Don't worry, more Cyprus-like bail-in events coming to a bank near you in the next few months/years will ensure Bitcoin will become more expensive and hence will gain in popularity.

You can never have a fair distribution, because some people will always be late to the party I bought some at the exchanges and think it's still cheap. If you look at bitcoin/litecoin/dogecoin distribution, they are no fairer, and now that there are Scrypt ASICs, coins will go to whoever has more dough to buy that hardware. There is no such thing as 'fair' when money is involved. Just get over it and buy some or regret not buying later

I am not a dev, but I suppose yeah, if any algo is compromised, it can be removed completely or replaced with a different algo. I read in their Announcement thread that they plan to add another independent CPU-only algo to the mix. Thus a hard fork is possible, and new algos can be added/old ones removed like plugins. On the other hand, if sha256 or scrypt is ever compromised, then sha256-only or scrypt-only coins are under danger, because they don't have other algos to fall back on to keep the network running.

But let's wait for devs to clarify, we're only guessing.

Litecoin reached almost 0.05 ltc/btc back in November, since then it's been falling, and is now half that price.

Dogecoin reached 0.00000280 doge/btc a month ago, since then it's been falling and is now half that price.

Both have had their moments of dead-cat bounces recently.

Dogecoin just does everything faster than Litecoin, rising, falling, building websites

But the race is still on. I believe it will be clear in a few months who wins. But right now, both have fallen about the same percentage-wise from their peak values, so it's an interesting battle to observe. Only one of them can survive when dust settles

Ok, so I take it as yes, myriadcoin is technically more secure and less easy to attack compared to bitcoin.

You've seen my balanced portfolio thread. Well, then, what are you waiting for? 

NXT is the bitcoin of PoS cryptocurrencies. You can be an early adopter and buy now at a few cents, or wait and buy later at $1+. You can clone it, but you can't clone infrastructure/network/websites. Same goes for Bitcoin, it's ahead of altcoins, because they can clone the code, but can't clone infrastructure.

It turns out BTC has more issues with avoiding 51% attack and selfish mining than Myriadcoin, that's what makes Myriadcoin potentially more secure and superior to Bitcoin. If you can't accept this fact because you're emotionally attached to your BTC, then you don't have an open mind, that's all, and that makes you an amateur investor, bound to lose in the long run.

So... You will swap NXT with something that is not even available/working yet? What is that supposed to mean? NEM is just 3 letters right now, I never heard of POI, can you give me a link? If POI is same as NEM, not working yet, please don't bother with the link. What makes you think something that doesn't even exist yet, except as a 3-letter abbreviation, can be better than its forefather? You're funny


As for fees... I heard they are working now on fractional numbers, and soon you'll be able to send fractional amounts with 0.1 NXT fee, and then the fee will be reduced to be equal or lower than bitcoin fee, so that's not an issue.

Myriadcoin is indeed interesting.

It would be great if some independent party could answer my questions here:
https://bitcointalk.org/index.php?topic=522096

Because those points I raise could be a huge marketing advantage.

Bullish.

The only thing I am wondering is whether these savers will find courage and determination to pour some of their capital into safer assets before they are fleeced or will they wait like a frog in a slowly boiling water and let themselves become meat.

Can someone confirm?

Selection principles: technical innovations, what makes a coin different from others, community support, merchant adoption, network size, market share, trading volume.

First tier:

1) Bitcoin - 50%
2) NXT - 29%, because first 100% Proof-of-Stake, many cool features already now and in the future.
NXT Decentralized Asset Exchange just launched!

Second tier:

I had to choose only one Scrypt coin out of dozens. After all, they all don't bring any more innovations, the only innovation is the hashing function. I had to choose between Litecoin and Dogecoin. In this topic I outline in a few posts why Dogecoin beats Litecoin.

3) Dogecoin - 18%

Third tier:

4) Protoshares/Bitshares - 1% - potentially decentralized exchange, etc.
5) Myriadcoin - 2% - potentially largest network of all coins, since 5 independent algos, and potentially more resistance to 51% attack/selfish mining, but this needs clarification from experts.




Please add to my list based on what makes your coin of choice valuable. Please do NOT add any Scrypt coins. Only 1 Scrypt coin can qualify, and that position is already filled. It can be Litecoin in your case, I don't care, just don't add more Scrypt coins, as that would make Second Tier options unnecessarily redundant. Try to stick to the selection principles I posted.


I don't think having more than 10 coins in the portfolio is a good idea. Having more than 10 coins probably means the investor is a bit confused about how to choose the leaders. Personally I like to keep it at 5 coins or less to stay focused.

what, no expert miners?

Guys, prices of coins are not related to whether the network has ASICs or not. Please stop reiterating bullshit you heard from someone. Period.

Exactly! With that in mind, remember Dogecoin had volume exceeding that of bitcoin back at the end of January/beginning of February, then it crashed 50%? I guess it's Litecoin's turn now  sorry for this painful truth, dude.

Yeah, lots of volume, lots of dudes unloading their litecoins onto unsuspecting bag-holders.

especially no lack of LTC mouth-pumping dudes in these parts 

... and Has Ended. No casualties, no awards 

You should have dumped your overvalued LTCs on suckers a few hours ago when it was peaking, too late now, not for a good price at least