Quote from: nullbitspectre1848 on May 11, 2013, 11:21:41 AM

Quote from: thaile4ever on May 10, 2013, 06:38:21 AM

Quote from: limitless on May 10, 2013, 04:49:29 AM

AND BQB ?

It got on an exchange very late.. Shittiest price i've seen.

Dude it was trading at 10k per BTC before it got on the exchanges. How is doubling the value a shittiest price?

I agree, we need to give people a chance to spread the YAC around before it hits an exchange.

All of these altcoins seem to be serving only two specific group of people; coders and people who have cornered the mining scene with obscene hash rates (to me it's just greed, which is the opposite of the point of cryptocurrency, the already rich/well to do just monopolized and f*cked this scene over just like everything they do in the real world, damn parasites).

By the time a compiled qt comes out for ANY altcoin for us regular joes, the coders and greedy have already been mining for a day and a half, sucked up all of the incentive currency (the large blocks given out in a currency's infancy) and left us plebes with the crumbs. I see no difference between all these altcoins and what the banksters and greedy do in the real markets.

And I mine a lot of the altcoins, so I'm not saying it as a hater of altcoins. The concept is great for miners, but the people hoarding BTC do the same with altcoins, so it makes altcoins pointless. Just another rich get richer scenario. I am not one to fall for the 'well you have an opportunity too' bull-ish. Crumbs.

Why is that a bad thing? For a coin to work at all you need miners. These people provides the network with much needed hashes. Don't wait for a complied qt then, compile it yourself!