Topic: DOGE COLLAPSING - Invest in a coin with a real future INFINITECOIN (Read 6592 times)

Some real activity happening in the BTER IFC/LTC pair recently.

Seems like the spring is winding up again... ready for a real bounce!

Infinitecoin in the news.

Does anyone know's how which coin wallet is sending spyware and installing on the computer, i honestly think is Dogecoin..

Does infinitecoin really have infinite coins?

Says the guy that mines Flappycoin!

8 billion

why?

I think doge's pattern is not really reflective of a straight pump and crash pattern like we see with so many altcoins.  Doge started trading around 50 satoshi and remained there for awhile, drifting a bit lower.  Then it took off, probably because of the infamous wolong pump.  However, it has stayed way higher than it was during its early period.  It may still crash, IMO there are just too many damn coins, and no cap, but I don't think it's collapsed, at least not yet.

as hipsters prove, retro will be cool one day.  So maybe in a decade or two?  But in crypto terms that may be 18 to 36 months. ;P

Well it is true, it went from a dead coin when it was switched over from BTC/IFC to LTC/IFC to a raging bull and back down to the depths,  with quite a few pumps and dumps in between. I watched after it was dumped from its first high. Someone patiently began filling in buy orders for 1 LTC at regular intervals all the way back up to near where it had been. If someone sold to him, he carried on higher and higher. Then he filled the gaps. It got dumped again within days.

I agree that it was an excellent experiment with an interesting set of parameters. Historically speaking, I would say it is important and has been hugely influential.

Now it is kind of retro in a funny way.

No that is not true.  IFC was an excellent experiment in cryptocoins.  It was an interesting set of parameters that hadn't been tried.  I expected that network hashrate would dry up within a year.  You can go through my post history back to April through July to see.  I anticipated a price increase from increased scarcity but there were no measures put in place to handle the upcoming hashrate decline.

There were a few adjustments to the transaction fees but nothing that would help support mining.  As a result the hashrate is down.  With fewer miners you have fewer participants in the coin which means you have fewer promoters which means that your market remains small and you have to forcefully market the coin instead of organically growing it.  DOGE's hashrate grew in size and its popularity increased with it.  It wasn't a small subset of promoters but a large group where many small collectives independently provided promotion along with the core group.  That is real marketing.  Core group guides marketing and the smaller groups do their own thing.

Again, IFC is not bad.  I'm fond of it.  I made a decent profit.  But it needs to solve a few issues that keeps it from going to the next tier of coins.

1.  Incentivize miners again.  Bring back your core group of supporters.
2.  Reduce shameless promotion/marketing for a while.  Have a quiet period.  Only report facts.  Wallet update, algorithm updates, added feature.  This will build a strong collective group of supporters that are interested enough to invest time to monitor the progress.  They will be some of your strongest supporters in the future.  Incentivize their early reinvestment and risk.
3.  Let IFC promotion grow organically at first.  Let your supporters start spreading the word.  People love rumors/tips/insider info.  This incentivizes your early adopters more and builds another level of supporters, the friends and family plan.
4.  Promote the coin only when it has peaked in organic growth with a road map for new feature deployment days.  This fuels trading activity, especially if the new feature incentivized buyers before it is deployed.
5.  Make sure what you build has staying power and keeps incentivizing long term adopters. 

It is sad but true.  Value is built on the backs of previous labor unless it is fiat (then it steals from the future laborers).  To grow value in an inflationary currency (anything that added rewards) you need to increase value faster that it is being lost through creation.  If people value IFC then they will store some of it.  If they are rewarded in storing that value through price appreciation then they will store more.

Good luck developers.  I'll be watching.

Solid facts you got there...

InfiniteCoin is dying, any coin that is above 2 Billion I would not invest, and they have been for a wile in the market but no success, I would look at the new coins see what they have to offer, low difficulty low price, I'm waiting for this New coin to come out EuropaCoin.org. on sunday I hope and I can grab some coins with CPU, that would be awesome not investing a fortune on Rigs, cards cloud hashing which they are making money not us.

Neither IFC nor DOGE will have any long-term value. Both are a poor investment.

I never managed IFC the project was totally outside the dev team o it totally irrelevant !

Personally I like IFC, but to be frank it's been one of the biggest pump and dump coin in CC history. So condemning DOGE for doing the same...  

Please, tell me how successful your own attempt at managing Infinitecoin was. I would love to hear that story of massive failure and internal bickering again.

according to this IFC has been under new management since December > https://bitcointalksearch.org/topic/ann-infinitecoin-update-to-188-visit-infinitecoincom-356065
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Clearly you are incapable of comprehending what is written! I'll walk you through it! Read what is written again and you'll see it clearly states the new lead began a few months ago, December, aka new management. But the new management structure has only been in place for a little over 4 weeks!


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so it took nearly 3 months to get the new management structure in place and you don't count that as a bad thing  

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We from what I read at that post, I see Fisheater giving the reigns to Tecshare and then the first talk about infrastructure at the end of January. I am not a part of the dev team but I am a member of infinitecointalk.org and it was only a few weeks ago they mentioned anything about a full team taking care of this coin. So the end of January to now, 4-6 weeks in not 3 month.
You have to remember that with so many moving parts everyone has to be on the same page for things to get moving and they seem to be doing this. I like that they are not trying to win a race or force this coin to rise too rapidly but it has sustained a organic growth over the last few months.
When I bought in this coin was 1.1e-07 and only it has risen steadly over the last 5 months. Were there some pumps and dumps? Absolutely, happens to all coins but not the kind of levels seen with other coins and it quickly bounced back.
As to anyone looking to add it to their portfolio, this is a good price to still get it at but do your research. Don't rely on what this one said or didn't say. Join the forums there and see for yourself.

so it took nearly 3 months to get the new management structure in place and you don't count that as a bad thing 

Clearly you are incapable of comprehending what is written! I'll walk you through it! Read what is written again and you'll see it clearly states the new lead began a few months ago, December, aka new management. But the new management structure has only been in place for a little over 4 weeks!

according to this IFC has been under new management since December > https://bitcointalksearch.org/topic/ann-infinitecoin-update-to-188-visit-infinitecoincom-356065