Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Catcoin - Scrypt meow!
by
zerodrama
on 03/01/2014, 16:32:51 UTC
it's a week old and $0.50 usd it saw $1.00usd it's first day in trade
there are 1000000+ coins plenty liquid
do any of you know how long it's taken bitcoin to touch any of that?

It's a week old and its NOT USABLE because the block times are so long. Bitcoin never had that problem. Catcoin is not liquid because transactions aren't happening. The network is not going to reach the next difficulty retarget for at least 2 months, and the coin will be dead long before then... if support drops down to only the die-hards then it will take YEARS to reach the retarget.

If the retarget isn't changed the coin has zero chance. None.

The retarget can be changed temporarily during emergencies such as this and it can be brought back up.

If you change the retarget entirely, you are on your way to making a new coin which appeases coin hoppers.