Author

Topic: Categorising Altcoins (Read 508 times)

full member
Activity: 138
Merit: 100
July 06, 2014, 06:59:14 PM
#5
I propose 2 categories:

1) Scam revealed

&

2) Scam not revealed
hero member
Activity: 518
Merit: 500
Bitrated user: ahmedbodi.
July 06, 2014, 06:44:51 PM
#4
I agree for multiple reasons

1) It separates whats popular and provably successful (so far) from the new high risk altcoins (or shitcoins as some would say)

2) It helps to minimize risk as people would know whats good

3) It could act as a motive for "devs" to work hard enough to get their coin into the major altcoin section which could reduce the likelihood of shitcoin devs dumping or scamming users by dumping their premine on unsuspecting users

4) To Top it all of it goes to show whats serious and what isnt
full member
Activity: 157
Merit: 100
July 06, 2014, 06:43:16 PM
#3
I don't think that would be very useful, since any major altcoin can die just the same as a new one.
newbie
Activity: 56
Merit: 0
July 06, 2014, 06:41:27 PM
#2
No.
legendary
Activity: 938
Merit: 1001
July 06, 2014, 06:40:15 PM
#1
I think that the term "Alt Coin" nowadays is too non-specific to be that useful.

I propose that there is at least two categories:

Major Alt-Coins and Minor Alt-Coins.

Major Alt Coins will have been around for at least 6 months, have active development, and community support - as well as trade on at least two or more reputable exchanges. Must have at least some form of merchant gateway, and ideally a direct to fiat conversion method.

Minor Alt Coins are the rest.

This would IMO give the reputable coins, that have real long-staying value, a significant (and needed) boost to their visibility over the sheer tsunami of shitcoins that engulf the alt-coin world on a daily basis.

I therefore propose we should split the Alternate Cryptocurrencies forums into a "Major" and "Minor" grouping, and perhaps have a vote on which coins get added to the Major listing. The above requirements can of course be refined.

but I think its a start.
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