Post
Topic
Board Announcements (Altcoins)
Re: [ANN][TRUST] TrustPlus [X11][PoS 8 Hours 30Day Max][Premine = Bounties][6.3 Day]
by
Elmer Fud
on 06/07/2014, 15:25:06 UTC
why the Trust price is too low at the market (c-cex) ? miners sell them for loss ??  Huh

The block payout schedule has a nasty side effect of preventing the value of this coin from ever increasing. The only winners will be ones who had 3 million in the beginning when it was impossible to mine large quantities. That was the most profitable time to sell and sell someone did.

And it will increase network hash as the POS approaches, which is a good thing imo. Admittedly this may drive the price down as multipools sell, however it will increase distribution

At 18% interest per year, people will see pos mining of +.00189 per day and just say screw this.