Post
Topic
Board Altcoin Discussion
Re: Will Darkcoin take second place over Litecoin next bubble?
by
derpberp
on 06/10/2014, 14:54:59 UTC
Well I agree with you but sadly I think ANY coin that boasts anonymous features will come under scrutiny from capitol hill, regardless of the name. You could make it the best sounding coin in the world but the second it facilitates money laundering and the like, its going to come under heavy scrutiny.

I think Bitcoin has come under alot of scrutiny due to these issues and its not even completely anonymous. Bitcoin at least proves that they won't just "shut'er down" the second they find out about it.

Capitol Hill didn't really care about BTC till it started rising so I'd image a anonymous coin could have years of use before it hits mainstream public depending on how much hype there is when it actually comes out. Even then I doubt they would just shut it down and say no. They might watch it but that's quite alright if they do because it's you the user that is responsible for covering your tracks once a currency like that is in place, though I think most of us don't care at all about covering our tracks because we use bitcoin for legitimate purposes. No matter how anonymous the Blockchain is, you'll still have exchanges and fiat currency conversions to worry about. I'm pretty sure Bitcoin has been used for more evil than good up till about a year ago, they didn't just shut it down lol. They did make sure to bust a few big boys, whom probably thought they were immune to prosecution due to using bitcoin (which is again, the users responsibility to not be a derpcake and think they are outside the law just because its pixels). ..still waiting for the Fontas bust, I noticed he finally wised up and F-ed off. lol.

Now I don't think DRK is the answer either, but I see it as the mostly likely candidate to receive alot of hype in the near future, until something better arises. I'm asking about if a bubble were to happen next week, where would DRK stand? Right now I think it has a very good chance of going just as far as most of the other coins last bubble, they are over NVC/PPC/XPM/and all the others on BTC-E and sit right behind LTC price wise, we saw DOGE and all kinds of other weird ass coins have meteoric rises last bubble (like 42??? why was that shit 400 bitcoin per 42 at one time?) lol. I'm pretty sure all they changed was the number "21m" to "42" and probably a algorithm change. Why??

Theres a lot of logic being stated here as to why Alts won't make it long term (and I for the most part agree with all of them), but there was ABSOLUTELY no logic to the rising of last bubbles altcoins. I remember people saying "wow my 40 dollars worth of altcoins on cryptsy are worth 1,000 bucks now" lol. It was mainly due to the influx of new chinese exchanges excepting alt coins ya? so that probably won't happen this time around, I found it very weird, there was no logic behind it.

I think random cryptsy coins won't rise, but the next bubble will see the rise of coins that were the first to come out with a particular feature. I think LTC/PPC/XPM/ and all the btc-e coins that have basically been established as "the first of their kind to catch on" will see some form of rising.

Now just like before, they will all rise to different heights respective of their placement in the "crypto economy".

So I still see BTC/LTC rising the most out of all of them. But how close will DRK be to LTC next bubble? That's my question.