Quote from: Jeezy911 on February 27, 2014, 03:55:55 AM

Quote from: Robert Lewandowski on February 27, 2014, 03:51:30 AM

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Quote from: nrg_wolf on February 27, 2014, 03:35:39 AM

why is the price tanking already?
what other coins have gone through POW then switched to POS after a certain block, how did they go value whise?

MINT just started the PoS dividend today and the reward halves again staring tomorrow. The price is appreciating and in another two weeks it will essentially be 99.9% PoS (block reward will be 1 coin). A lot of early adopters are already reaping the benefits (20% APY) and may look to diversify between a high yield and high value PoS coin with their earnings, which is why I think we will see a MINT/BLK trading pair develop.

Think it will rise up after miners are done?

my guess would be yes because most of the big time sellers are multipools who's business model to take the certain BTC now. They are not in the speculation game. Remove those big sellers and we should see a rise.

Problem is KGW keeps the difficulty right at levels were multipools can mine and dump thus hurting coins. But since people dont see that they all want KGW thinking it is MP resistant.

dnic24

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