Sure glad I am not invested in either of them, nor do I want to be  Too much hyperbole all round. |
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Ethereum/Ether.
It has not cost investors any unrealized loss yet.
May as well buy lottery tickets, really. |
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I think PoS works conceptually, but the way it's designed has some flaws. A PoS v2 that could address those problems would be very interesting.
Would you care to expand? Like I said, I fair bit of it went over my head, but I think the problem with PoW/PoS is that PoS changes the difficulty in ways that negatively impacts on PoW blocks. I believe Grain implemented fixes for this behavior, and other coins may have done so too, however I'm not really an expert on PoS so you'd have to ask a clued-up developer. Also, when you think about it, an exchange holding a huge amount of PoS coins is going to stake the majority of stake blocks if they're not in cold storage, so they're essentially able to mine coins from the coins they have and sell them on. This is quite harmful to the price of PoS coins. |
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what are you guys talking about.. ltc is now $4.15 and growing
Short term gains do not reflect long term losses. |
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It's been known for awhile that encrypting your wallet prevents staking, but I was unaware there was a fix for this out there.
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In a world without electronics, even gold would become a worthless commodity.
I'm stocking up on tinned beans. Currency of the future.
Really ? why would gold be worthless ? I always assumed it would be the go to currency when fiat fails.. If we're talking just about fiat collapsing, yes, gold would be the go-to currency. If governments fall or there's complete social breakdown, there's going to be anarchy and rioting. There won't be any markets for gold, unless there's some general consensus that gold is a valuable bartering commodity. I think people will be more interested in trading goods directly. I'd focus on having the things needed to survive. If gold becomes bartering currency, at least I have something valuable to barter with, than if gold were worthless, and I've just got pockets full of useless metal. |
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I think the concept is solid, but the way it's executed is flawed.
Grain had a lot of issues with PoS/PoW, because of the way they divvy up the blocks. It went over my head somewhat, but too much of one negatively affected the other. It's probably why you see a lot more pure PoS coins now.
I think PoS works conceptually, but the way it's designed has some flaws. A PoS v2 that could address those problems would be very interesting.
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I think Doge has made its bed, and now it has to lie in it. Inflationary cap? Massive mistake.
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if litecoin dies and never comes back you can close this section up.
Why? There will always be a 2nd place Crypto. |
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I know at least one miner who sold all his mining equipment on ebay after the price crashed. It was a viable business model to some people. A lot of people are left with mining equipment they don't know what to do with.
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is there progress here ? watching this thread 45 days..
Yes, there will be soon. MightyX is just attending to a few other matters, but will be back shortly. |
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I am starting to think so, why would you want any other altcoin when you have ethereum that can do it all?
It doesn't even exist yet. Ether isn't even a currency, it's "fuel". A digital IOU. It doesn't even have a total supply. They could change it at a whim. This is the worst kind of speculation. There's no product on the market yet. Investors can't blame anyone if they lose all it out on vaporware. That's the risk you take. Everyone's hoping to be a part of the next NXT, but unfortunately Ethereum is too complicated, too ambitious, and too convoluted to be an easy sell. |
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Too many holders for it to fail, I think. If it drops too low, there's plenty enough people hedging their bets it will come back up.
That said, Litecoin doesn't really offer anything that most other alts do these days.
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I am starting to think so, why would you want any other altcoin when you have ethereum that can do it all?
It doesn't even exist yet. Ether isn't even a currency, it's "fuel". A digital IOU. It doesn't even have a total supply. They could change it at a whim. This is the worst kind of speculation. There's no product on the market yet. |
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BTC DOWN TO $540? Looks like vitalik is dumping  I mean, come on people, don't you see the resemblance? Pirateat40/Vitalikat20 Hmmm... this is a possibility which didn't occur to most of us but could be legitimate. What was the address of Ethereum's Bitcoin wallet? Even if it's untouched, we both know that Ethereum is not going to sit on $20 million in some BTC wallet - they have some physical office, employees to pay, the angel investors have to be paid, et cetera. Do they even make the BTC wallet address public? I'd be seriously concerned if they don't. |
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You guys don't get it.
NXT is supposed to be a social experiment as well as a crypto currency experiment per its founder's original intention.
That's why a choice was presented to the community. The majority of the community were against rollback and voted against rollback with their stakes, which can be interpreted as the majority of NXT community understand the purposes of crypto and why rewriting history is bad, unless it's a technical issue with software of course.
If no choice had been given, the NXT community wouldn't know who stands for which values. It's best to know beforehand while NXT is still small what the community members are up to, because without a community any crypto currency is dead. If no choice had been given, it would mean developers couldn't be sure in the future if NXT is supported just by profiteers or mostly by genuine enthusiasts. Now they can be sure of the latter outcome.
I loved out how the community came together to vote against this, I felt bad for bter but its the community that makes the coin, not the exchanges. I wonder if coins were insured somehow, will it make a difference in saving bter from this, or it can also lead to abuse of altcoins as well? Deja Vu. Wasn't a rollback considered for a coin that got hacked on Mintpal recently? I agree rollbacks are not in the best interests of decentralised cryptocurrency. Once something is stolen, it is stolen. Takesies backsies doesn't work for crypto. |
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Ethereum is a marketing gimmick, in my opinion, given that Ether isn't even a currency, instead a "fuel". So essentially a digital IOU.
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There's just no point. Any new algorithm that gets ASICs or FPGAs will just die off, and a new algo will take over. There's even talk of X11 FPGAs out in the wild, for heaven's sake.
Bitcoin is the exception because it was the first, and it's just too big to be able to change. I remember there being a talk about what forking Bitcoin would be like, and it wasn't pretty.
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I would say there are more coins that are unique, but the amount of crapcoins is continuing to grow faster than the total number of unique coins. The worthless coins will die off. The worthy ones will remain.
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