Post
Topic
Board Announcements (Altcoins)
Re: [ANN] √ [GOX] MtGoxCoin: Earn Big √ [POOLS] [Exchanges] Mine Here! MINTPAL SOON!
by
MeadowView
on 15/05/2014, 06:22:34 UTC
Really need to get net hashrate up, right now I could 51% attack this coin if I wanted to !
Is it possible to do some giveaways or something to get some interest back in this coin.
Website is looking really good btw.

PS. MeadowView I am Gox_Lobster from minebig pool Smiley

Hey there!  Smiley  Good to see you getting stuck in.

Funnily enough, not long after you made your post the hashrate doubled - still only 22 MH/s but an interesting increase.  Maybe you should put a post out saying the price needs to be 1 GOX = 1 BTC!  Wink

All said I also agree we need to get hashrate up, however I'm not sure giveaways are going to be the best strategy atm.  We're still building the new infrastructure of the coin and ultimately we need to ensure its value to Mt.Gox victims before we shout from the roof tops.  If we achieve that honestly and excellently the coin will gain natural value, which is the best kind.  Giveaways executed in this manner may temporally force value on the coin or attract attention, but people's actual perception of it's value won't necessarily improve and may even decrease.

Frustrating as it may be, crypto is becoming more about the longer play.  Honesty and integrity are key, along with a clear, robust and genuinely useful strategy.  That's exactly what we're working on, and once it's done our best bet is to do all we can to draw attention to what will be an excellent crypto currency.

Giveaways was just a suggestion from somebody who knows very little compared to you Cheesy
Whatever you think will work I will support.

PS. Price needs to increase to 1 GOX = 1 BTC
PPS. That doubling in hashrate was my GPU army Smiley  

Well that's very kind of you - Thanks  Cheesy

I'll be releasing a white paper shortly that outlines my thoughts on the future of GOX.  It'd be great if the community could respond to this by letting us know how they think they can help...

P.S keep that GPU army on the march, I get the feeling it could be worth it  Wink