Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Catcoin - Scrypt meow! - FORK COMING AT BLOCK 20290 PLEASE ENTER AND READ!
by
Nullu
on 05/01/2014, 16:17:30 UTC
Net hashrate is now DOUBLE what it was before the fork; 0.34 ghash/sec, compared to 0.17 ghash/sec before the fork.

The difficulty dropped straight after the fork. Think about it. Why do you think prices have gone down? A dump after the fork. Give it time. It wasn't the smoothest of hard forks either.

The coin now has a new difficulty adjustment. The market has to find an equilibrium with the coin again. You can never judge a coin's future value based on big events; big events cause price spikes.

It's been less than a day and, and yet again, soon as the price dips, the doom naysayers come out. Wonder why that is? Cheap Cats maybe? We've heard people saying this coin is dead throughout the entire thread, and yet here we still are. Listen to sense, not the select few who want to panic you into selling at a low price.