Crbit is a nice coin as we have all noticed. Fast, all infrastructure is made etc. but to be honest there is nothing revolutionary about it, it is just a better version of something that has been allready done for 500+ times ( appr 700 coins are out on the market ) Also no big money behind it or a persona that would make this coin appealing to the public. So nobody has noticed crbit.
I would suggest that all big holders would join and make a pump but without a dump. Since there is no regulation of crypto market this would be a totaly legit thing, maybe not from moral point of view but still ,,legal,,. Why pump? To male people notice crbit. If the price/volume was pumped to get crbit into top 10 crypto than it would get noticed by a whole lot of people. Many of them would buy it just becouse of its place in the top 10, others would maybe see a potential or quality of the coin and buy it for that reason etc. the point is that there would be allot of people entering into crbit ecosystem and with big number of people/volume it would become appealing to online merchants or other buisinesses that would maybe start using crbit.... With an average volume of couple BTC no serious buissines will adopt CRBIT!
I see this option as a marketing move not a scam pump and dump move. But only in case where big holders would join forces and make an agreement to put all of their coins in a ,,vault,, - so there wouldnt be a dump at a certain price.
Everybody who owns creditbit has invested money/time to have them and excpect a profit for that. As it stands nobody will make it if things stay as they are.
Good written. But finding a good project idea for CRBIT and put it on crowfunding platform gives us also good exposure of the coin among potential investors. Factom has developed not only a coin but also a project idea behind it. Develop a coin is not enough, the development team needs to implement it in projects for practical use also if the coin is going to survive. There are a lot of cases were a coin is bought to the market without any idea for use, these coins normaly die after some time. For a coin to survive it must be backed up by project ither by the community or development team.