What is in your opinion the best altcoin to invest in for 2016 and why. Pls add why folks.
I'm still in Primecoin XPM, CryptoBullion CBX, and Horizon HZ for longterm. Those have solid reputation and a good base for growth.
*** I do not recommend to invest in any mentioned coins without proper research, how it was launched, how it developed, community involvement, stamina, price history and volume, etc. So do your homework cause you're the only one responsible for your funds.
Faircoin.
1 - Has over 10k users globally (that actually hold it to use as a currency, not bag holders.)
2 - Has global presence (used in 5 continents - but mostly used in Europe (Spain, Greece and some other parts) ).
3 - Has numerous partnerships in the works, includes - banking, ATM partnerships and Silicon Valley partnerships (which will lead to more investment capital).
4 - Has mobile apps and NFC based cards in the works.
5 - Launching proof of cooperation (hardware based validation - Switching over from proof of stake). So no more inflation, it will be the total number of coins at the time of the switch ~52.6 million.
I'm sure there's more, but that's what I can think of at the moment. Due to zero marketing, it is hard to piece together information on Faircoin and some of it is in the works, so it isn't public. A good way to learn more about this coin would be to join the Telegram groups.