Topic: [ANALYSIS] Altcoin Investing - page 8. (Read 41067 times)

Sorry I mean increase the transaction fees to improve the security.

Hi freetrade, I am an investor of Infinitecoin and keen to hear if you have any potential solution to improve
the network security. Someone say could increase the transaction to keep the network safe, is this feasible.

Do you also think it would increase the chance of 51% if IFC rise to the same market cap as doge? I personally believe IFC will have a big pump in the near feature as lots of Chinese invest a lot in it. If someone undertake a 51% and success, he only destroy the coin but gain nothing, what the point to do that? Am I right?

Keen to hear your thoughts, thanks.

P S I bought some MMC today and buy more in the future.

Cheers
Kation

Here's a short story about my first Altcoin Investment

 Back when IFC was new it traded @ 10-20 LTC satoshi for more than a month. It then began trading up to about 100 satoshi and returned back to 10-20. This happened a few times before price stabilized above 100. I purchased 1 BTC worth @ 14 satoshi which was about 100,000,000 IFC at the time. 90% of those coins ended up sold @ or around 100-200 satoshi when btc was still $100/ea. IRL profit was more like 10-20x over 6 months instead of the amazing results shown below. More on the other 10% later.

This is what that $100 investment would be worth now. 100,000,000 IFC = 455 LTC , 12.28 BTC , or about $10,500.

Can these results be duplicated? Will it be possible to make $10,000 on a $100 investment in some unknown new coin that everyone thought was shit 6 months before? Maybe not!

Here's why

1. BTC/USD is worth nearly 10x what it was back in june/july when I purchased 1 bitcoin to exchange for IFC

2. Litecoin has appreciated 8x in terms of dollar equivalent.

3. IFC/LTC appreciated 32x.

All of these factors play a part in massively huge ROI. If bitcoin, litecoin, and other crypto currency pairs do not increase another 10 fold it may not be possible to make 10,000% gains or 100x ROI. However, 32x is still vary possible. Even for shitty clone coins which is exactly what IFC was considered to be back in the day! Read through the original thread all the hate is there.


If BTC and LTC were still trading @ the same prices as in June/July the return would only be 32x or $3,200. Which is still an amazing achievement for 6 months.

The other 10% -

Once again I'd like to mention due to being a newbie I sold 90% of those coins vary early for a quick double/triple up. The remaining 10% I completely forgot about until I got back into the bitcoin scene around November/December. At this time 10,000,000 IFC was worth about $1,200. Did I sell? You'll never know ~evil grin~

Morel of the story? Short term gains are great! Double, triple, or even quadrupling an investment in a relatively short amount of time is satisfying. However, the bread and butter is medium to long term investment. Doesn't matter if your a miner or trader always keep a specific percentage set aside just in case something amazing happens.

Wow what a shocker.... MMC the best investment according to wait...... the MMC dev. LOL

I could not have seen that coming at all.  Forget all other crypto MMC is the one you want mofos. Sell you BTC now whilst you still can.

It's simple supply and demand people look to the strongest communities that have no huge inflationary minting. That is it.

Then again NOBODY in this world can tell you what will go up and what will go down. That is a FACT.


Is MMC a good coin? hmmm well it has innovation yes. Is it likely to exceed LTC or DOGE as an investment long term?  Who knows but i would say NO.

You can dress up your future analytics with any fancy shit you want...............nobody knows which coins will make the best investment.

How about some very low minting coins  DMD , CGB , PHS  all very good coins and undervalued right now.

As I understand it (someone please correct me if I'm wrong) when merchants opt for immediate confirmation with Bitpay, it is the merchant, not Bitpay who accepts the risk. This is viable small amounts and for orders that are revokable (i.e. if you double spend they just cancel your order and don't ship), but not for everything.

Also, even "offloading" the risk means the risk will get priced into processing fees, raising costs.
 
The real reason that fast confirm times are useless is that it means you just need more confirms to guard effectively against orphans and double spends. So in that sense yes, it is a waste of resources in order to impress people who don't really understand the issues.

could you add a link in the post to include the spanish and chinese translation

https://bitsharestalk.org/index.php?topic=2492.0

https://bitsharestalk.org/index.php?topic=2493.0

With respect to Infinitecoin, the issue of a 51% attack is more apt to happen to bitcoin than anything else. Bitcoin is lucky that CEX.IO is not rogue because they could take over the blockchain easily.

Infinitecoin has already been threatened with 51% attack out of China and they failed. There are more friendlys in China than enemies. The Chinese, for the most part, love this coin and are working with the IFC community to ensure its long term success. That being said, the new client 2.0 will make the 51% attack impossible.

There will be no heist.

Litecoin 1/10? Really?

Why do you throw scyrpt under the bus?

~c

DOGE added now.

Funnily enough you have a thread giving investment advice yet you break the number one rule of trading 

You need glasses, son. Which exchanges did you check? Infinitecoin is in Top 3-5 trading coins on all major exchanges.

would be interested to hear your views on how ADT can be improved

what about 42? i am not sure but it should have less inflation as there are only 42 coins

I think with Doge, you are primarily betting on people rather than on technology.  If you think the herd will follow it, it may succeed.

Thanks for the OP.  Please expand to other coins.

DOGE is interesting due to the marketing aspect but I see that they are building agreat infrastructure (ie bounty for tipping app on facebook) and it could be a great "fun" currency in the future.

Very useful, thanks. Curious current views of the hottest DOGE

It would be interesting to hear more about a comparison between GPU and CPU coins.
Who's the most resilient CPU coin out there? Are GPU miners good for CPU coins? etc.

Thanks

Thanks - I know there is a lot of interest in altcoin investing and especially CPU coins in China.

looking at infinitecoin, never had a chance to play with it.

regarding the confirmation time issue, I don't think it's a big deal but still a plus. It's not all about the merchants, users pleased to see their transactions confirmed fast.

Thanks for adding InfiniteCoin.
It looks like it's a dying coin: http://exploretheblocks.com:2750/chain/Infinitecoin
I checked the exchanges and there are very few buy requests compared to other coins...
I'd stay away, as you said.