Nobody here pretends to know how things will turn out for any crypto currency. After all, if we did, we'd all me millionaires, right?

As I said, if the value of Cat decreases below the average to a tipping point; 0.0005 BTC. Then we can discuss a Hard Fork. Right now it's wavering between 0.0007 and 0.0008. I'm all in favour of constructive ideas, but only when the indicators are clear. Right now they aren't.

You forgot to ask for donations for research and development of the coin and a promise of a quadrillion megashares for every BTC donated times infinity to the right angle of a hypotenuse triangle.

Other than that, well done.

Considering the amount of coins there is to contend with, I think there's room for 3. Kitteh Coin is also doing very well. NyanCoin's only problem appears to be one of intellectual property.

Yep. They only stand out because all the crapcoins have vacuous OPs. These threads look more legitimate by comparison (which isn't saying much).

Oh look, they're hiring developers. They must be real, then.

The fact that you can join this forum and just in few days accrue tens of thousands of dollars worth of bitcoin by spending 30 minutes writing a post is incredible beyond measure. With no buyer protection whatsoever. This is the worst kind of gambling.

Ladies and gentlemen, we have reached that pivitol moment where Alternate Cryptocurrencies have finally jumped the shark.

Trolling by currency.

I'm not saying the idea should be completely off the table, but unless we see a daily drop in the average price of Cat on the exchanges then it would be premature. If it goes below 0.0005 then I would be open to the discussion of what would happen IF a hardfork to change the difficulty were to be implemented.

That's essentially my argument. Hashrate will drop, coins will become rarer, value increases on exchanges, hashrate will return. I'm open to a counter-argument to that theory.

Hardforking the coin could destroy any chance this coin has. If it gets to the point where the value of the exchanges starts dropping, then I would seriously consider the idea viable, but until then nobody knows whether or not prices will soar or drop, and forking in the middle of that uncertainty invites chaos. Waiting a little longer for such a massive decision is the wisest course of action.

There is a lot panicking going on which right now is doing more harm than anything else.

No, what I'm saying is it will take longer to adapt, because it is a new coin, and the early coin holders, relative to the amount of coins being produced, is disproportionate. Over time as their share of coins decrease to the amount of coins in circulation, the value will increase. This is the Scrypt version of Bitcoin in a world of crap coins.

Soon rarecoins will be so common they won't be rare at all.

First there were a ton of coins with high totals, and now we're beginning the trend in the other direction.

I wish coins would do something a little more unique than just tweaking the total amount of coins.

You're assuming the code is broken. It isn't. What's preventing the miners being all over this right now is the profitability, and what's preventing the profitability is the early miners who still hold a lot of coins. A lot of miners use multipools which automatically mine the most profitable coin. Because of those early miners on the coin exchanges holding down the market price, the coin's value is lower than it should be. Once the value goes back up, the profitability goes back up, and so the hashpower returns. The market manipulators can't keep it up indefinitely.

There is no inherent flaw with the coin. It's a Scrypt version of Bitcoin. The coin is brilliant and should never be changed. It's the behaviour of pump and dumpers that has put the coin in this phase. It is just a phase. As I've said and will say again, all coins go through phases, and FUD (Fear, uncertainty and doubt) is more harmful than anything else.

All coins go through ups and downs. This is a historical fact. The coin isn't even 2 weeks old yet.

Fix the faucet, get the payouts 10x smaller and I will donate CAT. I also know a few others who will also donate CAT provided the faucet is functional and legit. I'll know exactly how much they'll be putting in.

Judging by the behaviour on Cryptsy there are still some players with a lot of CAT trying to manipulate the market.

It's all very depressing. I see so many people on these forums investing in dust and thin air. Big amounts of money. It's like the new penny stocks and ponzi scams of the digital age.

I'm not going to go as far as to call you a liar, but unfortunately 99% people of the people with a backstory asking for donations are liars and scam artists.

That is by no means to suggest that I think you are one. I honestly have no way of knowing either way. Unfortunately you're in a sea of cynicism and distrust, and you'll have a difficult time, honest or not, of making any money from this.

Bitcoin by altcoin standards is a lot more stable. Most posts I've seen by other users who advise investing in Bitcoin suggest it as a long term investment. Years. Altcoins are highly volatile in comparison. If you can afford it, investing in Bitcoin when the price takes a dip, and then investing in altcoins at the same time gives you two different forms of investment opportunity. If I had a few thousand, I would feel safer putting it into bitcoin and cold storage than the meagre pennies I get in interest from my bank. At the same time I'd also want to be making shorter term investments in new crypto currencies and knowing when to hold and when to fold.

I hope you are holding them, You have quite a few coins, my friend. 

I really wish people would spend their money more wisely on coins that aren't scams or schemes.  We'd see a lot more growth in cyptocurrency if there wasn't so much scammery.

Things are going well. If the coin was really in trouble we wouldn't have the activity and interest we have. Once the dev gets back on track we'll be cooking.

- We've got a casino site that may be using Catcoin in just a few days.
- A faucet has finally emerged.
- There's an online wallet and being developed
- The coin is on 3 exchanges
- Multiple bounties for further development of services
- Several key contributors in the community
- Strong and unique coin - Scrypt version of Bitcoin
- High Volume of trading
- Scarcity
- Popular
- Fantastic coin name

This coin has 100 times more things going for it than it has against it. I think you have to take it all in context.

The reason it's where it is now is because most altcoins are just pump and dump instamines. This isn't one of those coins. It's a long term coin. That's why it's where it is. It's far more profitable in the short term to coin jump every time a new crapcoin is released. Catcoin is designed to have a longterm future as a cryptocurrency. Whether that design was intentional or not I don't know, but either way It's on a lot more solid footing than 99% of the altcoins out there.

The payout is much too high for the value of this coin. It needs to be 10 times smaller at least. 0.0009.

The faucet will never build up any coins at that rate.

This was discussed 10 or 15 pages back. It's called a Hard Fork, and it could pretty much destroy the coin. It would also remove what makes this coin appealing to begin with; a Scrypt version of Bitcoin. It's exactly because of the way the coin is designed that it is currently in the position it is in, however it is quite possible it will come out of this as an extremely strong coin.

What we don't need is all the FUD going on. Yes, the coin is going through a major phase, but panicking is just going to make people sell their coins below their value.

We don't need panic. We can't change the coin now. Sensible and rational debate, as well as promotion and continuing to support the growth of Catcoin is in order. This thread has shown that this altcoin is a cut above the 99%. Lets not run around like headless chickens at the first sign of a dip. All coins go through phases.