What's the best way to promote this coin? Email poloniex and tweet coinmarketcap.com?
This price is ridiculous. The whole market cap of the coin is $8500 and it's specs are better than mintcoin, which is > $1,000,000. We should at least be able to get to $170,000 (20x).
It's wild to see what happened with whitecoin, and then how little attention something like this gets right afterwards. I imagine it has something to do with the blackcoin hype still being in full swing when whitecoin was released, then whitecoin butt hurt being in full swing when this was released. While not blowing up this thread the past few days the Dev has seemed pretty committed here, don't give up man
And dont forget Asia Coin.
People are not very motivated to risk anything afterwards. We have still POS which must work.
And there is no money in the market. It is just jingling from one coin to the other. Which keeps people hungry and this can cause greed.
I let this coin 3-4 months minimum for development of its basic potential
AC might have scared a lot of people, but it's better than ever now has an actual team of dev's committed to the success of the coin, no one lost any coins out of their wallets during the ordeal, the OG dev was only able to spend approx 30 mill before he was caught and markets were frozen. they set up new interest rates for after year 1 which look awesome. It is a true community coin now. there are more asian people on the planet than any other race and asiacoin has the best interest rates in crypto lol so ya it'll do just fine.
OC is great but if there was a team like AC has now it would be that much better and things would move that much faster... look how fast the other coins get on marketcap or move up mintpal voting ladder. it's as much our fault as it is our shy dev
Nothing wrong with slow and steady, imo. Why follow the other color coin's paths? Why promote the coin if OC has future PoS problems? Fact is we will get 20% OC for Year 1. Why are you pushing speed when we are trying to collect OC for the PoS, not the exchange to BTC? just makes no sense. Push speed once PoS is over and make all those skeptics pay extra for OC... That creates massive hype, massive price spikes.
the more people participating the better, others might like to collect for the pos as well. if the code has been tested and such properly before the release then the dev would know the pos is working perfectly... of course we could've had a third party analyze the code and had confidence pushing the coin the whole time. lol but nope you want them all yourself and others pay more!? can we say greedy lol skeptics? you mean people that go on info and facts, not just a gut feeling. I'll only go so far on a gut feeling. and would have bought in
a lot deeper if the thread didn't just seem like everyone has their fingers crossed
I'm not trying to trade mine in for btc lol far from that...
more people might like to collect for PoS?? then they should be here mining with us!!! It's equal opportunity now. they think high risk. but with that comes high reward. YES I want price to go high to get my high reward for assuming high risk. So would you rather sell your OC for 50-1000 satoshi while everyone mines or 10000 with no one mining PoW and when PoS starts if it were possible? I know your answer, so don't tell me that I'm greedy. I do understand economics, and that a certain amount needs to be distributed for a system to work. I think that criteria has been met since 99% of the PoW is not in my wallet.
It has nothing to do with me getting more OC because no one is on board mining, that's just a bonus. Doesn't matter if I'm greedy. And how do you define greed? Here's mine: Greed - different levels of opinion of other people's actions to obtain any wealth, assets, or possessions based on the person's (with the opinion) vantage point. Idc about Webster's 'generally accepted' definition, I didn't even look. But if I were greedy, I would have rented hashes and really became a whale instead of just letting my little rig do the work. There's my contribution to the general public by not doing so.
So what if I want a profit to rebuy OC, that makes me greedy? That's smart day-trading and the only way I can do that is if the price is higher. I'm not in this mining game to break even or lose so everyone else can win at my expense. That's why I haven't sold any solid coins I've ever mined, and I'm in a financial position to be able to hold long term.
As it stands, last 4 months has not made most people money by mining because of ROI on rigs and crappy BTC prices and news. So if there is an opportunity to reclaim some losses, if people don't trust OC and it rockets, then shame on them and yes, they deserve to pay more. They had the opportunity to mine, they chose not to. I did my research, looked over the coding provided, and idc if dev is here or not. if there's no fork during PoW, we don't need a dev or other services, this is a savings coin, not a transaction coin, at least until 2.5% kicks in. That's just a ''security bonus'' having a dev to make people feel better or confident about their investments. PoS forks are harder to do, and are quite rare. We do need the dev or someone else to make the linux wallet still...
Crypto is a cuthroat business. I'll mine with you all day long, give out info, help develop coins by donations, but that's as far as my ''kumbayah'' goes, unless you wanna party when we're all rich
. I'm here for the money and so are you so don't kid yourself. We don't mine intangible coins or 'keys' to show off our collections. I'd want actual silver and gold coins to that, or the biggest, prettiest ores that I mined myself keeping with the mining theme. I'm here for long term investing and retirement. So I need a huge stack. That's not greed to need $2 million over the next 20 years to retire. $2 million is nothing. Besides, crypto is my full time job.