Why?
Any real reasons for it?
What makes it so special and unique?
What features does it have? Who are the devs behind it? Somebody using it? Merchants accepting it?
Any of this?
Or just create coin , mine the shit out of it , pump and dump , next coin?
its fun to mine, its not being instamined, the premine will be managed effectively.
giveaways, superblocks, PoS steaks, good name, good community
will be developing into something great, just because not all coins are good doesn't mean all new coins are bad.
imo the settings of the coin are good for transactions, and it makes a great coin for testing your rigs out if you aren't into mining new coins.
I think if things continue along smoothly this coin has a good chance of making exchange, and longer term, being a stable member of the crypto currency market. check it out, the 30 second block time and total coins produced are good choices, the PoS @ 5% is a good choice.
I just think its a good coin setup compared to some of the other trash ive seen.
also everyone knows you always go all in on grain.
I hear the same thing about the all the alt coins. And so many times I feel like seeing a copy paste message.
Fun to mine? What the hell is that? Starting the cgminer and watching fans is fun?
It's either poor marketing or you guys need to go out more.
As for the rest of what you said , 30 sec block? we have at least 10 coins doing the same , also 10 with 15 seconds , 10 with 60 seconds in less than a year will have 10 with 29 seconds and 10 with 32 seconds.
For the second bolded part.
Why is graincoin better than ..doge?
WITH FACTS! No community , fun bla bla non sense for catching noobs for your pump and dump schemes.
FACTS!!!!!!!!
I don't know that it is... its different, or maybe not even that... its not a ridiculous pump and dump cash grab of overvalued joke coin? (not a shot @ doge, doge is overvalued, and created as a joke, and being pumped and dumped)
there are no facts separating the value of one coin over another in the scrypt alts market right now, other than established market cap and your own interpretation of the trustworthiness, skill and reliability of the dev team. fundamentals haven't even begun to enter the picture other than instamine scamcoins being *somewhat* avoided by the established community, and the top dogs like litecoin showing some deviation from tracking bitcoin on their own fundamental value.
when I say its fun to mine, all I mean is if you are soloing it then it pops out a superblock once in awhile, worth quite a bit, tahts always nice to see even tho its random and simply adds variance and calculation complexity to coin generation.
at any rate, im not saying its fundamentally any different than the rest, but imo the coin settings are very nice. this is a well balanced setup between tx confirmation time, money supply, and PoS inflation.
also the theme of grain suits well the varying crop sizes of blocks, and the PoS concept.
given the options out there, I think GRA is as viable as the next new alt, possibly above average, and my experience so far with the dev team has been great. I personally am helping support the community with any issues they encounter as members of our grain community, and this is how we will build the profile of the coin.
good community, good support, no shenanigans, fair everything. we need community support to grow a coin and if we all work together to prove why its good then everything will work out in the end.
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** edit, I wanted to add that im pretty sure EVERY SINGLE COIN fits the definition of a pump and dump scheme, at least out of the gate. only time will tell which of them will retain value in the long run, and which devs will cash out and run, which will stay to grow even bigger.
one has to realise in a bubble market you take profits while you can get them, and that the long run for us may only represent months or a year or two. unlike the real business world, if this market tanks its not coming back. if you create a startup with the intention of being bought out, that's a viable business plan. you are transferring your risk onto another party when you sell. (market risk). this party then holds all the risk and all the upside. if there is no backing to the purchased assets it only makes sense that you would want to grow quickly, and sell while its high.
every single unregulated open market will suffer from severe liquidity issues during its infancy, resulting in high volatility. even the most well-intentioned of coins would suffer from pumping and dumping outside of their control.
basically you want the dev team of a coin to have a lot of coins in their control, its incentive to grow the coin. this is why premines are good, and instamines are bad. it also allows for some profit taking on initial market listing, which can help further grow the coin, or line someones pockets, or both.
ultimately at some point the initial investors in a coin be they miners or devs or scammers will want to take profits, to automatically call this a pump and dump scamcoin is not accurate. only after a coin has been pumped, dumped, cashed out by devs and abandoned, then you know whether you were right. at this point its all just speculation, you give no chance to any coin to prove itself in an even bigger way.
if devs get rich and retain a large share, or the new large shareholders get involved, the coin can just keep growing. changing ownership does not imply failure, a premine does not explicitly indicate pump and dump. there is no reason a coin cant be pumped up, devs sell out, get super rich along with early miners, AND THEN CONTINUE TO GROW THE COIN EVEN GREATER.
not trying to say this will happen for GRA, just that the general consensus among the community that premine = scam, new coin = scam, etc isn't very well thought out and leaves no room for ANY new coin to grow and prosper, no matter how well intentioned.
you are trying to kill the young prince before he has left his cradle, lest ye be deposed of your throne upon his coming of age. a prudent choice, but alas, what of the kingdom? have ye strayed so far?
