Topic: [ANN] [CHC] Chaincoin - Network Upgrade 16.1 - SegWit Activated - page 97. (Read 321715 times)

Advanced HODL Technology Experiement - Success in My View

It is easy to be demoralized when you see the price dropping.  I know that, I feel the same.  I was so excited and it is kind of a let down.  But is important to realize that the experiment has already succeeded in the most important way.  The hardest part of any coin is moving out of the noise, and CHC in the top 100, which is a remarkable achievement by any measure.

And the masternodes are still growing at a good pace, which means the network is that much stronger.

The big question in my mind is this: can HODLers control enough coins to stabilize the price?  This is the big question.  We don't know for sure because we don't know how many coins are in HODLer control.  

What I see is over the next few weeks the price continuing to fall, until we reach the point that the HODLers can accumulate that critical mass of coins.  From that point, there would be nothing stopping systematic price rise because the available coins would be constrained.

At this point, it is the long hard work ahead.  I'd like to see CHC on Shapeshift.io and supported by Jaxx Wallet, just for starters.  We need to focus on the utility of the coin and go the way of DASH.  

As I've written elsewhere, the key difference with CHC is the community.  The coin has good features, but that doesn't matter, so long as the community stays strong, the coin stays strong.  Like fiat, it is a matter of belief.

BTW in case you could not guess, I'm HODLing forever.  I have my five masternodes running now, and I've generated about 50 CHC thus far.

omg , some poor guy still has his bot trying to defend the faling price , looks like he will be getting a very heavy bag

lol , karma baby . instant karma

and the snowball has started rolling , last price 60000 , and bets as to how many days it will take to reach 3000 sats

he's pushing it as a community, this fraud gives no dev updates. fucken joke. He probably trades from his caravan park, hope he chokes on his ciggerettes & gets cancer

lol that may be , but he did bring chc to a new high , which might never be seen again for quite some time

you are so right ,due to lost of interest , paid high price , rewards only 2 per node , with the price going down  and lost of the leader , ppl are cutting losses and moving on

Jaerin said everything.

what a piece of shit that max guy is

Is anyone mining with ethos here?
If so, what is your config?

i think we will see the normal 3000 sats soon , lol was good while it lasted , now i can buy more mn with the chc profits

The coin was essentially a dead coin for 2 years.  The recent hype was community driven and continues to be so.

If you look at the github the development completely stopped on it and it went dormant.  Zedomax decided to pick a coin and create a community push to try and get the coin moving again.  There really isn't a huge amount of technology in this coin that isn't represented anywhere else in the cryptosphere so it looks to be mostly hype driven.  This is an admitted "experiment" by the HODLer community to see if they can get the coin the traction it needs to make some money longterm, but only time will tell if that happens.  There has been some signs that the devs will come back to develop on the coin if it continues to have support, but again time will tell.  There are many nay-sayers as well that seem to want to see the coin fail or at least are pointing out the fact that there is little incentive to using this coin over another.  Although this hasn't stopped other coins from being multi-million dollar coins either.  Just look at something like Dogecoin which only really exists because of some Reddit hype and it continues to trade significant volumes or even more so the crazy coin ICO's that aren't even real products yet that are garnering tens or hundreds of millions of dollars just for the promise of something in the future.

The question is whether the masternode idea of limiting the supply of the coin will be enough to attract and keep money in the coin.  All the cryptomarkets will rise as the seas of people continue to flood into the cryptosphere and maybe keeping the coin slightly higher than the dredges at the bottom might be enough to keep it afloat over time and see it rise.  Then again it very well could be another pump and maybe not malicious dump, but at least dump due to lost interest.

Chaincoin 0.9.2.5 - Maintenance release

This is a minor update to increase available seed nodes for new wallet users.

Binaries available from Github:

https://github.com/chaincoin/chaincoin/releases/tag/v0.9.2.5

The next update for Chaincoin is planned for end August. More details will be available in due course.

Enlighten me please   

The reason is pretty obvious.

lol. He said 'correction' what in the hell is it getting corrected to? The term is 'pull back' So after a pump (which this was a natural raise in price since people bought coins to put into master nodes) the price does have a pull back. Which is also natural since this is called trading.

Before the raise in price there was only about 12 master node running and now there are 1882 master node running.

CHC LOCKED IN MASTERNODES
1,882,000 (12.50%)

mine is not profitable

Is this FUD I'm seeing here, LOL.

CHC is currenly the strongest link and the bear market the last two weeks proved it.

Of course, what did you expect ? HighOnCoins team has secretly left the game with a nice profit, now noobs start to cry
Youtube hype never gives good and long-run value.

Looks like price will go more lower.After every pump must come dump and correction.