Just browsed through the chain of topics and was pretty impressed, but also have a couple of questions. Anybody wants to help me out and fill me in?
1. Why were there so many fudders?
2. Was there an ico and for how much?
3. Why the rapid drop in value?
4. Dead horse or going to revive?
I can try from my most unbiased perspective:
1. It could have been a few reasons:
a) Market manipulation for accumulation purposes
b) Other projects just badmouthing (confirmed) through puppet accounts
2. Yep. 1,050,000 were sold during the ICO for a total of 125 BTC with 5 BTC going to Bittrex for hosting it
3. We've had a long road to travel and it's been all uphill. We hard forked to single algo once we found some issues with the multi-algo code. During the earlier days of mining when we were listed on coinwarz, we were also being shown as 3x more profitable than we really were. Multipool profitability scripts and other means of determining what to mine saw us as the #1 chain to mine for quite some time before it was delisted (and re-listed after switching to single-algo). Regardless of the actual profitability, we were getting mined and dumped all day. We were at one point shown to be 1000% more profitable than BTC for example. Completely wrong. All of those factors left a bad first impression on many people and we understood that - which is why we fixed everything we found issues with. It took time to analyze the network, trading activity and other details before we made some educated decisions.
4. This "dead horse" is one of the most reliable ones you could bet on.
Best regards,
syntaks