Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Mr.V on January 16, 2014, 05:53:27 AM



Title: Stop Investing
Post by: Mr.V on January 16, 2014, 05:53:27 AM
Stop investing in new copy cat coins like NXT, that ask for your money as initial investment in exchange for shares. Why not to invest after it launches well because your making a share holder rich while he dumps his stash on you. nuff said


Title: Re: Stop Investing
Post by: hasar on January 16, 2014, 06:16:41 AM
Yeah IPO is not a good idea. It's not a company. It produces nothing. We should exchange or mine it.


Title: Re: Stop Investing
Post by: o24 on January 16, 2014, 06:25:39 AM
If only it were so black and white.


Title: Re: Stop Investing
Post by: tk808 on January 16, 2014, 06:30:33 AM
Yeah, let them get scammed


Title: Re: Stop Investing
Post by: hasar on January 16, 2014, 06:31:10 AM
Strange things possible only in internet era. That twitter chat site's market camp is 40 billion! Crazy.


Title: Re: Stop Investing
Post by: brooklynite on January 16, 2014, 06:37:48 AM
The only thing we should be investing in is AMD stock.


Title: Re: Stop Investing
Post by: brooklynite on January 16, 2014, 06:40:49 AM
The worst coins are those who change the fundamentals of LITECOIN and BITCOIN and basically alter the wallet. Things like SHARES and NXT who try to remove the openness that made BITCOIN popular while trying to conceal facts such as pre-mining (shares doesw that under the disguise of anonymity).

I think the market is saturated with stupid coins and no one should mine new crapcoins. Well actually when they do they reduce the difficulty on more popular coins like doge lol.


Title: Re: Stop Investing
Post by: kalus on January 16, 2014, 06:44:46 AM
with coins that are basically identical to each other, why would someone pay money for an IPO?

is buying shares the non-miner's version of 'premine' or something?