not happy about cgb
i bought at $3 lost a lot of money, how come value is so low where is the corporate marketing campaign ? u have to move fast
Marketing is ongoing with Facebook clicks and Google Adwords at about $500/month out of my pocket.
It was effective at first and CB was a top ten coin for awhile but has fallen out of favor for the most recent fad of animal coins and planet coins (lol).
Given the obvious fickleness of the crowd and network effect, I doubt marketing will have any resounding effect at this point. Only development results and the expectation of a growing network effect and ecosystem.
I have decided to spend less time on the forums recently because I'd rather spend my time researching/developing. Plus, I admit I'm a bit annoyed/disillusioned of how nonsense scrypt coins based on animals/planets/whatever catch fire and are instantly added to exchanges like Vircurex...it's 'funny' for lack of a better term.
And greed is infecting all kinds of projects now, like Zerocoin, which the heads of the project announced they will release their own coin with zerocoin anonymity built in from the start. And the head developer said something like "If people will put their money into DogeCoins then they'll put their money into anything..."
But CB is a community project like any other crypto currency. And everyone's contribution will add to the CB network effect and ecosystem. And regardless of being named after animals or planets or whatever, if the network effect is there then there is value. So I can belittle this whole DogeCoin nonsense all I want but the fact is that its network is fucking huge already.
Like I said on my Twitter feed, all I can do is just keep grinding along and eventually things will sort themselves out.
I agree that at this point, spending money on adwords isn't worth the cost. It's time to focus efforts and energy on developing new functionality that will drive CGB's market cap beyond the flavor of the week fad coins. The network effect is a strong force, but at some point the fundamentals will catch up to the pumped up altcoins that offer nothing unique.
I am a long term believer in CGB and will continue to add to my position at these rock bottom prices. Once we see some positive results surrounding madesparq, I expect to see a move up.
Keep your chin up Merc and stay the course. Good luck to all!
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