Post
Topic
Board Altcoin Discussion
Re: rpietila Altcoin Observer
by
illodin
on 04/08/2014, 16:56:11 UTC
All you really have to do is look at precedent we already have for coins where any hidden GPU miners are involved.  Every single one of those coins had apocalyptic price crashes from the initial price.  The coin is a complete gamble at the moment.  This concludes the XCN r0ach report.

This time it will be different.


Private GPU miner is extremely harmful for the economy, XCN community should get a public GPU miner ASAP.

Noo.. it's a way to pay that small group of display driver fiddling nerds the BTC they deserve for their skillz. Over and over again.

10 release/find a coin with a new exotic PoW algo
20 create optimized miner
30 mine shitloads
40 sell miner
50 dump coins
60 goto 10