24 May '14, 8pm

rpietila, the btc mogul, who never invested in altcoins, just made his first with #mro and explained it here:

I am going to defend here some alt coins. First, Is Altcoin the correct name for another different coin? Sure there are many that just replicate some parameters, add some variation and are launched to the market for the next pump and dump, i don't even name that altcoins, i call those shitcoins, but there are coins out there that provide interesting approachs to different problems, Memorycoin brings a vote system in the same wallet that to some extent could be used to decide software development team or some coin "foundation" <hint> decisions, maybe the rest is not interesting. Reddcoin is going to release a Proof of Stake based on money velocity to help itself as a competitor to doge as tipping coin on social companies motivating users money velocity (share coins). Will it succeed? Vertcoin, Myriadcoin and X11 coins have brought differences regarding the mining approachs ...

Full article: https://bitcointalk.org/index.php?topic=400235.msg6915300...

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