BytchCoin is shite. Forget it.
Topic: Will ByteCoin confuse people about BitCoin - page 3. (Read 2414 times)
100% agree with OP. Bytecoin will confuse the hell out of newbies, and inevitably result in people getting scammed. It's not much better than mtgix in my view.
Bytecoin is vaporware, pay it no mind, this is a critical time for cryptocurrency, we should use our resources to help Bitcoin and Litecoin.
If you're going to introduce a new currency, at least make it something unique. If Bitcoin is gold, and Litecoin is silver, would be best to start one that is more like Rhodium (most expensive metal on Earth) by having there be less total coins making them more rare and difficult to generate.
New currencies are a good thing, overall they all take away from the eroding status quo, but they have have a purpose and there be a real reason for a divergence of Bitcoin. You can't just copy and paste Bitcoin's success by running a paralleled network.
Assuming that is this is actually real, which I don't think it is. Don't post below me and help Bytecoin go away.
If you're going to introduce a new currency, at least make it something unique. If Bitcoin is gold, and Litecoin is silver, would be best to start one that is more like Rhodium (most expensive metal on Earth) by having there be less total coins making them more rare and difficult to generate.
New currencies are a good thing, overall they all take away from the eroding status quo, but they have have a purpose and there be a real reason for a divergence of Bitcoin. You can't just copy and paste Bitcoin's success by running a paralleled network.
Assuming that is this is actually real, which I don't think it is. Don't post below me and help Bytecoin go away.
Really i feel the exact opposite, I think the fact that bytecoin is an exact copy of bitcoin is its big strength. I mean we know that bitcoin cant scale to the point necessary to facilitate even a fraction of all world trade so additional blockchains are an inevitability. And when deciding what sort of additional blockchains we should use why not just copy bitcoin, we know that bitcoin works and there is no need for a dedicated development team, we could simply leach off the bitcoin dev team.
dont get me wrong im all for great innovation in the field of cryptocurrency if anyone happens to have any great innovation laying around but the options we have out there now (ppc, trc, nvc) are not great innovations. If given the choice between a terracoin or a bitcoin2 ill take the bitcoin2.
Looking to buy bytecoins, have 1btc to spend on it. Gotta get out of this newbie section, will send first to a reputable Alt-Crypto Currency forum poster.
Look, a new thread about that scam 
Still beats Novacoin.
Look, a new thread about that scam
Bytecoin is vaporware, pay it no mind, this is a critical time for cryptocurrency, we should use our resources to help Bitcoin and Litecoin.
If you're going to introduce a new currency, at least make it something unique. If Bitcoin is gold, and Litecoin is silver, would be best to start one that is more like Rhodium (most expensive metal on Earth) by having there be less total coins making them more rare and difficult to generate.
New currencies are a good thing, overall they all take away from the eroding status quo, but they have have a purpose and there be a real reason for a divergence of Bitcoin. You can't just copy and paste Bitcoin's success by running a paralleled network.
Assuming that is this is actually real, which I don't think it is. Don't post below me and help Bytecoin go away.
If you're going to introduce a new currency, at least make it something unique. If Bitcoin is gold, and Litecoin is silver, would be best to start one that is more like Rhodium (most expensive metal on Earth) by having there be less total coins making them more rare and difficult to generate.
New currencies are a good thing, overall they all take away from the eroding status quo, but they have have a purpose and there be a real reason for a divergence of Bitcoin. You can't just copy and paste Bitcoin's success by running a paralleled network.
Assuming that is this is actually real, which I don't think it is. Don't post below me and help Bytecoin go away.
Yes they will. I wish the developer had named it the obvious bitcoin2 instead of bytecoin.
Seems like people who are do not know much about tech will get confused.
Bytecoin:
-no difference vs Bitcoin
-no development manpower
Just stop talking about Bytecoin and the coin will be forgotten soon
-no difference vs Bitcoin
-no development manpower
Just stop talking about Bytecoin and the coin will be forgotten soon
its a carbon copy of bitcoin so there is no development needed. Simply copy paste updates from the bitcoin devs. I think this is the big strength of bytecoin.
Bytecoin:
-no difference vs Bitcoin
-no development manpower
Just stop talking about Bytecoin and the coin will be forgotten soon
-no difference vs Bitcoin
-no development manpower
Just stop talking about Bytecoin and the coin will be forgotten soon
Too late.. the pizza was delivered!
Bytecoin:
-no difference vs Bitcoin
-no development manpower
Just stop talking about Bytecoin and the coin will be forgotten soon
-no difference vs Bitcoin
-no development manpower
Just stop talking about Bytecoin and the coin will be forgotten soon
Nobody's gonna mistake Bitcoin and Bytecoin. Anyone who falls for that old gag is bound to part with their money any other way.
Btw, anyone wanna buy some gald? It's this new shiny orangy-metal thing I found in my back yard, probably worth thousands.
Btw, anyone wanna buy some gald? It's this new shiny orangy-metal thing I found in my back yard, probably worth thousands.
I think we are headed down a slippery slope with ByteCoin. People are become confused and it will turn them off.
For starters all the topics should be pushed to the alternate currency topis and not had in the newbie or other Bitcoin topics. This is Bitcointalk.org, not Bytecointalk.org. I would go so far as to suggest a Bytecointalk.org be created. for now the alt currency is the place for that talk.
So why do I think its a slippery slope, the first time someone is tricked into buying a bytecoin for $100 only to find out they were scammed there will be an uproar. Mind you they should have educated them self, but people coming to this for the first time will not know the difference and it will confuse them. They may well turn away thinking it's too complex.
I'm not suggesting it not exist, or that Alt coins are bad. I think we needed to separate them from Bitcoin so it doesn't pull Bitcoin down while it tries to stand up.
For starters all the topics should be pushed to the alternate currency topis and not had in the newbie or other Bitcoin topics. This is Bitcointalk.org, not Bytecointalk.org. I would go so far as to suggest a Bytecointalk.org be created. for now the alt currency is the place for that talk.
So why do I think its a slippery slope, the first time someone is tricked into buying a bytecoin for $100 only to find out they were scammed there will be an uproar. Mind you they should have educated them self, but people coming to this for the first time will not know the difference and it will confuse them. They may well turn away thinking it's too complex.
I'm not suggesting it not exist, or that Alt coins are bad. I think we needed to separate them from Bitcoin so it doesn't pull Bitcoin down while it tries to stand up.
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