Topic: Is your favorite altcoin undervalued? (Read 1479 times)
yes shadow cash is under valued and people dont wake up and read about it! SDC is Future
Why I'm thinking so? Because it features a really interesting innovation (Proof-of-burn, see http://en.bitcoin.it/wiki/Proof_of_burn) and is the first/only one using this concept.
a Proof-of-Work based on transaction tree Merkle roots and short (here, ten seconds) block times called Proof-of-Wait™.
Is GEC undervalued too? (No other coin seems to utilize Proof-of-Wait™.)
My favourite altcoin is SLM (Slimcoin), and yes, I think it's undervalued.
Why I'm thinking so? Because it features a really interesting innovation (Proof-of-burn, see http://en.bitcoin.it/wiki/Proof_of_burn) and is the first/only one using this concept. The low value was justified in the beginnings of the coin because the code was buggy, but now all major problems have been solved. There should be no barriers to adoption now.
Why I'm thinking so? Because it features a really interesting innovation (Proof-of-burn, see http://en.bitcoin.it/wiki/Proof_of_burn) and is the first/only one using this concept. The low value was justified in the beginnings of the coin because the code was buggy, but now all major problems have been solved. There should be no barriers to adoption now.
As I was reading through some of the ANN threads, I noticed a common complaint. A lot of people feel that their favorite coin is undervalued compared to other coins. Is your favorite coin ( altcoin, Bitcoin, wooden nickels, etc... ) undervalued? If so, what makes you feel that way?
Of course most if not all crypto coins are perceived as undervalued. Keep in mind that this extends well into Bitcoin and anyone who holds them.
You can think that part of the problem is that since Bitcoin is the Grandfather of all current crypto's, the price (and dare I say it existence) depends on Bitcoin. Since the value had slid down from $1,200 to anywhere from $200 to $250, you can also expect that all other coins will depreciate in value.
One thing that never ceases to amaze me is the brazen language used when launching an alt coin, or even existing ones who continue on bantering about how they should be $300 if Bitcoin is $200 (this is a very large generic paraphrasing, often used by the 2.0 crowd. Essentially meaning that they state they are better than Bitcoin yet are still very very cheap). Now this certainly isnt a knock what so ever to 2.0 coins or any coin for that matter (because there are a lot of coins doing some really cool things!), but the general consensus around these parts is that tech = value. There are a slew of factors that are involved, and even with the best tech (along with the obligatory trolling for their own coin along with slandering others) wont skyrocket the price.
The markets are what the markets are. Short of a "MAJOR adoption in cryptos" as a whole or some significant pumps into any alts, we are all pretty much where we should be.
Pro tip for anyone reading this that cares, help with crypto adoption and everyone wins. And stop slandering other coins for no reason.
I write a well thought out post on this, and every other post is "ohh yea XXX coin is undervalued".
Sheesh!
Sheesh!
I appreciate your well thought out post. "MAJOR adoption in cryptos" / "help with crypto adoption and everyone wins" - this represents everything as to which cryptocurrency will be successful and very little is being done about it by 99% of the currencies. The undervalued crypto will be the one that is taking legitimate steps to reach people outside of the industry. Having a merchant claiming to accept a certain coin doesn't count for much, if no one is holding it.
We all believe in one or more of the currencies we hold, but only future hindsight will prove which one was truly undervalued right now.
Is your favorite coin ( altcoin, Bitcoin, wooden nickels, etc... ) undervalued? If so, what makes you feel that way?
Hell frickin' yes! Because Goldcoin (GLD) is the greatest cryptocurrency ever created and our developer is awesome!
They're neither under nor overvalued. They're worth whatever people are willing to pay for them.
That's how the market works.
That's how the market works.
That is the typical neoclassic economic view, but I think that the crypto economy can be more accurately described through Behavioral Economics.
Very few people genuinely believe in the sustainability of the coins they hold
Most of them say their coin is undervalued to lure more people into their coin so that they can artificially hype the value of the coin and sell their holdings at higher price.
Most of them say their coin is undervalued to lure more people into their coin so that they can artificially hype the value of the coin and sell their holdings at higher price.
I write a well thought out post on this, and every other post is "ohh yea XXX coin is undervalued".
Sheesh!
Sheesh!
All altcoins except for the pump/dumps of the day have taken a beating. What can we thank for this?
Good coins are paying for all the SCAMS we have to endure. If people ignored the shitcoin announcements and FFS quit buying into IPO scams, money may flow back into good projects.
Good coins are paying for all the SCAMS we have to endure. If people ignored the shitcoin announcements and FFS quit buying into IPO scams, money may flow back into good projects.
IMO stellar (STR) is undervalued at current price, I remember when it was over 3.2K satoshi with trading volume of over 1K btc. there is a real company behind this who is actively doing promotion and supporting this.
Nem (xem) is a very young coin after more than a year in development, but I have no doubt that it will become one of the best currencies ever.
Some are undervalued. Some are overvalued.
No one are sure they are undervalued or overvalued, which are completely subjective. We should know that all of the investment carry some amount of risk! 
They're neither under nor overvalued. They're worth whatever people are willing to pay for them.
That's how the market works.
That's how the market works.
I think that is a bit over-simplistic, but in essence this is pretty much on target (outside of market manipulations).
Imho LTC is undervalued.
As I was reading through some of the ANN threads, I noticed a common complaint. A lot of people feel that their favorite coin is undervalued compared to other coins. Is your favorite coin ( altcoin, Bitcoin, wooden nickels, etc... ) undervalued? If so, what makes you feel that way?
Yes. Because I am holding them and would want them to be worth much much more so I can finally buy all the things that I haven't been able to afford because I am only a working class schmuck.
this this this this
^_^
Take a look in the signature... That's one INSANELY undervalued coin with ridiculous market cap and best and active developers around.
What are their names?
Take a look in the signature... That's one INSANELY undervalued coin with ridiculous market cap and best and active developers around.
I'm not sure I have a fav coin right now. Our relationship has been... degrading over the last few months. 
Some are undervalued. Some are overvalued.
They're neither under nor overvalued. They're worth whatever people are willing to pay for them.
That's how the market works.
That's how the market works.
I think that is a bit over-simplistic, but in essence this is pretty much on target (outside of market manipulations).
They're neither under nor overvalued. They're worth whatever people are willing to pay for them.
That's how the market works.
That's how the market works.
Jump to: