Re: [ANN] CommunityCoin (COMM) Fair & FREE Distribution | Pure PoS | Join Community
But I still feel this coin should be re-launched because of the 200m 'lost' coins. Relaunch it and then give away the coins fairly, once they have been distributed fairly then it may stand somewhat of a chance, right now it will die because of the lost coins.
No need to change the name. No need to change the website, or anything for that matter. Just bring up the coin in its original form (100% premine) and start again. It would be a more fair distribution now as a lot more people know about it, and most certainly extend the distribution to a lot more than 500. Find how many active members of the community exist, get the total number of coins and divide it by #members.
So who is with me on the re-launch? or are we going to promote a coin that could potentially see a huge dump in the future when the dev sell that 20% in one day? He may have genuinely lost them, by why take that risk when it's so easy to launch a new coin? As I said, the coin already exists, it just can be reset, the website already exists, just update the wallet to the new one, the community already exists...
No need to change the name. No need to change the website, or anything for that matter. Just bring up the coin in its original form (100% premine) and start again. It would be a more fair distribution now as a lot more people know about it, and most certainly extend the distribution to a lot more than 500. Find how many active members of the community exist, get the total number of coins and divide it by #members.
So who is with me on the re-launch? or are we going to promote a coin that could potentially see a huge dump in the future when the dev sell that 20% in one day? He may have genuinely lost them, by why take that risk when it's so easy to launch a new coin? As I said, the coin already exists, it just can be reset, the website already exists, just update the wallet to the new one, the community already exists...
relaunch??? not a good idea i think, how about those who buy the coins in the exchange? the coins is doing fine, we will just monitor the lost coins as much as we can.
What's the point of that? It's like monitoring a tank saying "don't worry, i'll stop it if it fires". What will you do if he decides to dump all his coins on all exchanges within the space of an hour? Nothing. There is nothing anyone can do then except watch their own coin value disappear into nothingness and watch the dev become rich.
No, you wont. Coins can be dumped within the hour when you are asleep in bed, or at work etc... Don't be fooled thinking that monitoring the wallet means anything.
LoL..it is free money so it can be dumped for any value..and it also can be dumped on multiple exchanges..
Do you even understand how markets work ? There has to be a buyer for a seller. The buyer for that many coins will be strong hands : Price doesn't matter.
You kidding right ? With this much hype it is easier to dump that many coins.. Poloniex alone has 14 BTC buy order. I am not saying that the dev will dump the coins ..
But I was just correcting that it is possible to dump them within an hour.