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cryptopaths (OP)
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March 09, 2014, 08:55:59 PM |
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I have attained insider information along with a document that a very prominent billionaire is about to release an altcoin. What do you think this means for the crypto economy? Do you think it will be a good or bad thing? I'm currently deciding what way is best to reveal this document.
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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Arcas
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March 09, 2014, 09:04:31 PM |
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cryptopaths (OP)
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March 09, 2014, 09:04:52 PM |
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Finally the professionals will be here soon to show these amateurs how a real pump and dump is executed.
I doubt this individual would want a mere pump and dump to tarnish their reputation, but I could be wrong. I'm not sure if this is good or bad for the crypto economy as of yet but I know it will change it in a profound way. |
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FoBoT
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March 09, 2014, 09:06:04 PM |
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it's Mark Cuban isn't it? i knew it
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Nullu
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March 09, 2014, 09:10:51 PM |
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Reveal it in the most awkwardly cryptic (but not so cryptic that every Joe Bloggs with a bit of BTC in their back pocket couldn't decipher it) way.
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BTC - 14kYyhhWZwSJFHAjNTtyhRVSu157nE92gF
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(A)social
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March 09, 2014, 09:12:00 PM |
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MSWindowsCoin (with the motto: "Virus in Numeris")  |
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serje
Legendary
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Activity: 1232
Merit: 1002
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March 09, 2014, 09:14:47 PM |
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If it's Paris Hilton I'm in!
She is not capable of pump and dump! She can only pump!
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Space for rent if its still trending
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sadface
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March 09, 2014, 09:17:08 PM |
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virgin coin
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cryptopaths (OP)
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March 09, 2014, 09:17:57 PM |
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If it's Paris Hilton I'm in!
She is not capable of pump and dump! She can only pump!
haha then that indeed would be good news for the crypto community. |
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jonnysomething
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Activity: 98
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March 09, 2014, 09:35:19 PM |
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Big money coming to crypto is not a good thing. You think you're going to take advantage of someone who can pay 100 people to make sure you can't? They're going to eat this shit up and leave poor people poorer.
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brokedummy
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March 09, 2014, 09:48:15 PM |
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in before bransoncoin
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CryptoKilla
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March 09, 2014, 09:54:33 PM |
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Big money coming to crypto is not a good thing. You think you're going to take advantage of someone who can pay 100 people to make sure you can't? They're going to eat this shit up and leave poor people poorer.
Sounds about right |
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Oldminer
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March 09, 2014, 10:12:07 PM |
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Playboycoin?
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toknormal
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March 09, 2014, 10:12:44 PM |
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Do people not realise that the whole point of cryptocurrencies is that they are de-centralised.
That means they can't be owned. It means that if Bill Gates himself launched an alt coin it would be about as competitive as Auroracoin on fundamentals. Obviously Gates-Coin would generate some interest on hype, but would have no long term advantage.
Look at Maxcoin. You could not have got a more hyped coin, and yet it sunk only a week after launch.
Billionaire launching coin = who cares.
Egocoin.
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ILoseAtPoker
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March 09, 2014, 11:35:40 PM |
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Do people not realise that the whole point of cryptocurrencies is that they are de-centralised.
That means they can't be owned. It means that if Bill Gates himself launched an alt coin it would be about as competitive as Auroracoin on fundamentals. Obviously Gates-Coin would generate some interest on hype, but would have no long term advantage.
Look at Maxcoin. You could not have got a more hyped coin, and yet it sunk only a week after launch.
Billionaire launching coin = who cares.
Egocoin.
Not if you can buy their products and potentially many other products with the new currency. Imagine infrastructure set up to be able to buy all virgin or microsoft goods immediately with a new coin. |
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acarterczyz
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March 10, 2014, 12:18:41 AM |
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Do people not realise that the whole point of cryptocurrencies is that they are de-centralised.
That means they can't be owned. It means that if Bill Gates himself launched an alt coin it would be about as competitive as Auroracoin on fundamentals. Obviously Gates-Coin would generate some interest on hype, but would have no long term advantage.
Look at Maxcoin. You could not have got a more hyped coin, and yet it sunk only a week after launch.
Billionaire launching coin = who cares.
Egocoin.
Wrong. There would be publicity behind it - not to mention they would be able to afford good dev support to help build an awesome and long lasting coin. This should be a big deal. |
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blade87
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March 10, 2014, 12:19:57 AM |
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Same thing that happened to MaxCoin?
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acarterczyz
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March 10, 2014, 12:27:10 AM |
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Centralized cryptocurrencies do exist and let me tell you WHY they succeed.
1. Joe Shmoe builds ShmoeCoin and launches it. Everyone and their second cousin starts mining the coin. Joe Shmoe can't afford good dev help or support for his miners/investors. The coin dies in a burning flaming hell.
2. Tonald Drump, a well known celebrity, creates a high quality coin he is backing with his own money. It has a good dev support and a portion of transaction fees are sent back to him. He uses these fees to pay the developers to keep the coin awesome and new technology incorporated with the coin. Everyone loves the coin, regardless if its centralized, because it is sustainable, secure, and has a support team.
Think about it. Centralized is not a bad thing. Abandoning a coin because you lack the dev support or money to fix your coin is a bad thing.
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s1gs3gv
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ex uno plures
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March 10, 2014, 12:46:29 AM |
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100% pre-minded branded coins are the future of altcoins. Coca Cola, Kellogs, Amazon … all using them for reward systems. You will be able to exchange Coca Cola coins for Pepsi Coins, etc.
Its an advertising agency's wet dream come true. Individual billionaires don't count in this view of the altcoin future.
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