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Topic: Why CAT is so hot? (Read 1602 times)

sr. member
Activity: 252
Merit: 250
December 29, 2013, 12:30:03 PM
#27
Im not sure how your concluding that CAT is 'hot'? To me it looks like it tried to ride the back of Doge - but the problem is it has next to no following outside of these forums. And even on these forums the main thread was 100 pages on utter nonsense before anyone even mined a damn coin! People think Doge is dying because this board isnt littered with as many threads - but look around and thats not the case. I dunno maybe CAT will be successful, i just really cannot see it without the same level of backing that doge is receiving.

I mined 1.5mil Lottocoin on the first day and really cant see it doing much personally. The name does not bode well for a currency does it, but then again lucky coin has some following so who knows.
I want to like earthcoin, and it seems to be fairly popular - but i cannot see any reason to like it or invest in it compared to worldcoin that its trying to immitate?
legendary
Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
December 29, 2013, 12:21:56 PM
#26
The real reason why CAT is so hot is because it's pure Bitcoin, except with Scrypt instead of SHA256. kr105 didn't change anything else about it. Think of it as the pure vanilla Android experience among a sea of clones that try to modify certain aspects but end up making things worse.
hero member
Activity: 532
Merit: 500
December 29, 2013, 12:17:05 PM
#25
cats are internet and thus this coin is definetly serious deal ma kittehs!

A lot of coins rely heavily on their name and branding. That's what made Dogecoin so popular. There's a lot of very nice-sounding but generic-sounding coins right now. Cat Coin is pretty memorable.
newbie
Activity: 51
Merit: 0
December 29, 2013, 12:06:29 PM
#24
cats are internet and thus this coin is definetly serious deal ma kittehs!
hero member
Activity: 532
Merit: 500
December 29, 2013, 12:04:27 PM
#23
Why CAT is so hot?

- Surprisingly fair launch.. (you won't see often a launch like that..)

- Scarcity (we didn't see 10 millions coins created in one day, cause network hashrate went up very fast)

- Constant and slightly growing network hashrate

- Undervalued compared to hyperinflated DOGE

-So many people like cats and as an user proposed it would be nice if a pool would donate a small % of fees to cats rescue/help service.



Yeah, that last point is a pretty good idea. All it would take would be a few well-written proposals to some cat charities to pick up on this coin and the profile would go through the roof.

Any catcoin pool admin willing to support the idea? I'll gladly throw some hashrate at your pool.

Let this be known in the main Cat Coin thread, the pools are fairly active in promoting themselves there.  Smiley
full member
Activity: 154
Merit: 100
December 29, 2013, 12:00:46 PM
#22
Why CAT is so hot?

- Surprisingly fair launch.. (you won't see often a launch like that..)

- Scarcity (we didn't see 10 millions coins created in one day, cause network hashrate went up very fast)

- Constant and slightly growing network hashrate

- Undervalued compared to hyperinflated DOGE

-So many people like cats and as an user proposed it would be nice if a pool would donate a small % of fees to cats rescue/help service.



Yeah, that last point is a pretty good idea. All it would take would be a few well-written proposals to some cat charities to pick up on this coin and the profile would go through the roof.

Any catcoin pool admin willing to support the idea? I'll gladly throw some hashrate at your pool.
hero member
Activity: 532
Merit: 500
December 29, 2013, 11:58:33 AM
#21
Why CAT is so hot?

- Surprisingly fair launch.. (you won't see often a launch like that..)

- Scarcity (we didn't see 10 millions coins created in one day, cause network hashrate went up very fast)

- Constant and slightly growing network hashrate

- Undervalued compared to hyperinflated DOGE

-So many people like cats and as an user proposed it would be nice if a pool would donate a small % of fees to cats rescue/help service.



Yeah, that last point is a pretty good idea. All it would take would be a few well-written proposals to some cat charities to pick up on this coin and the profile would go through the roof.
full member
Activity: 154
Merit: 100
December 29, 2013, 11:57:23 AM
#20
Why CAT is so hot?

- Surprisingly fair launch.. (you won't see often a launch like that..)

- Scarcity (we didn't see 10 millions coins created in one day, cause network hashrate went up very fast)

- Constant and slightly growing network hashrate

- Undervalued compared to hyperinflated DOGE

-So many people like cats and as an user proposed it would be nice if a pool would donate a small % of fees to cats rescue/help service.

hero member
Activity: 532
Merit: 500
December 29, 2013, 11:53:59 AM
#19
People have seen the heights Dogecoin have reached, albeit without any intention, and realise that Cats are basically synonymous with the Internet. Dogecoin got where it did from meme propagation and novelty. Cat based currency will appeal to a far wider internet demographic than Doge.

As ridiculous as it is, this is the Internet, and if you think you'll profit from reconciling Internet with sensibility, then you'll soon be a poor man.

Cat Coin is worth holding on to. I'll be quoting this sentiment with a big "told you so" in a few months.
legendary
Activity: 1106
Merit: 1000
December 29, 2013, 11:51:07 AM
#18
First: Dog
Then: Cat

What's the next?  Grin

Maybe: Horse, Bird, Mouse

Actually, I really like Doge but not in business sense. I mined Doge and gave them for free.
member
Activity: 101
Merit: 10
December 28, 2013, 05:13:35 AM
#17
lol earth coin is a premined shit, same as lotto, at least cat and doge didn't have any premine
u wrong
+1 for earth coin and digital
  stable to the moon 
legendary
Activity: 3248
Merit: 1070
December 28, 2013, 04:02:10 AM
#16
lol earth coin is a premined shit, same as lotto, at least cat and doge didn't have any premine
newbie
Activity: 14
Merit: 0
December 28, 2013, 04:00:31 AM
#15
I think that LottoCoin and EarthCoin (or even BillionCoin) are much better. Their names themselves are good enough to attract merchants' attention.

Meanwhile, CAT and Doge coins look like a children' game. It is not serious for business purposes.

I believe that CAT and Doge can be hot for 1-2 months. Then they will be dead. LottoCoin, EarthCoin price will increase gradually because there are more and more people who try to use them in real business cases. BillionCoin is not an exception.

Among first generation altcoins, I see Diamond - DMD, WorldCoin - WDC, DigitalCoin - DGC price are quite stable because their names are designed for business purposes. Doge is not

Do you think so?

Lottocoin sounds like something cheap that belongs at the same place you pick up a slurpee and a hotdog. Earthcoin is basically the Internet Explorer "e" all polished up.

CAT can stand for "Cryptographic Anonymous Transactions" which gives it a bit more seriousness behind its otherwise cutesy name. The internet also loves cats as do many cultures. (especially Egypt and the Japanese) I can sense DOGE dying sometime 2014 because it was silly at first, but the hype is dying down plus it only got lucky because it was meme of the year for /2013/, 2014 is not 2013. CAT did seem a bit meme-y at first, but I'm glad the community decided to shy away from that the more Catcoin gained traction. Flat out being all meme like will fail and this is why I support Catcoin way before I would Kittehcoin.

Doge was never intended for business or to even be taken seriously, but people mined it anyway. The difference is, CAT /can/ be taken seriously if it were marketed a bit more professionally. Lottocoin and Earthcoin? Like I said..I don't want to be reminded of sleazy lotto tickets or the worst browser you can use/something that more belongs on Futurama.

These are just my honest opinions.

PS: The launch was a few days ago now, people really need to stop bitching about it. Makes them seem kinda annoying if I'm honest. Also, another thing special about this coin is that it basically /is/ Bitcoin using scrypt vs sha256 - that has to count for something. It's not a dodgy premine fest with an absurd amount of coins like some of the other alts.
legendary
Activity: 1120
Merit: 1000
Free & Fast Neotox Escrow http://bit.ly/1OGVykp
December 28, 2013, 03:18:56 AM
#14
Good marketing? LOL

Did you see the release for this coin? It was a total abortion. People like cats and it was perceived as an answer to doge coin. Miraculously, even after the horrid release and chain fork, the community fixed the software and even started marketing it on their own. Eventually the developer came around and started updating the release announcement thread.

Now, all of that being said, the coin has a foothold and once all the dust settles from the mass coin releases we're seeing, the good ones will rise to the top and the shit ones will die. Personally, CAT and DOGE are seen as jokes but they have too much attention and community support to ignore.
I m talking about both CAT and DOGE
and DOGE team is very good in marketing and promotion, they are spreading the word DOGE
legendary
Activity: 1106
Merit: 1000
December 28, 2013, 03:14:56 AM
#13
I think that Bitcoin and altcoins are designed for business purposes: money, payment. CAT and DOGE are designed for fun. So playful. Such naughty. Very fun. Wow  Smiley

But I still don't understand people. But no problem
member
Activity: 69
Merit: 10
December 28, 2013, 02:53:22 AM
#12
everyone should try trading cats/dogs on coinedup.com

You will never want to go back to more generic names likes WorldCoin or Earthcoin.

Everyone can distinguish a cat from a dog, but how would i remember the differences between these generic sounding names?
member
Activity: 70
Merit: 10
December 28, 2013, 02:48:36 AM
#11
just bcoz of good marketing and promotion
and price manipulation to keep their price higher

Good marketing? LOL

Did you see the release for this coin? It was a total abortion. People like cats and it was perceived as an answer to doge coin. Miraculously, even after the horrid release and chain fork, the community fixed the software and even started marketing it on their own. Eventually the developer came around and started updating the release announcement thread.

Now, all of that being said, the coin has a foothold and once all the dust settles from the mass coin releases we're seeing, the good ones will rise to the top and the shit ones will die. Personally, CAT and DOGE are seen as jokes but they have too much attention and community support to ignore.
legendary
Activity: 1722
Merit: 1217
member
Activity: 112
Merit: 10
December 28, 2013, 02:44:04 AM
#9
And of course CAT = bitcoin scrybt, same block target time, same block reward , lots of old timers seem to like that and infact talked the dev into doing it like that
legendary
Activity: 1120
Merit: 1000
Free & Fast Neotox Escrow http://bit.ly/1OGVykp
December 28, 2013, 02:38:59 AM
#8
just bcoz of good marketing and promotion
and price manipulation to keep their price higher
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