Post
Topic
Board Announcements (Altcoins)
Re: [ANN][0.8.6] Hirocoin - X11 - NGW - Secured Blockchain - Time Warp Limitation
by
tuvokcoin
on 05/06/2014, 22:46:07 UTC
The community can decide what to do with a common understanding of the issues. It is more complex than price. I would recommend we do a SWOT matrix to get on the same page.

http://en.wikipedia.org/wiki/SWOT_analysis

Internal Strengths
- strong and still active development team
- well designed coin with reliable operational track record

Internal Weaknesses
-interfacing with the community/lack of community influence ownership
-coin governance, direction, strategy
-profitable features that address market needs are not being identified (doesn't appear to be a roadmap)

External Threats
-price erosion through multipool dumping (oversupply)
-aggressive, active, highly motivated coin communities

External Opportunities
-many investors, and miners are not loyal so market share can be recaptured
-coin is still in its early stages so possible to hard fork without adverse market reactions (can't go much lower)
-miners "may" migrate toward cooler x11 coins

Many of you crypto-veterans may be more insightful so please add/enhance/clarify. If you can add value, it would help us all come to a consensus. At least it can help us think in a more structured way about Hiro.