Quote from: STT on March 31, 2014, 10:51:37 PM

Quote from: dE_logics on March 31, 2014, 03:21:21 AM

WARNING -- Quark, Primecoin, Protshares prices will surge after Scrypt ASIC is out.

There may be a little bump in SHA256 coins cause now they're in the same league.

So will asic do scrypt coins harm, couldnt it also go like btc did. In confused if its good or bad for them, gpu miners sure are squeezed.

I read gridseed mining is already widely available, so we are just talking faster and faster speeds for less elec I guess.

BTC has a special position in the market -- it's the 1st one and major investors only know this one. They dont know the altcoin market yet.

Besides almost whole of altcoin volume is derived from BTC holders, not fiat currency.

As a proof, try searching for SHA256 coins in top market cap coins. We have namecoin, zetacoin, devcoin... there are hardly any.

Actually there's a correction in my prediction -- Quark algo will not be the future cause it's not good on GPU in comparison to CPU. My bet is now on darkcoin algo, cause 11 hashing algo will make it ASIC resistant for a long long time, yet it's very fast on GPU. Then there's fudge also.

There's HUGE profit to me made off these new algo coin, since there'll be replacing scrypt coins. Scrypt coin value will slowly fall down as the new coins overtake.