Topic: [ANN][CRAIG] CraigsCoin | CLASSIFIED ADS ON BLOCKCHAIN 5+ POD BITTREX, CRYPTSY - page 42. (Read 257907 times)

Problem is, there's no buy support, no new money coming into the coin, beyond occasional, tiny fractions of a bitcoin. This was the real problem before the latest dump and probably the reason it happened.

It's a very skeptical market right now. Buyers are reluctant, so for a coin to succeed, it needs to be heavily and regularly developed/enhanced and regularly promoted like jl777 has done for bitcointalkdark.

I've never gotten the sense that Pavel is a scammer, but it's an open question whether he's up to the task of doing what it takes these days to keep this brutal market from dumping on a coin.

Much as I hate to admit it, rustynailer has a point. Either Pavel comes out with a compelling update -- that's compelling about future development and marketing (what's the latest on the PR initiative?) -- or he commits some serious buy support to convince the market that the coin has a future he is committed to or (ideally) he does both. If he needs time to prepare a compelling "media blitz", then provide some buy support in the meantime to convince the market you're invested. In this market, when there's doubt, silence kills.

Short of an "intervention", this battered altcoin market will do to this coin what it seems to be doing to a lot of coins - dumping first, asking questions later. A lot of people have been screwed across a lot of coins - a lot of people are on a short fuse.

In the [ANN], Pavel wrote:
"If this ICO will reach a certain goal I will leave my full time job and dedicate 100% of my time to this project."
I assume the sold-out ICO met his target. Market needs to be convinced that Pavel intends to hold up his end of the deal.

In any case, Pavel, you should get someone to help with development/marketing.

I agree with your points but the current price is just not right. It is absolutely the most undervalued coin out there. IMO there's no excuse to go below 500 sat or even 1000 sat. People dumping at 39 sat is just something that doesn't make sense at all. For any other coin with a similar supply, no work done at all, mere speculations and promises, no innovation etc. I could agree with the dumps and the price being so low. But for Craig it just doesn't make sense. This coin should have never dumped below 500 sat! The longer we stay at these levels the harder it will be to convince people to buy Craig and move the price up. Pavel has a long way to go here and I am going to hold this for another few weeks.

Problem is, there's no buy support, no new money coming into the coin, beyond occasional, tiny fractions of a bitcoin. This was the real problem before the latest dump and probably the reason it happened.

It's a very skeptical market right now. Buyers are reluctant, so for a coin to succeed, it needs to be heavily and regularly developed/enhanced and regularly promoted like jl777 has done for bitcointalkdark.

I've never gotten the sense that Pavel is a scammer, but it's an open question whether he's up to the task of doing what it takes these days to keep this brutal market from dumping on a coin.

Much as I hate to admit it, rustynailer has a point. Either Pavel comes out with a compelling update -- that's compelling about future development and marketing (what's the latest on the PR initiative?) -- or he commits some serious buy support to convince the market that the coin has a future he is committed to or (ideally) he does both. If he needs time to prepare a compelling "media blitz", then provide some buy support in the meantime to convince the market you're invested. In this market, when there's doubt, silence kills.

Short of an "intervention", this battered altcoin market will do to this coin what it seems to be doing to a lot of coins - dumping first, asking questions later. A lot of people have been screwed across a lot of coins - a lot of people are on a short fuse.

In the [ANN], Pavel wrote:
"If this ICO will reach a certain goal I will leave my full time job and dedicate 100% of my time to this project."
I assume the sold-out ICO met his target. Market needs to be convinced that Pavel intends to hold up his end of the deal.

In any case, Pavel, you should get someone to help with development/marketing.

Come on people, stop comparing Pavel to scum like Ryan Kennedy. So far has'nt done anything to warrant any accusations. Let him do what hes promised and make something of this coin!!!!

Let's guess what happens next.

A. Pavel comes on and makes a post about bad health and not being able to continue

B. We never hear from him again.

C. Work commitments will slow development down to a standstill

D. He blames the community here for things not going too well.

Where did you see 39 sat?  I checked Cryptsy and bittrex and didn't see it.

Maybe it was a flash crash for a few seconds.

30 million coins is a lot of coins to be dumped so one shouldn't be surprised by this massive dump.

39 sat omg I am still holding the ICO coins but this is just terrible.

Congratulations for the buyer  
He can sell now with more than 100% 300% 500% profit.   

I think, that this was the bottom, now lets go back to 1k

i once told you at the mainpage but you guys do not believe me.

i once told you at the mainpage but you guys do not believe me.

39 sat omg I am still holding the ICO coins but this is just terrible.

Who the hell has just sold 37k craig @39sat?

Pavel,
I really like this blocknet idea.
Here is another link with FAQ's http://www.cryptoarticles.com/crypto-news/the-blocknet-how-it-works-and-ito-rules
Have you put in any thought into it?