Shhhh. Us miners need our ROI.
"... All these devs are pulling awsome schemes to try and get rich quick. The shitty part is that it is working..."
"...For one person to get rich quick, an entire community of people is getting devalued..."
So why even bother to support these obvious Pump & Dumps ?
Maybe because your greed is getting the best of you too?
As for a good name, better yet a great name for a currency? Well dangcoin just sounds stupid, likely wont sell. But a greatcoin with a great name at least means the developer really is creative and at least smart enough to know that to successfully market a coin it's name better have a pleasant and even appealing thought attached to it.
I was one that pleaded with developers to at least come up with great names a while back, and to be innovative too, to make Masterpieces that would be slamdunkcoins, all to no avail, or at least almost to no avail.
The current phase starting here and now is getting the better coin types to market, like bitcoin already is. In other words Marketing the currencies is the new phase right here and now, and most will get left in the dust and soon enough each fade out into their own bitter, slow endings. And nothing cripples a coins chances more so than a poorcoin name. Don't underestimate that. An okay name is doable. But a poor name is likely detrimental. At least I wont go anywhere near one with a poor name myself.
MARKETING will determine the Winners. Maybe a dozen or two dozen types of coins, out of hundreds, or even thousands since pumpcoin and dumpcoin is rolling out as I type (just kiddingcoin). But obiously there is so much noisecoin an staticcoin why even bother with anything now besides the bestcoins?
FYI: I just dumped a large, very large, nearly 3 dozen, of the best types of coins. And cut the herd way down to half that size, but with the vast majority in just the King. Because if what's about to happen again really happens again it will be another round of Shock & Awe for all but the Best of Breed coins, and even they are apt to get slammed hard again, but only to come catching back up mostly with the King. Much like silver always plays second fiddle to gold in the precious medals marketplace.
But yes, we get your points.
And by all means DON'T SUPPORT these pumpcoins and these dumpcoins. Or your effectively doing others (the fools rushing in these last several weeks) harm as well. Sure we all get temptation. Sure I even took the bait a few times when it was easy pickings for a quick buck. But almost always I resist the temptation. I almost never mined and then sold. Only once in fact. Just recently. But as soon as the charts told me it was over I was done with that dog, lol. I go by a coins fundamentals, and it's technicals (chart performace), just like in the stock market. Or the Forex. Same thing here. Learn to read candlestick charts. It's easy enough to grasp the basics in one long evening.
So:
Starting RIGHT HERE, Right Now: things just changed, again! Drastically. This is suddenly another new phase, the fifth phase in the last 12 months alone. I wont spell it all out.
At this point in time I strongly believe it would be extremely wise and prudent to select the highest quality coins to mine versus the ones with the best instant mining reward level, versus the ones with the best chance to make it all the way to market, or at the least have strong chances to have strong gains for at least 6 months, so you too can profit greatly, and have time to slip out of the lesser issues that end up being unloved, and uncared for currencies.
And remember, the developer alone can't do it all. Every coin needs a strong community. It's also a given the we must support and help the coins we chose to hold, one way or another. Otherwise this entire affair is again just going to harm others for the sake of what? Someone else's gain.
So instead of focusing on all these cutcoins pastecoins copycoins catcoins now rolling out just to mine a ton of shitcoin for mere peanuts perhaps it would be wiser just to ignore the noise from here out.
Or, in other words, from here out I don't give any time to any coin that first doesn't come to the table with a good name, and also most importantly offers something nothing else yet does, something better, or special, unique, that gives it a real good chance. And much better be a true Masterpiece. It's just too late in this Crypto Monetary Revolution for ever more copy cat coins. That phase is now being obliverated by fools rushing one copycoin after another copycoin. Forgetaboutthem. Their all doomed if that is all they have to offer. Every last one of them. If their not here already
http://coinmarketcap.com/ , or at least haven't already been long since created and doing well by now then odds are their not going to make it at all, unless their cutting a new path, or a real masterpiece.
The rest of them are going the way of ratcoin. Down the draincoin. And taking many foolscoin with them, sadly.
That hash power is being wasted on tiny gains, where as if one focuses on first learning about the coins, the best ones, what they each offer, what sets them apart, what is what, what's different, and how each can fit into the marketplace well after all that research and study, only then will anyone be making anywhere near a prudent choice. Till then use the KISS method. Keep it simple stupid. Or in other words stick to the highest quality until you can determine yourself what are the best and better alt. coins. And don't forget about Kingcoin *Bitcoin*. It's the King, it's going up even when everything else is getting hammered, all over again, just as soon as the next super surge strikes it again. So there. That's from someone that took about 18 months of study, research, and much effort, to learn this, all from scratch. And took the time to offer what I think would guide you well. And hence how and why I sign my messages below!
https://www.virtualbox.org/http://bitcoinwisdom.com/markets/bitstamp/btcusdhttp://www.bitcoincharts.com/http://www.cryptocoincharts.info/https://ripplecharts.com/http://www.coinwarz.com/cryptocurrencyhttp://coinmarketcap.com/http://cryptmarketcap.com/All of these have a real good chance of going all the way!
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http://bitcoin.org/ = The Masterpiece. & the King.
http://litecoin.org/ = a Masterpiece.
http://www.peercoin.net/ = a Masterpiece.
http://ppcoin.org/primecoin = a Masterpiece.
http://securecoin.org/ = a Masterpiece.
http://www.quarkcoin.com/ = a Masterpiece.
http://novacoin.org/ = a Multi-Cloned Masterpiece.
CosmosCoin.org = a Multi-Cloned Masterpiece.
http://cryptogenicbullion.org/ = My Personal Favorite & a Masterpiece.
http://www.bitbar.biz/home = My Personal Favorite & a Masterpiece.
https://anoncoin.net/ = a Masterpiece.
https://ripple.com/ = a Masterpiece.
http://www.sexcoin.info/ = a Community Built Masterpiece.
cryptometer.org - Historical Mining Rate Production Charts
http://cryptometer.org/index.htmlhttp://www.thebitcoinchannel.com/ As of the last three days I sold most of everything off for Bitcoin, and all of at least half my holdings, for the King, except for the above types, and precious few others that I couldn't bring myself to depart with since they too are likely grand slams in the longer term and are still performing strongly as I speak. The half I sold off completely? Well I wont be rebuying many of them, only a few. The rest were purged.
I even sold some extremely large longer term gains from some of the above the last three days, but will rebuy them later at hopefully a much better price as soon as the dust settles at whatever point in the next few weeks that alt coins rebalance with BTC *hint*. At least that's my thinking. I may be wrong, but I believe that the Bitcoin-Rocket is about to shift into Afterburner mode at any moment between now and the next four weeks and that the wake from the Strong BTC Price Surge will cause all the other alts, or at least almost all of them to again severely correct in price since BTC will be suddenly worth so much more, and as many flee again to ride the BitcoinExpress.
BTC - Next stop = $2000, or $3000, or even higher, maybe to $4500 to $6000. Real fast. And will leave most if not all Alt. coins in ruins for a spell, just like in late October through Mid November, as many flock to safety on the BitcoinExpress. Only this time many others will realize to jump aboard after what they remember from just a couple of months ago!
Lastly, the next trading range will be anywhere from roughly $1200 to $2000 or maybe $ 1600 to $2400 or $2000 to $3400 or as wide and wild as roughly $ 2000 to $6000.
And of course I could be very wrong here. So beware. No one can know the future.
Welcome to the BitcoinExpress (another newly coined phrase by Slingshot)
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Caveat emptor - let the buyer beware
