I must say that the qt client is the best looking one of all crypto currencies, bitcoin included. I'm going to support this alt just because of that. Image is very important in marketing.
Sadly I only see 4-5 different posters in this thread, arguing back and forth 90% of the time. Not really much going on other than that. No long time regulars, not much serious discussion. Just rants and animated gifs. Smells like a bunch of 15 year olds who are bored in school. Doesn't inspire confidence.
I've been a supporter since the beginning for Megacoin, back when Hazard was on a smear campaign because it was an actually unique altcoin. At the time it was the only scrypt altcoin based on Bitcoin code instead of Litecoin like all the others clones. Megacoin has unique potential with Kimoto and its not something you want to miss the train on. Take advantage of the uncertainty that is scaring the weak hands into selling cheap because these prices will not last forever.
Like I said, I fell for the good looks - now I want to know more about the inside.
For starters, that's a terrible reason to mine a currency. Litecoin has a 2-year jump on Megacoin and, for the most part, hasn't really made that much progress as an actual currency; I think patience is key here. It's difficult to start a company that accepts Litecoins without also accepting Bitcoins because you're literally giving up some market share...but by accepting both, you are eliminating the
need for Litecoins by making them optional. Bitcoin is so well-established that until something comes along that offers enough advantages and takes some chances, it will remain the standard. A major "issue" with Bitcoin is the confirmation time -- it often takes over an hour to confirm deposits/etc making it ill-suited for standard transactions. Litecoin is a major improvement there...but if Megacoin properly incorporates Zerocoin, you're literally looking at the best currency out there right now.
One thing that could work against Megacoin in the semi-long-term is that it is a bit too front-loaded for many. People late to the game will not like the fact that 6 months in, half of the coins have been minted. If Megacoin became a standard, the distribution of wealth would be pretty lopsided and that's a red flag for some. A huge portion of the people mining it right now are hoppers that immediately dump what they mine...and it's usually the same people scooping it up at these ridiculously low prices (
people like me.) There is no doubt you stand to gain by buying at these prices regardless of Zerocoin; however, the buzz/exposure/usefulness that would result would probably drive prices up rapidly to at least $0.10. Considering that's nearly 20 times the current price, it's a low-risk gamble I'm happy to take.
I'm all-in on Megacoin but I'd be lying if I said you shouldn't hedge your bets. How smooth the transition occurs at 63,000 will be a major indicator for me on how bright the future of Megacoin is. If it's another bumpy one, I'd say we might be in trouble.
From your comments, you didn't bother reading through this thread either. No one is going to do your homework for you!
