Forum

READ: CureCoin Activity  

  RSS
imported_Hypocritus
(@imported_hypocritus)
Active Member Customer

Yesterday (Sunday) at this time, FoldingCoin had 600+ BTC volume activity on Poloniex. That is enormous. "E"-normous.

It also reached -- since Jan 17, 2015 -- a fourth-time high of 300 Satoshi (0.00000300), it's "third" time in under a year.

Today, It reached an all-time high of 400 Satoshi, and is at 400+ BTC trading volume. In the past, every time I have observed its trading volume, it has almost always been in the double, occasionally triple digits.

CureCoin is currently stalling at 2 -3 BTC trading volume.

There is something that FoldingCoin has "right". Effort for effort, FoldingCoin "today" is worth 3 - 4 times the amount of CureCoin.

Now, what are we going to do differently?

I cannot emphasize enough the value of a "real", active forum, tied to an official (or unofficial!) website. (I would also like nothing more than to reduce the shock value of this post in the future by editing it BECAUSE of an upward trend in CureCoin's progress..., or a "genuine" understanding as to why this "should" be...)

ReplyQuote
Posted : 08/05/2017 11:12 am
wuffy68
(@wuffy68)
Member Moderator

As @Hypocritus wrote:

Yesterday (Sunday) at this time, FoldingCoin had 600+ BTC volume activity on Poloniex. That is enormous. "E"-normous.

It also reached -- since Jan 17, 2015 -- a fourth-time high of 300 Satoshi (0.00000300), it's "third" time in under a year.

Today, It reached an all-time high of 400 Satoshi, and is at 400+ BTC trading volume. In the past, every time I have observed its trading volume, it has almost always been in the double, occasionally triple digits.

CureCoin is currently stalling at 2 -3 BTC trading volume.

There is something that FoldingCoin has "right". Effort for effort, FoldingCoin "today" is worth 3 - 4 times the amount of CureCoin.

Now, what are we going to do differently?

I cannot emphasize enough the value of a "real", active forum, tied to an official (or unofficial!) website. (I would also like nothing more than to reduce the shock value of this post in the future by editing it BECAUSE of an upward trend in CureCoin's progress..., or a "genuine" understanding as to why this "should" be...)

Hypocritus, as you are aware, a de-listing event can have near-term impact on a coin's volume and price (as well as those of its peers - sometimes in a positive, sometimes in a negative direction). CoinIdol wrote an article about the 17 delisted coins, including input from the CureCoin community:

https://coinidol.com/altcoins-delisted-from-poloniex-are-not-dead/

Poloniex has not taken an official stand on the reason for delisting CURE, however we suspect it was due to lower than average volume (some of the team's strongest folders tend to hold onto our coins rather than trade them).

Some key points to consider when examining both assets. They both have done a lot of good work, and both have their advantages and disadvantages (neither is perfect, but together they form a great hedge to preserve the value of the protein folding work accomplished by members of both teams thusfar):

What CureCoin does well:

* Daily automatic coin payouts on an independent blockchain
* Stability of network (few disruptions of payouts or attacks)
* Hybrid PoW (SHA-256), PoS, and Folding rewards model (coin can exist even without Folding payout)
* Fast transactions with very low Tx fees
* Available on CoinPayments payment processor and retail market
* Ten people in CureCoin2.0/SigmaX internal beta test program (entering build 20 (3r))
* Informative social media promotes folding science and merge-folding
* Can add new projects with auto-payouts through folding pool
* CureCoin is 501c3 sponsored: developed giving systems to 13 charities outside of CureCoin
* Cloud Folding Store (both for-profit CureCoin and for Charity)

What FoldingCoin does well:

* Token on trusted CounterParty network
* Ties to a large CounterParty community and markets which means higher built-in volume
* Started Merge folding with several other Counterparty tokens (including PepeCash)
* Consistent web content (format has not changed since the beginning)
* Regularly scheduled public meetings posted on Youtube channel
* Adopted Slack channel early on - very open community
* Unified Folding Browser (includes FLDC and CureCoin instructions)
* Registered as a 501c3 organization
* Linked to LTBC network early-on (CureCoin was never approached despite being first in the market)

Risks to CureCoin:

* Delays in 2.0 release (using the SigmaX blockchain)
* Loss of notoriety due to web presence split across 3 web domains now (working on it)
* Trolls on Bitcointalk 🙂

Risks to FoldingCoin:

* Unrealistic Tx fees on the Counterparty network and increasing token transaction times
* Manual payout system presents single points of failure.
* Trolls on Bitcointalk 🙂

-wuffy68
CureCoin Team and CureCoin Project

Edit: formatting errors, and updated risks for both coins
Edit: updated number of internal beta testers to ten

ReplyQuote
Posted : 09/05/2017 12:27 am
hypocritus
(@hypocritus)
Active Member Customer

How do I get my NEW forum Accounts straight??

A couple of weeks ago I made an account on curecoin.info, and it appears that this may have caused a problem.

Now, one of me is "imported_Hypocritus"

and another of me is "hypocritus".

But which one is me??
Who am I?
What is the meaning of life? (The common answerer of this question is indeed misinformed, it is "not" 42)

ReplyQuote
Posted : 14/05/2017 12:20 pm
Share:
  
Working

Please Login or Register