Maybe.  I think the ones in the developing worlds are more comfortable in grabbing and running.  The difference is if somebody tried that in the developed world then it often comes with a prison sentence.



So what you instead end up with are "vaporware scams" in developed countries, where they take your money and claim they are working on the project but never deliver.  Often they do end up with a "bait and switch" at the very last moment if they think the lawsuits are coming.


Who knows when Ethereum and Maidsafe will launch?

 Did you know Maidsafe (2006) predates Bitcoin and yet had a $8 million IPO this year?  It's the world's longest vaporware and the github stuff they used to promote was years old ancient or borrowed from similar projects.

Who honestly knows what's happening with Ethereum and if we will see it before 2018 and yet it had a $15+ million IPO.

Definitely.  Nobody would pay a taxi cab driver in a $hitcoin, that confirmation lasts 40 minutes by accident and that angry Romanian is going to leave you a cripple when he breaks your legs.

Who will bother with an exchange when there will be options like Fidor (German bank since 2003)?

https://www.cryptocurrency-bank.com/

Even Robocoin and all those ATMs will be cheaper to use when they process more volume.  The day of risking your money and private information to an unregulated third party exchange ran by probably dubious personalities is ending.

People may miss the old west's freedom but nobody misses the negative aspects like being scalped by Indians, shot by bandits or dying of starvation from a failed harvest.

There's 2 million unhappy people who want more decentralization and then 7 billion people who are content with the centralized system.

Reality is mainstream will never come into cryptos because of things like MtGox, all the scams and then the vulnerabilities of holding private keys.  Probably the best development I've recently seen is Fidor bank starting a crypto currency bank.

Mainstream will have no problem using digital currencies if there are regulated banks willing to hold their private keys and their funds can't be hacked, stolen or lost in a hard drive failure.

In Bitcoin's case the cost of security / network maintenance is $680 million a year and this is expected to increase.  About $1.8-$2 million worth of coins is mined everyday and professional miners dump up to 80% of this to pay for their electrical, hardware and taxation obligations.   

Maybe but we're just talking about this one coin.  This genre of "stupid funny coins" includes a very long list of coins that never attained any notable capitalization.

More like BTC, LTC and Doge will die around the same time.  BTC is only 500K-2M users.  The internet back in 1989 had 3 million users.  6 years in this internet age and barely anyone is using digital currencies yet despite all the hype and government attention.


Nobody is focusing on userbase expansion for BTC so it's a matter of time until some coin better at promotion and userbase expansion will simply fly past Bitcoin and people will be struggling to comprehend what just happened.

Nothing will happen because the internet nerds who lose their money never go forward with their threats to contact the authorities.

Probably because their "money" wasn't even theirs to begin with, they probably made it from buying low and selling high and turning somebody else in the world into a bagholder ~ it's karma ~ greediest person loses each time.

It's an ethnocentric coin that is only used in the Netherlands.  I think between Aurora and all the nation coins we simply had enough of all that stuff.

It also doesn't really match up within expectations of cryptos for a transnational currency.  There's also price concerns too where, traditionally, merchant sell off exceeds userbase expansion.

A few international youth hostels and a Chinese take away accepting it is your proof of real world use?    Containing my laughter

Both Dogecoin and this Panda coin is a joke

I don't think so.  Some of the ATMs don't ask for ID but most of them seem to.  Somebody who would want to engage in capital flight would have to sell it privately per individual and I suspect this is a highly illegal activity in most areas and you also risk being mugged.

I don't know about being the Altcoin King but Spoetnik does work at the Burger King in Kelowna, does this count?

They have until November 22.  Like two weeks of trading left on the AE.

First thing I did was downloaded the BTC wallet and determined it was a $hitcoin (a reskinned of BTC), and despite posting this warning people continued to buy into the IPO and were surprised when it turned out to be a scam.

Why waste money on first generation scam $hitcoins when there's generation 2.0 coins?


If you want a safe Eastern European crypto currency then there is already one out.   NODE is the only authentic second generation coin by an Eastern European development team.  

NODE
Ukrainian developers (BTC is on 5000 bank terminals in Ukraine)
Ukrainian History (one of Europe's first democracies under the name "Cossack Hetmanate")
Ukrainian financial crisis where people are seeing 10%-20% inflation in a month and need crypto currencies
BTC legal in Ukraine (unlike in Russia which is banning all digital currencies in 2015)
Sound mechanics (whereas Russian Crypti has mechanical problems and lost 80% of its' capitalization overnight)
New code
Fair distribution (no whales waiting to dump)

https://bitcointalk.org/index.php?topic=590421.0
http://coinmarketcap.com/currencies/node/#charts

Any posts by Rabbiter will be deleted*

Coin source involved? 

Delete

President Andrew Jackson came before Obama.  Jackson was also Democrat 

Bald man, even with muscles, still looks like a baby.   

After hearing all the reports from American soldiers in Iraq and Afghanistan, how do we know ISIS isn't poking each other? 

The big whales who invested into Stripe aren't going to like this very much.

When you go into something centralized then system failures from individuals like this will occur.