[ANN] AIRcoin - page 33. | Bitcointalksearch.org

anonymousxx1503

hero member

Activity: 532

Merit: 500

Quote from: alexminer on March 23, 2014, 11:56:11 PM

Team AIRcoin should have started their trading algorithm ONLY AFTER all early miners/nonbelievers and simply those who invested into their rigs dumped what they were going to dump or even better keep selling their AIR pool to invite dumping and getting BTC while at it. Another thing that seemed unreal is scalping. If everyone knows that coin moves up at ~5% pace then they would have just scalped to the point that there would be nothing left to developers (in this case Market Makers). I think it does
make sense to start supporting coin now. In fact I feel developers have made this announcement to speed up dumping, otherwise what does it mean that they are still supporting coin? As it stands now it makes sense to mine other coin (any alternative ), sell it for BTC and buy AIRs for cheap if one believes in these guys.
I have to admit that I mine with my gaming rig (AMD R9 290) and never really cared about returning money that I paid for it through mining. In my mind to find best team behind a coin and
INVEST in it is more important then to buy 10 video cards and then try to make money back on those and then some, for that I have a day job. I have around 200 AIR and plan on adding more AIRcoins in future. But thats me, looks like I am in minority.

Of course you're the minority, you're a brand new account created by the devs. There's no fucking reason to buy this coin anymore or to trust the devs on ANY promise.

andyatcrux

legendary

Activity: 938

Merit: 1000

You and me both.

alexminer

newbie

Activity: 42

Merit: 0

Team AIRcoin should have started their trading algorithm ONLY AFTER all early miners/nonbelievers and simply those who invested into their rigs dumped what they were going to dump or even better keep selling their AIR pool to invite dumping and getting BTC while at it. Another thing that seemed unreal is scalping. If everyone knows that coin moves up at ~5% pace then they would have just scalped to the point that there would be nothing left to developers (in this case Market Makers). I think it does
make sense to start supporting coin now. In fact I feel developers have made this announcement to speed up dumping, otherwise what does it mean that they are still supporting coin? As it stands now it makes sense to mine other coin (any alternative ), sell it for BTC and buy AIRs for cheap if one believes in these guys.
I have to admit that I mine with my gaming rig (AMD R9 290) and never really cared about returning money that I paid for it through mining. In my mind to find best team behind a coin and
INVEST in it is more important then to buy 10 video cards and then try to make money back on those and then some, for that I have a day job. I have around 200 AIR and plan on adding more AIRcoins in future. But thats me, looks like I am in minority.

flinchy

member

Activity: 98

Merit: 10

Quote from: andyatcrux on March 23, 2014, 11:31:38 PM

Seems like they are putting too much concern into the fact that people were not taking a liking to the proposed ideas. Because they are now indefinitely scrapping them and it will be the very people who did not want X11 and an Altcoin Alliance that will be dumping first. Just sad. They should forge ahead. That way they least have a chance to hold some buy support from those who were open to the proposals. This just seems like a lose-lose situation. People were starting to panic but they just set of a full blown avalanche. Oh well. I will be holding for a while I guess. See what happens.

everything they set out to do failed... literally not one goal met, their trading algo failed, their target price was missed

i'll be lucky to get back electricity on this, because i trusted the devs and their fancy words lol.

it's funny, i thought the low hash rate would be a good thing, and an indication this coin wouldn't be totally dumped

how wrong can you get?

this coin woudl suck LESS if it had 10GH on launch -_-

andyatcrux

legendary

Activity: 938

Merit: 1000

Seems like they are putting too much concern into the fact that people were not taking a liking to the proposed ideas. Because they are now indefinitely scrapping them and it will be the very people who did not want X11 and an Altcoin Alliance that will be dumping first. Just sad. They should forge ahead. That way they least have a chance to hold some buy support from those who were open to the proposals. This just seems like a lose-lose situation. People were starting to panic but they just set of a full blown avalanche. Oh well. I will be holding for a while I guess. See what happens.

flinchy

member

Activity: 98

Merit: 10

Real_GM

member

Activity: 70

Merit: 10

Awww. That is some painful fall...

Too bad the experiment didn't work out the way it was anticipated.

If the marketing was better at the beginning it may have helped...

Kind of feel bad for the people who bought in early...

Well, at least the Aircoin team came clean on what didn't worked.... lesson learned for all future coin developers.

I truly hope that there is a plan B, but that was a rather discouraging post from the Devs.

Hope you are able to regroup and think of a new plan Aircoin team, it's never too late to do some CPR on aircoin. =)

PS. #1 priority maybe to introduce new wallet to differentiate aircoin from other scrypt clones. then #2 a new investment plan and how to balance between miners dump and the value of the coin #3 better marketing

Turpomann

full member

Activity: 154

Merit: 100

Quote from: AIRcoin on March 23, 2014, 09:52:58 PM

EDIT:

To make sure our point is clear: this coin is not dead. We are still actively working full time on it, and it has only been in the market for one week. We are changing our objectives and methods, but that does not mean, in any way, that we are abandoning the coin. For a brief period, it will not be supported by our system, but that does not mean we are not going to implement a new system or that we have abandoned the investment system in any way.

You better be working on it. I can't afford to leave anymore. Instead, I have to buy more very cheap coins out of the desperation. It can't get any worse than this. Only way is up now.

Sprite160

sr. member

Activity: 281

Merit: 250

Anybody have a suggestion for a pool they want me to setup? NOT shutting down air.carbonshark.com , just thinking of maybe setting up a new pool for a different coin. Taking suggestions..

tx42

hero member

Activity: 742

Merit: 500

Quote from: slyA on March 23, 2014, 10:50:47 PM

Quote from: stephendt on March 23, 2014, 10:47:28 PM

So uh, what just happened? Shocked

The devs just dropped fatman and little boy into the Hiroshima that is AIR coin. What you are seeing on coinmarketcap is the first ring of the mushroom cloud.

hughjays77

hero member

Activity: 728

Merit: 504

dragon17au

newbie

Activity: 5

Merit: 0

I'd still give credits to the devs for being upfront and honest about their failure.
Any suggestion on what to mine next? I have no luck with roto due to its insane difficulty level and i was a few hours late to jump in.

Turpomann

full member

Activity: 154

Merit: 100

Big mistake Alexander. Nice damage control. Angry

Showing up with arrogant post like that. Completely ignoring root causes of the failure.

slyA

full member

Activity: 126

Merit: 100

Quote from: stephendt on March 23, 2014, 10:47:28 PM

So uh, what just happened? Shocked

The devs just dropped fatman and little boy into the Hiroshima that is AIR coin. What you are seeing on coinmarketcap is the first ring of the mushroom cloud.

tx42

hero member

Activity: 742

Merit: 500

Quote from: anonymousxx1503 on March 23, 2014, 10:35:38 PM

The irony is painful. There is most likely no other coin out there right now since AIR launched, that was a worse investment/speculation than AIR - The investment coin.

That's irony, pretty much at its finest, or worst, depending on how you look at it.

tx42

hero member

Activity: 742

Merit: 500

The devs should destroy the premine.

stephendt

newbie

Activity: 16

Merit: 0

So uh, what just happened? Shocked

Sprite160

sr. member

Activity: 281

Merit: 250

Marketcap now number 56....and falling... Nice job dev team.. Your last announcement drove the price to the ground and under. Nice..

anonymousxx1503

hero member

Activity: 532

Merit: 500

AIRcoin on top of the charts! (of coins that have lost the most value)

slyA

full member

Activity: 126

Merit: 100

Lol it's like the titanic capsizing only this titanic was a canoe with polished wood.

Air coin just hindenberged. It was a fun suspensful ride. I have nothing left to add as I have been vindicated. Scollito I think the dick sucking is quite enough now. Some poor sap lost 100% of his coin value. I managed to eject with a 25 percent loss.

Topic: [ANN] AIRcoin - page 33. (Read 137265 times)