Post
Topic
Board Altcoin Discussion
Re: Will Darkcoin take second place over Litecoin next bubble?
by
derpberp
on 05/10/2014, 21:07:46 UTC
A few good points definitely. I think Waramp is right probably about the regulation side of coins promising truly anonymous transactions, Though it is a very good tool for people wanting their freedom we all know (as Waramp as pointed out) that people will use them for nefarious purposes making them a major target.

I do think alot of people learned about crypto-currency through SR though sadly, not all, but quite a few. I seem to remember the motto being "a currency isn't a currency till you can buy drugs with it" during that time lol. I just figured the anonymous would get that side of the community all excited.

Now that you have pointed this out though I have a better perspective of it. I definitely don't think it's as innovative as I thought it was now. I haven't seen any coin yet that really brings something truly innovative to the table that completely makes Bitcoin obsolete. When that happens we will all know I'm sure, it will just be too good to refuse, but I honestly can't think of a single thing that I could add to Bitcoin to make it "better" to the point where Bitcoin is now obsolete.

I definitely think with all the LTC asics out we must see some action if we do indeed see another bitcoin bubble. I am unsure of what the catalyst will be, but I'm definitely giving Bitcoin a good shot at seeing it over what it is today in the future.  Though, I believe litecoin is in the same situation BTC was in 2013, people were willing to buy for investment purposes, but not many merchants were accepting yet. Its actually fairly far behind IMO, since it already has ASICS out but you can't really spend it, most exchange it for BTC after mining it as well.

Thank you Gadado, you actually answered my question on innovations that could render Bitcoin obsolete, I guess that really is the holy grail - INSTANT. D: I liked the look of Ripple - confused the hell out of me though (the exchange thing) every movement I made needed BTC, even to send my other coins, I was confused as hell. PPC has always been interesting too due to the electricity it saves. I know that has to be another side of this new magical coins innovations. Have no clue what NXT is honestly.... What's NXT all about? Does it bring anything good to the table?

Side Note: I'm thinking BTC bottom should be around 200 ish ya? lowest 170ish Probably a bounce at 266 (from last peak?) I'm just checking fib levels and past support areas. Unless Bitcoin is going all the way.... lol. theres going to be at least a good bounce some where in there. Wink

I really don't see how its going to get past 150, everyone and their mom would start buying (unless there was truly bad news out, which there isn't) There is just wayyyy too many people willing to invest into bitcoin now for them to get much lower than that, GRANTED they haven't been high for all that long but there is billions of dollars worth of industry behind BTC now (in every angle) which is the major difference for me compared to last year.

Does anyone ever pay attention to the Gox coins anymore? Are they just sitting there? None being sold? This isn't another epic stolen coin sell off is it? :3 lol (it looks more like natural ebb & flows of the market to me honestly, but it does make me wonder)