1201
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Alternate cryptocurrencies / Altcoin Discussion / Re: Abort Cryptsy
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on: May 24, 2013, 08:56:40 PM
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This ^^ if i charge you 3% of everything you mine, you and a thousand other people, i would never need to mine again. Let alone when i have an exchange. The buy orders are bogus, and to prove a point, once my btc gets confirmed, i'm going to help rob people blind today.
You don't know what the heck you are talking about. All of his pools are donation driven - that's a 0% fee if you didn't understand.
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1202
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Alternate cryptocurrencies / Altcoin Discussion / Re: Abort Cryptsy
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on: May 24, 2013, 08:41:28 PM
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I have watched the progress of this new "exchange", in short, alt coin miners are getting duped and they are falling for it. Have you looked at the standing buy orders for every new coin? they are all the same price asking for similar amounts. That site is rigged to make sure alt coins fail by devaluing them. We are the suppliers, ergo we have a say in the price, i motion we drop that site off the forum completely and ignore them until they get serious, my word, in 3 days they killed 6 alt coins that actually were gaining a following.
I'm calling BS on this. Big Vern is probably one of the largest supporters of ALT coins with a large number of pools and an exchange. There are too many coins for this community to support them all. It's not Cryptsy's fault and is actually a nice exchange.
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1204
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Alternate cryptocurrencies / Altcoin Discussion / Re: GLDCOIN @ Cryptsy! YAY
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on: May 24, 2013, 05:48:29 AM
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We're trying to understand what potential use coins like this serve besides being easy to mine because they're newly created. Does GLDcoin offer *any* improvement or advantage over bitcoin or litecoin? I get why you'd want to mine it, but I don't understand why anyone would want to buy it except being lied to about its future valuation.
It's all about a small community trading BTC back and forth, that's it. These ALT coins most likely have no future use and will be worthless in the near future. I'm pretty sure most people here understand that.
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1205
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Alternate cryptocurrencies / Altcoin Discussion / Re: GLDCOIN @ Cryptsy! YAY
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on: May 24, 2013, 05:40:31 AM
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Feathercoin is on the list too, you guys just appear to have one right in the initial stages of taking newbies money, and also seems to be a more obvious scam with the amount pre-mined and the very fast exchange integration.
I would say noobs are safe from GLD as it won't make it past the Cryptsy exchange. Everyone else should be well aware of GLD's shady history and the tools that support it.
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1209
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Alternate cryptocurrencies / Altcoin Discussion / Re: DGC on Cryptsy
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on: May 23, 2013, 01:27:51 PM
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Buyers are slack atmo . current offer is .0005. no sellers willing to take this price. wdc went up to .0025 before falling again. where do you see digi price going ? short term
I don't see a reason DGC should be valued more than WDC.
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1217
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Alternate cryptocurrencies / Altcoin Discussion / Re: [OFFICIAL] WorldCoin Report (2013-may-21)
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on: May 22, 2013, 08:51:12 PM
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Transaction speed does not compromise the chain, it just makes it grow VERY fast. The fact that a single pool right now has 60% of the hash rate however is a disaster that can split the fork and kill the coin.
I see, so the transaction speed of WDC intensifies this effect more so than other coins? Or is this an inherent problem with all coins...
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