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Title: New Video: What Cryptos Need For Mass Adoption Post by: Marc De Mesel on September 12, 2016, 11:54:08 AM Posted link in main bitcoin thread but talk also a lot about different altcoins:
https://bitcointalk.org/index.php?topic=1614787.0 Title: Re: New Video: What Cryptos Need For Mass Adoption Post by: spartak_t on September 12, 2016, 12:37:22 PM What's there to like about Auroracoin? Haven't watched the entire video, because it sounds like 20+ minutes of your personal thoughts and (no offense) I feel no need to watch it all.
Title: Re: New Video: What Cryptos Need For Mass Adoption Post by: Marc De Mesel on September 12, 2016, 12:42:07 PM What's there to like about Auroracoin? Haven't watched the entire video, because it sounds like 20+ minutes of your personal thoughts and (no offense) I feel no need to watch it all. I think Auroracoin showed us that currencies that distribute free samples to lots of people in a verified way, and try to grab a certain community like a nation in this case (Iceland), may be a big hit. Title: Re: New Video: What Cryptos Need For Mass Adoption Post by: spartak_t on September 12, 2016, 12:48:06 PM What's there to like about Auroracoin? Haven't watched the entire video, because it sounds like 20+ minutes of your personal thoughts and (no offense) I feel no need to watch it all. I think Auroracoin showed us that currencies that distribute free samples to lots of people in a verified way, and try to grab a certain community like a nation in this case (Iceland), may be a big hit. A big hit to who? To those who created them? :) You do realize that AUR was the first $1Bn market cap (since you are often referring to market caps) and lost like 5000% of its value in a month? Title: Re: New Video: What Cryptos Need For Mass Adoption Post by: Marc De Mesel on September 12, 2016, 01:37:36 PM What's there to like about Auroracoin? Haven't watched the entire video, because it sounds like 20+ minutes of your personal thoughts and (no offense) I feel no need to watch it all. I think Auroracoin showed us that currencies that distribute free samples to lots of people in a verified way, and try to grab a certain community like a nation in this case (Iceland), may be a big hit. A big hit to who? To those who created them? :) You do realize that AUR was the first $1Bn market cap (since you are often referring to market caps) and lost like 5000% of its value in a month? Yes I do, I don't know why it became a total bust later on, I'm only analyzing why it was a big hit when it entered the crypto scene, often there are good reasons for it, and I think there were here as well. Title: Re: New Video: What Cryptos Need For Mass Adoption Post by: BTCwriter on September 12, 2016, 01:57:23 PM What's there to like about Auroracoin? Haven't watched the entire video, because it sounds like 20+ minutes of your personal thoughts and (no offense) I feel no need to watch it all. I think Auroracoin showed us that currencies that distribute free samples to lots of people in a verified way, and try to grab a certain community like a nation in this case (Iceland), may be a big hit. A big hit to who? To those who created them? :) You do realize that AUR was the first $1Bn market cap (since you are often referring to market caps) and lost like 5000% of its value in a month? Yes, it was a HUGE hit, instant millionaires to those who created them. Title: Re: New Video: What Cryptos Need For Mass Adoption Post by: bitcoincar on September 12, 2016, 06:30:37 PM What's there to like about Auroracoin? Haven't watched the entire video, because it sounds like 20+ minutes of your personal thoughts and (no offense) I feel no need to watch it all. I think Auroracoin showed us that currencies that distribute free samples to lots of people in a verified way, and try to grab a certain community like a nation in this case (Iceland), may be a big hit. Thats part of the distribution plan for Postbase, a portion of the coins are allocated to be given out in small amounts to users of other social platforms. I think it's a good strategy to bring in a large number of new users. Title: Re: New Video: What Cryptos Need For Mass Adoption Post by: spartak_t on September 12, 2016, 06:54:02 PM Yes I do, I don't know why it became a total bust later on, I'm only analyzing why it was a big hit when it entered the crypto scene, often there are good reasons for it, and I think there were here as well. It was a big hit, because it was the first "country's cryptocurrency". But their model of "mass adoption" was far from perfect (or to be given as an example). Title: Re: New Video: What Cryptos Need For Mass Adoption Post by: Marc De Mesel on September 14, 2016, 08:28:29 AM Thats part of the distribution plan for Postbase, a portion of the coins are allocated to be given out in small amounts to users of other social platforms. I think it's a good strategy to bring in a large number of new users. Good idea mate! :) Title: Re: New Video: What Cryptos Need For Mass Adoption Post by: royalfestus on September 14, 2016, 09:30:51 AM Posted link in main bitcoin thread but talk also a lot about different altcoins: i need a vlog on bitcoin that be recommended to learn fast. bitcoin is a vast field and need to engage a video blog on news, lastest alt coin, trading etc.https://bitcointalk.org/index.php?topic=1614787.0 Title: Re: New Video: What Cryptos Need For Mass Adoption Post by: bbc.reporter on September 14, 2016, 10:30:41 AM What's there to like about Auroracoin? Haven't watched the entire video, because it sounds like 20+ minutes of your personal thoughts and (no offense) I feel no need to watch it all. I think Auroracoin showed us that currencies that distribute free samples to lots of people in a verified way, and try to grab a certain community like a nation in this case (Iceland), may be a big hit. It has proven the opposite. Auroracoin is not a big hit and it is proven that these giveaways can be gamed and cheated with or without the development team's involvement. The only coins that has proven to have "value" are POW coins. The best example of this will always be bitcoin. Title: Re: New Video: What Cryptos Need For Mass Adoption Post by: Marc De Mesel on September 14, 2016, 10:52:23 AM What's there to like about Auroracoin? Haven't watched the entire video, because it sounds like 20+ minutes of your personal thoughts and (no offense) I feel no need to watch it all. I think Auroracoin showed us that currencies that distribute free samples to lots of people in a verified way, and try to grab a certain community like a nation in this case (Iceland), may be a big hit. It has proven the opposite. Auroracoin is not a big hit and it is proven that these giveaways can be gamed and cheated with or without the development team's involvement. The only coins that has proven to have "value" are POW coins. The best example of this will always be bitcoin. Open your eyes to see many POS coins in the top 30, sure Bitcoin and POW valued much higher but they are losing market share steadily. But agree that giveaways and free samples can be gamed and cheated. It's a challenge how to get that right so that the currency profits overall instead of losses. Innovations on that front however, is the opportunity today. A much bigger one than sticking with Bitcoin, I think. Network effect is overrated in digital currencies that are exchanged with a mouse click. Title: Re: New Video: What Cryptos Need For Mass Adoption Post by: spartak_t on September 14, 2016, 10:59:42 AM PoS is much better than PoW, but it has problems with centralization and inflation (if PoS % is high).
P.S. EDIT: Though I wouldn't say that centralization is a real problem, because decentralization is a dream. ;) |