Guess that depends on perspective... for the general masses it needs to have some value before they will bother spending any time on it. Theres plenty of coins that are worth more so why not focus your time on them?
Because I don't own as high a percentage of them.
I also would dispute that many of them are "worth more". Skeincoin has a good name, an interesting algorithm, a great dev, a good time between blocks, a good total number of coins, a great logo...
There's a (small, but non-negligible) chance that skein (*) will one day be one of a small handful of POW algorithms popular enough for people to make ASICs, and if that happens there's a very good chance that Skeincoin will be the king of that algorithm. What other coins can say that? Some, but not that many, and as far I know none that can be bought up as cheaply as SKC. My initial "no" about merge-mining was because I was under the impression that merge-mining with MYR would mean Skeincoin would always have to play second fiddle to MYR, but after further research I realize not only is that not true, but it potentially can be used as an advantage.
The only real problem is that there's currently only one exchange. That's something that hopefully can be fixed, in time.
(*) Skein-sha, unfortunately. I'm not sure why the choice was made to add sha to the mix (maybe for a good reason), but that is perhaps a second problem, in that it presumably makes ASICs somewhat harder to make, and FPGAs less cost-effective, due to the need to implement two algorithms instead of one.
I agree with 90% of that, don't get me wrong I love Skeincoin I think its great with many pro's as you suggest.
We obviously sit on either side of the fence so lets attack this problem together instead of politely arguing our different views.... What can we do to get this coin really going? I'm looking for ideas and opinions people
Geofaucets preview.