[ANN]AXIS coin + - Hybrid - X13 - 6M. Android Ticker. MANDATORY WALLET!

I just wanted to chime in with my 2 cents about exchanges/hashrates etc. from the perspective of someone who doesn't spend more than I can afford to keep while mining any coin, so I never "need" to sell any coins.

first thing I've noticed from pos coins during mining phase and starts on exchange... first bunch of sales are a decent price, which attracts the pure profit miners and their rented rigs/farms which sky rockets the hashrate to the point were you almost need to rent a rig to get more than a few coins an hour. then a few hours or a day later all those profit miners need their money back so they dump the coins at what ever price they can get slamming the price down to the bare minimum where it will usually stay till the end of the pow period, making it utterly pointless for smaller miners to sell any of their coins if they wanted to. then profit miners lose interest in mining at the low price and for some reason people complain about low hashrates?

The best mining experience I've had so far was with OC... I don't think the hashrate on dedicated was ever over a couple hundred m/h's and the last week was around 30-60 m/h's, we were on bittrex but the plan was to not hype the coin like everyone else does on day one, once we got through the mining phase without any forks or complications and pos transition went smoothly our dev gave us the thumbs up to start pushing the coin a bit.

the lack of attention was partially due to all the attention that shibe and AC were getting due to their issues but also very purposely... and it worked out very well, price never really crashed during pow and stayed close to 40 sat's the whole time and since then we have made some really steady progress. Most of the miners who stuck around for the whole mining phase are still active members in the thread and help promote the coin, the people who stuck around saw the potential in the coin not just the potential instant profit in mining it that day.

If I don't see any shenanigans from the dev's like I just went through with the last coin I tried to be a part of (lol check my recent posts and you'll know what I mean) Then I'll most likely be around for the long haul... even if theres not crazy hashrates or high prices on the exchanges... in fact if hashrates get too high I usually look for another coin till it comes down again. The true potential of pos coins isn't supposed to be seen till after pow phase ends anyways.

Great looking wallet, logo, even block rewards, clean launch... so far so good in my eye's

good job "callmemike" Wink