There are far too many coins on the market now. Over a period of time the coins worth investing in will show their value and most of the developers that launched their coins for pump and dump purposes will simply make a bit of profit and then let their coin die.
Nice to see Kitteh still going but it will take something significant (other than catchy promotions) that will help elevate any coin. Dogecoin did it a year ago and cornered the "funny promotion" market. After its initial success its value dropped tremendously but when the bobsleigh team came along asking for Dogecoin donations, the price suddenly rocketed and then became steady again.
I wish Kitteh success but it has a lot of competition on its hand.
Nice to see Kitteh still going but it will take something significant (other than catchy promotions) that will help elevate any coin. Dogecoin did it a year ago and cornered the "funny promotion" market. After its initial success its value dropped tremendously but when the bobsleigh team came along asking for Dogecoin donations, the price suddenly rocketed and then became steady again.
I wish Kitteh success but it has a lot of competition on its hand.
read the book of wolong. The bobsleight team did nothing. Doge was all pump and dump at that time.
You say too many coins on the market. Right. But i see all exchanges empty and everyone on cryptsy. I had to fill the orderbooks on all the other exchanges yesterday because there were aboslutely no coins. All coins are in one marketplace (cryptsy).
Perfect to pump it actually. But it's not rational in any other sense. Try to get the trading decentral on more exchanges and it'll do better too
Right now 99,9% of volume is on cryptsy. Give other exchanges some love too