Bitcoin Forum

People are excited about Ripple but it is still off its old highs. Recently Dogecoin was an old favourite that rose back again after a prolonged fall. I believe this means major coins will have cycles of renewed interest.

The question is what major coin has had a prolonged drop and now is ripe for an up cycle?

Peercoin, NXT, Darkcoin, Quark?   (I hold none of these)

Definitely Litecoin. it will reach previous ath. block halving is coming.

One of NXT and Bitshares. I bought both even though I don't like both of them, one held by a few due to a botched distribution and the other being abused by the greedy developers to make more and more profits.

I don't know much about Bitshares. How are the devs abusing it to make money?

IIRC Litecoin ATH on 2013 was about $50, that sounds a bit crazy for me unless Bitcoin goes to $1000ish again ;)

They keep changing their deal now and then which always results in a big price swing. In October they suddenly announced a merger and introduced inflation which screwed up a lot of their supporters. Then they resurrected PTS to pump and dump it and even created a testnet with value and allotted it to this PTS.

I am surprised that their supporters getting screwed again and again blindly hand over their money. They likely don't have a choice as they have already invested deeply in it.

Those were the good time, any random altcoin was going up 10, 20 times.
Litecoin is done, poor cousin of Bitcoin with no advantages. It was relevant earlier as an alternate investment, but now with lots of new projects and established 2nd gen coins it is no longer so.

I wouldn't completely discount Litecoin for two reasons, one it's heavily involved in trading on many exchanges for other coins and also in the minds of the 'mainstream' it's got this silver to Bitcoins Gold thing, it's nonsense but if people believe it enough it becomes true. So any surge in BTC In the mainstream could lift Litecoin too.

As more time goes on, less is the silver to Bitcoin's gold mindset. I agree that a surge in BTC fortunes may lift it too, but it will be less effective if the surge doesn't happen soon.

Don't rule out the Litecoin  :D

when block rewards for litecoin halving
anyone can give me an idea when it happens

Better tell them Charlie Lee and give back to the people!  What does Charlie need 20% of LTC for?!  The people starve while Lee eats cake.   >:(

you can check block halving for litecoin here on this site
http://bitstacks.org/litecoinClock.html

you can check for bitcoin and dogecoin halving there also

Yea this is very true, Litecoin isn't going to see this unless Bitcoin has a monster bull rush. The whole bull rush last year that caused $1,200 BTC and $48 LTC was mainly because of Willy bot. So I personally do not see it happening like it did in the past unless we (we as in all crypto) get some sort of user adoption on a massive scale.



Ohh come on now you're just trolling at this point. Charlie doesn't have nearly 20% of litecoins lol. I'd doubt if he even has .5%.




EDIT: Halving should happen in Oct 2015

You're making it seem like the developers are making these botched PR moves on purpose. They're not, they just suck at PR. They lost more than anyone in the october meltdown because they are all big holders. More than anything bitshares is a project led purely by passionate and highly skilled developers with little PR, business or marketing skills. Noone is trying to scam anyone.

The testnet issue seems like it will get solved. They sharedropped on PTS because they reasoned this would create more value for the bitshares ecosystem as a whole, and that BTS would benefit more from this. It didn't occur to them that investors would care about a relatively worthless testnet. Investors made a huge deal out of protesting this, and the developers acknowledged their concerns and are going to redo the testnet sharedrop.

Nem will success

The BTS changes can't really be dismissed as 'botched PR moves'
The BTS devs (and community, I assume) seem to have changed a lot of the basic structure of how BTS will work, and they're continuing to do this.
This is much more than PR, this is about the basics of how stuff works (or not).

People are losing confidence in bitcoin and trying to figure out which altcoin will displace it. I think that speculation will intensify this year.

Does that guy do anything but attend conferences?

Living high on the crypto hog!  Let them eat cake!

Yes, he eats little cakes provided by conference organizers while attending conferences.

Yeah, thanks for clearing that up.

I don't see it anywhere. I can see two threads full of crying and fighting by your investors who realised they have been screwed again. In the end, like the October change, they will suck it up as they have no other choice.

The devs are making a good business out of it, repeatedly finding more ways to screw their own followers.

Get out as fast as you can. It may go up a little, but its time is over. A poor man's Bitcoin, and thats being generous.

If anyone moves away from Bitcoin, there are so many alternatives which provide some feature which is lacking in Bitcoin. Litecoin has nothing except 4 times the speed.

The rise in ripple means PUMP N DUMP....large holders looking for ways to cash out.

Reminds me of the time Ripple had a booth at one of the 2013 conferences I attended. It was obvious they were a scam coin. Litecoin never needed a booth. lol ;D ;D ;D

let the hate flow thru you.

http://cdn.screenrant.com/wp-content/uploads/Emperor-Palpatine-Ian-McDiarmid.jpg

BTS has always been an experiment; what you say is "changing the basic structure" of BTS I say is evolving / adapting the protocol to a real world solution and figuring out what works. Would you be willing to elaborate specifically on the "stuff" you feel has been changed too much?


This was discussed on the latest Mumble hangout: https://www.dropbox.com/s/vbva1yhprfdtvcp/Mumble-2014-12-26-09-21-29-vx31.commandchannel.com-Mixdown.ogg?dl=0

Not everyone feels "screwed". And those that do are operating on false assumptions imo, despite the fact that there is a lot of good points. Basically, proposals and misinterpretations of previous discussion (sometimes due to language barriers) influenced the dissent you have mentioned. I personally think PTS makes a for a good control of the DPOS experiment because it is fully deflationary like BTSX was before the consolidation.

Which other project has open VOIP discussions around items of contention? It would seem there is a lot more rumor mill, FUD, and misinformation floating around the alt forum than most, and open discussion is to be applauded.

Discuss openly and then rob the supporters, great plan ::)

Everyone will not feel screwed, some will be making more at others expenses and they will be supporting the devs even more until they get screwed.

The other supporter before you says they will redo the testnet sharedrop. So all that crying worked for once then ;D

I stand by this remark - 2015 looks like the year of the bitcoin killer(s)/replacer(s).

i agree.

Agree, the point of crypto is decentralized currency which takes power away from bankers and puts it in the hands of people. Ripple just puts power back in the hand of central banks

"The point of crypto" ...... will determine itself.

Many side effects may come out along the way. Ripple is an insurance purchase for me.

From what I gather NXT and LTC had dubious rollouts with high percentage of coins held by a few. (If this wrong - then disregard)

...everything will be about the metrics of how a coin was rolled out and distributed ...

...I wish I knew how to calculate a coin roll out ...... who really cares about hype .... if the coin is only in the hands of a few?

when did we the people ever get some "power"?  

anyway, if you're into empowering the people, here's a project that helps do that: http://weboftrust.net (http://weboftrust.net)

guess where that's built on?

Mostly agree - I don't think Ripple (or Stellar for that matter) is the bitcoin killer. Ethereum, Counterparty, NEM and NectarCoin look like stronger prospects.

nothing can replace BTC.  those projects mentioned above could complement BTC one way or another tho and in a way, piggy back on each other which isn't a bad thing imho.

you also forgot to mention NXT.

I can only speak for Nxt. The myth has held until now that the IPO (you have to do IPO because PoS coins can't be mined) was unfair.

Fact is that it was open for everyone to invest and claim a stake for almost 2 months. The problem was that only very few were interested.
0% was withheld for the devs. (If a dev invested, he woud have to buy the stake like everyone else)
In the end "only" 73 people invested (the distribution has changed quite a lot since, over 40k accounts now hold Nxt). But I don't see why it should be wrong.

The question has always been: What is a good distribution? <0,1% of worlds population hold bitcoin, this loos like "held by a few" to me.

NXT seems to offer more innovation than anyone, but the distribution thing seems to be a real reputation dampener - don't know enough about that issue. Only it's all I hear about whenever anyone brings up next.

Distribution has improved quite a lot since a year ago.
It's definitely worth a look.