Question : why free distributed coins fall quickly i look back i found Energy coin is the only one strive to stand up ?
is this refer to the market itself or the users who hold the coin or..
because people are morons (lame answer, I know
)
The problem is that you hand up free coins expecting people will keep interest in the coin, however as soon as the coin gets some value, the vast majority just dump them for btc (which price was a little higher back then...) and at COMM peak value, the share you got from the distribution was way over a btc... many just went to that...
There was also massive trolling and people starting to lose interest... Actually the main problem was that it went to big exchange way too fast and most of the people who supported it just wanted to have it on mintpal (expecting shares...) and once it was there nobody had any idea of what to do next... beside multipool over and over again and none of the multipool projects weren't handled right either and no buy support went from them.