Post
Topic
Board Tokens (Altcoins)
Re: CHESSCOIN - 32% POS - COIN FOR CHESS COMMUNITY
by
chessfan
on 06/01/2018, 12:24:06 UTC
Well, I see the first "urgent" problem as:
* there are probably more "sleeper" addresses (and when the owners do not think wisely, we'd hit the max supply soon :-( and that will bring other effects)

> Price will drop massively. The owner of those addresses will surely sell it out.
I just saw a 20% drop (compared to the last 1h), from 12:37-12:57 already, but that is not something we (or better: I) can influence - directly. That is the "business" of the traders


about: few individuals + website:
* does that not contradict? The main prob seem that only few have the "power" (which needs to be proven also), so no matter what you do this fact would not change
* I explained earlier my motivation for lichess (instead of a new, fresh site): https://bitcointalk.org/index.php?topic=1510517.msg26975456#msg26975456



Price will drop massively. The owner of those addresses will surely sell it out.

This is really the problem of this coin...it was only hold by few individuals who I think don't even know how to play chess. The very essence of chesscoin was totally destroyed by this investors. Good thing if they created a website for chess players. A website that is good enough to compete with the existing chess playing website nowadays.