Every alt coin is priced in Satoshis on the exchanges, if Bitcoin rises and everybody held their coins, the value of alts would go up WITH BTC. And not only that, but if they held them, the alt marketcaps would grow and it would add more value and liquidity to the cryptosphere as a whole.

i'm investigating an old alt coin that hasn't had a update in months, all the online nodes and wallets report wallet protocol versions as 70013 which I think is a standard Bitcoin protocol?

 Recently though one has been popping up on the explorer with a version 0 protocol. I've seen it come online twice now, both with the same IP address. Is there anything that would explain this? Could it be a new version being tested in secret?

[this means that only 59,200 people in the entire world could own $100k worth of bitcoin]

Courtesy of Brian Kelly, author of the Bitcoin Big Bang

http://bitcoinbigbang.com

Is It Sustainable?
In short, yes.  There are two reasons why BK thinks the bitcoin rally will last 1.) Limited Supply 2.) Halving Day. First lets address the limited supply – the total amount of bitcoins that will ever exist is 21 million, but there are currently only 14.8 million in circulation. The remainder of the coins will be minted over the next few decades as payments to miners who confirm and process transactions.  The positive news-flow has certainly increased price speculation and the limited supply exacerbates the move.  One way to look at the limited supply is to look at how many people could amass a stake of $100,000 worth of bitcoin.  At current prices (~$400) $100k is 250 bitcoins. Since there are only 14.8 million in circulation, this means that only 59,200 people in the entire world could own $100k worth of bitcoin.  When one considers there are 11,000 hedge funds and 7,000 mutual funds (total 18k), if they all wanted to buy a tiny stake of $100k they would take up 30% of the total supply.

One thing to add, of those 14.8 million "in circulation" remember 1 million belongs to Satoshi and are locked up, potentially as many as 2-3 million maybe be lost forever on dormant hard drives, a few million are held in strong hands leaving only a couple million for actual trading and up for grabs by weaker hands.

http://www.cnbc.com/id/102815706


This is a historic first I would say isn't it?

It seems to have been building up this way for awhile but I think with alot of the in-fighting among Bitcoin developers and the fact LTC seems to have had no drama to speak of for the last few years the Chinese are hedging their bets on Litecoin as the future. Call me crazy but it is entirely possible we could see LTC one day reach Bitcoin-level market caps. What does everyone else think?

I won't ask how wealthy/not wealthy you are, but if you acquired BTC at an insanely cheap price and managed to hold through all the several price rises and crashes to late 2013 when it hit an upwards of $1000, tell me, what was your secret to having such strong hands? And did you sell or are you still holding?

[Here is the evidence below, and maybe I shouldn't go too far down the rabbit hole but I've been wondering if there is any connection with his twitter handle being DarrenMan777 and his wife's being Hezaa777 to NXT asset king JL777? Well i'll let everyone else figure that out.]

As some of you may know from this thread and the NXT forums, Altcoinherald had issued assets on the NXT platform and had been paying for some months and then early this year there was a huge dump out of nowhere and the website has shuttered its services. Now I knew who the guy was before because he pissed me off with a few of his manipulating and fudding articles on his rag of a website but seeing as he now ran off with people's money and has been trying to scrub any ties to ACH I have to make action. So here it is, this is the trail that ties him to ACH.

His name is Darren Mclaughlin from North Olmsted, Ohio. He used to have his info up on his google+ which tied him to dogecoin herald, his first site however it has since been scrubbed https://plus.google.com/117609910276044523569/about

Here is the evidence below, and maybe I shouldn't go too far down the rabbit hole but I've been wondering if there is any connection with his twitter handle being DarrenMan777 and his wife's being Hezaa777 to NXT asset king JL777? Well i'll let everyone else figure that out.


Here is his Facebook:

https://www.facebook.com/darren.mclaughlin/about?section=bio



Here is evidence tying him to altcoinherald

https://www.pinterest.com/pin/11470174026150144/



A "shout out" to altcoinherald on twitter

http://webcache.googleusercontent.com/search?q=cache:up_1GVQz-BYJ:https://twitter.com/altcoinherald/status/463032157066129408+&cd=2&hl=en&ct=clnk&gl=us





Here is where things get really interesting. Apparently he has been running this long con with his wife, Heather. Here is evidence of their articles written for altcoinherald

http://websiterecord.com/dm/altcoinherald.com



Darren is owner of mosthost.net his web business, evidence tying him:

https://plus.google.com/+SheilaBDuBois/posts/918ogcgzpi4




Mosthost giving a shotout to ACH



Here is his grandmotherly never would scam anyone wife's ties to mosthost

http://www.slideshare.net/MostHeather



Here is archived tweets of Darren talking about his loving wife, another scrubbed twitter account, @hezaa777

http://webcache.googleusercontent.com/search?q=cache:4pb3r6Ed15cJ:tweettunnel.com/DarrenMan777+&cd=1&hl=en&ct=clnk&gl=us&client=safari



Here is his wife's facebook including a blurb about dogecoin herald, their original "venture".  Notice the username, hezaa777?

https://www.facebook.com/hezaa777?fref=ts



Oh look, look whose lovely face was on the Nxt forums scamming everyone for ACH assets

https://nxtforum.org/profile/?u=2527



I wonder why Darren needed the money so bad? Maybe the foreclosure of one of his properties is the reason?

What would the Sheriff think of your practices Darren?

https://www.dln.com/sheriffsalesforeclosure/details/id/276157



And here such an upstanding citizen ain't he

https://about.me/MostDarren#

It is not a gimmick but the next step in crypto-tech.

The 3 coins working on it as far as I know are Bitbay, Syscoin and Shadowcash and of course OpenBazaar as well for BTC.

Any others to add or commentary?

[In a sea of shitcoins and scams I feel Maza should be getting more attention.]

Not sure how many have been paying attention but Mazacoin is now the number 2 coin for network hash behind Bitcoin and I suspect one of the reasons for this is now after a year of FUD and drama, the tribe has finally voted to support the coin, this makes it the first cryptocurrency whose developers are working in direct tandem with a sovereign government to further its development and use.


https://www.facebook.com/Mazacoin?fref=photo



If you need further proof google Jake Little and his position on the tribal council and you'll find on his Facebook he has been conversing with Payu

https://www.facebook.com/profile.php?id=100000228975843&fref=ts

https://www.linkedin.com/pub/jake-little/26/742/5a9






In a sea of shitcoins and scams I feel Maza should be getting more attention.

Am I the only one who doesn't get how miners think they have to shut things down the moment Bitcoin becomes unprofitable? Do gold miners quit mining because they haven't found gold in a few weeks and are not making much money?

What is the point to mining but to speculate, if I dropped out of crypto everytime I made a loss then the market would go nowhere. This is capitalism, nothing in life is certain and handed to you on a silver platter. Write it off on your taxes and hold your coins and hope for next month to make up your losses and then osme.

I don't own any but it's funny to see people on hearing getting their panties in a wad, calling it a scam, centralized crap, etc. when this forum is nothing but full of alt coin scammers and naive kids who give away their money to scammers and fall for the same thing again week after week.

If only this much energy had been spent in cleaning up the alt market, hell better yet, instead of whining about corporate coins or a lack of volume, go buy an established, respectable coin that's been around for months. But right, that doesn't pump within a week so hence I can't make money there fast...

http://www.nbcnews.com/news/world/pakistan-school-attack-taliban-militants-kill-126-peshawar-take-hostages-n269011

Maybe this will motivate the government to finally root out the sympathetic elements in the ISI and go clean out that rat's nest in the mountains once and for all.

...when they have thousands of dollars of ink tatted all over their bodies and up their arms.

This is what people mean by the "entitled" culture. People think a paycheck is meant to blow on fun stuff while the government picks up the tab for your basic necessities like food, housing, healthcare or child care.

I won't lie that I didn't get some satisfaction out of his canning.

280 one day, 350 a few days later, now heading back into the 300s?

This is the kind of stuff that gets us made fun of in the mainstream news.

If officer Wilson did indeed kill Michael Brown in cold blood....why didn't he shoot and kill his friend Dorian Johnson, the main witness to the shooting too? Dead men tell no tales...

I mean how much more coins do you need, the vast majority of Bitcoins are still owned by a circle of only a few thousand people, do they really feel the need to pump and dump just to get more? At what point is enough is enough, hell i'd appreciate it more if they brought some of that BTC into the alt game if they really want to play around and pump some other coins up for profit, at least seed the money around elsewhere in the crypto world if you want to make more BTC.

http://www.truthrevolt.org/israel-revolt/hamas-un-us-account-sundays-school-attack-looks-be-pallywood-production#.U9-0K1-GWtw.twitter

http://pjmedia.com/tatler/2014/08/03/was-a-un-school-in-gaza-really-bombed/

This reminds me of the Hezbollah war back in 2006 where the same green helmeted "UN worker" was photographed carrying around the same dead child to multiple location for a photo op.

http://shoebat.com/2014/07/29/rare-footage-muslims-create-literal-river-human-blood-butchering-1500-innocent-people/

Now tell me again why we aren't flying overhead with some A-10 Thunderbolts and spraying these 9th century barbarians with hell fire yet?

http://www.liveleak.com/view?i=b9d_1406821438

Beyond F'ed up.