LUTZ @ all the people crying for an exchange. You want one make a dang google doc then. Coins used to go a few months before they got pegged onto a exchange. Giving a coin a week or more to see if its worth while does nothing but help the price because this helps avoid typical scam pump and dump coins.
I didn't realize that wondering how much a coin is worth is equivalent to crying. I always hold anyway, never dump.
Right... and your only part of maybe the 10% that does hold. My point being I have seen more than my fair share of coin go to market right off and seen it just destroyed. All it takes is a few Chinese farms to kill the profit off it.
Why doesn't this coin have an exchange? I've been solo mining for a couple of days, would like to know how much these coins are worth...
This coin doesn't have an exchange because it isnt even 3 days old yet. I see the validity of having the coin on an exchange but from a value point of view the coin not being on an exchange is a good thing at first. After PoW phase ends is when we should be pushing for an exchange with the plan on having the coin on one sometime next week. That would be the best option.
The coin needs an exchange now when people can get some with their own hardware and not have to spend BTC to buy. No one is going to invest in a coin that is un-mineable that offers no special features and does nothing to separate itself from every other coin being launched. If the coin isnt on an exchange before POW ends it will die.
I often invest BTC in coins that are truly innovative and that offer something different. This coin does neither of those, and the only way it will get popular is buyers/investors for it on an exchange.
POW 3 days was a good idea assuming it got added to an exchange within first 24 hours, its looking like a terrible idea now.
You guys have to remember, its people willing to invest in a coin that assign a BTC value to a coin and that buy up your coins. A coin with no innovation, that isn't currently mineable, and can only be bought with BTC creates little to no appeal for investors. Especially when there are 10-15 other coins with similar specs, pos interest, and features that are already more established that have bigger mining communities and initial supporters.
Your first part makes no sense. How would people not having BTC , not able to mine it right now?
Also, for the rest, see my response above... You think that would not hold true? Why would I mine it then when some farm sees it profitable now, goes and hashed the heck out of it, not only raising the dif, leaving those small miners with less, but then they instantly turn around and dump it causing a massive price drop?
Think of multipools. Thats pretty much what your asking for. Kill it before it even gets off the ground.