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Topic: STOP making alternative cryptocrapcurrencies (Read 1882 times)

legendary
Activity: 2198
Merit: 1014
Franko is Freedom
Who complains about forks of an open source project? If bitcoin didnt want to be cloned, it would be proprietary software. Altcoins are following the expected path. You are a free man, so freely pick what ever flavor of alt currency that you enjoy. Its that simple.
sr. member
Activity: 375
Merit: 250
arent alt currencies also a test bed for cool new features that could be implemented into bitcoin?

if an upstart starts gaining traction, whats to say all the miners dont see the potential to gain/lose a lot of money and agree to make a change to the code and adopt the feature(s) they believe is responsible for the adoption of the alt currency?

you should be happy people are spending their resources to experiment for you, while you just sit back and wait for the next cool feature to steal.

that is of course unless you think the bitcoin has gotten so decentralized that the miners/devs couldnt agree on how to evolve quickly enough.

in which case, youd probably see a hard fork. cant wait...
hero member
Activity: 840
Merit: 1000
Sigh. You guys don't get it. You're acting like the governments and the central banks. The POINT of this whole exercise, the purpose for which bitcoins and litecoins and novacoins and feathercoins and chinacoins were CREATED was to PREVENT currency from being controlled by a central, or even a decentralized authority.

I'm not saying that other coins shouldn't exist but that we should concentrate on two or three currencies.

Seriously. Say anything you want, you're still not the crypto currency Auditor.

I know and that's exactly why my first post started with "I personally think that" .
legendary
Activity: 1736
Merit: 1006
Alts. do not affect BTC, they simply dont. Now, everyone focusing their energy on alts. could be used to better promote BTC sure. But its like this, do little league baseball teams and games ruin MLB games and dilute the market ? no, they dont, thats what this is, its just a smaller game for people to keep busy with while BTC is gaining more popularity...

If I thought alt coins could kill bitcoin, I'd unload mine IMMEDIATELY while the price is more than zero.

Seriously people. Stop worrying over nothing.

Or, start an old rich white guys club and appoint a new Crypto Currency Auditor General.
newbie
Activity: 28
Merit: 0
Alts. do not affect BTC, they simply dont. Now, everyone focusing their energy on alts. could be used to better promote BTC sure. But its like this, do little league baseball teams and games ruin MLB games and dilute the market ? no, they dont, thats what this is, its just a smaller game for people to keep busy with while BTC is gaining more popularity...
newbie
Activity: 56
Merit: 0
Sigh. You guys don't get it. You're acting like the governments and the central banks. The POINT of this whole exercise, the purpose for which bitcoins and litecoins and novacoins and feathercoins and chinacoins were CREATED was to PREVENT currency from being controlled by a central, or even a decentralized authority.

I'm not saying that other coins shouldn't exist but that we should concentrate on two or three currencies.

Seriously. Say anything you want, you're still not the crypto currency Auditor.
member
Activity: 84
Merit: 10
Don't stop making alts until TacoCoin, imho.
full member
Activity: 182
Merit: 100
fml
I am a fan of altcoins and let be clear here. Altcoins make Bitcoin more valuable. It is totally false to think the opposite. You have to first buy btc to buy some altcoins. If you buy bitcoin to trade it for altoin, it is almost certain you hold bitcoins too. Who would buy altcoins and don't have bitcoins.

And there are other advantages.. new concepts are tested at altcoins so the bitcoin itself could be more healthy. and I think BTC is the only currency which will last. even if many people think some other currency will replace it, i think it won't be replaced  Smiley

LTC will last. Has to be a market for GPU mining as well as ASIC mining
hero member
Activity: 840
Merit: 1000
Sigh. You guys don't get it. You're acting like the governments and the central banks. The POINT of this whole exercise, the purpose for which bitcoins and litecoins and novacoins and feathercoins and chinacoins were CREATED was to PREVENT currency from being controlled by a central, or even a decentralized authority. There IS no governing authority, including all the butthurt BTC holders who rag on every new coin that comes up. You have a lot of BTC? Congratulations.

YOU'RE NOT SPECIAL.

You don't have some special right or authority or wisdom that makes you the arbiter of what crypto currencies should exist and which should not.

The problem with having a hundred different coins  is that from a Marketing perspective its just way to confusing for new users and the mainstream market.

You don't have to market them all. Market the one(s) you like. These are seperate currencies. It's like US Dollars and Japanese Yen and German Marks and British Pounds etc etc. I don't do ANYTHING with German Marks, and their existence doesn't really affect the ease with which I use US Dollars.

Stop acting like every new coin is some kind of vicious attack on your favorite coin.

I'm not saying that other coins shouldn't exist but that we should concentrate on two or three currencies.
newbie
Activity: 56
Merit: 0

BTC is worth actual fiat.

How do the crapcoins not leech BTC's fiat currency value in this process?


Actual Fiat.

Fiat Currency Value.


. . .


Seriously? I don't think you grasp the point of the cryptocurrency exercise.
hero member
Activity: 952
Merit: 1009
Sigh. You guys don't get it. You're acting like the governments and the central banks. The POINT of this whole exercise, the purpose for which bitcoins and litecoins and novacoins and feathercoins and chinacoins were CREATED was to PREVENT currency from being controlled by a central, or even a decentralized authority. There IS no governing authority, including all the butthurt BTC holders who rag on every new coin that comes up. You have a lot of BTC? Congratulations.

YOU'RE NOT SPECIAL.

You don't have some special right or authority or wisdom that makes you the arbiter of what crypto currencies should exist and which should not.

The problem with having a hundred different coins  is that from a Marketing perspective its just way to confusing for new users and the mainstream market.

You don't have to market them all. Market the one(s) you like. These are seperate currencies. It's like US Dollars and Japanese Yen and German Marks and British Pounds etc etc. I don't do ANYTHING with German Marks, and their existence doesn't really affect the ease with which I use US Dollars.

Stop acting like every new coin is some kind of vicious attack on your favorite coin.

It WOULD be kinda difficult seeing as the Mark doesn't exist anymore.
full member
Activity: 121
Merit: 100
I am a fan of altcoins and let be clear here. Altcoins make Bitcoin more valuable. It is totally false to think the opposite. You have to first buy btc to buy some altcoins. If you buy bitcoin to trade it for altoin, it is almost certain you hold bitcoins too. Who would buy altcoins and don't have bitcoins.

And there are other advantages.. new concepts are tested at altcoins so the bitcoin itself could be more healthy. and I think BTC is the only currency which will last. even if many people think some other currency will replace it, i think it won't be replaced  Smiley
newbie
Activity: 48
Merit: 0
If you mine it, they will come. Stop dedicating time to mining these garbage coins, and people will stop making them.

AH, there's the Rub.
newbie
Activity: 56
Merit: 0
Sigh. You guys don't get it. You're acting like the governments and the central banks. The POINT of this whole exercise, the purpose for which bitcoins and litecoins and novacoins and feathercoins and chinacoins were CREATED was to PREVENT currency from being controlled by a central, or even a decentralized authority. There IS no governing authority, including all the butthurt BTC holders who rag on every new coin that comes up. You have a lot of BTC? Congratulations.

YOU'RE NOT SPECIAL.

You don't have some special right or authority or wisdom that makes you the arbiter of what crypto currencies should exist and which should not.

The problem with having a hundred different coins  is that from a Marketing perspective its just way to confusing for new users and the mainstream market.

You don't have to market them all. Market the one(s) you like. These are seperate currencies. It's like US Dollars and Japanese Yen and German Marks and British Pounds etc etc. I don't do ANYTHING with German Marks, and their existence doesn't really affect the ease with which I use US Dollars.

Stop acting like every new coin is some kind of vicious attack on your favorite coin.
legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards
Can someone explain to me how crap coins are NOT taking money from BTC?  I don't understand that.

As an example, some dumb premine scam coin like MNC comes along, boom creates thousands of coins worth say hundreds of BTC when they are traded for BTC in the first week.

BTC is worth actual fiat. Crap coins are there-forth immediately worth actual fiat when they are generated in massive quantities out of thin air on the first day mining (or a pre-mine), and the scammers trade their intrinsically worthless crapcoin for BTC.

How do the crapcoins not leech BTC's fiat currency value in this process?


full member
Activity: 182
Merit: 100
fml
If you mine it, they will come. Stop dedicating time to mining these garbage coins, and people will stop making them.
hero member
Activity: 840
Merit: 1000
Sigh. You guys don't get it. You're acting like the governments and the central banks. The POINT of this whole exercise, the purpose for which bitcoins and litecoins and novacoins and feathercoins and chinacoins were CREATED was to PREVENT currency from being controlled by a central, or even a decentralized authority. There IS no governing authority, including all the butthurt BTC holders who rag on every new coin that comes up. You have a lot of BTC? Congratulations.

YOU'RE NOT SPECIAL.

You don't have some special right or authority or wisdom that makes you the arbiter of what crypto currencies should exist and which should not.

The problem with having a hundred different coins is that from a "Marketing" perspective its just way to confusing for new users and the mainstream market. One coin for traders and one coin for the mass market is extremely easy to understand.
hero member
Activity: 952
Merit: 1009
Sigh. You guys don't get it. You're acting like the governments and the central banks. The POINT of this whole exercise, the purpose for which bitcoins and litecoins and novacoins and feathercoins and chinacoins were CREATED was to PREVENT currency from being controlled by a central, or even a decentralized authority. There IS no governing authority, including all the butthurt BTC holders who rag on every new coin that comes up. You have a lot of BTC? Congratulations.

YOU'RE NOT SPECIAL.

You don't have some special right or authority or wisdom that makes you the arbiter of what crypto currencies should exist and which should not.

I have not BTC, is common sense. We are killing the BTC, and once that happens we're going to get the crypto currencies in the ass.

Hmmmm, AssCoins.  Kiss
legendary
Activity: 1960
Merit: 1022
Sigh. You guys don't get it. You're acting like the governments and the central banks. The POINT of this whole exercise, the purpose for which bitcoins and litecoins and novacoins and feathercoins and chinacoins were CREATED was to PREVENT currency from being controlled by a central, or even a decentralized authority. There IS no governing authority, including all the butthurt BTC holders who rag on every new coin that comes up. You have a lot of BTC? Congratulations.

YOU'RE NOT SPECIAL.

You don't have some special right or authority or wisdom that makes you the arbiter of what crypto currencies should exist and which should not.

I have not BTC, is common sense. We are killing the BTC, and once that happens we're going to get the crypto currencies in the ass.
newbie
Activity: 56
Merit: 0
Sigh. You guys don't get it. You're acting like the governments and the central banks. The POINT of this whole exercise, the purpose for which bitcoins and litecoins and novacoins and feathercoins and chinacoins were CREATED was to PREVENT currency from being controlled by a central, or even a decentralized authority. There IS no governing authority, including all the butthurt BTC holders who rag on every new coin that comes up. You have a lot of BTC? Congratulations.

YOU'RE NOT SPECIAL.

You don't have some special right or authority or wisdom that makes you the arbiter of what crypto currencies should exist and which should not.
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