Too many sell order, not enough actual buy.
Nah, normal market oscillation. This thing is not even on the radar of most people just yet...
Why should be on radar. Because of large gpu instamine
Every and I repeat EVERY coin that has said to be CPU only has eventually had GPU's able to mine them more efficiently. At least with Axiom there is not even much increase with GPU mining and CPUs can still compete especially because they are more energy efficient.
The CPU/GPU memory-hard issue has been looked at by the best minds in crypto for 2-3 years...
These guys are not gonna improve on the present best case.
The only question is not technical, but business...
(a) Whether these guys can shrewdly build a Large Cap Coin?
(b) Same question another way = Are these guys playing the Long Game?
P&D... Big Dev holding is bad
Long Game... Big Dev holding is good
I'm going to disagree on the first part, the foregone conclusion: As of now, even with the obvious bump in the road, no one, to my knowledge, has come even close to offer the regular CPU user the possibility of create some decent amount of coins out of thin air with his usual desk top or laptop. No one. I don't know how many of those "best minds" in crypto have looked at the "issue", the reality is what I just posted. And it is simply remarkable. If somehow they get to even the game in the new update, making actually more profitable to mine with the CPU than with the GPUs, that would be simply an amazing TECHNICAL achievement.
The answers to the other questions range from the obvious (no, they alone cannot build a Large Cap Coin -although you would have to define "Large Cap"... $ 1 million? $ 5 million?-, but the community, along with them, could very well be able to do it), to the purely speculative, therefore it is THE big question. But, for now at least, the fundamentals of what could be a very compelling project, seem to be on the table. Only time (and developments) would get the proper answers to the speculation.
