Because there's more than just price, perhaps the idea that your dev doesn't just implement one trick but continues to evolve, and the amount of coins in total, the acceptance of coins, and usually it depends on how many coins you already have Several coins have the same features, some were first, others did it better, and some... can safely be ignored.

Worst is that these are grown up fools with too much money on their hands... Few kids can play pump and dump, it requires at least several bitcoins firepower. However if all other buyers are smart enough, there's nothing but losses for them, so I'm not too worried. It's the market that is still in its infancy, when it grows, most problems disappear.

Manipulation of a big whale probably, trying to get some cheaper coins. But it might also be some who want to get out... Which I think is weird, the amount of coins is now limited, so there's no way back in if you change your mind. With all the potential there is, I'll stay put for another week

Ah, but that's at current price. The first bitcoins were worthless as well. If you add value, the price may suddenly explode Get the concept working and you might be smiling to $1M or more. Just don't be hasty, and make sure it keeps working. Technically this is the ultimate reward method, if you are greedy, you check out right now, get a few k, and that's the end of it (and the coin). Invest time and work, and your rewards will follow suit. It's a pity I'm not yet good enough to pull something like this off, or I'd jump in.

May take a while, but this summer is still long

As for idiots, there's too many. Find a way to educate them, and they'll find you a dumber idiot who still doesn't understand it. Simply tell em once, and after that, everyone knows enough already.

Someone who seems to have secured his own anonymity  

Poloniex says yes: https://poloniex.com/exchange/btc_x13 (Although that looks like plain X13coin, SUM2 might take a while... I'm getting lost with all those new coins popping up 3 times a day)

We may, but few if any will reach a decent marketcap, they'll die before the owners even got some cash out of it before the month is much older. The amount of fools with money is larger than I expected (yes I know... my fault), but soon most will tire of the game, and quit believing in the next big thing.

There's tons of good coins with potential... going down by the dozen. Most devs rather set up their own than being bound hands and feet by some visionaries that screw up technical progress...

Use the source, Luke...

But most coins either need hard forking to implement chances (requiring massive support from followers), which works best if you have access to their GitHub account. That requires a password, so you do the math.

I am likewise astounded by the number of people who invest in injust promises. Most IPOs are not that, these are just calls for investment without showing anything in return. Most companies that do an IPO have verifyable knowledge, a solid plan, and usually a guy or 2 you can sue if they screw up or disappear. Not so much in cryptoland, where we just get a one-page post of marketing ramble, and folks send their bitcoins to them. I can create 5 IPOs before lunch, and automatize most of it if I want to.

There's too many fools, and they still seem to have money. I'm not against regulation to protect them, but don't think it's the solution either. Inform them, gather statistics (some here shout 90% of IPOs is a scam... few aren't, the coin just didn't rise above 1sat long enough. They still have the IPOcoins, but those are worthless now. Scammed? Nope. Although it feels sour)

Guys, you are forgetting one thing... You can never keep up with all the crapcoins that are still invented 5 per minute. The best thing you can do is find coins that do add something new, and list those. Find out what is going forwards in the market, don't sift through all the junk, you'd get dirty before you're halfway.

It's not a return unless you check out. Until then it's just potential... air.

You technically can make an ASIC for anything, but... in some cases it's just plain stupidity. For most algos, ASIC-capability was actually a design criterium, so I won't blame them for being implemented. For some, the memory constraints alone make it a less interesting proposal (scrypt for example, with scrypt-n being a further development), but it's still possible. However, there are quite some algos that for now run mostly on CPUs, even with programmable GPUs all over the place, and enough greedy developers to get it working. Why? Because you'd have to design the whole thing from scratch, using functions that are very very slow on a GPU (random memory access, pointer chasing) and probably by the time you finally made the super-ASIC for it... the algo is out of favour.

Personally I will not focus on scrypt ASICs, I'll just move on to the next type of coin with my GPUs. The ones deciding the value of coins (those who spend money on them) will follow suit, probably. Pay2win has never been the idea of cryptocoins, even though that became reality the past months... The problem with pay2win is that someone else will throw more money at it than you can, and you're out of the game.

Well, let's say he made more off it than I do in quite a few months... 'Stupid' though he may be, he's laughing all the way to a nice warm island.

Just relax, there's sell walls every 100 sat or so. They'll disappear in time, since the whales trying to refill them are out of the game already

Hmmm did I just read ASIC-resistance and SHA3 in 1 sentence? My dear gentlemen, please do read up on SHA3 before stating such things... All SHA-algorithms are designed to be implemented in hardware, read: ASIC.

If someone's pushing it down he's doing a lousy job, hashrate is going up slowly. We're reaching the gigahash now, which for me makes solo-mining a sad business...
ps. most pools have separate front-ends, which can be DDoSed, but back-ends tend to be more resilient...

So even when you risk an IPO, which requires a decent team and people to have some faith in you, you still work with an incapable team, a dev you've probably never worked with before, and who has no clue what he's doing... Oh, and you don't pay attention to other launches, because you're at least the 3rd with a runaway dev...

Personally I really wonder why people believe in premines, IPOs and other stuff that requires you to just trust a guy you've never seen or heard of, with a probably fake nick, and no way to find out who it was. Ideas are just that, ideas... If you're willing to pay for them I have a billion shitty ones

Just need a fair distributing fund for those without good computers... You can deposit coins in my wallet (cleverly disguised as separate receiving address), I promise not to run off with them (or at least not to tell you I did).