Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [FRAC] Fractalcoin | **Added to Cryptsy** | X11 | Slingshield | % fees
by
earlz
on 07/08/2014, 16:33:56 UTC
Two different devs; same EXCUSES. If you are going to premine, then be responsible with the coin.

I feel sad for those who are still holding......

The devs probably don't need to change FRAC to POS. I don't think the problem is a technical one, but rather confidence.

Please show us your determination. BUY YOUR OWN CRAP on exchange with your own HARD-EARNED CASH, post the video of you buying it, publish the holding address in the original post and NEVER SELL. If this coin goes down, you people need to go down with it.

Since you all like to be analytical and write confusing posts, I'll give you a Chinese proverb to start with.

破釜沉舟

Put this proverb in the title of the video too and show us how much you are determined.


Quote
This may be true of copycat coins, which is most cryptos, but I got into fractal because of its innovations and such coins behave differently in my experience.
It's true fractal may never get the traction it needs, but if it does slingshield and the percentage-fees will ensure that the risk was more than worth it, IMO anyway.
To me it's a good investment, possibly because in the past I've done quite well buying innovative coins that nobody wanted, that later became extremely popular.

But everybody has to make up their own mind and I totally understand that.

I'm not talking about pump and dump. You need money to get the economy flowing.

For your information I invested into that first Japanese meme coin back in Feb when nobody wanted it; sold in March pump, bought back in June and rode the recent pump in July. It has no innovation but the services developed around it were very promising.

I respect your keen sense with innovations, however.


I'm sorry but none of us devs are sitting on a mountain of gold with which to pump artificially. We each are holding a semi-significant amount on the exchange, and the premine for each of us is still intact.

Not all coin developers have enough money to quit their job, focus only on the coin, and also have enough money to put significant amounts of money in the market. Also, even if we hit the top 10 market cap level, cashing out our premine would still only be around $50,000 for each of us. That's enough to allow each of us to live for about a year. If you think being an honest coin developer is at all profitable, you'd be wrong.