Topic: So if altcoins go on the rise what new coins are there to look into before? (Read 1385 times)

I was the OP for the thread.
Well the story of Syscoin goes like this:
They spent 8mths in development of the coin. Then moolah was appointed the escrow partner for an ICO worth 1500 btc.

When the coin is released, people find that the coin doesnt work properly, with a glaring issue - the blockchain is forked and there are many who sent out transactions but are stuck. On top of it there is another hilarious issue wherein qt uses "litecoin" is used instead of syscoin.
The best part of all this is - devs are no where to be seen 12hrs post launch. Calls for correction is met with "our developer is sleeping" comment. Imagine this for the 8mths of coding.

After much backlash developer is woken and gets to work on the coin. He releases a new revision which still doesn't work. So basically 1.5 days passes without a stable release. Questions on a breakdown of responsibilities and 1500 btc distribution falls on deaf ears.

In comes moolah who give them more time, effectively setting time for 4 days post launch. He even brags about having a law degree. Pointed questions on how he could run an escrow wherein the public is not aware of the terms gets ignored to "this is our final say in the matter". Even the question on validity of his law degree considering he just misrepresented his position is ignored.

Finally a working wallet is released 2 days after launch.

Given the lack of clarity on escrow and then incompetence of the devs, I am out of the coin. Now some might consider what I wrote as FUD but that has been my true opinion on this coin.
Still if anyone wants, they can buy the coin below phase 2 prices (516 satoshis each) on mintpal/bittrex.

  I am looking forward in seeing what you will be bringing into alt coins, tired of pump and dump coins as I had lost money in trading.  If your coin can be safe proof from dumping, then that can bring alot of value to it alone and faith.

if you look to buy, you should look into the coin that shall not be named when btc it's at a new ATH.

If you are looking for new and different coins Crypti is new and quite unique and could get a jump in September when they are due to get their furst apps and launch the option for for people to use their system to create their own custom block chains.

Also Storj just listed on Polo as its first exchange. That's quite unique as its a decentralized storage application (a proper one not just a coin for cloud storage by a company like CLD) and if their limited beta goes well it could see a big jump when they have their full public launch.

I'll stray away from the Noblecoin thread for a while, as it's a bit quiet.

Price is mega low at the moment, has lost almost 50% in the last month...but there are some really big things coming, the main one being the move to PoS in the next few weeks.

Def one to watch if you want to make a decent profit in the long run.

at first i didn't like cryptonite, but now it's growing on me, i'm mining it at the moment, at least it's not a pure clone, because of the mini-blockchain feature

Hey im going to be launching a coin that will have backing, the product that will be used for backing will be released when the coin is developed.  I say it will be much more better then alt coins as it will be protected from pumps and dumps, I already have a thread on my concept.  I own acres and acres of lands in Europe and soon you will find out that this will be a coin with much more stability because of a slow price growth. Not the usual  get rtich pump an dump coin that happens within a month.

NXT is fine - they have an unparalleled alt ecosystem and upcoming developments.  Bitshares doesn't even come remotely close.  Ethereum is years off.

I didn't notice you were certain about NXT before the 'troubles' either

Bitcoin is the safest bet is an illusion, soon to become clear not just to a few.

Id like to add Aerocoin. Ive yet to see a coin with developers who deliver on time like Aero. Theyre developing great features. It flew under the radar, so it was never pumped and dumped. No premine. As long as the devs continue to deliver on promises i think this is a truly great coin. Ive got 90k and i havent even considered dumping.

I was just reading the Ethereum announcement thread, for the first time in ages.

They've apparently only had like 4400 wallets who sent in funds.  This is like a joke, right?   Because 4400 isn't even that much when we consider there are fair distribution coins with distribution to thousands.  Or even the pre-existing alternates with tens of thousands of users.  It shows that Ethereum just doesn't have an userbase.


As well they are also dumping like mad.  They've dumped thousands of BTC in days and people on the thread are accusing them of trying to kill BTC (they've withdrew $2 million at rock bottom prices within the past 7 days).


https://blockchain.info/address/36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2?filter=1

Ethereum just makes me sick thinking about it all.  100 wallets (wallets =/= people) controlling half the supply and all the greed (among both the developers and 'investors') for a coin which is in the 'conceptual phase' (and may never launch due to double crossing).

That's a pretty decent list but I'd take out LTC/Doge. I'm also uncertain about NXT due to the recent troubles.
Considering that it will take them forever to make Etherum (2 years is a long time here), it feels like it was an IPO scam. XMR and DRK crashed hard in these troublesome times.
The safest bet will always be Bitcoin.

Two years is forever in crypto land. Someone else might release a killer coin in that time.

I don't have a link stored in favourites but the information is out there all over the internet.  The ambitious size of the project.  Having to acquire Bitshares.  Vitalik himself mentioning Ethereum is still in the conceptual phase.  Et cetera.

Java and C++ took a good decade plus to work out the bugs and to educate a generation of developers to program in that language.  By the time Ethereum is running all bells and whistles - the crypto race would likely be long over by then. 

I had no idea that Ethereum is likely two years from release. Could you post a link to some sort of statement about this?

The luck aspect of Ethereum is that it might launch with a $20 million capitalization but it may not have subsequent buyers to sustain that capitalization or to bring decent ROI.  As well we can assume any insider buyers will fire sell as soon as they realize any profit.


100 wallets own half of Ethereum according to Vitalik - does that sound like much of an userbase?  Not really.  It just implies that dumb money wants a ponzi scheme and many threw it all in without realizing that Ethereum is likely two years from release (an estimation which is agreed upon by many in the alternate community) and additional years away from having a robust ecosystem.  It's actually horrifying the things Vitalik has written on his blog, many suspect we simply may never see Ethereum.

The coin in my sig

Is there some kind of forking problem that delayed the Syscoin launch?

There is a thread about some sort of problem with Syscoin entitled "Warning regarding Moolah.io escrow".

https://bitcointalksearch.org/topic/warning-regarding-moolahio-escrow-745005

Bets:
POW:
BTC
LTC/Doge( soon mined out )
XMR
DRK

Cryptonite - NEW POW coin - small blockchain

POS:
NXT or NEM or NODE
BC or PPC or RDD

IPO:
Bithsares
with luck etherum
mayby Syscoin