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21  Alternate cryptocurrencies / Announcements (Altcoins) / Re: GRAND COIN - 1 GRAND PER BLOCK and SUPER BLOCKS released TODAY 13/07/13 on: January 08, 2014, 05:21:37 PM
I think a good plan for waking up this coin would be to have services around it, don't you think?

I mean games or shops, or I don't know
Currently what we can do? coinbomb? That's useless.

the interest to mine this coin is to be able to sell it.
The question is to know who wants to buy it?

it's less and less credible to say "buy it now because it's growing up"
an nobody wants it for doing something else than trading because there are any other services around.

22  Other / Beginners & Help / Altcoin standard evolution on: January 08, 2014, 11:09:25 AM
Hello there!

Since there are large quantity of altcoins, do we know now a standard evolution of its trade against BTC?
i've started mining 1 month ago and most of the altcoins I have mined are going deep low.
So in fact, since I didn't yet trade them to BTC, even I'm mining 24/24, I'm losing the hypothetical BTC I would have by trade. (The quantity of BTC I was able to trade 10 days ago is now divided by 2!)

For what I quickly see the standard evolution looks like:
1) start of course at 0
2) great explosion of the price in the first weeks
3) loose stability weeks after
4) then goes slowly down to a balanced low price (probably its real price)

Of course it's just a general rule.
Mid of december seemed to be a particular event where people tried to save their BTC investisment in other "stable" coins.

The question behind it is, is there any thought concerning profitability of alt coins in long term?
Currently the simplest strategy seems to be: sell the coins you've just mined.
Perhaps the best would be: mine new coins, wait for the explosion and sell them right before the crash which always happened.

Another question is, what would be the requirement for a successful altcoin.
Noob as I am, I would say:
- improvement in term of mining compared to other generation
- good dev maintenance
- large environment of services based on this coin (trade, games, shops)

Any thought?

Thanks,
Polux
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