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Title: Maybe an Alt-coin Cool Off Period? Post by: CaptChadd on May 16, 2013, 10:13:02 PM I would think right now that all these new users and miners do not have a clue what to mine right now with a new coin every week.
Would now not be the time for a cool off period or is spreading the mining rashrate around random coins every weeks what people want? I am all for innovation but not of saturation. Title: Re: Maybe an Alt-coin Cool Off Period? Post by: kr4x on May 16, 2013, 10:13:53 PM I would think right now that all these new users and miners do not have a clue what to mine right now with a new coin every week. Would now not be the time for a cool off period or is spreading the mining rashrate around random coins every weeks what people want? I am all for innovation but not of saturation. +1 Title: Re: Maybe an Alt-coin Cool Off Period? Post by: Prelude on May 16, 2013, 10:15:03 PM Agreed, we've got a good new coin anyways: Worldcoin
No need for any more coins, and any launching now are guaranteed failures. Title: Re: Maybe an Alt-coin Cool Off Period? Post by: tobobit on May 16, 2013, 10:16:37 PM not likely. these alt coins are going to start pumping out even faster now.
And like the bit potatoes, people will start to get weary of them until they aren't worth anything anymore. But the few worthwile coins in the pipeline will still rise above the fray. Title: Re: Maybe an Alt-coin Cool Off Period? Post by: Hazard on May 16, 2013, 10:18:06 PM Agreed, we've got a good new coin anyways: Worldcoin Yes, such a good coin. 15 second block time that leads to tons of orphans, forking issues, and blockchain bloat. :DNo need for any more coins, and any launching now are guaranteed failures. Tomorrow the kids will have found another altcoin to hype. Title: Re: Maybe an Alt-coin Cool Off Period? Post by: riku2015 on May 16, 2013, 10:24:56 PM there is best 5-6 altcoins/day, not one coin/week xD
or call it orphan-coins Title: Re: Maybe an Alt-coin Cool Off Period? Post by: Rex_Heston on May 16, 2013, 10:25:56 PM I would think right now that all these new users and miners do not have a clue what to mine right now with a new coin every week. Would now not be the time for a cool off period or is spreading the mining rashrate around random coins every weeks what people want? I am all for innovation but not of saturation. That would be great, but the pump n' dumpers, combined with the l33t g@m3rz crowd that have (pipe) dreams of riches beyond compare, are going to keep this gravy train running 'til the wheels fall off. Then they'll just glue them back on and start up again. Title: Re: Maybe an Alt-coin Cool Off Period? Post by: Random Bit on May 16, 2013, 10:26:57 PM No new coins today?
Think it's best to just ignore the [ann] for last minute coin drops with clearly no thought or design. Once it's out that folks won't waste hashing power on a simple clone with no forethought crapcoins should start decreasing. Problem is most people including me wants to jump in and grab some low difficulty bonus coins and then jump out with hopes of being able to dump the coins later. Agree we need a cool off period, unsure it will happen anytime soon. Title: Re: Maybe an Alt-coin Cool Off Period? Post by: CaptChadd on May 16, 2013, 10:47:14 PM I am just sticking for now coins that offer something new (That actually works) or coins that have been around a while.
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