guybrushthreepwood
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Activity: 1232
Merit: 1195
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January 13, 2014, 12:15:27 PM |
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Think of Bitcoin as the mighty US Dollar or the Great British Pound, and Doge and Coinye as worthless Zimbabwean Dollars lol.
Didn't Zimbabwe start using US dollars? Yes, although they also use other stronger currencies too. |
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Zilian
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Activity: 1
Merit: 0
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January 13, 2014, 12:16:27 PM |
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Although diversity is good, a lot of altcoins released these days are pump and dump scams. I'm staying away for now and using "major" players  |
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tspacepilot
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Activity: 1456
Merit: 1078
I may write code in exchange for bitcoins.
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January 24, 2014, 08:15:43 AM |
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Yeah, the alt-coins don't hurt us. People are learning the software. But do be careful where you put your money.
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HASHRA
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Activity: 112
Merit: 10
HASHRA - MINING TO THE MOON
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January 24, 2014, 08:33:27 AM |
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Read the other day some new company started that is going to offer companies "Brand" coins...
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Sonny
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January 25, 2014, 03:33:32 PM |
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Read the other day some new company started that is going to offer companies "Brand" coins...
Indeed you can "create" a new coin for just 0.05 btc. http://coingen.io/And, It seems they get lots of business. http://coingen.io/status.html |
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Chemistry1988
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Activity: 1120
Merit: 1000
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January 25, 2014, 04:05:08 PM |
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No wonder there are so many new coins  |
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Sonny
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January 25, 2014, 07:13:55 PM |
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No wonder there are so many new coins The most difficulty part of making a new coin now is to create a fancy name |
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hilariousandco
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Activity: 3850
Merit: 2647
Join the world-leading crypto sportsbook NOW!
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January 25, 2014, 07:43:51 PM |
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No wonder there are so many new coins The most difficulty part of making a new coin now is to create a fancy name Doesn't seem that difficult. Cat dog goat moon earth; doesn't matter - people will create one for any old crap. |
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banaltcoin
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Activity: 56
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January 25, 2014, 07:44:55 PM |
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the answer is simple, no!
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Seppelpeters
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Activity: 38
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January 25, 2014, 08:10:11 PM |
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So many different currencies are definately not needed. Most are just pure clones without any innovation or new thought. It's simply about who came up first with this "phantastic" idea. This is sad because they take the air away from those who actually incorporate true innovation and that were developed in a diverse community, like Gridcoin. It is this kind of diversity all miners should be supporting.
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ttkool
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Activity: 14
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January 25, 2014, 09:10:30 PM |
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Hopefully, after the initial surge, market will regulate itself, and we'll end up with 2-3 core crypto currencies.
Bitcoin and litecoin will remain. Others won't. That's what I think. |
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travel-trousers
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Activity: 56
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January 25, 2014, 11:44:07 PM |
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Problem is that they're all just clones....
Doesn't anyone have any original ideas?
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Sonny
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January 26, 2014, 09:30:29 AM |
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Problem is that they're all just clones....
But, some people just keep thinking "Oh, xxx coins have a bright future, and will be the new bitcoin" lol. Doesn't anyone have any original ideas?
Yes, there are a tiny fraction of alt-coins that have real innovative features. But sadly, 99% of them are just clones. |
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bitbitz
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January 26, 2014, 09:51:14 AM |
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Simply put: no...
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howzar
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January 26, 2014, 01:03:15 PM |
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I don't think we need this many alt-currencies,but what can we do to stop new alt-currencies? there are people who like them and make profit with them and as long as there are people playing new alt-currencies will keep rising and rising.
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Sutters Mill
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January 26, 2014, 01:35:54 PM |
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The only people who tend to make any real money out of these new alts are the people who make them, if even them. Pump and dump crap.
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hgerson
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January 27, 2014, 12:27:59 AM |
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Yes, there are a tiny fraction of alt-coins that have real innovative features.
But sadly, 99% of them are just clones.
What are the innovative features? Thanks |
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hilariousandco
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Activity: 3850
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January 27, 2014, 11:17:13 AM |
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Problem is that they're all just clones....
But, some people just keep thinking "Oh, xxx coins have a bright future, and will be the new bitcoin" lol. My favourite one is "my crapcoin has a great community and dev team behind it", which literally means nothing. And when you question them what's so good about their coin or tell them everybody says this they throw a shitfit and accuse you of being a troll haha.
Yes, there are a tiny fraction of alt-coins that have real innovative features.
But sadly, 99% of them are just clones.
What are the innovative features? Thanks Most don't have anything innovative, but there are some that at least try something different, but when people claim their coin to be innovative it's usually just because they tweaked the algorithm slightly or whatever, thus not really being innovate, but maybe so in a world full of crapcoin clones that don't bother changing anything. |
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U1TRA_L0RD
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Activity: 126
Merit: 100
CAUTION: Angry Man with Attitude.
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January 27, 2014, 01:28:33 PM |
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I think there should be this many altcoins since very many people didnt get into the bitcoin game early, Its a great to start of investments, I am saving Protoshares and DOGE, and a Few dimecoins to see how much they are worth i the future so I can save for a college. But I will be greatly dissapointed if that happened. So, Yes,IMO there hsould be that many.  |
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Sutters Mill
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January 27, 2014, 01:36:07 PM |
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I think there should be this many altcoins since very many people didnt get into the bitcoin game early, Its a great to start of investments, I am saving Protoshares and DOGE, and a Few dimecoins to see how much they are worth i the future so I can save for a college. But I will be greatly dissapointed if that happened. So, Yes,IMO there hsould be that many. But, as others have said, a lot of these coins are 'pump and dump', meaning they're not good for storing money. They won't last forever. |
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