Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Syscoin - Business on the Blockchain - LAUNCHED!
by
peels
on 23/08/2014, 16:57:17 UTC
At 100 sat mining is around 0.18 btc a day.

Eventually presale buyers will stop dumping. It's not like this is a dead coin.

If there is a lot of fee dumping that means people are using the coin which means people are buying.

Eventually the coin will have no volume as people are waiting for the services to evolve.

Miners can dump half a bitcoin a day if price stays around here. I doubt that'll knock the price down much over time.

I think 10K sat is reasonable price.

Not with 300 million plus coins.  Look at the price of something similar e.g. Pinkcoin.  Pinkcoin doesn't even have the worry of more coins being produced.

Look at something like dark coin. Still being mined, whales in it, high market cap, around 20btc worth being mined a day. People are hoping in the future dark does something.

SYS has services people can use and it'll only get better and easier.