BitShares Forum

Other => Graveyard => MemoryCoin => Topic started by: stalemate on January 29, 2014, 09:04:51 pm

Title: Each day, I have wonderful news for you: Now I lost my confidence! :)
Post by: stalemate on January 29, 2014, 09:04:51 pm
I'm losing confidence to MemoryCoin. The saddest thing is noone from this community supported its own merchant but that merchant sold its products with another coin. Coaex sold 0 amount of gold to MemoryCoin members in January from the start of its launch - even with escrow service. This was utterly the worst thing I've ever done in my life.
I was expecting at least a decent feedback for the work done (good, bad, not secure, etc). Yesterday, I sold a decent amount of gold via bitcointhrift in an hour after I post the auction. (and I felt that Coaex daily volume can easily past MemoryCoin daily volume.) Cryptothrift is an auction site with escrow service. I may or may not be scammed, even though the buyer looks legit, I don't know and I don't care the money I might lost as I will succeed in the long term. At least, someone recognized the effort and made an offer. From what I get from this community is always negative thoughts at first sight. It was first IsaacGoldbourne (we don't know where he/she is now), then Max, then itsik etc.. I wonder who'll be next, probably Isaac's ghost..
So what do you guys really do? You are losing your only merchant. Sadly, we will de-list MemoryCoin, soon. It seems so.
Don't think this as a threat - I'm not saying "We will delist MemoryCoin if you don't buy from us." I'm not forcing anyone to buy. could be bullshit.
I thought about this much and I'm already tired. Maybe much tired in recent days.
As you may notice, I change my mind too often. In my life, I took almost every decision very fast. Cut the dead arm, followed the right path.
Maybe I'm wrong, maybe it is too early but in a fast paced world and even in a fast paced cryptocoin world, I have to do that. I'm still unsure.
I may continue working for a little while. However, I have already contributed to this community but didn't get more than I give (I mean both materially and morally). That's the main reason why I'm pulling out.
In Feb, I will be mostly away - just run the shop with BTC and MMC still or maybe with more coins, add some products, will arrange some meetings with emre and salih face to face (buradan duyurayım). Will finish turkish translation in the earliest day - probably this week and will not work or post for the community for a couple of weeks.
Title: Re: Each day, I have wonderful news for you: Now I lost my confidence! :)
Post by: emre on January 29, 2014, 10:48:04 pm
I am sorry to hear that, we have the cheapest gold merchant in the cryptocoin world. coaex is a good asset for memorycoin community.

I hope you won't delist MMC since it wouldn't hurt your business to support one more currency.
Title: Re: Each day, I have wonderful news for you: Now I lost my confidence! :)
Post by: ManeBjorn on January 29, 2014, 10:57:08 pm
That's a bummer. 
I just don't have much MMC yet because I have only one system to mine with right now.
I was looking forward to getting some in the coming months.
Title: Re: Each day, I have wonderful news for you: Now I lost my confidence! :)
Post by: itsik78 on January 30, 2014, 04:52:34 am
Hey man,
You need to breathe a little.
You're giving up way too soon.

1) Gold is a niche product and MemoryCoin is still a small community. Obviously the sell chances are lowered significantly due to both factors. As MemoryCoin gets bigger, so will your sales.
2) It's been around a month which is hardly long enough to give up.
3) Delisting a coin you've already integrated doesn't really make sense. Keep it there and hope we'll do a good job increasing new users and coin value.

I wish you luck in your business and in your life, but to be successful you need more patience... Don't give up so soon :)
Title: Re: Each day, I have wonderful news for you: Now I lost my confidence! :)
Post by: stalemate on January 30, 2014, 06:08:14 am
That's a bummer. 
I just don't have much MMC yet because I have only one system to mine with right now.
I was looking forward to getting some in the coming months.

Don't worry. You are in my mind. I'll also add a small amount to you proportionally to your order.
Title: Re: Each day, I have wonderful news for you: Now I lost my confidence! :)
Post by: ManeBjorn on January 30, 2014, 04:27:30 pm
Thank you I really appreciate that.
 :)

That's a bummer. 
I just don't have much MMC yet because I have only one system to mine with right now.
I was looking forward to getting some in the coming months.

Don't worry. You are in my mind. I'll also add a small amount to you proportionally to your order.
Title: Re: Each day, I have wonderful news for you: Now I lost my confidence! :)
Post by: bppsp1 on January 31, 2014, 09:52:33 am
I see Memorycoin market movement as one of the slowly adoption of just about all altcoins but at same time also perhaps the most stable price of all altcoins.

Sure it would be great if we had faster adoption and price increase but at the moment Memorycoin mining is so hardware specific and absolutely pointless at current marketprice for GPU mining considering all the other scrypt coins.

This is good and bad.

The Good : Stable price, slower adoption which in return doesnt create huge bubble effects and if you hold MMC you have a reasonably better idea that todays price would be reflected tomorrow.
The Bad : Majority of price spikes/bubbles/you name it is caused with pump/dump situations which isn't happening to MMC at all right now perhaps due to the nature of only being on one exchange. If it moved to cryptsy+coinedup etc. I am confident it would also see periods of pump/dumps where each additional pump/dump usually seem to drop to a higher low momentumly driving the overall price and market awareness up.

With the rapid block reward dropping we are now in a vital stage to get the coin onto more exchanges somehow.