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Topic: Best Altcoin to invest in for 2016 and WHY - page 47. (Read 110236 times)

legendary
Activity: 1512
Merit: 1000
BitcoinXT. It has great growth potential and can reach parity with BTC, in addition by using it you will have a slight chance for doubling your BTC holdings instantly by double spending it on the XT network Smiley.
sr. member
Activity: 323
Merit: 250
Don´t know what to buy in 2016.

But now. I would like to buy Transfer (TX) .
No ipo, no premine, only pow/pos.
Working MN, TOR (wallet).....
Not on big exchange yet!
https://bitcointalksearch.org/topic/anntxtransfer-bittrex-multipool-android-powpostor-mn-stealth-1150229
sr. member
Activity: 420
Merit: 262
I believe Orbitcoin (ORB) the future space reserve currency

Of course you do...

It works a little like a Pyramid scheme, yet one that can never fail or be a scam because you alone control your funds, and it works on a totally decentralised open source peer to peer system.

This is simple maths but effective, so after you get your coins tell ten friends to do the same and you can all retire early together.


...preying on retirees who have a fixed (and declining) income is so very ethical.
sr. member
Activity: 420
Merit: 262
Guldencoin

Afaics, this coin's only claimed new feature is "Delta" a claimed faster difficulty adjustment:

https://docs.guldencoin.com/coin/specifications/

Oh Whoopie Doo! I almost wet my pants.

Copycoin.
sr. member
Activity: 420
Merit: 262
sr. member
Activity: 420
Merit: 262
Digibyte

Has $250,000 investment and is spending it on Chinese programmers in Hong Kong:

https://www.youtube.com/watch?v=JRull_S1RW0 (see them in the office)

http://www.digibyte.co/content/digibyte-faqs

Quote
1st coin to fork to multi-algorithm mining (Most fair distribution).
With 5 unique algos & independent difficulties a 51% attack is significantly mitigated and becomes much harder to carry out.
1st coin to develop & implement DigiShield (asymmetrical difficulty adjustment).
30 second blocks are better for merchants transactions.
Professional & dedicated development team since launch on Jan. 10th 2014.
Strategic long term road-map & vision alongside pending global corporate partnerships.
1:1000 ratio with Bitcoin, better for micro transactions.

No white paper can be found.

It claims 1 - 3 second network propagation which is no big deal. 0-conf security is not improved which is the only reason you use 1 - 3 second propagation.

30 second blocks have a much increased orphan rate and this will likely cause problems. Orphaned chains can cause a 0-conf retail transaction to be revoked thus merchant loses the money.

5 hash algos for mining doesn't make a coin more resistant against 51% attack. That has been refuted extensively. X11 has 11 mining hashes. Why did they regress then?  Roll Eyes

The rest of what they claim is also just marketing bullshit.

In short, another Copycoin with marketing fluff on top. Do you n00bs need a cherry and candles on top to convince you to lose your money?
member
Activity: 70
Merit: 10
I believe Orbitcoin (ORB) the future space reserve currency
will be the best investment for 2016, just like it has for 2015
 Grin

3 months ago 100 ORB = $1 now its $4.88 per 100 and has touched $6 two weeks ago.


I lay out why I believe Orbitcoin is the best currency to save for your early retirement within this thread
https://bitcointalksearch.org/topic/self-employed-open-source-retirement-fund-retire-in-only-10-years-1150046
Please check it out

Or give Orbitcoin a google research before you start badmouthing a currency with the most advanced PoS code in the world.

member
Activity: 84
Merit: 10
Nxt - price is crazy cheap, and development remains to be crazy active  Smiley

and more shitcoin come from Nxt asset  Grin



Everybody is selling their nxt and all the other things linked to it.
Everybody now wants Bitcoin, Digibyte, Guldencoin and Startcoin.
sr. member
Activity: 420
Merit: 262
My thoughts about general features to look for...

...anyone have other ideas on very important features?

Excellent poll choices. I wish there was a choice for "side step KYC", but I guess "decentralization" and "ease of access" covered that.

I voted:

Anonymity
Decentralization
Ease of Access

Edit: one of important factors in distribution is giving a wide range of people the reason to obtain your coin. So to those who say a use case doesn't matter, I think they are delirious.

Nothing else besides anonymity is ever gonna be enough to ever match (or unseat) bitcoin.

Disagree. I think instant transactions and scaling to microtransaction volume (million transactions per second) will unseat Bitcoin.

Anonymity will become more important, but most people in the world don't care about anonymity. They care about social media and stuff like that. Monetizing that with microtransactions is the huge market.

Anonymity could end up being very important as the bankrupt States of the world start to tax everything that moves. Chicago is going to tax video streaming on the internet.

But these anonymity markets may be much slower to develop than microtransaction markets. I'd pursue both if I did a coin.

What marketing plans do you suggest for Monero? I also believe that Monero has the best tech but could benefit from more effective promotion

I would suggest making it super easy for people to mix BTC. Then try to hook them into using XMR from there.

I would suggest creating new uses for anonymous coins and especially combined with microtransactions.
legendary
Activity: 1120
Merit: 1000
Nxt - price is crazy cheap, and development remains to be crazy active  Smiley

and more shitcoin come from Nxt asset  Grin
member
Activity: 84
Merit: 10
Nxt - price is crazy cheap, and development remains to be crazy active  Smiley

jl777 is still very active coding. I have not been able to remain fully informed about what he is accomplishing in detail. Thus I can't offer any opinion at this time.

I will tell you that in private discussions with him, he readily grasps insights in terms of designs. And he doesn't waste time posting in forums like I do. The difficulty I have in interfacing with him is I find it very difficult to comprehend his descriptions of his algorithms. He appears to be a talented person who is handicapped in terms of writing technical documentation, which he readily admits and others have noticed too. One thing is he is admirably old school and believes in "shut up and code".

Can you imagine your mom or dad using Bitcoin it would be easy to explain right?
Now let them use Nxt and explain how it works to them. Nxt is not user friendly.

Furthermore who are the developers in Nxt? The lead dev(s) are anomymous and that is a big red flag.

Where am I able to use Nxt online or offline to buy goods/food. (Very very limited)




Now compare that to Digibyte, Guldencoin and Startcoin...


Guldencoin has upgraded their Nocks.nl for using Bitcoin and Guldencoin worldwide
Digibyte has the shop houseofbluejeans install tofugear products for using Digibyte
Startcoin recently launched Start-Chat

And the updates and development goes on and on.
sr. member
Activity: 420
Merit: 262
Nxt - price is crazy cheap, and development remains to be crazy active  Smiley

jl777 is still very active coding. I have not been able to remain fully informed about what he is accomplishing in detail. Thus I can't offer any opinion at this time.

I will tell you that in private discussions with him, he readily grasps insights in terms of designs. And he doesn't waste time posting in forums like I do. The difficulty I have in interfacing with him is I find it very difficult to comprehend his descriptions of his algorithms. He appears to be a talented person who is handicapped in terms of writing technical documentation, which he readily admits and others have noticed too. One thing is he is admirably old school and believes in "shut up and code".
full member
Activity: 317
Merit: 103
Nxt - price is crazy cheap, and development remains to be crazy active  Smiley
member
Activity: 84
Merit: 10

Guldencoin: In my opinion the most undervalued altcoin out there. This will be the currency of the Netherlands in the future. Everywhere you can pay with Bitcoin you are able to pay with Guldencoin and vice versa. A very strong community and the development is just beyong belief.


Startcoin: Can be used for crowdfunding, when you have your Startcoin on the StartJoin platform you get Startcoins rewarded every week depending on how many Startcoins you have there and the projects you pledge pledge.
Furthermore you can do real investments on BNKtothefuture platform.
My predicition is this is going to be bigger than Litecoin in regards to value per coin


Digibyte: This coin will be the worlds digital currency eventually. As Bitcoin will eventually be the  ''digital Gold'' for storevalue, Digibyte is going to be the currency of the world. Currently some big projects going on where they are taking on a whole shopping area to accept Digibyte.



Why these 3 coins?

1. I know who the devs/creators are (not anonymous)
2. Development keeps going on with these coins
3. These coins have value, you can actually buy stuff or invest in projects with these coins
4. Community of these coins are buzzing and growing and aiming for big adoption. Just check youtube





1 Bitcoin
1000 Startcoin
100.000 Guldencoin
1.000.000 Digiyte

in a coldwallet, wait 5 years and you will buy a house with them.

 
sr. member
Activity: 266
Merit: 250
After Bitcoin is hyped,kinds of Altcoins appears, including the well known Litecoin, Mastercoin,Primecoin,Ripple,Novacoin and other tens of altcoins. These altcoins almost own a set of complex rules,mixed with special computer games. If one is not graduated from computer major,or have a deep research on their originator Bitcoin, it is hard for them to understand so called altcoins in short time. These coins belong to the second generation of altcoins headed by bitcoins and have no central issuer and solution to solve the currency inflation and other problem. But no one promotes it since there is no central issuer and main beneficiary, so it grows up by its own charm. In this way, its price rises and drops suddenly and sharply.
hero member
Activity: 714
Merit: 500
LTC, ETH, VNL
legendary
Activity: 1120
Merit: 1000
im buy LITECOIN at price 10$  and i lose 1.5 BTC  Cry

now im hate all shitcoin and try to focus bitcoin
sr. member
Activity: 448
Merit: 250
.
hero member
Activity: 1568
Merit: 507
Peercoin - Invented proof of stake, active dev, peershares , need i say more?
legendary
Activity: 1120
Merit: 1000
$WBB coin

see their thread, huge exchange coming out and everything.
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