This coin has very strong fundamentals and a zero hype
Like Swisscex exchange, which is perfectly designed, but somehow people choose to trade in other flawed exchanges... Ehhh.. maybe the time will come for this coin. Fundamentals can keep it alive while other coins are going to die.
Do I understand it correctly? If the price of Charity Coin will increase, then because of that our supported charities will receive bigger donations from us? Right?
Hi coinmeister
You are correct . The whole idea is that after a strong mining community is built, investors will buy-in, and these coins will appreciate immensely. This will benefit not only the charities but also the investors and miners.
Although some people seem afraid of mining a coin labelled Charity, maybe because the name implies giving and if there is giving there is less profit, make no mistake about it, this coin can be extremely profitable.
Most importantly, this coin has potential to generate a massive amount of money towards people who really need. And without even needing to ask for donations.
The other coins are all dependant on a very trick factor to help charities: people actually opening theirs wallets and making a donation. Some will do it many won't. With CharityCoin the donations are already generated as every block is mined.
For the idea to work we just need people mining and investing on it. We believe it will be one of the coins destined to stay after this period of over saturation in the crypto currency scene.
Most coins die in a short period of time victims of brutal pump and dumps, but CharityCoin will grow slowly, as we will continue to work in developing and marketing it, and after the dust settles, it will become a strong coin.
For now we can only try and get CHA integrated to more exchanges. Which became a bit of a challenge at the moment since most exchanges are using a voting/bribing system. So we either need a large CHA community voting us in or Bitcoins to pay for exchange integration. Right now we have none of the two.
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