Topic: heap of alts - page 2. (Read 2474 times)

FTFY

Case in point: here is another thread along virtually the same issue made 6 hours prior to yours.

https://bitcointalksearch.org/topic/why-there-are-so-many-shit-coins-announced-every-day-673837

There is so many threads complaining about so many alts.
Why?
Why so many and Why make another one?

as finshaggy(aka Bitcoin-hotep )said.

its for normal people to mine and trade for bitcoins. what he then did not mention is that those that originally held bitcoins are then holding a bag of worthless coins.

the only "good cause" of this is that instead of donating to a school with bitcoins by simply donating.. the school gives you a bag of worthless alts. and this is then used as a receipt/certificate/proof that you donated.

basically you can wave your bag of shitcoin with pride above your head as it proves you donated coins to the school.

so treat altcoins as a 'certificate of donation'. you might be lucky to find others to buy your certificate of donation (altcoin) off you, so that the other person then can show that they have handed over bitcoins.

EDIT 2: WTF!

https://www.google.com/search?q=%22Clone+Scrypt+Coins+for+fun+and+Profit%22&rlz=1C1CHFX_enUS549US549&oq=%22Clone+Scrypt+Coins+for+fun+and+Profit%22&aqs=chrome..69i57&sourceid=chrome&es_sm=122&ie=UTF-8

http://www.rollitup.org/t/suggestions-for-google.835802/

And, it WILL happen, once a formidable niche, of which I'm developing to get them masses on board comes to fruition. When entities such as schools see it done elsewhere, with an entry learning curve minimized, the skies the limit.

"Shaka, when the walls fell." is no longer an option unless one chooses it to be.

EDIT: A wise man once said...


I suggest we both get outta each other's head, otherwise others are going to accuse us of being each other's sockpuppet.  

And, it WILL happen, once a formidable niche, of which I'm developing to get them masses on board comes to fruition. When entities such as schools see it done elsewhere, with an entry learning curve minimized, the skies the limit.

"Shaka, when the walls fell." is no longer an option unless one chooses it to be.

EDIT: A wise man once said...


I suggest we both get outta each other's head, otherwise others are going to accuse us of being each other's sockpuppet.  

Hopefully people catch on soon.

I can't wait for the first announcement that a school is mining. Can you imagine if a school made a coin and got mining rigs for the library and rented them out to students that wanted to earn some extra money.
It would CHANGE the Crypto scene completely. There would be teachers and students from all over the country coming to ask questions.

Hence, developing a whole slew of altcoins, treated as commodities, not currency, specifically for one niche comprised of myriad brands, most all desiring to augment their current revenue stream, with them and their countless followers doing most the sneezing for each individual alt.

No pump-and-dumps. No bots. No other negative attributes contributed to current altcoins, with hopes of not creating new negs in the process.

And, the beauty part of it is that holders of one brand's alts will be willing and able to readily trade for another on one dedicated exchange, with some altcoins breaking out to be traded on one or more of the current venerable exchanges after reaching some threshold, but pulled if they start to underperform, yet will always be available on our niche's exchange unless the notable backing an alt using their brand decides to pull the plug, in which case there'll be literally tens of thousands more altcoins to fill that void.

For you guys having strong opinions on the hundreds of altcoins now, wait till this time next year when you witness thousands, and that's just tickling the surface of what's yet to come, especially when the plan is to send permission-based marketing emails to subscribers consisting of copy akin to...

The reason to make a new one is because there is meant to be an ecosystem.

Coins are not there for new people to find and mine, coins are there to trade for one another and support bitcoin.

NEW coins made (by you) are for you and your friends to mine, or for your school to mine, or for your team to mine, or for your WoW clan to mine, or whatever.
Then those coins are to be traded for other coins and used to support Bitcoin [and formidable altcoins].

The Future of Funding & Promotions: Micro-Currency (company/charity/group based alt coins)

Intro:Anyone that is new to the altcoin world, I just want to let you know that there are literally HUNDREDS of altcoins and they are all essentially just copies of Bitcoin. Not many are like this, with new structures that allow for growth outside of mining (which is a techy term for producing coins) and trade. Creating an economy outside of mining, sales and forex is unheard of outside of these new coins. Your company could be one of the first companies to make one of its own.

Altcoins will allow charities and organizations to OWN a currency that they control. You will not answer to us, it will be yours. All you need to make one is people from this website, or one of your friends that understands C++ coding needs to read this thread, then do a little more research on this website, then they can make one for you.

And to anyone new to the Bitcoin world, Bitcoins are worth $200 each (for now) and you can trade Altcoins for Bitcoins

So, everyone is hearing or has heard about Bitcoins. The Silk Road is down, Bitpay is up and ATMs are actually being placed in the streets (at least one in Canada).

Pretty soon the only question left about Bitcoin will be "How do I get them?" and sure, the answer "You mine them or buy them" works for most people right now...

But what about when Bitcoin is being considered by people in poverty as a means to pull themselves up by their boot straps? What about when it is being talked about in every highschool in the country, and kids too young to work and not computer literate enough to mine want to get them?

The answer will be "Alt-coins". Altcoins are not the competition of Bitcoin, Altcoins are the future of Bitcoin. In the future altcoins will each have a "niche", so as to attract new people to Bitcoin, as well as support lifestyles of people who can not mine or buy the coins.

Devcoin and Tagcoin look promising. As Writing and Rewards are both great incentives, but what about the other coins? What value are they to someone who does not have the ability to mine?

Schools could use coins as booster promotions, by asking students to use their home computers to mine for coins that can be spent at the school. And the school can have a program where 25% of the coins are generated to a wallet for them. Then they make an altcoin thread and advertise it in the morning announcements. School funding problem SOLVED.

Or imagine if a mom and pop sandwich shop did the same. And offered sandwhiches for coins? They could not only boost local bitcoin interest, they would make money on a coin that they produced.