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Topic: Coinbase CEO: bitcoin is far ahead! Altcoins are distractions! (Read 10465 times)

hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
Actually technologically NXT is far ahead of bitcoin...

husshh, you wont find many open ears for technological advancement on this forum.

Well, the altcoin scene is a real mix of a witch's brew and a cesspit but sometimes good things can turn up Smiley.
DO NOT EAT THOSE BROWNIES. THEY ARE NOT WHAT YOU THINK!
sr. member
Activity: 644
Merit: 250
IRONX - Fully regulated World-Class Exchange
Saying there should be just bitcoin or that altcoins without technological whatever are a distraction is ridiculous. There should be lots of coins just like there are lots of fiat currencies or lots of anything else.

Thinking that bitcoin is the only one and should be the only one is blind faith so you deserve to lose your money when the real champions emerge.

Bitcoin is the proof that the system works, wait until the cloud of alts starts to turn into rain!
legendary
Activity: 1225
Merit: 1000
Actually technologically NXT is far ahead of bitcoin...

husshh, you wont find many open ears for technological advancement on this forum.
Do you guys realise that we have good and sufficient technology already. Bitcoin does not need any drastic changes.

This is what I meant.
hero member
Activity: 574
Merit: 500
You speak as though technical advancement has no benefit.

Are those guys who work to make engines more efficient or develop new drugs with fewer side effects than existing ones or build taller buildings safer using less materials "technical purists"?


No crypto is perfect. But standing still isn't the solution.
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
Actually technologically NXT is far ahead of bitcoin...

husshh, you wont find many open ears for technological advancement on this forum.
Do you guys realise that we have good and sufficient technology already. Bitcoin does not need any drastic changes it is fine for today if we deviate from our goal - that is to make bitcoin global currency, and instead we will be technical purists and keep upgrading code, algorithms and other technical specifications we won't achieve anything really...
legendary
Activity: 1512
Merit: 1000
Actually technologically NXT is far ahead of bitcoin...

husshh, you wont find many open ears for technological advancement on this forum.

Well, the altcoin scene is a real mix of a witch's brew and a cesspit but sometimes good things can turn up Smiley.
legendary
Activity: 1225
Merit: 1000
Actually technologically NXT is far ahead of bitcoin...

husshh, you wont find many open ears for technological advancement on this forum.
hero member
Activity: 574
Merit: 500
Altcoins are basically useless except for demonstrating/testing out new ideas or perhaps as a fork if Bitcoin got too corrupted.
at this moment, the only use any altcoin out there has is just to put money in a few people's pockets. if you see the price change of any altcoin, you can see lots and lots of pumps and dumps which a few people are getting rich by.

Most the use of most altcoins is indeed to make money to a small number of people.

If an altcoin truly had an innovative feature, I am sure it will get adopted in Bitcoin as well.

You would never hear of it anyway, the mods ensure anything that isn't bitcoin (even good stuff like distributed computing) is swept under the rug and the forums sanitized. Add the mood music of "all altcoins are scams" and subliminal ignorance is the order of the day.


Wouldn't go that far, at least we've got an altcoin section here. There were discussions of getting rid of it completely so I think would should at least be grateful for that.

I'm still looking for a decent altcoin forum...

If Bitcoin is developing it, you're allowed to talk about it. If Bitcoin isn't developing it, but might one day, but an altcoin is  Shocked Thread will last 2min, even if no altcoin is mentioned.

I posted a thread about ternary logic in distributed computing and it got moved to "Off topic" !!  Cheesy Cheesy Cheesy Not even Technical discussion (I'm sure some would be interested in how Bitcoin could be adapted?) Protocol discussions are moved to altcoin, as though there is nothing that can be learned from other devs.

Innovation isn't considered a useful discussion, but you can have as many about how some guy no one outside this forum has heard of said a nice thing about Bitcoin   Cheesy

A Crypto subforum, where bitcoin and altcoin discussions could intermingle would be a huge benefit to this forum. As long as "all alts are scams", few bitcoiners will go to the altcoin section. And any thread naming an alt is relegated to altcoin so as not offend the eyes of bitcoiners. So there will always be ignorance.

hero member
Activity: 798
Merit: 1000
LIR Dev. www.letitride.io
Altcoins are basically useless except for demonstrating/testing out new ideas or perhaps as a fork if Bitcoin got too corrupted.
at this moment, the only use any altcoin out there has is just to put money in a few people's pockets. if you see the price change of any altcoin, you can see lots and lots of pumps and dumps which a few people are getting rich by.

Most the use of most altcoins is indeed to make money to a small number of people.

If an altcoin truly had an innovative feature, I am sure it will get adopted in Bitcoin as well.

You would never hear of it anyway, the mods ensure anything that isn't bitcoin (even good stuff like distributed computing) is swept under the rug and the forums sanitized. Add the mood music of "all altcoins are scams" and subliminal ignorance is the order of the day.


Wouldn't go that far, at least we've got an altcoin section here. There were discussions of getting rid of it completely so I think would should at least be grateful for that.

I'm still looking for a decent altcoin forum...
hero member
Activity: 574
Merit: 500
Altcoins are basically useless except for demonstrating/testing out new ideas or perhaps as a fork if Bitcoin got too corrupted.
at this moment, the only use any altcoin out there has is just to put money in a few people's pockets. if you see the price change of any altcoin, you can see lots and lots of pumps and dumps which a few people are getting rich by.

Most the use of most altcoins is indeed to make money to a small number of people.

If an altcoin truly had an innovative feature, I am sure it will get adopted in Bitcoin as well.

You would never hear of it anyway, the mods ensure anything that isn't bitcoin (even good stuff like distributed computing) is swept under the rug and the forums sanitized. Add the mood music of "all altcoins are scams" and subliminal ignorance is the order of the day.
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
I love that so many shitcoin pushers are shamelessly dropping their ads into this thread, like pigeons dropping their turds onto the heads of commuters.

You beautiful bastards are great.  I sincerely wish you all the best of luck in your respective scams. May you sell many shares and dump everything at the perfect moment, take the money and run!  Grin

For all you boring non-scammers out there, best read this: http://nakamotoinstitute.org/mempool/everyones-a-scammer/
legendary
Activity: 1512
Merit: 1000
Actually technologically NXT is far ahead of bitcoin...
Q7
sr. member
Activity: 448
Merit: 250
Well, on a second thoughts maybe altcoins have it use after all. Imagine how boring it were to be if we can only trade between btc and usd. Trading does help to make the crypto scene become more livelier, more news event to write about and that's about it. In general I still think it brings more harm than good.
sr. member
Activity: 378
Merit: 250
Pre-sale - March 18
I think bitcoin is weak thanks to greed of the alt coins
legendary
Activity: 2506
Merit: 1030
Twitter @realmicroguy
He is is right though and I agree with him. The average Joe on street or even my friends have a hard time understanding bitcoin and the concept behind it. Now imagine explaining the reason behind crappy altcoins like jackpotcoin or potcoin lol.

What if this was the attitude when people first started using the internet and friends were learning about the first search engine.

Bitcoin needs the competition that altcoins provide to keep it striving to improve. Competition is healthy and highly beneficial to the consumer.
newbie
Activity: 18
Merit: 0
People can use what ever form they like, but I would agree that bitcoin is the future right now. All other are just copies to the most extent. There may be a new currency that comes out that is superior to bitcoin that will take the lead, but for now my btc is on Bitcoin.
sr. member
Activity: 434
Merit: 250
Loose lips sink sigs!
I couldn't agree more.

Alt coins are hobbies, bitcoin is for real.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
Altcoins are basically useless except for demonstrating/testing out new ideas or perhaps as a fork if Bitcoin got too corrupted.
at this moment, the only use any altcoin out there has is just to put money in a few people's pockets. if you see the price change of any altcoin, you can see lots and lots of pumps and dumps which a few people are getting rich by.

Most the use of most altcoins is indeed to make money to a small number of people.

If an altcoin truly had an innovative feature, I am sure it will get adopted in Bitcoin as well.

A layer on top might address something. The core development looks to be extremely steady from the outside. I guess it becomes more than an intriguing challenge if you know thousands are watching your every move.
hero member
Activity: 812
Merit: 1000
Litecoin Association Director
Altcoins are basically useless except for demonstrating/testing out new ideas or perhaps as a fork if Bitcoin got too corrupted.
at this moment, the only use any altcoin out there has is just to put money in a few people's pockets. if you see the price change of any altcoin, you can see lots and lots of pumps and dumps which a few people are getting rich by.

Most the use of most altcoins is indeed to make money to a small number of people.

If an altcoin truly had an innovative feature, I am sure it will get adopted in Bitcoin as well.
Burstcoin and Litecoin...


Not trying to sound ignorant or an ass, but what is Burstcoin?
sr. member
Activity: 1078
Merit: 270
Altcoins are basically useless except for demonstrating/testing out new ideas or perhaps as a fork if Bitcoin got too corrupted.
at this moment, the only use any altcoin out there has is just to put money in a few people's pockets. if you see the price change of any altcoin, you can see lots and lots of pumps and dumps which a few people are getting rich by.

Most the use of most altcoins is indeed to make money to a small number of people.

If an altcoin truly had an innovative feature, I am sure it will get adopted in Bitcoin as well.
Burstcoin and Litecoin...
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