Bitcoin has not failed. It is basically the biggest computational experiment to ever exist. It's still in alpha/beta and still very young, all cryptos are.
I know it is the biggest experiment, but it has indeed failed. How do you tackle the problem of hoarders? Everyone whom i told about bitcoin said why should he buy a bitcoin at astronomical rates and make early adopters even more rich. Satoshi failed to have a fair distribution model or is it that he is himself hoarding several thousands.
|
|
|
You need to make a cryptocoin with fair share of coins. Everyone who downloads and uses the wallet for the first time will be awarded with 1 coin. The number of total coins will be determined by the number of wallets.
You should be awarded, this is how a currency should work. Bitcoin wasnt genius because it made early adopters the only significant ones hoarding thousands of coins. This makes it all look like a big ponzi. The whole crypto has become a stock market now. People doing trading all day long. Bitcoin has failed
|
|
|
Game remind me of counter-strike.
Which has been one of the biggest fps hit ever!
This will be better than counter strike because of the money riding on every round
|
|
|
Why is the thread title altcoins? Buffet didnt even say anything about alts. He was talking about bitcoin
|
|
|
Thanks for the links, lets wait for the fps release, working on it is the devs work, spreading it like wildfire will be ours
|
|
|
+1 to the dev
+1 to Kalisto
+1 to superman
|
|
|
What makes you think that these other Alt coins(C2,karma,feather,doge etc) will be of any worth in the future?
Did i say that karma holds a future? i said its dead. I dont have feather, doge. C2 has a very active dev and is working on a first person shooter where C2 bets can be made. If the game picks up, C2 will be going up. The dev has named several other big things for it. So for medium term, C2 looks promising
|
|
|
So 100,000 Karmacoin = 0.001 BTC ?
Karma is worthless at the time, 1 satoshi sell orders totaling 50-60 btc at mintpal and no buy order. It is effectively dead. The devs are working on it still, have 15 btc bounties but it has poor hopes of revival. I am also holding 20 lac karma
|
|
|
A betting system where people can place bets on teams/players. Their stats can be used to get odds. Would be nice to see something like this shortly after you launch the game/exchange.
Thats a very good idea, maybe more ideas will be included in future revisions after the game matures enough
|
|
|
There is only a 64 bit link, where is the 32 bit?
|
|
|
Why is litecoin below 15 (litecoincharts) Is it related to bitcoin (china bad news panic) or is it something else? Even though its on huobi and btcchina, what else does litecoin need to branch off.
Is litecoin prices connected (somewhat to btc prices or is it separate) Or is litecoin also affected in this china (somewhat ban) recently
The ban is on cryptocurrency so litecoin is also included
|
|
|
Source of problem: You are interested in Bitcoin's daily fiat exchange rate instead of interested in Bitcoin's incredible utility as a superior technology, a better "way of doing money".
Ignore the exchange rate. Speculators don't matter. Judge it objectively, as a scientist would, and you will see cryptocurrency is the future, and fiat is the past.
There's no way around it.
And that is not happening unless hoarders liquidate their holdings. Till then bitcoin will only be an expensive speculative collectors item
|
|
|
This is where bitcoin failed terribly, hoarders holding large stash and only rich miners or should i say bitcoin bagholders able to mine the rest of them with current difficulty levels. I think alts with no premine are much more fair
|
|
|
Bitcoin is tanking and that is totally understandable. If they can't track and tax it, they might ban it
|
|
|
Bitcoin is tanking, might be 300 soon, not a very good time to buy
|
|
|
Is the testing going on still? will anyone send me the link
|
|
|
A bank, a ship, wallmart?
|
|
|
A school, jail, hotel? Inside a pc? Hiding behind GPU's would be nice
|
|
|
|