What is the price expectation for CRDS? Mining is CPU, but it's not any CPU capable of undermining this, right? Or are almost all CPUs capable? Is there any exchange ready to add CRDS?
For the price expectation look below. For mining, you need a 64-bit OS and a decent CPU.. I can't tell you exactly which CPUs are worth to mine with or not.. it depends.. what CPU do you have?
No, we are not actively looking to add it at any exchange at the moment. After 1-2 months once the network has grown, we will apply to Bittrex.
Quote from the OP:
Price can somewhat be estimated and roughly worked out, even without a market now and without one being live at launch. This also applies even after Credits(CRDS) is traded upon an exchange platform.
How to work out how much 1 CRDS is worth:
Raw Cost to Miner to Generate 1 CRDS: Cost of Electricity per Day / Amount of Blocks Mined / Block Reward
Supply & Demand: The price of credits is largely depended on the demand and supply. This means that high demand and low supply often leads to an increase in the price. Note that Credits(CRDS) have a controlled supply whereby the total number of Credits(CRDS) in circulation must never be more than 95 million after ~36 years as well as having PoW/Masternode rewards mapped for those ~36 years.
Technical Innovation: With the use of Argon2d, Masternodes and the addition of features on the roadmap over the coming months there will be continual development and movement within the project which will add to its value.
More Users: With widespread use, adoption, knowledge of the project and contribution from new people everyday, Credits(CRDS) will continue to rise in price, a large network of users is seen in all high marketcap coins(unless their marketcap is manipulated)
Inclusion: Credits(CRDS) does not look to exclude anyone and with that it makes it a lot easier for new users to jump onboard and begin mining straightaway. With no immediate threat of mining pools as there is no Argon2d UNOMP module and no compatible pool with that mining algorithm, we will see some time for pools to become active. Also, DELTA (the difficulty retarget algorithm) protects against Multi/jump mining pools even when pools do become active in the future.
Of course there are other factors to take in to account such as Government Regualtion that might come to crypto, Media influence, hype and of course the possible market manipulation from whales as we see in some coins within their lifespan.
@loremipsum
Why my post
I've added the first week's post on page 15,, but why not count
Updated!
