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Topic: How to save alt coins (Read 422 times)

newbie
Activity: 22
Merit: 0
March 06, 2014, 09:38:04 AM
#1
Only the strong survive, but all these people complaining about new alt coins flooding the market don't understand economics. It doesn't matter if ten million new alt coins hit the market, that won't affect the value of other coins. It's the idiots that mine all these new crap coins that are the problem. If you don't want all alt coins to crash, then people need to quit mining these crap coins as soon as they hit the market for a pump and dump. If we essentially make it impossible for any new coins to be mined, it will create a barrier to entry and therefore all existing alt coins should go up. Some will live, some will die, but it will be a much better outlook for alternative crypto in general if this happens sooner than later. Stop mining all these new crap coins and let them die.
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