Topic: Investigation Complete of Instamines and Fastmines for almost every top alt coin - page 2. (Read 12014 times)

A lot of hard work you’ve put into this, and I too must congratulate you. I am a miner AND investor and, in this crypto space that’s filled with con-artists and their all too often willingly ignorant victims, I wholeheartedly welcome your contributions. It’s work like this that will someday be seen as part of the beginning of the emergence of serious bona fide cryptocurrencies.

I’ve got to commend you on your courage as well - got to stand up to them face to face and give them hell like you did here: https://bitcointalksearch.org/topic/m.6635563 (When you can anyway . . . the army of sock puppets are a little bit more difficult to address . . .)

If you are still adding coins, perhaps you might find interesting adding the following to your wiki:
SRC, EXE, HIRO, DGB, DMD, GRS

And maybe the best take away from this analysis to date might be Myriad.


Might that be yet another very compelling reason why MYR is quite possibly one of the best long term investment prospects out there right now?



BTW, @r0ach, how do you explain DGC’s distribution curve (a coin that has prided itself on fairness from day one and released in a pre-KGW World)?

Exactly.

What we have here is an opinion piece disguised as an objective report. The author (in the report comments) is attempting to make a complete argument by blatantly "spinning" incomplete data.

Law enforcement does this all the time by using convenient evidence to make their case while ignoring facts that might exonerate their suspect.

lurking in the bushes are weeee haha ;-)

How is LTC not an instamine? Honestly?

pirateat40 ?  ~i'm new to this lol

Well, I bring up intrinsic value because I believe that that needs to be accounted for when you make investment analysis. If anything, the initial distribution is just one factor in the outcome (X + Y = Z) - basing any conclusions purely off of this one variable *might* give you the right answer (Y happens to = Z), but more than not, it'll be wrong because you didn't account for the other known variables.

So there's nothing wrong with providing this "data", but, as I said, making investment conclusions based off incomplete data is more often wrong than not.

Perhaps I should do an analysis, but I feel that it would be redundant (well, at least to me) because the cryptos on the top of my analysis would basically be all the 2nd gen coins (Ethereum, NXT, maidsafe, etc.) Are there people who don't actually believe these types of crypto are the future? 

Pandaisftw

Which guy, I can't seem to remember?
Well good luck with your investment, I'm only into a very few altcoins. Yeah this season hasn't been that great, but I'll be here for another year or so if all goes well.

yes hold tight, the more cryptos get accepted in the Wall Street circles the more you will see this kind of thing. you remember that guy in Texas? pirate...yes i have no problem with people who follow their dreams whatever if its premined/instamined if they stick around and use the bread for building their dream!
Bitcoin sCrypt(BTCS) is one i'm actually holding a few thousand long term because they have a tight community and devs who are on the ball and want to take it back to the roots!

*good to see you are still around LaudaM ~it's been a trying season! =\

This doesn't come as a surprise. There might be a handful of developers that keep releasing coins to earn/scam people for money.
I don't think that you can get him into a prison. How would you even find him?

P.S. Never touch coins that have 'bitcoin' in their name, except the original one of course.

XBC(Bitcoin Plus) number one scam i've found recently we need to get the dev to give back the 50+BTC he stole from the community. Then throw him in prison. Who is with me? :-)

Nobody in the right mind is going to believe that NXT has so many people in it. Nobody is selling, and the buy walls are thin just as you've said it. I actually think that it wouldn't even be $25,000, because people would lower the walls (unless it was instantly sold, which would crash the market).

this is the dumbest crypto analysis I have ever seen (with wrong methodology)

how can anyone write these bullshits?
- you cannot sell all, if you have 50 mega Nxt, it is as same as having 1 mega Nxt in terms of valuation.

Today if you sell 550.000 Nxt on Bter and Cryptsy, 1 nxt would cost 1 Satoshi.

Only the dumbest sucker could believe to these calculations:

when in fact it is $25,000 dollars, because if anyone would start selling, he could sell only $25,000 to get to zero in exchanges, not more.

Well that's progress. Perhaps you should tone down the emotive language in your commentary to reflect that fact.


Suggestive of what ? That the developer colluded with the initial stakeholders and they were all secretly part of the same group ? If that's what your suggesting then I think you should spell it out in the commentary so it's unambiguous, along with the basis for suspecting this. There would be nothing wrong with doing that and presenting it as something to be taken into account when making investment decisions since none of us can know one way or another. There does not appear to be any material evidence of such collusion but it could still be possible.

Where I take issue with your report is the wholesale slamming of a perfectly good project that has a massive community of constructive members - both developers and investors - based on this one issue that's fading into historical irrelevance anyway.


So you do think it's overvalued. At last a clear and simple market appraisal free of antagonistic jingoisms (almost).

Why don't you just state that then along with your reasons ? I happen to think it's undervalued since we are about to see a new phase of growth in 3rd party commercial ventures engaging with the NXT asset feature about to be launched. But that's just my opinion and you'd be entitled to take a different view of the situation. Would be a refreshing break from all the mumbo jumbo about distributions and what is and isn't 'insanity'.

Yup I remember that video.

You might try to agree to disagree but anyone with any understanding of what creates value and how to judge it will see the glaring errors in your piece.

If you want to label anyone a sucker, it would be Bcnext for giving away ideas and software worth millions of dollars for a few thousand bucks.

well we agree to disagree here.

If i buy a house for 100 (waaay undervalued) and then begin selling it at 100,000, those people buying on the other end are suckers.

"When what is planned" actually happens with nxt, then it can validate the price. its def not there yet.

Nothing, as it was sold to me for much less than people value it for. The same is true for Nxt. People see what Nxt can do and what is planned and the price rises as they think it will have more value in the future than it does today.

there is no proof of this being planned, so there is no big ethical qualm against NXT. the unannounced cutting off of the ipo during btc zoom upward is certainly, suggestive, but doesn't proof anything.

it appreciated wayyy to much in value, too fast, $7 --->$40,000 in two months... for it to be a good invesment now for somebody jumping in. Nobody wants to get into an investment at the top.

no. the better analogy is that you bought your house for 100 dollars in october, and sold it for 100,000+ in December.

What's wrong with that picture? Do i think its more likely that your house will be valued at 500K or 20k in the near future with a ridiculously fast appreicate like that? Unless you have the philospher's stone hidden in the basement, its closer to 20k.

From what I can remember, the new team (including Microguy) was working to get the coin fixed. Instead of releasing a new coin completely, they have just redesigned it and fixed those flaws. I don't consider goldcoin an instamine.