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Topic: What Alt-Coins Do You NOT Consider A Pump & Dump? - page 3. (Read 7000 times)

full member
Activity: 224
Merit: 100
I see so many pump and dump worthless altcoins being created in the past few months, it's crazy and could harm BTC's reputation.

The only altcoins I can see that could serve a genuine purpose, or offer something different to Bitcoin would be Litecoin and Peercoin, and potentially primecoin.

What do you all think? Do you notice any altcoins that offer something more beneficial over BTC?


USDe!


https://bitcointalksearch.org/topic/ann-usde-unitary-status-dollar-ecoin-improved-halving-kgw-fix-update-410254


You can judge! come check us out! :-P
hero member
Activity: 532
Merit: 500
The ones I am not going to talk about here for obvious reasons

+1
legendary
Activity: 2114
Merit: 1090
=== NODE IS OK! ==
The ones I am not going to talk about here for obvious reasons
sr. member
Activity: 378
Merit: 250
NameCoin, Devcoin, Ripples, AnonCoin, Bitshares
sr. member
Activity: 280
Merit: 250
V for Victory or Rather JustV8
Sex sells. Vote for Sexcoin at a porn shop near you. Tongue Or just buy those items online with SXC and surprise your wife.
sr. member
Activity: 458
Merit: 250
Thought I would mention protoshares and datacoin.

Both these coins have other purposes and weren't for pump and dump. Although with all coins there is always some p & d action going on.
legendary
Activity: 1708
Merit: 1000
Reality is stranger than fiction
Clearly NXT,MΣC. Only these
legendary
Activity: 1876
Merit: 1000
    
"What Alt-Coins Do You NOT Consider A Pump & Dump?"

Lets be honest with each other the answer is a very clear Zero, and I'd extend that to include Bitcoin (probably one of the worst proof; just look bitcoins chart, the last month, the last year.....well pretty much any period).


However no complaints here, I love a good tulip as much as the next person  Wink
legendary
Activity: 2124
Merit: 1013
K-ing®
anoncoin, litecoins, primecoins,
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
gridcoin if they could get it to use gpu

prime and ppc both great coins and lagging to where they should be

digi is not pumped at all and i wonder where the dev went....this guy was always thinking outside of the box.

quark is by design and excellent coin...the cry babies who don't have any will say it is not. It is now distributed via the market as it should be and mining needs to become non essential - hopefully they will code in pos. It has not been pumped, this is its real value.

anon - great idea and great team.

Mega - great dev

cgb have a nice team

tag - money behind it.

tix - another rock solid coin works perfectly never any trouble with it., N factor high now so will be cpu only soon. Similar to yac but fairer because it started off with a gpu  miner for everyone.

wdc - i had written this off a while back but coming back strongly with a lot of support

the market naturally pumps and dumps all coins that is the nature of it.
artificial pumps are quite easy to spot if you watch the order books.

member
Activity: 102
Merit: 10
BTC
LTC
NET

..are the ones i currently hold. the first 2 because i trade with them and NET because I like the community and its young with great plans. I like working with them and i hope it succeeds but either way im having fun now compared to watching trollbox in BTC-E all day trying to day-trade. The only trading i do now is buying and selling NET to spread the wealth Smiley
hero member
Activity: 770
Merit: 566
fractally
No mention of ProtoShares?  The only 'coin' that is not attempting to be a currency? 
hero member
Activity: 798
Merit: 1000
Litecoin wasn't trying to avoid ASICs.  It was trying to avoid GPUs.

Not technically true, the same guy who designed the first GPU miner for bitcoin designed the scrypt PoW. Make of that what you want.
full member
Activity: 203
Merit: 100
Primecoin
Tagcoin
Yacoin
Anoncoin
These are definetly not pump and dump... and are currently undervalued.
sr. member
Activity: 476
Merit: 250
Bytecoin: 8VofSsbQvTd8YwAcxiCcxrqZ9MnGPjaAQm
Litecoin was the first attempt at speeding up the transaction speed on the massive blockchain of BTC and avoid the ASIC Arms Race in mining but that may change with the advent of Script ASIC boards ...

Except Litecoin was not the first attempt at either of those.

Litecoin wasn't trying to avoid ASICs.  It was trying to avoid GPUs.

And it wasn't the first!  It was at least the third!

And faster block speeds don't speed up confirmation times.  If you speed up the blocks, you simply need more blocks to confirm.  There's nothing magic about "6" blocks.
hero member
Activity: 798
Merit: 1000
Litecoin was the first attempt at speeding up the transaction speed on the massive blockchain of BTC and avoid the ASIC Arms Race in mining but that may change with the advent of Script ASIC boards ...

Except Litecoin was not the first attempt at either of those.

edit: appears this has been covered
sr. member
Activity: 476
Merit: 250
Bytecoin: 8VofSsbQvTd8YwAcxiCcxrqZ9MnGPjaAQm
Okay, I went and learned some history.

Tenebrix was launched to be GPU-unfriendly, using Scrypt proof of work instead of SHA256.  (The funny thing is that today, we think Scrypt coins are great because you can use your GPUs on them - we think of them as ASIC-unfriendly.  How we forget.)

Tenebrix had a premine of about 7.7 million coins!

In response to this, Fairbrix was launched - a fork of the Tenebrix source, with a new ledger that had "only" a hundred blocks premined.  LOL!  I guess that was considered acceptable in those days.

But the really striking thing I discovered was that the Fairbrix developer was coblee.  That's the original developer that released Litecoin.  (And I believe his brother runs BTCChina, which you might have heard of.  Or maybe I am confused.)

So apparently for some reason, Fairbrix didn't work out, and coblee went on to create Litecoin.  I would imagine the 100 block premine had something to do with it, but I'll bet I'm wrong, since it appears that people thought that the 100 block premine was nothing, back then.
sr. member
Activity: 476
Merit: 250
Bytecoin: 8VofSsbQvTd8YwAcxiCcxrqZ9MnGPjaAQm
The only altcoins I can see that could serve a genuine purpose, or offer something different to Bitcoin would be Litecoin and Peercoin, and potentially primecoin.

Why Litecoin?  When introduced, it offered nothing to the cryptocurrency world that had not been done before.

(My point is, look how Litecoin has succeeded, even though it was just a repeat of what had been done before.  Think about what that could mean for the current coins out there now.)

It wasn't the first scryptcoin? (I really don't know)

Correct, it was not the first.  Unfortunately I've lost my reference to what came before that used Scrypt, but I read it here on this forum.  Really our time horizons are extremely short, for most of us in this community: we do not know what came before and very quickly adjust to new status quos and start to think things have always been this way.

The interesting thing is that Litecoin succeeded where others before it did not.  It would be a mistake to assume that could not happen again.

I believe Tenebrix is the first Scrypt coin you were thinking of.

Thanks - you're right!

Tenebrix - created to use up all those spare CPU cycles while your GPU cycles are mining for Bitcoins:
https://bitcointalksearch.org/topic/announce-tenebrix-a-cpu-friendly-gpu-hostile-cryptocurrency-45667

Anyone have any speculation as to why Litecoin succeeded and Tenebrix did not?
sr. member
Activity: 388
Merit: 250
The only altcoins I can see that could serve a genuine purpose, or offer something different to Bitcoin would be Litecoin and Peercoin, and potentially primecoin.

Why Litecoin?  When introduced, it offered nothing to the cryptocurrency world that had not been done before.

(My point is, look how Litecoin has succeeded, even though it was just a repeat of what had been done before.  Think about what that could mean for the current coins out there now.)

It wasn't the first scryptcoin? (I really don't know)

Correct, it was not the first.  Unfortunately I've lost my reference to what came before that used Scrypt, but I read it here on this forum.  Really our time horizons are extremely short, for most of us in this community: we do not know what came before and very quickly adjust to new status quos and start to think things have always been this way.

The interesting thing is that Litecoin succeeded where others before it did not.  It would be a mistake to assume that could not happen again.

I believe Tenebrix is the first Scrypt coin you were thinking of.
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