Zeitcoin, a proof of stake coin, with fast transfer times and promise of a high staking return of 25% in the fist year, 20% in the second year, and 5% each year after that makes it one of the highest return rates of all coins.
With a market cap just under $3 million dollars this coin has a lot of room to grow in value.
https://coinmarketcap.com/currencies/zeitcoin/
As altcoins grow in trading volume, coins like this one may gain traction in other exchanges helping add to the network effect.
I see there are not many takers here for this coin. I think it does have some upside potential. Not sure how true it is, but I've heard the payout is to be reduced to .0005% zeit within a few months. That should put a cap on the zeitcoins outstanding. That makes me think this coin could be "in play" soon. JMHO, of course.
Good analysis, and I hadn't heard the reduction coming in a few months. That's a game changer.
I think I have the next inflation rate correct, but I might have missed a zero, maybe. I actually just found out about this coin a couple weeks ago. A friend of mine told me about it and gave me about $25 worth. I guess it takes 20 days to stake then you start earning the present 5%.
Good information, sounds like you'll be staking soon :)
Well, since information on this coin is quite slim, I just read that the ULI (ultra low inflation) might never take effect because of a threatened fork. Guess we'll have to just wait and see.
Information really is slim, and wait and see is the best we can do. The value on this coin may have trouble rising, as the sell orders seem to grow each day as the supply does.
Just a quick update. Zeitcoin will be starting ULI August 11. If you own any Zeit, you'll need to download the latest wallet.