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person1029 (OP)
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May 05, 2014, 08:34:50 PM
 #1

that there is one or a few groups of people mass creating a lot of these new altcoins

not to be negative about new coins, but i am curious if this is just the same group of people popping out coins with new accounts.

And i am only talking about the ones which receive negative feedback or suspect of being scams.  If im wrong that's good i guess.

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May 05, 2014, 09:16:35 PM
 #2

Sure , i think every person who makes a new coin he  surely makes 90 percent of the time a second one and probably a third one.
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May 05, 2014, 09:37:08 PM
 #3

There are plenty of respectable devs who make multiple coins. The digital coin dev also made secure coin. They have been around for a while now, so they are not pump and dump coins.
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May 05, 2014, 09:40:46 PM
 #4

Aside from the few good "devs", majority are indeed created by the same people who are invested indirectly or directly in Asics, they need ROI on there machines.
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May 05, 2014, 10:07:47 PM
 #5

If idiots keep mining them and the devs keep making money from the idiots then why wouldn't they keep making new coins?

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May 05, 2014, 10:46:38 PM
 #6

If idiots keep mining them and the devs keep making money from the idiots then why wouldn't they keep making new coins?

That is the ultimate point ...LoLz Wink

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