Post
Topic
Board Announcements (Altcoins)
Re: [DeM] Deutsche eMark - DEM - cryptocoin SHA256 POS/POW
by
Sampey
on 20/10/2014, 06:40:18 UTC
Alicea said it all. This coin is running around for a year now and hasn't been serviced in this period. And still everything is well! A new face is maybe more attractive but doesn't add any functionality. And POS stinks. Real life test: put a 10 euro note on the table, wait a year and check if after this year there is an extra 30 cents beside the note. Money needs to work, just like people.

Over the past months I learned a lot about coins, mining and markets. If you take a "dead" coin with a relatively small community and you bring down the exchange rate you will see miners (especially auto-switching multi pools) leaving and the difficulty dropping. In return the reward for your mining activities will rise. On the same occasion you can buy other (especially the auto selling) miners' eMarks at junk prices. From that viewpoint it was an interesting summer. Now prices are (brought) up another and more rewarding time has arrived. This phase will attract new attention and new capital.

And with a market cap of only 60k USD it is very easy to own (and control) a serious part of the market with only limited amount of Bitcoins.

LOL.

Quote
Over the past months I learned a lot about coins, mining and markets

Well i suggest you to restart from scratch.  Wink