Why so many people like this coin, it doesn't has great new features I think
"Signatum is a cryptocurrency aimed at offering seamless utility on both public and TOR markets. Signatum is designed to be easily integrated into several applications, including payment platforms, exchanges, and marketplaces".
C'mon... it's just a set of words quoted from the website. What does "seamless utility" mean? What other coins aren't seamless on public and TOR markets? Like Monero, for example.
And what does "easily integrated" mean? Why it's easier to integrate payment by SIGT than ETH, BTC, XMR, LTC, etc?
Please, it's just profitable in mining, because of new algo (big miners need to re-setup their farms), absent on NiceHash (small home-miners don't use anything else than easy NiceHash), blocked on the only bigger exchange (many people mined directly there, cause it's "hard" to install wallet), and PoS coming in a month (last coins are mined now - need to grab them all). It's all the sum of circumstances, which makes SIGT harder to mine (than other coins) and harder to sell (than other coins), and need to grab it while it's giving - that what makes it more profitable than other coins. And that's why all we guys hold.
I don't see any new techno here. At least on the surface.
If there's something really new and cool in the whitepaper, which makes SIGT really different from other coins - please ELI5, so everyone benefits from it.
Personally, I'm mining till it's profitable, and holding till PoS (or until Cryptopia opens their doors and we'll see what happens then).
Well of course, the web site contains marketing speak to attract investors, traders and miners. Other cons' websites are the same. Why are you nitpicking?
A new algo is not the only reason that it is profitable to mine. Setting up new wallets by big miners is no problem for them, they are used to it. NiceHash already added SIGT/Skunkhash algo weeks ago. In large pools, we saw and we can see big farms mining SIGT. I don't hear them complaining about wallet issues if it was difficult or easy. Even if it was difficult to setup, that shouldn't stop them if the coin is profitable. No coin is hard to mine for a veteran miner. SIGT is listed in 3 exchanges with the main exchange Cryptopia reaching more than 800 BTC at its peak. How can that be hard to sell? If you know you can't sell thousands of coins immediately, you shouldn't be mining it in the first place.
I think SIGT is profitable to mine because miners are holding and there are buyers waiting for those miners willing to dump their mined coins. It only means they see potential in the SIGT coin.
Sure, you are may be right that there's no new techno in SIGT. But the question should be, if that's the case, why are you holding? Because mining is profitable? Wouldn't that be a very shallow reason to hold it? Anyone can dump anytime if they share your opinion.
Let's see, no new techno for:
-new coin with new fast algo
-miners, traders and investors immediately profited from it in the first month of its listing, except of course for those who did not sell during the peak or they bought at the peak
-SIGT market launched
-SIGT web wallet launched
-listed in 3 exchanges
-application on going for bigger exchanges
-a big online community developed around the coin in discord and telegraph
-there are 6 devs and the main dev is always available online
And that, for a 1.5 month old coin. Your are expecting so much so soon. That's not realistic.
This coin is going nowhere? Yeah, right. It's dangerous for you to speculate on SIGT rising after POW if you don't see any potential in it and are just looking for new techno.
