Never mind. I have my source, you have your feeling about it. Do what you wanna do...
It's not a "feeling" that's telling me this, it's a calculator
I don't want to detract from you guys that have been busy mining for weeks (days ?), but if you're going to spend good btc on a coin that comes out of the gate at 4 decimals, with 121,000 being added to the supply each day then there's got to be a reason why, otherwise it's going straight to zero after 2 hours on Crypsy.
Nobody even knows who this "one big german marketing agency" is that has 21 employees and 8 million euro in turnover (b.t.w. that is actually a very 'small' marketing company).
Looks like a pure pump & dump exercise to me. Doesn't mean it's not hanging on to it for 24 hours after opening, but I'd be interested to hear if anyone has anything to add to my analysis or if I've basically covered everything.
I've talked directly to the dev. I can tell you, this isn't pump and dump by them. Others may dump, but the developer is not. They are really in this for the long run. What else must people do to convince you otherwise?
Coino wants to replace LTC. It can happen.
Also there is no reason for them to pump and dump. They are a successful business. They stand to make a lot more in the long run by holding instead of purely dumping.
Even dedicatedpool is holding and we are the largest coino pool. From speaking to our members, they are CONVINCED to hold too. Some of them may dump, but there are a TON of people on board that believe in the future of this coin.
I can't tell you the last time I hear people believing in the coin...
seriously believing in it.If Cryptsy doesn't add a real coin like coino this weekend and ends up adding a pump and dump coin like Leaf, I don't know what to tell you. They are most likely more worried about short term volume rather than long per success. Cryptsy will miss the boat because all the other exchanges are chomping at the bit to list this.
Why do you think you don't see coino up for sale? BECAUSE people are holding - they believe in this coin.
http://dedicatedpool.comRyan, dedicatedpool.com support/admin
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