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Author Topic: STOP PRE-ANNOUNCING NEW COINS  (Read 999 times)
LeoC (OP)
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January 16, 2014, 08:56:27 PM
 #1

I'm seeing an increasing trend of pre-announced coins coming out. This needs to stop.
The reason being that 90% of these coins end up fizzling out because of skyrocketing day 1 difficulty spikes due to everyone being fully prepared for its launch, then the only ones that end up making money are ASICs or botnets.

An example would be Q2C (QubitCoin) which saw the difficulty skyrocket to 1000 in less than half an hour. Once miners gave up and the difficulty dropped, interest was lost and never returned.
Is it fairer? Yes. Does it work? No. I'd much rather prefer a slower trickle of new people discovering the coin and having the difficulty increase in a more controlled environment.
This would also give incentives to people to be more active in the community.
MysticDOGE
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January 16, 2014, 09:00:33 PM
 #2

Stop telling others what to do.

Free market.

Go dictate someone else.

My Coins of Choice // Donations accepted 24 hours, 7 days a week \\
DOGE: DBdnFUqigpJ3gjWPNmC8T9rHo9Q7M16mKu - KlondikeCoin: LGsd3mnFdJZTXek2VumBTajE96ur2AAWrv  - Follow me: Twitter.com/MineCrypto
KlondikeCoin - KDC - Join the Gold rush! NO PREMINE
cryptohunter
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January 16, 2014, 09:01:02 PM
 #3

shhhh keep quiet i like the announced ones they die faster.

LeoC (OP)
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January 16, 2014, 09:01:17 PM
 #4

Stop telling others what to do.

Free market.

Go dictate someone else.
If hypocrisy had a definition, your face would be on it.
Seems people on this forum don't have the mental capacity to form a valid argument.
atp1916
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January 16, 2014, 09:02:03 PM
 #5

Stop telling others what to do.

Free market.

Go dictate someone else.
placebo
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January 16, 2014, 09:09:00 PM
 #6

STOP RELEASING NEW COINS!!!!

How many coins were successfully this year. There were 40 new coins released, i think we have a few coins that somehow made it.

Start mining at coins that means something. Start mining at Klondike or USDE, both has a development team around them.
placebo
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January 16, 2014, 09:11:45 PM
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Stop telling others what to do.

Free market.

Go dictate someone else.

You have a point about dicate someone else Smiley but infact we have too many coins, and people are losing a lot of their hashrates on shitcoins. I believe we need to stop releasing new coins and focus on the few that survived this year, as the list of dead coins is 80% - 90%. Right?

I know that Klondike IS GREAT!!!! And USDE is also very nice, but what else, Digibyte, mmm, maybe, looks more like a pump & dump coin again.
grantenierman
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September 05, 2014, 04:29:32 AM
 #8

I think this should be a rule I been seeing alot of of and coin don't even work or no information on this a coin should be ready before the announcement.
sung
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September 05, 2014, 04:52:52 AM
 #9

Don't stop, I love to see the idiot has been tricked Cheesy Cheesy Cheesy


Stupid too much, too little liar!
torpedo
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September 05, 2014, 04:58:03 AM
 #10

Scams are the natural selection of the Cryptocurrency world. Why do you want that to change? You can't always accept the retards if you want things to move forward.

AI Growth Hacking, Crowd Shilling, and Guerrilla Marketing
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