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Title: What's your opinion about the ALT Coin Post by: fangchengqing520 on December 31, 2013, 03:32:28 AM There have many new Alt coin recently, which many want to publish on Cryptsy for trading, however, the total Market cap of cryptocurrencies is 13 billion USD, it is only 1.1billion USD for other ALT coins after reduce the total market cap of BTC and Ripple 11.9 Billion USD, so what's the future for the Alt coin, if the growing rate of new alt coin announcement larger than the Market cap, the average price of ALt Coin will be lower, Or only few attractive Alt coin will go to the moon, just like IFC, TIX, NET, JKC recently, which maybe have big banker join in the game. :)
Title: Re: What's your opinion about the ALT Coin Post by: fangchengqing520 on January 01, 2014, 02:40:35 AM remark
Title: Re: What's your opinion about the ALT Coin Post by: KKomygod on January 03, 2014, 06:45:58 AM There have many new Alt coin recently, which many want to publish on Cryptsy for trading, however, the total Market cap of cryptocurrencies is 13 billion USD, it is only 1.1billion USD for other ALT coins after reduce the total market cap of BTC and Ripple 11.9 Billion USD, so what's the future for the Alt coin, if the growing rate of new alt coin announcement larger than the Market cap, the average price of ALt Coin will be lower, Or only few attractive Alt coin will go to the moon, just like IFC, TIX, NET, JKC recently, which maybe have big banker join in the game. :) ...too much noise.Title: Re: What's your opinion about the ALT Coin Post by: kalus on January 03, 2014, 06:54:09 AM There have many new Alt coin recently, which many want to publish on Cryptsy for trading, however, the total Market cap of cryptocurrencies is 13 billion USD, it is only 1.1billion USD for other ALT coins after reduce the total market cap of BTC and Ripple 11.9 Billion USD, so what's the future for the Alt coin, if the growing rate of new alt coin announcement larger than the Market cap, the average price of ALt Coin will be lower, Or only few attractive Alt coin will go to the moon, just like IFC, TIX, NET, JKC recently, which maybe have big banker join in the game. :) But the Recent Alt coins published on Cryptsy for trading have only finite pool of Suckers Drawing from, So it looks upon first Glance Like 1.1b is up for grabs, But it is really all tied up in worthless dogecoin, and terracoin that people cannot part with out of pride, and it will be hard to separate people from their money as it was so easy before, simply becuase the Altcoin bubble is about to burst, so the Alt future may hold that all Alts are effectively Genericised, As a black Box where People simply Mine whatever Alt is most valuable at the time, and not give a flying fuck if there is a cat, or a crab, or a nicholas cage on the front, But i see you like IFC, TIX, NET, and JKC, but i prefer CAT and DOGE, namedrop nicholas cage. :DTitle: Re: What's your opinion about the ALT Coin Post by: robust7 on January 03, 2014, 07:36:15 AM no big interest for most alt coins
Title: Re: What's your opinion about the ALT Coin Post by: Mortimer452 on January 03, 2014, 07:41:44 AM The more AltCoins we have, the lower in value they all become.
Outside of Litecoin and Primecoin, I don't believe AltCoins are bringing many new people to the CryptoCurrency world. They are just spreading out existing market value thinner and thinner. More harm than good. |