My view on the future of Crypto Currencies - page 3.

orangered

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Activity: 60

Merit: 10

Quote from: sweetgirl01 on March 28, 2014, 09:51:04 AM

I also don't like ripple, I think litecoin will be in the future will have great development, because now it still has very large development space

In my view the best shot at crypto dominance is a easy to use coin that is fast and secure. It will need to be a PoW/PoS hybrid with an Android app that can mint new coins and has large community devoted to it's development.

The only alt I know about that is anywhere near being that is MINT. And at under 20 satosh right now it's a hell of a bargain. There's no completed android app as of yet but there will be soon enough. It's being developed now.

Get in while it's hot!!! Once android minting comes out this coin is going to explode in price.

Boris-The-Blade

full member

Activity: 156

Merit: 100

I dont want to be hearing about new Coins. Not when Half of my wealth is tied up in Bitcoins and Litecoins.

Alot of other people are in the same boat as me. Bitcoin cant fail because there are to many of us who wont give up on it.
Or cant give up on it lol.

Beliathon

hero member

Activity: 784

Merit: 1000

https://youtu.be/PZm8TTLR2NU

Quote from: Bit_Happy on March 27, 2014, 11:22:12 PM

somehow I ended up with an account negative 999,000 LOLcoins...I don't know how this happened can anyone explain?

Essentially, the internet is saying to you, "hey, your LOL coins are actually worth less than nothing! You shouldn't use this crypto... Stick to BTC"

Beliathon

hero member

Activity: 784

Merit: 1000

https://youtu.be/PZm8TTLR2NU

Quote from: Crindon on March 27, 2014, 10:36:26 PM

With Mintcoin, you get more coins by holding them

Wait, wouldn't that be terrible for any Mintcoin-based economy? Since it is the MOVEMENT / fluidity of currency that grows an economy??

PirateButtercup

member

Activity: 61

Merit: 10

I find animosity toward Ripple to be perplexing.

The Ripple protocol enables a 1000 Bitcoin transactions per second (and is easily scaleable) ... whereas the bitcoin protocol can only handle what?...7?

The RTXP protocol enables bitcoin transaction to clear instantly ... whereas the BTC protocol takes a minimum of 10 minutes.

The consensus system is not subject to malleability or 51% attack....

The network is distributed, so accounts can't be frozen and it doesn't rely on centralized exchanges (i.e. Mt Gox).

Every aspect of it is open source so you can do whatever you want with it.

I can understand a preference for a particular currency (like gold or LTC)...and a revulsion from others (like fiat). With Ripple you can keep your wealth in any currency you want....and have it easily interchangeable with everyone else. (I wouldn't recommend XRP though as it is primarily for anti spam....)

There is no doubt the Ripple ecosystem is the most inclusive, thoroughly designed payment system, exchange and protocol.... and it's closest competitor is still in a primordial soup....

Lauda

legendary

Activity: 2674

Merit: 2965

Terminated.

Quote from: jojo69 on March 27, 2014, 10:14:09 PM

death to ripple

You have my vote.

sweetgirl01

member

Activity: 66

Merit: 10

Quote from: Bit_Happy on March 27, 2014, 11:22:12 PM

I want to like Ripple.... "a few frustrating but enlightening hours" just doesn't cut it these days.

Quote from: str4wm4n on March 27, 2014, 10:43:58 PM

I had a revelation about Ripple and saw its potential about a month ago when a few Ripple based alt coins (BIG coin and LOLcoin) were released and the coins were given away like XRP was originally on bitcointalk.

I was determined to exchange the free coins for btc and after a few frustrating but enlightening hours I was successful in exchanging my 50,000 BIG coin and 2,000,000 LOLcoin for .008 btc.

If you really want to understand ripple, I found hands on experience to be the best teacher.

somehow I ended up with an account negative 999,000 LOLcoins...I don't know how this happened can anyone explain?

Careful if the value goes way up you will have a debt you can never repay...........LOL?

I also don't like ripple.
I think litecoin will be in the future will have great development, because now it still has very large development space
I bought some at a high price, while the present price halved! Damned!

hilariousandco

global moderator

Activity: 3990

Merit: 2717

Join the world-leading crypto sportsbook NOW!

Quote from: str4wm4n on March 27, 2014, 10:43:58 PM

I had a revelation about Ripple and saw its potential about a month ago when a few Ripple based alt coins (BIG coin and LOLcoin) were released and the coins were given away like XRP was originally on bitcointalk.

I was determined to exchange the free coins for btc and after a few frustrating but enlightening hours I was successful in exchanging my 50,000 BIG coin and 2,000,000 LOLcoin for .008 btc.

If you really want to understand ripple, I found hands on experience to be the best teacher.

somehow I ended up with an account negative 999,000 LOLcoins...I don't know how this happened can anyone explain?

I think the lol after -999,000 is apt here.

PirateButtercup

member

Activity: 61

Merit: 10

@Bit Happy…Ripple may seem difficult to understand to some, it depends on your knowledge of finance. For you to get a better grasp about how there can be BTC:Bitstamp, take a quick jog over to wikipedia and read about the Free Banking Era of the 1800s (before the Fed).

@Str4m4n…yes, I can explain what happened. Ripple allows anyone to become a ‘bank’ or 'gateway' and issue anything of value. One man, for example, issued DYM which he backed with real silver dimes that he would redeem upon demand. You apparently issued about a million LOL, and someone trusted you and accepted them from you. (As a general rule for newbies, you probably shouldn’t trust anyone other than the gateway where you deposited cash, crypto or commodity).

gonzoucab

newbie

Activity: 42

Merit: 0

Quote from: twiifm on March 27, 2014, 11:16:50 PM

Quote from: gonzoucab on March 27, 2014, 11:11:56 PM

POS Android minting is the future

more Distributed and not dependant in big hardware to process transactions.

Less energy consumption, and really really fast confirmation speed.

That gives you three options: Mint (since early feb) BC sin late feb/march and ECC

Mint have better name and the comunity is not focused on price pumping, but in developing services
in the other hand, BC is more focused on price pumping trough multipool (ASIC will kill this)

ECC sounds like w0long, i bought a few at 6 an alredy put it on sale at 48, trying to get lucky

Mint is clearly the future.

Thanks for the info. So the app is called Mint?

The Coin, Mint coin.

The app is gonna be released soon, revolutionary.

twiifm

hero member

Activity: 784

Merit: 500

Quote from: Crindon on March 27, 2014, 11:22:25 PM

Quote from: twiifm on March 27, 2014, 11:16:50 PM

Quote from: gonzoucab on March 27, 2014, 11:11:56 PM

POS Android minting is the future

more Distributed and not dependant in big hardware to process transactions.

Less energy consumption, and really really fast confirmation speed.

That gives you three options: Mint (since early feb) BC sin late feb/march and ECC

Mint have better name and the comunity is not focused on price pumping, but in developing services
in the other hand, BC is more focused on price pumping trough multipool (ASIC will kill this)

ECC sounds like w0long, i bought a few at 6 an alredy put it on sale at 48, trying to get lucky

Mint is clearly the future.

Thanks for the info. So the app is called Mint? Isn't that a Intuit product?

It's one of the altcoins called Mintcoin or MINT. It is now using Proof of Stake (PoS) minting which means if you have Mintcoins and just hold them, you get 20% more coins after one year. It's kinda like mining except you don't have to send BTC to some bogus website in hopes that they will send you an ASIC to mine SHA or scrypt coins with and not rip you off. You can mint with a laptop and so long as you don't move the coins and they just sit there, you get 20%.

Awesome will check it out

Crindon

sr. member

Activity: 434

Merit: 250

Quote from: twiifm on March 27, 2014, 11:16:50 PM

Quote from: gonzoucab on March 27, 2014, 11:11:56 PM

POS Android minting is the future

more Distributed and not dependant in big hardware to process transactions.

Less energy consumption, and really really fast confirmation speed.

That gives you three options: Mint (since early feb) BC sin late feb/march and ECC

Mint have better name and the comunity is not focused on price pumping, but in developing services
in the other hand, BC is more focused on price pumping trough multipool (ASIC will kill this)

ECC sounds like w0long, i bought a few at 6 an alredy put it on sale at 48, trying to get lucky

Mint is clearly the future.

Thanks for the info. So the app is called Mint? Isn't that a Intuit product?

It's one of the altcoins called Mintcoin or MINT. It is now using Proof of Stake (PoS) minting which means if you have Mintcoins and just hold them, you get 20% more coins after one year. It's kinda like mining except you don't have to send BTC to some bogus website in hopes that they will send you an ASIC to mine SHA or scrypt coins with and not rip you off. You can mint with a laptop and so long as you don't move the coins and they just sit there, you get 20%.

Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

I want to like Ripple.... "a few frustrating but enlightening hours" just doesn't cut it these days.

Quote from: str4wm4n on March 27, 2014, 10:43:58 PM

I had a revelation about Ripple and saw its potential about a month ago when a few Ripple based alt coins (BIG coin and LOLcoin) were released and the coins were given away like XRP was originally on bitcointalk.

I was determined to exchange the free coins for btc and after a few frustrating but enlightening hours I was successful in exchanging my 50,000 BIG coin and 2,000,000 LOLcoin for .008 btc.

If you really want to understand ripple, I found hands on experience to be the best teacher.

somehow I ended up with an account negative 999,000 LOLcoins...I don't know how this happened can anyone explain?

Careful if the value goes way up you will have a debt you can never repay...........LOL?

twiifm

hero member

Activity: 784

Merit: 500

Quote from: gonzoucab on March 27, 2014, 11:11:56 PM

POS Android minting is the future

more Distributed and not dependant in big hardware to process transactions.

Less energy consumption, and really really fast confirmation speed.

That gives you three options: Mint (since early feb) BC sin late feb/march and ECC

Mint have better name and the comunity is not focused on price pumping, but in developing services
in the other hand, BC is more focused on price pumping trough multipool (ASIC will kill this)

ECC sounds like w0long, i bought a few at 6 an alredy put it on sale at 48, trying to get lucky

Mint is clearly the future.

Thanks for the info. So the app is called Mint?

gonzoucab

newbie

Activity: 42

Merit: 0

POS Android minting is the future

more Distributed and not dependant in big hardware to process transactions.

Less energy consumption, and really really fast confirmation speed.

That gives you three options: Mint (since early feb) BC sin late feb/march and ECC

Mint have better name and the comunity is not focused on price pumping, but in developing services
in the other hand, BC is more focused on price pumping trough multipool (ASIC will kill this)

ECC sounds like w0long, i bought a few at 6 an alredy put it on sale at 48, trying to get lucky

Mint is clearly the future.

counter

hero member

Activity: 798

Merit: 500

Time is on our side, yes it is!

I'm a strong supporter of two you named and I'll let you guess witch two I'm talking about. Roll Eyes

I don't know a long about Mastercoin so I won't say much about that.. End comment hehe.

str4wm4n

legendary

Activity: 1611

Merit: 1001

I had a revelation about Ripple and saw its potential about a month ago when a few Ripple based alt coins (BIG coin and LOLcoin) were released and the coins were given away like XRP was originally on bitcointalk.

I was determined to exchange the free coins for btc and after a few frustrating but enlightening hours I was successful in exchanging my 50,000 BIG coin and 2,000,000 LOLcoin for .008 btc.

If you really want to understand ripple, I found hands on experience to be the best teacher.

somehow I ended up with an account negative 999,000 LOLcoins...I don't know how this happened can anyone explain?

Crindon

sr. member

Activity: 434

Merit: 250

In moving into the future, we all must consider the effects to the environment and issues of sustainability. The only coin that moves towards this is Mintcoin. Mintcoin has an excellent development team and a huge and growing community. It has switched to Proof of Stake minting which takes a lot less electricity than coins like Bitcoin or Litecoin. With Mintcoin, you get more coins by holding them. It pays out at 20% in the first year, then 15%, then 10%, then 5% for each subsequent year. The community is strong and more and more merchants keep adding Mintcoin. As well, Vault of Satoshi is adding Mintcoin next month which is fantastic. This is definitely gonna be one of the long-term players.

Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

Quote from: Blazin604 on March 27, 2014, 09:03:53 PM

....
Ripple is poised to be the next big thing during the crypto-currency revolution.

Ripple is ridiculously complicated (i.e my balance is not actually BTC but "Bitstamp btc" // that is only one example of serious issues with Ripple), and in it's current form has almost no chance of real success. Sorry, but I strongly believe that to be accurate.

Maybe, the Ripple creators are "too smart" and cannot create something suitable for the masses?

jojo69

legendary

Activity: 3318

Merit: 4606

diamond-handed zealot

death to ripple

Topic: My view on the future of Crypto Currencies - page 3. (Read 5034 times)