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1  Alternate cryptocurrencies / Altcoin Discussion / Guldencoin starting to shine through on: August 18, 2014, 07:50:07 AM
I am super impressed that people are starting to notice quality coins, the more people get burnt from the latest PnD the more they will look for more solid investments and not just making a quick buck.
Anyways those that bought at 72 Sat... well done, you doubled your portfolio for backing a coin that can be used in the real world even during the btc correction.

2  Alternate cryptocurrencies / Altcoin Discussion / Will the last POW scrypt coin please switch the lights off on the way out. on: June 16, 2014, 08:07:54 PM
Yes, we are at the stage where POW scrypt coins are being hit with a double blow.

1. ASIC miners which is public knowledge. 3 Issues:
a. Scrypt coins vulnerable to 51% attacks.
b. Forces value down as ASIC miners dump out to try ROI.
c. Removes GPU mining as a option and mining becomes more centralized.

2. POS coins backed by Multi-pools

These multipools will continue the dump on POW to support there own coins.

The eventual death of POW will also kill off prices on POS coins and Scrypt ASICS will in turn become useless coffee cup holders.

Some turbulent times ahead.
3  Alternate cryptocurrencies / Altcoin Discussion / Bittrex to take Mintpals place soon? on: June 11, 2014, 05:15:12 PM
Even with bittrex having downtime today it has passed the 2000 btc trade mark in 24 hours.

With the latest scandals around mintpal allowing coins to get on with bot votes and making dubious choices around coin choices to add that many suspect they have been thrown with btc
it's no surprise that a honest exchange like bittrex is starting to get more deserved volume.

Bittrex exchange obviously doesn't need to be bribed in order for a coin to be added as they have the infrastructure to add a lot of alts without exchanges like mintpal deciding what coins are good for you.

Great to see this type of thing occurring.

4  Alternate cryptocurrencies / Altcoin Discussion / Mintpal unofficially accepting bot votes now. on: June 02, 2014, 05:10:13 PM
After Cryptometh got added last week mintpal have now started accepting bot votes. This week Information Coins bot beat out Entropy Coins bot to take the top spot this week.

So going forwarding getting onto mintpal has never been easier.

1. Create about 30-50 accounts and do enough trades on them until you allowed to vote.
2. Use a bot program of your choice to cycle through each account and vote hourly.

Simple as that and much more cost effective then throwing btc at a coin.

Unfortunately for Cryptometh the trade volumes have plummeted aswell as the price but I am sure the dev managed to get some decent btc out of it.


5  Alternate cryptocurrencies / Altcoin Discussion / Big Respect to Swisscex the exchange with the most integrity on: May 31, 2014, 06:41:19 PM
I have been watching for last few weeks how the voting is going on the various exchanges as this is normally a great way to see which coins have a strong community backing, well at least I thought
until I started doing research into these "popular" coins that have so many votes you would expect 1000 page ANNs on arrival.

Over the course of the 3 weeks I saw 4 coins get removed from the swisscex voting list for botting and abuse of the voting system, before it did I looked into these ANNs,reddit etc and found that some of them only had barely 20 pages and not very active. It didn't take long before they were removed from swisscex which really impressed me about the exchange and honestly it deserves more support then it's currently getting. You can see why the Swiss are so highly respected when it comes to finances as they are very serious about protocols.

So well done to Swisscex for keeping things honest!

Now lets look at the current most popular alt coin exchange at the moment which is mintpal, do yourselves a favour and look at the top 10 coins, investigate them more and you will see how 100s of accounts have been created to do a few trades and then used part of a bot program to push votes.

CryptoMeth is also a coin that cheated it's way onto mintpal but it seems Mintpal actually doesn't give a fuck. So if you have a legit coin that is currently in the top 20 you could probably get into the top 10 easily by showing mintpal the errors of there ways

6  Alternate cryptocurrencies / Altcoin Discussion / Exchanges only care about money INCLUDING mintpal on: May 01, 2014, 04:30:16 AM
Recently I have been hearing a lot of complaints about high profile exchanges that only add the latest scam pump and dump coins and not honest coins with a bright future, while this may be the case at the end of the day most exchanges only care about making btc through high trade volumes.
A lot of people were surprised when mintpal added whitecoin, infact there was plenty jokes going around about whitecoin being created after blackcoin on btc-e and poloniex troll boxes because we knew it would start the color coin revolution and today we have a lot of colors to choose from.

None of these coins will add any value besides the enjoyment of playing the pump and dump game. Most of these coins won't add real value outside the crypto world and most certainly won't contribute to growing the industry. We all know for a fact 99% of these colour coins will be a distant memory in 1 year from now.

Why Mintpal is smart is because they ride the high trade volumes for new coins added and then will remove them when volumes dip under a certain amount, hell at the end of the day exchanges don't give a shit about crypto currencies that will have a use but low trade volumes, it's just business. Scam coins have matured and need a lot of btc to get listed onto exchanges now, also scam coins need to show some form of "innovation" to make some btc. This is a good thing because it kills off shitcoins and scam coins with no btc behind it.

7  Alternate cryptocurrencies / Altcoin Discussion / Nothing to read here. on: January 31, 2014, 04:25:11 AM
8  Alternate cryptocurrencies / Altcoin Discussion / testing on: January 16, 2014, 06:01:57 AM
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