Post
Topic
Board Announcements (Altcoins)
Re: [ANN][CFC2]Coffeecoin | New Bounties!
by
coffeecoin
on 17/07/2014, 15:38:51 UTC
How do you spell d.e.a.d. c.o.i.n.?

That depends on your definition of "dead". If by "dead" you mean it doesn't offer fast-paced short-term profits, (i.e. pump and dump) then sure, it's as dead as a doorknob for the moment. If you mean "dead" as in long-term developmental efforts have ceased, you are greatly mistaken. Honestly, I'd much rather see CFC2 distance itself from such an illegitimate scheme as a "pump and dump" and see it evolve into an economical powerhouse recognized for its stability and inherent value. As said in the OP, coffee is the second highest traded commodity right behind crude oil. The potential for massive gains is there, but a majority of crypto traders aren't interested in long-term holdings and profits. That mentality is usually reserved for actual publicly traded securities. One day worldwide laws and entities may encroach on the trading practices of crytocurrency exchanges to the point where only legitimate coins will prevail and law forbids the creation of scam coins and pump and dumps. Until that day, the plan to develop the infrastructure of CFC2 in preparation of that revolution remains in effect.

The revival committee does not want coins with premine more than 1% Angry

Our "premine" was distributed to the community to alleviate the shortcomings of our former software client, so it's not technically a "premine". As for the unclaimed coins, those are considered a "donation" by those that didn't want their coins or failed to make the deadline through no fault of my own efforts. That donation is publicly traceable through the Foundation wallet address, and a public ledger will be made available to the community because they are, in fact, the community's coins. As a matter of principle, a single satoshi will not be spent on something that doesn't add value to CoffeeCoin unless approved by the community.