Topic: Wow, Alt-coins.... Game over - page 7. (Read 8318 times)

Yes, You are right.

On many websites people are trying to sell their asic and power-cpu for the half of the price and less. Prices are decreasing each week. It is a sign.

And, more, on an other 'crypto' talk forum, someone is launching, with different names, the same coin, always a scrypt/50/500 mil/5% premined, two times a day.

Last month, a team launched a SHA-2 copy of Doge, the Continuum coin with a nice logo, a real technical team, etc.

Problem is that 'hard' miners try to sell this coin three days later and its value collapsed of course.

I computed its current value, with a diff greater than 500,000, it is 6,600 CTM for 1 - one - Doge and a BTC value of 0.00 000 000 024 for this coin, which means 3,500,000 CTM for 1 USD.

Even with billion(s) of coins, it will stay a no value coin, a zero marketcap one. Problem is that, with this diff range, an antminer makes only 8,000 coins a day which means more than one year with 24/7 running hardware/software for one USD. Go on street and look on the ground, you will find a $1 coin more easily.

People are still mining but crypto currencies are dying.

It was the same for pc-games. One of them had success 20 years ago, companies made 100+ clones and industry collapsed. Three years after, it restarts, so wait three years and do not mine or invest because here, it is not a game, it is money, and Banks and Governments have the power to kill e-currencies.

Have a nice day, I will drink another cup of coffee... 

Quark the dead Crypto with the largest most active community and 30 second confirms that make the Gox issue, a non issue in the Wall St Journal.


http://m.us.wsj.com/articles/BL-MBB-16395


* yes bored an like to poke the noobs.

No.  The game is just beginning.  You just need more patience.

Do not blame the coins, blame the people.

Poor Johnny knows nothing about economics .

Oh well.

Johnny put your money where your mouth is what are you investing in tell the good people what a good investment looks like in Johnnys mind ?


* hey I'm bored ?

STFU , you've been for 4 pathetic months, wherelse there are people around you that have been here for years mining, selling cryptos and moving with whats happening, and here comes prophet Who gives a fuck with his shitty bold prediction that it's game over. Like the other guy said probably , a little to much coffee 

Time, my friend. I'm hoping that time will weed these shitcoins out. The influx of worthless coins is changing the market. Some of these coins are going to collapse. If we're lucky they will die entirely and let some activity back into the solid ones

Little too much coffee?

Hahahaha! I really like how you put this all together, its great! 

The last four months that I have been on this forum have been a whirlwind of trading and going insane with crypto currencies. It seems I am probably Cryptsy's biggest money generator.

It has been nuts as I have watched a seemingly endless line of crypto currency be announced, mined, dumped, pumped and redumped.

I just opened Crypto-market cap again for the 10000th time http://coinmarketcap.com/

I sorted by market cap and something really hit me. It wasn't that there are now 102 coins on the site and a few months ago there were far less. What blew me away is how pathetically worthless most of the coins on the list are. It is GAME OVER and most communities don't know it. So many of these coins of lost hope have been 10 times higher in the last four months alone. So many were "major coins" at one point and now are worth absolutely nothing and will never be worthy anything EVER.

Megacoin, oh what happened to your 50 million cap!?!?!? Quark the darling of crypto-future a shell of what you once were and dropping like a pre-mined rock. Primecoin!!! oh the great primecoin going nowhere since forever.... Feathercoin oh the humanity!!!, pumped from the cellar to a pathetic 8 million. Ripple, dear God Ripple and its pathetic, pathetic, 73k in volume!!!!!! insert me laughing for an hour, pathetic, pathetic, pathetic.

And yet each has their own straggling communities of desperate hope and lost dignity. These walking-dead communities actually still believe that they will rise to be Bitcoin or even just a small piece of Bitcoin. IT WILL NEVER HAPPPEN. You won't be Bitcoin and what is worse for you is that you won't even be Dogecoin   Watching Kittehcoin try to have any community on Reddit in the face of Dogecoin's tens of thousands is worth a laugh and then a cry.

I wish there was a virtual executioner that would purge the world of these dead coins that only bring shame to their followers.

Good God Franko, Mooncoin, anoncoin, copperlark, RonPaulCoin!!!! i feel guilty just reading your names next to your tiny little market caps. I hope you all just disappear quietly into the virtual night.