Quote from: 19lam on February 05, 2014, 09:18:56 AM

Quote from: toknormal on February 05, 2014, 08:50:53 AM

Quote from: astinus on February 05, 2014, 07:58:21 AM

Is it end this coin? Prcie only goes lower and lower...

Possibly. Now the miners are starting to dump. Whats on the exchanges isn't even a fraction of what's been mined and this trickle will turn into a bit of a torrent.

As I pointed out earlier in this thread, the natural value of this coin is possibly in the 100 satoshi region if that (0.00000100) when everybody's done dumping. 3.5 million mined coins are mined every month so I can see why people want to offload them now while these prices exist. (See: https://bitcointalk.org/index.php?topic=419873.msg4864038#msg4864038). Once it reaches it's natural level and goes on an exchange, the price could rise from there, at which point it will be in competition with all other coins.

It's looking like a pump & dump IMO which will be history in 2 years time.

I think it depends on what the "investors" do - if coin(O) finds an investor and realise a successful marketing campaign .. it will give the currency a real movement ;-)

But at this time, to say anything regarding the future of the coin(O) is premature.. We have the normal "pump & dump" going on at the moment, and there is nothing we can do to stop this.

The future "plan" from coin(O) is just that.. A plan. They, and we, would like that an investor will come along and back this coin, but don't bank on it... There is only one group of people who will make this coin a success and that's US... The community. Don't get me wrong here, the dev's have a VERY important role to play in this. But they are the dev's and will be seen as biased. We are the community and will be seen as passionate. If we are here for the long haul, then this coin is worth investing in, dumpers or not...

Two years is a long time.. and I have stated here more than once that I will be the LAST community member to sign off. Every alt-coin has an enthusiastic launch and an expectation that it will become THE next big thing. I am not going to tell you that coin(O) is the NEXT big thing as I don't have a crystal ball and if I did I would be better on the Lotto instead.

What I will say is this... Coin(O) has a great community and a great dev team. If we, as a community, buy up the dumped coin for the low value it currently is, then WE as a community can only prosper.

I truly believe that coin(O) has a potential of $23 USD per coin, but it will NOT happen for at least the next 2 years... This means that you 2 years is just the beginning

Two weeks ago we launched on an exchange at more than 2000 satoshi a coin. and even now we are still above 7000 satoshi a coin. Some would say we are over valued, I would say we are under valued, but the market will settle over the next 2 weeks and then we have to add value from ther