Quote from: Noojna on June 09, 2018, 04:49:00 AM

Quote from: Mindin on June 09, 2018, 04:30:58 AM

Look guys. Scrypt in it's self is a problem as Asic's give you very erratic diffvariance. Also their "business" sounds nice as a concept, but is a gimmick. Price will keep going down and the coin will be abandoned in the end.

The fact that the people behind this has not been bothered to migrate to asic resistant algorithm, tells me it's a sinking ship.

Please do a bit of research, before posting FUD; some people could get worried without any reason.

TOA has scrypt algo built in only for testnet purposes and for generation of Genesis block (ya know, 1.5 years ago); in the real world, currently TOA is a 100% state-of-the-art POS3 coin. ASICS don't work with TOA: only thing that works is buying more to increase your staking.

If you think Scrypt is the reason behind TOA's recent price drop - look elsewhere.

I am disappointed TOA has been going down, just like everybody else. I do think, however, that they are doing all the right moves to become a true online value. TOA hodlers will be very happy, in the mid-term future (I just can't stand longterm investments, but that's just me).

Include me on the mid-term Investment of 6 months - 2 years but not 5 years as a lot can change in 5 years time. The technology varies as years go by and 5 year planning are unlikely to come true.

archeafae

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