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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Grin | PoW Mining | Electronic transactions for all. Community driven.
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on: January 27, 2019, 06:24:49 PM
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At first you have catastrophic inflation that no amount of hype can overcome, 100% per day on the second day. Then it settles down at least a little, maybe 10% per day, now the early days hype can overcome it. But hype is transitory, inflation is like the tide. Inflation will break the back of the hype machine and we will see a long price decline for 6 months to a year minimum. Difficulty tracks the price so it should be easy to mine again during that lull. I plan to be mining a lot during that time.
Great. Now tell me what coin doesn't have 100% per day on second day? Or some coins have halving on second day?  Look Raven for example. First 4 years have same inflation like GRIN. Every day new 7.2 mil coins mined , every day, first 4 years.
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][Main] Bitcore- BTX - Partnership with JAXX and ZelCore!
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on: January 25, 2019, 10:27:42 PM
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Do not try to explain this to him. This person considers the Ponzi scheme all that has caused him a loss. The bubble and the pyramid are different things.
Don't try to explain him ponzi, but try to explain airdrop, which was pure scam. "We will give them airdrop, they will buy BTX and we will dump our coins on them". It is so obvious from this perspective. And then, BTX team talked about some reasons for airdrop and how "big marketing and developing is coming after airdrop ends". In real world, someone would go to jail for a long period!
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