Post
Topic
Board Altcoin Discussion
Re: ETC = Most obvious way to double your money right now
by
The Pharmacist
on 23/08/2016, 23:52:21 UTC
No, this is the classic "dead shitcoin" pattern where people lose interest after the first pump and dump and the value never goes back up again. The only reason it still has volume is because the bag holders are cutting their losses.

Wrong, OP is right. You are the guy that always misses all the pumps. ETC has a lot of volume and a lot of people interested in it getting pumped again. It does not matter how much it will take to pump, it will pump.

All the idiots calling LTC, DOGE, XMR, MAID... (and the list goes on) dead coins, are the idiots that don't load up on the accumulation periods.

ETC/ETH breakup has shown that the community knows very little about economics.  there are now twice the amount of coins with the same amount of total wealth invested....  the only way to keep this boat afloat is to sucker gamblers into buying it....  either way, the ideals that brought all the initial investors to the table have been thown aside, welcome to the titanic

From my limited understanding of ETH/ETC and what went on with the forking, this sounds about right.  But I reserve the right to revise my opinion, because I'm not a tech geek and don't fully understand it all.  Don't know if ETH was actually going to be used for anything useful..was it?  It's a great thing to speculate in, but I don't think any of these coins are going to prove very useful.