DBL's are up and running again on Cryptsy. Now on to part two, bringing the DBL client in to the future. No hardforks, no coin swaps, just fresh clean code coming soon.
though being pirate currency...proof of stake would kinda make sense  |
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LTC most likely will be replaced with XMR in the future, for now it will just try to fight a certain down trend.
lol and every 2nd week its a different flavor of the minute coin that will replace ltc  no anon coin stands a chance in mass adoption...its just an excuse on btt to pump another crapcoin. |
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I'd be willing to contribute some BCX to a new wallet with coin control. Will there be any wallet updates like coin control and other PoS coin feature like coin weight etc.....?
think the dev had plans on returning at sometime? |
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PoW is an expression of value transfer (the expense of one resource to create another). I realize this is a major simplification, but if PoS can't represent some measure of GDP than it's security is irrelevant. It fails the most basic test.
With POW though is a true resource even being create to which the value is being transferred? Funny thing about so many people in the western world is they perceive their work has to be worth something even when they create nothing of value. |
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Money cannot have an issuer that must be trusted.
However could a genuine trustless system even be possible? |
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I'm not upto speed on all of this project ie spent about 2 minutes.
However you wish to hardfork BTC beginning of 2016? you want major holders to follow your fork?
Why not just create a new chain?
What is the point of using BTC when for a start even a bitcoin advocate could hardly consider bitcoins current distribution as ideal?
Also well before you finish there will already be a bitcoin pos on its own blockchain (another project with significant backing far removed from this forum).
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not a clone for sure, or semi-clone, adding just one new feature don't make a new coin not a clone
disagree I think a clone or near clone is the most likely to succeed, look even supposed ground up written newer cryptos use btc to attract people, and little outside of btc code is trusted....and for damn good reason. bitcoin actually got alot right. |
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A crypto your average person in the street could understand.
and the gold medal goes too. theats the real dumbass about all of the "innovation" i've seen todate, all adds complication, ONLY a simplification of crypto will work for mass adoption but thats lost on most programming types in crypto. |
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litecoin  |
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Well this is a possible scenario. You might even receive posts on this thread like 'I think coins X is great, it will be second to BTC'. One would say that here only because one is invested in that coin.
People are ignorant, well most members here are. 95-99% of the coins that have been released so far are useless, copycats and 'shitcoins'.
Why would a real investor go into something like that (if he has done proper research) when he could invest in an altcoin that is secure, fast enough and already established?
The empirical evident suggest that 100% of the coins released are totally useless. I have yet to see any coin other than bitcoin is being accepted anywhere or serve any purpose. We most that accept btc accept ltc (oddly enough even doge). also similar could be said for btc v fiat. |
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litecoin is just one of the thousands altcoin around ...nothing special.
i would like to use competiting instead of killing in this discussion,to be honest.i don`t think ltc has any advantage to take the lead of altcoins competition here
litecoin is something special and its the reason its number 2. itself has advantages over btc (known dev, faster, more secure) it survived at a time when every other coin from its era (and before) died out and it did so for a reason. people scream this term innovation over and over yet since litecoin I've examined so many alts yet am yet to see a single innovation that served any purpose but to promote a coin for fiat gain purpose. again people simply yell innovation just because its not a direct btc copy, that doesn't make it any better then the clones, in fact it most cases it makes it worse. |
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Litecoin's position does NOT appear to be strengthening. In fact, it looks there's been a fundamental trend change in how litecoin rises and falls relative to bitcoin:
you're talking about price not value. (quoted ur message too keep your point, deleted your chart as you've already posted that to another thread in this section). I'm talking about both price and value. And how about just a link to the chart since you don't want the chart itself in your thread: https://bitcointalk.org/index.php?topic=68655.msg8442609#msg8442609I say pay attention to giving your crypto real value, real world useability and price will take care of itself. and personally I find litecoins real world useability, acceptance etc on the increase. Charts hold very little meaning to me (and thats coming from a fulltime daytrader for over a decade). |
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One thing I used to find refreshing about this community.
irl I'm a fulltime daytrader, on real world market forums (and in person) people don't speak the truth, in fact its mostly the opposite, if someones promoting a stock as the next best thing its likely they are trying to sell, and if they say a stock is a dog they are most likely trying to acquire.
when I first started trading cryptos, people where actually honest, most promoting what they believed in rather then what made them a quick buck, kinda one of the main reasons I spent the time in trading chats etc and most traders (say in cryptsy chat) where basically friends and helpful to each other (certainly the odd bif or 10).
now its changed seems the loudest mouths are just here (and in the chats) to bullshit and pump just too make fiat with no thought to the advancement of crytpos and what potentially could be achieved with cryptocurrencies.
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Litecoin's position does NOT appear to be strengthening. In fact, it looks there's been a fundamental trend change in how litecoin rises and falls relative to bitcoin:
you're talking about price not value. (quoted ur message too keep your point, deleted your chart as you've already posted that to another thread in this section). |
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Eventually everyones' bound to get sick of the constant stream of crapcoins and as I already am they'll start narrowing the field they invest in (both time and finances). Some seem to assume attacking litecoin (the lead alt) will help their coin, with some crazy obsession that some token very wrongly labelled 2nd (just based around being different to btc whether it be a big backward step or not) generation, must have 2nd spot on this coinmarketcap chart Instead of wasting valuable time attacking others work, why not use that time productively; promote that alt your obsessing over in a positive light, find business that will adopted your crypto, give something to your crypto community even if thats just moral support (like an occasional well done to your hard working dev). |
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Haha wow, the people who keep going on about "no features" clearly have no idea about anything to do with crypto. The release thread for Litecoin plainly spelled it out: Litecoin is Bitcoin with a new algo and a couple of changes that the author thought would be better than what Bitcoin uses--that's why it's "lite"coin. Is that too hard for you simpletons to understand?
The developers want security and a coin that works--a coin that doesn't need a hard fork every week to continue to work.
What? If you wanna go that way, technically Every Cryptocoin is "Bitcoin with a new algo and a couple of changes", including all those scamcoins.
Litecoin is worse than those scamcoins however, at least they bring someone new, scammy or not, Litecoin brings Nothing. Litecoin does not bring "security" because Litecoin is several times less secure than Bitcoin, it does not bring community because Litecoin's community on litecointalk is nothing, it's put to shame by dogecoin. Litecoin doesn't bring features or Anything that sets it apart from Bitcoin AKA, Litecoin's real value is 0, nothing. you going to dribble the same shit in every 2nd thread day in day out ad nauseam? ur obviously relativity new around here, i think u should actually research btc security history before making any statements of security comparisons. |
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I am pretty sure every investor in the altcoin market knows that 98% of the coins are either a pump and dump or a scam. But because of greed they try to "play" the market, because they see these +400% popping up every day.
yes however the 2% suffer because of it ie those legitimately trying to advance cryptos. |
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Ban IP of China in coins removes 99% of problems
lol and you would have never seen 1k+ USD for bitcoin |
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