I believe this is the best way to strengthen the community and counter the speculative whales. We can select the best coins and work together to let them grow!
If you want to help the community, you should be actively promoting the devs leaving these coins and letting them die.
We are spreading ourselves too thin, there is not enough money or hashing power to prop up the price of all these copycoins.
If we can reduce the number of these coins, that would be beneficial to the entire community.
What you are doing is only beneficial in the short term, but harmful in the long term.
If a coin is going no where, then its going no where and it needs to be put down.
Reviving it is just going to let the bagholders sell out, making a new group of people bagholders when the coin eventually flops again.
Although I agree that there are some coins that should be given a death sentence, there are other coins that have a very sound and stable foundation and could flourish if given a chance. That is what this foundation is about.
If a coin has been created that has strong charactoristics but the dev walked away for no reason at all, why should it have to die if there is a community willing to step up and give it a fighting chance. That is what this foundation is all about.
This foundation isnt about pumping up the price. Its about finding promising coins that have been abandoned for no good reason and giving support where needed. Then if the coin flourishes, awesome!
If a coin has a community behind it that wants to see it succeed then great, there will always be bag holders but if the community behind the coin is large enough, the coin will survive even if they dump.
Plus Im tired of hearing the term "copycoin"!
In the crypto currency world its not all about bitcoin. In a few years there is going to be many changes, bitcoin may stay on top but probably not. The first always paves the way but the strongest always follows. Crypto currency is still in its infancy. We are still a small community over all. Whats going to happen in the next few years is going to blow our minds. We are fortunate to be involved so early. In a way we are creating a revolution.
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