Bitcoin Forum

Currently there is only about 4000 active coins the next wave of coins will lift this number significantly.
Just around the corner is a tsunami of new coins approaching probably reddit will be the first one out and every medium to large size corporation will have its one coin. http://techcrunch.com/2014/09/30/reddit-scoops-up-50m-series-b-from-sam-altman-a16z-sequoia-at-500m-valuation/ (http://techcrunch.com/2014/09/30/reddit-scoops-up-50m-series-b-from-sam-altman-a16z-sequoia-at-500m-valuation/)
IBM and Samsung already said that the will fork ethereum they wont be the only once, once Pandora's box is opened.
Governments too are busy right now designing there own coins with Ecuador and Philippines leading the way.
http://www.coindesk.com/ecuador-bans-bitcoin-legislative-vote/ (http://www.coindesk.com/ecuador-bans-bitcoin-legislative-vote/)
http://cointelegraph.com/news/112685/filipino-lawmakers-unveil-e-peso-act-to-create-national-currency-for-the-digital-age (http://cointelegraph.com/news/112685/filipino-lawmakers-unveil-e-peso-act-to-create-national-currency-for-the-digital-age)
Yes celebs and wannabes will have there private coin too, why not?
After all why would't they have there one money it cost next to nothing and people will buy into it. Most will have a set-up similar to XRP with no transparency and with some system for them to control inflation or regulate price. Distribution is as good or better as any other available coin. The coinmarketcaps will be instantly above most available coins now, in fact the Coinmarketcap site will be made redundant as there is no way to know the real cap of this type of coins.
Money is just something taken with one hand and given with the other.
With this many coins floating about a reference point is needed. In the old days it was the Gold standard now it's the Bitcoin standard.

If you go wide, there is 100.000 or more coins already existing. Every game have their own coin. Some are more easy exchangeable then others.

There's already been digital currencies for years - people were using MMORPG coins to buy real world goods.  Then you had things like Amazon dollars.

IBM's interest in Ethereum wasn't a coin but rather the blockchain technology to overhead on their server system but I don't know if it will actually take off as you can't host your private files on some Russian guy's computer who can probably crack the encryption in a fortnight.

For some time, I would not have agreed with the OP, but yesterday I heard of two coming coins, a musician was making their own, and a well known actor was making one. Seems like these will not be currency at all, but merely virtual souvenir tokens.

Creating your own coin may very well become mainstream in the future. Countries or persons.


After all it's a good chance creating your own currency is better than just starting to use bitcoin.

You can create this much coins, but if they won´t have an unique feature so they can join Supernet, then they are doomed anyway and will disappear.

SYS is next generation yet failed badly

No currency has to be unique one way or the other.

please  you can provide a link to the news ,thanks

cool stuff man :)

In future every person will have their coin

Interesting how this theory didn't really pan out -- new coin creation rates seem to have plateau'd, and thank God... Really, only a handful of them are still used for anything other than speculation.

Everyday an altcoin emerges however not all of them survive I think It's all about interest in the coin and what makes the altcoin standout from all the others. And yes there are way too many altcoins!

Only actively developed coin will survive.

It's mostly true. That's why I've been sticking with the old coins like LTC and DOGE. They seems to have a great community, not to mention development as well. Correct me if I'm wrong  ::)

More coins = more moons and money to bob  :)

I guess corporate coins are not going to turn up on the exchanges, and the celebrity/event/whatever coins going to be more like collectibles, like Magic: The Gathering cards... maybe it's time to think about making a new pokemon exchange :).

Mainly I'm just keeping this thread floating to keep other threads from being at the top.

They will use several common coins.

I can see the world using only crypto currencies as their main method of payment. Bitcoin, Ethereum and Bitshares would be the most used in the future (I think) Or maybe a new crypto would replace Bitcoin with better features and anonymity (perhaps?)  ::)

Do many coins actually "die" ? Or do they just "hibernate".

so far I only see one coin that can be used as a currency to facilitate trade, all the others are just for storing wealth, or for novelty trading.   If its not instant and decentralized it is to slow for trade.

It did and it didn't.

But it looks like 200-300 networks have survived and will live on.

And now 1000s of 'colored coin' asset can be inserted into their block chains or mergemine on their hash coattails.

So CP & NXT (perhaps eth bts only because they've got the cash) will demo how2 do'colored coin'.

Doge, UNO and i0 will demo how merge-mine works. (why they've have matured distros which is the main hiccup of MM).

Once the path is clear and evident then you will see a wave/explosion of coins again ... this time no mining.  

Key then is the asset management and development via DAO model, think micro financing, but more like startJoin.

You guys should bid to 020LondonCoin, it's getting full support because of its new devs, they're remaking everything for good.

If the code and copy of the chain is still around then it can be turned back on.  So no "die".
Getting a network fired back up is a bitch.  So yes they can die if no one can mine/send them.

But I have found 1-2 well coded coins that literally can "hibernate" on go ZERO hash ZERO blocks but pickup nicely once someone starts mining it again.

n00b is perhaps onto something
i like the quark algo and gizillion coin count

NEM is 100% new code and has some interesting features being built on it.  It was designed with the goal in mind to make a blockchain that just worked better. 

Smartchain technology would be the next generation of coins. Take a look at Ethereum and Bitshares, they both provide this. IBM is making a crypto (or so) with smartchain technology. Check out Adept and see for yourself  ::)

http://www.slideshare.net/_hd/ibm-adept (http://www.slideshare.net/_hd/ibm-adept)