Rate of New Cryptos being released

[smoothie]

I think we can beat the current daily records of new Crypto coins being created.

Let's shoot for 10 new cryptos per day okay?


.....

For those of you that have not noticed yet, the recent string of new crypto coins are simply 1 thing and 1 thing only:

Pump and Dump schemes

Take your profits while you still can.

I'm not against experimenting with new coins but to simply copy paste and really make no real changes aside from coin amount and difficulty adjustment periods does not add any value.

[master-P]

The pump and dump of these recent clones is fast coming to an end I think. I'm dumping all my alts for BTC and LTC today.

[shakezula]

Im still waiting for the comprehensive guide...

[blastbob]

What about the rate of new threads?

[smoothie]

What about the rate of new threads?

My new thread here adds more value than FTC, CHN, TRC, NVC, BTE, RoyalCoin, FRANKO, etc....combined.

[blastbob]

What about the rate of new threads?

My new thread here adds more value than FTC, CHN, TRC, NVC, BTE, RoyalCoin, FRANKO, etc....combined.

You got a point

[Mhash pipe]

Now to be serious... the only ones holding the bag with these crappier and crappier coins are the people who mine them thinking that there are still idiots that are going to give away their btcs on a sketchy chinese exchange for a new coin that is guaranteed to lose at least 50% value within 12 hours. Call it lost opportunity mining something of actual value. Distraction coins if you will...

[smoothie]

What about the rate of new threads?

My new thread here adds more value than FTC, CHN, TRC, NVC, BTE, RoyalCoin, FRANKO, etc....combined.

You got a point

 

[smoothie]

Now to be serious... the only ones holding the bag with these crappier and crappier coins are the people who mine them thinking that there are still idiots that are going to give away their btcs on a sketchy chinese exchange for a new coin that is guaranteed to lose at least 500% value within 12 hours. Call it lost opportunity mining something of actual value. Distraction coins if you will...

Wrong. Those who buy them with BTC hold them too. Check your facts again.

[kooke]

My new thread here adds more value than FTC, CHN, TRC, NVC, BTE, RoyalCoin, FRANKO, etc....combined.

Lot's of people have been saying this ever since BTE was released on April fools. You're just stating the obvious

You have more posts though, so maybe more people will listen to you

[Mhash pipe]

I'm saying whose dumb enough to fall for this shit over and over again... maybe other miners?

[smoothie]

My new thread here adds more value than FTC, CHN, TRC, NVC, BTE, RoyalCoin, FRANKO, etc....combined.

Lot's of people have been saying this ever since BTE was released on April fools. You're just stating the obvious

You have more posts though, so maybe more people will listen to you

Lot's of people have been saying this since August of 2011. So i'll up you on that one.

Yes stating the obvious for you may not be obvious for others. So let's not assume you are the entire world okay?

Yes I have in the past had an affect on what people think about a crypto coin. I've been quite spot on with most of my comments about copy-paste-crypto.

[YipYip]

My new thread here adds more value than FTC, CHN, TRC, NVC, BTE, RoyalCoin, FRANKO, etc....combined.

Lot's of people have been saying this ever since BTE was released on April fools. You're just stating the obvious

You have more posts though, so maybe more people will listen to you

Lot's of people have been saying this since August of 2011. So i'll up you on that one.

Yes stating the obvious for you may not be obvious for others. So let's not assume you are the entire world okay?

Yes I have in the past had an affect on what people think about a crypto coin. I've been quite spot on with most of my comments about copy-paste-crypto.

Honestly this copy paste bullshit is ALMOST enough to close open source...in the past there was actual real effort involved in the creation of a new coin.....look at tacotimes (MNC/Netcoins) this is what is supposed to be taking place to create a new coin

Not "Me press d/l button" ..... "Me typing buttons".....  "Me release new coin "

it is getting really boring......yawn

[BrewCrewFan]

You need the easy "garbage"coins to keep the new people coming in.

On the other hand, you have idiots that megafarm these coins right off the bat and in turn make them too hard for noobs to get into it because the dif is way up there withen hours.... so the returns on them are next to nothing and then turning off the new users.

Look, if you people truely want cryptos to be the next best thing to paper money, you need the noobs to come here and mine and then they in turn get the friends into it and the community grows and then the companies start taking notice.

To be honest, if it was not for BQC when I first started I would have walked away myself. Too bad I was only able to get over 1k worth in mining in 2 weeks because even that took some time to get used to setting up.

What keeps people interested? Money. Bottom line. If you can make a few bucks here and there... that will keep the interest going.

[oroqen]

You need the easy "garbage"coins to keep the new people coming in.

On the other hand, you have idiots that megafarm these coins right off the bat and in turn make them too hard for noobs to get into it because the dif is way up there withen hours.... so the returns on them are next to nothing and then turning off the new users.

Look, if you people truely want cryptos to be the next best thing to paper money, you need the noobs to come here and mine and then they in turn get the friends into it and the community grows and then the companies start taking notice.

To be honest, if it was not for BQC when I first started I would have walked away myself. Too bad I was only able to get over 1k worth in mining in 2 weeks because even that took some time to get used to setting up.

What keeps people interested? Money. Bottom line. If you can make a few bucks here and there... that will keep the interest going.

Most sane post I've read all day.

[BrewCrewFan]

You need the easy "garbage"coins to keep the new people coming in.

On the other hand, you have idiots that megafarm these coins right off the bat and in turn make them too hard for noobs to get into it because the dif is way up there withen hours.... so the returns on them are next to nothing and then turning off the new users.

Look, if you people truely want cryptos to be the next best thing to paper money, you need the noobs to come here and mine and then they in turn get the friends into it and the community grows and then the companies start taking notice.

To be honest, if it was not for BQC when I first started I would have walked away myself. Too bad I was only able to get over 1k worth in mining in 2 weeks because even that took some time to get used to setting up.

What keeps people interested? Money. Bottom line. If you can make a few bucks here and there... that will keep the interest going.

Most sane post I've read all day.

Well its true.

The prospects of making some money doing something as simple as learning how to put in a little code line for configuring... and then letting your client run while your doing whatever you do on the computer is jackpot for the crypto community.

On the other hand, without the other coins out there right now, your chances on earning anything is next to nill unless you got a great computer. How many people you know are running multiple GPUs in a basic home computer? Hell, you cant get much with a 7750 or a 450 mining BTC or LTC... maybe after a few weeks you can get something together... but in reality the attention span of most people is very short and unless they start seeing results rather quickly they will just lose interest and move on.

Also, I do agree that a good chunk of the alt coins may be garbage. The market will decide which one stay and which ones die off. You will get the few new coins that will take the right steps and bring something new to the table. Stuff like this will not happen over night or even in a month or 2.... but it WILL happen if there is enough interest out there for the coins.

[YipYip]

You need the easy "garbage"coins to keep the new people coming in.

On the other hand, you have idiots that megafarm these coins right off the bat and in turn make them too hard for noobs to get into it because the dif is way up there withen hours.... so the returns on them are next to nothing and then turning off the new users.

Look, if you people truely want cryptos to be the next best thing to paper money, you need the noobs to come here and mine and then they in turn get the friends into it and the community grows and then the companies start taking notice.

To be honest, if it was not for BQC when I first started I would have walked away myself. Too bad I was only able to get over 1k worth in mining in 2 weeks because even that took some time to get used to setting up.

What keeps people interested? Money. Bottom line. If you can make a few bucks here and there... that will keep the interest going.

So u are good with the current rate of 14 coins in a week ?

I am all for fresh blood but this is bullshit !!!

Why dont we all create a coin each "YipYip" coins ..,.YAY ..free give aways...("No trojans or coin stealers honest") ..better than all the rest as it adds the
word "YipYip" to the community

All the fresh blood is after get rich quick schemes PLAIN AND SIMPLE ...mining is hard hard work for ~5-10% ROI per month

Winter is coming and it will sort the wheat from the hay........ So sure there is something in it for everyone but u have to work for it (this is lifes lesson in general) ..not the ability to use a text editor on 3 lines of code...

We dont really need a fresh batch of scammers and GetrichFever types (we already have enough of those ...lol )

There is more to crypto than new coins & how much can I make in 2 days 

[Mhash pipe]

And the irony is that bitcoin was created as a way to avoid greed

[kooke]

It's not just about the pump and dump aspect, there is another angle to it

You may not know this, but these new coins are very profitable for scammers, since the only way to trade them when they first come out is on forum posts or spreadsheet exchanges. Once the coin has hit an exchange, those 'trade scammers' move onto the next coin. The mods are usually too busy to investigate the scammers so they keep scamming over and over on the same account, sometimes pulling in several $1000s worth of BTC or LTC a day.

Take this crook for example: https://bitcointalk.org/index.php?topic=202292

He was a big proponent of YAC: Here and here

He was a scammer and an even bigger YAC shill. Very few people paid attention to the scam accusations thrown at him and called me a retard (and a YAC-hater ) when I first pointed it out. Some people even sent me PMs cursing me for spreading FUDge The only reason people finally paid attention to his scamming was because I started hitting every YAC thread with scam accusations (which I later removed) this morning and he broke under the pressure. It may not seem like he scammed much (I'd estimate between 15-25 BTC on that account), but you have to remember that is likely only one of his many accounts.

[BrewCrewFan]

You need the easy "garbage"coins to keep the new people coming in.

On the other hand, you have idiots that megafarm these coins right off the bat and in turn make them too hard for noobs to get into it because the dif is way up there withen hours.... so the returns on them are next to nothing and then turning off the new users.

Look, if you people truely want cryptos to be the next best thing to paper money, you need the noobs to come here and mine and then they in turn get the friends into it and the community grows and then the companies start taking notice.

To be honest, if it was not for BQC when I first started I would have walked away myself. Too bad I was only able to get over 1k worth in mining in 2 weeks because even that took some time to get used to setting up.

What keeps people interested? Money. Bottom line. If you can make a few bucks here and there... that will keep the interest going.

So u are good with the current rate of 14 coins in a week ?

I am all for fresh blood but this is bullshit !!!

Why dont we all create a coin each "YipYip" coins ..,.YAY ..free give aways...("No trojans or coin stealers honest") ..better than all the rest as it adds the
word "YipYip" to the community

All the fresh blood is after get rich quick schemes PLAIN AND SIMPLE ...mining is hard hard work for ~5-10% ROI per month

Winter is coming and it will sort the wheat from the hay........ So sure there is something in it for everyone but u have to work for it (this is lifes lesson in general) ..not the ability to use a text editor on 3 lines of code...

We dont really need a fresh batch of scammers and GetrichFever types (we already have enough of those ...lol )

There is more to crypto than new coins & how much can I make in 2 days  

Well the scam part is another discussion for another day.

Get rich quick? Not likely. I run nvidia. Wanna know how many BQC I can mine? With 2 nvidia cards at the current dif I get around 100 coins a day if I am lucky. Sure a ATI card could get more but not many. Thats a buck twenty seven for me a day. That is at 2.xxx...

You go on about working at it... how hard do you? You do the same thing as I said, plug in a code for a .conf and .bat and you mine. What kind of hash power you have? Its all the same amount of work for everyone ... its a matter of how much power you can point to whatever coin you want and the dif its at.

Money talks bud. Thats reality. Want new people, need to dangle that out there to them. Let em get the taste...