Topic: What's going to make it? (Read 1209 times)

The only possible way all these scrypt coins can survive if someone can be arsed to program in merged mining. They are just too expensive to secure on their own.

DGC will make it. It's only a few months old and you call it "waiting for the longest time" lol. Supporting a coin only when it's going up isn't support at all. It's opportunistic.

For those who are actually investing and not in for the quick buck there are far worse choices than Dgc: Diff adjustment is coming in just a few days and will make the stales drop to a low level again. Dev is very active and working on a new exchange. There was a client update just recently. Great community and projects ahead.

Besides, I'd be much more worried about Ltc's future.

SXC ...
why ??
Because i have a fuck load of money invested in it.
..and cause i like porn.

Core supporters -- AKA people seeking personal gain.

Define what you class as making it? Notthing here really has a snowballs chance in hell as being adopted as a global alternative to fiat, (which should be the aim but thats lost on most people here).

Do you mean survive as a trading token? Well that all depends on us, who wants to keep what pumping.

 I have a feeling gldcoin will survive as I have myself plans to keep it going if this alt community does not (in any case its one of the few coins kept alive not out of personal gain by its core supporters).

What do you mean by 'making it'?

OSC, NAN, DGC, SRC, ARG, MEC, ANC, CAP, FRK will all make it. the rest will all wither and die because they have no real dev support other than people paid to work on them

NaMeCoin can be used in recent versions of Open Transactions for your master identity which authorises all your revokable identities/nyms, though as the iPhone and Androind apps for Open Transactions are not quite ready for real world use yet that could take a while yet to have much impact.

All the SHA256 merged mined coins look pretty good, they have stuck around for years and merged mining gives them decent difficulty provided pools do bother to include them in their merge.

If it is true that fast blocks are a good feature then GeistGeld might be a big darkhorse candidate because its blocks are really fast and it is merged mined.

DeVCoin has been really popular with borrowers, there is more outstanding debt denominated in DeVCoins than there are DeVCoins. Like, way more. Years from now - many years from now - there still will not be as many DeVCoins as the amount of DeVCoin-denominated debt already existing. Unfortunately if it is having any impact on DeVCoin exchange rates it seems to be a downwards impact, as if the debtors are successfully suppressing the rates so as to be able to pay down their debts as cheaply as possible.

GRouPcoin is looking interesting right now because although it is merged mined at bitparking's mmpool I haven't heard of it being on any exchanges yet, if it is not then, who knows, maybe people who missed out on the years it could be merged at low difficulty still might be able to pick some up cheap over the counter from people who are getting it "free" at mmpool and have no idea what to do with it.

I0Coin is also interesting because like the rest of the merged mined coins it has been around for years, and like GRouPcoin it is merged mined at mmpool; it is on at least one exchange but weirdly its price is much lower than that of Ixcoin despite the fact Ixcoin is giving out 96 coins per block while I0Coin is giving out only 3 coins per block.

Ixcoin of course might be in trouble when its "sudden death of minting" hits, as some day in the not so very far distant future it will drop from minting 96 coins per block to minting no coins per block. An interesting experiment but so far its supporters don't seem to have put in place a lot of commerce to generate transaction fees to keep miners mining when that "sudden death" hits.

-MarkM-

Generally Agree but would probably swap CGB for PHS, I dont like a coin that cant report a network hashrate.

OHH Yeah I forgot Little Ol' NameCoin which someday will be used to create cool aliases services and currently costing miners nothing really The wallet got a nice update too to allow domains / names management from the wallet i think I haven't fully explored it.  -digeros

WOW I came to the same conclusion about DGC. I thought a coin that had an economy waiting for it had a good chance but without the security of a stable coin network, I abandoned it too. 

Speaking of Stabilizing POW DIFF,  we have a couple of ways that seem to be working well: 

The first is the POS system which comes from PPCOIN PeerCoin (PPC) -SHA-256 hash, NovaCoin (NVC) script hash, Diamond (DMD) Fork adding random blocks, PhilosopherStone PHS etc.
of Which PPC, NVC are still going strong and PHS (still young but stabilizing network).

The second option for controlling huge shifts is the POW Mining DIFF is a DIFF algo that somehow adapts quickly to shifting network hashrates.  For this, POS helps but I have not experienced anything as smooth as Kimoto's Gravity Well used in MEGACOIN.


I think that in a Crypto-currency world / set of Wallets / or perhaps set of coins creating a diversified portfolio???

There would be a
1) some sort of INTEREST-bearing coin for which I think POS coins work well PHS qualifies with 50% annual interest POS
2) some sort of ANONYMITY of CASH coin for which the coins racing toward the ZEROCOIN protocol are contenders: BTC, ANC & MEC.
3) IN a HIGHLY advanced crypto-currency economy we would also have a spend it or loss it coin Called demurrage or Negative annual interest like FREICOIN  But I think that is the type of thing that could only be used for a highly developed goods for bitcoin/crypto-currency local economy like a local farmers market.
-digeros 

The only coin I feel relatively sure about right now is ANC. It has some truly exciting and unique features and services coming up (I2P webhosting, wallet with embedded i2p router, Darknet Exchange (I2P & Tor)) as well as things like Poker/Casino network and personalized address generator (to include your name or business etc.)

MΣC is my second favorite, and for every new release I like it more. But it's still a far cry from having the offering of ANC (Zerocoin or not).

I always ask myself why I even participate in these threads. It's obviously going to be a ton of posts from people pushing whatever they're most invested in.

The truth is pushing your agenda in a thread like this is pretty pointless -- it's not like it's getting that much exposure and, even if it was, it's not like people are taking you seriously.

I tried to offer my 100% honest analysis on the topic...and made sure to let everybody know what I'm investing in and not investing in. If you're actually looking for an answer to your question...my answer is probably your best bet.

coins that are going to make it
CGB, ANC, LTC,NMC
coins that will crash and burn
ZET, DEV
coins that should crash and burn
FTC, NVC, GLD
Although LTC has been kind of twitchy and CBG's POS should keep the block creation going.

We've been hearing about big things to come for DGC forever -- what could possible be behind the curtain? It's a currency riddled with stales and is too easily manipulated by mining-hoppers due to it's dated difficulty adjustment -- maybe those issues should be addressed first. What good are the fast block times if 1/4 of all shares are stales?

Anything DGC can possibly come up with everything else of note will be able to do as well...and also have a superior currency to do it with. I bought into DGC early but I threw in the towel a while back -- too many empty promises and nothing ever materializes. The only cool thing DGC ever had going for it was the fair launch...but that's in the distant past now and an insignificant proportion of what we're looking at now. Bragging about the fair launch can't power this engine forever.

I hope you prove me wrong -- I'm happy to see any altcoin succeed even if I'm not invested in it. I just don't see it with DGC -- I think it's overhyped and slowly on its way out.

In my opinion, looking forward more than at the present time (and taking technical specifications into consideration) here are the altcoins I think will make it from most risky to least risky:

1. LTC
2. NVC
3. MΣC
4. CGB
5. FTC

I know a lot of people dislike NVC but, as the original PoW/PoS coin (of note) and with the destruction of the premine, I think it has quite a bit of long-term potential. It's widespread holdings help to prevent collapse. FTC is in the mix solely due to it's widespread holdings (when a lot of people are invested, they don't want to see it fail) and an above-average community and dev team. MΣC has the most potential of the bunch and I think it will be around long-term (especially if Zerocoin is implemented) but its future definitely revolves around the dev's commitment. MΣC has a top-notch dev...but if they ever decided to walk away, I'm not sure there is a big enough following to keep it alive. CGB is marketing itself nicely as a long-term investment/commodity moreso than a currency, and I think it's the only currency that has successfully executed on this.

I am heavily invested in MΣC, but the biggest problem there is the distribution of wealth. Of the 5 I list here, it is the least distributed of the bunch. About 10 groups/individuals are holding about 35% of all minted MΣC (me being one of those 10.) If MΣC truly became the altcoin of the future, that would give a lot of power to a small group of people. I think this is starting to sort itself out as more people are starting to mine now that the value is climbing.

This doesn't mean I think all other altcoins will fail other than these 5 (although most will) but if you're looking for security investing in these 5 is about as close as you can get in this market. Honestly, I think something will come along at some point with a new concept that will be more suited for Point of Sale use. Coins like DGC/etc have tried to market themselves as such...but DGC simply has too many technological flaws to be a go-to Point of Sale currency. I think anybody that is putting all of their eggs in the DGC basic are setting themselves up for massive disappointment.

Always smart to hedge your bets -- as all-in as I am on MΣC, I'm always making sure to supplement my portfolio with a healthy dose of BTC. Everything has room to grow once BTC truly goes mainstream...but you have to figure BTC would be the first to skyrocket out of anything.

As another note..."targeted" altcoins will fail. You can't target a currency for a specific industry -- this concept doesn't even make sense. Unless it's tokens for games or something nobody wants to invest in a currency designed for "the construction industry," for example. What's the point? There is simply no advantage. It's a cheap way for new currencies to try to set itself apart...but the logic is flawed here.

Bought some at 0.0003 and have seen price half. So hope the big things do come to it.

there are big things to come for DGC

besides, all coins, including Litecoin have been going down while Bitcoin went up in price, it's called market adjustment

Why all this support for DGC? It seems to have been going down for quite some time.

Whatever gets the most real-world applications will continue to thrive. Everything else will continue to live in the realm of speculators.

I think LTC and DGC are the best candidates. Other than those, we have more targeted altcoins (e.g. SXC) that should survive quite a while too.

 I believe ltc,ftc,nvc,nmc will be here for a loong time , yacoin tried but I am not sure , if a good backed up chinese coin comes out , it would be really really big.