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fedmahnkassad
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May 20, 2014, 07:22:18 PM |
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Losing hope in crypto in general lately... why do all the shitty copy and paste clone coins get all the attention? Is everybody really this idiotic or do people only care about trying to catch the next pump and dump? Either way, something needs to change. I'm not talking about coins needing to change, I'm talking about the quality of the investors that come into crypto and their outlooks that need to change. I got interested in cryptos because I see them as the future of payment methods, I see (some of) them (the good ones) as a long term investment. I see the potential cryptos have to benefit and better the world we live in. Isn't this the dream of bitcoin? Has everybody forgotten this? It seems like the majority of people here are short-sighted and don't give a shit about the bigger picture.
I couldn't agree more, mate. I might just stock on 4-5 coins that I consider worth holding and just take a break for a year or so. The current crypto scene is quite pathetic and is getting worse and worse with one scam after the other. |
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mikeymillie
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May 20, 2014, 07:24:03 PM |
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Losing hope in crypto in general lately... why do all the shitty copy and paste clone coins get all the attention? Is everybody really this idiotic or do people only care about trying to catch the next pump and dump? Either way, something needs to change. I'm not talking about coins needing to change, I'm talking about the quality of the investors that come into crypto and their outlooks that need to change. I got interested in cryptos because I see them as the future of payment methods, I see (some of) them (the good ones) as a long term investment. I see the potential cryptos have to benefit and better the world we live in. Isn't this the dream of bitcoin? Has everybody forgotten this? It seems like the majority of people here are short-sighted and don't give a shit about the bigger picture.
The elephant in the living room that everyone is pretending to ignore is this: A lot of people lost a lot of money in their Bitcoin activities, whether directly by theft or Goxing or by buying in high and never seeing a return. A lot of time invested learning how to trade crypto, how markets work, and so on which all amounts to wasted time if you just lose money doing it. Altcoins are a "second chance" for these people to try and recover their losses. People who claim they never had any losses are nearly all lying (mostly to themselves). Altcoin's market cap is so tony compared to bitcoin that the only thing you can count on to recover a lot of loss is hitting a very big DRK or BC-like pump early on and somehow hanging on for the entire ride up without selling out too soon. Simple coins that are not innovative are the one that people know are most likely to be pumped and dumped. They know that a PnD is most probably the only plan the devs have for the coin to begin with. A simple PnD is simple to understand. Just buy cheap, wait for the pistol to fire and start the horses running, and try to get as much as you can before someone else does. Thats why they are popular: they are just PnD gambled, everyone knows this, and people are attracted to simple, predictable things. Never mind that they will make more money working at McDonald's for 2 days than they would cashing in on any of these shitty little gambles, people want to feel like all the time and money they spent 'learning crypto' has paid off with a win somewhere. But the reality is, there is usually only one big winner - the dev (and their PnD investors , if they are that organized) and a few small winners who take away 0.2 to 1 BTC profit at most in REALITY (not the fish tales people tell about making 4 BTC on a pump, or making 0.25 BTC every day in alts ... what totally unsupportable-by-basic-math horseshit). plus a bunch of people who barel break even.. and an even bigger bunch who end up poorer than they started. Crypto in general, and alts in particular, have decayed from "mostly gambling" to "all gambling" and that's the ugly truth. |
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fedmahnkassad
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May 20, 2014, 08:13:16 PM |
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Losing hope in crypto in general lately... why do all the shitty copy and paste clone coins get all the attention? Is everybody really this idiotic or do people only care about trying to catch the next pump and dump? Either way, something needs to change. I'm not talking about coins needing to change, I'm talking about the quality of the investors that come into crypto and their outlooks that need to change. I got interested in cryptos because I see them as the future of payment methods, I see (some of) them (the good ones) as a long term investment. I see the potential cryptos have to benefit and better the world we live in. Isn't this the dream of bitcoin? Has everybody forgotten this? It seems like the majority of people here are short-sighted and don't give a shit about the bigger picture.
The elephant in the living room that everyone is pretending to ignore is this: A lot of people lost a lot of money in their Bitcoin activities, whether directly by theft or Goxing or by buying in high and never seeing a return. A lot of time invested learning how to trade crypto, how markets work, and so on which all amounts to wasted time if you just lose money doing it. Altcoins are a "second chance" for these people to try and recover their losses. People who claim they never had any losses are nearly all lying (mostly to themselves). Altcoin's market cap is so tony compared to bitcoin that the only thing you can count on to recover a lot of loss is hitting a very big DRK or BC-like pump early on and somehow hanging on for the entire ride up without selling out too soon. Simple coins that are not innovative are the one that people know are most likely to be pumped and dumped. They know that a PnD is most probably the only plan the devs have for the coin to begin with. A simple PnD is simple to understand. Just buy cheap, wait for the pistol to fire and start the horses running, and try to get as much as you can before someone else does. Thats why they are popular: they are just PnD gambled, everyone knows this, and people are attracted to simple, predictable things. Never mind that they will make more money working at McDonald's for 2 days than they would cashing in on any of these shitty little gambles, people want to feel like all the time and money they spent 'learning crypto' has paid off with a win somewhere. But the reality is, there is usually only one big winner - the dev (and their PnD investors , if they are that organized) and a few small winners who take away 0.2 to 1 BTC profit at most in REALITY (not the fish tales people tell about making 4 BTC on a pump, or making 0.25 BTC every day in alts ... what totally unsupportable-by-basic-math horseshit). plus a bunch of people who barel break even.. and an even bigger bunch who end up poorer than they started. Crypto in general, and alts in particular, have decayed from "mostly gambling" to "all gambling" and that's the ugly truth. So FLT is all about thekidcoin making money? Did Satoshi make money out of Bitcoin? Did Evan Duffield make money out of DarkCoin? Did Charlie Lee make money out of Litecoin? I am sure I don't have to go on, you know the answer. |
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mikeymillie
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May 20, 2014, 10:47:52 PM |
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Losing hope in crypto in general lately... why do all the shitty copy and paste clone coins get all the attention? Is everybody really this idiotic or do people only care about trying to catch the next pump and dump? Either way, something needs to change. I'm not talking about coins needing to change, I'm talking about the quality of the investors that come into crypto and their outlooks that need to change. I got interested in cryptos because I see them as the future of payment methods, I see (some of) them (the good ones) as a long term investment. I see the potential cryptos have to benefit and better the world we live in. Isn't this the dream of bitcoin? Has everybody forgotten this? It seems like the majority of people here are short-sighted and don't give a shit about the bigger picture.
The elephant in the living room that everyone is pretending to ignore is this: A lot of people lost a lot of money in their Bitcoin activities, whether directly by theft or Goxing or by buying in high and never seeing a return. A lot of time invested learning how to trade crypto, how markets work, and so on which all amounts to wasted time if you just lose money doing it. Altcoins are a "second chance" for these people to try and recover their losses. People who claim they never had any losses are nearly all lying (mostly to themselves). Altcoin's market cap is so tony compared to bitcoin that the only thing you can count on to recover a lot of loss is hitting a very big DRK or BC-like pump early on and somehow hanging on for the entire ride up without selling out too soon. Simple coins that are not innovative are the one that people know are most likely to be pumped and dumped. They know that a PnD is most probably the only plan the devs have for the coin to begin with. A simple PnD is simple to understand. Just buy cheap, wait for the pistol to fire and start the horses running, and try to get as much as you can before someone else does. Thats why they are popular: they are just PnD gambled, everyone knows this, and people are attracted to simple, predictable things. Never mind that they will make more money working at McDonald's for 2 days than they would cashing in on any of these shitty little gambles, people want to feel like all the time and money they spent 'learning crypto' has paid off with a win somewhere. But the reality is, there is usually only one big winner - the dev (and their PnD investors , if they are that organized) and a few small winners who take away 0.2 to 1 BTC profit at most in REALITY (not the fish tales people tell about making 4 BTC on a pump, or making 0.25 BTC every day in alts ... what totally unsupportable-by-basic-math horseshit). plus a bunch of people who barel break even.. and an even bigger bunch who end up poorer than they started. Crypto in general, and alts in particular, have decayed from "mostly gambling" to "all gambling" and that's the ugly truth. So FLT is all about thekidcoin making money? The point --------- your head The point is that you wanted to know why all the shitcoins get attention when innovative ones do not. The answer is that altcoin trading has shifted toward all-out casino economics because the only incentives that have any effect in this environment are incentives that motivate gambling behavior, not the ones that motivate innovation. In fact they even punish innovation when there is no obvious way that the innovation will spark a quick rise in the coin's market price (this is part of what I believe is happening to FLT). So the result is that orange/yellow/fruitloop coins get churned out and swarmed all over because they are quick to make, one dimensional in nature, and thus easy to pump and to get the attention of the people with simple short term goal of "OMG OMG i gotta make my lost money back" . The devs of these coins are basically saying to the trading community "I know my shitcoin is only good for a quick pump, and so do you. Let's not bother pretending there is anything more than that going on here. So here you go, pump this baby and we'll all make quick buck" |
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mikeymillie
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May 20, 2014, 10:49:18 PM |
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Losing hope in crypto in general lately... why do all the shitty copy and paste clone coins get all the attention? Is everybody really this idiotic or do people only care about trying to catch the next pump and dump? Either way, something needs to change. I'm not talking about coins needing to change, I'm talking about the quality of the investors that come into crypto and their outlooks that need to change. I got interested in cryptos because I see them as the future of payment methods, I see (some of) them (the good ones) as a long term investment. I see the potential cryptos have to benefit and better the world we live in. Isn't this the dream of bitcoin? Has everybody forgotten this? It seems like the majority of people here are short-sighted and don't give a shit about the bigger picture.
The elephant in the living room that everyone is pretending to ignore is this: A lot of people lost a lot of money in their Bitcoin activities, whether directly by theft or Goxing or by buying in high and never seeing a return. A lot of time invested learning how to trade crypto, how markets work, and so on which all amounts to wasted time if you just lose money doing it. Altcoins are a "second chance" for these people to try and recover their losses. People who claim they never had any losses are nearly all lying (mostly to themselves). Altcoin's market cap is so tony compared to bitcoin that the only thing you can count on to recover a lot of loss is hitting a very big DRK or BC-like pump early on and somehow hanging on for the entire ride up without selling out too soon. Simple coins that are not innovative are the one that people know are most likely to be pumped and dumped. They know that a PnD is most probably the only plan the devs have for the coin to begin with. A simple PnD is simple to understand. Just buy cheap, wait for the pistol to fire and start the horses running, and try to get as much as you can before someone else does. Thats why they are popular: they are just PnD gambled, everyone knows this, and people are attracted to simple, predictable things. Never mind that they will make more money working at McDonald's for 2 days than they would cashing in on any of these shitty little gambles, people want to feel like all the time and money they spent 'learning crypto' has paid off with a win somewhere. But the reality is, there is usually only one big winner - the dev (and their PnD investors , if they are that organized) and a few small winners who take away 0.2 to 1 BTC profit at most in REALITY (not the fish tales people tell about making 4 BTC on a pump, or making 0.25 BTC every day in alts ... what totally unsupportable-by-basic-math horseshit). plus a bunch of people who barel break even.. and an even bigger bunch who end up poorer than they started. Crypto in general, and alts in particular, have decayed from "mostly gambling" to "all gambling" and that's the ugly truth. So FLT is all about thekidcoin making money? Did Satoshi make money out of Bitcoin? Did Evan Duffield make money out of DarkCoin? Did Charlie Lee make money out of Litecoin? I am sure I don't have to go on, you know the answer. I can't believe someone would even ask this question. Tomorrow's quiz: Is water wet? |
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Traderberg
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May 20, 2014, 11:13:28 PM |
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By the way guys, is water wet? It's been pretty hot and dry recently, I'm losing faith in humidity!
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I'm the one who knocks!
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thekidcoin (OP)
Sr. Member
 Offline
Activity: 308
Merit: 250
FlutterCoin Developer
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May 20, 2014, 11:20:26 PM |
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So FLT is all about thekidcoin making money?
Yes, you got me. I want a Bentley. #gobigorgohome The funny thing is that some people think the dev shouldn't make any money... For example if there was a premine (which I didn't pre-mine this coin). |
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verdun2003
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May 20, 2014, 11:43:54 PM |
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I am not worried if it will go up again because I know it will. My only concern is how low could it go so I place my buy orders on the right spots. Any ideas? I am thinking we could see sub 400 prices but probably not below 380.
Unfo, can't find fluttercoin on bitcoinwisdom.com to do some charting. If anybody knows a website that allows me to draw some lines, fibonnaci, RSI etc... I'll be happy to share the info. Anyways, from what we can see: - Volume is decreasing day by day, 345 BTC exchanged on MP last 7 days vs 738 BTC exchanged the week before - the more you go to the ATH, the higher the volume exchanged. The lower the volume, the higher the chance of trend reversal. - Downtrend has not been reversed and is not showing any reversal signs, lower highs and higher lows since the ATH, we're down 80++% since the ATH - There is a good support line between 400 and 500 satoshis, next level of support is between 250 and 300 satoshis Now, if we can stick to that 400-500 support line for a couple of days, that may be the stabilization phase and the formation of a rounded bottom, which is a reversal pattern, meaning price is going higher. The next level of resistance is around 600-700 satoshis, that will be an important line that we will need to break in order to confirm the uptrend. On the other side, if we break the current support line, we could go down to 250-300 satoshis pretty fast. Let's see what happens in the next days. |
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mikeymillie
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May 20, 2014, 11:53:14 PM |
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So FLT is all about thekidcoin making money?
Yes, you got me. I want a Bentley. #gobigorgohome The funny thing is that some people think the dev shouldn't make any money... For example if there was a premine (which I didn't pre-mine this coin). I think if the dev hasn't made money from their coin, they screwed up bigtime. A successful coin is self-funding, and that includes development costs. Nobody is going to begrudge a dev who gets rewarded for a successful coin system that is useful or at least, potentially useful. |
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Kuttingcorners
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May 20, 2014, 11:55:45 PM |
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if the dev doesn't make money that means u bought the wrong coin and everyone lost . unless its a scam ipo i guess
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thekidcoin (OP)
Sr. Member
Offline
Activity: 308
Merit: 250
FlutterCoin Developer
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May 21, 2014, 01:56:29 AM |
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So FLT is all about thekidcoin making money?
Yes, you got me. I want a Bentley. #gobigorgohome The funny thing is that some people think the dev shouldn't make any money... For example if there was a premine (which I didn't pre-mine this coin). I think if the dev hasn't made money from their coin, they screwed up bigtime. A successful coin is self-funding, and that includes development costs. Nobody is going to begrudge a dev who gets rewarded for a successful coin system that is useful or at least, potentially useful. [/quote Exactly... I myself mined all my coins when it was released to the public. Only time IMHO its bad is wen devs pre-mine like 10% of the coins then dump before anyone knows what hit them LOL. And that happens a lot. |
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vivi home
Newbie
Offline
Activity: 32
Merit: 0
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May 21, 2014, 02:50:18 AM |
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HHector
Newbie
Offline
Activity: 42
Merit: 0
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May 21, 2014, 05:48:08 AM |
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Are people still buying FLT? WTF! Do you guys really think this shitty coin really innovative?
Just one question, since Pot is so innovative, which merchant is using this coin? And if no, how do you earn coins by sending around to another wallet?
Really, it is kidding..
Ppl keep saying the multipool beta is ending....is coming to an end....this has been said for weeks..what comes now? come on...
Actually, i earned money from FLT when it was pumped..but you know that the whales keep selling, you should run
Hey hector, GFYM - figure that one out cupcake woooooooooooooooowwwwwwwwwwwww... Do people really think a nasty and mean base dev can develop an alt coin? Big joke, really a big joke. Really kidding. Kid is a kid. Nothing else. Just because you claim, repeat, harangue that this is a BIG Pot coin, it is therefore an innovative and valuable coin? It means nothing, if it does not go into real merchandise. This is still a big scam. 99% alt coins will die soon, not excluding FLT. Just sober up. An alt coin is pumped, and then dumped, and a smaller pump, and a small dump..this is the life of one alt coin. Whales and investors buy and sell and cash out. That is all. How many of ppl buying FLT holding the belief this is going to be huge and making you a huge profit as BTC does? When you are bag holders, the dev is dumping and cashing out. Are you from China? Just because you copy an alt coin, so you just hope everyone is praising, singing good songs for you and no oppositions are allowed? Communist mentality. JUST GFYM stupid silly kid. Kid is always a kid. Childish. Do you just need sweet words from other people? WTF..This is real world. Someone thinks this is good. Others can think this is bad. If you do not want pple come to your community, then your coin is dying. If you speak nasty words, just shut your mouth up. China's alt coins are all shitty. One thing, FLT is still going down, just because ppl are still dumping and running. |
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seattletu
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May 21, 2014, 06:17:12 AM |
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Are people still buying FLT? WTF! Do you guys really think this shitty coin really innovative?
Just one question, since Pot is so innovative, which merchant is using this coin? And if no, how do you earn coins by sending around to another wallet?
Really, it is kidding..
Ppl keep saying the multipool beta is ending....is coming to an end....this has been said for weeks..what comes now? come on...
Actually, i earned money from FLT when it was pumped..but you know that the whales keep selling, you should run
Hey hector, GFYM - figure that one out cupcake woooooooooooooooowwwwwwwwwwwww... Do people really think a nasty and mean base dev can develop an alt coin? Big joke, really a big joke. Really kidding. Kid is a kid. Nothing else. Just because you claim, repeat, harangue that this is a BIG Pot coin, it is therefore an innovative and valuable coin? It means nothing, if it does not go into real merchandise. This is still a big scam. 99% alt coins will die soon, not excluding FLT. Just sober up. An alt coin is pumped, and then dumped, and a smaller pump, and a small dump..this is the life of one alt coin. Whales and investors buy and sell and cash out. That is all. How many of ppl buying FLT holding the belief this is going to be huge and making you a huge profit as BTC does? When you are bag holders, the dev is dumping and cashing out. Are you from China? Just because you copy an alt coin, so you just hope everyone is praising, singing good songs for you and no oppositions are allowed? Communist mentality. JUST GFYM stupid silly kid. Kid is always a kid. Childish. Do you just need sweet words from other people? WTF..This is real world. Someone thinks this is good. Others can think this is bad. If you do not want pple come to your community, then your coin is dying. If you speak nasty words, just shut your mouth up. China's alt coins are all shitty. One thing, FLT is still going down, just because ppl are still dumping and running. closeted homo's run rampant on the internet. they are easy to spot with all the pent up anger. poor homos  |
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dekdek
Member
Offline
Activity: 98
Merit: 10
| TeamFLT | Trader & Investor |
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May 21, 2014, 06:20:07 AM |
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Hey guys Anti-troll is here btw : http://fluttercointalk.com/  Peace! |
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dekdek
Member
Offline
Activity: 98
Merit: 10
| TeamFLT | Trader & Investor |
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May 21, 2014, 06:28:08 AM |
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Success begins with a positive attitude, it is the most valuable asset we may own.  |
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newuser01
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May 21, 2014, 07:00:38 AM |
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how low you guys think we are going?
200?
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hoshigakiii
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May 21, 2014, 07:12:37 AM |
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how low you guys think we are going?
200?
412  |
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alexcfr
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May 21, 2014, 08:30:37 AM |
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PoT works now sweetie, it will me more frequent where there is a payment processor. [/quote] what can we do to help  |
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fedmahnkassad
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May 21, 2014, 08:36:55 AM |
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Blah-blah-blah
Hey hector, GFYM - figure that one out cupcake woooooooooooooooowwwwwwwwwwwww... Blah-blah-blah Did you really create this account to come here and talk crap about a coin that you don't give a fuck for? I am buying another 70k @ 375 at the moment. Put your money where your mouth is and dump to 374 at least. |
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