Post
Topic
Board Announcements (Altcoins)
Re: Vertcoin | Scrypt N | Beat ASIC | Stealth Address - Alpha Testing
by
turtoro
on 22/06/2014, 19:58:50 UTC
every 24 hours 28800VTC are being created(correct me when i am wrong).

when you want to sustain a price at 0.0015 you will have to flood more than 40btc into the market to catch up with that inflation.

and you can be sure that miners are dropping their VTC directly to the exchanges.

I have been mining only VTC for two months and I plan to hold them.

In fairness ymer, you are in the minority. As you know many miners need to take inherent costs into consideration and look for quick profit. This is why being a "miners only" coin is dangerous without other incentives to hold up demand.