Bitcoin Forum

Or never

Thoughts

P.S. DOGECOIN!

One that hasn't been created yet probably. It would need something that really surpasses Bitcoin.

when you say surpass you have to more specific about that, like if you are talking about surpassing in all over acceptance or surpassing the current bitcoin Rate or something else .
Personally i won't like any altcoin surpassing bitcoin, but it can certainly happen , LTC has a good chance IMHO, or may be some other coin which haven't came to existence  .

If a coin overtakes bitcoin, I don't think it's been released yet. It's also very possible no coin ever overtakes bitcoin ... being first has its advantages.

Coins could easily overtake litecoin, however. I find Darkcoin/Zerocoin interesting.

Etherium is another possibility... it could bomb out, or be really, really big. Usually with threads like this, we get people hawking junk coins that they invested in, so whatever anyone answers... well, they have no idea.

Darkcoin is the far most developed coin with anonymity and GW and all

Darcoin, it's the only coin with any REAL advantages.

Memory Coin 1.0

cancercoin

Credits, obviously.

I'm sure the BullshitCoin will do it...  ::)

I have about 3 Dogecoins.......lol.  Maybe that will survive??
As most people have said, probably hasn't been created yet.  Bitcoin just has too much publicity around it to be overtaken by any other currencies.

Ether will surpass it in price and in acceptance if it does what it says it will do.

If you look at the development plan of NEM and what they plan to do promotional wise, IF these two things go according to plan, it will become more widely accepted.

You heard it here first. And please don't jump on my case before actually reading up on these things, and make emotional comments. READ UP on these things.

They have VERY BIG plans. They are going to be hard to do. IF they pull off what they are attempting they will be more successful than any current coin. I just personally believe the people behind both projects are very capable of success. Do yourself a favor and RESEARCH these coins.


**Now here comes the butthurt Bitcoin and Nxt guys**



     And btw I love Bitcoin and Nxt!!!


OK I'm ready, tell me how I am the reason that cryptos will fail LOL  ;D ;D ;D

Etherium is in the same park as NXT and Ripple. Average Joe will just not understand it. The only people who are really getting excited about these are the techies and investors. I can just about explain BTC to Joe Bloggs, but they wouldn't get these types of currencies at all. They fail because not because they aren't clever or unique or innovative, but because you have to be in the industry to understand them. Your average person on the street has no clue how fiat currency works. How can you expect them to understand Ether?

Dogecoin on the other hand, as ridiculous as it may be, has brought cryptocurrency to the masses. People get it. It doesn't matter how clever your platform is if you can't appeal to the lowest common denominator.

+1 for NEM :)

Bingo! You win. "Best post today" award if there were awards.

The thing about Etherium is... the masses don't need to understand it now. Ideally they wouldn't, until after the fundraising thing. That is when marketing comes into play. And those who bought early can cash out, if they so choose.

This is the exact problems I have had so far with Etherium, NXT and Ripple just too much trouble to use.

The general consumer just wants to go hey i get it and use it, maybe they are targeting different types of users.

From what I have heard

Bitcoin has a huge network behind it providing security that no other coin can match, as far as I know this means the so called 51% attack

Businesses rely on this infrastructure to provide goods and services

another coin may be widely adopted but for business purposes this has to outweigh Bitcoins infrastructure

as for Etherium, NXT and Ripple will they be decentralised, regulated and what are the fees involved compared to bitcoin, I think businesses will look at these factors before adopting a new currency

as for Bitcoin it has a long way to go to compete against a well marketed new currency, whereas the bitcoin foundation and community has to market bitcoin on every corner to ensure success

I do not believe another altcoin will gain the community bitcoin has to outweigh bitcoins success

So simple VERT ofcourse...

Successful?

Any moron thinking that Ripple, Nxt, or any other commercially developed coin will ever gain ground against the endless army of free and happy bitcoin programmers and miners is really out of there mind.

Just like Linux or any open source based things ? I do not really think tha
t any of these current altcoins will overcome bitcoin, but in future maybe someone will develope something really groundbreaking. Also if you think about open source etc out of your box, you surely would understand that avarage Joes doesnt give a jack shit whether it is used or not.

I dont necassary understand what is the point in this altcoin, copycat etc discussion. Anyway the competition and free markets are allways good.

I was mining BTC in 2011, stopped paying attention for awhile, but now super excited about cryptocurrencies since the beginning of the year.
I've been doing lots of reading... so far Blakecoin and Gridcoin seem like the logical successors. And DOGE, of course. :)

This is a waste of a post.  People are going to "talk their book".  By pure metrics LTC has the most utility in that next to BTC it is most accepted my merchants for transactions (not exchanges).  The next is FTC and then it falls off a cliff.

Still think Peercoin could have a good chance, along with Litecoin. Both have very active developers and communities behind them. Still dubious regarding Dogecoin, but perhaps something like Earthcoin could come from behind and overshoot it.

Services like Holy Transaction which can act as a payment processor similar to Bitpay will make a massive difference as to which coins can start to threaten Bitcoin's dominance. The more utilities and markets that coins can make use of, the better their chances of accomplishing this.

Litecoin will overtake bitcoin one day.

If this were to ever happen it would be something so innovative we can't even comprehend the possibility of how amazing it would be. Because nothing that awesome has been created yet.

It is litecoin obviously

darkcoin is nothing, bitcoin itself can easily implement all of the things dark coin has if it chose to and quite easily too.

the problem is darkcoin is going to get itself banned and take down a lot of other crypto if not all of it. US have already said firmly they will NOT accept anon currency. Even BTC is getting pushed to be MORE transparent. Bitcoin will go more mainstream, it's price will increase as more businesses adopt it.



the coin to go past bitcoin is probably not here as yet, nxt could do this but i don't have many of those so i hope not.

then again any currency could just get super popular, one can never see the future.

I like litecoin but exceeding bitcoin is a big ask.  Primecoin could be a dark horse so could ppc.

Of course stranger things have happened than doge coming out on top. It offers nothing new but appeals to younger people and they are the bulk of incoming players.

The correct answer is somewhere around the middle of this article!  :D

http://altcoinpress.com/2014/02/california-passes-bill-declaring-cryptocurrency-legal-tender/

Dogecoin Facebook Tipbot is now operational.

has it not been around for a while...? or just completed now?

Threads like this are both amusing and irritating after a while. Dogecoin, Earthcoin, Litecoin, Goldcoin, or 'whatever coin someone is invested in' is what people will reply with. There is no logic behind any of their answers. Maybe Beecoin, Fckcoin and Sexcoin will overtake Bitcoin too? 

A better thread, IF people could answer honestly, would be a discussion of what coin could surpass litecoin as the 2d most popular crypto? That is doable. Surpassing bitcoin at this stage seems unlikely by any existing coin.

Personally, I don't think dogecoin is going to go anywhere in the longrun. In the meantime it will continue to climb until the meme dies and the developers cash out.

The Coin which will overtake Bitcoin is not born yet. Easy to understand, if a coin will overtake, we will see which.

It's a bit like altavista and google...there was not long time until we know: bye altavista, hello google.

It is born 4 months ago and it' name is Betacoin and every home user
has turned his/her miners to Beta.

Lol, so now everybody post his coin here, right? ::)

I think Nxt or Ethereum make a huge splash this year. They could overtake Bitcoin in the coming years.

Quote
Bitcoin depends on a small network of mining nodes who support their operations by generating a fixed profit of 3600 bitcoins per day.  The available daily operating budget to keep Bitcoin from freezing up is thus $3.6M or less (at $1K/BTC or under) to  generate the current 25 million GHash/s needed daily.  A representative miner “pickaxe” is a Butterfly Labs Monarch costing $2000 and using 350W of power to produce 600 GHash/sec. Thus the current Bitcoin mining network has sunk unit infrastructure costs of at least $83 million and (at $0.10/KwH) ongoing electricity costs of at least $35,000 per day.  

Both costs are rising faster and faster. Exponential growth of Bitcoin’s hashrate (see blockchain.info/charts/hashrate) means mining rigs and energy use will skyrocket out of control, sooner rather than later.  Bitcoin, and clones like Doge, are thus by their very nature destined to fail.

NXT is the sustainable solution to this problem.  By using cooperative transparent forging, not competitive gigahash mining, NXT does not have an exponential forcing function at its core that drives its costs and energy consumption ever higher.  A NXT blockchain support network of 1000 Odroid U3 nodes has a one-time unit infrastructure cost of only $60 thousand and uses only $48 per day in electricity – forever.

XCP (#Counterparty) and NXT the ONLY  really decentralised 2nd gen cryptos (distributed is different than decentralisation)

And the most important - belongs to the community (unlike MSC, BTS, eMunie, Ethereum that are companies)

Ethereum.  Nxt may be the new "gold standard".

Poor pointed out a good case. I've been arguing much of the same, and that's why i rarely listen to people's advice on "What coin is going to be 1 hundred trillion dollars in 2 days"
And soon the list follows of whatever is popular or hyped up at the moment. I remember the last time one of these threads was posted, it was VERTCOIN vertcoin, VeRRRTcoin. Now, vert as pumped and dumped and people are moving onto the next big thing.


In reality noone knows. But if your a noobie, you should not be listening to any of this hype unless you know how to turn hype into a profit. Do not invest in coins you know nothing about.

There are 50 new alt-coins this month, and only about 2 or 3 are actually worth spending time and looking at. I've seen them all, i'm unimpressed.
Darkcoin is a good start for this thread, but no one has taken the time to explain why.





Basic Critera for a decent coin:

1) Active Development Team
2) Active Marketing Team
3) Technical advancements (not just a clone)
4) Community Support
5) Does the coin have all the necessities to be considered a coin for the masses?
6) What does the coin do differently

And the list can go on and on.. you get the point





Several other criteria can be listed here also, but this is a basic off of the top of my head guideline.

Most likely Litecoin

overtake it in what? price? 42 coin is already passed it, at $116k/coin.

Market cap? Devcoin, eventually.

it is NXT!

Betacoin and you should unite under a common network.

NXT Vs. Bitcoin

Brainwallet Accessability
Bitcoin requires storing a digital file (the “wallet”) for use on only one computer. NXT allows knowing a short, ultrastrong password (35+ truly random characters) to access NXT funds from anywhere on Earth.

Network Simplicity
The Bitcoin network requires competitive Proof-of Work (PoW) GHash/sec mining using hi-cost, hi-energy, custom ASIC nodes.  The NXT network uses cooperative Proof-of-Stake (PoS) transparent forging between $35, 4W commodity Raspberry Pi nodes.

Transaction Rapidity
Bitcoin takes 10+ minutes per block for a max throughput of 7 transactions per second (TPS), currently using a 16GB (and growing) blockchain.  NXT currently takes 1 minute per block, with improvements in block timing speedup and routine chain pruning expected to support an eventual 1000 TPS.

True Anonymity
Bitcoin transactions between wallets are recorded forever on its blockchain.  NXT  achieves true transaction anonymity via the no-trust-needed zerocoin (testing now) / zerocash (coming soon) protocol developed at John Hopkins University.

Active Community
5000+ NXTers from 50+ countries are united in a vibrant online community.  We don’t just talk, we act.  We’re growing. Come join us!

NXT First 100 Days – WOW!

NXT’s genesis block was cast Nov 28, 2013.  Only 100 days later, by early March 2014, NXT has shown it’s more than “just a coin”.  A 2nd generation cryptocurrency written from the ground up in new Java code, NXT has rolled out numerous financial service capabilities that will revolutionize the crypto world – and more are coming!  As an alternative to long, complex transfer addresses, NXT offers a text “alias” registration system on its blockchain with over 60,000 registered in its first 100 days.  NXT has demonstrated a push-button interface for new altcoin creation atop its blockchain that allows ANYONE to create their own new coins, not just a limited  programmer priesthood.  Most significantly, NXT has a parallel testnet CURRENTLY TESTING crypto-signed peer-to-peer asset transfer and blockchain streaming asset quotes.  This unique capability offers an alternative to existing exchanges.  Don’t wait on next year’s teenaged ethereal dreams - join us on NXT Exchange TODAY!
  
Speaking of exchanges: almost a billion NXT has changed hands on numerous exchanges such as Dgex.com or Bter.com.  And Cryptsy is coming!  On Feb 8 Let’s Talk Bitcoin #82 at 13:30, “Big Vern” of Cryptsy commented: "[NXT] is not a cookie cutter coin…technical implementation [at Crypsy] is going to take a little more time...it's popular…it’s fair…I feel comfortable with [NXT].”

The NXT Bottom Line

1,000,000,000 genesis block NXT were  distributed to 73 founders who responded with a Bitcoin or less to a Bitcointalk [ANN] investment thread that was public and open for six weeks.  You could have been founder 74.  Now, with NXT only 100 days old, early mass distribution of “coins” from founders to users is still underway at exchanges like Dgex and Bter.  At this writing, NXT costs under 0.1 mBTC each.  Upcoming events which may drive that price higher include release of full open source code on April 4, inclusion of NXT on Cryptsy, announcement of new features, and an ongoing major advertising push by our Chinese members.

NXT doesn’t mine new coins – it forges (recycles) old ones.  NXT node operators (forgers, in the blacksmith sense of the term) use cheap CPU computers to receive transaction fees imbedded in any blocks they create and add to the NXT blockchain.    As a 100% Proof of Stake coin, forgers are selected to forge new blocks in proportion to the total NXT “coins” (or “stake”) they already own.  This results in a small return on investment proportional to your current holdings– like bank savings account interest.

NXT is not a mined, Bitcoin-based price-pop altcoin of the week.  NXT is creating a new financial ecosystem for use in coming years, based on cheap nodes for the common good.

NXT Is Green

Ecological?  Financial?  BOTH !!!

Bitcoin depends on a small mining node network fighting for their cut of  3600 newly minted Bitcoins per day.  The available daily operating budget to keep Bitcoin from freezing up is thus $3.6M or less (at $1K/BTC or under) to  generate the current 25 million GHash/s needed daily.  A representative miner “pickaxe” is a Butterfly Labs Monarch costing $2000 and using 350W of power to produce 600 GHash/sec. The current Bitcoin mining network has sunk unit infrastructure costs of at least $83 million and (at $0.10/KwH) ongoing electricity costs of at least $35,000 per day.  

Both costs are rising faster and faster. Exponential growth of Bitcoin’s hashrate (see blockchain.info/charts/hashrate) means mining rigs and energy use will skyrocket out of control, sooner rather than later.  Bitcoin and clones like Doge are by their very nature destined to fail.

NXT solves this problem sustainably.  By using cooperative transparent forging, not competitive gigahash mining, NXT does not have an exponential forcing function at its core that drives its costs and energy consumption ever higher.  A NXT blockchain support network of 1000 Odroid U3 nodes has a one-time unit infrastructure cost of only $60 thousand and uses only $48 per day in electricity – forever.  

You should look into Quark. What you describe is exactly what Quark tried to solve and is pretty successful so far in their economic model and still keep it decentralized.

Quark stability has been pretty incredible.

Its going to be Tittiecoin

of course Nxt,but Nxt is not just a coin as we know but an ecosystem.

Hasn't been released yet.

None. Some alt may get "close" to Bitcoin if it is collapsing. All alts will come down too.

First Bitcoin must collapse, second a coin comes along with serious backing. Like US government coin if they were smart.

This is true without good support there is no dissent coin. Yes there are several altcoin that can someday only someday maybe suppress BTC but that is only maybe someday.

In this i mean litecoin, unobtanium, dogecoin, nxtcoin.

This is the problem that all people will face, it is to demanding to understand how it works and how is different. But next and ripple are just scams, at least dogecoin who is also an inflationary coin doesn't promote devaluation and centralization as these 2 + they reach to the masses with a correct attitude. If you would understand that because of inflation and centralization of fiat the world economy is going down, would you buy into a altcoin that follows the same basic principles but has all sort of cool features? plus there is always the possibility of human error in the code, where as fiat is a piece of paper, it is or it isn't, very easy to evaluate if it is damaged, fake etc.

If you want people to use a altcoins as a base for money transactions, an altcoin must have enough of coins for everyone, must be super simple to understand, implement, trade, must be very transparent so that people can trust the developers and etc., must be catchy and not to be be considered as a commodity like precious metals etc.

The question is, how many coins fill these criteria?

"at least dogecoin who is also an inflationary coin doesn't promote devaluation and centralization"

Really?  It doesn't lead to centralization?  lol

Do you know how PoW chains are secured?

I've talked bullshit, I know. I'm researching to find a better way of coin distribution. I don't like NXT because of this. What do you propose?

Have you ever looked at how well bitcoin or LiteCoin are distributed currently? NXT currently has better distribution than both of them.

Mintcoin (MINT)

Darkcoin is one of the best coins there is from a technical standpoint.  It's only problem is that it's name and function may prohibit it to a small market cap labeled as a drug dealer coin or something.

That same quality might also elevate it to high market cap by the same users.  After all, Satoshi didn't invent Bitcoin.  Bitcoin was useless.  Ross Ulbricht invented Bitcoin.

Also, I'm not sure if people have rocks for brains in these threads because I rarely see anyone ever talking about economic models.  Many coins have identical models, some are a lot different.  Cashcoin probably has the best economic model I've seen on a coin so far.  If anyone thinks there's a better one, name it, because I haven't seen it.  

No, I don't consider Freicoin viable, because people have the freedom to choose something that will give them more profit, so why bother with that?


Quark and NXT shills get the fuck out.  Everyone is tired of reading your forum spam.  You will rarely see someone with high post count shilling for these coins.  It's always some 1 star poster paid to type this crap from Nigeria.

I'm referring to the centralization that is occurring with PoW chain security due to the centralization of mining power.  I'm not talking about the currency distribution.

Say WHAT?!   ???

You should read and learn, my friend. Subscribe to the NXT Newsletter: http://nxter.org/nxt-newsletter-archieve/

+1
Anyone stating a coin here should defend the items above for this coin IMO...

I believe the major criteria for the sustainability of a coin is a stable value so that it will be widely adopted by merchants.

Yes, it's going to be NXT, serious guys!, Go NXT its amazing, 2nd generation coin with 100% premine and 1000 alt accounts on bitcointalk to promote it.

If anything it would be litecoin and not the cloned types like doge etc.

@litesire LoL :D

Interesting. The ignorance of people is growing exponentially.

The more people getting into cryptocurrency, the dumber the community is.

It is a bright future for the few that have a minimum of knowledge and know how/when/where to invest and make money out of the fools.

auroracoin , the only currency destined to be currency of a country.

This coming from the guy that joined about 3 months ago. 

http://coinmarketcap.com/mineable.html

it goes btc, ltc, ppc, doge. ftc is 8th.

and doge was 3rd place, but fell back to 4th. doge climb so fast. wow. to the moon.

edit:

i see what you mean by "cliffs" - cliff #1: bitcoin. drops to cliiff #2 litecoin. then drops to cliff #3: peercoin & dogecoin. then another cliff.

+1

https://bitcointalk.org/index.php?topic=474757.msg5236273#msg5236273

if you want to check AUR

Take it easy, we will see very soon :)

WorldCoin.
It takes only 30 seconds to get the first confirmation.
It is the most advanced altcoin with great name. Very unique coin.

https://www.youtube.com/watch?v=3q_Pdmz1oGg

nuff said.. crazy people haven't picked it up yet :) soon the explosion will come.. get on the rocket to da mooon

Taxicoin

epic concept
epic logo
epic launch

NXT and NEM are very good candidates.

Darkcoin ain't no Dogecoin. Dogecoin to the moon!

CASH coin is bringing something new, technically unexploitable with difficulty drop scams.

But it makes it un-interesting for auto-switching profit hunter pools as their payout reduces in line with everyone else's right away.

https://bitcointalk.org/index.php?topic=424421.0

FRK (franko)   - great and fair.
FST  (fast)        - very fast and reliable.
WDC                 - Well known
MEC                  - idem.
DBL                   - great coin.
...

These above are good coins and fair.