Quote from: Real_GM on May 08, 2014, 03:44:00 PM

Hey Guys,
that's some heated discussion there, good that there are passionate people from both sides of the arguments.

I've been following HiroCoin since it's inception. At the beginning, there aren't really much communicated and it was massively pumped once, then everything kind of trail off.

However, it is not until recently through the effort of Joerii and his team that they picked up the slack and restart the whole campaign. So that's kind of equivalent to a rebirth of the coin and we just have to wait and see.

The issue of the low price is because X11 coins as a whole hasn't really gained traction yet. If you combined all the nethash of X11 coins, it doesn't break 60 Ghz. To put it in perspective, that's equivalent to 20 Ghz scrypt, probably less than 10% of litecoin total hash pre asic.

The scrypt Boom happened in October/Novemeber 2013. That's winter time so every GPU miners in the Northern Hemisphere (China, India, Russia, North America) are enjoying cooler temperature for the GPU rigs.

Summer is fast approaching and GPU farmers mining scrypt may now feel the heat. THey will need something cooler to mine and that's when X11 or even Keccuck to come in so that their farms won't burst into flames.

When June comes, it will be the pivotal moment to see whether X11 will rise or fail.

Right now I think all X11 coins are still in sleeper mode.

This is the time to make background promotion, not to implode ourselves. Price is irrelevant right now because the hashrate in the X11 scene is low. When the big GPU farms transit to X11, they will go for the coin with the lowest difficulty and highest potential growth (in my humble opinion, Hirocoin).

Again, this is the world of crypto, everything is a gamble if we don't do anything. But if we work together, it is no longer a gambling, it is investing.

My two cents

I share your opinion. i m obviously pissed at the moment.

But, Price is not irrelevant. Price always mirrors what people think at the moment of a coin. That is relevant, and that is more relevant since it wasn t a sharp decrease it was a long, steady, decrease. People have lost confidence over the long term not just a bad news and irrational selling.
Since we are not a "new" coin, it will be very difficult to fight against it.

And i sure hope you are right about X11. But Why Hiros didn t address all the FUD about X11 a long time ago? Why nobody is speaking about the new FUD "FPGA" already mining X11 coins?