Topic: [ANN][QBC] Québecoin - X11 - DGW - (BITTREX) - Win/Mac/Linux Wallets - New - page 82. (Read 161852 times)

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Yeah it's pretty amazing!


I hate when family gets in the way of my cryptocurrency addiction.



3h45 Minutes now. It's 8:00 AM EST time.



That guide looks great!

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Quebecoin (QBC), X11- http://qbc.althash.eu
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it is so pity that i be late

How long is it till launch now?  also is there a countdown clock anywhere? 

I believe X11 type scrypt is the future of GPU mining, the lower the power usage the better!  also when asic scrypt is dead this year due to the big rigs coming out there will always be GPU's evolving  as the core of the crypto world !  makes SHA and ASIC mining very costly as your hardware is worth nothing in the end.

cheers

X11 runs cooler and less electricity. Less wear on GPUs

Is x11 better or n scrypt?

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I don't hate your guts, just disappointed as ofc for those with families kids etc saterday go eat supper at families(one end for me the in laws) then you have sunday easter then my families ...as you can see its wake up early turn on the miners and HOPE nothing happens while im gone needing for my to restart it IF something happens ....

I trust this coin will do well again just disappointed

Wow JP!

On TVA! That's excellent! Looking forward to tomorrow morning!

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What you say is true, it's reality.

And just like Bitcoin, Quebecoin will likely be replaced by something else at some point. But it's a small step at a time. We're all participating in this marathon.

Couple answers.

1. Bitcoin and the tech behind it were meant to replace fiat, this doesn't limit the tech from getting better though. Would you rather drive a model T or a car from 2014?

2. Quebecoin has current tech, has an obviously active and dedicated dev team.

3. There will continue to be altcoins this doesn't mean they will all survive, ultimately most will die off and we all know this, in fact many have already become defunct. The strong will survive and will be harshly tested by the world and crypto communities. Bitcoin didn't have any competition, if Quebecoin is used as a common digital currency it means it took a beating and still came through solid.

Lastly, I love bitcoin its the father of cryptocurrency... But would you continue to always use the first prototype of something? Mankind has already answered this question....no.

question:
wasn't the original launch date the 15th of April?

let's analyse what makes an altcoin successful.

• is it media coverage?
• is it merchant adoption?
• is it a large mining network?
• is it pure speculation?

what affects the price of an altcoin?

• is it the price set by an "IPO"? (by the way, there are still issues with the legality of an IPO)
• is it the supply/demand on the exchanges for the altcoin.

----------------------------------------------------

Possible answers:

First some background.
At first altcoins were the answer to problems that did emerge with bitcoin. Then came November 2013, bitcoin price shot up almost 10 fold and literally everyone, their parents and their pets started releasing coins. All you need to do is fork an existing coin, make a few changes and off you go. There are even services that will do that for you for a mere 0.1 BTC.
Litecoin had good timing on its side. The people who used to mine bitcoin with GPUs no longer could do it profitably, Litecoin allowed them again to mine at a profit.
Dogecoin came out of nowhere in December 2013 as a joke. It suffered a hacker attack in the first couple of weeks, but it survived. Then it got big. How? Your guess is as good as mine. Maybe it was the genius marketing, if it was intentional. Maybe it was the fact that it was supposed to be a joke, maybe it was none of the above.
Late 2013 companies started working on scrypt ASICs, it was becoming obvious that we need a new algorithm for GPU miners. Enter Darkcoin. Its creator gave us X11, and now GPU miners can move over to something different once difficulty for scrypt coins shoots up squeezing GPUs out.
Then in February 2014 the creator of Auroracoin came up with a clever idea of a nation coin. Give some of the coins away to citizens of a nation and voila, you got a coin with some credibility.
The idea was really good, so good in fact that nation coins were coming out daily by the dozen. There are probably more nation coins now that there are countries.
Then came the idea of an IPO for a coin. To me that idea is absurd. There is no prospectus, no revenue, no business plan, just an anonymous promise of profit (if all goes well).
I have heard of disastrous altcoin IPOs, but I have not heard of successful ones (Which does not mean there aren't any. Please point me to some)
So here we are looking at yet another coin hoping to finally get on a coin and make it big (just like those bitcoin millionaires that the media keeps on talking about). Is this coin going to give us all we are hoping for - who knows?  

Media Coverage
While media coverage can hype up the coin, it is this writer's opinion that currently there is an altcoin-fatigue. Virtual currency is supposed to  be better that fiat currency. Bitcoin promised that by being a global currency. Currently there are more altcoins than countries. There are coins for a specific purpose, specific area, and non-specific coins as well. How is this situation better than fiat currency remains unanswered. While media coverage helps to spread the awareness of the coin, it probably does not help with merchant adoption, service creation, and gaining an edge over more established currencies.


I will leave it up to the reader to answer and argue the remaining questions I posed.

I don't think anything will go quite as crazy as Auroracoin did but we have a great start media wise.



The miners weren't happy this morning but they'll be happy tomorrow for sure. The press itself won't note the 24h delay in launching.




I mean yeah Canadian news is smaller but this is provincial news, two articles, huge twitter mentions and TV exposure. All of that on day 0. It can only get better from here.

Although I wouldn't go quite as far as the AUR hype, I am surprised it hit the news.  I would have preferred a launch today, but I guess extra press exposure can't hurt.

What channels, and which twitter account? We need to know!