Post
Topic
Board Announcements (Altcoins)
Re: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer
by
javajeve
on 13/07/2014, 18:30:10 UTC
The difficulty is a major factor in the price, no one will sell if the difficulty is very high and the price is below the cost of electricity, then the price will go just up and up and UP

if I was a a large investor and If I had a lot of money, I'd invest in a large GPU farm for VertCoin

you ask Why?

if I do not have big Hash Power, and I just buy coins to invest ... I'm always at a loss, because there will always be people that will sell for a small profit .... maybe a beer

but if I have control over the difficulty, and buy it if the price will always be up and up

We need a big investor to invest in a big GPU farm for VertCoin


I already mining at a loss .... ie
money that can currently earn from vertcoin are less than the cost of my electricity
but I play on the long positions, I'll sell when I see a price of $ 10

a few weeks ago I invested more money on video cards, my friend asked me today .... what are you doing? why do you keep mining, I told him ..... you'll see .... things will change .... that's life there's always up and down

http://i61.tinypic.com/21dkbc2.jpg

Silence
My 2 cent





All the money you spend all g-cards etc.. you could have  bought 1000's of vert coin and would have been ahead big time
that was a wrong move