Quote from: chillbill on July 22, 2018, 09:46:38 AM

Quote from: jaseno76 on July 21, 2018, 02:11:25 PM

what do I get if mining this coin?

Plus1coin has a use case. Its used on Investorshub, which is a massive stock site, to up vote posts and also to reward users for looking at promotions.
There was 9 gig of mining on it last week which shot the difficulty to the moon. Once the difficulty shot up a lot of the miners went away, so now the blockchain is just ticking over.

So now when users/advertisers want/need to buy coins, the supply from mining is very low, so they have to buy the offer in the exchanges and up goes the price. This has been happening over the last few weeks and grinding up through the book on Tradesatoshi and Cryptobridge. When the price hits 800 the mining will probably reappear (7200 coins a day) and it comes and goes even at this level.

With current difficulty, new coins are rare (maybe 1000 a day) but with the 'use case,' demand is rising and driving the price up. I reckon the 'price' suggested by the difficulty is about 1200 sats, you can work it out using web tools. So mining now is an 'investment' to aquire coin not a activity to dump on a current high price. I've bought/am buying on the exchanges. I mine coins where the price is above the difficulty value and buy coins with that income where the mining difficulty is too high for the price. This is selling hash high and buying coins low.

But coins must have a 'use case,' they must do something and Plus1 has a big use case on Investorshub and thats not counting the demand from doing the same job on the British website ADFN and its Brazilian website or other things that could come along. Most much bigger coins have no use case so Plus1 should really take off at some point. I see $1 a coin in the future, it things get going. Its configered like BTC so it has the same mechanism the flew BTC to $20,000, so I'm stupidly optimistic!

I think this coin could really go places, as it is a minnow now, but with a proper UK listed company behind it, not a bunch of kids or shady jokers. DYOR.

Ah darn, got to go buy more now, I've hyped myself into it!

I think the reach is beyond iHub but with that said it also looks like iHub is migrating to crypto. If you want to advertise with them, you have to get plusone and it starts at $2000 plusone buy in minimum

GoldBuffalo

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