Post
Topic
Board Announcements (Altcoins)
Re: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer
by
voephilis
on 02/08/2014, 11:03:47 UTC
I always buy 100 coins per day.

g0re79: Please go home if you are not interested to buy now. Always complaining but not buying yourself when price is good Grin.
Price is far from "good". It's very low and dropping at an ever increasing rate compared to say LTC. I agree that Vert is now all but dead. Nice concept to be ASIC resistant, but the market has moved on, X11 is the new wonder ALT and no one cares about ASIC resistance anymore except the die-hard believers on this thread.  Be friendly to Multipools, they won't go away and learn from history that if you try to buck the market you will lose big time.

when KnC delivers their first Scrypt-Asics with 400 MH or more people will switch again to coins that are asic proof. and there it doesnt matter if a coin has x11 or lyra2. x11 got random in the last month. lyra2 is uniquer. only problem I see is the multipool thing as you mentioned.

Miners need to pay bills. If the price of vtc is low and you only can mine vtc with your lyra2-miner people won`t choose vtc. It isn`t profitable for them. So they will choose the multipool.
But if the price rises again and it will, everything will be good Smiley