99,9% ARE SHITCOINS - so don't waste your time or money - page 3.

digitalindustry

hero member

Activity: 798

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‘Try to be nice’

Quote from: AliceWonder on July 14, 2014, 04:34:46 AM

Quote from: digitalindustry on July 14, 2014, 03:12:58 AM

Quark has true market value, and is a decent investment, a few other crypto's also do for general investment purpose - 99% of the rest you can flush.

a few of the original can probably be salvaged and i expect this will happen in the future.

Thank you for mentioning quark.

Even before I knew about bitcoin, I knew that those that controlled the flow of money had all the real power.

Bitcoin brought that back to the people, but by the time I got in, even GPU mining was dead - ASIC mining was the only viable way and a lot of ASIC vendors were scamming people or not able to deliver. Miners control the flow of bitcoin.

CPU mining - none of the CPU mining coins created to address this issue seemed viable to me, but this one just may be.

So thank you for bringing it up. I'll be watching it.

also stick around - and from time to time drop in on our Reddit we are still working on improving all the time.

nutildah

legendary

Activity: 3010

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I was just reading through the ANN section and I notice there's a new post every 8 seconds or so, most is talk about mining for coins with silly, silly names that are basically just replicas of other coins with a new twist. This new coin fights herpes, this other one was officially blessed by the Pope, etc.

So, my question is... WHO THE F IS BUYING THIS SHIT ??!!

I'll admit it was me, for about 2 weeks, when I first got started.

So whats the deal.. There's a constant new churn of fresh noobs that are feeding a neverending cycle?

People predicted that the altcoin world would be unsustainable as it would draw in too much BTC in order to keep growing, but what happens instead is the same BTC gets recycled over and over, put into one new coin after the next.

As a result we have hundreds of dying coins on our hands -- some have truly stand-out innovation compared to McShinyCoin of the Week.

Hopefully coins that are proven to have innovation and real-world potential will have a rising price through all the noise, but demand, regulation and a rapidly transforming field of study make the future of the entire scene somewhat uncertain.

Specialrigs

newbie

Activity: 3

Merit: 0

Quote from: boxuser on July 14, 2014, 03:52:42 AM

Credits CRD looks very promising see https://bitcointalksearch.org/topic/ann-credits-crd-with-20-decentralized-exchangeanonmarketmore-peak-july-2nd-634403
video http://vimeo.com/100148381

Every altcoin looks very promising. Same old.

Equate

hero member

Activity: 770

Merit: 500

Quote from: Sydboy on July 14, 2014, 05:22:54 AM

isn't the point of 99% of alt coins for people to trade and make money.
no one actually believes they will be used or adopted, right ?

Pretty much sums it all up , but if someone is making money , then someone is losing too .

Sydboy

full member

Activity: 196

Merit: 100

isn't the point of 99% of alt coins for people to trade and make money.
no one actually believes they will be used or adopted, right ?

YesBoss69

newbie

Activity: 42

Merit: 0

Quote from: Dread Pirate Roberts on July 14, 2014, 04:43:47 AM

so whats your opinion will the best alt coin for invest now ?
i see the website dirrect from you but reallyy hard to me to understand what you mean

You should get to grips with this as well for an answer to that, good luck! https://bitcointalksearch.org/topic/best-alt-coin-to-invest-in-2014-487409

Dread Pirate Roberts

sr. member

Activity: 1512

Merit: 326

so whats your opinion will the best alt coin for invest now ?
i see the website dirrect from you but reallyy hard to me to understand what you mean

AliceWonder

full member

Activity: 168

Merit: 100

Quote from: digitalindustry on July 14, 2014, 03:12:58 AM

Quark has true market value, and is a decent investment, a few other crypto's also do for general investment purpose - 99% of the rest you can flush.

a few of the original can probably be salvaged and i expect this will happen in the future.

Thank you for mentioning quark.

Even before I knew about bitcoin, I knew that those that controlled the flow of money had all the real power.

Bitcoin brought that back to the people, but by the time I got in, even GPU mining was dead - ASIC mining was the only viable way and a lot of ASIC vendors were scamming people or not able to deliver. Miners control the flow of bitcoin.

CPU mining - none of the CPU mining coins created to address this issue seemed viable to me, but this one just may be.

So thank you for bringing it up. I'll be watching it.

muhai

newbie

Activity: 21

Merit: 0

shitcoin will promo you to buy thier ass.. after than mass price drop u get 999999x shit coin that worth nothing.. most bad situation that coin dead due no anymore dev and node alive...

crunck

legendary

Activity: 1176

Merit: 1005

crunck

This OP is nonsense IMO

I think it all depends how you look at things, I look at Alt coins ( bar one or two ) as stocks and shares it simple reallt every now and again a half decent new coin comes up get in fast then vote it up onto an exchange, the price will rise then cash out, other coins can have a 50% rise in one day if your on it happy days.

If you think you can just buy and sit on them hoping they will do a BTC then bar one or two coins your wasting your money.

Out of all the coins out there I am only holding 2 which i think may rise significantly enough to make it worth while investing heavily in.

That's my take on it all

YesBoss69

newbie

Activity: 42

Merit: 0

What amazes me slightly is the number of devs and the amount of time they put into all these coins - and it's not like the rate of new coins is tailing off, they're coming thick and fast the whole time. Seems a very inefficient way of making a few bitcoins, if that's what the objective of the majority of these impromptu coins are about. And who keeps falling for it?

boxuser

sr. member

Activity: 322

Merit: 250

Credits CRD 1st Decentralized Exchange coin

Credits CRD looks very promising see https://bitcointalksearch.org/topic/ann-credits-crd-with-20-decentralized-exchangeanonmarketmore-peak-july-2nd-634403
video http://vimeo.com/100148381

digitalindustry

hero member

Activity: 798

Merit: 1000

‘Try to be nice’

Quote from: Boxxl on July 14, 2014, 02:07:01 AM

Don't waste your money or time in all the shitcoins..
- 415 Altcoins on http://coinmarketcap.com.. Thats a lot...?
- only bitcoin and litecoin are still known in public.. Why? Because it's just a copy / shit
- a lot of devs left... Some with a lot of money

My opinion:
Bitcoin will be the biggest, if it grows...

Is it?

you are almost correct (not that is matters saying it here) all that matters is decentralized economics, and i'm afraid both Bitcoin and Litecoin are failing.

the old bullshit Meme (TV talking head) system is bunk, what actually counts are the fundamentals.

(IF i was one of the few guys that got into BTC very early i'd have cashed out by now) (you can't price it because of the manipulation) Shiller and Co were almost correct except they made the mistake of looking at it as a traditional "stock" IPO, where the insiders get the good deal and then the rest of the "public" investors get the rest.

Well in effect Bitcoin is actually more controlled than that due to its fixed permanent number + its total mining monopoly.

Quark has true market value, and is a decent investment, a few other crypto's also do for general investment purpose - 99% of the rest you can flush.

a few of the original can probably be salvaged and i expect this will happen in the future.

AliceWonder

full member

Activity: 168

Merit: 100

They are good testing ground to try new things.

So in that, some of them anyway have value.

And namecoin has value, not as in investment coin but in a good place to store namespaced key/value pairs which can be used for all sorts of decentralized data - and namecoin being low value actually benefits that use of it.

Amph

legendary

Activity: 3248

Merit: 1072

their only purpose is to spread btc health, for the one who missed the bitcoin train

balu2

hero member

Activity: 742

Merit: 500

I'd say 95%
There are a hand full of legit alts - and they are the reason you have come here in the first place.
I agree: stop supporting scams

altseeker

sr. member

Activity: 406

Merit: 250

Quote from: Boxxl on July 14, 2014, 02:07:01 AM

Don't waste your money or time in all the shitcoins..
- 415 Altcoins on http://coinmarketcap.com.. Thats a lot...?
- only bitcoin and litecoin are still known in public.. Why? Because it's just a copy / shit
- a lot of devs left... Some with a lot of money

My opinion:
Bitcoin will be the biggest, if it grows...

Is it?

Everyone is not wasting time or money in all the shitcoins. Shitcoins supporters, devs and every person in the altcoin community are going after Bitcoins. All of us are big supporters of bitcoin.

poornamelessme

hero member

Activity: 1204

Merit: 509

Thanks, I assumed hundreds of altcoins, many valued at several sats, were equivalent to btc. Are you saying I shouldn't have invested my life savings into Comedy Gold, Taxi Coin and Urea?

People know the risks involved. They are looking either for that .01% coin that will replicate some of BTC's success or are simply playing the markets, converting profits back into BTC. And if they don't understand the risks and that putting tons of money into a coin based on a meme may not be the best idea in the world, it's a life lesson.

bcd

sr. member

Activity: 252

Merit: 250

Thank you for opening my eyes.

Boxxl

hero member

Activity: 800

Merit: 502

Don't waste your money or time in all the shitcoins..
- 415 Altcoins on http://coinmarketcap.com.. Thats a lot...?
- only bitcoin and litecoin are still known in public.. Why? Because it's just a copy / shit
- a lot of devs left... Some with a lot of money

My opinion:
Bitcoin will be the biggest, if it grows...

Is it?

Topic: 99,9% ARE SHITCOINS - so don't waste your time or money - page 3. (Read 2960 times)