Enjel (OP)
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January 04, 2018, 09:01:37 AM |
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2018, IMO, will be the year of non-minables vs minables.
Currently the non-minables (and utility coins like ETH) are taking their lion's share of the market.
Do you agree with this assessment?
My major question is: Do you believe that the "new coins" (we all know exactly which these are) will take over the old coins?
(1) For instance, BCH (let's call it old since it is a BTC fork) 4th place is being beseiged by Cardano, XML, New Economy. They just killed LTC, which is dropping like a rock.
(2) DASH has been knocked down by those said coins^ and trampled over by TRX.
(3) Currently, XRP is going to assassinate the king, which is BTC. Will XRP succeed?
What will happen in your opinion? I personally have a pretty wide range of investments. No XRP though, that's for sure.
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Using crypto to pay for college.
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Pursuer
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Where is my ring of blades...
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January 04, 2018, 09:12:31 AM |
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2018, IMO, will be the year of non-minables vs minables.
I don't think so, the distribution model of non-minable coins has never been good and nobody likes that. most of them are 100% unfair distributions which makes the coin even more centralized and the rest are unfair in the sense that some people get more of it. for example the way they distribute it to those who have more bitcoin! someone owning 10000 BTC gets a lot of it and I with 0.001 BTC get nothing. in other words rich get richer. Currently the non-minables (and utility coins like ETH)
ETH is minable! and it has no utility apart from ICO scams... are taking their lion's share of the market.
they are getting pumped, there is a big difference. and how long do you think that lasts? My major question is: Do you believe that the "new coins" (we all know exactly which these are) will take over the old coins?
not necessarily. a coin is valuable if it has useful features. BTC as the safest and as a currency ETH as a hyped up platform where you can simply run an ICO and make a lot of money out of thin air for doing nothing XMR as the anonymous coin that everyone knows and has real anonymity these don't just go away because a new one came in. you can see how many anon coins are there or how many smart contract platforms that are so much better then ETH are out there but these don't go anywhere. (1) For instance, BCH (let's call it old since it is a BTC fork) 4th place is being beseiged by Cardano, XML, New Economy. They just killed LTC, which is dropping like a rock.
(2) DASH has been knocked down by those said coins^ and trampled over by TRX.
(3) Currently, XRP is going to assassinate the king, which is BTC. Will XRP succeed?
all the things you said are market capitalization shenanigans. these coins you mentioned are not going anywhere and coins like LTC and DASH have been pumped recently so it is not their turn to get pumped. after the XRPs and Cardanos and ... were done with their pumps they give their place to others to be pumped like them and the cycle continues.
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Only Bitcoin
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SaintFlow
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The first is by definition not flawed.
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January 04, 2018, 09:17:20 AM |
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DAGs still have a lot of catching up to do.
And Ripple? Pfui - Bad Dog! Go to your corner! Sit! And stay down. See, doesn't help. Never the less, haven't touched Ripple and a sure as Public Key encryption am not starting now. Whoever is behind the push certainly will have his moment of pull.
Seriously though. Imagine Ripple with the same Market-Cap as Bitcoin. Just imagine it. Who on the globe can look at it with straight face and say: well, it must be true since CMC says so.
Pardon, do not want. Just like I ain't touching Iota. No offense my dear coordinators. Sure I have Byteball (what informed Bitcoiner doesn't?)... Yet few users have played in depth with the wallet (link two of them) and uses it as free encryted chat-app. Its "there" already....
My hole point is true adoption. Even though Bitcoin Network is now as slow as traditional Banking and multiple times more expensive its biggest issue for me was lack of consensus how to deal with the increased demand. Chainsplits should not have happend.
Rayblock? Captcha for glory somehow doesn't inspire me as a good origion story....
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don't let me make you question your assumptions
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h0lybyte
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January 04, 2018, 09:25:51 AM |
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I am not sure if any of altcoins can assassinate bitcoin but undoubtedly ripple is market is currently riding like horse, market capitalisation is very high and i can barely see ripple dominatinting all other altcoins according to trade volume. RIn fact, rpple coin's dominance will not affect bitcoin market but other altcoins may get decreased definitely if people move to ripple
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SaintFlow
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The first is by definition not flawed.
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January 04, 2018, 09:45:59 AM |
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Funny actually how everyone was predicting the death of ICO-spam. That ripple might play a role in potentially sucking their market dry blindsided me.
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don't let me make you question your assumptions
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jakezyrus
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January 04, 2018, 10:01:41 AM |
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I am not sure if any of altcoins can assassinate bitcoin but undoubtedly ripple is market is currently riding like horse, market capitalisation is very high and i can barely see ripple dominatinting all other altcoins according to trade volume. RIn fact, rpple coin's dominance will not affect bitcoin market but other altcoins may get decreased definitely if people move to ripple
as of now i didnt see that other altcoins and tokens are affected to this issue. all i can see that majority of alts/tokens are still increasing and pumping ever since last week and until today. however i think bitcoin is the only coin that is affected to this because as we see bitcoin drops hard lately but overall ripple has still nothing to do with bitcoin or any other major altcoins out there like etherium and bitcoincash because these coins were still the mainstream and have a real usage or purpose on both online or offline environment.
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talkbitcoin
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All I know is that I know nothing.
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January 04, 2018, 10:47:54 AM |
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it is funny how each time the altcoin pumps are happening people start talking about some doomsday for bitcoin!
show me where these crypto currencies such as Cardano, XML, XRP, ETH, DASH, TRX,... can be used as a currency? (i am intentionally ignoring BCH because that is a difference beast with a million backs!). you can't because there aren't any. the only usage for these are speculation inside exchanges. and each time they get pumped for a while and then forgotten for months at a time while others get pumped and rinse and repeat.
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hatshepsut93
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January 04, 2018, 11:11:01 AM |
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If you agree that cryptocurrency market is in a bubble, similar to dotcom, then it becomes clear why new, non-minable and utility coins are outperforming old PoW coins - investors are just speculating and dumping their money at whatever they think is cheap and will skyrocket in next month - no one really cares about fundamentals. about technology and decentralization, investors are just hoping for bigger fools. When altcoins were rallying in Q2 2017 you could have made profit (and I did) by buying random coins, because the whole market was bullish until it crashed. The similar thing is going on now, and at some point people will realize that those coins and tokens are useless, because developers haven't delivered any of their promises or the coin is heavily centralized, and the whole altcoin market will crash.
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Apraksin
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Moon?
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January 04, 2018, 11:39:06 AM |
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Ripple is at the moment insanely pumped, there are going to be a lot of butthurt suicidal Asians when the bubble bursts and someone dumps a few billions on them.
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YuginKadoya
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January 04, 2018, 11:41:50 AM |
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No one ever gonna take bitcoin's place, we can sure see the ranking of each coins on the marketcap but I think that is not really important because it is just an analysis regarding the rank of coins because of their current movements, we all know that bitcoin cash is just a trashy coin but it is still remains in the 4th position, there are not so many supporters for BCH, And I think that you can not make an assessment because a site had told you that a coin is now number 1 than bitcoin.
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Enjel (OP)
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January 04, 2018, 11:46:41 AM |
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Ripple is at the moment insanely pumped, there are going to be a lot of butthurt suicidal Asians when the bubble bursts and someone dumps a few billions on them.
Yeah, I hope XRP bursts soon and rains down on the other coins. That would be nice. But who knows..?
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Using crypto to pay for college.
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HeRetiK
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Playgram - The Telegram Casino
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January 04, 2018, 01:15:24 PM |
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2018, IMO, will be the year of non-minables vs minables.
[...]
What will happen in your opinion? I personally have a pretty wide range of investments. No XRP though, that's for sure.
I agree that 2018 will be the year of premined vs decentralized tokens, but I doubt that it is necessarily going to be a long battle. The premine pumps just started a few days ago, so it's still too early to tell how sustainable their growth is. My guess is... not so much. But I have a feeling that the peak is yet to come. Funny actually how everyone was predicting the death of ICO-spam. That ripple might play a role in potentially sucking their market dry blindsided me.
lol I know, right?! it's pretty much The Wolf of Wall Street meets Game of Thrones right now.
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VuLDK
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Activity: 284
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January 04, 2018, 02:03:26 PM |
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2018, IMO, will be the year of non-minables vs minables.
Currently the non-minables (and utility coins like ETH) are taking their lion's share of the market.
Do you agree with this assessment?
My major question is: Do you believe that the "new coins" (we all know exactly which these are) will take over the old coins?
(1) For instance, BCH (let's call it old since it is a BTC fork) 4th place is being beseiged by Cardano, XML, New Economy. They just killed LTC, which is dropping like a rock.
(2) DASH has been knocked down by those said coins^ and trampled over by TRX.
(3) Currently, XRP is going to assassinate the king, which is BTC. Will XRP succeed?
What will happen in your opinion? I personally have a pretty wide range of investments. No XRP though, that's for sure.
Never end =)))
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shtako
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January 04, 2018, 03:48:04 PM |
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Bitcoin got intrinsic value, 99% of the alt coins don't. No one knows how this will play out, but I'm betting on a correction soon enough.
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omonuyak
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January 04, 2018, 07:13:50 PM |
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2018, IMO, will be the year of non-minables vs minables.
Currently the non-minables (and utility coins like ETH) are taking their lion's share of the market.
Do you agree with this assessment?
My major question is: Do you believe that the "new coins" (we all know exactly which these are) will take over the old coins?
(1) For instance, BCH (let's call it old since it is a BTC fork) 4th place is being beseiged by Cardano, XML, New Economy. They just killed LTC, which is dropping like a rock.
(2) DASH has been knocked down by those said coins^ and trampled over by TRX.
(3) Currently, XRP is going to assassinate the king, which is BTC. Will XRP succeed?
What will happen in your opinion? I personally have a pretty wide range of investments. No XRP though, that's for sure.
I also have a very range of investment but not ripple and I keep on asking myself what is really happening. I think I will buy some unit of ripple after the next correction which is underway. Last month we have many speculation that bitcoin is the currency of the future and now we are saying that bitcoin will be kill by ripple or replace by ripple as a dominant coins.
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player514
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January 04, 2018, 07:45:02 PM |
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Ripple is at the moment insanely pumped, there are going to be a lot of butthurt suicidal Asians when the bubble bursts and someone dumps a few billions on them.
Ripple is definitely way too pumped. People don't know that it's completely centralized lol, they see it on the altcoin markets and are like, well what could go wrong? They don't see that the creator can basically monitor everything; people aren't as safe as they are when they use bitcoin. All it takes is a couple of the big hitter investors to pull out of ripple and instantly it'll be gone. I don't think I'd complain though, because bitcoin would probably benefit from a ripple drop. I'm sure those who put their money in ripple would be willing to move back to BTC.
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This area is up for grabs! PM me if you're interested.
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Crypto_Addict
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January 04, 2018, 07:59:04 PM |
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(My opinion) BTC will rise soon
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gentlemand
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Welt Am Draht
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January 04, 2018, 08:17:45 PM |
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I don't think it's much to do with mining and more to do with coins dividing themselves into either money coins or utility coins. And the utility coins shouldn't really be regarded as coins either.
Ripple and buddies shouldn't even be in the crypto market, but that's very definitely utility. ETH's developers have said it shouldn't be treated as money, though that didn't stop people.
I can easily imagine a utility coin being worth more than BTC because there's a whole world out there with the demand for utility, perhaps more so than money of Bitcoin's qualities. Should we get uptight about this? Not really.
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dothebeats
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January 04, 2018, 08:24:06 PM |
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People will always find value in bitcoin no matter how awful the situation can get, so even if the price dropped heavily, people are still going to trade bitcoin hoping that someday it will recover and bounce back stronger. It doesn't matter if it's a coin that can be mined or not, as long as people find some uses for them, it will still be alive and will be traded by people. And as I can see it, some coins out there are overbought, and only time will tell whether these coins would continue rising (which I know for a fact won't) or be halted on its growth since people would already find other coins to toy with.
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error08
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January 04, 2018, 11:59:32 PM Last edit: January 05, 2018, 12:09:56 AM by error08 |
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Mineable vs non-mineable coins? it's not something like that obviously. I'd rather to see it as utility vs non-utility coins. Bitcoin will always be the king, xrp is just a coin which currently being pump and dump, you will see it crash in this month. Ethereum has bigger potential than dash or litecoin, it will stand and settle for second best coin in the market despite the fact of ripple market cap is bigger than eth. On the other hand, xlm, xrp, cardano and trx are just gaining value in a short time, temporary coins to be traded.
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