Topic: The Serious Altcoin Discussion/News Thread - No FUD, Shilling or Trolling. - page 4. (Read 5155 times)

if you dont mind little offtopic: I read 60%+ Bitcoins have never moved. What do you think of that. Are those Bitcoins lost? Sitting somehwhere in a junkyard on 5 years old laptotps? Or are the early adopters completely GREED RESISTANT and they will never cash out? (They surely havent when the price was 1000USD/BTC)

A lot of people are spending BTC they bought just recently or acquired through jobs, etc. The early adopter slice is much smaller than you think.

In my opinion altcoin needs more inovations like NXT or BTS.Never play altcoin like dump and pump game.

Not hard earned but stepped on by a chance. Bitcoin is a fenomena that made lot of stupid people really rich. So they just go and spend their bitcoins like they have no fiat value (they don't see the connection).

True...a fiat bank may find that they've take in the proverbial Trojan Horse. But maybe my worries are needless. Any big organization will most likely move at Etherium speed, if not slower. Things move very quickly around here, and that's enough to make a prudent old-fashioned kind of senior manager downcheck the idea. "What if these guys are already ahead of us once we're ready to go? Wouldn't that mean that all the tme and shareholders' money we sunk into this gizmo would have to be written off?"

Etherum?

I think you have rather got it around the wrong way - :

- There are not that many people in the crypto market and lots of puppet account.

- Other forums are already successful Reddit has taken up some slack, our own forum had a bunch of real people there for a time but its about demographics. 

- some people want to troll a forum most others would rather use Twitter or other useful type media.


however this forum is still useful to see what the latest scam or meme is, also as developers still think its real they come here and release useful stuff, I guess that's what your topic is about correct?

I think it is inevitable that a very large name will eventually get into crypto. However, that doesn't spell centralization and the destruction of everything that crypto stands for.

if bytemasters dpos holds what it promises it will be a minimal step for big players to clone this system, probably even with the promise to back it.


despites dpos, can we get a serious discussion on btsx?

questions:
I see a huge potential in using a crypto as a collateral - am I the only one ?
could a lending into existence; and use btc as collateral be implemented into btc?
what is your biggest concern regarding the pegging mechanism of btsx? Mine is not the black swan (it is obviously not a black swan - it is much more "probable") event; it is much more the incentive for the ask side to create BitUsd...
Are there other "historical" tries to create a peeging mechanism to lend something into existence in the altcoin history?


 

That's a risk I used to worry about near the end of last year - but I expected a big fiat bank to dive in. Silly me...

This point is something I really agree with. People will be people and if they see a possible way to get rich they will take it. That's partially why Altcoin IPO scams are so successful in conning people out of their hard earned BTC.

Soon any coin will be anonymous of they want it. It will be a given that a coin is anonymous.


I still see a battle among 'systems' rather than 'coins'. It will all come down to market share once crypto goes mainstream. One person might use to NXT to hold their assets and another might use NEM or Qora. They won't compete because they will ultimately do the same things. But the Black Swan that no one is talking about is if a big name walks into crypto later. It's game over if Apple or Google produce a wallet that can hold digital assets. I believe it's inevitable. Hopefully not though cause they would not let go of centralised access if they can, maybe even convincing people it's not safe if they cant access the blockchain.

I think the real issue with Alts is that people view features as the new way to get rich like the early bitcoiners did.  The problem is that the rise creates wealth seekers and if/when the coin isn't successful they all lose their money.  Or people just interested in using it for it's features lose money.  It's more like creating a penny stock with a prospectus that is probably overtly misleading (the ones that are short term successful usually are anyway) in order to sell it to shareholders.

Then the dumpers move on to something that's next.  The altcoin scene is much more like stocks trying to sell you on bitcoins future when absolutely no coin has bitcoins future.  Bitcoin already solved the problem and jumping to a new currency renders an old currency worthless.  And the entire system isn't sustainable.  The champions for alt coins are more people who are refining their art of jumping out of pennystockcoins at the peak of the hype.  They thrive and survive off of the insanity that renders all alts useless for long term adoption.

That said I do believe there is room for one anon coin and a smart blockchain.  Now that bitcoin is mainstream and the gov is paying attention to the blockchain.  Many of bitcoins original uses will continue to be threatened.

I also believe that smart coin & anon coin winner will push litecoin out over the next year.  There won't be enough room for it.  I'm not sure who the anon & smart blockchain winner will be yet ...

My personal frustration that has seriously made me wonder if ai want to be involved in alt coins anymore is the case of Qora. A complete new code that has shown itself to be superior to NXT technically on many levels is completely overlooked because it's marketing is completely lacking. I personally am not technical so you have to go research to know in detail why, I want to put more substance but I'm working secondhand from others I respect. Anyway, I've come to the conclusion that marketing is all that matters and anticipation and convincing of some future time a coin is valuable.

Newsflash, Bitcoin is the only coin that is going to be accepted in the mainstream we are just developing the system that people will use to hold a bitcoin and other assets. Can you imagine as the mainstream gets familiar with Bitcoin then they are told about even the quality coins like Darkcoin and Litecoin, people will just say this is all a joke we can't put our money in this. But people don't care about reality they want to believe in yet another dumb coin with dumb promises.


All I want is a wallet that in a user friendly way can hold my assets, ie Bitcoin, Fiat, precious metals and maybe a few other exotic assets. A bunch of second gen coins can do this now, we don't need any more, it's like having a hundred Facebooks to choose from.

I would, but previous experience and observance shows me that everyone says they want an altcoin forum, but when one shows up, they just ignore it. Those early adopters have to come from somewhere. The same thing happened when I made an alternate bitcoin forum (which eventually shut down, it actually still has some hosting, it's just un-used).

The general consensus as stated several times by Theymos and the rest of the global mods is that you should take it a step further by establishing your forum.

A great first start though.


~BCX~

Ok, I'll take the opportunity to point everyone to Riecoin. riecoin.org - https://bitcointalksearch.org/topic/annric-riecoin-constellations-pow-cpu-hard-fork-successful-world-record-446703
It's unique technology is good: it solves the problems primecoin has with pooled mining and works on a more interesting math problem.
We have stratum pool server and minig code and are looking for more pools.

I will support this of course, reserve this spot.

I guess he just couldn't help himself, eh? We will see how it goes.

...

It begins. 

You must like to stay busy, DiamondCardz. Good luck.