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Author Topic: Would it be fair to say no one actually uses any of these alts...  (Read 2435 times)
BitcoinHodler
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November 27, 2016, 01:20:11 PM
 #41

there is nothing the people can use any of the altcoins on. in other words in case you wanted to use an altcoin there would be no place, no business, service or merchant accepting it as payment. so we are all left with one choice: trading them.

besides there are stages for any altcoin to become useful, the first one is the adoption and the beta stage and then it has to be accepted. but because all of them stay in the first stage and get pump and dumped there they end up die.

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November 27, 2016, 02:22:00 PM
 #42

there is nothing the people can use any of the altcoins on. in other words in case you wanted to use an altcoin there would be no place, no business, service or merchant accepting it as payment. so we are all left with one choice: trading them.

besides there are stages for any altcoin to become useful, the first one is the adoption and the beta stage and then it has to be accepted. but because all of them stay in the first stage and get pump and dumped there they end up die.
Well it is a nature of altcoin. for now many people are developers are trying to make altcoin that can be useful they are just making it but the adoption is from other people or sponsor who want to be as bitcoin.. it is depends in people who are holding it and if they want to support and adoption altcoin it can be just the same as bitcoin but they are almost all afraid to be lost many altcoin are not success instead like you said it can be dead in the end.



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November 27, 2016, 02:36:58 PM
 #43

there is nothing the people can use any of the altcoins on. in other words in case you wanted to use an altcoin there would be no place, no business, service or merchant accepting it as payment. so we are all left with one choice: trading them.

besides there are stages for any altcoin to become useful, the first one is the adoption and the beta stage and then it has to be accepted. but because all of them stay in the first stage and get pump and dumped there they end up die.
Well it is a nature of altcoin. for now many people are developers are trying to make altcoin that can be useful they are just making it but the adoption is from other people or sponsor who want to be as bitcoin.. it is depends in people who are holding it and if they want to support and adoption altcoin it can be just the same as bitcoin but they are almost all afraid to be lost many altcoin are not success instead like you said it can be dead in the end.
People will surely divide their minds or do have some hesitations regarding on investing their money on a particular altcoin even to those famous alts because people know that bitcoin is the main crypto we should invest to and believe too. They are not totally useless because some alts do have the potential too but not as good as bitcoin. We cant really blame people because they are just following on which they believe.

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November 27, 2016, 03:22:20 PM
 #44

Monero was supposed to be the end all be all solution for darknet marketplaces. I remember when the huge pump happened and it was all over the news... now months later, im still waiting to see that big adoption. Not that I go in those marketplaces but as far as I know, everyone buying shaddy stuff is still using bitcoin. Therefore I know no alts that get real usage.
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November 27, 2016, 03:35:06 PM
 #45

People will surely divide their minds or do have some hesitations regarding on investing their money on a particular altcoin even to those famous alts because people know that bitcoin is the main crypto we should invest to and believe too. They are not totally useless because some alts do have the potential too but not as good as bitcoin. We cant really blame people because they are just following on which they believe.

except not really, you can see many more interesting features on other cryptocurrencies. Even with altcoins you can have faster confirmations/blocks, which is preferred by most people.
The only real advantage is its user base. Meanwhile the other cryptocurrencies can evolve faster, because they also have less groups trying to shape according to how they'll most benefit.

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November 27, 2016, 03:43:08 PM
 #46

I honestly don't believe anyone actually uses any of these alt coins. Covals main focus is instead of hype to get real usage and admittedly that usage is zero so far. So seriously is anyone actually using any of these platforms. I highly doubt it which means the whole thing is bullshit speculation and likely to crash.

i am glad to see others are also realizing this fact about altcoins. i was just reading another topic in this board about 10,000 altcoins and buying pizza with it! and it is the same story, nobody is really interested or capable of using altcoins.

i bet that less than 1% of a particular altcoin users actually own the wallet of that altcoin, they just buy and keep on the exchange until they dump it.

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November 27, 2016, 03:52:05 PM
 #47

i am glad to see others are also realizing this fact about altcoins. i was just reading another topic in this board about 10,000 altcoins and buying pizza with it! and it is the same story, nobody is really interested or capable of using altcoins.

i bet that less than 1% of a particular altcoin users actually own the wallet of that altcoin, they just buy and keep on the exchange until they dump it.

that's the problem, they just want to get a stake and dump asap to make a profit, simply trying to create value out of nothing, and don't care about developing or actually investing in it.

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November 27, 2016, 03:56:51 PM
 #48

Since we all know altcoins do not have any real-life use, let's just continue our jolly life trading altcoins Cheesy Cheesy

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November 27, 2016, 07:25:27 PM
 #49

Everyone can easily notice that a cryptocurrency is maid to be used, now if you create an alt without an end-point like casino, merchant, service, then it is pointless to create it.
Untill now there is only one crypto who have a large enough ecosystem to survive, and it is Bitcoin. Steem won't stand for long as the only reason to use it, is powering up, litecoin still exists because you can do a lot of things with it, doge is in the same position as litecoin but cheaper.
So if you want to have a strong crypto, you should first think about end-point, what peopl will do with it, and "donation" is not an option because no one will buy an altcoin to donate it to someone else.
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November 27, 2016, 08:17:49 PM
 #50

People will surely divide their minds or do have some hesitations regarding on investing their money on a particular altcoin even to those famous alts because people know that bitcoin is the main crypto we should invest to and believe too. They are not totally useless because some alts do have the potential too but not as good as bitcoin. We cant really blame people because they are just following on which they believe.

except not really, you can see many more interesting features on other cryptocurrencies. Even with altcoins you can have faster confirmations/blocks, which is preferred by most people.
The only real advantage is its user base. Meanwhile the other cryptocurrencies can evolve faster, because they also have less groups trying to shape according to how they'll most benefit.

You just explained why BTC is in fact better.
You don't want a small group making radical changes that can compromise the security and integrity at a whim.
Major changes with BTC should go at a snails place and yes have a lot of input.
This is an asset to the coin.. something Altcoins fail at.

What i find amusing is what you said is intended to bash BTC but all you did was highlight how it's better.

This once again shows me how stupid Altcoin profiteers are.

By the way.. name me one single currency innovation from any Altcoin.
And no i do not consider anon features anything but a step in reverse.
So other than that example there is NONE what so ever.

Every two bit little shithead that dabbled in coding before thinks he can show up here then run his fucking mouth because he's now some big shot fancy schmantzy crypto'z dev now.

WRONG

You are just another douche with a me-too-coin.

Something a trained chimp could do..

Want to impress me pricks ? Start by coding your own Block-chain system instead of aping it for your own shit then crying innovation.

You "Dev's" by a car off the showroom floor then change the wheels & muffler then strut around like some cocky big shot with all those innovationz !!!111 So buy my ICO tokens !!!11

..in return for bitcoin  Cheesy

What we need is a purge again like when Scrypt ASIC's came out and there was a mass exodus.
We need most of you here to think profits are gone and then we can give you a little nudge to GTFO.

We don't need shit heads loitering around trying to make a buck.. off anything that will give dem ROI'z.

Which is the vast majority of crypto dipshits.. and their uber leet "Dev's"

Maybe more retard brats with no coding experience should make a coin for MLM scammer corps ?
Me ?
I am in m Leo Tower heading down to the Leo Cafe because my Leo Android Phone Leo Info App just told me the Leo Exchange is ready for my buy orders.

jeez i can smell the fucking ROI'z from here Shocked

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November 27, 2016, 08:23:30 PM
 #51

Everyone can easily notice that a cryptocurrency is maid to be used, now if you create an alt without an end-point like casino, merchant, service, then it is pointless to create it.
Untill now there is only one crypto who have a large enough ecosystem to survive, and it is Bitcoin. Steem won't stand for long as the only reason to use it, is powering up, litecoin still exists because you can do a lot of things with it, doge is in the same position as litecoin but cheaper.
So if you want to have a strong crypto, you should first think about end-point, what peopl will do with it, and "donation" is not an option because no one will buy an altcoin to donate it to someone else.

that's true, each needs a strong ecosystem surrounding it, otherwise it won't attract people.
If ethereum didn't have so much problems, it'ld be in a better position because the smart contacts system has potential.
When writing the whitepaper of my cryptocurrency, i structured the digital ecosystem i was envisioning for it around financial, commercial, entertainment and miscellaneous services (things like notarial/certification systems, data-oriented, intranet/private communications, ...).

EDIT: @Spoetnik: i wasn't bashing bitcoin just pointing out known things that other cryptocurrencies do better. But anyway, i do think you have some issues... specially when you're pointing things unrelated to my situation

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November 27, 2016, 11:26:46 PM
 #52

On-Topic..

What i see here is a glaring problem...

Then it's up to ALL OF YOU to use the f---ing thing.
Instead what i see is all of you sitting on your hands bitching at the dev saying he failed to get it adopted.

Exactly! How about creating a small ads. site like Craigslist, Backpage, etc. that strongly encourages all transactions to take place in Altcoin, or even has its own which you can maintain in an account? That would be cool. Does Newegg still accept Bitcoin? Doesn't look like it...
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November 28, 2016, 03:47:52 AM
 #53

On-Topic..

What i see here is a glaring problem...

Then it's up to ALL OF YOU to use the f---ing thing.
Instead what i see is all of you sitting on your hands bitching at the dev saying he failed to get it adopted.

Exactly! How about creating a small ads. site like Craigslist, Backpage, etc. that strongly encourages all transactions to take place in Altcoin, or even has its own which you can maintain in an account? That would be cool. Does Newegg still accept Bitcoin? Doesn't look like it...

Problem is there is a dilemma that can not be avoided.
End users will of course see & hear and be confronted with more options for Bitcoin vs any Altcoins.
So they will quickly wonder why should i use some Altcoin instead of Bitcoin ?

And if there was a real working solution that it would be apparent and the value of some Altcoin would probably rival Bitcoin's.

It's not enough to sit around chanting i am the greatest.. you have to be the greatest.

Problem is you are all so far disconnected from the concept of a currency that you are in la la land.

Not sure what to do..
Users need a reason to side step Paypal or Western Union or Interac eTransfer or simply bank to bank etc.
Security is tantamount people and this bullshit does not scream security now does it ?
It screams RISK and that is a massive population turn off.
Bitcoin has already been regarded as a Silk Road criminals and guns coin for years.
And now Ransomware people are forcing the public to buy them.

We need to see reality and deal with it.

It's possible all you profiteers and your scammer buddies have fucked up any potential of wide spread adoption i have said long ago many times.

The damage is done guys.
Context + History can not simply be ignored while you think you are planting a rose in a sea of doge shit.

FUD first & ask questions later™
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