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Topic: That's it, I've lost hope in the future of crypto currencies... (Read 4158 times)

newbie
Activity: 112
Merit: 0

The Gifto token ICO was the first launched on Binance Launchpad and sold out in one minute - one of the fastest ICO`s ever.

https://www.youtube.com/watch?v=X1tuMkkoV_U

GIFTO has integrated the GTO wallet into their Uplive streaming app (+25 million users).  The GTO wallet is now available in the Uplive App in many countries. This app can be downloaded from Google Playstore or from the website:
   
http://up.live/#/home

The coin GTO is listed on these Exchanges:

https://www.binance.com/?ref=10137216
Bibox
Bancor Network
OKEx
Coinnest

sr. member
Activity: 341
Merit: 250
I think it's really funny that people have such a hard time simply ignoring cryptocoins that they don't like.

It's super easy for me...
+ 1

For me ignoring these new coins is impossible, the lost profiting opportunity is just too much to handle. New coins have made my mining operation many times more profitable than any BTC/LTC mining before.

Enjoy it while it lasts...the market is being flooded with a new alt coming out each day.
sr. member
Activity: 280
Merit: 250
I think it's really funny that people have such a hard time simply ignoring cryptocoins that they don't like.

It's super easy for me...
+ 1

For me ignoring these new coins is impossible, the lost profiting opportunity is just too much to handle. New coins have made my mining operation many times more profitable than any BTC/LTC mining before.
full member
Activity: 126
Merit: 100
I think it's really funny that people have such a hard time simply ignoring cryptocoins that they don't like.

It's super easy for me...
+ 1
legendary
Activity: 2940
Merit: 1090
Probably all the many and varied currencies will be abstracted away from vendors and POS checkout operators, just like credit cards or paypal does. Payment processors will handle all that stuff so the vendor simply gets the price they want in the currency they want.

Payment processors though could handle any number of currencies.

-MarkM-
hero member
Activity: 798
Merit: 1000
‘Try to be nice’
Thank you for ruining the game phaggots.  Roll Eyes Roll Eyes Roll Eyes
Aww, there there. I just tipped you some tipcoins to make it all better.

ha ha ha ! +1
member
Activity: 84
Merit: 10
The more alt-coins there are the more the value of bitcoin is shown through its adoption. No meatspace outlets are going to spend money implementing a feathercoin POS option when they can just use bitcoin, and the more alt-coins there are, the more they weaken each other as they are all considered alt's to BTC.

The only alt that can weaken Bitcoin's position is one not based on the Bitcoin protocol.

agreed
newbie
Activity: 16
Merit: 0
The more alt-coins there are the more the value of bitcoin is shown through its adoption. No meatspace outlets are going to spend money implementing a feathercoin POS option when they can just use bitcoin, and the more alt-coins there are, the more they weaken each other as they are all considered alt's to BTC.

The only alt that can weaken Bitcoin's position is one not based on the Bitcoin protocol.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
I'll just mine for the money now, not for trying to improve and make the cryptocoin concept be a new way of making payments and get out of the Fiat Scam.

The reason is that we're getting a flood of shtcoins ruining the show. First example is Feathercoin, it brings nothing new to the table but it had a huge and very smart marketing campaign along with alliances like BTC-e to get a lot of profit in a short time, now I can see the same being done with CHN (CNC) and I guess this is going to be an ongoing trend.

The problem with this "alt coins" is that they are derailing the original purpose of BTC and now it's just a speculation game with tulips. In a few years we will have a flood of cryptos with a lot of volume, more and more altcoins with good planning and marketing (Shills on this forum) which will eventually end in serious coins like BTC and LTC on the same level as these jokecoins.

Anyway right now I'm mining FTC, will flip them for profit then ride the next train until all this fad dies off.

Thank you for ruining the game phaggots.  Roll Eyes Roll Eyes Roll Eyes

All that, and you newb to b!tch about Novacoins.   Cheesy

member
Activity: 84
Merit: 10
I saw someone said will do it, but would take some time I guess.

On the other hand, it looks easy to folk the coins, just change the names etc, and there are some parameters to change to make it specififc.

Search for "multicoin".

You set everything in the config file, even the genesis block goes in the config file.

So the same executable can run "any" coin simply by adjusting the config file contents.

No more having to compile separate executables for each coin, no more having to trust yet another builder/packager of executables. Trust the packager of your multicoin executable and just switch config files to switch coins.

-MarkM-


I'm trying to compile MultiCoin for Windows but the link to the dependency files no longer works, and I can't find any pre-existing up to date windows binaries, can anyone help?

Without the dependency files and I can't compile

WIthout a binary I can't install

so sad, I need it to generate genesis block, seems like the easiest way to do so.
legendary
Activity: 2940
Merit: 1090
I saw someone said will do it, but would take some time I guess.

On the other hand, it looks easy to folk the coins, just change the names etc, and there are some parameters to change to make it specififc.

Search for "multicoin".

You set everything in the config file, even the genesis block goes in the config file.

So the same executable can run "any" coin simply by adjusting the config file contents.

No more having to compile separate executables for each coin, no more having to trust yet another builder/packager of executables. Trust the packager of your multicoin executable and just switch config files to switch coins.

-MarkM-
sr. member
Activity: 308
Merit: 250
Well from the time that I made this thread till now I just realized that I will have to already switch from FTC to BTB, it's the most profitable now.  Roll Eyes
legendary
Activity: 2940
Merit: 1090
I was wrong about Solidcoin and Fairbrix being the only actually dead altcoins.

I fired up fairbrix-qt, got a connection, and caught up on the blockchain.

It has still been running out there.

It was just a fairbrixd I could not compile, because the thing was built using multicoin-qt, and such a hacked up version of multicoin-qt that it does not use a proper full config file with the genesis block and everything in the config file so its config was not one you could simply use with standard multicoind to run a daemon for it.

Since it makes no sense to have to maintain an open connection from a desktop box running a GUI-server (X server for example) just so you can run a coin on a headless server I had simply given up on fairbrix long long long ago.

But evidently, like BBQcoin, it has actually been out there quietly humming along, although I do not know yet whether it has been serving as a haven for CPU miners because the GUI does not seem to show the current difficulty.

So now it is down to Solidcoin being the only actually-dead coin, but hey, maybe that is not really dead either?

So no, coins do not, in general ever die. Any that do actually manage to die are very rare exceptions.

-MarkM-
full member
Activity: 210
Merit: 100
Is anybody working on a real new alt coin that will bring something new and valuable to the table?
hero member
Activity: 766
Merit: 621
Own ONION
I saw someone said will do it, but would take some time I guess.

On the other hand, it looks easy to folk the coins, just change the names etc, and there are some parameters to change to make it specififc.
newbie
Activity: 23
Merit: 0
 I agree with everything the OP said. Cryptocurrency is supposed to be a way to have a currency free of government control and regulation that can be used legitimately to buy and sell. This whole clone a coin thing going on now is nothing more then people trying to get rich quick quick and then move on. The greed is killing cryptocurrency.

Can someone who has the skills (I'm not a coder) finally make a coin creation tool kit?

I'm thinking of something where you just have enter Name, Blocktime, Coins per block, Halving each x Blocks, Sha- or Scrypt Mining press enter and there is your very own Altcoin.

Something like this would hopefully show even the last guy the ridiculousness of this.

Is this feasible? Should we collect a bounty for this?

Someone should really do this, it might help kill this alt-coin fad that is destroying legitimate cryptocurrency.
sr. member
Activity: 308
Merit: 250
Hopefully it will mostly be Ripple clones by then, mining almost obsolete, an obscure geek cult thing they do because of some intrinsic loner aversion to "consensus" or something. Tongue

(But, BTC IOUs will be worth a lot nonetheless hahaha. Smiley)

-MarkM-


Btw how do you think Ripple role affects cryptos, is it positive or negative?
legendary
Activity: 2940
Merit: 1090
Hopefully it will mostly be Ripple clones by then, mining almost obsolete, an obscure geek cult thing they do because of some intrinsic loner aversion to "consensus" or something. Tongue

(But, BTC IOUs will be worth a lot nonetheless hahaha. Smiley)

-MarkM-
member
Activity: 84
Merit: 10

also companies compete for the same capital, a dollar that buys one share stock cannot buy another, but with the crypto bubble of 2013 is unqiue in two ways:

- What being crowded out is computing power... we're probably going to cause a massive brownout when all is said and done, lol
- When the bubble pops most of what people will lose is BTC, since BTC is the main way of buying alt coins so it won't be as big a deal to the world as when people see massive drops in their domestic currency (won't have a huge effect on any nations banking system)
- The end result will just be a bunch of bitter speculators who spent to much money on GPUs who now find themselves with no more BTC and bunch of altcoin worth less then they paid for.
- But like other bubbles a few companies do survive and prove their worth

Well said.  The market is smaller that these people realize.  I believe it is a fraction of its true potential.  I don't thing we are near the brownout stage.  Not enough people in the masses know about it yet.  People I work with are more put off by it at this stage.  After all it is only 3+ years old.  Its when the disinterested masses jump in is when it really starts producing brown outs.  How many companies produce hardware that can mine?  When they number in the tens of dozens is when I'll worry about a real bubble.

You are right its just a bunch of speculators but mostly ideologists.  The Teslas of the era.  Its still the age of innovation in cryptocurrencies and we have some time before the real competition begins.

by the time the masses really jump into cryptocurrencies, mining won't be as relevant. The masses will jump into when they really need it. Like if lady gaga did a tour that can only be paid for in Bitcoin the price would skyrocket.
sr. member
Activity: 476
Merit: 250
Bytecoin: 8VofSsbQvTd8YwAcxiCcxrqZ9MnGPjaAQm
3. You can make a decent ammount of BTC using said shitcoins if you are smart, and if you are In-the-Know you can hoard a lot of them.
4. This will eventually cause BTC to lose legitimacy.

No it won't.  That's a fantastic leap.
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