Rw13enlib88 (OP)
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Activity: 2142
Merit: 1025
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March 16, 2016, 12:50:47 AM |
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What the fuck is going on in cryptospace.
Why da fuck is everybody doing swaps to be more scarce?
You really pretend to be bitcoin?
Do you think people want to have 0.000012 bullshit altcoins or they wanna be millionaires?
Biggest note in Europe:500€
Biggest note in Senegal: 10,000cfa
What the fuck you dont understand?
Even in bullshit real coin people prefer to have millions to pennies.
Stop reducing the monetary base. We need to focus on the next adoption phase not attracting a few especulators to pump the price for a week.
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useless eater
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Activity: 94
Merit: 10
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March 16, 2016, 01:01:33 AM |
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What the fuck you dont understand?
Stop reducing the monetary base.
yes massa It is easier for the governments to control one coin rather than many your favorite coin is the number 1 coin on the planet and you are not happy? |
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The Sceptical Chymist
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Activity: 3332
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Cashback 15%
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March 16, 2016, 01:06:45 AM |
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Most of these shitcoins are going to be dead in 1.5 years, you watch. There's too many of them and there's no reason for most of them to exist. They exist to fleece money from bagholders and enrich the devs.
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useless eater
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Activity: 94
Merit: 10
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March 16, 2016, 01:11:23 AM |
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correct
"most" but not "all"
just like the tech bubble 1.0
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armansolis593
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March 16, 2016, 12:05:32 PM |
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Most of these shitcoins are going to be dead in 1.5 years, you watch. There's too many of them and there's no reason for most of them to exist. They exist to fleece money from bagholders and enrich the devs.
Yes alt coins have been popping up out of nowhere recently and been gaining supporters who wish to be rich by being first. Well i doubt that will happen coz theres no way for them to rise up the game with the lack of companies to support them. |
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AliceWonderMiscreations
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March 16, 2016, 12:15:20 PM |
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Stop reducing the monetary base. We need to focus on the next adoption phase not attracting a few especulators to pump the price for a week.
Why do you care what people choose to do with their money? |
I hereby reserve the right to sometimes be wrong
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child_harold
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March 16, 2016, 12:20:38 PM |
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Bitcoin is in trouble…
Ethereum has landed.
Everything has changed……………
ETH is not an alt - its a computer… and BTC is an old fart in this pace atm imo
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Minecache
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Vave.com - Crypto Casino
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March 16, 2016, 12:25:29 PM |
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Bitcoin is in trouble…
Ethereum has landed.
Everything has changed……………
ETH is not an alt - its a computer… and BTC is an old fart in this pace atm imo
Ethereum is the game changer. The Bitcoin Eva and community need to up their game from simply trying to spread FUD to protect their bag hodlings. |
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mcb1221
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Merit: 1000
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March 16, 2016, 12:29:50 PM |
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I fully agree with OP , instead of pretending that we are looking to be millionaire out of penny we should focus on new adaptation .
I am aware that these shitcoin aka altcoins are just a quick rich scheme for dev and IPO & ICO are just a way of scamming people over initial openings.
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AliceWonderMiscreations
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March 16, 2016, 12:42:10 PM |
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altcoins are a necessary part of the crypto-currency ecosystem.
Most are shitcoins and worthless, but there needs to be competition to both prevent bitcoin from becoming stale and to provide an alternative if it does become stale.
Also, honest altcoins can help alleviate the TX rate problem in bitcoin. Right now they don't, well maybe Doge does as it is used for tips some places (or at least use to be). Altcoins is the only way bitcoin can be a fair fee market for transactions - if the tx fee per bite gets too high for the value of your transactions, use an alt-coin with lower fee. That's how fair markets work.
But without alternatives to use, there isn't really a fair market and that could kill bitcoin.
So we need altcoins. I don't particularly like any of the current ones, but as competition for space in the bitcoin blockchain increases, there will be some developed out of necessity.
Altcoins also allow playing with the parameters to see what works best for certain types of transactions. For example, for micro-transactions maybe faster block time helps keep the fees low while pushing a lot of them.
I like the altcoin forum because sooner or later I'll see one that is the one for me. Yes that means wading through shitcoins and no it does not mean I would stop using bitcoin. It just means I realize it is illogical to limit crypto-currencies to a single brand.
Hell, the whole damn point of bitcoin is decentralization. Why then centralize on a single implementation?
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I hereby reserve the right to sometimes be wrong
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AliceWonderMiscreations
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March 16, 2016, 12:44:19 PM |
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Imagine how boring things would be if no one ever created alternate implementations of UNIX.
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I hereby reserve the right to sometimes be wrong
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child_harold
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March 16, 2016, 12:55:52 PM |
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Ethereum is the game changer.
+1 YES IT IS ETH will make BTC look silly (it already did) Time to seperate religion from technology  BIG TIME --> sry Satoshi: @Satoshi: You did good bro, but things happen… |
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RoommateAgreement
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March 16, 2016, 01:45:54 PM |
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it is just attention seeking technique in order to increase the demand to their favorite coin which they are bag holding.
looking at different topics through the years shows that none of those claims had ever came true.
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Buying the dip...
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child_harold
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March 16, 2016, 02:19:55 PM |
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it is just attention seeking technique in order to increase the demand to their favorite coin which they are bag holding.
looking at different topics through the years shows that none of those claims had ever came true.
MS is bag-holding? Unlikely. But they're up to something for sure… e.g. thay stopped accepting BTC in the last week… [seems discordant]) |
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klarki
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Activity: 3234
Merit: 3605
Top Crypto Casino
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March 16, 2016, 02:23:21 PM |
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Altcoin in essence, a new branch in HYIP structure  |
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child_harold
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March 16, 2016, 02:24:27 PM |
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Altcoin in essence, a new branch in HYIP structure Isnt life too short? ETH or DETH? |
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BellaBitBit
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March 16, 2016, 02:54:34 PM |
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altcoins are a necessary part of the crypto-currency ecosystem.
Most are shitcoins and worthless, but there needs to be competition to both prevent bitcoin from becoming stale and to provide an alternative if it does become stale.
Also, honest altcoins can help alleviate the TX rate problem in bitcoin. Right now they don't, well maybe Doge does as it is used for tips some places (or at least use to be). Altcoins is the only way bitcoin can be a fair fee market for transactions - if the tx fee per bite gets too high for the value of your transactions, use an alt-coin with lower fee. That's how fair markets work.
But without alternatives to use, there isn't really a fair market and that could kill bitcoin.
So we need altcoins. I don't particularly like any of the current ones, but as competition for space in the bitcoin blockchain increases, there will be some developed out of necessity.
Altcoins also allow playing with the parameters to see what works best for certain types of transactions. For example, for micro-transactions maybe faster block time helps keep the fees low while pushing a lot of them.
Yes to all of this. I enjoy all of the altcoins, watching innovation and attempts at new technologies. It would be very boring with just one and that would actually be a monopoly which goes against everything that these cryptos are about - decentralization. There are so may talented developers behind many of these so I cannot call them shitcoins - it is taking a lot of brains to do it and some are using idealism with code which is amazing. |
I love Bitcoin
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Nxtblg
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Activity: 924
Merit: 1000
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March 16, 2016, 03:04:14 PM |
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correct
"most" but not "all"
just like the tech bubble 1.0
Yeah...it's sad, but inevitable. Did you know that there were hundreds of automobile companies as of 1910 or so? But in 1950, there were only five left. |
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child_harold
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March 16, 2016, 03:09:58 PM |
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correct
"most" but not "all"
just like the tech bubble 1.0
Yeah...it's sad, but inevitable. Did you know that there were hundreds of automobile companies as of 1910 or so? But in 1950, there were only five left. maybe centralization is like some kinda basic force ??  |
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Nxtblg
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Merit: 1000
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March 16, 2016, 06:11:35 PM |
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correct
"most" but not "all"
just like the tech bubble 1.0
Yeah...it's sad, but inevitable. Did you know that there were hundreds of automobile companies as of 1910 or so? But in 1950, there were only five left. maybe centralization is like some kinda basic force ?? That's what I was wondering. In the econ textbooks, it's explained by "economies of scale." |
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