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Topic: Best Altcoin to invest in for 2016 and WHY - page 49. (Read 110236 times)

sr. member
Activity: 420
Merit: 262
Look for coins with an active community, a responsive developer and continued improvements on the coin, wallet, nodes or anything else that's new. Making money is good, but not always the best deciding element. Innovation is mostly key. Take your time to research the history of the coin.

Look for coins with upward trending graphs, some decent market cap and above all: continued trading. Add a small spread, strong buying power and you should be good.

Solid advice, except the upward trending graph and low spreads doesn't always tell you the ideal time to buy. If you are only in it for short-term speculation, then use technical analysis at your peril. I'd prefer to recommend that investors look for an altcoin that is totally unique and has the capability to beat Bitcoin. Then buy for a no-brainer long-term investment, because you know the fundamental value. I feel very strongly such an altcoin will appear over the next months and it will stand head & shoulders above everything else.

I've bolded what I think are the high priority suggestions in your post.

I will also add that the coin should be able to prove mathematically that it was fairly launched.

I will also suggest that expropriation will begin in Europe accelerating after September and into full contagion in 2016, worsening further in 2017. So anonymity is going to be much more important feature than it is considered now.

I also suggest the decentralized scaling of the block chain and provable resistance against 51% attack and censorship will be a very important feature that afaik no existing crypto-coin has.

Disclaimer: I am formerly prolific user AnonyMint and thus I have a vested interest in strong, three letter agency middle finger anonymity and permission-less (censorship-proof) commerce. My real name is on this page of AnonyMint's archives.
sr. member
Activity: 289
Merit: 250
"The fish rots from the head first"
Best altcoin in 2016?  Whichever one the Chinese are going to pump
member
Activity: 174
Merit: 10
Mundus Ex Plurimum
Interesting question indeed. As to the comments here, best to do your own research and follow some guidelines.

Look for coins with an active community, a responsive developer and continued improvements on the coin, wallet, nodes or anything else that's new. Making money is good, but not always the best deciding element. Innovation is mostly key. Take your time to research the history of the coin.

Look for coins with upward trending graphs, some decent market cap and above all: continued trading. Add a small spread, strong buying power and you should be good.

If you want an explanation of those terms, PM me and I'll be happy to elaborate:)
legendary
Activity: 1090
Merit: 1000
Conciddering the amount of views of the 2015 version: Read 43317 times, we can see that it has some interest.

I do not recommend to invest in any of these mentioned coins without proper research, how it was launched, how it developed, community involvement, stamina, price history and volume, etc.

Mentioning some coins that someone likes does not hurt anyone, if you don't like to follow it then don't, simple as that.

That is a fair post and I agree. I do not follow these threads. I only wanted to interject a warning to the less informed.

Any of us that have hung around here for a while are aware of what goes on in altcoin world. Do we really need to open another door to shills? They can keep the shilling in their respective ANN threads afaic.
sr. member
Activity: 456
Merit: 250
Coins who advertise here have usually no other way to advertise and spread the word, newbies be aware indeed.
legendary
Activity: 1960
Merit: 1010
Conciddering the amount of views of the 2015 version: Read 43317 times, we can see that it has some interest.

I do not recommend to invest in any of these mentioned coins without proper research, how it was launched, how it developed, community involvement, stamina, price history and volume, etc.

Mentioning some coins that someone likes does not hurt anyone, if you don't like to follow it then don't, simple as that.
sr. member
Activity: 350
Merit: 250
These threads are useless. Newbies beware.

Bagholders promoting whatever they got suckered into buying and scammy coins advertising.

Winning comment
legendary
Activity: 1090
Merit: 1000
These threads are useless. Newbies beware.

Bagholders promoting whatever they got suckered into buying and scammy coins advertising.
legendary
Activity: 924
Merit: 1000
Do we really need this thread because 2016 is still far to come and there will come many changes into our choice before the end of this year.

Sure we do! At a minimum, there's be a necro-thread reviver next year who'll go through (some of) it and see how the picks turned out.
hero member
Activity: 658
Merit: 500
Do we really need this thread because 2016 is still far to come and there will come many changes into our choice before the end of this year.
hero member
Activity: 966
Merit: 500
📱 CARTESI 📱 INFRASTRUCTURE FOR SCA
legendary
Activity: 1512
Merit: 1000
HZ lost a lot of reputation a past months away. They have to build it up again and come out with much more "innovation"

How so?

I've seen people complaining about missing payments from horizonplatform, the faucet constantly dying, others had some issues with the node payments, and I guess that was enough to get the reputation of a suspected scam. You know, old stuff but very true: the secrets behind every long lasting friendships are prompt payments and accurate accounting Smiley.
legendary
Activity: 924
Merit: 1000
HZ lost a lot of reputation a past months away. They have to build it up again and come out with much more "innovation"

How so?
legendary
Activity: 1512
Merit: 1000
Everyone their opinion, I think Horizon has more growth potential than NXT at the moment, not saying it's better or worse as a coin.

Indeed if the the site admins on horizonplatform could manage to pull themselves together then HZ definitely would have some growth potential, mostly because of they only have to take parts of the NXT code, so no need to spend money and time on developing those elements. Anyway with time it could be an "NXTLite" if they can actively recruit new users.
legendary
Activity: 1960
Merit: 1010


To OP:
All of them are relative old and established coins, but for me CBX seems to be a flawed idea and I never seen asset backed coins working really well...


CBX is not backed by any assets. The 'Prove of Value' network is just an idea that is shaping since last month as a sideproject.

Everyone their opinion, I think Horizon has more growth potential than NXT at the moment, not saying it's better or worse as a coin.
hero member
Activity: 728
Merit: 500
HZ lost a lot of reputation a past months away. They have to build it up again and come out with much more "innovation"
hero member
Activity: 938
Merit: 1000
take a look at $GEO. dev is very active, have solid community there, and development is still going on.
price was recently stable at 8k. here is the thread https://bitcointalk.org/index.php?topic=923995.2040
sr. member
Activity: 420
Merit: 262
August 07, 2015, 06:43:29 AM
#9
The best one for 2016 hasn't been released yet. Be patient. The low for cryptocurrency is coming in Spring. You do not want to be rushing in now.

The reason why is given here:

Next year we will bottom and see the interest in private assets grow again, but it will be driven more by anti-government sentiment (due to expropriation in the EU) and thus anonymous coins will receive much more interest than Bitcoin.
I don't know if XMR fulfills your anonymity needs, but this time around, seems to be the best there is for most people. Besides, it seems to enjoy the warmth of the pockets of some of the strongest players within the BTC infrastructure.

Hey that is all good. I have no complaint. I don't think it entirely fills my needs, but it is better than nothing.

Well I sort of replied to macgsa again. Sorry this is getting off topic of this thread.

Wexlike in theory you can mix your coins after purchase through the exchange, then obscure which coins are yours. Hopefully you'll be selling in the future to a buyer who is handing you physical gold, cash, or physical/virtual goods & services. For example xmr.to shapeshift.io allow you to pay in XMR to a BTC merchant.

However you do raise one issue which is that authorities can force you to reveal your private keys if they know you ever purchased coins. So then the mixes become useless. Also by unmasking others, the anonymity sets for all reduce and everyone's anonymity suffers.

So yes there needs to be a way for people to obtain anonymous currency anonymously via mining and selling their services anonymously. You could in theory rent compute time on Amazon AWS to mine coins anonymous, but then again can you trust that your code uploaded to AWS isn't tracked?

You see without an anonymous internet, the entire thing is hopeless. So the current crop of anonymous coins are incomplete.
sr. member
Activity: 350
Merit: 250
August 07, 2015, 06:36:07 AM
#8
These Threads are the most hopeless way to advertise your shitcoin. A good coin that has a legit team and marketing doesn't need such Threads.. but i guess some coins are so shit that outside the crypto nobody would even care so this is their only way hah.
legendary
Activity: 1512
Merit: 1000
August 07, 2015, 06:13:56 AM
#7
must be bagholder of these shit coins, never heard of them beside primecoin.

Ignorance is bliss indeed Smiley.

To OP:
All of them are relative old and established coins, but for me CBX seems to be a flawed idea and I never seen asset backed coins working really well, and XPM was a nice idea but it never gained too much traction, in addition Curecoin and Gridcoin are a better options for "computing for good" enthusiasts.
IMO from your stock HZ is the only one what have the potential for gaining some momentum.

If you like experimenting then you can try Qora and maybe Monero (hopefully they will be able to turn up with a useful client by 2016).
As main investment option you might want to think about a mix of "2.0" coins (NXT, Ethereum, Bitshares, etc.).
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