Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Speaker on December 30, 2013, 02:13:17 AM



Title: Will any alt coin reach 1000$?
Post by: Speaker on December 30, 2013, 02:13:17 AM
Just argue here why any other coin would ever reach the heights of BTC.

Don't give me LTC, NMC, or PPC though because those are clearly gonna do it later on down the line.


Title: Re: Will any alt coin reach 1000$?
Post by: ChekaZ on December 30, 2013, 02:14:21 AM
#FTC


Title: Re: Will any alt coin reach 1000$?
Post by: Speaker on December 30, 2013, 02:14:57 AM
#FTC

No. FTC will never make it out of the hole its in.


Title: Re: Will any alt coin reach 1000$?
Post by: cryptohunter on December 30, 2013, 02:15:59 AM
not if we get a million new alt clone copy and paste crap everyday. New coins without innovation should be left to die.


Title: Re: Will any alt coin reach 1000$?
Post by: ChekaZ on December 30, 2013, 02:17:28 AM
#FTC

No. FTC will never make it out of the hole its in.

Gonna remind you onto that in a few months :)


Title: Re: Will any alt coin reach 1000$?
Post by: Bitcoin! on December 30, 2013, 02:20:08 AM
Well i take that bet any day against fiat!
Chrypto is the future whether you like it or not!


Title: Re: Will any alt coin reach 1000$?
Post by: FreePls on December 30, 2013, 02:20:17 AM
swagcoin for sure i think :D


Title: Re: Will any alt coin reach 1000$?
Post by: Real1Guy on December 30, 2013, 02:22:29 AM
donate 1 ltc here LM8amKkHafkcZ1kU4m1buvKk5eZUTw7qr9
and i will tell you 2 alt coin besides ltc,ftc,nvc,nmc who will reach 500$


Title: Re: Will any alt coin reach 1000$?
Post by: unkn0wnPlayer on December 30, 2013, 02:23:21 AM
I highly doubt it but they're fun to play with.

Beyond BTC & LTC I've been focusing on FTC, QRK, DOGE.


Title: Re: Will any alt coin reach 1000$?
Post by: nSuper on December 30, 2013, 02:29:08 AM
I doubt it. If any did though it would probably be digitalcoin, but it won't happen unless prices become independent of bitcoin I think.


Title: Re: Will any alt coin reach 1000$?
Post by: FreePls on December 30, 2013, 02:33:33 AM
donate 1 ltc here LM8amKkHafkcZ1kU4m1buvKk5eZUTw7qr9
and i will tell you 2 alt coin besides ltc,ftc,nvc,nmc who will reach 500$

why wasting 1 ltc,  now we already know that FTC will grow insane.. and that should be enough info to get a millionair ;D


Title: Re: Will any alt coin reach 1000$?
Post by: ChekaZ on December 30, 2013, 02:34:47 AM
I highly doubt it but they're fun to play with.

Beyond BTC & LTC I've been focusing on FTC, QRK, DOGE.

now Iam ok with your answer :D


Title: Re: Will any alt coin reach 1000$?
Post by: singula on December 30, 2013, 02:40:09 AM
Rise to the value over $1000? Sure, considering how USA manages its debt and how fast are they printing more and more money - few years at most for first alt coin to reach that :).

Rise to the value of 1 BTC = 1 ALT coin? That won't be hard, just create new at least somewhat decent coin with 100 coins total and reward like 0.001 of coin per block. Once market cap of that coin reaches over 100 BTC (dogecoin has about 10K BTC now), you have achieved the goal :)

But for any current alt coin to surpass BTC in terms of market cap and trade volumes? Highly unlikely, though theoretically possible.


Title: Re: Will any alt coin reach 1000$?
Post by: Real1Guy on December 30, 2013, 02:42:21 AM
donate 1 ltc here LM8amKkHafkcZ1kU4m1buvKk5eZUTw7qr9
and i will tell you 2 alt coin besides ltc,ftc,nvc,nmc who will reach 500$

why wasting 1 ltc,  now we already know that FTC will grow insane.. and that should be enough info to get a millionair ;D

ftc is old story.. i know 2 alt's, still young... but the price is 1 ltc


Title: Re: Will any alt coin reach 1000$?
Post by: Speaker on December 30, 2013, 02:43:33 AM
donate 1 ltc here LM8amKkHafkcZ1kU4m1buvKk5eZUTw7qr9
and i will tell you 2 alt coin besides ltc,ftc,nvc,nmc who will reach 500$

why wasting 1 ltc,  now we already know that FTC will grow insane.. and that should be enough info to get a millionair ;D

ftc is old story.. i know 2 alt's, still young... but the price is 1 ltc

lol no. Don't try to scam in my thread, thanks.


Title: Re: Will any alt coin reach 1000$?
Post by: Cryddit on December 30, 2013, 02:57:23 AM
I'm someone who still believes in things being superior on merits eventually winning. 

An altcoin will overtake bitcoin (eventually) if an altcoin is superior in a few crucial ways:

1) price stability
2) flatter distribution -- there's a lot of distrust of early miners who have gigantic amounts of coins.
3) dispelling fears about coins whose keys may or may not be lost (and the potential impact on markets if they are suddenly for sale)
4) Better Dev Team (speed and quality)
5) Faster transaction confirmation
6) Cheaper transaction processing
7) Better Scalability
8) New Functionality
9) Better Privacy
10) Cooler interface
11) Better Security (integration with dedicated security devices like fingerprint readers or hardware wallets?)
12) Better Fiscal/Economic planning/insight.
13) A hard exchange promise for another fungible commodity such as the one BeerCoin attempted. 

I mean, if someone does any three and makes a good case for them, and then is just there working on it day after day for a few years making it work and continuing it, and I think a new alt could overtake Bitcoin.

Now, whether you can make a living wage doing that, or even avoid bankruptcy if you invest too much in it, is another exercise all together.


Title: Re: Will any alt coin reach 1000$?
Post by: Goal on December 30, 2013, 03:12:55 AM
Digital Coin, World Coin, Secure Coin, Data Coin,  Earth Coin, are my Top 5 coins


Title: Re: Will any alt coin reach 1000$?
Post by: Del137 on December 30, 2013, 03:15:11 AM
EAC Earthcoins (less, cause more coins) and for sure QQ (quickcoins) has more chances to hit 1k$ in a year if they @shoot@


Title: Re: Will any alt coin reach 1000$?
Post by: ChekaZ on December 30, 2013, 03:15:58 AM
EAC (Earthcoins) less and QQ (quickcoins) cmore chances to hit 1k$ in a year

 ::)

If Earthcoin hits 1k Iam going to buy my own spaceshuttle :b


Title: Re: Will any alt coin reach 1000$?
Post by: Goal on December 30, 2013, 03:16:44 AM
QuickCoin is a joke


Title: Re: Will any alt coin reach 1000$?
Post by: covshark on December 30, 2013, 03:17:24 AM
RPC

Ron Paul Coin is the Future!


Title: Re: Will any alt coin reach 1000$?
Post by: Del137 on December 30, 2013, 03:18:50 AM
Well, than i like to see trades 1000 jokes for 0.1 BTC at start even without exchanges implemented) also inflation of 30kk in total, lets see... many said same about DOGE and EAC recently


Title: Re: Will any alt coin reach 1000$?
Post by: illodin on December 30, 2013, 03:21:32 AM
Rise to the value of 1 BTC = 1 ALT coin? That won't be hard, just create new at least somewhat decent coin with 100 coins total and reward like 0.001 of coin per block. Once market cap of that coin reaches over 100 BTC (dogecoin has about 10K BTC now), you have achieved the goal :)

This could actually be a good thing. It would get a lot of media coverage when "another crypto coin hits $1k !!!". Instant crypto boom all over again.


Title: Re: Will any alt coin reach 1000$?
Post by: raminnoodle on December 30, 2013, 03:32:28 AM
Digitalcoin would be the only other alt coin I can think of. The community that backs it is the number one reason why I say this.


Title: Re: Will any alt coin reach 1000$?
Post by: jimhsu on December 30, 2013, 03:34:11 AM
Most likely some trash coin with a ridiculously low total pool . Bitbar is the closest candidate?

In terms of market cap though (excluding the famous premines [Nxt, Ripple, Mastercoin])? Probably not.

The fact is that coin value and market cap mean squat when evaluating currencies. Volume (consistent, monthly averaged volume) is what matters.


Title: Re: Will any alt coin reach 1000$?
Post by: markm on December 30, 2013, 04:48:39 AM
Bitcoin carries a huge liability in the form of miners/mining.

Miners demand 100% of all coins ever to be minted, plus transaction fees too on top of that.

That is a huge overhead expense, which ultimately has to come out of the pockets of the "shareholders" aka the holders of the currency.

Get that huge liability out of the way - find a way to not need that insanely huge expense - and that should leave more wealth available to the holders of a currency, yes?

Certainly moving away from even attempting to meet the ridiculous demands / attitude of miners didn't seem to hurt those that did move away from using the blockchain method of securing a ledger / consensus and thus from the insanely expensive overhead of trying to meet such ridiculous demands.

-MarkM-


Title: Re: Will any alt coin reach 1000$?
Post by: undeadbitcoiner on December 30, 2013, 05:12:11 AM
There is possible but we cant just predict fo Alts, Alt are dependable to BTC so its better to discuss in BTC


Title: Re: Will any alt coin reach 1000$?
Post by: Wolf Rainer on December 30, 2013, 05:22:26 AM
Just argue here why any other coin would ever reach the heights of BTC.

Don't give me LTC, NMC, or PPC though because those are clearly gonna do it later on down the line.

Sure, when bitcoin worth 10.000 or 20.000 US$, there will be any alt coin in the $1000.


Title: Re: Will any alt coin reach 1000$?
Post by: Real1Guy on December 30, 2013, 11:52:51 AM
donate 1 ltc here LM8amKkHafkcZ1kU4m1buvKk5eZUTw7qr9
and i will tell you 2 alt coin besides ltc,ftc,nvc,nmc who will reach 500$

why wasting 1 ltc,  now we already know that FTC will grow insane.. and that should be enough info to get a millionair ;D

ftc is old story.. i know 2 alt's, still young... but the price is 1 ltc

lol no. Don't try to scam in my thread, thanks.

wtf did U expect, that i will tell U for free that kind of info.. go F yourself..
NOW THAT INFO COSTS 2 LTC!


Title: Re: Will any alt coin reach 1000$?
Post by: e521 on December 30, 2013, 11:57:34 AM
LTC is the only one capable or reaching $1000in a near-ish future.
If the btc trend applies it will happen in 1-2 years


Title: Re: Will any alt coin reach 1000$?
Post by: Fraxinus on December 30, 2013, 12:11:33 PM
EAC (Earthcoins) less and QQ (quickcoins) cmore chances to hit 1k$ in a year

 ::)

If Earthcoin hits 1k Iam going to buy my own spaceshuttle :b

earthcoin will definitely be worth something but 1k is impossible because of the total amount of coins.


Title: Re: Will any alt coin reach 1000$?
Post by: k33k on December 30, 2013, 02:20:12 PM
EAC (Earthcoins) less and QQ (quickcoins) cmore chances to hit 1k$ in a year

 ::)

If Earthcoin hits 1k Iam going to buy my own spaceshuttle :b

earthcoin will definitely be worth something but 1k is impossible because of the total amount of coins.

Why do you think Earthcoin will definitely be worth something? It doesn't seem very special from where I'm standing.


Title: Re: Will any alt coin reach 1000$?
Post by: Sampey on December 30, 2013, 02:21:50 PM
Only BTC, again. No other coin, everybody knows.  ;)


Title: Re: Will any alt coin reach 1000$?
Post by: Honeypot on December 30, 2013, 02:29:36 PM
Since BTC works as a defacto reserve currency (albeit a weak one compared to any present or past historical real life examples), it is not likely. Not unless it has much smaller coin supply and equal or proportional public interest enough to propel the price above 1000.



Title: Re: Will any alt coin reach 1000$?
Post by: Notanon on December 30, 2013, 02:48:09 PM
Probably Earthcoin, as it's been fairly well thought out in terms of its design, and while I had my doubts initially, Protoshares could be another contender.


Title: Re: Will any alt coin reach 1000$?
Post by: Fila Ford on December 30, 2013, 02:49:10 PM
im super excited about getting into mining

think i am going to start out with catcoin and then go from there

still have to set up my rig though and its looking like it could be a sea of frustration


Title: Re: Will any alt coin reach 1000$?
Post by: Xtar on December 30, 2013, 02:50:39 PM
CatCoin is the only scrypt Bitcoin (params). So Cat is teh future!


Title: Re: Will any alt coin reach 1000$?
Post by: Last1212 on December 30, 2013, 02:56:08 PM
CatCoin of course! It has a great long run potential. It appeared a week ago and now it is traded on Cryptsy!


Title: Re: Will any alt coin reach 1000$?
Post by: dotnetmin on December 30, 2013, 03:07:15 PM
It could only be a coin that is rare. Diffi @ CAT will grow fast and coin will be hard to mine.

CAT


Title: Re: Will any alt coin reach 1000$?
Post by: k33k on December 30, 2013, 03:08:13 PM
CatCoin of course! It has a great long run potential. It appeared a week ago and now it is traded on Cryptsy!

In what way does CAT have "great long run potential"?


Title: Re: Will any alt coin reach 1000$?
Post by: HyAfo on December 30, 2013, 03:09:31 PM
+1 for earth coin  ;)


Title: Re: Will any alt coin reach 1000$?
Post by: finnmacool on December 30, 2013, 03:10:58 PM
Rise to the value over $1000? Sure, considering how USA manages its debt and how fast are they printing more and more money - few years at most for first alt coin to reach that :).

Rise to the value of 1 BTC = 1 ALT coin? That won't be hard, just create new at least somewhat decent coin with 100 coins total and reward like 0.001 of coin per block. Once market cap of that coin reaches over 100 BTC (dogecoin has about 10K BTC now), you have achieved the goal :)

But for any current alt coin to surpass BTC in terms of market cap and trade volumes? Highly unlikely, though theoretically possible.

The way the US is printing money, SOCKS will cost a $1,000 soon!


Title: Re: Will any alt coin reach 1000$?
Post by: Reece523 on December 30, 2013, 03:16:23 PM
CAT will soon have difficulty 256. That will make CAT among the very most difficult to mine Scrypt coins. CAT is what DOGE should have been -- a coin which is sufficiently difficult to mine that it doesn't overwhelm its demand with supply. CAT does right what DOGE did wrong. CAT is the future.


Title: Re: Will any alt coin reach 1000$?
Post by: Evilish on December 30, 2013, 03:21:43 PM
+1 for CAT.
Second one imo would be World Coin.


Title: Re: Will any alt coin reach 1000$?
Post by: tyz on December 30, 2013, 03:28:22 PM
Many existing altcoins are crap! The value development of altcoins that have a value in some minor area will never reach $1000 (except there are only a few one of them  ;D). I think, all will depend on the price development of bitcoins and how much people believe in fiat money in future.


Title: Re: Will any alt coin reach 1000$?
Post by: LiteCoinGuy on December 30, 2013, 03:28:30 PM
probably Litecoin but no pre mined scam-coins


Title: Re: Will any alt coin reach 1000$?
Post by: Snail2 on December 30, 2013, 03:29:08 PM
Protoshares has the potential to reach not just $1000 but even higher rates as it isn't just a coin but a share as well, so it's value will be influenced by the assets behind it. Some good assets can drive the price to "da moon" :).


Title: Re: Will any alt coin reach 1000$?
Post by: carlb007 on December 30, 2013, 03:29:26 PM
CAT will soon have difficulty 256. That will make CAT among the very most difficult to mine Scrypt coins. CAT is what DOGE should have been -- a coin which is sufficiently difficult to mine that it doesn't overwhelm its demand with supply. CAT does right what DOGE did wrong. CAT is the future.
Disagree.
Doge is popular with thousands of people that have masses of enthusiasm to develop services and features around it independant of its price. Regardless of what people think of its meme beginnings, its about the only crypto being treated as a currency right now, and for sustainability and spreading to more hands thats what will count. I like it, and i enjoy the community around it which is whats important for me to keep my interest. That said, its supply is stupid right now and is a huge hurdle for it, and i do agree that this was a big oversight.

I cant see CAT or Earthcoin going anywhere and arent sure what the reasons are for people backing them.

My outside bet is with Diamond or WorldCoin.

-edit - and i dont think ANY of them will get anywhere near $1000, was just pointing out my preferences for 'doing best' in terms of market.


Title: Re: Will any alt coin reach 1000$?
Post by: prins on December 30, 2013, 03:40:46 PM
I think its the wrong question to put a price on value per coin, its more about its marketcap for its max amount of coins available.
For now its still dependant on the success of bitcoin, more and more places are starting to accept them. Once thats a proven success you might see more acceptance of the other altcoins.
There is nothing certain about anything yet though.


Title: Re: Will any alt coin reach 1000$?
Post by: Snail2 on December 30, 2013, 03:41:55 PM
Just one more thing. IMO in a dot.com bubble like scenario any coin can reach $1000 with enough hype and media coverage.