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Topic: Altcoins dying???? (Read 10859 times)

sr. member
Activity: 420
Merit: 263
let's make a deal.
January 20, 2014, 07:17:03 PM
Since when is a flat line dying?

asystole.
legendary
Activity: 1946
Merit: 1007
January 20, 2014, 07:00:04 PM
BTC has been flat for a while. Speculators are probably moving over to the alts again, which could explain some of the movement that is occuring in some of them.
BTC dying?Huh

Since when is a flat line dying? It's stable at the moment, and that makes it difficult to speculate on ups and downs.
sr. member
Activity: 420
Merit: 263
let's make a deal.
January 20, 2014, 06:57:40 PM
dogecoin is going to crash so hard.
that's ok; Jamaica still will get a dogesled team this year!
hero member
Activity: 770
Merit: 500
January 20, 2014, 06:53:52 PM
dogecoin is going to crash so hard.
sr. member
Activity: 420
Merit: 263
let's make a deal.
January 20, 2014, 06:53:08 PM
BTC has been flat for a while. Speculators are probably moving over to the alts again, which could explain some of the movement that is occuring in some of them.
BTC dying????
legendary
Activity: 1946
Merit: 1007
January 20, 2014, 06:50:56 PM
BTC has been flat for a while. Speculators are probably moving over to the alts again, which could explain some of the movement that is occuring in some of them.
legendary
Activity: 1232
Merit: 1011
Monero Evangelist
January 20, 2014, 06:39:39 PM
Doge is bossing hard.
full member
Activity: 168
Merit: 100
January 20, 2014, 06:25:10 PM
Quark has been up over the last week, and the last two weeks.
member
Activity: 75
Merit: 10
January 20, 2014, 06:23:16 PM
Everything is rising? No way, dogecoin is on a pump, but the major alts are flat. Someones assessment earlier in the month that the markets are tired ,is absolutely correct.
full member
Activity: 156
Merit: 100
January 20, 2014, 06:17:27 PM
Everythings RISIN!!!
hero member
Activity: 2604
Merit: 961
fly or die
January 20, 2014, 03:42:50 AM
We will have to see how this pans out.  But for now, there are actually a ton of good deals on scrypt miner day/weekly contracts, that almost makes buying a multi-thousand dollar rig and fronting the electricity bill yourself....worthless.  Especially for short term profit gains.

Can you provide an example, as I looked it up and it seems pretty difficult to find something that cost less that what I'm making with my 3MH/s, regardless of electricity and investment ? If the only way to make money with such contracts is to jump on new coins and sell as soon as possible, then it's exactly what's causing the death of altcoins.
hero member
Activity: 714
Merit: 500
January 18, 2014, 01:11:42 AM
Are we looking at a profibility increase/rise in the upcoming weeks/months? It seems like the coins exchanges are boosting slowly but still going up.

nope.  markets are tired from the big pump in November.  they are dried up an will be until the dead weight is shaken off.  Could take 6 months could take 9 months.  little profit until then.
full member
Activity: 156
Merit: 100
January 18, 2014, 01:09:17 AM
Are we looking at a profibility increase/rise in the upcoming weeks/months? It seems like the coins exchanges are boosting slowly but still going up.
member
Activity: 111
Merit: 10
January 16, 2014, 08:53:40 PM
Nope, Alt's are here for awhile for sure.  You just need to be a bit smarter about what you are mining...and how you are trading. 

Alts are for day-trading, LTC/BTC are for long term investments. 

Think cryptos in general are going away?  Not anytime soon, check out this article - http://www.nbcnews.com/business/porn-basketball-taxes-bitcoin-hot-streak-2D11940201
sr. member
Activity: 490
Merit: 250
January 16, 2014, 08:37:15 PM
crypto currencies are dead because they are being replaced with crypto corps
sr. member
Activity: 406
Merit: 250
January 16, 2014, 08:15:55 PM
Mining GPU's will always hold value (especially top models), simply for the fact that most of their primary value is derrived from gamers, NOT miners.  There will always be a guy running top notch games on his sli rig that will be willing to pay top dollar to play BattleField on high settings@60fps.

However, the real question will be IF dedicated scrypt miner units will ever be created soon.  It will basically shift this into a bitcoin scenario where gpu rigs will become worthless in the mining world, and anything less than 30mh/s will be completely pointless and phased out.  

We will have to see how this pans out.  But for now, there are actually a ton of good deals on scrypt miner day/weekly contracts, that almost makes buying a multi-thousand dollar rig and fronting the electricity bill yourself....worthless.  Especially for short term profit gains.


Wayyyyyyy too many shitcoins out there though.  And it needs to stop.  Or the market as a whole WILL suffer if there are tens of thousands of new, shitty crypto coins giving the industry an almost 'trivial/comical' feel to new investors...rather than a wave of the future.
full member
Activity: 156
Merit: 100
January 16, 2014, 08:08:20 PM
I'm wondering if this is a crash or just a BREAK (rest). Seems like it may be a crash to me.
full member
Activity: 156
Merit: 100
January 13, 2014, 09:26:19 PM
droppin droppin droppin without any highering. I remember when altcoins had a meaning, to be an alternative coin that would actually have profit.
hero member
Activity: 2604
Merit: 961
fly or die
January 13, 2014, 09:53:04 AM
You all talk about getting dollars out of this. So who do you expect will buy those coins you clearly don't consider useful yourself ?

PS : I'm not being judgmental as I'm doing the same except with euros !
full member
Activity: 156
Merit: 100
January 13, 2014, 12:56:47 AM
ya I don't think a 3 TH miner will make a RIO at all lol, at this rate it's RIO would be ahhh maybe 100 days?
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