Quote from: Pastafarian on January 05, 2015, 12:46:36 AM

Quote from: yourstruly on January 04, 2015, 01:57:47 PM

Quote from: Pastafarian on January 04, 2015, 07:19:43 AM

To be clear, I am a supporter of BTC and again I must emphasize that I believe BTC will always be the "top dog." I do, however, differ in opinion when it comes to the opportunity that the MJ niche provides.

As far as other commodities like corn and soy, there is really no need for a specific altcoin because they're already well-established. The bottom line is that the MJ niche provides more opportunities.

I'm sure you agree that with BTC's success, investors will also be looking for alternate stores of investment. The reason we work so hard at STV is because we want to be one of the trusted coins that these investors turn to. Sativacoin's low barrier to entry (when it comes to price compared to a BTC) is a major advantage. We also hope to create value, not by pegging our coin to anything, but rather by growing our community and becoming widely accepted. Though there have been many altcoins created that lack quality or a dedicated Dev, we at STV are working hard to ensure our long term success.

You shouldn't assume my position, I don't agree that Bitcoin will always be the "top dog", I don't think the proof-of-work protocol truly captures Satoshi's original vision of cryptocurrency when it scaled for wider adoption. However the community is full of very talented developers pushing the technology forward in many ways, it also has network effect that this point and has already been adopted by the mainstream culture. That said, I believe that Bitcoin will eventually be known for introducing the concept of cryptocurrency, and the concept of cryptocurrency will have a much larger impact than Bitcoin itself.

You don't explain why a "MJ niche provides more opportunities", you just state it as if that is enough but it is not.

I would hope those investors who are looking for alternative cryptocurrency investments would get behind developers who are trying to advance the underlying protocols, that drive cryptocurrency and not be fooled by marketers trying to sell vapid products. You have yet to explain why there is any reason the Cannabis industry could not and should not use cryptocurrencies that feature more innovation than a cannabis related name.

The claim that STV has a lower barrier of entry is incorrect, it is much easier to obtain Bitcoin than it is any other currency because it has the necessary infrastructure in place. If you are truly interested in advancing alternative cryptocurrency, it is important to continue building the infrastructure for cryptocurrencies with developers actively improving the protocols than to fracture both the infrastructure and community to gamble and personal financial gain.

What is your "dedicated" developer doing? What changes have they made to the leading cryptocurrency protocols? Have you read through the source code?

You have yet to convince me that your project is more than another project in a long line of projects trying to hamfistedly mash concepts together with cryptocurrency in order to justify the release of a new unnecessary blockchain. What is being offered is investment opportunities in a dead end, which only furthers fracturing, takes attention from actual alternative protocols and embarrassing the burgeoning cannabis industry.

The cannabis industry does have the opportunity to take advantage of cryptocurrency as it continues to grow in the United States but attaching itself to niche coins like this that offer nothing more than childish marketing will do more harm than good. There is a lot of potentially interesting ideas that could be done to bridge the two concepts, but this is nothing more than marketing and lacks real substance.

Though I can't say for certain which coin may or may not be at the top in the long term, I believe that BTC will remain there for some time. This is simply because if you asked the average person about any coin ever created, the only one that they will likely be familiar with is BTC (maybe LTC). I disagree with your notion about what defines a crypto's value because there have already been feature-rich coins that have failed to gain success because of the fundamentals of any currency, mass adoption and utility.

I do believe, however, that there are features that bring value to a coin and we at STV are open to implementing anything that our community desires. As much as I would like to share what STV has in store though, I must simply withhold this information for the meanwhile to protect our community and ideas from our competition.

I wish you the best of luck with your exchange because there is a lot of room all of us to grow together!

i just read all you wrote for nothing , you dont have a good answer to his question , all the coins that are used for anything but everything , are useless. why have a coin for maryjane , choclate , hotels , cinema's , flight's etc when we could just use ONE good one that would work for everything? aka bitcoin