Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Catcoin - Scrypt meow!
by
Mooshi
on 25/12/2013, 23:51:39 UTC
So. Let me sum it up.

1) This coin had a fork recently, not good.
2) This coin has a wallet that doesn't really work very well, unless you fiddle with VBS files and other clunky stuff (how user friendly...)
3) This coin is an obvious rip and plays on "DOGE" theme. If that is it's main redeeming quality then I don't think this coin will have a very long life.
4) This coin lacks any form of target, direction, organisation.
5) The coin's website is currently down. Great.
6) The Wallet is hard to find (official mirrors seem...the ABC of 'launch-ur-altcoin' scriptbook, but ok)
7) The Wallet has a virus indication TROJ_GE.702F8FAD . It is of a different type from other Wallet's false positives, which concerns me.
Cool The developer does not seem to be very fast to respond to concerns, issues and troubles.
9) This just seems to be CTRL-F & replace name in some random altcoin data, then launch as your own coin and get-rich-quick-scheme complete.

So this coin lacks all qualities the majority of altcoins DO have. The only thing going for it is it's play on the "DOGE" meme which does not provide sufficient long-term grounds.

Effectively this seems to be a poorly thought out, poorly maintained and poorly executed alt-coin of the umph-th type. There is nothing distinguishable about it, and many things to criticize.

Not providing a functioning wallet out of the box, mirrors for said wallet seem to be the most glaring issues that this coin has. It shows the _absolute_ and utter incompetence of the developer in charge.

Please feel free to correct me of I am wrong - I'd be happy to be wrong about this coin. But I do think a word of warning seems to be in place right now.

I believe you missed the Kittehcoin thread and accidentally posted in this one.  Wink

what are you talking about dude - i was asking if it is a virus - never tried this kitteh

I mean the over the top meme nature of being compared to dogecoin. The other cat based coin called "kittehcoin" around here gives off such a bad meme-y vibe that I can not see that one being viable at all in the long term. Added more to my post before you quoted mine. Compared to that one, Catcoin looks super serious. There are several points that I do agree with you as explained in my post edit. I believe this coin can make it in the long run, I mean if we have anoncoin and bbqcoin, why not? Cats have been in culture throughout history and the internet is practically made at cats. Just..catcoin needs a more focused devteam because this launch already created speculation. -- Just the wallet alone is proof of that. Many people will feel more confident if everything were there instead of hunting down a .dll and being worried if the .dll is legit or a virus.