Well being a Titan (NO ROI) 1st batch user..they announced they are shipping next week 300mh for first batch chumps
(talk about a company knc going from pope mobile to death star with in a year..man money corrupts)
anyway they did announce that it will do scrypt-N and vague other algorithms..i really don't buy it ...but going with the idea for now (humor me)
I myself think this at best is a firmware upgrade in say 2-3 months and prob only would use 100mh at best on the Titan
BUT
I know not as much as I should about alts (yeah I know don't giggle...KNC is already giggling at my $$$ going to their large data halls for their 'arctic cloud'
so would scrypt N help me much in my hopeless quest to SOME movement towards my purchase price (a % there of) faster or is it
just a gimmick ( I was told scypt-n needs more then a bit of ram..something knc neglected to mention in their annnoucement (see below)
https://www.kncminer.com/news/news-106
thanks....anyway looks like my last miner at 15c/kwh (ave in the states) btc price and imho every fool and his brother cloud mining
home mining looks pretty dead in my view..at least at my elec rate (which is ave for usa by the by)
so it goes...bitcoin always a wonderland of confusion...and man in the last year I"ve really seen BFL ethics take over the asic maker world!
thanks in advance for any info
Searing
Topic: Reality check on alts (Read 3791 times)
proof of stake coins will always beat out proof of work coins in the long term.....
To me, bitcoin is just another alt...
Yes, there I said it.
There has been other electronic currencies before, other than its' cryptographic nature it isn't all that much better or great.
( long confirmation times, huge blockchain to download, tons of energy being wasted to mine it. etc etc.. )
Yes, there I said it.
There has been other electronic currencies before, other than its' cryptographic nature it isn't all that much better or great.
( long confirmation times, huge blockchain to download, tons of energy being wasted to mine it. etc etc.. )
Next year, scrypt coins get legitimized and the increased hashing power will increase the overall security of the coins enabling investors to start to place bets on the next bitcoin.
These are my sentiments as well.
I think we might first see some consolidation and then a resurgence in 2015 with the consumer playing a greater role in determining the winners and the losers.
to be honest you only have to listen to mike hearn talking about the "fragility" of bitcoin to think hmm there must be competition on the horizon. I don't mean to say bitcoin's thin ice, but just because the whole thing feels too static. To use an old comparison it's like late 90s ISPs and email providers wanting you to pay for a 5mb inbox - what's gonna happen next will be foreign to the status quo, but so it must be. alts will most likely be involved, but whether it'll be any of those on the top today, who knows.
Exactly why I'm bullish on Bitcoin. All this time and still nothing has come out to really impact Bitcoin and really compete. This is something that isn't very easy to do or it would have been done already IMO. Up to this point the only coins to come out have been scams and clones, minus a very few from what I've seen.
Agreed on bitcoin's selling points, I was mostly going off the back of what mike hearn said recently, ie that bitcoin's lacking in developers and financial support, which makes me wonder what's gonna happen should a sudden influx of users occur like everyone expects? though equally no alt is anywhere near ready to support a massive surge in clientbase either so..
Next year, scrypt coins get legitimized and the increased hashing power will increase the overall security of the coins enabling investors to start to place bets on the next bitcoin.
These are my sentiments as well.
I think we might first see some consolidation and then a resurgence in 2015 with the consumer playing a greater role in determining the winners and the losers.
to be honest you only have to listen to mike hearn talking about the "fragility" of bitcoin to think hmm there must be competition on the horizon. I don't mean to say bitcoin's thin ice, but just because the whole thing feels too static. To use an old comparison it's like late 90s ISPs and email providers wanting you to pay for a 5mb inbox - what's gonna happen next will be foreign to the status quo, but so it must be. alts will most likely be involved, but whether it'll be any of those on the top today, who knows.
Exactly why I'm bullish on Bitcoin. All this time and still nothing has come out to really impact Bitcoin and really compete. This is something that isn't very easy to do or it would have been done already IMO. Up to this point the only coins to come out have been scams and clones, minus a very few from what I've seen.
Agreed on bitcoin's selling points, I was mostly going off the back of what mike hearn said recently, ie that bitcoin's lacking in developers and financial support, which makes me wonder what's gonna happen should a sudden influx of users occur like everyone expects? though equally no alt is anywhere near ready to support a massive surge in clientbase either so..
Next year, scrypt coins get legitimized and the increased hashing power will increase the overall security of the coins enabling investors to start to place bets on the next bitcoin.
These are my sentiments as well.
I think we might first see some consolidation and then a resurgence in 2015 with the consumer playing a greater role in determining the winners and the losers.
to be honest you only have to listen to mike hearn talking about the "fragility" of bitcoin to think hmm there must be competition on the horizon. I don't mean to say bitcoin's thin ice, but just because the whole thing feels too static. To use an old comparison it's like late 90s ISPs and email providers wanting you to pay for a 5mb inbox - what's gonna happen next will be foreign to the status quo, but so it must be. alts will most likely be involved, but whether it'll be any of those on the top today, who knows.
Exactly why I'm bullish on Bitcoin. All this time and still nothing has come out to really impact Bitcoin and really compete. This is something that isn't very easy to do or it would have been done already IMO. Up to this point the only coins to come out have been scams and clones, minus a very few from what I've seen.
Next year, scrypt coins get legitimized and the increased hashing power will increase the overall security of the coins enabling investors to start to place bets on the next bitcoin.
These are my sentiments as well.
I think we might first see some consolidation and then a resurgence in 2015 with the consumer playing a greater role in determining the winners and the losers.
to be honest you only have to listen to mike hearn talking about the "fragility" of bitcoin to think hmm there must be competition on the horizon. I don't mean to say bitcoin's thin ice, but just because the whole thing feels too static. To use an old comparison it's like late 90s ISPs and email providers wanting you to pay for a 5mb inbox - what's gonna happen next will be foreign to the status quo, but so it must be. alts will most likely be involved, but whether it'll be any of those on the top today, who knows.
Next year, scrypt coins get legitimized and the increased hashing power will increase the overall security of the coins enabling investors to start to place bets on the next bitcoin.
These are my sentiments as well.
I think we might first see some consolidation and then a resurgence in 2015 with the consumer playing a greater role in determining the winners and the losers.
to be honest you only have to listen to mike hearn talking about the "fragility" of bitcoin to think hmm there must be competition on the horizon. I don't mean to say bitcoin's thin ice, but just because the whole thing feels too static. To use an old comparison it's like late 90s ISPs and email providers wanting you to pay for a 5mb inbox - what's gonna happen next will be foreign to the status quo, but so it must be. alts will most likely be involved, but whether it'll be any of those on the top today, who knows.
The ideas in this thread are right-on and relate to another thread, with a similar discussion bitcointalk.org - Re: How we crypto-geeks get it wrong & the reality of altcoin success
most alts are shite obviously
Yes, the altcoin zoo is a wild, confusing, and lawless frontier zone.
To provide some guidance for noobs, in honor of our annual Eternal September festivities beginning tomorrow, I've updated my signature.
its a good list
TYVM. Feel free to steal it and help drive out the shitcoin infestation if you like.
Next year, scrypt coins get legitimized and the increased hashing power will increase the overall security of the coins enabling investors to start to place bets on the next bitcoin.
These are my sentiments as well.
I think we might first see some consolidation and then a resurgence in 2015 with the consumer playing a greater role in determining the winners and the losers.
The problem with scrypt ALTs is that the majority of miners just mine them as a vehicle to get BTC with old tech. This has created constant selling pressure on them. When scrypt ASICS become prolific at the end of the year, you will see this turn around because it will force the GPU crowd onto other coins and old tech will no longer be a factor in scrypt coins.
Next year, scrypt coins get legitimized and the increased hashing power will increase the overall security of the coins enabling investors to start to place bets on the next bitcoin.
Next year, scrypt coins get legitimized and the increased hashing power will increase the overall security of the coins enabling investors to start to place bets on the next bitcoin.
Nice signature.
LTC: selling misinformation (at best) or flat out lies since when there was chance for an altcoin to exist.
Monero, boolberry, cryptonite: all based on same tech, all apparently having something not quite right.
Not encouraging VTC or MYR... sorry Sir, I totally disagree with you!
LTC: selling misinformation (at best) or flat out lies since when there was chance for an altcoin to exist.
Monero, boolberry, cryptonite: all based on same tech, all apparently having something not quite right.
Not encouraging VTC or MYR... sorry Sir, I totally disagree with you!
LOL, lots of people are getting the false impression that Cryptonite is a Cryptonote-based coin, but it's not.
XCN is based on mini-blockchains, which are completely incompatible with CN's ring signatures.
I'm trying to get BitFreak to change the name to something less tremendously confusing to non-specialists, and more distinct and descriptive (such as 'MiniCoin') but it's like pulling teeth.
You'd think no coin had ever successfully changed it's name/ticker before, despite the example of BitMonero/Monero/MRO/XMR.
You'd think no coin had ever successfully recycled an abandoned name before, despite the example of ByteCoin.
You'd think a simple re-branding of an obscure month-old coin, with scant volume on a mere handful of exchanges, is equivalent to a hard fork and re-launch, but it isn't.
(XPOSTed to XCN thread)
Just don't do it.. 
Doesn't want competition for "her" scam/crapcoins. This person is one of the most notoriously evil of all scamdevs on the forum.
Funny how "she" would only pipe up when a non-scammer wants to create a coin.
<---- She gave me this trust rating because I was warning people about her relationship with Iconic Expert.
Nice signature.
LTC: selling misinformation (at best) or flat out lies since when there was chance for an altcoin to exist.
Monero, boolberry, cryptonite: all based on same tech, all apparently having something not quite right.
Not encouraging VTC or MYR... sorry Sir, I totally disagree with you!
LTC: selling misinformation (at best) or flat out lies since when there was chance for an altcoin to exist.
Monero, boolberry, cryptonite: all based on same tech, all apparently having something not quite right.
Not encouraging VTC or MYR... sorry Sir, I totally disagree with you!
most alts are shite obviously
Yes, the altcoin zoo is a wild, confusing, and lawless frontier zone.
To provide some guidance for noobs, in honor of our annual Eternal September festivities beginning tomorrow, I've updated my signature.
i don't have much use for opinions from guys who post in the Altcoin section once a year sorry..
Why do you constantly troll every OP on this site? If anyone deserved to be banned it is you.
You need to fuck off and quit following me around starting shit with me on every topic you can.
you were spouting off stupid bullshit trolling on my fav coin's ann topic (JPC) like a an idiot
then i have seen your following me around mouthing me off where ever i go.. over & over..
and your not the first to do that so get in line with the rest of my Troll "fans"
your a fucking retard.
all people have to do is go read your comments and they will see clearly YOU are the fucking Troll not me asshole !
i highly suggest you learn to keep your mouth shut punk.. few people fuck with me and get way it.. ask around
so sit down and shut the fuck up Troll no one wants to here your whining..
and maybe make some kind of effort to talk about the topic at hand
instead of crying to Bitcointalk users about how much you don't like Spoetnik.. no one cares brat.
keep it up idiot and i will teach you lesson rotten little shit
problem 1: rampant speculation
problem 2: people are dumb as shit
... so from my perspective everything is developing perfectly normal.
problem 2: people are dumb as shit
... so from my perspective everything is developing perfectly normal.
A-GREED !
You know what, This chat has built up my enthusiasum again, I should just do it, I have a coin producer all ready lined up, If you can help with nodes/getting onto pool's/PR work then watch this space, I will link on this thread my announcement.
Please note, This will be a "not for profit" coin, Made with fast turnover and some other nice features, I want to do this, Spread the word!
https://bitcointalksearch.org/topic/m.8602694
Please note, This will be a "not for profit" coin, Made with fast turnover and some other nice features, I want to do this, Spread the word!
https://bitcointalksearch.org/topic/m.8602694
Just don't do it..
problem 1: rampant speculation
problem 2: people are dumb as shit
... so from my perspective everything is developing perfectly normal.
problem 2: people are dumb as shit
... so from my perspective everything is developing perfectly normal.
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