Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] DarkCoin | First Anonymous Coin | First X11 | First DGW | Fork for Masternode Payment
by
ddink7
on 26/06/2014, 15:59:57 UTC
This is Veri's growth chart. Looks great to me. Over 500 btc buys this morning, if it carries on like this, it could go parabolic like DRK.

Just don't forget to get out in the right time, however great the pump is - it's still PoS coin...
Whats the problem with pos coins ?

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2393940

So to summarize, if a credible attacker announces his/her intention to destroy a POS currency, holders of that currency are likely to sell to the attacker very cheaply due to their belief that the attack will be successful and thus their coins will be worth nothing if they sell them. Very interesting point. In fact, it presents a "prisoner's dilemma" of sorts, where an attacker can be thwarted if the majority is able to resist the pressure, but where it's in the interests of an individual to break consensus and deal with the attacker.