Ah Smoothie... I've been waiting for you.

I'm not surprised that you would try to focus on technicalities of the English language, and not on the arguments I have made against Litecoin. I know you are one to cherry pick the statements that support your cause and ignore the ones that don't, so I won't judge you for this. Perhaps dying is the wrong word, and "irrelevancy" is more appropriate.


You are actually the reason I started this thread. You talked very rudely about me on the Litecoin forums about my decision to not support Litecoin anymore, so I thought I would explain myself to everyone the reasons for my decision. Also, the Litecoin faithful are going around spewing their usual marketing strategies based on half truths, so I thought I would let it be known that not everyone feels that way. I am different from the other anti-Litecoin trolls in that I was a dedicated supporter of Litecoin for a very long time, and I have recently changed my mind. I thought people would be interested as to why, and it seems they are as this thread is pretty long for being up less than a day.


Some of my opinion is based on speculation, but a lot of it is based off of facts. The truth of the matter is no one knows what will happen in the future, but this is how I think it will play out. As to me being butthurt, grow up Smoothie. I am not crying... I am laughing at how ignorant all of you are and pointing out how hypocritical the arguments for Litecoin being the #2 crypto currency are. I am certain I will have the last laugh. If you want to refute some of the points I have made in this thread then go ahead and I will debate them with you, but it seems all you have are personal insults.

There you are again nitpicking on the words of "death" and "dying", use "irrelevant" instead if it makes you feel any better.


I have made some poor business and life decisions, but part of those poor decisions are not my ability to pick crypto currencies that are likely to blow up in value. I was right about Bitcoin and I was right about Litecoin, some of my friends and family have made bank because of me suggesting them to invest into them. However, the crypto currency landscape is changing quickly and I can no longer say Litecoin is a sure bet for obvious reasons. I have already stated most all of them, again, if you would like to debate them then lets go at it, however if all you can do is insult me then I'm just going to put you back on ignore like you were before I saw 8 ignored posts by Smoothie in this thread. This is why I have you ignored, all you can do is hurl insults at me and you can't really back up your reasoning for supporting Litecoin.

Fair enough, it is certainly my honest opinion. I think I am done here unless someone brings up something else to talk about, as I feel like we are beating a dead horse. Perhaps I was already beating a dead horse when I made this thread, but I received some flak for leaving the Litecoin community and I wanted to explain myself thoroughly.

First of all, I am not a Nxt fan boi. I haven't decided which crypto will be the next one I support apart from Bitcoin, but I am leaning towards Counterparty, Mastercoin, Bitshares AGS, Swarm, Ethereum, or Maidsafe. Possibly Nxt too, although they have some trolls (which coin doesn't), they are doing some interesting and innovative things... the initial distribution is kind of a put off to me though. However, to be fair to them... everyone had a chance to invest and didn't.. that is not their fault.

Secondly, I think the Litecoiners are getting scared. They are getting more organized and are doing more projects recently than ever before. I think most of them can see the writing on the wall and are trying to "right the ship" so to speak. Not only have the Litecoin "haters" been more vocal as of late (which is totally understandable due to the points I've outlined ITT), but the Litecoin supporters are also being more vocal because their throne is being challenged. They are even sending people over here from their forums to try and prove me wrong: https://litecointalk.org/index.php?topic=20631.0

You can't change Avatars at the moment, otherwise I would have already. Go check in the meta forums. I am not trying to convince myself that Litecoin is destined to fail, I have already convinced myself that Litecoin will fail if it continues down the same path. I feel like my arguments are very well thought through and articulately conveyed. If you feel like they are baseless, well then I guess that is your opinion.

Opinions are like belly buttons, everyone has one. For example, "But the fact remains that when significant money is put into Litecoin's backbone and the network is perceived as very secure, that is going to attract a lot of attention from many corners." Is just an opinion, it doesn't change that fact when you start the sentence with "the fact of the matter remains."

Bitcoin and Litecoin are different crypto currencies with different dynamics. Just because something happened one way with Bitcoin doesn't mean that it will happen that way with Litecoin. Furthermore, the money that was flowing into Bitcoin was going to numerous fronts.. payments processing, exchanges, ATMs, mining hardware, etcetera. Whereas the money flowing into Litecoin is mostly sheep following the pack, ASIC manufacturers trying to make money off of ASIC buyers, and ASIC buyers mistakenly trying to make money off of buying unprofitable mining hardware.

"Litecoin has a far, far greater chance of success than any other digital currency in existence that isn't called Bitcoin, right now. As for saying that somehow the price relative to Bitcoin is an indicator of market enthusiasm for Litecoin...take another gander at Coinmarketcap and get back to me."

I see value in some other alternative coins, and I even think some of them have a large chance to overtake Litecoin as people slowly realize that Litecoin is just one big marketing campaign. If your investment strategy is to look at coinmarketcap and choose the coins with the biggest market cap, then I don't feel like that is a smart investment. According to you, this is how "smart money" operates. However, I think the "even smarter money" does extensive research on all coins that are available and the ones in development, and then comes to a proper decision as to what they will put their money in. After doing this myself I have come to the conclusion that "smart money" isn't actually so smart afterall.

To say a large amount of the improvements made to Bitcoin over the years have come largely from Litecoin developers is a rediuclous statement. I'm well aware they have made a couple security and efficiency improvements, however those improvements are dwarfed when you look at all the improvements that have been made on Bitcoin since Litecoin's inception.


Smart money blindly follows people like sheep just because others have done the same before them? That doesn't sound like smart money to me. Some of the more innovative coins lately have been purely PoS with no mining involved. To say that Litecoin will remain #2 because of all the money pouring in for mining hardware is again a fallacy. There are other crypto currency networks that are more secure than Litecoin due to using different methods of PoS and PoW, sometimes combining the two to exemplify the matter. Furthermore, the mining hardware being made for Litecoin is Scrypt mining hardware, not Litecoin mining hardware. Most people only care about profit and throw them on a multi pool of some sort as it makes them more money. If there weren't a million other Scrypt coins that people could also mine with Scrypt ASICs, then it might not of made sense to make one just yet.

I agree Litecoin has it's own network effect, however it is not nearly as strong as Bitcoin's network effect. Search Bitcoin in Google news and tell me how many articles pop up, then search for Litecoin. You don't even need to tell me the answer, because I already know that there will be much less articles about Litecoin. As I believe I said in the OP, it is Bitcoin that is in the news all day everyday, not Litecoin. Litecoin has a small network effect that is somewhat limited within people engaged in the crypto currency community, however Bitcoin's network effect stretches much wider than that. Since Litecoin's network effect is limited somewhat to people engaged in the community, they are more likely to look at Litecoin for what it is.. Bitcoin with a few changed parameters.


I wouldn't be so sure that Innosilicon was the only reason for the decline in price, in fact I am sure that is not the only reason. The fact of the matter is that we can only speculate to the reason, however I feel that the market sentiment has changed over the past 6 months. Six months ago if you asked me if Litecoin would be the #2 currency in two years, I would have told you yes. Now, six months later, that decision is not so easy anymore and the market is reflecting that.

Again... the money flowing into ASIC hardware argument is flawed because some of the most innovative coins coming out don't even need mining hardware to secure their block chains. It was estimated in December that the Bitcoin network uses $15 million dollars in electricity everyday. If you can't see the value in PoW alternatives, then you must hate planet earth. The money being poured into ASICs are just smart people (ASIC manufacturers) trying to make a buck off of less smart people (ASIC buyers.) Nothing more, nothing less. If these magic money machines actually made any money at all, why wouldn't they just keep them? I realize from experience it is tough to scale a mining operation, however most of these ASIC manufacturers just want FIAT/BTC. They are not making Scrypt ASICs to support Litecoin, they are doing it to make money.


I wouldn't suggest you take my word for that either. I propose you go and read through Satoshi's posts on these forums and come to that conclusion yourself. Furthermore, if he hasn't touched the coins yet.. which were worth about 1,000,000,000 dollars at Bitcoin's peak in December, then I doubt he will ever touch them. If he was going to dump, then 1 billion dollars would be quite tempting. Satoshi must have balls of steel if he is planning on dumping and hasn't yet. One more thing.. if Satoshi dumps then it will likely get out who he is, and as you can tell he doesn't want that to happen.

Are you kidding me? Bitcoin was the first crypto currency, it is innovation at its finest. Sure, money in itself is not innovative, but a decentralized psuedo anonymous currency was certainly innovative. They continue to improve upon Bitcoin and add new features, improving on the original innovation, which is why I would still call it innovative. My grudge with Litecoin is that they simply copy those features.


I think Litecoin is actually accepted at a lot of places, but if it weren't number 2 on the market cap list, I don't think this would be true. Businesses go after where the money is, as they are in the business of making money.


There's a big difference in between gimmicks and innovation. I agree that most of the "innovative" alternative coins that have come out have been mainly gimmicky and only made small changes, however there are some truly innovative ones out there as well. I think to brush everything off as a gimmick is a mistake. I agree Auroracoin was somewhat of a gimmick, but it was also innovative in the fact that no one had distributed a crypto currency like that before. Just because something is innovative doesn't mean I would think it is a good investment, and that is usually in the case of the innovation(s) being a gimmick. I don't think anyone actually thought Aurora Coin would overtake Bitcoin. The most vocal supporters of the gimmicky pump and dump coins, are usually people trying to pump up the price so that they can dump them, and it is hardly a shared community sentiment.

There are many non nefarious reasons someone would want privacy. For example, the want to stop the NSA, CIA, and Corporations (etcetera) intercepting and studying our data. Pretty much everything from what we look at on the internet, where we go, what we do, what we like, what we don't like, and reading private communications. The list goes on and an and I think in this day and age (thanks Snowden) people are more aware of the need for privacy. The TOR underground is understanbly a bit comprehensive to start using new technologies.. who knows who developed them and what their purposes were for doing so. There could very well be a back door to the CIA, admittedly that is unlikely but when you're selling drugs would you really want to take chances like this? They will eventually move over to something more private and anonymous, but it is too early to make that transition.


Just because difficulty goes up it does not mean that price will follow, and the "all other digital currencies are fighting for table scraps" goes along with the "too big to fail" mantra that I don't believe applies to crypto coins- or anything for that matter.


It's mostly crazys and stupids that have called Bitcoin dead in the past. They don't understand that crypto currencies are a movement, and Bitcoin is at the forefront of this movement. It will likely stay there for some time. I don't think these people understand the network effect, something which is more applicable to Bitcoin than Litecoin. You can't kill movements, especially political, human rights, and religious ones.  I feel crypto currencies are a political and human rights movement wrapped into one in the form of currency.


The money WAS going into Litecoin. It has been on a steady decline for the past 6 months, the same amount of Litecoins today can only buy you half as many Bitcoins s they could 6 months ago. What you are seeing is the result of Litecoin being on top for so long and the natural choice to be the #2 crypto currency. That choice is not so clear cut anymore, and for some like me it is not even a hard decision.


Mark my words, Satoshi will never dump his coins. This is because for Satoshi, Bitcoin is more of a political and human rights movement in the form of a currency. Satoshi empowered this movement through the one thing most people care about most in this world- money. Bitcoin is just Satoshi's soap box.

Ethereum makes it easier and quicker to develop decentralized applications, as it is a programming language built specifically for developing decentralized applications.

The way I understand it, being turing complete means that it can perform the simplest of math problems to even the most complicated ones. This in theory means that there is no limit to what you can develop with Ethereum as it can solve the most complicated of problems, like complicated cryptography etc.. Most modern programming languages are turing complete. Someone correct me if I am wrong, because I just learned what turing complete was when I heard about Ethereum/Qixcoin, but I think that is more or less correct.

It's hard to say. I feel like in the long run it will be a bad thing, but the effects of the centralization of Bitcoin/Litecoin mining won't be felt for some time. As corporations, old money, and old money FIAT take over mining, the affects will start to show. At that point they are no longer decentralized currencies, it is moving that way already.

I think Litecoin will remain number 2 through at least the end of the year and possibly next year too. However, things are moving so quickly that it is completely possible that its demise could happen sooner rather than later. I think Bitcoin will be much harder to topple than Litecoin.

You are supposed to refute my reasoning and tell me why I'm wrong.

Sorry, I like to think about and write about crypto currencies. You are welcome to move along.

I know there are a lot of threads for this already, but I wanted to start a new one as I felt the past ones did not give thorough reasons, and were somewhat trollish in nature. I have been a hardcore Litecoin supporter for the past couple years, and I do not think it is going away anytime soon. I am trying to think more long term than that, and Litecoin seems poised to die a slow death if it continues down the same path. The onslaught of copy and paste coins, followed by the onslaught of innovative coins, has changed the way I think about Litecoin. I can no longer recommend it as a good investment at this point in time. I have lobbied for Litecoin harder than even Bitcoin, and my decision to no longer support Litecoin was not an easy one. This post will be brushed aside as FUD or as me being a “hater”, but I hope you read what I have to say and think about the points I bring up, I assure you I have thought long and hard about them.

I feel like the argument that “Litecoin has the best development team” is quite disrespectful to the many other talented and devoted developers of other alt coins. You might as well call them all idiots. In fact, there are many developers that are going above and beyond what the Litecoin developers are doing. Litecoin has decided that it is content to simply follow in the steps of Bitcoin, something I tried hard to lobby against. Litecoin is merely developing things that Bitcoin has already made, such as Electrum and Android wallets. I will give them (well… Warren) a bit of credit for improving some security issues on both Litecoin and Bitcoin, but they do not see the glaring issue in that the end users don’t actually ever see these improvements. Nor do they particularly care… what I mean by that is… Have any of you ever had a problem because of a security issue in the Litecoin/Bitcoin client? I would be surprised to hear one person tell me yes they have, as after using it for years I haven’t and most cases that pop up seem to be user error.

Crypto currency users/investors want new and improved features, this is something they can actually see and use, and that adds value to the currency in their mind. I think merely following in Bitcoin’s footsteps is possibly a path to becoming obsolete. We already have Bitcoin, we don’t need another currency that is almost exactly like it except for a few changed parameters. By staying three steps behind Bitcoin in the crypto currency wars, they are positioning themselves to be obsolete if Bitcoin is ever supplanted by a new crypto currency that is much better. I made a hard push to get Litecoiners behind the idea of implementing new decentralized features, such as asset exchanges and decentralized applications, and I was completely ignored by the developers and dismissed by most of the Litecoin faithful. This is how the “best development team” operates? Completely ignoring their user base and someone that has gone out of his way to support Litecoin time and time again? You would think there is no value in the ideas of creating Dcorps/Dapps the way I was dismissed, but as you can see with the money flowing in on projects like BitsharesAGS/Swarm/Etcetera, a large portion of the crypto currency community agrees with me.

This is not the only case where the developers have done as they pleased, many voiced concerns about ASICs coming online and ruining the decentralized nature of the network, making people pay for hardware that will never ROI and sadly has little to no resale value, and suscept the Litecoin mining community to pre-ordering hardware they may never even see (or at least they likely will never see on time before the difficulty skyrockets like what happened with Bitcoin.) After a year and a half of investing in ASIC mining technology, running group buys, and hosting hardware, I can honestly say it is a fool’s game. The original batch 1 Avalons broke even and made a hefty profit, and almost every ASIC offering since then has fallen short of simply allowing their customers to break even. I will no longer support ASIC mining or the companies that make them, and when that sentiment is shared by a large group of people (I know I’m not alone,) it can be a very dangerous thing and lead to centralization of the network. I am worried for both Bitcoin and Litecoin in those regards… when a crypto currency becomes centralized, what is the point really? Satoshi would not approve.

Litecoin’s trade volume and market cap dwarf those of other alternative crypo currencies. Although this is true, I feel like this is very dangerous reasoning for determining the future of a cryptocoin and should not be a large factor of your decision. Have you ever heard of the banks that are “too big to fail”? This is the kind of reasoning this reminds me of. Does anyone remember when Facebook came out of nowhere and made Myspace obsolete? Blockbuster got killed by Netflix and Redbox. Dell, once a leader in the IT sector has fallen behind its competitors. Kodak’s stock price is about 96% lower than it was in 1997 due to the advent of personal printers, improvements in software, and file sharing. Microsoft was at the forefront of technology at one point, and now they are playing catch up when it comes to search engines, internet video, ebooks, smartphones, and tablet PCs. Motorola was huge when mobile telephones first came out, yet they failed to focus on smartphones with new features and rapidly lost market share to companies like Apple, LG, and Samsung. Sears got huge by sending out catalogs and allowing customers to order things from home, but failed to capitalize when ecommerce became much more popular to consumers. A Sony Walkman used to be today’s iPod. Yahoo… Toys R Us… need I say more?

Due to rapid technological advancements and the competition being innovative and forward thinking (seeing a pattern here?), companies can become obsolete very fast and I see no reason why this does not (or could not) hold true with crypto currencies. The network effect is very powerful, however I feel like the network effect is exponentially more powerful for Bitcoin than it is for Litecoin. It is Bitcoin that is in the news all day every day, not Litecoin. Although Litecoin does get more attention than most other alternative crypto currencies, I feel this is because they are the guys to beat right now. As you can see in the last paragraph, this could change quickly and this is not a good argument for Litecoin holding its number two spot.

Although Litecoin may be accepted by more exchanges and merchants than other alternative crypto currencies, the more innovative and valuable ones are sure to follow. Multi coin payment processing is going to become more popular as more coins come out. Having a different payment processor for every crypto currency is just not a smart way of doing things, and the ones that only accept one or two crypto currencies will be less popular with merchants over time. If someone wants to buy something from me with Sex Coin, I am going to want their business as I can simply exchange the Sex Coin for whatever coin I would like. If the consumers have more options to pay, the more likely they are to purchase something. I am sure that I sold a few extra physical Litecoins because I used coinpayments.net which accepts something like 30+ crypto coins. I had it setup to automatically exchange the coins that I didn’t want. It was stupidly easy and got me a little extra business. What merchant wouldn’t want this? They will choose the payment processor that supports the most coins, and the most stubborn payment processors will be slowly phased out. Exchanges make money by people trading crypto currencies (duh, right?). There is no reason they will not keep adding coins to trade alongside other coins to increase their profit. By not adding new coins, whether it’s a scam coin or not, they are leaving money off the table and it makes no sense.

The Litecoin is silver to Bitcoin’s goal is simply a marketing slogan, nothing more nothing less. You could just as easily say Xcoin is silver to Bitcoin’s gold, and it wouldn’t be an incorrect statement. This thinking is similar to the “Litecoin is too big to fail” dogma, as we’ve seen with many of the technology giants that have been surpassed by innovative and forward thinking competition, this could change very quickly. I don’t look at Litecoin having ATMs as being a huge deal, as most people are looking to install Bitcoin ATMs. For Litecoin to compete with Bitcoin in the ATM space, they need to hope that Bitcoin ATMs are made to support Litecoin. If Bitcoin ATMs can be made to support Litecoin (and duh they can), then there is nothing stopping them from supporting other crypto currencies.

Yes Litecoin’s network speed dwarfs that of other Scrypt coins, and it is likely much more secure than those. However, I think it is silly to focus on only Scrypt coins. There are other innovative and valuable alternative crypto currencies that are not Scrypt-based. Some of the newer & most popular ones you can’t even mine them at all (like PoS coins). Making that a reason to be better than another ALT coin that does not have mining is like Mike Tyson fighting a baby. You can’t mine those coins, so how is Litecoin being the most secure Scrypt coin a good selling point? Maybe it is a good selling point versus all other Scrypt coins, however most of those are crap and everyone knows it.

Litecoin is not a back up to Bitcoin. If a huge flaw is found in Bitcoin and someone attacks it, Litecoin is likely to share that flaw. I always thought Litecoin would be a good backup if Bitcoin somehow was flawed because of it using a different algorithm. After learning more about this, I do not feel that is the case anymore. The encryption algorithm is the least likely place that a huge vulnerability will found. Cryptography is studied in academia much more so than Bitcoin’s source code, and the best and brightest are studying it... cryptography is no walk in the park. Short of quantum computing, which is unfeasible in the next 30 to 40 years, the encryption algorithm will not be the weak link. Furthermore, since Litecoin feels so apt to follow in Bitcoin’s steps, a huge percentage of the code base is shared by the two. If one goes down, the other is likely to follow. You may say… well if Bitcoin dies then all crypto currencies are doomed, but I am not so sure that is the case. Where other companies have failed, others have gone on to innovate and change the industry forever, even becoming bigger and better than their predecessors. Crypto currencies will certainly take a hit if Bitcoin dies, however it will not be the end of this movement I am certain of that.

As to the Litecoin Association being a good reason to support Litecoin… are you kidding me? Have you seen all the drama and mess the Bitcoin Foundation has had going on... I’m sure everyone has. I would venture to say that at this point the Bitcoin Foundation is hurting Bitcoin more than it is supporting it. When people form centralized foundations for decentralized technologies, it goes against the original spirit of decentralization and crypto currencies for which Satoshi set precedent for. As to Litecoin having a better community than any other alternative crypto currency, I beg to differ. I never felt welcomed, and was often chastized for my opinions. Although Coblee was very nice when I met him at the Bitcoin 2013 conference, he literally ignored me after that. Even when I was pleading to the developers to comment on adding new features to Litecoin. Honestly, before Litecoin jumped up in price in November/December 2012, Coblee was nowhere to be seen in the Litecoin community. Once the price started to rise he suddenly showed up and started making an effort. I have no problem with that, but I couldn’t help but notice the coincidence. Anytime I tried to bring up controversial opinions or suggestions I was met with opposition mostly from early adopters. Furthermore, I feel like the Litecoin community is a big “click” and the really early adopters are much more likely to support each other on controversial matters than new users, and this is alarming considering Coblee is in this group.

Faster block times are no longer a good selling point, as there are other coins with faster block times that don’t have a huge problem with stales etcetera. Anywhere in between a minute and two and a half minute block time does not suffer from the things that Litecoin says will happen if they go any faster, at least not to the point where it is a huge problem. Everyone knows by now that Litecoin confirmations are less secure than Bitcoin confirmations. Furthermore, many Bitcoin payment processors process payments without any or as little as 1 confirmation, making some Bitcoin payments instant. I don’t see this as good as a feature I had originally thought, as many coins have come out that were faster and didn’t completely fail. Along this same line of thinking, the statement that Litecoin had a fair release… how is that even a feature? That is just default common sense for any developer developing a crypto currency if they want it to succeed. Not having a fair release is a sure way to death, as was learned with the alternative crypto currencies that came before Litecoin. Since Litecoin was released, I feel like there were numerous even more fair releases than Litecoin. So again, this argument lost its appeal to me.

For those of you that think this may be FUD, I can tell you I currently do not have a balance above zero in any crypto currencies, and this is my non biased opinion of Litecoin and why I have stopped supporting it. Again, I must stress it was a hard decision as I have been supporting it for so long, and even got some of my friends and family invested. I am starting to regret that now, I am going to have to point them to this paper as I would feel horrible if they are left holding the bag. I can only really suggest Bitcoin at this point, anything else is really risky and it’s too early to tell who will rise to the top. I suggest putting a small percentage of your coins into projects you find interesting or innovative. It is going to take something truly innovative to supplant Bitcoin, and by coincidence Litecoin as well since they are content blindly following Bitcoin. I have a feeling this day will come sooner than we all think.

Why not just build a panic room? 

You have a PM, sorry about that.

No problem

Maintaining this list helps me keep track of what's going on in the crypto world. It is moving so fast, it's hard to keep up.

I understand your wish to remain anonymous if you plan to serve the US gambling market due to their strict regulations. I just caution everyone not to invest more than you can afford to lose. If you look at the amounts of money some of the other Dapps/Dcorps are raising, it is small in comparison to yours. It is not because you have a bad idea.. infact you have a very good idea. However, most of the other projects people have revealed their identities to get people to trust them with the BTC.

Good luck on forming a good team to get this done. It could prove very lucrative if you were quick to market and could figure out the technical issues. Consider signing the payment address with a PGP signature to prevent man in the middle attacks. People will quote the OP and change the payment addresses to their own, possibly causing someone to send in money to the wrong address. I have seen someone lose 50 BTC before because of this.

Ah yes, I have read a bit about CryptoNote technology.. admittedly it is hard to keep up. So probably should add Bytecoin, the originator and are there other implementations that are a vast improvement on it? Cryptonote.org

Looks neat. I like the idea. 

I'm running 3 months behind on this thread. I thought I'd just update the list of coins I plan to add. I also changed the name of the thread to include Decentralized Apps/Companies/Funds, as we are seeing a lot more of these lately. It is very exciting.. this is only the beginning. I hope you guys are ready to decentralize everything known to man!

If anyone wants to help me update some of these additions to the list, it would be much appreciated. Even more so if you did it in the same format as the OP, as I could just quote you and copy and paste (I am trying to keep the list organized.) Feel free to submit coins that you think should be on the list, as I know there are other projects that are pretty cool too. Anyways.. If not, I am pretty sure I will likely add the following as soon as I can get to it:

Cryptocoins To Be Added At A Later Date:
- Quarkcoin (The first to implement a short rounds of multiple hashing functions as the proof of work)
- Ethereum (Ethereum is a platform and a programming language that makes it possible for any developer to build and publish next-generation decentralized applications- 2nd turing complete cryptocoin.)
- Megacoin (Kimotos Gravity Well)
- Devcoin (Use of receiver files, and first crypto made to support open source programmers and writers)
- Freicoin (introduced demurrage)
- Gridcoin (and maybe Curecoin) rewards you for BOINC processing.
- Maidsafe (decentralized data storage)
- Swarm (crowdfunding & asset issuance)
- Bitshares & Bitshares AGS (crowdfunding & asset issuance)
- OpenBazaar (decentralized marketplaces)
- LBTCoin (Let's Talk Bitcoin- first news/radio coin, they only will take LBTCoin for sponsorships and advertising, which is how it derives its value in the open market.)
- APICoin (decentralized APIs)
- Permacredits (The Local Currency for the Global Permaculture Movement)
- Qixcoin (first turing complete coin & decentralized game engine IE.. poker, gambling, games, etc.)
- Bitfrog (decentralized gaming IE. poker, gambling, gambling, games)
- BitNPlay (decentralized poker)
- MyriadCoin (first coin to integrate mining of multiple hashing functions simultaneously)
- Bytecoin (Originator of Cryptonote technology)
- Monero (cryptonote coin focused on privacy and anonymity)
-

I am all for decentralization, however for this to work you would need to eliminate sound.  

As long as music makes sound, it will always and forever be able to be ripped and pirated using recording equipment and peer to peer technology.

Someone somewhere would pay for the song, rip it, and share it. That's just how it works and that's how it will always be.

When people have the choice in between free music or the same exact version of the music at a cost, they tend to choose the free music.

I guess this could possibly replace some pay-for-music services, but really who pays for music nowadays?

I have a feeling Swarm might fund Ethereum as a decently largish part of their portfolio. Anyone else get that feeling? I feel like that will be one of the bigger projects Swarm funds.

After thinking about it more, this seems like the best crowd funding option in the crypto world to date. Diversification in different assets is good, so I like that they set the goal really high as far as the amount of money that they are raising, so they can really spread the money around. The only thing is that it misses out on is previous IPOs, but I don't see that as a big deal. If you are interested in something that's already closed the IPO you could just buy it.

If they reach their goal, that will be a ton of money going into decentralized applications. I am really liking this idea!

I think Bitshares AGS is worth looking into as well, it is very similar to Swarm. I particularly like their keyhotee (SP) project, but there are other good ones as well. It is kind of nice with Bitshares, you can already see what projects they have going, there are many listed in their decentralized applications subforums. Although there is no reason why they couldn't also fund things like Ethereum.