Cryptocurrency "The Alt-ernative" Beginners Reference Book

[quarkfx]

Don´t want to wave the Quark banner but you are contradicting yourself. On the one hand you say that cryptocurrencies can´t be undervalued on the other hand you call Quark a dead project - which is saying that it is overvalued/has 0 value. The whole cryptoscene is dominated by chit-chat and self-fulfilling prophecies and you are just another example like the guy who says that Quark is undervalued.

Beyond that it is not true that cryptocurrencies have no tangible assets. Cryptocurrencies do not exist in empty space, they have (or haven´t) infrastructure that supports their use. The value of Bitcoin e.g. is founded mostly on the network, of the exchanges that list it, the apps that were written for it, even this forum contributes to a sustainable value of Bitcoin. Same goes with every other Altcoin. If your coin is intended to pump and dump only, like Pandacoin, you have mostly anything but trade. But there are many coin - and Quark is one of them - where you can see people actually working for the coin and developing cool projects. This, of course, doesn´t mean that this will be reflected in the price shortterm, but it will long term.

Erm, so you're saying that this "infrastructure" is what's driving the price of Bitcoin?... LOL, if that was the case then the price of Bitcoin would be much lower than it is now... what with the ever present specter of a 51% attack hovering over this "infrastructure" you speak of.

The first major Boom in the price of Bitcoin was brought about largely as a result of the Bank run in Cyprus - there may have been other catalysts, but overall it was that Bank run that took us to 1.2K.

Since then, the market has been driven by speculation in it's most potent form. China makes a few redundant statements, the weak hands sell their coins = the price falls.... GOX wont release our coins? = the price falls.... Oh, Walmart is now accepting Bitcoin?? = to the moon!... Sadly, no one cares about the bitcoin "infrastructure"..

And Quark is the most pathetic thing I've seen thus far... Dead in the waters!

There are many pathetic things in the altcoin community, with coin hating being the most pathetic.

You obviously didnt get the point of my argument.  I didnt say that the price was driven by infrastructure,  I said that infrastructure is a tangible asset which ensures a sustainable value. This value can be at a much lower rate as the current price but it will save those coins with infrastructure from disappearing after pump & dumps because there reasons to hold. With Quark many people invested in community projects and they are more likely to stick with the community then it is the case with coins where people just invested in the coin itself - see Pandacoin.

What coins do you hold and why? To make money or to work for the prospect of a different financial order?

[FelixOliver]

I didnt say that the price was driven by infrastructure,  I said that infrastructure is a tangible asset which ensures a sustainable value. This value can be at a much lower rate as the current price but it will save those coins with infrastructure from disappearing after pump & dumps because there reasons to hold. With Quark many people invested in community projects and they are more likely to stick with the community then it is the case with coins where people just invested in the coin itself - see Pandacoin.

What coins do you hold and why? To make money or to work for the prospect of a different financial order?

That's agreeable...

I only "hold" Bitcoin.. everything else, I trade. I'm in this both for the prospect of financial advancement and to make money - as we all are I'd assume?

[ltcifc]

It was nice idea, until i read this:
"One can vote for their favourite coin by donating a small amount of BTC"

[hostmaster]

MINT

[Tyke]

I wonder why Kittehcoin has most votes 

[klaczak]

MINT

  +1

 

[EvilDave]

I'm going to put my vote here for NXT.

 This is gonna annoy some people, but most altcoins have almost no interesting or novel features. We have got to a stage where the only real differences are the number of coins to be issued and whether u have a panda or a penguin as mascot. Miners mostly don't even care about what they mine, as long as the diff is low.

NXT is not based on any existing code, and is building an insanely innovative financial eco-system.
Think Mastercoin/Ethereum/Ripple killer.....well worthy of a couple of pages in your book.
Heres 2000 pages to start u off:
https://bitcointalk.org/index.php?topic=345619.0

[Tyke]

I have created the above poll in order to find out which coins are most popular.  Not all coins will get into the book i am writing.  I want to the community to have a voice as concerns the content (50 coins only in the book) 

[hilariousandco]

I voted for Feathercoin and was surprised to see it in second place at first, then I realised it wasn't and it was actually Fedoracoin, fuuuuuu.

[Tyke]

I voted for Feathercoin and was surprised to see it in second place at first, then I realised it wasn't and it was actually Fedoracoin, fuuuuuu.

It's easily done lol

[SpiryGolden]

Franko !

[Muffnz]

Kitteh first? Lol. Dat scam coin

[DarkVenu]

cmon guys vote TIPS (fedoracoin) will be THE altcoin.

[Lauda]

Random members voting for random coins. Must be a give-away. 

[digicoin]

Please add Diamond (DMD) into the list 

[Tyke]

Please add Diamond (DMD) into the list 

Done

[Mike18feb]

Megacoin should be in the book no matter how many or how little votes. Most coins have implemented the Kimoto Gravity Well, which originates from Megacoin. You cannot write a book and not mention such a widely integrated code.

So yeah, most coins have a piece of Megacoin in them 

[Lauda]

Megacoin should be in the book no matter how many or how little votes. Most coins have implemented the Kimoto Gravity Well, which originates from Megacoin. You cannot write a book and not mention such a widely integrated code.

So yeah, most coins have a piece of Megacoin in them  

Not really. This is why it is called 'open source'.

[MicroGuy]

I read in a forum today where people are opening multiple accounts to vote in these polls.

[coinguide]

I've already written a book on this exact thing.  No one wanted it and no one would crowd source it.  That being said, good luck!!