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Topic: Lets not create any more altcoin in 2015 - page 2. (Read 1503 times)

legendary
Activity: 1260
Merit: 1116
January 01, 2015, 03:17:02 PM
#11
2015 will be all about sidechains. It's an altcoin pump and dump killer. I suggest a boycott of all alts until then.

PS. there is already a coin called 2015 Roll Eyes

Excuse my ignorance, but sidechains?

The protocol has changed (or is changing?) to allow for two-way pegged scBTC. Basically the ability to move bitcoins across different blockchains and back again.
member
Activity: 70
Merit: 10
January 01, 2015, 03:13:34 PM
#10
2015 will be all about sidechains. It's an altcoin pump and dump killer. I suggest a boycott of all alts until then.

PS. there is already a coin called 2015 Roll Eyes

Excuse my ignorance, but sidechains?
legendary
Activity: 1260
Merit: 1116
January 01, 2015, 03:10:17 PM
#9
2015 will be all about sidechains. It's an altcoin pump and dump killer. I suggest a boycott of all alts until then.

PS. there is already a coin called 2015 Roll Eyes
sr. member
Activity: 341
Merit: 250
January 01, 2015, 03:07:02 PM
#8
There will be new coins created as long as a greedy dev can make ten bucks out of it.
full member
Activity: 882
Merit: 102
PayAccept - Worldwide payments accepted in seconds
January 01, 2015, 02:57:49 PM
#7
you buy it: they create more

buy only established  coins now. Raise the fucking bar!
sr. member
Activity: 378
Merit: 250
January 01, 2015, 12:42:27 PM
#6
Unfortunately this won't stop. In the end most alt coins are dead and only the most innovative coins will survive. Most people won't even look at alt coins in the future anymore.
legendary
Activity: 854
Merit: 1000
January 01, 2015, 12:39:44 PM
#5
I would be inclined to agree, but this is the internet and people.

 Wink
legendary
Activity: 1778
Merit: 1043
#Free market
January 01, 2015, 12:36:11 PM
#4
Please. This is getting ridiculous and it seems like there is no stop to it. There are so many coins for every single purpose out there..there is no need to create any more coin. If we keep creating altcoins it will never grow because new coins will replacing old ones and we'll be stuck in loop forever.

The real purpose to create the altcoins is for a pump & dump , at the end no one want to use them (it is only for gain more and more... bitcoin ).
member
Activity: 70
Merit: 10
January 01, 2015, 12:32:31 PM
#3
D you really think these greedy devs will listen to you or reason? The only way these coins will stop is when people stop partaking in the scams. Don't mine them, don't trade them, don't partake in giveaways or airdrops, just ignore them.
Pretty much cuts straight in to the heart of the problem. Whilst there is still money to be made in alt-coins then devs will continue to create & 'develop' coins to push on to the market. Now it would probably be unfair to just call everything a scam, as you can see some lights of innovation happening in areas of this darkly lit arena. However, one can't help but think its such a shame that an area with so much potential has actually been turned into nothing more than penny stocks. This is pretty bad news for alt-coins as it adversely effects their creditability; credibility that is going to be much needed when going against the big guys - the visas and the mastercards of this world.

Unless I am very much mistaken that's what the whole deal with crypto-currencies is supposed to be right? A modern day monetary system, payment platform and financial institution(i.e. Bank) rolled into one? But yet, practically all of the 'coins' that come out in to this market I wouldn't trust with my toilet brush - never mind a payment system. Regardless of whether you agree with that previous statement or not, I think you would be hard pressed to disagree that most people from the population would view crypto-currencies (in their current state) in a similar fashion. This will inexplicably hurt alt-coins potential for at least the short term, and if we're not careful than this whole market could be deemed as nothing more than penny stocks for a long time to come.
sr. member
Activity: 324
Merit: 250
January 01, 2015, 11:37:58 AM
#2
D you really think these greedy devs will listen to you or reason? The only way these coins will stop is when people stop partaking in the scams. Don't mine them, don't trade them, don't partake in giveaways or airdrops, just ignore them.
hero member
Activity: 1540
Merit: 500
January 01, 2015, 10:22:05 AM
#1
Please. This is getting ridiculous and it seems like there is no stop to it. There are so many coins for every single purpose out there..there is no need to create any more coin. If we keep creating altcoins it will never grow because new coins will replacing old ones and we'll be stuck in loop forever.
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