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There are currently 853 cryptocurrencies listed on coinmarketcap.com
A few years ago it was a simple case of people launching coins with fancy names, doodles and catchphrases. The owners pre-mined for their own benefit, then using pumping and dumping techniques exchanged them for bitcoins for a quick profit. Sadly, later adopters lost out significantly as they watched the newly launched coin decline in to obscurity. I see on the forum here that people are still making announcements about soon to launch coins, again mostly with some percentage of pre-mining.
The sheer number of outlets online and in the real world that use Bitcoin makes it clear there is space for using it as currency in a FIAT based world but what exactly is the end game for the other coins out there? There is more than enough information available to make a case for Bitcoin to be king of the field based on historical records. Other than that only Stellar and XRP have a different approach to the coins listed on CoinMarketCap therefore have potential uses. Stripe and Google respectively back them.
Bottom of the pile at number #853 on the CoinMarketCap list (as of today 12.30pm UK time 1st June 2017) is a certain coin called "bitRUBLE"
I remember a time when Quark was promoting its secure format as the future and was listed in the top 10 at coinmarketcap, now at #171. Primecoin, Namecoin were chasing Bitcoin but they are #126 and #57 respectively. I hear the same chants and cheering about Ethereum that I heard about various others, all drifted away. The list can go but Bitcoin remains top.
There are Bitcoin ATMs and many retail outlets that accept it by using a QR code. I doubt there will ever be an ATM for the other cryptocurrencies. Bitcoin is the base currency for exchanges, it has many uses.
In your opinion, what is the point of the majority of these cryptocurrencies? Why do people continue to launch them when they are doppelgangers of earlier coins even if they point out things they claim are different.
They seem to have no function at all apart from being listed at coincapmarket.com. So many such as CENT/Pennies, Noodlyappendagecoin and Billioncoin have died and no longer listed.
So what is the end game of the coins that are out there?
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It will not be anything like others tho , because the %51 will be held by several hundread people before they were even sold , and they will acquire it by supporting the cause. Anyone is allowed to get in on this point. I think the issue of 51% of coins being pre-mined means people will be put off. Knowing the owner of the coin and some others will have more than half of all coins before launch means this is going back to the days of several years ago when pre-mined coins were popping up left, right and centre. |
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The project will start with %51 of the coins. I only claim %5 of these coins and the rest will be distributed along the way I am not sure how many people would consider giving any time or effort to this coin. Surely pre-mining is the most unattractive feature of all investment possibilities. |
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https://bnktothefuture.com you can find any investment related to cryptocurrency there, mostly big project. But you should research first. I just browsed that site, I never knew about it so thank you for posting the link. I will look in to it and explore options but still hope someone from here might look for funding too. |
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Sent you a PM. I received it but I do not use Skype. Suggestions? |
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As a web developer, i have been able to begin the development process and have gotten every thing necessary. But i will really need someone to still partner with
Features Summary:
Custom wallet to send and receive Bitcoins, and easily create a Visa Virtual card and load it (View balance and view statement)
Then the following will be implemented later after product launch
---> Buy and sell Bitcoin
---> APIs ( Remotely buy Virtual cards and also accept Bitcoin from website, and many more)
What suggestions do you have for me on how to make this project work?
I will be needing Partners who will like to invest in my project.
I would like to invest if it is a viable project. From your initial post it seems promising. Please explain the investment structure neing offered. |
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Hello Everyone,
I would like to invest in a cryptocurrency exchange website or an ecommerce business where crytpocurrency is either sold or accepted as a form of payment. I have money ready on hand to buy a stake in an appropriate business immediately.
Please get back to me with any offers. Hopefully a deal can be made.
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I just saw the blockchain is over 100GB, it will take a long time to sync. I also found three wallet.dat files in total. There are probably a few more hidden away which I will try to locate. The ones I found are named as: 0.002wallet.dat 0.0004wallet.dat wallet.dat I think it is safe to state that one wallet has an unknown amount of bitcoin whereas the other two have a combined balance of 0.0024 BTC  |
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Meaning you have a wallet.dat file and you want to access it. I think you can download the bitcoin standalone wallet and put that wallet.file on the folder something like C:\Users\YourUserName\Appdata\Roaming\Bitcoin . I hope this works.
Thank you k@suy I will download the latest desktop client on to the same laptop and will let it run until it syncs, then will replace the wallet.dat files. As the wallet.dat files were not recognised on the BTCd I ran on AWS, I presumed they would not be recognised if I replicated it on a desktop. I will try and update here when it I have news. |
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So confirming you have a couple of wallet.dat files? If so, then Bitcoin Core is an option... although you'll need to wait for it to sync, then swap the new wallet.dat file with your old wallet.dat. There is also pywallet: https://bitcointalk.org/index.php?topic=34028.0That might help you extract the private keys etc  Thank you HCP I do not remember encrypting the wallets or BTCd when I ran it. I will check out pywallet and what it does because I am not familiar with it, I have been away from the crypto scene for some time. Many month ago I replaced the old wallet.dat files with a syncd BTCd running on AWS but it did not recognise the wallets. When you say Bitcoin Core is an option, do you mean to download the latest Bitcoin desktop wallet, wait for it to sync and then replace the new wallet with the backed up ones? |
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Hello All,
This is my first post here.
Upon using an old laptop I saw 2 wallets files. I remember backing them when I set up a couple of servers last year on Amazon EC2. I ran full BTCd on them. Soon after I deleted my account at AWS.
I cannot recall exactly how much but there are small amounts of Bitcoin on them.
I do remember setting up another BTCd and replacing these wallets with the newly created ones but the wallets were not recognised.
Please advise on how can I recover the BTC from the wallets in the easiest way.
Thank you
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