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Author Topic: A story about Barney, the 10K Prospector  (Read 2681 times)
gnargnar
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February 26, 2015, 02:09:03 PM
 #21

I personally think that Fred is smarter than Barney  Smiley


10k with the current insane PoS % is simply unsustainable, while MMXIV at 2014% PoS seem to be perfect, from my own experience.

I was very sceptic about the viability of MMXIV when it began (at a much lower PoS rate at that time, wich was increased after) and I sold all my coins few months ago.
Then, after re-thinking about my portfolio lately, i've decided to re-buy MMXIV... and I will explain you why I did :

I see MMXIV as the perfect "mining plan", wich is way more profitable than mining.  Instead of leasing a mining plan/time for mining a random coin, holding and staking MMXIV gives you a return after day 1.  A return (call it dividends, interests) that you may sell already or not, there are advantages in doing either.  I would say that with an alt markets currently in a depression state, holding and increasing your stakes seems smarter to do, as the market will get better in the following weeks/months.

MMXIV recipe is the most perfect one, imho. iGotSpots made simply the best PoS altcoin, and i very like also the idea of gorillastake. The only thing i don't like from him is that he knows he made something great with maieuticoin and reproduced that concept with other coins, first Balls then 10k. I would really like that he stop to 3 now, because the first one is already the king. no need to flood his portfolio with more.

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February 26, 2015, 03:34:47 PM
 #22

I personally think that Fred is smarter than Barney  Smiley


10k with the current insane PoS % is simply unsustainable, while MMXIV at 2014% PoS seem to be perfect, from my own experience.

I was very sceptic about the viability of MMXIV when it began (at a much lower PoS rate at that time, wich was increased after) and I sold all my coins few months ago.
Then, after re-thinking about my portfolio lately, i've decided to re-buy MMXIV... and I will explain you why I did :

I see MMXIV as the perfect "mining plan", wich is way more profitable than mining.  Instead of leasing a mining plan/time for mining a random coin, holding and staking MMXIV gives you a return after day 1.  A return (call it dividends, interests) that you may sell already or not, there are advantages in doing either.  I would say that with an alt markets currently in a depression state, holding and increasing your stakes seems smarter to do, as the market will get better in the following weeks/months.

MMXIV recipe is the most perfect one, imho. iGotSpots made simply the best PoS altcoin, and i very like also the idea of gorillastake. The only thing i don't like from him is that he knows he made something great with maieuticoin and reproduced that concept with other coins, first Balls then 10k. I would really like that he stop to 3 now, because the first one is already the king. no need to flood his portfolio with more.



BALLS and 10k are very much simply tests for changes to use in MMXIV. BALLS showed the v03 protocol switch is shit, so we just forked it back. 10k showed us that 1 hour maturity is very resource dependent, but that our units can handle it. Each coin is very different, and the changes we need to test are far too drastic to stack on one chain. I cannot be more clear that making MMXIV better is the reason for all of this. MMXIV also has the best client with more features than the others do. Plus it looks very pretty  Wink

It is not a secret that MMXIV is my focus. I can't be any more adamant for people not to participate in other coins if they cannot understand and accept the risks involved with stress tests. I'm not dumping on people, that is pointless, since these chains are for testing and if I have no coins, I can't test performance

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February 28, 2015, 04:33:24 AM
 #23

lose money day after day due to hyper inflation ,no thanks.
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