Quote from: whitedragon on May 24, 2013, 06:00:21 AM

Quote from: Lebrick on May 24, 2013, 05:35:03 AM

Quote from: limbaugh on May 24, 2013, 05:33:55 AM

Quote from: mindtomatter on May 24, 2013, 05:30:19 AM

Happy to talk to the creator, a miner, anyone who wants to represent the pro case for the coin.

You picked a fine example but feathercoin would be an better example of a successful shady coin launch.

Even Ripple would be better for you to interview

Quote from: mindtomatter on May 24, 2013, 05:35:03 AM

Feathercoin is on the list too, you guys just appear to have one right in the initial stages of taking newbies money, and also seems to be a more obvious scam with the amount pre-mined and the very fast exchange integration.

Forex and Crypto coins are like gambling, you choose where to spend your hashes and electricity, no one tells you or forces you to mine this coin or that coin. That is your CHOICE.

Ok maybe choosing which new crypto coin to mine is kinda like gambling...but trading Forex? Forex is only like gambling to people who have absolutely no idea what they are doing. I hate this comparison. I've been a full time forex trader for 4 years. I've said it before, I'll say it again....I guarantee you there is NO WAY I could pay my bills for 4 years sitting at a roulette table 5 days a week.

Sorry, back to topic...

Quote from: kr4x on May 24, 2013, 05:23:09 AM

Quote from: fenican on May 24, 2013, 05:20:58 AM

Quote from: kr4x on May 24, 2013, 05:19:59 AM

Quote from: fenican on May 24, 2013, 05:18:55 AM

Quote from: kr4x on May 24, 2013, 05:16:32 AM

Quote from: fenican on May 24, 2013, 05:15:13 AM

This coin started with 200 blocks worth 10,000 GLD each. That is 2,000,000 coins that were minted in about 4 seconds.

To put that in perspective, DCG has only minted about 400,000 coins total

It is a miracle the price is as high as it is. This is a worthless coin. Get out now while someone is still naive enough to buy

where is your proof? stop crying already and move on

http://gld.block-chain.net/block/e39be079a4e57af79f63edb2726bdcb401ae520fa5b5328bbeab185b5b3d636e

Click on next block over and over and cry yourself a river. Every one of those 10,000 coin blocks will be going up in a firesale

these were used for bounties and to spread the wealth, now you got anything new to say?

Irrelevant. That enormous float of coins, minted in seconds, will all be going up for sale. Where do you think someone got 100,000 to unload at .00000000000009 or whatever ...

I mine 10,000 coins a day with my hashing power, so it wouldn't be hard to mine 100,000 coins in 10 days....

Fenican, I tried arguing this point in another thread and got nowhere. Some people still believe that somehow their faith in something can override reason and evidence.

Haha yes forex was a bad example, if you know what your doing Grin

but yes crypto and gambling same same.