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Re: [ANN] Levelcoin - Proof of Stake / Proof of Burn Hybrid - Inflation Immune
Couple of questions.
1. Wouldn't it be better to have the option to revert the LV2 coins back to the LV1 coins? There may be a time where I would need to spend a large amount of LV1 coins but don't have the time to wait for a whole week.
2. Will the LV2 coins begin to generate LV1 coins a week after they were conceived or will they just generate, like say, every new Sunday or Monday?
1. Wouldn't it be better to have the option to revert the LV2 coins back to the LV1 coins? There may be a time where I would need to spend a large amount of LV1 coins but don't have the time to wait for a whole week.
2. Will the LV2 coins begin to generate LV1 coins a week after they were conceived or will they just generate, like say, every new Sunday or Monday?
I used to eat a lot shrimp until I learned what they ate on the bottom of the ocean floor. Ignorance is bliss.
Did you know that chicken eggs come out of the anus?
I used to eat a lot of chicken eggs until I learned that they came out of their anus. Ignorance is bliss.
http://www.zerohedge.com/news/2013-12-26/probability-stock-market-crash-soaring
Bitcoin will go to the moon in terms of dollars...
Bitcoin will go to the moon in terms of dollars...
I honestly think that if you are serious about your coin and want to streamline your coin, you need to have a lightweight wallet ready to go with your launch. When I first got in to bitcoin, I skipped the client and went straight to Multibit because I didn't want to wait an eternity for my client to sync up. Also something tells me that your grandmother will not have the patience to wait for her wallet to sync up either.
Re: Only 4 altcoins exist that provide additional value over bitcoin...
Really?
Namecoin is interesting, and has potential.
Datacoin, also has potential, but is only just starting out, so I wouldn't put more than 20-40 dollars into it.
Protoshares haven't even started out yet, they're just hype for a currency which won't come out for at least half a year, if ever. I've held on to about 5 percent of those I mined at the beginning because the concept could do well, but I wouldn't invest anymore until they actually put something of use out.
Mastercoin, sadly enough, appears to be doomed. They're main selling point was that they were like colored coins, but had a huge fund to expedite development. It appears that the people running it are absolute morons, as they're first real developer isn't even going to start until February, and the creator owns something like a quarter of all coins.( They claim this was fair as he sent in a couple hundred Bitcoins for these mastercoins, into a pool he controlled- where everyone else's risk was that he was a scammer.)
If I had to choose the best four current alts,
Namecoin would be there as something with potential, but unlikely to gain too high a value(as that could actually hurt it's usefulness).
Datacoin would be worth investing into, but far too risky at this point for any significant funds. Haven't seen what will happen when someone uploads cp for instance...
Peercoin, as one of the most innovative coins. Money supply increased in such a way that no holder's holdings actually decrease as a percentage of the whole(i.e. Money supply increased via interest on everyone's holdings.), environmentally friendly, much lower risk of 51....
Anoncoin - They're implementing zerocoin. I'd put in about 2-5 percent, just to see how they fare.
I'd probably add litecoin as well, not for any benefits it provides, which it doesn't really, but because of brand recognition.
Namecoin is interesting, and has potential.
Datacoin, also has potential, but is only just starting out, so I wouldn't put more than 20-40 dollars into it.
Protoshares haven't even started out yet, they're just hype for a currency which won't come out for at least half a year, if ever. I've held on to about 5 percent of those I mined at the beginning because the concept could do well, but I wouldn't invest anymore until they actually put something of use out.
Mastercoin, sadly enough, appears to be doomed. They're main selling point was that they were like colored coins, but had a huge fund to expedite development. It appears that the people running it are absolute morons, as they're first real developer isn't even going to start until February, and the creator owns something like a quarter of all coins.( They claim this was fair as he sent in a couple hundred Bitcoins for these mastercoins, into a pool he controlled- where everyone else's risk was that he was a scammer.)
If I had to choose the best four current alts,
Namecoin would be there as something with potential, but unlikely to gain too high a value(as that could actually hurt it's usefulness).
Datacoin would be worth investing into, but far too risky at this point for any significant funds. Haven't seen what will happen when someone uploads cp for instance...
Peercoin, as one of the most innovative coins. Money supply increased in such a way that no holder's holdings actually decrease as a percentage of the whole(i.e. Money supply increased via interest on everyone's holdings.), environmentally friendly, much lower risk of 51....
Anoncoin - They're implementing zerocoin. I'd put in about 2-5 percent, just to see how they fare.
I'd probably add litecoin as well, not for any benefits it provides, which it doesn't really, but because of brand recognition.
Zerocoin will be released as a new coin so I would wait until it comes out to invest in that rather than Anoncoin.