Re: [ANN][CRAIG] CraigsCoin | Decentralized classified ads

Let's hear what people are guessing the final ICO price will be. My guess is 850 sat. Anyone else wanna play? Almost tempted to make a poll on Betmoose.

I'm going with 1500 SAT. I expect a lot of last minute buying which should drive the final price up.

The problem with every ICO/IPO is that the dev can buy their own coins. No one can stop it. It even happens on the largest stock markets.

I'm hoping the "devs" or the "devs" friends don't have enough BTC to buy out all 1000 BTC of the ICO on the last day.

The product looks great. Way better than any other coin. My guess is that this coin will sell out and short term the coin will be selling for cheaper than ICO price. If the devs stick with this coin it could be a $500,000,000 marketcap coin and we would all be looking at a 100,000% increase on the investment

it may only sell cheaper if some pump and dump groups will arrange a coordinated fud attack on craigscoin right when the trading is available to shake out some cheap coins. If they decide that ICO price is too cheap (it is pretty cheap as of now) they will just accumulate coins during the end of ICO and then start to pump. Also depends on dev, what updates he'll be able to deliver during that time. Very hard to predict what will happen. Anyways it would be smart to buy some coins during ICO if you feel the price is cheap

I'm sure I will be able to stop this sort of FUD attack simply by deleting FUD posts.

That won't work, people quote the FUD and it just spreads. You have a good idea here; if you execute it could be huge. This means a mass troll attack from the moment trading starts. Jealous coin communities will attack, whales after cheap coins will attack, random idiots will attack. You are going to take major hits for "violation of the Craigslist trademark". If you delete posts you are "hiding things". You were involved in the Minerals coin. Any little thing that went wrong there will be used to prove you are a "scammer". If you don't have people answering questions on BCT 24/7 you will have "abandoned the community". The best way is to let the FUD fly, take some loss from weak hands and then dominate by execution and leave the trolls in the dust. Reach out to the big Twitter guys (IconicExpert, etc.) Wet their beaks and they'll say happy things on Twitter. If your coin is BTC level they won't dump.