I have just jumped aboard the CINNI train. I think it is a better choice right now.
Cinni @ 5300 from 3000, well played.
Find out who the multipools are, and how much hashing power they create and watch it daily! In a coin like this that will be the greatest indicator of price.
G.
p.s. nothing against BC at all, but interest rate is too low! Why hold?
Interest rate means increasing supply. You want the supply to be fixed or with minimal increase to ensure the value holds up. These coins that have ridiculous interest rates will keep watering themselves down into oblivion.
Interest rate does mean increasing supply, but it is also the opportunity cost for holding the coin once a stable price is reached.
1% interest on BC annually.
Why would you ever hold BC long term @ 40k?
ie, after 1 year, 1 BTC in BC = 1.01 BTC =
I would term BC a mined out PoW, not PoS.
But if your speculating on price then who would care about 1% per annum in interest................
(hint, no one cares because BC is over priced due to speculation, it will not go higher without a huge increase in hash power from the multipools, which it will never have).
I'm not saying dump BC. Unless the BC multipools hashing power decreases, then I'm saying dump it.
G.
