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Topic: **Best POW/POS newcomer coin in 2020** - page 3. (Read 682 times)

full member
Activity: 393
Merit: 100
February 27, 2020, 07:51:55 AM
#14
I can start naming coins that feels so good in the past but aren't doing great now, mostly new cryptonight coins that I mine at the time, Turtle coin, Electroneum, Coal, Recoal, Mask etc are all crap except electroneum,

Would you consider them scam coins, or do you think they just didn't put in the amount of effort needed by the devs?
member
Activity: 490
Merit: 16
February 27, 2020, 05:38:49 AM
#13
I can start naming coins that feels so good in the past but aren't doing great now, mostly new cryptonight coins that I mine at the time, Turtle coin, Electroneum, Coal, Recoal, Mask etc are all crap except electroneum,
full member
Activity: 393
Merit: 100
February 27, 2020, 05:00:18 AM
#12
It's not about finding them, I was like this in the past where I stay focused on new coins only thinking I can find gems easily this way but I end up with dead coins after few months, not all new POW coins are genuine, most of them are fake or pump and dump

You must have had really bad luck trying to find the "gems". I try to read up on a project before starting to mine it or buy coins. That way I avoid coins being "dead after few months".

Do some recearch before getting involved in a coin.
member
Activity: 784
Merit: 21
February 27, 2020, 02:55:45 AM
#11
It's not about finding them, I was like this in the past where I stay focused on new coins only thinking I can find gems easily this way but I end up with dead coins after few months, not all new POW coins are genuine, most of them are fake or pump and dump
member
Activity: 182
Merit: 10
February 27, 2020, 02:51:21 AM
#10
Would you consider Zilliqa. Know it is older than six months.
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
February 26, 2020, 06:29:51 PM
#9
Yes, well the problem with those ICO's in my opinion is that 95+ percent of them are simply money grabbing hit and run scams. It's very hard to find the true gems hidden in the torrent of scams that wants our hard earned money.
I think what is important is the projects intent. Is the intent to try to build something genuine with realworld usage, or simply to try to steal our money and laugh all the way to the bank. Hard to tell a lot of the times when they are new and unproven.

Would be great though if we could come up with a list of NEW PROJECTS that aren't pure scams.
Right, many have been caught red-flagged and made just for the sake of the money machine. I literally understand why you are open with the new projects but as someone who has noticed the drop in the market and the rate of these projects.

I can say that looking for that ideal project that you have mentioned, there's still hope. There's still some legit projects that do aim for good and not just for the sake of making quick bucks with what they are developing.
full member
Activity: 393
Merit: 100
February 26, 2020, 06:12:06 PM
#8
With the conditions given, I don't have anything to suggest but why consider only the newer ones if the older ones are more reliable, trustworthy and they have been with their own community for a long time?

Honestly, the poll and choices, I am not familiar with any of them. I'll avoid the newest coins as much as possible if you plan to invest long term using it as POS.

I'm not familiar with any of them either, and probably neither are anybody else, and that's the whole point. Every coin was new at some point in time AND CHEAP, Bitcoin was cheap when it was new, Ethereum was cheap when it was new, most coins were cheap when they were new.
That's why I think some new coins are interesting, IF they have a quality team behind them that know what they are doing and have a solid plan going forward.

Sure you can buy a basket of BTC, LTC and ETH now and hope for the best, but they will never go up 10fold or 100fold in price, but some of these new coins might in the future, considering they are dirt cheap right now because noone has heard of them and some aren't even listed yet.

What would you rather have bought of ETH at $0.43 in 2015, or $228 right now. Take into consideration that in 2015 it was new and the altmarket was in the dumps and not that many people could be bothered about ETH.
I understand the whole idea you're getting here. And that's all in my mind before but as the market proceeds and time goes by, many of the newer coins before didn't managed to excel and just dying on the way.

The market trend changes, we've managed to see 2017 were tons of ICO and new projects existed but many of them died and plunged in value. And by 2018, still many new projects came out but only few survived.

Yes, well the problem with those ICO's in my opinion is that 95+ percent of them are simply money grabbing hit and run scams. It's very hard to find the true gems hidden in the torrent of scams that wants our hard earned money.
I think what is important is the projects intent. Is the intent to try to build something genuine with realworld usage, or simply to try to steal our money and laugh all the way to the bank. Hard to tell a lot of the times when they are new and unproven.

Would be great though if we could come up with a list of NEW PROJECTS that aren't pure scams.
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
February 26, 2020, 05:54:29 PM
#7
With the conditions given, I don't have anything to suggest but why consider only the newer ones if the older ones are more reliable, trustworthy and they have been with their own community for a long time?

Honestly, the poll and choices, I am not familiar with any of them. I'll avoid the newest coins as much as possible if you plan to invest long term using it as POS.

I'm not familiar with any of them either, and probably neither are anybody else, and that's the whole point. Every coin was new at some point in time AND CHEAP, Bitcoin was cheap when it was new, Ethereum was cheap when it was new, most coins were cheap when they were new.
That's why I think some new coins are interesting, IF they have a quality team behind them that know what they are doing and have a solid plan going forward.

Sure you can buy a basket of BTC, LTC and ETH now and hope for the best, but they will never go up 10fold or 100fold in price, but some of these new coins might in the future, considering they are dirt cheap right now because noone has heard of them and some aren't even listed yet.

What would you rather have bought of ETH at $0.43 in 2015, or $228 right now. Take into consideration that in 2015 it was new and the altmarket was in the dumps and not that many people could be bothered about ETH.
I understand the whole idea you're getting here. And that's all in my mind before but as the market proceeds and time goes by, many of the newer coins before didn't managed to excel and just dying on the way.

The market trend changes, we've managed to see 2017 were tons of ICO and new projects existed but many of them died and plunged in value. And by 2018, still many new projects came out but only few survived.
full member
Activity: 393
Merit: 100
February 26, 2020, 05:41:04 PM
#6
With the conditions given, I don't have anything to suggest but why consider only the newer ones if the older ones are more reliable, trustworthy and they have been with their own community for a long time?

Honestly, the poll and choices, I am not familiar with any of them. I'll avoid the newest coins as much as possible if you plan to invest long term using it as POS.

I'm not familiar with any of them either, and probably neither are anybody else, and that's the whole point. Every coin was new at some point in time AND CHEAP, Bitcoin was cheap when it was new, Ethereum was cheap when it was new, most coins were cheap when they were new.
That's why I think some new coins are interesting, IF they have a quality team behind them that know what they are doing and have a solid plan going forward.

Sure you can buy a basket of BTC, LTC and ETH now and hope for the best, but they will never go up 10fold or 100fold in price, but some of these new coins might in the future, considering they are dirt cheap right now because noone has heard of them and some aren't even listed yet.

What would you rather have bought of ETH at $0.43 in 2015, or $228 right now. Take into consideration that in 2015 it was new and the altmarket was in the dumps and not that many people could be bothered about ETH. Thats a 400fold rise in $terms. I want to find the next 400folder.
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
February 26, 2020, 04:45:00 PM
#5
With the conditions given, I don't have anything to suggest but why consider only the newer ones if the older ones are more reliable, trustworthy and they have been with their own community for a long time?

Honestly, the poll and choices, I am not familiar with any of them. I'll avoid the newest coins as much as possible if you plan to invest long term using it as POS.
full member
Activity: 393
Merit: 100
February 26, 2020, 04:37:38 PM
#4
Lol! Let's take a look at their prices first. These prices are based on Coingecko as none of them are listed on coinmarketcap.

Talleo (TLO): $0.00008784
Bitvaluta (BTV): No information whatsoever
MicroPaymentCoin (MPC): $0.00030785

No of these coins have reached to such a level where we can really debate on whether they are best newcomers of 2020. Personally, I believe the best POS coin for 2020 will be ETH once they move to POS algorithm this year.

I agree that ETH can be a good POS coin when they change it over later this year.

I think new coins like these can sometimes be interesting, it all depends on the plans and followthrough of the devs.

Since they're new they are often very cheap, and for instance Bitvaluta doesn't even have an exchange yet, so hard to tell what that one could be worth. I can see that they are giving out some free coins at their forum https://forum.bitvaluta.org/viewtopic.php?f=3&t=13

Whats the marketcap for TLO and MPC?
legendary
Activity: 3080
Merit: 1500
February 26, 2020, 02:54:49 PM
#3
Lol! Let's take a look at their prices first. These prices are based on Coingecko as none of them are listed on coinmarketcap.

Talleo (TLO): $0.00008784
Bitvaluta (BTV): No information whatsoever
MicroPaymentCoin (MPC): $0.00030785

No of these coins have reached to such a level where we can really debate on whether they are best newcomers of 2020. Personally, I believe the best POS coin for 2020 will be ETH once they move to POS algorithm this year.
full member
Activity: 393
Merit: 100
February 26, 2020, 11:50:43 AM
#2
These new coins are hard to rate as good or bad as of yet since they've been around such a short time. I'm gonna have to check them out further until I can give a final answer.

Another thing is that as far as I can see none of them are at an exchange yet.

Edit 27.feb;
Cant find these on coinmarketcap, but i found this for info;

https://www.talleo.org/
https://bitvaluta.org/ (giving away some free BTV at forum).
https://www.micropaymentcoin.com/
full member
Activity: 294
Merit: 100
February 26, 2020, 11:41:02 AM
#1
Very hard to find collective information on these new POW/POS coins.

It's also very hard to tell the good from the bad ones, that's why I invite you the forumparticipants to share some of your views and wisdom about this topic.

Your opinion is valued and very much appreciated.

Please don't just shill the coins you hold, but please give the readers insight into what you think can benefit the whole community.

If you have an opinion on the coins in the poll, or you would like to see a coin added to the poll, please share your view with the rest of us.


Requirements to enter a coin into the poll;

1. Must not be older than 6 months (give or take a few weeks).
2. Must have it's own blockchain.
3. Must have a webpage.
4. No ETH tokens.

Tell us what you think and vote for your choice of BEST NEWCOMER COIN OF 2020!!!
Have fun!

 Smiley Grin Smiley
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