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Title: I present to you, my thesis on the future of altcoins. Post by: BazkieBumpercar on May 30, 2013, 03:07:15 AM Recently, I've done a lot of research on altcoin announcements, appearing on this subforum.
Though the number of coins being announced seems to be strong, their popularity clearly is in decline. The formula I came up with after weeks of research is this: for time >= ~june 2013, Popularity(time) = ((2561 / 153.52) * 891.97 + (3.5801 * pi)) * t * 0.0 Creative extrapolation using this formula gives us my prediction on the future amount of random coins being announced: https://i.imgur.com/K87AICa.png We can rest safely, as the craze will be over soon :) Title: Re: I present to you, my thesis on the future of altcoins. Post by: daytrader420 on May 30, 2013, 03:12:38 AM Lmao, I enjoyed this one. Thanks.
Title: Re: I present to you, my thesis on the future of altcoins. Post by: kimosan on May 30, 2013, 03:14:30 AM No words. :-X
Title: Re: I present to you, my thesis on the future of altcoins. Post by: worldinacoin on May 30, 2013, 03:14:40 AM Funny :) , but frankly speaking Litecoin seems to be doing fine. The rest I guess.....
Title: Re: I present to you, my thesis on the future of altcoins. Post by: Coinbrah on May 30, 2013, 03:15:28 AM 10/10 Would mortgage house on said data.
Title: Re: I present to you, my thesis on the future of altcoins. Post by: BazkieBumpercar on May 30, 2013, 03:17:53 AM Funny :) , but frankly speaking Litecoin seems to be doing fine. The rest I guess..... I agree, there's a few coins that are doing well; the 'classics', like litecoin, and some new ones, like WDC/DGC/Phenix(i'm in doubt here)/maybe some I forget..But most of those deliver something new (fast times/proper retargets/nice launches/great communities) while the most just bring CRAP (mindless clones of previous new coins/premined shit/stupid names + logo's) purely meant for enriching the dev. Not that I really mind, it's kinda funny to see the sixtillionth crapcoin being released, and to see some actually start mining it :D Title: Re: I present to you, my thesis on the future of altcoins. Post by: Phinnaeus Gage on May 30, 2013, 03:19:41 AM Funny :) , but frankly speaking Litecoin seems to be doing fine. The rest I guess..... I agree, there's a few coins that are doing well; the 'classics', like litecoin, and some new ones, like WDC/DGC/Phenix(i'm in doubt here)/maybe some I forget..But most of those deliver something new (fast times/proper retargets/nice launches/great communities) while the most just bring CRAP (mindless clones of previous new coins/premined shit/stupid names + logo's) purely meant for enriching the dev. Hence, Abstract Coin to the rescue. Title: Re: I present to you, my thesis on the future of altcoins. Post by: BazkieBumpercar on May 30, 2013, 03:20:40 AM Funny :) , but frankly speaking Litecoin seems to be doing fine. The rest I guess..... I agree, there's a few coins that are doing well; the 'classics', like litecoin, and some new ones, like WDC/DGC/Phenix(i'm in doubt here)/maybe some I forget..But most of those deliver something new (fast times/proper retargets/nice launches/great communities) while the most just bring CRAP (mindless clones of previous new coins/premined shit/stupid names + logo's) purely meant for enriching the dev. Hence, Abstract Coin to the rescue. Title: Re: I present to you, my thesis on the future of altcoins. Post by: anderl on May 30, 2013, 03:21:53 AM Funny :) , but frankly speaking Litecoin seems to be doing fine. The rest I guess..... I agree, there's a few coins that are doing well; the 'classics', like litecoin, and some new ones, like WDC/DGC/Phenix(i'm in doubt here)/maybe some I forget..But most of these either bring something new (fast times/proper retargets/nice launches/great communities) while the most just bring CRAP (mindless clones of previous new coins/premined shit/stupid names + logo's) purely meant for enriching the dev. I agree in that WDC/DGC were good in their implementation. Not exact clones but still just tweaks of existing coin models. I don't want coin development to die but I'd like to see this garbage coin process sped up so we can get through it and on to the next generation of coins ones that have significant development done. I hope that people are starting to get sick of them. Well by them I do not mean A B and C coins. those are truly unique products in this market place. Title: Re: I present to you, my thesis on the future of altcoins. Post by: BazkieBumpercar on May 30, 2013, 03:23:25 AM (..) Well by them I do not mean A B and C coins. those are truly unique products in this market place. +1 I giggled :pTitle: Re: I present to you, my thesis on the future of altcoins. Post by: Fuserleer on May 30, 2013, 03:25:34 AM wicked graphic and research!
I'm waiting for the last coin on your chart, I think momma's ass coin will be the winner! |
