(My opinion) The Coin Creation Phase has ended...

Drawesome

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Quote from: FortuneFollower on September 03, 2024, 06:25:07 AM

Quote from: Drawesome on September 02, 2024, 08:55:36 PM

Quote from: Henark on August 31, 2024, 04:22:21 PM

Memecoins = altcoins

Epic thread! Congrats.
A decade later, we're still practically the same. Not a single use case for altcoins outside of creating more and more tokens, and DeFi, which is an even bigger scam than the usual CeFi.

Ethereum, for example, isn't just about creating more tokens - it's the backbone of decentralized applications (dApps) and smart contracts.

These innovations and facts are contradictory to your statement.

I am very aware of the innovations from these past years, but I still don't see a use case other than speculation. In my opinion, every experiment that talked about public goods, governance, etc. has completely failed. It's a problem of incentives; the corruption that these systems (not decentralized) allow occurs just like in any other area. There’s a crypto mantra of decentralization, equal opportunities, access for everyone, etc. The reality is that everyone is looking to gain their own immediate benefit without thinking about the long term.

FortuneFollower

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Quote from: Drawesome on September 02, 2024, 08:55:36 PM

Quote from: Henark on August 31, 2024, 04:22:21 PM

Memecoins = altcoins

Epic thread! Congrats.
A decade later, we're still practically the same. Not a single use case for altcoins outside of creating more and more tokens, and DeFi, which is an even bigger scam than the usual CeFi.

Ethereum, for example, isn't just about creating more tokens - it's the backbone of decentralized applications (dApps) and smart contracts.

These innovations and facts are contradictory to your statement.

Drawesome

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Activity: 224

Merit: 146

Quote from: Henark on August 31, 2024, 04:22:21 PM

Memecoins = altcoins

Epic thread! Congrats.
A decade later, we're still practically the same. Not a single use case for altcoins outside of creating more and more tokens, and DeFi, which is an even bigger scam than the usual CeFi.

betswift

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Quote from: wheelz1200 on September 02, 2024, 01:58:00 PM

Quote from: Henark on January 31, 2014, 09:36:09 AM

After almost 250 coins (or as i think, proposals) created, now it's time to think how the crypto-economic-world can hit the real world and mainly the average population and the government (yes, we need their aprovation, or surrender xD). Now the dev should think about creating brand new services or protocols that could bring more safety and ease of use for that people.
Now all the crypto-coins are only one thing, even if one increase a little bit than other, all can get high prices with that services.

Ypu would like to think so but the endless coin creation I don't think will ever fade. Greed drives prices to go up when in reality they shouldn't. If people stop buying these new coins that are built on little to nothing in terms of an actual project. Until that stops coin creation won't stop. Only thing you can really do is personally not buy into any of those and do.ypur part in slowing down that side of crypto.

It all starts from one's self, I do agree. And the trend can't be stopped, not one like that.

wheelz1200

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Quote from: Henark on January 31, 2014, 09:36:09 AM

After almost 250 coins (or as i think, proposals) created, now it's time to think how the crypto-economic-world can hit the real world and mainly the average population and the government (yes, we need their aprovation, or surrender xD). Now the dev should think about creating brand new services or protocols that could bring more safety and ease of use for that people.
Now all the crypto-coins are only one thing, even if one increase a little bit than other, all can get high prices with that services.

Ypu would like to think so but the endless coin creation I don't think will ever fade. Greed drives prices to go up when in reality they shouldn't. If people stop buying these new coins that are built on little to nothing in terms of an actual project. Until that stops coin creation won't stop. Only thing you can really do is personally not buy into any of those and do.ypur part in slowing down that side of crypto.

Henark

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Quote from: o48o on September 01, 2024, 03:23:58 PM

Quote from: Henark on January 31, 2014, 09:36:09 AM

After almost 250 coins (or as i think, proposals) created, now it's time to think how the crypto-economic-world can hit the real world and mainly the average population and the government (yes, we need their aprovation, or surrender xD). Now the dev should think about creating brand new services or protocols that could bring more safety and ease of use for that people.
Now all the crypto-coins are only one thing, even if one increase a little bit than other, all can get high prices with that services.

Why would that have ended? Most of them didn't make sense in the first place and i has become painfully clear that market never gets saturated by them even if there wouldn't be enough miner rigs, because there's always staking . Most of them are dead on arrival, but that doesn't prevent anyone making them more. And that's how it should be; freedom for anyone to build their own crappy coin.

Only thing that prevents them being a menace is the fact that they need to be listed to CeXes to get trading activity or they need to build their own ecosystem first, which is lots of work for a scam, that most of them are.

Anyone is free to create your own crappy coin, that wasn't the point. I was looking new researches, new models of blockchains.

o48o

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Quote from: Henark on January 31, 2014, 09:36:09 AM

After almost 250 coins (or as i think, proposals) created, now it's time to think how the crypto-economic-world can hit the real world and mainly the average population and the government (yes, we need their aprovation, or surrender xD). Now the dev should think about creating brand new services or protocols that could bring more safety and ease of use for that people.
Now all the crypto-coins are only one thing, even if one increase a little bit than other, all can get high prices with that services.

Why would that have ended? Most of them didn't make sense in the first place and i has become painfully clear that market never gets saturated by them even if there wouldn't be enough miner rigs, because there's always staking . Most of them are dead on arrival, but that doesn't prevent anyone making them more. And that's how it should be; freedom for anyone to build their own crappy coin.

Only thing that prevents them being a menace is the fact that they need to be listed to CeXes to get trading activity or they need to build their own ecosystem first, which is lots of work for a scam, that most of them are.

Henark

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Memecoins = altcoins

hilariousandco

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Quote from: cryptohunter on April 12, 2014, 07:28:35 AM

Quote from: RobertTitCoin on April 12, 2014, 06:51:43 AM

Quote from: hilariousandco on April 12, 2014, 06:39:38 AM

Quote from: RobertTitCoin on April 12, 2014, 06:32:18 AM

It is not because the coin is not improving a technical aspect that it is not useful. Granted, there are too many coins out there already. Also for our goal there is already SexCoin and TittieCoin. However, it is not because people are later to launch a coin that they are more or less crap than any of the earlier coins. We saw great potential in SexCoin and saw some flaws in the management which is why we are working for months already to involve industry partners before we launch this coin. We are aiming to make a coin for a specific group that benefits from it, make it fair, promote it with the right people, don't just launch it and hope people pick up (there are too many coins for this tactic to work) make sure businesses have a personal interest in the coin and most of all not abandon the coin. Saying all 200 coins you list there are all crap coins without better investigation in what they are trying to achieve is a bit... of a shortcut. In any case I agree that there are too many coins and yet I believe in the one I am promoting enough to join their team.. which is maybe a bit ironic Wink

.

PS: we are releasing the coin soon, more information can be found here:

http://forum.cryptolife.net/index.php?topic=66.0

Twitter
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Yeah, you say all that but your coin is called Titcoin, so all of what you just said is probably the same hot air and ideals all devs claim initially, so yeah, probably ironic (unless your post was meant to be entirely ironic (hard to tell these days Cheesy

)).

Valid point, then again, welcome to the internet which is even worse than real life to determine whether someone is lying or not. With AltCoins, you can never be sure.. there is money involved and personally I also don't trust people when money is involved.. only time will tell which coins are still supported by their team and which are not. We are in every case really doing an effort to get industry partners involved which is far from easy and explains why we didn't launch 4 months ago.

Also it actually works against the idea of what most guys want..... your gf finds bitcoin, litecoin etc on you pc fine.... finds titcoin with it being known for use with sex sites ...starts moaning.

Stupid idea and pointless.

Yup, that was my point with Sexcoin. Bitcoin is innocuous and what you use it for will be pretty ambiguous, but that's not really the case with Titcoin now is it? It's really not going to catch on within the industry and if they were going to use any crypto it'd almost certainly be BTC.

cryptohunter

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MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG

Quote from: RobertTitCoin on April 12, 2014, 06:51:43 AM

Quote from: hilariousandco on April 12, 2014, 06:39:38 AM

Quote from: RobertTitCoin on April 12, 2014, 06:32:18 AM

It is not because the coin is not improving a technical aspect that it is not useful. Granted, there are too many coins out there already. Also for our goal there is already SexCoin and TittieCoin. However, it is not because people are later to launch a coin that they are more or less crap than any of the earlier coins. We saw great potential in SexCoin and saw some flaws in the management which is why we are working for months already to involve industry partners before we launch this coin. We are aiming to make a coin for a specific group that benefits from it, make it fair, promote it with the right people, don't just launch it and hope people pick up (there are too many coins for this tactic to work) make sure businesses have a personal interest in the coin and most of all not abandon the coin. Saying all 200 coins you list there are all crap coins without better investigation in what they are trying to achieve is a bit... of a shortcut. In any case I agree that there are too many coins and yet I believe in the one I am promoting enough to join their team.. which is maybe a bit ironic Wink

.

PS: we are releasing the coin soon, more information can be found here:

http://forum.cryptolife.net/index.php?topic=66.0

Twitter
@OfficialTitcoin

Facebook
http://www.facebook.com/titcoin

Subscribe to Mailing list
http://[Suspicious link removed]/N4KET

Yeah, you say all that but your coin is called Titcoin, so all of what you just said is probably the same hot air and ideals all devs claim initially, so yeah, probably ironic (unless your post was meant to be entirely ironic (hard to tell these days Cheesy

)).

Valid point, then again, welcome to the internet which is even worse than real life to determine whether someone is lying or not. With AltCoins, you can never be sure.. there is money involved and personally I also don't trust people when money is involved.. only time will tell which coins are still supported by their team and which are not. We are in every case really doing an effort to get industry partners involved which is far from easy and explains why we didn't launch 4 months ago.

the entire premise of your coin is stupid.....the sex industry can use any coin it wants, why pick one with an insecure block chain? totally pointless. Use ltd doge or even btc just pick any of those to use. Also it actually works against the idea of what most guys want..... your gf finds bitcoin, litecoin etc on you pc fine.... finds titcoin with it being known for use with sex sites ...starts moaning.

Stupid idea and pointless.

hilariousandco

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Quote from: RobertTitCoin on April 12, 2014, 06:51:43 AM

Quote from: hilariousandco on April 12, 2014, 06:39:38 AM

Quote from: RobertTitCoin on April 12, 2014, 06:32:18 AM

It is not because the coin is not improving a technical aspect that it is not useful. Granted, there are too many coins out there already. Also for our goal there is already SexCoin and TittieCoin. However, it is not because people are later to launch a coin that they are more or less crap than any of the earlier coins. We saw great potential in SexCoin and saw some flaws in the management which is why we are working for months already to involve industry partners before we launch this coin. We are aiming to make a coin for a specific group that benefits from it, make it fair, promote it with the right people, don't just launch it and hope people pick up (there are too many coins for this tactic to work) make sure businesses have a personal interest in the coin and most of all not abandon the coin. Saying all 200 coins you list there are all crap coins without better investigation in what they are trying to achieve is a bit... of a shortcut. In any case I agree that there are too many coins and yet I believe in the one I am promoting enough to join their team.. which is maybe a bit ironic Wink

.

PS: we are releasing the coin soon, more information can be found here:

http://forum.cryptolife.net/index.php?topic=66.0

Twitter
@OfficialTitcoin

Facebook
http://www.facebook.com/titcoin

Subscribe to Mailing list
http://[Suspicious link removed]/N4KET

Yeah, you say all that but your coin is called Titcoin, so all of what you just said is probably the same hot air and ideals all devs claim initially, so yeah, probably ironic (unless your post was meant to be entirely ironic (hard to tell these days Cheesy

)).

Valid point, then again, welcome to the internet which is even worse than real life to determine whether someone is lying or not. With AltCoins, you can never be sure.. there is money involved and personally I also don't trust people when money is involved.. only time will tell which coins are still supported by their team and which are not. We are in every case really doing an effort to get industry partners involved which is far from easy and explains why we didn't launch 4 months ago.

I'm sure there's some devs that have the best intentions, but often their claims or aspirations turn out to be pretty naive and/or grossly overblown. I think with most of the alts that try capture a niche market or use a gimmick the question why not just use Bitcoin? comes into play.

RobertTitCoin

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Quote from: hilariousandco on April 12, 2014, 06:39:38 AM

Quote from: RobertTitCoin on April 12, 2014, 06:32:18 AM

It is not because the coin is not improving a technical aspect that it is not useful. Granted, there are too many coins out there already. Also for our goal there is already SexCoin and TittieCoin. However, it is not because people are later to launch a coin that they are more or less crap than any of the earlier coins. We saw great potential in SexCoin and saw some flaws in the management which is why we are working for months already to involve industry partners before we launch this coin. We are aiming to make a coin for a specific group that benefits from it, make it fair, promote it with the right people, don't just launch it and hope people pick up (there are too many coins for this tactic to work) make sure businesses have a personal interest in the coin and most of all not abandon the coin. Saying all 200 coins you list there are all crap coins without better investigation in what they are trying to achieve is a bit... of a shortcut. In any case I agree that there are too many coins and yet I believe in the one I am promoting enough to join their team.. which is maybe a bit ironic Wink

.

PS: we are releasing the coin soon, more information can be found here:

http://forum.cryptolife.net/index.php?topic=66.0

Twitter
@OfficialTitcoin

Facebook
http://www.facebook.com/titcoin

Subscribe to Mailing list
http://[Suspicious link removed]/N4KET

Yeah, you say all that but your coin is called Titcoin, so all of what you just said is probably the same hot air and ideals all devs claim initially, so yeah, probably ironic (unless your post was meant to be entirely ironic (hard to tell these days Cheesy

)).

Valid point, then again, welcome to the internet which is even worse than real life to determine whether someone is lying or not. With AltCoins, you can never be sure.. there is money involved and personally I also don't trust people when money is involved.. only time will tell which coins are still supported by their team and which are not. We are in every case really doing an effort to get industry partners involved which is far from easy and explains why we didn't launch 4 months ago.

hilariousandco

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Quote from: RobertTitCoin on April 12, 2014, 06:32:18 AM

It is not because the coin is not improving a technical aspect that it is not useful. Granted, there are too many coins out there already. Also for our goal there is already SexCoin and TittieCoin. However, it is not because people are later to launch a coin that they are more or less crap than any of the earlier coins. We saw great potential in SexCoin and saw some flaws in the management which is why we are working for months already to involve industry partners before we launch this coin. We are aiming to make a coin for a specific group that benefits from it, make it fair, promote it with the right people, don't just launch it and hope people pick up (there are too many coins for this tactic to work) make sure businesses have a personal interest in the coin and most of all not abandon the coin. Saying all 200 coins you list there are all crap coins without better investigation in what they are trying to achieve is a bit... of a shortcut. In any case I agree that there are too many coins and yet I believe in the one I am promoting enough to join their team.. which is maybe a bit ironic Wink

.

PS: we are releasing the coin soon, more information can be found here:

http://forum.cryptolife.net/index.php?topic=66.0

Twitter
@OfficialTitcoin

Facebook
http://www.facebook.com/titcoin

Subscribe to Mailing list
http://[Suspicious link removed]/N4KET

Yeah, you say all that but your coin is called Titcoin, so all of what you just said is probably the same hot air and ideals all devs claim initially, so yeah, probably ironic (unless your post was meant to be entirely ironic (hard to tell these days Cheesy

)).

RobertTitCoin

newbie

Activity: 34

Merit: 0

It is not because the coin is not improving a technical aspect that it is not useful. Granted, there are too many coins out there already. Also for our goal there is already SexCoin and TittieCoin. However, it is not because people are later to launch a coin that they are more or less crap than any of the earlier coins. We saw great potential in SexCoin and saw some flaws in the management which is why we are working for months already to involve industry partners before we launch this coin. We are aiming to make a coin for a specific group that benefits from it, make it fair, promote it with the right people, don't just launch it and hope people pick up (there are too many coins for this tactic to work) make sure businesses have a personal interest in the coin and most of all not abandon the coin. Saying all 200 coins you list there are all crap coins without better investigation in what they are trying to achieve is a bit... of a shortcut. In any case I agree that there are too many coins and yet I believe in the one I am promoting enough to join their team.. which is maybe a bit ironic Wink

.

PS: we are releasing the coin soon, more information can be found here:

http://forum.cryptolife.net/index.php?topic=66.0

Twitter
@OfficialTitcoin

Facebook
http://www.facebook.com/titcoin

Subscribe to Mailing list
http://[Suspicious link removed]/N4KET

elixir

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i hate it when the devs, if you can call them that, bring out a coin and then f*ck off. especially if theirs a few people interested in the coin.

calotico

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[/quote]

There's a massive list here as well: http://www.wheretomine.com/ Why people even bother with most of these is beyond me.
[/quote]

The answer is simple and you know it: bitcoin is reserved already (need details about that?), litecoin is minted by rich people with expensive hardware, known altcoins are going after litecoins and bitcoins (same path).

For newbies remains new altcoins with low dificulty and big expectation. It looks like regulation is good now for you, right? Wink

When regulation is made by guvernments is bad. When is no regulation (like in this crypto world) is bad...
People must chose their path: regulated or not?
Most of the "robin hoods" today transforms after a while in capitalist pigs, right? How do you regulate this?
Bitcoin is the biggest example of unregulated capitalist world: profits with no limits and, when this "dream" (I call it nightmare) is put on hold by other individuals (wich want only to survive, not to get rich), the ex-"robin hood" complains about it.

Let the chaos regulate us all!

guybrushthreepwood

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Quote from: kalus on January 31, 2014, 02:53:38 PM

coin creation phase hasn't ended; this is only the beginning.

you may have reached the limits of your tolerance, or imagination, though.

A dev with an imagination, now there would be something innovative and original. Half of these coins seem to be named after the first thing that pops into their head.

Quote from: Bluestreet on January 31, 2014, 02:56:25 PM

I still think iCoin can be huge just based on it's name, it will be interesting to see where iCoin goes, it really just has the best name for a virtual currency

It wont be when they get sued lol.

hilariousandco

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Quote from: Bluestreet on January 31, 2014, 02:56:25 PM

I still think iCoin can be huge just based on it's name, it will be interesting to see where iCoin goes, it really just has the best name for a virtual currency.

Guess a name is all a coin needs really.

Bluestreet

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I still think iCoin can be huge just based on it's name, it will be interesting to see where iCoin goes, it really just has the best name for a virtual currency.

I mean even Digibyte I thought had a good name but after thinking about it, it sounds more like a tech company.

kalus

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let's make a deal.

coin creation phase hasn't ended; this is only the beginning.

you may have reached the limits of your tolerance, or imagination, though.

Topic: (My opinion) The Coin Creation Phase has ended... (Read 2047 times)