Topic: Rash of "country" coins, scam coins, and abandoned coins late?!?!? (Read 647 times)
A big reality check is coming. Not only is the number of shitcoins going up, so is the amount of people complaining. I think it all started when Bitcoin broke $1000 and a bunch of greedy people wanted their piece of the pie. Now that the bubble has burst, and many can't pay back their hardware investment, they are looking for an alternative. My hardware is all paid for since I bought it all over a year ago, but I am barely making more than the power bill.
March 22, 2014, 11:54:34 PM
I agree. I think it would be better to have some sort of whitelist. Someone is setting one up in the other thread. So far it just lists Litecoin and Bitcoin.
March 22, 2014, 10:23:30 PM
This seems a little ridiculous at this point that we are still watering down the crypto currency market with more coins/currencies. Aren't we at enough - for many some have specific targets and others with more general global crypto purposes. These coins for specific countries are getting out of hand it seems as well - completely pre mined to a large portion with TBDs on how they will be distributed, not really enough to distribute purposefully long term, and no true backing from governments they claim to align with in most cases. On top of that we still have a rash of coins that just get launched, dumped, and the same developers are off launching new ones. Our community has hoppers that keep jumping on new bandwagons to enable this.
Ok, done venting. Personally, just observations.
I've chosen to stick with USDe, sure its a script coin, a little unique but nothing special in specs that is - but the developer and us/team have stuck with it and have ongoing plans for improvement and constant support, talking daily, making technical improvements (we've forked it twice), and hope to tackle our issues of inflation with its first halving event then next on at 2/3, continued exchange support/expansion, etc.
More coins that are say top 100 need to do this. Get a following, and stick with them, stop hopping around, and choose one where the support is there permanently - and hopefully we'll stop seeing new coins, unless they are truly innovative. But at this point innovation is building on top of existing coin protocols which is good enough for a while.
Take care-
Ok, done venting. Personally, just observations.
I've chosen to stick with USDe, sure its a script coin, a little unique but nothing special in specs that is - but the developer and us/team have stuck with it and have ongoing plans for improvement and constant support, talking daily, making technical improvements (we've forked it twice), and hope to tackle our issues of inflation with its first halving event then next on at 2/3, continued exchange support/expansion, etc.
More coins that are say top 100 need to do this. Get a following, and stick with them, stop hopping around, and choose one where the support is there permanently - and hopefully we'll stop seeing new coins, unless they are truly innovative. But at this point innovation is building on top of existing coin protocols which is good enough for a while.
Take care-
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