|
Title: Genesis Post by: just_me on December 28, 2013, 12:13:42 PM In the beginning Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: MrClemenzo on December 28, 2013, 12:16:06 PM Please take your anti-altcoin crusade/propaganda/spam somewhere else.
Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: Mortimer452 on December 28, 2013, 12:20:19 PM +1 if you're going to trash Altcoins do it in the Bitcoin forum - you are in the WRONG ROOM HERE
Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: MoneyGrabber on December 28, 2013, 12:21:50 PM Someone really doesn't like altcoins....
Jump on the band wagon make some money, ride the wave before it breaks ;) Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: codegnome on December 28, 2013, 12:22:03 PM Calling for an end to this ponzi altcoin thing, and a return to sanity This is the second post with the same topic from you - stop spamming. If people want to know alt coin trends they can look at the historical charts. Your attempts at price manipulation is pathetic at best. Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: lonesoul on December 28, 2013, 12:27:10 PM just buy your graphics cards back at a higher price than you sold them and mine some bloody alt coins and start prospecting like the rest of us.
if your afraid to trade in a volatile market take the safe option and mine, or just dont play the game and sit on what you have. also if you think things are falling, find an exchange that lets you short as well as go long and make some money as coins fall. and to simply counter your thread title because i like random pointless statement wars ^.^ NOTHING RISES IN A STRAIGHT LINE All investments are a gamble, some have good odds some have bad, but any true investor knows its a gamble. Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: SpeedDemon13 on December 28, 2013, 12:27:55 PM Calling for an end to this ponzi altcoin thing, and a return to sanity This is the second post with the same topic from you - stop spamming. If people want to know alt coin trends they can look at the historical charts. Your attempts at price manipulation is pathetic at best. Sadly he did post something similar to this in another subject topic. I hate to say this, but your spreading FUD and a lot of hear say, nothing concrete or true evidence. Remember, Bitcoin was once thought of a Ponzi Scheme when it first start and still some people believe that to this day. So back to the topic, you need real evidence why your assumption is true, by what your saying, you wouldn't win a court trial with that assumption without fact. Sorry, that's the reality. Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: MrClemenzo on December 28, 2013, 12:28:01 PM +1 if you're going to trash Altcoins do it in the Bitcoin forum - you are in the WRONG ROOM HERE Listen up you, I have been posting here in the altcoin section since last spring, and I am giving back to you, what the rest of the altcoin community gave to me, and in doing so, I am accomplishing Gods laws. You're harassing people by posting the same propaganda over and over again. Wouldn't harassing be a sin? If so, you're doing a bad job accomplishing "Gods" laws. Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: lonesoul on December 28, 2013, 12:30:09 PM blanket statement: all Fiat is underpriced! buy now! get in quick before the rise
Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: MrClemenzo on December 28, 2013, 12:31:10 PM Calling for an end to this ponzi altcoin thing, and a return to sanity This is the second post with the same topic from you - stop spamming. If people want to know alt coin trends they can look at the historical charts. Your attempts at price manipulation is pathetic at best. I was an outspoken advocate of the opportunities to invest in the altcoins back in the spring. That was then, and this is now. You can read all of my past posts, if you doubt me. And I encountered alot of filthy, foul mouthed, extremely rude people on these forums, who were extremely pessimistic at the time. But had they listend to me, and acted, then perhaps they are wealthy now. But now I am telling you, that the altcoins are overpriced, and I am getting flak from you? You're incompetent by stating that all altcoins are overpriced in general, it's absolutely non-sense. Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: Last1212 on December 28, 2013, 12:32:10 PM Calling for an end to this ponzi altcoin thing, and a return to sanity This is the second post with the same topic from you - stop spamming. If people want to know alt coin trends they can look at the historical charts. Your attempts at price manipulation is pathetic at best. I was an outspoken advocate of the opportunities to invest in the altcoins back in the spring. That was then, and this is now. You can read all of my past posts, if you doubt me. And I encountered alot of filthy, foul mouthed, extremely rude people on these forums, who were extremely pessimistic at the time. But had they listend to me, and acted, then perhaps they are wealthy now. But now I am telling you, that the altcoins are overpriced, and I am getting flak from you? If you want to get rid of this altcoins, please feel free to send them to my wallets. Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: Real1Guy on December 28, 2013, 12:33:23 PM Calling for an end to this ponzi altcoin thing, and a return to sanity Prior to the recent rise in prices of the altcoins, there was somewhat of an investment opportunity, but that has now turned into uncertainty, and looking towards when the altcoins will come crashing down. But there is not any investment opportunity, because the prices are too high. All there is, is a possible gamble that you might win or lose, and the risks have increased, along with the puffed up prices. Are you like me, and does it irk you, that these new coins are coming out, and they think that their new coins are valued at the puffed up prices of the other puffed up altcoins? I love report to moderators buton :) Famos scammer is speaking.. buhahhahaha I have Ass, you have lips.. give me a kiss? Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: riffraffselbow on December 28, 2013, 12:33:40 PM Holy wow OP, your feedback section is acidic.
Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: digicoin on December 28, 2013, 12:34:20 PM Look, OP is a scammer. Hey, send your wallets to me. Thanks in advance
Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: suchnoob on December 28, 2013, 12:35:55 PM Look OP, take your God complex and go piss somewhere else. And sincerely, go fuck yourself.
Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: MrClemenzo on December 28, 2013, 12:36:33 PM +1 if you're going to trash Altcoins do it in the Bitcoin forum - you are in the WRONG ROOM HERE Listen up you, I have been posting here in the altcoin section since last spring, and I am giving back to you, what the rest of the altcoin community gave to me, and in doing so, I am accomplishing Gods laws. You're harassing people by posting the same propaganda over and over again. Wouldn't harassing be a sin? If so, you're doing a bad job accomplishing "Gods" laws. I am accomplishing Gods laws, because 'eye for an eye, and tooth for a tooth' You rude, foul mouthed, impudent, non-believers, pagans and witches. You treated me like filth when I told you there was opportunities to invest in the altcoins back in the spring of 2013, Therefore I treat you like filth too? ahhhh, its only fair. But that is not what I am doing. Gods laws say: Treat others the way you would be treated yourself. I AM MOSTLY OUT OF THE ALTCOINS AT THIS POINT IN TIME ( because fools have driven the prices way too high ) I was right in the spring when I said that there was opportunity to invest in the alt coins. (but so many fould mouthed rude people argued with me) Am I right now? Lets wait and see. https://i.chzbgr.com/maxW500/4156765184/hE7D925D6/ Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: riffraffselbow on December 28, 2013, 12:38:23 PM But the fact that so many crap coins went up in relation to bitcoin at the same time, Yes. Altcoins are one gigantic ponzi scheme based on the greater fool theory at their very core. indicates that the altcoin market is over-ripe for a huge correction downwards. Your point? You can make a lot of money with a ponzi scheme if you know when to get in and when to get out. Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: SpeedDemon13 on December 28, 2013, 12:38:41 PM I'm Christian. You have to remember, the eye for eye was before Jesus came to earth. Jesus did change some rules put in the old testament, if you study the bible. It's a sin to judge and persecute people. But let's not let this be a religious and/or ethics topic, please stay on topic and provide evidence claiming you assumption is truth or something close to it. If not, at least make it constructive arguments.
Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: carlb007 on December 28, 2013, 12:39:55 PM The reason they all rose in price at the same time as the BTC boom was because the demand went through the roof as awareness swept the globe.
Demand drives your prices. They maybe over-priced - some definately are imo - but either way its all speculation Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: buddynuno on December 28, 2013, 12:42:43 PM Calling for an end to this ponzi altcoin thing, and a return to sanity Prior to the recent rise in prices of the altcoins, there was somewhat of an investment opportunity, but that has now turned into uncertainty, and looking towards when the altcoins will come crashing down. But there is not any investment opportunity, because the prices are too high. All there is, is a possible gamble that you might win or lose, and the risks have increased, along with the puffed up prices. Are you like me, and does it irk you, that these new coins are coming out, and they think that their new coins are valued at the puffed up prices of the other puffed up altcoins? What you alt coins haters DONT UNDERSTAND (or do understand but whatever ::)) is that this Cryptocurrency world is all a big gamble full of uncertainties! Even Bitcoin is not a certain for a future currency or anything else but to be apart of history at this point. Its a risky market and if you or anyother dont want to play it, leave it for the ones who want without harassing the shit out of us with your Blablablabla!!! Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: codegnome on December 28, 2013, 12:44:53 PM Calling for an end to this ponzi altcoin thing, and a return to sanity This is the second post with the same topic from you - stop spamming. If people want to know alt coin trends they can look at the historical charts. Your attempts at price manipulation is pathetic at best. I was an outspoken advocate of the opportunities to invest in the altcoins back in the spring. That was then, and this is now. You can read all of my past posts, if you doubt me. And I encountered alot of filthy, foul mouthed, extremely rude people on these forums, who were extremely pessimistic at the time. But had they listend to me, and acted, then perhaps they are wealthy now. But now I am telling you, that the altcoins are overpriced, and I am getting flak from you? You are certainly entitled to express your opinion, just keep it in one topic is all I am saying. Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: suchnoob on December 28, 2013, 12:45:15 PM No coming from someone who doesn't have to justify his actions by hiding behind God. By doing that you're worse than us heathens and non-believers you like to call us.
Now sincerely, get the fuck out of here, if all you have to do is spread filth. Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: SpeedDemon13 on December 28, 2013, 12:45:54 PM I'm Christian. You have to remember, the eye for eye was before he came to earth. Jesus did change some rules put in the old testament, if you study the bible. It's a sin to judge and persecute people. But let's not let this be a religious and/or ethics topic, please stay on topic and provide evidence claiming you assumption is truth or something close to it. You misunderstand Jesus Christ. Jesus did not change any rules at all. The law remains the same as the law always was. GOD NEVER CHANGES Jesus saved us from sin with his own life. If you read the old testament, if you weren't a Jew, you go to hell regardless. Jesus went to hell to save us non-Jews. What's not to understand. Please don't insult my believes as I haven't did yours. You have the right to believe the way you want about God and I'll respect that. Let's not touch religion from now on and in the future. Please stay on topic. Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: TBCM on December 28, 2013, 12:48:59 PM For God's sake people,
DON'T FEED THE TROLL Bury this thread. Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: SpeedDemon13 on December 28, 2013, 12:51:19 PM For God's sake people, DON'T FEED THE TROLL Bury this thread. This topic needs to be closed, if this continue like this and if nothing positive is gained from it. Arguments are fine, if they are constructive, at this rate, it is not. Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: Real1Guy on December 28, 2013, 12:57:25 PM Holy wow OP, your feedback section is acidic. I speak my mind at times. Not like the plastic false alts that some of you create on these forums. No, I presented myself as a real person at times. ALT COIN CRASH IS COMING IN JANUARY ::) ALT COINS CRASHING BUT YOUR MAMA IS SMASHING REPORT THE PIG SCRAMAR-TROLL FOOL! Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: MrClemenzo on December 28, 2013, 12:59:07 PM Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: matt608 on December 28, 2013, 01:00:14 PM I hate to say it but I have some level of agreement with the OP about there being a coming alt coin crash. IMO pretty much all of the alts are in a huge bubble, we don't seriously think these clones will ever rival bitcoin. As people have said its the greater fool theory in action. It's not exactly the same with all alts though, some do offer 'innovation' or at least, changes to bitcoin. When bitcon gets on its next big move up some time next year there will be a big altcoin crash as everyone dumps their alts to get back on the 'real' crypto. After that the alts will rise again.
Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: Real1Guy on December 28, 2013, 01:00:46 PM YOUR MAMA IS SMAAAAAASHING
Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: SpeedDemon13 on December 28, 2013, 01:03:16 PM I'm Christian. You have to remember, the eye for eye was before he came to earth. Jesus did change some rules put in the old testament, if you study the bible. It's a sin to judge and persecute people. But let's not let this be a religious and/or ethics topic, please stay on topic and provide evidence claiming you assumption is truth or something close to it. You misunderstand Jesus Christ. Jesus did not change any rules at all. The law remains the same as the law always was. GOD NEVER CHANGES Jesus saved us from sin with his own life. If you read the old testament, if you weren't a Jew, you go to hell regardless. Jesus went to hell to save us non-Jews. What's not to understand. Please don't insult my believes as I haven't did yours. You have the right to believe the way you want about God and I'll respect that. Let's not touch religion from now on and in the future. Please stay on topic. Read my sig. and look to the left at what I wrote there. What does that have to do with the topic? I keep getting away from religion and you keep bring it back. Please stop with instigation, if you think you so proper and perfect, then just keep thinking that and let it be. I don't think anyone is less or better than me, may it be a homeless person or a famous rich person, a person is a person. I'll respect you, but you have to respect me that I'm not purposely trying to attack or insult you. Now, back to the topic. Where are these trends and evidence of selling Alt needs to be done now? Links and charts would be nice to provide please. Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: Bigeyeone on December 28, 2013, 01:06:08 PM "WHAT GOES UP MUST COME DOWN"
True as long as you don't go into a high enough earth orbit Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: SpeedDemon13 on December 28, 2013, 01:08:47 PM I hate to say it but I have some level of agreement with the OP about there being a coming alt coin crash. IMO pretty much all of the alts are in a huge bubble, we don't seriously think these clones will ever rival bitcoin. As people have said its the greater fool theory in action. It's not exactly the same with all alts though, some do offer 'innovation' or at least, changes to bitcoin. When bitcon gets on its next big move up some time next year there will be a big altcoin crash as everyone dumps their alts to get back on the 'real' crypto. After that the alts will rise again. Alts original intent wasn't to rival Bitcoin, but to give late adopters a chance at digital mining and/or investment. Also, to improve upon Bitcoin's technology and services, in theory. Actually use digital currency for services and products, ie. overstock.com in six months. BTC, LTC, DOGE, etc; all digital currency is volatile and subject to rise and falls, just like the stock market. Speculation drives both stock market and digital currency. Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: occham on December 28, 2013, 01:24:44 PM There's nothing more lonely than a town with one lawyer. A one horse race is pretty dull too. Iphones may be dominant but ask Samsung if there's isn't a fair bit of money made being 'second best'.
Innovation cannot exist if there's only one option. Why? Businesses will not invest resources into a technology that they cannot, in some way, get around if it goes bad. Companies are inherently conservative and no CEO worth 2 cents would commit to a technology knowing there wasn't another option somewhere. The alt-coin market is flooded with crap. That crap will die. The bubble WILL pop in that regard. But some of the options will survive or else the entire cryptocoin market collapses. Capitalism works BEST when there are many options. It works worst when there is only one. Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: Viperbass on December 28, 2013, 01:25:34 PM The one alt coin that is going to surprise us next year is Dogecoin, there is a whole bunch of services coming online within a month including Doge Road, once that happens it will be the 2nd most useful coin on the market.
I do agree that there is too many alt coins without a use besides being a alt coin for early adopters to make money off. Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: rix5 on December 28, 2013, 01:30:01 PM prices were ridicules a while back. Now it is ok. Some coins like xpm, ppc, nmc, uno, cgb and others can easyly see 500% gains and more just in the next months. This is crypto. Good crypto is not cheap. Why should it be? I think prices are right atm. There is a lot of space for growth still. You think LTC will go back to 5$? Sorry. Won't happen.
Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: Protoverse on December 28, 2013, 01:35:23 PM Even if Alts crash, they'll just go back up. I hate to break this to you OP, but Altcoins will always have a value as long as people trade in Bitcoin or even national currencies.
Wish I could help you, man. You seem pretty bitter. Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: romerun on December 28, 2013, 01:37:41 PM Question is when. I want them dead, but they refuse, I have no choice but to join the club.
Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: Viperbass on December 28, 2013, 01:40:16 PM There's nothing more lonely than a town with one lawyer. A one horse race is pretty dull too. Iphones may be dominant but ask Samsung if there's isn't a fair bit of money made being 'second best'. Innovation cannot exist if there's only one option. Why? Businesses will not invest resources into a technology that they cannot, in some way, get around if it goes bad. Companies are inherently conservative and no CEO worth 2 cents would commit to a technology knowing there wasn't another option somewhere. The alt-coin market is flooded with crap. That crap will die. The bubble WILL pop in that regard. But some of the options will survive or else the entire cryptocoin market collapses. Capitalism works BEST when there are many options. It works worst when there is only one. I agree with you. I was trying to explain this type of philosophy to people on these altcoin forums last summer, but they attacked me. Seriously. They were calling me names and all kinds of foul things. Turns out that I was right though. The altcoins were a good investment back then. I had thought that the better named coins were the most likely ones to increase in value, but it turns out that any coin traded on cryptsy has gone up alot. Therefore, the coin didn't matter in this recent runup in prices, and it was all about the exchange. Cryptsy was the big winner, to tell the truth. All any coin had to do was be on cryptsy and it went up alot. So the true value was not usually found in any of the coins at this time, but the true value was found in the exchange is what I am saying. The exchange was much more valuable than any of the coins. The future most valuable coin is the one that is currently the most profitable to mine. ;) In other words coins that are the most profitable to mine will have the worst value at the time until there block rewards are halved and not used as a dump into btc. Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: ethought on December 28, 2013, 01:41:40 PM Calling for an end to this ponzi altcoin thing, and a return to sanity Prior to the recent rise in prices of the altcoins, there was somewhat of an investment opportunity, but that has now turned into uncertainty, and looking towards when the altcoins will come crashing down. But there is not any investment opportunity, because the prices are too high. All there is, is a possible gamble that you might win or lose, and the risks have increased, along with the puffed up prices. Are you like me, and does it irk you, that these new coins are coming out, and they think that their new coins are valued at the puffed up prices of the other puffed up altcoins? Did you say the same thing about Bitcoin when it was at $1? There is room for more than one digital currency - just like there are more fiat currencies than just the US Dollar. Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: nocoin on December 28, 2013, 01:43:43 PM "WHAT GOES UP MUST COME DOWN" Do you meanTrue as long as you don't go into a high enough earth orbit TO THE MOON! Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: Real1Guy on December 28, 2013, 01:46:02 PM Trust: -12: -3 / +0(0)
Warning: Trade with extreme caution! Ignore *the fool* :* Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: nocoin on December 28, 2013, 01:55:41 PM I explained to you already, that I was one of the only ones on the altcoin forums, last summer I see.who was telling people that altcoins were a good investment. At that time, there was alot of rude people on these forums(as there is now too), and they attacked me at times. Quote Solicited donations "on behalf of the salvation army", but refuses to provide proof Quote Attempts to collect donations for unregistered charity Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: instacalm on December 28, 2013, 01:56:29 PM yet another superfluous thread
Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: cryptohunter on December 28, 2013, 02:05:35 PM you predicted their rise, but that was rather obvious since as more people heard of bitcoin more would find out about alts. That rise was logical
The fall of alts is not logical nor obvious. I would say alts will continue to rise, if new alts stop spawning. Simply supply and demand. There could be other circumstances that arise that we can not predict. Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: Real1Guy on December 28, 2013, 02:22:10 PM EVERYONE CLICK ON REPORT TO MODERATOR
AND REPORT THE FOOL fu ck spammer-scramer Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: cryptohunter on December 28, 2013, 02:25:21 PM you predicted their rise, but that was rather obvious since as more people heard of bitcoin more would find out about alts. That rise was logical The fall of alts is not logical nor obvious. I would say alts will continue to rise, if new alts stop spawning. Simply supply and demand. There could be other circumstances that arise that we can not predict. It is ridiculous to talk about 'supply and demand' with these coins. Get real. Copy and paste and create millions of billions of coins. Do that over and over again, maybe a thousand times, and there is no supply crisis at all. No reason to pay hardly anything for any of the coins. Too many coins. Have trouble reading by any chance?????.... try again. I said if new alts stop spawing.. or perhaps comprehension is the issue???? The exchanges are to blame their greed is obvious cryptsy needs to stop adding ever new copy and paste shitclone. Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: noedelx on December 28, 2013, 02:53:44 PM can someone please get this guys banned hes spamming every alt coin tread now with this shit
Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: vrm86 on December 28, 2013, 03:12:14 PM I AM MOSTLY OUT OF THE ALTCOINS AT THIS POINT IN TIME ( because fools have driven the prices way too high ) You mean you have dumped your coins too early? 8) Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: SaltySpitoon on December 28, 2013, 03:29:02 PM +1 if you're going to trash Altcoins do it in the Bitcoin forum - you are in the WRONG ROOM HERE Nope, this is the right place. Its a speculation thread, don't see how its spamming. Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: Mooshi on December 28, 2013, 03:33:55 PM Someone seems a bit cranky and has no idea how the free market works.
The concept is simple. Yes, there are a bunch or really stupid altcoins with either bland names or flat out retarded ones. However, the way things work is if someone finds value in something and people agree on the value, it becomes a thing. If people were to one day feel the US dollar is worthless paper and treat it as such, it'd crash big time. If there is an alt coin that is deemed too bad for the community, people ignore it till it dies. Simple, no? There are many alt coins I flat out loathe, but guess what? I have zero invested in them, the value of them has no effect on /me/ as an individual. So why should you care, OP? Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: MisO69 on December 28, 2013, 04:11:26 PM Haters gonna hate...
Who cares what you think. What is happening here is something that has never happened before. No one is qualified to predict what will happen in the future with alts or btc for that matter. Its all just speculation. Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: Nullu on December 28, 2013, 04:14:25 PM We're now in the boom phase of altcoins. Most of them will be in the dust in a year's time. The ones that make it will have worth. The fun is in trying to work out which of those it will be, and the more coins there are, the more divided the hashing power, and thus the bigger the reward should you pick the right coins.
I think it's fine just the way it is. Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: gnode on December 28, 2013, 04:30:08 PM Well I don't think that people realize how small the total altcoin market cap is at this time. It is tiny in comparison to anything remotely related to wall street etc. It is even small compare to the average bonus of somebody that works at the big wall street firms.
Given that what, will happen when big money starts pouring in? Every coin on an exchange will skyrocket!!! These coins will never die. Nobody will care about specific properties of the coins. The only concern will be a viable network. The price of coins have just started going up, we will see big increases in the months ahead. What about the coins not on any exchange? Well the key is to guess which ones will get listed and mine those. Title: Re: [ALT COIN CRASH] WHAT GOES UP MUST COME DOWN Post by: iGotSpots on December 28, 2013, 04:41:51 PM Trust: -12: -3 / +0(0)
Warning: Trade with extreme caution! Ignore Thanks for the tips, OP! |
