Rate of New Cryptos being released

[BrewCrewFan]

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.

Your going to have that in every aspect of life though... outside of crypto. Heck look into your spam folder in your email account I am sure you will find one or 2 a day.

The only way you can combat this is by educating newbs on such things. You teach a few they in turn each teach a few themselves and it builds. Kinda like those "I am you long lost aunt in Nigeria with 2 gazzillion USD " scams... people use to fall for those all the time way back when... but now not as many... We as a community need to take control. More than just screaming " SCAM!!!! PREMINE!!!!" garbage too.

Anyways off to do some food shopping brb... of course at walmart LOL

[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  

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...

Honestly noob ...shut the fuck up and crawl back down the hole u came out of

I have been btcfever 2-5 hours every day 50k invested and over 200 hours of code time for the last 6 months

SO dont speak of what u have no idea about...this is what u think crypto is running a fucking bat file....i rest my case !

[Twerka]

Best to worst:

FeatherCoin
RoyalCoin
ChinaCoin
JunkCoin
MinCoin
YaCoin
BitBar

[defaced]

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.

+1 Exactly.

[YipYip]

Best to worst:

FeatherCoin
RoyalCoin
ChinaCoin
JunkCoin
MinCoin
YaCoin
BitBar

Agreed Feathercoin had a community feel to it ...but since then its been allllllllllllll bad ...very bad ...YaCoin was the real low point and then it went worse

Now Franko,indian where does this crapola end

[markm]

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.

WIth just one 5870 you can snap up a nice bunch of GRouPcoin, I0Coin, CoiLedCoin, and GeistGeld all at once, while paying the electricity and slowly paying for the hardware, using p2pool so you get fractions of bitcoins to pay the electricity and eventually hardware while merged-mining just these easiest four of the merged-mined coins since the chance of happening upon a block of namecoin, ixcoin or devcoin is admittedly a crapshoot.

Groupcoin difficulty is actually up in the hundreds now so even skip them if you like, the rest though are really really easy.

Plus, whether or not you have any GPU at all, you can also rake in CPU coins all day long with just a CPU. (Tenebrix and Fairbrix...)

(Not long ago you could rake in BBQcoin with your CPU too, but maybe you missed that boat. Don't miss out on Tenebrix and Fairbrix too!)

-MarkM-

[Hydroponica]

I have to admit though, Yacoin did make me some nice $$

[YipYip]

I have to admit though, Yacoin did make me some nice $$

I am happy for u ..what has it added in real terms

Nothing....

I think I am going to leave the forums for awhile so all the noobs can fight it out with there 30 new coins and ripping each other off

Good luck with that...lol

[smoothie]

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

Now that is what Ponzi operators say "we need new suckers to pay off the old suckers".

Probably one of the dumbest statements I've heard on this subforum. Classic.

[Liquid]

u forgot gamecoin lol

[smoothie]

I'm actually disappointed I was expecting like 15 new crypto coins created...

SlappyCoin
StupidCoin
StinkyCoin
ShittyCoin
ShatzyCoin
ShillCoin
ShowerCoin

and my favorite:

MineMyShittyCoinSoICanGetRichOffOfYouSuckersHaHaHaLOLzROFLOMGLAWLCoin


Come on guys I am giving you my hard work in the names I come up with. That essentially is the part of the crypt coin release that takes the most time and effort.

Don't disappoint me.  

[deac]

I think hype is slowing down for now. So many new "investors" burned their hands with FTC and CNC when they hit btc-e. These new coins keep coming as long as people are ready to pay for them and soon nobody will.