The one alt coin that is going to surprise us next year is Dogecoin, there is a whole bunch of services coming online within a month including Doge Road, once that happens it will be the 2nd most useful coin on the market.
I do agree that there is too many alt coins without a use besides being a alt coin for early adopters to make money off.
Topic: Genesis - page 2. (Read 3252 times)
There's nothing more lonely than a town with one lawyer. A one horse race is pretty dull too. Iphones may be dominant but ask Samsung if there's isn't a fair bit of money made being 'second best'.
Innovation cannot exist if there's only one option. Why? Businesses will not invest resources into a technology that they cannot, in some way, get around if it goes bad. Companies are inherently conservative and no CEO worth 2 cents would commit to a technology knowing there wasn't another option somewhere.
The alt-coin market is flooded with crap. That crap will die. The bubble WILL pop in that regard. But some of the options will survive or else the entire cryptocoin market collapses. Capitalism works BEST when there are many options. It works worst when there is only one.
Innovation cannot exist if there's only one option. Why? Businesses will not invest resources into a technology that they cannot, in some way, get around if it goes bad. Companies are inherently conservative and no CEO worth 2 cents would commit to a technology knowing there wasn't another option somewhere.
The alt-coin market is flooded with crap. That crap will die. The bubble WILL pop in that regard. But some of the options will survive or else the entire cryptocoin market collapses. Capitalism works BEST when there are many options. It works worst when there is only one.
I hate to say it but I have some level of agreement with the OP about there being a coming alt coin crash. IMO pretty much all of the alts are in a huge bubble, we don't seriously think these clones will ever rival bitcoin. As people have said its the greater fool theory in action. It's not exactly the same with all alts though, some do offer 'innovation' or at least, changes to bitcoin. When bitcon gets on its next big move up some time next year there will be a big altcoin crash as everyone dumps their alts to get back on the 'real' crypto. After that the alts will rise again.
Alts original intent wasn't to rival Bitcoin, but to give late adopters a chance at digital mining and/or investment. Also, to improve upon Bitcoin's technology and services, in theory. Actually use digital currency for services and products, ie. overstock.com in six months. BTC, LTC, DOGE, etc; all digital currency is volatile and subject to rise and falls, just like the stock market. Speculation drives both stock market and digital currency.
"WHAT GOES UP MUST COME DOWN"
True as long as you don't go into a high enough earth orbit
True as long as you don't go into a high enough earth orbit
I'm Christian. You have to remember, the eye for eye was before he came to earth. Jesus did change some rules put in the old testament, if you study the bible. It's a sin to judge and persecute people. But let's not let this be a religious and/or ethics topic, please stay on topic and provide evidence claiming you assumption is truth or something close to it.
You misunderstand Jesus Christ.
Jesus did not change any rules at all.
The law remains the same as the law always was.
GOD NEVER CHANGES
Jesus saved us from sin with his own life. If you read the old testament, if you weren't a Jew, you go to hell regardless. Jesus went to hell to save us non-Jews. What's not to understand. Please don't insult my believes as I haven't did yours. You have the right to believe the way you want about God and I'll respect that. Let's not touch religion from now on and in the future. Please stay on topic.
Read my sig. and look to the left at what I wrote there.
What does that have to do with the topic? I keep getting away from religion and you keep bring it back. Please stop with instigation, if you think you so proper and perfect, then just keep thinking that and let it be. I don't think anyone is less or better than me, may it be a homeless person or a famous rich person, a person is a person. I'll respect you, but you have to respect me that I'm not purposely trying to attack or insult you.
Now, back to the topic. Where are these trends and evidence of selling Alt needs to be done now? Links and charts would be nice to provide please.
YOUR MAMA IS SMAAAAAASHING
I hate to say it but I have some level of agreement with the OP about there being a coming alt coin crash. IMO pretty much all of the alts are in a huge bubble, we don't seriously think these clones will ever rival bitcoin. As people have said its the greater fool theory in action. It's not exactly the same with all alts though, some do offer 'innovation' or at least, changes to bitcoin. When bitcon gets on its next big move up some time next year there will be a big altcoin crash as everyone dumps their alts to get back on the 'real' crypto. After that the alts will rise again.
just_me:
Holy wow OP, your feedback section is acidic.
I speak my mind at times. Not like the plastic false alts that some of you create on these forums.
No, I presented myself as a real person at times.
ALT COIN CRASH IS COMING IN JANUARY
ALT COINS CRASHING BUT YOUR MAMA IS SMASHING
REPORT THE PIG SCRAMAR-TROLL FOOL!
For God's sake people,
DON'T FEED THE TROLL
Bury this thread.
DON'T FEED THE TROLL
Bury this thread.
This topic needs to be closed, if this continue like this and if nothing positive is gained from it. Arguments are fine, if they are constructive, at this rate, it is not.
For God's sake people,
DON'T FEED THE TROLL
Bury this thread.
DON'T FEED THE TROLL
Bury this thread.
I'm Christian. You have to remember, the eye for eye was before he came to earth. Jesus did change some rules put in the old testament, if you study the bible. It's a sin to judge and persecute people. But let's not let this be a religious and/or ethics topic, please stay on topic and provide evidence claiming you assumption is truth or something close to it.
You misunderstand Jesus Christ.
Jesus did not change any rules at all.
The law remains the same as the law always was.
GOD NEVER CHANGES
Jesus saved us from sin with his own life. If you read the old testament, if you weren't a Jew, you go to hell regardless. Jesus went to hell to save us non-Jews. What's not to understand. Please don't insult my believes as I haven't did yours. You have the right to believe the way you want about God and I'll respect that. Let's not touch religion from now on and in the future. Please stay on topic.
No coming from someone who doesn't have to justify his actions by hiding behind God. By doing that you're worse than us heathens and non-believers you like to call us.
Now sincerely, get the fuck out of here, if all you have to do is spread filth.
Now sincerely, get the fuck out of here, if all you have to do is spread filth.
Calling for an end to this ponzi altcoin thing,
and a return to sanity
This is the second post with the same topic from you - stop spamming. If people want to know alt coin trends they can look at the historical charts. Your attempts at price manipulation is pathetic at best.
I was an outspoken advocate of the opportunities to invest in the altcoins back in the spring.
That was then, and this is now. You can read all of my past posts, if you doubt me.
And I encountered alot of filthy, foul mouthed, extremely rude people on these forums, who were extremely
pessimistic at the time.
But had they listend to me, and acted, then perhaps they are wealthy now.
But now I am telling you, that the altcoins are overpriced, and I am getting flak from you?
You are certainly entitled to express your opinion, just keep it in one topic is all I am saying.
Calling for an end to this ponzi altcoin thing,
and a return to sanity
Prior to the recent rise in prices of the altcoins,
there was somewhat of an investment opportunity,
but that has now turned into uncertainty,
and looking towards when the altcoins will come crashing down.
But there is not any investment opportunity, because the prices are too high.
All there is, is a possible gamble that you might win or lose,
and the risks have increased, along with the puffed up prices.
Are you like me, and does it irk you, that these new coins are coming out,
and they think that their new coins are valued at the puffed up prices of
the other puffed up altcoins?
What you alt coins haters DONT UNDERSTAND (or do understand but whatever
) is that this Cryptocurrency world is all a big gamble full of uncertainties! Even Bitcoin is not a certain for a future currency or anything else but to be apart of history at this point. Its a risky market and if you or anyother dont want to play it, leave it for the ones who want without harassing the shit out of us with your Blablablabla!!!
The reason they all rose in price at the same time as the BTC boom was because the demand went through the roof as awareness swept the globe.
Demand drives your prices.
They maybe over-priced - some definately are imo - but either way its all speculation
Demand drives your prices.
They maybe over-priced - some definately are imo - but either way its all speculation
I'm Christian. You have to remember, the eye for eye was before Jesus came to earth. Jesus did change some rules put in the old testament, if you study the bible. It's a sin to judge and persecute people. But let's not let this be a religious and/or ethics topic, please stay on topic and provide evidence claiming you assumption is truth or something close to it. If not, at least make it constructive arguments.
But the fact that so many crap coins went up in relation to bitcoin at the same time,
indicates that the altcoin market is over-ripe for a huge correction downwards.
Yes. Altcoins are one gigantic ponzi scheme based on the greater fool theory at their very core. indicates that the altcoin market is over-ripe for a huge correction downwards.
Your point? You can make a lot of money with a ponzi scheme if you know when to get in and when to get out.
+1 if you're going to trash Altcoins do it in the Bitcoin forum - you are in the WRONG ROOM HERE
Listen up you, I have been posting here in the altcoin section since last spring,
and I am giving back to you, what the rest of the altcoin community gave to me,
and in doing so, I am accomplishing Gods laws.
You're harassing people by posting the same propaganda over and over again. Wouldn't harassing be a sin? If so, you're doing a bad job accomplishing "Gods" laws.
I am accomplishing Gods laws, because 'eye for an eye, and tooth for a tooth'
You rude, foul mouthed, impudent, non-believers, pagans and witches.
You treated me like filth when I told you there was opportunities to invest in the altcoins back in the spring of 2013,
Therefore I treat you like filth too? ahhhh, its only fair.
But that is not what I am doing.
Gods laws say: Treat others the way you would be treated yourself.
I AM MOSTLY OUT OF THE ALTCOINS AT THIS POINT IN TIME ( because fools have driven the prices way too high )
I was right in the spring when I said that there was opportunity to invest in the alt coins. (but so many fould mouthed rude people argued with me)
Am I right now? Lets wait and see.
Look OP, take your God complex and go piss somewhere else. And sincerely, go fuck yourself.
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