Unfortunately this world of cryptocurrencies has become another speculative market where the main (and perhaps the only) motivation behind this current development of new coins is the mere speculation, and that is why we are continuously observing this volatile variation in prices.
But at the end of this greedy game, I have no doubt that bitcoin will continue being the Number One, and the only valuable option.
I have nothing against speculations! I was talking about pointless coins, which are obviously pumped and dumped (i.e., many people are participating in it, no matter that they know what would be the outcome, thus helping creating more and more useless cryptocurrencies with the only reason: TO MAKE MONEY) and will be abandoned at some point. We are not even talking about developments here, only "promises".  |
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we can. but "we" won't. just because of the money.
noobs got scammed. thats why they have to scam an new noob.
the question is: how the leave this circle?
I will answer with a question: Take a good guess what may happen if this circle continues? |
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At this moment I can name at least 5 so called shitcoins (will not go with more, and will not call names), which has extremely volatile "value" and ridiculous (fake, of course) volume/price. While this is obvious to many of the people in here, it is not for many others, which are "joining the cryptocurrencies" now. AND THIS IS NOT GOOD! I know perfectly that the wolf eats the sheep, but most of you are not wolves (i.e. whales)! So please think twice before posting the 100th thread about your beloved coin with soooo advanced tech (and whatever), because most of you are in for the FIAT MONEY and BITCOIN. You may be "smarter" than the newbies, or some naive people if you want, but you probably don't understand that currently you are somehow acting like the banks or governments, which eventually are f*cking everybody! Yes, I dare to compare cryptocurrencies even with a government. Here we are Kevin and Spartak who are working in that government for years, but here comes John (the noob) and we decide to screw him, because he just don't know how the system works, and because we can earn some money from that. In majority of the governments (if not all....) there are people who gets bribed at some point, here we just call them shills.
Bitcoin has the current price because of the many people interested in it, not because of the technology. There are many coins/assets/whatever, which are "better" (and received HUGE "investments" (I'm poiting to ICO's/crowdsales etc..)), but do you know what? That doesn't matter! And do you know why? Because you need 10s, or even maybe 100s of BILLIONS $ to do it (imagine how much work was done since Bitcoin was launched (I'm not talking only about coding)). Just try to gather 100s of thousands people to work in your interest for years and see what's gonna cost you... Yeah, they are probably few billionaires and many millionaires who "helped" (i.e. invested) on the way, BUT the masses are the ones who MADE Bitcoin (Satoshi just created it (hats down, of course)).
By supporting some of the "good" cryptocurrencies/assets you'll still can make a profit (which can be even greater than your $5 made of the "coin of the day"), but you should just wait a bit longer. I'm not saying "Invest your $10 in Bitcoin/Litecoin and wait 10 years to see if your investment will make a ROI". My request is to avoid scams (come on, most of them are very obvious, and you can tell that it's just a matter of time for them to disappear, and start over with another "project"), because they are not good for any of us (even for you).
All we need can be said with one world - ADOPTION!
Take care,
Spartak
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@spartak_t I did in fact figure you were being sarcastic etc.. seriously. I just wanted to use your comment as a spring-board for my rant on "Boring" Seriously, i do not take you as one of those guys wandering around chanting Boring. I can tell you are smarter than that  No worries. Now I should prepare myself as I'm going fishing... it's 2:35 AM here. |
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Litecoin.
Nah, Litecoin is too boring and Charlie Lee didn't gathered 100,000k BTC from a ICO. It also doesn't have fancy graphics, fast transactions and a nice shining logo. It also does not offer anonymity, which is BIG F* MINUS. But hey? You may have some point, becase LITECOIN FUCKING WORKS... AND IT WORKS FOR YEARS NOW....  ..... You are the one who makes me laugh, because you totally missed the irony here... missed it by a 200 million miles... EDIT: And, hey... FAIL is also a currency, and it works for 2.4 years now. If I tip you for your misunderstanding with Litecoin, it would be boring, right? But if I'll do it with FAIL sounds kinda different, don't you agree? You just found one of its uses.  |
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Yeah, they're still traded and have a small fanbase now. The brand is cute.
I think that ours is a bit better.  who is 'we'? edit: failcoin? does it have hash still? Alife and kicking? Wasn't that launched 2 years ago or longer? Don't like to sounds like an advertisement so do your own research if you wish. It wouldn't take you long. EDIT: Yes, about 2.4 years old. |
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Yeah, they're still traded and have a small fanbase now. The brand is cute.
I think that ours is a bit better. |
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@spartak i remember buying piggycoin early when nobody wanted it and it was fresh at market - it lacked the initial pump completely (anomality - but well it was 'piggy'). I still bought it - 5 satoshi
Then came "piggyweek" - i sold for 220
lol, wouldn't have thought a coin named 'piggycoin' nobody wanted would be the winner of the quarter :p
mogreen is in our IRC channel 24/7 and he is a good guy. I am aware about piggy. They actually didn't disappeared and continue to work on the coin. Could you believe this s*it?! |
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Litecoin.
Nah, Litecoin is too boring and Charlie Lee didn't gathered 100,000k BTC from a ICO. It also doesn't have fancy graphics, fast transactions and a nice shining logo. It also does not offer anonymity, which is BIG F* MINUS. But hey? You may have some point, becase LITECOIN FUCKING WORKS... AND IT WORKS FOR YEARS NOW.... |
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Sell what cries 'buy' and buy what's humble. Profit? That's the whole idea and that is how cryptocurrencies should work in a first place. Building things slowly. But forget about this to happen in here, because of the greedy shills, who does not care about what can happen next, they only care what happens now. EDIT: This is what most of the people wants:  What a joke.... (and it was even higher than it is now: https://twitter.com/FAILCommunity/status/748841651104210944) |
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Coming straight from AvtoVAZ. This one does not deserve your time... |
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What was the ICO price? 32-33k satoshi?
They raised 29,634 BTC in return for 85,000,000 Waves, so that's approx. 34,800 Satoshi per Wave. Then it looks pretty bad at the moment. Just looked at the price and it felt under 20k satoshi. |
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Hello,
It appears that multifaucet.tk moved to cryptoguru.tk and FailCoin is no longer listed there. I've had a discussion with GrinZ (the owner) and he told me that 4119 coins are left from the old faucet. Currently I don't have the chance to run the wallet and we agreed for him to send me the coins in a later time. We will make sure to have at least several faucets, but at the moment there is more important work to be finished first.
Cheers,
Spartak
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I think its close to half the ICO price. I'd rather not talk in straight numbers so I can tell you how much of my total cryptoportfolio I invested: 0,5% The way I see it, selling now would mean that you will lose about 30% of your initial "investment". I'm not sure if it is the right thing to do, since WAVES price is now lower than ever. It will take a bit more time for the WAVES team to disappear (if it is a scam), so it's possible the price to have some rebounds. |
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Yeah, that makes it worse. Any startup with more than 1 mill should have a decent PR strategy, or someone who handles it. Anyway, vote pls It will not be fair to give my vote, since I did not really researched WAVES. Why? Because it was everywhere on the forum and I don't like that. What was the ICO price? 32-33k satoshi? EDIT: And how much did you "invested" if its not a problem to share? |
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Now I probably have witnessed the worst communication/PR from any project with more than 1 mill in funding and I'm thinking about cutting my losses.
I think that WAVES gathered more than $20 million from their ICO. |
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Nothing is better than my good old soviet truck ! It's older than me, but still kicking well. It is just undestroyable ! Hehe. This reminds me about this commercial: https://www.youtube.com/watch?v=0VPK0d0THx8P.S. In case you don't know russian: The driver asks: - Guys, is Onguday (a village) far from here? Then the commercial says: "Ural, it can go everywhere". After that the climbers obviously answered him that he is on Himalayas and the driver asks: - Himalayas, what do you mean? Personally I find it hilarious. |
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Yeah, I saw the new thread (though I am not following WAVES). I'm not sure why they locked the thread, but moving the discussion elsewhere didn't do any good for most (if not all) ICO's, crowdsales or whatever.... it has always been proved as a bad sign. If I was dedicated to a project, who gathered millions of $, I would care less about what people are saying in here. |
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Hello, Isaac gave me another example for the FailCommunity's logo, but it was late at night and I was just too tired:  Cheers, Spartak |
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What I don't like is that they locked their thread. There was nothing wrong with the thread while they were gathering funds via crowdsale, right? Move the discussion to another place if you want to, but don't lock the old thread, because of some FUD....
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