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Topic: ENOUGH ALTCOINS???? DO WE NEED MORE NEW COINS???? (Read 2252 times)

sr. member
Activity: 462
Merit: 253
Is there a new list of scamcoins or deadcoins?

There is a long thread which keeps track of all dead coins:

https://bitcointalksearch.org/topic/necronomicon-thread-altcoins-which-are-dead-588413
legendary
Activity: 1098
Merit: 1000
Angel investor.
Yes, there are so many IPO coins which is made for money only.
legendary
Activity: 1750
Merit: 1005
Is there a new list of scamcoins or deadcoins?
sr. member
Activity: 462
Merit: 253
is there a way to band together and stop these altcoins

Just ignore them, and they will go away Wink

When using cryptocurrencies to get the advantages of partaking in a free-market, we also have to accept the disadvantages. Most notably, the high number of scams and useless scam-coins.
hero member
Activity: 728
Merit: 500
Just and extreme idea . what if from tomorrow there will be no coins launched? what would you do? You can't mine. You can't buy. You can't sell. You can't speculate. You can't stay on it. You can't do nothing. The market would die. I thinks there's no problem with launching coins. Your job is to choose which are not scams, which got potential.
Is just a dream to make every coin a world-used coin. Only BTC is that coin. every altcoin is made to make some money with it and that's all. In a previous post i elaborated why are good these coins to that 3 kind of users ( dev, miner,speculant(trader))
So keep it up with the coins. Cheesy
legendary
Activity: 1750
Merit: 1005
Just so you know.. its mostly the same 10 people lunching coin after coin.



Really? Huh Huh
full member
Activity: 148
Merit: 100
Each day, new altcoins arrive on the market.
 . Some altcoins are only made to make money.




This .
Most of all the coins that are released on daily basis are just pump n dump coins , no innovation , simply cloned coins . But there are still people who are buying them and becoming bagholders .

More and more newbies incoming in to cryptocoin forums every day. They will take some losses until they realize that there is no point to buy those short term coins.


If you are new and you want to put your money in to some cryptocoin, then do your research and think twice before you invest. Try to assess which coin will be there for a years to come and which will die.
My bets from the oldest to the newest of the altcoins are LTC, WDC, DOGE, CINNI, DIG. Im confident that those choices will average me a good profit after months and years to come.
I have no interest in short term pumps. I simply dont camble against all the trading bots.

Thanks for the hot tip.

You can review charts here. http://www.cryptocoincharts.info/v2/coins/info it is easy to see that most alt coins (especially ones that are more less bitcoin clones) will go up high in price and then go down farther and farther. 

The reason is that it is going to take a really great innovation to gain enough traction to stick.  Bitcoin has such a lead, it will take something many steps ahead of bitcoin to gain traction. 

wow u are right. it does go up and then down
full member
Activity: 148
Merit: 100
is there a way to band together and stop these altcoins
full member
Activity: 182
Merit: 100
Ask me about Karmacoin
Just so you know.. its mostly the same 10 people lunching coin after coin.

legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
Each day, new altcoins arrive on the market.
 . Some altcoins are only made to make money.




This .
Most of all the coins that are released on daily basis are just pump n dump coins , no innovation , simply cloned coins . But there are still people who are buying them and becoming bagholders .

More and more newbies incoming in to cryptocoin forums every day. They will take some losses until they realize that there is no point to buy those short term coins.


If you are new and you want to put your money in to some cryptocoin, then do your research and think twice before you invest. Try to assess which coin will be there for a years to come and which will die.
My bets from the oldest to the newest of the altcoins are LTC, WDC, DOGE, CINNI, DIG. Im confident that those choices will average me a good profit after months and years to come.
I have no interest in short term pumps. I simply dont camble against all the trading bots.

Thanks for the hot tip.

You can review charts here. http://www.cryptocoincharts.info/v2/coins/info it is easy to see that most alt coins (especially ones that are more less bitcoin clones) will go up high in price and then go down farther and farther. 

The reason is that it is going to take a really great innovation to gain enough traction to stick.  Bitcoin has such a lead, it will take something many steps ahead of bitcoin to gain traction. 
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
It is a crazy show.  Most aren't needed.  Many are scams.  Occasionally a gem shines through only later to not be special.  Bitcoin is the real coin because we believe in it, but someday an alt might come that is worth believing in too. 
legendary
Activity: 1588
Merit: 1000
Each day, new altcoins arrive on the market.
 . Some altcoins are only made to make money.




This .
Most of all the coins that are released on daily basis are just pump n dump coins , no innovation , simply cloned coins . But there are still people who are buying them and becoming bagholders .

More and more newbies incoming in to cryptocoin forums every day. They will take some losses until they realize that there is no point to buy those short term coins.


If you are new and you want to put your money in to some cryptocoin, then do your research and think twice before you invest. Try to assess which coin will be there for a years to come and which will die.
My bets from the oldest to the newest of the altcoins are LTC, WDC, DOGE, CINNI, DIG. Im confident that those choices will average me a good profit after months and years to come.
I have no interest in short term pumps. I simply dont camble against all the trading bots.

Thanks for the hot tip.
hero member
Activity: 728
Merit: 500
Many peoples didn't even know about altcryptos. Many others didn't even know bitcoin.
I think most of the altcoins aren't made to be coins like btc. There are only tales in the descriptions and in op when they are starting a new alt. You can read stuff like "this will be the new money of the century" and " the whole new coin of the world wich will change the worlds payment methods" and shit like that .
But this is not a problem i think. These altcoins are made to be short-term money factories. And there is 3 main users who use (and make money with) these new alt coins (with really good opportunities) - 1, Founder and Dev (due to premine,instamine etc.)  2, Miners ( who make huge amount of coins) 3, Speculants (who are trading with these coins) . knowing these the whole altcoin ( including Doge, ltc, even other shitcoins) "business" is a huge well and self formed system where these 3 types of users can make huge moneys by making this whole system complete and this is why is good for all 3 of them.
edit:
But there are many other things about alts wich you mentioned in the previous posts. Sure there are some really good coins with huge potentials, but none of them will be like BTC.

legendary
Activity: 1316
Merit: 1014
ex uno plures
The altcoin economy (pools, exchanges, etc) depends on a regular supply of fresh altcoins for its existence.

legendary
Activity: 1148
Merit: 1000
look @ guldencoin!
member
Activity: 98
Merit: 10
Good altcoins need competition to get better.

Bad altcoins will keep coming until people wise up and stop investing in trash.
legendary
Activity: 1750
Merit: 1005
we need more a qualitatively new stable coins, nothing more.

99% of the people here dont want stable coins because stable coins give no quick profit.
Look at Digit. Its the only coin with the perfect automated code for price stability and it struggles to get enough attention.
All what people care about is quick profit.

That does not apply to everyone.
I'm just going for coins with a good community, the developers are working hard on improvements and good prospects for the coin.
These coins have at present no great value. So make a quick profit will not succeed. But in the longer term, there is a possibility that they increase in value.
hero member
Activity: 546
Merit: 500
we need more a qualitatively new stable coins, nothing more.

99% of the people here dont want stable coins because stable coins give no quick profit.
Look at Digit. Its the only coin with the perfect automated code for price stability and it struggles to get enough attention.
All what people care about is quick profit.
hero member
Activity: 802
Merit: 1003
GCVMMWH
Why so many coins??? Because that's how the dilution attack works.
newbie
Activity: 51
Merit: 0
we need more a qualitatively new stable coins, nothing more.
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