Pages:
Author

Topic: ALTCOIN FAIL - page 3. (Read 3507 times)

sr. member
Activity: 273
Merit: 250
January 17, 2014, 04:21:14 PM
#5

I guess some people don't believe in a free market, bleh
full member
Activity: 490
Merit: 102
January 17, 2014, 04:18:03 PM
#4
I wonder how much suckers usd has found after 1971 Grin. Ops, sorry, there were some aircraft carriers for persuasiveness Wink.
legendary
Activity: 1218
Merit: 1003
January 17, 2014, 04:16:34 PM
#3
Since when did technology progression become such a joke Huh It seems like there's been a new coin released every 5 mins.. each bringing absolutely nothing new to the table other than being "rare" or "abundant". Hey my old cigarettes are rare and btw my 5 gallon water bottle full of pennies is abundant - doesn't mean they are worth anything.

Honestly this entire scene is being polluted with garbage coins. Dogecoin? Really? What new tech did this coin bring to the table other than a ridiculous block reward and large supply pool? It's just another clone with a dog picture slapped on it. Coinye West? Really? You actually thought that you had a chance at becoming a top rate currency? Piratecoin? What possible advantage does an internet pirate have by using your coin? 42? Trading at $800,000 a coin... Someone tomorrow clones it and releases "41" trading at $xxx,xxxx a coin. Next week someone creates 1/4 coin "only 1/4 of a coin will ever be released" trading at $xxx,xxx,xxxx,xxxx.

Honestly it's gotten so bad that a dogecoin minion tweets to Matt Green(zerocoin) defending his crapcoin from Matt's righteous Dogecoin mention in a recent Forbes article. Matt is working on some next-level tech in the crypto scene he shouldn't have to respond to some crapcoin holder or developer for that matter. 

The only real altcoin list I see so far is Anoncoin, Litecoin, Stablecoin, Zerocoin, Primecoin, Skiencoin, Securecoin and Datacoin.

Each of the above coins has/is working on new technology to progress cryptocurrency into the coming years. Honestly we should start a movement to remove other altcoins from the exchanges if they don't provide at least one new advancement. BTW cloning a repo and replacing key values doesn't count.

If you aren't contributing anything on the protocol level GTFO you're taking up valuable ports. This entire forum looks like a craigslist bot started pushing altcoins.

I tend to agree with you that the exchanges are the ones to blame. If they only had a few quality coins then it would stop people cloning new crap everyday. Cryptsy used to be the home of the crapcoin, now it is actually one of the higher brow exchanges.
legendary
Activity: 2940
Merit: 1090
January 17, 2014, 04:13:46 PM
#2
There's no need to take the action you suggest.

The markets will speak and ultimately decide which coins survive and which ones perish.

Or in other words, the spammers will spam aka the marketers will market, ultimately deciding how much spam to spam per scam to spam and scam the suckers into blowing their hard earned wealth on.

All the market is telling us is that unregulated scams find victims easily.

-MarkM-
sr. member
Activity: 350
Merit: 250
January 17, 2014, 04:07:25 PM
#1
Since when did technology progression become such a joke Huh It seems like there's been a new coin released every 5 mins.. each bringing absolutely nothing new to the table other than being "rare" or "abundant". Hey my old cigarettes are rare and btw my 5 gallon water bottle full of pennies is abundant - doesn't mean they are worth anything.

Honestly this entire scene is being polluted with garbage coins. Dogecoin? Really? What new tech did this coin bring to the table other than a ridiculous block reward and large supply pool? It's just another clone with a dog picture slapped on it. Coinye West? Really? You actually thought that you had a chance at becoming a top rate currency? Piratecoin? What possible advantage does an internet pirate have by using your coin? 42? Trading at $800,000 a coin... Someone tomorrow clones it and releases "41" trading at $xxx,xxxx a coin. Next week someone creates 1/4 coin "only 1/4 of a coin will ever be released" trading at $xxx,xxx,xxxx,xxxx.

Honestly it's gotten so bad that a dogecoin minion tweets to Matt Green(zerocoin) defending his crapcoin from Matt's righteous Dogecoin mention in a recent Forbes article. Matt is working on some next-level tech in the crypto scene he shouldn't have to respond to some crapcoin holder or developer for that matter.  

The only real altcoin list I see so far is Anoncoin, Litecoin, Stablecoin, Peercoin, Zerocoin, Primecoin, Skiencoin, Securecoin and Datacoin.

Each of the above coins has/is working on new technology to progress cryptocurrency into the coming years. Honestly we should start a movement to remove other altcoins from the exchanges if they don't provide at least one new advancement. BTW cloning a repo and replacing key values doesn't count.

If you aren't contributing anything on the protocol level GTFO you're taking up valuable ports. This entire forum looks like a craigslist bot started pushing altcoins.
Pages:
Jump to: