Post
Topic
Board Altcoin Discussion
Re: The bottom will drop out of the alt market soon
by
sockpuppet1
on 10/05/2016, 02:52:45 UTC
More crapcoin spam on the front page than usual now.  I keep seeing some lunatic post claiming "Rimbit" is going to defeat BTC LOL.

Alts used to pump on legit news not so long ago. Now the only movement up is on P&D scams like the recent EXE action on Poloniex.

I believe the Anonymizer and smoooooth have decided to let the "get rich quick with my lunch money" crowd run wild without retort. A P&D circus is what the gamblers want.

I do believe there exists a significant quantity of readers (100s?) on these forums that want to invest and support an altcoin which has serious potential to solve the problem that, Bitcoin IS basically DESTROYED. I also believe if ever such an altcoin arrived and it was gaining serious levels of user adoption (e.g. millions of users of the currency), then number of serious readers and investors would increase to the 1000s. I believe all of us are conditioned to think that no such altcoin will be forthcoming because developments thus far have been so underwhelming, scammy, vaporware, and/or slower than a snail's pace. Monero and Z.cash for example appear to be serious projects plodding forward at a reasonable pace, but neither of them really solve the "to the billions" scaling problems and they'd argue that such a scaling goal isn't required or possible for now or even ever. Does anyone agree or disagree with this presumption of mine?