Can someone explain to me what will happen when the pure PoS is going to happen? I understand the idea I'm wondering about the state of the coin.
With no mining the only way to start minting is by trading which imo would drastacly reduce the coin growth. On top of that everyone would save their coins, none spending which means it will be less likely to see people adding mint to their services. Or am I wrong?
Look at bitcoin and that will answer your question.
please give me a break. lol hahahahaha
you know what is going to happen to mint on pure pos.
people will leave. miners will leave and go to other coin. also small holders leave.
its like the richest get richer ( on mint ). we have enough of that in this world.
you need support of small holders and miners. price will go down eventually. big fish will leave as well.
might become pump coin. food for wolongs et whales. it gets eaten and dies. its doomed. its ridiculous to cut off the miners that built the coin ( i was one of them ).
you will mint only max 300k in a year if you have 1 million mined which i did in a few days. thats not even a little bit profitable. even with a double price.
luckily i abandoned ship @ 53
i think that will answer the question.
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