All alts going crazy, people are fed up!!!!

mtnsaa

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Quote from: Pab on January 31, 2016, 07:21:47 PM

I can agree about Etherum but Riple is banks coin premined and printed,Digibyte is small coin.Future is EmerCoin.Dogecoin is always doge.Will be pumped dumped many times and will stay for long

Digibyte may be a small coin but it has it aims to be used by actual people, in gaming, online stores, tips, real life applications, it's trying to actually get people to use it and be much more user friendly than Bitcoin. I agree with Ripple, it is something I'm not interested in but I can see how it can be appealing in the corporate and banking world. Doge is just p&d as you said.

EmerCoin is a another great project indeed. I feel that Bitcoin couldn't make the jump to real world use, it is mostly all speculation and nerd stuff, even if it was in a small niche, it couldn't become the standard for anything. For example gambling, Bitcoin should be the best option for online gambling since users won't need to enter credit card or bank information, easy to withdraw, etc. But even if it has some great options it's just didn't catch on. There are many other examples and uses like this that could be cited.

Pab

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I can agree about Etherum but Riple is banks coin premined and printed,Digibyte is small coin.Future is EmerCoin.Dogecoin is always doge.Will be pumped dumped many times and will stay for long

DaveJones

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Most alts trade against BTC. It reinfoces BTC as a reserve currency.

Exchanges are making money, people are gambling away. What's the issue?

mtnsaa

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Quote from: Kevin77 on January 31, 2016, 02:59:20 PM

Quote from: mtnsaa on January 31, 2016, 02:21:16 AM

There are plenty of projects that are taking the spotlight from Bitcoin right now. Ethereum, Maid, Ripple and others just promise the future and very exciting things while Bitcoin is already the past sadly, it just can't shake its tainted image and it never created actual demand.

Ripple has lost its charm long back and the craze it had before its launch doesn't exist today as far as I can see. Also, the other coins are fading and only the owners are trying to make the price increase. I don't think it's wise to invest in any altcoin till it remains stable for a year or more.

Still, those projects (I don't hold Ripple) have much more to offer than Bitcoin. I'm not saying it's dead, Bitcoin at the very least will be used as a gateway and it has proven its worth over the years, it may have flaws but it has been fully tested. Anyway, Ethereum and Maid have a lot of things going for them and they are about to release betas and upgrades of their respective platforms. Another great stable project is Digibyte which is basically Bitcoin done a whole lot better without the issues and annoyances, plus smart contracts.

I'm not saying one of them will take Bitcoin place, I'm saying Bitcoin is losing terrain and new projects are coming in. Sadly Bitcoin image has been tainted let's be honest, Hearn had some truth behind his words, that's why it had so much impact. Bitcoin hasn't created any actual demand from the mainstream and its technology while completely unique and innovative is already old. Bitcoin was the first step but it's just losing steam unless it can generate more interest from common users or give solutions to actual problems, that's just the way it is.

rekinthis

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thats a good thing isnt it? i think that the price of it will keep on growing a lot

liquidiser

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Quote from: Amph on January 31, 2016, 01:26:52 PM

Quote from: MatTheCat on January 31, 2016, 01:17:56 PM

Quote from: liquidiser on January 31, 2016, 11:27:37 AM

I think the altcoin market was pumped by Chinese whales, and now they are dumping it to make money before their New Year holiday. They pump it every so often, and I don't think the state of bitcoin matters to them when they pump. They completely manipulate some altcoin markets.

Altcoins..pumped by Chinese Whales?

c'mon man...10 BTC worth of trade is enough to pump some of these Alts 1000%. BTC 'whales' aren't pumping Alts.

you need some more for the top altcoin, for the top 10 at least, 10 btc will not do anything

so yeah maybe some small whale is pumping the strongest altcoin, while bitcoin faces some stagnation

remember that money always moves, if you see stagnation in one place is because they are on something else

Ybcoin had over two million dollars pumped into it, and it only had that volume on Yuanbaohui and BTC38 which are both Chinese exchanges. Now the buy orders have built up its being dumped, its already lost half its peak value. Anyone with over two million dollars of bitcoins to pump a coin with is a whale in my book. Those same whales probably also speculate on bitcoin when its volatile. As you say money always moves.

Kevin77

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Quote from: mtnsaa on January 31, 2016, 02:21:16 AM

There are plenty of projects that are taking the spotlight from Bitcoin right now. Ethereum, Maid, Ripple and others just promise the future and very exciting things while Bitcoin is already the past sadly, it just can't shake its tainted image and it never created actual demand.

Ripple has lost its charm long back and the craze it had before its launch doesn't exist today as far as I can see. Also, the other coins are fading and only the owners are trying to make the price increase. I don't think it's wise to invest in any altcoin till it remains stable for a year or more.

Biodom

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no doubt, eth benefited from the bitcoin conflict, however, it still has a tiny market cap.
personally, I think that it is prudent to get eth in numbers equivalent to your btc %.
IF you have 10 BTC, it would be 10X[90/21]=~43Eth where 90/21 is eth/btc eventual proportion in numbers.
43 eth is just 0.255 btc or $96
This would be a hedge in case of unlikely failure of btc and subsequent ethereum (eth) dominance.

Amph

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Quote from: MatTheCat on January 31, 2016, 01:17:56 PM

Quote from: liquidiser on January 31, 2016, 11:27:37 AM

I think the altcoin market was pumped by Chinese whales, and now they are dumping it to make money before their New Year holiday. They pump it every so often, and I don't think the state of bitcoin matters to them when they pump. They completely manipulate some altcoin markets.

Altcoins..pumped by Chinese Whales?

c'mon man...10 BTC worth of trade is enough to pump some of these Alts 1000%. BTC 'whales' aren't pumping Alts.

you need some more for the top altcoin, for the top 10 at least, 10 btc will not do anything

so yeah maybe some small whale is pumping the strongest altcoin, while bitcoin faces some stagnation

remember that money always moves, if you see stagnation in one place is because they are on something else

MatTheCat

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Quote from: liquidiser on January 31, 2016, 11:27:37 AM

I think the altcoin market was pumped by Chinese whales, and now they are dumping it to make money before their New Year holiday. They pump it every so often, and I don't think the state of bitcoin matters to them when they pump. They completely manipulate some altcoin markets.

Altcoins..pumped by Chinese Whales?

c'mon man...10 BTC worth of trade is enough to pump some of these Alts 1000%. BTC 'whales' aren't pumping Alts.

takingthis4

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i think its good for the people who own a lot of altcoins, unfortunately i sold it all a few months back

liquidiser

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Quote from: The Sceptical Chymist on January 30, 2016, 11:45:47 PM

Quote from: Cryptology on January 27, 2016, 12:09:09 AM

Correct. The more fighting and discussion there is the lower the price will go. Hopefully we will not have to see an altcoin taking over Bitcoin's capitalization for a change to happen.

On the other hand you can see the present situation as a good buying opportunity. If a consensus is found and Bitcoin does not fall apart that will be a massive catalyst for a bull run.

Yeah, I doubt that's going to happen. Which one of the hundreds out there would one choose for a bitcoin replacement? Maybe a little bit of all of them? The altcoin market has cooled back down a lot in the past few days, and I'm not sure what was driving it anyway. I really don't think it was "fighting and discussion", I think it was speculation about the fighting and discussion done by people who were doing neither one of those things.

I think the altcoin market was pumped by Chinese whales, and now they are dumping it to make money before their New Year holiday. They pump it every so often, and I don't think the state of bitcoin matters to them when they pump. They completely manipulate some altcoin markets.

Windpower

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Quote from: hector3115 on January 26, 2016, 11:42:15 PM

Look at http://coinmarketcap.com/

Lots of money pouring into alts due to this ridiculous blocksize debate.

Needs to get fixed soon.

Well it looks like it is going to continue because nothing is going to be done about the blocksize limit.

mtnsaa

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There are plenty of projects that are taking the spotlight from Bitcoin right now. Ethereum, Maid, Ripple and others just promise the future and very exciting things while Bitcoin is already the past sadly, it just can't shake its tainted image and it never created actual demand.

The Sceptical Chymist

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Quote from: Cryptology on January 27, 2016, 12:09:09 AM

Correct. The more fighting and discussion there is the lower the price will go. Hopefully we will not have to see an altcoin taking over Bitcoin's capitalization for a change to happen.

On the other hand you can see the present situation as a good buying opportunity. If a consensus is found and Bitcoin does not fall apart that will be a massive catalyst for a bull run.

Yeah, I doubt that's going to happen. Which one of the hundreds out there would one choose for a bitcoin replacement? Maybe a little bit of all of them? The altcoin market has cooled back down a lot in the past few days, and I'm not sure what was driving it anyway. I really don't think it was "fighting and discussion", I think it was speculation about the fighting and discussion done by people who were doing neither one of those things.

futureofbitcoin

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Quote from: gentlemand on January 30, 2016, 10:56:30 AM

Eth, dash, monerobare different but not different enough for me to be convinced they'd forge a brave new future alone. The incentive is there for people to stick similar functionality on top of btc. Dunno how possible that is but it makes more sense. Every single thing on the market is pretty darned similar at heart and that's why i don't see how anything that comes out of this little corner of internetland will overtake it. As others have said if there is to be a successor it won't come from here.

Not so much a successor, but a compliment. Although I think you may be right that DASH/Monero etc have not differentiated themselves enough and also have some problems of their own; so they might not be the ones that succeed.

But I would not be surprised in the scenario that bitcoin does "go to the moon", is used widely, possibly replacing fiat in certain places/situations (no way it's going to kill all fiat LOL), that there are still other crypto-like currency that are a significant fraction of the crypto market, or even as big as bitcoin, because of its unique applications.

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Eth, dash, monerobare different but not different enough for me to be convinced they'd forge a brave new future alone. The incentive is there for people to stick similar functionality on top of btc. Dunno how possible that is but it makes more sense. Every single thing on the market is pretty darned similar at heart and that's why i don't see how anything that comes out of this little corner of internetland will overtake it. As others have said if there is to be a successor it won't come from here.

greBit

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All alts are going crazy, this statement has just come into existence just due to the fall in price in most of the alternative coins in use over these days. Bitcoin has made such a scenario due to the market fall. This situation can be changed over the coming days

futureofbitcoin

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Quote from: gentlemand on January 28, 2016, 07:26:48 PM

I think the metals analogy is utter twaddle. The metals have fundamentally different purposes. That's why they each have their value and separate markets. All crypto is pretty much the same with a few minuscule tweaks here and there.

If a bacteria suddenly started eating the Earth's gold, silver would still chug along as it has actual uses beyond speculation. I don't think the same would happen if BTC died.

If you think about it, gold is pretty worthless. It really doesn't have many uses, beyond jewelry. Much less than silver, for sure. I really can't understand the people who think gold has some "intrinsic value".

But while I agree that if bitcoin fails spectacularly, other crypto will fail too. But they do have different purposes.

There's ethereum, which tries to function as a kind of programming platform for future DACs, instead of being a pure currency.

There's also DASH/Monero, which I personally am very optimistic about, because of its absolute anonymity. Just think about how many rich people there are in the world, who needs a way to store their money completely anonymously. Lottery winners who want to remain anonymous, for example. People who do "sketchy" businesses, or want to pay less taxes, etc. It's literally a multi-multi-trillion dollar market. Compared to creating mutliple fake identities, then storing the assets offshore, a secure, totally anonymous crytocurrency which you can transfer and use pretty much any time any where is much more convenient.

Amph

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Quote from: talks_cheep on January 28, 2016, 04:09:38 PM

Quote from: Amph on January 28, 2016, 11:02:50 AM

Quote from: talks_cheep on January 28, 2016, 07:57:09 AM

To all the altcoin naysayers, open up your mind to new possibilities, is Gold the only precious metal, there is Silver, Platinum, Copper and others, is Google (I mean Alphabet) the only stock on the market, there is Apple, IBM, Microsoft, even penny stocks. Be flexible and DIVERSIFY. Do you put ALL your eggs in one basket? Don't be stupid.

i would only take this advice serious if we are talking about the strongest alt, like ethereum, dash, the other are simply trash p&d scheme

Amph, I respect your opinions but I believe you are not telling the whole truth here. Bitcoin is the Gold, Litecoin is the Silver, however the Bronze does not yet have a clear contender. Some say Doge, others say Ether. I only know a couple others like Diamond and DGB as these altcoins have SOLID devs and communities. All I can say is Do Not be close minded about these altcoins, yes some are pump&dump crapcoins, you have to look at the history and vintage behind the coins you're interested in. If you only care about bitcoins, you are not diversifying.

i can add doge and litecoin if you want, but they are the epitome of the p&d crapcoin, because one(doge) is there with the same range where manipulators are willing to play, which is 30-100 satoshi

and litecoin, seems to be pumped on halving basis...

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