Quote:
Originally Posted by jscott
those call it shitcoin ... sad ppl who still havent turned a profit. if so shit and ur so smart yet still havent turned a profit ... funny lol
continue calling it shit and making no money you sad pitoful people
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Those who use the term shitcoin recognise that the majority of coins have zero innovation and zero utility, and are just created to try to make the 'developers' rich. There's only a few that have done something different/first (eg Litecoin with quicker block times), or new (Peercoin, Proof of Stake). These days for a minor fee a coin creation service can automatically push out a new shitcoin in a few minutes.
Most of the coins I mine cannot be used to buy goods or services, or really do anything useful, besides price speculation via an exchange.
