Yah, that takes about 150-200 Hawaii GPUs. It's not very likely but it's possible that somebody who owns that much hashing resources and hates cats has nothing better to do but kill CAT coin.

It's not that bad. In this very moment, it's exactly half as profitable as DOGE.

Yes, and yes.
I lost some coins there too before I switched to coinium. The pool went rogue and those blocks got orphaned later. When they detected this problem, the pool switched to "maintenance" mode for a while.


By the way. Does the current state on exchanges looks like there was an inflation?

Let's wait another block and compare them again after that one is finished.
But I wouldn't be surprised if every major players could have made their own versions of CAT coin by now. LOL.
How do you make sure if a pool work on the right chain?


Looks like we share this dream.
I fed my CATs with DOGE and MOON coins.

The currently calculated block is 20290, 20289 is the last finished block.

I am actually having fun (yes, by acting like a moron). LOL. You just refuse to join me.

I actually have zero open orders right now on every exchange sites. I sold nothing in the last 24 hours and I don't really plan to sell anything in the next 24.
You created a nice bubble. I want a piece of it if nothing else (before it explodes, of course).

Let'C.
If I dump the coin anyway, it doesn't hurt if my loss is minimized. I just can't be optimistic about CAT anymore.

I doubt you bought those CATs just now. I have more "Points" than you and I always dump "Points" asap.

Why exactly?
I think we will see a 0.00025 kind of price very soon when multipool+autosell starts to roll over.

Thank you zerodrama. You actually made this a drama.

The fork is precisely an engineered inflation, no more, no less. This is a fact, regardless if it grants a beautiful feature for the coin instead of a certain death, or not.

Yes, after the changes are made, there won't be any more inflation and inflation won't be the right word anymore. But it is now.
The coin will accept and build in the inflation which is already happened. But instead of a random, natural and temporal inflation, it will be engineered and permanent.

This way, my loss isn't just blind luck anymore, or the will of many thousands. It is a decision of a few (at the very end, actually a single) person.
This is relevant for me when I talk about how I feel about the coin.

So CAT coin waited ~4 days for the market to accept the price range which would make it profitable to mine before it bailed and accepted an inflation instead.



As a combined miner and speculator of this coin, I find this even more sad than a natural death.

I always knew and even said this publicly: This coin will either rise to the sky or entirely die out very fast.
I was ready to accept if the coin dies. But I never considered the possibility of an engineered inflation.

I will wait for an opportunity to sell all my CATs with a minimal loss and I will never want to hear from it again.

So, some people says they got private messages from the developer and he allowed them to act on their own.
Nice!
I just got an encrypted message after I signed an NDA, so I can't say anything more, but: Prepare for some unforeseen consequences!

So, the opening post still says nothing about any forks. Do you guys plan to create CAT/B on your own and try to convince everybody that your rogue fork is the canon or did I just miss the official statement from the developer?

Yeah... because a huge amount of fresh coins hitting the exchanges with AutoSell will cause the prices to rise. Aham... Right... OK! That WILL happen!
Now I will do a semi-panic-sell. (I won't sell everything for almost nothing but for a much less than I planned, way below the historical maximum.)

Why can't these location/nation independent coins simply use standard UTC time?

This is the first time I considered a panic sell.
But I will go to sleep instead.

If you ask me, most of the loud folks who rushed the forking and most of those who had <=0.006 buy orders on exchanges are the same people.

No, it's not yet.




No, I didn't know. Thank you for making me laugh.

Ok. Let's make a new tradition, here on bitcointalk, and fork at least one of the new coins every day!
On Sundays, we fork an animal coin. On Mondays, we fork the metallic ones. On Tuesdays..., no wait... we can't fork on Tuesdays because we need to keep an open slot for actually new, pre-announced (and pre-mined) coin launches! On the other days, we let a lottery decide. Except on Saturdays, when we shall let the f@ked developer pretend like she/he decides.
Deal?

Shouldn't we at least vote or something ... like ... wait for the developer?
LOL.
I don't feel like a rat on a ship. I feel like the ship started to become thousands of rats which leave the ship I won't.

How can a coin be overpriced on a price which is too low to make it's mining profitable?
I don't think there is a logical explanation for this statement. It's completely illogical.