Is PACcoin PAC Mining Legal In The Us
They lied or swapping is just an excuse to take our coins,,they wont make us millionaire they said pac wont.
What’s PacCoin and how does it work? PacCoin (PAC), or the People’s Alternative Choice Coin, is a relatively obscure coin that’s been sitting since 2015, and swiftly inflating on the back of generous mining rewards. Today, it’s known as one of the cheapest crypto coins out there, with an enormous total supply of roughly 3.5 trillion to date, a planned cap of 100 trillion; and a devoted community that hopes to see their holdings come to fruition and make them rich, believing in its future as the microtransaction-friendly “internet penny.” Two upcoming changes might help them on the way. How To Make A Bitcoin Cash BCH Mining Machine here.
• 1 February 2018 – Whitepaper: The PacCoin whitepaper is due out for release. This will outline the roadmap for what has, to date, been an extraordinarily cheap and unusable coin. • 1 March 2018 – Coin Swap: PacCoin will redefine itself to try to break free from the incredible inflation that’s sunk its value. It will essentially divide by 1,000, and every 1,000 old PAC will be replaced by a single new coin. So on 1 March, someone who owns 10,000 PAC will get 10 of the new coin. This information should not be interpreted as an endorsement of cryptocurrencies or a recommendation to invest.
Historic performance is no guarantee of future returns. As an investment class, cryptocurrencies are speculative investments and investing in cryptocurrencies involves significant risks – they are highly volatile, vulnerable to hacking and capital loss and sensitive to secondary activity. Before investing you should obtain advice and decide whether the potential return outweighs the risks. Where to buy PAC. Compare Currently, PAC is only available on the YoBit exchange. Should I buy PAC?
Will its value increase? If the PAC whitepaper fills you with confidence in the coin’s future, it might be worth buying. Or you might even get in sooner while it’s still relatively worthless, being mindful of the upcoming coin swap. However, there are some things to watch out for in the coming months: • A marketing-only whitepaper: Anyone can make big claims in a whitepaper. You should consider whether the PAC development team actually has the capacity to follow through on any promises made.
The coin has seen little development since 2015, other than blog posts, and there are no guarantees that the coin developers can suddenly shift gears. • A failed coin swap: Many in the PAC community are looking forward to the coin swap, and believe that it will multiply the value of each coin by 1,000 and give it some leverage. Unfortunately, price doesn’t automatically reflect the rarity. The relationship between coin supply and coin value is more of a guideline than a physical law of the universe. Barring serious developments in the coming months, it’s more likely that PAC will simply continue being almost worthless, except in smaller numbers. • A planned pump and dump: There’s always the possibility that the PAC developers are done and simply want to drum up some hype before dumping their coin stashes and abandoning the project. However, nothing is guaranteed.
If you have confidence in the community and the developers, and have nothing against gambling, buying PacCoin before the changes might turn into a bargain. Disclaimer - We endeavour to ensure that the information on this site is current and accurate but you should confirm any information with the product or service provider and read the information they can provide. If you are unsure you should get independent advice before you apply for any product or commit to any plan. Finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, we may receive compensation from our partners for featured placement of their products or services.
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