Topic: life cycle of coins (Read 510 times)
It's funny because it's true...
some get rich
some get poor
on new coins
some get poor
on new coins
1a:Premine, isntamine
1b:ORPHANS GALORE
2:hype
3:faucets+givaways setup
4:p2pools
5:google Docs exchange
6:pplns pools
7:cryptoblackjack+bitgrenade accept it
8:ussually-exchanges accept it usually this order 1:Cryptsy 2:bter(maybe) 3:vircurex(maybe) 4:BTC-e(with bribe)
9:dump from premine, early adopters
10: price nosedive
11:either
death
recovery and widespread adoption
or somewhere in between
12:Coin is forked into a new coin
1b:ORPHANS GALORE
2:hype
3:faucets+givaways setup
4:p2pools
5:google Docs exchange
6:pplns pools
7:cryptoblackjack+bitgrenade accept it
8:ussually-exchanges accept it usually this order 1:Cryptsy 2:bter(maybe) 3:vircurex(maybe) 4:BTC-e(with bribe)
9:dump from premine, early adopters
10: price nosedive
11:either
death
recovery and widespread adoption
or somewhere in between
12:Coin is forked into a new coin
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