Topic: Buying new altcoins (Read 443 times)

very good. I am studying this now.

Ok then the rationale for buying the merged mined SHA256 coins is that they are merged mined, and the rationale for not buying Tenebrix and Fairbrix is that they are scrypt coins in addition to not being capable yet of being merged mined.

I should add CoiLedCoin to the list since it too is a merged mined SHA256 coin that is not on any exchanges currently.

The rationale for mining or buying coins that are not on any exchanges of course is simply that once they get on to exchanges various profitiability sites will notice how profitable they are and pump the difficulty way up which often can tend to also pump the price way up, so they are best mined or bought long before anyone even imagines that they will ever get onto any exchanges.

Check out http://galaxies.mygamesonline.org/latestrates.inc for a glimpse of some coins that you don't yet see on web based exchanges...

The ones not on exchanges yet are mostly also not yet included in the historical tables and plots of rates that are linked to from http://galaxies.mygamesonline.org/digitalisassets.html

For many of those assets market-makers had tended to place their sell orders one, two, three or more percent above the shown rate and their buy orders one two three or more percent below the shown rate, depending on the scale of the market. (Scale meaning are you buying/selling in whole coins, tens of coins, hundreds of coins, thousands of coins, tens of thousands of coins etc scale. All pairs can have distinct separate markets of different scales where scale is any integer power of ten.)

-MarkM-

Yes. I should have added that with all of the new coins out there, I'd like a rationale for the purchase of each one.

Thank you very much.

Are GRouPcoin, GeistGeld, Tenebrix and Fairbrix new enough for you?

-MarkM-

which have not yet hit the exchanges.

Please direct message me (rather than replying here) in regard to what you have available and the price.

Thank you very much.