Crypto dump, but Xcoins the real losers

nsimmons

sr. member

Activity: 308

Merit: 250

Quote from: Zer0Sum on August 17, 2014, 09:44:23 PM

Quote from: nsimmons on August 17, 2014, 08:22:45 PM

Quote from: numisma on August 17, 2014, 08:04:59 PM

DRK and XC from this year surely.

Hundreds of thousands of gpus will just leave the market and give up? They will make their own market, if its not x-algo it will be something else.

BTC asics, gpus were dead, ltc asics, gpus were dead, x11 worthless, gpus dead. Im still running a 65% profit margin with my farm.

That ain't workin' that's the way you do it
Money for nothin' and your chicks for free.

That reference is almost as old as I am.

Zer0Sum

legendary

Activity: 1588

Merit: 1000

Quote from: nsimmons on August 17, 2014, 08:22:45 PM

Quote from: numisma on August 17, 2014, 08:04:59 PM

DRK and XC from this year surely.

Hundreds of thousands of gpus will just leave the market and give up? They will make their own market, if its not x-algo it will be something else.

BTC asics, gpus were dead, ltc asics, gpus were dead, x11 worthless, gpus dead. Im still running a 65% profit margin with my farm.

That ain't workin' that's the way you do it
Money for nothin' and your chicks for free.

kelsey

legendary

Activity: 1876

Merit: 1000

Quote from: rikkejohn on August 17, 2014, 08:02:19 PM

The scrypt coins are currently fighting the idea that Asic means death. I have no idea why that would be the case.

well it wouldn't be the case, think you'll find half the FUD spreaders intend being on the ltc buy side at some point, hence their massive amount of ltc is dead type posts.

GreekBitcoin

legendary

Activity: 1428

Merit: 1001

getmonero.org

>>LTC and DRK will survive

nope.jpg

>>The scrypt coins are currently fighting the idea that Asic means death. I have no idea why that would be the case.

Let me help you to understand why. Because scrypt was created only in order to be mined without asics. Now that there are asics there is no point of them to exist.

How much did you lose m8? Instead of trying to revive your almost dead coins try to invest on something that isnt premined and is actually doing the work it is supposed to do Wink

nsimmons

sr. member

Activity: 308

Merit: 250

Quote from: numisma on August 17, 2014, 08:04:59 PM

DRK and XC from this year surely.

Hundreds of thousands of gpus will just leave the market and give up? They will make their own market, if its not x-algo it will be something else.

BTC asics, gpus were dead, ltc asics, gpus were dead, x11 worthless, gpus dead. Im still running a 65% profit margin with my farm.

numisma

member

Activity: 61

Merit: 10

DRK and XC from this year surely.

rikkejohn

hero member

Activity: 644

Merit: 500

It appears to me, and someone can object if he or she has figures, that Xcoins are the bigest losers in this dump. I suspect the minor ones to disapear, and perhaps DRK will tread water for a while. Monero will cease to exist, surely.

BTC will probably spring back, which means LTC will probably follow.

The scrypt coins are currently fighting the idea that Asic means death. I have no idea why that would be the case.

Hardware upgrades all the time. This is a just a shift from GPU to Asic, and not everyone will have the Asic that can sweep up every coin.

More likely is that anything that can only be mined with a CPU is the one to fall.

So BTC, LTC, maybe DRK, perhaps NMC, PPC the only coins that could rebound for a period of more than a month.

DRK is the one I'm undecided on

Topic: Crypto dump, but Xcoins the real losers (Read 1637 times)