SinbadGuthrie you really have no clue what your talking about your speculation without any proof of what you are saying is outrageous.
No one has hijacked and BitcoinFX, Bayareacoins and Higgins have worked very hard to keep this project going.
To be honest GAP is not about money it never has been so price is a secondary to the main purpose of the coin.
Do you have a clear understanding of the project a fundamental level I seriously doubt it by your previous postings.
Some things are way more important than "having a bag"
Have a think about what prime gaps are used for and you might gain a idea why this project could be groundbreaking.
Also it's a very small community there is no need for arguments if you want answers just ask like anyone else but stating things to be fact when you have no proof are unacceptable.
You are missing the point.
Gapcoin was made by somebody who wanted to start a small niche in the coin economy that would find prime gaps. In other words a small amount of the energy used to secure networks in the coin economy would be directed toward computing to find new gaps, previously unknown gaps.
At that point there were two possible directions the coin could have taken.
a) It could have been refined, step after step, in which case the 2020 coin would have little resemblance to the initial coin,
Or
b) it could simply stagnate with trivial code fixes etc.
Which direction it went was determined by the motives of the people on the network. The network consisted mainly of miners, investors etc.
There were several coins created around that time which used productive algorithms to do various things.
Primecoin looked for prime numbers and initially attracted attention because of its obvious usefulness. In other words bitcoins electricity simply disappears, but primecoins electricity leaves behind scientific data.
As much as people recognized the usefulness of primecoins productive algorithm, the main public focus was on mining and pumping. It became stagnant and was eventually hijacked by a pump crew for a revival.
Even before gapcoin there were a few Primecoin imitators which tried to issue a new version and pump it.
Several coins came out with a similar focus, doing things like folding proteins with their computing power.
~
When it was issued gapcoin represented a bit of work. It was not a complete clone coin like most coins that year. So it wasnt a huge amount of work, but it was some work.
Now suppose you are a scientist in 2020 interested in finding primes or prime gaps.
Would you use the existing coins e,g. Gapcoin and Primecoin?
Of course not. You could easily hire a few people to create a far more productive gap or prime seeking coin. A lot has happened in the coin economy since these coins were issued and there is a good reason why they are no longer supported except by bagholders, stakeholders.
It makes no sense to create an $x market cap coin to do something which ultimately is a function of its popularity or $ value, if 90% of its supply is distributed.
My suggestion was to start the coin on a path towards becoming a 2020 science coin.
I am not especially a scientist, but a person working on a science coin should try to act on motives that represent the coin. In other words if you want to support gapcoin you have to try to do what will make the coin most productive from the viewpoint of those who might have a scientific interest. Im not especially interested in prime gaps, same as everybody else on this thread, its basically just a prototype of a science coin, an early example.
My criticism of Graham specifically involves his trying to determine who should and should not be involved in gapcoin. He has the view that he is in charge of gapcoin because he is a coder and therefore he has a flock on this thread who should either follow him or leave. He is a competent coder but you can look at his work and see his focus is on competent coding and not on anything more meta than that. Bayareacoins likewise, a competent marketer without much sense of a bigger picture. Bitcoinfx has a better view but for whatever reason feels compelled to not stray from the group.
In general, coins, the coin economy, has been hijacked to serve coders.
All of the money flows in a direction that supports the view that coders manage policy, and that problematic path is maintained by people, as on this thread, who imagine that their views have more value because they can code.
Its the same thing you see in a lot of industries.
Look at the police. Law enforcement in the U.S. is run by the police, police unions, etc, so its purpose is to serve police. I remember the original NYPD blue flu seasons when they would demand more money then call in sick en masse until they got a massive pay increase.
Look at big Pharma. Its run to provide as much cash as possible to its stakeholders with only superficial respect paid to medicine. They know they have to do a bare minimum of real development to make money, but their main product is diseases not cures.
TLDR There is plenty to read. Please continue with your development of gapcoin. I will avoid responding to anything on this thread that is not directed to me, so you can develop without interference.