Post
Topic
Board Altcoin Discussion
Re: altcoins are all dead
by
kelsey
on 16/03/2014, 05:37:40 UTC
Look at the long-term graph for any old coin that is on Cryptsy, they were all dying, getter lower and lower from September to November. Then you know what happened. Just sayin' Smiley


Yes they then exploded due to articles in the NYTimes and Wall Street Journal etc brought new money in, now it seems the only money goes to the latest pump n dump scam...........

cryptsy plan to add new take out old will just create a cycle where only money can be made by those in and out of the new coins as quick as they can then move to the next......that game will only ever last a few rounds, too many people get burnt and leave.


thats a win lose model...that leads to a lose lose model

yet it is possible to have a win win model.

Indeed cryptos look bleak right now, but I'm sure the media is not finished talking about them. They're still in their infancy, hence the apparent risks. But I believe Wink

Seems the buyers prior to sept where from the lets pick a coin with a quality dev team behind, hold for a year or 2 and maybe we'll have another litcoin.

Since then though the new money seems to want to just be in a pump coin and if its not moving after a few days they panic.

Personally I've been buying up the older more established coins, but almost seems like I'm the only one Smiley fortune favors the brave Wink and did work great for me sept/oct last bear.