Pages:
Author

Topic: why n scrypt coins are in the tank and will remain there... - page 2. (Read 1253 times)

legendary
Activity: 1876
Merit: 1000

Yeah, and it completely refutes your entire argument.  Ltc was supposed to be asic (and even GPU) resistant, like scrypt-n.  It took it even further though, in that they didn't even want it to be GPU mineable.  Did that kill it?  Nope, 2nd biggest coin now.  Would ltc be better off if it was asic resistant?  Yep.  Dev clearly says so himself.  I don't particularly like scrypt-n, and I don't think it is will prevent asics in the long run, but your assertion that trying to be asics resistant is killing it is completely assinine. 

lol that ltc thread is locked, hmm ltc don't like being questioned  Huh
sr. member
Activity: 266
Merit: 250

Yeah, and it completely refutes your entire argument.  Ltc was supposed to be asic (and even GPU) resistant, like scrypt-n.  It took it even further though, in that they didn't even want it to be GPU mineable.  Did that kill it?  Nope, 2nd biggest coin now.  Would ltc be better off if it was asic resistant?  Yep.  Dev clearly says so himself.  I don't particularly like scrypt-n, and I don't think it is will prevent asics in the long run, but your assertion that trying to be asics resistant is killing it is completely assinine. 

dude - I didn't say I agreed with it I just said it was a great analysis - like Ronald Reagan used to say: there you go again...jumping to conclusions. LOL
member
Activity: 68
Merit: 10

Yeah, and it completely refutes your entire argument.  Ltc was supposed to be asic (and even GPU) resistant, like scrypt-n.  It took it even further though, in that they didn't even want it to be GPU mineable.  Did that kill it?  Nope, 2nd biggest coin now.  Would ltc be better off if it was asic resistant?  Yep.  Dev clearly says so himself.  I don't particularly like scrypt-n, and I don't think it is will prevent asics in the long run, but your assertion that trying to be asics resistant is killing it is completely assinine. 
sr. member
Activity: 266
Merit: 250
hero member
Activity: 770
Merit: 500
sr. member
Activity: 266
Merit: 250
if you take a look at what is profitable to mine all n-scrypt coins are in the tank.

what the people who come up with these coins forget is one thing - mining equipment is not free.

the vast majority of people mining mine for the technical challenge to keep their hands in computers because their IT Professional like myself and they like extra income that mining affords them.

I read with humor the altruistic posts by people who want to guard their coins from high speed mining by asic chips.

It's like telling people you've found a precious metal and only people with pick axes can mine it - guess what? they're going to ignore you and mine what's easiest to mine.

The perfect analogy is the resistance to the industrial age.

If your coin has merit and value then let it stand on it own two feet, don't put crutches under it and then try to stand as tall as the other coins around you.

The n scrypt coins are being deserted faster than a desert island with no water and plenty of boats. Their pathetic values are evidence to this fact. Not a single one has any growth or any value.

There will always be coins created by people who welcome mining and don't put up road blocks to seeing them mined, while your coins languish in obscurity.

I hope you enjoy the silence.

that's my humble .02 scrypt cents

mark my words....

Pages:
Jump to: