I know where you are coming from. I was one of the first people to get onboard the Chaincoin train and was a true believer of the concept too and was spreading the excitement. I am just saying it left me very disillusioned with the power of the people, and community-driven coin concept.
The worst part was that when, specifically, Trevonjb and Suppoman's groups came onboard, they all supposedly were going to be true hodlers until we reached the moon, but then they both subsequently dumped all their coins on us, crashing the price and leaving many good, honest and trusting n00bs holding the bag. You can look at Chaincoin at the spike and subsequent dump on the charts to see when and where this happened. How this works is you have to keep your finger on the trigger for when it all goes to shit, and the people at the top are the ones who decide when the dumping starts (they will be the very first to push the button). The only way you can win also, is if you are online 24/7 and the very moment they say to start selling, you are amongst the first to dump. Should you be busy that day doing other stuff, and miss the pivotal point, you'll be the one left holding the bag.
Same with Chaincoin, Piecoin seems to try the meme-approach. Chaincoin was massively popular, had cool memes like the Chaingang and everybody was really feeling the hype.
Point is, it's all a house of cards. The very moment a small % starts selling, the doubt and uncertainty sets in. Without very strong fundamentals, the coin starts wavering much quicker than something more established and supported. It creates a death spiral, which will shake out 90% of the 'true hodlers' and make them sell. Look at Chaincoin, once again. You will see the amount of 'true hodlers' represented in the current charts... The point where it's hovering at right now, is the amount of true hodlers that were left after it all came crashing down.
Additionally, I will want to point one more crucial thing out to you, if you do get involved. If this is a community driven thing that organizes strategic buy and sell walls, let me point out 1 very important thing out to you that nobody realizes until they try to get out.
There will be Sell Walls which prevent price from shooting up above a certain point (to maintain price stability), and there will be Buy Walls which are set up about 20-30% below market price, to keep it from dropping to zero and crashing the market. These sound like a great idea, it's to keep dumpers from crashing the price, right? Yes, and no. When you think about it, a dumper really is somebody who just wants to get out. One day, you too want to get out. The moment you do sell some of your coins, what will happen is that between the Buy Wall and the market price, there will be a ton of tiny tiny buy orders which are fake and only there to give the appearance that the market price is the price to pay. In reality, the moment you sell, you will sell a tiny % of your coins at market price. Then the rest of your sell will punch through the tiny fake buy orders like a hot knife through butter, and 90% of your coins will end up being sold for the price that the massive Buy Wall has been set up.
The way this works is that the people setting up Buy Walls are buying up all the coins on the cheap from people who want to cash out, and they are putting those coins right back on the Sell Order to sell them back at a higher price. The people who benefit are the whales doing this trick. They are generating both profits in the coin, but also in btc from all the buying and selling.
Now let's go further... YES, at some point you may own coins that are worth more than what you bought them for. BUT... that's only on paper if you look at what the displayed market value is on the exchange. But the displayed value is not the true value that you will get, but rather is manipulated by the strategic buy/sell walls and the fake, near empty orders in between.
It's a paper tiger. Your value will be the number displayed on the screen but it will not represent the value that you will get.
You seem pretty convinced, so maybe this won't reach you. Just be careful. After witnessing this happening to Chaincoin and seeing people like Trevon getting onboard and pumping it up, then dumping it and bragging on his stream about how he made so much money (over everybody else's back). A couple weeks ago, news was already making it's rounds in the Chaincoin community that they were going to copy the idea and do it themselves with another coin. I think that coin is Piecoin, because it qualifies for all the right reasons.
Good luck.
RE: PieCoin Masternode: I just grabbed 25,000 PieCoins. Today: 500-900 Satoshis.