Let's not pretend this isn't happening with almost every other new shitcoin that gets branded "the next big thing". Just a bunch of worthless penny stocks pumped by dumpers itching to make another wave of newbies bagholders.
"Doge Scheme" coins
On one hand, I can agree with you that that's a hypocrisy to pretend every time there are a brand new coin that it's an innovative coin but, IMO, there can be some exceptions because if every new coin is a scam than why many people invest in it?? I think here is the same situation as it was in the wild west during the gold rush when people were looking for gold mines - there are a lot of coins but only a few of them would worth something and,maybe, could even fight with BTC
Half of it is caused by people bigging up the coin, knowing full well it's "just another coin", and the other half are comprised of those who genuinely buy into the premise. So one side dumps onto the bag holders. You see it time and time again. This is why long-dead coins end up with a strong core following, even after the price has hit rock-bottom. Only the faithful remain. The "traders" have already moved on to the next coin. Cycle continues.
Well, I still believe that there are some coins out of the circle and they are going to become more than BTC's surrogate , and my aim is try to guess what is that coin and invest in it in time.
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BoardAnnouncements (Altcoins)
Re: [BCN] Bytecoin. Secure, private, untraceable since 2012
Modern economists prefer diversification of their own risk. It's mean that even if they put some money on things that will fail and their money will pass away - they still got something in the pocket.
I think it's wise to diversify your investment portfolio to hedge your funds from fails. But unlike real world in crypto currency world people usually invest in coins with similar features and often the coins with common features are based on one algo. In the world of fiat if you want to hedge your funds you should invest in different financial instruments most of which are shares of companies from different spheres (communication, oil, airline, etc)
I understand you and I can understand the concept of how algo works but even with the same algo different currencies have the different tend, am I right? Or you can even take some money back and invest it in spheres that you give us here (communication, oil, airline, etc).
TBH, that's disputed issue of the relationship between algo of the coin and trend. Not far to seek is the correlation between Bitcoins and monero - as BTC is going down XMR prices is also going down. At the same time, BCN and Dogecoin have inverse correlation and that's why they are good investments because if you have BTC and price grows than you don't need another coins, but when the price drops you'd better to have coin which doesn't depend on BTC price
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Topic
BoardAnnouncements (Altcoins)
Re: [BCN] Bytecoin. Secure, private, untraceable since 2012
Modern economists prefer diversification of their own risk. It's mean that even if they put some money on things that will fail and their money will pass away - they still got something in the pocket.
I think it's wise to diversify your investment portfolio to hedge your funds from fails. But unlike real world in crypto currency world people usually invest in coins with similar features and often the coins with common features are based on one algo. In the world of fiat if you want to hedge your funds you should invest in different financial instruments most of which are shares of companies from different spheres (communication, oil, airline, etc)
Have read a little bit about the coin and it seems to me it has only pros and no cons. I am suspicious when there is no cons. Maybe I haven't just mentioned the disadvantages of the coin.
Would love a mac version, I know you say it's not in development, but i really think it would be a killer move. Most traders use macs because of their security if you get this done, expect the price of qtl to x10.
+1 I always keep mac and use it for trading during a day. I also think it would be good to develop mac version
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BoardScam Accusations
Re: digitalindustry aka kolin evans busted on planning a scam
Let's not pretend this isn't happening with almost every other new shitcoin that gets branded "the next big thing". Just a bunch of worthless penny stocks pumped by dumpers itching to make another wave of newbies bagholders.
"Doge Scheme" coins
On one hand, I can agree with you that that's a hypocrisy to pretend every time there are a brand new coin that it's an innovative coin but, IMO, there can be some exceptions because if every new coin is a scam than why many people invest in it?? I think here is the same situation as it was in the wild west during the gold rush when people were looking for gold mines - there are a lot of coins but only a few of them would worth something and,maybe, could even fight with BTC
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Topic
BoardScam Accusations
Re: digitalindustry aka kolin evans busted on planning a scam
by
Garryashas
on 14/09/2014, 13:43:26 UTC
WARNING!!! A scammer has been caught
I am not surprised to see a scammer here, I am quite surprised in a good way that there is people who don't apply such offers and, furthermore, shares the information with others
Ok, so CryptoBithereumDarkSharesLite is now available if anybody wants to us it.
I could hardly read it
IMO this is the worst name I have ever heard for a coin!
Why are you taking so long to decide what name to choose and what then will be in the future when you decide whether to add or not some features to the coin???!
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BoardAltcoin Discussion
Re: Cryptonite name change poll
by
Garryashas
on 01/09/2014, 08:46:00 UTC
I think option 1 isn't good as it may confuse people whatever you are talking about - a coin or an algorithm. If you'd like to know my point of view - I'd say that Minicoin is good name for a coin. Diminutive Coin sounds a lit bit pathetic. Minicoin sounds much better.
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BoardAltcoin Discussion
Re: Bytecoin [BCN] vs MONERO [XMR] who will be the winner in the Cryptonote War
by
Garryashas
on 26/06/2014, 14:27:41 UTC
If Monero guyss skills are not enough to create a decent site how they can create well-working coin??
There are 3 translations on http://www.monero.cc/... And we cant find what youre looking for. Nothing. It doesnt seem they really want big future for their coin. Design is absent. This is not enough to make a white paper for your site.
I got 32GB of RAM , just waiting for it to download and see whats special in it .
Yeah do tell us if you find some aliens there.. ! the chances or on lower side as compared to mars but give it a shot, you might find something worth taking a note..!
Yes , I am curious about 500MB size of the image . I wonder if there are any this much size images of other planets as well. Looks like will have to use some Google Fu skills .
I'd love to see more as well. Also, I'd have to hook up to a 40-80" screen HD tv to really enjoy the image/images as 1280x1024 monitor SUCKS.
Even 1080p monitor sucks for this kind of image. Agree about the 80" screen TV.
Ultra-HD will be able to do justice to this image.