Post
Topic
Board Altcoin Discussion
Re: Poll: Pick your favorite Alt-Coin!
by
jbmiller10
on 31/07/2013, 21:45:27 UTC
It seems like the big four are currently (in order of votes):
1 Litecoin
2 Primecoin
3 Digicoin
4 Novacoin

Then there are those deserving of honorable mention (in order of votes):
5 Cosmoscoin
6 YACoin
7 Goldcoin
8 PPCoin
9 Feathercoin
10 Quarkcoin &  Namecoin (tied)

I am surprised by these results so far.  First, I never even heard of Digicoin before this vote and it #3 on the list!  I'll need to look into it.  Also, Primecoin is really close to Litecoin in terms of popularity being a relatively new coin.  It also has a lot of threads for it in this forum (I myself was getting confused and made an aggregate thread for the coin at https://bitcointalk.org/index.php?topic=264115.0

Other new coins that are surprisingly high on the list are Cosmocoin, Goldcoin and Quarkcoin.  



We didn't buy our votes.. unlike certain coins that shall remain unnamed for the moment.

I get the feeling this is aimed at DGC. Normally I just try to ignore FUD, but for whatever reason I really just don't feel like letting this slide today.

A few things:
  • DGC has the 10th largest market cap (coin price x number of coins in circulation) of any cryptocurrency, and the second largest market cap of any coin released in the last three months. By the way, it's about 5 times that of goldcoin's. Additionally, it has consistently been in the top handful of coins on cryptsy in terms of trade volume in BTC/day every day for at least the last month.
  • DGC has an extremely active community, with one of the most active IRC channels, behind only #bitcoin and #litecoin (btw, join us at #digitalcoin on irc.freenode.net---webchat link is in my signature), as well as the longest announcement thread of any alt-coin in recent memory.
  • DGC has a currently ongoing fundraiser where over 75,000 DGC (~2000 USD) has been raised to assist with development costs from over 30 unique users. This is particularly significant as DGC was one of the fairest coin launches in recent memory with no "premine" or "instamine", and no users were able to amass huge amounts of DGC for free by being an "ultra-early-adopter". All of those donations were hard-earned or bought by the dgc community and given to the development team because they believe so strongly in DGC's future.
  • DGC has one of the most active development teams of any altcoin. Currently in development are a fiat exchange/payment gateway as well as a "bank" which will issue DGC options. The DGC (and ARG) exchange is slated to be released within the few weeks, and the bank following shortly after.
  • The most recent DGC "pump and dump" was anything but. Rather, a number of users in various exchange trollboxes sought to perpetuate a rumor that btc-e was adding DGC when they removed CNC, and this rumor caught on. This led to panic buying and then a resulting market correction back down to DGC's long term support level of ~.0003 dgc/btc. Since reaching this level, dgc has shown no indication that it is going to break it. By the way, no one involved with the development of DGC had anything do do with these rumors and did not even acknowledge them when they were ongoing

Basically, what I'm saying is, you've suggested that there's no reason anyone would think DGC is an up-and-coming cryptocurrency enough to vote for it in this meaningless poll unless they were paid to do so. This could not be farther from the truth. Shit, we (as a community) haven't even actively been promoting this poll other than a couple folks in IRC mentioning it a time or two and one post in the digitalcoin "ANN" thread. Your statements illustrate a clear ignorance of reality and an unwillingness to research your claims before you make them.

Oh, and lol at your logic that "because GLD is going up now, it will never stop going up!" I suppose the name "goldcoin" is fitting in this regard.