Topic: Will there ever be another crypto boom similar to BTC in my lifetime? (Read 6701 times)
November 03, 2014, 02:09:09 PM
selling my genesis-mining account. 43MH scrypt for $12 per MH OBO, msg me please!
November 01, 2014, 07:53:32 PM
No, not in my lifetime I say.
Unless you are over 60, I would venture that you are wrong.
October 31, 2014, 09:51:15 PM
If bitcoin slumps back in the mud, there will be no crypto boom ever again.
October 30, 2014, 10:18:36 AM
No, not in my lifetime I say.
October 30, 2014, 07:57:57 AM
This is a good thing. It shows that gaming the system doesn't always work because there are always bigger fish than you. That's why Proof of Work doesn't need to be decentralized, it just needs to be competitive and vulnerable to outside incursions.
It depends how you see things.
Yes, the competition should make it stronger but I believe that the centralization make the network much weaker because it create a central point of attack or corruption.
Once 80% of the network is owned by one ASIC farm, you can take it down or bribe them.
October 30, 2014, 07:44:12 AM
This is a good thing. It shows that gaming the system doesn't always work because there are always bigger fish than you. That's why Proof of Work doesn't need to be decentralized, it just needs to be competitive and vulnerable to outside incursions.
It depends how you see things.
Yes, the competition should make it stronger but I believe that the centralization make the network much weaker because it create a central point of attack or corruption.
Once 80% of the network is owned by one ASIC farm, you can take it down or bribe them.
October 30, 2014, 05:35:54 AM
How would you suggest litecoin is fake? The transactions are posted in a public ledger... LTC Gear pays out each week. The address I receive my payments from holds over 14 Million LTC. I would suggest doing the proper research before you throw out ridiculous accusations.
I suggest volume is UTRA FUCKING fake. Yes.
364000 LTC per 24h on one exchange ? 12000000 per months ? come on...
Moreover, 99.9% of the mining of LTC is made my few giant ASIC farm owned by Litecoin devs, that's the reason they refused to change the algorithm.
That's pretty interesting, would like to know more about that, do have a spare link lying around? There was a huge debate about changing Litecoin algorithm.
Satoshi wanted Bitcoin to be mined by normal people on normal computers around the world and certainly not by giant ASIC mining company.
The reason Litecoin has been created was to be the cryptocurrency that Bitcoin was not any more : a crypto that you mine on your computer, a very decentralized network.
A group of people claimed that there were about to fork Litecoin to a new ASIC resistant algo.
The Litecoin devs themselves got crazy mad despite the fact that Litecoin is not owned by them and they had no right to stop them.
The forking Litecoin group got very active for a time and suddenly disappeared for no reason, leaving no official explanation.
We have proof (from users hashrate reported on some Litecoin pool) that some people were mining Litecoin with ASIC before the official release on the market.
The fact that Litecoin devs where so violently against protecting from ASIC industry show that they were probably big investors of ASIC hardware.
The forking group suggested that if the Litecoin network would be owned by ASIC industry, the original investors would be ruined and this is exactly what happened.
October 30, 2014, 05:02:01 AM
How would you suggest litecoin is fake? The transactions are posted in a public ledger... LTC Gear pays out each week. The address I receive my payments from holds over 14 Million LTC. I would suggest doing the proper research before you throw out ridiculous accusations.
I suggest volume is UTRA FUCKING fake. Yes.
364000 LTC per 24h on one exchange ? 12000000 per months ? come on...
Moreover, 99.9% of the mining of LTC is made my few giant ASIC farm owned by Litecoin devs, that's the reason they refused to change the algorithm.
That's pretty interesting, would like to know more about that, do have a spare link lying around? There was a huge debate about changing Litecoin algorithm.
Satoshi wanted Bitcoin to be mined by normal people on normal computers around the world and certainly not by giant ASIC mining company.
The reason Litecoin has been created was to be the cryptocurrency that Bitcoin was not any more : a crypto that you mine on your computer, a very decentralized network.
A group of people claimed that there were about to fork Litecoin to a new ASIC resistant algo.
The Litecoin devs themselves got crazy mad despite the fact that Litecoin is not owned by them and they had no right to stop them.
The forking Litecoin group got very active for a time and suddenly disappeared for no reason, leaving no official explanation.
We have proof (from users hashrate reported on some Litecoin pool) that some people were mining Litecoin with ASIC before the official release on the market.
The fact that Litecoin devs where so violently against protecting from ASIC industry show that they were probably big investors of ASIC hardware.
The forking group suggested that if the Litecoin network would be owned by ASIC industry, the original investors would be ruined and this is exactly what happened.
October 30, 2014, 04:40:55 AM
Litecoin will probably explode again because of the simple fact that you can still mine it. It's a good "middle class" coin.
Litecoin is weak as fck.
October 29, 2014, 10:12:36 PM
Moreover, 99.9% of the mining of LTC is made my few giant ASIC farm owned by Litecoin devs, that's the reason they refused to change the algorithm.
That's pretty interesting, would like to know more about that, do have a spare link lying around?
October 29, 2014, 10:06:30 AM
How would you suggest litecoin is fake? The transactions are posted in a public ledger... LTC Gear pays out each week. The address I receive my payments from holds over 14 Million LTC. I would suggest doing the proper research before you throw out ridiculous accusations.
October 29, 2014, 08:03:06 AM
If bitcoin will no deliver what we expect it to deliver then we need to wake up from this crypto dream.
October 29, 2014, 05:38:36 AM
Bitcoin can't die. Only the weak hands will.
Bitcoin cannot die today I agree but no one knows the future.
Weak hands always die first in any case.
Litecoin will probably explode again because of the simple fact that you can still mine it. It's a good "middle class" coin.
Litecoin is dead long ago.
The volume is absolutely fake.
Only someone retarded or extremely naive would believe those numbers :
http://www.cryptocoincharts.info/coins/show/ltc
OKCOIN + BTCCHINA = BULSHIT
Moreover, 99.9% of the mining of LTC is made my few giant ASIC farm owned by Litecoin devs, that's the reason they refused to change the algorithm.
October 29, 2014, 05:33:30 AM
Litecoin will probably explode again because of the simple fact that you can still mine it. It's a good "middle class" coin.
October 29, 2014, 04:44:04 AM
Bitcoin can't die. Only the weak hands will.
October 29, 2014, 03:37:07 AM
If BTC will fail, it will be very hard for people to trust again on alts.
On the contrary, the death of BTC would free the alt market.The fact that bitcoin has been so successful in such a short period is the reason why there is such a demand for the shitty altcoins
Give me one single example of a market that disappear/vanish when the leader goes bankrupt.
I love Bitcoin but it is nothing more than the actual leader of the market. When the leader die, the challengers take its place / eat its market.
October 28, 2014, 06:29:52 PM
If BTC will fail, it will be very hard for people to trust again on alts.
On the contrary, the death of BTC would free the alt market.
The fact that bitcoin has been so successful in such a short period is the reason why there is such a demand for the shitty altcoins
If Bitcoin dies the altmarket is DEAD. Bitcoin = crypto. Bitcoin dead = the dead of crypto. Simple ass that.
October 28, 2014, 05:39:35 PM
If BTC will fail, it will be very hard for people to trust again on alts.
On the contrary, the death of BTC would free the alt market.
The fact that bitcoin has been so successful in such a short period is the reason why there is such a demand for the shitty altcoins
October 28, 2014, 09:49:56 AM
I don't want to an hero, however making 1500$ a month from fast food and spending 1000$ on rent and living expenses whilst only taking away 500$ is a FUCKING JOKE. At this point I might even move to Alaska and die of a bee sting like that McCandless guy did.
It just sucks that an entire life is wasted for being a few years late, you know?
It just sucks that an entire life is wasted for being a few years late, you know?
Saving 500 USD per month for Bitcoin is absolutely fine.
800-1000 would be better but 500 is a good start.
If BTC will fail, it will be very hard for people to trust again on alts.
On the contrary, the death of BTC would free the alt market.
October 28, 2014, 09:33:45 AM
What makes you guys think Litecoin will explode again?
because untill now , no other altcoins can match lite.
or we can say lite is more famous than other alt and miner still like it.
but still , lite will not explode like before.
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