Best year over year price change in coins.

Vlad2Vlad

legendary

Activity: 3052

Merit: 1534

www.ixcoin.net

Quote from: steelhouse on November 29, 2014, 08:23:36 AM

Of the largest coins

Ripple
Dogecoin
Litecoin

All should be sold for obvious reasons. Ripple requires trust. Dogecoin is inflato coin with bloated block. Litecoin is just another pump and dump. All other coins have no software maintence even ixcoin, which does not have a transaction fee thus subject to chain spam attack. Even bitcoin has become bloated because they left the transaction fee too low for too long.

In summary still waiting for a deflation coin.

iXCoin has software maintenance, and the most powerful partner in crypto world, CEX.io. And with the 9.3 code update ixCoin will also have a minimum transaction fee so it won't have the bloated chain Bitcoin has.

iXCoin is Bitcoin fully matured - an identical fully grown twin of Bitcoin.

Why else do you guys think CEX.io is so interested in iXCoin? Big this happening soon!

JackRipper

full member

Activity: 210

Merit: 100

Quote from: steelhouse on November 29, 2014, 01:17:04 AM

You can find this info from coinmarketcap.com note almost all coins are related to bitcoin (except bitcoin which is related to the $). I guess it has been a pretty horrible for all these inflation coins. Click on the coin and look at the 365 day chart find the beginning and end price by highlighting the coin.

November 28th, 2013 - November 28, 2014 bold up in price
bitcoin $973.13 $366.21
ripple .0000276 .0000355
litecoin .0369 .00963 ouch
peercoin .00601 .00201
feathercoin .000576 .0000772 ouch
quark .000161 .0000135 ouch
primecoin .00574 .000373 ouch
ixcoin .0000988 .000104
novacoin .0242 .00183 ouch
infinitecoin .00000011 .00000001 ouch
NXT .0000008 .0000520 = 65x however on December 30, 2013 it was around .0000976 and has dropped about 50% since then.

ripple, NXT, and ixcoin are the only 3 that have increased relative to bitcoin. The reason is they are deflation coins. The future are deflating coins.

No block reward
Delete the transaction fee
POS or merged mined.
100% premine sold on the exchange.

That's why a buy and hold investment strategy is a bad idea.

2dogs

legendary

Activity: 1267

Merit: 1000

Quote from: steelhouse on November 29, 2014, 01:17:04 AM

You can find this info from coinmarketcap.com note almost all coins are related to bitcoin (except bitcoin which is related to the $). I guess it has been a pretty horrible for all these inflation coins. Click on the coin and look at the 365 day chart find the beginning and end price by highlighting the coin.

November 28th, 2013 - November 28, 2014 bold up in price
bitcoin $973.13 $366.21
ripple .0000276 .0000355
litecoin .0369 .00963 ouch
peercoin .00601 .00201
feathercoin .000576 .0000772 ouch
quark .000161 .0000135 ouch
primecoin .00574 .000373 ouch
ixcoin .0000988 .000104
novacoin .0242 .00183 ouch
infinitecoin .00000011 .00000001 ouch
NXT .0000008 .0000520 = 65x however on December 30, 2013 it was around .0000976 and has dropped about 50% since then.

ripple, NXT, and ixcoin are the only 3 that have increased relative to bitcoin. The reason is they are deflation coins. The future are deflating coins.

No block reward
Delete the transaction fee
POS or merged mined.
100% premine sold on the exchange.

Interesting, marking this for future reference.

cexylikepie

hero member

Activity: 779

Merit: 500

Quote from: steelhouse on November 30, 2014, 04:01:53 AM

Quote from: gustav on November 29, 2014, 11:48:08 PM

this shit looks biased to me
Is this the last bit of shilling you can squeez out of this ripple pump and dump or what?

I don't own ripple. I don't understand ripple. I don't know how anyone can trust anyone or anything. We can all trust the federal reserve and we can trust congress and we can also trust the banks. But they have constantly let us down over the years and centuries. There were only a few periods in history 1860 to 1910 and the dutch golden age that shows deflation and or full reserve banking actually helps the people.

im really not big on ripple at all, but i can see a non mining currency becoming number 2 then number 1

steelhouse

hero member

Activity: 717

Merit: 501

Quote from: gustav on November 29, 2014, 11:48:08 PM

this shit looks biased to me
Is this the last bit of shilling you can squeez out of this ripple pump and dump or what?

I don't own ripple. I don't understand ripple. I don't know how anyone can trust anyone or anything. We can all trust the federal reserve and we can trust congress and we can also trust the banks. But they have constantly let us down over the years and centuries. There were only a few periods in history 1860 to 1910 and the dutch golden age that shows deflation and or full reserve banking actually helps the people.

gustav

hero member

Activity: 602

Merit: 500

this shit looks biased to me
Is this the last bit of shilling you can squeez out of this ripple pump and dump or what?

steelhouse

hero member

Activity: 717

Merit: 501

Quote from: cexylikepie on November 29, 2014, 11:07:24 AM

one year ago you could buy 1M NXT for 1BTC on the open market proof here

at current prices that would be worth 51.9 BTC, i'd say NXT has been the best investment opportunity by far.

EDIT: and i mean exactly 1 year ago, november 29th.

thanks I did not have a graph. But was that an open exchange to open exchange from a site like cryptsy?

NXT .0000008 .0000520 = 65x

I will add it to the top as it does appear to be traded.

steelhouse

hero member

Activity: 717

Merit: 501

Quote from: DrGrid on November 29, 2014, 09:58:53 AM

So a one year experience is an indication for the whole future? This is far too short sighted. The main indication we can see from this is that coins with the attributed you have listed have performed great as a short term pump, or ponzi schemes (obviously) . You could have included the cool feature cryptos such as NXT and Bitshares as well, then again they have not been around for long enogh. A deflationary currency, or asset is really not the best concept since sliced bread. In fact a deflationary currency will lead to ultimate monopoly of currency units (as we currently see in Ripple and IXCoin). Since value is thought to increase over time simply holding on to coins without using it as a means of exchange for services or goods would be more profitable.
A premined coin with no block reward means that acquiring currency requires a centralized approach towards distributing currency units, insider knowledge is therefore privileged. Deleting the transaction fee is also a non viable option.

mining is a centralized approach. Virtually all the mining fees probably go to top 25 miners. Usually they have the best equipment and can block and use their know how to gain more coins than their fellow users. Mining is disgusting and should be ended. Premine is much better. The author and use the funds to put the coins on the exchanges, and people have to buy their way in. For example 1 BTC = 10,000 of the coin. If you sell 1 million coins, that is 100 BTC or $40000 which can pay for a lot of stuff. It can also be used to rebuy the coin. Thus relative to bitcoin you could never lose.

cexylikepie

hero member

Activity: 779

Merit: 500

one year ago you could buy 1M NXT for 1BTC on the open market proof here https://bitcointalk.org/index.php?topic=345336.100

at current prices that would be worth 51.9 BTC, i'd say NXT has been the best investment opportunity by far.

EDIT: and i mean exactly 1 year ago, november 29th.

djm34

legendary

Activity: 1400

Merit: 1050

why half of the post here end up as a promotion for ripple ? Don't they have a thread ?

hypostatization

sr. member

Activity: 350

Merit: 250

Quote from: steelhouse on November 29, 2014, 08:23:36 AM

Ripple requires trust.

You have been misled. XRP does not require trust, and that makes it uniquely valuable on the Ripple network. XRP is the value tracked as Ripple on coinmarketcap.com.

DrGrid

member

Activity: 101

Merit: 10

So a one year experience is an indication for the whole future? This is far too short sighted. The main indication we can see from this is that coins with the attributed you have listed have performed great as a short term pump, or ponzi schemes (obviously) . You could have included the cool feature cryptos such as NXT and Bitshares as well, then again they have not been around for long enogh. A deflationary currency, or asset is really not the best concept since sliced bread. In fact a deflationary currency will lead to ultimate monopoly of currency units (as we currently see in Ripple and IXCoin). Since value is thought to increase over time simply holding on to coins without using it as a means of exchange for services or goods would be more profitable.
A premined coin with no block reward means that acquiring currency requires a centralized approach towards distributing currency units, insider knowledge is therefore privileged. Deleting the transaction fee is also a non viable option.

steelhouse

hero member

Activity: 717

Merit: 501

Of the largest coins

Ripple
Dogecoin
Litecoin

All should be sold for obvious reasons. Ripple requires trust. Dogecoin is inflato coin with bloated block. Litecoin is just another pump and dump. All other coins have no software maintence even ixcoin, which does not have a transaction fee thus subject to chain spam attack. Even bitcoin has become bloated because they left the transaction fee too low for too long.

In summary still waiting for a deflation coin.

steelhouse

hero member

Activity: 717

Merit: 501

You can find this info from coinmarketcap.com note almost all coins are related to bitcoin (except bitcoin which is related to the $). I guess it has been a pretty horrible for all these inflation coins. Click on the coin and look at the 365 day chart find the beginning and end price by highlighting the coin.

November 28th, 2013 - November 28, 2014 bold up in price
bitcoin $973.13 $366.21
ripple .0000276 .0000355
litecoin .0369 .00963 ouch
peercoin .00601 .00201
feathercoin .000576 .0000772 ouch
quark .000161 .0000135 ouch
primecoin .00574 .000373 ouch
ixcoin .0000988 .000104
novacoin .0242 .00183 ouch
infinitecoin .00000011 .00000001 ouch
NXT .0000008 .0000520 = 65x however on December 30, 2013 it was around .0000976 and has dropped about 50% since then.

ripple, NXT, and ixcoin are the only 3 that have increased relative to bitcoin. The reason is they are deflation coins. The future are deflating coins.

No block reward
Delete the transaction fee
POS or merged mined.
100% premine sold on the exchange.

Topic: Best year over year price change in coins. (Read 2348 times)