Best PoS coin to invest in? - page 7.

superresistant

legendary

Activity: 2156

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Quote from: Reclaim3r on July 27, 2014, 06:57:36 PM

I must remark that I'm not a full newbie. I understand most of the concepts behind coins. I was considering buying Ethereum and despite its interesting concept, I decided to go against it.
I've never heard of Maidsafe and Storj so I will look into those as well.

I was joking about Ethereum/Maidsafe/Storj there are all scams disguised in "project that will change the world".

Reclaim3r

full member

Activity: 139

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Quote from: superresistant on July 25, 2014, 08:57:20 AM

Quote from: Reclaim3r on July 24, 2014, 02:51:25 PM

Originally, I cashed out of CEX.io
still wondering if it's worth going back to it

CEX.io is a scam in a way that it is absolutely impossible to make a gain unless you daily trade.
If you trade, that mean you take money from people that are already taking a loss.
It is clearly a fool game.

Quote from: Reclaim3r on July 24, 2014, 02:51:25 PM

and bought NXT in hopes of making a small profit off of Forging.
BIG MISTAKE

So you are the kind of people that invest without knowing what they are doing ?
You could just ask about the ROI of forging before investing.

Quote from: Reclaim3r on July 24, 2014, 02:51:25 PM

Now with what I have left over, I was wondering what a good PoS coin/IPO/Whatever I should invest it in.
Still a newbie to the markets and with so many coin clones floating around, it's hard to find something worthy.

Again, you're going to invest in something you don't understand ?
Doing the same mistake over and over ?

I think Ethereum, Maidsafe and Storj are for you if you want to lose the few money left.

I must remark that I'm not a full newbie. I understand most of the concepts behind coins. I was considering buying Ethereum and despite its interesting concept, I decided to go against it.
I've never heard of Maidsafe and Storj so I will look into those as well.

boraf

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Activity: 315

Merit: 103

Quote from: Kprawn on July 26, 2014, 08:53:24 AM

Quote from: michaelwang33 on July 26, 2014, 12:45:45 AM

Quote from: saddampbuh on July 25, 2014, 12:27:39 PM

none

no coin is a good investment except btc, the 2% or whatever from pos is worthless compared with the potential of btc to go up in price

alts are pump and dump speculation not long term investment

+3

This is correct. Most alt coins have zero long term value.

I also disagree with that statement. Bitcoin will stay the de facto coin for a long time, but one of the Alt coins with better features will take it's place.

There are already some very good coins out there. Ethereum Wink

Lol, Ethereum is the biggest POS scam coin out there.

Kprawn

legendary

Activity: 1904

Merit: 1074

Quote from: michaelwang33 on July 26, 2014, 12:45:45 AM

Quote from: saddampbuh on July 25, 2014, 12:27:39 PM

none

no coin is a good investment except btc, the 2% or whatever from pos is worthless compared with the potential of btc to go up in price

alts are pump and dump speculation not long term investment

+3

This is correct. Most alt coins have zero long term value.

I also disagree with that statement. Bitcoin will stay the de facto coin for a long time, but one of the Alt coins with better features will take it's place.

There are already some very good coins out there. Ethereum Wink

lovely89

sr. member

Activity: 378

Merit: 250

Quote from: michaelwang33 on July 26, 2014, 12:45:45 AM

Quote from: saddampbuh on July 25, 2014, 12:27:39 PM

none

no coin is a good investment except btc, the 2% or whatever from pos is worthless compared with the potential of btc to go up in price

alts are pump and dump speculation not long term investment

+3

This is correct. Most alt coins have zero long term value.

What? This is extremely ignorant. There is an enormous amount of potential out there for decentralised platforms. Bitcoin is just the tip of the iceberg.

saddampbuh

legendary

Activity: 1078

Merit: 1014

none

no coin is a good investment except btc, the 2% or whatever from pos is worthless compared with the potential of btc to go up in price

alts are pump and dump speculation not long term investment

michaelwang33

hero member

Activity: 574

Merit: 500

Quote from: saddampbuh on July 25, 2014, 12:27:39 PM

none

no coin is a good investment except btc, the 2% or whatever from pos is worthless compared with the potential of btc to go up in price

alts are pump and dump speculation not long term investment

+3

This is correct. Most alt coins have zero long term value.

philX

member

Activity: 210

Merit: 10

Quote from: sandykho47 on July 25, 2014, 10:10:24 AM

If you want to invest a coin, you need to check this :
1. Does that coin price stable / went up ?

I'd ignore the price completely. Try to judge the technical details and the community. Also I think putting a lot into coins with small "marketcap" is quite foolish. Think about "owning" a certain percentage of the coin supply and not about absolute amounts in "BTC" or "USD". As an illustration when I said 50% NXT 50% PPC, I suggested overweighting PCC. But then again I should not have suggested anything, try not to invest in anything you don't understand on some level, this is gambling.

superresistant

legendary

Activity: 2156

Merit: 1131

Quote from: sandykho47 on July 25, 2014, 10:10:24 AM

and i think NXT is good coin to invest

Indeed.
I have 80% in Nxt. Why ?
Because the price is relatively stable compared to all other crypto (even Bitcoin) and the swigs are somehow predictable so (with a bit of experience) you know when to buy and when to sell.
I am often buying/selling (but mostly buying) since the very start and it is one of the only investment I made that went well in the long term.

Just remember something : Buy low & Sell high. That mean, buy when everyone is spreading FUD and sell when everyone is hyping.
If it is hard for you to sell, know that everything that goes up must go down.

sandykho47

sr. member

Activity: 252

Merit: 251

Knowledge its everything

If you want to invest a coin, you need to check this :
1. Does that coin price stable / went up ?
2. How big is the coin community
3. Is that coin have great / unique innovation
4. Do you think people would dump that coin

and i think NXT is good coin to invest

superresistant

legendary

Activity: 2156

Merit: 1131

Quote from: Reclaim3r on July 24, 2014, 02:51:25 PM

Originally, I cashed out of CEX.io
still wondering if it's worth going back to it

CEX.io is a scam in a way that it is absolutely impossible to make a gain unless you daily trade.
If you trade, that mean you take money from people that are already taking a loss.
It is clearly a fool game.

Quote from: Reclaim3r on July 24, 2014, 02:51:25 PM

and bought NXT in hopes of making a small profit off of Forging.
BIG MISTAKE

So you are the kind of people that invest without knowing what they are doing ?
You could just ask about the ROI of forging before investing.

Quote from: Reclaim3r on July 24, 2014, 02:51:25 PM

Now with what I have left over, I was wondering what a good PoS coin/IPO/Whatever I should invest it in.
Still a newbie to the markets and with so many coin clones floating around, it's hard to find something worthy.

Again, you're going to invest in something you don't understand ?
Doing the same mistake over and over ?

I think Ethereum, Maidsafe and Storj are for you if you want to lose the few money left.

philX

member

Activity: 210

Merit: 10

Quote from: Connor936 on July 24, 2014, 07:29:22 PM

Quote from: philX on July 24, 2014, 04:33:08 PM

Financing miners is an economic burden (hidden by inflating the coin supply).

But it also ensures that the network is secure. Pos can be easily manipulated

This discussion has taken place elsewhere already. Just want to say that if the majority of stakeholders mints/forges instead of keeping their coins in an exchange, someone who doesn't own many coins cannot do damage.
BTW peercoin is working on cold storage minting.

Reclaim3r

full member

Activity: 139

Merit: 100

Quote from: KeyserSozeMC on July 24, 2014, 07:31:18 PM

Everyone will tell to you invest in the coin they ~~bag~~hold.

I'd tell you, start a business and start accepting bitcoins.

2nd option.

Be active here on BCTalk, stick to this subforum: https://bitcointalk.org/index.php?board=159.0 ( Enable e-mail notification, so you receive e-mail when a topic is made. That's what I do and make real money. )

Keep BTC on your https://nicehash.com account. ( Make sure to have a strong password. )

When you see a launch, rent some hashing power. Mine the coin. Wait for exchanges to add it, dump your coins. ( Don't regret if you miss big pumps after you've sold, until you have a good sum of BTC )

Read as much as you can. This forum can change your life, if you know what you want to do with your life. Set targets.

Quote

Total time logged in: 42 days, 32 minutes.
Date Registered: November 22, 2013, 11:12:30 PM

Greetings,

https://twitter.com/ThisWeeksCoin

Sounds interesting. If I ever get any returns from the BitsharesX purchase I made, I will use your advice.

KeyserSozeMC

hero member

Activity: 742

Merit: 500

I'm dying.

Everyone will tell to you invest in the coin they ~~bag~~hold.

I'd tell you, start a business and start accepting bitcoins.

2nd option.

Be active here on BCTalk, stick to this subforum: https://bitcointalk.org/index.php?board=159.0 ( Enable e-mail notification, so you receive e-mail when a topic is made. That's what I do and make real money. )

Keep BTC on your https://nicehash.com account. ( Make sure to have a strong password. )

When you see a launch, rent some hashing power. Mine the coin. Wait for exchanges to add it, dump your coins. ( Don't regret if you miss big pumps after you've sold, until you have a good sum of BTC )

Read as much as you can. This forum can change your life, if you know what you want to do with your life. Set targets.

Quote

Total time logged in: 42 days, 32 minutes.
Date Registered: November 22, 2013, 11:12:30 PM

Greetings,

https://twitter.com/ThisWeeksCoin

Connor936

member

Activity: 109

Merit: 10

Quote from: philX on July 24, 2014, 04:33:08 PM

Financing miners is an economic burden (hidden by inflating the coin supply).

But it also ensures that the network is secure. Pos can be easily manipulated

chennan

legendary

Activity: 1316

Merit: 1004

I like mintcoin.

Reclaim3r

full member

Activity: 139

Merit: 100

Quote from: Cameltoemcgee on July 24, 2014, 05:35:00 PM

I'd Check out Bitsharesx, their DPOS system is very interesting. Holding some NXT as a hedge is probably a good choice.

I was originally going to dump my money back into CEX until I saw how pricy it is. Thanks for referring me to BitsharesX!
How exactly does DPOS work?

51percemt

member

Activity: 86

Merit: 10

PoS = piece of shit.

My advice is don't invest in a pos coin

Cameltoemcgee

newbie

Activity: 54

Merit: 0

I'd Check out Bitsharesx, their DPOS system is very interesting. Holding some NXT as a hedge is probably a good choice.

Reclaim3r

full member

Activity: 139

Merit: 100

Quote from: IIOII on July 24, 2014, 04:25:43 PM

Why do you want to invest in a PoS coin?

What makes you think that PoS is a better investment than PoW?

Why do you think that any altcoin will outperform bitcoin?

If you don't have convincing answers to these questions, I suggest you better stay with bitcoin. The whole altcoin market is in decline because of the huge number of new altcoins coming out every day. I'm not denying that some of these coins are innovative, but most of them simply can't establish a true community that's big enough.
Keep in mind that bitcoin can also evolve and might integrate features originally introduced by altcoins.

Well, I don't have the equipment for PoW mining ( as much as I would love to ) and I do have a sliver of hope that if there will ever be some way of regulating the massive flux of copycat altcoins, one of the more innovative coins will managed to top Bitcoin. But that's probably far into the future. Thanks for the advice though

Topic: Best PoS coin to invest in? - page 7. (Read 6984 times)