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It doesn't seem that anyone is panic selling. The glitch will probably be fixed soon.
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There's so many alts out right now that it's nearly impossible to keep track of them all. Even the pump and dumps aren't as profitable as they used to be  |
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It's quite obvious the big fishes wanna dump their coins before they become worthless  |
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Is this bounty still open?
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I am not going in any of these pump and dumps scams anymore. I got burnt and learned my lesson fast. Best is to help the coins get more promoted in order to help raise the awareness and intrinsic value of each coin which is what I am focusing now on 100% and that way you can perhaps earn also free coins, much better than risking an arm and a leg only to lose it in the markets. I am holding my span coins for now even at a loss as a bagholder I won't sell them just yet that's for sure. Good luck and don't get swayed and if you do have the odd flutter just play small..That is what I am going to do.  They will only go lower in the future. Sell now and recoup something, or wait till later and get burnt even worse. |
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People hoping that they're going to be the next bitcoin.
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there will be a major yummy dip.
 Sorry OP, but it's hard to take your post seriously  |
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The only alt-coins that I could see breaking $1 in 2014 are ones that have a really limited supply. Look at how bitbars are worth a lot even though no one is giving them attention or trading them.
In the end though, what really matters is what innovation, if any, a new alt-coin is bringing to the table. Prices are irrelevant for an alt-coin if they're just gonna be pumped, dumped, and forgotten.
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Does infinitecoin really have infinite coins?
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Bears are out of thier caves , they will go back in and cry soon enough.
It's going to take a while for the Mt. Gox bankruptcy to blow-over, but BTC seems to be holding up quite well despite of all the bad press. |
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Since we can't reliably factor in the value of a Bitcoin in the future, there's no way to know whether mining will be profitable by the time of the next halving.
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Sure we can give it one year to draw conclusions. You can hold BlackCoin/NXT and I'll hold BTC and LTC |
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How many posts make you full member?
-bobby
There's more to it than just post count: The activity number is determined in this way: time = number of two-week periods in which you've posted since your registration activity = min(time * 14, posts) Activity is updated every 30 minutes. The new membergroup limits work like this: | Group | Requirement | | Brand New | 0 posts | | Newbie | (none) | | Jr. Member | activity: 30 | | Member | activity: 60 | | Full Member | activity: 120 | | Sr. Member | activity: 240 | | Hero Member | activity: 480 |
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What sets this BlackCoin apart from the next CloneCoin pump-and-dump?
There are lots of things, .just check out the main thread. https://bitcointalk.org/index.php?topic=469640.0It the first PoW/PoS coin, now fully PoS. It has 1% interest (witch is far better then for example 20%) because it is only 1% inflation instead of 20%. It has 0% premine, with great and active community. The coins are rather fairly distributed unlike NXT, check the top 100 richest adresses. Oh and the best part: it is still massively undervalued even with the latest rises. The coin was being selled at 3000 sat while the PoW was in progress wich is double the price from now. Yeah, and BBQ coin was undervalued after I dumped every 2k BBQs for 1 BTC. In fact, it's even dropped in value 10-fold since then. And we had a great community too  |
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http://maarx.nl/maarx.nl/blackcoin/distributionI was from beginig and those top 10 places was floating 1m - 4m... i think distribution of BC was ok. There is no sense in ague about distribution because now eg with up coming ASIC for LTC will brake your great distribution like it is with BTC. Only BTC farm can get some coins like that from cex.io. Whole idea mining BTC for regular Joe was burrowed year ago. Now only BTC farms get some BTC... LTC was mined in 33% by gpus now with ASICs your distribution will follow BTC path... I give LTC hmm 6-12 months and forget GPUs. That will be ASICs festival. LTC was P&D too it took time to stabilize market. LTC price jumps 1$-50$-13$ ^^ yea P&D free during lifespan. Give BC one year and then we can talk which distribution is better. Today in one month of lifespown there is no sense to argue about it. NXT is just other kind of distribution... ASIC miners don't kill distribution. Those people investing in ASICs are spending a lot of money and taking significant risk. Some may not even see an ROI. Whereas according to you, the initial investors in this BC had 1 to 4 million coins? Bitcoin also went from $1-$1250-$600, so you're right; all of them have been pumped and dumped. But some have more staying power than others due to infrastructure, interest, exposure, etc. |
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None of the alts go up long-term except for LTC. Sure some of the early ones like NVC and NMC did, but that's only because they're on btc-e. Auroracoin is going nowhere except down from here.
I can easily imagine BC draining LTC's marketcap, if their black-hole mining pool concept works out. How exactly would that work? People aren't going to suddenly dump their LTC for a new coin that has no infrastructure built around it. EDIT: Is it something like this? Follow this - a mining pool that targets profitable POW coins, then sells the alt coins to buy NXT, then distributes the NXT to the miners. Use your POW mining rig to generate NXT, the premier POS coin - cool idea!!https://nextcoin.org/index.php/topic,4399.0.htmlSeems like some of the other alts are trying this 'black-hole mining pool concept'. The problem with this is that most who who mine alts do it to exchange them to BTC, or to a lesser extent LTC. So in reality, those two are the ones who will be eating away from these alts' marketcaps in the long run. In fact, if you go over to mining speculation sub-forum, you'll find a lot of people saying 'SHA-256 mining is no profitable, just mine Scrypt coins and exchange them to BTC for maximum profit.' |
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I would do some serious research on most of the coins that people suggest
Says the bbq man! I no longer trade BBQ coins, but I can't change my avatar. Plus, it's a tasty-looking logo Oh yeah, and BBQ coins are the only proof-of-steak crypto!  |
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It's quite simple actually; When people buy the price goes, and when they sell it goes down. And there's always people buying and selling.
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There actually used to be an auction site with escrow called bitmit.net, but it shut down abruptly. A google search gave me https://cryptothrift.com/. Never tried this one though, so I can't really vouch for it. Sellers and buyers would definitely be attracted to good crypto auction site. Expecially if it doesn't gouge people the way Ebay does  |
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