This is an education issue and Bitcoin suffers from it.  Bitcoin only has 1-2 million users when there's at least a billion people with regular access to the internet.

I think the difference NEM has from other alternates  is something called Proof of Importance.  PoI is the nearest equivalent (in equality) to Bitcoin CPU mining in 2009.  Yes there are currently CPU mining coins in 2014 but they can be gamed and exploited in several different ways.

No the time to had bought was a few weeks ago during the $5 million IPO.   Myself I wouldn't had been involved as I stay away from all these overvaluation IPOs like Mastercoin (failed), Maidsafe (barely grew beyond IPO), Ethereum (Goldman Sachs' Vaporware) and BTSx (crashing or undergoing correction).


Cryptos is full of greedy people who think capitalization is everything when it is not.  User adoption is more important and BTSx has failed in that sense as 99% of their volume comes from China and worse yet it's alleged to be from a few private funds in China.  

I read about this on another forum.  It's not the corporate tax but the US taxing oversea corporate income which is the issue here.  It's also just the head offices which only employ dozens or hundreds.

Corporate taxes are lower in Canada, do not tax oversea corporate earnings and white collar professionals are cheaper to hire in Canada.  An Accountant Controller working for a huge international company like BK in the United States can command like $300K in benefits but their Canadian equivalent will only receive like half of that.  Part of that has to do with the health insurance but also just the hiring competition in the US between all the large corporations for the few white collar professionals.  The end extent of this certain companies like Microsoft, IBM and Google sign agreements with each other to not "poach workers".


This is expected when signing NAFTA and the emergence of the digital age - American workers became too expensive to employ.  All the blue collar work went to illegal Mexicans or people in Mexico; all the white collar work is slowly migrating to Canada where educated white collar professionals are abundant and don't command wallstreet compensation.

What happened to them creating a brand new thread every 20 minutes?  I thought this was going to replace LTC?!   

The US still does not have a supersonic missile as far as I know, while the Indians / Russians plan to release the hypersonic BrahMos 2 in 2017.

Not sure if it changes a whole lot.  My assumption always had been if WW3 broke out that the US navy would be anchored in Alaska or somewhere remote so it wouldn't be sunk.  The years it takes to construct a naval vessel it's not worth the risk to expose them to actual fighting.

AFAIK that isn't Robocoin who is forcing it but them including it as an optional feature.  I've used Robocoin several times and never had to insert my palm or government ID, mind you it's possible they took a screenshot of my face or a finger print when I was using the touch screen.

Owners might be using it due to local laws or just using it because they want to inconvenience people.

The problem with all this spying and archiving is because it becomes moot after some point.

1.  Terrorists overseas are already untouched by the US law - so why do they care?



2.  Mark Karpeles has already been busted sending encrypted messages on the otherwise very public twitter.  Could any encrypted message be broken?  Yes but when we're talking about the scale that the NSA is resorting to it would mean a logistical nightmare for them.



If I recall some German agency made their employees switch over to typewriters but they could had just resorted to some encryption or some secret OS.

Franko was previously criticizing the war saying many of the men in the sent into the ATO were unarmed (sounds like the Tsar's army in WW1) and they had to ride around in buses.  There shouldn't be a shortage of weapons in Ukraine as there are stockpiles from WW2 and the Coldwar.  How hard is it to get a truck and weld some steel plate on top like the Americans did with their Humvees in Iraq?

It seems to be this could be like Nationalist China or South Vietnam.  No incentive to burn up your troops or use your equipment stores if the Americans keep on sending you money and supplies.  I'm starting to think the ATO is just a way for the Ukrainian Government to get freebies from NATO and to get accelerated into NATO and Europe.

http://coinmarketcap.com/currencies/views/market-cap-by-total-supply/

Litecoin is #6 on this list.

It's forgotten but NXT hit a peak of $110 million.  


I'm watching Coinmarketcap to see if BitsharesX can go over this mark or not.  The nearest I saw it go was $107 million (I saw it hours ago) and then it dipped down to current $89 million.  It's around 2PM in China, so maybe this is indication that the Chinese funds have been dumping since morning?

I have an idea which developer you are talking about.  One of them admitted on twitter (or was it an interview?) that he had a lot less BTC than everybody thought he had.

I looked up Bitcoin dealers online while reading this thread.  I only found one person with any reputation (and four others without rep) that was selling for physical cash.

It's a choice between the ATMs (which mark up) or an unknown cash dealer who marks up and then could just be a crook looking to mug somebody.

The IRS has proven that it was can levy retroactive taxes.  They event sent a 100%+ bill to certain people due to declaring mining as self income, penalties for not paying the prior year and then capital gains on the difference.

 The scary prospect about Bitcoin is your country may decide: "no wait you weren't suppose to pay capital gains.. you are supposed to pay the "digital currency tax" we just made up which is 80% on gains.  Please pay up or else.."

When did Ripple retain a $100+ million capitalization?  I thought it was hovering around 40 for awhile.   Did they perform some stimulus / bail out of their own?   

I was referring to BitsharesX.  It grew as much as $50 million dollar before bitassets was even unlocked.  It's clearly a speculator pump from China and there hasn't even been enough time to make ascertain that it works or will get any attention / use by the mass crypto.

BitSharesX thinks it's the first coin that ever boomed before some feature was unlocked and thinks it'll be immune to the coming dumps which predictably come afterwards.

This innovation stuff is all pump rhetoric.  Adding in bells and whistles doesn't accomplish much in these anonymity and asset arm races as you'll be outdone.  Some months down the road NXT may outdo Bitshares' asset system or some upcoming alternate will do it.  

Innovation is not a proprietary thing in cryptos unless people recognize patents and they have the means to enforce them, which they never will as long as developers can remain anonymous or reside in countries untouched by intellectual law.

Chinese volume was never 99% of Bitcoin.  IIRC back then it was never a majority.  Even today it's only at 40%.

I'm convinced without Chinese volume Bitcoin would still be $100s.  There were other factors in the boom.  Like the Silkroad fiasco removed over 1million Bitcoins from the volume and that resulted in a huge deflationary effect.  There were also allegations that MtGox bots were pumping.  Bitcoin was partially legitimized through the Winklevoss twins.  Services like BitPay were emerging.  There's were technically a lot of little things adding up.

Yeah the Quark used to be #3-#4 and Mastercoin was like #3 at one point and said the samething as you and what happened to them?

It's great that BitsharesX is suddenly popular with a few private funds in China but that isn't sustainable when they pull out and/or the PRC bans it.

That's unintentional nitpick, no?  BitSharesX is presumed to be at a peak of a volume pump while LTC has been stagnate for months.  LTC months ago had certain days where their volume exceeded Bitcoin.

Most sound minds would agree with your conclusion and it is why no alternate will "kill"" Litecoin.  There may be an alternate which could surpass LTC's capitalization but that is an entirely different thing.  LTC will always have value being a compliment to BTC.  A third compliment could be BitcoinDark but that's a marketing challenge (I have no association with BitcoinDark or any stake in it).

Lol 99% volume from China, no thanks.   Inb4 Chinese Government Ban.  Inb4 Chinese dump.  Inb4 butt hurt.

http://coinmarketcap.com/currencies/bitshares-x/#markets