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Topic: What coin will surpass bitcoin? - page 2. (Read 2549 times)

full member
Activity: 178
Merit: 100
August 21, 2014, 02:47:40 AM
#40
Marketcap can be irrelevant and useless for many coins. Someone could create a coin with 200 billion coins, premine it 100%, sell 1 for 0.1 btc and claim a marketcap of 20 billion us$  Cheesy
full member
Activity: 134
Merit: 100
The End Times are Upon Us
August 20, 2014, 09:23:58 PM
#39
When the Pleasure Saucers arrive, your silly BitCoins will be worthlesss..
The Saucer People don't take them, and you won't be able to buy (BOB) at ANY price.


Give yourself to (Bob) freely, joyously, without an atom of restraint --NOW -- and your worries are over.
Hail ERIS & Praise "BOB" - http://dobbscoin.info


Quote

The ONLY Crypto-Currency accepted on the Pleasure Saucers.
"BOB" brings a NEW DESTINY for the abnormal. (BOB) comes to JUSTIFY our sins;
to UNMASK the Conspiracy, and to get us back the SLACK they stole away!



When two or three are gathered in my name, and I am not there; do you not feel my hands in your pockets? - J.R. "Bob" Dobbs

ARE YOU LOOKING FOR SOMETHING FOR NOTHING?
Then you've come to the right place.
http://www.dobbscoin.info
legendary
Activity: 2282
Merit: 1050
Monero Core Team
August 20, 2014, 04:30:18 PM
#38
...

As someone said, bitcoin doesn't have to be perfect, all it needs is to be 'good enough'.

This is very true; however if Bitcoin does not address the 1MB blocksize limit via a hard fork, it will not be "good enough" once we reach this limit likely within 12 months.
legendary
Activity: 2436
Merit: 1561
August 20, 2014, 04:26:50 PM
#37
I think bitcoin will stay relevant for many years to come,
However I also think that we will see a new crypto coin surpass bitcoins market cap within 3 years.
Im am unsure of the coin, but it is obvious we live in a world that sees many fads, fade in and out.
Not to mention bitcoin is far from perfect, with other coins proving to provide a better system.
What do you think? What kind of "marketing" campaign is it going to take to surpass bitcoin?

Surpass in market cap? That's possible, in fact it already happened (well, sort of) I remember DOGE in its early days being 1st on coinmarketcap for a few hours or so, simply because someone bought small amounts at ridiculous price. Market cap is important indicator but can be very deceptive short-terms.

Ironically it's not really in any altcoin's or investor best interest to surpass bitcoin. Let's say that everybody jumps from bitcoin to other, better altcoin, and then jumps from that coin to yet another one that is even better, and so on... The crypto currencies market as a whole would lose any stability. No one would invest significant amount of $ in any coin knowing that it can become worthless overnight if a new 'currently best' coin is released. That's why bitcoin is still number one, despite all the faster, more secure, better features alts.

As someone said, bitcoin doesn't have to be perfect, all it needs is to be 'good enough'.
legendary
Activity: 2282
Merit: 1050
Monero Core Team
August 20, 2014, 03:59:01 PM
#36
I very much doubt marketing will do the trick, but fundamentals can. I doubt a POS coin will do this but another POW coin that improves on XBT can.

It makes sense that someday another "better" coin could come. Speaking for myself, I would not even consider using another system unless it....

1. Is open source.
2. Is a distributed, decentralized network.
3. Has no pre-mine option.
4. Has an unchangeable and limited supply.
5. Is accepted more widely than bitcoin. 
6. Is based on stronger encryption than bitcoin.

XMR (Monero) meets all of these requirements except for 5. If XBT hits the 1 MB blocklimit wall before something is done then 5 can also fall. Add to this built in privacy, fast 1 min blocks, etc., and we have a potential winner here.
legendary
Activity: 1764
Merit: 1018
August 20, 2014, 03:07:27 PM
#35
BitBTC (BitSharesX pledged asset)
hero member
Activity: 532
Merit: 500
August 20, 2014, 03:06:11 PM
#34
A crypto your average person in the street could understand.

and the gold medal goes too.

theats the real dumbass about all of the "innovation" i've seen todate, all adds complication, ONLY a simplification of crypto will work for mass adoption but thats lost on most programming types in crypto.

There's nothing wrong with having complex features under the hood, but that's where they belong. Under the hood. I downloaded the Bytecoin wallet recently. What average person in the street is going to have any clue how to use a command-line interface? The only way cryptos will gain any kind of public following is if they simplify the wallet even more, but still allow advanced users to use the full interface. Stick the current wallet under an "advanced" setting, and focus on simplifying the wallet so much my gran could understand it
hero member
Activity: 798
Merit: 1000
‘Try to be nice’
August 20, 2014, 02:45:05 PM
#33
It makes sense that someday another "better" coin could come. Speaking for myself, I would not even consider using another system unless it....

1. Is open source.
2. Is a distributed, decentralized network.
3. Has no pre-mine option.
4. Has an unchangeable and limited supply.
5. Is accepted more widely than bitcoin. 
6. Is based on stronger encryption than bitcoin.

its most certainly already built (and was built from ideas floating around this forum and privately)

its blocks and pieces are floating around.
legendary
Activity: 1876
Merit: 1000
August 20, 2014, 02:19:32 PM
#32
not a clone for sure, or semi-clone, adding just one new feature don't make a new coin not a clone

disagree I think a clone or near clone is the most likely to succeed, look even supposed ground up written newer cryptos use btc to attract people, and little outside of btc code is trusted....and for damn good reason. bitcoin actually got alot right.
member
Activity: 89
Merit: 10
August 20, 2014, 02:15:31 PM
#31
not going to happen
legendary
Activity: 2730
Merit: 1288
August 20, 2014, 02:14:16 PM
#30
It makes sense that someday another "better" coin could come. Speaking for myself, I would not even consider using another system unless it....

1. Is open source.
2. Is a distributed, decentralized network.
3. Has no pre-mine option.
4. Has an unchangeable and limited supply.
5. Is accepted more widely than bitcoin. 
6. Is based on stronger encryption than bitcoin.

Than maybe Monero ?

None coin is accepted more widely then btc. Few coins have all the rest and some also things that btc cant copy.
Right now there are many currencies on world. So no worry for coins that will work well and be of some use.
legendary
Activity: 1876
Merit: 1000
August 20, 2014, 02:13:13 PM
#29
A crypto your average person in the street could understand.

and the gold medal goes too.

theats the real dumbass about all of the "innovation" i've seen todate, all adds complication, ONLY a simplification of crypto will work for mass adoption but thats lost on most programming types in crypto.
legendary
Activity: 1358
Merit: 1093
August 20, 2014, 12:46:42 PM
#28
none.
legendary
Activity: 3248
Merit: 1070
August 20, 2014, 12:44:24 PM
#27
not a clone for sure, or semi-clone, adding just one new feature don't make a new coin not a clone
sr. member
Activity: 336
Merit: 260
August 20, 2014, 12:38:31 PM
#26
bitcoin is not standing still it's being further developed upon

wow, that's something new Cheesy
legendary
Activity: 910
Merit: 1000
August 20, 2014, 12:37:35 PM
#25
none, in this shitcoin scheme
full member
Activity: 178
Merit: 100
August 20, 2014, 12:37:18 PM
#24
Bitcoin is leader for years to come. No other coin will get the same amount of adoption. Besides bitcoin is not standing still it's being further developed upon so it won't get oldfashioned very soon.
legendary
Activity: 1334
Merit: 1004
TTM
August 20, 2014, 12:35:11 PM
#23
NXT  Wink
hero member
Activity: 672
Merit: 500
August 20, 2014, 12:32:36 PM
#22
Surpass BTC... in what terms?
Market cap? I don't think so. What BTC is: a replacement for long-distance, at-least-2-zeros transactions, also compatible with a lot of internet services... but too slow for brick-n-mortar. In terms of adoption it will be surpassed in the near future.

The extra privacy of cryptonote coins could be their driving force... or their biggest problem. For more traditional solutions, I see multi-pow as a step forward in building something meant to last.
newbie
Activity: 3
Merit: 0
August 20, 2014, 12:24:21 PM
#21
I do not think it is going to happen. Unless the coin crosses the usability barrier for common consumers and is adopted early by major retailers.

Essentially, bitcoin already has the latter. I think one of the major problems with wide acceptance is the difficulty buying bitcoin. We need relaxed FenCen requirements and/or a major credit card company to stop chargebacks for crypto purchases that can be verified via blockchain easing on the anti-fraud requirements (<- this is probably never going to happen)
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