Author

Topic: 7 things that kill coins (Read 1545 times)

legendary
Activity: 1904
Merit: 1005
PGP ID: 78B7B84D
July 23, 2013, 04:25:49 PM
#18
Low total circulation of coins have a good potential to hold value...CGB, JUP, etc
legendary
Activity: 2674
Merit: 2965
Terminated.
July 23, 2013, 04:23:51 PM
#17
These kill coins

1) Premine- This absolutely kills coins in every way no need explaining, this includes % of coins mined to foundation

for replace a fiat money - premine will be  strongly need

What about Bitcoin?
Mined only by Satoshi for a period of time, because it wasn't known then. Hence that's not a premine.
full member
Activity: 244
Merit: 101
July 23, 2013, 01:56:46 PM
#16


Dicks.. ALSO fuck.. assholes.... Chuck!
full member
Activity: 126
Merit: 100
July 23, 2013, 11:43:04 AM
#15
8 ) Idiots
full member
Activity: 182
Merit: 100
fml
July 23, 2013, 11:39:52 AM
#14
What was the dev support for dragon coin, missed it.

Some chinese dude, released the coin with a jr. account, him and his chinese buddies raped the shit out of it with a botnet, and he was never heard from again. Roll Eyes
sr. member
Activity: 252
Merit: 250
Still the Best 1973
July 23, 2013, 10:24:28 AM
#13
These kill coins

1) Premine- This absolutely kills coins in every way no need explaining, this includes % of coins mined to foundation

for replace a fiat money - premine will be  strongly need

What about Bitcoin?
legendary
Activity: 1554
Merit: 1008
July 23, 2013, 09:39:16 AM
#12
These kill coins

1) Premine- This absolutely kills coins in every way no need explaining, this includes % of coins mined to foundation

for replace a fiat money - premine will be  strongly need
legendary
Activity: 2674
Merit: 2965
Terminated.
July 23, 2013, 05:31:39 AM
#11
These kill coins

1) Premine- This absolutely kills coins in every way no need explaining, this includes % of coins mined to foundation
2)Releasing software that in any way impedes certain users from using mining the coin such as not releasing gpuminer if developed,or making it faulty on certain operating systems ect
3)Not giving dev support- the number 2 two thing people look at is whether or not there is dev support
4)short block times, multiple issues, high rejects and low security
5)Agressivly marketing your coin-Hijacking threads attacking other coins and such, makes you look desperate
6) Copying/pasting  doing nothing new - no explenation needed
7)low starting difficulty sameeffect as premine

I have yet to find a coin that has failed that hasnt had one of these

Please take a look at cosmoscoin, it's really a goodcoin.
No.

@OP
Most of the coins that suceeded has had one of these characteristics, like someone mentioned above. So this is not fully true.
There will always be new people with 0 knowledge who will mine scamcoins so..
legendary
Activity: 1526
Merit: 1002
Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
July 23, 2013, 05:16:06 AM
#10
Nothing wrong with a small premine (<1% of total coins ever existing), depends on what is done with it.

If you don't like it, ignore it.
legendary
Activity: 882
Merit: 1000
July 23, 2013, 05:05:03 AM
#9
Someone presuambly has, how else is the price being kept so low so long?

-MarkM-


Actual real world value, after the hype news agencies made about bitcoin, people started buying a lot which caused that massive bubble. People thought it's use would spread rapidly, but it did not....then someone capitalized on that and sold a ton of them, driving the price down. Now people are cautious when buying/trading btc.
member
Activity: 70
Merit: 10
July 23, 2013, 03:56:05 AM
#8
These kill coins

1) Premine- This absolutely kills coins in every way no need explaining, this includes % of coins mined to foundation
2)Releasing software that in any way impedes certain users from using mining the coin such as not releasing gpuminer if developed,or making it faulty on certain operating systems ect
3)Not giving dev support- the number 2 two thing people look at is whether or not there is dev support
4)short block times, multiple issues, high rejects and low security
5)Agressivly marketing your coin-Hijacking threads attacking other coins and such, makes you look desperate
6) Copying/pasting  doing nothing new - no explenation needed
7)low starting difficulty sameeffect as premine

I have yet to find a coin that has failed that hasnt had one of these

Please take a look at cosmoscoin, it's really a goodcoin.
legendary
Activity: 1008
Merit: 1022
July 23, 2013, 02:13:19 AM
#7
What was the dev support for dragon coin, missed it.
legendary
Activity: 2940
Merit: 1090
July 23, 2013, 01:32:17 AM
#6
Someone presuambly has, how else is the price being kept so low so long?

-MarkM-
member
Activity: 98
Merit: 10
Invest NASDAQ in Bitcoin
July 23, 2013, 01:30:41 AM
#5
Since you think bitcoin is dying,
I guess you have sold all your bitcoins.  Roll Eyes
hero member
Activity: 686
Merit: 504
always the student, never the master.
July 23, 2013, 12:09:17 AM
#4
These kill coins

1) Premine- This absolutely kills coins in every way no need explaining, this includes % of coins mined to foundation
2)Releasing software that in any way impedes certain users from using mining the coin such as not releasing gpuminer if developed,or making it faulty on certain operating systems ect
3)Not giving dev support- the number 2 two thing people look at is whether or not there is dev support
4)short block times, multiple issues, high rejects and low security
5)Agressivly marketing your coin-Hijacking threads attacking other coins and such, makes you look desperate
6) Copying/pasting  doing nothing new - no explenation needed
7)low starting difficulty sameeffect as premine

I have yet to find a coin that has failed that hasnt had one of these

Haven't all of the major coins that have succeeded had at least one of these characteristics?

ding ding ding
legendary
Activity: 1358
Merit: 1000
July 22, 2013, 11:46:53 PM
#3
These kill coins

1) Premine- This absolutely kills coins in every way no need explaining, this includes % of coins mined to foundation
2)Releasing software that in any way impedes certain users from using mining the coin such as not releasing gpuminer if developed,or making it faulty on certain operating systems ect
3)Not giving dev support- the number 2 two thing people look at is whether or not there is dev support
4)short block times, multiple issues, high rejects and low security
5)Agressivly marketing your coin-Hijacking threads attacking other coins and such, makes you look desperate
6) Copying/pasting  doing nothing new - no explenation needed
7)low starting difficulty sameeffect as premine

I have yet to find a coin that has failed that hasnt had one of these

Haven't all of the major coins that succeeded had at least one of these characteristics?
legendary
Activity: 2548
Merit: 1054
CPU Web Mining 🕸️ on webmining.io
July 22, 2013, 11:28:03 PM
#2
Looks like Spots will be successful then. On wait I just hijacked a thread. Shit.
sr. member
Activity: 322
Merit: 250
I AM A DRAGON
July 22, 2013, 10:59:50 PM
#1
These kill coins

1) Premine- This absolutely kills coins in every way no need explaining, this includes % of coins mined to foundation
2)Releasing software that in any way impedes certain users from using mining the coin such as not releasing gpuminer if developed,or making it faulty on certain operating systems ect
3)Not giving dev support- the number 2 two thing people look at is whether or not there is dev support
4)short block times, multiple issues, high rejects and low security
5)Agressivly marketing your coin-Hijacking threads attacking other coins and such, makes you look desperate
6) Copying/pasting  doing nothing new - no explenation needed
7)low starting difficulty sameeffect as premine

I have yet to find a coin that has failed that hasnt had one of these
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