Quote from: Cummins59 on January 05, 2015, 02:57:29 PM

Quote from: FandangledGizmo on January 05, 2015, 01:47:00 AM

Quote from: chipmadness on January 04, 2015, 10:56:40 PM

We need a new digital currency that breaks apart from Bitcoin. Its kind of dumb to have everything depend on one thing.

It's here, they're launching 1.0 within a month & there's a chance this will topple Bitcoin, if it continues to be weak this year imo...

https://m.youtube.com/watch?v=fnunXnLdJdw&feature=youtu.be

Websites, launches etc. all being revamped atm. but it will all be pretty awesome soon.

You guys are living in a pipe dream. With no regulation it doesn't work. Any person with just a bit of common sense that gets scammed just once is done.
It has happened to more people by more scammers than anything I have ever seen in my lifetime and I am 48 so I have seen a lot. Unless you have a Federal Authority that will prosecute and help recover funds by protecting against fraud, it just won't work. I was in love with BTC until all of the scamming took place. At first it was bad but recoverable due to mining but now with zero profitability in mining the scambaggers are really at work. You have had companies with millions of dollars folding left and right with no remorse and no consequences.

I totally agree. I am totally in support of crypto. Whether it's btc, nxt or quarkbar. but there needs to be a regulatory authority. It's great to think that we could have a total decentralized currency but it just won't work without regulation.