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Re: TRUISM post# 11955

Friday, 10/20/2023 12:15:20 PM

Friday, October 20, 2023 12:15:20 PM

Post# of 12446
PLUS1COIN - Unknown what the value PLUS1 coins will be after Nov.1, 2023.

As of now, it is just a coin that is out there serving no purpose other than limited trading and low difficulty in mining it for a 50-coin bounty.


You could get the same 50-coin bounty for solving Bitcoin blocks with a desktop PC in 2009. But, I don't see Plus1 becoming the next Bitcoin.


iHub could do a rug pull and turn it back on after all the major holders have dumped their coins thinking they have no value. Plus1 coins have been off iHub for almost a year now with no hints of coming back.


12,375,909 Plus1 coins mined with ~8,624,091 left to go, and I don't know if there will be halvings reducing the bounty going forward.


Plus1 is a coin that's out there for the moment with little purpose or utility.


I still believe that iHub should use DigiByte coins, and compared to all other coins I believe it will become the coin for everyday use because so many other coins use that blockchain for core parts of their own coins.
https://www.digibyte.org

" faber est suae quisque fortunae " The above is for informational purposes only, responsibility for all trading decisions lies solely with the reader.

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