Topic: Best Altcoin to invest in for 2016 and WHY - page 13. (Read 110232 times)

digitalnote
very good price now(i bough at 28 satoshi avarage), it is very likely to get pumped 3x to 10x (at least to the market cap of shadowcash). Here is the reasons
-They will implement Proof of Activity.
-full anonymity, both for sending messages and money.
-good wallet.
-the currency has already improved a lot.
-very low inflation.

It is already used a lot in the real world http://www.ibtimes.co.uk/dissidents-turn-bitcoin-like-cryptocurrency-communicate-free-state-surveillance-1511185

I'm still in Primecoin XPM, CryptoBullion CBX, and Horizon HZ for longterm. Those have solid reputation and a good base for growth.

The name is NEM while the ticker symbol is XEM it's not another coin.

Thanks for that, I wasn't entirely sure. I'll first do a little bit of research into the coin and then decide whether I want to get involved with it or not!

yes - nem / xem
https://poloniex.com/exchange#btc_xem

I didn't look into NEM yet - there are a lot of people talking about it - so probably one to start taking a look at. Is the code for NEM 'XEM', on Poloniex or is that another coin?

No doubt NEM is one of the best altcoin to invest this year.

NEM has achieved crosschain transactions, that says alot.
 

gotta go with Lykke, its new its popular its on the way up for at least the short term and it could be the biggest hike of 2016

I was pretty critical, but I have to admit, I'm more and more convinced the more I learn about it:


Lykke - decentralized marketplace for all kinds of assets built on the Bitcoin blockchain.



What is so interesting about it?

1. They've already delivered, which is very unusual in the Crypto-Space in my opinion. ;-)

It's a very well working system. Usually I don't like Smartphone-Apps but I would recommend everyone to try out this one:


https://lykke.com/lykkewallet/#1


It's very well thought-out and user-friendly. Best is: Fee is 0% and it seems it will stay there.

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2. The team: https://lykke.com/leadership.php

The CEO of Lykke is Richard Olsen, co-founder of Oanda which can be seen more as just an indication for expertise. The more I read about Lykke the more I believe it could become even bigger than Oanda because the plan is obviously to combine the best out of both worlds and they seem to know how to do it.  

And what I really like is his vision in general. I found a very interesting speech of him:


The power of the small world phenomenon | Richard Olsen | TEDxZurich
https://www.youtube.com/watch?v=bKzjwV_N68I


But also the rest of the team is very interesting. Just for example:

Lykke cofounder Sergey Ivliev is Named Best Risk Manager in Russia and CIS

And, everybody knows this man: Bitcoin Legend Nick Szabo Joins Lykke Advisory Board
 


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3. The Roadmap:
  

• Margin trading (Q4 2016)
• Regulated retail FX (Q4 2016)
• Offchain settlement scalable to 100’000+ transactions per second (Q4 2016)
• Ethereum support: multisig wallets, interblockchain atomic swaps (Q1 2017)
• Payment system provider (Q2 2017)
• Regulated institutional FX (Q3 2017)
• Fixed income products, commodities (Q3 2017)
• 1 billion USD average daily volume (Q4 2017)

https://bitcointalksearch.org/topic/m.16274789


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And a little hint: Because they currently do an ICO with the option to get the money back, it's possible to trade Bitcoin against LKK while LKK is at a fixed price - at least for the next 20 days. With the current Bitcoin-market-situation it may not make much sense and I personally burned my fingers with that a little bit, because I expected Bitcoin to rise and it dropped, but it's a great way to try out their App. Thing is: Nobody needs to buy into the ICO to use it as wallet and even better: As a decentralized exchange. It's rare to find something that is useful for those who just want that and for potential Investors - everybody has to make his own decision.

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ICO and market-situation:



For those who think about buying into the ICO: LKK is not really just a coin, it's a share (100 LKK = 1 share) of the company. The valuation is already pretty high, about $66 M, because they had funding rounds prior to the ICO. It seems as if they go step by step into the public.

I'm not so sure that LKK will hold it's value after the market takes over. But at the same time it might be possible that it even could shoot up, because they already have delivered what other projects like Waves and Heat just have promised until now.


But: The market situation in short-term might be pretty much unpredictable, but especially if it should go down in value after the market takes over it's a buy in my opinion. I'm not sure yet if I will buy into the ICO or hope that I'll get it cheaper right after, but because LKK will be traded on their own exchange the market situation will be different. It's unlikely that those who funded the project in it's very early days will just dump it. 

And what is also interesting about it: For me it seems as if they still don't hype it while they surely would be able to do that. Nothing indicates a lack of funding to do big marketing or a lack of ability to do so. My first impression was that it's late to buy in but that could be wrong, depending on their marketing-strategy for the next weeks and months and possible media-echo and they already got some, but interesting is:

It wasn't much focused on Crypto which might be a reason why Lykke doesn't get much attention yet from us crypto-folks:

Richard Olsen of OANDA fame on his new startup Lykke – LeapRate Interview
https://www.leaprate.com/2015/09/richard-olsen-of-oanda-fame-on-his-new-startup-lykke-leaprate-interview/

OANDA’s Richard Olsen Launches Lykke Wallet for iOS Devices
http://www.financemagnates.com/cryptocurrency/exchange/oandas-richard-olsen-launches-lykke-wallet-for-ios-devices/

Swiss Startup Lykke Seeks To Disrupt The Retail Trading Market With Blockchain Tech
http://fintechnews.ch/blockchain_bitcoin/swiss-startup-lykke-seeks-disrupt-retail-trading-market-blockchain-tech/2060/



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My personal conclusion: LKK is something to keep an eye on, and Lykke as decentralized exchange is definitely something that is useful which becomes clear   trying out their App.

Im choosing two , Ethereum and Iconomi because this two has-a-potential-too increase the price when the market pump up and the -iconomi hits 10 million usd so-far and thats really cool it didn't take 1 month right? iconomi is just new and it really hits more investors too.

People should watch Stratis....you don't have to invest in it, but investigate it....you'll eventually invest in it haha

Obviously ethereum, 1 day of devcon and the price skyrocketed by 2$ and it's just the beginning. Check the latest news / reddit / projects building on them and you'll know. Or chose one of the altcoin clones of bitcoin. Your choice. Which other project out there works on real life useful projects like ethereum ? There are few but not working very well, like steemit.

Wow, XMR jumped 15% overnight - I didn't notice that earlier. That's a nice little bonus - I thought it would stay in the 0.015 range for at least another week or two =)

monero is coin this year for me. From the first this coin join until now the price so stable and show the good progress. but for short term this coin doesnt recomended. this coin is best for long term. 

I would provably feel that XMR will regain its stance and gain more price for years passes and it will like de ja vu happening like bitcoins price back since then, and provably as XMR used as second option currency in dark web it can gain more user and price more spikes since the coin are gaining more trust by some dark users and healthy circulating in that society, so overall standings for XMR is very Promising to get high.

I think the consolidation of the current XMR price will end soon with a new bull period. The fact that XMR is used as the main currency for the dark markets and that Poloniex are using it as their second currency are both very positive for this coin. Time will tell how it lasts in 2017 but due to the level of commitment from Polo and the dark net I think it will last and possibly even increase in value.

Decent is out famed by ICONOMI and ANTSHARE so maybe thats the reason why we can't really feel the decent ICO success but i think if the Ico of ICN will be finish well the other investor well go jump of to decent since that coin has promising project to, But for now i am focusing on ICONOMI since the amount they gathered are getting more bigger and bigger for this succeeding days.