The value would go up if Papa Nutt cranked out some more media the way he did when the coin launched. Dogecoin rose up because of the strong on-line community, media, etc.
However that would draw in lots of miners and send the difficulty soaring. IMHO and I absolutely can't speak for the OP, but it seems like the strategy is to go real low key and let the early adopters mine huge chunks of coin without a lot of competition.
I can't argue with that; whales out there have so much hash that they'd just drive out the average miner. Even with X11 this is still an issue if someone has a room full of rigs with R9s. A coin like this actually gives those guys something to do with all of their obselete equipment since the ASICs are coming on-line.
This is a strange coin. I can only see one working official listed pool. (Tales is MIA and the Kryptochaos pool doesn't have any Juggalocoin miners last I checked. I guess there must be unofficial stuff going on ... ) It is really flying below radar. When people talk on other forums about X11 coins, new coins, etc. Juggalocoin is never mentioned.
I didn't do an IPO so my costs are electricty and cheap rig rentals: I'm in absolutely no hurry to sell. However I feel that there is no reason why this coin can't be up there in the top 5. A few more days of low difficulty mining like this and I'll be in a really nice spot if it jumps.
People always so quick to dump coins. There's already about 1BTC of sells below IPO price. No patience for growth in the crypto world anymore.
