because in complete honesty (even though I am a fan of cryptos and do back a few for now), I don't perceive any cryptocurrency created to this point surviving the next 5 years.
i think a crypto that works the way bitcoin was initially meant to will replace all, (but thats not a cue for someone to plug their lastest shitcoin), i think we are sometime away from seeing that and nothing to this point is remotely even close.
the peaks I give after 2 years is wall streets play....which I am confident will happen, just longer away then most realise.
Then your understanding is either very lacking or completely wrong. If we keep pumping coins at this rate (which can only get worse), no altcoin shall ever be near Bitcoin ever. Exactly how many merchants will be accepting Bitcoin in 5 years? http://libertyblitzkrieg.com/2014/01/11/bitpay-is-now-adding-1000-new-merchants-per-week/I'd agree any alt from this section has buckle's hope of beating Bitcoin, and yes the more that are pumped out even less likely the chances, think thats a given at this point. However naivety to the extreme if you think this forums is the centre of the crypto universe (just the centre for crypto scams).
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Hey goldcoins turning into a genuine longterm contender, you guys are doing a great job, but promote it on merit, not a hairbrain pumpin scheme Thank you for this feedback Kelsey. I feel we're entering into an altcoin consolidation phase and see a current opportunity here for us to merge talents. The reason people might want to invest, is to ensure themselves a stake which in turn provides them with incentive. In my view, this is the perfect opportunity to get in on the ground floor. lets be honest all the successful crypto traders/miners etc have been consolidating since the very beginning of alts most current successful traders/miners etc trade their flavor of the day/week/month alt to acquire more bitcoin or in the alts litecoin. you've not given us single real reason to consolidate, merge or sell 10% and buy into goldcoin? floors yours......(hint substance please).
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Not the dumbest thread I've read here on btt.......but not a hell of a long way off Thanks for making an appearance and sharing your jewels of wisdom. Seriously what you've said it similar to going hey I have a plan to make 1 million dollars, listen everyone,....just listen, I have the plan, just need a million of you guys to give me $1 Hey goldcoins turning into a genuine longterm contender, you guys are doing a great job, but promote it on merit, not a hairbrain pumpin scheme
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more computing power distributed = more secure coin
this is the right answer.
distribution yes, no raw hash power. microguys point on incentive is also the case, most people take security measure on face value, not taking into account people thinking outside the square, an eg even though it'd be hard for an individual's comp power to attack btc, a pool could be formed, offer crazy incentives for people to join (while hiding the figures until combining all at time of attack), its concievable, not that hard and not that expensive. I can figure plenty of ways to attack any crytpos, i like many just don't ann them here as it'd give others ideas.
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Not the dumbest thread I've read here on btt.......but not a hell of a long way off
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Well even LTC doesn't have enough hashrate to prevent an attack and to be secure enough. Bitcoin is leading with security no matter what people say. It's unlikely that any coin will take over Bitcoins place right now, maybe later..
but that's the misconception though larger hash (after a point) doesn't mean more secure. ltc actually more secure on many fronts then btc.
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Any news about correct POS? same question , any updates regarding that. why whats up with POS? (mines staking ok).
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same threats from bittrex different week
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I'd say to the guy in the video, people in glass houses
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honestly 6mth 1year 2 year 5year Bitcoin USD 400 250 4000 0 Litecoin USD 3-5 1-5 200 0 Altcoin wtf is ALtcoin Dogecoin USD few cents 0 0 0 Captcoin wtf is Captcoin Why have you put zero after 5 years for everything? because in complete honesty (even though I am a fan of cryptos and do back a few for now), I don't perceive any cryptocurrency created to this point surviving the next 5 years. i think a crypto that works the way bitcoin was initially meant to will replace all, (but thats not a cue for someone to plug their lastest shitcoin), i think we are sometime away from seeing that and nothing to this point is remotely even close. the peaks I give after 2 years is wall streets play....which I am confident will happen, just longer away then most realise.
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Instant fail the moment you use verified facebook accounts to claim (well among other ways to game),. you do know you can buy packets of 100-10000 verified fb accounts (that look as genuine as any, friends and all)?
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honestly 6mth 1year 2 year 5year Bitcoin USD 400 250 4000 0 Litecoin USD 3-5 1-5 200 0 Altcoin wtf is ALtcoin Dogecoin USD few cents 0 0 0 Captcoin wtf is Captcoin
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Over the past 6 months or so I have noticed the term "whale" bandied about a lot, but regarding small altcoins and the power for some people to control markets. This shows how small-time these people are.
In truth, there are no whales in any of the small alt markets that are not just playing.
Yes before you listen to the loudest mouths in the ltc is dead crowd, most if not all are playing with comparative pocket change, its why they are trying to pump their own little penny stock. You'll have them in one post claiming they know the future direction of the crypto market then in another post about how they made $20 in a alt coin pump
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Microguy is a crook. He bought up a fuckload of GLD after it crashed, and then made it his life's goal to draw in suckers to buy his stash.
Nope that was me (well I crashed it first then bought back the ummm fookload, but yeah not my life goal just a hobby) lol trusting in an article by Hazard ...ie the local moral hazard and shitcoin maker extraordinaire.
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I love your videos Microguy, I hope you continue to make them. is that a beer in his hand ? Its an Australian beer called fosters we sell to the world, yet I've never seen a fellow aussie actually consume one
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Well I know how to lose half a dozen goldcoins......withdraw them from cryptsy whats with cryptsy's goldcoin's withdraw fee
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Hi guys, what do you think about LTC price will it comes up at 10$ after month? i'm holding 30 ltc right now..
Sell now and never look back. 500M- 1T hash scrypt miners will be released a few weeks from now. Those miners will sell all the mined coin as fast as they can to recoup whatever investment they have left. yes yes just like what happen to bitcoin
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I've heard a lot of Bitcoin/Litecoin people say that, but I'm not sure all of them realize it is just their opinion. It is not based off of any scientific evidence or research.. people just kind of throw this claim out there as if it's true and we are all supposed to believe it.
or simply such people have actually examined the bitcoin code and its pre development history to know pretty much all these supposed new innovations aren't so original
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There are so many new coins out there with way better features, faster blocks and fully anonymous transactions. Any of those will and should take LTC's place in my opinion.
features; no one needs or even wants, faster blocks less security, anon will never be mainstream, added to this zero trust in any new coins as all have been created for the devs to make fiat. all alts created in the last 12 months have strenghtened litecoin chances, as we watch a waves of flavor of the month best things in cryptos fade to worthlessness.
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Is there anybody that can help me to become rich? PM me please
Sorry no ones here to make you rich, in fact for most the motivation here is quite the opposite
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