Bitcoin Forum

If you're new to these forums and think this place is legit...

I will tell you this.

96% Of any of the new coins, including many of the repped ones, are a few groups of thieves who produce and dump code where they alter some non-important piece of code that they describe in confusing terms to make the coin look good.

They attract new users who have not learned about this scam into paying them even before a coin launches.  They build up some btc from the release, keeping coins and investments, then just disappear.  You will see a mysterious new user post an alt coin days later that happens to be from the same group of people.

DO NOT FALL FOR THIS. ITS ALL BS.  There's a handful of actual legit coins the rest are either 100% scams or are simply dumped later on.

ALSO WHO THE HECK RUNS THIS FORUM?

IF YOU HAPPEN TO LOAD THIS UP ON TOR BROWSER YOULL NOTICE THIEVES USING THE TOR IP's WITH BANNED ACCOUNTS.  MAKES SENSE BUT YOULL ALSO NOTICE
THE FORUM OPERATORS WILL UNBAN THIEVES IF YOU PAY THEM IN BITCOIN.
??????????????

Only invest what you can afford to lose. Very simple rule.

Thanks for creating a brand new account just to warn us, bro.  Please, warn us again some time.

True. They even pretend to be Chinese because naive people believe the Chinese will also use the coins to which Chinese has billions of population.
They can really scam the very wise guys here, if it weren't because of the investigative individuals here in bitcointalk.

if a coin has features which almost similar to some successful coins then most likely, the dev team are scams. just take a look at declouds... when they saw xaur had been successful on thier ICO, they then tried it as well.

Oh crap! He is so mad I can feel him shouting. But it is a good warning and it is the truth. Believe him and be wary of the altcoins that are popping up specially those with bots. Buy them at your own risk, dont run crying after you got robbed.

This is reality. Many will try to eat those weak.

I'm sure you are an alternate account of one long time member here,it's impossible for a newbie to know this reality,as a member of this forum with many altcoins ready to scam you ,you need to be aware of what are the legit and scam sites,not all are scam sites and not all are legit also.

Ya just like you said,this man is so mad of alt coin scam.I think this man already face the experience of dumping scam at alt coin.Buying a large amount of alt coin in hoping the alt coin price will increase in the long run,but in the end,it just dump scam.I also feel we need to be careful for now.

 unbaning the IP of the thieves doesn't matter though. WE all want freedom and privacy at the same time let those thieves watch everything  that's happening.
Its the users to be warned the we are after so they'd no be a victim one day.

This is pretty obvious, altcoins are a joke and ruin Bitcoin and what it stands for. Just stay away.

He said even the "repped" ones. What coins did he mean by this? Please give us examples of what these repped coins are that are scams so that we could have an idea of which ones to avoid.

Firstly nobody know how many daily new coins being created and within how many days their value goes to zero. Actually just check out of millions coin how many actually in the world the good altcoins have some value in the market now.

Be safe and see if its worth the money of any such coins.

Yes there are a scam cryptocoins, no doubt about that, but why you are offending this forum, do you how many people are benefiting from it, or how many people are learning new things here, there are many other sections beyond altcoin announcements, I agree there should be some rules to post new announcement in order to avoid the scam coins, but that can't drop the high value of this forum.

96% any reference about this percentage? how did you calculate? what is the source of your calculation?

not to criticize your post and your analysis it's absolutely true that a lot of coins are create just to scam people but it's not an exact rule...
some coins are also useful and some others are live also from a lot of time!

I won't say 96%, but handful of developers (like 5-10) are behind at least 100 coins, all created for one simple reason: scam.

the 'NEW' coins era is 96% over
600 have survived, and there still more rounds left in the Hunger Games ... so lets say 420 ... independent chains will hum along for the next 4 years ... and become cybernations if they make it that far.

the nxt SCAM is going to be assets ... and the hot platform is ETH ... and the word is ICO.

now SCAM dev teams just need 'hype' and a 'website'

No need to code a wallet.
No need to set up a network.
No need to get an exchange listing.

The platforms provide all that.


    

I notice some investors are now getting wiser when it comes to investing,they do not easily believe in Ico anymore,because they know this works and how dev manipulate it's price,one good example is Ubiquion,the Ico was finished in two hours when the coin has nothing new to offer.

Because it deserves it.

99.99% of all "Altcoins" are scammy pointless bullshit ..for profit.

NOT CURRENCIES.

Staff here are fucked in the head too ..for example they KNOW Paypal is not allowed with coins
yet they leave the market section flooded with buy / sell topics leaving all user at risk of having their accounts frozen and funds seized.

Want more ?

There is no rules here against posting scams.. there never was.

Not enough ?

When i started there was a nooby jail you had to post in first..
When coin cloning ramped up in 2014 they removed it so users could post straight in the ANN section.
This was an obvious ploy to facilitate mass coin cloning that ensued.

Want more ? i can keep going..

When i regged in mid-2013 this place had already collected over a million dollars for a new forum
and.. they had already been hacked.
Since i think they were hacked at least 3 times total and we still don't have that million dollar forum.
When i regged here BTC was far below $50 per coin too so imagine how much their million in BTC turned into when it hit $1,000.00 per coin.. get it ?

Want more ?

Let's talk about KNOWN coin cloners here and how they are deliberately ignored so they can run scams non stop.

PS:

Below picture was posted on poloniex chat by balance.ninja 10/14/2014

http://i67.tinypic.com/2l8yyqp.jpg

Carry on now pulling your little credibility weaner around here for bucks scammy pieces of fucking shit frauds.

i say only 2-3 altcoins are even good to consider not 4%
the rest that you see are a bunch of hungry devs looking for money. and they do everything they can to fill their pockets from ICO scams to pump and dumps and also having 100s of accounts for shilling.
as an example you can always start a topic about ethereum and those 100s of accounts :D


the only UNBAN is for IP and it is understandable. some users may not want to connect to this site with their real IP address and use TOR which obviously was used as many scams.


the only reason is money (PUMP and DUMP)

You don't say? :D

True, but there are some if you can wade through all the rubbish that do have something to offer, but definitely nowadays if you have been around for a while you can tell a scam straight off.

I'd say that about 15-20 coins can be considered as "good".

definitely just when you read the ANN thread and if it sound too good to be true or something is fishy like no escrow and the team aren't showing faces then its just a sign. but there are some who really are bold enough to show their social media profiles yet end up being a scam still.

its not worth suing them nor going to their country and find out who they are too.. so the best way is to just avoid them.

The sad faces at the end. What were some of the coins that you invested in that made you make this thread?

Not all are a joke , there is some altcoin that has better coding than bitcoin FYI.  And altcoin somehow helps attract more people than bitcoin advertisers because all these altcoins require BTC to be purchased.  Without these altcoins, bitcoin market is lonely with just x currency to BTC pair :) 

and now the Truth is revealed ;)

I believe on those altcoins which have some purpose and have a market for its demand with some services with that coin. and do not invest in those coins which do not have any purpose like with which the developers do not provide any market so that we use that coin to buy any service or any good.

What like ETHEREUM and how i posted a SCAM topic on it in 2014 ?
They were exposed on Launch so uhhhhhhhhhhhhhh when do you "spot it" ?

You are frauds.

We all know that new coins are created with one intention. To pump and dump and get rich fast. We are not discovering America here.

I am shocked that some people here still believe that new coins serve some purpose other than speculation (sure they are advertised and new bitcoin killer etc.)

Now imagine, that all these people working on altcoins would join bitcoin hype train instead. Instead of wasting time and effort on creating something significant, again.

Yeah those threads that they are comparing this alts too bitcoin or the worst part is they want to change it to an alt which are all just meant for the owner to just rob at some people. Thag is why many analyst got shocked why coinbase would accept ETH at the first place. They lost a lot of users with that decision.

Coinbase is a company, they do everything to profit, hence their decision to accept ETH. I never used Coinbase and I never will, they are hypocrites.
Personally I can endure ETH. I can take Litecoin and Doge and couple other old or serious alts, but after hundred of cloned alts every year situation is becoming ridiculous.

And then this guys start talking hey! this coin is scam, my funds, One  rule never  invest money you cannot afford to lose thats all, if this guys instead of spending money in shitcoins spend  his money on bitcoin maybe you will see very easy bitcoin price 750$ or 800$.

What the hell kind of retort is.. "Don't invest what you can't afford to lose" ?

Why post that ?

I have heard that pathetic cliche in Crypto for years and it's stupid and always a retort fail.

Some of you are dumb or naive or just deceitful or optimistic little dreamers.
For example a project could be made to "look" legit fairly easily and most will never look beneath the surface.
Why ?
Because they NEED to "invest" and they NEED to profit.
So there is no incentive to see if a project is legit.. the only interest is..
Will i lose money on said project.. such as if it is exposed as a scam.
Get it ?

This is all an UNREGULATED perfect storm for old sharks to devour a fresh crop of little kidiots.
They are fully aware what strings to pull here to part you dregs from your money.

I watched the BlockNET guy string people along for over a year after he got his million in BTC from his scam ICO.

I watched Butters dump a million dollars worth of Ethereum on you all and you didn't even care  ::)

..as long as you *think* you are getting a slice of the pie you will all embrace this facade.
OR.. you REALLY are THAT god damn gullible, blind and stupid.

Hmmm how many times have i said a legit project can not be sunk by FUD ?
FUD would have no effect what so ever..

How many time to do i hear the same cliche'd dipshit crypto advice ?
Diversify ?
yeah that's great advice ROFL
Buy 100 shitcoins on Poloniex instead of 5 hhhhaaaahhhhaaaahhhaaa
..ya make sure you cripple your profit potential LOL

You all say 99% are scam then say shit like diversify ?
In what if only 1% are legit ?

There is so much retarded shitcoin rabble here it's ridiculous.. no wonder no one on earth gives a shit about this crap.

I agree with you some people talk as if Altcoin are all shit coins, but they have really add value to Bitcoin, can you imagine how boring exchanges will be if you are only trading Bitcoin against fiat currencies only, but the rise of Altcoin market has really boost the market but I agree that most of these coins will definitely go back to zero because they are created only for speculation no real world use

Welcome to crypto, mostly scams in here. It's been this way for years...

This is very true. Pump and dump is real.

An interesting read:

Scams or Not, Crypto Tokens Have History on Their Side
http://www.coindesk.com/scams-not-crypto-tokens-history-side/

cliche since 1920.

but crypto is approaching the ability to sink $1000s and only lose -10% and you can STOP loss with a great deal of certainty.
_{you could also hedge and run even keel}
which is actually better than a bank deposit ... given they offer the upside of +0.25% ... and crypto (the safer larger coins) offer x1-x3.

300% return potentials in SHTF low level.  SHTF high level.   :o

reality is a return of 10% if you stick with the general trend.

fuck da banks  ;D

There was mention in the original post that even some of the "repped" altcoins might also be scams. If someone were to ask you which ones they are, on the top of your head, which coins will you mention?

Since you said that there might be only 15 - 20 coins that can be considered as good then you might have a big idea on who the bad ones are. Even the "repped" ones.

As there are scam coins started from this forum, there are also high value coins started and grew in bitcointalk, bitcointalk is a great crypto community and sure many scammers will exploit this point to steal people's money, but I can see a scam accusation board where everyone is able to discover or open a discussion about any suspicious coin.

When a coin is launched as a joke then the dev admits it what do you sleazy greedy bullshitters call it ?

http://i1.kym-cdn.com/photos/images/original/000/684/007/4ff.jpg

You are all so full of shit your eyes are brown .

I've stopped to follow developments on quite a few coins, since I'm not trading for quite some time now, but I'd say:

Bitcoin, Litecoin, Peercoin, BlackCoin, Counterparty, Primecoin, vTorrent, VeriCoin, Viacoin, Myriad, Noble. I was SFR's fan as well, but sadly developer kinda left it.

There are also a lot of "under the radar" coins, which still have pretty active development.

P.S. I am only mentioning coins in which development team (as far as I know) was never involved in manipulation of the market. Vericoin was pumped and dumped at some point, but I'm not sure if the dev's has anything to do with that.

Indeed, it is true that many of the altcoin in crypto currency are really shitcoin,  there are few legit altcoin that we can found in this sites. That's we need to be very wise in choosing investing the coin for us not to become a victim of the scammers.

Wise ? "investing" ? In Altcoins which you all ADMIT are MOSTLY scammy ?
is that "wise" ?

Fall victim you say ?
to what ? Losing money ?

News Flash it's not about money or investing or profits or ROI's

It's about "supporting" a crypto-currency.

..the fact you played the due-diligence retort again shows me you are a peon.
You guys keep saying that but rarely say how..
On rare occasions you say.. Road-maps / Whitepapers + Active dev's etc.
And the scammers are watching dumb fucks.. they know what to do to make it look legit to IDIOTS
Because you keep telling them.

The predators are far smarter than you "investors"
You are all just suckers.. whale food.
If they want your money they will have it period.

Most of you are kids or morons or worse foreigners who don't know English.
And many of you can but don't read what is said or even heed warnings.
Cried FUD lately ?
Seen any broken English comments or topic titles ? ..try half of them 24/7.
Me haz Doge i iz China and am much winnarz wit da Ethereumz !!!111

Hey morons guess what ?
You can NOT play a game fairly when the game is rigged.

Regulations ? Laws ? Where ? they make them up as they go along.. to ensue they ALWAYS win !
Such as Forums owners.. Exchanges.. Coin Dev's.. they can simply rob you blind or set you up for a con when ever they want.. and they DO.. regularly as you all have admitted for 3 pages.
So invest wisely ?
in what ?
Picking which stupid scam coin is best ?
yeah.. the bad one or the badder one HAHAHAHHA

You profiteers are exhaustingly stupid and you get what you deserve.
You shouldn't be here in the first place "investors"
People should be in Crypto to try and support a currency not profit off them.

So when ALL of you showed up here to make a buck off of shitcoins.. any that is hyped up.
Then you are effectively turning the entire Crypto scene into 1 massive giant ponzi / pyramid scheme.
..on centralized lawless crooked penny stocks exchange business's that add shitcoins because of user demand and because it draws in more retard greedy shitheads into the govt controlled ponzi.
The Exchanges that collect your ID or coins that use Github that complies with US govt requests.

Which apparently is perfectly fucking fine for you loud mouth crypto rebels chanting down with the govt and free Satoshi and long live Free Market and viva la FIAT DOLLAR $$$

You are all full of fucking shit.. you say 1 thing and spend all your time doing the opposite.
Coinbase adds an ICO scam called Ethereum and ignores Litecoin then rats out the KickAssTorrents owner to the US govt so he gets arrested and you all complain ? Boycott the shit exchange BUSINESS ?
Fuck no.. you don't care.
You don't care 1 bit that the exchange business that exists solely to make money via "user demand" is collecting all your activity and identity info then routinely handing it off to US govt investigators.. as Cryptsy admitted to doing.
Nope.. you just keep chanting NO LAWS FREE MARKET LONG LIVE PROFITS !!!!

What a fucking joke  ::)

It's not about winning or losing money at the shitcoin lottery penny stocks free market pyramid/ponzi scene.
It's about support & adoption of a CURRENCY
So to a REAL supporter it may not not even matter if you lost money..
He'd know he tried.. to support a currency attempt.
Hell i have and had my coins delisted all over and kept them to this day even though profiteers dumped ahead of time.
Because i am / was a project supporter.. not a little shithead profiteer hoping to make a quick buck.. off... anything.

Fall victim you say there guy ?
To what losing money ?

You already lost you just don't know it yet.
..because you don't get it or do but are corrupt / greedy and there for doomed to failure.
The result is unavoidable.

You scammy ass bullshitting losers here define a shitcoin or a scam as.. one that loses you money.
NOT BECAUSE IT IS DESIGNED AND FUNCTIONS AS A SCAM.

A shitcoin scam that makes you a large profit is not a scam in your books..
Because you are all sleazy bullshitting frauds.. talking shit as usual.

The reason that most of the altcoins just copy an existing code base and tweak a few parameters thus really not a challenge to the established leader(s), i.e. Bitcoin:

https://download.wpsoftware.net/bitcoin/alts.pdf

It is really, really hard folks. One little detail wrong and poof ... your money is gone...

Thanks for posting it here. This is nice information
to everyone who doesnt know all about new altcoins.
Literally, some new altcoins are scam coins, theyre
giving a trap to traders. At first, that new coins will
active in the market on the first day of release on
the exchange, like their is buying/selling orders, then
the following day a shit coin already. Like on the
XMO, NCL, look what happen now, and scam coins
already.

OP needs to play EvE Online for at least six months to understand this rule.

Irrelevant stupid cliche.

I got REALLY sick of hearing that in Crypto ..years ago. ::)

Why "EvE" online for understand this rule? Can you explain better?

Of course, "invest what you can afford to lose" is the same mantra people are saying when talking about ponzi scheme :) . The answer is no! You don't need to invest anything in a fucking service that doesn't pay and could turn easily in a scam!

Why do i say EvE? Because, it's riddled with scammers, ponzi schemes, and the economy and other players can kill your wallet faster than you can say "warp away", all because you either were duped into trading a commodity that was going to get dumped or you were flying something that you couldn't even afford to buy again with your wallet's balance.

These money are fake money (only for the game) or you can exchange for real cash?
Maybe people create this fake situation just for trolling or with playing purpose (ps I never play / heard about EvE).

BTW I think its a natural instinct for the human scam others human.
Every time, there is just the stupid idea to get an advantage from the problem of another human. Just it.

There's also new coins that are made and released but have edited code that instead hides viruses.
The main altcoins that actually are useful have very similar sizes of wallet normally as they all use the Bitcoin one and just change the nodes and servers it points to.
Thieves don't pay to get their accounts back, they're merely left unblocked and just given red trust by other users instead (they don't really block people for scam - though they should).


It is mainly human and community nature to scam and it happens everywhere (not just here). The fact that this is a place full of scam is quite weird and shows the issue of anonymity with it.

I propose a new word: Cryptojunky Someone who invests in all these ridiculous coins which have zero potential becuse they cant help it. CJ disease for short.

I jave been wanting to know what has been I with these really crap but not just crap but very bad and no thirst or drive to do well and what something they create go. They have no motivation and either just give up or just run.

What really makes no sense is these Debs that start a coin and almost immediately leave.look at crabcoon for a perfect example. Amped up Dev. That attitude lasted like 5 days and we never hear from him again. I do not understand. Why put all that effort and work into something then give up ? Giving up is pathetic and only losers give up. These devs dont even have self confidence at all.

The next thing is all these coins claiming to be "innovative" and different. When they just a close so they actually talking crap. Then you get those that say things like "oh this is a gaming coin" really ? Then they say their coin bring new innovations to in game monotanization which obviously is crap since there barely any game coins but no they tell you their coin will be used in games and all over the place with massive promises. Of you fall fpr crap like that you are to blame for being so stupid. Only buy coins from devs who stick around. Doesnt habe to be there best coon bit of the support drops the coin falls.

Out of the coins you mentioned I could see that bitcoin, litecoins and XCP are the only worthy ones to say as "good". With XCP it is pushing it but I will give it the benefit of the doubt because it used proof of burn. There rest will all go down and become forgotten altcoins like what we are seeing now. At what place are most of those coins in coinmarketcap.com? They are nowhere to be seen in the top 10.

People who engage in the IPO market only have themselves to blame. They give money to scammers and actively promote these dubious schemes and only complain when things go south but if they can sell their bag to someone else it is OK. If you want to trade then hit up Poloniex: The majority of IPOs are confidence games.

Money only has value because of public confidence.

This is just a silly statement! You expect money to be something perfect but math and economies are created by man so it is imperfect by nature.


But majority of alts and IPOs are not currencies.. they're not.. I don't care about some textbook definition of it only XMR and ETH succeeded so far and they only differentiated from BTC not fiat.

In my opinion, One of the truth behind every new altcoins that has been created is always connected to money. Most of them are just made by their developers is to earn money, Most of the developers of any sheyt coins are active or telling a lot of promises on the first week or months of the coin and after he earn a decent amount of bitcoin, he will just leave the coin and the who will suffer in the last are those innocent investors who believed on that particular coin.

I am talking about the larger scheme of things and $trillion market caps, which we won't reach without a currency with widespread public confidence. Don't waste my time with some minuscule $100 million market cap $2m of daily volume circle-jerk.

Monero has all the same flaws as Satoshi's PoW (https://bitcointalk.org/index.php?topic=1319681.msg16936524#msg16936524) (the tail reward and block size adjustment algorithm do not solve those flaws). Once the anonymity feature is replaced by coin without PoW's flaws, Monero is toast. And anonymity is a tiny market any way.

Shelby Moore III. Value of currency has historically been public confidence in it as a reliable unit-of-exchange (https://bitcointalk.org/index.php?topic=1665943.msg16749910#msg16749910). Bitcointalk.org, “Precious metals are not useful in a collapse scenario!” thread, post #62, Nov 2, 2016.

This is just a silly statement! You expect money to be something perfect but math and economies are created by man so it is imperfect by nature.

And you disregard economics so why do you want to talk about economics? XMR/ETH as alternatives to BTC are exciting from a economic perspective and if you know how trade and currency work you'll know what I mean!

Nothing I wrote implied I expected perfection. You are assigning your misintepretation.

I didn't discard economics. I stated that I am not interested in the small time pinksheets speculation markets and am rather interested in larger scale. That isn't a rejection of economics.

Please stop forcing me to be responsible to correct your silly, erroneous misinterpretations of what I have written, because of your outlandish ad hominem attacks.

"Money only has value because of public confidence." This disregards economics and money is imperfect by nature. Now I've repeated it 3 times. Do you still not get it?

Bitcoin isn't 'larger scale' in terms of money and look where you are. In the altcoin section of a Bitcoin forum. Wakey wakey.

Shelby Moore III. Value of currency has historically been public confidence in it as a reliable unit-of-exchange (https://bitcointalk.org/index.php?topic=1665943.msg16749910#msg16749910). Bitcointalk.org, “Precious metals are not useful in a collapse scenario!” thread, post #62, Nov 2, 2016.

Bitcoin is primarily a speculation, not a currency. My statement is intended to say nothing about speculations and investments. A currency is by definition not (and MUST NOT BE) an investment, when it is your unit-of-account.

Do you still not get it? I resent your implication that I am the neophyte, when in fact it appears to be you who is.

(I hope you understand the definition of unit-of-account, it is the ruler employed to measure gains and losses)

Yea I'm not reading that. When you start introducing or excluding stuff to improve your argument that "money only has value because of public confidence" you actually win the argument for me because you destroy your claim in the process.

Improve = destroy. Amazing logic.

---

I do understand your arrogant misunderstanding is you do not understand what money is. You seem to confuse money with other things such as investments and speculations (which don't necessarily require ubiquitous public confidence).

Very few people correctly and fully wrap their mind around what money is. So you'll likely find a lot of sympathy/support for your blissful ignorance. I do realize that it appears to you that you are correct and smart, and illusions are often much more gratifying than education and admissions of ignorance:

https://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect

P.S. What you admitted you refused to read, is a summary of the historical evidence from beginning of the history record of human civilizations, backing the fact which I stated.


I hope you can stop wasting my precious time on this silly argument you have created and dragged out over many posts. I don't have available time to waste on you.

He is a newbie and yet he did hit the bulls eye.  ;D
Thank God there are still this people who are not hypocrite in believing in those shitty coins who are just using it for their own profits.
They are using you so why not use them also for your own profit. Just dont go too far on saying it will be the next who will beat bitcoin. Pfft.

Insults, twisting words and even lying about who started the argument is a lame attempt to steal more of my time.

I understand your lame Millennials ass has a difficult time accepting facts:



Who started it.



Who insulted whom first twice.


And then insulting me by insinuating that I am not getting the point, when it is you are a complete dunce not understanding the difference between money and investments.

Get the fuck off my lawn asshole. Accept you were wrong and you started a fight which you lost.

Can't you lame fuckers ever accept personal responsibility for anything?

Just say sorry for being ignorant and move on. It isn't that hard to do. I do it when I am wrong.


YOU ARE SPAMMING THIS THREAD AND THE FORUM WITH YOUR IGNORANCE GOING ON AND ON WITHOUT MAKING ANY VALID POINT WHATSOEVER.

Honestly, I never tried to earn or buy any altcoins but have seen people talking about and promoting ltc, ethereum etc so I would take advantage of this topic and like to be advised by all of you whether that's true for ltc, dogecoin, ethereum also

Well, the original poster is correct from a centralized perspective.  Most of the altcoins fail, probably more than the 96% quoted, but that's more because they fail to gain network support, then that they are purposely designed to fail by the developers.  When we look at an altcoin from the perspective of "what can the developers offer the network," as opposed to "what can the community do to support the network," then the differences are more apparent.  A cryptotoken is only as valuable as the community which supports it and a substandard token isn't going to gain much support.  A token shouldn't have any initial value....it's value should only increase as the strength of its community support increases....if nobody is willing to accept it as a medium of exchange, then it has no common value.  The network determines a token's value....not the script monkeys who pasted the code.  Having said that....I do believe there is much to be learned from experimentation....We're just going about it back assward....Ask yourself, "how long did it take for bitcoin to realize any form of liquidity?"  And, "from where did it gain its support?"  Bitcoin's developer disappeared too <----  Remember that!

96% of ALL new coins?

Do you have any source on this? Not saying I don't believe you, I'm new to this so I'm curious.

iCEBREAKER:


Lol.

Agree, and diversify. Do not invest all in one coin.

I got it. Been in rehab for 8 weeks. feeling much better now.

Indeedly, investing new coin is like a bet or like giving your goods before payment. If you want to invest in new coin but in doubt, simply put a money you can lose. Most of professional sellers and traders are meant to be like that. It is not a bet, it is a strategy

Its not already a new thing for me but for those newbies out there for sure they dont have enough knowledge to trace this kind of doings on which most new coins or altcoins as of todays are just total crap or trash. Thats why investing on them especially on ICO will somehow hesitates me to put up money because of these circumstances but when i saw a coin which really do have the potential and roadmaps thats the time i will put my money on.

Most altcoins now in the market are just total garbage and most of them are in Yobit website which are sleeping and dumping all themselves on that place.Its not really a shocking news related to this alts but there are some altcoin as of today who remains strong inspite of having previous issues like on ETH ETC.You could able to determin which coin is good and garbage if you do proper research.

i gave up on researching about altcoins some time ago when i started to realize everything you read is a lie and a hype or at least most of what you read is like that.

this means when you for example read the announcement topic of the altcoins or read some of the speculation topics, you and then come back to what you read after some time has passed you realize why they were saying that particular thing at that time.

it is all a scheme to make the altcoin look good and then pump it while it is hot and dump while people are caught up in the hype.

Well i think that mostly there are low capital investors or small investors who are looking for free coins mostly. I think that when any coin listed then they are looking for getting more coins at cheap rates and  for free as well.

Yeah sometimes the new alt coin seem to have a full promises, i had been fooled once by becoming the early investor end up the coin is almost worth to nothing, I think the new developer only look for a way to attract investor without being really develop the coin into a better coin, and it get worse by the news of new alt coin developer scammer