What is the point now for all those alts and what are we doing exactly now in the alt community ?
- Coin devs are reducing Alt coin quality . From total inital joke coins like the doge or the bernanke, we now see coins where authors either directly discard them (ulicoin) or do not have a clue what a coin is made of (saw some student posting a binary coin who didn't know what a conf file was today),
or without any source (
https://bitcointalk.org/index.php?topic=380893.0), or old known scammer pushin a new revolutionnary premined coin (
https://bitcointalk.org/index.php?topic=371775.240)
It is is obvious they don't care as probably other scam miners will throw instantly 200 Mh on it in attempt to sell any outcome instantly scamming other people. And the operation happens now on very short time frames probably wasting all this energy for a a few $.
- Trade sites owners are calling for new those alt shit coins for listing for "only" 5BTC. Or do they sometimes just run away with your coins. Or do they just bullshit you selling you ahead participations for something that is not going to last more than 2 weeks. Or do they simply don't care at all to program something not buggy because it is not the objective to go for the longer term.
- pool owner running away with the few coins you made of a shitcoin premined and that you tried to sell at an overpriced value on a trade site owned by someone thinking about running away and traded to someone trying to pump and dump the coin.
- Miners, are mining any alt shit coin that is out. They want to have their Windows sexy GUI wallet because they tend to be computer illiterate. They are ready to mine coins that are infllationnist (
https://bitcointalk.org/index.php?topic=375010.0)(they probably have no clue what it means in terms of ROI for them) Other with infinite supplies ... . They will then go in forums trying to scam you or they will go on the other trade exchange sites owned by scammer and to meet other scammers
- you can now see threads asking about the worst alt logo and nobody trying to share any idea of what could give a value to a coin.
So in short everyone scamming everyone, just role playing, I'd love to see a real bitcoin alternative in here. but looks like it shifted to something weird.
Season's greetings.
Very good post. I stayed awake until 7 a.m. to be there at the start of the great (premined scam) Atomcoin...
There already BTC alternatives...I would just stick to the few currencies that will survive.
In my opinion they just have to have some improvement over BTC, an active DEV and a community. Obviously if nobody is going to use the coin in the future for buying/selling stuff, it will be worthless anyway (which will happen to most alts sooner or later).
Coins I would buy (maybe even if I'm not a real fan of some of them):
BTC
LTC
PPC
XPM
DTC (yes Datacoin...innovative coin, but has only one developer for now...abd he seems to be very good and dedicated)
PTS (Invictus Protoshares) has really a lot of potential (if you check their website out, you'll see that these guys have very cool innovative ideas coming soon)
WDC and QRK (both not innovative...but people like them). WDC will make a big jump next year if all the "good news" are going to become true.
Ah yeah, of course I would trade all the coins above just to have some DOGE, wow.
Show Posts
(yeah I know, 96h at 16.5hpm and 0 coins...that sucks...but that 1 MMC made me happy the same way as finding a block because...cause it's really nice knowing there are still people who find some joy in making a complete stranger a bit happier than before).
)
