Topic: Altcoins dying???? - page 7. (Read 10859 times)
Ok, we get it.
Yeah bro, once EAC hits Cryptsy all will be good. Freedom will break out on Earth, EAC price will hit dollar parity, virgins like you will get laid ... Everything is possible.
right now I'm just interested in making money.
and EAC is 32% more profitable
that's the problem with multipools who are too lazy to update their outdated scripts
Yeah bro, once EAC hits Cryptsy all will be good. Freedom will break out on Earth, EAC price will hit dollar parity, virgins like you will get laid ... Everything is possible.
We get it. EAC is the best. Now GTFO.
doge has a diff of 300, is worth 28 satoshi and has a block size of 500k
EAC has a diff of 60, is worth 370 satoshi on coinex and coined up and has a block size of 10k
since you guys are obviosuly bad at math (if you say doge is most profitable) I'll do it for you:
both coins have same block time at 60 seconds
doge: 500.000*0.00000028= 0.14 BTC
EAC: 10.000*0.0000037= 0.037 BTC
that's how far you calculate obviously....
but then doge has a 5 times higher diff
and thus:
doge 0.14 / 5 = 0.028 BTC
EAC 0.037 BTC
but keep mining doge... once EAC hits cryptsy, it'll go up. doge is still gonna go down.
but keep flaming me
edit: I owned doge... I had mined it a lot, until EAC became more profitable. look at my sig. I'm still accepting doge tips
You know.... I just Realized something, OMG yes, RIGHT when dogecoins came out EVERY other coins value went down by half... WTF...
dogecoin? you mean the only coin in history that reaches a new all-time-low every day?
Right now the safest bet is to get your money into LTC or BTC as fast as you can and everyone knows it. But we still all want to partake in the dream of one of these 'shit clone coins' making it. To some that means supporting the coin with the prettiest logo or the fastest growing value, whilst to others it means following a rank outsider because of a community or just a name.
So many of these coins will have to die at some stage because simply having a run of the mill gambling game and being on cryptsy will not make it stand out.
We get it. EAC is the best. Now GTFO.
EAC-shill: DOGE is still the most profitables coin to mine. Just go multipool.us and see what they mine.
Stop hating on other coins, your beloved Earthcoin is created by confirmed scam artists and based on the Earth-meme.
Stop hating on other coins, your beloved Earthcoin is created by confirmed scam artists and based on the Earth-meme.
EAC is a lot more profitable lol.... but multipool and other multipools only look at cryptsy. and EAC will get to cryptsy tomorrow or in 2-3 days.
they are stupid enough to use a script that loses them money. I think that's great
for me...doge is not even the most profitable on coinwarz (which also uses no exchange EAC is on atm)
people on multipool are being had.. but that's not my problem
no one who is mining doge is looking at the chart. it has lost value on every day since its launch. every damn day. so people mine it, and dump it immediately.
thus prices will drop further and further.
people who mine EAC will triple their money compared to doge once EAC hits cryptsy
EAC-shill: DOGE is still the most profitables coin to mine. Just go multipool.us and see what they mine.
Stop hating on other coins, your beloved Earthcoin is created by confirmed scam artists and based on the Earth-meme.
Stop hating on other coins, your beloved Earthcoin is created by confirmed scam artists and based on the Earth-meme.
Earthcoin and every other well marketed coin comes like a tsunami and then when it goes by nothing is left.
Ofcourse some will survive but 99.9% of those coins were only made to make the maker richer.
Yep DOGE is still OK
much crash
low difficulty
very miney
wow
EAC-shill: DOGE is still the most profitables coin to mine. Just go multipool.us and see what they mine.
Stop hating on other coins, your beloved Earthcoin is created by confirmed scam artists and based on the Earth-meme.
Stop hating on other coins, your beloved Earthcoin is created by confirmed scam artists and based on the Earth-meme.
You know.... I just Realized something, OMG yes, RIGHT when dogecoins came out EVERY other coins value went down by half... WTF...
dogecoin? you mean the only coin in history that reaches a new all-time-low every day?
You know.... I just Realized something, OMG yes, RIGHT when dogecoins came out EVERY other coins value went down by half... WTF...
only quality coins like EAC will survive
you need a professional team, plans for the future of the coin and a community.
EAC has all that.
there is an USD/EAC only exchange in the works, an android wallet, some shops are already accepting it and so on...
most new coins these days are based on cute animals or memes. that has to stop, and will stop once these trashcoins are no longer accepted at exchanges
you need a professional team, plans for the future of the coin and a community.
EAC has all that.
there is an USD/EAC only exchange in the works, an android wallet, some shops are already accepting it and so on...
most new coins these days are based on cute animals or memes. that has to stop, and will stop once these trashcoins are no longer accepted at exchanges
Securing networks is not useless. WTF
no I didn't mean it like that, of course its a great thing to secure the network, I meant for profit
Securing networks is not useless. WTF
well now 1.5 MH/s is averaging $10-15 a day with the most profitable coins, I give it 1 week to reach $2 a day dont you all agree? Or does it have a chance of boosting back up. I don't no.
Well, that tends to happen when everyone and their mother just pumps and dumps them on the market. Bitcoins used to be the exact same way as all these other alt-coins at one point. Until the actual supply of any of these coins goes down quite a bit, they will never be worth much
so the matter of the fact is scrypt mining Is inFACT dying of profits, soon you wont make profits AT ALL its going down slowly and slowly as I said $14 a day for 1.5 MH/s. YOu wont make money and more mining, just securing networks which is useless. UNLESS it goes back up and thats what I'm asking.
seeing a thread here entitled 'Altcoins dying?
' is a sure sign to buy
remember that 'ltc dying???' - thread?
i agree on 'market becumes deluted with spam'
' is a sure sign to buy remember that 'ltc dying???' - thread?
i agree on 'market becumes deluted with spam'
Mining is intended and designed o be lower and lower and lower profit. The whole point is that we don't want to waste money paying inefficient people to inefficiently secure the network. We want/need it to be secured as efficiently as possible and as securely as possible.
this is a good way to think about it. at least it gets us beyond the myopic, gold-rush mentality of altcoins.
You can make more shit pies so there is more pie to divide but shit pies just aren't as good a product as some other kind of pies so at some point no one will care how many shit pies you have they will want you to go away and stop throwing shit pies at them, instead of going like oh wow a whole shit pie how much do you want for that?
um... how many CrapCoin for a shitpie? i will pay top turd for quality shit. 
Mining is intended and designed o be lower and lower and lower profit. The whole point is that we don't want to waste money paying inefficient people to inefficiently secure the network. We want/need it to be secured as efficiently as possible and as securely as possible.
There are only so many coins minted per block per chain, and if you go on spamming the world with more worthless insecure chains of course they are worth less and less and less. However many coins are minted per day has to be divided up among all the hashes mining them, so every tiem you add a new rig you are making every existing rig earn less coins.
You can make more shit pies so there is more pie to divide but shit pies just aren't as good a product as some other kind of pies so at some point no one will care how many shit pies you have they will want you to go away and stop throwing shit pies at them, instead of going like oh wow a whole shit pie how much do you want for that?
-MarkM-
There are only so many coins minted per block per chain, and if you go on spamming the world with more worthless insecure chains of course they are worth less and less and less. However many coins are minted per day has to be divided up among all the hashes mining them, so every tiem you add a new rig you are making every existing rig earn less coins.
You can make more shit pies so there is more pie to divide but shit pies just aren't as good a product as some other kind of pies so at some point no one will care how many shit pies you have they will want you to go away and stop throwing shit pies at them, instead of going like oh wow a whole shit pie how much do you want for that?
-MarkM-
well now 1.5 MH/s is averaging $10-15 a day with the most profitable coins, I give it 1 week to reach $2 a day dont you all agree? Or does it have a chance of boosting back up. I don't no.
it's almost like more people are mining, and technology gradually becoming obsolete. Jump to: