Bitcoin Forum

But please don't bore me with long explanations. Your PoS coin should be so good it practically sells itself.

buy now or cry later

The only PoS coin I have a few of are clams. I didn't buy them; I got them in the initial distribution last May. Interestingly, most people who got them in the initial distribution haven't bothered to sell them for bitcoins. If someone has clams and isn't selling them for bitcoins, that seems equivalent to buying clams (in the sense of opportunity cost).

altcoin motto "buy before the pump, else you gotta dump"

Pick one of these 4 paragraphs:

Bitshares is a crypto equity. The block producers are the employees of the company and are voted in by shareholders who own the base token BTS. This means that there is no need for a centralized bitshares foundation or that developers have to donate their work to benefit everyone else but get nothing in return. Bitshares is always hiring the top talent in the cryptocurrency industry. Right now we are especially looking for developers who wish to help create open source gateway code (to make it easier for exchanges to run ungoxable fiat gateways).

Bitshares recognizes that ordinary users and merchants do not want volatility. For that reasons the currency tokens in bitshares are market pegged assets, such as bitUSD, derivatives that are backed by the underlying token BTS and pegged to a real world asset. This is how the peg is doing: http://coinmarketcap.com/assets/bitusd/

Bitshares is a project run by developers who are all flaming libertarians. They recognize that the block chain is the ultimate tool for individual freedom, and bitshares as a project exists to provide the framework on which a free society can be built. Here's one of the latest blog posts by bytemaster, the lead developer, explaining how a free society can be based on smart contracts only: http://bytemaster.bitshares.org/article/2014/12/27/The-Benefits-of-A-Contract-Free-Society/

Bitshares has never had much hype. It had a huge bubble when the market pegged assets was introduced, but never had much PR. Bitshares ran one of the biggest ICO's in history through angelshares, and the funds have all been accounted for and used responsibly and transparently (though they did suffer a huge loss as they held all the ICO funds in bitcoin throughout spring because they wanted their money in crypto out of principle.). The bitshares distribution is also very fair, and even less centralized than bitcoin (the lead devs have a smaller percentage of all bitshares than satoshi has of bitcoin). 50% of the distribution come from a 100% PoW coin, the other 50% from the ICO.

PoS = Proof of Stake

No useless crap like mining needed!!

All coins will be distributed by a faucet!!

Distribution is just started on 26th Dec, and it will end on 06.01.15!!

Learn more: https://bitcointalk.org/index.php?topic=905226.0

Here's the real answer: "Just in case". No one knows if its a waste of time or not. Better to diversify.

Not really a pitch, but I will say take a look at Bitshares.

Why? Bitshares also has a block reward, but unlike a PoW coin, this block reward doesn't go to miners. A small portion goes to the delegates who produce blocks, and the rest is utilised to fund development of Bitshares itself. At current prices, thats almost $3m a year funding for development.

In short, with an inflation rate less than a PoW, it raises funds for itself to improve and innovate.

Nuff said

I have been buying and mining bitcoin since early 2011. I now exchange almost all my bitcoin for bitshares (bitshares.org).

Check it out. It sells itself.  ;)

You give me one for continuing to support Bitcoin POW when it is now uneconomic for any average guy to mine and only those with already large resources can engage in it? This is before we go into why burning computers and energy around the globe is a sensible thing to do. Bitcoin is now in all practicality a distributed POS coin now and functions as such.

So was the POW distribution of Bitcoin fair? The amount Satoshi holds would destroy any POS coin today under claims of Premine and scam.

There's only two coins. Bitcoin and Nxt

Shouldn't this belong in the alt section?

Lot's of quality reasons listed here
http://bitshares.org/the-value-proposition-of-bitsharesx-part-i-core-technology/
http://bitshares.org/the-value-proposition-of-bitshares-part-ii-bitassets/
bytemaster.github.io

In your post, does PoS stand for "Proof of Stake" or http://www.urbandictionary.com/define.php?term=pos ?


Chairman
Federal Reserve of WIP

Reddcoin : improved pos to deal with the issue of inactive nodes, only coin with an all in one browser wallet (setting it up is like a min long and its an extemtdtion with chrome,).

Because pos coin is more secure than POW coin.
When all the bitcoin are mined, there will have no difference between bitcoin and pos coin as nxt.

/thread

The Federal Reserve of WIP will not hold Nxt as a reserve currency (without further comment.)  We do, however, intend to hold BTC as a reserve currency.

Best regards:

Chairman of the Federal Reserve of WIP

Oh no.  Such loss. :'(

"Why would anyone waste their time with BitCoin..." Sept. 2009

"Why I should buy your PoS coin." - Dec. 2014

NXT is pretty much the only game in town at this point.  Do you even hodl supernet bro?

buy now and cry later  ;D

Nxt is dying though.... They have dropped from 5 to 8 and will soon drop to 9 when ethereum launches on coinmarketcap.

An alt coin that sell itself? Doesn't exist. They all need to be hyped up because they don't have anything else. You do know what PoS means? Piece of Shit  :D.

Here's a hint. The coins with the loudest cheerleaders are always the worst buy

rofl, i'm sorry to hear about your ethereum "investment"

Dying? NXT as a POS platform sets a broad foundation for growth in many areas of finance, internet security and tech advancement, having numerous developments and features stemming from and utilizing at least in-part consensus from the NXT blockchain (asset exchange, monetary system, freemarket, phasing, supernet, NXTinside, to name a few).

http://www.nxttechnologytree.com/

The CMC of NXT is not the end target to measure "death" as you so easily propose. Utilization of products and features via a stable and low cost fuel (NXT) is how NXT will thrive and expand its user-base.

Side note: assets from the NXT AE are little nuggets that allow one to increase crypto holding and position (completely under-utilized atm)  ;)

BitcoinDark is a proof-of-stake coin that will allow you to teleport BTC between addresses without leaving any connection between the addresses.

Bitcoindark has other features, but teleporting BTC imo is the most groundbreaking and useful one ^^^


https://bitcointalk.org/index.php?topic=684090.0

Hyperstake will suck your dick.

Trying to sell POS is not easy knowing that POS usually goes for Piece of shit for most people.

POS is to POW

like

Windenergy is to Coal

With both you get Blockchain(Energy) but with one you are depending to much on ressources you want to spend for yourself.

Exactly. There is no real reason to invest in most shitcoins.

To answer the OP's question, there is no sales pitch to investing in a PoS coin because there are too many overall drawbacks as well as drawbacks when comparing it to PoW

Actually bitshares sales itself !.... without ANY marketing efforts !!! (except you thing that bitshares has grow to place 4 marketcap wise because of a couple of funboys)
Now I am confident that bitshares market cap will sky-rocket to first place since it's blockchain has managed to hire some great marketing/dev guys lately !!!  Yes you have read it right !
BitShares DPOS blockchain hired marketers & devs !!!  First time in crypto history a blockchain will pay devs & marketers automatically without the need a human to decide how much and which one to pay !!!

conclusion:

bitshares+marketing+new talented DEVs  (all of them controlled from a blockchain and not humans)

seems at least very promising ...   ;)

https://bitcointalk.org/index.php?topic=721936.0 most promising pos coin. full pos in a couple of days, (~4,000,000)  first glance of op gives impression of 63,000,000 coins but its only 4,000,000. this coin has gone overlooked thus far.

P.S I aint gonna do a sales pitch, what is this? hire a shill thread ???