^^^ I appreciate you taking the time to respond, but that's just more of the same. Worse, nobody has commented on both our actual questions.
Someone has been dumping heaps and heaps of Hiro at low low prices (~1300 sat) over the past few days. No miner would do that, it's a big loss. Who could possibly afford to do that? Considering what we know about the instamine, this makes me nervous that someone's been cashing in.
95% of coins have gone down like Hiro has recently... and never returned. This makes me very nervous.
I want to believe but I'm losing reason to. I can see very little marketing of this coin, very little work being done compared to other coins, just the occasional post advising it's being made "more secure". Security won't be a problem if its worth nothing, which is what will happen if this coin doesn't get marketed properly.
+1
Anyone responding to miner/investor concerns by telling us to go invest in retirement funds because we can't handle the heat isn't contributing to this discourse and is completely missing the point. We're not bashing hiro fans, hirocoins, or altcoins; as people invested in Hirocoin, making disparaging comments for no reason does us no good, right? We are trying to convey to the Hiro Team that there is a lack of substance, or perhaps the
perception of substance when it comes to Hirocoin as of late, and this is causing heaps of FUD (not surprising in the altcoin world), a lot of dumping at low prices (surprising to those of us who currently mine and analyze what it costs to mine Hirocoin), and not enough activity and fight from the Hiro Team as prices plummet and doubters' voices get louder (surprisingly disappointing after such a strong start).
In another thread, I got a response from a Hiro Team Member that I was being too dramatic. Hirocoin
needs some drama now. I don't mean only through negative feedback and doubts and a lot of people calling each other names. I'm referring to something greater than someone comparing Hirocoin to Litecoin in one comment several days ago, something greater than the X11 algorithm alone and keeping our houses cool in the summer (great for miners but investors don't seem to care much about this benefit), something greater than the hype of a new-ish coin that initially sounded smart and well thought out. That's how Hiro gained its early legions of fans (and not just hoppers), but it's not enough to keep us through these considerable low-priced dumps we're witnessing day after day with no good explanation. And by the way, many of us are not looking for mini pumps to feel better about Hirocoin, though I'm sure that would do the trick for some; we are looking for progress, interactions, activity, volume, and
differentiators to keep us committed to Hirocoin. Demonstrate to us why we should stick around - that is the Hiro Team's responsibility.
To tell us that the altcoin world has a short attention span is a weak reason for why Hirocoin has been on a quiet downward spiral for so many days. This 'short attention span' reality is true for all altcoins, and the ones that bubble to the top and remain there are the ones with an active, intelligent community here, on twitter, on the exchanges...pretty much everywhere you look, actively discussing why their coin deserves serious attention. Hiro came out strong with X11, but after the first big boost from premiering on Mintpal, it quietly folded up like a sad soufflé in a cupboard. What a missed opportunity there. And now after so many days of nothing new, or perhaps more importantly,
nothing substantial, those missed opportunities to leverage the initial excitement seem like unrecoverable mistakes. People are actually asking - is Hirocoin dead? If that is far from the truth, the Hiro Team needs to do a better job at proving the doubters wrong. This isn't a movie theater -
silence is not golden.
If Hiro is truly about being transparent to its community, I'd like to see a clear response to the accusation that a small group of miners/developers may have their hands on some optimized code for mining Hiro/x11 coins faster/easier than the rest of us (and a future patch to be handed out to the community once this accusation proves too difficult to slip under the rug). While this may sound like a goofy conspiracy theory, these cheap dumps are forcing us to take pause and ask - could this be true? If regular miners like me cannot possibly sell for what Hirocoins have been going for, who can and how? We know that the hoppers have likely all sold when the prices were higher and moved onto other coins during the first week - so this current reality requires some explanation by the Hiro Team. Be it Instamine, special x11 secret code sauce used by a select few, or perhaps (and hopefully) a less menacing reason...please, we're all ears. Because if the Hiro Team doesn't have a reasonable explanation for what we're witnessing on the exchanges, we're all in trouble.
And do consider that to many, X11 alone is no longer compelling - it was a good start for Hiro, that's all. With DRK and other newer coins taking the X11 route, what makes Hiro different or better beyond the algo? The marketing of this information has been lacking by the Hiro Team, eh? Because true or not, right now it feels like all Hiro has is the X11 label, and that's just not enough - hasn't been enough for a while now.
To the Hiro Team - if we're wrong about any of this, do prove us wrong and put us in our place through
action. It's time to stop talking and start doing, yeah? You may have had great intentions for the coin initially, but the problem you need to solve now is your
execution.
