Quote from: 3r197 on March 15, 2015, 04:06:06 PM

Quote from: dzimbeck on March 15, 2015, 04:05:59 AM

Yes this is true and lack of support for multisig can definitely interfere. One impressive thing about nxt is that its codebase differs greatly from BTC. Different isnt always better though. I would be much more quick to support coins that make crypto easier like Node or highly creative endeavors like Huntercoin. Hell, even Gridcoin never got the attention it deserved. People buy Bitcoin because they worship the dollar and thus BTC has the highest dollar value and the most security. They dont buy Bitcoin because its the "best" coin. If anything, it technologically is one of the worst. Its slow and hasnt included any of the most useful patches since they are afraid to fork. And just like MySpace was replaced by facebook, Bitcoin will be replaced if it refuses to improve its technology. Their "slow" paced improvements on protocol that rely on feedback from part time devs will get slammed once a real serious attack happens like botnet sybil attacks or quantum computers.

Furthermore if a serious company like Facebook or Microsoft came out with a coin (or a country makes its own coin like Venezuela) then perhaps Bitcoin will fall way behind.

On the other hand, ive been talking to some friends and we think Bitcoin may go on another bull run.

Also one of the arguments I had against nxt was it was a "middle coin" and it has been proven that decentralized exchange doesnt need a middlecoin. Examples are atomic trading (once enough coins get checklocktimeverify) or simply Halo microtrading such as in NightTrader.

However, the crypto space is overly competitive as it is and personally i think devs need to collaborate more instead of insulting each others projects. So in reality even though i have my own opinions on coins, i wish them all the best. It gets tiring to hear devs "looking" for reasons to say something negative about other peoples projects. Instead they should be saying "good job!"

Normally, I will openly support projects that have dedicated development. So to all the coins who work hard to develop "good job" and I hope they also see what we do here in Halo and that they clone some of our techniques to make their products stronger. This space will only succeed if we all work together. Because an outside investor can see the toxic environment of bitcointalk and run for the hills (they wouldnt really know the difference of the coins being new to the space).

You are right. I wish them all the best.

And as you were stating... It's already happening -> https://www.cryptocoinsnews.com/ibm-federal-reserve-want-create-bitcoin-knock-off/

Granted this has already happened in the past on a smaller scale and failed: http://cryptome.org/jya/digicrash.htm

I think this news will actually work in favor for decentralized coins. They (IBM and Feds) have an "unlimited" (joke) cash resource available to market the system to everybody, and as more people get involved, the sooner the "viral" breach hits. The new users will wake up to the incentive behind the decentralized systems already in existence.
I can't wait to see the day when the Fed reserve (yet again) decides to print out 1 trillion more fake dollars or digital cash and watch the price skyrocket on the decentralized coins.
Heck, who knows, maybe one day cryptocurrency will eventually force governments to actually run efficient for once.

The fed prints way more than 1 trillion from the infinite nothingness. You should see some of the chilling youtube videos about money coming from thin air. Bernake and Greenspan etc would always pull 9-10 trillion a year from thin air for black projects. Military overspends at least 90% on their budgets to disguise embezzlement and black budget projects. They have infinite money and would make Bill Gates look like a welfare recipient.

Money doesnt exist, its a belief.