Pages:
Author

Topic: Diversification into alt coins. - page 2. (Read 4942 times)

legendary
Activity: 1246
Merit: 1011
February 02, 2014, 12:51:23 PM
#49
My retirement portfolio:

30% Bitcoin
20% Litecoin
20% Dogecoin
10% US dollars
10% Saturncoin
10% gold

I would usually have a chunk in real estate but the current housing market seems a bit risky for my taste.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
February 02, 2014, 08:35:07 AM
#48
SaturnCoin.
legendary
Activity: 1267
Merit: 1000
February 02, 2014, 02:05:23 AM
#47
Altcoins are going mental.

There is a scrypt coin launched 6 hours ago, has network hashrate of 5.5 Gh and difficulty over 80 with 100 coming in next dozen blocks.

Freaky unbelievable.

what coin is that?
legendary
Activity: 2772
Merit: 1028
Duelbits.com
February 01, 2014, 10:19:51 PM
#46
Altcoins are going mental.

There is a scrypt coin launched 6 hours ago, has network hashrate of 5.5 Gh and difficulty over 80 with 100 coming in next dozen blocks.

Freaky unbelievable.
donator
Activity: 229
Merit: 106
February 01, 2014, 08:53:19 PM
#45
50% crypto-currencies, 50% other assets(mostly cash plus fund, bond, stock and PM)
For crypto-currencies, 90% Bitcoin and 10% alts(mostly Litecoin plus some Peercoin, Feathercoin and Ripple)
Re-balance when any category out of +- 5% range
member
Activity: 84
Merit: 10
February 01, 2014, 03:52:10 PM
#44
I have all mine in dogecoins. It is the most promising crypto Cheesy
legendary
Activity: 1246
Merit: 1000
February 01, 2014, 03:50:47 PM
#43
   
Stop and Ban those alt coins copycats now

Almost all(in fact, all) of the alt-coins out there are going to be a waste of time.  They're being created to take advantage of people who get super excited about different things and then get pumped and dumped.

Most alt coins are completely pointless and just poor replicas of what's already out there with little to no improvement.

Those alt coins(junkcoins) are spreading the investment of bitcoin and can't be good for crypto as a whole, they will also destroy people's trust of cryptocurrencies after their crash and run and disapparation. only their "developers" or "early adopters team" will get rich quick by taking your money away.

Bitcoin has a limit of only 21 million, however with all these so called "alt coins", the total number of crypto is in fact unlimited and make all cryptocurrencies end up into a ponzi scheme(only detract from people's perceived value of Bitcoin and the legitimacy of cryptos in general)

Stop and Ban those alt coins copycats now, let the money flow back to the bitcoin!

https://bitcointalksearch.org/topic/stop-and-ban-those-alt-coins-copycats-now-432187

Fuck off you moron. This is what's called a free market. If you don't like it then don't invest in them, but you don't get to decide who should invest in what coin. Will lots of people get burned buying stupid coins? Yes they will, and that's perfectly fine. The coins that are good will remain in the end, and you know what, that coin may not be bitcoin.
legendary
Activity: 1246
Merit: 1011
February 01, 2014, 03:31:55 PM
#42
Those alt coins(junkcoins) are spreading the investment of bitcoin and can't be good for crypto as a whole, they will also destroy people's trust of cryptocurrencies after their crash and run and disapparation.

yes and, you can't stop it.

Sure you can.  Just click the "ignore" link next to banaltcoin's post.  Works like a charm!
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
February 01, 2014, 03:13:00 PM
#41
Those alt coins(junkcoins) are spreading the investment of bitcoin and can't be good for crypto as a whole, they will also destroy people's trust of cryptocurrencies after their crash and run and disapparation.

yes and, you can't stop it.
newbie
Activity: 56
Merit: 0
February 01, 2014, 03:06:36 PM
#40
    
Stop and Ban those alt coins copycats now

Almost all(in fact, all) of the alt-coins out there are going to be a waste of time.  They're being created to take advantage of people who get super excited about different things and then get pumped and dumped.

Most alt coins are completely pointless and just poor replicas of what's already out there with little to no improvement.

Those alt coins(junkcoins) are spreading the investment of bitcoin and can't be good for crypto as a whole, they will also destroy people's trust of cryptocurrencies after their crash and run and disapparation. only their "developers" or "early adopters team" will get rich quick by taking your money away.

Bitcoin has a limit of only 21 million, however with all these so called "alt coins", the total number of crypto is in fact unlimited and make all cryptocurrencies end up into a ponzi scheme(only detract from people's perceived value of Bitcoin and the legitimacy of cryptos in general)

Stop and Ban those alt coins copycats now, let the money flow back to the bitcoin!

https://bitcointalksearch.org/topic/stop-and-ban-those-alt-coins-copycats-now-432187
legendary
Activity: 840
Merit: 1000
February 01, 2014, 03:05:10 PM
#39
funny how you people say Litecoin is a clone , when it's really not .


the real clone is dogecoin.
I consider anything that has taken Bitcoins source code and modified it a bit to be a clone. Litecoin, Dogecoin, and the majority of the altcoins fit into that. Litecoin has been lovely for speculation and making money, and I hope it make people more money, but it is a complete 'me too, me too' coin that brings relatively little to the table.
legendary
Activity: 840
Merit: 1000
February 01, 2014, 02:55:02 PM
#38
NXT is one the most innovative of the new cryptos and it has grown rapidly because people see this innovation. I feel it will continue to grow for that reason. I've never been a fan of most of the alts simply because they are rip offs with slight changes. Yes they have been good for making money, but few provide any real innovation. NXT is new code and full of interesting features. People have always been talking about what the crypo that will become Facebook to Bitcoins Myspace, I'm not sure if that will ever happen, but it will require innovation and new features so I will invest in any potentially groundbreaking new crypos. We could also have a Visa/Mastercard/American Express situation, or Android and iOS, but I don't feel Litecoin fits into that since it is just a clone.  
Yeah I think NXT will be what Litecoin wishes to be (i.e. the silver of crypto). Mainly due to its way better scalability.

But I don't think NXT will surpass BTC though, the network effect, the infrastructure and the reputation of BTC seems too strong.

Also Bitshares will probable have a significant place in the final crypto landscape if the price tracking mechanism works according to plan.

NXT is just plain terrible. The UI is terrible, the premise is nonsense, the adoption is non-existent.

Just install it and try and use it, then try and trade it, then dump it and run for your trusted satoshi clone.

LOL, 'adoption is non-existent', it has actually grown rapidly. HAHA it is already the 5th biggest market cap in two months of existence, catching up to cryptos that have had years to grow. Not sure how that can be interpreted as anything but a great start at this early stage. There is nothing nonsense about it. Your issues with its ultra early UI (which will be address shortly with real clients), and dismissive nature towards its innovation ( or inability to even value that innovation) are more your issues than NXT itself having any problems. The primary issue people have complained about is how the original coins were 'unfairly' distributed, but the distribution thus far is actually slightly better than Bitcoins current distribution. The future is never certain, anything can fizzle, but NXT is doing wonderfully so far and has earned the attention it has received.
full member
Activity: 238
Merit: 100
February 01, 2014, 10:34:13 AM
#37

The thing is that if you own a substantial amount of addresses that can mint PoS blocks they are more likely to be drawn.

The number of addresses shouldn't change anything. It's the total amount of coin age that you own that produces PoS blocks.

Exactly, and so the wealth that is created form the shape of a.... wait for it.... pyramid.

Yup, those in the beginning, get a perpetual and proportional increase in funds, to the detriment of the subsequent adopters.  So GET IN FAST OR YOU'LL MISS THE BOAT.  ....ahhhh, such a scam.  What's hilarious is how they describe the perpetual mining as "inflationary", when economically, it is exactly the opposite.  It is like the CEO of a company issues stocks to his employees and gives himself the most, then executes a stock split proportional to how many you own - giving himself EVEN MORE SHARE OF THE COMPANY.

PoS is a very very subtle way of screwing people.  Make the math complex, give it a confusing name, but it's still a pyramid scheme.

PoW is inefficient, but I am hopeful of coins like Primecoin which successfully perform useful proof of work.  Disclosure: I am not a holder of XPM any longer - but it is the best altcoin thus far.
legendary
Activity: 861
Merit: 1010
February 01, 2014, 08:13:42 AM
#36
NXT is one the most innovative of the new cryptos and it has grown rapidly because people see this innovation. I feel it will continue to grow for that reason. I've never been a fan of most of the alts simply because they are rip offs with slight changes. Yes they have been good for making money, but few provide any real innovation. NXT is new code and full of interesting features. People have always been talking about what the crypo that will become Facebook to Bitcoins Myspace, I'm not sure if that will ever happen, but it will require innovation and new features so I will invest in any potentially groundbreaking new crypos. We could also have a Visa/Mastercard/American Express situation, or Android and iOS, but I don't feel Litecoin fits into that since it is just a clone.  
Yeah I think NXT will be what Litecoin wishes to be (i.e. the silver of crypto). Mainly due to its way better scalability.

But I don't think NXT will surpass BTC though, the network effect, the infrastructure and the reputation of BTC seems too strong.

Also Bitshares will probable have a significant place in the final crypto landscape if the price tracking mechanism works according to plan.

NXT is just plain terrible. The UI is terrible, the premise is nonsense, the adoption is non-existent.

Just install it and try and use it, then try and trade it, then dump it and run for your trusted satoshi clone.
There will be an user-friendly client on February 14 and I think the adoption is very good for a coin which was officially launch a month ago.  Also I don't understand what you mean by "the premise is non-sense".

hero member
Activity: 770
Merit: 500
February 01, 2014, 03:13:10 AM
#35
funny how you people say Litecoin is a clone , when it's really not .


the real clone is dogecoin.
legendary
Activity: 1639
Merit: 1006
February 01, 2014, 02:08:30 AM
#34
NXT is one the most innovative of the new cryptos and it has grown rapidly because people see this innovation. I feel it will continue to grow for that reason. I've never been a fan of most of the alts simply because they are rip offs with slight changes. Yes they have been good for making money, but few provide any real innovation. NXT is new code and full of interesting features. People have always been talking about what the crypo that will become Facebook to Bitcoins Myspace, I'm not sure if that will ever happen, but it will require innovation and new features so I will invest in any potentially groundbreaking new crypos. We could also have a Visa/Mastercard/American Express situation, or Android and iOS, but I don't feel Litecoin fits into that since it is just a clone.  
Yeah I think NXT will be what Litecoin wishes to be (i.e. the silver of crypto). Mainly due to its way better scalability.

But I don't think NXT will surpass BTC though, the network effect, the infrastructure and the reputation of BTC seems too strong.

Also Bitshares will probable have a significant place in the final crypto landscape if the price tracking mechanism works according to plan.

NXT is just plain terrible. The UI is terrible, the premise is nonsense, the adoption is non-existent.

Just install it and try and use it, then try and trade it, then dump it and run for your trusted satoshi clone.
legendary
Activity: 861
Merit: 1010
January 31, 2014, 12:36:12 PM
#33
NXT is one the most innovative of the new cryptos and it has grown rapidly because people see this innovation. I feel it will continue to grow for that reason. I've never been a fan of most of the alts simply because they are rip offs with slight changes. Yes they have been good for making money, but few provide any real innovation. NXT is new code and full of interesting features. People have always been talking about what the crypo that will become Facebook to Bitcoins Myspace, I'm not sure if that will ever happen, but it will require innovation and new features so I will invest in any potentially groundbreaking new crypos. We could also have a Visa/Mastercard/American Express situation, or Android and iOS, but I don't feel Litecoin fits into that since it is just a clone.  
Yeah I think NXT will be what Litecoin wishes to be (i.e. the silver of crypto). Mainly due to its way better scalability.

But I don't think NXT will surpass BTC though, the network effect, the infrastructure and the reputation of BTC seems too strong.

Also Bitshares will probable have a significant place in the final crypto landscape if the price tracking mechanism works according to plan.
legendary
Activity: 840
Merit: 1000
January 31, 2014, 12:24:19 PM
#32
NXT is one the most innovative of the new cryptos and it has grown rapidly because people see this innovation. I feel it will continue to grow for that reason. I've never been a fan of most of the alts simply because they are rip offs with slight changes. Yes they have been good for making money, but few provide any real innovation. NXT is new code and full of interesting features. People have always been talking about what the crypo that will become Facebook to Bitcoins Myspace, I'm not sure if that will ever happen, but it will require innovation and new features so I will invest in any potentially groundbreaking new crypos. We could also have a Visa/Mastercard/American Express situation, or Android and iOS, but I don't feel Litecoin fits into that since it is just a clone. 
legendary
Activity: 2114
Merit: 1015
January 31, 2014, 08:57:45 AM
#31
its the gaming infrastructure that is already built and being built around LottoCoin that matters, not the coin itself. I've been around the Lotto community since the start and witnessed how quickly the gaming infra has grown in just a month. If you think about it most Bitcoin/litecoin clones are useless since they offer nothing new over Bitcoin, what matters is the people i.e. the community and developers that bring value to the coin.

True, but why should anyone build gaming services around LottoCoin INSTEAD of Bitcoin? I'd go for BTC from the beginning.
sr. member
Activity: 308
Merit: 251
Giga
January 31, 2014, 08:51:18 AM
#30
from the general alt scene i think Lotto holds promise as a lot of gaming sites are accepting it and a lot of games are being developed around it, if development continues in 1 year it might be the most popular gaming crypto out there.

What's so great about LottoCoin? They give random amounts of coins to miners which will make the price unstable. Why would I accept it as payment? That doesn't make sense. I'd say it's a bad coin.

its the gaming infrastructure that is already built and being built around LottoCoin that matters, not the coin itself. I've been around the Lotto community since the start and witnessed how quickly the gaming infra has grown in just a month. If you think about it most Bitcoin/litecoin clones are useless since they offer nothing new over Bitcoin, what matters is the people i.e. the community and developers that bring value to the coin.
Pages:
Jump to: