Topic: 2017: The Year of Anonymous Coins - page 2. (Read 2459 times)

2017 maybe people will jump to TBC

I for one truly hope that 2017 will be the year that pump and dump alts and ICOs stop plying their trade (and hopefully the Average Joe wisens up).

I also hope it is the year that the big guns in bitcoin come out a bit more publicly with gentler and simpler tones - more people globally have to be brought into the fold. The technical experts cannot continue to look upon the rest with disdain, while taking advantage of them for profit.

OP said that 2017 will not be Year of ICOs, but also mentioned Komodo that is an ICO. Also DASH, ZCash and ZCoin that have a ,however you want to call it, premine.  I dont know much of other mentioned coins.

About anonymous coins and about a  Year 2017 i could say this.   I think 2017 year will be year of Bitcoin 2.0 so all those platforms that was made in last few years need to flourish in 2017. Counterparty, Omni, Bitshares, Ethereum, ...  I am sure i missed more then half. Each of this platforms will have almost weekly announcements of new users using their platforms. If not, they failed in last years.


I can go on to Year 2018.  In year 2018 all those ICOs started in 2016 should start showing profit. Only the ones that will survive 2017. So year 2018 will be Year of the ICOs.


To return to anonymous coins. Anonymity is really not important right now. Rare realy care of it. Most care just to transact as cheap as posible. But that will change when next financial crisis hit and banks close their doors and decide to take all savings to those that have to much. One or 2 years after next financial crisis hits in will be The Year of Anonymous Coins. When will that be? 2019, 2020, 2020 or even latter. Who knows?

I wish to see that. I wish too see only useful new coins released, no more clones just because it can be done...

But (to lesser extend) that's even true for bitcoin.  The part of "real use" of crypto is minuscule as compared to the market cap, mainly sustained by traders on exchanges.

2017 has to be the year of useful coins, people tire of alts because they really have no use for them, most of them offer nothing new under the sun.
It's always the same re-branded ideas with new techno babble, and the same suckers running from shitcoin to shitcoin to make some money off the hype.
 But at the end of the day they're still completely useless besides trading them, and no one wants to get caught holding the bag of useless shitcoins.

Also had big interesting on this coin,this coin is a game changer,I'm not hyping this coin or whatever I've been looking for a zcash clone that can solve all of it's weakness with equal distribution and it seems this coin will be a stand out in the anonymous coins ..

Agree with this, take a look to Ebitz, I think will be the big surprise of the next year.

I believe the hype will start in 2017, interesting to watch which coins will suceed.

I don't think all these Anonymous hype will be sustainable and I can see the hype die down in 2017, what we need is a decentralised exchange, once we have one that can sustain large volume all the hype about decentralise token will be off. Just look at it, how many one us have actually use these tokens for any transaction if not Bitcoin

If there's one thing I think that bitcoin totally failed, it is what is called here "anonymity".  Bitcoin has a cruel lack of anonymity.  People are not yet feeling it, but it will blow in their face if ever bitcoin gets adopted beyond the circle of a few geeks and a lot of traders.

Now, when one says this, there are always reactions of "true anonymity is impossible" and "do you really think that the government is not watching you" and so on.   It is absolutely true that perfect anonymity cannot be attained, but that's not the point.  The real point is that bitcoin like open ledger currencies are WAY, WAY WAY less anonymous/private than all the payment methods that we've been using up to now, whether it is cash, gold, and *even* bank accounts.

The problem is that people associate "anonymity" with "crime" but that's not the point.  First of all, SOME crime must be possible, because this is the only way for society to evolve, and it is the only way to have hope to overthow dictators.  If law enforcement is perfect, no evolution of society is possible, because the smallest deviation from the norm will immediately and totally be eliminated by that perfect law enforcement.  If the law enforcement against homosexuality in the UK before the 50-ies were perfectly enforced, then there wouldn't have been any homosexuals out of prison that could have plead for the recognition of the rights of homosexuals.  Probably with (soft) drugs, things will go that way too.   So the fact that "anonymity" can help some crime to escape law enforcement is a good thing in itself.

The real problem with open ledgers is that all of your financial history is there for everybody to read, if they obtain some very partial knowledge of your transactions, by chain analysis.  Never in history there has been such a LACK of privacy and anonymity.  Never in history, just any mortal on earth could trace back how a coin got into your hands from its creation.  Even bank accounts don't allow for that.  Every bank only knows part of the history, and keeps it private from others up to a point.  At no point, such a terrible lack in anonymity and privacy occurred for intrinsically private matters relating to financial transactions.

What "anonymous" coins try to do, is to make it simply somewhat more difficult and to return partly to the usual situation where not everybody has access to all financial motions of everybody.  That's on a totally different level than trying to be absolutely anonymous when financing a covert terrorist organisation trying to develop secretly a new nuclear or biological weapon (which will indeed be very difficult to do - and happily so).

There is a huge NEED for somewhat more anonymity, fungibility and privacy in "block chain money" because the way bitcoin is doing it, is totally an open book for everyone to see, which is terrible.

You forgot about some other fact if a lot of coins had been made for snatch the money.
It has gone outside from his first purpose, right?

It's privacy. The legislation has got intervention by them. Speak about legislation like talk about the government's command.

Anon coins have their place, maybe 5-10% of crypto tx need to be anon for various reasons...
So you got a very crowded field fighting over a tiny slice of the pie.

Also, ETH will implement zero knowledge anon within 6 months. Who will need "garage" anon coins then?
So avoid Tier 2 players, unless they are doing something unique (not cool "features", but a unique idea).

Unless crypto starts generating REVENUE it's all about trading in and out of Bubbles...
So look for p2p storage, VPN, torrent, prediction markets, poker, games, anything-that-generates revenue...
Most of that is being built on platforms like Ethereum... "garage" networks will not magically grow to 10,000 nodes, ever.

I would mention "social media", but Steemit has fucked that up so bad... avoid x 1000.

So 2017 will be the year of Crypto Revenue... "networks to nowhere" will begin to fade away.

@maku. You said that "To be useful, to be used and mass adoption is (or should be) main goal of every coin."

I disagree with your statement. It is already being revealed that going after the holy grail that is mass adoption from the mainstream was only used to hype many coins with the development team themselves knowing that it was a long shot and a very ambitious goal. It is time for cryptocoins to get back to the basics and do what it does best. Become a medium of exchange for unregulated and illegal markets. That is the market that credit cards cannot reach and cryptocoins could get into.

I think that fully anonymous coins are a dead end of crypto evolution and people are soon gonna realize that.
Let's think for a moment, what are the reason coins are created? To be useful, to be used and mass adoption is (or should be) main goal of every coin.
Bitcoin has trouble with legislation because it is perceived as anonymous (in reality it isn't, but that is not the point).
Do you think that any of fully anonymous coins will reach even 1st base of adoption scale?

Bitcoin start from 2009 had flagged the anonymous knowledge. In the future, the comprehension of anonymous was getting forward and people start for realizing to call bitcoin is anonymous it was failing.
Let's telling the truth if there is no anonymous hype at the first alt has created and the anonym characteristic already there in itself.

Wail, how you gonna hide yo crypto from the gubmn'ment?  Can't do it too hot with bitcoin.  People sayz Dash is anonymous, but I don't know.  How anyone gonna buy Dash anonymously except in person.  You pay wit PayPal, they know.  You pay with bank account, they know.  You pay some fool at a Starbucks, they got cameras on you da whole time.  Ain't no way in this here crazy world you gon' stay anonymous.

@CoM1ner. I disagree with you. Anonymous coins have already been hyped before. Do you remember the stealthcoin and shadowcoin pumps that were made 2 or 3 years ago? In 2017 I speculate that we would enter an era of value where the people will finally realize that bitcoin is indeed the only coin worthy as a store of value. If you see it the right way, all these "altcoiners" convert their coins to bitcoins. Most of their altcoins do not leave the exchange. So what does that really make them? Closet bitcoiners?