chapson
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January 17, 2014, 03:03:08 PM |
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QQC
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The forum strives to allow free discussion of any ideas. All policies are built around this principle. This doesn't mean you can post garbage, though: posts should actually contain ideas, and these ideas should be argued reasonably.
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farazvfx
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Activity: 68
Merit: 10
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January 17, 2014, 03:22:06 PM |
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I've been spending alot of time researching. I am no expert, but I've found the following interesting facts when looking for a good coin 1) fast transaction time - when you buy something you want a coin that confirms quicker than the 10min + of bitcoin. It seems to me (I may be wrong) but Earthcoin 10-30 secs (alleged) is really fast! Fastcoin and Worldcoin are fast too. 2) best to mine. Seems that Dodgecoin is good for that. But there are other coins out there that are profitable to mine 3) unique properties. Some coins have unique qualities that make it worth having: - datacoin - it encrypts stuff from the internet for ever supposedly - anonymous coin - speaks for itself - tagcoin - gives you rewards - gridcoin - lets you mine and contribute to science - curecoin - not release yet, but supposed to help with cancer research and stuff - giftcoin - because it's used for gifting - stablecoin - because its stable - quarkcoin - I am still researching, but alot of people back it - and others - there are loads more: http://com-http.us/ is a good site to list all coins 4) beware pump and dump coins 5) look for coins that have good marketing and support from good developers Like I said I am no expert - but these look good long term. But you never know, and there might be a new coin in the making... |
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manobra
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January 17, 2014, 03:49:17 PM |
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Making a question like that, the only answers you will have will be from people wishing their own coins to succeed.
Like others already said: In order to create a new coin you just have to:
1 - enter in a site, pay about US$ 9,00, give a name and chose a crypto type (or you adopt a coin that rewards 100k coins each block, and you can get millions of that in the firt days...)
2 - So you pre mine it and get around 1 million of "yourcoin" to your wallet
3 - And then you think: "Hmmm... if mycoin get US$ 1,00 each, then 1 milion x US$ 1,00 = US$ 1.000.000!! OMG!! I´m rich!!!"
But as the option 3 will delay too much, you have to enter ALL the forums and spam:
- "Mycoin" to the moon!!
- "Mycoin" is the future!!
- "Mycoin" much currency, "mycoin" much something...
It´s very frustrating when you ask a question like that, hoping the change valuable information but you only got these spams.. lol
There are a few members (most "hero members") that really want to help the community and answers your question. Thanks!
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elixir
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January 17, 2014, 05:54:01 PM |
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doge, cryptonium, lepro and franko.  |
OPEC oc2E9cQ4StgaMW2a18pKuZGe5h9RZdLL9c ✪ Non nobis solum, sed omnibus! - Franko ✪ Ɖ ~ DSNJ49NdZM4KjLHfPSYEGWKRn7wSC4bWqi |
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PrintCoins
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January 17, 2014, 07:39:56 PM |
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Ok, lets give a run down of what we have going on:
Bitcoin - the oldtimer that has all of the hype. It is first to market, and is unlikely to disappear for decades (centuries) to come even if something else replaces it. It is the original, and people like originals, and that is the only reason it has value over the other coins. You could argue mining power, but that is because of value, and thus is derived from hype.
Litecoin - AKA, darn, I wish I could have mined bitcoin, and F that, I am not buying fancy hardware. Besides, all that fancy hardware just makes for less democratic mining, and wasn't that what satoshi really wanted.
Namecoin - Bitcoin is pretty neat, lets make it do something useful besides a system of accounting. This would continue to be awesome, but they did merge mining with bitcoin and rely on ASICs and whatever, who wants to f with that.
One million litecoin and bitcoin clones. Each thinking they are special because they use a cuddly panda bear as a logo and have a different mining rate, hashing system, etc. Some try to justify mining better with the fact they are solving primes or whatever, but really, mining is never the point. Mining is the hack that makes a distributed accounting system work.
My crystal ball says the true winner, maybe even to be a tough contender for bitcoin, doesn't exist yet, but I will describe it here for those who want to keep an eye out for it.
* It would use scrypt or some other hashing that is cpu bound and would have 1 minute blocks because really, that is ideal.
* Mining would start by default, and it would be super easy to add a pool in the client. The client would also have the best mining tool built in and just be a button press to start stop. Ideally pooled mining would be decentralized.
* It would not have some crazy deflationary thing built in, but provide a steady stream of currency forever. Yeah, it is boring, but we aren't trying to replace gold here, we are trying to replace dollars, and other fiats. They aren't get rich quick things, but things to build an economy of transactions on.
* It will allow you to do a lot more than just transfer money between addresses:
** You will be able to create a new colored coin at a 1-1 ratio for a small fee
** You will be able to set a key=>value store just like in namecoin
** Escrow (but most coins have that)
** Put colored coins up for sale at a certain price point for a certain number of blocks
** Put up actual ecommerce style listings and include a checkout and rating system
** Put up news / messages
** Send private messages
This is all the stuff I could think of at the moment. But bitcoin is a distributed account ledger and data store, and basic transactions are only the beginning.
Other tidbits: I feel that it should not use bitcoin-qt as the base environment. Python, or a web server running on a desktop with a html/css/js frontend would be superior so that front end development would grow rapidly.
Oh and yes, I could see another altcoin succeeding without any new features. It would be one created and backed by a government, and I see that happening someday soon. Perhaps part of it's transaction fees would be collected automatically as taxes. It would have the backing of men with guns and probably some old ideas attached to it, and thus its appeal.
The value of any altcoin is just what makes it different, and just changing some basic parameter in mining and generation isn't going to do it.
That is insightful. Thanks for chiming in on the newbie board to give us something to chew on. You are correct...if a government puts out a coin, it will be used. I don't think it would rise in vaule though because they don't like major flucuations. They would pre-mine it all and just use it for transactions of large amounts. I am not sure we would even know about it...in fact, maybe it's already out there. Thank you. A govt will of course pre-mine, but they will have to sell the idea of their currency. They can also impose rules into the chain about a certain amount goes to govt accounts, and set a nice steady inflation rate which will make everyone feel happy. They won't have to bother with taxes, and they have the option of saying fees partially go to them. They could set up scripts to automatically portion out the coins to the segments of government. If every citizen has a registered address, a portion of the taxes could be distributed in various ways. Basically this will eliminate a lot of the bureaucracy of government accounting, establish trust in the handling of currency, and eliminate the need to go out and collect taxes. In essence everyone is taxed via the fixed inflation based upon their currency holdings and transactions fees (which could use bytes + coin amount as the fee). This would be great as it would make a very transparent govt - all transactions would flow from tax income through the hierarchy and right down to govt workers. Also, taxes would be taken at a constant rate, so there wouldn't be a huge amount of money dumped during tax time. Politicans would be able to flow money in a constant way to various departments in a traceable way. As far as the value of alt-coins with very little differentiating factors - buying/selling them seems a little silly if you are just doing it for a name or some starting parameter. Seemingly paradoxically, I think alt-coins of all sorts are a fantastic thing. I could see schools, neighborhoods, or just groups of friends create a coin to establish a community based economy. Or perhaps one that could be used in an online game/forum. There are just so many random fun ideas that can be kicked around. This is why I get kinda depressed when I see just another coin being used as a get rich quick scheme. Put a little heart and creativity into things. Pretty Please  And if getting rich quick is your motivation, keep in mind being different is the best way to getting there. |
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KingGoon
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Activity: 112
Merit: 10
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January 17, 2014, 07:49:37 PM |
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Frozen
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So Icy E-Money - Frozentalk.org FD1GwdBjTeMPFdZD5v3cVRG7ZoPJBAuLrf
All these girls excited ,Oooo ya know they like it ,Frozen so icy, so icy ,Haters don't try to fight it ,All yo friends invited ,Frozen so icy, so icy!!
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Protato
Newbie
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Activity: 42
Merit: 0
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January 17, 2014, 08:07:45 PM |
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Anyone that doesn't agree DIGIBYTE is going to the moon is delusional or they missed the boat =*(
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salsacz
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January 17, 2014, 08:12:55 PM |
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NXT
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El Dude
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January 17, 2014, 08:14:43 PM |
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the only coin going to the moon is litecoin.
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Bitcoin and Litecoin hodler
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PrintCoins
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January 31, 2014, 09:19:16 PM |
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the only coin going to the moon is litecoin.
Why? Please argue your reasoning rather than just saying coin X will be successful. |
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minecrew
Full Member
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Activity: 224
Merit: 100
MineCrew
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January 31, 2014, 10:05:37 PM |
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Why? Please argue your reasoning rather than just saying coin X will be successful.
I think that Worldcoin, iCoin, NetCoin and VertCoin will run good. WorldCoin - launchs Sharmbeck, good dev team and good branding iCoin - Good marketing strategy and name NetCoin - Best name and good dev team VertCoin - New algorythm, big beliefs among community |
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Zzzack
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January 31, 2014, 10:37:24 PM |
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the only coin going to the moon is litecoin.
Why? Please argue your reasoning rather than just saying coin X will be successful.
Lowest maintenance fee : market cap ratio = least resistant to miners dumping coins Backed by major libertarian economists Lots of marketing and a foundation completing projects Coding is always being done for web apps, etc. Quarkslist and an Escrow have been made and are being tested Fastest currency to use for transactions ~~ 12x faster than BTC 6 encryption methods vs 1 encryption for LTC, BTC, Doge |
Producer
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bit0x
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January 31, 2014, 11:53:27 PM |
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FROZEN, PARTICLES, QUARK, QUBITS, INFINITYCOINS
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samesstee
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February 01, 2014, 12:14:55 AM |
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currently motor boating titties ROFL
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Bobsurplus
Legendary
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Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
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February 01, 2014, 12:15:36 AM |
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QRK
NXT
DVC
LTC
NMC
PPC
NVC
All to the moon!
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ckybe
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Activity: 122
Merit: 10
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February 01, 2014, 12:34:11 AM |
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DogeCoin
TittieCoin
QuarkCoin
LeproCoin
EarthCoin
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MoonShadow
Legendary
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Activity: 1708
Merit: 1007
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February 01, 2014, 12:35:55 AM |
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I doubt any of the altcoins ever get above the 13th floor, much less the moon.
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"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."
- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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anderl
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February 01, 2014, 02:35:24 AM |
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I'm going with [insert name here]coin. It has a strong community and amazing developers that are actively promoting it. There was [no, light, small] premine and [no, light, small] instamine. It is the next [bit,lite]coin. I'm [buying,mining] everyone I can get. It is going to [the mooon, mars]!!!!
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sibilant_doge
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February 01, 2014, 03:03:50 AM |
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I'm going with [insert name here]coin. It has a strong community and amazing developers that are actively promoting it. There was [no, light, small] premine and [no, light, small] instamine. It is the next [bit,lite]coin. I'm [buying,mining] everyone I can get. It is going to [the mooon, mars]!!!!
I see that and raise you 10 BinaryCoin |
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anderl
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February 01, 2014, 03:09:00 AM |
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I'm going with [insert name here]coin. It has a strong community and amazing developers that are actively promoting it. There was [no, light, small] premine and [no, light, small] instamine. It is the next [bit,lite]coin. I'm [buying,mining] everyone I can get. It is going to [the mooon, mars]!!!!
I see that and raise you 10 BinaryCoin 0100100100100111011011010010000001100111011011110110100101101110011001110010000 0011101110110100101110100011010000010000001011011011010010110111001110011011001 0101110010011101000010000001101110011000010110110101100101001000000110100001100 1010111001001100101010111010110001101101111011010010110111000101110001000000010 0000010010010111010000100000011010000110000101110011001000000110000100100000011 1001101110100011100100110111101101110011001110010000001100011011011110110110101 1011010111010101101110011010010111010001111001001000000110000101101110011001000 0100000011000010110110101100001011110100110100101101110011001110010000001100100 0110010101110110011001010110110001101111011100000110010101110010011100110010000 0011101000110100001100001011101000010000001100001011100100110010100100000011000 0101100011011101000110100101110110011001010110110001111001001000000111000001110 0100110111101101101011011110111010001101001011011100110011100100000011010010111 0100001011100010000000100000010101000110100001100101011100100110010100100000011 1011101100001011100110010000001011011011011100110111100101100001000000110110001 1010010110011101101000011101000010110000100000011100110110110101100001011011000 1101100010111010010000001110000011100100110010101101101011010010110111001100101 0010000001100001011011100110010000100000010110110110111001101111001011000010000 0011011000110100101100111011010000111010000101100001000000111001101101101011000 0101101100011011000101110100100000011010010110111001110011011101000110000101101 1010110100101101110011001010010111000100000001000000100100101110100001000000110 1001011100110010000001110100011010000110010100100000011011100110010101111000011 1010000100000010110110110001001101001011101000010110001101100011010010111010001 1001010101110101100011011011110110100101101110001011100010000000100000010010010 0100111011011010010000001011011011000100111010101111001011010010110111001100111 0010110001101101011010010110111001101001011011100110011101011101001000000110010 1011101100110010101110010011110010110111101101110011001010010000001001001001000 0001100011011000010110111000100000011001110110010101110100001011100010000000100 0000100100101110100001000000110100101110011001000000110011101101111011010010110 1110011001110010000001110100011011110010000001011011011101000110100001100101001 0000001101101011011110110111101101111011011100010110000100000011011010110000101 110010011100110101110100100001001000010010000100100001 |
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