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, 16:34:30 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.

well like i said im gonna ride this elevator to where ever from here and i hope your right how many coins do you have if i may be so bold as to qualify your answer with that question not that it necessarily means anything and how many did you hang onto before/after the fork vs how many did you pick up after price drop


I have 1049 Cats. I didn't buy or sell any during the Hard Fork because it was too unpredictable for me. I held onto my coins. I honestly wish I had more, and if I make any more BTC next week I'll buy more at this price.

I'm not going to tell anyone else what to do with their money. I'm going on intuition and everything about this coin that I think will make it a great success. Whatever you decide I wish you the best of luck and fortune, but I'm staying put, whatever happens.