Topic: Not another is Bitcoin dead question?? BUT... (Read 2806 times)

Sure bud, the moment Bismuth takes over Gold price is the moment I'll focus on NXT.

For the moment the best usage of Bismuth:

I'm not your bud, friend.

You seem very focussed on a very short timeframe. Things may change. And the reasons they change are in the end the useability in society. And that is determined by the technological possibilities. Broaden your mind, amigo.

"buy my next, etherum, ripple, [insert random shitcoin, even premined scamcoins here]. buy em! cmon, buy em! bitcoin is dead. now fuckin buy my coins!"

LOL where is the $75 mill investment in NXT?

Where is the fully regulated compliant exchange for NXT?

When is Microsoft and Paypal going to accept NXT payments?

When is Andreas Antonopolous going to author "Mastering NXT"

When are they going to start talking about NXT at the Davos world economic summit?

Don't need to answer you questions, already have the final answer bud.

You avoid my questions, that's too bad. Maybe others will want to comment?

I hope BTC will innovate, otherwise I think the OP may be right - it will follow the path of other non-innovative cryptocoins and eventually disappear. Time will tell!

I already stated, none of those scamcoins have the backing, developer support, investment to thrive or survive.

NXT, come on man!  You know that's not going anywhere...

That's like me saying why am I buying Gold, I should really put all my money into Bismuth.  Sure it may a few qualities that make it attractive, but come on.  Is there going to be a Bismuth4cash website popping up?  Can you buy Bismuth at Kay Jewelers?  Is Bismuth a good store of value over time?  Can I transact with Bismuth?

Same thing with Bitcoin over the scumcoins.

NXT...why did you even bring it up?  

Bluntness excused. But I'm not your bud, guy.

Have you watched the talk by Andreas? What do you think about it?

My main point is still: it's not about if one or two altcoins will survive. Many will survive. And many will disappear and new ones created. There will be coins created for a single event, not existing longer than the event itself. There is absolutely no reason for just one cryptocurrency to exist. I just can't wrap my mind around why anyone would think that there would be only one cryptocurrency. Could you please explain why there would?

If certain cryptocurrencies are just copycats of others, surely there is not much reason for them to survive. Not even to create them. In 2014 there was a lot of copycatting for pump and dump reasons, but those times are over. It's a learning process that we're in.

The cryptocurrencies that are still here are usually not copycats of BTC. On the contrary, they usually aim to fill a void left by BTC or aim to build new stuff upon it. Or remedy an ailment, like UNO remedies the inflation problem. If you would like to learn more I'd suggest you just go to one of the threads of the more popular ones, install a wallet and look what they have to offer.

One exanple is NXT. It offers in-wallet exchanges for assets, it has a new monetary system that makes it very easy to create a new cryptocurrency and work with it. It also features a voting system.

Public ledgers are also very interesting ways to account for valuables other then money. There are way to many lawyers, accountants and other financial professionals making money off of things that could be easily handled with public ledgers (I'm trying very hard to avoid the word 'blockchains' here).  

So I repeat myself - there are altcoins that offer technologically advances (or just differences) that make them valuable to society in one way or the other. That does not mean they will replace BTC as 'the number one'. But again, if BTC fails to innovate, it will be dethroned one day, just like MySpace was dethroned by Facebook, and Facebook will one day be dethroned by something better, most likely.

I'd like to hear from you, ChuckBuck (or someone else), why BTC deserves the market cap is has today. In what way, for exanple, is BTC better then NXT? And I'd also like to know why you think there could be only one cryptocurrency in general use.

That's sounds so wrong on so many levels.

Like "marinecoin" will actually be worth anything in a few days/weeks.  At least pump a scamcoin that has a chance like Ripple, that'll be here for a year or two.

-1 for Bernard Lerring useless post.

At least post a sentence stating why.

Sorry, I don't deal with shitcoin holders, you're all beneath me.  

Just messing with you bud.  I don't believe any of those alternate cryptos will survive, so excuse my bluntness.

Which of your copycat coins, do you think will actually survive with no real development or real investment?  Awaiting your response and reasons(this ought to be good).

You have to select currencies by TOTAL supply, and then you will see more market caps in the billions. Marinecoin being most similar to the one described above. Edit: looks like marinecoin under a billion now. was over a billion not long ago. on dozens of us dollars volume.

+1 for julian071's post

You sir, are totally wrong.

First of all, as explained above, the market cap can lie. Secondly, the market cap is only a derivative of the true value, which is the value a coin has in our society, which is in turn a direct consequence of (principally) its technological advances. Moreover, the market cap is largely the result of speculation.  

Your total lack of interest in the technology as compared to BTC's worth today leads me to believe, but correct me if I'm wrong, that you're just a bagholder who's waiting for the right time to dump it all for precious fiat.

But more importantly, you seem to think that there should only be one cryptocoin, as others are not to be bothered with. In my mind's eye I see you making the same argument when the first email hosting companies arose: "don't bother with hotmail or gmail, they're just scamming copycats, there can be only one email-provider!" Very funny =)

Moreover, if you don't allow any pluralty, progress will be stifled. And even your precious investment will be in danger of never taking off. I worry for Bitcoin that to many people tihink like you, and progress will be to slow because people will relly on BTC being the biggest (in marketcap) and therefore 'the best', in stead of on innovation.

But don't take my word for it, just watch the guy in this youtube clip below. It's called 'The future of Bitcoin" by Andreas Antonopoulos.

https://www.youtube.com/watch?v=jw28y81s7Wo

Where is the coin you speak of with the $1bill market cap?  I don't see it on coinmarketcap.com

I thought you said this happens every day???

I release a coin with example 1billion coins max, premined 99% to 100% , presale it and buy it myself (or other method - just need to make sure i control most the coins) - and just sell one coin for 1 dollar (to myself) and i have just created 1 billion marketcap with a single transaction.
Great stuff, isn't it?

Happens every day.

And please see a doctor for the paranoia-issue you have there ...

Explain beartroll.

And please don't be another one of NotLambChop's 35 alts, posting a stupid gif.

you must be new here 

every time i sell it goes up.. every time i buy it goes down.  im a shite trader but a good hodler.  if the ship sinks, many of the captains will go down with it.  all virtual currencies of the past have failed due to govn't intervention.  this fortunately can't happen with btc

I think you're referring to altchains, that mimick or copy the original blockchain technology.

There's only 1 true Blockchain, and it specifically deals with Bitcoin only.

If you're talking about scamcoins that copycat blockchain and the Bitcoin protocol, don't bother:



There really is no point.  There's just no backing, no support, not enough development behind Ripple, or Litecoin, or Paycoin, or NXT, or Stellar.  Is Ethereum still a thing?

Just don't waste your time or money with that nonsense.  Market Cap don't lie.

OP, bitcoin will be around long after you're gone. do not worry about that one