I was involved in the CommunityCoin and got my first stake. Then, they didn't add my name to the second list even after I did a lot to promote the coin.
Then, the developer claimed to have lost 200 million coins. A developer? Someone who can code, but cannot back up the coins? It smelt fishy.
Then, I keep reading so many good people getting burned and not receiving a stake after they have done so much for the community. I started to realize that its a total scam and it made me think the dev is holding the coins to dump later.
So I got out as quickly as possible. Too bad I didn't sell when it was approaching 200 sats. Instead got out at 75 sats. I'm sure glad I did.
After all the promoting I did for CommunityCoin, I deserved the initial stake and would have promoted the hell out of the coin if I had received the 2nd stake.
This coin is a joke and I encourage anyone who holds CommunityCoin to cash out. The Dev holds the majority of the coin and lets all leave him as a bagholder of a worthless coin.
I honestly have no idea how the dev decided to award the 2nd stake to some and not others. I do agree that it appeared there were people who actively wanted to promote the coin, and had been promoting it, who did not get the 2nd stake. Maybe some sold off some of their coins, or had a past history of some trolling, or did something fishy that broke one of the devs rules. I am not saying any of those were the reason you weren't given coins... just why some may not have gotten them.
Part of the problem with any giveaway like this is, it'll never be 100% fair. It's just the way it is. Mistakes will be made or the devs will have rules that don't make sense to everyone. And something to be expected is that those who feel slighted in some way, will turn around and lash out against the coin. It's human nature.
My personal view is ... hey, it's free. I mean, if you did nothing at all, never signed up, you would have gotten zero btc out of it. I guess I just view it like if something is given away free, my expectations are lower and I also don't think there is a lot to complain about.
The 'lost coins' are definitely an issue. But it's not a dealbreaker to me, as far as selling/dumping. The trick with any coin here is to know when to get in, and when to get out. 75 sats probably is selling too low, considering the coin just hit exchanges this week (not counting allcrypt). If it hits a larger exchange, expect a bounce or two. Even if you want to get out, think something shady is going on, or are just angry you didn't get a 2nd stake, I don't think this is the best time to sell.
But we'll see. I won't tell anyone to hold, anyone to sell. But it's best to try to remove emotion from any decision.