Investment Gold is $2 trillion, $4 trillion asset gold, Dot.com was $7 trillion in late 1990s, recent housing bubble was $10 trillion, there's $37 trillion in investments world wide, $400 trillion in derivatives.

Not inconceivable that Bitcoin could hit $1 trillion and then a whole host of alternatives could be worth $1+ billion each.

Having a 1/1000 market cap isn't inconceivable.  Value of LTC is 1/7 of Bitcoin.  NxT and Dark are like 1/300 value of Bitcoin.

On that note if Bitcoin were to hit $1 trillion then LTC would be worth $142 billion.  NxT and Dark around $3.3 billion.


There's always the Myspace-Facebook element too, some obscure crypto could become #1 or #2 in the future.

Many of those coins only had $5K to $50K volume in a 24H.  Then came along Stellar which did almost $500K in one day, Ethereum with the cash slurping machine at the front door and other odd coin or two which is undergoing huge gains.

Not inconceivable that people are cashing out their alternates to invest what they perceive to be better opportunities (whether that's a long term hold or a pump-n-dump).

There's television shows about airport security and border offenses.

Sneaking in money happens all the time and it's largely people from developing countries where capital control forbids them from transferring funds abroad.
 
You can essentially get $USD cash anywhere these days but sending money from your bank account to an account abroad is another.

Bitcoin is a theoretical way to get around this (like all the Chinese who were buying in 2013) but this is an obscure technology when considering there's only like 1 million users.

You're all kidding, right?  ISIS is not Al-Queda or the Taliban, ISIS is like the first international terrorist organization to have a huge social media presence and they supposedly have $2 billion in cash.  They've definitely heard of Bitcoin.


Iraqis owning Bitcoin is like Argentines owning Bitcoin.  In theory it sounds possible but in practice who wants to exchange their Bitcoin for some worthless currency?  They're supposedly paying $1000 equivalent in Peso for Bitcoin in Argentina..  in Iraq they'ld have to pay like $2000+ equivalent in Dinar.

If that's the case then how come we don't stumble across more rich pumpers?  I think maybe they get lucky on a few pumps and lose it on others.

I suspect the rich alternate holders are developers with huge premines or who bought into advantageous IPOs.

Delete

Last I heard Ora is going $50 a stake and that was a completely free distribution.

Mind you people had to wait months I think to get their Ora versus this Stellar which was 24 hours (well until that waitlist).

Most alternates are doing poorly atm, everyone is dumping to get into Ethereum and/or Stellar.

You missed the other scam fads.  When Maza and Aurora were hyped as the new coming - practically half the alternate section was threads about them.



You wouldn't even believe the stuff that was spewing back around Maza.  Especially with all the UIs who were claiming that the Lakotah were adopting it as their currency and that they were a sovereign independent country (as in on the world map) and people believed them..!!

Aurora Coin was a capitalization scam as only a mere fraction of one percent was actually tradeable and this was before Coinmarketcap filtered away untradeable supply.

https://stellartalk.org/topic/684-top-str-holders/?p=6435



From their official forum.  Total supply is 100 billion.

Stellar sits on a 97 billion premine
Stripe sits on a 2 billion premine

Number 3 - 10 is not clarified, quite likely they are insiders of Stellar-Stripe who assigned themselves tens of millions of Stellar.  Alternative explanation is these are wallets belonging to professional blackhat hackers who were able to use thousands of Facebook accounts to acquire millions of Stellar at a time when each Facebook account was given 10K Stellar without verification.


How many people still think Stellar is a good buy?  You only get thousands from signing up and you're buying 10K-100K when there's Stellar-Stripe ("SS") sitting on billions and then individuals who already own 10+ million.

It's actually a 99.6% premine and they control 93% of the tradeable supply.

Stellar said their plan was to distribute the coins but they've already cut down on the amount of Stellar they are giving out.  This is turning out to be another Ripple, which is not surprising as Ripple made tens of millions (if not 100 million by now) for its' owners and Stellar won't be any different.

In ancient China they had a bureaucracy exam lasting days and would put toilets under the test takers so they could crap whilst simultaneously writing their examination.

That's what credentialism is becoming in the west, in a nutshell.  In 20 years you'll need a PhD just to work at McDonalds.
  

You wouldn't get a concrete answer as most people have agendas and are often peddling their bagholder coins with $5+ million capitalization.  A lot of people promoting their $hitcoin have 5%+ stakes in them.

It's a 99.6% premine and they control 93% of all tradeable Stellar.   The distribution was also gamed by a lot of blackhat hackers and then there were people advertising on Indian websites to sign up to get $5 and some guys collected millions of Stellar doing that.

As well Stellar plans to give out coins to Ripple holders and the people who own tons of Ripple were the ones who created Stellar, so they're going to get 5 billion coins plus probably another 10 billion just for holding Ripple.  

Max Coin - I keep forgetting about that one.  That was one of the original Suckerberg coins.   Did Max Coin ever advertise itself on the Alex Jones' show?  Would be hilarious if someone can find out.   

If he made that much at past companies then why isn't he dedicating himself fulltime to XC?  As in parading around in social media?   The payoff would be a lot more.  Vitalik just made $15 million.  

Well you need a lot of trust in this community.  An individual doesn't have the time to download every wallet + accompanying research and see which ones are scams or not.

If I compare the things from the Dark community with the XC community, then given all the rhetoric and facts I have seen I would buy XC over Dark. 

The real question is actually how much faith do you have in these anonymity-rhetoric coins.  I think crypto currencies will be worth $1 - $2 trillion in a decade but how much of that will be dedicated anonymity coins and how legal will they be? 

Survive is the wrong wording - I bet Phoenix coin is still alive to some extent.

Because money made Mastercoin and Maidsafe hit $100 million, right?  Oh wait it didn't..


There's plenty of fake volume in cryptos, especially when you have angel investors and other rich people looking to run their own ponzi scheme, but it's another for it to actually hit the $100+ million ballpark and stay there.

The issue with coins like Ethereum is by the time that coin launches there's no ROI for subsequent investors.  Why would anyone buy at launch day when Ethereum is $20+ million when there's no guarantee it will go higher than $50 million?  Capital is a limited resource for most people unless you're an private fund and even those funds tend to have brains to see past bad investments.  Pretty much everyone who wants Ethereum has already bought it, so who will be the subsequent investors?  Ditto

People who invested into Mastercoin would had made more money off Doge and NxT.  People who invested into Maidsafe would had made more money off Dark.

 I have a haunch that people throwing bags of money at Ethereum and Stellar will likely make more money off an unforeseen coin.

A fully qualified tradesmen is a journeymen and I haven't met anyone who was one at age 18, as it is normally a two to four year process depending on the options available at your local trade school.  In before you claim you're special and somehow started at age 15 (internet is full of liars who knew?!).

By the way, how can you even make six figures on Quark when it never really went anywhere in its' lifetime?  Sounds like you were one of the instaminers who were responsible for prematurely killing that coin.  Now you're pumping this XC coin which may as well be a scam as I can't find any information on it about its' distribution and several people on their team are associated with past scam coins.