I found a great coin in MARKET
Now a Days mining Cost is about 0.45$ in POW now block reward is 0.75GSR per Block
Cost Will be 0.9$ when block reward is reduced to again half means 0.375GSR per Block
Now you may think why rates of GSR about 1500 / 2000 Satoshi only...See guys when mining of any coin start and it is at initial stage Requires very less Mhash for initial blocks mining....
Lets assume the start of mining cost in only about 100Satoshi so that miners dumped coins in 1000satoshi for 10 times profit...... Thats why GSR is undervalued due to initial mining. Initially Block reward is 3.0 then 1.5 and currently developer is targeting to 0.375$ soon.
This is time to grab GSR and hold..
As we can see in Coinmarketcap (
https://coinmarketcap.com/currencies/geysercoin/ )
Total Supply = 600K Only,
*** Circulating Supply = 46K Only, ***
Total Supply = 4500k Only.
If this 46K GSR are lifted from market GSR will be always above 1$ as per my Calculation
I thought GSR is Genuine you also can do study and read all the comments which are below GSR ( ANN)
Official Website
http://geysercoin.com/ANN on BITCOINTALK.ORG
https://bitcointalk.org/index.php?topic=1949336.0BlockChain
http://geysercoin.com:3001/I request all Traders and Investors do your proper study regarding this.
If you need any help you can contact me on Skype (Id) - smomin75
