Price going down as we haven't been on coinmarketcap for 2 days. Why haven't you sorted this, surly you look on there 2-3 times a day to see what's going on in crypto land.
As one of the biggest 'bag holders' I have to say this isn't the coin I invested over $25k into and I'm against making it full POS. I thought this was a long term coin focused on development and not too concerned about its price as the price will go up naturally as it became more accepted in marketplaces. I'm also against this decision been made to completely make it a different coin without consultation with the community.
I have to question the mine craft idea also. If you are so confident it will attract lots of interest why not wait until the mine craft idea is complete and availble.
I'm not getting into an argument and don't really want people to reply. I just wanted to have my say as I read this thread 2 times a day and haven't spoken up about my views
+1
Funsponge, I feel the same way.
If UTC goes full POS with and drops the ASIC-resistance and compromises the transaction speed, it's not even the same coin that we originally invested in. I thought we were making headway by driving the UTC acceptance and the Devs were working on the promised project initiatives.
The arguments against going seem very reasoned and thoughtful, the only reason I see for POS is "We need to do something drastic!".
I would agree that we need to do something drastic, but full POS doesn't sound like the cure.