Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DCM] Digital Commerce 1.35 Mil coins 100% POS/Soon Anon/Accounting wallet.
by
Wallenstein
on 20/06/2014, 07:18:13 UTC
How does something like RZR start out on Bittrex today and it's over 100k satoshi?  2 million total coins (currently just over ~769,000), an anon feature utilizing the TOR network.  And we are at 3k satoshi.  Something just is not right with that.  How are we not higher, and why is there no buy support for DCM?

Probably a combination of a mistrust of ipos, very little hype, and Bob.

If the devs had more to show right now as far as a marketplace or planned features, it could get around some of those issues, but it'll take time.

I also wonder if it's an inherent problem with some of these ipos, especially exchange run ipos. After the success of XBC, a lot of people probably were looking for quick profit. And those that hung on too long eventually dumped when things didn't turn out as well as they had planned. So I guess add in the 'pump and dump' mindset which probably was a large portion of the ipo investors as one reason the coin's price is where it is right now.

Well, I think the idea of using TOR is at least creative. Ultimately it's a smoke screen though because if you think that TOR will protect you from seriously interested prying eyes (ie: government sponsored organizations) you're probably very wrong. So RZR is probably the hot-coin-of-the-week.

For what it's worth, we're also disappointed that there is virtually no market reaction to what we've put out so far. But we'll keep at it and eventually it will pick up. We are going down what I would call a "rational path"; if we do what we promised it really should result in major value gains. If it doesn't then you can probably forget being rational about the altcoin market and go back to chasing the hot coin of the week.