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Author Topic: [ANN] [COV] Coven [33k Coins/3%POS]  (Read 32546 times)
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drakoin
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May 06, 2015, 03:37:42 PM
 #541


I exited in 3 days with huge profits. I knew this would happen.
Please put some of that aside, and donate it to the next team once it has formed.

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drakoin
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May 06, 2015, 03:38:21 PM
Last edit: May 06, 2015, 04:09:22 PM by drakoin
 #542

Takeover Status:

Well, I already gave up about 200 coins. Will send another 200 or 300 to someone who decide to take it over.

I'll give 100-200 as well...

I will donate for redevelopment

I will donate  100 cov for redevelopment

I pledge another 60 COV... to the next Dev.

Who else?
(sorry if I have overlooked you. If you want to appear here, please say a number, COV or BTC)

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drakoin
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May 06, 2015, 04:03:20 PM
Last edit: May 06, 2015, 04:19:19 PM by drakoin
 #543

Reasons to dump:

  • new blocks are stuttering still. But perhaps the solution was mentioned already??
  • bagholding is painful
  • takeovers sometimes do not work out
  • the future is unknown
  • there are many other coins out there

Reasons to stay:

  • already at yobit and bittrex
  • block explorer exists & is paid for 1 year
  • coin is working, average block speed is ~50% of bitcoin
  • small community has formed, and the name is cool especially for a team coin
  • old dev transparently offers transfer
  • Coin Supply 33611 COV

To explain what the last point means to me:
The current marketcap of 3500 dollars says ... if COV ever enters into the Top100 on CMC (where on rank 100 is VIAcoin at the moment with $108,085) ... it could mean a 30fold increase in price. This is one of the most speculative things I have ever taken part in. Part of my fascination why I just don't want to let go.

What else?

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ramtony
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May 06, 2015, 04:05:20 PM
 #544

Takeover Status:

Well, I already gave up about 200 coins. Will send another 200 or 300 to someone who decide to take it over.

I'll give 100-200 as well...

I will donate for redevelopment

I will donate  100 cov for redevelopment

I pledge another 60 COV... to the next Dev.

Who else?

just so you have a figure I will donate 150
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May 06, 2015, 04:29:31 PM
 #545

I will donate 200 but tell me where and who will search for new dev
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May 06, 2015, 04:39:55 PM
 #546

I don't have any coins to donate and I am not a dev.  I mined in the beginning, because I thought this project has promise.  I think it still does and I will support however I can.  I am sure there is a dev out there that would take this on.  I will ask around and see if I can find one.
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May 06, 2015, 04:45:19 PM
 #547

I don't have any coins to donate and I am not a dev.  I mined in the beginning, because I thought this project has promise.  I think it still does and I will support however I can.  I am sure there is a dev out there that would take this on.  I will ask around and see if I can find one.

nice one, and hopefully we might find a dev with some credibility instead of some of the nobs that have released coins recently  Grin
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May 06, 2015, 10:37:21 PM
Last edit: May 06, 2015, 11:05:55 PM by zing96
 #548

I floated the takeover idea to a couple people who I think could do it.  It's a slim chance, but a chance nonetheless.  Thanks to the dev for being forthright and not just bailing without telling anyone.
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May 06, 2015, 11:40:41 PM
 #549

I hate to be that asshole but a takeover will never work for this coin.  It was a poor project to start with and now it is dead with a VERY small community of bagholders.  Even with a new dev no one new will come in and buy this now.  At the current price there are not enough coins maintain the network and proper trade volume on Bittrex, so unfortunately it is going to bleed out and be removed.  

Honestly, the time commitment required to bring this project to life is not worth the pennies you might make from saving it.  Just let it die and learn from your mistakes.

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May 07, 2015, 12:09:27 AM
 #550

I hate to be that asshole but a takeover will never work for this coin.  It was a poor project to start with and now it is dead with a VERY small community of bagholders.  Even with a new dev no one new will come in and buy this now.  At the current price there are not enough coins maintain the network and proper trade volume on Bittrex, so unfortunately it is going to bleed out and be removed.  

Honestly, the time commitment required to bring this project to life is not worth the pennies you might make from saving it.  Just let it die and learn from your mistakes.



Exactly. Spoken like a true prodigy. I knew dev was incompetent from the start.
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May 07, 2015, 12:26:36 AM
 #551

I hate to be that asshole but a takeover will never work for this coin.  It was a poor project to start with and now it is dead with a VERY small community of bagholders.  Even with a new dev no one new will come in and buy this now.  At the current price there are not enough coins maintain the network and proper trade volume on Bittrex, so unfortunately it is going to bleed out and be removed.  

Honestly, the time commitment required to bring this project to life is not worth the pennies you might make from saving it.  Just let it die and learn from your mistakes.



yes it is true,, coven dead, abandoned dev returning from a hangover #RIP
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May 07, 2015, 09:36:45 AM
 #552

I hate to be that asshole but a takeover will never work for this coin.  

Yup.. I also believe it will not work. I raise my donation to 500 coins. Smiley

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May 07, 2015, 11:36:43 AM
 #553

I hate to be that asshole but a takeover will never work for this coin. 

Yup.. I also believe it will not work. I raise my donation to 500 coins. Smiley


It's probably dead but I sent out some emails yesterday anyway! I offered 500 COV personally and said the community can probably raise another 1000 COV...do Not get your hopes up! we will see...
Hyperjack

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May 07, 2015, 11:40:29 AM
 #554

I hate to be that asshole but a takeover will never work for this coin. 

Yup.. I also believe it will not work. I raise my donation to 500 coins. Smiley


It's probably dead but I sent out some emails yesterday anyway! I offered 500 COV personally and said the community can probably raise another 1000 COV...do Not get your hopes up! we will see...
Hyperjack


So with my 500 and your 500 +300-400 more from other people we have 1400 coins which is about 4.5% of entire supply.

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May 07, 2015, 12:33:02 PM
 #555

I hate to be that asshole but a takeover will never work for this coin. 

Yup.. I also believe it will not work. I raise my donation to 500 coins. Smiley


It's probably dead but I sent out some emails yesterday anyway! I offered 500 COV personally and said the community can probably raise another 1000 COV...do Not get your hopes up! we will see...
Hyperjack


So with my 500 and your 500 +300-400 more from other people we have 1400 coins which is about 4.5% of entire supply.

I don't think we should settle for some average dev jamoke! Let's wait and see what happens in the next few weeks...I know the best are tied up right now with urgent projects! We will have to wait it out or dump if your not comfortable with holding...
Cheers  Cool

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May 07, 2015, 05:33:01 PM
 #556

let's wait always lead to dead coin

let's organize community! find a great dev and takeover the idea.

i'm preppare donate 500 COV! to new dev and takeover cov coin

i'm tired of noobs and scam people!
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May 07, 2015, 05:49:20 PM
 #557

let's wait always lead to dead coin

let's organize community! find a great dev and takeover the idea.

i'm preppare donate 500 COV! to new dev and takeover cov coin

i'm tired of noobs and scam people!


Sounds good! That makes 3 of us at 500 each plus whatever anyone else wants to donate for the new dev!
We have no choice but to wait because the best of the best is tied up right now...so people can be patient or dump but I will not settle for an average dev for the sake of time!  Cool

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May 07, 2015, 06:04:06 PM
 #558

The problem is that COV isn't worth anything, so why would any REAL dev accept a bounty in COV?  They would either take BTC, or just start their own shit coin rather than clean this mess. 
Hyperjacked
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May 07, 2015, 06:22:14 PM
 #559

The problem is that COV isn't worth anything, so why would any REAL dev accept a bounty in COV?  They would either take BTC, or just start their own shit coin rather than clean this mess. 


Yea your right! Move along prodigy...see you on the next big thing. Grin

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May 07, 2015, 08:15:55 PM
 #560

I leave my Coven wallet running 24/7 to improve the network.

Donations welcome: CTUya6iLHToR8EVNWqdZVQ1oc2P6CSX1PN
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