Eth, Bitshares, Banx, upcoming Neu, STR, Ripple, NXT are all big coins that jumped straight to the top of coin marketcap list because they had tons of funding to back them up [...]
Concerning initial funding: care to share some numbers?
Topic: What's the next big thing? (Read 4086 times)
Concerning initial funding: care to share some numbers?
I think BURST is the next big cryptocurrency:
https://bitcointalksearch.org/topic/annburst-burst-efficient-hdd-mining-new-123-fork-block-92000-731923
We are in the process of reorganization, and improved mining network with big community support coming from veteran members of it.
Yet the price is realy low, and inflation is decreasing, so it can be a potential big thing. Also it can be a potential angel investment with high rewards coming soon, if the price will start to go up.
1 BURST = 28 satoshi, so it very cheap at the moment.
https://bitcointalksearch.org/topic/annburst-burst-efficient-hdd-mining-new-123-fork-block-92000-731923
We are in the process of reorganization, and improved mining network with big community support coming from veteran members of it.
Yet the price is realy low, and inflation is decreasing, so it can be a potential big thing. Also it can be a potential angel investment with high rewards coming soon, if the price will start to go up.
1 BURST = 28 satoshi, so it very cheap at the moment.
Gridcoin (GRC) is in my opintion the best coin to support as supporting it involves supporting sciene and advancing humanity. The best thing about it is that even total crypto-newcomers understand the idea behind it and want to contribute their computing power, see for example https://www.reddit.com/r/homelab/comments/3k059i/run_boinc_on_your_home_lab_offset_electricity/
The mining process consits of running BOINC (https://de.wikipedia.org/wiki/Berkeley_Open_Infrastructure_for_Network_Computing) research simulations on your computer, for example folding proteins, simulating a brain or searching for aliens.
You get rewarded for this research in a completely decentralized way. If you are interested go to gridcoin.us or visit our IRC: https://kiwiirc.com/client/irc.freenode.net:6667/#gridcoin
The mining process consits of running BOINC (https://de.wikipedia.org/wiki/Berkeley_Open_Infrastructure_for_Network_Computing) research simulations on your computer, for example folding proteins, simulating a brain or searching for aliens.
You get rewarded for this research in a completely decentralized way. If you are interested go to gridcoin.us or visit our IRC: https://kiwiirc.com/client/irc.freenode.net:6667/#gridcoin
The service of Bitcoin can meet the requirements of big trade and become a safe tool for storage of assets.
Eth, Bitshares, Banx, upcoming Neu, STR, Ripple, NXT are all big coins that jumped straight to the top of coin marketcap list because they had tons of funding to back them up with some marketing and an echosystem to get them started.
None of them however is seeing this artificial and initial echosystem snowball and develop to a whole environment; and it looks like the Devs of these big coins got what they wanted already - so don't expect anything from them anytime soon. Don't buy these coins.
None of them however is seeing this artificial and initial echosystem snowball and develop to a whole environment; and it looks like the Devs of these big coins got what they wanted already - so don't expect anything from them anytime soon. Don't buy these coins.
The problem I see with Ethereum is its lacking of incentive. There are so many interesting technologies that no one cares about because of no incentive, such kind of technology would not direct benefit the participants, it must be driven by a centralized organization who have lots of resources to invest and make some products that can be accepted by market
For bitcoin the incentive for participants are very intuitive: You mine the coins and sell it for profit, you accept bitcoin payment thus make bitcoin more valuable
How could an average Joe to benefit from Ethereum? I think the Ethereum from its very establishing is just to prevent normal people from participating:
"What Ethereum intends to provide is a blockchain with a built-in fully fledged Turing-complete programming language that can be used to create "contracts" that can be used to encode arbitrary state transition functions, allowing users to create any of the systems described above, as well as many others that we have not yet imagined, simply by writing up the logic in a few lines of code."
You need a doctor degree in computer science to understand what is the meaning of all these buzz. And still, the concept of "contracts" are not solid due to the fact that it need centralized authorities to enforce
For bitcoin the incentive for participants are very intuitive: You mine the coins and sell it for profit, you accept bitcoin payment thus make bitcoin more valuable
How could an average Joe to benefit from Ethereum? I think the Ethereum from its very establishing is just to prevent normal people from participating:
"What Ethereum intends to provide is a blockchain with a built-in fully fledged Turing-complete programming language that can be used to create "contracts" that can be used to encode arbitrary state transition functions, allowing users to create any of the systems described above, as well as many others that we have not yet imagined, simply by writing up the logic in a few lines of code."
You need a doctor degree in computer science to understand what is the meaning of all these buzz. And still, the concept of "contracts" are not solid due to the fact that it need centralized authorities to enforce
That's a very valid point. Ethereum needs more PR. We need all those crazy altcoins users to start to hoard some eths an increase the value.
We need a solid user-base, and focus on the monetary aspect of Ethereum too. The Solidity and Smart-contracts are the main point s of ethereum, but right now, they aren't the ones bringing the money to the platform.
Ethereum hasn't properly started yet. They're still in the frontier phase.
i am 100% sure that if someday bitcoin dies at least litecoin would not take its place, as you yourself said litecoin is just a copy with no useful feature. so i don't see any chance for it.
but other coins might have a better chance BUT i personally would not consider any substitute for crypto since if something huge like bitcoin dies other altcoins which are just small projects in comparison with bitcoin, would die too.
No because BTC and LTC given their identical nature, they can substiture eachother.
And so far I dont see any coin that come nearly close to their security. Maybe BYTECOIN can replace it.
Or if a more decentralized/anonymous approach is needed then Monero.
Other than that, these coins dont have as many devs, but who knows what the future holds right?
If LTC is the same thing as BTC it won't matter if BTC's devs fight with each other... If the crypto you are copying is the same and their devs have an issue with block size, that means if LTC were to even get at $10 a pop, the devs would start wondering how to ensure the health of their blockchain network just like BTC's devs are doing.
Yea but they would not make the same mistake as in BTC. If BTC adopts BIP 101 and fails.
Then LTC can adopt BIP 100 and succeed.
This is what I was trying to say.
If one day bitcoin is gone I'm sure people would lose trust towards crypto currency as a whole. Besides at this point I really don't see an alternative coins will be worth taking over its place.
Thats bad because Litecoin can take over anytime, its almost a clone of bitcoin, so it would be easy to take over.
Plus by then we would have more experience with cryptocurrencies, so obviously any error that bitcoin had, would be corrected in the others.
Besides dont forget: NXT, NMC, PRC, GEMZ, BYTE,etc. those other altcoins will be worth something without BTC aswell. Not to mention ETHER, and RIPPLE.
i am 100% sure that if someday bitcoin dies at least litecoin would not take its place, as you yourself said litecoin is just a copy with no useful feature. so i don't see any chance for it.
but other coins might have a better chance BUT i personally would not consider any substitute for crypto since if something huge like bitcoin dies other altcoins which are just small projects in comparison with bitcoin, would die too.
The next big thing: Satoshi nakamoto revealed death. Btc collapsed.
I just don't think that BTC will DIE.. It is just starting. And it is getting stronger and stronger. I think people should be educated on how BTC works. in that way, many others will be into using BTC. Just sayin.
The problem I see with Ethereum is its lacking of incentive. There are so many interesting technologies that no one cares about because of no incentive, such kind of technology would not direct benefit the participants, it must be driven by a centralized organization who have lots of resources to invest and make some products that can be accepted by market
For bitcoin the incentive for participants are very intuitive: You mine the coins and sell it for profit, you accept bitcoin payment thus make bitcoin more valuable
How could an average Joe to benefit from Ethereum? I think the Ethereum from its very establishing is just to prevent normal people from participating:
"What Ethereum intends to provide is a blockchain with a built-in fully fledged Turing-complete programming language that can be used to create "contracts" that can be used to encode arbitrary state transition functions, allowing users to create any of the systems described above, as well as many others that we have not yet imagined, simply by writing up the logic in a few lines of code."
You need a doctor degree in computer science to understand what is the meaning of all these buzz. And still, the concept of "contracts" are not solid due to the fact that it need centralized authorities to enforce
For bitcoin the incentive for participants are very intuitive: You mine the coins and sell it for profit, you accept bitcoin payment thus make bitcoin more valuable
How could an average Joe to benefit from Ethereum? I think the Ethereum from its very establishing is just to prevent normal people from participating:
"What Ethereum intends to provide is a blockchain with a built-in fully fledged Turing-complete programming language that can be used to create "contracts" that can be used to encode arbitrary state transition functions, allowing users to create any of the systems described above, as well as many others that we have not yet imagined, simply by writing up the logic in a few lines of code."
You need a doctor degree in computer science to understand what is the meaning of all these buzz. And still, the concept of "contracts" are not solid due to the fact that it need centralized authorities to enforce
That's a very valid point. Ethereum needs more PR. We need all those crazy altcoins users to start to hoard some eths an increase the value.
We need a solid user-base, and focus on the monetary aspect of Ethereum too. The Solidity and Smart-contracts are the main point s of ethereum, but right now, they aren't the ones bringing the money to the platform.
Bitcoin is still the real thing, as far as I know there is nothing that even comes close, maybe that’ll change but as of right now bitcoin is king.
Many are forseeing the death of bitcoin. Do you believe bitcoin is going to die?
What are the possible substitutes for BTC? State your mind!
What are the possible substitutes for BTC? State your mind!
Next big things:
For example; bitcoins are highly suitable for:
• Online transactions
• Face-to-face mobile transactions
• Machine-to-machine transactions
• International remittances
• Secure savings
• Back-up
However, Bitcoin is much more than just "money". Bitcoin's network and technology (the "Blockchain") enables:
• Start-up innovation (an address is all you need, bank account optional)
• Autonomous Trading Entities / Decentralized Apps / Corporations (DAC:s)
• Proof-of-existence services (timestamping)
• Multi-signatory contracts, wills, insurance agreements
• Borderless value transfers
• Transparent governance
Totally agree, you need to write a book!
If one day bitcoin is gone I'm sure people would lose trust towards crypto currency as a whole. Besides at this point I really don't see an alternative coins will be worth taking over its place.
Thats bad because Litecoin can take over anytime, its almost a clone of bitcoin, so it would be easy to take over.
Plus by then we would have more experience with cryptocurrencies, so obviously any error that bitcoin had, would be corrected in the others.
Besides dont forget: NXT, NMC, PRC, GEMZ, BYTE,etc. those other altcoins will be worth something without BTC aswell. Not to mention ETHER, and RIPPLE.
I am sure that if Bitcoin would be gone, the Litecoin won't be the one to replace it. Litecoin is basically the same technology as Bitcoin, just a bit tweaked. Whatever would kill Bitcoin, would kill Litecoin as well.
Some of the above coins that you have posted have much better chance in replacing the Bitcoin, even though I don't see this happening either. They might complement each other but not replace it.
No because bitcoin faces danger from the inside.
Litecoin has pretty solid dev team. Bitcoin devs only bicker with eachother, which is not good.
If bitcoin gets destroyed by devs foolishness, litecoin will take over with more disciplined and professional devs.
If LTC is the same thing as BTC it won't matter if BTC's devs fight with each other... If the crypto you are copying is the same and their devs have an issue with block size, that means if LTC were to even get at $10 a pop, the devs would start wondering how to ensure the health of their blockchain network just like BTC's devs are doing.
Many are forseeing the death of bitcoin. Do you believe bitcoin is going to die?
What are the possible substitutes for BTC? State your mind!
What are the possible substitutes for BTC? State your mind!
Next big things:
For example; bitcoins are highly suitable for:
• Online transactions
• Face-to-face mobile transactions
• Machine-to-machine transactions
• International remittances
• Secure savings
• Back-up
However, Bitcoin is much more than just "money". Bitcoin's network and technology (the "Blockchain") enables:
• Start-up innovation (an address is all you need, bank account optional)
• Autonomous Trading Entities / Decentralized Apps / Corporations (DAC:s)
• Proof-of-existence services (timestamping)
• Multi-signatory contracts, wills, insurance agreements
• Borderless value transfers
• Transparent governance
Totally agree, you need to write a book!
If one day bitcoin is gone I'm sure people would lose trust towards crypto currency as a whole. Besides at this point I really don't see an alternative coins will be worth taking over its place.
Thats bad because Litecoin can take over anytime, its almost a clone of bitcoin, so it would be easy to take over.
Plus by then we would have more experience with cryptocurrencies, so obviously any error that bitcoin had, would be corrected in the others.
Besides dont forget: NXT, NMC, PRC, GEMZ, BYTE,etc. those other altcoins will be worth something without BTC aswell. Not to mention ETHER, and RIPPLE.
I am sure that if Bitcoin would be gone, the Litecoin won't be the one to replace it. Litecoin is basically the same technology as Bitcoin, just a bit tweaked. Whatever would kill Bitcoin, would kill Litecoin as well.
Some of the above coins that you have posted have much better chance in replacing the Bitcoin, even though I don't see this happening either. They might complement each other but not replace it.
No because bitcoin faces danger from the inside.
Litecoin has pretty solid dev team. Bitcoin devs only bicker with eachother, which is not good.
If bitcoin gets destroyed by devs foolishness, litecoin will take over with more disciplined and professional devs.
If one day bitcoin is gone I'm sure people would lose trust towards crypto currency as a whole. Besides at this point I really don't see an alternative coins will be worth taking over its place.
Thats bad because Litecoin can take over anytime, its almost a clone of bitcoin, so it would be easy to take over.
Plus by then we would have more experience with cryptocurrencies, so obviously any error that bitcoin had, would be corrected in the others.
Besides dont forget: NXT, NMC, PRC, GEMZ, BYTE,etc. those other altcoins will be worth something without BTC aswell. Not to mention ETHER, and RIPPLE.
I am sure that if Bitcoin would be gone, the Litecoin won't be the one to replace it. Litecoin is basically the same technology as Bitcoin, just a bit tweaked. Whatever would kill Bitcoin, would kill Litecoin as well.
Some of the above coins that you have posted have much better chance in replacing the Bitcoin, even though I don't see this happening either. They might complement each other but not replace it.
If one day bitcoin is gone I'm sure people would lose trust towards crypto currency as a whole. Besides at this point I really don't see an alternative coins will be worth taking over its place.
Thats bad because Litecoin can take over anytime, its almost a clone of bitcoin, so it would be easy to take over.
Plus by then we would have more experience with cryptocurrencies, so obviously any error that bitcoin had, would be corrected in the others.
Besides dont forget: NXT, NMC, PRC, GEMZ, BYTE,etc. those other altcoins will be worth something without BTC aswell. Not to mention ETHER, and RIPPLE.
If one day bitcoin is gone I'm sure people would lose trust towards crypto currency as a whole. Besides at this point I really don't see an alternative coins will be worth taking over its place.
the next big thing is $1000 price of bitcoins! and i think everybody hope like that..
returning to somethign which was already achieved can not be called the next big thing, 10k would be a better price entitled as "the next big thing" if you want to talk about this
True.
That milestone has already been reached so we need to set a higher price.
Who knows, maybe Willy 2.0 might pop up
the next big thing is $1000 price of bitcoins! and i think everybody hope like that..
returning to something which was already achieved can not be called the next big thing, 10k would be a better price entitled as "the next big thing" if you want to talk about this
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