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Author Topic: Which altcoins will match Bitcoin in price (1:1) in a few years?  (Read 1746 times)
Crindon (OP)
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July 20, 2014, 10:15:31 PM
Last edit: July 20, 2014, 10:25:54 PM by Crindon
 #1

Which altcoins do you think will be equal in price 1:1 with Bitcoin in 2-5 years time?

i.e.

1 altcoin = 1 Bitcoin

In other words, Mark Cuban would not buy into Bitcoin, but would buy into the 2.0 version of Bitcoin, an altcoin. Which altcoin would he buy?

If not match Bitcoin 1:1, what will be the new "silver" to Bitcoin in 2-5 years? Second highest market cap, after BTC?
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July 20, 2014, 10:22:13 PM
 #2

To be honest, probably Monero.

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July 20, 2014, 10:23:21 PM
 #3

None.

Crindon (OP)
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July 20, 2014, 10:29:46 PM
 #4

To be honest, probably Monero.

Why Monero? What does this coin offer that's a head above the rest?
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July 20, 2014, 10:41:26 PM
 #5

To be honest, probably Monero.

Why Monero? What does this coin offer that's a head above the rest?

I've been with Darkcoin for a while. But without any bias, Monero does offer the most. From what I've read, it uses Ring Signatures, which allow for both normal and anonymous transactions, which also has the highest level of anonymity there is for a cryptocoin, which is good especially since Bitcoin is starting to get heavily regulated, it's dev team seems pretty large, I've counted 5+ people so far, and its not bitcoin based so none of its features can be copied into Bitcoin. To me, it seems like the anonymous "brother" of Bitcoin. The devs also seem very honest, below quote:

I don't like the forced meme approach either. Even altcoin observer should be renamed monero observer judging by the amount of discussion towards other innovative developments relative to monero circlejerking.. Granted it's not the same pump n dump long con by a team of marketers we've seen before; Fundamentally the coin (protocol, really) is strong, a  diamond in a sea of shit, and this time we have cabal (perhaps soon to be monero foundation) of intelligent old heads.. 'bitcointalk allstars', silver stackers, TA tea leaf readers you know the kind of people that have latin in their signature giving it the thumbs up, creating 5 or 6 seperate threads,) boosting trade volume, pulling strings here n there. along with usual brown-nosers following the crowd because it pays to ultimately. I personally am invested for a while, but I've seen time and time again a dangerous insinuation that monero is the one and only and it reflects badly on the speaker,

Speaking as one of the Monero core team members, I can assure you that there will NEVER be a Monero Foundation. If anyone starts something like that we will reject it, and will encourage the community to reject it.

We are rapidly moving towards a point where every effort - including features, peripheral projects, lobbying, and so on - will be completely community driven and community funded. We will have no control over this process, other than to influence a particular goal by means of weighing in rationally on debates. Any shilling we try do for a particular idea or goal will quickly be called out. We will not have "our" way - the development and future of Monero will be as decentralised as the cryptocurrency itself.

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jeffersonairplane
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July 20, 2014, 10:45:25 PM
 #6

I can agree with Monero, it might not reach same value as Bitcoin but it does have the most potential to reach a very high price compared to it's current value. The only thing I think is holding it back is it's ease of use, especially for beginners since it does not currently have an official GUI wallet. However, I think an official release is coming soon, right?

BTCitcointalk
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July 20, 2014, 11:14:41 PM
 #7

If 42 coin keeps dropping in price it might go down to I bitcoin per 42 coin. Right now they are still $ 1,979 each.
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July 20, 2014, 11:16:10 PM
 #8

Not sure what relevance of 1:1 is.

QuarkCoin - what I believe bitcoin was intended to be. On reddit: http://www.reddit.com/r/QuarkCoin/
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July 21, 2014, 12:10:53 AM
 #9

Well, one 42 is worth around 3 bitcoins right now, and if I recall correctly the price for one 42 was something like 600 bitcoins a while ago.

Bitcoin 2.0 is not an altcoin, it's bitcoin's evolution.

I think litecoin has the potential to be number two, but who knows...

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July 21, 2014, 12:19:46 AM
 #10

Which altcoins do you think will be equal in price 1:1 with Bitcoin in 2-5 years time?

i.e.

1 altcoin = 1 Bitcoin

In other words, Mark Cuban would not buy into Bitcoin, but would buy into the 2.0 version of Bitcoin, an altcoin. Which altcoin would he buy?

If not match Bitcoin 1:1, what will be the new "silver" to Bitcoin in 2-5 years? Second highest market cap, after BTC?

Either XC or possibly NXT if they can get transparent forging to work.



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July 21, 2014, 12:21:15 AM
 #11

To be honest, probably Monero.

Why Monero? What does this coin offer that's a head above the rest?

I've been with Darkcoin for a while. But without any bias, Monero does offer the most. From what I've read, it uses Ring Signatures, which allow for both normal and anonymous transactions, which also has the highest level of anonymity there is for a cryptocoin, which is good especially since Bitcoin is starting to get heavily regulated, it's dev team seems pretty large, I've counted 5+ people so far, and its not bitcoin based so none of its features can be copied into Bitcoin. To me, it seems like the anonymous "brother" of Bitcoin. The devs also seem very honest, below quote:

I don't like the forced meme approach either. Even altcoin observer should be renamed monero observer judging by the amount of discussion towards other innovative developments relative to monero circlejerking.. Granted it's not the same pump n dump long con by a team of marketers we've seen before; Fundamentally the coin (protocol, really) is strong, a  diamond in a sea of shit, and this time we have cabal (perhaps soon to be monero foundation) of intelligent old heads.. 'bitcointalk allstars', silver stackers, TA tea leaf readers you know the kind of people that have latin in their signature giving it the thumbs up, creating 5 or 6 seperate threads,) boosting trade volume, pulling strings here n there. along with usual brown-nosers following the crowd because it pays to ultimately. I personally am invested for a while, but I've seen time and time again a dangerous insinuation that monero is the one and only and it reflects badly on the speaker,

Speaking as one of the Monero core team members, I can assure you that there will NEVER be a Monero Foundation. If anyone starts something like that we will reject it, and will encourage the community to reject it.

We are rapidly moving towards a point where every effort - including features, peripheral projects, lobbying, and so on - will be completely community driven and community funded. We will have no control over this process, other than to influence a particular goal by means of weighing in rationally on debates. Any shilling we try do for a particular idea or goal will quickly be called out. We will not have "our" way - the development and future of Monero will be as decentralised as the cryptocurrency itself.

Isn't Monero doomed to fail because of blockchain bloating?
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July 21, 2014, 12:24:27 AM
 #12

It would be more useful to ask which will match it in marketcap, and the answer is none. Anyone saying otherwise is delusional (for the few years timeline mentioned by the OP).
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July 21, 2014, 12:26:22 AM
 #13

In other words, Mark Cuban would not buy into Bitcoin, but would buy into the 2.0 version of Bitcoin, an altcoin. Which altcoin would he buy?

Rather than trying to identify the coin, consider trying to identify which properties it would need, then you can begin to make a rationale decision as to which you feel offers what is required.

Bitmark (reputation+money) : Bitmark v0.9.4 (release)
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July 21, 2014, 10:20:55 AM
 #14

Maybe a currency with less than 1M available coins that can be used for instant anonymous payments IRL.
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July 21, 2014, 10:22:34 AM
 #15

There is already 1 alt-coin which match bitcoin price. 42 coin which is 3 bitcoin for 1 42 coin..
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July 21, 2014, 10:40:09 AM
 #16



Isn't Monero doomed to fail because of blockchain bloating?

How soon until Monero's blockchain is bigger than bitcoin's?
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July 21, 2014, 10:46:51 AM
 #17

None since 1 BTC will be >$10k in a few years.

y1.
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July 21, 2014, 10:49:31 AM
 #18

syscoin.

once they done ipo, it will be more than 1 BTC /coin in 1 month. please donate, developers need 1500 btc for 15% premine  fast!
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July 21, 2014, 10:56:23 AM
 #19

if i have to decide from current ones than Monero can compete with BTC.
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July 21, 2014, 11:37:38 AM
 #20

FRK Cheesy

Why? Because the scarce and long lasting nature of the design.

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