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561  Alternate cryptocurrencies / Altcoin Discussion / Re: MASTERCOIN VS NXT on: June 04, 2014, 11:16:33 PM
It sounds great however, NXT isn't grabbing the attention of any major investors do the developers have anything in the works at all to announce?
562  Alternate cryptocurrencies / Altcoin Discussion / Re: MASTERCOIN VS NXT on: June 04, 2014, 11:13:12 PM
When will it hit $1
563  Alternate cryptocurrencies / Altcoin Discussion / Re: MASTERCOIN VS NXT on: June 04, 2014, 11:10:49 PM
You're saying ONE nxt will be worth over $10 before 2015?
564  Alternate cryptocurrencies / Altcoin Discussion / Re: MASTERCOIN VS NXT on: June 04, 2014, 11:07:55 PM
Lol as the bitcoin price goes up litecoin will follow there is no way nxt can over take litecoin. Litecoin will be used for day to day purchases. NXT doesn't sound good u guys need to work on unit names
565  Alternate cryptocurrencies / Altcoin Discussion / Re: MASTERCOIN VS NXT on: June 04, 2014, 10:53:51 PM
Will never be worth more than litecoin. Max price $1 per nxt bitcoin will always be #1
566  Alternate cryptocurrencies / Altcoin Discussion / Re: MASTERCOIN VS NXT on: June 04, 2014, 10:48:31 PM
I doubt NXT is on any major VC'S radar...I'm not sure. Bitcoin will always be worth more imo
567  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: June 04, 2014, 07:01:19 PM
https://bitcointalk.org/index.php?topic=639060.0
568  Alternate cryptocurrencies / Altcoin Discussion / Re: MASTERCOIN VS NXT on: June 04, 2014, 06:58:29 PM
whos going to want to say NXTquant. From a consumer standpoint that doesn't sound good at all. The unit names matter a lot. NXT doest even use Blockchain technology
569  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: June 04, 2014, 06:21:57 PM
thanks for that...however BTC can be divided into 100million units. If you multiply that by the entire supply it comes out to something like a quadrillion coins. or satoshis or w.e. so youre telling me there isn't enough BTC for retail? Not to mention a NXT coin cant be subdivided as far as I know
570  Alternate cryptocurrencies / Altcoin Discussion / Re: MASTERCOIN VS NXT on: June 04, 2014, 06:19:34 PM
NXT isn't clear as to things like can it be broken down into smaller parts like BTC? Saying how much NXT doesn't sound as appealing as saying Bitcoin to me. There are no unit names ect...for it to truly work as a currency it needs all those things.
571  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: June 04, 2014, 06:02:24 PM
Hello all...I am thinking of throwing some serious $$$ at NXT. Not really sure about it right now. I am not clear as to weather NXT will be able to co-exist with Bitcoin or is it a direct competitor? I also need to know if BTC and other cryptos can be traded through NXT. What are everyones views on the future? Do you see NXT over taking Bitcoin or bitcoin serving as a digital "gold" ....also I have a NXT wallet and it says im not secure unless I buy some NXT and send some out to someone? I am very confused about this as well..
572  Alternate cryptocurrencies / Altcoin Discussion / MASTERCOIN VS NXT on: June 04, 2014, 05:39:35 PM
Just wanted to get everyone's take on both of these coins. Which one do you think will prevail in the long run? I think Mastercoin has a better chance since it piggy backs on bitcoins blockchain...better security ...more adoption ect. thoughts? I am thinking of throwing some serious $$$ at NXT. Not really sure about it right now. I am not clear as to weather NXT will be able to co-exist with Bitcoin or is it a direct competitor? I also need to know if BTC and other cryptos can be traded through NXT. What are everyones views on the future? Do you see NXT over taking Bitcoin or bitcoin serving as a digital "gold" ....also I have a NXT wallet and it says im not secure unless I buy some NXT and send some out to someone? I am very confused about this as well..
573  Other / Beginners & Help / Re: Bitcoin Confusion on: June 03, 2014, 04:23:49 PM
Thanks for all the input..still confused as to how this stuff will work. Also how many Satoshi are there...imagine bitcoin being used for this stuff how many stocks / contracts traded daily and how fast it would contribute to depleting the supply of coins. Here are 2 great videos to watch. He talks alot about other features of bitcoin. Very interesting stuff.
 
1. http://m.youtube.com/watch?v=KW_wYvZ1eZg

2. http://m.youtube.com/watch?v=lEWdPe6uACg
574  Other / Beginners & Help / Bitcoin Confusion on: June 03, 2014, 08:13:16 AM
Hey all I am new I have been following BTC for quite some time now and have invested into it. I have watched countless videos of andreas Antonopoulos and I remember him saying that Bitcoin isn't just a currency it can be used for voting ect...how come this hasn't been implemented into Bitcoin? I know NXT coin is implementing all of this stuff... Also do you believe NXT will replace bitcoin or will Bitcoin serve as " digital gold " ? ..Also if bitcoin were to be used for voting ect...would coins get spent every time a vote is cast or stock/ contract is traded? sorry for the stupid questions...im just a bit confused.
575  Economy / Speculation / Re: I AM HODLING on: April 11, 2014, 03:08:53 AM
sill sittin on my 128 coins...
576  Bitcoin / Bitcoin Discussion / Re: When the USD collapses what will happen to Bitcoin? on: April 01, 2014, 04:39:34 AM
Well we will be at war with Russia any day now....and Syria with Turkey....Israel with Iran....South Korea and North Korea....its all building up to the explosion point any day now. Just watch. Fuck CNN btw.  You all should be watching Vice News.

https://www.youtube.com/user/vicenews/videos
577  Alternate cryptocurrencies / Altcoin Discussion / Re: My view on the future of Crypto Currencies on: April 01, 2014, 04:31:17 AM
i think Ripple has a ton of potential
578  Economy / Speculation / Re: I AM HODLING on: March 28, 2014, 02:41:00 AM
we have no where to go but up ... https://bitcointalk.org/index.php?topic=540361.0
579  Alternate cryptocurrencies / Altcoin Discussion / My view on the future of Crypto Currencies on: March 28, 2014, 02:03:53 AM
Hey everyone, I am fairly new to this entire game. I have known about Bitcoins for the past couple years..i just recently dove deep into this world and now I  cant help but see the potential in Crypto Currency. I just wanted to share some of my outlooks on some Cryptos that I have a good feeling about and discuss some possibilities of what Crypto Currency may look like 10-20 years down the road....hey maybe even sooner? Here is a list of my top 4 in order of value.


1. MASTERCOIN:


Mastercoin enables holders of the coin to use the "master protocol". This protocol acts as a "layer" on top of the Bitcoin code itself. So it is NOT and ALT coin. This enables the holder to issue contracts, create company's with shares and create user generated tokens.  Mastercoin provides a set of features that only work with MSC or Mastercoin-based currencies, and there is a limited number of them. So, in order to enjoy these features, you have to own some mastercoins, giving them an independent value. The more real world usage Mastercoin sees, the higher the value of each mastercoin. In addition, as always, a lot of its value is currently driven by speculators executing a price discovery process.

Specifically, mastercoin tokens are used for:

Creating derived currencies and smart property are used to create and/or promote smart property tokens as an anti-spam measure.

Mastercoins will essentially act as "keys" for business's to create virtual shares and contracts that they can tie to things like companies or property.  There are a limited number of Mastercoins (600k) this is what will drive the price high. Mostly large company's will hold Mastercoins (fortune 500 level)


2. Bitcoin

The "gold" of crypto currency. Bitcoin has a fixed limit of 21 million coins. Therfore this will increase the value of the bitcoin. Bitcoins are currently the most widely traded and accepted crypto and i believe that in the future it will be viewed as a store of value.

3. Litecoin

The "silver" of crypto currency. Similar to Bitcoin with a fairly small fixed limit compared to other cyrptos. This is the second most established crypto around right now and i believe it is hear to stay. It is not going anywhere.

4.  Ripple 
I believe Ripple will change the world. Ripple is doing what everyone else is doing wrong, (coinbase, bitstamp ect).
They have the potential of being so much more and Ripple is capitalizing on it. Ripple’s market cap is overstated in many places. For example, when calculating the market cap of ripple, you can’t multiply the market price by 100 billion because not all of ripple in the world are actually on the market. In fact, there are only about 7.4 billion ripple on the market (source) with Ripple Labs giving away an additional 1.25 million ripple every day.

If we take the current market price for ripple ($0.016) and multiply it by the actual supply (7.4 billion), we’d see ripple’s market cap is actually around $118 million. That would make it about a third the size of the $389 million litecoin market.

What’s interesting about this, though, is the fact that a sudden influx of cash into the ripple market could spike prices much higher than it might otherwise (if the full circulation of ripple were already in the wild). For example, CoinMarketCap.com estimates ripple’s market cap at $2 billion. If indeed ripple’s market cap hit $2 billion and there were only 7.4 billion ripple on the market, we’d be looking at ripple prices around $0.27.

If ripple’s market cap surged to $10 billion (a number bitcoin hit back in December), we’d be looking at ripple prices of $1.35. A market cap around $15 billion would push ripple up to $2. Not bad!

I've studied Ripple for a while and asked many questions. It is backed by some very big names and companies such as Google ventures. It is much more complex than Bitcoin, that is certain. But also holds the promise of doing much more. Ripple doesn't replace Bitcoin but rather, complements it. A lot simply don't understand Ripple and haven't thought long enough about it to see the implications.

One of Ripple's prime advantages over Bitcoin is that the development of the software and promotion of the related gateway services is run by a for-profit company instead of a non profit.. You might think this is a bad thing but actually, it aligns the financial interests with the interests of the users. There's a financial incentive to write clean software, document it extensively, and work on the features that users actually want.

The OpenCoin team is already up to 20 people I think. They are all getting a salary, and there is a level of management which guides the development. They have actual deadlines, and investors to be held accountable to.

OpenCoin's primary stated means of generating revenue is to "hold XRPs (ripples) and hope they go up in value." That means they have a financial interest in making XRPs useful, and keeping their value stable (to the extent that they are able to do so, which will be very limited once they are all given away and sold).

Because OpenCoin needs Ripple to be successful in order for them to make money, they can do things that Bitcoin can't realistically do. Like hire a PR firm to brand the Ripple product and promote it to the masses in a commercialized way. Compare this with Bitcoin, which only recently underwent a revision to the main website. The attitude of the Bitcoin developers and principals is that they don't want Bitcoin to grow too fast, and that it is still experimental beta software. OpenCoin, on the other hand, is aggressively courting partners to make Ripple provide as much utility as possible in a short time. OpenCoin has a lot of momentum, plenty of smart people, and a bulging war-chest of investment capital.

Ripple is already an impressive piece of working software. You can go into your Ripple wallet right now and trade Bitcoins for US dollars, Euros, and XRPs, in the distributed order book. You can deposit and withdraw money at both Bitstamp and WeExchange. The Ripple beta solves the problem we recently experienced with the denial of service and MtGox lag. When Ripple opens its doors to the public, the first thing it will do is provide profoundly deep liquidity for Bitcoin. It will make the process of depositing money at an exchange a distributed process, since deposited funds can be used to purchase bitcoins in ANY order book not just one. Withdrawal of funds will be similarly distributed. If an exchange has a $10,000 monthly withdrawal limit you could just open an account at another exchange and withdraw from there as well.

 Going beyond Bitcoin, Ripple will easily integrate into traditional payment networks like debit cards or checking accounts, allowing vendors to unknowingly accept Ripple payments through their already existing systems. Since Ripple IOUs correspond naturally to fiat currencies, these integrations will be far more convenient and functional than their Bitcoin counterparts.

Ripple dollars will be the most commonly traded crypto currency. With a hard limit of 99 billion to be released in circulation. No more can be created...This protects against inflation down the road...

Ripple is poised to be the next big thing during the crypto-currency revolution.
580  Economy / Speculation / Re: I AM HODLING on: March 28, 2014, 01:07:02 AM
Still holding. In it for the long haul. It truly blows my mind how many people are plugged into the Matrix and give into the sensationalist headlines about Bitcoin.


It is not easy to think straight if you think the media and the "specialists" tell the truth and are profesional who want to inform you

When you understand they are lying, unprofessional and usually don't understand anything that it is happening, you can get a clearer idea of what is going on

So true. Just sad to say the majority of the American population is on auto pilot un aware of half the shit going on around us.
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