't be at the price we are now Smiley