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Topic: The anonymity war is over. No one won. It is now the asset arms race. - page 3. (Read 2918 times)

newbie
Activity: 14
Merit: 0
If it wasn't for NEM and REDD then in all honesty I wouldn't even be following alternates.   The alternate section is either full of $hitcoins (reskinned BTC) or all these coins engaging in anonymity or asset arm races where nobody wins.

Isn't NEM an 'asset coin' too just like NXT trying to imitate exactly the same idea to get a share of the pie?

please explain, thanks. also what makes REDD great? are these better than the rest?
sr. member
Activity: 686
Merit: 320
If there was an "anonymity war", Monero won it.

What are you talking about? Monero has been steadily dropping since it's pumped peak as well.
legendary
Activity: 1067
Merit: 1000
If there was an "anonymity war", Monero won it. Cryptonote is here to stay, you'll see the confirmation soon.
1 XMR = 0.00369341 BTC at moment of this post Smiley

Based on market cap, darkcoin still have the largest market cap among anon coins despite huge drop in price.

I personally think if there is a viable solution for anon feature, someone will develop a wallet to integrate the feature into bitcoin.
sr. member
Activity: 686
Merit: 320
It was more an economic / social currency, in that anybody who wanted it was able to CPU mine it for free.  Later warped into this industry of have and have nots, hardware kings and corruption on the foundation.

It started as an alternative to the greedy bankers, til those in bitcoin became the greedy bankers   Lips sealed

And now all the asset exchange "coins" want to add on wallstreet, the epitome of greed.  Just goes to show that crypto is all about money now and nothing more.
legendary
Activity: 1876
Merit: 1000
 It was more an economic / social currency, in that anybody who wanted it was able to CPU mine it for free.  Later warped into this industry of have and have nots, hardware kings and corruption on the foundation.

It started as an alternative to the greedy bankers, til those in bitcoin became the greedy bankers   Lips sealed
hero member
Activity: 756
Merit: 506
Asset coins won't succeed either. They are trying hopelessly but that's not the way how you go.
Indeed the anonymous coins did lose traction now, but I'm thinking that will change in the future.
It really depends on what features get added over time.

At least someone is brave enough to admit it.  The way coins like NXT and BitsharesX are structured makes them very popular among the speculative private funds.

A problem is presented:  We missed Bitcoin and our company needs to make money.
A solution is presented:  Here we have a coin which claims to be better than Bitcoin.  Let's throw money at them!


The flaw in this logic was Bitcoin was never intended to be an outright technological platform.  Who cares about replacing Wallstreet (like these asset coins want to do).  Replacing $Fiat is the critical issue on hand and the rest is all distraction.


Bitcoin was just a wallet / coin programmed in Satoshi's proverbial basement.  It was more an economic / social currency, in that anybody who wanted it was able to CPU mine it for free.  Later warped into this industry of have and have nots, hardware kings and corruption on the foundation (Karpeles was one of them if you may had forgotten).


legendary
Activity: 1876
Merit: 1000
only people who win in any of these fads are the people that trade out to btc/ltc when everyones piling in  Wink
legendary
Activity: 2674
Merit: 3000
Terminated.
Asset coins won't succeed either. They are trying hopelessly but that's not the way how you go.
Indeed the anonymous coins did lose traction now, but I'm thinking that will change in the future.
It really depends on what features get added over time.
legendary
Activity: 3248
Merit: 1070
well was just a craze that faded away, like someone predicted, people get bored fast
sr. member
Activity: 686
Merit: 320
It's all just flavor of the day in crypto.  Buy into the new hype, sell for a big profit if you're smart, or a loss if you're not, and then move onto the next one.
hero member
Activity: 756
Merit: 506
The reason all the anonymity coins have dropped in value is because all the smart pump money has moved onto to asset coins like BitsharesX and NXT.  Things will be more interesting where, in six months from now, there will probably be at least a dozen "asset coins" with their individual token improvements on the concept.    Roll Eyes
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