Bitcoin Forum

Other => Beginners & Help => Topic started by: BitClad on February 26, 2013, 11:45:52 PM



Title: Newbies & Newbie Currencies
Post by: BitClad on February 26, 2013, 11:45:52 PM
What currencies do you think have the best chance of succeeding (not including Bitcoin)? Do you own any of them? Are any of them a threat to Bitcoin?


Title: Re: Newbies & Newbie Currencies
Post by: press on February 27, 2013, 12:01:14 AM
Gold?


Title: Re: Newbies & Newbie Currencies
Post by: nobbynobbynoob on February 27, 2013, 12:02:16 AM
Litecoin and maybe Ripple, though they can complement Bitcoin rather than threaten it.


Title: Re: Newbies & Newbie Currencies
Post by: ShireSilver on February 27, 2013, 12:17:05 AM
Oh how I wish Shire Silver (http://shiresilver.com) could pose a threat to bitcoin :P but actually it does seem to complement it well.

I see ripple as a way to add flexibility to the basic bitcoin economy, expanding and subtracting supply through self-clearing debt mechanisms mostly used in a B2B fashion.

IMHO for a new currency to successfully compete against bitcoin on its own territory it would have to have recurring payments as well as significantly faster (as in seconds) confirmations.


Title: Re: Newbies & Newbie Currencies
Post by: brezle on February 27, 2013, 02:11:11 AM
Litecoin, Terracoin and may Ripple.

Sometimes I'm mining LTC with my CPU, lol :/
Hope it pays out later.


Title: Re: Newbies & Newbie Currencies
Post by: Korbman on February 27, 2013, 02:29:59 AM
Hope it pays out later.

This has been everyone's argument for every virtual currency..even when Bitcoin when it first started (for some people). However, Bitcoin has grown substantially over the past 4 years...and no other altcoin has anywhere near the same usefulness as Bitcoin thus far.

Ask yourself how Bitcoin gained value (think Silk Road, mass publicity, "amazing never-before-done currency", etc). Do you think altcoins will be able to gain the same ground outside this community?


Title: Re: Newbies & Newbie Currencies
Post by: Marvalo on February 27, 2013, 07:13:46 AM
Thanks for linking Shiresilver, that's actually pretty interesting.  Not to hijack the thread.

I really think the "wowing" factor is gone when it comes to virtual currencies.  BTC has broken doors and come a long way... I really don't see anything else coming anywhere close.


Title: Re: Newbies & Newbie Currencies
Post by: sagiseiko on February 27, 2013, 01:19:52 PM
What currencies do you think have the best chance of succeeding (not including Bitcoin)? Do you own any of them? Are any of them a threat to Bitcoin?

It is a very difficult question to answer. You would need to define 'success'. This can be done in a variety of ways. Common measures for success are how widespread the adoption rate is, long-term stability, public awareness, legality, general image, etc. When in the early 2000s Second Life emerged as a social phenomenon, many tech-savvy people were aware that products in SL could be bought using Linden Dollars. However, LD did not widely evolve as a currency beyond the game it was designed for. On a public awareness scale it was a success, but based on the acceptance rate, not so much.

Over the years I have seen quite a few alternative currencies come and go. I like to think of myself as a numismatist of the modern age.   :)


Title: Re: Newbies & Newbie Currencies
Post by: Walter Rothbard on February 27, 2013, 02:33:11 PM
What currencies do you think have the best chance of succeeding (not including Bitcoin)? Do you own any of them? Are any of them a threat to Bitcoin?

Terracoin.  I don't think it's a "threat" to bitcoin.  I think they complement each other.  And I think it's a great alternate currency for a newbie to get started in and play around with.

Get a TRC address and post it here, and I'll send you 5 TRC.


Title: Re: Newbies & Newbie Currencies
Post by: ShireSilver on February 27, 2013, 04:15:46 PM
Would it be too much to lock in a 1 gram silver purchase in this thread. I'll trade 0.08 BTC for one of your 1 gram silver cards. We PM over detail and the shipping address then you post a receiving address here before I send.

Why not just use the website? 0.08btc is a good price for the card, but shipping is around $3 for domestic U.S. as I always use tracking and ship as a package and not a letter. The website automatically calculates international shipping as well.


Title: Re: Newbies & Newbie Currencies
Post by: gaazje on February 27, 2013, 06:52:07 PM
I think Bitcoin will stay in the lead..but there are plenty more options
https://bitcointalk.org/index.php?topic=134179.0


Title: Re: Newbies & Newbie Currencies
Post by: UncleBuckRIU on February 27, 2013, 07:36:15 PM
I made a raffle thread, FREEEEEE bitcoins, hurry!!!! :)

https://bitcointalk.org/index.php?topic=147397.msg1564833#msg1564833


Title: Re: Newbies & Newbie Currencies
Post by: BBQKorv on February 27, 2013, 10:10:14 PM
Bitcoin will stay on the lead, but maybe those alternatives get more speed when ASICs rule gpu's out of BTC.


Title: Re: Newbies & Newbie Currencies
Post by: kha0S on February 27, 2013, 10:30:34 PM
I've created my first pool.

http://nvc.khore.org/