No, you have that backwards. Once the reward is halved, a lot of people will stop mining. The value of SIGT is expected to skyrocket once the reward is halved. I keep telling you guys, hold on to these SIGT coins, at least for a while longer.zentro wrote: ↑Aug 6th, 2017 10:40 amProblem I see with signatum is that reward will be halved soon, so a ton will probably sell it off. But most importantly is it becomes a PoS after 100k block. It's cool that it wasn't premined, but it doesn't exactly offer anything new either. Unless for some reason it picks up a ton of attention, but there is a good chance it will be a pump and dump just like many before it.
The biggest issue with most altcoins is that there is no science behind them, they change a few settings here and there and hope for the best. How many options we got now? Even ethereum (i think) is probably highly flawed as humans make huge mistakes in code, as previously seen with certain contracts.
Cryptocurrency is undergoing an evolution phase, where people are tossing everything at the wall and hoping something sticks, this could take decades.
What I think is needed is a more scientific approach, to actually do a ton of research before designing something that will simply work, at the same time solve the various issues and perhaps even do something useful. Right now it's mostly a semi-pyramid scheme with highly inflated market shares, the developers are extremely young and have little understanding of what they are creating in many cases.
I'm a bit surprised no major corporation has made something extremely popular & easily accessible yet. Like if Steam used cryptocurrency for funding crates/lootboxes & some hours of game time somehow contributed to that, because in many ways game idling for drops is like a very primitive version of mining.
You can of course profit in the wild west if you are on top of your game, also seems like SIGT is now above 7 cents, but it was also up to 13 cents at one point after launch.
My main goal is to recoup the cost of my two GTX 1070 cards. Anything on top of that is just gravy.