Post
Topic
Board Announcements (Altcoins)
Re: [ANN][PES] Pesa - Anonymous Coin - No Premine - Dynamic Interest - PoStr
by
e-coinomist
on 03/08/2014, 12:28:44 UTC
You can't be serious. Guy just posted at 4am on a Sunday morning in America while most new coins of the last 2 weeks no longer have devs.

Oh, Developers are a nice to have feature for a coin, but there are other factors coming into the figure, too. Satoshi has left Bitcoin and further development stalled there to a grinding halt. I don't have seen any improvements or additions on Bitcoin taking place inside all of 2014 so far. Maybe there is something sheduled to happen before Christmas?
Daily inflation is roughly 6x 25 BTC every hour, so 3600 BTC a day. Pesa's total weight is like 1.97% of a BTC mining day, that is 28 minutes mining time.

The other factor is Trade, and when I am looking at https://bittrex.com/#tabBitcoinTable I do see

Quote
Wallets infrastructure under mandatory Azure maintenance  For more information, see the News page.

Almost all trade volume takes place there. Bittrex is in that state since saturday, now is sunday. Cloud computing should be scaleable and guaranty Uptime of 99.999% otherwise a company should keep their data bussiness outside of any clouds. Especially sensitive data, like currencies.

Conclusion: Do not rely on Bittrex as the only exchange platform. Get into others, by use of their voting systems to adopt new coins. Motivate the community to help you on this, by releasing some next version of the wallet which includes at least one of the promised features. Once that got archived, maybe another half hour of a BTC mining day will consider to invest.


PS: what's that   BoomCoin -96.9 there in the top three of highest volume coins?