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RE: EARN 7200% STAKING EMBERCOIN
I tested the coin and you need to invest atleast 2 Bitcoin, for getting the high return, else you have the risk of getting no return... this EmberCoin, is not for children... plus it has an unrealistic exponentially growing number of coins...
It was fun testing it, but to recommend others to invest buy it, then there is a long way, because you need to be a crypto expert to even understand this coin, plus you need to drag a lot of other people to the coin to make a profit... my favorites are now Steem and Bitconnect.... Ember is like a casino... but I guess the whales of Ember will make a lot of money and a small of small fish will be eaten and loose their money or hardly break even!!!
Exactly. Well said. I looked at it myself...no way in hell im getting into that POS. I'm with you on BCC, but even that, it's hard to see this lasting for over another 6-12 months. I still really like Monero, but who knows.
What I missed to write in that comment, was that the "difficulty" goes up every day in embercoin, so it is about 2 bitcoins now and 2,2 bitcoins tomorrow and so on, for having a change to stake everyday... it is a very crazy coin and I am surprised that the value has been pretty stable on 6-8 sat for some weeks... theoretically the value should be going down 20% every day, for the coin to have the same value... so the the whales of that coin have made fortunes in the last week... but none or almost non have sold... and if they begin to sell then the price will soon go under 1 sat...
crazy coin.... but looks like @travonjbt have luck pumping the shit again :) lol
Monero have a real use case, anonymous money... but really Steem have the same utility, you can just make an anonymous account, then its free transactions and 3 seconds transaction times... so really I don't understand why Monero went up 100x in 6 months or so... but many things in crypto are irrational... Steem + Bitconnect.. is the power combination right now in my view.
That like R120 000.00 investment no way its way to risky.
@rogerblu
What do you mean by "R120 000.00 investment"?