What's up everyone. My name is Jigar Parmar and welcome to my steemit account.
Chaincoin has been raising in value non stop for the past few days and I did write about this because I want to point out that chaincoin stresses one important thing which is that the community matters a lot I mean focused on a technology side of thing but the community side is also really important because if you look at it from the outset chaincoin that hasn't had any real news for a while the development on chaincoin itself if you look at their kind of data hub chaincoin is a fork of zetacoin and the development of chaincoin was really stopped at the end of the 2013 so that's the moajority od deployments there that's the pushes and to the networking updates and there were two minor updates this year but the majority of development has stopped but it dosen't mean that the community hasn't stopped supporting it.because of the community chain coin price increased more then 3000% in just a week.
so we found that HighOnCoins so max here has been kind of crreating this new campaign for pump and hold so pump and hold chaincoin and because a lot of people are backing this this actually gets a lot of trade volume ad it gets a lot of interest into the coin in fact it's been creating something called a wall so literal by wall so if anyone wants to sell coin and crash chaincoin then there's a wall around 23 bitcoin worth of chaincoin coins that are being bought at at various points and this is supper interesting to me a lot of people have been calling this pump and dump but at the same time if this increases the chaincoin kind of bojer and it's going up at a time when everything is going down that's really interesting to me and it's something that i haven't really consider when i'm doing this sort of analysis i love technology or i love pushing things out but i can potentially see if this gets big then developers can comeback and start chain coin and realeasing new things and this can jump start a new coin but at the same time it's of course extremely dangerous because there's not much development recently on this coin that just shows how much power there is in kind of teamwork and community building.
share with me what do you think in comments it can help a lot
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