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Showing 3 of 3 results by coinhill224
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Topic
Board Speculation (Altcoins)
Re: Mysterium (MYST) short term speculation
by
coinhill224
on 26/09/2017, 19:17:37 UTC
i agree with all of your points but devs must be more active in their social doings and communication with the community

Well, maybe they just started... there is a new article in the news about Mysterium Smiley
https://themerkle.com/mysterium-network-decentralized-vpn/
Post
Topic
Board Speculation (Altcoins)
Mysterium (MYST) short term speculation
by
coinhill224
on 26/09/2017, 15:51:10 UTC
I've been following the Mysterium (MYST) for a while now and I have several reasons to believe that its price will rise significantly at the beginning of the next week.

The reasons are:
1. The downtrend which lasted for more than a month stopped about a week ago (sign of an accumulation period)
2. Since then both price volatility and trading volumes increased, with price being a bit above the bottom (yet another sign of an accumulation period)
3. The Myst developers are publishing their development progress news every month. And every time they do, the price spikes.
4. One of the Myst team members confirmed yesterday on Telegram that they will (as expected) publish the news on the first days of October.
Bonus: Before the previous updates we didn't see such accumulation period, which could mean that this time the spike will be even higher.

I'm thus trying to slowly buy at lowest possible prices. We will see next week if I was right, keep your fingers crossed for me Smiley
Post
Topic
Board Altcoin Discussion
Re: Changes in Ethereum Fork
by
coinhill224
on 26/09/2017, 15:35:08 UTC
this new fork of ethereum changes the whole system. it will no longer be Proof of Work (PoW) but instead it will be Proof of Stake (PoS). and this means you can no longer mine ethereum and all those who have already invested in some mining equipment are screwed because they either have to sell or mine something else.

and what happens is that those who have more ETH will earn more now because they will be rewarded more. like the Ethereum foundation who is holding the premined 72 million ETH tokens.

Well, there might be some controversy about the transition to PoS, but in my opinion it is for the good in long term. PoW is unsustainable. There are already gigawatts of electricity wasted to mine Bitcoin and other cryptos, which is, frankly speaking, stupid, if it can be done in another way (such as PoS).