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2041  Other / Beginners & Help / Re: There are so many copycats of Bitcoin. Do you think any of them will succeed? on: December 27, 2013, 03:47:50 AM
I believe there are opportunities for additional crypto-based currencies to take hold and present staying power within the market. That said, I'd wager the likeliness of this to be rooted in the fundamental strength and appeal of some meaningful difference between it and BitCoin. There have been several small nuanced derivatives that have considerable following and community support, but the vast majority are simple contrived garbage. Anyone with a rudimentary understanding of c++ can grab the QT wallet source, run a find/replace on the coin's name, edit the images and replace them with their own, and tweak the block reward and halving rate. These will continue to proliferate until the attention bubble bursts. Those with a marketable difference in design or application will remain. Of course no one knows when that will be.

Good spoken, whitejade! That's why I bet on NXT, it has it's own code base and a lot of new features...
2042  Other / Beginners & Help / Re: New Sack-Asic 5.5 Th/s Bitcoin Miner on: December 26, 2013, 11:21:02 PM
The video is fake. I looked up the username he was using on eligius.st and it doesn't exist.

Good idea, then we have proof now they are scammers!
2043  Other / Beginners & Help / Re: There are so many copycats of Bitcoin. Do you think any of them will succeed? on: December 26, 2013, 02:12:29 PM
I vote Yes!

I think few other altcoins will succeed and have you heard about Nxt? 100% Proof of Stake and was built /designed from scratch. It is environmentally friendly when it comes to power efficiency while using an average PC. These are some the advantages of Nxt to other altcoin plus it has a great community support. And Nxt might be the next big thing after Bitcoin.

So we'll just have to wait and see... Smiley


+1  Smiley
2044  Other / Beginners & Help / Re: New to crypto currencies and interested in NXT crypto in particular. on: December 26, 2013, 01:34:00 PM
Yes, NXT is rising fast right now! I think that it has great potential, being no ordinary altcoin, which is based on the bitcoin source. Also the idea to use proof-of-stake instead of proof-of-work to allow a more energy-efficient transaction processing is very fascinating... you can even run a NXT node on a raspberry pi!  Grin
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