Quote from: vondi1122 on January 06, 2014, 02:13:41 AM

Quote from: kalus on January 06, 2014, 02:08:40 AM

i'm really sad someone lost $15,000 real dollars on catcoin.

Someone with deep pockets is gambling on cat, problem?

emotion police?

Officer, i feel sad that someone would lose 15,000 on a pump-and-dump currency manipulation.

don't throw me in the waaaamubulance.

Quote from: vondi1122 on January 06, 2014, 02:13:41 AM

Edit: Why is everyone actually so pessimistic and hateful? Isn't a loss of 70% over the days such new in the crypto world?

edit: a loss of 70% is not new, but a loss of 70% when it was basically fortold by the black cats in the thread meant that it was avoidable.

e.g.

Quote from: janos666 on January 06, 2014, 12:40:54 AM

That was already "official" long before the developer or the rest of the community had any chance to say anything about it. It only took a few people who agreed and had the loudest voices here to make it "official". The rest of the people didn't really have a choice, but accept it. That wasn't fun! That was actually really scary! That's why I was so deeply against the fork idea! But, of course, it happened anyway, and it happened at light speed, no less.

Scary investments don't make for fertile opportunities.

the fork was seemingly 'essential', and perhaps it was. however, it happened without the consent of the silent majority of people that had originally signed onto this coin. however, an additional fork just occurred after the planned fork, and this choked the momentum regained by the coin.

people are 'pessimistic' because many people didn't go into what happened willingly. the timeframe to the first fork was so compressed (2 days!) we were still arguing over the parameters of the new coin right up until the fork. then there wasn't enough organisation between the pools to prevent a 51% fork after the original fork. dogecoin went through a fork less than 24 hours ago, and it was barely a ripple. catcoin just went through two forks in as many days. many of the miners that we were supposed to attract to the coin again left because of that second fork. That shakes investor confidence in the coin.

people are 'hateful' maybe because they feel they were manipulated by the sudden drop in difficulty resulting in an influx of newly minted, easy-to-make catcoins. it was like the pre-fork coins are worth X, and they were devalued by the semi-reboot. because they felt they didn't get a say in such a short time period before the fork was implemented by developer, they felt pulled along and taken by the second dump of cheap catcoins.

now, i'm not your problem here. i still have all of the catcoins i mined at the beginning, so i am maintaining the 'value'. I'm being realistic about my investment, and yes, i'm sad that people lost real money today on catcoin's flux because it was avoidable.