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Author Topic: So which alt coins seem legitimate/solid?  (Read 5438 times)
Honeypot (OP)
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December 10, 2013, 06:57:28 AM
 #1

Title says it all.

There are right now at least 60 + coins in circulation to one degree or another. That seems somewhat excessive, and most definitely give rise to concerns about pump and dump schemes, among others.

Is it realistic that all those coins or even half of them, will be around 1 year from now? What will kill them? What will help them survive?

Which coins do you think have the legitimacy and merit to survive and become the next bitcoin rival?

Discuss.
miffman
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December 10, 2013, 07:12:18 AM
 #2

CGB has a lot of potential, check it out  Smiley














 

 

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KingGoon
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December 10, 2013, 07:14:42 AM
 #3

Im checking out Quark and Nxt  Cool

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December 10, 2013, 07:15:48 AM
 #4



ANC, MEC, BTB, GRC are some good ones.
Tenchi
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December 10, 2013, 07:40:48 AM
 #5

Dogecoin for sure

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eon89
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December 10, 2013, 07:43:59 AM
 #6

Dogecoin for sure
+1


t3a
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December 10, 2013, 07:59:17 AM
Last edit: December 10, 2013, 08:20:05 AM by t3a
 #7

CGB has a lot of potential, check it out  Smiley

Clone of Novacoin. Why would that be legitimate/solid?

Im checking out Quark and Nxt  Cool
Nxt - Do you like 100% premine? Is one person owning the entirety of a currency something that appeals to you? Also did they fix PoS or is it forced to be centralized along with being 100% premine? Nxt is the USD of cryptocurrencies.
Quark - Clone of Bitcoin with 6 different hashing algorithms. Leads fools into believing it is ASIC proof, but really it is just temporarily a botnet-miners friend.

ANC, MEC, BTB, GRC are some good ones.

ANC - Bitcoin already can connect through Tor. Coin Control is a good idea, but it isn't a protocol modification and doesn't require a new currency.
MEC - Probably made by an art student. All that it looks like was changed was the block rewards (doubled) and a flashy website was made for it.
BTB - PPC except "super rare" (in other words the creator has no idea how economics works)
GRC - LTC except centralized. You're better off donating your processing power to BOINC and mining LTC at the same time than supporting this centralized scamcoin.

Dogecoin for sure
I feel like this coin is a satire of all the other worthless altcoins.




TL;DR: Buy coins that have actual features and aren't premined or centralized (BTC, NMC).

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cdog
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December 10, 2013, 08:16:36 AM
 #8

Litecoin is the boss alt. There are many coins trying to become #3, though nobody agrees with what it is yet.

Peercoin, Primecoin, Namecoin, and the yet to be developed Tacotime Netcoin are in the running.

http://www.forbes.com/sites/reuvencohen/2013/11/27/the-top-30-crypto-currency-market-capitalizations-in-one-place/
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December 10, 2013, 08:19:03 AM
 #9

StableCoin
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December 10, 2013, 08:36:33 AM
 #10

Gridcoin is not a Scamcoin - Lets clear this up right now.

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r32godzilla
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December 10, 2013, 08:49:59 AM
Last edit: December 10, 2013, 12:01:15 PM by r32godzilla
 #11

Digitalcoin.

Fair launch, no premine, never been forked (unlike FTC, WDC etc), great dev, excellent proactive community, CryptoAve (SRC,DGC,ARG to USD) exchange currently in beta, digiclick.co and various other services completed or in development.

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perhan007
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December 10, 2013, 08:51:24 AM
 #12

100% Nybble

Very fair start, no pump and dump, slow and steady grow!
t3a
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December 10, 2013, 08:57:29 AM
 #13

Lets clear this up right now.
Okay, are you going to clear this up? Or are you just going to make a baseless statement..

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mercSuey
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December 10, 2013, 09:06:52 AM
 #14

CGB has a lot of potential, check it out  Smiley

Clone of Novacoin. Why would that be legitimate/solid?



It's legitimate/solid because of the projects I'm building on top of the block chain.  No other coin can claim to have the project development that CGB currently has. First project recently announced, which is a distributed datastore mediated by the CGB block chain.  More info can be found here: http://MADEsparq.org.  Or maybe that was a rhetorical question and you're just trying to pump your own toy coins with nothing to offer other than 'volume' for exchanges and 'auctions' and 'ad platforms'...?
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December 10, 2013, 09:07:47 AM
 #15


Haha, I love this!
t3a
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December 10, 2013, 09:18:00 AM
 #16

Or maybe that was a rhetorical question and you're just trying to pump your own toy coins with nothing to offer other than 'volume' for exchanges and 'auctions' and 'ad platforms'...?

Learn to read, I clearly endorsed Bitcoin at the bottom of the post. If you think pointing out flaws in these cryptocurrencies will raise the price of Bitcoin you are delusional.

As for your project: good for you, but assuming it is successful and open source, could you explain why it won't be forked to be compatible with Bitcoin right away?

There is nothing unique about the currency itself. It is simple a copy of another currency that users are trying to get in on early.

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A_Free_Man
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December 10, 2013, 09:22:02 AM
 #17

Dogecoin
It's inherent memey nature ensures a large starting audience.
mercSuey
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December 10, 2013, 09:24:24 AM
 #18

Or maybe that was a rhetorical question and you're just trying to pump your own toy coins with nothing to offer other than 'volume' for exchanges and 'auctions' and 'ad platforms'...?

Learn to read, I clearly endorsed Bitcoin at the bottom of the post. If you think pointing out flaws in these cryptocurrencies will raise the price of Bitcoin you are delusional.

As for your project: good for you, but assuming it is successful and open source, could you explain why it won't be forked to be compatible with Bitcoin right away?

There is nothing unique about the currency itself. It is simple a copy of another currency that users are trying to get in on early.


Sure, if it makes you feel more secure and safe to think of it in those terms, then so be it. 

But your statement is not without profound irony:  the clone becomes cloned.  Hmm...
t3a
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December 10, 2013, 09:29:07 AM
 #19

Quote
Sure, if it makes you feel more secure and safe to think of it in those terms, then so be it.  
Yes, I do feel more safe and secure believing facts.

Your statement is not without profound irony:  the clone becomes cloned.  Hmm...
There is nothing ironic about me pointing out that the cryptocurrency is a copy.

This might help you http://www.merriam-webster.com/dictionary/irony

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mercSuey
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December 10, 2013, 09:47:14 AM
 #20

Quote
Sure, if it makes you feel more secure and safe to think of it in those terms, then so be it.  
Yes, I do feel more safe and secure believing facts.

Your statement is not without profound irony:  the clone becomes cloned.  Hmm...
There is nothing ironic about me pointing out that the cryptocurrency is a copy.

This might help you http://www.merriam-webster.com/dictionary/irony

It's ironic because first you say CGB is a copy then you say what's to stop other coins from...copying...it.  Apparently you should spend more time reading the dictionary yourself.
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