Quote from: jtrx. on May 20, 2014, 11:48:16 PM

Quote from: CoinsInTheCan on May 20, 2014, 08:42:03 PM

Quote from: ranlo on May 20, 2014, 06:15:34 PM

Quote from: poornamelessme on May 20, 2014, 06:07:15 PM

Quote from: ranlo on May 20, 2014, 05:52:41 PM

People just don't care. Some of them are going to every single IPO to claim free stakes, then sell them for a dollar or so and move on to the next one. This is a huge issue with the freely distributed coins.

I just find that a completely idiotic mindset. I mean, if a dev abandoned a coin, or if the coin was clearly worthless, then I guess selling a cheap freebie is no big deal. But this coin is already on a real exchange, making moves for larger exchanges... it's stupid to sell at current prices.

It's not like it has languished on allcrypt for 4 months and people are just taking what they can. I wish people would use common sense. That free dollar now could be $100+ several weeks from now. I guess a coin needs a bit of turnover anyway though... weak hands and all that...

Well, look at the bright side. If you believe in a coin and people are dumping it, you can buy in cheap and make MASSIVE profits from it. Let people do what they want; just capitalize on it,

.

+1

That's how the distribution goes. Most impatient people sell to next ones and they sell on a little higher prize.... and finally those who had the most patient will get highest reward, just like with BTC, LTC ... Do i need to continue the list ?

please, continue... (for altcoins)

At least NXT went from bottom to top-5 today (73 --> 35000 users), also Darkcoin and Blackoin afaik went similar root. Don't know how many others, but i assume most coins that gets to top starts from much lower cap and along the way distribution gets better and better. Quite predictibul and almost boring...