wish these coins would stay profitable for more than a day
if people weren't dumping like crazy right after mining, it would profitable longer...
hence stop dumping... have some vtc, it went several time from not profitable to very profitable, if you are patient enough
you can get an interesting deal... that the way altcoins work, but since a year it is the "dump directly on exchange" which seems to prevail hence the low profit... well sorry but this is a bit on you... (please spare me the "I have electricity bill to pay..." which isn't a good excuse...
It's human nature and it will be done whether I do it or not. It's up to the coins to have a difficulty retargetting
algorithm that can compensate for drastic changes in in network hash rate caused by profit switching multipools.
I know I'm talking about minig, not exchange rate but hey are linked. Diff is low, multipools jump in, score a pile
of coins and dump them on the market driving the price down.
I dpn't know why coin diff swings so wildly if it just stayed stable, moving by fractions to compensate for changes
in hash rate. If they don't make dramatic changes in diff the multipools won't be jumping in and out, the net hash
will be stable and so will the price, or the price will be driven by other factors.
It's just a matter of adapting to the environment.