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Topic: Is your favorite altcoin undervalued? - page 2. (Read 1485 times)

hero member
Activity: 812
Merit: 1000
Litecoin Association Director
April 28, 2015, 10:14:47 PM
#7
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.
full member
Activity: 210
Merit: 100
April 28, 2015, 09:50:52 PM
#6
I'm beginning to wonder if most coins are overvalued and investors are just under the delusion that the coin is undervalued. That way they has some hope of some day selling at a profit.
sr. member
Activity: 448
Merit: 250
Americans do it better
April 28, 2015, 09:39:03 PM
#5
LOL
My favourite coins are always undervalued.
It is also main reason why I´m in loss.  Grin
full member
Activity: 210
Merit: 100
April 28, 2015, 08:56:41 PM
#4
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.

LOL. I love that answer. If people were more honest, most would probably say the same thing.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
April 28, 2015, 08:46:47 PM
#3
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.
sr. member
Activity: 378
Merit: 250
Knowledge could but approximate existence.
April 28, 2015, 08:34:44 PM
#2
G.E. coins are “spent” into existence in input-less transactions. Accordingly, civil society can (at least, in part) dictate monetary policy.

Many complain about banks and “global elites”; however, none utilize the G.E. coin to found a monetary authority “of the people, by the people, for the people” (Lincoln).
full member
Activity: 210
Merit: 100
April 28, 2015, 06:14:36 PM
#1
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?
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