[ANN] [CHC] Chaincoin - Network Upgrade 16.3 - SegWit Activated

[sotarules]

Random was talking about forming a group that would democratically select more coins with great features, research the hell out of them, talk about them, then agree to buy-and-HODL them together as a group.




If I have learnt anything from this HODL movement it is that it doesnt work, because the "HODL community" only makes up say 10% of the price action, the other 90% is made up of whales, profit takers, and randoms following trending coins from coinmarket.cap. So when the market runs in either direction most people will do what comes naturally, buy into FOMO and sell on FUD.

1.Buy into the coin because some dude pumps it with a cult following.
2. You probably brought once it started to moon, or even at the top.
3. Everyone who isnt part of the cult checking trends on coinmarketcap throws in a bunch of money, it moons further.
4. Everyone suddenly realises a shitcoin with no roadmap aint worth 6 dollars.
5. Everyone cult and non cult rushes for the exits and the price dumps faster in 6 hours of brown pants action than the 6 days of fever pitch excitement it took to get there.
6. Oops you HODLED, now shitcoin x has reached its true value and your trapped having paid more for it.
7. Enjoy your bags, and preach the virtue of the coin so it gets pumped again so you can hopefully generously pass your bags onto some other sucker.
8. Listen with growing excitement as your guru preaches the value inherent in another coin, Linda.
9. The same mistakes cant happen again. Because this time its different. Power of community bro.
10. Repeat steps 1 to 9.


Wake up and dont buy coins that your guru loaded up on before he decided to generously let you in on the offer.
Dude wants to show his CHC balance to verify hes a HODLER and didnt pass 30k chaincoin onto his bagholder following. But he cant cos hackers, trolls, and ...dont want to be proven to be a scammer.

Faeryl, I actually agree with this, this is pretty much dead on.  It is a little humorous but sad too.

I agree with your conclusion that HODL community doesn't control enough CHC, but I'm hoping that as time goes on, we eventually will after all of the other parties dump or do whatever they're going to do.  I'm holding out hope as the masternode count keeps increasing.  The way I'm looking at it, coins locked in masternodes can be considered as HODL-controlled.

So my recommendation to HODL community at large is to do this: when coin reaches a good price (to each HODLer his own), buy a little using dollar-cost averaging.  I'm hoping that with this approach, we can collectively "soak up" the coins until we reach some critical mass.  I'm not sure what that mass is, but probably something like 50%.  At that point, we have a chance for the price to hockey-stick because there isn't any supply.

[sotarules]

Random confirmed that he has been in touch directly with the lead Dev, and he said has no intention of quitting, he's still strongly behind CHC.

Also, Random said forget LINDA (actually he used stronger language), and explained that no one even knows anything about whether LINDA has been pre-mined and so on.  He did concede that he bought a little bit of LINDA at 3 sat and sold at 5 sat, but he's out, and he said that LINDA is the exact opposite of the kind of coin we should be focusing on.

Random is bullish on CHC, and he says hes going to accumulate more if it falls further.  He thinks that if we HODL, six months from now we'll be glad we did, and people not in the coin will be disappointed.

Random was talking about forming a group that would democratically select more coins with great features, research the hell out of them, talk about them, then agree to buy-and-HODL them together as a group.

BTW Random's address was very helpful and refreshing, I think he speaks for the HODL community at large. 

Yes, but there's one major problem here...

... Random is an absolute halfwit, and anything he says should be disregarded as if it were the ramblings of a child with learning difficulties.

Just saying.

I think I understand what you mean, Random does have a kind of youthful exuberance, and he seems to sometimes trip over himself like a puppy trying to find his legs. Yet, I do trust Random. If he is a scam artist, then he would be one of the best con-men I've ever seen in my life.  I just don't think you can fake the emotional roller-coast ride that he has gone through with CHC, on the air, with his followers. 

[Faeryl]

At that point, we have a chance for the price to hockey-stick because there isn't any supply.


Jolly good so you hold all the supply. the other side of that equation is DEMAND.
What is the demand for chaincoin, why does anyone want it? apart from nodes.


But whats the real life use for anyone wanting to get hold of that last chaincoin? why does anyone want it?
theres 15 million locked in nodes producing chc or charging chc for transactions....
but wait theres no transactions because no one is mining chc or spending chc, or doing anything other than locking it up in nodes.
and if mining produces the chc that nodes get rewarded, when no one is mining the nodes arent even gonna payout.


There needs to be a use for chc other than scarcity by locking it into nodes and it just isnt there.

Its a speculative vehicle that had its day..and might pump a little here and there.

[sotarules]

At that point, we have a chance for the price to hockey-stick because there isn't any supply.


Jolly good so you hold all the supply. the other side of that equation is DEMAND.
What is the demand for chaincoin, why does anyone want it? apart from nodes.


But whats the real life use for anyone wanting to get hold of that last chaincoin? why does anyone want it?
theres 15 million locked in nodes producing chc or charging chc for transactions....
but wait theres no transactions because no one is mining chc or spending chc, or doing anything other than locking it up in nodes.
and if mining produces the chc that nodes get rewarded, when no one is mining the nodes arent even gonna payout.


There needs to be a use for chc other than scarcity by locking it into nodes and it just isnt there.

Its a speculative vehicle that had its day..and might pump a little here and there.

Regarding why does anyone want it, I think the same might be said about DOGE.  It is the community behind the coin that is the difference here.  It isn't a matter of the features of the coin.

The CHC community thinks it has value and they're willing to lock it up.  So, it can be used as a store of value, or for anything that a coin like DOGE can be used for, but unlike DOGE, our supply is very limited.

Our coin is very DASH-like, so perhaps we can be seen as the "Litecoin" counterpart to DASH. That's really a good possibility, we have the beginning of that momentum.  I would focus on getting CHC accepted at POS, so for example, you could buy Starbucks coffee with CHC.

If I were in a position to lobby the coin, I would try to get it on Shapeshift.io and also one of the currencies in the Jaxx wallet.

[Faeryl]

Nobody in the chc community is in a position to lobby the coin.

And doge might not have masternodes and its not even a dollar. its not going to $100 per coin anytime soon.

Just like CHC.

The altcoin world is a very unforgiving place, and ive learnt some valuable lessons along the way, CHC was instrumental in opening my eyes.

I just saw a video of one of the synx movement leaders shilling for HODLing when hes got fricking sell orders on his screen denoted by asterisks for gods sake.

Physical proof hes dumping and not hodling.

Not sure if I am allowed to link here or not, ill remove it if its not appropriate

https://steemit.com/cryptocurrency/@ashr/pump-and-hodl-scammers-revealed-on-video

[apepis]

chc will up again ?

[cryptoninjapanda]

chc will up again ?

Yup very soon. CHC is currently exchanging hands from guys who buy high and sell low to guys who buy low and sell high When the first group is out of CHC then the second group the one that buys low will wait for the price to go up. Then they will again sell high to the guys that buy high and sell low and the cycle will repeat it self.

[oldcoinguru]

anyone seen oldcoinguru lately? Would like to chat with him.

I'm here.  Just staying out of this drama. 
I hate drama. 

What do you think is the "real" supply is now?

 
That's really hard to pinpoint.  It's a coin that has been around for a long time and I don't know of any methodology to take into account how many coins may have been lost due to wallets that have been deleted or forgotten.   
If I had to speculate I would say the actual supply is somewhere around 11,000,000.   2,029,696 were burned.  2,000,000 are likely lost forever.   The coin goes back to 2014. 

[frostminer]

anyone seen oldcoinguru lately? Would like to chat with him.

I'm here.  Just staying out of this drama. 
I hate drama. 

What do you think is the "real" supply is now?

 
That's really hard to pinpoint.  It's a coin that has been around for a long time and I don't know of any methodology to take into account how many coins may have been lost due to wallets that have been deleted or forgotten.   
If I had to speculate I would say the actual supply is somewhere around 11,000,000.   2,029,696 were burned.  2,000,000 are likely lost forever.   The coin goes back to 2014. 

Ive seen some of the top wallet not been touched for years...
id guess 10-12 million of the 15 still "accessible".

[gottabit]

anyone seen oldcoinguru lately? Would like to chat with him.

I'm here.  Just staying out of this drama. 
I hate drama. 

What do you think is the "real" supply is now?

 
That's really hard to pinpoint.  It's a coin that has been around for a long time and I don't know of any methodology to take into account how many coins may have been lost due to wallets that have been deleted or forgotten.   
If I had to speculate I would say the actual supply is somewhere around 11,000,000.   2,029,696 were burned.  2,000,000 are likely lost forever.   The coin goes back to 2014. 

Ive seen some of the top wallet not been touched for years...
id guess 10-12 million of the 15 still "accessible".

oldcoinguru saw that 8 of top 20 didn't even flinch during this heavy price-action in 2017.  I think it was around 1.8M.  If you had to speculate were these just miners who gave up, especially after the BARR burn?  I would imagine some day some math wizard will come up with a formula that would approximate an estimated supply count based on probability.

[Victory33]

chc will up again ?

I doubt it will reach high price in the near future. It was a very big pump (I think even true CHC supporters admit it, that it was a pump), investors who bought on top of the pump will learn their lesson I guess

[KingLOL]

chc will up again ?

I doubt it will reach high price in the near future. It was a very big pump (I think even true CHC supporters admit it, that it was a pump), investors who bought on top of the pump will learn their lesson I guess

this coin where below 0,01 and went up to 6+ dollars. this is a plus og 6000% and more. then it dumped back to 0,35 and it went back up to 1,50 and its now at ,80. this are pre pump signs....you will e that it will be at 12 dollars at least before end of the next week

[Delovoymotiv]

12, you overdid it) I think $ 4, 7 if you're lucky) 

[notbatman]

^^^ $65 

[m33]

wow ill be happy with 2$ , not asking for much but wish it would fly agaun soon , to the moon guys HODL HODL HODL

[coingrow]

Random was talking about forming a group that would democratically select more coins with great features, research the hell out of them, talk about them, then agree to buy-and-HODL them together as a group.




If I have learnt anything from this HODL movement it is that it doesnt work, because the "HODL community" only makes up say 10% of the price action, the other 90% is made up of whales, profit takers, and randoms following trending coins from coinmarket.cap. So when the market runs in either direction most people will do what comes naturally, buy into FOMO and sell on FUD.

1.Buy into the coin because some dude pumps it with a cult following.
2. You probably brought once it started to moon, or even at the top.
3. Everyone who isnt part of the cult checking trends on coinmarketcap throws in a bunch of money, it moons further.
4. Everyone suddenly realises a shitcoin with no roadmap aint worth 6 dollars.
5. Everyone cult and non cult rushes for the exits and the price dumps faster in 6 hours of brown pants action than the 6 days of fever pitch excitement it took to get there.
6. Oops you HODLED, now shitcoin x has reached its true value and your trapped having paid more for it.
7. Enjoy your bags, and preach the virtue of the coin so it gets pumped again so you can hopefully generously pass your bags onto some other sucker.
8. Listen with growing excitement as your guru preaches the value inherent in another coin, Linda.
9. The same mistakes cant happen again. Because this time its different. Power of community bro.
10. Repeat steps 1 to 9.


Wake up and dont buy coins that your guru loaded up on before he decided to generously let you in on the offer.
Dude wants to show his CHC balance to verify hes a HODLER and didnt pass 30k chaincoin onto his bagholder following. But he cant cos hackers, trolls, and ...dont want to be proven to be a scammer.

I couldn't believe the prices that I was seeing for Chaincoin. How can people be so damn freaking dumb? Pump & HOld, like seriously. And all those who had lost money trying to catch the rise of this particular coin deserved to loose so that they can take a lesson and not repeat it again. For God's sake, even the dev had abandoned the project few years back. INSANE!!

[silvermetal]

]I couldn't believe the prices that I was seeing for Chaincoin. How can people be so damn freaking dumb? Pump & HOld, like seriously. And all those who had lost money trying to catch the rise of this particular coin deserved to loose so that they can take a lesson and not repeat it again. For God's sake, even the dev had abandoned the project few years back. INSANE!!

With the dev you mean rolihlahla?

Rolihlahla didn't abandon the project, he is part of this scamgroup and also profit with this pump. He pretends he is still active and did a minor update at github at 17JUL17. It is about the same tactics he used with his other created pump and dump coins for example zetacoin (as giskard) and Quark (as maxguevara).

Rolihlahla also cooperates with the same scamgroup* at UNO (as WillowRosenborg or Bryce Weiner).

* Actually it is only one person with multiple accounts https://bitcointalk.org/index.php?topic=299308.msg10667896;topicseen#msg10667896
With this post I noticed the same person is active at chaincoin:
https://bitcointalk.org/index.php?topic=422149.msg20287135#msg20287135

[arrayboy]

This doesn't look good???

https://steemitimages.com/0x0/https://s9.postimg.org/j57whxg33/Screenshot_174.png

[dreaman]

qq group:296176443

[oldcoinguru]

This doesn't look good???

https://steemitimages.com/0x0/https://s9.postimg.org/j57whxg33/Screenshot_174.png

It doesn't look bad.  The top 25 wallets include the 13.24% that was burned and Cryptopia wallet at around 12%.  That's about 43% of the top 25 wallets.