Coinbrah (OP)
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Whew
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May 30, 2013, 03:08:37 AM |
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Like, aren't we getting a little exhausted from chasing two coins per day? Is anyone else evening mining these things anymore? Discuss. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fanonymouse.org%2Fcgi-bin%2Fanon-www.cgi%2Fhttp%3A%2F%2Fimg809.imageshack.us%2Fimg809%2F2662%2F1360730240574.png&t=665&c=d2sFJEmRh_mDKg)
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nearmiss
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May 30, 2013, 03:12:08 AM |
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it ends when people stop buying them. So far that hasn't really happened, especially with cryptsy now out there.
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Profit-Switching Pool w/ Vardiff -> http://hashco.ws Optionally keep the alts we mine or auto-trade for BTC. In addition can be paid out in any of: 365, AC, BC, BTC, C2, CINNI, COMM, FAC, HBN, MINT, PMC, QRK, RDD, WC, XBC
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swordfish6975
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May 30, 2013, 03:20:59 AM |
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It ends when people don't care anymore....
I predict a week from this post
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Coinbrah (OP)
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Whew
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May 30, 2013, 03:21:55 AM |
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I really can't even tell which coin is the newest anymore. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fimg442.imageshack.us%2Fimg442%2F917%2F1368292830086.png&t=665&c=eNi3JFcVN6D2sA)
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RyNinDaCleM
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Legen -wait for it- dary
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May 30, 2013, 03:29:27 AM |
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Back in '11, we saw the same thing though not nearly on the scale as we are now. It will pass, and every released coin just dilutes the "get rich quick" mentality that drives these new coins.
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bitcoiners
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May 30, 2013, 03:34:12 AM |
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@op.
It won't. As long as people can make money on releasing a new coin every single day, nothing will change. Too many idiots going around.
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cebb
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May 30, 2013, 03:46:43 AM |
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@op.
It won't. As long as people can make money on releasing a new coin every single day, nothing will change. Too many idiots going around.
But people can't make money if coins are announced at this rate. From a small miner's perspective (1 MH/S) : 5 weeks: FTC was very profitable 4 Weeks: CNC was profitable 3 weeks: YAC was mildly profitable 1 week: Digicoin was barely profitable 1 Day: Fastcoin = ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Not sure if the latest announced fastcoin will be even worth the electricity i am spending!! I am saying NO to any more alt coins mining unless there are some serious innovations in the coin.
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Peter Lambert
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May 30, 2013, 03:48:12 AM |
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it ends when people stop buying them. So far that hasn't really happened, especially with cryptsy now out there.
You mean people are actually buying these crap coins? I guess there are people willing to gamble on anything. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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Use CoinBR to trade bitcoin stocks: CoinBR.comThe best place for betting with bitcoin: BitBet.us
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thisnewcoin
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Convert Crypto at BestChange
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May 30, 2013, 03:49:22 AM |
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lol, you think CNC, YAC, FTC, DGC etc are not junks? they are exactly the same as others we see today created, be it the AMC, USC, FST, etc etc, they are exactly the same!
As long as people want these junks, I don't see an end, and I don't see why we want to blame these dev at all.
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mika1977
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May 30, 2013, 03:49:49 AM |
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I say no too, enough with all BS every day, going to mine only and only btc.
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KrLos
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May 30, 2013, 03:50:20 AM |
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i was thinking the same, i stopped at YAC, i'm done now with these alts
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baconcooledcomputer
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May 30, 2013, 05:16:17 AM |
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i was thinking the same, i stopped at YAC, i'm done now with these alts
Same. Looks like YAC was also pumped and dumped pretty hard, even being a CPU-only coin.
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fendlestick
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May 30, 2013, 05:19:59 AM |
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I went back to the BTCe coins after my DGC dump order filled. To much risk of wasted mining time.
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hammz
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May 30, 2013, 05:22:30 AM |
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news is all penny stocks will soon be banned from the stock market, because it was just too annoying for some people...quote: screw them, and their business, says the uber supreme overlords of all that can exist in the universe, if we don't totally likes it, and shiz, it shall not pass... /quote ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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CanadianGuy
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May 30, 2013, 05:23:21 AM |
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its less productive than a bottle cap collection
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qwerty1231121
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May 30, 2013, 06:15:16 AM |
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There are no coin that's truely innovative. Wonder who's actually buying the junk coins. Especially the ones who buys so early at such a high price.
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Artyom
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May 30, 2013, 06:34:59 AM |
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CNC, YAC, FTC, DGC
The names of all these junk coins remind me names of graffiti crews.
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whitedragon
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May 30, 2013, 07:29:42 AM |
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I've said a few times that chasing these new coins or whichever coin is "King of the Day" on coinchoose is a waste of time. My primary interest in crypto is mining (though I'm not a big time miner)...but I have stopped checking for new coin releases and even stopped checking coinchoose. The last new coin launch I bothered to mine was Nibble, because I thought it was a fair launch and the coin has more potential than most of the others. Other than some part time Nibble mining I stick to Novacoin (difficulty isn't astronomical and stable price) or Litecoin.
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fendlestick
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May 30, 2013, 08:35:17 AM |
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Gotta agree NVC is looking good to mine.
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joele
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May 30, 2013, 08:39:45 AM |
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The good thing here is it divide the hashing power of all miners.
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