haha, such a dump! Never expected such a great name will get dumped this bad.
I've watched this coin for 18 months and even when it dipped to an all-time low of 50 sat I never saw such massive blocks being dumped at 200 sats. Why would anyone unload 400,000 CASH block at such a low price?
Maybe the pump and dump scheme is over and it's time to move on to a new coin. This was a good one if you were in on the original pump.
I still say kill the inflation already - cut the max cap supply to 21 million and leverage the namebrand to build something.
I would like to support this coin.
Everyone needs to stop panicking about the exchange values, you should only be concerned about exchange values if you are looking to trade and make profit.
Long-term, an equivalent exchange to FTSE or NASDAQ will require dozens of coins - our issue/concern should be establishing a team that is capable of looking after coins when the devs disappear.
I would like to start this off.
The great thing about altcoins right now is that coins have been mined, dumped and exchanged for BTC, however the potential growth in profit from each altcoin stands at over 10,000% (the Bitcoin price increased by that in the first 5 years) so you shouldnt worry. Our only concern right now is ensuring these continue;
-- it does not matter whether coins are on cryptsy or another exchange,
what matters is there are communities and a fallback team to ensure these are always continued and developed --
Like Vlad says, we should establish a "team/foundation" with a professional forward roadmap to;
-- either leave the POS as is and go with an inflationary currency (would be fine) as many more CASH would be required for public adoption
-- look to enable minimum POS for security and block movement and reduce inflation
-- reduce the coincount to 21 million in line with Bitcoin, IXcoin as this may be a deciding factor in featuring on a future NASDAQ type regulated exchange (max coins 21 million?)
Our aim with CASH would need to be encouraging the public to use (become very high street / user friendly) and be professional enough so that FinTECH and financial organisations will invest and use.
I am happy to "lead a foundation" and create a website etc for Crypto CASH, it also needs rebranded fully. We have to cross the divide between crypto community and public-friendly / public-ready.
With many "developers" and "scam artists" now gone, we are left with around 200 coins which if we collectively develop and strategise we can really make great leaps forward.
