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60% isn't exactly true, the amount is large but not that large. Some BTC is inevitably already lost. However I believe a large majority of this is forgotten BTC, and will soon be rediscovered, and depending on when it's rediscovered it'll either be kept or promptly sold.
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A lot of people are spending BTC they bought just recently or acquired through jobs, etc. The early adopter slice is much smaller than you think.
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I'm not being funny, but any resemblance of a serious discussion has gone from this thread, not that it was there to begin with. The clashes between the shills for different coins is absolutely ridiculous. BTW, for anyone who actually wants to have some serious discussion about Altcoins without the FUDing or Shilling you see in this thread, go to the No FUD/Shilling/Trolling thread.
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Pretty sure BFL_Josh made that post after this thread was made, rofl. I don't know what timezone Bitcointalk and the BFL Forums use, if they're the same, then BFL_Josh made that thread 12 hours after this thread was made.
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It's your average GPT (Get Paid To) site, the same as all the other. It's just that people saw BTC pop up and saw a new niche of GPT sites open up, which is why you see all of these BTC-related GPTs popping up now.
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Soon any coin will be anonymous of they want it. It will be a given that a coin is anonymous.
I still see a battle among 'systems' rather than 'coins'. It will all come down to market share once crypto goes mainstream. One person might use to NXT to hold their assets and another might use NEM or Qora. They won't compete because they will ultimately do the same things. But the Black Swan that no one is talking about is if a big name walks into crypto later. It's game over if Apple or Google produce a wallet that can hold digital assets. I believe it's inevitable. Hopefully not though cause they would not let go of centralised access if they can, maybe even convincing people it's not safe if they cant access the blockchain.
That's a risk I used to worry about near the end of last year - but I expected a big fiat bank to dive in. Silly me... I think it is inevitable that a very large name will eventually get into crypto. However, that doesn't spell centralization and the destruction of everything that crypto stands for. |
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My personal frustration that has seriously made me wonder if ai want to be involved in alt coins anymore is the case of Qora. A complete new code that has shown itself to be superior to NXT technically on many levels is completely overlooked because it's marketing is completely lacking. I personally am not technical so you have to go research to know in detail why, I want to put more substance but I'm working secondhand from others I respect. Anyway, I've come to the conclusion that marketing is all that matters and anticipation and convincing of some future time a coin is valuable.
Newsflash, Bitcoin is the only coin that is going to be accepted in the mainstream we are just developing the system that people will use to hold a bitcoin and other assets. Can you imagine as the mainstream gets familiar with Bitcoin then they are told about even the quality coins like Darkcoin and Litecoin, people will just say this is all a joke we can't put our money in this. But people don't care about reality they want to believe in yet another dumb coin with dumb promises.
All I want is a wallet that in a user friendly way can hold my assets, ie Bitcoin, Fiat, precious metals and maybe a few other exotic assets. A bunch of second gen coins can do this now, we don't need any more, it's like having a hundred Facebooks to choose from.
I think the real issue with Alts is that people view features as the new way to get rich like the early bitcoiners did. This point is something I really agree with. People will be people and if they see a possible way to get rich they will take it. That's partially why Altcoin IPO scams are so successful in conning people out of their hard earned BTC. |
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Their hosting is still serving me well, so I will vouch for them yet again. Only reason I haven't upgraded yet is because I don't need the extra monthly traffic yet.
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The general consensus as stated several times by Theymos and the rest of the global mods is that you should take it a step further by establishing your forum.
A great first start though.
~BCX~
I would, but previous experience and observance shows me that everyone says they want an altcoin forum, but when one shows up, they just ignore it. Those early adopters have to come from somewhere. The same thing happened when I made an alternate bitcoin forum (which eventually shut down, it actually still has some hosting, it's just un-used). |
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i'm sorry about this picture but you said :
"Serious Altcoin Discussion"
on bitcointalk.org
... It begins.  You must like to stay busy, DiamondCardz. Good luck. I guess he just couldn't help himself, eh? We will see how it goes. |
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The Alternate cryptocurrencies forum is a mess. Anyone who denies that is an idiot, but at least we can try and get some resemblance of a serious discussion thread. I really admire rpietila's Altcoin Observer and I don't see why this can't be applied to a thread for general Altcoin Discussion and News, rather than just the market/prices. The Altcoin Observer does contain some general discussion about Altcoins but as a whole I feel like it is more of an overview on what to invest in rather than a global Altcoin discussion. It also does obviously contain some level of bias due to that (which is good for that thread due to it's subject, obviously, but would not be good in this thread if I showed bias). This thread will be a project to see if we can get some quality Altcoin discussion going. Here are some examples of what could be posted: - Overview of technology offered by an Altcoin - is it good, bad, unique, or a copycat?
- Price predictions (on a lesser scale than the Altcoin Observer, and also with no shill spam such as "DOGE GOING TO THE MOON!!!!". All predictions need evidence)
- Updates to an altcoin (may only be posted ONCE. A repeated post which only says "this altcoin just got this" a second time will be deleted. A repeat post must have a detailed overview of what it means).
- Recent major issues that arose with an altcoin (premine discovered, bounty fund dumped, etc. Must have 100% positive evidence or it will be deleted. No FUDing with some crap evidence you found on a FUD thread).
Here are my rules, too. - If I delete something it was for a good reason. Whining about it will result in a thread ban. Posting past a thread ban on a self-moderated thread can get you banned from the forums. Need proof? This is a PM I had from a global mod:
[...] if you have a self moderated thread, and someone continues to post after you delete their comments repeatedly, you may verbally tell them that they are no longer allowed to post in your thread, if you tell them and they continue, they will be banned. [...]
- No FUDing (Fear, Uncertainty and Doubt). This means posting insults or bad things about an Altcoin without 100% amazing proof that can not really be disputed. Saying something like "x coin is going to crash, SELL SELL SELL" is FUD and will be deleted on sight.
- No shilling. This means hyping a coin with no hard evidence behind it (see above), sometimes while insulting coins that are "rivals" to the coin you are hyping. Sure, if something really great happened to the coin, like you donated a few thousand dollars to a charity, post it. But only with undeniable proof. Else it will be deleted on sight. And like I said above, only once, after that if you're going to continue talking about what happened to x coin you need to give an overview on what it now means for the coin.
- No trolling. This covers anything which is just there to piss people off, insult people, etc. Instant thread ban.
- I don't care what your signature says. It's the substance in your post that matters.
- If you're going to quote a large post (>=300 words) then you need to cut out some parts to reduce it to under 300 words. Use [...] to show where you cut out parts of the text.
- I may add any rules to this at any time and I reserve the right to delete posts or thread ban for any reason at any time too.
I will try to stay mostly out of discussions on this thread, but I may chip in on things such as new technology offered by an Altcoin every once in a while. For the most part, if I do have views (like/dislike) for an Altcoin, they will be kept out of this thread. If I delete your post 3 times in a 2 week period, you'll be thread banned. I'll keep track. Let's see how this goes, eh? |
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I'm referring to the people who lost money due to TF.
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TF was likeable too, till he stabbed the people who trusted him in the back.  People who trusted him were stupid, there were plenty of obvious signs pretty much everywhere. Why didn't you warn people then...should have made a thread with evidence of those 'signs' and maybe his damage may not have been as big as it was. I did. I made many posts including but not limited to survey's and polls asking if TF was and then accusing TF of being a scammer. With hindsight there were a lot of warning bells. I think what people forget is that, like stated before, TF was very likeable. Lots of people who used CoinChat loved TF and deposited all their BTC in inputs.io and CoinLenders, and promptly lost it. TF wasn't afraid about dropping a few BTC into CoinChat to raise his rep - he made it back, didn't he? |
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Brilliant. Absolutely brilliant.
I also love how before this contest, no-one dared to give negative feedback to the BFL accounts in case it fired back on them. Now look at them, eh?
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Or have a wallet which takes inputs over a threshold amount, say $20, and creates a transaction which breaks it up into smaller inputs by sending it as outputs to various addresses inside of the person's wallet?
>> EDIT: DannyHamilton already said this pretty much, I skipped over that bit.
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Sorry let me clarify. During the past few short months that I've been here, there was only one instance of a loan over 1btc besides a few of my loans. I'm sure in the past before I was active in this section, there were a lot more, your 1.85 btc being one of them.
You use it to trade btc, but what if it moves against you, or you make bad trades? You're also mainly involved in altcoins, which majority of them are pump and dump failures. You offer collateral in altcoins (which ones specifically?), but what if the collateral value tanks during this 30 day period? All of these that I just mentioned result in losses, so in the event it does happen, how will you pay back the loan if you lose all or most of it?
What I do for some of the loans I give out, depending on the case, is to force the borrower to have a plan of repayment and also provide proof of income/mining. So perhaps you can provide the same to boost up a lender's confidence. Proof of income is one thing, actually sending it back is another matter, so we won't get into that.
Large loans happen here. I used to police the Lending forum quite vigorously and I still check it occasionally, so I know the scene. |
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I do realize that people honestly do enjoy using Altcoins. I personally do involve myself in a couple, but I still prefer not to go around shitting on other coins. And honestly, I would've thought by now that people would have stopped investing in IPOs. The amount of scams isn't enough of a turn-off?
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Bumping this as it might still stop a couple people from wasting their time trying to get a loan with no collateral. Obviously, scammers are scammers and they'll still attempt to scam, but this sticky will stop some people from wasting their time.
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Yeah, it's very infeasible to crack 13-14 characters. You would have to be extremely lucky. Like SgtSpike said, you probably had some kind of malware on your computer, such as a keylogger.
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Indeed, in my opinion btc-e is very shady and I wouldn't want to deal with them. This isn't the first time I've seen issues with btc-e pop up regarding support.
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