who killed crypto?

[Pecunia non olet]

2015: End of Bitcoin & Rise of altcoins.

Fact

+1

forget that inflationcoin. Sellpressure, sellpressure, sellpressure.

[e-coinomist]

scams are a problem but in the end: bitcoin killed crypto because it wasn't able to hold its value

Yes and no. Bitcoins still hold some remaining value.

The to the moon expectations had been exaggerated. Take a look at yourself. Do you buy Bitcoins with fiat? Of course not, since the value is falling every week. Do you mine at home? Well, nobody is still that silly to preorder some ASICs. And then there is that purposed darknet use case, but statistics are showing to us 46 sites closed during 2014. No place to carry over your money, unless you darely need to get rid of it.

But BTC still exists, as a proof of concept. Opened the door, which is ... open now. Some other coin will continue where Bitcoin failed I am sure.

[SalimNagamato]

no one killed bitcoin
many fat wallets are still cashing out
i know i would if invested few years ago

and adoption is happening, slowly
some big companies already accept bitcoin
some small online sites even aceept alts

only time will tell

[EvilDave]

Crypto's not dead in any real way. Even if BTC fails, other projects will take its place.
Check some history....every new market is plagued by scams at an early stage in its development, usually (as with crypto) just after it begins to enter mainstream thinking.

Even though they are well-hidden in a sea of scamcoins, there are a lot of very solid projects out there delivering quality, security and innovation.
Obviously, I'm going to point at NXT as one of the best current alt projects, but there are others.
Bitcoin is also a long way from dead right now, the amount of infrastructure that has been built for it over the last year is amazing.

Talking of infrastructure, I think the main issue we now need to address is how to get more people paid by their employers in crypto-currencies.
The last year has seen the ways in which we can SPEND crypto vastly increase, but why the hell should people get paid in fiat, then have to buy into crypto in order to spend it again? 

[EvilDave]

And then, as if by magic:

http://cointelegraph.com/news/113273/overstock-installs-btm-at-corporate-headquarters-offers-to-pay-employees-in-btc

Overstock comes up with this.......I feel like Nostradamus sometimes. Nice one, Overstock!

[robbo389]

Crypto's not dead in any real way. Even if BTC fails, other projects will take its place.
Check some history....every new market is plagued by scams at an early stage in its development, usually (as with crypto) just after it begins to enter mainstream thinking.

Even though they are well-hidden in a sea of scamcoins, there are a lot of very solid projects out there delivering quality, security and innovation.
Obviously, I'm going to point at NXT as one of the best current alt projects, but there are others.
Bitcoin is also a long way from dead right now, the amount of infrastructure that has been built for it over the last year is amazing.

Talking of infrastructure, I think the main issue we now need to address is how to get more people paid by their employers in crypto-currencies.
The last year has seen the ways in which we can SPEND crypto vastly increase, but why the hell should people get paid in fiat, then have to buy into crypto in order to spend it again? 

Maybe lobbying computer software companies might help. Their employees might want paying in bitcoins, whereas non-computer people might be against it right now.

[Nectar-AT]

Crypto's not dead in any real way. Even if BTC fails, other projects will take its place.
Check some history....every new market is plagued by scams at an early stage in its development, usually (as with crypto) just after it begins to enter mainstream thinking.

Even though they are well-hidden in a sea of scamcoins, there are a lot of very solid projects out there delivering quality, security and innovation.

Totally agree - these aren't the best days for crypto. But a coin like Counterparty, Ethereum or some other new coin no has ever heard about could change everything. Things are messy these days, but there are diamonds in the rough that could reshape the future for the better - our one-stop dashboard makes it easier to find today's diamonds, and tomorrows...

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http://nectarcoin.com/wp-content/uploads/2015/01/nectardah3-e1420801521637.png

[stellar1]

Crypto is not dead. It is just evolving. Its a different matter the current stage in its evolution is appearing as death to some. Because we placed too much faith in one altcoin after another. Because we believed $1100 will come. Because we believed exchanges with just a BTC address will operate like NYMEX. Because we believed SEC will punish every insider trading case in the crypto economy. Because we believed the conner who offered to multiply our BTCs in 24 hours or days. And so many more beliefs.

If anything, our beliefs about crypto need to die.

Crypto moves on. We need to keep pace. The folks who happen to outpace it are the biggest beneficiaries of the crypto evolution. Feel free to vet this with the events of last 6 or 8 years. 8 years later I am confident the story will remain the same.

Enjoy the crypto ride!!!

[unusualfacts30]

Crypto is not dead. It is just evolving. Its a different matter the current stage in its evolution is appearing as death to some. Because we placed too much faith in one altcoin after another. Because we believed $1100 will come. Because we believed exchanges with just a BTC address will operate like NYMEX. Because we believed SEC will punish every insider trading case in the crypto economy. Because we believed the conner who offered to multiply our BTCs in 24 hours or days. And so many more beliefs.

If anything, our beliefs about crypto need to die.

Crypto moves on. We need to keep pace. The folks who happen to outpace it are the biggest beneficiaries of the crypto evolution. Feel free to vet this with the events of last 6 or 8 years. 8 years later I am confident the story will remain the same.

Enjoy the crypto ride!!!

+10000

Crypto is in same state as bitcoin once was. In few years some of altcoins will pass bitcoin in value. Bitcoin saw its good time and returned. Now its time for crypto to make some real changes in this world.

[Q7]

No, it was "not" always a scam. Bitcoin is in every way legit. It was the people who created altcoin that also turns to be the one who destroyed it. And bitcoin reputation suffers because of that.

[defaced]

it was me and my squad THE COLLECTIVE! buahahaha

[e-coinomist]

Try NectarCoin's altcoin market alert system (raw online demo). Track and get Alerts on: Big Price Moves, Big Buy/Sell Order shifts, Developer updates, Big Volume Traffic, New listings

Big Buy/Sell Order shifts ?
Whoever watches this has to be aware that Orderbooks are no more then mists or fog.

Developer updates? Scams make more update noise, so that's a weak sign at least.

Big Volume Traffic ... when it crashes, the volume is higher. Sure sign to get the fuck out. This is usually way past the first significant price move.

... overall in summary, don't trust those signs or learn to read them better.

If anything, our beliefs about crypto need to die.

Some, not all.

[sofu]

No one killed crypto. You can still buy drugs with BTC and trade it. Same like 2013.

You couldnt do more with BTC if it would be worth $1000.

Killing crypto != bubble burst 

[Baghead]

bobsurplus is anally f*&*%$^& crypto so he may have gave it aids