Is Chaincoin the Future? - Pump - Opinions - Thoughts

in #chaincoin9 years ago

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Chaincoin is something that has been around for a very long time and has seemed to have ramped up development over the past 6 months. Reading through some of their files, chaincoin helped develop a lot of the protocols and mining methods which helped Darkcoin (now Dash). So this would lead people to think that the team is doing something right.

Master nodes are another big thing. Like pivx, people get paid simply by holding the coin. For example 25% of what miners mine go to stakeholders which prevents pumping and dumping. With around 1000 masternodes now over 1000000 chaincoin are locked away and most likely won't be traded for a very long time. Its supply is also only around 24 million which is also quite nice, currently in circulation is 15000000.

Lastly, it's community, HighOnCoins has a lot to be thanked for. He has helped develop a community of HODL'ers and is promoting this coin massively. Recently, some of the Asian markets now seem interested in this as a lot of FOMO is kicking in with a 14 million dollar market cap and 1 million worth of daily trading the past few days. From a monetary side of things, the coin has a decent, working product with interesting concepts. In a slight way, the coin is like a mixture of Bitcoin (circulation and currency) and Ripple (banking, however, is totally decentralized) and is something in which the developers think they can influence the banking world majorly.

BEWARE: There has been a lot of pumping and dumping over the past few days, this could rise a lot higher but try not to panic when it drops. The coin is after rising 8x over the past week so it could rise, it could also correct. Also the Dev team picked the worst time to go on holiday. They will be back working on the project in a week or two. I'm not too sure how big the development team is but they have an interesting roadmap laid out and I'm looking forward to seeing what happens with this coin.

This is a coin I have bought into, and will continue to hold.

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Very nice article. I took part of a masternode share some months ago and I want to keep there right now

Great! I am thinking about running a masternode however the costs have increased quite a bit lately. I don't have enough yet

A masternode all alone? With masternodes share you may gain already without any cost

Yeah, what I mean was the price of the coin increasing! So instead of one costing 300 dollars, they now cost over 1000 for people who haven't invested

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