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Topic: When will the madness end? - page 2. (Read 2009 times)

hero member
Activity: 546
Merit: 500
May 30, 2013, 12:19:59 AM
#13
I went back to the BTCe coins after my DGC dump order filled.  To much risk of wasted mining time.
newbie
Activity: 9
Merit: 0
May 30, 2013, 12:16:17 AM
#12
i was thinking the same, i stopped at YAC, i'm done now with these alts

Same. Looks like YAC was also pumped and dumped pretty hard, even being a CPU-only coin.
hero member
Activity: 768
Merit: 1000
May 29, 2013, 10:50:20 PM
#11
i was thinking the same, i stopped at YAC, i'm done now with these alts
full member
Activity: 364
Merit: 100
May 29, 2013, 10:49:49 PM
#10
I say no too, enough with all BS every day, going to mine only and only btc.
full member
Activity: 406
Merit: 104
Convert Crypto at BestChange
May 29, 2013, 10:49:22 PM
#9
lol, you think CNC, YAC, FTC, DGC etc are not junks? they are exactly the same as others we see today created, be it the AMC, USC, FST, etc etc, they are exactly the same!

As long as people want these junks, I don't see an end, and I don't see why we want to blame these dev at all.
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
May 29, 2013, 10:48:12 PM
#8
it ends when people stop buying them. So far that hasn't really happened, especially with cryptsy now out there.

You mean people are actually buying these crap coins? I guess there are people willing to gamble on anything. Huh
hero member
Activity: 545
Merit: 500
May 29, 2013, 10:46:43 PM
#7
@op.

It won't.  As long as people can make money on releasing a new coin every single day, nothing will change.  Too many idiots going around.

But people can't make money if coins are announced at this rate.

From a small miner's perspective (1 MH/S) :

5 weeks: FTC was very profitable
4 Weeks: CNC was profitable
3 weeks: YAC was mildly profitable
1 week: Digicoin was barely profitable
1 Day: Fastcoin = Huh Not sure if the latest announced fastcoin will be even worth the electricity i am spending!!


I am saying NO to any more alt coins mining unless there are some serious innovations in the coin.
sr. member
Activity: 322
Merit: 250
May 29, 2013, 10:34:12 PM
#6
@op.

It won't.  As long as people can make money on releasing a new coin every single day, nothing will change.  Too many idiots going around.
legendary
Activity: 2408
Merit: 1009
Legen -wait for it- dary
May 29, 2013, 10:29:27 PM
#5
Back in '11, we saw the same thing though not nearly on the scale as we are now. It will pass, and every released coin just dilutes the "get rich quick" mentality that drives these new coins.
member
Activity: 70
Merit: 10
Whew
May 29, 2013, 10:21:55 PM
#4
I really can't even tell which coin is the newest anymore.

hero member
Activity: 721
Merit: 523
May 29, 2013, 10:20:59 PM
#3
It ends when people don't care anymore....

I predict a week from this post
sr. member
Activity: 448
Merit: 250
May 29, 2013, 10:12:08 PM
#2
it ends when people stop buying them. So far that hasn't really happened, especially with cryptsy now out there.
member
Activity: 70
Merit: 10
Whew
May 29, 2013, 10:08:37 PM
#1
Like, aren't we getting a little exhausted from chasing two coins per day? Is anyone else evening mining these things anymore?

Discuss.



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