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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: rikkejohn on January 08, 2015, 01:20:40 AM



Title: who killed crypto?
Post by: rikkejohn on January 08, 2015, 01:20:40 AM
It was always a scam, the greedy weaklings using their cunning  to scam us, one way or another.

The rot with alts started with Feathercoin. Cryptsy didn't help, but Bittrex nailed the coffin down.

Also the BTC exchanges, Gox, Stamp, BTC-e, etc.

You wouldn't leave them in charge of your personal information.


Title: Re: who killed crypto?
Post by: tokeweed on January 08, 2015, 01:23:05 AM
so all the tech created and being developed are just scams too? 

i think this is just the beginning of something big and we're lucky to have discovered this...  early.  there's still more to come.  don't get discouraged now.


Title: Re: who killed crypto?
Post by: rikkejohn on January 08, 2015, 01:25:51 AM
so all the tech created and being developed are just scams too? 

i think this is just the beginning of something big and we're lucky to have discovered this...  early.  there's still more to come.  don't get discouraged now.

Your question makes no sense whatsoever.


Title: Re: who killed crypto?
Post by: tokeweed on January 08, 2015, 01:35:39 AM
it is rhetorical and doesn't need an answer.  just trying to make a point that amid all the scams in crypto, there are real projects that aim to create something great.


Title: Re: who killed crypto?
Post by: Muuurrrrica! on January 08, 2015, 02:16:42 AM
scams are a problem but in the end: bitcoin killed crypto because it wasn't able to hold its value


Title: Re: who killed crypto?
Post by: celebreze32 on January 08, 2015, 02:21:51 AM
Crypto's not dead yet, and there are good and bad sides to most things. There's good new technology being developed through new alts, but there's a bad side, especially the scams.


Title: Re: who killed crypto?
Post by: samatin on January 08, 2015, 02:29:57 AM
It was always a scam, the greedy weaklings using their cunning  to scam us, one way or another.
You wouldn't leave them in charge of your personal information.

Good point, far too many scams, although:

Crypto's not dead yet, and there are good and bad sides to most things. There's good new technology being developed through new alts, but there's a bad side, especially the scams.


  I don't think it's dead yet either, some good alts.


Title: Re: who killed crypto?
Post by: fenican on January 08, 2015, 04:46:01 AM
Shocking that 5000 copy/paste clones of Bitcoin would all fail. Who could ever have guessed?


Title: Re: who killed crypto?
Post by: Cryptonitex on January 08, 2015, 06:08:53 AM
scams are a problem but in the end: bitcoin killed crypto because it wasn't able to hold its value

Even if Bitcoin kills crypto, something will take it's place and replace bitcoin.

Like someone else said, this is an amazing invention and we are lucky to have discovered it this early. Now is the time to invest because when it becomes something bigger, as in it actually becomes a day to day currency that we can get our paycheck with, go to 7-11 and buy a slurpy with then think of what the market value must be in order to run a government.


Title: Re: who killed crypto?
Post by: vince232 on January 08, 2015, 04:54:52 PM
well actually its not dead yet. the one holding cryptos back is the scam coins. if it is possible to filter before a coin can be offered so that no scam coin would appear btc and other cryptos would be in better shape
and although btc has a high value. there arent a lot of people who really understand bitcoins. new investors who only got interested of btc because of the sudden price spike will of course hold btc down
they are not familliar of btc so when price gets lower new investors have a high tendency to dump immadiately the coins fearing they might loose all the money, instead of holding it


Title: Re: who killed crypto?
Post by: cassius69 on January 08, 2015, 04:57:08 PM
this topic is deader than crypto  ;D


Title: Re: who killed crypto?
Post by: Sumerian on January 08, 2015, 05:01:02 PM
No one killed crypto.


Title: Re: who killed crypto?
Post by: bitliterippeernxtdogedark on January 08, 2015, 05:03:20 PM
No one killed crypto.

whos crypto?


Title: Re: who killed crypto?
Post by: gnargnar on January 08, 2015, 05:14:01 PM
why do you want to know who killed it, mister "Hero Member" ?
adapt or die


Title: Re: who killed crypto?
Post by: Amph on January 08, 2015, 05:50:28 PM
chine scammers, or just general scammer, plus the one who own free power


Title: Re: who killed crypto?
Post by: unusualfacts30 on January 08, 2015, 06:03:22 PM
2015: End of Bitcoin & Rise of altcoins.

Fact


Title: Re: who killed crypto?
Post by: rocoro on January 08, 2015, 06:06:49 PM
Like torrenting,  you can't kill crypto(coins).   It will always be here in some form or another.


Title: Re: who killed crypto?
Post by: Cryptonitex on January 08, 2015, 06:53:56 PM
chine scammers, or just general scammer, plus the one who own free power

We shouldn't blame the scammer's we should beat them. Coin's need to become more secure if their going to become successful.


Title: Re: who killed crypto?
Post by: Sumerian on January 08, 2015, 10:30:22 PM
chine scammers, or just general scammer, plus the one who own free power

There are fiat scammers. It's obvious, something needs to happen first in order to make the victim/product more secure


Title: Re: who killed crypto?
Post by: Volture on January 08, 2015, 11:18:04 PM
wasn't me


Title: Re: who killed crypto?
Post by: Pecunia non olet on January 08, 2015, 11:25:47 PM
2015: End of Bitcoin & Rise of altcoins.

Fact

+1

forget that inflationcoin. Sellpressure, sellpressure, sellpressure.


Title: Re: who killed crypto?
Post by: e-coinomist on January 09, 2015, 12:12:35 AM
scams are a problem but in the end: bitcoin killed crypto because it wasn't able to hold its value
Yes and no. Bitcoins still hold some remaining value.

The to the moon expectations had been exaggerated. Take a look at yourself. Do you buy Bitcoins with fiat? Of course not, since the value is falling every week. Do you mine at home? Well, nobody is still that silly to preorder some ASICs. And then there is that purposed darknet use case, but statistics are showing to us 46 sites closed during 2014. No place to carry over your money, unless you darely need to get rid of it.

But BTC still exists, as a proof of concept. Opened the door, which is ... open now. Some other coin will continue where Bitcoin failed I am sure.


Title: Re: who killed crypto?
Post by: SalimNagamato on January 09, 2015, 09:56:07 AM
no one killed bitcoin
many fat wallets are still cashing out
i know i would if invested few years ago

and adoption is happening, slowly
some big companies already accept bitcoin
some small online sites even aceept alts

only time will tell


Title: Re: who killed crypto?
Post by: EvilDave on January 09, 2015, 07:18:15 PM
Crypto's not dead in any real way. Even if BTC fails, other projects will take its place.
Check some history....every new market is plagued by scams at an early stage in its development, usually (as with crypto) just after it begins to enter mainstream thinking.

Even though they are well-hidden in a sea of scamcoins, there are a lot of very solid projects out there delivering quality, security and innovation.
Obviously, I'm going to point at NXT as one of the best current alt projects, but there are others. :o
Bitcoin is also a long way from dead right now, the amount of infrastructure that has been built for it over the last year is amazing.

Talking of infrastructure, I think the main issue we now need to address is how to get more people paid by their employers in crypto-currencies.
The last year has seen the ways in which we can SPEND crypto vastly increase, but why the hell should people get paid in fiat, then have to buy into crypto in order to spend it again? 


Title: Re: who killed crypto?
Post by: EvilDave on January 10, 2015, 12:06:01 AM
And then, as if by magic:

http://cointelegraph.com/news/113273/overstock-installs-btm-at-corporate-headquarters-offers-to-pay-employees-in-btc

Overstock comes up with this.......I feel like Nostradamus sometimes. Nice one, Overstock!


Title: Re: who killed crypto?
Post by: robbo389 on January 10, 2015, 11:19:07 AM
Crypto's not dead in any real way. Even if BTC fails, other projects will take its place.
Check some history....every new market is plagued by scams at an early stage in its development, usually (as with crypto) just after it begins to enter mainstream thinking.

Even though they are well-hidden in a sea of scamcoins, there are a lot of very solid projects out there delivering quality, security and innovation.
Obviously, I'm going to point at NXT as one of the best current alt projects, but there are others. :o
Bitcoin is also a long way from dead right now, the amount of infrastructure that has been built for it over the last year is amazing.

Talking of infrastructure, I think the main issue we now need to address is how to get more people paid by their employers in crypto-currencies.
The last year has seen the ways in which we can SPEND crypto vastly increase, but why the hell should people get paid in fiat, then have to buy into crypto in order to spend it again? 

Maybe lobbying computer software companies might help. Their employees might want paying in bitcoins, whereas non-computer people might be against it right now.


Title: Re: who killed crypto?
Post by: Nectar-AT on January 10, 2015, 12:58:03 PM
Crypto's not dead in any real way. Even if BTC fails, other projects will take its place.
Check some history....every new market is plagued by scams at an early stage in its development, usually (as with crypto) just after it begins to enter mainstream thinking.

Even though they are well-hidden in a sea of scamcoins, there are a lot of very solid projects out there delivering quality, security and innovation.


Totally agree - these aren't the best days for crypto. But a coin like Counterparty, Ethereum or some other new coin no has ever heard about could change everything. Things are messy these days, but there are diamonds in the rough that could reshape the future for the better - our one-stop dashboard makes it easier to find today's diamonds, and tomorrows...

Try NectarCoin's altcoin market alert system (raw online demo). Track and get Alerts on: Big Price Moves, Big Buy/Sell Order shifts, Developer updates, Big Volume Traffic, New listings

From one dashboard - click here

http://nectarcoin.com/wp-content/uploads/2015/01/nectardah3-e1420801521637.png

 (https://bitcointalk.org/index.php?topic=918675.msg10089417#msg10089417)



Title: Re: who killed crypto?
Post by: stellar1 on January 11, 2015, 07:20:16 AM
Crypto is not dead. It is just evolving. Its a different matter the current stage in its evolution is appearing as death to some. Because we placed too much faith in one altcoin after another. Because we believed $1100 will come. Because we believed exchanges with just a BTC address will operate like NYMEX. Because we believed SEC will punish every insider trading case in the crypto economy. Because we believed the conner who offered to multiply our BTCs in 24 hours or days. And so many more beliefs.

If anything, our beliefs about crypto need to die.

Crypto moves on. We need to keep pace. The folks who happen to outpace it are the biggest beneficiaries of the crypto evolution. Feel free to vet this with the events of last 6 or 8 years. 8 years later I am confident the story will remain the same.

Enjoy the crypto ride!!!


Title: Re: who killed crypto?
Post by: unusualfacts30 on January 11, 2015, 07:30:07 AM
Crypto is not dead. It is just evolving. Its a different matter the current stage in its evolution is appearing as death to some. Because we placed too much faith in one altcoin after another. Because we believed $1100 will come. Because we believed exchanges with just a BTC address will operate like NYMEX. Because we believed SEC will punish every insider trading case in the crypto economy. Because we believed the conner who offered to multiply our BTCs in 24 hours or days. And so many more beliefs.

If anything, our beliefs about crypto need to die.

Crypto moves on. We need to keep pace. The folks who happen to outpace it are the biggest beneficiaries of the crypto evolution. Feel free to vet this with the events of last 6 or 8 years. 8 years later I am confident the story will remain the same.

Enjoy the crypto ride!!!

+10000

Crypto is in same state as bitcoin once was. In few years some of altcoins will pass bitcoin in value. Bitcoin saw its good time and returned. Now its time for crypto to make some real changes in this world.


Title: Re: who killed crypto?
Post by: Q7 on January 11, 2015, 10:18:33 AM
No, it was "not" always a scam. Bitcoin is in every way legit. It was the people who created altcoin that also turns to be the one who destroyed it. And bitcoin reputation suffers because of that.


Title: Re: who killed crypto?
Post by: defaced on January 11, 2015, 03:12:01 PM
it was me and my squad THE COLLECTIVE! buahahaha


Title: Re: who killed crypto?
Post by: e-coinomist on January 11, 2015, 03:14:53 PM
Try NectarCoin's altcoin market alert system (raw online demo). Track and get Alerts on: Big Price Moves, Big Buy/Sell Order shifts, Developer updates, Big Volume Traffic, New listings
Big Buy/Sell Order shifts ?
Whoever watches this has to be aware that Orderbooks are no more then mists or fog.

Developer updates? Scams make more update noise, so that's a weak sign at least.

Big Volume Traffic ... when it crashes, the volume is higher. Sure sign to get the fuck out. This is usually way past the first significant price move.

... overall in summary, don't trust those signs or learn to read them better.

If anything, our beliefs about crypto need to die.
Some, not all.


Title: Re: who killed crypto?
Post by: sofu on January 11, 2015, 05:56:57 PM
No one killed crypto. You can still buy drugs with BTC and trade it. Same like 2013.

You couldnt do more with BTC if it would be worth $1000.

Killing crypto != bubble burst  ;D


Title: Re: who killed crypto?
Post by: Baghead on January 11, 2015, 07:26:39 PM
bobsurplus is anally f*&*%$^& crypto so he may have gave it aids  :-X