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1981  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 26, 2014, 09:53:24 AM
Litecoin seems to be firmly uncoupled from bitcoin now (if that's not an oxymoron). Doge also falling. Dark days ahead for both?

Do you not remember way way way way way way back 6 months ago, back when it was the year 2013, long long ago, when LTC was .007 btc? 1/3 of what it is now?

Probably not, that was a long time ago.

Sorry, not sure I follow your point. It's been uncoupled before and survived/caught up just fine, so the same could happen again?
Another fair point, though the landscape is VERY different now.

Darkcoin will never get the mainstream adoption of BTC/LTC

this is all about new coin vitality that you are enjoying now ...if and when it comes on teh radar of any government/political/banking sector it will be firmly stomped on teh head

Enjoy your kiddie fanatsy of smoking cigarettes down the back of the bus Darkcoin coolness... i.e creating a coin that by design is made to launder money & buy drugs is really going to go down well with society & the infrastructural systems that you will need to connect with

Also welcome to teh world of anybody who has/uses DRK are now targets for law enforcement types

DARKCOINS future look really bright to me ...lolz

Never owned a single DRK, never plan to. It was an example - an apt one, given that it currently has #3 market cap.

Agreed, DRK is just another regular hype.

What makes a coin succeed is the infrastructure surrounding it.
Even though privacy may be a factor, no one actually uses darkcoin, or will use it.
Merchants aren't going to accept darkcoin. Litecoin on the other hand, though it may not be technologically different from bitcoin, has a huge
network and infrastructure compared to the other alts.

LTC will be still number 2 when Darkcoin is rotting in the altcoin graveyard where all the other so-called LTC successors are rotting now, Auroracoin, etc.

I predict that LTC, together with the older, more establshed alts, will see a huge price surge in this bubble, BTC-ratio wise.
The older, the more established a coin, the better. Network and infrastructure are the key words here imho.

I agree. Although I also think any coin that can be traded for fiat directly will have a way to survive outside of Bitcoin. NXT for example will have this soon.



I'm happy to stand corrected on this one. (I know, standard procedure is to disappear for a while when a good point is made, sorry.)
Very pleased about NXT getting a fiat exchange soon. I'm more invested there, in both senses, than anything else. I recently sold what few LTC I had for NXT for that reason.

NXT, more than any other coin and ecosystem has already decoupled from Bitcoin.

NXT price is hindered by the lack of exposure - the inability to implement its code into large exchanges like Mintpay due to the fact that its not a bitcoin clone. This has caused the dissemination of coins to be slowed down and a price "cap" to be forced on the coin for a long time now.

However, it has no less than 100 different development projects in the works, more than any other coin besides BTC.

NXT is a long term play, imo.  It might be at around the same price it is today (in BTC terms) 6 months from now. But when it "pops" it has the potential to pop big and have that pop be sustained.

Its definitely the lead dog in the 2.0 world. For now at least.

This is pretty much how I see it. But it's worth noting that it is being badly held back and it's already #5. A lot of good devs, great community, a lot of promise. And not exactly a competitor to bitcoin, either, which could help a lot.
Fiat exchange should improve exposure. Multigateway too.
1982  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 26, 2014, 09:40:14 AM
Litecoin seems to be firmly uncoupled from bitcoin now (if that's not an oxymoron). Doge also falling. Dark days ahead for both?

Do you not remember way way way way way way back 6 months ago, back when it was the year 2013, long long ago, when LTC was .007 btc? 1/3 of what it is now?

Probably not, that was a long time ago.

Sorry, not sure I follow your point. It's been uncoupled before and survived/caught up just fine, so the same could happen again?
Another fair point, though the landscape is VERY different now.

Darkcoin will never get the mainstream adoption of BTC/LTC

this is all about new coin vitality that you are enjoying now ...if and when it comes on teh radar of any government/political/banking sector it will be firmly stomped on teh head

Enjoy your kiddie fanatsy of smoking cigarettes down the back of the bus Darkcoin coolness... i.e creating a coin that by design is made to launder money & buy drugs is really going to go down well with society & the infrastructural systems that you will need to connect with

Also welcome to teh world of anybody who has/uses DRK are now targets for law enforcement types

DARKCOINS future look really bright to me ...lolz

Never owned a single DRK, never plan to. It was an example - an apt one, given that it currently has #3 market cap.

Agreed, DRK is just another regular hype.

What makes a coin succeed is the infrastructure surrounding it.
Even though privacy may be a factor, no one actually uses darkcoin, or will use it.
Merchants aren't going to accept darkcoin. Litecoin on the other hand, though it may not be technologically different from bitcoin, has a huge
network and infrastructure compared to the other alts.

LTC will be still number 2 when Darkcoin is rotting in the altcoin graveyard where all the other so-called LTC successors are rotting now, Auroracoin, etc.

I predict that LTC, together with the older, more establshed alts, will see a huge price surge in this bubble, BTC-ratio wise.
The older, the more established a coin, the better. Network and infrastructure are the key words here imho.

I agree. Although I also think any coin that can be traded for fiat directly will have a way to survive outside of Bitcoin. NXT for example will have this soon.



I'm happy to stand corrected on this one. (I know, standard procedure is to disappear for a while when a good point is made, sorry.)
Very pleased about NXT getting a fiat exchange soon. I'm more invested there, in both senses, than anything else. I recently sold what few LTC I had for NXT for that reason.
1983  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 26, 2014, 09:28:37 AM
Litecoin seems to be firmly uncoupled from bitcoin now (if that's not an oxymoron). Doge also falling. Dark days ahead for both?

Do you not remember way way way way way way back 6 months ago, back when it was the year 2013, long long ago, when LTC was .007 btc? 1/3 of what it is now?

Probably not, that was a long time ago.

Sorry, not sure I follow your point. It's been uncoupled before and survived/caught up just fine, so the same could happen again?
Another fair point, though the landscape is VERY different now.

Darkcoin will never get the mainstream adoption of BTC/LTC

this is all about new coin vitality that you are enjoying now ...if and when it comes on teh radar of any government/political/banking sector it will be firmly stomped on teh head

Enjoy your kiddie fanatsy of smoking cigarettes down the back of the bus Darkcoin coolness... i.e creating a coin that by design is made to launder money & buy drugs is really going to go down well with society & the infrastructural systems that you will need to connect with

Also welcome to teh world of anybody who has/uses DRK are now targets for law enforcement types

DARKCOINS future look really bright to me ...lolz

Never owned a single DRK, never plan to. It was an example - an apt one, given that it currently has #3 market cap.
1984  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 26, 2014, 09:18:36 AM
Litecoin seems to be firmly uncoupled from bitcoin now (if that's not an oxymoron). Doge also falling. Dark days ahead for both?

It was the same in the last BTC runup. First, LTC was falling and falling, LTC doomsday prophecies were filling the air.
"LTC is dead!!!" and so on. Then, the LTC/BTC ratio suddenly jumped from 0.0075 to 0.05 in a matter of 1 week !!!
Same with many of the other alts.

I would never call the end of some alt too early, those little suckers are full of nasty surprises!  Grin

This is a fair point.
However, I do wonder whether the remainder of this year will see the alts better sieved for those that have some kind of value. If bitcoin is bubbling again then I guess a lot of money might come out of the alts for a 'sure thing' propped up by better public visibility.
Privacy seems to be a big deal. NXT's platform I think has got a bright future. What has Litecoin got to offer any more? Is there a reason that DRK shouldn't overtake it, for example?

Oh god, enough with this DRK crap for goodness sakes. Yes, there are dozens of reasons DRK will not overtake LTC.

LTC is a behemoth, with massive dispersement of coins and investors and hash power. LTC is ALSO a medium of exchange between other alts.

When DRK becomes the go to 2nd alt for exchange on BTC-E and Finex and Stamp, then maybe you can start this conversation. For now, though, DRK needs to be worried about MRO and Emunie, which have the potential to stomp a big ol hole its in DRKs head and send it down the road of every other pumped coin.

Perhaps DRK was a bad example. My general point was about why LTC is more attractive than the alternatives - which you answer above. Still, I'm not as optimistic about LTC as you are. Would new money go into LTC in sufficient quantities to allow it to keep up? In the short term, yes. Long run, not convinced.
1985  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 26, 2014, 09:12:30 AM
forging nxt bring only marginal profit if any, at least at the current market activity Cry

Forging is not a get-rich-quick scheme. It provides minimal compensation for the minimal cost associated with protecting the network, thereby benefitting everyone.
I haven't looked into what the numbers would be on greater adoption/price/traffic, though someone else probably has.
1986  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 26, 2014, 09:06:36 AM
Litecoin seems to be firmly uncoupled from bitcoin now (if that's not an oxymoron). Doge also falling. Dark days ahead for both?

Do you not remember way way way way way way back 6 months ago, back when it was the year 2013, long long ago, when LTC was .007 btc? 1/3 of what it is now?

Probably not, that was a long time ago.

Sorry, not sure I follow your point. It's been uncoupled before and survived/caught up just fine, so the same could happen again?
Another fair point, though the landscape is VERY different now.
1987  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 26, 2014, 09:04:45 AM
Litecoin seems to be firmly uncoupled from bitcoin now (if that's not an oxymoron). Doge also falling. Dark days ahead for both?

It was the same in the last BTC runup. First, LTC was falling and falling, LTC doomsday prophecies were filling the air.
"LTC is dead!!!" and so on. Then, the LTC/BTC ratio suddenly jumped from 0.0075 to 0.05 in a matter of 1 week !!!
Same with many of the other alts.

I would never call the end of some alt too early, those little suckers are full of nasty surprises!  Grin

This is a fair point.
However, I do wonder whether the remainder of this year will see the alts better sieved for those that have some kind of value. If bitcoin is bubbling again then I guess a lot of money might come out of the alts for a 'sure thing' propped up by better public visibility.
Privacy seems to be a big deal. NXT's platform I think has got a bright future. What has Litecoin got to offer any more? Is there a reason that DRK shouldn't overtake it, for example?
1988  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 26, 2014, 08:55:31 AM
Litecoin seems to be firmly uncoupled from bitcoin now (if that's not an oxymoron). Doge also falling. Dark days ahead for both?
1989  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 25, 2014, 07:52:46 AM


Oh, igorr. Cry
1990  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2014, 08:32:17 PM


Whales making walls, whales breaking walls. I'm out of words!

You think these are whales??  Cheesy
Remember, remember, the 25th of.. June. >BTC90,000 traded in <4 hours.


https://bitcointalk.org/index.php?topic=178336.19200

Price was much lower then, so raw coin value will maybe never be this high again.

Still, we're seeing 10k coin volume on a good day right now, but in early '14 we saw 70k on the highest volume day. I'd like to  see that kind of volume again eventually.

Stamp?
More exchanges and people buy off-exchange now. So what's a new healthy volume?

people keep saying this, but how do you know? besides say, secondmarket, isn't it all anecdotal? why is everyone so sure that so much is being bought/sold off the exchanges? i am just not sure i believe it.

Anecdotal (but reliable) evidence of people buying off-exchange. Like people who know funds that have contracts with miners.
For proof of more exchanges than there used to be (1: Gox), see all the new exchanges. (Not just fiat, either - remember a small proportion of bitcoin is going into alts.)
1991  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2014, 07:34:25 PM


Whales making walls, whales breaking walls. I'm out of words!

You think these are whales??  Cheesy
Remember, remember, the 25th of.. June. >BTC90,000 traded in <4 hours.


https://bitcointalk.org/index.php?topic=178336.19200

Price was much lower then, so raw coin value will maybe never be this high again.

Still, we're seeing 10k coin volume on a good day right now, but in early '14 we saw 70k on the highest volume day. I'd like to  see that kind of volume again eventually.

Stamp?
More exchanges and people buy off-exchange now. So what's a new healthy volume?
1992  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 24, 2014, 01:08:07 PM

lol yes that's what I mean, mistake...

Sorry, removed previous comment as the formatting was all messed up.
Don't know, sorry!
If you still want some ideas for enjoying the bank holiday weekend I can make a few suggestions.
1993  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 23, 2014, 12:00:47 PM
I am still holding my ripples, i think huge pump is just around the corner..

It needs more than just a pump, much much more, ... like 17 million volts in the neck of that Frankenstein's corpse.


I'm sorry, I know this is puerile, but I always genuinely misread "ripples". r and n look so similar.
1994  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 23, 2014, 07:49:43 AM
hi
Iam new here.
Does the next  the  crypto services platform or it is just new coin?
Cant understand it

NXT is a platform for a wide-ranging digital economy, which also includes a currency.
Other people are better equipped to explain all the present and coming features. For now, take a look at the client and Asset Exchange (built in) and prepare to be impressed.
You can find faucets to send you a few NXT and may even convince people to send you a few assets if you ask nicely Smiley
1995  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 23, 2014, 07:32:48 AM
That was the most important breakout moment and it was completely broken.
The shape of this rise is very different than the pump and dump bull traps that we had all throughout this bear market.
Obvious trend reversal is obvious.


You say bull trap.

Seems legit.


lol

I'm sorry, I should have been clearer when I said 'Bull trap'. What I meant was:
<humour>
Bull trap.
</humour>
I just figured the context made it as obvious as the trend reversal.
1996  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 23, 2014, 06:51:15 AM
Where is TERA amid this froth?  

Yup. Good question.
She's gone quiet from the moment we went up.
Considering she lives in a fantasy world she probably just couldn't believe we went up and refused to buy back in as her buy orders at 280 weren't filled and now she finally woke up realizing she has a big problem.
It's quite hilarious how she has dissapeared since.

Don't worry. She is just calibrating her graphs.
TERA here is a graph for you:


Bull trap.
1997  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 22, 2014, 09:46:45 PM
Over 35,000 accounts now.
Can someone tell me if that's clients actually running at the time, or something else? (It seems a little stable for that.)

This represents the number of NXT accounts that EVER had NXT on them.

Thanks.
Presumably a better measure of adoption than for bitcoin. Is there a better one? Is it possible to count active accounts?

Well a way would be to count all accounts with a balance higher than 10 (so that faucet spam doesn't count). Then divide that by the number of accounts the average person has. (1.5 maybe?) then add all the people that only store NXT on exchanges(many I believe). Overall I'd say we are around 3-5k users.

Far fewer than I thought. But all the more impressive for it.
It would be nice to have reliable figures updated regularly. I guess market cap is some kind of proxy.
1998  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 22, 2014, 09:40:00 PM
Over 35,000 accounts now.
Can someone tell me if that's clients actually running at the time, or something else? (It seems a little stable for that.)

This represents the number of NXT accounts that EVER had NXT on them.

Thanks.
Presumably a better measure of adoption than for bitcoin. Is there a better one? Is it possible to count active accounts?
1999  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 22, 2014, 09:27:05 PM
Over 35,000 accounts now.
Can someone tell me if that's clients actually running at the time, or something else? (It seems a little stable for that.)
2000  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: May 22, 2014, 03:30:17 PM
Wouldn't it be easier to just buy silver rounds/bars, warehouse them and tie the assets to that storage?

Where is the fun?

I guess if pouring 2000deg metal is one guys idea of fun, more power to him. Wink

Who wouldn't love that?! Or the satisfaction of holding a solid chunk of silver at the end of it.

On a different note, there has been an impressive reordering/movements on CoinMarketCap today, though NXT still at #5. I'm curious to know what that says about
1) Anonymity (DRK)
2) Centralisation (XRP)
3) 'Second mover' advantage based on relatively minor changes (LTC)
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