Proof of Stake (POS) Coins Experiment month 2steemCreated with Sketch.

in cryptocurrency •  7 years ago 

Ok guys, here's the news. Lots of things have happened in the coinspace, altcoins went to hell, and offered some good buy in points. Not relevant to this, but I got into IOTA, OMG and PAY. All super interesting and now tides are turning again.

Anyway, update on the staking. I love Inflationcoin. It just does what it says it does. It stakes. I've doubled my original investment. But prices are down, so I may sit on a negative position right now. No problem at all, I am positive for IFLT.

One major disruption that happened was Yobit opening trade to the lower tier currencies, particularly Doge, that drove curses down, but the same time encouraged much more trade. Good thing!

I'm still heavily in IFLT and stocked up on EMB. There are some changes in stakes coming as we speak, so we need to wait for the next weeks to see how things will develop.

IFLT and EMB throw out about ~ 2...4% day still.

Happy staking :)

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There is some new wallet out for Embercoin, v 1.1.5, that should fix the sync issues we ha recently. Crossing fingers.

  ·  7 years ago (edited)

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IFLT broke the 650000 blocks today, 2...3 more days to go before the coin settles down into more stability.

Was a nice ride so far, now let's get to work on usability! I could imagine serious potential for microfinancing. Given a working mobile wallet that will evolve.