none of them!
altcoins are either suffering from bad supply designs such as having unlimited supplies, very huge supplies that are considered unlimited in practice,... which is sometimes also combined with some shadiness such as premines and ICOs.
or they have no future in first place because they copied some other project (90% of times bitcoin) and messed things up trying to change the variables so they became useless.
as a result they have no long term potential to make them "store of value" unless you are ok with losing a large percentage of your money in the long run.
Grin that you mentioned falls under the first category of having a bad supply distribution/totals design.
Monero can be a good option but that still has some serious scaling issues. but at least it has interesting feature and is actively being developed.
ETH that you also mentioned is not because it falls under the category of unlimited supply and also has the downside of not being immutable.
Topic: Store of Value Coin, other than Bitcoin, which one ? - page 2. (Read 391 times)
I've always thought that Litecoin's "Silver to Bitcoin's gold" tagline is pure nonsense, and not to mention that I don't think Litecoin is any good in the first place. Litecoin is pretty much just a lab rat to test stuff before adding features to Bitcoin.
Anyway, though I don't own any because I don't think we're going to have an altcoin rally any time soon, a secondary coin I'm really interested in is Decred solely due to it's unique governance model. Maximum supply is also 21 million so you might want to check on it if you're interested. I think it deserves the #3 spot instead of Litecoin. But of course, a coin being good or interesting doesn't automatically mean it's a good investment.
Finally, personally, the best cryptocurrency SoV is still Bitcoin. Besides Bitcoin's deflationary model, security is a huge huge factor for me, and Bitcoin still leads in that category and I don't see it changing anytime soon.
Anyway, though I don't own any because I don't think we're going to have an altcoin rally any time soon, a secondary coin I'm really interested in is Decred solely due to it's unique governance model. Maximum supply is also 21 million so you might want to check on it if you're interested. I think it deserves the #3 spot instead of Litecoin. But of course, a coin being good or interesting doesn't automatically mean it's a good investment.
Finally, personally, the best cryptocurrency SoV is still Bitcoin. Besides Bitcoin's deflationary model, security is a huge huge factor for me, and Bitcoin still leads in that category and I don't see it changing anytime soon.
I am referring to Alts that have new Tech, like GRIN and BEAM for example ?
Isn't Monero considered a store of value too ?
Isn't Monero considered a store of value too ?
All bitcoin maximalists like to say that Bitcoin is the only coin we should buy, but there could be others we should look at, which at the moment are not clear.
Clearly ETH is not a store of value.
Which coin do you think can be the Silver2.0 or Copper2.0, just like Bitcoin is Gold2.0
Any new coin with merit and deflationary supply curve like Bitcoin ?
What do you think ?
PS: Dont shill your bags, it is not the purpose of this thread
Clearly ETH is not a store of value.
Which coin do you think can be the Silver2.0 or Copper2.0, just like Bitcoin is Gold2.0
Any new coin with merit and deflationary supply curve like Bitcoin ?
What do you think ?
PS: Dont shill your bags, it is not the purpose of this thread
I don't think any of the other alts are really considered store of value.
The reason why bitcoin is/was considered store of value was because making transactions on the bitcoin network can get expensive. Hence people only buy it for the long term. If the transaction fees go back to the $50/transaction then most likely people will buy Bitcoin once and keep it stored and then sell it a few months/years later paying the expensive transaction fee only once. This is just an example, it doesn't mean the fees will actually go that high.
ETH and LTC don't really suffer from these high fees. Its very cheap sending coins on most alt-coin these days. That's why many sites have started to accept alts because the network is more clear and its quicker to send and receive coins.
Only example I can think of Silver 2.0 is maybe Litecoin.
All bitcoin maximalists like to say that Bitcoin is the only coin we should buy, but there could be others we should look at, which at the moment are not clear.
Clearly ETH is not a store of value.
Which coin do you think can be the Silver2.0 or Copper2.0, just like Bitcoin is Gold2.0
Any new coin with merit and deflationary supply curve like Bitcoin ?
What do you think ?
PS: Dont shill your bags, it is not the purpose of this thread
Clearly ETH is not a store of value.
Which coin do you think can be the Silver2.0 or Copper2.0, just like Bitcoin is Gold2.0
Any new coin with merit and deflationary supply curve like Bitcoin ?
What do you think ?
PS: Dont shill your bags, it is not the purpose of this thread
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