Post
Topic
Board Announcements (Altcoins)
Re: [ANN][YAC] YACoin ongoing development
by
Beave162
on 13/11/2013, 00:24:05 UTC
How long did it take for Bitcoin, Litecoin, and Novacoin to 'catch-on.'  I think we sometimes forget the coin is only 6 months old.


EDIT:  I emailed Cryptsy - YAC trading has been resumed.  Smiley

That's something I always tend to forget, but damm these few months were painfull.
Never saw it coming that such a great crypto could loose so fast so much ...

I too am very optimistic.  I think YACoin's crazy path so far is its greatest strength.  The concept behind most of the other alt coins has been to reproduce the opportunity to get-rich-quick as many of the early investors of bitcoin have enjoyed.  The problem is that that greedy mentality actually results in the opposite happening.  I believe once you see the NFactor change and GPU mining becomes futile, the price will skyrocket back.  I think the NUMBER of people with some amount of YACoin right now is large even compared to alts with a much greater marketcap at this point.