[ANN][BITTREX] Plankton (FOOD) - A coin designed for serious traders. Hungry?

[cindereynolds]

Don't be fooled by the sell walls, a whale is trying to get you to sell to him/her cheap. Keep those hands strong and clenched full of plankton! No retreat, no surrender!!!

[Wolf Rainer]

$31,000 market cap it´s a joke. The most shitty coins out there have more than $100,000. So stop dumping the coins, we can reach 20 sats EASY in this week.

[TheWhale]

Just quickly, I forgot to announce that we now have t-shirts! 

[RushNY]

Just quickly, I forgot to announce that we now have t-shirts!  

I have to have one of those!  

Plankton represent!

[qiwoman2]

Just quickly, I forgot to announce that we now have t-shirts! 

OMG I want one..I will order one send you pm and the keyrings..

[poornamelessme]

I'm not sure why people are so quick to devalue Plankton. The sell pressure is just scaring investors and pushing the price down. Basically getting nothing for their FOOD. Oh well...

I think the problem is that the coin got moved to a real exchange too quickly (as odd as that sounds). Usually with cheapo/freebie types of coins they linger on allcoin/crypt/whatever for several weeks, at least, where all the weak hands sell off for a couple of sats. So by the time the coin gets to bittrex or a real exchange, there isn't so much dumping.

Here it didn't spend very long on the dinky exchanges before going right to bittrex, so all of those .01 ipo people started to get impatient.

People also hold if they start MintPal voting, with the idea it'll pump even more once it gets there. But with MP stopping the voting thing, it's Polo or Cryptsy, and Polo voting tends to be a bit weird (one per user and that's it). Don't think people have the patience to wait for that.

You probably need to add some inherent value to the coin, if you really want to see it move up. These contests and such are fine, but absent any unique code features in the coin, you need to create a purpose for it. Coinpayments, some site accepting it as a currency, something. Based on the number of coins, it certainly should be worth more than it currently is. But it needs more than plankton images, however nice they may be, and contests.

[TheWhale]

I'm not sure why people are so quick to devalue Plankton. The sell pressure is just scaring investors and pushing the price down. Basically getting nothing for their FOOD. Oh well...

I think the problem is that the coin got moved to a real exchange too quickly (as odd as that sounds). Usually with cheapo/freebie types of coins they linger on allcoin/crypt/whatever for several weeks, at least, where all the weak hands sell off for a couple of sats. So by the time the coin gets to bittrex or a real exchange, there isn't so much dumping.

Here it didn't spend very long on the dinky exchanges before going right to bittrex, so all of those .01 ipo people started to get impatient.

People also hold if they start MintPal voting, with the idea it'll pump even more once it gets there. But with MP stopping the voting thing, it's Polo or Cryptsy, and Polo voting tends to be a bit weird (one per user and that's it). Don't think people have the patience to wait for that.

You probably need to add some inherent value to the coin, if you really want to see it move up. These contests and such are fine, but absent any unique code features in the coin, you need to create a purpose for it. Coinpayments, some site accepting it as a currency, something. Based on the number of coins, it certainly should be worth more than it currently is. But it needs more than plankton images, however nice they may be, and contests.

Very interesting, I didn't realize MP stopped their voting. I've noticed that their volume has vanished since the hack. I'm pretty sure Bittrex pulls higher volume than Cryptsy now as well so no wonder people dumped when it landed on Bittrex. Imagine if we could get on BTC-e?? 

But yeah I agree 100%, I'm not too worried about the price, it can't drop much lower without someone scooping up a large portion of the supply (meaning the dumper will get peanuts). I'm primarily focusing on social media and services. Currently, we're devising two games (one app and one web game) and I think we'll be on a casino soon as well. Just waiting for a response.

Also this is to everyone, please let me know of any deserving communities that would benefit from receiving FOOD. I think we should start our adoption

[poornamelessme]

Mp hasn't quite stopped it yet, but stopped taking paid votes and believe they plan to end it entirely by Sept. 1.

Either they plan to go the Bittrex route and start accepting newer coins earlier, or just got tired of dead/dying coins getting listed based on votes, pumping once, then dying completely.

Cryptsy already started adding some newer coins, ie Bittrex-style, so I guess they are feeling the pinch and want to catch some of that new coin hype. To me, that would be a big negative if they really go that route, as it just makes cryptsy yet another exchange, nothing special about it.

As for communities/donations, I believe someone here already mentioned food pantries or food to the homeless? That would make sense. And of course I mean literal food, not Plankton food, as it's unlikely they have computers or a way to even use Plankton.

Feed the Children also would make sense, fits the Food theme, and donating to kids is sort of a nice thing to do. http://www.feedthechildren.org/

[cindereynolds]

I'm not sure why people are so quick to devalue Plankton. The sell pressure is just scaring investors and pushing the price down. Basically getting nothing for their FOOD. Oh well...

I think the problem is that the coin got moved to a real exchange too quickly (as odd as that sounds). Usually with cheapo/freebie types of coins they linger on allcoin/crypt/whatever for several weeks, at least, where all the weak hands sell off for a couple of sats. So by the time the coin gets to bittrex or a real exchange, there isn't so much dumping.

Here it didn't spend very long on the dinky exchanges before going right to bittrex, so all of those .01 ipo people started to get impatient.

People also hold if they start MintPal voting, with the idea it'll pump even more once it gets there. But with MP stopping the voting thing, it's Polo or Cryptsy, and Polo voting tends to be a bit weird (one per user and that's it). Don't think people have the patience to wait for that.

You probably need to add some inherent value to the coin, if you really want to see it move up. These contests and such are fine, but absent any unique code features in the coin, you need to create a purpose for it. Coinpayments, some site accepting it as a currency, something. Based on the number of coins, it certainly should be worth more than it currently is. But it needs more than plankton images, however nice they may be, and contests.

Very interesting, I didn't realize MP stopped their voting. I've noticed that their volume has vanished since the hack. I'm pretty sure Bittrex pulls higher volume than Cryptsy now as well so no wonder people dumped when it landed on Bittrex. Imagine if we could get on BTC-e?? 

But yeah I agree 100%, I'm not too worried about the price, it can't drop much lower without someone scooping up a large portion of the supply (meaning the dumper will get peanuts). I'm primarily focusing on social media and services. Currently, we're devising two games (one app and one web game) and I think we'll be on a casino soon as well. Just waiting for a response.

Also this is to everyone, please let me know of any deserving communities that would benefit from receiving FOOD. I think we should start our adoption

Try getting on coinverted.com it's where you buy stuff with cryptos. If Pandacoin (PND) could get listed there at one point so can FOOD. It's worth a shot.

[TheWhale]

Mp hasn't quite stopped it yet, but stopped taking paid votes and believe they plan to end it entirely by Sept. 1.

Either they plan to go the Bittrex route and start accepting newer coins earlier, or just got tired of dead/dying coins getting listed based on votes, pumping once, then dying completely.

Cryptsy already started adding some newer coins, ie Bittrex-style, so I guess they are feeling the pinch and want to catch some of that new coin hype. To me, that would be a big negative if they really go that route, as it just makes cryptsy yet another exchange, nothing special about it.

As for communities/donations, I believe someone here already mentioned food pantries or food to the homeless? That would make sense. And of course I mean literal food, not Plankton food, as it's unlikely they have computers or a way to even use Plankton.

Feed the Children also would make sense, fits the Food theme, and donating to kids is sort of a nice thing to do. http://www.feedthechildren.org/

It is interesting that MP made those changes after the hack (must be due to low volume). IMO opinion Bill has the right idea with Bittrex. I was confused when Poloniex added voting because voting slows down coin listings immensely. Now look at Bittrex's volume compared Poloniex, MP and Cryptsy...

Right now I'm focusing on the social media and infrastructure aspects of Plankton. Once the whale sponsorship promotion is over, I would have spent over 1 BTC on pizza... lol. From the beginning I've been adamant to donate to charity, so that is definitely down the pipeline (I was more thinking third world hunger).

As well as looking after traders (free pizza, laptops, etc), sponsorship's and donations, FOOD will be about bringing new people into altcoin trading.

[chrisnippz]

We need an api like BitPay .. so FoodPay or something of the sort. Then hit up Food Delivery services.

This is one in Australia that is really popular. They accept CC and PayPal... why not food?
http://www.deliveryhero.com.au

Is there a way we could find out the demographics of FOOD - maybe then target the area most populated. I know this may be too early to adopt, but another idea to add to the list.

Is actual food the niche market we will be targeting?

Also in regards to Whales maybe sponsoring or aligning ourselves with a whale saving company?
http://www.seashepherd.org

[TheWhale]

We need an api like BitPay .. so FoodPay or something of the sort. Then hit up Food Delivery services.

This is one in Australia that is really popular. They accept CC and PayPal... why not food?
http://www.deliveryhero.com.au

Is there a way we could find out the demographics of FOOD - maybe then target the area most populated. I know this may be too early to adopt, but another idea to add to the list.

Is actual food the niche market we will be targeting?

Also in regards to Whales maybe sponsoring or aligning ourselves with a whale saving company?
http://www.seashepherd.org

Those are some really good ideas Chris. I believe payment API's are quite expensive to build and I'm not sure about the legalities but I'll look into it. I think a partnership would be fantastic for the brand, I'll message a few relevant charities. It would be great if everyone else did the same and reported back. The more places we get our branding, the better! 

[PITE]

Joining the party a bit late, but I'm on board now!  Cheesy

Attempting to hoard many Plankton as I can!

Wish there were some Plankton themed games like dice or satoshi buttons.

[TheWhale]

Joining the party a bit late, but I'm on board now!  Cheesy

Attempting to hoard many Plankton as I can!

Wish there were some Plankton themed games like dice or satoshi buttons.

Welcome on board! There are currently two games in development and a casino is currently being negotiated

[donglaidongwang1]

   Though the price is so low ,I will follow this coin,I  can see the dev's hard work~

[Wolf Rainer]

LOL.

At Bittrex:

06:24:13 AM BUY 0.00000007  FOOD=44536454.40703797   BTC= 3.11755180

Poor bear, he tryed to dump the coin and get eated lol.

[PatCash79]

he ate his own sell order just to push the daily volume up

[cassius69]

he ate his own sell order just to push the daily volume up

yep 

[thandie]

  PlankTon now trading on CoinCubess.
  https://www.coincubess.com/trading/FOOD_BTC

Hm... with an invalid FOOD address.

[professorY]

  PlankTon now trading on CoinCubess.
  https://www.coincubess.com/trading/FOOD_BTC

Hm... with an invalid FOOD address.

And it says "Tarde" in the Chrome window tab instead of "trade".

Questionable.