Post
Topic
Board Announcements (Altcoins)
Re: [ANN]CureCoin - Earn while you solve cures for Cancer. True 3.0 crypto
by
Aboy68
on 30/05/2014, 16:33:48 UTC


I understand and I even participated in that up to the launch of CureCoin.  What I saw was that any "profitable" coin was short lived because everyone hopped on it and then dumped it.

If / when people determine the coin hopping is not very beneficial, I hope they consider pointing their GPU's at folding for CureCoin long term because any money is better than nothing and at least the processing power makes a difference in the world.

I have not sold a single CureCoin since I started mining and I don't plan to for a very long time (years).  If I end up with nothing, I'm ok with it.  At least the work units meant something.  If CureCoin ends up being worth $5 at some point then I guess I'll have quite a profit.  I'll check in a couple years.

In order than the Coin live in the long term, there shold be some marketting aspect developped. I assume that if a coin has some value, it's because people want to buy it, and actually that aspect is not developped in the topic.

May be if the price is dropping, it's because there is more miner (like me) that discovered this coin, so create more coin, and dumped them because they don't see any bright future for the coin in the real life (shop, etc). So people want to point theirs gpu to that coin to help science, and dump the coin to have some ROI.

This coin seems to be a winner in its design, using our gpu for real scientific benefits instead of wasted power, but too many times such charitable projects are not balanced with marketting aspects and are left behind.
Pointing our gpu for long term without any idea of profit should not be an argument (even if many does).

PS: I'm french, and have some difficulties with the English language, so the friendly aspects of my post is often not visible when people read hem.
I agree with both, long term investment - Yes, doing a good thing - Yes, and we need a complete flow of economic eco system from investors to debitcards - spending the coins in a easy way. I have studied many coins and curecoin is most solid coin I have met but as you say we need to get more  attention in the world to get buyers = higher price, and all people that want to sell the coins now should not sell to a low price, there is buy bots that are all the time trying to get as low price as they can get, don't sell the coins for nothing - that is up to the seller!