Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [CHC] ChainCoin - Cryptopia & Novaexchange
by
tkon3
on 23/07/2017, 10:34:57 UTC

How is that HODL movement working for you? I hope you realize the volume of the HODL movement/community needs to be greater than the sell volume. It is unrealistic to think a online community group first of all has the volume to sustain the price, and that they are actually going to hold as their comrades start secretly taking profit and selling on the side.

This was a long term pump and dump, me and others have been saying this for a week and have yet to be corrected by any developers.  Any counter-arguments are weak.  Their site still isnt up, it still shows the site is under construction.  I will bet you almost anything they did not have a proper backup of the site before the hack.  Probably because they havent been doing anywork on the website in months/years. There still is no re-assurance from the team as bitcoin and practically ALL other altcoins are booming.  

CHC is free falling, and I wont be suprised to see it sub $0.25 in less than a week.

I have been here for 4 months, far before High On Coins joined CHC. I got in at $0.05 cents, I made profit at the top, and now I am trying to prevent others from losing money.  Telling them to HOLD while the ship is sinking is not doing anyone any favors.

Who knows maybe the team will deliver, but history of their work ethic doesnt spark any confidence.

Again:

From a development perspective, what has CHC accomplished in 2017. Practically and Virtually and nothing.

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BTW, you said that the code was active because it had a measly 7 commits in the release? I hope you realize most coins have hundreds of commits if not thousands per release.

Price seams to have stabilised at $0.5 even with the HODL movements new strategy of not buying and waiting to buy at $0.01. So I guess that there is interest in this coin that is independent from HODL crew. Which is great for the coin. Imagine what happens when they stop waiting for 0.01 and start buying again. Sky is the limit. 

And you may be interested to know that devs are making progress last commit  by brakmic was 4 hours ago https://github.com/chaincoin/chaincoin/pull/17 and that he commits almost every day. Yes CHC is actively developed coin now and has a bright future.

People who hold have no btc to spare anymore. And people outside won't obviously buy this.