Topic: Why all those new coins are no threat at all! (Read 1570 times)
I think one advantage of Alt coins are that they normally come up with some innovative ideas, for instance Beercoins, etc. Litecoin was also derived from a need to go back to CPU mining. Therefore they do not have a threat at all to Bitcoin but instead helps test out the ideas which may be able to be incorporated into Bitcoin later. Other than the need for innovation, I feel that too many of alt coins will simply confuse the newbie users and also taking a bit of hashing power from Bitcoin.
They arent a threat, but they divert money from Bitcoin.
No they don't, the alt coins generally don't get paid for with anything other than BTC which is not a diversion.
Solidcoin refurbished for a new pump and dump. How cute.
It's been what a year still waiting.
New altcoins are going to have a real challenge on their hands. The bar is being raised and altcoins will find it extremely difficult to make it to a decent exchange from here on out.
I see less and less attention being paid on an increasing number of new releases. Yesterday, big-time miners would mine everything new and dump or hold. Tomorrow, a lot of these same miners won't even bother to mine most new releases due to being burnt several times in a row. Altcoin evolution is at level 2.
I see less and less attention being paid on an increasing number of new releases. Yesterday, big-time miners would mine everything new and dump or hold. Tomorrow, a lot of these same miners won't even bother to mine most new releases due to being burnt several times in a row. Altcoin evolution is at level 2.
At least FTC was smart enough to learn form their mistake of copying LTC.
And look how well that's doing. These alts don't have a chance, or a purpose.
They arent a threat, but they divert money from Bitcoin.
WDC - best growing community - with lots of the current community promoting and developing coin services - big things happening soon herer.. -FAST
DGC - very good deveoper support - community a bit smaller - although its slower coin production makes it a perfect coin for daytraders for big pump n dump operations -FAST
GLD - The rumours have plagued this coin -premined, trojans in wallets - forum shows some activity - But does'nt seem it is getting the level of development the above coins are getting..
PHX - Not sure on this one.. the currently designed casinos and things looks amazing - developer has some talent. But I think a lack of being early on exchange means less people are likely to get invested in the coin, meaning slower community growth - coin could be a dark horse
other new coins = crash and burn -
MC2 - I think this coin could take off - new features - and time taken to develop it is always a good sign..
my 2c
If WDC or DGC end up on BTC-e they will do ok. The others don't have a chance without a redesign.DGC - very good deveoper support - community a bit smaller - although its slower coin production makes it a perfect coin for daytraders for big pump n dump operations -FAST
GLD - The rumours have plagued this coin -premined, trojans in wallets - forum shows some activity - But does'nt seem it is getting the level of development the above coins are getting..
PHX - Not sure on this one.. the currently designed casinos and things looks amazing - developer has some talent. But I think a lack of being early on exchange means less people are likely to get invested in the coin, meaning slower community growth - coin could be a dark horse
other new coins = crash and burn -
MC2 - I think this coin could take off - new features - and time taken to develop it is always a good sign..
my 2c
It seems any coin that can't make it onto BTC-e gets dumped very quickly, and even the alts on BTC-e go though bad cycles.
WDC - best growing community - with lots of the current community promoting and developing coin services - big things happening soon herer.. -FAST
DGC - very good deveoper support - community a bit smaller - although its slower coin production makes it a perfect coin for daytraders for big pump n dump operations -FAST
GLD - The rumours have plagued this coin -premined, trojans in wallets - forum shows some activity - But does'nt seem it is getting the level of development the above coins are getting..
PHX - Not sure on this one.. the currently designed casinos and things looks amazing - developer has some talent. But I think a lack of being early on exchange means less people are likely to get invested in the coin, meaning slower community growth - coin could be a dark horse
other new coins = crash and burn -
MC2 - I think this coin could take off - new features - and time taken to develop it is always a good sign..
my 2c
DGC - very good deveoper support - community a bit smaller - although its slower coin production makes it a perfect coin for daytraders for big pump n dump operations -FAST
GLD - The rumours have plagued this coin -premined, trojans in wallets - forum shows some activity - But does'nt seem it is getting the level of development the above coins are getting..
PHX - Not sure on this one.. the currently designed casinos and things looks amazing - developer has some talent. But I think a lack of being early on exchange means less people are likely to get invested in the coin, meaning slower community growth - coin could be a dark horse
other new coins = crash and burn -
MC2 - I think this coin could take off - new features - and time taken to develop it is always a good sign..
my 2c
Have a feeling that your opinion about something discussed in previous 3000 threads is worth openinf another one - CHECK
Make a smart thread title - CHECK
Talk about shit coins - CHECK
Talk about those you hold as proper ones - CHECK
usual day on alt forums
Make a smart thread title - CHECK
Talk about shit coins - CHECK
Talk about those you hold as proper ones - CHECK
usual day on alt forums
What coins do you hold and why do you hold them? What's their strength?
Not your business, maybe even some of your loved ones
That's not the point, point is that there is 237 threads like this opened daily with random people trying to enrich us with their views and sympathies or opposite of that toward some coin(s). People built and marketed Facebook and Twitter for such stuff. This is forum, unfortunately awfully moderated one so it gets flooded with threads tt talk about same subject.
Why the fuck people feel that we need their opinions about coins in new thread while there are 200 blocks of such threads already?
- strong coins with support by community and/or developers behind it, like LTC, WDC, PXC (!) and FTC, will survive anyway
GLDCoin is stronger than WDC & PXC.
GLD and PXC have the same block re-target flaw, they are both ill conceived.
I won't mine either. At least FTC was smart enough to learn form their mistake of copying LTC.
they never seem to leave the pages of this forum....
I have trouble finding someone who heard of bitcoin let alone the dozens of alts
I have trouble finding someone who heard of bitcoin let alone the dozens of alts
Pretty much every coin that listed on Cryptsy gets dumped. People just don't have the BTC to keep buying some of every coin that comes along. The plethora of alt coins has saturated the market, and people are moving back to the older more stable coins. The alt wars are coming to an end I think. I am not going to mine coins that can't hold their price.
- strong coins with support by community and/or developers behind it, like LTC, WDC, PXC (!) and FTC, will survive anyway
GLDCoin is stronger than WDC & PXC.
That's a start
Why is it stronger?
- strong coins with support by community and/or developers behind it, like LTC, WDC, PXC (!) and FTC, will survive anyway
GLDCoin is stronger than WDC & PXC.
- strong coins with support by community and/or developers behind it, like LTC, WDC, PXC (!) and FTC, will survive anyway
GLDCoin is stronger than WDC & PXC.
After some time, something like 3-5 coins are gonna be standing. BTC will be one of them, but who will be the other ones....?
LTC, PPC, NetCoin (MC2)
Namecoin has a lot of potential, just needs a little more infrastructure. It has the potential to revolutionize the DNS system.
Have a feeling that your opinion about something discussed in previous 3000 threads is worth openinf another one - CHECK
Make a smart thread title - CHECK
Talk about shit coins - CHECK
Talk about those you hold as proper ones - CHECK
usual day on alt forums
Make a smart thread title - CHECK
Talk about shit coins - CHECK
Talk about those you hold as proper ones - CHECK
usual day on alt forums
What coins do you hold and why do you hold them? What's their strength?
Have a feeling that your opinion about something discussed in previous 3000 threads is worth openinf another one - CHECK
Make a smart thread title - CHECK
Talk about shit coins - CHECK
Talk about those you hold as proper ones - CHECK
usual day on alt forums
Make a smart thread title - CHECK
Talk about shit coins - CHECK
Talk about those you hold as proper ones - CHECK
usual day on alt forums
After some time, something like 3-5 coins are gonna be standing. BTC will be one of them, but who will be the other ones....?
LTC, PPC, NetCoin (MC2)
After some time, something like 3-5 coins are gonna be standing. BTC will be one of them, but who will be the other ones....?
LTC, PPC, NetCoin (MC2)
After some time, something like 3-5 coins are gonna be standing. BTC will be one of them, but who will be the other ones....?
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