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Topic: I present to you, my thesis on the future of altcoins. (Read 649 times)

legendary
Activity: 1050
Merit: 1016
wicked graphic and research!

I'm waiting for the last coin on your chart, I think momma's ass coin will be the winner!
sr. member
Activity: 415
Merit: 250
(..) Well by them I do not mean A B and C coins.  those are truly unique products in this market place.
+1 I giggled :p
hero member
Activity: 714
Merit: 500
Funny Smiley , but frankly speaking Litecoin seems to be doing fine.   The rest I guess.....
I agree, there's a few coins that are doing well; the 'classics', like litecoin, and some new ones, like WDC/DGC/Phenix(i'm in doubt here)/maybe some I forget..

But most of these either bring something new (fast times/proper retargets/nice launches/great communities) while the most just bring CRAP (mindless clones of previous new coins/premined shit/stupid names + logo's) purely meant for enriching the dev.

I agree in that WDC/DGC were good in their implementation.  Not exact clones but still just tweaks of existing coin models.  I don't want coin development to die but I'd like to see this garbage coin process sped up so we can get through it and on to the next generation of coins ones that have significant development done.  I hope that people are starting to get sick of them.  Well by them I do not mean A B and C coins.  those are truly unique products in this market place.
sr. member
Activity: 415
Merit: 250
Funny Smiley , but frankly speaking Litecoin seems to be doing fine.   The rest I guess.....
I agree, there's a few coins that are doing well; the 'classics', like litecoin, and some new ones, like WDC/DGC/Phenix(i'm in doubt here)/maybe some I forget..

But most of those deliver something new (fast times/proper retargets/nice launches/great communities) while the most just bring CRAP (mindless clones of previous new coins/premined shit/stupid names + logo's) purely meant for enriching the dev.

Hence, Abstract Coin to the rescue.
Sorry, I should have included that one in my list of coins that will succeed Cheesy
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
Funny Smiley , but frankly speaking Litecoin seems to be doing fine.   The rest I guess.....
I agree, there's a few coins that are doing well; the 'classics', like litecoin, and some new ones, like WDC/DGC/Phenix(i'm in doubt here)/maybe some I forget..

But most of those deliver something new (fast times/proper retargets/nice launches/great communities) while the most just bring CRAP (mindless clones of previous new coins/premined shit/stupid names + logo's) purely meant for enriching the dev.

Hence, Abstract Coin to the rescue.
sr. member
Activity: 415
Merit: 250
Funny Smiley , but frankly speaking Litecoin seems to be doing fine.   The rest I guess.....
I agree, there's a few coins that are doing well; the 'classics', like litecoin, and some new ones, like WDC/DGC/Phenix(i'm in doubt here)/maybe some I forget..

But most of those deliver something new (fast times/proper retargets/nice launches/great communities) while the most just bring CRAP (mindless clones of previous new coins/premined shit/stupid names + logo's) purely meant for enriching the dev.

Not that I really mind, it's kinda funny to see the sixtillionth crapcoin being released, and to see some actually start mining it Cheesy
member
Activity: 70
Merit: 10
Whew
10/10 Would mortgage house on said data.
hero member
Activity: 756
Merit: 500
Funny Smiley , but frankly speaking Litecoin seems to be doing fine.   The rest I guess.....
hero member
Activity: 644
Merit: 501
No words.  Lips sealed
full member
Activity: 126
Merit: 100
Lmao, I enjoyed this one. Thanks.

sr. member
Activity: 415
Merit: 250
Recently, I've done a lot of research on altcoin announcements, appearing on this subforum.

Though the number of coins being announced seems to be strong, their popularity clearly is in decline.


The formula I came up with after weeks of research is this:

for time >= ~june 2013,
Popularity(time) = ((2561 / 153.52) * 891.97 + (3.5801 * pi)) * t * 0.0



Creative extrapolation using this formula gives us my prediction on the future amount of random coins being announced:



We can rest safely, as the craze will be over soon Smiley
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