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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: HCLivess on December 14, 2014, 02:03:22 AM



Title: All altcoins will survive
Post by: HCLivess on December 14, 2014, 02:03:22 AM
Yes, they will. Stop comparing them to startups or real-world companies, which need to compete for survival. Running altcoin networks is close to costless and they are virtual, just like email/youtube accounts. Altcoins are decentralized decentralization.


Title: Re: All altcoins will survive
Post by: chesthing on December 14, 2014, 02:06:41 AM
You know how many coins have died in the last year? they go to near zero and get delisted from the exchanges, that's how they die. "Very few altcoins will survive" would be much more accurate to say, although I'm wondering if that's too optimistic.


Title: Re: All altcoins will survive
Post by: seoincorporation on December 14, 2014, 02:06:42 AM
Yes, they will. Stop comparing them to startups or real-world companies, which need to compete for survival. Running altcoin networks is close to costless and they are virtual, just like email/youtube accounts. Altcoins are decentralized decentralization.

If you can buy it on http://www.shapeshift.io/ with bitcoin, yeah, they have future :)


Title: Re: All altcoins will survive
Post by: HCLivess on December 14, 2014, 02:12:28 AM
You know how many coins have died in the last year? they go to near zero and get delisted from the exchanges, that's how they die. "Very few altcoins will survive" would be much more accurate to say, although I'm wondering if that's too optimistic.

Look at EarthCoin. Dumped scam dropped near zero. You can still buy it - but you only need IQ of 60 not to have been there in the first place.


Title: Re: All altcoins will survive
Post by: BitcoinBoost on December 14, 2014, 02:28:20 AM
Yes, they will. Stop comparing them to startups or real-world companies, which need to compete for survival. Running altcoin networks is close to costless and they are virtual, just like email/youtube accounts. Altcoins are decentralized decentralization.

Most make Nigerian scammers look like saints. Sure, if there's pennies to be made promising adoption there will be a market.


Title: Re: All altcoins will survive
Post by: MicroGuy on December 14, 2014, 02:59:23 AM
https://i.imgur.com/HiYUfxM.jpg

Yes, they will. Stop comparing them to startups or real-world companies, which need to compete for survival. Running altcoin networks is close to costless and they are virtual, just like email/youtube accounts. Altcoins are decentralized decentralization.

Amen brother! :D


Title: Re: All altcoins will survive
Post by: merry0652 on December 14, 2014, 03:08:46 AM
What he means is the top 100 can survive


Title: Re: All altcoins will survive
Post by: crazyearner on December 14, 2014, 03:15:43 AM
Yes, they will. Stop comparing them to startups or real-world companies, which need to compete for survival. Running altcoin networks is close to costless and they are virtual, just like email/youtube accounts. Altcoins are decentralized decentralization.

Lmfao what world you living in. All alts will eventually die out unless they have continued updated and a good dev team to support their development of their coin and people start to provide services for it and adopt that coin otherwise its just another sh!t coin. I have watched over 200 crypto coins go from hero to sh!t in a matter of days and months and then soon get de listed from all exchanges. Then some return to exchanges and then soon crap them self. Look at flappy its on Cryptsy but under LTC most coins will get shifted around to make as much profit as an exchange can make or person can make on it it every gives up supporting it.

Some do out last and do continue but many fail and then get re owned and new people take it on to try to bring new life into it but even then it tends to live and die hard and theirs only a handful out of about 300 coins from this year surviding but even they will fade away unless theirs constant development for them and people use and adapt and trust and put funds into it to hold value and grow otherwise its bye bye.


Title: Re: All altcoins will survive
Post by: freedomno1 on December 14, 2014, 03:17:17 AM
Yes, they will. Stop comparing them to startups or real-world companies, which need to compete for survival. Running altcoin networks is close to costless and they are virtual, just like email/youtube accounts. Altcoins are decentralized decentralization.

Tell that to the corpses of altcoins that have died
And tenebrix although some people still mine that one for the lols now and then  ;D


Title: Re: All altcoins will survive
Post by: pikuchato on December 14, 2014, 03:47:17 AM
http://coinmarketcap.com/all/views/all/

Scroll down a bit......... welcome to the crypto graveyard  :P

I guess at least 500 crypto bodies are not even listed.


Title: Re: All altcoins will survive
Post by: TheMage on December 14, 2014, 06:48:12 AM
http://coinmarketcap.com/all/views/all/

Scroll down a bit......... welcome to the crypto graveyard  :P

I guess at least 500 crypto bodies are not even listed.


About 500 would be correct, there are over 1k alts now.


Title: Re: All altcoins will survive
Post by: K210 on December 14, 2014, 07:42:38 AM
Only litecoin and peercoin will survive all other alts will die


Title: Re: All altcoins will survive
Post by: arieq on December 14, 2014, 09:48:42 AM
Thing is, a year ago we had several hundred less altcoins. Admittedly most of the new ones are crap and has no support in the real world and is accepted by no one except speculators. only a few that are real contenders.


Title: Re: All altcoins will survive
Post by: e-coinomist on December 14, 2014, 11:35:29 AM
Only litecoin and peercoin will survive all other alts will die
The first had an innovation type (Scrypt mining) which is now meaningless. On the second I agree, most probably Bitcoin will have to hardfork for turning into a pure POS coin, since TX fee maintained POW networks are destined to fail in all cases.


Title: Re: All altcoins will survive
Post by: sniveling on December 14, 2014, 12:27:51 PM
http://coinmarketcap.com/all/views/all/

Scroll down a bit......... welcome to the crypto graveyard  :P

I guess at least 500 crypto bodies are not even listed.

Tenebrix is not listed there because it's not on an exchange any more and the network's almost dead. It's probably more accurate to call it a zombie coin rather than a dead coin until the last few people give up mining it.


Title: Re: All altcoins will survive
Post by: gjhiggins on December 14, 2014, 03:11:05 PM
Thing is, a year ago we had several hundred less altcoins.
I guess we're near enough to the end of the (calendar) year for gubmint work ...

This SPARQL query, when posed of the DOACC metadata (https://github.com/DOACC/individuals) (RDF graph), will return a count of coins with an incept (YYYY-MM) date in 2014:
Code:
PREFIX doacc: <http://purl.org/net/bel-epa/doacc#>
SELECT (COUNT(?node) as ?ncoins) {
    ?node doacc:incept ?incept .
     FILTER(?incept > '2013-12'^^<http://www.w3.org/2001/XMLSchema#string>) .
     FILTER(?incept < '2015-01'^^<http://www.w3.org/2001/XMLSchema#string>)
}

atm, it yields a total of 1627 <- altcoins launched (or at least lofted) in 2014 (thus far, give or take a handful).

For extra credit, elaborate the query a little:
Code:
PREFIX doacc: <http://purl.org/net/bel-epa/doacc#>
SELECT DISTINCT ?incept (COUNT(?node) as ?ncoins) {
    ?node doacc:incept ?incept .
    FILTER(?incept > '2013-12'^^<http://www.w3.org/2001/XMLSchema#string>) .
    FILTER(?incept < '2015-01'^^<http://www.w3.org/2001/XMLSchema#string>)
} GROUP BY ?incept ORDER BY ?incept

pass it over to sgvizler to handle the posting of the query and the rendering of the results as a chart:

https://i.imgur.com/DwFKi3K.png

Looks like 2014 was the Year of the Altcoin.

Obviously not all will survive, some have already failed. Maybe the title should have read “All altcoins will survive. Discuss.”

You can run the “2014 total coins” query for yourself by pasting it into the textarea on https://minkiz.co/sparql or following this pre-completed link (https://minkiz.co/sparql/query?query=PREFIX+doacc%3A+%3Chttp%3A%2F%2Fpurl.org%2Fnet%2Fbel-epa%2Fdoacc%23%3E%0D%0ASELECT+%28COUNT%28%3Fnode%29+as+%3Fncoins%29%0D%0A%7B+%0D%0A++++++++++++%3Fnode+doacc%3Aincept+%3Fincept+.%0D%0A++++++++++++FILTER%28%3Fincept+%3E+%272013-12%27%5E%5E%3Chttp%3A%2F%2Fwww.w3.org%2F2001%2FXMLSchema%23string%3E%29+.%0D%0A++++++++++++FILTER%28%3Fincept+%3C+%272015-01%27%5E%5E%3Chttp%3A%2F%2Fwww.w3.org%2F2001%2FXMLSchema%23string%3E%29%0D%0A++++++++++++%7D+&output=html).

Cheers

Graham

Edit: added DOACC url


Title: Re: All altcoins will survive
Post by: sniveling on December 14, 2014, 05:13:46 PM
Looking at that chart it appears to me that more alt coins start launching as bitcoin's price starts rising, and the more bitcoin crashes the less alt coins launch.


Title: Re: All altcoins will survive
Post by: HCLivess on December 14, 2014, 06:10:13 PM
That is a very nice graph, thank you.
Did Tenebrix get botnet-mined?


Title: Re: All altcoins will survive
Post by: Buffer Overflow on December 14, 2014, 06:47:01 PM
Running altcoin networks is close to costless and they are virtual, just like email/youtube accounts.
Running a secure coin network is certainly not costless or anywhere near it.


Title: Re: All altcoins will survive
Post by: BitCoinNutJob on December 14, 2014, 06:52:06 PM

https://i.imgur.com/DwFKi3K.png


Interesting chart, looks like the easy money from pump and dumping new alts has gone.   Where do all the new alt devs go now... back to BTC or services around BTC economy :)


Title: Re: All altcoins will survive
Post by: HCLivess on March 09, 2015, 11:43:38 AM
Running altcoin networks is close to costless and they are virtual, just like email/youtube accounts.
Running a secure coin network is certainly not costless or anywhere near it.
What are the incentives for bringing down low value networks?


Title: Re: All altcoins will survive
Post by: dukeneptun on March 09, 2015, 12:05:26 PM

https://i.imgur.com/DwFKi3K.png


Interesting chart, looks like the easy money from pump and dumping new alts has gone.   Where do all the new alt devs go now... back to BTC or services around BTC economy :)

Yeah. Really ineresting chart. Where is it from?


Title: Re: All altcoins will survive
Post by: majorminers on March 09, 2015, 12:35:19 PM
All altcoins go to heaven.


Title: Re: All altcoins will survive
Post by: Nxtblg on March 09, 2015, 06:04:49 PM
You know how many coins have died in the last year? they go to near zero and get delisted from the exchanges, that's how they die. "Very few altcoins will survive" would be much more accurate to say, although I'm wondering if that's too optimistic.

Yes, the wildcat stage of cryptocurrencies is probably at its mid-point.

The herd thinning may begin soon.

It already is. That's part o' life in a boom town.

Even happens in 'legitimate' industries. Do you know how many American car companies there were when Bill Durant was still running General Motors? Well over a hundred!


Title: Re: All altcoins will survive
Post by: gjhiggins on March 09, 2015, 08:55:15 PM

Still in ninja launch phase but the live interactive rendering is on Minkiz home page: https://minkiz.co/

Latest version:

https://i.imgur.com/4eMiaxc.png (http://imgur.com/4eMiaxc)

(Screengrab of browser-rendered chart via sgvizler using SPARQL results from a query of the DOACC RDF graph https://github.com/DOACC/individuals/ (https://github.com/DOACC/individuals/))

Cheers

Graham




Title: Re: All altcoins will survive
Post by: atlantic miner on March 10, 2015, 12:38:45 AM
It's maybe possible that altcoins could be worth $2-3 bi (out btc) in the far distant future but I see that being split between a 500 coins.


Title: Re: All altcoins will survive
Post by: jt byte on March 10, 2015, 06:22:37 AM
Altcoins have utility ,They in many cases develop new tech


Title: Re: All altcoins will survive
Post by: LuckyBtc on March 10, 2015, 06:43:51 AM
Altcoins have utility ,They in many cases develop new tech
Not all of them have bring new tech to us only a few altcoin have like NXT,XCP etc.. Others are just for pump and dump. :)


Title: Re: All altcoins will survive
Post by: PaulPierce on March 10, 2015, 07:33:26 AM
The coins and there chains will mostly stay around but many of them will never even be used again.


Title: Re: All altcoins will survive
Post by: vrm86 on March 10, 2015, 11:39:37 AM
Assuming all altcoins will survive most of them will be worth ~0.00000001 DOGE.

Yes! Let's make DOGE exchange for all exiled shitcoins  :D


Title: Re: All altcoins will survive
Post by: freedomno1 on March 11, 2015, 04:18:36 AM

https://i.imgur.com/DwFKi3K.png


Interesting chart, looks like the easy money from pump and dumping new alts has gone.   Where do all the new alt devs go now... back to BTC or services around BTC economy :)

An excellent question anyways it looks like we can breathe a collective sigh of relief
There were just so many pump and dump coins from that set it was bloody incredible
(Scared to imagine the future with Altcoin 2.0 following after Bitcoin 2.0 IPOS lol)


Title: Re: All altcoins will survive
Post by: TheMage on March 11, 2015, 05:42:10 AM
My thoughts on alts and why they are important

https://www.youtube.com/watch?v=gLVwMFWGseA&feature=youtu.be


BTW its a hour long interview :).


Title: Re: All altcoins will survive
Post by: Nxtblg on March 11, 2015, 09:50:09 PM
(Scared to imagine the future with Altcoin 2.0 following after Bitcoin 2.0 IPOS lol)

I'm already imagining it. If (say) Nxt takes off, there'll be a monsoon of Nxt clones.


Title: Re: All altcoins will survive
Post by: bitcoin4eva on March 11, 2015, 10:01:11 PM
Not even sure if OP is for real with this one... Not many altcoins really survive.


Title: Re: All altcoins will survive
Post by: futurebit640 on March 13, 2015, 03:53:35 PM
Millions overnight will be made in varius alt coins. ;)


Title: Re: All altcoins will survive
Post by: autodiv on March 13, 2015, 04:15:59 PM
When the last client goes dead the alt is dead. It happens all the time.


Title: Re: All altcoins will survive
Post by: mariawatson on March 13, 2015, 06:28:34 PM
When the last client goes dead the alt is dead. It happens all the time.

I agree:)


Title: Re: All altcoins will survive
Post by: trotter55 on March 13, 2015, 09:11:27 PM
When the last client goes dead the alt is dead. It happens all the time.

I agree:)

There are too many dead coin threads full of posts asking for nodes.

No nodes = dead coin.


Title: Re: All altcoins will survive
Post by: cassius69 on March 14, 2015, 03:08:37 PM
what about analcoin? could meet a shitty end?


Title: Re: All altcoins will survive
Post by: OrientA on March 14, 2015, 06:18:32 PM
Yes, they will. Stop comparing them to startups or real-world companies, which need to compete for survival. Running altcoin networks is close to costless and they are virtual, just like email/youtube accounts. Altcoins are decentralized decentralization.

It costs money to host the node.


Title: Re: All altcoins will survive
Post by: razen489 on March 14, 2015, 06:58:17 PM
Economics of an altcoin must work to support the network.


Title: Re: All altcoins will survive
Post by: Fritwakky on March 14, 2015, 09:56:45 PM
Yes, they will. Stop comparing them to startups or real-world companies, which need to compete for survival. Running altcoin networks is close to costless and they are virtual, just like email/youtube accounts. Altcoins are decentralized decentralization.

It costs money to host the node.

read on this forum before , many altcoin node cost 10$ each
don't think they're so expensive