Re: [ANN] [ICB] IcebergCoin | FIRST NIST5 POW/POS | Join NOW! | Supported by BITTREX
What is the advantage of combined POS/POW ?
So the miner can dump on the people buying in the ICO ?
I understand pure POS coins rising in value because the people that want to get involved need to buy there stakes and hence pushing the price up .
But POW coins are just decreasing slowly slowly in value (after usually a short pump and dump ) because the miners need to pay their overhead ( rigs,electricity ) and put a huge pressure on the price by constantly selling .....
So the miner can dump on the people buying in the ICO ?
I understand pure POS coins rising in value because the people that want to get involved need to buy there stakes and hence pushing the price up .
But POW coins are just decreasing slowly slowly in value (after usually a short pump and dump ) because the miners need to pay their overhead ( rigs,electricity ) and put a huge pressure on the price by constantly selling .....
It's not a combined pow/pos. It's a POS coin, with POW and ICO distribution. POW begin after ICO, so miners can't dump on the people buying ICO.
At the end this will be a POS coin, read the whitepaper
