Bitcoin Forum

The World of cryptocoins is very complex in terms of market, the value of the coins is speculative,
in that environment there are many opportunists seeking short gains. This has generated a flood
of junk coins that do not last more than 10 days in operation, where there are winners and losers.

Normally when a coin is announced ,  hundreds of miners jump aboard looking to have as many
coins as they can in the shortest time at the lowest cost, as they know that in a short period of days maybe they can get
a good profit.

The market is tough and unforgiving, the market creates gods or disappears them in a matter of days or even hours, and in this tough market there are real projects that can become in a medium to long term good coins but with the current market politics those coins are lost.

Many good projects have come and gone in a matter of weeks, my opinion is based on a group, lets call them
 "select" user's who control the entire market, either from the creation of coins, pools and even exchanges
making rich this "select" group at the expense of others fantasy.

let's get numbers, how many coins are released weekly? approximately 21 weekly Coins, 84 Coins Monthly,
if all were real coins with a real development team, we would have 84 development teams in a single month.
however this is not real, there are actually only 12 to 20 groups of developers creating complete junk coins
to generate short-term income ,many of them under the "POS" system, with variations in the algorithm (X11, X13, X15, NIST)
to justify its creation.

Investments on  coins and the market should focus on what kind of development is being done on a coin, either by improving the code (Anon transactions ,   Network Improvement, etc)
or improving environmental management of the currency (support for multiple OS, Outlets, Accepted in Stores, games & more)
DarkCoin coin is  being developed in a unique way and have the support of the community and is growing,
but others are forgotten by the community despite its continued development in other fields (Myriad, Talkcoin, NTX, Quark, LimeCoinX)
Which are being developed in greater or lesser extent in different areas other than code.

I think the community should think through where you invest your money and not be fooled by the release of hundreds of coins
monthly which bring only short-term benefit. Often we criticize new currencies that "do not bring anything new to the table,"
but we should wait and see what the developers are doing  to grow that currency, either in terms of programming
or in terms of marketing. Many times they forget that the programs are more than code, if you want to grow the market
be opened to provide access to ordinary users and make them invest in a digital currency. there is a large marke,
not adding 1 more algo and name it X16 and then X18.

What we need is a decentralized market for decentralized currency, where currencies fluctuate freely in a safe manner, and not have to "vote" or "pay" to a third party to add a currency to the system.

A system based on a chain of blocks that validates exchange transactions open to the public , where currencies would be self-deleted when the volume reaches zero for more than X amount of time and are listed with a single record in the block chain. Be a Zero Tax Free Exchange.

Bitcoin and alternative currencies, claim That They are tax free and That no government limits them, but each exchange charges a tax, so, the coins are really free?

expect serious comments and objectives.

just found this - well stated except all i can say  is the free market will iron a lot of this junk out and in a way it gives rise to a lot of innovation pieces.

so think of it like a junk yard, people can pick though this or that junk code and build something new or add something , so there is a positive if you want one : )

In fact i'd advocate renaming the Alternative currency section:

 "Junk town"

its a beautiful descriptive name . 

quark is junk, yes?  ;D
you said it