I am wondering whether altcoins, attract people to get invoked with cryptocurrencies and whether people once they became interested in cryptocurrencies because of an altcoin now also own bitcoin

my first cryptocurrency was bitcoin, but I stopped mining them after ASICS came out, I did have a pre-order for 2 ASICS devices from BFL, but luckily I was able to cancel my pre-order and get my money back, because they were not up to specifications as advertised during the pre-order.

I then sold all the bitcoins I had mined and lost interest in bitcoin.

But then on youtube, where I been following Bill Still, I heard about quark and this lead me back to this forum and then I started mining scrybe coins and quark and now I am a bitcoin holder again and im not selling them.

anyone have a similar experience ?

and so are any of the 100's other litecoin clones, nothing special in regard to DOGE  about this



Ad hominem attack on the dev , ad hominem tactics usual indicate a lack of arguments, Coingen did not yet exist when doge came to the market



dont see why DOGEcoin is damaging to bitcoin and altcoin, DOGE actually attracted a lot of new blood into the crypto currency scene, that otherwise would not have been here, more then any of the other litecoin clones


No It became popular because of a good meme and original marketing to noobs.


Another argumentum ad hominem, another indication of lack of to the point arguments.



Your just repeating yourself


Ow your sorry for the devs of the other 100 scammy shit litecoin clones, makes sense



Yet another argumentum ad hominen,


So far you have failed to point out with facts and logic why this coin is a scam , other then it is just a pump and dump coin like 99 % of all the altcoins.


ok you want new user to pick anything but DOGE, but 99 % of altcoins are just like DOGE, many even worse since they have 0 userbase compared to DOGE and can only dream about one day becoming like DOGE, if you really want to help out new user that wanna adopt an altcoin, point out the good ones and point out the other 100+ altcoins that are just as bad as DOGE or even much worse.


You might as well have just posted, DOGE is bad, avoid DOGE, that your only message here

Just another sales pitch to pump their coin and make some cash.

It dont take much here to convince some people that this new coin is the next bitcoin or even better then bitcoin

Do you have one example from the entire history of the entire world of a country or region or territory, where there was no central authority ? Does not have to be like government as we understand it today, but there has always been a group of men with weapons that was in charge everywhere.

I figure that if there is a viable alternative to central authority, that by now it would have succeeded somewhere, it has not.

You guys are like we got a new medicine, it will cure the disease, its great, its fantastic it will bring health, ok, has it ever been tried yet ? uhm no, well how you know it works then ? well uhmm, it works im sure it works its fantastic, yeah fantastic indeed.

That's just insane

Im pretty sure that if you buy anything with bitcoin right now at overstock or tigerdirect they have to pay a sales tax on it

Death and Taxes

Well your right about that people don't need to hold bitcoin to shop online, because they have alternatives like Paypal, however since bitcoin cuts transaction fees by 90 % or so , because they cut out the middle man, online shops selling stuff in bitcoin can offer lower prices then shops that use paypal for example. so this could lead to the situation where you can get stuff online cheaper when you use bitcoin.

I do not agree with you view, I think just like in real life where you keep some cash money in your wallet at all time because you might wanna buy something in a shop you see, while you cross town, people are going to want to hold some bitcoin in their wallet just incase they see something they wanna buy when they surfing the web.

If one million poeple decide hey I should have a little bitcoin in my wallet just in case i see something on the net i wanna buy, that will have a huge impact on the price of bitcoin.

well I probably should have expressed myself more clearly, as bitcoin becomes more useful as a currency, more people are going to want to hold some bitcoin in order to spend it on some stuff in the near future,  They will want to hold a little cache of bitcoin, they have to get it first of course, which should increase demand thus drive the price up

Don't worry about tomorrows value of bitcoin, just concentrate your affords on promoting bitcoin as a currency, get more and more companies to accept bitcoin more and more people will see the usefulness of bitcoin so more and more people have a reason to hold bitcoin other then for speculative purposes and the price has to go up in the long term.

Your hard disks weighs more when you write files onto them ? really ?

An attitude like this towards people that wanna learn about bitcoin and are considering adopting it, is not very helpful to say the least.

The number 6 ranked site in the world is seriously considering accepting bitcoin and half the folks here are bitching an moaning about wikipedia WTF

how does one short worldcoin 

Totally unpredictable which coin will skyrocket, if a coin skyrockets it will not be because of any fundamentals, it will be simply because some big pumpers and dumpers start pumping it with a lot of BTC, they got 150 + coins to choose from and they not gonna tell the public in advance which coin they going to pump until after they pre-pumped it.

reverse hash is just nonsense, Ill hash a video file for you and give you the hash, then you have to reverse the hash to the original video file, there is no way this can be done.

not surprised at all, Warren Buffet never invested in any tech stocks because as he said he does not understand the technology and he only invests in things he does understand. you cant expect an old guy like him to understand bitcoin, considering he never understood anything else tech related.

and don't forget this guy also owns a bank, wells fargo, so he probably sees bitcoin as competition

Really good question, to answer this you would need some reliable information about what coins are actually being used right now as a currency. In the lang haul a crypto currency can only survive if people actually hold them because they know they can buy real goods and services with them for the same price or cheaper then with FIAT.

As far as I know the only one that comes close to being a currency right now is bitcoin, but even bitcoin has got a long way to go to really become a currency that you can directly exchange for all the stuff you need in life. But to me it looks like it is getting there as big online retailers have started to accept bitcoin now.

I can't find any data to compare the success of cryptocurrencies in actual percentage of commercial transaction, so really I dont know, It is problematic that the fundamentals behind the crypto currencies are not know and people are just making guesses basically which one will succeed based on the opinion of peers, cool sounding names or memes etc.

Like here in this forum a lot of coins claim the coin is being used in commerce, some even set up webshops and some even set up illegal black market sites, but whether this is just an attempt to make it look like their currency is going somewhere in order to pump its value or the coin is really being used on some scale that counts is impossible for me to tell.

Finally something realistic here in the altcoin forum, especially the maybe part.

But this strategy could actually work, just buy every altcoin shortly before the block reward halves and one or 2 of them should go up in value even if others dont, think overall you should make a profit, if all other things stay equal especially demand, value should go up, but since all demand with these new coins comes from speculators hard to predict whether demand stays equal, so yeah maybe lol