Topic: Altcoins dying???? - page 3. (Read 10852 times)

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311,598 DOGE ($71.34 USD)
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LMAOOOOO

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See:
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LMAO

ADT was just revived from the dead.

 So why even bother to support these obvious Pump & Dumps ?

 Maybe because greed is getting the best of you?

 These recent profit levels wont last for scrypt coins. Your all being far too unrealistic. Just last summer it was merely a few dollars a day with 3 - 7950's at 1800KH/s. In 2013 rarely were profit levels anywhere near as high as right now, and every time they spiked like they have now you don't want to know what came next!


 The current phase starting here and now is getting the better coin types to market, like bitcoin already is.
==================================================================


 DON'T SUPPORT these pumpcoins and these dumpcoins. Or your effectively doing others (the fools rushing in these last several weeks) harm as well. Sure we all get temptation. Sure I even took the bait a few times when it was easy pickings for a quick buck. But almost always I resist the temptation. I almost never mined and then sold. I only mined what I believed would be longer term successes and these days that's not the current crop of copypastecoins.


So: Re: Altcoins dying?

 Starting RIGHT HERE, Right Now: things just changed, again! Drastically. This is suddenly another new phase, the fifth phase in the last 12 months alone. I wont spell it all out.

 At this point in time I strongly believe it would be extremely wise and prudent to select the highest quality coins to mine.

 And remember, the developer alone can't do it all. Every coin needs a strong community. It's also a given the we must support and help the coins we chose to hold, one way or another. Otherwise this entire affair is again just going to harm others for the sake of what? Someone else's gain.

 So instead of focusing on all these cutcoins pastecoins copycoins catcoins now rolling out just to mine a ton of shitcoin for mere peanuts perhaps it would be wiser just to ignore the noise from here out.

 Or, in other words, from here out I don't give any time to any coin that first doesn't come to the table with a good name, and also most importantly offers something nothing else yet does, something better, or special, unique, that gives it a real good chance. And much better be a true Masterpiece.

 It's just too late in this Crypto Monetary Revolution for ever more copy cat coins. That phase is now being obliterated by fools rushing one copycoin after another copycoin. Forgetaboutthem. Their all doomed if that is all they have to offer. Every last one of them. If their not here already http://coinmarketcap.com/  , or at least haven't already been long since created and doing well by now then odds are their not going to make it at all, unless their cutting a new path, or a real masterpiece.


 Much hash power is being wasted on tiny gains, where as if one focuses on first learning about the coins, the best ones, what they each offer, what sets them apart, what is what, what's different, and how each can fit into the marketplace well after all that research and study, only then will anyone be making anywhere near a prudent choice. Till then maybe it would be best to simply use the KISS method. (Keep it simple stupid).

  In other words stick to the highest quality until you can determine yourself what are the best and better alt. coins. And don't forget about Kingcoin *Bitcoin*. It's the King, it's going up even when everything else is getting hammered, all over again, just as soon as the next super surge strikes it again. So there. That's from someone that took about 18 months of study, research, and much effort, to learn this, all from scratch. And took the time to offer what I think would guide you well. And hence how and why I sign my messages below!



All of these have a real good chance of going all the way!
====================================

http://bitcoin.org/ = The Masterpiece. & the King.

http://litecoin.org/ = a Masterpiece.

http://www.peercoin.net/ = a Masterpiece.
http://ppcoin.org/primecoin = a Masterpiece.

http://securecoin.org/ = a Masterpiece.
http://www.quarkcoin.com/ = a Masterpiece.

http://novacoin.org/ = a Multi-Cloned Masterpiece.
CosmosCoin.org = a Multi-Cloned Masterpiece.

http://cryptogenicbullion.org/ = My Personal Favorite & a Masterpiece.
http://www.bitbar.biz/home = My Personal Favorite & a Masterpiece.

https://anoncoin.net/ = a Masterpiece.

https://ripple.com/ = a Masterpiece.

http://www.sexcoin.info/ = a Community Built Masterpiece.


cryptometer.org - Historical Mining Rate Production Charts
http://cryptometer.org/index.html

http://www.thebitcoinchannel.com/


 BTC - Next stop = $2000, or $3000, or even higher, maybe to $4500 to $6000. Real fast. And will leave most if not all Alt. coins in ruins for a spell, just like in late October through Mid November, as many flock to safety on the BitcoinExpress. Only this time many others will realize to jump aboard after what they remember from just a couple of months ago!

 Lastly, the next trading range will be anywhere from roughly $1200 to $2000 or maybe $ 1600 to $2400 or $2000 to $3400 or as wide and wild as roughly $ 2000 to $6000.

 And of course I could be very wrong here. So beware. No one can know the future.


 Welcome to the BitcoinExpress!


 
Caveat emptor - let the buyer beware

+1

Just read a bit into this thread; all I can read in your posts is:
1) you bought some graphics cards, hoping to make a quick buck
2) now you are scared/upset that it doesn't work out

Part of me wants to be really tough with you. Because your expectation is to make a quick profit. And you apparently did not do any research before jumping into mining. You just thought of the free 900-1200$/month you'd make. No risk, no skills needed, no work involved. And as it doesn't work out you suddenly talk about coins dying. What now? If it was that simple to make money, I'd rent out a warehouse and run 100's of 7950's.

The story repeats itself every 6-12 months. We've already been there in June 2013. Many new coins had crazy high profitability for some time - but then suddenly they lost value and Litecoin was the most profitable altcoin to mine. And eventually a rig like yours would make 2-6$/day after energy costs. Which sounds like a fair price to me.

Read this about a guy who made a loss mining litecoin in 2013; learn from his mistakes:
http://reckoner.com.au/2013/08/im-done-mining-litecoin/


Now regarding the economics of altcoins. Let me ask you:

Why would anyone pay you $30-40 a day for running 2x7970 or 3x7950? There is almost no special skill involved, no market entrance barrier and if you thought you could make a quick buck, so did 10.000's others!.

Profit maximising by all miners (and switching coins/pools) is going to equalize the profitability of all listed coins. Soon LTC will be as profitable as most other altcoins. Because people like you learn how to pick the most profitable one and increase the difficulty to be on par to its market price.

The other effect is that more people jump onto the mining bandwaggon and drive up the difficulty overall until it is barely profitable to mine any coin. We are talking $2-5/day after energy costs for your 1500kH/s - which sounds about fair.

This is a free market and YOU have to find a niche where you can compete in mining, for example:
a) low energy costs? (as low as 0.10$/KWh in the US)
b) well informed regarding new altcoin releases?
c) can take a lot of risk/have money => invest in ASICs?

There is tons of other ways to add value to the community and hence to make money. You could start trading, develop better coins, run a mining pool, create a website for spending coins, lottery, poker etc.

And eventually all coins may die with you holding a bag full of BTC.

No fake and all these guys PAID for these generated coins.

altcoins dying? look at ronpaulcoin price on coinedup and be surprising

Coingen
We received your request to create milfcoin .
The monkeys, however, are waiting for 0.2 BTC to be sent to 14zPjwvyBsUydAefJjH2eJHqEBdJs2CoTG before they start building milfcoin .

My 2 cents Theory

People will realize that all this stupid named alt coins will become nothing. That is why a lot aren't hitting teh exchanges.  Some will  like electric coin and so forth that seem to have some type of backing.  Will they be the next BTC or LTc most likely not. 

if you haven't noticed though a lot of  money has gone out of the alt coins again thusly reducing the price.  It will go back up again, the next time there is a Doge coin that gets the masses.

I am shocked that MILF Coin is still available... lol

Tell me this is fake.

All of the alt coins are being pump and dumped. Which coin has a legitimate purpose or future?  Also most are falling in value because they are tied to btc/ltc and those are on the rise. If the price remained the same on the alt coins, they would be gaining value.

all these pump and dumps are scams ,if your not trading these scam coins for litecoin/bitcoin your gonna have a bad time.

If you see anything positive about phony marketing, well, I have to like your optimism.

So EAC will actually rise on Cryptsy?   The Miners wont dump their tens of millions of worthless coins into the market?

OK, then I stand corrected....I will dream a dream that Earthcoin is not a scam coin.... I mean, I can dream after all, can't I?

Just stop, you're embarrassing yourself. You sound retarded

WTF is up with you testbitcoiner?

Talking about EAC like its the only coin that gets its market manipulated - its happening all over the shop.

I dont even know what the point is that your trying to make half the time - one second your claiming its a great coin, the next your harping on about how everyone should be mining because its most profitable? Its only the most profitable in the here and now - so you have to be selling it straight on, in which case you dont give a fuck about the coin or think its ever going to be worth anything more in the future.

Cage coin/ moon coin die in hours after he go on coinedup and other small exchange. People totaly dump the coin soon as possible. Earth coin are on exchange over weeks and he stay very stable. I sell some 2 weeks ago at 300. And today he are at 300. On last month coin, it's the most stable.

You are trying to hard, really bro.