Powercoin, RoyalCoin, Yacoin, Mincoin, Gamecoin, Chncoin, BBQcoin, Jkcoin, etc and for what? Each "alternative" coin is killing even more the BTC, because the value of BTC (which are based in all these garbage) is determined by its scarcity. And when people to see their BTC hard to get (be undermining or buying), not worth more than a handful of "coins" trash a subject invented an overnight stealing LTC code, decides to stop investing BTC and when that happens the value falls, when the value drops people sold panic, when panic comes BTC dies and it just killed all other currencies as well.
What is the meaning of these new "coins"? They have no major innovation, no use for commerce or online transactions. The only winners in this are the creators of these wastes, who in the same night that the launch they sold this craps for 1k/1btc and thats all, then this coins die and the BTC value gets lower and lower.
What is the meaning of these new "coins"? They have no major innovation, no use for commerce or online transactions. The only winners in this are the creators of these wastes, who in the same night that the launch they sold this craps for 1k/1btc and thats all, then this coins die and the BTC value gets lower and lower.
Oh, look. Imagine that. A BTC holder whining about other coins competing with his coin.
