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Topic: Are country coins the next wave? - page 2. (Read 1632 times)

hero member
Activity: 602
Merit: 500
March 18, 2014, 04:13:00 PM
#13
And the next one is PLNcoin - Polish cryptocurrency...net hashrate already 3 GHs
sr. member
Activity: 420
Merit: 263
let's make a deal.
March 18, 2014, 03:51:31 PM
#12

Is anyone surprised that Auroracoin is going up again?
no, because the actual number of liquid coins (i.e. not held by developer for so called 'airdrop') is extremely low.

with few coins in circulation it's easy to manipulate the auroracoin value with small transactions. 
sr. member
Activity: 246
Merit: 250
March 18, 2014, 03:27:38 PM
#11

Is anyone surprised that Auroracoin is going up again?

Nope, because people understand the premined coins are actually going to Icelandic people and not to a massive dump
(and it seems speculators love this coin)
newbie
Activity: 56
Merit: 0
March 18, 2014, 03:22:07 PM
#10
I believe niche coins focused on a specific community are the next wave.

In our opinion, the market is preparing to enter a massive consolidation phase.

We think a couple of years from now most of the niche coins and country coins will fade from sight and three or four mature coins will gain a foothold in the behavior of the consumer.

Based on all the data available at the moment, most likely the top three will be: 1. Bitcoin (BTC), 2. Goldcoin (GLD), and 3. Litecoin (LTC).
full member
Activity: 259
Merit: 100
March 18, 2014, 03:06:43 PM
#9

Is anyone surprised that Auroracoin is going up again?
sr. member
Activity: 840
Merit: 255
SportsIcon - Connect With Your Sports Heroes
March 17, 2014, 04:07:13 PM
#8
I don't see you guys complaining about United States related coins...
hero member
Activity: 770
Merit: 500
March 17, 2014, 04:04:23 PM
#7
They will all go the way of china coin.
member
Activity: 112
Merit: 10
March 17, 2014, 02:54:52 PM
#6
Just another sales pitch to pump their coin and make some cash.

It dont take much here to convince some people that this new coin is the next bitcoin or even better then bitcoin
hero member
Activity: 826
Merit: 1000
'All that glitters is not gold'
legendary
Activity: 1156
Merit: 1000
March 16, 2014, 08:47:13 PM
#4
They should be treated like any premine. With absolute distrust until proven otherwise.

And I agree, there have been far to many pumps & dumps...
Investors & miners should carefully analyze any new coin, and determine if they believe there is a long-term future worth investing in.
legendary
Activity: 1156
Merit: 1000
March 16, 2014, 08:30:01 PM
#3
There are two kinds of coins worth considering:
1. Coins that might replace Bitcoin because of major technological advances
2. Niche coins

One can not underestimate the power of a user community and their desire to embrace their own coin, like country coins, or like Doge (twitter, redit, FB rewards), or Mezacoin.

DISCLAIMER: I head the Dev team for a niche coin, AppleBytes - coming in April. We are focused on supporting the arts in NYC, and are first building the local community support in NY, before releasing miners.

Anyone interested, can follow us here: Announce Thread

I believe niche coins focused on a specific community are the next wave.
hero member
Activity: 532
Merit: 500
March 16, 2014, 03:59:22 PM
#2
They should be treated like any premine. With absolute distrust until proven otherwise.
full member
Activity: 259
Merit: 100
March 16, 2014, 03:56:04 PM
#1


There Is Iceland, Scotland and Cyprus that I am aware of.

How should these be evaluated, by what criterion?
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