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    Author Topic: [ANN] CureCoin 2.0 is live - Mandatory Update is available now - DEC 2018  (Read 696309 times)
    merc84
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    March 04, 2016, 12:18:31 PM
     #3141

    Otherwise the only real buy pressure comes from speculators or those inclined to purchase on a philanthropic basis to encourage more contribution to Folding@Home.


    Looking at the historical price of this coin, it's relatively stable.  There is no new and significant functionality or utility to look forward to in the future so buying on speculation of a price rise doesn't make sense.  "Miners" (folders?) must be constantly dumping to pay the bills so the price should be on a steady decline, but it isn't.  Is philanthropy really the explanation for this?

    I think you kind of answer your own question here, if folders were constantly dumping then price would be in steady decline. However it seems most folders are involved philanthropically and simply hold their coins. However I would consider some of the features slated for the cc2.0 as significant in terms of functionality, if you consider what is the function of curecoin? Its function at least in part is to replace wasteful POW mining with DCN research in the most decentralized manner possible, in terms of this there certainly are significant features coming.
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