Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CLAM] CLAMs, Proof-Of-Chain, Proof-Of-Working-Stake, a.k.a. "Clamcoin"
by
smooth
on 31/05/2016, 01:08:54 UTC
Sorry Dooglus, I misread your other chart. So if there hasn't been a big digger, the price seems stupidly low at the moment, I guess because people are moving their money into other stuff.

I will be getting back into CLAMS, I like the coin, I like the idea of the distribution and I trust JD, enough reasons for me.

The price is low probably because the coin has failed to break out of its small niche. It is used on basically one site (I know a few others support it but as far as I know that is not significant) which is mostly pointless for a supposedly decentralized system. There is no real reason for it to exist in its present form, and any initiatives to grow beyond that in terms of marketing or development are either nonexistent or invisible, so investors are just slowly giving up and walking away.

I still have my CLAM pool and anyone is welcome to join. I'm not saying there is anything wrong with the coin, but it very much looks like the typical dead end alt that slowly marches to zero.