Satoshi said:
JayJuanGee said:
andrewsr.sheila said:
Move over, Bitcoin. The world of virtual currencies is getting crowded with altcoins.
These days, there are about 20 types of cryptocurrency that sell for more than $1, according to CoinMarketCap.com. Even more are in penny-stock range.
Here are 12 cryptocurrency alternatives to Bitcoin. Prices and market capitalization of altcoins are based on data from CoinMarketCap.com on Feb. 28, 2014, and not all are in the top 10 by either measure.
Read more:
http://www.bankrate.com/finance/inv...-alternatives-to-bitcoin-1.aspx#ixzz4Q3ubEocq
Follow us: @Bankrate on Twitter | Bankrate on Facebook
I don't know if it matters too much regarding supposed crowded nature of alternative cryptos - especially if they provide some kind of value or innovation then it would not matter if there are a lot of them, and really, providing data that is based on a February 2014 prices is going to be ancient news in the world of crypto currencies. Lot's of stuff has gone on in cryptolandia since February 2014 - both in bitcoin and also in various crypto currencies.
In other words, if you attempt to make assessments of alternative currencies by either a blanket search on the internet or older news, you are going to be considerably mislead.
By the way, a few days ago, Zcash was mid $200s per coin, and a bit more than a week ago, it was running around $1,000 per coin. Remember also that some zcash coins sold for more than $100k per coin.. outrageous pumping and dumping.
Also, a couple weeks ago there were only a couple thousand zcash coins in circulation. Today, coinmarketcap shows that there is about 34,000 zcash coins currently in circulation.
Is andrewsr.sheila your shill account JJG? So you can have someone to talk to. :angel:
Once in a while, I begin to believe that there could be a possibility that you, Satoshi, are recovering from your tendencies to post nonsensical trolling and distracting comments, yet those kind of short-term beliefs are quickly evaporated when I open up and read the mostly non-substantive content of your posts.
For example, this alt coin thread could serve as an opportunity for you to share some of your ideas about various alt coins (including ones that you have claimed to be "in" in the past and ones that you may consider as potentials in the present/future, but yeah, you probably don't really want to share too many altcoin ideas because likely even you realize that such a large majority of the altcoins are really trash or at least considerable risk if you attempt to invest in any kind of long-term way - especially, as compared with bitcoin. And, also you don't really seem to be into providing any genuine suggestions on alt coins because even you realize that there is a lot of bullshit altcoin propaganda out their and you become much more likely to be wrong than right (unless you are an altcoin front runner or founder) when you attempt to predict an altcoin pump/dump.
Being involved in bitcoin and continuing to read quite a bit about bitcoin has kind of forced me to learn more and more about various alt cryptos. Sometimes, they can be quite misleading and even intriguing, yet from time to time, I do attempt to hold myself out in my various positions concerning some alt coins, and I have been attempting to take various snapshot positions, and even to evolve my thinking from time to time regarding some alt coin considerations to attempt to contribute some analysis to the discussion... but yeah, there are so many alt coins that it is very difficult to monitor very many of them.
I think that a few years ago, I thought that there could be some ways to incorporate other cryptos into a longer term investment plan, besides bitcoin, but it really seems to continue to be a risky strategy to make any of those kinds of attempts to incorporate any altcoins, especially longer term.
You, Satoshi, seem to be of a quite differing view from me, and nothing wrong with that, but in essence, you had removed all of your investment in bitcoin with some kind of faith that one or more other crypto coins were going to become bitcoin 2.0.. or at least that bitcoin was pretty much set to fail.
Even though you did not have much substance in your "bitcoin is dead" assertions, you made a quite a few of those kinds of assertions.. and you still seem to fail and refuse to recognize a large amount of the material, relevant, and seemingly ongoing superiority of bitcoin, no? And, you want to battle about it, without really having much proof or logic in your battle, beyond various kinds of alt coin pumping talking points.
You got any substantive claims that you want to make, Satoshi?, and even better would be if you had facts and/or logic to back up any such substantive claims?
