Stop and Ban those alt coins copycats now - page 3.

BitEnthusiast

member

Activity: 73

Merit: 10

Quote from: Sutters Mill on January 25, 2014, 04:56:39 PM

Quote from: BitEnthusiast on January 25, 2014, 04:54:31 PM

Quote from: guybrushthreepwood on January 25, 2014, 04:30:57 PM

Quote from: BitEnthusiast on January 25, 2014, 04:08:24 PM

I think alts are great if they're innovative.

Which alts are innovative? I don't think I've seen any in the past couple of months that are.

Zerocoin. It's suppose to launch May 2014. It will make transactions provably anonymous, unlike Bitcoin. Also google Cloudcoin, Bitcloud's cryptocurrency, they both actually serve a purpose and are not built on an existing cryptocurrency.

I've seen you push Zerocoin a lot, are you involved in it at all?

Lol. Not at all. I believe it will be big for those who value privacy and anonymity.

Sutters Mill

hero member

Activity: 976

Merit: 575

Cryptophile at large

Quote from: BitEnthusiast on January 25, 2014, 04:54:31 PM

Quote from: guybrushthreepwood on January 25, 2014, 04:30:57 PM

Quote from: BitEnthusiast on January 25, 2014, 04:08:24 PM

I think alts are great if they're innovative.

Which alts are innovative? I don't think I've seen any in the past couple of months that are.

Zerocoin. It's suppose to launch May 2014. It will make transactions provably anonymous, unlike Bitcoin. Also google Cloudcoin, Bitcloud's cryptocurrency, they both actually serve a purpose and are not built on an existing cryptocurrency.

I've seen you push Zerocoin a lot, are you involved in it at all?

Pangia

sr. member

Activity: 406

Merit: 250

Holy Crap! There are so many people upset at a certain coin.

BitEnthusiast

member

Activity: 73

Merit: 10

Quote from: guybrushthreepwood on January 25, 2014, 04:30:57 PM

Quote from: BitEnthusiast on January 25, 2014, 04:08:24 PM

I think alts are great if they're innovative.

Which alts are innovative? I don't think I've seen any in the past couple of months that are.

Zerocoin. It's suppose to launch May 2014. It will make transactions provably anonymous, unlike Bitcoin. Also google Cloudcoin, Bitcloud's cryptocurrency, they both actually serve a purpose and are not built on an existing cryptocurrency.

Sutters Mill

hero member

Activity: 976

Merit: 575

Cryptophile at large

Quote from: banaltcoin on January 25, 2014, 03:14:17 PM

Almost all(in fact, all) of the alt-coins out there are going to be a waste of time. They're being created to take advantage of people who get super excited about different things and then get pumped and dumped.

Most alt coins are completely pointless and just poor replicas of what's already out there with little to no improvement.

Those alt coins(junkcoins) are spreading the investment of bitcoin and can't be good for crypto as a whole, they will also destroy people's trust of cryptocurrencies after their crash and run and disapparation. only their "developers" or "early adopters team" will get rich quick by taking your money away.

Bitcoin has a limit of only 21 million, however with all these so called "alt coins", the total number of crypto is in fact unlimited and make all cryptocurrencies end up into a ponzi scheme(only detract from people's perceived value of Bitcoin and the legitimacy of cryptos in general)

Stop and Ban those alt coins copycats now, let the money flow back to the bitcoin!

I think that the alt-coins actually take advantage of people new to cryptocurrency. I remember clearly thinking to myself when I first got into this, 'Bitcoin is pretty expensive and it's not profitable to mine it on my laptop, how about another alt'. This is when newbies look at alternatives and get caught up in the bull of it all. I nearly got swept away in Coinye.

guybrushthreepwood

legendary

Activity: 1232

Merit: 1195

Quote from: BitEnthusiast on January 25, 2014, 04:08:24 PM

I think alts are great if they're innovative.

Which alts are innovative? I don't think I've seen any in the past couple of months that are.

BitCoinDream

legendary

Activity: 2394

Merit: 1216

The revolution will be digital

LoLz Open Source brother.... U can STOP them and EVERYONE want Satoshi's balance in their account.

EvilPanda

hero member

Activity: 658

Merit: 500

Small Red and Bad

Nobody can make people buy alts. If people want to invest their time and money they are free to do it. Why should anyone ban anything, this is a free market.

Paladin69

hero member

Activity: 784

Merit: 1000

They are all denominated in Bitcoin. People recognize them as a means to possibly get more BTC. I don't view them as a threat.

BitEnthusiast

member

Activity: 73

Merit: 10

I think alts are great if they're innovative. I own Bitcoin and Dogecoin (DOGE for its short term profits), but when Zerocoin, Cloudcoin (Bitcloud's cryptocurrency), and Ethers (Ethereum's cryptocurrency) launch, coins like these that serves a purpose will be the new and most alts that are built on top of existing protocols will die out. I thinks its best to just go with the flow.

guybrushthreepwood

legendary

Activity: 1232

Merit: 1195

Quote from: cryptomining on January 25, 2014, 03:37:40 PM

Don't worry Opie, the market gets to decide this not you.

As much as I hate these crap and scamcoins, we shouldn't try to suppress them. This freedom is what cryptos are all about. The greater public aren't ever going to take Dogecoin or Coinye coin seriously so it's irrelevant. Just ignore them if you don't like or agree with them.

oxxymoronn

member

Activity: 84

Merit: 10

.

yes only have one currency, might as well toss in only one government while your at it.

cryptomining

sr. member

Activity: 434

Merit: 250

Don't worry Opie, the market gets to decide this not you.

FreddyFender

full member

Activity: 215

Merit: 100

Shamantastic!

They have their purpose: "...to provide a rich base of BS from which the bitcoin community can grow..."
Many have legitimate ideas and bitcoin will endure despite any assaults against its integrity.
It seems we have a new giant troll population born of the altcoin epidemic. Very amusing posts countering every altcoin to the point of disbelief.

Gabi

legendary

Activity: 1148

Merit: 1008

If you want to walk on water, get out of the boat

Go try ban them lol, that is exactly why cryptocurrencies works: no one can ban them

hilariousandco

global moderator

Activity: 3990

Merit: 2717

Join the world-leading crypto sportsbook NOW!

Whilst that is all true, you can't stop them, nor should we want to ban them. Just let the kids have their toys is what I say. They'll soon get bored or outgrow them and hopefully move onto bigger things (Ie Bitcoin).

banaltcoin

newbie

Activity: 56

Merit: 0

Almost all(in fact, all) of the alt-coins out there are going to be a waste of time. They're being created to take advantage of people who get super excited about different things and then get pumped and dumped.

Most alt coins are completely pointless and just poor replicas of what's already out there with little to no improvement.

Those alt coins(junkcoins) are spreading the investment of bitcoin and can't be good for crypto as a whole, they will also destroy people's trust of cryptocurrencies after their crash and run and disapparation. only their "developers" or "early adopters team" will get rich quick by taking your money away.

Bitcoin has a limit of only 21 million, however with all these so called "alt coins", the total number of crypto is in fact unlimited and make all cryptocurrencies end up into a ponzi scheme(only detract from people's perceived value of Bitcoin and the legitimacy of cryptos in general)

Stop and Ban those alt coins copycats now, let the money flow back to the bitcoin!

Topic: Stop and Ban those alt coins copycats now - page 3. (Read 3909 times)