so are coins 2.0 / 3.0 going to eat btc???

[jubalix]

NXT a 2.0 seems to be eating up BTC, then emunies coming which is basically a 3.0 coin
,
I mean NXT has had how much value rise in a month something ridiculous even with its faults and tradeing on dgex. It sorta looks like a fast forward version of BTC evaluating against fiat, for NXT v BTC.
 
I'm not sure how BTC will be able to compete, given NXT and Emunie avoid the whole mining thing, as well as offer allot of features.

Mastercoin seems to redress this a bit but looks clunky

ok features of emunie for example

    Speed - Transactions are processed almost instantly (sub-20 seconds) and are safe to trust.
    Size - Small data set, clients download only what they need, and most do not need the whole transaction tree.
    Interest - eMunie uses a TRUE economic supply & demand based currency system where new supply is distributed to current stake holders
    P2P exchange - The first true P2P exchange allowing not only the exchange of eMu, but ANY currency or commodity registered within the system
    ENS - A naming system for wallet addresses which allows more human readable terms to be assigned to an address.
    Postman - Secure e-mail system including attachments.
    ERC - Secure chat rooms/channels similar to IRC days of old (private rooms supported).
    EIM - Secure instant messaging between 2 or more parties.
    Ratings - Self explanatory, you can rate the sender of transactions (these ratings are used for various things in the community)
    Profiles - Public & private profiles where you may enter some details about yourself (or your business)
    much much more....

https://bitcointalk.org/index.php?topic=330744.0

[Ibian]

This again? At least list a few features of each of them.

[HairyMaclairy]

Mastercoin is a premined heap of doge.   All wild promises with no clue how to implement in reality.  Same with anything coming out of Invictus.

[thefunkybits]

The only promising new coins IMO are Quark and Primecoin. Obviously LTC as well.

Even still these will never take over BTC

[Ibian]

I just noticed but not sure what an allot is. I know what an alot is, maybe an allot is some kind of cousin?

[Meizirkki]

Coins not based on Bitcoin codebase are interesting but likely going to encounter many minor, maybe even some major bugs. PoS is very interesting too tho a step backwards in decentralization of money supply.

I am interested and hopeful too, but not a bit convinced yet.

[hyphymikey]

Bitcoin, Litecoin, Namecoin.... all that is needed.

These non- competitors will succeed.

[black_swan]

Until bitcoin is recognized by most of the governments as currency/commodity you can forget about any other crypto, including litecoin.
ntx 2.0 and emunie 3.0, Seriously?

[piramida]

checked out nxt and at this moment, it is a bad hack, nothing more, with a rich featurelist to attract investors but with reliability much worse than a dogecoin. does not have even 0.1% of robustness of the bitcoin protocol. would not be surprised if that's the first protocol that would be actually hacked and exploited for profit, possibly giving other, solid, currencies a bad name.

eating up bitcoin.. you must be insane really I am quite surprised by these valuations, true, this project should be worth thousands, not millions of dollars; but that's only because the owner completely screwed up emission.

[jubalix]

checked out nxt and at this moment, it is a bad hack, nothing more, with a rich featurelist to attract investors but with reliability much worse than a dogecoin. does not have even 0.1% of robustness of the bitcoin protocol. would not be surprised if that's the first protocol that would be actually hacked and exploited for profit, possibly giving other, solid, currencies a bad name.

eating up bitcoin.. you must be insane really I am quite surprised by these valuations, true, this project should be worth thousands, not millions of dollars; but that's only because the owner completely screwed up emission.

well no, the owner is first to market with a complete pos system that is not on code base of btc, look to ripple for the value of this

the "emission" is fine as 2^n lets it spread out

it is doing 2000 BTC volume in trade a day

[kelsey]

Until bitcoin is recognized by most of the governments as currency/commodity you can forget about any other crypto, including litecoin.
ntx 2.0 and emunie 3.0, Seriously?

lol wtf gov got to do with it? A proper decentralised currency should be completely indifferent to how governments perceive it, kinda the whole point.

[jubalix]

Until bitcoin is recognized by most of the governments as currency/commodity you can forget about any other crypto, including litecoin.
ntx 2.0 and emunie 3.0, Seriously?

something like nxt and emunie look like they need a lot less recognition by govt to function, which makes them better by itself.

[Meizirkki]

PoS coins are something attractive to government anyways. They could force major owners to give up their coins or better yet create a national PoS coin distributed by banks.

EDIT: possible to do with PoW coins as well ofc 

[markm]

Plenty of features / services are coming along for bitcoin too.

I haven't really seen a lot of reason yet to think any of the vapourware coins are going to have services up and running on a super-secure network any sooner than bitcoin is.

Though coloured coins and even Mastercoin's protocol can run on any blockchain so I suppose they could end up running on some other chain sooner than they run on the bitcoin chain, or be less expensive to operate on some other chain than bitcoin's. Which might be an important feature for the kind of penny-stock scale scams that probably are most eagerly awaiting such platforms.

-MarkM-

[piramida]

well no, the owner is first to market with a complete pos system that is not on code base of btc

Yep and that's why it will be hacked in 2014. Not an exchange or wallet service, the coin itself. Observe.

[dogeball]

well no, the owner is first to market with a complete pos system that is not on code base of btc

Yep and that's why it will be hacked in 2014. Not an exchange or wallet service, the coin itself. Observe.

Would you be able to go into more detail as in how this would be possible?

[bittick]

oh god, your ignorance will make you eat your words so bad!
have you not learned yet, through all these years, that clinging to one coin will do you nothing.

now real innovations are coming through, and all of you feel threatened and all you can do is bash it.

just you wait.

arrogance and ignorance never helped anyone. I am shocked that people like you actually have some measly impact on the outcome of some coins...
You act exactly the same way as the idiot joes act when they hear the word 'bitcoin'
all the reactions are like yours right now. OOOH its a ponzi scheme, a bubble and it will collapse anytime.
How many years is bitcoin in action and what has it achieved?

I see the crypto communities as one entity that should thrive to bring this new technology into the hands of everybody.
Fighting within the community is idiotic to say the least.
just because you sit on millions of COIN X does not mean that COIN Y, that just showed up with more features than COIN X, is worse.

.......


its like talking to a bunch of kindergardeners. Really.




intelligent investors will see the potential in these innovations.

* sidenote * I was very against NxT at first seeing how crappy their organization is and that essentially they coppied the ideas off of emunie.
However I am taking back most of the not so positive things I said about NxT, simply because I got a 9000% return on my investment within 3 weeks and I see a turn for the better in the development team.

so you can bash all you want, yell all you want, this will not bring you any profit.


you arrogant morons.

[Eliavres]

You're the one being arrogant, speaking like your opinion is holier-than-thou. Just because some people made profit off of it, doesn't change the fact that the concept of fully premined coins is kinda scammy

Now, whether or not to scam was the true intent of this coin's devs, or if being fully premined was a choice they made as the lesser of two evils, only time will tell.

Either way, best of luck for y'all who hopped on this bandwagon, but I'd rather stay put this time.

[flasheart]

I'm thinking Earthcoin as a 3rd generation coin.  Seen some tests done, 1-5sec transaction speeds all around the world and a very active launch / dev team.  The coin has enough broad market appeal and with 13.5Bil coins eventually could one day settle into a $10 - $100 a coin spot and displace fiat.

just another opinion.

[abstractednerve]

BTC isnt going anywhere.