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Topic: Altcoins are dying - page 2. (Read 1644 times)

member
Activity: 112
Merit: 10
January 14, 2014, 07:58:51 AM
#6
They all have been even cheaper in November... This is the time to buy!

+1
legendary
Activity: 2674
Merit: 3000
Terminated.
January 14, 2014, 07:57:45 AM
#5
Who is selling? Because when you take the current prices then it cost you more on electricity then that you can receive when selling your coins.
Wrong. 1.3 MH/s makes you 10$ a day with my electricity costs.

Let the crapcoins die.
legendary
Activity: 1232
Merit: 1000
January 14, 2014, 07:52:41 AM
#4
too many altcoins...not enough money to go around.

some people sold DOGE to buy EAC.
some people sold GDC to buy Coinye.

these coins bring nothing new to the table. If you want to know what hyperinflation looks like, this is it. Create worthless coins out of thin air that go to zero. Human greed is killing the market. Look at Coinye, the devs have sold the project after taking in a huge premine.

I would just invest in solid bluechip coins like BTC and LTC. Wait for 2nd gen coins to come out, avoid all scam coins.

these are dark days for alts, we have no one to blame but ourselves.
legendary
Activity: 1120
Merit: 1000
January 14, 2014, 07:50:57 AM
#3
Who is selling? Because when you take the current prices then it cost you more on electricity then that you can receive when selling your coins.
sr. member
Activity: 518
Merit: 250
January 14, 2014, 07:47:37 AM
#2
They all have been even cheaper in November... This is the time to buy!
legendary
Activity: 1120
Merit: 1000
January 14, 2014, 07:45:12 AM
#1
It seems that the crash has started.

GDC was trading at 800 now only 69
DOGE was trading at 120 now only 37
LOT was trading at 50 now only 14
FST was trading at 5000 now only 1200
ZET was trading at 8000 now only 2800

And i can continue with this list forever. I believe that 80% of the coins lost more then 50% the last few days, some of them more then 90% since their high, for example TGC, GDC,...

When will we expect a ALTCOINS STRIKE BACK, because the market looks terrible!!!

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