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Topic: What Alt-Coins Do You NOT Consider A Pump & Dump? - page 4. (Read 7000 times)

legendary
Activity: 1582
Merit: 1002
HODL for life.
In full disclosure, I run a Tag mining pool.  I only do so because I support the idea that the Tagbond/Tagcoin team are working on.  In addition, I started a poll thread when the crapcoin flood happened earlier in the year, trying to ban or move the crapcoins out of this subforum.  I'm was a vocal opponent of almost all the new coins.  I still hate most of them, because they are in fact a fly-by-night pump and dump coin.

That being said... yes, it's true that TagCOIN doesn't bring anything new to the game.  It is a ppc clone that has been modified to fit the needs/wants of the dev.  So as far as a cryptocurrency goes, it's another drop in the bucket.  If you can't look past that to see what else is going on, so be it.

But TagBOND is visionary.  The system itself is well thought out, and is already in place and working in a large market in Asia... and expanding.  We've already seen what the Asian market support can do with crypto.  In short, Tagbond is a rewards points system for businesses focused around it's own currency - Tagcoin.  It also supports BTC, and fiat, and all are interchangeable from within the system.  Take your typical rewards points card, lets say Starbucks or something.  I go to Starbucks and buy a coffee, I use my rewards card and earn "Starbucks" points.  Then later that day I go and use my CVS points card at CVS, and so on and so forth.  At the end of the day, I'm left with a bunch of points that can only be used at their respective businesses, and can only be used for their predefined points reward prizes/discounts.  But what Tagbond does, with the use of Tagcoins, is facilitate a universal rewards points system that can be used anywhere where it's accepted.  So now my Starbucks points can be used at CVS.  And my Toy-R-Us points can be used at the local sporting goods store.  I don't have to worry about carrying 15 different rewards cards, and none of them really amounting to anything at the end of the day.  It's like airline miles for the crypto world.  And to top it all off, because the "points" are Tagcoins, at the end of the month, if I choose to do so, I can convert my points into BTC or fiat on the fly.  So now those stupid Starbucks points that earn me a free latte at the end of the month is instead cold hard cash or BTC in my wallet when I need it.

This, and it is all backed with $5m in capitol by an internet industry pioneer, Mark Vernon, and a LARGE dev team dedicated to making this work.  In fact, Mark posted a picture today of most of the team in the OP of the Tagcoin ANN thread.  It isn't just 2 guys in their mom's basement.  It will be huge, and by association, so will Tagcoin.

It is the most visionary thing to happen to crypto in a long time, and that's why I support it.

-Fuse
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.
sr. member
Activity: 388
Merit: 250
Litecoin, Peercoin, Primecoin, Curecoin, Freicoin, Gridcoin and Anoncoin.
sr. member
Activity: 378
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)
sr. member
Activity: 476
Merit: 250
Bytecoin: 8VofSsbQvTd8YwAcxiCcxrqZ9MnGPjaAQm
it's crazy and could harm BTC's reputation.

Nobody ever talks about what could harm Gold's reputation, or Silver's reputation.

It's Bitcoin's job to be resilient against all attacks, including infinite cloning.  And it has proved to be very resilient against such events this year.
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.)
member
Activity: 98
Merit: 10
Thats why i more or less ignore most of the july coins. And lookign for new starters that may have potential. With limited hashrate i have no chance at any established coins anymore - scam, failure or what ever they are.

sr. member
Activity: 378
Merit: 250
The only one from the Spring rush that has worked out for me is GLDcoin because there is a pretty good team behind it trying to promote it and make it better. Ironically, I should have kept mining Litecoin also, but it was not worth the electricity at the time. I should have ignored that fact, because I'd be alot richer now. I just turned the Litecoin mining back on last week. Can't complain about $38 each!
member
Activity: 98
Merit: 10
many of  the  not p&d coins are a failure aswell - they are just overabused by  centralized farms and biggest sharehodlers - or botnets and vpn farms.

They failed as a decentralized currency already.
full member
Activity: 238
Merit: 100
Just to note, to all the condescending people here telling me to "do my research" and that "opinions aren't necessary", firstly you know absolutely nothing about me and where I have come from. Never jump to conclusions, it makes you look like a bigot. Secondly, finding out community opinions on these matters is part of such research, particularly when somebody creates a detailed post as to why they believe certain alt ctc's are going to do well. Opinions are always of interest to me, people can be very interesting Smiley. As I said the in the original post, the only real contender I see at the moment is PPC mainly due to the energy saving perks, which heavy duty miners will favour.

Interesting opinions guys, thanks for sharing and I look forward to reading any more to come Smiley.
legendary
Activity: 1311
Merit: 1000

OOOO Visionaries now!!!!  Wink
Huh what internet companies?Huh
(actually I'll take a look b4 i say more) Wink  -digeros

Yea, I think anyone that is tired of trying to pick the next big pump and dump should at least check it out.


There is a pump and dump just waiting to happen that guy is trying to build a finacial empire around the issuance of his own coin in COOPERATION with STANDARD CHARTER & UNOIN BANK  TOTALLY COOP'ED CRYPTO wouldn't touch it with a TEN FOOT POLE...


Do your research folks, don't form an opinion from one raving lunatics post. Ha!
sr. member
Activity: 280
Merit: 250
This thread is going to turn into a "these are the coins i have the most of" thread. I love these threads.

If you want a truthful answer to your question, look for the coins actually acquiring services and not just shills. Also try to find the fair coins that arnt created just to benefit the early adopters. There are only a few like that. Good luck with your research.

I'll save you some time. TAG no other alt even come close.
THATS A DATA RICH STATEMENT Wink  Interesting, Please tell us why TAG is so AWESOME... -digeros

I'll spare you the details of the already deployed services which can easily be found in the TAGcoin thread. But for starters TAG is lead by an internet visionary with a fat wallet, professional dev team, and several successful internet businesses that will bring exposure to TAG that other alts can only dream of.

OOOO Visionaries now!!!!  Wink
Huh what internet companies?Huh
(actually I'll take a look b4 i say more) Wink  -digeros


I took a LOOK at TAG   ___
"
Technical Specifications

Starting difficulty: 0.5
PoW/PoS hybrid
Algorithm: Scrypt
Coins per block: 30
PoW Subsidy reduction: 1% every 3 months, minimum reward of 3 coins
Time between blocks: 4 minutes
Retarget: Every 2 hours, with a 25% limit in either direction

Network Port: 8623
RPC Port: 9624
"
There is a pump and dump just waiting to happen that guy is trying to build a finacial empire around the issuance of his own coin in COOPERATION with STANDARD CHARTER & UNOIN BANK  TOTALLY COOP'ED CRYPTO wouldn't touch it with a TEN FOOT POLE...

Compare that to NOVACOIN (first generation script POW/POS)- TAG is no where near it!!
or even a fair launch third generation script POW/POS coin like PHS - Philosopherstone
SPEC
What is Philosopherstone?
Philosopherstone (PHS) – a fork of DiamondCoin, with several algorithms fixed and improved. It is descendent of Novacoin/PPCoin with Pow/PoS. It combines the great features from Luckycoin (random blocks) and Florincoin (transaction message), is launched! No Premine!
There were a couple of new PoW/PoS coins launched recently, most have problems with PoS generation. Either we see zero-coin PoS blocks generated, or the generation is not accurately reflected in desired PoS percentage. In Philosopherstone we fixed these issues, and after 5-10 days the PoS blocks will be generated reflecting the precise interest rate defined by the coin (in this case 50% annual interest or 3.44% monthly interest). Proof of stake coin is more secure and is much more resilient to 51% attack.
Philosopherstone provides annual interest rate of 50%, for stakes that are not moved during the period. This equivalent to 3.44% monthly interest. PoS blocks will be generated if the stake is held for more than 5-10 days.

check out philosopherstone wallet here http://com-http.us/ccdir/phs/

NO CRYPOCURRENCY NEEDS A FED!!!
legendary
Activity: 1311
Merit: 1000
This thread is going to turn into a "these are the coins i have the most of" thread. I love these threads.

If you want a truthful answer to your question, look for the coins actually acquiring services and not just shills. Also try to find the fair coins that arnt created just to benefit the early adopters. There are only a few like that. Good luck with your research.

I'll save you some time. TAG no other alt even come close.
THATS A DATA RICH STATEMENT Wink  Interesting, Please tell us why TAG is so AWESOME... -digeros

I'll spare you the details of the already deployed services which can easily be found in the TAGcoin thread. But for starters TAG is lead by an internet visionary with a fat wallet, professional dev team, and several successful internet businesses that will bring exposure to TAG that other alts can only dream of.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
Litecoin.


maybe Zerocoin in the future...
sr. member
Activity: 280
Merit: 250
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?

Litecoin and Primecoin have no real purpose.

Datacoin has: http://www.datacoin.info/
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 ... LTC is a first generation coin with lots of adopters and more services coming as well as publicity on TV. ... so, may be a contender.  Primecoin is mixing pure math with money, unnecessarily burdening money to do EXTRA math.. useful as a toy but the block chain will get ridiculous and mining will fade and perhaps only science labs should run it...IMHO

the only way to avoid a pump and dump is to start at xorxors list of ALT COINS.  If a coin is dedicated 80% to foundation(some), completely premined (Ripple), or the dev didn't do an honest launch which can be determined by examining the block chain and seeing if the first significant amount of coin went to ONE wallet before the announcement or very soon after the announcement - which can be done lamely so as to intentionally fail in reaching interested crypto-miners.   Some coins that fall in that category of GOOD launch, good adoption, good dev , good and growing services (either inherent in the coin or by virtue of its network) as well as having a relatively stable trading market, ie listed on cryptsy - tech analysis of the charts there will tell you how the demand for the coin is holding up) will appreciate just like the fiat currencies of well managed national banks rise above other national banks (except in this case there is no central bank but a democratically-created network of supporters).  One way to guage the rabbidness of the various alt coin community is to go into the forum and just ask one good question and one BIG DOUBT statement about the coin and watch the community answer technical questions and react to someone "diss'in" their coin... just a sociological insight...

 In other words, do your own research - this is the MOST TRANSPARENT of markets ANYWHERE).  -digeros
sr. member
Activity: 280
Merit: 250
This thread is going to turn into a "these are the coins i have the most of" thread. I love these threads.

If you want a truthful answer to your question, look for the coins actually acquiring services and not just shills. Also try to find the fair coins that arnt created just to benefit the early adopters. There are only a few like that. Good luck with your research.

I'll save you some time. TAG no other alt even come close.
THATS A DATA RICH STATEMENT Wink  Interesting, Please tell us why TAG is so AWESOME... -digeros
sr. member
Activity: 386
Merit: 250
lite, anon, world
legendary
Activity: 1311
Merit: 1000
This thread is going to turn into a "these are the coins i have the most of" thread. I love these threads.

If you want a truthful answer to your question, look for the coins actually acquiring services and not just shills. Also try to find the fair coins that arnt created just to benefit the early adopters. There are only a few like that. Good luck with your research.

I'll save you some time. TAG no other alt even come close.
hero member
Activity: 724
Merit: 500
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?

Litecoin and Primecoin have no real purpose.

Datacoin has: http://www.datacoin.info/
full member
Activity: 126
Merit: 100
Girls dont crypto?
This thread is going to turn into a "these are the coins i have the most of" thread. I love these threads.

If you want a truthful answer to your question, look for the coins actually acquiring services and not just shills. Also try to find the fair coins that arnt created just to benefit the early adopters. There are only a few like that. Good luck with your research.
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