pennyfx (OP)
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March 22, 2013, 09:00:30 PM |
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If MtGox supported one other crypto currency we could move money between exchanges easier and increase Bitcoin liquidity. Which currency should they choose?
My vote is for FRC.
FRC is not a reserve crypto currency and is not subject to hoarding because your coins degrade over time. This means you can use FRC for the transfer, but then you are incentivized to buy another type of coin. BTC, LTC, etc.
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solomon
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March 22, 2013, 09:28:06 PM |
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Bitcoin. We've got 5 min lag atm
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pennyfx (OP)
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March 22, 2013, 10:12:45 PM |
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Mt Gox already supports Bitcoin. Which is the next crypto coin they should support?
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btcirl
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March 22, 2013, 10:52:34 PM |
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Bitcoin. We've got 5 min lag atm
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Mike Christ
aka snapsunny
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March 22, 2013, 11:01:05 PM |
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Grover
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I was thinking Stay Puft, but Gozer said Grover
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March 22, 2013, 11:16:13 PM |
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Litecoin.
So you run Mt.Gox? Or are you going to petition them with a survey?
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iorrus
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March 22, 2013, 11:47:27 PM |
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LTC and FRC would be nice.
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Wekkel
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yes
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March 22, 2013, 11:50:55 PM |
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Litecoin as easy in and out payments mechanism.
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nevel
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March 23, 2013, 01:41:50 PM |
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maybe Freicoins
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Aahzman
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March 23, 2013, 01:55:13 PM |
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None. All other cryptocurrencies can eat a bag of monkey dick. Bitcoin is king. The altcoins should accept this and commit suicide.
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nevel
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March 23, 2013, 03:49:07 PM |
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Yes, alto coins are a way of inflation like central banks printing money. Less is better. But I don't think the BitCoin will last forever. Better design is needed for the long run.
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codebyte
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March 23, 2013, 03:52:28 PM |
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Litecoin
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nobbynobbynoob
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March 23, 2013, 04:10:19 PM |
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Yes, alto coins are a way of inflation like central banks printing money. Less is better. But I don't think the BitCoin will last forever. Better design is needed for the long run.
Nah, the fact that I have LTC in no way devalues our BTC. The market decides how much each is worth.
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freebeer2go
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March 23, 2013, 05:25:43 PM |
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LTC of course, no other coin come close in terms of market cap, and market cap is important for trading.
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DeathAndTaxes
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Gerald Davis
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March 23, 2013, 06:05:58 PM |
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Yes, alto coins are a way of inflation like central banks printing money. Less is better. But I don't think the BitCoin will last forever. Better design is needed for the long run.
Much like dirt coins devalue gold coins.
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ihopedso
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March 23, 2013, 07:05:43 PM |
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I don't imagine they will support another crypto currency unless its use surpasses bitcoin.
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zemario
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March 23, 2013, 08:06:58 PM |
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litecoins appear to be the obvious choice.
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TeeBone
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March 23, 2013, 09:34:10 PM |
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Is litecoin the 'silver' of cryptos ? (bitcoin obviously being the gold-standard)
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Newscastix
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March 23, 2013, 10:29:39 PM |
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Litecoin of course - its the second largest after Bitcoin
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gamelife859
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March 23, 2013, 10:33:54 PM |
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Litecoin would be the obvious choice.
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Mjbmonetarymetals
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March 24, 2013, 02:08:34 AM |
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Litecoin - Many in the Bitcoin realm fear it as the robin hood of crypto coins, Litecoin though is the perfect option if you don't want fiat and also don't want to be all in btc. Single crypto coin exchanges will become less popular than multi coin exchanges.
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Bitrated user: Mick.
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cryptojournal
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March 24, 2013, 12:09:53 PM |
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Litecoin, of course, and maybe PPcoin? I guess the others (Terracoin, Namecoin, etc.) are not stable/important enough yet to be considered by Mtgox...
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Cryptlexity
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March 24, 2013, 06:06:50 PM |
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I think they should improve their current crypto currency before adding any others.
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rappercake
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March 24, 2013, 07:49:10 PM |
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What else could they use other than Litecoin?
Meritcoin? (lel)
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2weiX
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this space intentionally left blank
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March 24, 2013, 07:49:51 PM |
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Bitcoin. We've got 5 min lag atm
BOOYAKKA
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Gator-hex
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March 24, 2013, 07:51:57 PM |
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Litecoin = Bitcoins distributed fairly.
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Redi
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March 24, 2013, 08:17:09 PM |
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None. All other cryptocurrencies can eat a bag of monkey dick. Bitcoin is king. The altcoins should accept this and commit suicide.
This. I really see no point in using alternative crypto-currencies, they are just harming the system and the idea. Fragmentation is not good mmmkay?
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2weiX
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March 24, 2013, 08:21:32 PM |
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ripple imho.
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nobbynobbynoob
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March 25, 2013, 04:30:32 AM |
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I really see no point in using alternative crypto-currencies, they are just harming the system and the idea. Fragmentation is not good mmmkay?
Monopoly is not good... mmmkay? If a concept is so wonderful - and I think Bitcoin is - it can stand a bit of competition. Actually, Litecoin et al don't even have to be perceived as competition: they can complement Bitcoin analogous to the way (excuse the cliché) that silver complements gold.
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AnonyMint
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March 25, 2013, 06:23:13 AM |
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BeggarCoin
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indor
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March 25, 2013, 08:57:54 AM |
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PPC, LTC, nova !
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cobra-kai
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March 25, 2013, 09:59:13 AM |
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I think XRP (ripple) would be a great choice. The difficulties in moving fiat currency between exchanging is a major problem, as I see it, hampering trading and creating large differences in BTC exchange rates between different exchanges. Ripple is to exchanges as BTC is to fiat currency, so I think it would be a perfect complement to take cryptocurrency to the next step.
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2weiX
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March 25, 2013, 10:36:18 AM |
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I think XRP (ripple) would be a great choice. The difficulties in moving fiat currency between exchanging is a major problem, as I see it, hampering trading and creating large differences in BTC exchange rates between different exchanges. Ripple is to exchanges as BTC is to fiat currency, so I think it would be a perfect complement to take cryptocurrency to the next step.
yep. seeing that XRP might as well be regarded as regulated under FINCEN (or whateverthefuck it's called), there's no reason not to.
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martinlivet
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March 25, 2013, 12:24:14 PM |
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Like everybody sais: Litecoin of course
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piCube
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March 25, 2013, 01:34:43 PM |
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Yup...i think Mtgox should support litecoin
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Redi
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March 25, 2013, 04:34:57 PM |
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I really see no point in using alternative crypto-currencies, they are just harming the system and the idea. Fragmentation is not good mmmkay?
Monopoly is not good... mmmkay? Hmm, I'm new to the bitcoin game and I do it mainly for fun. So, how can be decentralised currency perceived as "monopoly"?
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vonross2012
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March 25, 2013, 04:36:28 PM |
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All of them. The more the better. It gives more value to the whole market.
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Trading
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Nothing like healthy scepticism and hard evidence
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March 25, 2013, 05:43:50 PM |
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Litecoin and Terracoin.
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cobra-kai
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March 27, 2013, 06:58:35 AM |
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Seeing that the founder of mtgox is a major stakeholder in ripple, I would in fact be surprised that we would have to wait very long for ripple integration on mtgox.
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nfhoward
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March 27, 2013, 02:16:49 PM |
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I don't imagine they will support another crypto currency unless its use surpasses bitcoin.
I don't think they have to surpass BTC, but at least become a contender. I think adding another CryptoCurrency would add legitimacy to BTC if nothing else (assuming LTC or whatever are fairly legit).
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Edvin512
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March 27, 2013, 04:17:00 PM |
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litecoin would be nice
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I am like a lennisters
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