All these forks are going to turn bitcoin into a joke as looked at by big business and the media. I'm not sure what these mining whales are thinking but they are shooting themselves in the foot to milk out short term gains. There should only be one bitcoin. Can anyone just go and make a fork of bitcoin now, like any other altcoin?

Who can take bitcoin seriously anymore? Another sign of a manic bubble, in my opinion. Seems like the mining cows that pump proof of work coins  just want to milk as much out of it as they can, while they can. Might be reason to be wary.

$2000 each into the following:

NEM
DCR
ONION
PASC
BCH
LTC

Just one idiot's opinion. I suggest doing your own research because I'm not even done researching.

We may have a short term technical correction to as low as $7500-10,000 but in the long run 500 billion dollars is still a drop in the bucket when you look at the global economy, global debt, global assets, global cash reserves, derivatives, etc.   In fact expect more services to arrive to cater to crypto currencies now that they are starting to get respectable in the amount of money they are dealing with.

It's like a small company that keeps on growing with a massive potential customer base that is untapped. This is what cryptos are basically.

With that said clearly the easy money has been made. I don't see bitcoin going to a million dollars. That kind of market cap would be crazy.

Yep.. investing a bitcoin into PASC is a no brainer given the global marketcap of all the currencies and all the crap that sports multi hundred million dollar plus market caps.

I don't believe anyone can just "become" a static node. I know I tried back earlier in the year.. static nodes closed after a certain block some time ago. I have the coins to start one but I'm not going to pay anyone to start a node like was being discussed months back. In any case, good tech here.

I still think Xtrabytes and PascalCoin have much more interesting technology than a lot of coins valued a lot higher that got better marketing, thus I continue to hold them, along with Ark, NEM, BTC, and a couple others.   I'm not a huge fan of all the carbon copy proof of work coins with simple basic wallets (though I admit deeponion is a compelling coin if they can get their forum software working) or all the new coins which all promise "smart contracts" or vague statements about all the services they offer.

I'm looking for scalability, power consumption, and how useful it is as a currency first. I love the user account and blockchain trimming idea of PascalCoin.  I can remember my account number because it happens to be my zip code, but if you can't you can create any name you want to associate with it, like how DNS servers identify servers from host names.

Xtrabytes has their unique proof of signature.

NEM of course I believe if the best candidate to actually overtake bitcoin as something people can use to buy a pizza with. Proof of stake, low power consumption, low fees, user friendly wallets, fast confirmation times...

Maybe someone will come around and combine the best features of all this tech at some point.

I'd like to see more coins use their CPU power to benefit mankind. Curecoin, a noname altcoin with development that has left the coin long ago has managed to become the number one folding team by far... if one noname altcoin with a $10M market cap can do that, imagine what the processing power used to keep the bitcoin system going could do.

http://folding.stanford.edu/stats/teams

Seriously we had Bitcoin Cash, Bitcoin Gold, though some argue that one's a scam, and now Bitcoin Diamond all within a 6 month time period? In 5 years how many forks will there be? They should never have forked the coin at all, not even once. They should have created another coin with a different name from scratch. Forking constantly makes the whole thing seem like a big scam from an outsider's perspective.

Forking will lead to another coin eventually taking bitcoin's place in my opinion, though hopefully people don't see that hey, anyone can create any coin they want at any time, so why should I buy this particular coin? There's 15 bitcoin forks here in 2019... what the hell is going on?  I like that I can store money without having to worry about unconstitutional civil asset forfeiture, but it seems like the way things are going the blatant greed is showing through.  Just another way for people to create a coin they can dump and make their millions, which is fine.. I like making money too, I just hope this short term focus on gain doesn't harm people's perception of bitcoin as a whole.  In any case as long as the money is there, people should flock in. 500 billion dollars from a global economic perspective is still peanuts. We could have 2 trillion in combined market cap and it's still peanuts to the global economy.

They delete constructive criticism from their main thread and only pump and promote only. I don't trust that.    I was going to participate in their airdrop but their forum doesn't send out confirmation emails in a timely manner. If you're going to insist people confirm their accounts, make sure the system works timely. Also include the tor configuration files with the wallet, don't make people download them. This is simple stuff that should take 24 hours to fix if they had people on board that were actually working on things to make the process user friendly and seamless, which should be their number one priority. NEM's software was light years ahead of theirs 12 months ago.. this wallet is the basic wallet all the clonecoins use. Making people use command line to get their private key? Come on... Maybe it has a future, but if they support tor and privacy, they should also support free speech and constructive criticism. I don't trust them.

I've been out of the loop for awhile but still have my 500ish thousand coins, enough for one of the original static nodes. Better get myself up to speed. This one and PascalCoin are undervalued.   Back in June we were still talking about the static nodes coming online. Are we there yet? What about the second offering of nodes that was being talked about?

If the level one static nodes haven't come out 6 months later... well let's just say yawn... more empty promises from another coin where the people in charge are just dumping and investing in other altcoins?

Pure percentage-wise it will be something under 500 million in market cap. Ark and PascalCoin are ones that I know about. There are many others I have yet to research.  Personally I think PASC should be trading 20-40 times it's current market cap, and Ark should be above Lisk, around $1.2 to $1.5B.

I'd take NEM before Litecoin if you're focused on tech. The reason NEM doesn't get attention is because mining groups decide which coins get hyped.. big money controls the game and NEM doesn't get mined in the traditional sense.  Have they done any work on scalability of any of these cryptos in the last 6 months or are they just pumping out generic garbage based on this and that to take advantage of the hype? By they, I mean new altcoins and ICOs?

Scalability, security, low blockchain size, and low power consumption combined with be the future coin.  NEM takes care of low power consumption and perhaps scalability, though there are other scalable blockchain solutions. PascalCoin takes care of blockchain size because of the user account system.. the actual coins are stored in user made accounts which allows the transactions data to be trimmed after a certain time, keeping the blockchain size around 6GB or so. It's also highly private because the paper trail gets erased at the same time.  Once the transaction is confirmed, the data can be erased because the account holds the funds. Since corporations and governments want traceability, this probably won't be widely adopted, but it can be adjusted to keep a transaction history of say 12-24 months or whatever.

Once we can hit visa levels of scalability combining all these attributes we'll have a good crypto currency.   Certainly bitcoin is not the answer, with 14 dollar transaction fees. Any idiot could tell you this. It might be the gold of cryptos but it's not the tech people will be using to pay for pizza in 10 years.

Also, proof of work is NOT the future of the blockchain. The big money mining operations and people that want to cash in from using CPUs and GPUs to get free coins to hash mathematical equations and consuming mass amounts of power are eventually going to have to step aside... in the meantime they can enjoy their day in the sun as the tech continues to evolve.

The biggest mistake novice investors make is worrying about price and not market cap and shares outstanding. PascalCoin however has both a really low market cap and a low price, and is some of the best tech for an actual currency purpose that's out there. It trades on poloniex too boot. I doubled my position on that one. It should be trading 20X higher than it is.

Finishing my point, it doesn't matter how cheap the coin is if there's trillions of them in existence and the market cap is high.  It's even worse if the company is diluting their stock by creating new shares and adding them to the total. Translating this to cryptos, that would be a coin with a high inflation rate like dogecoin had which made it a terrible long term investment relatively speaking. Super cheap, too much dilution, and nothing but hype by the people promoting it.


Ark and Bytecoin have similar market caps but vastly different prices. They might both do well, but I'd take Ark at 4 bucks before bytecoin at .2 cents. It doesn't matter how many coins you have, it matters how much a dollar amount you have invested and how much the market cap could double or more from what it's at. The price of each coin is irrelevant.

I wouldn't call being the number 4 market cap coin being down the ladder.  Ark has 1/30 the market cap, and less than half the market cap of Lisk even though it's the better crypto than lisk. Ark could double much more easily than IOTA.

There are noname coins that will probably go up 5 fold by pumping groups. Knowing which ones is another matter. I try to stick to the tech, but I do need to refresh myself as I've been out of the loop on new cryptos for 6 months. The little research I've done on some of the new stuff so far has left me rather unimpressed. PascalCoin is absurdly cheap. Beyond that, I have more research to do.

I still love PascalCoin and hold it from earlier in the year. With the market cap so low and trading on poloniex seems like a no brainer to me. I am out of the loop though.. have any other cryptos adopted the blockchain trim and user account number technology?  Basically the account numbers hold the coins allowing the actual blockchain data to be trimmed from time to time keeping a max theoretical blockchain size of 6GB or so.  You don't need to keep the transactions data going back to the beginning of time because once the transaction is confirmed the account numbers hold the funds so the transaction history can be erased. They call this a "safebox." This also allows privacy because the transaction history will be erased after a period of time... with Pascal there is no paper trail going back to the beginning of time with ever expanding blockchain size.

The accounts themselves can also be traded for value because some people desire certain account numbers more than others. I myself happened to find an account number of my zip code for really cheap and bought it some months back.  They are now looking into allowing you to use whatever name you want for the accounts as well.

"One of the key new features of PascalCoin is that accounts can have unique names which are publicly visible, much in the same way as the domain names system. This allows a user to receive funds to their email address or chat moniker.

It allows a shop to receive payments to their domain name or brand name. Payments still refer to accounts via numbers, but the name is used to lookup the account number just as a domain name is used to lookup an IP address."

It's definitely lacking marketing exposure which is it's major weakness, but the tech is very solid and development continues for a coin with such a paltry market cap that should be trading 20X or more of what it's at, in my opinion. . PASC

I'd be more inclined to purchase precious metals if the chinese weren't busy making fakes in large numbers.  Then you have to rely in dealers and people with the skills to detect these fakes to get them off the market. This artificially inflates the "supply" of precious metals by people who don't know any better getting conned into thinking they own gold only to discover in 25 years their gold is not real.   Yes you can fork bitcoin and create any altcoin you want from scratch but you can't make fakes of any given coin.

https://www.cbsnews.com/news/chinas-latest-export-boom-fake-gold-coins/

https://www.youtube.com/watch?v=oCoiv6UST1s

In any case an asset is worth whatever someone is willing to pay for it. Period.

PascalCoin is ridiculously undervalued given it's technology. I can't believe it's listed on poloniex and hasn't participated in the rise this year to any significant degree. It should be trading at 10 times or more it's current market cap.  Go out there and get yourself your own custom account number, buy some coin on an exchange and move it in there, and see the power of being able to keep the blockchain limited to a max size would have. By keeping the coins in the accounts you can trim the blockchain after a time.. you don't need a complete history going back to the beginning of time.

I'm out of the loop though.. I haven't been paying attention to the crypto market since the market cap was $130 billion.. a lot of coins that were top 100 didn't do much. I need to get back in the loop, but personally I think this rise to $15,000 was kind of ridiculous.

This was another sign there was a huge bubble. When I go 3 days without looking at coinmarketcap and there's a dozen new coins I don't recognize it's a sign that the market is frothy and people are throwing money at anything and hoping it sticks. This thread should be pinned indefinitely. Best explanation I've come across. There's a lot of naive people in the world who are trusting of what others say.. I've learned to take what they say with a grain of salt.

You look at china where they will clone anything and everything... they even clone PCGS coin holders along with the coins and try to pawn them on ebay... they'll surely scam you if they're willing to try to scam coin collectors out of thousands of dollars... they don't care about anything except money in their pocket.

Nice pump we had. I should have bought up a ton when we were at $65B when I last posted but life happens, it's hard to be online around the clock and I did not expect the pump to be so aggressive. It was mostly based around the top market cap coins, particularly ETH which was very oversold last weekend.  You snooze, you lose.. you have to learn to make the trades even if you end up wrong and have to get stopped out. I still have trouble buying when the charts tell me I should...

In any case I'm not going long here after such a large pump... we could go up but from a strict technical perspective I'd be silly to invest after the pump and with the charts as they are.

This, except LTC will be in the top 5, because so many people have faith in it and it trades on exchanges like Coinbase. Ethereum is the latest fad and brings nothing useful to the table besides Tokens, all of which are mostly money grabs.

The never sell crowd is giving bad advice.