One downside, that I can see is you cannot withdrawal a bunch at once. I can see how that would stop a run on the bank, but there is no bank...there is no spoon...
RE: Cloud Mining Crypto's
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Cloud Mining Crypto's
this is a 1 min chart, but look at that gap! i stopped mining steem for now. wouldn't it make sense to mine when price is up?
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mine when price is low, to my knowledge, I'm not saying that it's so but i believe, if the price is low, there'll be less miners interested , meaning, that difficulty will decrease yes? take my mistake for example, i had 1000 chc last week, i sold it all due to it's low value, i didnt see it going anywhere even though my peers advized me not to let go. it was worth 0.05 last week now chc is worth 6.47. I hate myself
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holy shit! what is chc? but yes, your reasoning makes sense
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