Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Cinni | PoS | No premine | No IPO
by
sdersdf2
on 30/05/2014, 17:28:36 UTC
Sorry, cant resist chiming in:

In fairness to the devs, a lot of this is beyond their control. People are blaming whales and even I partially blame the devs, but I think the single biggest factor are the little guys - the small fry baghlders who keep selling their coins, for pennies, into every attempt CINNI makes to stage a recovery past the 9000 level. I mean too many people are poised over their keyboards, set to dump their small holdings anytime CINNI makes an effort to crawl out of this stagnation (or their bots are).

Devs could certainly be doing more, but can you blame one of them (community dev) for hedging their bets on a rising winner - wouldn't you? Who wants to commit all their time to what might be a dead/dying coin. I'd diversify - it's common sense.

I still think there's a chance CINNI might break out of this, but the other possibility to worry about is that it turns into a ZEIT with low transaction volume, at risk of being delisted:
https://www.mintpal.com/market/ZEIT/BTC