What a fuck man? Now anybody can come up, make a coin and claim how they will change and save the world. Actually all they want is to make a quick buck. Just don't forget, for every dollar that you make, some innocent sucker/newbie out there has to lose it, which also means losing interest into the cryptos altogether.
This is getting ridiculous and this is why probably this bitcoin experiment will go down the drain in the future, with all of its clones. Now I understand what BCNext was saying, bitcoin is not here anymore to change the world, bitcoin has become a quick rich scheme for few and lose your money for many.
You want proof?
Look at the Zeta coin, this shit coin was dead in December, I even invested some money into it and got out of it with a loss and look at it now. Price wise same as NXT and it was a dead horse during 4 months and it started rising based on NO news!! Classic pump & dump.
There are few real world changers out there including NXT out of 200 coins listed on coinmarketcap. Sadly this shit happening will make life much, much harder even for these few real coins and it might pull us few down the drain with all this shit as well.
Look at it again
I know it is just a joke, however everything above still stands. Just look at the coinmarketcap. 221 freaking coin
I wanted to comment on Zeta anyways these days, so this hatred coin was just a trigger for me doing it.
Time will do his job. I mean, look at the IPO-s. After the release of Nxt, when the price went up, making the "whales" millionaires, a lot of IPOs were popping up, as everybody wanted to start the next Nxt train and a lot of people wanted to jump in on time (like me). We got scammed several times. So the IPOs just disappeared, as noone is investing a single satoshi in an idea anymore, and it´s even hard to get investments if you have a working prototype as people got burned and are now suspicious.
The same with alts. I think we already left the peak behind us a few weeks (months) ago. New coins will come and go, but they won´t get any attention as a lot of people got burned by these pump&dump games. The problem is, that there might be some promising new projects (coins) which will get ignored by the community, just because the bad reputation of the alt coins. But there is nothing we can do, actually. Time and the "free market" will work this out, I think.
