Pages:
Author

Topic: What do you think about this quotation from Fontas? (Read 1401 times)

full member
Activity: 258
Merit: 100
Look ARROUND!
Probably. BTC is a good start but it has far too many flaws to ever be considered a worldwide currency. Something better will come along and replace it Smiley

I think it inevitable that sometime in the future we will move to some form of completely electronic currency. Whether it is centralized or decentralized.. Paper money is expensive and difficult for governments to track!

I think that BTC and LTC can be used as a saving currency. But is there zero chances that any of the current crypto will be adopted as a mass spending currency.

And yes, something better will replace them. I know that are many zelots that think in their delusions that people will get used to to work with many decimal point currency, or tonal system and other craps, but this will not happen. Also the block chain and the transaction time is a big issue. You will need mobile storage to carry your crypto in order to spend. And mobile storage is expensive. And in the end who on earth will want to carry a wallet that is 10 times more valuable than the money carried?  

Regarding transaction time, is there any sane person who really think that there will be any store to accept crypto and wait at least 10 minutes for every customer to approve the transaction? This store will be out of business in a few weeks.

sr. member
Activity: 294
Merit: 250
fontas has become irrelevant after his pump and dumps started failing.
+1  especially with crypsy introducing a coin a day on the exchange   debuting at .0000xxx or lower lol 
most found out a good way is to dump on a pump:)
sr. member
Activity: 294
Merit: 250
the problem with quotes from pumpers is   you have to understand when, why, and to whom they say it,  it can be a creative panic selling so he can accumulate..Smiley in any way  the statement is true though.. coins will not replace curency  the technology behind is most likel;y be used in the existing system..  .
on the other hand  what will  be the future?  in order for btc or any crypto to exist we must have a world  a swe know it.. hech  soon we might be like mad max.. world   destroyed
hero member
Activity: 714
Merit: 500
fontas has become irrelevant after his pump and dumps started failing.
hero member
Activity: 708
Merit: 500
Fontas knows jack shit about the future.
There a personality cult following on btc-e, in which he makes a nice living watching the dickheads jump on his coat tails.
sr. member
Activity: 350
Merit: 250
"Don't go in the trollbox, trollbox, trollbox"
He's a 16 year old who scams 14 year olds for their junkcoins with pocket money.

He DOES however know they are all worthless except BTC.
hero member
Activity: 768
Merit: 1000
nmc aswell be there for a long run
legendary
Activity: 2618
Merit: 1022
"In the end, all coins will die off like RUC and IOC. First FTC and CNC, then TRC and NVC, finally LTC and BTC, but it will take much longer."

Do you agree or disagree with it??

yes, that's right computers killed writing....nope

BTC can evolve
hero member
Activity: 756
Merit: 500
Did a search on Fontas.   Other than a Spanish Footballer, there is one of two blogs saying that he is a legend for Pump and Dump of Alt coin.  I didn't know there is such a legendary guy/group here.   Maybe someone can enlighten me on what he/they had Pump and Dump so far?
legendary
Activity: 2772
Merit: 1028
Duelbits.com
You know where's world going when some random nobody called fontas on internet gets his own thread about his "wise" thoughts.
hero member
Activity: 756
Merit: 500
I don't agree I think BTC and LTC will be ok.  The rest will eventually die off.  The life cycle of an alt coin, Pump then Dump and everyone forgets about it.   Maybe with the exception of Namecoin if they can get Dot Bit to be popular enough.
full member
Activity: 146
Merit: 100
I am skeptical. BTC will only die if the userbase disappears

BTC will die if there is nobody to inject real money into bitcoin...
legendary
Activity: 980
Merit: 1000
Fontas gonna pump Nibble
A kid with zero buying power is gonna pump a coin? Huh
newbie
Activity: 28
Merit: 0
Fontas gonna pump Nibble
full member
Activity: 146
Merit: 100
I agree all coins will die in the long run. But It will be replaced by more efficient fast and new technology you have not seen now.

I think you are wrong. you are fixated on the technical aspects but this isn't what is going to provide value to them. They need to have markets, partners, and media attention too, and not just to be traded...

There are already other, better altcoins like OpenUDC or Timekoin, but they don't have market strength.
sr. member
Activity: 1204
Merit: 272
1xbit.com
I am skeptical. BTC will only die if the userbase disappears, which is proportionally less likely to happen as the coin is more widely adopted for real payments and transactions. It all depends on how likely one thinks this is to happen for a given coin, and personally I think BTC and crypto in general are on a path to widespread adoption, eventually overtaking traditional currencies as we move towards a borderless digital world.
newbie
Activity: 28
Merit: 0
Well, I wouldnt take too much to heart with what Fontas says.... On the other hand, Like some have said, we may eventually move to some sort of electronic currency, BTC will not last forever. In the end though, we will not have electronic currencies, we will be using gold and silver, plain and simple. It has been used as currency since the beginning of civilization, and in the end, wether we destroy ourselves or from some sort of natural catastrophe, gold and silver will be used again, it was here before, and will be here in the end. Unlike anything electronic or paper wise -
sr. member
Activity: 383
Merit: 250
I agree with Fontas.  Grin

Permanent on this world only the change is.
Heraclitus, Petar Preradović - EDIT: and maybe Yoda too (according to the position of the word in a sentence) Grin
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
Fontas is a fairy tale from the trollbox. An excuse for the mass-psychosis rampant during pump&dump cycles.
member
Activity: 182
Merit: 10
Definitely, BTC and it's derivatives are good, but are far from perfect.

Something new will eventually supersede it
Pages:
Jump to: