Post
Topic
Board Altcoin Discussion
Re: rpietila Altcoin Observer
by
darkota
on 04/07/2014, 16:09:43 UTC
Explain this to me: Why is it that the market doesn't trust Monero if it has so solid fundamentals? Why is it that 100% instamined PoW/PoS hybrids appear out of nowhere, and just by being based on the Bitcoin codebase are able to out-perform the marketcap of Monero in a few days or weeks? This shouldn't even be possible.

4    Darkcoin   $ 34,537,954   $ 7.78   4,439,477 DRK
11    Bytecoin (BCN)   $ 8,974,931   $ 0.000057   156,920,284,106 BCN      
13    VeriCoin   $ 7,597,613   $ 0.283679   26,782,417 VRC
15    XC   $ 6,451,500   $ 1.17   5,515,507 XC
17    Monero   $ 5,080,622   $ 2.72   1,867,647 XMR

Because of the propaganda.

Those coins you mention have an army of people convincing noobs to what they want. All X11 coins are essentially a  scam. Instamine aside, I think that most of the GPU miners of those coins didn't yet figured out that they are fighting against FPGAs.

That^

Big investors usually look for easy-quick-scam coins to pump and dump in an instant. All those coins, XC, Vericoin, Cloakcoin, Veilcoin, Supercoin, etc etc lol, are Pumps and Dumps only.