I hate to see it go on an exchange so soon, because it will attract mining profiteers and squeeze out low hashrate players as the big guys can hedge between the top n profitable coins, whereas the little guys have no such option. I would suggest it more fair to keep it low profile for at least a little while where it can be accumulated by people who actually believe in the coin, rather than dumpsters.
If you feel it imperative to get on an exchange within -- what's it been? 10 days? -- just to put a valuation on it (or dump it), it indicates you don't have faith in the inherent value of the coin. I'm nearly certain this is not the case, as everyone involved seems sincere, but still, what is the argument for getting it on an exchange now instead of one month from now? The dev's energy should be focused on finalizing the algo and learning how to produce a Windows wallet in-house before they even consider an exchange.
If a new coin with tiny circulation hits an exchange, the buy/sell columns are going to be barren resulting in anemic volume. People are not going to think "Oooooh! Rare! Gimme!" they're going to think "deathspiral crapcoin." This isn't a coin like 42 where its whole schtick is simply being rare; people aren't going to come here an be mathed at, they're going to move on to something else.u
Remember, when the Teeming Masses aren't bleating on about rarity, inflation, scamcoins, economics, and the frustration that Alts aren't take seriously, they're trading DOGE.
Take this criticism as "Tough Love."
Replying from mobile, excuse any spelling errors.
I fully agree with this. I personally would like to see us get the alert system working (I've been making some progress), get the configs for P2Pool actually right (0btc and I are working on this), cross compilation for different operating systems working, and most of all, we need to stabilize the network. Too often people are getting on wrong forks, and not updating. This should be the top priority, in my opinion. We need to isolate the cause and origin of the forks, and fix it. I've got a list of suspect nodes on my laptop that I'll update this port with later.
Oh man... you guys are going to hate me...
I had sent an email to https://poloniex.com/ and they informed me (literately 10 min before this was posted by Molitor) that CGA was the next coin on there list to put on there exchange... I could email them and ask for a delay if that is what the majority wants.Yes, please do delay it indefinitely until the community decides it is ready. It will be damaging for it to be on an exchange so early.
I sent an email asking for the delay.
