"I stopped reading about the coin when I learned about the ludicrous staking rewards so I don't know if the coin itself has value long term or if the technology itself holds any promise."
And here you are going on about something you didn't even bother to research... It took one sentence to show just how pointless this post was. You should've just said from the beginning, "I don't know shit about Embercoin but I'm going to take the time to write a few paragraphs and pretend that I do so that a few of you idiots out there will up vote it and get me paid." Pathetic how so many people buy into these admittedly, ignorant FUD pieces.
Is the reason you chose to ignore the whole point of my post because you are holding Embercoin bags? It's been falling ever since this post.
My point in this post was that there is a fundamental economic flaw in giving this much interest. Especially in a coin that is unlikely to have higher demand as time goes on. Judging by the graphs it looks like I was right.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
And you there you go again, ignoring my point. If you don't understand basic economics it's your own problem, not mine.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
If you spent less time directly attacking me and more time addressing my points, this would be a more productive conversation.
Almost all the posts I write are posts where I talk about projects I like, and when I write a post on something I see an issue in, people like you call FUD. Guess what, you can point out issues in specific projects without it being FUD.
I will explain it to you one more time... a daily staking reward of over 10% is not sustainable. You are essentially doubling the supply every few days and without having a large enough increase in demand to meet this increase, you will see more and more of a value drop as the sell volume increases.
This is enough of an issue to me that I consider it a bad investment.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You don't know my background so please don't assume to know it. (Assumption is not part of the scientific process, by the way).
Using scientific process to evaluate non scientific subjects yields unreliable results. Good luck evaluating history with a scientific process, for example.
If you find one major flaw in a project, you should be entitled to declare the project as a whole as a project that shouldn't be invested in. A project could be absolutely amazing in all aspects apart from having one major issue and that could be good enough reason to not invest.
This is my post, I am entitled to share my opinion (which turn out to be accurate by the way) on it.
Just because you disagree with somebody doesn't mean you should insult them. You can disagree and still be civil. Ad hominem attacks are a lazy form of arguement.
At this point, considering all your comments are pretty much saying the same thing. It could be considered as spam. Unless you decide you are capable of having a friendly disagreement, please stop, I won't be answering anymore aggressive and repetitive messages.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit