TaunSew (OP)
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August 24, 2014, 07:44:20 AM Last edit: August 25, 2014, 02:00:05 AM by TaunSew |
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The reason all the anonymity coins have dropped in value is because all the smart pump money has moved onto to asset coins like BitsharesX and NXT. Things will be more interesting where, in six months from now, there will probably be at least a dozen "asset coins" with their individual token improvements on the concept. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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There ain't no Revolution like a NEMolution. The only solution is Bitcoin's dissolution! NEM!
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Viper1
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August 24, 2014, 07:48:05 AM |
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It's all just flavor of the day in crypto. Buy into the new hype, sell for a big profit if you're smart, or a loss if you're not, and then move onto the next one.
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BTC: 1F8yJqgjeFyX1SX6KJmqYtHiHXJA89ENNT LTC: LYAEPQeDDM7Y4jbUH2AwhBmkzThAGecNBV DOGE: DSUsCCdt98PcNgUkFHLDFdQXmPrQBEqXu9
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Amph
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August 24, 2014, 07:48:39 AM |
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well was just a craze that faded away, like someone predicted, people get bored fast
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Lauda
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Terminated.
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August 24, 2014, 08:26:14 AM |
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Asset coins won't succeed either. They are trying hopelessly but that's not the way how you go. Indeed the anonymous coins did lose traction now, but I'm thinking that will change in the future. It really depends on what features get added over time.
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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion)
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kelsey
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August 24, 2014, 09:03:41 AM |
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only people who win in any of these fads are the people that trade out to btc/ltc when everyones piling in ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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TaunSew (OP)
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August 24, 2014, 09:06:27 AM |
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Asset coins won't succeed either. They are trying hopelessly but that's not the way how you go. Indeed the anonymous coins did lose traction now, but I'm thinking that will change in the future. It really depends on what features get added over time.
At least someone is brave enough to admit it. The way coins like NXT and BitsharesX are structured makes them very popular among the speculative private funds. A problem is presented: We missed Bitcoin and our company needs to make money. A solution is presented: Here we have a coin which claims to be better than Bitcoin. Let's throw money at them! The flaw in this logic was Bitcoin was never intended to be an outright technological platform. Who cares about replacing Wallstreet (like these asset coins want to do). Replacing $Fiat is the critical issue on hand and the rest is all distraction. Bitcoin was just a wallet / coin programmed in Satoshi's proverbial basement. It was more an economic / social currency, in that anybody who wanted it was able to CPU mine it for free. Later warped into this industry of have and have nots, hardware kings and corruption on the foundation (Karpeles was one of them if you may had forgotten).
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There ain't no Revolution like a NEMolution. The only solution is Bitcoin's dissolution! NEM!
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kelsey
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August 24, 2014, 09:13:15 AM |
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It was more an economic / social currency, in that anybody who wanted it was able to CPU mine it for free. Later warped into this industry of have and have nots, hardware kings and corruption on the foundation.
It started as an alternative to the greedy bankers, til those in bitcoin became the greedy bankers ![Lips sealed](https://bitcointalk.org/Smileys/default/lipsrsealed.gif)
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Viper1
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August 24, 2014, 09:29:37 AM |
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It was more an economic / social currency, in that anybody who wanted it was able to CPU mine it for free. Later warped into this industry of have and have nots, hardware kings and corruption on the foundation. It started as an alternative to the greedy bankers, til those in bitcoin became the greedy bankers ![Lips sealed](https://bitcointalk.org/Smileys/default/lipsrsealed.gif) And now all the asset exchange "coins" want to add on wallstreet, the epitome of greed. Just goes to show that crypto is all about money now and nothing more.
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BTC: 1F8yJqgjeFyX1SX6KJmqYtHiHXJA89ENNT LTC: LYAEPQeDDM7Y4jbUH2AwhBmkzThAGecNBV DOGE: DSUsCCdt98PcNgUkFHLDFdQXmPrQBEqXu9
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arbitrage001
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August 24, 2014, 09:42:12 AM Last edit: August 24, 2014, 10:21:11 PM by arbitrage001 |
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If there was an "anonymity war", Monero won it. Cryptonote is here to stay, you'll see the confirmation soon. 1 XMR = 0.00369341 BTC at moment of this post ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Based on market cap, darkcoin still have the largest market cap among anon coins despite huge drop in price. I personally think if there is a viable solution for anon feature, someone will develop a wallet to integrate the feature into bitcoin.
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Viper1
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August 24, 2014, 09:47:15 AM |
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If there was an "anonymity war", Monero won it. What are you talking about? Monero has been steadily dropping since it's pumped peak as well.
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BTC: 1F8yJqgjeFyX1SX6KJmqYtHiHXJA89ENNT LTC: LYAEPQeDDM7Y4jbUH2AwhBmkzThAGecNBV DOGE: DSUsCCdt98PcNgUkFHLDFdQXmPrQBEqXu9
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TaunGawk
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August 24, 2014, 09:51:43 AM |
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If it wasn't for NEM and REDD then in all honesty I wouldn't even be following alternates. The alternate section is either full of $hitcoins (reskinned BTC) or all these coins engaging in anonymity or asset arm races where nobody wins.
Isn't NEM an 'asset coin' too just like NXT trying to imitate exactly the same idea to get a share of the pie? please explain, thanks. also what makes REDD great? are these better than the rest?
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From Above
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August 24, 2014, 09:55:52 AM |
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If it wasn't for NEM and REDD then in all honesty I wouldn't even be following alternates. The alternate section is either full of $hitcoins (reskinned BTC) or all these coins engaging in anonymity or asset arm races where nobody wins.
Isn't NEM an 'asset coin' too just like NXT trying to imitate exactly the same idea to get a share of the pie? please explain, thanks. also what makes REDD great? are these better than the rest? LOL dude i am pretty sure u missed the sarcasm of the original poster. NEM and REDD are pure idea rip-off junks thats all ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) ~CfA~
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pandher
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Stagnation is Death
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August 24, 2014, 09:59:45 AM |
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Anonymity is being underrated here. Watch Monero boom once emission dries up
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Wexlike
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August 24, 2014, 11:00:21 AM |
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Imho monero wins the anonymity race. But why do we need so many different asset coins ? Is mastercoin not enough ?
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TaunGawk
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August 24, 2014, 11:07:04 AM |
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Imho monero wins the anonymity race. But why do we need so many different asset coins ? Is mastercoin not enough ?
There is the New Economy Movement that is on the way to make all altcoins including Monero obsolete. Mastercoin was an IPO stunt. Why do you guys go for Monero advertisement here all the way? It was debunked as inferior to Bitcoin earlier.
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fluffypony
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August 24, 2014, 11:36:43 AM |
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There is the New Economy Movement that is on the way to make all altcoins including Monero obsolete. Mastercoin was an IPO stunt.
How will NEM make all altcoins obsolete? Saying it as a statement of fact, without presenting any evidence to support it, is silly. You can say "in my opinion" or "I believe" if you want to spew unverifiable nonsense. Why do you guys go for Monero advertisement here all the way? It was debunked as inferior to Bitcoin earlier.
This just in: carrots debunked as inferior to oranges! Also, where did this "debunking" take place?
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TaunGawk
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August 24, 2014, 11:39:45 AM |
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How will NEM make all altcoins obsolete? Saying it as a statement of fact, without presenting any evidence to support it, is silly. You can say "in my opinion" or "I believe" if you want to spew unverifiable nonsense. I don't quite see the point in discussing facts. That's like discussing if or if not there's the law of gravity. This just in: carrots debunked as inferior to oranges! Also, where did this "debunking" take place?
Are you in denial right now to protect your Monero investment? Monero is inferior, it's a fact.
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TheWhale
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August 24, 2014, 11:42:20 AM |
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I'm pretty sure BitcoinDark has won. Blows away any other anon tech and the price is rising steadily in anticipation.
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fluffypony
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August 24, 2014, 01:13:37 PM |
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I don't quite see the point in discussing facts. That's like discussing if or if not there's the law of gravity.
There is no discussion, I've asked you to present a single fact. You have yet to present a fact. You're presenting an opinion. Are you in denial right now to protect your Monero investment? Monero is inferior, it's a fact.
Again - not a fact. A fact is something indisputable as it is either directly observable or provable. For example, I could say "TaunGawk's opinion is irrelevant because it is clearly a sockpuppet account that was created a mere 4 hours ago." That is a fact, verifiable by observing your profile page coupled with the nonsense you're posting.
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