Bitcoin Forum

As someone who has invested in Bitcoin, Litecoin, Nxt, Digitalcoin, Darkcoin and a host of other innovative currencies, I have plenty of experience when investing in new coins.


What I look for when investing in a new coin is something innovative, something that will bring something new to the table.


Bitcoin was the first.
Litecoin had scrypt mining - bitcoin is a lot harder for the common person to make any money mining than Litecoin was before scrypt asics started rolling out.
Nxt improves on Bitcoin
Digitalcoin had fast transaction times
Darkcoin has anonymity



And now I believe the next big coin will be Curecoin - bigger than all its predecessors. What it does is takes the transactions of Bitcoins and its advantages while at the same time using the hashing power to do something useful - protein folding to help cure a variety of major diseases such as cancer and alzheimers.


What I believe this means is that when a company is looking and saying should we adopt Bitcoin or should we adopt Curecoin, Curecoin would give them much better PR and give the company a much better image meaning the company is more likely to lean towards Curecoin. (this is in the future of course when Curecoin is bigger). Curecoin also has new features such as POS that encourage people to hoard coins reducing the supply.


Curecoin's unique and innovative features plus extreme power - it is already folding at 7 times the rate of the second place folding @ home team renowned graphics card manufacturer EVGA, gives a sign of its extreme potential.

More so, Curecoin allows your scrypt rigs to run quieter and use less power because of its more effective folding code which stanford has been working on for 14 years and also how it uses your graphics cards. My 7950 is currently running at 99% GPU utilization and getting 100,000 PPD (half the PPD of a Nvidia 780 ti - so this coin works equally for Curecoin and Nvidia) and still only has the fans running at 60% which maintains the temperature at 72 degrees centigrade.


Well there you have it - this is why I think Curecoin will beat Litecoin in the near future and maybe in the years afterward beat Bitcoin.

We get it, you're a bagholder of curecoin...

Actually I don't have nearly as big of a stake as I do in other currencies.

Sadly investors are here to make money not to help those in need...

Yeah bummer:(. However, I think because this coin supports something it worthwhile it will gain more support and make money for people who invest now. At the current price I'll put in $150 tomorrow - that's all I can afford for now.

There is a similar coin on the Ripple network, by the way: http://www.researchsupportcoin.org

This. It's disgusting.

http://www.reddit.com/r/scamcoin/comments/1wz2u4/cancercoin/

Cough your username cough cough. Please don't spam your coin in other coin's threads. But neat idea I am a fan of WCG.

Curecoin only a few development work, but through the way of integration to achieve the cure mode.

 "Curecoin to beat Litecoin!"

let's get serious here , this crap will never overtake Litecoin.

Dream on...
Lite coin is here to stay and about CureCoin I am not sure

Honestly not too sure about LTC anymore. Yes I am a bag holder of LTC.

It doesn't really have any benefit over BTC at this point except for speed and there are alternatives which do a better job but yes it's been around a long time.

I would like to think that Curecoin will be appreciated for what it is (a coin that actually benefits us all), will have a following, and that it could be a top 5 coin.

My Top 5 would be (not in order), BTC, Curecoin, NXT, eMunie, DRK. Perhaps maidsafecoin if they actually follow through with their project.

I'd say dream on that LTC is here to stay...ASICS are starting to drive the price down it was just boom cuz it was new algo and "second" altcoin.

darkcoin has a better chance to do so, litecoin is beatable, seeing how it doesn't offer anything new anymore, because no difference between scrypt and sha256 now

Do you have a particular reason for this?


Darkcoin got a head start and it does have some advantages so I think it will get their and I like the anonymity of it but I've been hearing some not to good things recently. I'll just hold my current stake.

What do you guys think about Nxt?

Litecoin has been around much longer and is seen by the community as being Bitcoin's silver. It's much more than just a coin, and what it contributes or doesn't is irrelevant. It's going to be tough to kick it off the pedestal people have put it on.

But dark did it. However cure is not dark, so...  :D
Anyway thanks author for his effort  ;)

yes a horribly launched premined coin will overtake Litecoin.

funny thing is that litecoin was instamine even worse lmao

And the premine was for the folding and no one has access - if the developers tried to take any you could sue them in the US.

And as was already said - litecoin launch was worse.

I disagree. I think coins that don't contribute anything will eventually die out. I think when it no longer contributes anything it will die out (such as scrypt not working anymore). Still it will require effort.

Is there really any direct statistical correlation between a pre-mine and the success of a coin ?

I believe bitcoin was extensively pre-mined, & people here are saying litecoin was majorly premined.

a lot of junk/scam currency use the pre-mine as one of their strategies, but it seems a premine, in spite of it's dangers, is not in & of itself the kiss of death.

The pre-mine doesn't affect it because it depends what percent and what it was used for. A lot of junk coins use it but good coins that have it (such as Litecoin) use it for something useful to further the services that accept the coin ect. which is why it isn't the kiss of death.

So by that logic you also feel that Bitcoin is going to die off now, right? I just can't fathom that, being that there are hundreds of millions of dollars invested already and many other big-name people are coming on board. If either of those died, I would be pretty amazed.

China seemed more enthusiastic about litecoin than the west. There seemed to be more litecoin infrastructure there.

I think it's slow reduction in crypto's has hurt litecoin proportionally more than bitcoin.
Also, it's going to be interesting to see what happens to litecoin when the block reward halves, sometime in October.

Darkcoin's anonymity features can be built on top of Litecoin. Darkcoin is horribly launched and premined trash.

I'm sort of with you on this. I haven't really seen any pushes for Darkcoin other than "hey, it's anonymous!" Any coin can have that added. They haven't really done any marketing or anything I'm aware of, so the pumps that have been going on I think are just temporary.

Fair point - but I doubt they will add it on to Litecoin especially because I think Darkcoin could die soon and if it does everyone will forget about it.

I agree that lots of coins could have it added (bitcoin already does with Darkwallet), but it innovates every bit as much as litecoin.  They're the first of their kind doing their own thing.

I don't know much about curecoin, but it sounds neat.  I wonder if the proof-of-work is truly random/secure though, or if it's going to be problematic like gridcoin.  If the problems you're trying to solve aren't that random in nature, they can be less useful as proof-of-work algorithms.

Their is a huge list of problems we are trying to solve and then the one your particular computer is trying to solve is more random I believe. Litecoin and Darkcoin as still the first of their kind - and curecoin has a lot of the problems that existed with gridcoin removed.

see how gridcoin grew (and prepare for major release on monday):
https://bitcointalk.org/index.php?topic=623761.new#new

This^^

Most of Litecoins in existence are in the hands of a few users.

But people like El Dude rant about any coin that he missed the "train ride" on. It's pathetic.

Yup - but I'm ok with Litecoin like that - unlike most people on this forum I think developers should get a few percent of the coin for their work.

Though why are so many developers against the developers gettng some money.

Saw a 70 btc buy wall for curecoin yesterday on poloniex, I don't know if it means something for you guys but for me it does...

I don't think they'd add it to Litecoin for a different reason: while anonymity is somewhat important, the government would try to crack down on that. We need to be open to them being able to see what is happening, otherwise we've already seen how easily they can knock out exchanges and take other companies off board.

NXT and the rest of Proof of Stake vaporware cannot be decentralized... People are too easy in buying junk they know nothing about

Proof of stake is the less important thing in nxt, if you don't understand what nxt is, I'm sorry for you, you seem to stay in the group of people which you are talking about.
I don't know what's you interpretation of decentraliced, but one of us should be wrong
Nxt is the first ecosystem which will allow a full economic system over it, it leaves bitcoin completely obsolete and when people realize and starts to understand nxt it will surpass bitcoin easily.
And for all of those which are complaining about distribution, with the same money invested into nxt as in bitcoin, you will earn around 200 times bigger percentague of total coin supply, I mean, for new investors, they always will have less proportion of bitcoin than nxt if they decide to invest in one of them. Bitcoin have even poor distribution "or similar" to nxt, the only problem is that this forum is full of miners which only can process "mine->dump->profit" and everything which isn't earned magically with their gpus is bad, am I wrong?

buy gridcoin too and the other one..ripple i think? ..you know those altcoins connected to science

So tell us what is the most important then... If the blockchain cannot come into consensus because of POS .... then the rest of the features are useless...

I mean, it's irrelevant if nxt is POW or POS, me, personally, see POS more secure, is in the holders interest to protect the network, and if an attacker want to kill the network will have to invest many more than to attack any POW coin. Would you have a different opinion about nxt if you can mine it with gpu? Give me some convincing argument against nxt which isn't a problem too in any other crypto.

PD: Sorry for the offtopics in this thread, but I feel the need to discuss with people criticizing the innovation

For me it is very relevant that is POS. If it was PoW I would be ok and I would support it.

My issue is that is actually not secure at all..

In PoS, you use your stake to determine the longest chain thus total cumulative stake on a chain is the one to make other clients follow that chain.
Say currently 5% of the stake is used to secure the network. An early adopter/exchange/group of people/stake pool with more stake (more than 5%) at some point in the coins history (the people might have sold long time back) can create a parallel  chain and reverse the current chain by showing more cumulative stake. How do you get the current chain with this decision mechanism? It cannot be decentralized... No matter what  the approach is the attackers can repeat the steps of any PoS approach...  

You only need to own the keys at some point in the past. For example, a person who deposits/withdraws multiple times from exchanges (think of exchanges using multiple addresses and withdrawing money from different accounts) can get the keys for a lot of stake ownership in the blockchain history and use it to create an alternate chain. Exchanges own a lot of stake in their history... Pools do the same.... and many other services...

The system will always be dependent on past stake ownership and this is a bad solution to propose to the world who dont understand much. From centralized banks to centralized devs decision making.

I feel that you guys hype something not sound at the base to make money. Focus on innovation but on a solid basis

TL;DR I support innovation but not at the cost of centralization. Past stakeholder will always control the fate of the coin unless you have human intervention aka checkpoints.

I don't want to blunder here "cause lack of knowlodge about the math in POS", but I think this is being talked here: https://nxtforum.org/general/how-does-nxt-fix-the-nothing-at-stake-problem/ (https://nxtforum.org/general/how-does-nxt-fix-the-nothing-at-stake-problem/) and seems that this problem is solved or is very very difficult to reach cause cumlative difficulty, take a look and feel free to discuss it there, constructive disscussion is always good :)
In addition, now, with leased forging, there are much more stake forging, so I think you approach is even harder to succed
Anyways, if you are convinced you could bid for that account https://nxtforum.org/general/how-does-nxt-fix-the-nothing-at-stake-problem/msg26169/#msg26169 (https://nxtforum.org/general/how-does-nxt-fix-the-nothing-at-stake-problem/msg26169/#msg26169)

wow i would like to try this one now :D
want investing for future

I wouldn't agree with OP even if CureCoin would be the only "mine for good" coin. There are primecoin, gridcoin, and now curecoin. Neither primecoin nor gridcoin was able to beat LTC. All three would deserve that as these coins doing something useful, but LTC has too much investment, too big hashrate, too big "installed base" to be beaten easily. Certainly it's possible to hype and pump it "to da moon" (as we seen in the case of auroracoin) but I'm afraid that won't last long.

Lets hope it works out for you. But I don't see any economic basis for it to be rewarding.