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RE: Gridcoin: The Computation Power of a Blockchain Driving Science and Data Analysis - Proposed White Paper Approved
Yes, true, but how can you say that, considering gridcoin is so old and so "cheap" . Anyone interested on this methodology wouldn't just want to invest on SPARC? More promising. Or any new stuff that enters the game with dApps, who look more attractive considering the problems gridcoin has had.
I can't really follow the argument that Gridcoin is "old" and cheap and because of this SPARC would be more interesting to invest in and be a more promising option? Besides why would any new stuff entering the game automatically be better.
On the other hand SPARC and other new coins could change the landscape but it is up to us to work on remaining relevant and adding new capabilities and supporting peripheral to Gridcoin.
It is a very poor argument, but it's human psycology.
This is new and shiny, unlimited potential, and this one has not succeeded, if im going to invest on something, what do you do?
Of course i don't think SPARC is the answer to the Gridcoin paradigm, but i don't think this idea won't get revisited further. And don't take me wrong, im the first very interested on Gridcoin suceeding, but i also think that anyone investing a serious amount of money in gridcoin is not in his right mind.
In the case of Gridcoin, our age actually works in our favor because of how much we have contributed to real scientific findings by this point.
We have recently weathered some major storms and have come out stronger, in that our network is now more resistant for forking.
However, I agree that we do not have any especially shiny, interesting new features that people can really sink their teeth into. Our development has been more of an incremental process rather than any major leap forward.
Having said that, we are still a revolutionary coin because our mining process contributes to the betterment of science.
Yeah, but you see, the problem here is that market its just not rational . So while i do still crunch GRC (because i like BOINC, much more than i like GRC), i just wouldn't invest on it. Thankful to have sold in december cause i needed the money.