|
Title: Open letter to multipools and coins that trade for 0.00000001, DONT SWITCH. Post by: joulesbeef on March 06, 2014, 04:49:54 PM it seems kinda retarded to constantly switch to dying coins simply because some asshole bought a fraction of one for 0.00000002.
when there are 30btc on 0.00000002 and 12 on 0.00000001.. you arent going to sell your coin ever for 0.00000002. SO YEAH PROFITABILITY APPEARS TO DOUBLE WHEN DUDE WITH 30 BTC SELLS A FRACTION OF ONE COIN, but it is an illusion. When you get coin to exchange you are going to sell it for half as much because no one wants to wait a year behind 30 btc ahead of them to sell their 1000 shit coins for the price the pool said they were when mining. yeah.. this is an issue for every coin somewhat.. prices often dropping and by the time they hit the exchange they are less profitable than when mined.. BUT IT IS INSANE WHEN YOU GET TO 0.00000001.. because a single sale doubles the profitability. THAT SKEWS THE SHIT OUT OF PROFIT CALCS. JUST LET THE SHIT COINS DIE. Title: Re: Open letter to multipools and coins that trade for 0.00000001, DONT SWITCH. Post by: brokedummy on March 06, 2014, 04:54:49 PM A substantial BTC rise ought to take care of it. Then the 1 satoshi orders will be on the sell side and nothing on the buy side and the shitcoin will die.
Title: Re: Open letter to multipools and coins that trade for 0.00000001, DONT SWITCH. Post by: joulesbeef on March 06, 2014, 05:07:12 PM well yeah but I dont want my multipools to be mining them in the mean time.
at least coinmine.pw lets me remove them from consideration. You get my complaint is the profitability of these coins is an illusion.. and that you are GETTING 1/2 REWARDS. SO THESE MULTIPOOLS THAT ARE SEEKING PROFITS.. ARE ACTUALLY DOING THE EXACT OPPOSITE WHEN MINING COINS THAT NORMALLY SELL FOR 0.00000001 it really is anti profit jumping and cuases multipools to be MUCH LESS PROFITABLE. you get 3 or 4 of these and you completely negate the benefits of multipools. and you actually make less than juts mining any coin.. due to money lost in the switches. I REALLY WISH ALTCOINERS WOULD LEARN SOME FUCKING MATH well except when they ponsi Title: Re: Open letter to multipools and coins that trade for 0.00000001, DONT SWITCH. Post by: brokedummy on March 06, 2014, 06:42:16 PM That's already happening. Trolls were buying small amounts of FLAP yesterday to keep it at the top of coinwarz and now they've pumped it up even more due to the increased hash. lol
Title: Re: Open letter to multipools and coins that trade for 0.00000001, DONT SWITCH. Post by: joulesbeef on March 06, 2014, 06:53:56 PM lol btcexpress.. dont mistake loud disagreements for being off my xmas list.
Lol anyone know where i can get rid of some of these solidcoins? LOL that is funny though to troll the multipools. I might do that myself bitcoinexpress.... it might teach them to fix this, when their profitability drops below 100% |