Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: 0nlyBTC on February 12, 2015, 06:14:07 AM



Title: TOP 3 with MERITS & EQUAL CAVEATS
Post by: 0nlyBTC on February 12, 2015, 06:14:07 AM
This thread is self-moderated because participatory posts that did not meet the given conditions will be deleted and to weed-out useless posts that contribute nothing. 

Conditions:

1. List your TOP 3 Cryptocurrency Coins NOT Payment Gateway Systems & Platforms like Stellar, Ripple, Ethereum, CounterParty, StorJ, BitShares Etc.

2. Only List a maximum of 3 coins or at least one. *You are allowed to list less than 3 if you choose too.

3. Add bullet points to your listed coins, and this is very important: For every Merit explanation you give your listed coin, you have to add a Caveat. *1:1 Ratio = per Merit : per Caveat* - Additionally, you can post as many merits as you please, but keep the 1-to-1 ratio. 

4. One Post per person.

Example post:
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

1. Xcoin
  • Merit #1
  • Caveat #1
  • Merit #2
  • Caveat #2
  • Merit #3
  • Caveat#3

2. Xcoin
  • Merit #1
  • Caveat #1
  • Merit #2
  • Caveat #2
  • Merit #3
  • Caveat#3

3. Xcoin
  • Merit #1
  • Caveat #1
  • Merit #2
  • Caveat #2
  • Merit #3
  • Caveat#3

------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Please Follow the conditions or I'll have to delete your post.

The whole objective to the thread is for people to list their favorite coins and also list the Pro & Cons of their favorite coins. Have fun  :D


Title: Re: TOP 3 with MERITS & EQUAL CAVEATS
Post by: 0nlyBTC on February 12, 2015, 08:17:53 PM
Cool idea if the "caveat" is the parallel downside of the "merit", I'll try:

1.Bitcoin

Merit 1 - classic historical narrative (great story of the Mighty and anonymous Satosh)
Caveat 1 - oldet tech

Merit 2 - upgradable
Caveat 2 - hardest to get consensus (most people to convince) for the upgrade
https://bitcointalk.org/index.php?topic=952996.0

Merit 3 - most users
Caveat 3 - Turtle block times

2. BitShares is not a gateway becasue there is no counterparty risk on the exchange unlike NXT, XRP, & XCP.  BitShares works without counterparty risk like a first generation coin becasue it was born from one.  Which leads us to Caveat #1

Merit 1 - Only Bitcoin2.0 coin that is not just a gateway to 1.0 (as explained above)
Caveat 1 - Everyone still thinks that it is a gateway

Merit 2 - you can purchase bitcoins on the blockchain that will pay you interest
Caveat 2 - it takes an Einstein or Vitalik to comprehend this Wizardry

Merit 3 - It never leaves the Top 5 on coinmarketcap.com
Caveat 3 - no volatility so nobody trades it (no fun)

3. GEMZ

Merit 1 - original tech
Caveat 1 - not available yet

Merit 2 - Paid referrals
Caveat 2 - Sounds like a ponzi pyramid

Merit 3 - Chicks dig the pink diamond meme
Caveat 3 - Boys hate the Pink Diamond meme

Now that I've shared my due dilligence, I hope to learn from other posters here who seem to be only capable of pumping 1 coin, and can never find merits in any other.

Great job thanks for you contribution  :)