How is it going to be that when we have a motherfucking german kid that sits with 2million coino?
I am sure if we look hard enough we can find the rest of the Mr Men in here. We already have Mr Angry
Anyway, back to the issue.. Yes, you are absolutely correct. Having Mr Coino sitting on almost 2 million coins is not ideal, but I think we can live with that. If you feel this is too much of a risk for you then you need to find a coin you are comfortable with. Life isn't always fair and one way or another we all get shafted at some point.
Creating a new coin should really be out of the question because it just becomes 'yet another alt coin'. However, re-branding is a definite option. In the Coino Forum a user named Saad created a new look for Coin(O) some time back that never got adopted, again due to a lack of any interest from the dev's.
Originally I wasn't that taken with it, but to tell the truth it did grow on me and I do actually really like it now.
We can easily create a new road map with community consensus and backing. I was never convinced about the debit card but I do know we have a member whom has created a Coin(O) POS system so we could let him drive this forward with our support and at a less 'world dominating' pace.
We have enough people here and on coino chat that can take over the future development of the coin including any wallet re-branding etc. We also have a member whom has created a Coin(O) WebWallet. This requires finishing as far as design goes, but I believe it is functional and with OUR help we can get this finished as well.
We also have a member whom has previously accepted Coin(O) in his store. He is based in Canada and that isn't much use to the rest of us, but we can discuss with him the model he used and try to get this in other countries as well. Maybe not tomorrow or next week, but we can work on it as a community.
I am pretty sure that we can rouse enough enthusiasm in the community to spread the word as we begin to move forward.
Let's see if there is any movement from the dev's by the end of this month - 1st April. At this time there are a few of us here and on chat that are preparing to take control.
The reason I keep saying this is because up until then they have not failed to deliver on their road map. Even if they have been anal about engagement and it's almost certain that they have lost interest, probably because they realised some time ago that the promises on their road map was unrealistic.
The big issue for us is not really the 2 million coins the dev has, but rather the creation of the new domains for the new Coin(O) web site and creating meaningful content and setting realistic expectations etc.
Later we can look at tipper bots and other novelties but I think the first part will be deciding how is in, who is out and who is going to be responsible for what. Once we have a clear picture of this we can start to move forward. The price is unlikely to increase over night but if the new team can build up trust.
The one thing I will be fighting tooth and nail for is that we DO NOT get listed on ANY MORE exchanges. Big exchanges kill new coins.... We already have 2 exchanges for people to use and at this moment that is enough.
