First of all, yes I have Reddcoins, and yes right now they mainly are just to make some money because I just don’t have enough of that (but then again, can you ever have enough of that).
I’m pretty new to cryptocurrency’s, just got on the cryptotrain at December and had quit some coins/tokens to choose from.
As I did not really understand what I was supposed to do I looked in to coins that where cheap per coin my picks where Verge at about 9 cent and Reddcoin at about 0.8 cent.
I picked Verge because the I thought the logo and name where pretty cool, yeah really that did the trick, loved the Reddcoin logo to but one of my buddies actually told me ten that this was possibly the only coin that purely targeted the social platforms.
So I really got interested, not because I’m on social networks, because besides this site and a few small forums I’m not. No Facebook, no Instagram, no Youtube nothing of that, no it was because they (Reddcoin) offers something else then the other coins.
I truly believe the market can be enormous once things get developed and get attention.
So I checked the site and the official channels to see what they are doing.
Bladibladiebla… Whoa!.. blablabla……Redd-ID…….blablabla…… Great!.. blablabla android wallet….
You get the idea. So my buy was made and I had some Reddcoins.
Everything was going great, mayor wins, telling everyone and everyone is getting in! But then I started reading more and more about crypto’s in general, visited quit a few website’s read white papers and so on. That was the time I started investigating my own coins…
Verge looked pretty good, quit a lot of info and what they are doing. Recently they launched the wraith protocol where buys and sells are really anonymous, I thought, great for criminals (as more money is used) so the prices will go up. ;-)
The I started looking in to my beloved Reddcoin and I was startlet, everything looks okay but when you look close……
And in advance, I’m a “Hodler”, I do not want to harm the coin, my money is in it as wel, but I do want to lift the coin by provoking an statement form Reddcoin. I am a believer and I’m reading more and more negative messages all asking the same questions while the answer can be so enormously easy and by doing so I am confident that the coin will, as we say in cryptoland, “break orbit and go to the moon!”.
I found out the following problems:
https://plus.google.com/+ReddcoinOfficial – Last updated 31st of December 2015
https://twitter.com/reddcoin - Sometimes a tweet, last info 20 dec 2017 on LWF and on 11th of December welcoming back an development team member
https://www.facebook.com/reddcoin - Same as twitter?
https://www.reddheads.com/en/home/ - first thing is the roadmap 2016 – 2017 (it’s 2018 man come on) and the news is an event hosted in April 2017…
https://www.reddit.com/r/reddCoin/ - Finally some news, an update on December 7th and an small update on 1st of January
https://www.reddcointalk.org/ - not even listed on their own official website, official sticky topics, “New Electrum Server available”, posted two years ago, “Wallet” posted a year ago and the 7th December update as on reddit.
Allright, Reddcoin has an market cap of about € 364 million, but how many people are really working on this right now? 5? 10? 100? I found a picture the other day and I only saw like 7 guys?!
In the roadmap that I found on reddheads.com it states that the red-id will be launched around Q4 2016 on December 7th 2017 is announced that an successful test has been done! Great work but when can we expect a launch, in a month?, a year?
Also on December 7th you tell us a up to date Roadmap and whitepaper would be made available shortly, it has been more than a month now.
Then I found another roadmap somewhere on Reddit http://i.imgur.com/tZEilmm.png (still nothing on your own site).
It says Redd-ID and mobile Wallet Q3 2017
As I see it news about Reddcoin is mainly produced by the community.
You, Reddcoin, need to give this attention, and really fast as well. As we all have noticed the crypto market has exploded since last November and especially when naming yourself “The Social Currency” you need to communicate more quickly.
That said, this is what I believe you should do and by doing so you can keep everyone happy and stop the negative claims about our beloved Reddcoin being dead.
Produce a roadmap with goals you can achieve in reasonable time. (this can be done in a day)
When needed rewrite your white paper if you need to.
Update your sites or take them offline, by not updating people believe you don’t care or you that you are not doing anything.
Hire someone to do PR. (this will give the coin a great boost and stops all nonsense)
Tell us something more about what Reddcoin is doing (for instance let a developer post an vid about what he does for Reddcoin)
Remember you are the social currency so act like it!
Also, you have an enormously large fan base (followers) maybe they can help with these things but they are not an official voice, and that is what is missing at this moment, someone stepping up to be that official voice and having authority.
As I mentioned earlier I truly believe Reddcoin has the future, but there are a few issues you can, and in my opinion have, to address.
If only to stop the negative voices before it is too late, and I also believe that if you just ignore these posts that there will be a day that you are to late… an I really don’t want that for such a great idea/coin!
Community, spread the word! As mentioned earlier I do not have these social accounts but you can post this text anywhere you want, when you do please include my Reddcoin address as that’s really what the coin is for right and it would be great receiving my first tip ever!