Post
Topic
Board Announcements (Altcoins)
Re: ★★★★ [CAIx] ★ 100% PoS ★ CAIx Foundation is now live! ★★★★
by
vvvortex
on 09/06/2014, 15:18:13 UTC
Not really sure why some people are making such a fuss.

CAIx has a dedicated foundation of good well-known people. It has projects underway and it will have a price stability program that will eventually keep the price at > 460k.

Other coins have nothing, or at best a dev with no plans.

I feel okay about backing CAIx. The price is currently low, because we're all waiting for things to happen. There's nothing unusual about this. Just chill out. Or sell your CAIx and play something else. Moaning at the current team, when they are doing a lot of great things for this coin, is rude and pointless. Rome wasn't built in a day.

I agree.  If you look at nearly ALL coins on MintPal and a lot of other exchanges, you see the same pattern.  BTC has seen a recent resurgence and people are cashing out slowly from all altcoins, not just CAIx.  Look at XC, DRK, BC, all of the popular coins, and prices are sliding.  What happened to Doge, and AUR, and 365, and all other flavors of the day/week?  There hasn't really been any big pump/dump cycles in awhile, so altcoin trading "excitement" just isn't there atm.  When a group or two decides to start the cycles again, then interest in altcoins will crest again, any you'll see more volume.  I swear, people "investing" in these coins are upset that there aren't daily 100% swings in coin value and double-digit daily profits.  At least CAIx has a viable gameplan and future model, with a solid Founder and group of Devs.