Topic: ... - page 3. (Read 3047 times)
Scams and frauds are also happening with euros and dollars, shall we let them die out too ? Everything where money is flowing will attract scammers. The altcoin market is a great way to make innovations for cryptocurrencies and the money involved is a stimulant for people to improve their product. Just invest in the right coin and don't invest more than you can miss when things do get fishy.
Dead? I don't think so.
The new Goldcoin (GLD) client is going to get a lot of people's attention. It's basically Bitcoin 2.0.
https://www.gldtalk.org/index.php?topic=2616.0
The new Goldcoin (GLD) client is going to get a lot of people's attention. It's basically Bitcoin 2.0.
https://www.gldtalk.org/index.php?topic=2616.0
lol Java.
No.
What's wrong with Java?
I am not sure you can call a 500,000,000 USD part of cryptocurrencies "dead". But that is just my opinion...
That is one way to look at it.
Another way might be that 900+ coins pooled together only come to about 7% of the crypto market, with BTC being 93%. And, oh, by the way, LTC is just about half of that 7% and it's tough to make a strong case that LTC is on the rise. So, subtract out two coins and now you're talking about 900+ coins totalling $250mm and 3.5% of the market.
Dead? I don't think so.
The new Goldcoin (GLD) client is going to get a lot of people's attention. It's basically Bitcoin 2.0.
https://www.gldtalk.org/index.php?topic=2616.0
The new Goldcoin (GLD) client is going to get a lot of people's attention. It's basically Bitcoin 2.0.
https://www.gldtalk.org/index.php?topic=2616.0
lol Java.
No.
Dead? I don't think so.
The new Goldcoin (GLD) client is going to get a lot of people's attention. It's basically Bitcoin 2.0.
https://www.gldtalk.org/index.php?topic=2616.0
The new Goldcoin (GLD) client is going to get a lot of people's attention. It's basically Bitcoin 2.0.
https://www.gldtalk.org/index.php?topic=2616.0
sr. member
Activity: 448
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It's Money 2.0| It’s gold for nerds | It's Bitcoin
I agree with most of what you said, but the biggest interest to me is the experimental features people are adding. Clearly Bitcoin could use some improvements, but the core team is intentionally making slow progress to keep the ecosystem stable. Can't even imagine what the crypto scene is going to look like in 3-5 years 
Yes, the nice thing about alt-coins is that they provide real-life testing grounds for new ideas. I'd imagine that the Bitcoin market would actually be much weaker in its current state if none of these other ideas were explored.
I agree with most of what you said, but the biggest interest to me is the experimental features people are adding. Clearly Bitcoin could use some improvements, but the core team is intentionally making slow progress to keep the ecosystem stable. Can't even imagine what the crypto scene is going to look like in 3-5 years
I don't know if it is dead, but it reminds me of studying US auto manufacturing about 100 years ago.
Believe it or not, there were even MORE auto manufacturers in the early 20th Century than there are altcoins now. Here is a list:
http://en.wikipedia.org/wiki/List_of_defunct_automobile_manufacturers_of_the_United_States
Eventually, that list of probably 1500+ manufacturers consolidated down to basically three--Ford, Chrysler, GM--for most of the last 80 years. Just like auto manufacturing which had a bunch of small-timers making cars in their garage, we've got some small-time altcoins being issued right now. They won't have manufacturing scale issues like the car makers did, but they sure will have issues with product differentiation, education, and lack of standardization.
My guess is that there will eventually be 3-5 alts that separate themselves from the rest and stand the test of time. Again, there are some differences. Car makers need lots of capital. There is also a lot of overhead with a manufacturing facility. Altcoins that do not add value to the ecosystem can probably hang on a lot longer than an auto manufacturer with similar issues. Innovation in crypto can probably happen at a faster rate. But eventually, this market will consolidate massively.
Believe it or not, there were even MORE auto manufacturers in the early 20th Century than there are altcoins now. Here is a list:
http://en.wikipedia.org/wiki/List_of_defunct_automobile_manufacturers_of_the_United_States
Eventually, that list of probably 1500+ manufacturers consolidated down to basically three--Ford, Chrysler, GM--for most of the last 80 years. Just like auto manufacturing which had a bunch of small-timers making cars in their garage, we've got some small-time altcoins being issued right now. They won't have manufacturing scale issues like the car makers did, but they sure will have issues with product differentiation, education, and lack of standardization.
My guess is that there will eventually be 3-5 alts that separate themselves from the rest and stand the test of time. Again, there are some differences. Car makers need lots of capital. There is also a lot of overhead with a manufacturing facility. Altcoins that do not add value to the ecosystem can probably hang on a lot longer than an auto manufacturer with similar issues. Innovation in crypto can probably happen at a faster rate. But eventually, this market will consolidate massively.
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