richardsNY
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February 08, 2016, 09:48:43 PM |
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very interesting thread, first of all.
I still like Peercoin and I still think PoS coins can be good if well developed.
I used to like NXT but now it seems not so healthy: NXT markets were a plus.
I agree with who says that ETH is too sophisticated: maybe we still don't realize its true potential. Anyway, I think BTC rules the game and will continue to do so.
I don't like POS for one reason alone, and that is that the cold wallets of the exchanges are staking huge numbers of coins and they end up dumping them on the people who deposited the coins. I personally think there isn't a coin that can compete with Bitcoin in ANY way. Other coins might have better features and faster confirmation times, but still, Bitcoin is the all time nr1. |
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Natlind
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February 09, 2016, 03:07:04 PM |
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very interesting thread, first of all.
I still like Peercoin and I still think PoS coins can be good if well developed.
I used to like NXT but now it seems not so healthy: NXT markets were a plus.
I agree with who says that ETH is too sophisticated: maybe we still don't realize its true potential. Anyway, I think BTC rules the game and will continue to do so.
I don't like POS for one reason alone, and that is that the cold wallets of the exchanges are staking huge numbers of coins and they end up dumping them on the people who deposited the coins. I personally think there isn't a coin that can compete with Bitcoin in ANY way. Other coins might have better features and faster confirmation times, but still, Bitcoin is the all time nr1. So we should not put too much PoS coins in the exchanges. After we buy it, we should withdraw it to our own wallet. |
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takingthis4
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February 09, 2016, 05:33:51 PM |
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There always will competitors like Litecoin and Dogecoin but bitcoin have strong position
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veles7
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February 09, 2016, 07:59:10 PM |
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Bitcoin always have competition, but it some points Bitcoin is yeaser way to invest or sold high price. Biggest competitors are Litecoin or Dogecoin.
Biggest competitors were litcoin or Dogecoin. But not any more. These two are just clones of Bitcoin. The new biggest competitor is Ethereum. Ethereum fligtht from 0,90$ to 3,61$ at some days, it's very good  |
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mickiya
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February 10, 2016, 10:26:42 AM |
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Bitcoin always have competition, but it some points Bitcoin is yeaser way to invest or sold high price. Biggest competitors are Litecoin or Dogecoin.
Biggest competitors were litcoin or Dogecoin. But not any more. These two are just clones of Bitcoin. The new biggest competitor is Ethereum. Ethereum fligtht from 0,90$ to 3,61$ at some days, it's very good The price is $4.5 now. Any reason for the big rise recently? I think it has risen too fast, too high. |
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Amph
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February 10, 2016, 11:37:11 AM |
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Bitcoin always have competition, but it some points Bitcoin is yeaser way to invest or sold high price. Biggest competitors are Litecoin or Dogecoin.
Biggest competitors were litcoin or Dogecoin. But not any more. These two are just clones of Bitcoin. The new biggest competitor is Ethereum. Ethereum fligtht from 0,90$ to 3,61$ at some days, it's very good The price is $4.5 now. Any reason for the big rise recently? I think it has risen too fast, too high. probably a bubble, it will bust at some point, it is already in the "busting zone", i would invest a smaller % for now, it can go higher though... |
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Dekker3D
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February 10, 2016, 11:44:59 AM |
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Bitcoin always have competition, but it some points Bitcoin is yeaser way to invest or sold high price. Biggest competitors are Litecoin or Dogecoin.
Biggest competitors were litcoin or Dogecoin. But not any more. These two are just clones of Bitcoin. The new biggest competitor is Ethereum. Ethereum fligtht from 0,90$ to 3,61$ at some days, it's very good The price is $4.5 now. Any reason for the big rise recently? I think it has risen too fast, too high. probably a bubble, it will bust at some point, it is already in the "busting zone", i would invest a smaller % for now, it can go higher though... I've thought about it when it was at around $2 but it didn't burst and did the opposite. Now, it's hard to buy in due to the bigger possibility of a dump. Wondering though if that'll actually happen within the next few days or so. |
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romero121
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February 10, 2016, 11:50:16 AM |
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Bitcoin is the cryptcurrency that has evolved first and still growing. Following this based on bitcoins technology other alternative currencies came into existence and now trying to overcome bitcoin which is the master of crypts, that is not possible anytime
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mickiya
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February 11, 2016, 08:43:47 AM |
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Bitcoin always have competition, but it some points Bitcoin is yeaser way to invest or sold high price. Biggest competitors are Litecoin or Dogecoin.
Biggest competitors were litcoin or Dogecoin. But not any more. These two are just clones of Bitcoin. The new biggest competitor is Ethereum. Ethereum fligtht from 0,90$ to 3,61$ at some days, it's very good The price is $4.5 now. Any reason for the big rise recently? I think it has risen too fast, too high. probably a bubble, it will bust at some point, it is already in the "busting zone", i would invest a smaller % for now, it can go higher though... I've thought about it when it was at around $2 but it didn't burst and did the opposite. Now, it's hard to buy in due to the bigger possibility of a dump. Wondering though if that'll actually happen within the next few days or so. If we keep on calling it a bubble, it will burst one day. I sold some at $1.5 and sold most at $2.5. Now it is higher. |
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Natlind
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February 21, 2016, 10:06:06 PM |
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There always will competitors like Litecoin and Dogecoin but bitcoin have strong position
The litecoin and Dogecoin are not major competition to bitcoin. They are just the clones, not much value in them. |
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mickiya
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February 22, 2016, 11:09:00 AM |
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Bitcoin is the cryptcurrency that has evolved first and still growing. Following this based on bitcoins technology other alternative currencies came into existence and now trying to overcome bitcoin which is the master of crypts, that is not possible anytime
Only new coins with general or specific application where bitcoin cannot compete will be successfully. |
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apriloni
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February 28, 2016, 01:37:57 PM |
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There always will competitors like Litecoin and Dogecoin but bitcoin have strong position
These coins are just clones of bitcoin, there is no other innovation. If I have bitcoin, I do not need those coins. |
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romero121
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February 28, 2016, 03:57:53 PM |
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There always will competitors like Litecoin and Dogecoin but bitcoin have strong position
These coins are just clones of bitcoin, there is no other innovation. If I have bitcoin, I do not need those coins. Eventhough they are the clones, they have also made their way to compete with the innovater. I feel with these it is good to earn altcoins and use those to buy bitcoins. |
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mickiya
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February 29, 2016, 07:10:28 PM |
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There always will competitors like Litecoin and Dogecoin but bitcoin have strong position
These coins are just clones of bitcoin, there is no other innovation. If I have bitcoin, I do not need those coins. Eventhough they are the clones, they have also made their way to compete with the innovater. I feel with these it is good to earn altcoins and use those to buy bitcoins. That is the main reason I mine altcoin. That is my way to earn bitcoin. I sell those altcoin to buy bitcoin. |
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maokoto
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February 29, 2016, 07:19:06 PM |
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I will not risk to talk about a specific coin alternative, but I think POS as a concept is here to stay. Mining is more and more centraliced everyday, and people want the thrill of generating new coins. Bitcoin will stand and some POS alternatives will be there too.
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mickiya
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March 01, 2016, 05:57:35 PM |
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I will not risk to talk about a specific coin alternative, but I think POS as a concept is here to stay. Mining is more and more centraliced everyday, and people want the thrill of generating new coins. Bitcoin will stand and some POS alternatives will be there too.
Ethereum is PoW at the moment. It is the second largest digital coin. It will become PoS in 10 months time. It will be the largest PoS. |
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apriloni
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March 15, 2016, 10:12:29 AM |
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I will not risk to talk about a specific coin alternative, but I think POS as a concept is here to stay. Mining is more and more centraliced everyday, and people want the thrill of generating new coins. Bitcoin will stand and some POS alternatives will be there too.
Ethereum is PoW at the moment. It is the second largest digital coin. It will become PoS in 10 months time. It will be the largest PoS. PoW is better for the health of the coin in the initial stages. In the future, the PoS will save a lot of electricity. |
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n0ne
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March 15, 2016, 03:49:39 PM |
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All the altcoins were in competition with the bitcoin. Bitcoin is the leader for such a technology. Even without altcoins bitcoin would never reached this position within a very short term of seven years.
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trenchflaint
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March 16, 2016, 06:44:16 AM |
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All the altcoins were in competition with the bitcoin. Bitcoin is the leader for such a technology. Even without altcoins bitcoin would never reached this position within a very short term of seven years.
I doubt that it will reach its peak at 7 years,its good to have competitors as its strives developer to work more and more to make bitcoin better. Ideas coming from alts i a good thing which we can implement in bitcoin for the near future. |
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Amph
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March 16, 2016, 09:33:51 AM |
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All the altcoins were in competition with the bitcoin. Bitcoin is the leader for such a technology. Even without altcoins bitcoin would never reached this position within a very short term of seven years.
I doubt that it will reach its peak at 7 years,its good to have competitors as its strives developer to work more and more to make bitcoin better. Ideas coming from alts i a good thing which we can implement in bitcoin for the near future. not that good to have many competitors, because the money will flow away from bitcoin to those shitcoin, and diluite the market, and thus making bitcoin less valuable, or less inclined to be valuable in the short term at least |
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