I personally hold xx,xxx amount of coino and have been mining and buying it since launch day. I have NO PLANS on dumping and neither should anyone else. This is a strong, hold-it-long-term type of coin. I truly believe in this particular coin because of the great dev team, the growing community behind it, and the awesome specifications of the coin, with it being a very fast coin.
I honestly believe this coin will displace Litecoin as the predominant "silver to Bitcoin's gold" coin of the future. Litecoin is still a slow coin and there has been a steady decline in its value since the spike last year, probably because coins like coino have come out and prove a much better model.
With the fundamentals of coino being good, there is no reason to believe the devs are out to make a "quick buck" or the top players in this coin (like myself) out to hoard then dump them as soon as it hits cryptsy. I personally plan on selling NO MORE than 10% of my coino holdings and keeping the rest super long term (PM me in 5 years and I will guarantee you I will still have a large holding of coino at that time). Way too many short-sighted people around here, especially with all the meme/celebrity/gimmicky altcoins flooding the market in recent weeks. It's nice to finally have a real, solid, professional coin.
Keep up the great work, coino.org.
edit: grammar
I totally agree with you BUT I just / really hope it will not take so long to rise value
....
Unfortunately it will
If you decide to mine a new alt-coin you will find the hype great at first, lots of hopes and expectations of the initial community to get it listed on an exchange etc etc.
But the reality is, once it does get listed on one or more exchanges and people become aware of it, they will do their best to turn an instant profit. That means "pump & dump".
Don't think of this as a negative, rather think of it as something that should be expected with alt-coins and Coin(O) is no different in this respect.
A lot of us who have been here, literally from day one, could have sold when it first got listed and paid off the electricity bill required to mine the coin and turn a small profit.
What will make Coin(O) a winner will happen over the longer term. This mean services, fun, the community and not least the dev's. Up until now the dev's have been great. We have a really GOOD community here and EVERYTHING about coin(O) looks and feels so much better than the other alt-coins and that includes Litecoin.
Just look at the early dumpers as a perfect opportunity for you to acquire more coins at a bargain price
So far we have a great community whom are buying up these cheap coins and committing to holding on to them for the foreseeable future.
There are going to be some great announcements regarding Coin(O) in the coming weeks and month which will only have a positive affect on the price. I said early on in this thread that there can only ever be 100 coin(O) millionaires in this world, the reality is there will be less than this.
Coin(O) is only 2 weeks old and look at what we have already :
1. A great community
2. A great community designed logo. In my opinion one of the best of ANY alt-coins
3. Constant engagement between the dev's and the community
4. Probably the most friendly and helpful pool owners you will find anywhere
5. A commitment that the 2 million pre-mined coin will be put back into the community through promotions and give-aways over the next 2 years.
6. The coin(O) team doing their best to promote this coin and make it a true contender for one of the top 10 alt-coin spots
And there are probably another 10 points I could list, but that's not important at the moment. What is important is how YOU and the rest of us feel about coin(O). Because WE are the only ones that can ensure Coin(O) has a rosy future.
Forget the dumpers, forget the nay-sayers I for one am going to be the last member of this community to sign off if I have to be. It wasn't all over with Bitcoin, Bitcoin was just the beginning, the appetiser so to say, the future is yet to come and if we ALL get behind Coin(O) there is NO REASON WHAT SO EVER that Coin(O) cannot at least displace Litecoin as the #2 contender and possibly even the preferred coin for online transactions.
