Post
Topic
Board Altcoin Discussion
Re: altcoins are all dead
by
eddilicious
on 18/03/2014, 02:54:39 UTC

Busting my ass at work everyday to pay my $550/mo electric bill, and pay for $1000s in hardware is labor.

And I'm going to work everyday and risking my paycheck to buy expensive coins with no guarantee I'll profit, how is me buying a POS coin somehow more "socialist", traders actually take the bigger risk because we don't have a little mathematical formula and website telling us what coin to buy and dump to break even on a daily basis.

let us look how bitcoin helps late adopters, when cgminer came out, gpu'ers mined all fresh coins; when asic came out, the first ones got all fresh mined coins; when erupter blade came out, the highest payer mined all fresh coins. I am not a fan of btc, b/c I think it should die now, with so many problems. but that is one thing it did right to survive.

It always gives late adopters an opportunity to beat the system.

for POS coins, where is the future for late adopters? say 4 years from now.