Bitcoin Forum

2018, IMO, will be the year of non-minables vs minables.

Currently the non-minables (and utility coins like ETH) are taking their lion's share of the market.

Do you agree with this assessment?

My major question is: Do you believe that the "new coins" (we all know exactly which these are) will take over the old coins?

(1) For instance, BCH (let's call it old since it is a BTC fork) 4th place is being beseiged by Cardano, XML, New Economy. They just killed LTC, which is dropping like a rock.

(2) DASH has been knocked down by those said coins^ and trampled over by TRX.

(3) Currently, XRP is going to assassinate the king, which is BTC. Will XRP succeed?


What will happen in your opinion? I personally have a pretty wide range of investments. No XRP though, that's for sure.

I don't think so, the distribution model of non-minable coins has never been good and nobody likes that. most of them are 100% unfair distributions which makes the coin even more centralized and the rest are unfair in the sense that some people get more of it. for example the way they distribute it to those who have more bitcoin! someone owning 10000BTC gets a lot of it and I with 0.001BTC get nothing.
in other words rich get richer.

ETH is minable!
and it has no utility apart from ICO scams...

they are getting pumped, there is a big difference. and how long do you think that lasts?

not necessarily. a coin is valuable if it has useful features.
BTC as the safest and as a currency
ETH as a hyped up platform where you can simply run an ICO and make a lot of money out of thin air for doing nothing
XMR as the anonymous coin that everyone knows and has real anonymity

these don't just go away because a new one came in. you can see how many anon coins are there or how many smart contract platforms that are so much better then ETH are out there but these don't go anywhere.


all the things you said are market capitalization shenanigans. these coins you mentioned are not going anywhere and coins like LTC and DASH have been pumped recently so it is not their turn to get pumped. after the XRPs and Cardanos and ... were done with their pumps they give their place to others to be pumped like them and the cycle continues.

DAGs still have a lot of catching up to do.

And Ripple? Pfui - Bad Dog! Go to your corner! Sit! And stay down.
See, doesn't help. Never the less, haven't touched Ripple and a sure as Public Key encryption am not starting now.
Whoever is behind the push certainly will have his moment of pull.

Seriously though. Imagine Ripple with the same Market-Cap as Bitcoin. Just imagine it. Who on the globe can look at it with straight face and say: well, it must be true since CMC says so.

Pardon, do not want. Just like I ain't touching Iota. No offense my dear coordinators. Sure I have Byteball (what informed Bitcoiner doesn't?)... Yet few users have played in depth with the wallet (link two of them) and uses it as free encryted chat-app. Its "there" already....

My hole point is true adoption. Even though Bitcoin Network is now as slow as traditional Banking and multiple times more expensive its biggest issue for me was lack of consensus how to deal with the increased demand. Chainsplits should not have happend.

Rayblock? Captcha for glory somehow doesn't inspire me as a good origion story....

I am not sure if any of altcoins can assassinate bitcoin but undoubtedly ripple is market is currently riding like horse, market capitalisation is very high and i can barely see ripple dominatinting all other altcoins according to trade volume. RIn fact, rpple coin's dominance will not affect bitcoin market but other altcoins may get decreased definitely if people move to ripple

Funny actually how everyone was predicting the death of ICO-spam. That ripple might play a role in potentially sucking their market dry blindsided me.

as of now i didnt see that other altcoins and tokens are affected to this issue.  all i can see that majority of alts/tokens are still increasing and pumping ever since last week and until today. however i think bitcoin is the only coin that is affected to this because as we see bitcoin drops hard lately but overall ripple has still nothing to do with bitcoin or any other major altcoins out there like etherium and bitcoincash because these coins were still the mainstream and have a real usage or purpose on both online or offline environment.

it is funny how each time the altcoin pumps are happening people start talking about some doomsday for bitcoin!

show me where these crypto currencies such as Cardano, XML, XRP, ETH, DASH, TRX,... can be used as a currency? (i am intentionally ignoring BCH because that is a difference beast with a million backs!). you can't because there aren't any.
the only usage for these are speculation inside exchanges. and each time they get pumped for a while and then forgotten for months at a time while others get pumped and rinse and repeat.

If you agree that cryptocurrency market is in a bubble, similar to dotcom, then it becomes clear why new, non-minable and utility coins are outperforming old PoW coins - investors are just speculating and dumping their money at whatever they think is cheap and will skyrocket in next month - no one really cares about fundamentals. about technology and decentralization, investors are just hoping for bigger fools. When altcoins were rallying in Q2 2017 you could have made profit (and I did) by buying random coins, because the whole market was bullish until it crashed. The similar thing is going on now, and at some point people will realize that those coins and tokens are useless, because developers haven't delivered any of their promises or the coin is heavily centralized, and the whole altcoin market will crash.

Ripple is at the moment insanely pumped, there are going to be a lot of butthurt suicidal Asians when the bubble bursts and someone dumps a few billions on them.

No one ever gonna take bitcoin's place, we can sure see the ranking of each coins on the marketcap but I think that is not really important because it is just an analysis regarding the rank of coins because of their current movements, we all know that bitcoin cash is just a trashy coin but it is still remains in the 4th position, there are not so many supporters for BCH, And I think that you can not make an assessment because a site had told you that a coin is now number 1 than bitcoin.

Yeah, I hope XRP bursts soon and rains down on the other coins. That would be nice. But who knows..?

I agree that 2018 will be the year of premined vs decentralized tokens, but I doubt that it is necessarily going to be a long battle. The premine pumps just started a few days ago, so it's still too early to tell how sustainable their growth is. My guess is... not so much. But I have a feeling that the peak is yet to come.



lol I know, right?! it's pretty much The Wolf of Wall Street meets Game of Thrones right now.

Never end =)))

Bitcoin got intrinsic value, 99% of the alt coins don't. No one knows how this will play out, but I'm betting on a correction soon enough.

I also have a very range of investment but not ripple and I keep on asking myself what is really happening. I think I will buy some unit of ripple after the next correction which is underway. Last month we have many speculation that bitcoin is the currency of the future and now we are saying that bitcoin will be kill by ripple or replace by ripple as a dominant coins.

Ripple is definitely way too pumped. People don't know that it's completely centralized lol, they see it on the altcoin markets and are like, well what could go wrong? They don't see that the creator can basically monitor everything; people aren't as safe as they are when they use bitcoin. All it takes is a couple of the big hitter investors to pull out of ripple and instantly it'll be gone. I don't think I'd complain though, because bitcoin would probably benefit from a ripple drop. I'm sure those who put their money in ripple would be willing to move back to BTC.

(My opinion)

BTC will rise soon :)

I don't think it's much to do with mining and more to do with coins dividing themselves into either money coins or utility coins. And the utility coins shouldn't really be regarded as coins either.

Ripple and buddies shouldn't even be in the crypto market, but that's very definitely utility. ETH's developers have said it shouldn't be treated as money, though that didn't stop people.

I can easily imagine a utility coin being worth more than BTC because there's a whole world out there with the demand for utility, perhaps more so than money of Bitcoin's qualities. Should we get uptight about this? Not really.

People will always find value in bitcoin no matter how awful the situation can get, so even if the price dropped heavily, people are still going to trade bitcoin hoping that someday it will recover and bounce back stronger. It doesn't matter if it's a coin that can be mined or not, as long as people find some uses for them, it will still be alive and will be traded by people. And as I can see it, some coins out there are overbought, and only time will tell whether these coins would continue rising (which I know for a fact won't) or be halted on its growth since people would already find other coins to toy with.

Mineable vs non-mineable coins?
it's not something like that obviously.
I'd rather to see it as utility vs non-utility coins.
Bitcoin will always be the king, xrp is just a coin which currently being pump and dump, you will see it crash in this month.
Ethereum has bigger potential than dash or litecoin, it will stand and settle for second best coin in the market despite the fact of ripple market cap is bigger than eth. On the other hand, xlm, xrp, cardano and trx are just gaining value in a short time, temporary coins to be traded.

One thing, Coinmarket Cap should not be taken seriously when it comes to cryptocurrency ranking.  We all know that the logic wanted it to relay is broken due to the fact that anyone can boost their place by simply making their token very huge and sell 1 token at a very high price.  Anyway.. new coins brings innovation and is a challenged to these old coins and I believe it is possible, there is no permanent in this world but changes.

I don't know about the pump and dump thing since banks are probably trying to gain public interest in XRP which is why they are pumping prices up. If they succeed and if people choose XRP for daily transactions rather than Bitcoin, it will be a game changer.

How do we know that the banks are the ones pumping XRP up? As far as I know there's no evidence that points directly at the banks, but it would make sense that they're trying to bring Ripple up. I'm assuming that you're making this claim because XRP is centralized while BTC is not, so the banks have more control if XRP were to become the daily driver for transactions. However, then in the sense of Op's original question, I think it's possible that we will see the centralized currencies (with the banks backing them) vs the decentralized ones (with individuals and investors backing them).

There is no way to prove anything, unless they themselves openly admit having bought heavily. However, Ripple might be pumped in an attempt to get Bitcoin to decrease due to the potential panic that comes with it.

To me it means nothing that Ripple is growing in market cap, but looking at how people react in the last days, they seem to find it worrying. They however don't yet know that Ripple has surpassed Bitcoin's market cap already.

Right now it's Ripple being worth $323 billion versus Bitcoin being worth $255 billion. People should learn to see how much available supply Ripple has, which is something Coinmarketcap doesn't show you initially.

I guess everybody seen this image now. Criminal banks and governments probably chose ripple and it could become the World currency in this year :/

(I am an btc holder since 2013)

Well it was aimed primarily at banks, and some pretty large ones use the Ripple platform. If banks were trying to undermine Bitcoin, then supporting (well I guess they already do to some extent) Ripple would probably be the cleanest way to do it. I still have no idea how Ripple is going through this tear, but the fact that the company behind it has the power to release more coins into the market is very off putting to me. They may even be able to create more, for all we know.

Either way, I don't think this run is sustainable, and it's going to slow down at some point. Bitcoin still has a comfortable lead, and I'm not at all worried, considering their differences.

Dude you can discuss your shitcoins in the section where this stuff belongs to.
Here is the Bitcoin section!
Why can't you altcoin fanboys respect the board rules and stop shilling here?!!
Boy this is getting ridiculous.

How can you determine that it will be the year of non-mineables vs mineables?
The way most of the investors think now is instead of buying those popular and well known coins to be high valued they'll put it to a cheaper altcoin that has a good progress and potential. But still I believe in oldies but goodies, they will not take over the old coins. You are looking for the taking over of each coin in the market cap and we can't deny those new coins are doing it great but I don't consider that thing, I'm still with those remain to be the greatest and well known for their stability.

That worth is entirely fictional, if you compare actual market volume Bitcoin wins easily. That's not to say that the Bitcoin price is any more "real" than the ripple price since they are both obviously created by current supply and demand, but BTC has far more support and trust if things go to shit which they inevitably will do when the next major correction or crash hits.

I assume OP extrapolates from the fact that most of the coins that were recently pumped are centrally issued currencies. There's definitely a trend towards releasing tokens via centralized entities, but we have yet to see whether community acceptance and thus price will increase in the long term

Oh no, bitcoin suddenly went nuts and go above $16,000 once more as coinmarketcap. Do you really think that bitcoin's dominance will just suddenly disappear? My God, Flippening didn't succeed, What are the chances of Rippening then? Nada. They have their 5 minutes of fame, its over guys. its price is suddenly going red for the first time while bitcoin is climbing back and sitting on its throne like a king. Ripple is centralized coin, if I'm not mistaken and I don't think that investors like you and me want to see someday that a coin which is centralized will reign as the no. 1 crypto. And its another altcoins, almost every altcoins now are being pump, specially last month. Everyone of them has its fair share of hugging the limelight for sometime before eventually going down before another altcoin is pump next, this tiime its Ripple turn, but long term I doubt that it can sustain its run. Today marks the end of it.

People should learn the difference between market cap and market share, which is something that even Roger Ver with his years of economical knowledge still don't know. He looks at the market cap dominance of Bitcoin and says that Bitcoin's market share has gone down to an absolute bottom, while he is spreading utter nonsense and false information. People don't understand that it's the actual ecosystem that matters, and the usage and network strength that comes with it. For a lot people it's just as simple as coin A has a higher price than coin B, so it's better. :D It just shows with how many empty headed chickens we have to deal with in this crypto space.

south korea was choosing ripple and then there was a very huge pump to the ripple, ripple was officially to be the bankers coin with centralized system but how so many people are still buying it right now.
For the world currency in this year and that looks possible for me. How ripple only gets a small correction while at the same time it pumps over 100 percent.

I think people are going to increase focus on receiving dividends.  Looking for POS coins they can stake in wallets and generate additional income.  I also think that people will look for values in coins they can create a node on.

Ripple is really a bad dog and I hope those who are looking for basically profit from ripple will end up finding what they are looking for. This is one coin I would not even bother myself about as it means nothing to the community and should not even be regarded as a cryptocurrency and I really want to see how long it keeps going before it gets what it deserves.

A lot of people have assumed a lot of moment in the past to be the end, I am sure they always get their questions answered eventually.

Wow! Litecoin has taken back many spots since my OP, and BTC is now back at good levels, and we will very likely be seeing another "wave" of big gains.

I guess to less experienced traders like me, it would seem (the past few weeks) that BTC was going to get taken over, but it looks like this is just a cycle that goes on regularly. At least that's what the more experienced people are saying.

I hope XRP hits sub-$2 in the future...

Lol. Yeah you may have based it from recent happenings and btc is now rearing it's head for probably another try at breaking 20k soon. Ripple may just be up there displacing etherium which has played second for a ling time but the old coins have strong support so they may be down but they definitelg aren't out

There's no such thing. Non minable coins are still not safe. There's no real replacement for Proof of Work. Proof of Stake, DAG, or any other method aren't to be trusted, I wouldn't put a big amount of net worth on these systems.

There's no way around needing huge amounts of work to secure data in a decentralized network so far, unfortunately.

And for those that still didn't realize yet: ETH is going PoS soon, I think this year, so you can count ETH as non PoW soon.

I'd disagree with your statement, I think more and more coins are competing for a fair share but I don't think the major coins will be toppled, much like dogs, every coin has its day but overall I see bitcoin and ETH remaining the true juggernauts of the crypto world.

Eth is mineable for your information.I don't know where did you get this idea or sayings but its just really normal for a certain crypto to overtake or surpass another one. We do know there are lots of coins in the market and positions wont really be permanent that's why its normal to see off a coin being aheaded by newer ones. It does really depend actually if community would support it. Talking about XRP to assassinate BTC, Its not possible and it wont still stand a chance.

I don't know why they are having such ideas like this even without giving some statement that can support with what they are thinking. Community's acceptance through this type of tokens are really making it's popularity as most of us just want to earn, pump and dump. And yes the trend about tokens released through centralized entities is becoming popular nowadays and investors doesn't know that they are supporting it, thinking the way I said before about earning.

Not sure how exactly you could say new coins will take over old coins. There are loads of new coins every week but obviously most of them won't take over old ones... i think you would have to assess new coin one by one as the tech / concept behind them are all different.

You are just seeing what you want to see, Ripple right now is crashing, why did you thought Ripple will rival bitcoin on market cap? We have threads like this every time something like it happens and Ripple was not even close to bitcoin, in my opinion you are making a storm in a glass of water, many of the coins you say are getting killed are still very solid.

That is what they want you think. Oh! Ripple is riding like a horse, checkout the market cap within just few weeks and the rate at which it is going, and probably it is going to be overtaking bitcoin. And what if it does, you think anybody cares about market cap with the real history or rather the essence at which ripple was created and all the devs are holding. I would rather buy trumpcoin than buying ripple.

No it's not. It's just the trend of bitcoin to go down then it will go up again. So don't worry.

Nothing will happen and let me start with XRP. Apparently, this is the time we have been waiting for that XRP will end up assassinating itself and not bitcoin. Who even cares, if they want to keep pumping up the market cap of ripple just to make it look relevant, it is just few times before it is going to end up getting relieved from the position (and that is if it ever will, which I do not see it coming).

Why people always asking for the end of bitcoin? It seems normal and we recently experienced this circumstances cause its always happened when the correction occur and no one can overtake bitcoin .indeed Despite of this scenario it will male a long jump for sure not now but there's a possibility.  And i believe on it

Especially since new coins bring nothing new to the table, after almost 10 years of existence people are slowly but surely running out of ideas of what to do with blockchain based projects, we have coins for almost anything you can imagine the only thing new coins can bring is more of the same or at best some small improvements over old coins that do not merit to adopt them.

I was not believe that this is the end because until now people are still believing in bitcoin, this coin and other crypto currency having good foundation in digital world. I think it is enough to says that bitcoin was not going to end, otherwise this crypto currency are more supporters so it is impossible to end even in the future.

Why are most of the new one's here arebin panic mode just because the price of bitcoin does not trend to increase again. In case you wondering about the price of bitcoin in the previous years was not comparable during the price boom this 2017 about how much it increase and improve so stop panicking and just wait and see.

Yes no need to panic in this phase that bitcoin drops so fast. I dont think others altcoin can be comparable to btc and will lead or be top than bitcoin. Still bitcoin is the best and it is not end, we can see a rising price on btc again.

Maybe it's their very first time of seeing bitcoin moving downward and real quick. What you can guys do is just compare the chart from last years to the current year. This scenario is the same on what happened last time and just don't panic bitcoin is still in good shape but I feel sorry for those people who bought at peak and for the first time experienced this big correction. Keep on HODLIN guys.

I'm not saying this is the end, especially for bitcoin which is the most solid project we have, but for icos and altcoins time is running out, they are running full speed against a wall, there are more than a thousand altcoins and most of them are useless so I think we may see in the future some kind of event that kills most altcoins and only those projects that are real will survive.

   Nothing new I will tell you, what ever creator of this thread assumes
his words means that maybe new beginning is coming, why not? Be smart
and sell Bitcoins and buy Dash, it is the choice we all can make, or not.
   It is the beginning, not the end. What ever is happening now can just
evolve into something much greater, why not, most of us here are get
use to all sort of miracles, be wise and predict some big changes and that
is how anyone of us can make some benefit.

New coins come and go but which have serious projects and the developers are serious about their project will only survive. About XRP assassinate the king BTC, which i think highly impossible but in life anything can happen.

We suggest that one way that we can benefit at a time when the right time so we should be able to withstand and will know the end of that journey bitcoin during this condition was uncertain and it is likely this will make the panic that occurred on the users then it, hopefully later this month on an increase in bitcoin.

Nope, I also do not agree that XRP would be the coin to take over the king - bitcoin. As far as I can see, XRP won't go pass $8 this year ,that is - if it didn't fissle out with the wind.

Ethereum has the tendencies, also Monero. They have good supply and usage too.

Oh my.. haha, you are crazy mate, this will probably happen if bitcoin get's drowned on the entire market, but that is not going to happen easily.

It will take some time until the non-mineables just take the place of those who are mineables.. and no, the mining will always exist, doesn't matter what.