Post
Topic
Board Pools (Altcoins)
Re: [ANN][Pool][Profit-Switch][Optional Auto-Exchange per Coin][Vardiff] ~ Hashcows
by
Catswold
on 05/01/2014, 10:14:59 UTC
aTriz,

Please, please stop mining LottoCoin. The coin is currently dying because of multipools. There are not enough buy orders to sustain the sell orders, and the price has crashed about -300% in the last three days. Soon it will be kicked out of Cryptsy and eventually left to its death. All because of your pool. The marketing team has stated multiple times they have great plans for the coin, but they need some time to develop, create, implement and make it flourish. It has incredible potential but you're killing it because of your fucking greed
Buzz away, little fly.  You pick the absolute peak value the coin hit in it's "Pump and Dump" life and whine about it losing value from that artificial and way too high peak--try reality for a while.  All coins follow the same pattern after release, the test is in surviving after the initial pump and dump.  If the coin offers genuine value--something unique that people desire--it will survive.  If the coin is dying, it is because it cannot attract enough people to support it, not because of one pool's mining.  

The problem with Lottocoin is that it offers nothing of value other than more of itself.  There's nothing of greater intrinsic value than any other of the dozens of junk coins that appear each day.  So, it has become a pump and dump coin.