alt coin rise?

[NorrisK]

Is it me or are a lot of the "old" altcoins starting to rise? A lot of coins have risen 400% in the past month.

What is the reason? Speculators expecting a pump coming to their coin?

Or are we going to see a repeat of January 2014? The rise of altcoins v2?

[chennan]

Some ppl are pumping up them insanely! It will not last long!So it is a good time to unload your altcoin holding!

[Piston Honda]

As the scamcoin devs slowed down their crap from feb-may, now whales/manipulators are going back to "older" coins for summertime (after they accumulated some with their spare btc).  thus, now they can easily pump though and put higher sells so all us "regular" ppl will buy at inflated prices.  if you have some low or get in before the dump, good for you - otherwise be carefulllll.  i'm sure we'll see a bunch of ninja scam coin releases when sept-early dec rolls around.  you will see.

[tyz]

The overall trend over the last weeks was a rise of the altcoin market. Some coins revived like Qora, NAS or Mintcoin. They seemed all dead because the developers were gone (Qora, NAS) or the community interest (Mintcoin) was very low. But this changed and the price rose.

[YarkoL]

I've noted something like that too.

Have to wonder if the heated debate over Bitcoin's future
direction and ensuing fear of BTC devaluing as a result of possible
split in development has caused some of the speculators to
turn to altcoin world.

[fartbags]

XCP counterparty is looking pretty good right now to accumulate.

Anyone else have tips on some good older coins with public devs that are at record lows?

[rokkyroad]

As the scamcoin devs slowed down their crap from feb-may, now whales/manipulators are going back to "older" coins for summertime (after they accumulated some with their spare btc).  thus, now they can easily pump though and put higher sells so all us "regular" ppl will buy at inflated prices.  if you have some low or get in before the dump, good for you - otherwise be carefulllll.  i'm sure we'll see a bunch of ninja scam coin releases when sept-early dec rolls around.  you will see.

This is very true. Also people have lost interest in buying new scamcoins. Since the whales and developers cannot generate enough interest in the scam coin of the day, they moved to old coins which they were able to pick up at bargain basement prices over the last year or so.

I think we are seeing the decline of altcoins. I'm getting more notices from exchanges about delisted coins and some are the older coins.

Let's face it, altcoins are not moving towards real world usage. In fact, we hear very little about it from coin communities and developers. Even btc is struggling.

I'm sure there will be a some winners in the future but which will survive to become viable currencies is the million dollar question. Right now its looking grim.

Trading has become a joke and a good way to lose money for the less informed.

[MicroGuy]

Is it me or are a lot of the "old" altcoins starting to rise? A lot of coins have risen 400% in the past month.

What is the reason? Speculators expecting a pump coming to their coin?

Or are we going to see a repeat of January 2014? The rise of altcoins v2?

I think investors are beginning to understand the value of longevity.

A cryptocurrency that's been able to survive these stormy seas for 2 years is more likely to continue along its journey.

[benthach]

new coins are scam coins, old coins which survived are here to stay.

a) new coins = 99% are scam and you lose money - disappeared forever
b) old coins = 50% pump and dump / dump and pump - here to stay

you choose one to play

all the crypto know how devs are already out with a coin long ago
these new devs and new coins are scammer and get rich quick kids living under their parent basement.

this dev don't even know what is the different between a pos/pow/premined/ico coin
https://bitcointalk.org/index.php?topic=1077358.msg11506225

[fartbags]

new coins are scam coins, old coins which survived are here to stay.

a) new coins = 99% are scam and you lose money - disappeared forever
b) old coins = 50% pump and dump / dump and pump - here to stay

you choose one to play

all the crypto know how devs are already out with a coin long ago
these new devs and new coins are scammer and get rich quick kids living under their parent basement.

this dev don't even know what is the different between a pos/pow/premined/ico coin
https://bitcointalk.org/index.php?topic=1077358.msg11506225

What about the kid & friends in his basement who make the next big thing? I'm still willing to take a chance on an altcoin, new or old.

[sdmathis]

new coins are scam coins, old coins which survived are here to stay.

a) new coins = 99% are scam and you lose money - disappeared forever
b) old coins = 50% pump and dump / dump and pump - here to stay

you choose one to play

all the crypto know how devs are already out with a coin long ago
these new devs and new coins are scammer and get rich quick kids living under their parent basement.

this dev don't even know what is the different between a pos/pow/premined/ico coin
https://bitcointalk.org/index.php?topic=1077358.msg11506225

That's not a real dev, but really seems to want to be. The only way he's ever going to be the "dev" of any coin is if he hires someone to clone it for him.

[benthach]

new coins are scam coins, old coins which survived are here to stay.

a) new coins = 99% are scam and you lose money - disappeared forever
b) old coins = 50% pump and dump / dump and pump - here to stay

you choose one to play

all the crypto know how devs are already out with a coin long ago
these new devs and new coins are scammer and get rich quick kids living under their parent basement.

this dev don't even know what is the different between a pos/pow/premined/ico coin
https://bitcointalk.org/index.php?topic=1077358.msg11506225

What about the kid & friends in his basement who make the next big thing? I'm still willing to take a chance on an altcoin, new or old.

yes, but it would take them years to learn and make it happen

[vaporware asset wizard]

Is it me or are a lot of the "old" altcoins starting to rise? A lot of coins have risen 400% in the past month.

What is the reason? Speculators expecting a pump coming to their coin?

Or are we going to see a repeat of January 2014? The rise of altcoins v2?

I think investors are beginning to understand the value of longevity.

A cryptocurrency that's been able to survive these stormy seas for 2 years is more likely to continue along its journey.

and a high fibre diet creates floating turds ... longevity is important though, and the actual cost of keeping a coin chain alive is really quite small in $$ terms, and the potential P&D gain is enormous from claiming "look this coin is 2 years old now, wow, it must be legit!!"

keeping turds floating is quite profitable for those willing to jump into the toilet

[BitmoreCoin]

Old coins have more user base. It can be accumulated for long term and for larger sum. Most those coins will be dumped again.

[vanobe]

Is it me or are a lot of the "old" altcoins starting to rise? A lot of coins have risen 400% in the past month.

What is the reason? Speculators expecting a pump coming to their coin?

Or are we going to see a repeat of January 2014? The rise of altcoins v2?

I think investors are beginning to understand the value of longevity.

A cryptocurrency that's been able to survive these stormy seas for 2 years is more likely to continue along its journey.

and a high fibre diet creates floating turds ... longevity is important though, and the actual cost of keeping a coin chain alive is really quite small in $$ terms, and the potential P&D gain is enormous from claiming "look this coin is 2 years old now, wow, it must be legit!!"

keeping turds floating is quite profitable for those willing to jump into the toilet

If you read the announcement threads for some of those "2 year old" coins you sometimes find massive gaps where nobody posted for months on end. Often there are no nodes and no blocks have been mined for months either. Sometimes a coin only comes back to life after someone starts pumping it, but it's still claimed to be "2 year old" when it's really been dead for the previous six months.

[tyz]

Well thats a good point.

I also think that the rise of alts have something to do with the Euro crisis and the probable Grexit of Greece.

Is it me or are a lot of the "old" altcoins starting to rise? A lot of coins have risen 400% in the past month.

What is the reason? Speculators expecting a pump coming to their coin?

Or are we going to see a repeat of January 2014? The rise of altcoins v2?

I think investors are beginning to understand the value of longevity.

A cryptocurrency that's been able to survive these stormy seas for 2 years is more likely to continue along its journey.

[d5000]

If it's true (I have not made the analysis necessary to confirm it) it may be the first indicator of a general crypto bubble. In August-September 2013, altcoins began to rise, when Bitcoin was moving sideways in the $150 region. About a month later, Bitcoin began to rise too ... and altcoins even further. History may repeat itself ... or not.

[NorrisK]

If it's true (I have not made the analysis necessary to confirm it) it may be the first indicator of a general crypto bubble. In August-September 2013, altcoins began to rise, when Bitcoin was moving sideways in the $150 region. About a month later, Bitcoin began to rise too ... and altcoins even further. History may repeat itself ... or not.

This is the general feeling i'm getting at the moment. It doesnt seem to be only "pumped" coins that start rising, but many coins in general see their value increase. Lets hope this is the case!

[Netnox]

If it's true (I have not made the analysis necessary to confirm it) it may be the first indicator of a general crypto bubble. In August-September 2013, altcoins began to rise, when Bitcoin was moving sideways in the $150 region. About a month later, Bitcoin began to rise too ... and altcoins even further. History may repeat itself ... or not.

Bitcoin rised because of mtgox fuck ups and their willy bot, it was pure artificial. Not sure if such scenario will happen again, only way for such jumps is bitcoin going pretty much mainstream and i think this will happen and its price will be much more than the previous ATH, although there are/will be cryptos offering a nice market which bitcoin doesn't offer and those ones will rise big aswell. Overall the future is bright.

[Zetacoin Express]

Bitcoin rised because of mtgox fuck ups and their willy bot, it was pure artificial.

The value of a Bitcoin never really was $1000+
The current price of 220-230 seems to be correct.

It hasn't moved in months and has been rather boring to watch.  So investors are moving back to altcoins where prices move up and down faster and wider.