Coins need more function than mining and trading at exchanges.
Agreed 100%
BitJohn, please explain to us the other functions behind CASH? You are behind that one, right?? (Nevermind, we know you won't admit to it...)
Behind it or supported it? I absolutely supported it even tried to help out early on made donations etc. Unfortunately there is no community support for non pre-mined coins (currently) It might survive it might not. The market will purge out the ones that don't belong with or without help really. I liked bottlecaps too heck most of the coins I liked early just didn't get the support. If a developer cannot or doesn't pay folks to develop services or develop their own a coin probably wont make it.
I support the idea and the experiment that is crypto currency and again I think any and all debate is healthy on the subject really.
Let me be more direct, did you or did you not work with a developer on the creation of CASH? Did you have any input on coin specs? Did you fund the development of the coin?
We on trial? I just told you I had great hopes for the coin 0 pre-mine fair release beyond being basically PPC with a different algo I liked the coins still hope it survives the onslaught. As far as funding it? Why would I fund a coin creating a coin is pretty easy. As I stated I made Bitcoin donations early on since I wanted to support a 0 pre-mine coin that was Proof of Stake coin because I like stake coins.
Do I support Shitcoin clean out no I would say not I fundamentally don't believe you can kill a coin if it has supporters. They fork it and give it another go I have stated this last time this type of thread came up BCX and I had a healthy discussion on it.
You want to stop the rush of coins being made? STOP buying them. Coins will be made until there is not a market for them that is how a free market works. Cryptsy allows you to hide all the coins and markets you don't want to see or trade. Why folks get so angry when others want to invest in something I'll never know. Cryptsy will delist coins that have little action or volume as folks have seen. Will it happen overnight? No of course not.
As far as dilution I still have yet to see any stat that supports it the only true trend is alts tied to bitcoin tend to follow exactly what that pairing does. Bitcoin down 75%-50% alts will follow that trend. The ones that resist that trend tend to be the top performers and are probably good buys. So I cannot wait to see how FIAT pairings to some of those alts affects that trend.
As far as coins that I have had actual ties in the community lets see WDC (I was a mod for a bit before Cryptsy), CAP's was conceived in Cryptsy Chat yes I was there and gave my opinion supported the foundation, Franko I support the collective they have great support and ideas, CASH I loved the name and jumped in on the ground supported the community for a bit. I still like all of those coins. Big fan of Sunny King and anything PoS. Hope that helps clear up my position.