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Author Topic: What's going on with the "older" coins?  (Read 1814 times)
mtwelve
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September 16, 2014, 02:16:06 PM
 #1

Peercoin is getting some traffic, Blackcoin, and Dogecoin have been highlights when it comes to volume and price recently. I know Dogecoin has something to do with release of auxpow, and Blackcoin has somethingto do with the conferences going on in CHina right now, but Peercoin? wat's going on with Peercoin? Anyone got some insight?

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September 16, 2014, 02:24:24 PM
 #2

Peercoin is getting some traffic, Blackcoin, and Dogecoin have been highlights when it comes to volume and price recently. I know Dogecoin has something to do with release of auxpow, and Blackcoin has somethingto do with the conferences going on in CHina right now, but Peercoin? wat's going on with Peercoin? Anyone got some insight?

A) Coming of NuBits
B) Coming of v0.5
C) Overheating of SHA-256 mining.

It's a well established PoW/PoS hybrid. In the future, the market will start to move more to PoS. I've predicted that PPC will experience a similar bullrun in 2014, as LTC experienced in 2013.



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spazzdla
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September 16, 2014, 02:59:30 PM
 #3

PPC's block chain size is 400 MB...  Constant inflation to keep miners around for ever.

Dogecoin is cool and well being able to send money for 1 doge is rather amazing.
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September 16, 2014, 04:08:29 PM
 #4

Peercoin is getting some traffic, Blackcoin, and Dogecoin have been highlights when it comes to volume and price recently. I know Dogecoin has something to do with release of auxpow, and Blackcoin has somethingto do with the conferences going on in CHina right now, but Peercoin? wat's going on with Peercoin? Anyone got some insight?

A) Coming of NuBits
B) Coming of v0.5
C) Overheating of SHA-256 mining.

It's a well established PoW/PoS hybrid. In the future, the market will start to move more to PoS. I've predicted that PPC will experience a similar bullrun in 2014, as LTC experienced in 2013.

Can you go into more indepth about these three reasons you made? I understand the third one a bit, but explain the first two if you will. Thanks!

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September 16, 2014, 07:15:56 PM
 #5

Check out peercointalk.org, all the information about 0.5 and nubits is right there. Although nubits is still a bit of a mistery, the programming team working on it is excellent, so the expectations are pretty high.
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September 16, 2014, 07:37:47 PM
 #6

Check out peercointalk.org, all the information about 0.5 and nubits is right there. Although nubits is still a bit of a mistery, the programming team working on it is excellent, so the expectations are pretty high.

I know they are paying top wages for engineers...
But, seriously, PPC has completely fallen into the abyss.

Last I heard Jordan Lee was giving away equity to his buddies.

NXT has 250 assets and is adding 2 assets/day = it's going exponential...
If the PPC team doesn't match NXT functionality head-to-head they are wasting their time...
Some half-baked protocol like XCP or ClearingHouse or MasterWhatever is pointless and doomed.

Any discussion of Crypto Assets without a direct comparison to NXT is meaningless.
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September 16, 2014, 07:39:14 PM
 #7

qrk?

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TaunSew
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September 16, 2014, 07:51:37 PM
 #8

Almost all of these older coins are $hitcoins, some of them more $hit than others and some have more functionality but it doesn't detract from the fact that they're forks of Bitcoin with superficial cosmetic or mechanical changes.


There ain't no Revolution like a NEMolution.  The only solution is Bitcoin's dissolution! NEM!
devphp
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September 16, 2014, 08:07:28 PM
 #9

NXT has 250 assets and is adding 2 assets/day = it's going exponential...

You haven't seen Dogeparty adding assets, now THAT IS exponential! Cheesy They added a few thousands assets in two weeks, because it only costs a few cents to issue an asset. It costs ~$30 to issue an asset on NXT at current exchange rate, so 2 assets/day is not that much and not exponential at all.
mtwelve
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September 16, 2014, 08:13:52 PM
 #10

Is it correct in assuming if you own nxt or dogeparty you also have a part of any asset issued through the respective protocols?

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September 16, 2014, 11:45:26 PM
 #11

Is it correct in assuming if you own nxt or dogeparty you also have a part of any asset issued through the respective protocols?
For NXT: nope, not even slightly. The assets are the property of the issuer and the buyers/investors, you can buy an asset with NXT, but simply holding NXT does not give you a share in any NXT assets that you do not directly own.

For DogeParty: no real idea, but I think that its the same.

Nulli Dei, nulli Reges, solum NXT
Love your money: www.nxt.org  www.ardorplatform.org
www.nxter.org  www.nxtfoundation.org
mtwelve
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September 16, 2014, 11:52:22 PM
 #12

Is it correct in assuming if you own nxt or dogeparty you also have a part of any asset issued through the respective protocols?
For NXT: nope, not even slightly. The assets are the property of the issuer and the buyers/investors, you can buy an asset with NXT, but simply holding NXT does not give you a share in any NXT assets that you do not directly own.

For DogeParty: no real idea, but I think that its the same.


BUt the value of NXT/Dogeparty should/would increase if said XXX asset increased in value?

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September 17, 2014, 12:32:51 AM
 #13

people are moving on, and maybe looking for something that could have value. A lot of the older ones were vanity coins.

I got a tip about a couple of coins about to come out. If they appear, I think we might have another reason not to buy Doge or Digital Coin.

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September 17, 2014, 01:03:01 AM
 #14

How about the oldest alt coin--LTC? still at the low  Sad Sad

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September 17, 2014, 01:04:58 AM
 #15

Is it correct in assuming if you own nxt or dogeparty you also have a part of any asset issued through the respective protocols?

no.  you have to buy them with nxt or xdp.

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Willisius
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September 17, 2014, 01:07:36 AM
 #16

How about the oldest alt coin--LTC? still at the low  Sad Sad

The oldest altcoin is Namecoin.
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September 17, 2014, 01:50:31 AM
 #17

How about the oldest alt coin--LTC? still at the low  Sad Sad

The oldest altcoin is Namecoin.

Huh. I thought it was LTC lol. Think current statement is first coin using a different algorithm?

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September 17, 2014, 02:10:11 AM
 #18

How about the oldest alt coin--LTC? still at the low  Sad Sad

The oldest altcoin is Namecoin.

Here is an early reference to Namecoin's precursor BitDNS from 2010. https://bitcointalk.org/index.php?topic=1790.msg28696#msg28696

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
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September 17, 2014, 02:22:32 AM
 #19

uno going too.

We had enough of one-week-coins that die within the month of release and have no community. By now even the slowest thinkers realize most of the innovation isn't real and they are fooled and abused for betatesting.
So the logical consequnece is to come back to the old, solid, established coins.

When it comes to ppc: pure POS isn't ready yet. Too many issues. More testing and coding needed. Can take more years until it is reliable. So ppc has been there all the time and is actually more reliable than most shit that came later. So why spoil it? The coin is good and so are all the other old coins that came without a premine. The mindset of 2013 was more valid than the insanity and shitcoin-flood of 2014.

What you fastfood-people don't get is this:

"Perfection is Achieved Not When There Is Nothing More to Add, But When There Is Nothing Left to Take Away"

big innovations don't happen on a daily basis.

lowest inflation in town: Unobtanium
https://bitcointalk.org/index.php?topic=527500.0
Learn from history: Unfair money always fails
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September 17, 2014, 09:33:53 AM
 #20

PPC's block chain size is 400 MB... 


Is the chain size of 400 MB a good thing or bad? It has been around for over a year.
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