Ninjastic
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Re: GAW Zen Hashlet PayCoin unofficial uncensored discussion. ALWAYS MAKE MONEY :-)
by
favelle75
on 23/12/2014, 02:50:01 UTC
Quote from: jfabritz on December 23, 2014, 02:33:43 AM
Quote from: favelle75 on December 23, 2014, 02:19:47 AM
Quote from: jfabritz on December 23, 2014, 02:12:21 AM
Quote from: favelle75 on December 23, 2014, 02:06:55 AM
The only problem with that is the availability of coins. How many coins are actually available to dump? You do realize that 90% of hashlets converted to stakers and nearly all the stakers are filled (and locked) with these Paycoins. Other than a collective group getting together, there likely ISN'T any whales that can dump and move this price. That's the beauty of a staked coin.

Doesn't that imply that the value of the coin is not realistic because so much of the coin is locked up in staking? How would the true value be ultimately decided then if not via large-volume trading?

So for a Proof-of-Stake coin, its odd for the majority of it to be locked up in staking?  WTF? Did I just enter Bizzarro Backwards Land?

Hey, I just asked a question. I am not an expert on staking and never made a claim to be one. Do you have a financial explanation that would answer my question or a link to a useful website that I can read up on it?

No need to get all bent out of shape.  Sad

No worries, you just sounded like one of the many trolls here dumping on a coin they have no interest in or feel threatened by. If you have serious questions about the coin, you can join the HT forums and someone there will answer ANY question you have.