Topic: Best PoS coin to invest in? - page 6. (Read 6984 times)

Yes as many have mentioned BTSX which was released last week is the way to go! https://coinmarketcap.com/currencies/bitshares-x/

In it's fund raising stage it had a market value of over $30 million so it was already pretty clear, that at $45 million NXT stood no chance if BTSX delivered on it's concept. And deliver BTSX did!

-By using a 101 trusted delegate system, BTSX blows NXT's performance out of the water in terms of tps as well as giving confirmations in only 10 seconds! It also allows trading to user chosen account names instead of those long NXT/BTC keys! Logically it pushed NXT out the way like it didn't even exist and took the no.5 Crypto Market CAP spot!

-But BTSX was only getting started... It's DPOS also puts PPC to shame as a store of value, because BTSX has no inflation and on top of it, fees are being burnt every day, meaning shareholders % stake is increasing! So as it's encore BTSX demolished PPC, taking the no.6 spot.

-Now it was DarkCoin's turn! BTSX's TITAN feature, with it's anonymity and user friendly account names makes Darkcoin look like yesterdays news, so this one was easy. BTSX flew past DRK, taking the lucky no.7 spot!!

-What about Dogecoin, surely that would be impossible? How could BTSX compete with a high inflation clone and a picture of a dog? But compete it did! Boom! Doggystle baby! A few days ago BTSX took the no.8 spot with ease!

-Today was the big one, NameCoin, a lot of people thought BTSX, with it's ground-breaking blockchain made by an incredibly talented co-located development team would struggle against NameCoin, who tactfully develop at the speed of a tranquillised sloth. But again BTSX proved the naysayers wrong and took the no.9 spot!

So while many people said it was just a crazy pipe dream, BTSX has done the impossible and got MaidSafeCoin! Yes MaidSafeCoin, a concept that is still in development, in it's sights. The no.10 spot could be theirs!

But this is just the beginning! Very shortly BTSX will be releasing market pegged BitAssets! By leveraging the accuracy and efficiency of prediction markets with high collateral required short positions & minimum market depth requirements, BitAssets will be able to track the value of real world counterparts!

All I can say is, Quark, Feathercoin & MaxCoin, you better watch your backs! BTSX is coming for you!!

I like NXT, although I've had my discomfort with the closed forging concept. I'm getting into Bitshares, just need an idea or some product/action I could do to get people to vote for me. I might consider using some of the garnered BTSX ( if I ever do get any after IF I become a delegate  ) to buy some NXT again.

Ah, I see. Thanks for the links. I guess I'll have to do something the community thinks is worth it.
Not sure about charities but I think I could muster a few new ideas  

Ya, get some NXT as well. 

Binary decisions are poor.  Diversify.

60% BTSX, 30% NXT and 10% Peercoin and you're probably guaranteed to either be filthy rich or break even.

BTSX has largest chance of success by far.  NXT is doing a lot of things.  It seems NXT's limited distribution may not hurt them that much and it helps them finance projects.  Peercoin has a chance of sticking around with their self-funding too, so I wouldn't count them out completely.  BTSX has the most going.  NXT seems to have started to follow their lead with NXT's recent announcement of direction.  (The corporation metaphor)

More info here, http://wiki.bitshares.org/index.php/DPOS_or_Delegated_Proof_of_Stake


The technical how-to is explained here http://wiki.bitshares.org/index.php/DPOS#How_to_become_a_delegate

However, as delegates are voted in by shareholders in the chain (those who hold btsx), it is essential to promote yourself on the bitsharestalk.org forum, especially in the delegate section here. You are more likely to get votes if you don't take full pay (delegates select how much % of pay they will take), OR if you provide some useful service to the shareholders who vote for you, like promotion, development, review-of-delegates, or even charity or other things people take kindly to

It looked promising at first, but I took the time to run through the details and it looks like condensed bull.
Thanks for pointing it out.

I got a bunch a few days ago, but I'm having difficulty trying to become a delegate. Any tips on how to?
I still have NXT in the back of my mind and I've started to reconsider my views on it.

If the risk of holding bitcoin is high, then the risk of holding alt coin is twice as much as all alt are denominated in btc.

I think the community has general agreed that most alt coins (pos, pow or pos/pow) are pump and dump.

I agree. Bitshares is a good investment. It's got the technology to provide massive amounts of utility. It can do polymorphic market pegged assets and has some exclusive features which no other crypto-equity platform has.

Also it's actually deflationary. The longer you hold the more what you hold is worth because transaction fees get burned. It's pretty cheap right now because not a lot of people know it exists and the market pegged asset feature isn't in place yet so if you want cheap shares now might be a good time to get them.

BitShares BTSX and here's why:

Let's talk Bitcoin! episode 129.  Starts around 12 minute mark with the lead dev Dan.  Great listen.
http://letstalkbitcoin.com/blog/post/lets-talk-bitcoin-129-dogeparty-and-delegated-proof-of-stake

Titan
http://wiki.bitshares.org/index.php/TITAN

DPOS algorithm
http://wiki.bitshares.org/index.php/DPOS

Last but not least the market based trading, think bitUSD, bitGold, bitSilver etc...
http://wiki.bitshares.org/index.php/Bitshares_X

PoS = proof of stake, rather than mining by finding hard hashes, transaction fees are distributed to nodes running the code proportional to stake (i.e., number of coins).

I'd suggest looking into bitshares, a PoS coin that doesn't simply assign transaction fees proportional to stake, but assign them to "delegates" elected by the stake holders. These delegates only keep a fraction for themselves and destroy the rest, which creates value for all other shareholders. Since it is a market, the fraction delegates keep to themselves will approach the cost of maintaining servers + whatever value add they do for the community (run faucets, developer time, hosting community services). Thus, it is an efficient (in energy) and robust system (from attacks) since assigning block production to delegates protects against many forms of attacks, you can read more in the DPOS white papers.

Bitshares is also a flexible platform for providing services beyond just "coins." It's more of a technology base than a product in itself. The first product is a distributed exchange where users can generate their own securities to trade, the next version will be an exchange to trade contracts pegged to assets (USD, gold, BTC), a long with plans for DNS, lotteries, music/literature publication, etc.

definitely BTSX, TITAN+DPOS

TITAN – The acronym TITAN stands for 'Transfer Invisibly To Any Name'
DPOS--Delegates+POS

what is pos

The bulk would be in NXT as the most mature PoS crypto.

A little bit to test waters in NEM, Qora, BitShares. Those can be backup cryptos should NXT fail due to some fatal flaw. The probability of a fatal flaw is less with each passing day. The new PoS coins have yet to prove they don't have fatal flaws, that's why only investing a little in them is advised at this point, but as time goes on this can be reconsidered.

Peercoin is a) not a 100% PoS, and b) not a crypto platform (which wasn't in your question but why not choose 2.0 gen crypto?), I wouldn't consider it.

Oh, and forging is not for profit, at least not right now.

Forging could become profitable in the future, but it will take some time, forging is now mostly a way to support the network you bought a stake in.

NXT is good choice!

None of the PoS coin is good to invest. Buy BTC instead.

They did succeed in changing the price of bitcoin as they cash out.

Take a look at Blackcoin

Forget PoS

You need to invest in PoSA!

Cloakcoin!

Take a look.