"Scam" coins, Pump and Dump

[fishy]

Everybody here is complaining about ten new coins coming out each day.
If it's really so easy, is there a guide somewhere?  I want to get rich! 

[kelsey]

Well yes its 'that' easy, but now diminishing returns as these pump n dump scam coins have saturated the market 

[extortion]

i am here with purely good intentions.

[AquaMan]

If you can code a coin you can pump and dump one if you put effort into it, newbies fall for all these new alts all the time. There are very few good ones though, PXC is a good one, and is still cheap, and there is a couple more, other than that, they are all junk...

[Xanthe]

Everybody here is complaining about ten new coins coming out each day.
If it's really so easy, is there a guide somewhere?  I want to get rich! 

You know the saying "There's an app for that"?

Well, there is indeed a guide for that!

See here: https://bitcointalk.org/index.php?topic=217636.0

[litecoin_messiah]

pretty easy, i';m thinking of making an automated scam coin generator

[fishy]

Everybody here is complaining about ten new coins coming out each day.
If it's really so easy, is there a guide somewhere?  I want to get rich! 

You know the saying "There's an app for that"?

Well, there is indeed a guide for that!

See here: https://bitcointalk.org/index.php?topic=217636.0

Thanks, get ready for Fishycoin everyone!

[litecoin_messiah]

yeah make sure you have good connects with exchanges and all though

[fishy]

yeah make sure you have good connects with exchanges and all though

just joking 

[Buffer Overflow]

Everybody here is complaining about ten new coins coming out each day.
If it's really so easy, is there a guide somewhere?  I want to get rich! 

What do you class as rich?

[CrypTrader]

Definitely don't invest any money into a new coin unless you think it has a good reason to exist. If its simply a copy of another coin with one or two settings changed, then its most likely a "scam" coin which will most likely never have any value in the long run.

If you wanna 'get rich from launching a coin', then implement a new feature and innovate, if you have enough knowledge to launch a coin, spend just a little more time to try and do something new/different. At this point all the copy cats have had their day if you ask me, I don't think we will see too many more 'junk coins' take off in the near future.

[ncr1pt0r]

best to invest in a coin that has a good dev team. innovation may follow if not present at launch.

[kodo]

You guys need to stop buying into these new alt coins and they wouldnt keep sprouting up.

[GpuJedi]

Yes thats true. But some coins have a really great potential, like DGC.

[PeterB]

Lol, good luck!

[fishy]

Definitely don't invest any money into a new coin unless you think it has a good reason to exist. If its simply a copy of another coin with one or two settings changed, then its most likely a "scam" coin which will most likely never have any value in the long run.

If you wanna 'get rich from launching a coin', then implement a new feature and innovate, if you have enough knowledge to launch a coin, spend just a little more time to try and do something new/different. At this point all the copy cats have had their day if you ask me, I don't think we will see too many more 'junk coins' take off in the near future.

If I made another "Ripple" type coin, would that be able to make money?
I would make it open source, etc. so it will not be a scam.

[BitshireHashaway]

Go for the gold, with Goldcoin (GLD)! 

+1

[fishy]

Go for the gold, with Goldcoin (GLD)! 

+1

Bitshire Hathaway?
Can I invest in you?

[Ivqle]

Definitely don't invest any money into a new coin unless you think it has a good reason to exist. If its simply a copy of another coin with one or two settings changed, then its most likely a "scam" coin which will most likely never have any value in the long run.

If you wanna 'get rich from launching a coin', then implement a new feature and innovate, if you have enough knowledge to launch a coin, spend just a little more time to try and do something new/different. At this point all the copy cats have had their day if you ask me, I don't think we will see too many more 'junk coins' take off in the near future.

If I made another "Ripple" type coin, would that be able to make money?
I would make it open source, etc. so it will not be a scam.

It has to be Open Source Coin and make the difficulty lower ...

[iram9030]

Go for PowerCoin it has real innovations and would be promoted to the masses soon. If you want longterm coins not pump and dump go for PowerCoin.