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Author Topic: All altcoins will survive  (Read 3291 times)
HCLivess (OP)
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March 09, 2015, 11:43:38 AM
 #21

Running altcoin networks is close to costless and they are virtual, just like email/youtube accounts.
Running a secure coin network is certainly not costless or anywhere near it.
What are the incentives for bringing down low value networks?

dukeneptun
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March 09, 2015, 12:05:26 PM
 #22





Interesting chart, looks like the easy money from pump and dumping new alts has gone.   Where do all the new alt devs go now... back to BTC or services around BTC economy Smiley

Yeah. Really ineresting chart. Where is it from?
majorminers
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March 09, 2015, 12:35:19 PM
 #23

All altcoins go to heaven.

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March 09, 2015, 06:04:49 PM
 #24

You know how many coins have died in the last year? they go to near zero and get delisted from the exchanges, that's how they die. "Very few altcoins will survive" would be much more accurate to say, although I'm wondering if that's too optimistic.

Yes, the wildcat stage of cryptocurrencies is probably at its mid-point.

The herd thinning may begin soon.

It already is. That's part o' life in a boom town.

Even happens in 'legitimate' industries. Do you know how many American car companies there were when Bill Durant was still running General Motors? Well over a hundred!






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gjhiggins
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March 09, 2015, 08:55:15 PM
 #25


Yeah. Really ineresting chart. Where is it from?

Still in ninja launch phase but the live interactive rendering is on Minkiz home page: https://minkiz.co/

Latest version:



(Screengrab of browser-rendered chart via sgvizler using SPARQL results from a query of the DOACC RDF graph https://github.com/DOACC/individuals/)

Cheers

Graham


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March 10, 2015, 12:38:45 AM
 #26

It's maybe possible that altcoins could be worth $2-3 bi (out btc) in the far distant future but I see that being split between a 500 coins.
jt byte
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March 10, 2015, 06:22:37 AM
 #27

Altcoins have utility ,They in many cases develop new tech
LuckyBtc
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March 10, 2015, 06:43:51 AM
Last edit: March 10, 2015, 07:12:43 AM by LuckyBtc
 #28

Altcoins have utility ,They in many cases develop new tech
Not all of them have bring new tech to us only a few altcoin have like NXT,XCP etc.. Others are just for pump and dump. Smiley
PaulPierce
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March 10, 2015, 07:33:26 AM
 #29

The coins and there chains will mostly stay around but many of them will never even be used again.

vrm86
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March 10, 2015, 11:39:37 AM
 #30

Assuming all altcoins will survive most of them will be worth ~0.00000001 DOGE.

Yes! Let's make DOGE exchange for all exiled shitcoins  Cheesy
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March 11, 2015, 04:18:36 AM
 #31





Interesting chart, looks like the easy money from pump and dumping new alts has gone.   Where do all the new alt devs go now... back to BTC or services around BTC economy Smiley

An excellent question anyways it looks like we can breathe a collective sigh of relief
There were just so many pump and dump coins from that set it was bloody incredible
(Scared to imagine the future with Altcoin 2.0 following after Bitcoin 2.0 IPOS lol)

Believing in Bitcoins and it's ability to change the world
TheMage
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March 11, 2015, 05:42:10 AM
 #32

My thoughts on alts and why they are important

https://www.youtube.com/watch?v=gLVwMFWGseA&feature=youtu.be


BTW its a hour long interview Smiley.

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March 11, 2015, 09:50:09 PM
 #33

(Scared to imagine the future with Altcoin 2.0 following after Bitcoin 2.0 IPOS lol)

I'm already imagining it. If (say) Nxt takes off, there'll be a monsoon of Nxt clones.






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bitcoin4eva
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March 11, 2015, 10:01:11 PM
 #34

Not even sure if OP is for real with this one... Not many altcoins really survive.
futurebit640
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March 13, 2015, 03:53:35 PM
 #35

Millions overnight will be made in varius alt coins. Wink
autodiv
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March 13, 2015, 04:15:59 PM
 #36

When the last client goes dead the alt is dead. It happens all the time.

mariawatson
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March 13, 2015, 06:28:34 PM
 #37

When the last client goes dead the alt is dead. It happens all the time.

I agree:)
trotter55
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March 13, 2015, 09:11:27 PM
 #38

When the last client goes dead the alt is dead. It happens all the time.

I agree:)

There are too many dead coin threads full of posts asking for nodes.

No nodes = dead coin.
cassius69
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March 14, 2015, 03:08:37 PM
 #39

what about analcoin? could meet a shitty end?

OrientA
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March 14, 2015, 06:18:32 PM
 #40

Yes, they will. Stop comparing them to startups or real-world companies, which need to compete for survival. Running altcoin networks is close to costless and they are virtual, just like email/youtube accounts. Altcoins are decentralized decentralization.

It costs money to host the node.
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