Author

Topic: Gold, Silver, and ...Copper? (Read 683 times)

legendary
Activity: 1386
Merit: 1053
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February 14, 2014, 07:28:17 PM
#15
There is no gold, silver, or copper of crypto currencies. The Gold:Silver analogy to describe BTC:LTC was just used as an example of relative scarcity. Crypto Currencies are far more closely related to fiat than they are to metals.

And they'll soon probably be far more related to the Zimbabwean Dollar lol.
Roll Eyes
If based on market cap, Peercoin would be the "new copper".

Does Peercoin has more Market Cap than the Namecoin?
Namecoin has a use other than as currency, yet it is #8 among cryptocoin market caps. PPC is #4.
hero member
Activity: 840
Merit: 509
February 14, 2014, 12:42:17 PM
#14
There is no gold, silver, or copper of crypto currencies. The Gold:Silver analogy to describe BTC:LTC was just used as an example of relative scarcity. Crypto Currencies are far more closely related to fiat than they are to metals.

And they'll soon probably be far more related to the Zimbabwean Dollar lol.
legendary
Activity: 2590
Merit: 2156
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February 14, 2014, 12:35:33 PM
#13
There is no gold, silver, or copper of crypto currencies. The Gold:Silver analogy to describe BTC:LTC was just used as an example of relative scarcity. Crypto Currencies are far more closely related to fiat than they are to metals.
legendary
Activity: 3766
Merit: 1217
February 14, 2014, 12:22:41 PM
#12
If based on market cap, Peercoin would be the "new copper".

Does Peercoin has more Market Cap than the Namecoin?
legendary
Activity: 3766
Merit: 1217
February 14, 2014, 05:23:00 AM
#11
Terracoin, and not Dogecoin is the new Copper.
global moderator
Activity: 3990
Merit: 2713
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February 14, 2014, 04:28:41 AM
#10
Doge is the Zimbabwean dollar.

Was that meant postively or negatively?  Wink


A currency that is now worthless... I'm going to say the later.
Still you can use doges to buy stuff and gamble, while the Zimbabwean dollars is completely useless!

You can sell it on eBay.
sr. member
Activity: 644
Merit: 250
February 14, 2014, 04:25:58 AM
#9
I like doge. Such gains. Much profit. Woof !
sr. member
Activity: 294
Merit: 250
February 14, 2014, 04:23:00 AM
#8
Doge is the Zimbabwean dollar.

Was that meant postively or negatively?  Wink


A currency that is now worthless... I'm going to say the later.
Still you can use doges to buy stuff and gamble, while the Zimbabwean dollars is completely useless!
global moderator
Activity: 3990
Merit: 2713
Join the world-leading crypto sportsbook NOW!
February 13, 2014, 05:22:25 PM
#7
Doge is the Zimbabwean dollar.

Was that meant postively or negatively?  Wink


A currency that is now worthless... I'm going to say the later.
hero member
Activity: 2184
Merit: 513
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February 13, 2014, 03:08:55 PM
#6
that means positively.. Wink
member
Activity: 70
Merit: 10
February 13, 2014, 02:58:57 PM
#5
Doge is the Zimbabwean dollar.

Was that meant postively or negatively?  Wink
legendary
Activity: 1232
Merit: 1195
February 13, 2014, 02:21:15 PM
#4
XNF (NoFiatCoin) should be called gold coin as they are backed by gold  Grin



It's backed by fail.
newbie
Activity: 7
Merit: 0
February 13, 2014, 01:32:48 PM
#3
XNF (NoFiatCoin) should be called gold coin as they are backed by gold  Grin

hero member
Activity: 840
Merit: 509
February 13, 2014, 01:30:11 PM
#2
Doge is the Zimbabwean dollar.
newbie
Activity: 45
Merit: 0
February 13, 2014, 01:27:58 PM
#1
BTC is the "new gold."

LTC is the "new silver."

Is Doge the "new copper?"  Or does some other cryptocurrency take that spot?
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