Bitcoin Forum

Here's a quick profile of a bitcointard (aka mentally retarded bitcoiner fanatic) and how to easily identify him:

1) he only mentions bitcoin in particular, never uses the term digital or crypto currencies in general.
2) he is 100% sure that only bitcoin will succeed whilst the rest is doomed to zero, so that bitcoin will have over 99.9% of crypto currencies market cap.
3) he hates all alternative crypto currencies, in particular Litecoin. some bitcointard, who never caught one Litecoin train, might happen to like dogecoin or some other crap token with some features easily replicable by the same bitcoin protocol.
4) he hates gold and metals more than inflated bonds and equities. He wish gold could go to zero so bitcoin will take its place as store of value and safe haven currency.
5) He talks shit about alternative protocols such PoS saying they can be easily attacked, but he never tried to attack them or even know where to start.

Feel free to continue the list.

6) he thinks the more bitcoin he trades for useless stuff, the higher the price of bitcoin will be.
7) he believes in the labor theory of value, he says that's why bitcoin is valuable and all POS coins should be worthless.

AKA Coindesk

Their all very angry little people. Though i can't really blame them. It's not their fault they suffer from post traumatic stress from all the FUD Bitcoin days. Also the 'fact' that they have little penis's doesn't help their cause

Comes up with terms like bitcointard.

8. thinks that 'backed by electricity' actually means that because electricity was spent to mine Bitcoin, that gives it guaranteed value. Never bothers to look up definition of 'backed by', which actually means that you can redeem currency for the exact guaranteed amount of the underlying asset, and of course Bitcoin doesn't fit the definition.

Vouch for this +1  ;D

Whaat? why? Coindesk has been the best source of bitcoin news from the start?

I think most if not all of the bitcoin earlier adopter already cash out. People who fall into the bitcointard category are mostly late comers trying to become rich without contributing much.

9. He sees a bitcointard everytime he looks in a mirror

Now class, today I'm going to demonstrate how to use logic and public debate to discern who the real retards in this thread are.

How many internet protocols are out there competing with HTTP on a similar scale? The fact of the matter is that no altcoin to date has added ANYTHING meaningful or necessary over bitcoin. Even if they did, it wouldn't matter. Bitcoin is organic (https://www.youtube.com/watch?v=vaPgfErzeu0), it would adapt and swallow those changes if they were truly a make/break situation for the currency.

99.9%? Bitcoin will have 99.99% or more of crypto market cap within 10 years (http://trilema.com/2014/the-woes-of-altcoin-or-why-there-is-no-such-thing-as-cryptocurrencies/).  

Let's start with the name "Litecoin", this is a blatant attack on bitcoin, as the implication is that bitcoin is "heavy", AKA "not green", AKA "bad for the environment". It's a clever political assault used to make the creator of this knockoff currency very, very wealthy.

Reality: Bitcoin's energy use is completely negligible in the context of global industrial civilization. Miniscule, even. What does Litecoin add, from a technical perspective, to the protocol? Oh right, NOTHING. Litecoin (and Doge) are about as important and relevant as IPoAC (http://en.wikipedia.org/wiki/IP_over_Avian_Carriers).

Harsh reality: Advent of cryptocurrency makes no difference one way or the other, this planet is fucked (https://www.youtube.com/watch?v=M2Jxs7lR8ZI). With regards to climate change, we're on a speeding train heading off a cliff, and we're too busy counting our money to notice.

http://ecx.images-amazon.com/images/I/51jRJRjIs-L._SL500_PIsitb-sticker-arrow-big,TopRight,35,-73_OU01_AA300_.jpg

I don't hate gold or metals any more than I hate the horse and buggy. I just tend to recognize when something is about to become obsolete (as a store of value, in this case), because I possess exceptionally strong pattern recognition ability.


There are no alternative protocols. Their very existence is an extremely temporary illusion, visible only from the myopia of the present moment. Historically speaking they will be invisible and largely forgotten, just like any of the myriad alternatives to HTTP were.

Feel free to learn before you speak next time.

QFT, and only valid indicator in the thread.

and this ladies and gentle men is a real, live bitcointard.

ps. i actually agree about litecoin not adding anything.. its when people say 2.0 platforms dont add anything that they become full fledged bitcointards.

10, A bitcointard makes a lit about bitcointards to make him feel better because hes insecure.

Haha, this thread is golden. 

A+ will read again.

Here's how you identify a Eurotard:  They use the word "Whilst".
To respond to your post:  It was the same sentence over and over: "Anyone who doesn't embrace alt coins".

Fail.

PS:  I made $150,000 off a $9,000 purchase of Litecoins when it hit $45+
Even bought a range rover with half of it.
Also made $12,000 off of Dogecoin because I purchased and mined on Day 1.
I still cashed all my alt coins in for Bitcoin.  Because im not a tard.  
I realized that none of the alt coins have any real world commerce or infrastructure, whatsoever.
As long as this is true, they will go nowhere, and are a total waste of time.

-B-

whilst you posted that i was reading another post whilst eating breakfast that whilst it was corny and milky it had a sugary texture that allowed me to keep it down whilst reading the post i mentioned whilst writing this post.

11) (mostly a corollary of n. 3): a bitcointard is always 100% invested in bitcoin only.

12) a bitcointard loves to make meaningless comparison with the HTTP protocol success like:
"How many internet protocols are out there competing with HTTP on a similar scale"

13) A bitcointard despises digital competition just as banksters despise competition coming from any sort of private money.

"Also, FTP e-mail gateways allowed people that lived outside the US and Europe to download files using ftp commands written inside email messages. The file was encoded, broken in pieces and sent by email; the receiver had to reassemble and decode it later(convert bitcoin to mastercoin/counterparty/sidechain-coin to perform a specific function), and it was the only way for people living overseas to download items such as the earlier Linux versions using the slow dial-up connections available at the time(bitcoin itself is too slow and clunky and in no ways dynamic enough to build these function into bitcoin protocol itself). After the popularization of the Web and the HTTP protocol such tools were slowly abandoned(2.0 coins making old tech(bitcoin) obsolete)."

they also fail to mention that other technology that did pretty much the same thing in a much less elegant fashion was a predecessor  to http. and only once http came about did the technology really start to take hold.

sort of reminds me of the 2.0 coins with all 2.0 functions built in rather than banjaxing a load of clunky tech onto old tech. in the quote above i think bitcoin fits ftp email gateways and 2.0 platforms http pretty well in the way that http doing everything that ftg gateways in a much more seamless way made ftp email gateways defunct and out dated.

14) taking facts out of context to fit their own arguments and ignoring other important facts because they go against their own argument.

ps. this is the best thread iv seen in months!

Shame we can't see which shitcoins each jealous hater in this thread is huckstering. Oh well, not like it really matters.

This thread is full of people who arrived late to the party, or with too little money to buy any appreciable amount of bitcoin.

So what did they do? Bought into some "affordable" altcoin scheme and now they're desperately trying to push it, not realizing there is absolutely no hope for them.

Face it, altcoiners, your imitation-money is worthless and nobody cares (http://trilema.com/2014/the-woes-of-altcoin-or-why-there-is-no-such-thing-as-cryptocurrencies/). The people who created Doge and Litecoin, they're a lot smarter than you are. You're subsidizing their wealth with your stupidity.

"NEM" New Economy Movement (lol!) is this particular altTard's trashcoin of choice. Honestly I'm not sure whether to laugh or to cry for you.

"A Community-Oriented 2nd-Generation Cryptocurrency, With Philosophies of Financial Freedom, Decentralization, and Equality of Opportunity."

Altcoins help strengthen Bitcoin and act as nice testbeds for new features.

Best of luck to all the altcoins, a little competition never hurt anyone. :)

This is by far the best thread I've read in the last few days.
Thanks OP and thanks to all that replied, you made my day much brighter!

before you trash it, do you know anything about it? anything about the tech behind it? anything about the distribution? any reason it has a 3m dollar + market cap before it launches? trash talk me all you like.. i dont give two f&*ks..

He also uses the word HODL.

He is convinced that the bitcoin allows us to become rich.
If only he is right! :)

Yep, it's a bad knockoff of bitcoin, like every other shitcoin.

3 million dollars LOL your "new economy" is smaller than many brick and mortar small businesses in my city. Get real, your trashcoin is an irrelevant joke that will be swiftly forgotten. You will be dancing for satoshis in the street.

And just what the fuck does "community-oriented" even mean? Is Bitcoin somehow NOT "community-oriented"?

"So for the benefit of all the derps derping about “cryptocurrencies” : there is no such thing. There’s Bitcoin and that’s it, because there can only be one. All the rest of the crap exists only inasmuch as a) it stays theoretical or b) it stays small enough nobody cares. Where a) and b) are only distinct in the derp point of view, otherwise they’re the same thing. But good luck with all the community[-of-retards] driven, super-duper-innovative, ultra-mega-creative, asic-resistant, future-of-revolution-and-everything altcoins.

Meanwhile back at Reality Ranch, there can only be one"

http://trilema.com/2014/the-woes-of-altcoin-or-why-there-is-no-such-thing-as-cryptocurrencies/

I mean really though, look at this shit: Experience Coin: the altcoin for gamers (https://bitcointalk.org/index.php?topic=849167.0). How is anyone supposed to take any of this shit seriously?

Be gone with ye, back to your altcoin ghetto where you and your desperately-jealous-peasant-retard friends belong: https://bitcointalk.org/index.php?board=67.0

erm... ya we are not talking about brick and mortor business or your town are we.. thats like me laughing at you cos facebook is worth more than bitcoin??? we are talking about things within the crypto sphere.. 3m+ puts it in around 11th place.. AND ITS UNHEARD OF.. for a coin that has not even had its genesis block, has not released a white paper, is only trading stakes(1m nem per stake) on the nxt asset exchange with a minimum buy in currently of 0.1 stake/0.2+ btc, its not open sourced yet, not many people know about the revolutionary PoI algorithm among sooo many other major innovations, few people outside nem know about its 3000 strong stake holder list the majority of whom are veteran members and all getting equal amounts of nem(1 million). i dont care what you or anyone else says, 3m cap under those circumstances is astonishing. the tech they have managed to build is astonishing.. the distribution.. this "new economy movement" blows every other coin out of the water and still would if it was even half as revolutionary.

if you take it out of the crypto sphere and compare it to real world things then yes it is tiny and laughable.. just like bitcoin is to many of the hedgefunds.. you think a hedge fund that controls hundreds of billions of dollars gives 2 shits about bitcoin? no they laugh at it the same way you laugh at me now. and the same way many people laughed at bitcoin when it was trading bellow 100 dollars and the same way many still laugh at bitcoin..

you can laugh at me all you like but over time more and more people stop laughing and start taking notice.. the ones who stop laughing first always come out on top and as someone in bitcoin i thought you would know that.

So you admit this non-coin is one big confidence scam? Great, thank you. Saves us a lot of time debating.

You know what the difference between being in "11th place" (lol, because it's a race?) and 1,111th place is in the altcoin world? Nothing. 3 million is as irrelevant as 3 dollars when you're comparing yourself to currencies with market caps measured in the billions.

As someone in bitcoin I'm not a total retard who doesn't understand the concept of network effect. And no, your shitty theoretical non-coin scam will never approach anything even close to Litecoin, let alone Bitcoin.

the software is released you can test the beta all you like and see how PoI works.. i dont see how it is a scam either.. 5 devs and 5-6 other team members have put in nearly 11 months of solid work many of them 20-30+ hours a week and have not been paid a single penny.

again say what you like.. it only serves to prove how blinded you are by your investment in bitcoin.


i never said anything about network effect.. network effect is probably one of the most important things and thats why sreading nem equally to 3000 initial stake holders was the goal and the effects of that are already being seen

Satoshi Nakamoto watch out! Sounds like a room full of geniuses to me - where do I sign up for this speculatory-sweatshop?

IT HAS ALREADY BEGUN! We've captured 0.00005% of the world's population in our trashcoin scam! The world is ours!

No thank you, gambling is for morons who lack strong pattern recognition ability. I went all in on bitcoin when it was in the 100s, so I don't need to gamble to survive (or work for free with the desperate hope my trashcoin get-rich-quick scheme will succeed).

like i said.. i dont give two fucks what you say.. laugh all you like and take the piss out of me all you like.. you dont even know anything about nem and your calling it a scam..

TYPICAL BITCOINTARD

That's not true! I know it has a stupid name and at least one total moron pushing it. And I know you think this sophomoric philosophical bullshit actually matters when it comes to the survival of a protocol:
 
"with Philosophies of Financial Freedom, Decentralization, and Equality of Opportunity."

Which by the way is no different from bitcoin or really any other crypto.

http://www.mwpr.ca/articles/articles_8662/you-don-t-matter_design.png

Well basically a troll ?

It's in every post you make, because you foolishly left it in your signature.

Smarter trashcoin pushers than you make some effort to hide their affiliations, much like modern christian-recruitment groups do on college campuses.

we will see who is right after nem launches..

15) bitcointards get more and more vicious as altcoin technology gets more and more advanced

We will see 6 months after it launches, that much is certain. Looking forward to it. Must be some really outstanding technology you've got there, wonder why virtually no one cares?

Liquidity Cannot Be Designed

Liquidity, which is required for anything to be used as a currency, cannot be built into a protocol. It does not matter how brilliantly designed an altcoin is and what cool features it has. Its value depends on a factor that is outside its designer’s control, something more characteristic of the “spontaneous order” of the market than an intrinsic property of the currency.

Bitcoin and the dollar have very different properties, so it is possible to explain Bitcoin’s success in competition with the dollar despite the network effect of the dollar in light of those different properties. However, cryptocurrencies do not have very different properties from one another, so there is very little basis to predict that an altcoin can successfully compete with Bitcoin. In the case of, for example, as Bitcoin and Litecoin, I see no evidence in reality or in my understanding of human psychology that investors should see the difference in their mining algorithms or confirmation times as remotely important. The factor of roughly twenty by which Bitcoin’s market cap outweighs Litecoin’s is by far the biggest difference between them. Right now Bitcoin is growing by supplanting the national currencies, but eventually will absorb the altcoins as well. Bitcoin will gobble up Litecoin at some point, but I do not know if it will be the appetizer or the dessert.

A new altcoin cannot survive with only a fraction of the cryptocurrency pie. It must defeat everything else to succeed, including Bitcoin. Since it begins at an extreme disadvantage with respect to Bitcoin, it cannot succeed with technology that is marginally superior to Bitcoin. It must be as significant an advance over Bitcoin as Bitcoin is over the dollar.

Analogy to Social Networks

For currency investors, the network effect is absolute because it is impossible to buy bitcoins and some altcoin with the same money. This is why analogies to other network effects, such as that between social networks like Facebook and G+, are spurious. It is possible to leverage the benefit of Facebook and G+ at the same time. I can, for example, write a single status update and then post it to both social networks at almost no additional cost.

Furthermore, there is very little long-term investment in the use of a social network. New status updates lose all value in hours. Message boards come and go. All it takes is to ignore Facebook for a few weeks before there is little to draw one back to it. The network effect for social networks is therefore tiny compared to that of currencies.

Intellectually Barren

So far, altcoiners have been able to continue creating and mining altcoins without having to justify themselves very clearly. The responses I have heard to my arguments against them have been terribly inadequate: I get either a non sequitur (“Scrypt is ASIC-resistant”) a misunderstanding of the network effect (as with Vitalik’s piece) or a vapid, inappropriate skepticism (“How can you be absolutely certain that Bitcoin will win?”3).

I have never even heard any positive argument for any altcoin that explains why a majority of Bitcoin investors should sell and buy the new coin, or why enough new investors should reject Bitcoin and invest in the new one, in spite of the enormous advantage that Bitcoin already has.

Altcoin Investment Psychology

The present popularity of altcoins should be explained in terms of foolishness and hubris because it cannot be explained rationally.

As investors look at a new altcoin that has come out, they might think to themselves, “This cryptocurrency network is innovative, perhaps this means it will do well.” They might buy in at that point, or they might think a little harder and continue, “But wait. Bitcoin has the much larger network and is therefore objectively more useful as a currency than this new altcoin, despite its innovative features. If I decide to buy some, I would have to sell some of my bitcoins for it, so there is a real opportunity cost. Furthermore, the only way it can win is if all the other investors also switch. Will they or won’t they?”

At the same time, many of the other investors will be thinking the same thing. They will think about the fact that the rest are thinking it too. They will think, “No reasonable person would expect this coin to have any but a small chance of success. But since it can only succeed if lots of people really believe in it, this ensures that it cannot be successful because if no one buys more than a small gamble, then its failure is virtually guaranteed.” If they stop thinking there, they will stick with Bitcoin.

However, they might also think something along the lines of, “It’s quite possible that this altcoin will have an extra jolt in price during the next Bitcoin mania because some people may buy it either because they were not intelligent enough to follow the same train of thought as me or because they too, like me, realize that it may attract people who can be preyed upon. However, that is a risky proposition because it will be hard to know if I am the one preying upon suckers or if I am a sucker myself.” They will then either buy it or not depending on their own confidence in their ability to predict the behavior of foolish people.

Thus, altcoin investment ends up as a dynamic interplay between people who have not thought very far ahead, and people who think they are taking advantage of other people.

The Bursting of the Bubble

The more that altcoiners are asked for valid self-justifications, and the more they are asked how their new coin will achieve liquidity, the less effective their arguments will become, the less hype they will be able to generate, and the less that people will buy them. To defeat the altcoin movement, keep warning newbies against them and insist upon relevant arguments every time an altcoiner tries to change the subject.

The irrationality that props up the prices of altcoins cannot continue indefinitely. As soon as enough investors learn to think far enough ahead to wonder who the sucker is, the prices of the altcoins will begin to drop inexorably. We can make this happen sooner than later. I would like to see a more concerted effort within the Bitcoin movement to demand valid answers and to denounce as charlatans those who cannot give them.

I don’t think it is right to let the altcoin bubble continue without trying to stop it. Altcoins will cause a lot of people to lose money and for a lot of people to make money who are not adding value. Many who are already invested will lose, but I would prefer at least that there will be no more.

Although I cannot be certain, and I am, like everyone, prone to wishful thinking, I think that there is some indication that the altcoin movement is playing itself out: it is no longer possible to generate any interest in a straight Bitcoin clone like Litecoin. It is now necessary to add either a lot of extra features, as is the case with Mastercoin and Ethereum, or simply to act outrageous, as with Dogecoin. Furthermore, it is ridiculously easy to create altcoins now: Coingen is a service that automatically creates altcoins to any specification, and which, amusingly, only accepts payments in Bitcoin. It was apparently created especially for the purpose of helping to discredit altcoins.

Legitimate Reasons for Altcoins

I don’t object to altcoins in themselves. What I object to are the lies. There are legitimate reasons for altcoins, but none of them allow for real money to be made off of them. Altcoins should have little or no market value, but the distributed system as a whole can have value as an experiment or test of a possible upgrade to Bitcoin.

If you tell me this altcoin implements some cool new idea, then very well. But if you tell me it’s going to be the next big thing and that it’s a great investment, you’re lying. And if you believe it yourself, you’re lying to yourself.

The only reason that an altcoin should have any value at all is as an extreme speculation on the death of Bitcoin. Although it is impossible for an altcoin to beat Bitcoin on its own merits, it is theoretically possible that the Bitcoin community could destroy Bitcoin through its own foolishness. If that possibility should loom, then altcoins can do a valuable service by going up in value, thus alerting the Bitcoin community to reverse whatever it is doing.

Read more here: http://themisescircle.org/blog/2014/03/14/the-coming-demise-of-the-altcoins/

basically this ^^ .

if no one cared why the hell does it have a 3m+ market cap prior to launch.. if you opened your eyes for even 5 mins you would know.

Marketcap is a misleading valuation on a currency and the same could be said about Bitcoin. Let's be honest. If 100 million of BTC hit the exchanges at once the price of bitcoin would crash to almost nothing. All other alts should equally be humbled by this fact as they represent a fraction of Bitcoins marketcap.

I could fork bitcoin, get a few friend together to buy some stake in a new alt and instantly have a marketcap higher than BTC if I was calculating the unsold stake at the same rate as the sold stake.

Are you suggesting people have actually invested 3 million usd into NEM?

Why do I see $ 303,484 ?

http://coinmarketcap.com/assets/nemstake/

no im not suggesting that.

3000 stake holders signed up for stakes, sock puppet removal using taint analysis removed a huge amount of socks and then sock stakes were given to people on a waiting list (after thay paid a trivial fee). it was requested that stakes be issued to stake holders on the nxt asset exchange months ago so that people could trade their stakes.. 1000 stakes were issued and only around 775 claimed their stake.. trading has been based on the knowledge that there will be 4000 stakes released(4 billion nem) so the fact that there is 4000 stakes has been, for the most part, priced in.. this can be proven too because as people are redeeming their stakes the sever and rapid drop in the number of stakes available for trading the price has not had any drastic change along with the drop. 1 stake is worth 39k nxt or ~2.29 btc..  ((39000*0.000058)*4000)*350 = $3,166,800

its not manipulation of price either because those 775 assets(stakes) that were issued were sent to 775 (mostly) unique users.

as for how much has been invested into nem, thats pretty much impossible to know unless you wana go through all the history of trading and work it out.. what i can say is that during the day or two prior to nems launch of trading on the asset exchange, nxt saw a 6m dollar increase in market cap and nem, on the first day of trading, did > 3/4 of the trading volume in dollars than nxt did on the same day.

try the tech.. look at the distribution stats and look at them with unbiased eyes and you will see why nem blows every other alt coin out of the water for so many different reasons.  if it wasnt for nem i too would probably be entirely invested in only bitcoin as i do not see any long term potential in any other alts but there comes a point when you must realise that better things can and will come.

before you bring up the 3000 stake holders 4000 stakes.. 10% is going to be split between 5 devs, possibly more people.. idk..  5% to fund ecosystem projects and 5% marketing costs and 5% something else or something like that..

distribution stats can be seen here: https://forum.nemcoin.com/index.php?topic=2518.msg6464#msg6464

that was done just prior to the start of AE stake redemption.

Somebody who bought in as a very early investor & cashed out way too early (missing a huge chance to make some serious cash).

This. And,

Starts a thread like this.

So this is completely inaccurate?

http://coinmarketcap.com/assets/nemstake/

So you are suggesting that there are up to 4k people interested in NEM and you are boasting about this? This doesn't mean that NEM is worth 3 million or anything close to 3 million has been invested in NEM. Market cap is very inaccurate figure to judge the true value of the currency or its future potential. Do you understand this point?

Market Adoption by users and merchants, the amount of developers, Amount of investments, and brand recognition all are better indicators of the value in a currency.

i agree its inaccurate but people have a tendency to ignore what gives a coin value.. like distribution.. like teck.. like network effect.. like innovation.. like pace of development.. all things that nem is excelling in at such an early stage. price is TOTALLY unrelated to future potential.. the point i was making by bringing up the cap is that if no one gave a crap about nem it would be nearly worthless if not totally worthless which it is not.

As for your second point, i agree also but at such an early stage its difficult to judge a platform on such factors. there are certain things that have not been announced yet that i know would send the price flying up but those announcements are being withheld for now because it would be too soon to announce them.

as for developers their are 5 core developers all extremely tallented and a long list of other developers who wanted to join the core team, 6 marketing/promo team member and a lot of other people coding up network spamming bots for testing, others working on block explorers and various other things. the majority of alt coins are lucky to have more than one dev and maybe one promo guy. i know this isnt even comparable to the amount of people working on bitcoin but nem hasnt even launched yet never mind had 5 years of development.

its impossible for nem to have any merchant adoption yet for obvious reason but that does not mean that nem is not working on that already. also stuff that hasnt been announced so wont go into that.

as for the tech, well il have to let you read up on that.. dont want to turn this into an essay. all i will say is that its going to have massive implications for other coins. PoS coins have already put forward technical plans/ideas to "compete" with or mimic proof of importance much like the way bitcoin has come up with side chains to compete or devour "app" coins.

Phew, for a moment there I was afraid you might actually try to back up your claims this time! Seriously though, two years from now no one will know what NEM is, no one will know it ever existed (if this theoretical coin ever even does!)

By the way, calling a protocol (a knockoff protocol at that) a "movement" is full retard.

its still not open source so no matter what i say, it will be argued that what i say is not correct or i will be smeared in some way because of it.. much like what you just said..

Holy shit, if I wasn't sure it was a scam before, I AM NOW!

theoretical? the beta is out.. you can test the software all you like. and how is it a knock off? a knock off of what?

territory wars; crypto style


this is pathetic


alts and bitcoin are all cryptocurrencies. what is the purpose of creating division in the crypto community? it is utter nonsense


bitcoin is important because it is a name people are familiar with. altcoins are important because they improve bitcoin (obviously, some fail at this)


does bitcoin have features like NXT/NEM/QORA? no, these "alts" trump bitcoin in this perspective

do any of those other coins get mentioned by *average joe*? no, only bitcoin


all coins have their downfall right now. this is not the time for the community to continue to have territory wars

The NCC (NEM client) for NEM has been opened sourced and already has third party devs working on it. The NIS (network server) hasn't been open sourced yet but will be after launch.

Bitcointards wipe the floor here. 24-5.

Belives he can predict the exact price bitcoin will be in a few days, which is always $1200+

Kodtycoon wasn't in here pumping NEM.  The original OP made this as a joke then you got your feelings hurt and went on the attack because he had an alt coin in his signature.

The reality is that NEM tries to do everything it can not to be a trashcoin pump. That's NEM. The devs have gone out extremely out of their way to make it the most fair and widespread distribution ever in crypto. And I mean by far. They are also upfront and clear about everything with a beta that is being extensively and publicly tested pre-launch.

You can keep on applying all your normal stereotypes of alt coins to NEM all you want, but that doesn't make you right.  

15)Truly believes that he is of above average intelligence, and knows more about anything and everything than other forum members.

Hahaha. That should be #1

By cash out I am assuming you mean sold their coins for cash, this actually devalues Bitcoin against cash.


Please explain how "cashing out" contributed anything useful to Bitcoins again?

He's boasting that thousands of people are invested in NEM pre-launch.  And anazingly each in theory has an equal share. Of course some tried to cheat and may have gotten away with it but the devs were really tricky in trying to make it one stake per one person and this was only revealed after the fact and sock puppets were cleared out.

The rest of what you said is true and after NEM is officially launched NEM will be working on those things diligently.

By cashing out they distributed bitcoin. That´s probably of some use.

The bitcointard is still in action and is aware of the actuality of bitcoin. :)

Absolutement.

I'd rather be the stupidest of the bitcointards than the smartest altTard on these forums.

At least I won't end up dancing for nickels in the street when the dust settles.

Blind faith works. Until it doesn't. Investment 101 rule #1: diversify.

I'm not an investor, and I don't do faith. I divested my savings from the US dollar because I view it as the dubious & unstable (https://www.youtube.com/watch?v=dQdmsL147j0) scam-currency (https://www.youtube.com/watch?v=iFDe5kUUyT0) of a failing military empire (https://www.youtube.com/watch?v=joITmEr4SjY).

I choose bitcoin as my store of wealth because I understand (at least at a basic level) how and why it works as a form of programmable money, and because it has a limited supply.

This thread is a perfect reflection of the quality of content on this site lately.  Make it a sticky!

16) he thinks bitcoin has limited supply, when in reality bitcoin and every other POW out there will never ever be able to work properly without moderate inflation.

That's the spirit! No compromise, preparing to sink together with the boat is much better than jumping from boat to boat

http://bitcoinrichlist.com/charts/number-bitcoins-owned-by-richest