Author

Topic: Alts investing why should i (Read 107 times)

legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
August 29, 2018, 01:44:34 AM
#4
All alts are made to be asic resistant at the begining , after most of the top alts algorithms failed in front of asics and bitmain , why should i or anyone invest in them , i prefer to switch to a new algo coins maybe someone will make it really hard on bitmain to rip off our investments , all alts are a fail now without a real algorithm that can be truely decentralized "one cpu one vote", what do you think?

Not all altcoins promote being "ASIC resitant" as their primary come-on.

Most other altcoins, you buy because of other new technologies and innovations that they promise. If you look beyond "mineable" coins, you can actually take a look at coins that have real utility and purpose in the real world as these coins can greatly increase in value and give you good profits.
OP should try to take a look at what already happened to the bitcoin gold and monero, they have implemented asic resistant. Crypto is a revolutionary thing. Just because of ASIC and then that will prevent someone to invest in the crypto and remember ASIC will be worthless to mine the coin with low volume and it will be so difficult to liquidate.
full member
Activity: 1078
Merit: 102
August 29, 2018, 01:29:43 AM
#3
Good day. As a crypto enthusiast, we don't only trade but also invest on different projects or ICOs. We also do mining. Investing is a good source of income as long as you choose the right alts to buy and the project you'll invest in. Diversification of assets.
full member
Activity: 406
Merit: 110
August 28, 2018, 10:22:16 PM
#2
All alts are made to be asic resistant at the begining , after most of the top alts algorithms failed in front of asics and bitmain , why should i or anyone invest in them , i prefer to switch to a new algo coins maybe someone will make it really hard on bitmain to rip off our investments , all alts are a fail now without a real algorithm that can be truely decentralized "one cpu one vote", what do you think?

Not all altcoins promote being "ASIC resitant" as their primary come-on.

Most other altcoins, you buy because of other new technologies and innovations that they promise. If you look beyond "mineable" coins, you can actually take a look at coins that have real utility and purpose in the real world as these coins can greatly increase in value and give you good profits.
sr. member
Activity: 661
Merit: 258
August 28, 2018, 09:26:33 PM
#1
All alts are made to be asic resistant at the begining , after most of the top alts algorithms failed in front of asics and bitmain , why should i or anyone invest in them , i prefer to switch to a new algo coins maybe someone will make it really hard on bitmain to rip off our investments , all alts are a fail now without a real algorithm that can be truely decentralized "one cpu one vote", what do you think?
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