Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Syscoin - Business on the Blockchain
by
cryptodaknight
on 06/11/2014, 16:25:37 UTC
I think the price is falling because the developement is paused atm... I personally cant wait for UI implemented features. I think we cant get rid of trolls and scams, we can only fight them and avoid them...

Development hasn't paused it's just slowed down a little which of course a lot will agree is acceptable, this weekend we'll be pushing RC3 into the main production wallet and there will be some promotional work around that, we'll also bring you up to speed with the development of the android and iOS wallets for Syscoin.

Totally understandable considering circumstances.

One thing I noticed as someone mentioned blocknet on here, new big thing. This is the problem with cryptos, is the % gains people make in days or weeks is enough to make people dump say syscoin and buy into the new pump and dump, knowing they can buy back later cheaper if they wish. The pumpers and dumpers run this market, and when we get new people they lose their BTC and usually say forget it.

It's rinse and repeat this scam over and over. This is why good coins go down in value, as people see they can chase the pump and drain other coins, only those like myself that believe long term in this coin will stick around

So, that being said, is their a way to effectively get this coin into the hands of those outside of cryptos, in an easy effortless fashion. To effectively break this cycle is to reach out to those outside of community. It would be nice if companies like coinbase would sell some alts.

If we can get a new company or old to start taking alts for $$$ then we can start to break this cycle of pumps and dumps. Vault of Satoshi is only one I know of that does this, but they only serve Canada right now, we need to reach more nations.