I will catch up that is a good idea I only went back a few pages. Can you clarify why this would be a problem for you? I would be interested to hear it
Here's the best quote I could find (there is a better one somewhere)
No, it's pointless.
Those of us here who believe in this coin will find ourselves a different coin to mine and will buy Zeit as we see fit. That's all that's happening, people are finding profitable coins, selling them when they feel it's appropriate and then buying a coin they like.
It's the community that's doing it, not some magical multipool.
If you'd like to join a multipool to dump coins and buy Zeit, then do so. Personally I hate multipools, they're the scum of the Crypto world. Lazy bullies who can't think for themselves so they just join a herd.
The only time I like herds is when I can be bothered to be the shepherd because I fancy feeling powerful.
"We'd be dumping other coins for our profits, this would annoy the devs and community members other coins (which you're looking to be an authority of)" is the main point.
It would also bring arguements and division about which coins the pool should be mining at what time and when we should be mass-dumping the coins. If the price increases a day after we dump there will be people complaining and likely making accusations that whoever controls the pool is controlling it to make THEMSELVES more profit.
It's just a receipe for all kinds of bad things.
I'd much rather we create a decent community of people who will make their own decisions about what coins to mine on an individual level (thus not mass dumping coins and annoying others) and then buying Zeit when they see fit. If the community's strong enough, people will still buy Zeit rather than other coins.
For those who don't have much time to pick the best coins and watch for when to sell etc... they can still go and use a pre-existing multipool (blackcoin for example) and then sell their blackcoins and buy Zeit when they're next online.
Essentially, exploiting other coins for our own personal gain is just bang out of order and not what this 'movement' should be a part of as whole.
If people are already doing it individually, what's the difference other than it being on a bigger scale? Lets face it there are lot of crap coins out there and more and more a released everyday (many are scams).. So why not use them to increase the value of zeit? the higher the value the more people know about it.
We need people buying at the exchanges (and not at 1 - 3 sat each).. a Multipool would eat through massive walls and prevent dumps... Look at Blackcoin.. I've watched it steadily grow for the past 2 weeks and all attempts at dumps (from whales) have been killed off by multipools.
It's better to have a Multipool setup by the Dev than by someone else. This coin needs to adapt or it will surely die. Now more than ever since it's 1 zeit per block (pointless to mine) and no buying power on the exchanges... It won't be long before people start leaving it for other coins. This coin needs to increase the volume it moves on exchanges and multipools can provide that.
The community and Devs should be only concerned for the well being of their own coin, so what if you piss off other devs? the multipool could always just mine coins such as Doge which has an endless supply of coins. I have a lot of zeit in my wallet and have been minting but i can only hold it for so long.... If the price doesn't increase in the next week, it won't.. The coins needs a boot to get it going... it's been stuck a 1 - 3 sat since it hit exchanges.