You are viewing a single comment's thread from:
RE: Science is the way – is Gridcoin going to help it?
First of, please stop calling Gridcoin a token... It's a coin, nothing else.
The reason you may feel that your 15 bucks was a waste is because the price has gone down again. But the reason that Gridcoin is low is because it's lack of big investors and adoption of miners. We will gain more miners as time passes, which will give more traders and volume. When the price goes up, more miners will come in.
Or we will have a price jump because of heavy investors, making it even more lucrative for miners to run BOINC. And trade volume may increase.
Gridcoin is at it's lovest and is stable at the level it's at now. Its going between 2.5 and 5-6 USD cents. But it has great potentials and just need more investors and/or miners.
Token = representation of the right to perform operation. Gridcoin enables you to vote with your stake, therefore it is ALSO a token. Token of course means even other things but this will do in this case.
I do hope so that the whole Gridcoin community will grow. I did not doubt its potential, merely the probability that it will fulfil its potential and will not be replaced by a better coin.