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Topic: The best buy right now is not Bitcoin, it is ALTCOINS - page 4. (Read 7482 times)

hero member
Activity: 651
Merit: 518
Sure, but most of them are just pump and dump, and the chance of raising 1000% is much smaller than the chance of them becoming equal to 0 $

How exactly would you drop let's say Huntercoin ( https://bitcointalksearch.org/topic/annhuc-huntercoin-worlds-first-decentralized-gameworld-on-the-blockchain-435170 ) to zero? 42 million coins in total, current supply is a bit over 10 million coins and with current price of roughly 500 Satoshis that makes Huntercoin marketcap a bit over 50 BTC. To buy all 10 million already mined coins for 1 Satoshi each you'd need just 0.1 BTC asuming all current holders would sell to you which is highly unlikely. So right there your story about "equal to zero" is not holding the water. But if you can find some other reasons why mentioned coin might go to zero feel free to post them (make sure you understand what is Huntercoin, who are developers and other fundamentals).

I am so fucking tired of altcoins!

Every altcoin I've ever invested in has either been a scam or gone dead in the water after a while. Granted, you can earn a fair amount of BTC on altcoin speculation, but when it comes down to it I might as well should have just put my BTC in cold storage and then forgot about them until the next growthspurt. The amazing amount of bullshit I've been through with the god damn altcoins just hasn't been worth it.

Fuck altcoins, buy BTC. In the long run it's the safest bet.

Wait, so it is altcoins' fault that you lost money investing in them? It is not about your noobish trading and investing skills? You have bought into many early pumps and dumps, lost money there and now you are bitching about altcoins yet cheering Bitcoin expecting others to listen to you? Based on what success stories? Bitcoin dropped from above 1200 USD down to below 200 USD but it is great yet altcoins that dropped roughly the same (many actualy dropped less) are shit?
hero member
Activity: 616
Merit: 500
I would not reckon to spend time on altcoins.
99% are scams. The rest run by honost developers.
So yeah you will lose money on that.
You need to choose wisely when investing in altcoins. There are a few honest coins to invest in if you do your research.
legendary
Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
I dont think Altcoins are good investment at all. There is way too much scams in that scene. Altcoins (at least some of them) are mostly good way to coders sharpen their skills and good test ground for things that could one day be implemented in Bitcoin but if you ask me, crypto need maybe few alts (with faster confirms, able to send dust cheaper and anon sending options) and that is all.
Not all altcoins are scams. There are a few altcoins that can be considered as a good investment.

After the Ripple thing which was so big in terms of market capitalization, I guess Bitcoin is best in its genre as it at least helps you get out at the rates you bought at before...
Which altcoin should be trusted??? All are P&D mostly, unless we see something extremely creative in the concept mentioned...
sr. member
Activity: 280
Merit: 250
I would not reckon to spend time on altcoins.
99% are scams. The rest run by honost developers.
So yeah you will lose money on that.
legendary
Activity: 1554
Merit: 1054
I dont think Altcoins are good investment at all. There is way too much scams in that scene. Altcoins (at least some of them) are mostly good way to coders sharpen their skills and good test ground for things that could one day be implemented in Bitcoin but if you ask me, crypto need maybe few alts (with faster confirms, able to send dust cheaper and anon sending options) and that is all.
Not all altcoins are scams. There are a few altcoins that can be considered as a good investment.
But unlike bitcoin prices, altcoin's prices are highly manipulated. When bitcoin faced down fall, alt coins were suffered a lot. I always do not consider altcoins as good investment opportunities even some of them are established in some ways.
hero member
Activity: 616
Merit: 500
I dont think Altcoins are good investment at all. There is way too much scams in that scene. Altcoins (at least some of them) are mostly good way to coders sharpen their skills and good test ground for things that could one day be implemented in Bitcoin but if you ask me, crypto need maybe few alts (with faster confirms, able to send dust cheaper and anon sending options) and that is all.
Not all altcoins are scams. There are a few altcoins that can be considered as a good investment.
hero member
Activity: 616
Merit: 500
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I dont think Altcoins are good investment at all. There is way too much scams in that scene. Altcoins (at least some of them) are mostly good way to coders sharpen their skills and good test ground for things that could one day be implemented in Bitcoin but if you ask me, crypto need maybe few alts (with faster confirms, able to send dust cheaper and anon sending options) and that is all.
sr. member
Activity: 322
Merit: 250
Altcoins are like gambling very risky.
Too many scams happening there, which means you are never sure if you end up losing 90% of your investment.
sr. member
Activity: 686
Merit: 270
FREEDOM RESERVE
Exactly, so don't delay.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht

It is not hard to sell bitcoin for Ethereum.  A couple clicks as you say.  Thousands have done it already.

If every Bitcoin user decided Ethereum was the way forward I'd estimate somewhere around 1-5% would actually manage to end up with the same value in ETH before Bitcoin's price turned to dust.
legendary
Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
According to me, all alts are just puppets and are going to die one day soon...
For eg.; just see Dogecoins, where they were and where they are now...
Even Ripple was a big scam, so being in Bitcoins is the only way to profit these days, as alts are either just going to scam or die one day by their own users...
We should really not compare alt-techs with the parent one which helped these alts to get to work...
sr. member
Activity: 686
Merit: 270
FREEDOM RESERVE

Social networks Friendster, MySpace, search engines Yahoo, MSN all had very strong network effects in their favor, yet the newcomer that offered something much better took it all.


But not one single example involved one cent of user money. All they had to do was skip across to the better platform with a couple of clicks. Trying to compare that when there's actual money in the equation makes zero sense.

It is not hard to sell bitcoin for Ethereum.  A couple clicks as you say.  Thousands have done it already.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht

Social networks Friendster, MySpace, search engines Yahoo, MSN all had very strong network effects in their favor, yet the newcomer that offered something much better took it all.


But not one single example involved one cent of user money. All they had to do was skip across to the better platform with a couple of clicks. Trying to compare that when there's actual money in the equation makes zero sense.
sr. member
Activity: 327
Merit: 250
The Best Investment Deserves The Largest Exposure
Agree strongly.

Check out another vid I made about it recently:

"Solving Bitcoin's Centralization: NXT vs Clam":
https://www.youtube.com/watch?v=WMZqnbtzXOI


I think the strongest argument against altcoins is that bitcoin may be the facebook, google, ebay of this world that has the network effect in it's favor and is impossible to beat when you tried to follow their tracks. But with the exception of ebay most of these are actually a second or third version and beat others that had the network effect going long before them. Social networks Friendster, MySpace, search engines Yahoo, MSN all had very strong network effects in their favor, yet the newcomer that offered something much better took it all.
legendary
Activity: 1862
Merit: 1046
Yes, you are right. my experience when bitcoin prices rise, then the altcoin price down and vice versa when the bitcoin prices fell, altcoins prices rise. I ever experienced that.
legendary
Activity: 1284
Merit: 1042
I'm holding about 85% of my stash in BTC. Then a bit in XMR and ETH and Doge ( because I mined it myself and dont want to sell  Tongue)

I think holding around 90% in BTC and the rest in some established alts is a good bet.
legendary
Activity: 3248
Merit: 1070
To buy altcoins bitcoin is only accepted as payment so you have to have bitcoin and you one of the easiest and fastest way of having it is by buying it. You still have a choice to buy bitcoin.

Kraken will be offering direct fiat - Ether gateway like the coinbase of Ethereum. 

Good luck clinging to dying deprecated bitcoin technology. 

Ethereum mist browser is already here,  it makes bitcoin look like a piece of shit.

Sorry about your coin losers, its going the way of the Dodo soon.


also ethereum is nothing new really, it's another bitcoin clone

Deny reality all you like.   Ethereum IS revolutionary.   Delay investment at your own financial peril.

ethereum is nothing more than freenet done better, i like that they are promoting a decentralized thing, but that's it, i still want to use bitcoin and not a clone of it, which would be pointless

in the end about ethereum i only like their platform not their currency
sr. member
Activity: 686
Merit: 270
FREEDOM RESERVE
To buy altcoins bitcoin is only accepted as payment so you have to have bitcoin and you one of the easiest and fastest way of having it is by buying it. You still have a choice to buy bitcoin.

Kraken will be offering direct fiat - Ether gateway like the coinbase of Ethereum. 

Good luck clinging to dying deprecated bitcoin technology. 

Ethereum mist browser is already here,  it makes bitcoin look like a piece of shit.

Sorry about your coin losers, its going the way of the Dodo soon.


also ethereum is nothing new really, it's another bitcoin clone

Deny reality all you like.   Ethereum IS revolutionary.   Delay investment at your own financial peril.
legendary
Activity: 3248
Merit: 1070
To buy altcoins bitcoin is only accepted as payment so you have to have bitcoin and you one of the easiest and fastest way of having it is by buying it. You still have a choice to buy bitcoin.

Kraken will be offering direct fiat - Ether gateway like the coinbase of Ethereum. 

Good luck clinging to dying deprecated bitcoin technology. 

Ethereum mist browser is already here,  it makes bitcoin look like a piece of shit.

Sorry about your coin losers, its going the way of the Dodo soon.

ethereum is still nothing and they said at some point that it will use bitcoin on their decentralized platform, so why use their currency?

also ethereum is nothing new really, it's another bitcoin clone
sr. member
Activity: 686
Merit: 270
FREEDOM RESERVE
To buy altcoins bitcoin is only accepted as payment so you have to have bitcoin and you one of the easiest and fastest way of having it is by buying it. You still have a choice to buy bitcoin.

Kraken will be offering direct fiat - Ether gateway like the coinbase of Ethereum. 

Good luck clinging to dying deprecated bitcoin technology. 

Ethereum mist browser is already here,  it makes bitcoin look like a piece of shit.

Sorry about your coin losers, its going the way of the Dodo soon.
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