Topic: COINEDUP destroys all the coins (Read 993 times)

No problem, it's OK to have dreams and wishes. 

Good luck buying a new house with your doge coins. Hopefully it's not just a house on Farmville

Agree with this point doge will not vanish now, it is simply too big. Something huge would have to happen now to it to take it out.

However, QRK and MEGA  have large communties also, those coins are not going anywhere either.

Almost all other alts for sure will die but not DOGE.
In about 6 months more that 80% coins will be mined out.
I have seen few DOGE shops, even someone wanted sell his house for 5m DOGE.
Show me the same with Quark, Megacoin ext dedicated only for them most of them only exist only in exchanges.
There is many declaration we will make this and this.
There is big marketing propaganda who tells that coin is the best.

what a troll! go f yourself U and BTER where people CANNOT Withdrawal coins

EAC needs a full ledger for the premine - until then it will be classed as a scam by many, shame because it does have a good community.

DOGE was the first big coin for this wave of miners, you can almost liken it to FTC for the last wave in april.  Psychologically people will recall it as their first intro to mining crypto. The hash is still massive and with rewards going down i think there will always be enough support for it to hold steady. It has a lot of coins so fair price could be as it is now, above or below. I am holding some anyway since it was too big to die off.

WDC - interesting yes, let's see.

If you notice the pattern though, a lot of new coins are flooding in from the same people, all noob accounts just set up to launch another scam coin that will do damage, noobs come in buy this crap and get pissed off when it dies on them. Coined up does need to start being more selective though as do all exchanges.  The big exchanges don't touch many coins and i can see why now.

@cryptohunter

I agree with the most that you are saying. But i don't believe that doge and cat will survive. They are made for childrens to play with, and that's it. If i take a look at doge i can see 0.00000001 comming soon. Same shit as DimeCoin, CatCoin, MoonCoin, WhateverCoin, etc etc ... ...

Yes, some new coins seem to have a chance because they got a good concept behind and further development in front. WDC (personally i don't like that a few people holding big ammounts and therefore i sold my bag with a lost) is doing something for the future. They started new ideas and maybe you can soon trade WDC 9WorldCoin) against $. I hope i don't regret that i'm out - but we will see.

Another coin that comes to my mind with a good prediction is EAC. That team is very active and will go the right way, i'm quite sure about that. That was reason enough for me to buy some and hold. The noobs are doing a great job for me as they dump the prices right at the beginning, making it easy to create a nice bag full of EAC. Personally i don't like the name "EarthCoin" because it reduces the name to only one language. People from other countries may not like that. But that's another story. "LiteCoin", "PeerCoin" are also strange names for a future currency, but it seems that the market doesn't really care (atm).

Finally the market will clean up anyway. Shitty coins will not have a chance when real money from investors get involved. Not talking about 2-3 BTC, talking about real money.

It's the difference between shares in million-dollar companies and penny stocks. You sell garbage, you pay garbage.

hmmm...  get-rich-quick speculators wouldn't be the idiots that are destroying all these coins, would they?  

coinedup takes a cut, but they don't do shit without people that think every coin is to be exploited.  

every time you make money off these coins in a get-rich scheme it comes out of other people's pockets just as quickly. most of these coins are cannibalistic,  zero-sum games with little-to-no interest from people outside this forum. if you're holding on to a worthless shitcoin right now, you know how being left holding the bag fucking stings.  

Over time, people around here have been fleeced once, twice, or a dozen times.  people gradually learn that it's ok to fuck the next user over:  some just a tiny bit, and some just don't give a flying fuck.  either way, it all adds up to a groupthink pump-and-dump that nobody thinks is wrong becuase this time, they're the ones doing the pumping.  this time, it's ok.

this is the same bullshit the 1% foist on the rest of the first world:  the 'american' dream that you too can claw your way to the top if you work your ass off.  99% of the time we're making lottery tickets, not money.  a shitty online exchange has nothing to do with this failure in human rectitude.

New coins are out there only because people are greedy, impatient fucks.  

they dump because they know another shitclone will be there in 5 mins to mine and dump again.

The entire last wave of shitclones will die maybe doge and a couple of other will survive. In the end nobody will mine new released coins since they will never make exchanges and die in hours or days.

I think it is already nearly there.  

Nothing new or innovative in the ENTIRE last wave of coins released. Doge will probably survive since it was the first big one and has a large community. Eac may survive and Cat may do who knows which but the few that have the biggest communities will probably make it. The rest are going to be dead.  

Without innovation only a strong community will enable a coin to survive. It's quite simple really, people like a certain coin, mine it constantly and fixate on it. Communities are developed and demand remains strong. Then features and applications arise price contiunes to be stable or rise.


New clones are screwed now....every thread is full of WTS (want to sell) before it's even been out 1 hour. Don't waste your hash on them.

A lot of them are by the same crew....the follow this format


1. develop a coin
2. have their  big farms ready (some have 300MH or more)  to go from 1 second after announcement before others even have the wallet downloaded
3. rape the coin of all the easy blocks drive diff up high so hard to mine for others.
4. start dumping on noobs who are sucked in by hype or just fact its a new coin and find it too hard to mine.
5. .......start again with a new shit clone.


Show me one coin from the last wave that did anything but copy and paste and change some variables??


the last wave of clones back in april did this, but really there are already nearly 100 of them, people are getting a bit smarter now and realise there is just no point to them.

but there aren't any buyers at coinedup ..

Not CoineUp destroys the coins. The dumbasses that immediately dump their coins when a new coins get listed are to blame.

+2

Nonsens!
If coinedup dont trade them other exchanges do.
And like cryptohunter said: Too many new coins with zero innovation destroys the coins.

+1

No

Too many new coins destroys the coins. Need to say NO to all new coins with zero innovation.

This is a small community who is offering al new coins but miners drop there and nobody is going to buy because it is small community

Think we must stop te request to add our coin to coinedup