I'm fairly new to this whole crypto currency mining thing so please don't take this the wrong way it's not meant to be an insulting question.... anyway, how can this coin ever make anyone any money mining? Surely it's only those that mined the first batch and cashed out during it's peak that will make a profit? Why would anyone invest money into this coin? How can it have any long term future? I'm guessing miners are cashing out asap so it's value wont really rise in the future and it'll continue to tumble day after day?
Genuine questions.
It's purely market driven. When all the Crypto's rise, so does Signatum, and same to say when the market tumbles. We've been mining this coin from nearly the beginning and we did receive a substantial amount of coin compared to what we are getting today. We have not cashed-out any of it. Sure, there may be other miners that need to take a quick profit to pay for the electricity used. However, my understanding with and about this coin and investing in signatum; is and will be the privacy feature(s)
- something most of us desire. The stakeholders are working hard in planning and road-mapping. Just give Signatum some time.