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221  Alternate cryptocurrencies / Altcoin Discussion / Re: Value of Zerocoin on: December 12, 2013, 10:57:17 PM
We don't even know what it's value will be on release. Or what Bitcoin's will be in a year. Predicting anything one year down the road in the craziness that is cryptocurrencies is too damn hard.
222  Alternate cryptocurrencies / Altcoin Discussion / Re: What Altcoins could be extremely beneficial to invest in? on: December 12, 2013, 10:37:52 PM
Litecoin. That's probably your safest bet.

Litecoin, Peercoin, Namecoin are all old, high market cap, and trusted. When MT Gox adds alt coins, they will be among the first. 2014 may be the year where we see big exchanges that once only traded BTC finally added new ones.
223  Alternate cryptocurrencies / Altcoin Discussion / Re: What Altcoins could be extremely beneficial to invest in? on: December 12, 2013, 10:13:10 PM
Are you serious?
224  Alternate cryptocurrencies / Altcoin Discussion / Re: ~DigitalCoin~ 5000 DGC Draw $1000+ |{ FREE ENTRY GUESS GAME} December 12 Draw on: December 12, 2013, 01:13:18 AM
3291
225  Alternate cryptocurrencies / Altcoin Discussion / Re: First annual crypto-currency awards! Featuring host 'Baroness' Yurizhai Krayt~! on: December 12, 2013, 01:06:32 AM
This very entertaining, add more category next year and giveaway for guests.
Congrats to all doge wowwide

Next year the awards will be a week long event with 1-2 categories released each day.
226  Alternate cryptocurrencies / Altcoin Discussion / Re: Which altcoins destined to rise? on: December 11, 2013, 08:07:39 PM
Most of them really. One's that actually bring something to the table and will be more than just a fad : PPC, NMC, XPM, SBC.
227  Alternate cryptocurrencies / Altcoin Discussion / Re: First annual crypto-currency awards! Featuring host 'Baroness' Yurizhai Krayt~! on: December 11, 2013, 06:44:52 PM
I appreciate this thread  Grin

 Wink
228  Alternate cryptocurrencies / Altcoin Discussion / Re: What will be the best Altcoin? on: December 11, 2013, 09:59:34 AM
Ripple isn't a coin. NMC is missing. I voted PPC. By the end of next year it will be clear.
229  Alternate cryptocurrencies / Altcoin Discussion / Re: First annual crypto-currency awards! Featuring host 'Baroness' Yurizhai Krayt~! on: December 11, 2013, 09:27:36 AM
Quote
So are we agreement that that different approach is centralization?

Oh yes. That's a known fact. The disagreement was whether or not that made PoS a 'failure' or non-innovative. That would be like saying someone who invented a cell phone that never needed to be charged wasn't innovative just because they had to put a temporary cap of 10 calls per day on it.
Pretty bad analogy. The problem with PoS isn't that it limits anything. It's that it creates a central point of failure and isn't decentralized. The whole purpose for PoS was to make the coin 51% resilient, but now with checkpoints it is not even 0.1% proof. (The 0.1% being the checkpoint signer).

I see what you're saying. The council will not change the award though.
230  Alternate cryptocurrencies / Altcoin Discussion / Re: First annual crypto-currency awards! Featuring host 'Baroness' Yurizhai Krayt~! on: December 11, 2013, 08:39:43 AM
Quote
So are we agreement that that different approach is centralization?

Oh yes. That's a known fact. The disagreement was whether or not that made PoS a 'failure' or non-innovative. That would be like saying someone who invented a cell phone that never needed to be charged wasn't innovative just because they had to put a temporary cap of 10 calls per day on it.
231  Alternate cryptocurrencies / Altcoin Discussion / Re: First annual crypto-currency awards! Featuring host 'Baroness' Yurizhai Krayt~! on: December 11, 2013, 08:14:31 AM
Quote
The reason for the checkpoints was the ease of a 51% attack using the PoS. If the innovation doesn't work I wouldn't consider it innovative.

But the innovation does work it just turned out it needed to be approached differently than a regular coin. New ideas lead to new problems. It's not like PoS was turned off completely, it's benefits are being reaped as of today.

Do not argue with the cryptogenic council. They do not make mistakes sir.
232  Alternate cryptocurrencies / Altcoin Discussion / Re: First annual crypto-currency awards! Featuring host 'Baroness' Yurizhai Krayt~! on: December 11, 2013, 08:02:23 AM
Thank you for your feedback everyone!


Agree with everything except PPC. I don't think they deserve the award because their algorithms failed. PoS is vulnerable which is why they had to centralize it. Maybe if they got it working without easy attacks and centralization they would deserve it.

Nothing in PPC has 'failed'. The checkpoints are just a safety measure until it is reasonable to remove them. As this coin is designed with the long term in mind I have no problem with it. Bitcoin had the luxury of being the first coin that did not have as many people interested in cryptos at the time. Feathercoin has been successfully attacked twice this year I believe. Other coins as well. The checkpoints will be removed starting in client version 0.5(0.4 is due out in a week or two).

I do not see his caution in regards to his long term oriented cryptocurrency as a stain on the innovation of the coin overall.

The award stands.
233  Alternate cryptocurrencies / Altcoin Discussion / First annual crypto-currency awards! Featuring host 'Baroness' Yurizhai Krayt~! on: December 11, 2013, 07:27:13 AM


                                                                                                   Helllllooo and WELCOME folks! It's the end of the year and what a year it's been in the cryptocurrency world!

I am honored to be with you here tonight folks! We have got just a fantastic show for you here tonight. Numerous categories, "live" music, and maybe even some prizes  Shocked !! Hours and hours of vigilant debates behind closed doors and the cryptogenic council is finally ready to announce it's 2013 winners! But in the end only one coin can be crowned victorious and bestowed the prestigious title of Cryptocurrency of 2013.

Let's kick it off!

                                                                                                                                     
First up, we're gonna start nice and light:

                                                                                                       Joke Coins!
They may make you smile, make you giggle, or maybe they just annoy the crap out of you; but this year there's been more than ever so lets see our nominees!!!

CATEGORY: BEST JOKE COIN OF 2013

Bit Bar: This coin wasn't even intended to be  a joke but it was so bad it became one anyway. With it's creator desperately trying to point out how it's 'scarcity' made it so cool, hired who knows how many people to talk good of it, the hilarity of this crypto is overpowering.

BBQcoin: The coin you want to eat. Indeed. I mean the name says it all. This coin has died, been revived, and now it's sitting pretty with a 4 million dollar market cap! Now that's a barbeque I'd eat at!

Dogecoin:Who can deny that face? I know I can't.





                                                                                                And the winner is.......

                                                                                                          DOGECOIN!!!!!!!!!!!!!

                                                                                                                                                                       
                                                                                                                             Wow. Such winner. Many meme. Wow.

Next up, those shady coins that create oh so many victims... Scam coins!


CATEGORY: BEST SCAM COIN OF 2013


QuarkCoin: 97% of these coins were mined before anyone had even heard of these babies! Now the shills and marketing are coming full force, the exchanges heavily manipulated creating suckers everywhere you look! This would easily  outright win the category if it's competitors weren't so insidious.

THC Coin: Not only does this coin sport the name of the most evil drug out there, it's client also installed a keylogger (https://bitcointalk.org/index.php?topic=349072.0) on your computer to steal your coins!!! That's not a coin I'll be getting high off anytime soon, hohohohho.

Goldcoin: A coin so classic in it's scammyness that it's earned a rightful spot on the list. No innovations and shills so aggressive you'd almost.. almost think it was legit.


                                                                                                                 


                                                                                                And the winner is.......





                                      QUARKCOIN!!!!!!!!!!!!!!!!!!!!!!!!
                                                                                                               
                                                                                                           Thus far this coin is probably the greatest scam coin in history!


What a great start to the awards! I hope you're having as much fun as I'm having! But alas, it's time for a short intermission! Don't you worry though, tonight we're featuring live music from Black Sun Empire. This song perfectly captures the intense battle all cyrptocurrencies are waging for right to reign supreme.

http://www.youtube.com/watch?v=zW3dGB-vl8U&feature=c4-overview&list=UUr8oc-LOaApCXWLjL7vdsgw


                                                                                         



Alright we're back. Let's continue the show! It's time to get a little more serious. Next up we start classifying the heavy hitters in the crypto world. First it's the coins that were the first to add new features, and are attempting to be serious contenders - IE not scams or jokes.



CATEGORY: MOST INNOVATIVE ALT COIN OF 2013

Primecoin
:
Created by none other than Sunny King, this coin labels itself as the first scientific proof-of-work crypto. This coin attempts to find Prime numbers, something that apparently has a rich history in mathematics. Currently at least three world records have been broken thanks to this coin, and it's future benefits may prove useful indeed.

Peercoin: Primecoin's younger sister and the first coin created by Sunny King. The first coin to implement proof-of-stake, Peercoin attempts to bring far more energy efficiency and security through non-reliance  on miners. This is ultimately trying to avoid an uncertain future down the road in regards to Bitcoin transaction fees and the ASIC miner arms race.

Namecoin: Namecoin allows access to an alternative DNS system that lies outside of a centralized control. This would enable people to to avoid censorship and reduce outages. Although I haven't of anything too significant regarding this, it may prove to be incredibly useful in the future with this whole world-wide dystopia coming out way.



             
                                        And the winner is.....................



                                                                                                                             PEERCOIN!!!!!!!!!!!!!
                                                                                                                                                                                                       
                                                                                                                                                                With it's unique design and curious developer, it's held the #3 spot for over half of 2013.


                                                                                                                                                                                           


Up next.. we take a look at the alt cryptos that have made the biggest impact in this young new movement.

CATEGORY: BEST ALT COIN OF 2013


Litecoin: Litecoin has been paving the way for all other cryptos and slowly forcing Bitcoin purists into realizing a future where only Bitcoin exists just won't happen. Every record Litecoin breaks gives hope to all other alt coins out there. It's seen explosive growth this year, growing larger than all the other alt coins combined.

Peercoin: Always 20 steps behind Litecoin, Peercoin has still made great strides this year. It remains the highest alt coin that has a feature significantly different than Litecoin, and someday aims to take Litecoin on. A fantastic year for PPC!

YACoin
: YAC coin showed us all that crypto's potential is incredible and.... just kidding.



                                                 And the winner is........................



                                                                                                                                           Litecoin!!!!!!!!!!!!!!!!!!!!!!!!!

                                                     
                                                        All hail the King of Alt Coins.



And now we slow it down and take a journey into our second and final intermission. This time the music comes from Rameses B and captures the idea that we're all into this together and cryptos have a bright future in 2014 and beyond. 
                                            http://www.youtube.com/watch?v=IPBHTs5mCaE

                                                                                                                   


Alright folks. The time has come. It's the time everyone has been waiting for. It is time to crown the one and only Crypto Currency of 2013.


CATEGORY: CRYPTOCURRENCY OF 2013, OUR GOD, OUR SAVIOR, THE ONE MAKING ALL THIS POSSIBLE!!!!!



         
BITCOIN

                                                                                                                   
                                                                                                                  Thank you Bitcoin. Thank you.
                               
And that's the show folks. Hope you had fun. Oh! The prizes. Just post a response detailing your compliments, anger, insults, questions, statements, anything and on January 1st 2014 I will announce a winner for a very special prize. Thanks for coming, and be sure to tune in next year for the 2014 Cryptocurrency awards!
234  Alternate cryptocurrencies / Altcoin Discussion / Re: My estimation for the price of the top altcoins by Q1 2015 on: December 11, 2013, 02:08:52 AM
This list is terrible. You expect almost every coin to have Bitcoin's current market cap within a year?

Bitcoin's current market cap is only $12 billion at the moment.  A year fom now it could easily be $500+ billion...who knows.  A lot of people think that even $100,000 per Bitcoin could be reached with only a small amount of the world's transactions being made by it. (something like 1%)

The Bitcoin community has already done all the hard legwork in bringing digital currencies into the limelight.  Hence the amount of time for an altcoin to be adopted and to mature is far less.

Given that, I wouldn't think OP's forecasts are unreasonable, particularly in regards to a $500 Litecoin.  That's only a ~1000% increase over a year, and it has risen far more than that already in less than 6 months.

Anything could happen though, and here's hoping!

Trust me, I understand how foolish it is to underestimate cryptocurrencies but this is going way too far for 1 year. SOME of these don't seem crazy but others are ridiculous.
235  Alternate cryptocurrencies / Altcoin Discussion / Re: My estimation for the price of the top altcoins by Q1 2015 on: December 11, 2013, 01:51:45 AM
This list is terrible. You expect almost every coin to have Bitcoin's current market cap within a year?
this is if these coins became the top altcoins. Meaning ofc many of the list will fall, but I believe I listed many that are top contenders to the crypto market. And yes I belive a few of these will have a bitcoin market cap in a little over a year. Not impossible, and in the current boom and crypto rush, Id say chances are pretty damn good ( especially compared to any other time you look at it)

Sure. Everyone here is going to be a millionaire within 15 months everyone! You heard it here first!
236  Alternate cryptocurrencies / Altcoin Discussion / Re: My estimation for the price of the top altcoins by Q1 2015 on: December 11, 2013, 01:46:09 AM
The thing is, nearly everycoin is tied to Bitcoin prices, and if Bitcoin falls they fall as well. So it's [re[psterous to think so many coins will be over Bitcoin, when, in reality, only one or two have actually proved it isn't tied to Bitcoin.
thats why I feel these estimates are a better than estimate than just saying "we'll see". I feel altcoins are growing faster (ALOT) faster than bitcoin could becuase the way the crypto market is now setup. With companies such as paypal and JP Morgan bringing up crypto coins, and Ron Paul and such making big news about them, I truly see altcoins being at HUGE values by 2015. Just look at bitcoins growth in a time where they were unheard of and being called a joke at the time! I do belive my numbers are decently accurate, and are a good estimate at how much the coins will be worth at full value. ( This is all if bitcoin stays from 1k-1.3k in value) which I believe it will fluctuate between

My friend your numbers are no where near accurate. They may not be accurate for a single coin, definitely not all of them.
237  Alternate cryptocurrencies / Altcoin Discussion / Re: My estimation for the price of the top altcoins by Q1 2015 on: December 11, 2013, 01:36:35 AM
This list is terrible. You expect almost every coin to have Bitcoin's current market cap within a year?
238  Alternate cryptocurrencies / Altcoin Discussion / Re: SXC Sexcoin exploding on: December 10, 2013, 09:06:34 PM
LoL, graph for it looks like a boner.
239  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [QRK] Quark | Super secure hashing | CPU mining on: December 10, 2013, 01:46:06 PM


Not QRK apparently. Seriously look at what's going on with QRK at cryptsy right now and tell me it looks natural to you.

ive been watching it all day and it looks heavily manipulated.. which made me hesitant to buy in, but i think its inevitable its going to rise some more whether i believe in the coin or not



Agreed. I won't be surprised at anything that comes out of this coin. It's certainly done nothing to really earn it's current place.
As if all other shitcoins did lmao

Yeah they did. BTC, LTC, PPC, even NMC have been out for years with communities fighting for it. QRK is being artificially pumped by the people who have a shit ton of them for some insane profits.

Oh come on , you can't seriously mean that. What did FTC have and made it succeed? Nothing - just a good promotion and many supporters. Yet the early supporters got rich. As happened with BTC, LTC and everything!

The trend for quark is up and will be up, whether we like it or not.

I didn't say FTC.. but even FTC.. it's right where it should be for what it is and what it's done and how many people spent time on it. QRK is magnitudes over it. And that's fine. I just wish people would stop pretending it's because QRK is special rather than QRK is heavily manipulated.
240  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] CPcoin, the first Child Friendly Coin! on: December 10, 2013, 01:36:22 PM
I think it's time to revive this project! Any takers?!
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