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Author Topic: Gameover for a few coins this week it seems.  (Read 4420 times)
CryptoStorm
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March 30, 2014, 08:03:37 AM
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I have been waiting for a week like this for a long time
there were too many crapcoins out there that ought to have died long ago.

and here's this week's list: (on cryptmarketcap.com 7day price% drop >25%)

NXT -33.15%
Aurora -88.0%      (whoa, gameover man)
Quark -26.0%      Just keeps sliding since mined out.
Vertcoin -26.7%   Was a fake pump, and everyone knew it.
Primecoin -33.6%  How it is still here already is a good question.
Megacoin -30.0%  about time this monkey show dies. KGW recently proven inferior.
YBcoin - 28.41%    This is a china coin, guess I never get to know it.
Spaincoin -64.2%   Another Joke that ought to have dispersed before it started.


If you still have any of the above, you probably best off switching to a coin that have hope.
I have my list of hopeful coins, but I know no one agrees to that. (which is fair)

though the drop of the above list is for all to see, and to be honest, an investment that can drop 25% in 7 days?
lol, you know it is a joke. 

my advise is GET OUT while you can.
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DemetriusAstroBlack
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March 30, 2014, 08:12:34 AM
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YAY!!!!!

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PyroClasTix
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March 30, 2014, 08:14:07 AM
 #3

Thanks for the update. Noted.

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March 30, 2014, 08:31:15 AM
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thanks a lot for ur bright analysis
CryptoStorm
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March 30, 2014, 08:53:58 AM
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thanks a lot for ur bright analysis

All I did, was point out the obvious.
I don't post otherwise. But I was expecting someone to say something about that, and wasn't wrong. :p
crapcoin defenses coming, just wait for that too.




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March 30, 2014, 09:11:01 AM
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I have been waiting for a week like this for a long time
there were too many crapcoins out there that ought to have died long ago.

and here's this week's list: (on cryptmarketcap.com 7day price% drop >25%)

NXT -33.15%
Aurora -88.0%      (whoa, gameover man)
Quark -26.0%      Just keeps sliding since mined out.
Vertcoin -26.7%   Was a fake pump, and everyone knew it.
Primecoin -33.6%  How it is still here already is a good question.
Megacoin -30.0%  about time this monkey show dies. KGW recently proven inferior.
YBcoin - 28.41%    This is a china coin, guess I never get to know it.
Spaincoin -64.2%   Another Joke that ought to have dispersed before it started.


If you still have any of the above, you probably best off switching to a coin that have hope.
I have my list of hopeful coins, but I know no one agrees to that. (which is fair)

though the drop of the above list is for all to see, and to be honest, an investment that can drop 25% in 7 days?
lol, you know it is a joke. 

my advise is GET OUT while you can.




You are pretty much correct.

This is good though in a way. There were too many lazy get rich scheme coins there.
I was once interested in Vertcoin, in retrospect, thank GOD I didn't went in.

I have Litecoin, Dogecoin, and Worldcoin.
Litecoin is down a little but stable. The recent china story development is amazing, I think it can still double.
Dogecoin up a little and stable. I think Doge has room to grow still.
Worldcoin down a little but stable. People will look back in 6mths, and ask themselves how they didn't see worldcoin coming.
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March 30, 2014, 09:12:39 AM
 #7

Nice list. It's good that somebody makes such a list.
department
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March 30, 2014, 09:22:16 AM
 #8


I have been waiting for a week like this for a long time
there were too many crapcoins out there that ought to have died long ago.

and here's this week's list: (on cryptmarketcap.com 7day price% drop >25%)

NXT -33.15%
Aurora -88.0%      (whoa, gameover man)
Quark -26.0%      Just keeps sliding since mined out.
Vertcoin -26.7%   Was a fake pump, and everyone knew it.
Primecoin -33.6%  How it is still here already is a good question.
Megacoin -30.0%  about time this monkey show dies. KGW recently proven inferior.
YBcoin - 28.41%    This is a china coin, guess I never get to know it.
Spaincoin -64.2%   Another Joke that ought to have dispersed before it started.


If you still have any of the above, you probably best off switching to a coin that have hope.
I have my list of hopeful coins, but I know no one agrees to that. (which is fair)

though the drop of the above list is for all to see, and to be honest, an investment that can drop 25% in 7 days?
lol, you know it is a joke. 

my advise is GET OUT while you can.




You are pretty much correct.

This is good though in a way. There were too many lazy get rich scheme coins there.
I was once interested in Vertcoin, in retrospect, thank GOD I didn't went in.

I have Litecoin, Dogecoin, and Worldcoin.
Litecoin is down a little but stable. The recent china story development is amazing, I think it can still double.
Dogecoin up a little and stable. I think Doge has room to grow still.
Worldcoin down a little but stable. People will look back in 6mths, and ask themselves how they didn't see worldcoin coming.




I hope so.I hope now pay later can be rewarded.

ShareCoin: SiwWyc43LEjX1PEwcXX3yJviP5Ly5mjXVr
markm
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March 30, 2014, 09:34:20 AM
 #9

Worldcoin is insanely pathetically insecure, its hashing power is a bad joke, it is begging to be PWNd.

"Storing" wealth in such a pathetically insecure blockchain is insane, you might as well seek out some theives directly and hand over your money to them.

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zhuaihdd
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March 30, 2014, 10:00:04 AM
 #10

Thank you very much for updating these information, for these junk coin, I'll be far away from them.

ShareCoin:SPHW6TALWHjeLg9p8qncnHuigtnDY5n298
HysonCorp
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March 30, 2014, 10:10:45 AM
 #11

Worldcoin is insanely pathetically insecure, its hashing power is a bad joke, it is begging to be PWNd.

"Storing" wealth in such a pathetically insecure blockchain is insane, you might as well seek out some theives directly and hand over your money to them.

-MarkM-


On your comment, I wonder if there is some misunderstanding on your part.

Worldcoin hashrate around 3-4Gh/s
which makes it top5 hash rates on the 'high' list of non-ASIC (highest being Lite and Doge)

not high comparing to anything ASIC, but higher than the following coins:
Quark(700Mh/s) / Mega(740+Mh/s) / Feather(2800+Mh/s) / Novacoin(1500Mh/s) / Infinite(70Mh/s)

Further, to hack a 3-4Gh/s network, you need to know a pool with over 2Gh/s, which I would like to see anyone have before ASIC comes out. (that's 2000 x R9 290x at max config)
If you want to worry about Worldcoin being hacked, you have a LOT MORE to worry before that I think.

so my conclusion was you just bashed worldcoin based on nothing?
Please avoid doing that, we really have enough trolls on this forum already.

If you worry about anycoin being hacked.. I will probably put infinitecoin on that list...
http://www.coinwarz.com/cryptocurrency/coins/infinitecoin
BUT even that, isn't easy to put a 51% attack onto, you will need 36Mh/s rate, which will be around 36 x R9 290x at max config.
I 'can' see some lunatic getting that amount of hashrate in a room packed with fans, but you need a very dedicated group to pull that off. Smiley
unent
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March 30, 2014, 10:34:40 AM
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Further, to hack a 3-4Gh/s network, you need to know a pool with over 2Gh/s, which I would like to see anyone have before ASIC comes out. (that's 2000 x R9 290x at max config)
If you want to worry about Worldcoin being hacked, you have a LOT MORE to worry before that I think.



When do you think the new ASIC's will come out and how high a hashrate do you think one person could get with a lot of them?

When pools started destroying coins Kimoto invented his gravity well to neutralize the threat. Is it possible someone could invent something to neutralize the threats posed by the new ASIC's?

I know Kimoto's gravity well is not perfect and people on this forum are talking about possible attacks they can make on coins using it, but it's a start at defense.
reRaise
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March 30, 2014, 10:48:33 AM
 #13

What a bullshit thread, first of all who the f are you? What is your experience in analysing markets? Your analysis doesn't make a single sense, infact it's so bad that you look like a troll.

Also fyi quark isn't mined out, it can be mined forever.
HysonCorp
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March 30, 2014, 10:53:36 AM
 #14


Further, to hack a 3-4Gh/s network, you need to know a pool with over 2Gh/s, which I would like to see anyone have before ASIC comes out. (that's 2000 x R9 290x at max config)
If you want to worry about Worldcoin being hacked, you have a LOT MORE to worry before that I think.



When do you think the new ASIC's will come out and how high a hashrate do you think one person could get with a lot of them?

When pools started destroying coins Kimoto invented his gravity well to neutralize the threat. Is it possible someone could invent something to neutralize the threats posed by the new ASIC's?

I know Kimoto's gravity well is not perfect and people on this forum are talking about possible attacks they can make on coins using it, but it's a start at defense.

well, when ASIC is out, everyone can get them.
so people mining will also be mining on a much higher hash rate.
I will be one of the first people lining up to get a lot of them myself!

unless somehow a hacker can get his hands on ASIC before everyone does, by then the hashrate of everything will be MUCH higher,
so shouldn't need to worry about that either.
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March 30, 2014, 10:58:42 AM
 #15

I still like Primecoin - holding strong!
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March 30, 2014, 11:03:36 AM
 #16

Price drop is far from gameover for a coin. Bitcoin itselves lost over 75% in a week in the past, but is still here and stronger.

What matters is hashrate, and some coins are attacked nicely...
Spoetnik
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March 30, 2014, 11:05:02 AM
 #17

prices don't stay in a straight line on graphs get used to it.. doesn't mean the sky is falling lol

i have some VTC and i am mining it a bit because it's not pure scrypt.. blah blah asics lol
we'll see what diff that makes i guess Wink

your analysis is weak by the way and that is putting it nicely Smiley
and VTC's pump was not fake it WAS pumped lol ..proof is in the graphs.

FUD first & ask questions later™
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March 30, 2014, 11:07:50 AM
 #18


I have been waiting for a week like this for a long time
there were too many crapcoins out there that ought to have died long ago.

and here's this week's list: (on cryptmarketcap.com 7day price% drop >25%)

NXT -33.15%
Aurora -88.0%      (whoa, gameover man)
Quark -26.0%      Just keeps sliding since mined out.
Vertcoin -26.7%   Was a fake pump, and everyone knew it.
Primecoin -33.6%  How it is still here already is a good question.
Megacoin -30.0%  about time this monkey show dies. KGW recently proven inferior.
YBcoin - 28.41%    This is a china coin, guess I never get to know it.
Spaincoin -64.2%   Another Joke that ought to have dispersed before it started.


If you still have any of the above, you probably best off switching to a coin that have hope.
I have my list of hopeful coins, but I know no one agrees to that. (which is fair)

though the drop of the above list is for all to see, and to be honest, an investment that can drop 25% in 7 days?
lol, you know it is a joke. 

my advise is GET OUT while you can.

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Vertcoin has go up and not down. The Coins you tell are not crapcoin you are SPAM

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March 30, 2014, 11:15:41 AM
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I have been waiting for a week like this for a long time
there were too many crapcoins out there that ought to have died long ago.

+1

Die shitcoins, die
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March 30, 2014, 11:20:13 AM
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Wasn't part of the "beauty" of timewarp attacks the fact that you don't even need 50% of the hash rate of the main chain because you get "more time" to mine in by warping time so basically you get to keep on "letting the difficulty drop back down again" over and over again so you end up mining at lower difficulty per block but pouring out many more blocks, or something like that?

I thought the Aurora scam that BCX proposed to timewarp-attack had something like 3 or 4 GHash yet apparently that is not enough to defend against the proposed attack?

Also, I think a meme conjured up more hashing power than litecoin almost overnight didn't it?

Had the meme said "lets PWN all the scrypt blockchains" instead of "lets be yet another scamcoin" it could have PWNed them all, many at a time even.

So it showed how insanely vulnerable even however much hash power litecoin had was.

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