Genesis

[codegnome]

Calling for an end to this ponzi altcoin thing,

and a return to sanity

This is the second post with the same topic from you - stop spamming. If people want to know alt coin trends they can look at the historical charts. Your attempts at price manipulation is pathetic at best.

I was an outspoken advocate of the opportunities to invest in the altcoins back in the spring.

That was then, and this is now. You can read all of my past posts, if you doubt me.

And I encountered alot of filthy, foul mouthed, extremely rude people on these forums, who were extremely

pessimistic at the time.

But had they listend to me, and acted, then perhaps they are wealthy now.

But now I am telling you, that the altcoins are overpriced, and I am getting flak from you?

You are certainly entitled to express your opinion, just keep it in one topic is all I am saying.

[suchnoob]

No coming from someone who doesn't have to justify his actions by hiding behind God. By doing that you're worse than us heathens and non-believers you like to call us.

Now sincerely, get the fuck out of here, if all you have to do is spread filth.

[SpeedDemon13]

I'm Christian. You have to remember, the eye for eye was before he came to earth. Jesus did change some rules put in the old testament, if you study the bible. It's a sin to judge and persecute people. But let's not let this be a religious and/or ethics topic, please stay on topic and provide evidence claiming you assumption is truth or something close to it.

You misunderstand Jesus Christ.

Jesus did not change any rules at all.

The law remains the same as the law always was.


GOD NEVER CHANGES

Jesus saved us from sin with his own life. If you read the old testament, if you weren't a Jew, you go to hell regardless. Jesus went to hell to save us non-Jews. What's not to understand. Please don't insult my believes as I haven't did yours. You have the right to believe the way you want about God and I'll respect that. Let's not touch religion from now on and in the future. Please stay on topic.

[TBCM]

For God's sake people,

DON'T FEED THE TROLL

Bury this thread.

[SpeedDemon13]

For God's sake people,

DON'T FEED THE TROLL

Bury this thread.

This topic needs to be closed, if this continue like this and if nothing positive is gained from it. Arguments are fine, if they are constructive, at this rate, it is not.

[Real1Guy]

Holy wow OP, your feedback section is acidic.

I speak my mind at times. Not like the plastic false alts that some of you create on these forums.

No, I presented myself as a real person at times.


ALT COIN CRASH IS COMING IN JANUARY
 

ALT COINS CRASHING BUT YOUR MAMA IS SMASHING

REPORT THE PIG SCRAMAR-TROLL FOOL!

[MrClemenzo]

just_me:

[matt608]

I hate to say it but I have some level of agreement with the OP about there being a coming alt coin crash.  IMO pretty much all of the alts are in a huge bubble, we don't seriously think these clones will ever rival bitcoin.  As people have said its the greater fool theory in action.  It's not exactly the same with all alts though, some do offer 'innovation' or at least, changes to bitcoin.  When bitcon gets on its next big move up some time next year there will be a big altcoin crash as everyone dumps their alts to get back on the 'real' crypto.  After that the alts will rise again.

[Real1Guy]

YOUR MAMA IS SMAAAAAASHING

[SpeedDemon13]

I'm Christian. You have to remember, the eye for eye was before he came to earth. Jesus did change some rules put in the old testament, if you study the bible. It's a sin to judge and persecute people. But let's not let this be a religious and/or ethics topic, please stay on topic and provide evidence claiming you assumption is truth or something close to it.

You misunderstand Jesus Christ.

Jesus did not change any rules at all.

The law remains the same as the law always was.


GOD NEVER CHANGES

Jesus saved us from sin with his own life. If you read the old testament, if you weren't a Jew, you go to hell regardless. Jesus went to hell to save us non-Jews. What's not to understand. Please don't insult my believes as I haven't did yours. You have the right to believe the way you want about God and I'll respect that. Let's not touch religion from now on and in the future. Please stay on topic.

Read my sig. and look to the left at what I wrote there.

What does that have to do with the topic? I keep getting away from religion and you keep bring it back. Please stop with instigation, if you think you so proper and perfect, then just keep thinking that and let it be. I don't think anyone is less or better than me, may it be a homeless person or a famous rich person, a person is a person. I'll respect you, but you have to respect me that I'm not purposely trying to attack or insult you.

Now, back to the topic. Where are these trends and evidence of selling Alt needs to be done now? Links and charts would be nice to provide please.

[Bigeyeone]

"WHAT GOES UP MUST COME DOWN"

True as long as you don't go into a high enough earth orbit

[SpeedDemon13]

I hate to say it but I have some level of agreement with the OP about there being a coming alt coin crash.  IMO pretty much all of the alts are in a huge bubble, we don't seriously think these clones will ever rival bitcoin.  As people have said its the greater fool theory in action.  It's not exactly the same with all alts though, some do offer 'innovation' or at least, changes to bitcoin.  When bitcon gets on its next big move up some time next year there will be a big altcoin crash as everyone dumps their alts to get back on the 'real' crypto.  After that the alts will rise again.

Alts original intent wasn't to rival Bitcoin, but to give late adopters a chance at digital mining and/or investment. Also, to improve upon Bitcoin's technology and services, in theory. Actually use digital currency for services and products, ie. overstock.com in six months. BTC, LTC, DOGE, etc; all digital currency is volatile and subject to rise and falls, just like the stock market. Speculation drives both stock market and digital currency.

[occham]

There's nothing more lonely than a town with one lawyer.  A one horse race is pretty dull too.  Iphones may be dominant but ask Samsung if there's isn't a fair bit of money made being 'second best'.


Innovation cannot exist if there's only one option.  Why?  Businesses will not invest resources into a technology that they cannot, in some way, get around if it goes bad.  Companies are inherently conservative and no CEO worth 2 cents would commit to a technology knowing there wasn't another option somewhere.

The alt-coin market is flooded with crap.  That crap will die.  The bubble WILL pop in that regard.  But some of the options will survive or else the entire cryptocoin market collapses.  Capitalism works BEST when there are many options.  It works worst when there is only one.

[Viperbass]

The one alt coin that is going to surprise us next year is Dogecoin, there is a whole bunch of services coming online within a month including Doge Road, once that happens it will be the 2nd most useful coin on the market.

I do agree that there is too many alt coins without a use besides being a alt coin for early adopters to make money off.

[rix5]

prices were ridicules a while back. Now it is ok. Some coins like xpm, ppc, nmc, uno, cgb and others can easyly see 500% gains and more just in the next months. This is crypto. Good crypto is not cheap. Why should it be? I think prices are right atm. There is a lot of space for growth still. You think LTC will go back to 5$? Sorry. Won't happen.

[Protoverse]

Even if Alts crash, they'll just go back up. I hate to break this to you OP, but Altcoins will always have a value as long as people trade in Bitcoin or even national currencies.

Wish I could help you, man. You seem pretty bitter.

[romerun]

Question is when. I want them dead, but they refuse, I have no choice but to join the club.

[Viperbass]

There's nothing more lonely than a town with one lawyer.  A one horse race is pretty dull too.  Iphones may be dominant but ask Samsung if there's isn't a fair bit of money made being 'second best'.


Innovation cannot exist if there's only one option.  Why?  Businesses will not invest resources into a technology that they cannot, in some way, get around if it goes bad.  Companies are inherently conservative and no CEO worth 2 cents would commit to a technology knowing there wasn't another option somewhere.

The alt-coin market is flooded with crap.  That crap will die.  The bubble WILL pop in that regard.  But some of the options will survive or else the entire cryptocoin market collapses.  Capitalism works BEST when there are many options.  It works worst when there is only one.

I agree with you. I was trying to explain this type of philosophy to people on these altcoin forums last summer, but
they attacked me. Seriously. They were calling me names and all kinds of foul things.

Turns out that I was right though. The altcoins were a good investment back then.
I had thought that the better named coins were the most likely ones to increase in value, but it turns out
that any coin traded on cryptsy has gone up alot.

Therefore, the coin didn't matter in this recent runup in prices, and it was all about the exchange.

Cryptsy was the big winner, to tell the truth. All any coin had to do was be on cryptsy and it went up alot.

So the true value was not usually found in any of the coins at this time, but the true value was
found in the exchange is what I am saying.

The exchange was much more valuable than any of the coins.

The future most valuable coin is the one that is currently the most profitable to mine.

In other words coins that are the most profitable to mine will have the worst value at the time until there block rewards are halved and not used as a dump into btc.

[ethought]

Calling for an end to this ponzi altcoin thing,

and a return to sanity



Prior to the recent rise in prices of the altcoins,
there was somewhat of an investment opportunity,

but that has now turned into uncertainty,
and looking towards when the altcoins will come crashing down.

But there is not any investment opportunity, because the prices are too high.

All there is, is a possible gamble that you might win or lose,
and the risks have increased, along with the puffed up prices.

Are you like me, and does it irk you, that these new coins are coming out,
and they think that their new coins are valued at the puffed up prices of
the other puffed up altcoins?

Did you say the same thing about Bitcoin when it was at $1?

There is room for more than one digital currency - just like there are more fiat currencies than just the US Dollar.

[nocoin]

"WHAT GOES UP MUST COME DOWN"

True as long as you don't go into a high enough earth orbit

Do you mean
TO THE MOON!