Any chance for alts to come back?

[chesthing]

After being gone from this scene for a few months, I come back to crickets. The newest coin on Bittrex is 2 weeks old. Are we done here or will they come back I wonder?

[The Sceptical Chymist]

We can only hope they're done.  Most of them serve no purpose whatsoever, other than for speculation. They are not useful as currency, meaning to buy anything and so why shouldn't they all die off?

[eddie13]

Yeah I see the oppertunities in alt trading deminishing, all these new coins I see are just ugh for the most part..

I think that if any are to come back what is going to happen is a major shitcoin cull where many are abandoned and a few of the OG coins that have stood the test of time and some of the coins with true technological development may rise once again.

[matt4054]

We can only hope they're done.  Most of them serve no purpose whatsoever, other than for speculation. They are not useful as currency, meaning to buy anything and so why shouldn't they all die off?

+1

Alts jumped the shark during the second shitcoin spree early 2014.

Good riddance I would say. There's still LTC to play around in the shadow of BTC, as it has always been.

[e-coinomist]

After being gone from this scene for a few months, I come back to crickets. The newest coin on Bittrex is 2 weeks old. Are we done here or will they come back I wonder?

Indeed, that's the place to look for pump'n'dump Shitcoins. Easy to spot.

Nope, I seriously doubt anybody would still fall for that.

[benthach]

After being gone from this scene for a few months, I come back to crickets. The newest coin on Bittrex is 2 weeks old. Are we done here or will they come back I wonder?

the purpose of altcoins is pump with fake buy walls and fake volume then dump sucking newbies to nothing. the coin itself have no tech, just juicy graphics and out of this world promises.

[StanLarimer]

The key buzzword in the Venture Capital industry is "blockchain"
No one says "altcoin".  Everybody says "blockchain"

Even Blythe Masters can give a totally coherent hour long speech on the subject.

http://www.bloomberg.com/news/articles/2015-10-06/blythe-masters-says-forget-bitcoin-embrace-the-blockchain

And the future of blockchains exceeds cryptocurrency applications by orders of magnitude.

Is a variation on Bitcoin all that people who come here can envision? Is a mere cryptocurrency all we can conceive?  That's so 2013.

Perhaps we need a separate subforum for blockchain based applications and platforms?  A place for interchain cooperation, not heckling?

Coins are blossoming on blockchain platforms designed to  let you deploy them in minutes.  They are a dime a dozen.
What counts are smart coins.  Coins backed by revenue streams derived from valuable blockchain based services.

Has all the real cooperative innovation gone off to individual platform forums like Ethereum and BitShares and NXT?

Leaving nothing here but us crickets who thought it was about mining and decentralized consensus technologies?

[Spoetnik]

nope ..things will not repeat.

a dark history has been established.
and there is only 1 crypto virginity !

the people who came had their cherry popped and were either pumped and dumped on for a loss
or they got lucky and squeezed by with a small profit then ran for it.

that same group of people are not magically going to get amnesia and come running back.

and if you all think oh well a new user base will pop up in time in like a decade or something
you are mistaken because they will simply Google it all and come here and see the long dark shitty history.
..of people getting scammed and burned.

but i do like your comment about crickets.
finally someone has the fucking balls to man up and admit it.
for a while now this whole forum and people on exchanges like Poloniex sit there
and deny it all outright !
I argued with various Polo mods about that actually.
And the Polo mod went on and on about i was wrong and their user bases is as good as ever
and growing more and more and he said the same about market caps etc too.
He claimed i was across the board wrong in every aspect then banned me for lying w/ FUD ROFL

these delusional idiots in crypto really do think it's December 2013 still.. trapped in a time bubble of stupidity.
there seems to be no way in hell to get through to them.. collective denial.

funny thing is i called it..
i said in December 2013 this is what was going to happen and..
I told you so boys

[anon_giraffe]

As long as the motivation is short term profit the alt will be dead fairly quickly.

That said, there seems to be a bit of a buzz in takeovers. Amusingly a coin doesn't need to be older than 3 months to get one it seems.

Takeover a coin, hard fork it to make it look like you're doing something useful, then it's just like a brand new one.

[chesthing]

There were some very exciting times, very amusing and entertaining threads, and the potential for a hell of a lot of money to be made. In order to gain bitcoin now you have to use money instead of making it trading alts. I for one think this sucks.

[Conqueror]

manipulation and greed will never leave, alts will pump again

I bet on those 5:
https://bitcointalk.org/index.php?topic=1287481.msg13233136#msg13233136

[illodin]

The key buzzword in the Venture Capital industry is "blockchain"
No one says "altcoin".  Everybody says "blockchain"

Sorry for an uneducated question, but how do these "blockchains" work, will there still be a central authority (a company and its business associates running the network) who decides what goes into the chain or will they still use mining to secure it? If the latter, then what's the incentive to mine them, and all those little chains will be easily attacked. They can't possibly use Ethereum network for example because it doesn't scale. Or what am I missing?

[Spoetnik]

manipulation and greed will never leave, alts will pump again

I bet on those 5:
https://bitcointalk.org/index.php?topic=1287481.msg13233136#msg13233136

why?

@illodin
Interesting questions with no response LOL

But he is right the about buzz-word bullshit

[bhokor]

We have some goods altcoins out, actually we are watching depression in price because Btc uptrend, but i think still altcoins have things to say

[Spoetnik]

Let's put this in perspective.
All these grubby greedy fuckers HERE want you to buy their shitcoin..
So what prey tell do you all suspect they will say if you ask what the OP did in his topic title ?

All these sleazy dishonest douche bags are going to line up to feed you shitcoin cheerleading.

[stoat]

The key buzzword in the Venture Capital industry is "blockchain"
No one says "altcoin".  Everybody says "blockchain"

Sorry for an uneducated question, but how do these "blockchains" work, will there still be a central authority (a company and its business associates running the network) who decides what goes into the chain or will they still use mining to secure it? If the latter, then what's the incentive to mine them, and all those little chains will be easily attacked. They can't possibly use Ethereum network for example because it doesn't scale. Or what am I missing?

Ethereum network will be scaling up by next iteration vitalik explains: http://youtu.be/-QIt3mKLIYU