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January 10, 2014, 01:23:56 PM |
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Good answer, I feel it is almost entirely about speculation.
One of the things I'm starting to consider is the mining duration of alt coins. Some coins have been extensively mined in only 6 months, while I read that bitcoin, after 4 years, is only around 50%. This gives the impression that some coins are quick money gimmicks that are mined primarily by their creators.
So, do you guys agree that mining duration is important, and what's supposed to happen when coins like bitcoin or litecoin get completely mined out?
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