im not talking about others, i am talking about the other cat traders who are doing the same thing i am, how could 100's of user make the same profit. as would 10 people doing it. there is simply only so much profit in each market thats how they work, and cat makes money by nibbling on each trade, now how can i get the same amount as before when there are 100's of other now nibbling on those same trades.
j
you mean, everybody share the same cake, and by adding more people, you are going to get smaller cake..?
yes, that is true if there's no miner out there, you can't buy altcoin without miners keep mining the coin, and the altcoin price will not getting higher if the altcoin difficulty is very low, means only several miners exist
look at bitcoin, the difficulty is insanely high, but why do you keep your btc and not alcoin which has lower mining difficulty, yes because bicoin is an attractive market, adding more Gigahashes means increase in difficulty, more difficulty means coin is harder to get, and the price of the coin is flying to the moon
what traders should do is choose attractive market, and promote crypsty.com to miners out there,
I want to know btc/usd price in cryptsy, you can see bitcoinwisdom.com is comparing price in several site, you can see how attractive the site by comparing the price
I wonder how many trader here know that people can't get altcoin without solving scrypt..?
but really, the one make most of money is cryptsy, if you have thousand dollars I suggest you build another one, the fee can be as low as 0.000000001 but it is plus and not minus to your account, and remember keep your site attractive for traders and miners