An easy to mine but more profitable coin to offline stake with unlimited coin support (besides from mining - not staking) will hit the price
0 once a trustworthy larger exchange will pick it up.
There is no advantage of this coin besides holding it for 593% interest rate. Even if you imagine a coin will be worth $1, no one will use it because next year you will have $593 from this $1.
If somebody can explain me what other benefit does this coin have, that will give it a value?
Your math is bad. if roi was $1 a coin after 1 year if still $1 a coin you would have $6.933
1 / 100 x 593.3 + 1 = 6.933
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I think that there is lots of things we have to remember about this coin and trading.
1: Roi was on CoinsMarkets and was selling for over 150 sats and at one point was at 1500+ sats a coin. Then CoinsMarkets exchange was hacked and went down for good.
2: Roi Was on Crypto hub. And was doing ok for the most part trading around 70-200 sats. Then it was hacked and went down for good.
3: The holders/Miners of roi now worry about new unknown exchanges stealing there coins.
4: Bitexlive is a new exchange and abit clunky to say the least. Miners and holders worry about loosing coins.
5: There is not much trading of Roi because of the good ROI on the 12 month term. So 99% of miners are hodling there coins to make more coins (this includes me) and some have no intention on selling any of there coins any time soon.
6: The 1% of miners who mine and dump will always do so regardless of the price. This could be because it costs them nothing to mine so once the costs of CPU are covered they can mine and dump for now and have no need to put there coins in and wait a year.
Roi has the potential to stay at the same Term APR rates as they are now for the life of the coin without lowering the 120 coins in a block. It could give coins such as DOGE a good use. Trading ROI 1 to 1 for DOGE.
If you was to buy 10,000 ROI with 10,000 DOGE you can tern that DOGE in to 69,300 ROI in just 1 year. You could then sell 59,300 ROI for DOGE every year just from the 10,000 coins you got.
That is just one way ROI can help to build on other coins.
Everyone mining ROI will see its use in other ways. But the coin has big potential in my eyes.
I think come Jan/Feb/March 2019 we will start to get a better clue of what the coins holders are doing. If we see the exchange with mass's of coins then we know there going up for sale. But if we see very low movement then all holders of the coin should sit back and think about the true value of the coin they hold and the price it should be sold at.
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