Topic: [ANN] [COINO] KGW ACTIVATED - WALLET UPDATE ▬► COINO -(O)- ◄▬ The fastest Coin - page 96. (Read 233807 times)

Thanks, you are very responsive and professional dev 

Oh sorry, we have limited it to 2 pics per person.
I just sent you some coinos more.

pictures giveaway has ended or my pictures are too bad  ?
posted 3 times but only 1 received

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Not that I know of but why would anyone want to ? Markets will decide the future of crytocurrencies.

If you think about it though, we can more or less see how it's going to develop by looking at the past and the history of money / fiat currencies.

What I see evolving is a model where certain crypto's (namely bitcoin and maybe 1 or maximum 2 others) act as "reserve currencies". The dollar played this role while it was linked to the value of gold as part of the Bretton Woods system. http://en.wikipedia.org/wiki/Bretton_Woods_system

In the bretton woods system, there were a finite amount of dollars because their printing was limited by the gold reserves (prior to 1970/71). Meanwhile,there was an infinite amount of foreign currency produced by other nations which would all bob up and down in value against the dollar which basically served as a proxy for gold.

In the cryptocurrency economy, currencies will no doubt similarly split off into 2 types - reserve and "other". Bitcoin being the "reserve" (I actually see Peercoin as a strong candidate for a reserve but not really Litecoin). As with the Bretton-Woods Dollar, there is a finite amount of bitcoin but a potentially "infinite" amount of alts. Alts will provide the liquidity to the economy and Bitcoin will provide the reserve value against which the value of all alts are measured. You can see this happening already on the exchanges. The non-fiat markets are all priced against BTC with some also using LTC or XPM as a reserve. That shows you straight away the status that XPM has - it's considered a 'reserve' currency rather than a floating one by some exchanges.

That doesn't mean that some alts won't have a high trading value from time to time and will be worth investing in. As I see it, Bitcoin probably won't even be the most popular medium of exchange for day to day purchasing. But the reserve "cryptos" will have a 'save haven' status that non of the others have - using current language, there will be the crypto reserves and there will be the 'pump and dumps'. You'll just have to know when to pump and when to dump !

P.S. Here's the magic moment when Nixon took the dollar off the gold standard because they needed a "few more" of them to be able to pay for the pesky Vietnam war. This moment is probably the single most pivotal event that took the world economy to where it is today...the brink of outright collapse and currency debasement. Read between the lines the "we're about to scam you but it'll be alright" sales talk...

http://www.youtube.com/watch?v=iRzr1QU6K1o

Before I finish, here's the end result. Check out this graph of dollar money supply (in particular the near 90 angle at 2009) during the last 3 years of QE and decide for yourself where this is all going to end...

http://research.stlouisfed.org/fred2/series/BASE/

Just to qualify my earlier reply. I think you *can* get somewhere with marketing if you're name's Max Keiser and you launch your coin on a TV show that has a 20 million worldwide audience.

On the other hand, if you're a 20-person unknown marketing company that can't even de-cloak then the odds of success are slightly different unless the coin's got some special characteristic.

what is marketcap for this coin??

To be honest, the initial marketing I have seen @ coino was bloody bad. I am really wondering wether there is a true marketing company behind coino?
There are so many possibilities to improve marketing performance. Especially in such a "nerd"-branch a company/foundation/whatever should much more focus on the spread of word of mouth... To me it does not seem as if there has been established some market research. By the way, conflict management could also be better. Haven't heard from coino.info SCAM guys. Things like these, although they are not directly related to the creators of coino.info, also damage the image of the entire project.

Nevertheless i wont be selling my coinos in near future. Still hoping for development.

I don't think it can actually.

Quark was an exceptional case because it got promoted by Bill Still who is a massive figure in the financial blogisphere. It also got a mention by Max Keiser. There are other reasons why Quark survives - one of them being that it got established a few months ago before there was a tsunami of other alt coins. Another being that it has a unique algorithm - "Quark" algorithm with high security hashing. That said, it may or may not survive.

Another thing that people get wrong about cryptocoins I think is that they need to be able to handle "point of sale" transactions well and fast. My opinion on that is that if any cryptocurrency ever gets near a grocer's or supermarket in any substantial way, they are not going to be doing blockchain transactions. Payment processors will handle the trade in the same way as cryptocurrency exchanges do right now. i.e. when you do a trade on an exchange, it happens instantly - nothing to do with that coin's blockchain speed - because the exchange is acting as a "payment processor" and managing the trade between 2 accounts. So it's just numbers that are involved, not blockchains. Only later are the account balances migrated to the blockchain to be "set in stone". Thats the way supermarkets work today and it's the way they'll work in a cryptocurrency economy as well. Payment processors support other functions essential to point of sale operations, such as reversing payments (when the next customer's cornflakes accidentally get rung through your till), voiding, handling discounts and store cards - all sorts of stuff that blockchains were never designed for and never will be.

As the flood of "alts" becomes a torrent, it will be increasingly difficult for a coin to be successful just on "marketing". Doge simply has absolutely massive liquidity - it will never be worth anything because its primary job (as I see it ) is to provide liquidity, not value preservation. What do people do when they make money on alts ?...convert it straight away to bitcoin. (Or if you're me, Peercoin, Primecoin or LItecoin) because those are the cryptoeconomy "banks" that can be relied upon as a store of value. Other coins will have different roles and if one of them is liquidity then it can't also be store of value any more than the US Dollar can.

All this stuff is complex, multi-dimensional and has to be thought about when considering what you're investing in, why and for how long.

Where can you see these stats? I checked http://coinmarketcap.com but Coino doesn't seem to be listed yet.

That used to be the case but it's not any more. Cryptsy is becoming a deathbed for coins.

What happens is the price balloons just "before" it gets listed, due to low liquidity on the minority exchanges, then when it arrives it tanks.

The reason for that is that mining is now a pump and dump operation due to the sheer number of alt coins around and the exchange provides miners with demand liquidity that was not available before it went on a mainstream exchange. The urgency is to dump as soon as it's on the exchange because the price is only going to go down - not up.

Look at for example, Moon. It traded as high as 0.0000033 BTC the day before it went on cryptsy. Then once on the exchange it dropped immediately to 0.0000010 and never saw more than 15 at it's peak after that.

The only "alt" coins that are worth holding long term are ones that have been specifically designed to fulfill a certain monetary role in a crypto-economy and that have gained a foothold as such. For example Peercoin was designed to support large transactions, not point of sales ones and had appropriate thought put into it's transaction fee structure, inflation profile, ratio of proof of work / proof of stake etc etc. Similarly Prime Coin (XPM) was an evolution of peercoin and was designed to support peercoin in it's role. NxT is a network which has genuinely evolved features such as decentralised exchanges, layer 2 services and 100% proof of stake etc. Bitcoin is bitcoin - a massively powerful computing network that no-one else can match, so it's future is secured.

Those coins may or may not be successful in the long term, but all I'm saying is the dynamics of cryptocurrencies are changing all the time and "getting on an exchange" is no longer the path to a "pump", it's now the path to a "dump" do to the number of miners who's sole purpose is to use mining as a value leverage exercise.

pretty bad moment if you ask me. Coinmarketcap only showing last 750 Coinos with a price of 5000 satoshis... after that price falls to only 1200 and lower.... with all buy support gone, things aint looking bright . Last few days there is simply no demand at all for coino

I've just used all my btc to buy coinos

If you think like this, not a single coin has potential... if all the coins mined would be brought to the exchange, every coin would drop dramatically. Theres only two important things to look at: what is the current market cap and what is the quality of the coin compared to coins with a higher market cap?

If vertcoin gets a market cap of 10 million with no really remarkable features at all, than coino with a professional marketing agency backing it, should have more potential in the long run...

If CoinO gets listed on Cryptsy, we'll be golden. If not, its gonna be a hard time, Cryptsy is the real first barrier for altcoins to take in their attempt to survive, if you ask me...

There is allways much more people trying to buy than trying to sell coinos, however people is still selling at lower prices.

I have sell a few coinos some days ago at 0,00020 and 0,00021 btc and I can't understand why people is selling them at 0,00006 or even less 

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