Huntercoin MMOCG the future - Chart Analysis

in cryptocurrency •  7 years ago 

 

                           

Huntercoin is a(n) truly innovative alt-coin which features a dual  SHA-256 and scrypt traditional mining system along with a truly unique  gaming graphical interface through which people can control in-game  characters to collect coins.Is a fork of Namecoin that uses namecoin’s protocol  not to resolve domain names, but to host a decentralized game that is  played on top of the blockchain. Instead of mining, people can earn  coins by playing the game.


According to the developers,  Huntercoin is an experiment in decentralized (server-less) peer to peer  gaming. It’s called ‘Huntercoin’ because of the way that gamers are  actually hunting for coins within the games graphical interface that is  connected to the wallet. The term ‘human minable’ is used frequently by  the developers and is actually an accurate statement.


This  is a very ambitious project called MMOCG (massively multiplayer online  crypto-currency game)  seeks to create an  entirely new category of online multiplayer gaming which would eliminate  the need for central servers and make it practically impossible to  cheat. 

Features:

-Human Mining  Control Hunters to harvest coins in another dimension using strategy, time & teamwork.

-1 Minute Block Times.

-Dual  Algorithm –SHA256 + Scrypt. Each algo has separate difficulty, both  targeting 2 minute blocks. Both are Merge Mineable

-Crown of Fortune – 1 Unique Item on the map which will generate 0.25 HUCs per block

-When  a Hunter harvests coins and brings them back to a spawn area, the coins  will materialize in their wallet, 

iners will receive 10% of these  ‘banked’ coins (TAX)

-When a Hunter is killed, 4% of the coins they held will be taken by miners. The rest will be dropped to the ground.

-Hardware Miners should receive in total (over time) ~20% of the Block Reward (2 Coins) + Player Death Taxes.

-42 Million Total Coins

-Can  be considered a basic decentralized P2P Massively Multiplayer Online  Crypto Currency and Game, which takes place within the block chain.

-Includes all relevant features of other crypto currencies.

-Integrated Client Chat – Player can chat per block.

-Serverless

  -Starting cost per Player is 100 HUC 

-View the in game World Live Live Map

~Official web: http://huntercoin.org/

~Bitcointalk forum: https://bitcointalk.org/index.php?topic=435170.0

The concept is really  cool and unique. I have no  doubts that this coin will be popular. Even the mining aspect of this  coin is unique. It can be mined via SHA256 or scrypt, and has seperate  difficulties for each. This means that both ASICS and traditional GPU  mining rigs are on equal footing here. Very cool.

At the current price of .00007804 BTC, this gives it a current market  cap of about $ 3,508,944. Compared to others altcoins  like  Mooncoin which have over $ 21,770,489  market caps,  HunterCoin is very underpriced in comparison.  Unique concept + low market  cap is what I love in a potential investment.

Chart analysis


I have been trading and following the price of huntercoin when I was in the .00003200 these last months there was an increase in volume that made its price doubled even triple, I see a bullish break with volume in the price .00007000+ that marks an upward trend to long term. I see a good buy option near that price .00007100 There is a good probality of that price rebound in the marked green area (support zone). I will look at how the price behaves. With the fork in a few months





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Interesting concept. I wonder how much money I could of mined had this been a thing when I was growing up. Pac-man would of had a whole new purpose.

that's true, I currently mined more than 13000 coins in about 2 months not bad. It's the beginning.