Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [GRS] GroestlCoin: First Grøstl | PoW/PoS | Democratizing Mining | AES acc
by
Lepra
on 14/06/2014, 18:17:38 UTC
It sounds like your only concern is to mine and dump this coin for short-term profit.

Maybe instead of complaining, you should do something like:

  • Become a merchant that accepts GRS
  • Contribute source code to further the development of the coin
  • Help market the coin to potential investors

Only this will stimulate demand and provide the long term liquidity that we all desire.

Well, regarding these three options:
- for accepting GRS I'd need some sort of payment service (BitPay) and a very liquid exchange. Neither exists.
- contributing source... ... currently I am working on a commercial scale project and in this moment... ...I cannot contribute
- help to market? Well, you are overestimating my influence. I'd market the coin - I am sorry but for marketing you need money, a lot of money... Someone put aside some GRS for marketing? No? That's too bad.

So in summary, you don't want to put any actual effort in. This does not surprise me.


In fact I put a lot of effort in, but noticed that at least for miners - the thing is totally not profitable (sorry, that's not trolling).

I am mainly connected to miners and investors.

Both classes of people want profit.

I suggested many things to improve GRS, but all were turned down.

Well, that's OK. But don't call me a troll - as I am not for sure.

You have a little mistake:
..."the thing" is totally profitable if you like miner put your order at 3000 sat. not for 300....
There have nothing wrong with block reward, market price is not correct if you want day trading.