Post
Topic
Board Altcoin Discussion
Re: How long will the alt coin retro (necro) trend last?
by
JobCreator
on 13/06/2015, 18:53:42 UTC
The minting phase for several of these older altcoin that are currently seeing a price rise has pretty much ended or is ending soon.  For some it may be a temporary boost, for others, it could be a permanent boost.

Just because no one posts on the thread, or the 'developer' is absent, doesn't mean a coin is dead.  So long as the blockchain is moving, it's alive and well.

It took Bitcoin 4 years to get to where it is today.  Many of these altcoins are no more than 1 year old.

Any new coin that wants to be a longterm project and real money token will also have to go through accumulation phase and pow mining with halvings when during early stages people will say "it's dead" while smart money buys.

Exactly.  The real winners are those who held and accumulated for long term investment.
Those with the 'mine & dump' methodology, who made a small profit in the beginning will ultimately be the biggest losers.