Quote from: ISAWHIM on June 05, 2014, 07:53:43 PM

Quote from: tuvokcoin on June 03, 2014, 11:58:27 PM

How does a coin protect itself from multipools then?

The only protection from multipools is a coin that does NOT decay exponentially in "reward", as more miners jump onto it. It does need to decay, but not exponentially with the exponential miners that it attracts.

The only other way around that, is to BUY what they DUMP. Since they are mining at a loss, it is a gain for you to buy them, as opposed to mining them. Multipools still have that illusion that they are "gaining", when the reality is, they are creating their own losses that they actually have. Takes people a while to realize they are losing in a multipool, except the few lazy ones who are just too stupid to realize they are being used.

P.S. No "dev" owns a coin. They may be the only ones releasing versions, but if it has no followers, and another dev releases a new version that has more followers, guess which dev-team will die-off. The one that stopped listening to the ones holding the coin, who are the "owners of the coin".

It doesn't matter who develops it. It only matters who uses it. Since devs are not the primary users, (if they are, then it is the devs coin), it is not the devs coin.

You think the devs will be around in 100 years, or 50... No, just like bitcoin and litecoin has had many many many devs. No-one owns bitcoin or litecoin.

That being said... You want this coin to go up in value, just buy some. Every coin you buy, lower than your highest coin, lowers your average that you paid. Eventually, at some point, you will have an average low enough to sell for a more reasonable price. Especially now that bitcoins is on a hike to $6000+ You get exponential rewards, if you do it right. There is no reason why Hiro can't be equally as valuable as DRK. (Not the same coin-value, as the rewards and coin-volumes are not the same.)

P.P.S. You don't buy coins at the top, to sell at the bottom... You buy coins in BULK at the bottom, to sell in BULK at the top. (Take a guess where Hiro is now, top or bottom? Hint: it's not at the top!)

These boards can be a bit frustrating. Much too much lowest common denominator thinking, baseless assumptions and truisms offered as insight. Or maybe you were just being sarcastic.