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Author Topic: A small overview  (Read 1259 times)
BCEmporium
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August 28, 2011, 01:29:50 PM
 #1

Being one of the first ones to speak out about the need for secondary chains, back when btc worth only about 3 USD, this was more than expected for me, except I wasn't thinking on have this popping up with a load of alt-chains at the same time.

Well, this is, IMO, how it looks so far:

AuBTC - Bitcoin
AgBTC - Solidcoin - like silver over gold, Solidcoin has technical and property advantages. Yet is cheaper.
CuBTC - Ixcoin - a cheap replacement for silver.

Failed:

I0C
Namecoin - not quite a fail for the service it's meant to provide, but other than that is a "single purpose coin" and shouldn't be taken into the account of an alternative currency.
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JohnDoe
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August 29, 2011, 04:21:49 AM
 #2

I0C
Namecoin - not quite a fail for the service it's meant to provide, but other than that is a "single purpose coin" and shouldn't be taken into the account of an alternative currency.

How is Namecoin single purpose if it's able to do more stuff than any other coin yet? Pretty ridiculous to liken Solidcoin to silver instead of Namecoin, as it doesn't serve any purpose other than being a currency. Not to mention that NMC are worth more than SLC.
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August 29, 2011, 02:06:21 PM
 #3

I0C
Namecoin - not quite a fail for the service it's meant to provide, but other than that is a "single purpose coin" and shouldn't be taken into the account of an alternative currency.

How is Namecoin single purpose if it's able to do more stuff than any other coin yet? Pretty ridiculous to liken Solidcoin to silver instead of Namecoin, as it doesn't serve any purpose other than being a currency. Not to mention that NMC are worth more than SLC.
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BCEmporium
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August 29, 2011, 02:18:14 PM
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I0C
Namecoin - not quite a fail for the service it's meant to provide, but other than that is a "single purpose coin" and shouldn't be taken into the account of an alternative currency.

How is Namecoin single purpose if it's able to do more stuff than any other coin yet? Pretty ridiculous to liken Solidcoin to silver instead of Namecoin, as it doesn't serve any purpose other than being a currency. Not to mention that NMC are worth more than SLC.


Worth more? For the time NMC has been around it worth pretty much nothing. Value/Time around, not just "nominal value".
And yes, it's a "just a currency" because that's what currencies are for; be "just a currency". You don't have a coin for groceries, other coin for clothing, other coins for coffee... etc. Have an attached sole purpose is what makes NMC NOT a currency, it's like a casino chip, just has some value inside that casino for the games it suits and that's all.
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August 29, 2011, 06:09:04 PM
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Worth more? For the time NMC has been around it worth pretty much nothing. Value/Time around, not just "nominal value".

That's probably the most retarded way of measuring value I've ever heard of.
BCEmporium
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August 29, 2011, 06:48:49 PM
 #6

Worth more? For the time NMC has been around it worth pretty much nothing. Value/Time around, not just "nominal value".

That's probably the most retarded way of measuring value I've ever heard of.

Is it? NMC is now over 6 month old and never managed to get anywhere above 0.03. SLC has 2 weeks and already passed it then retracted and eventually will pass it for good soon.
The "value" has a time frame.
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August 29, 2011, 07:30:09 PM
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Is it? NMC is now over 6 month old and never managed to get anywhere above 0.03. SLC has 2 weeks and already passed it then retracted and eventually will pass it for good soon.
The "value" has a time frame.

lol, you are just making stuff up as you go right? Namecoin started on April 17th and managed to get to over 0.1 BTC in value.
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August 29, 2011, 07:33:03 PM
 #8

Worth more? For the time NMC has been around it worth pretty much nothing. Value/Time around, not just "nominal value".

That's probably the most retarded way of measuring value I've ever heard of.

Is it? NMC is now over 6 month old and never managed to get anywhere above 0.03. SLC has 2 weeks and already passed it then retracted and eventually will pass it for good soon.
The "value" has a time frame.

Wow, that is retarded. The USD has been around for a couple hundred years. Gold has been around for thousands (millions?) of years. Those 2 must be worth nothing then by your calculation of Value/Time around. I guess SolidCoin has the most worth.

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August 29, 2011, 08:38:27 PM
 #9

Gold has been around for thousands (millions?) of years.

http://www.bibliotecapleyades.net/ciencia/esp_ciencia_oro14.htm

1DcXvfJdeJch9uptKopte5XQarTtj5ZjpL
BCEmporium
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September 15, 2011, 10:16:36 PM
 #10

Just made a few readjusts:

- 1 minute checks
- Refreshing is now done using jquery's ajax.
- Solidcoin removed.
Cosbycoin
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September 15, 2011, 10:24:26 PM
 #11

Worth more? For the time NMC has been around it worth pretty much nothing. Value/Time around, not just "nominal value".

That's probably the most retarded way of measuring value I've ever heard of.

Is it? NMC is now over 6 month old and never managed to get anywhere above 0.03. SLC has 2 weeks and already passed it then retracted and eventually will pass it for good soon.
The "value" has a time frame.

Wow, that is retarded. The USD has been around for a couple hundred years. Gold has been around for thousands (millions?) of years. Those 2 must be worth nothing then by your calculation of Value/Time around. I guess SolidCoin has the most worth.

+1 Obviously OP doesnt have a clue what he is talking about.
BCEmporium
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September 15, 2011, 10:28:28 PM
 #12

Wrong thread pulled up...

I would go by explaining the time vs value logic at such time, but why bother.
Anyway, this was from the time I was still believing in solidcoin (yes... there was a time...)
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September 15, 2011, 10:37:23 PM
 #13

Wrong thread pulled up...

I would go by explaining the time vs value logic at such time, but why bother.
Anyway, this was from the time I was still believing in solidcoin (yes... there was a time...)

Based on your original post sure sounds like you do believe in it.
Cosbycoin
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September 15, 2011, 11:15:54 PM
 #14

Worth more? For the time NMC has been around it worth pretty much nothing. Value/Time around, not just "nominal value".

That's probably the most retarded way of measuring value I've ever heard of.

Is it? NMC is now over 6 month old and never managed to get anywhere above 0.03. SLC has 2 weeks and already passed it then retracted and eventually will pass it for good soon.
The "value" has a time frame.

www.nmcwatch.com

Check out the link genius. Namecoins hit 0.14 btc back in June.

So much for your due diligence and finding out information yourself and not making BS up.
BCEmporium
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September 15, 2011, 11:17:02 PM
 #15

How much you willing to wager on that. I have a feeling SC is never going to make back to main stream period.

Back on 29th August I would put some to it, today I just feel like a fool about it.
Sorry, bumped the wrong topic while announcing improvements on my multi-coin graphs.
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