Whats happening in faucet still faucet is off.. Any update guys about the faucet? Looks like they have no plan to open it again..
If they dont open again the faucet for distribution then this coin will probably die, remember that only around 4% of the total are distributed so far so the 95% will be owned by the dev team
If faucet not open again hope dev will burn that coin
so 4% of total distributed now become 100% of coin
On my view, its not good to burn 96% of the supposed to be total supply else too many people will lose hope for the coin. We all know that most people here are only interested because of the distribution by captcha but what if there is no more captcha? Maybe only less than 10 people will be interested
"but what if there is no more captcha? Maybe only less than 10 people will be interested"
agreed. imo, the market got too speculative so he slowed it down by disabling the faucet for now.
remember when the faucet opened you got 1000 coins, with no timer on faucet, str8 to your wallet
i actually had messaged the OP and told him it seemed a bit much asking if it was a timer bug and he told me
"nope, feel free to claim as much as you want."
well here we are now and who would have known he was giving 1000's of dollars away?
so i think it got too popular and speculative, and he slowed it down ;p
course just my guess haha