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Author Topic: Less coins coming out?  (Read 1313 times)
lasciv (OP)
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January 29, 2014, 12:12:05 PM
 #1

Number of coins that comes out is waaayyy smaller than one month ago? Dry period or what?

Any thoughts?

 Kiss
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January 29, 2014, 12:13:43 PM
 #2

Thank god.

I think nowadays everyone knows that we have too many coins.. Let's make the reliable coins stable now and let the rest die.

Only coins with a very unique new future should be launched these days, not the many clones.

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January 29, 2014, 12:26:20 PM
 #3

demand died out as every coin that comes out fails to gain value and multipools dump it to oblivion. Investors have become very selective on which coins to buy

hasar
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January 29, 2014, 12:29:23 PM
 #4

I think still many coins coming out. Just we don't see any giveaways here.

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lasciv (OP)
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January 29, 2014, 12:32:19 PM
 #5

I think GigaCoin is right. So, dry period. Until new investors come along.. Cool
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January 29, 2014, 12:32:58 PM
 #6

Calm before the storm I think. It takes a little bit of time to put a coin together and I believe there are 00's in the pipeline!! So if you think we have seen the worst of shitcoins with really bad names, you ain't seen nothin yet!!

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January 29, 2014, 12:56:23 PM
 #7

Just simple old scrypt clones almost have no use...
Scrypt-Jane algo coins requires hiring/knowledge to make it working.  Also its had to interest hash power among existing on trades coins, same with CPU coins... SO...

You have no choice but first bribe/buy place on exchanges, and only after that annoince coins fo success.

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January 29, 2014, 12:59:21 PM
 #8

Thank god.

I think nowadays everyone knows that we have too many coins.. Let's make the reliable coins stable now and let the rest die.

x2


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FiniteRed
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January 29, 2014, 01:03:08 PM
 #9

demand died out as every coin that comes out fails to gain value and multipools dump it to oblivion. Investors have become very selective on which coins to buy

I REALLY hope this is the case - it's downright damaging to have 10 billion new coins flood the market bringing nothing but empty promises - I feel SO sorry for all of the noobs that invested in crap coin after crap coin ending up with horrific losses all round.  Cry


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January 29, 2014, 02:27:28 PM
 #10

LOL the last new coin I really mined was earthcoin... and even then I gave up right off the start due to it being broke right out of the gate.

I am all for alt coins, but a lot of the problem is many of them recently have no real thought put into them. Add into the fact LTC is better right now, many are focused on mining that.

With that said I tend to stick to those coins that usually hang in the top of the pack... not right on top, for the multipools just fuck whatever coin is there and then dump the shit out of it and while doing that making the dif rocket. I think multipools hurt more than help specailly with the number there are atm.... leaving those of us who usually are loyal to a few coins, not much to have besides knowing we are doing our part trying to keep the chain safe with our hash.

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January 29, 2014, 02:38:06 PM
 #11

i won't say it's coming less coins, it's just that they die away quicker and less people notice them Tongue

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January 29, 2014, 04:24:07 PM
 #12

Number of coins that comes out is waaayyy smaller than one month ago? Dry period or what?

Any thoughts?

 Kiss

I think the new coins will keep flowing like the beer flows at Hooters.

One fascinating aspect to consider is the fact that consumers are drawn more to the social value of coins rather than the underlying technical achievements. Look how long gold was used throughout history, and it's pretty basic. As coins continue to be cranked out I think the ones that manage to build the largest and most robust communities will become the ultimate victors.

Don't get me wrong, the technical side is important. But for the most part the consumer just wants a cool currency and works.
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January 29, 2014, 04:28:51 PM
 #13

i think it will stay like this maybe the novelty has worn off, ive mined a few coins and a lot havent got any where ive got so many wallets lol.
i wanted to mine (bill) murrycoin but enough is enough, i cant see people jumping on every coin its too much.

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bykardinal
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January 29, 2014, 04:33:42 PM
 #14

many coins its not problem) smart ppl always can choose something new and unique, not just clone coin:)

other coins need for earninng BTC Cheesy (mine- sell, pump-dump)

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January 29, 2014, 05:28:53 PM
 #15

I stopped trading all these scam coins once I figured alts out...

I then just looked at the top market cap cryptos and figured out which had the lowest daily NEW supply of coins because this means it's scarcity is increasing relative to demand and it's price will be harder to go down.

This led me to many coins that were almost done mining and were entering a supply demand market that more similarly modeled real currencies rather than the currencies where miners dumped all their coins.

Zeta, quark, IFC are the ones I chose for stability. Now they just have to develop.

at least that's my investment strategy.

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hilariousandco
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January 29, 2014, 05:34:12 PM
 #16

The market has become saturated. Why these coins are even needed is beyond me. All your doing is allowing the devs to make money off you. Just stop mining or dealing with these crap coins and they'll soon fizzle out.

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January 29, 2014, 05:39:14 PM
 #17

Most of the coins on coined up are total cloned shit. What do you expect ? People are not that dumb.
hilariousandco
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January 29, 2014, 05:53:06 PM
 #18

Most of the coins on coined up are total cloned shit. What do you expect ? People are not that dumb.

You sure about that? Fuckcoin, Dogecoin, Kittehcoin... Grin. These are hardly geniuses who invest in these coins.

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HectorVT
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January 29, 2014, 07:02:20 PM
 #19

Guy we launched marinecoin it is a different coin it is not actually a coin but rather a system,

please check it out. you can also PM me if you want ask question or call me on the phone to get detailed info

www.marinecoin.org
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January 29, 2014, 08:06:54 PM
 #20

From my observations the mass of coin releases happen during the holiday season. Specifically the high school/college holidays. It happened back during spring break in 2013 and just recently the Christmas break. I suppose if we see an influx of new coins during reading week then we'll know who is making them.

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