Quote from: PoolMinor on August 10, 2013, 11:10:51 PM

Quote from: Oldminer on August 10, 2013, 10:52:05 PM

The coins good for nothing but a 'pump 'n dump'. No services, no games, nothing. It seems these days all you have to do is bring out a coin with no premine (which are often used to provide services) and cryptsy will list it Roll Eyes

Says the coin with a premine of currently 7% of total outstanding. All these premine coins comparing the number of coins to the final tally in N years. What about right now or after the first year? If your coin has some great advantages people will support it without payment.

I do agree with it needing services, mainly a Block Explorer, which many coins lately do not seem to have or want. Perhaps these coins are trying to hide something?

I'll trade and mine a premined coin that offers goods & services over a no-premined scamcoin with no purpose (other than a pump 'n dump) anyday of the week. In fact, I did just that with GDC buying 1m coins from coins-e to dump on cryptsy. There is no other purpose for the coin IMO.

As it stands, GDC is worth LESS now since it hit cryptsy than it did when it was only listed on coins-e. Lets face it, why would anyone want to be holding them?