Huntercoin MMOCG the future - Chart Analysis
Huntercoin is a(n) truly innovative alt-coin which features a dual SHA-256 and scrypt traditional mining system along with a truly unique gaming graphical interface through which people can control in-game characters to collect coins.Is a fork of Namecoin that uses namecoin’s protocol not to resolve domain names, but to host a decentralized game that is played on top of the blockchain. Instead of mining, people can earn coins by playing the game.
According to the developers, Huntercoin is an experiment in decentralized (server-less) peer to peer gaming. It’s called ‘Huntercoin’ because of the way that gamers are actually hunting for coins within the games graphical interface that is connected to the wallet. The term ‘human minable’ is used frequently by the developers and is actually an accurate statement.
This is a very ambitious project called MMOCG (massively multiplayer online crypto-currency game) seeks to create an entirely new category of online multiplayer gaming which would eliminate the need for central servers and make it practically impossible to cheat.
Features:
-Human Mining Control Hunters to harvest coins in another dimension using strategy, time & teamwork.
-1 Minute Block Times.
-Dual Algorithm –SHA256 + Scrypt. Each algo has separate difficulty, both targeting 2 minute blocks. Both are Merge Mineable
-Crown of Fortune – 1 Unique Item on the map which will generate 0.25 HUCs per block
-When a Hunter harvests coins and brings them back to a spawn area, the coins will materialize in their wallet,
iners will receive 10% of these ‘banked’ coins (TAX)
-When a Hunter is killed, 4% of the coins they held will be taken by miners. The rest will be dropped to the ground.
-Hardware Miners should receive in total (over time) ~20% of the Block Reward (2 Coins) + Player Death Taxes.
-42 Million Total Coins
-Can be considered a basic decentralized P2P Massively Multiplayer Online Crypto Currency and Game, which takes place within the block chain.
-Includes all relevant features of other crypto currencies.
-Integrated Client Chat – Player can chat per block.
-Serverless
-Starting cost per Player is 100 HUC
-View the in game World Live Live Map
~Official web: http://huntercoin.org/
~Bitcointalk forum: https://bitcointalk.org/index.php?topic=435170.0
The concept is really cool and unique. I have no doubts that this coin will be popular. Even the mining aspect of this coin is unique. It can be mined via SHA256 or scrypt, and has seperate difficulties for each. This means that both ASICS and traditional GPU mining rigs are on equal footing here. Very cool.
At the current price of .00007804 BTC, this gives it a current market cap of about $ 3,508,944. Compared to others altcoins like Mooncoin which have over $ 21,770,489 market caps, HunterCoin is very underpriced in comparison. Unique concept + low market cap is what I love in a potential investment.
Chart analysis
I have been trading and following the price of huntercoin when I was in the
.00003200
these last months there was an increase in volume that made its price doubled even triple, I see a bullish break with volume in the price
.00007000+
that marks an upward trend to long term. I see a good buy option near that price
.00007100
There is a good probality of that price rebound in the marked green area (support zone). I will look at how the price behaves. With the fork in a few months
Interesting concept. I wonder how much money I could of mined had this been a thing when I was growing up. Pac-man would of had a whole new purpose.
that's true, I currently mined more than 13000 coins in about 2 months not bad. It's the beginning.