Quote from: jc12345 on April 12, 2015, 09:34:32 AM

Quote from: Litecoinkid on April 12, 2015, 08:40:12 AM

Quote from: shojayxt on April 12, 2015, 07:14:29 AM

What a disgrace to cryptocurrency in general. This is a despicable example of what the altcoin segment of cryptocurrency has become.

Crave, DASH, etc... all just scams. People lose their money and then their trust, setting crypto back years due to these rampant scams. Paycoin, Ripple, NXT, all scams that benefited a few. Crave, Dash, SDC, Cloak, and all the other worthless altcoins are the exact opposites of what people want in a cryptocurrency. Nobody wants a scam but for some reason they keep supporting them.

Nothing but pump and dump shitcoins all of them.

Agreed i was in crypto 2 years ago and decided to get back into it over the past month,and its a great shame what is has become,it seems to me its just a breading ground for scammers and 12year old kids saying all kinds of shit on the forums,and the amount of shit coins is a joke,in my eyes the sooner the whole industry is regulated the better,and there needs to be some sort of process to remove all the dead wood from the markets ..scamcoins,dead coins and stupid bots on the markets exchangers,hard for real people and must be harder for real devs who want to create a new coin with good intentions

All of this is necessary unfortunately. Out of the alts come a few pearls of innovation as well as biggest scams to protect against. The pearls of innovation drives the coin of the future and the scams drive the controls required to mitigate against to produce the robust new virtual currency ecosystem that will be in place over the world in the next 20-50 years. It was the same with the colonising of the Wild West in the USA and the advent of the current banking system. The best advice is to tread carefully and wisely as volume, volatility and FUD are all drivers for opportunity. The old diggers in the gold rush of the late 1800s had to endure gangs and lawlessness, but today there are beautiful cities there. The old banking system had to endure train robberies and tons of fraud, but today we have a robust fiat banking system. In 20 years this alt coin environment will be looked at just as we look at the above mentioned time periods. Just make sure that you don't get caught with your pants down and lose your life savings or bread money. For the rest watch innovation and history unfold and don't get involved in the gun fights.

Advent of the current banking system? Please research that a bit. I will agree to disagree on that along with the "beautiful cities", "robust banking system", "gangs and lawlessness". I feel like I am in the twilight zone.
Do you not think the reason crypto is poking its head up now is because those ideas did not work and were flawed? I am not even going to go into fiat.
We all want a wish for the pearls, but everything you said did not allow for that to ever happen.