anyways...back to the thread at hand..this thread actually is supposed to be for CAPs right..
anyone expect to see it hit back up around 0.0002btc anytime soon or likely to stay here for a while?
and going back to the multiport question..is it going to be added to the cycle on Multipool anytime soon...is that why it was brought up earlier? I'm still not sold on that idea yet but maybe its a good thing at this stage.
Price will go up when the diff goes up, as people won't sell it below cost. When the next round of POS hits, it'll probably go up past 0.0002, and with more miner interest, maybe past 0.0003. Untl the next round of POS, multipool is probably not a good diea, let me explain: When multipool mines a coin, it drives the difficulty up, and causes orphans due to the sudden high hashrate creating blocks faster than they were meant to be. Once the difficulty goes up, it is no longer the mostprofitable coin to mine, as the price would not have had time to catch up, so the coin is stuck with an even higher difficulty, and it takes longer for it to go back down, reducing the profit of the coin causing even more miners to leave, and the value to go down. However, the effects of it are much less if there are more people mining this coin fulltime, and not on a multipool. Anyways, when the next big round of POS starts a month from now, this coin should have gained enough miners to reduce the impact of multipool. However, multipool does command something like 800MH/s, so maybe not; consider thgat the network right now at any given moment is doing 50-70.
