Too late for joining Bitcoin, which altcoin is best? - page 5.

Peter R

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Quote from: bnrrpayments on February 05, 2014, 10:26:53 PM

Quote from: chessnut on February 05, 2014, 10:21:49 PM

Quote from: bnrrpayments on February 05, 2014, 10:14:24 PM

Quote from: BitChick on February 05, 2014, 10:07:18 PM

Too late? Did you read the article that came out today about how most people have not heard of Bitcoin yet? [Suspicious link removed]j.com/moneybeat/2014/02/05/most-people-still-dont-know-what-bitcoin-is-and-dont-care-to-know/

This is still in the early adoption phase, regardless of how it feels to us that are involved with it!

Sure you can speculate with altcoins for the fun of it though.

I am only in it for speculation, credit cards are more convenient for payments. I need a crypto where I could get in early and speculate the hell out of it, like the early Bitcoin adopters did. What is my best shot?

sorry thats a paradox. the reason they are cheap is because they are highly likely to fail in bitcoins shadow. if you dive into a cheap crypto, you will only get what you paid for. As a speculator you should also not be afraid of big numbers because they really dont mean much when you have an asset that has doubled in value 16 times.

That's why I feel it's already too later to get into Bitcoin, with its current daily volumes having dramatically fallen. Bitcoin itself has been in the shadow of precious metals and national currencies just like the other cryptos have been in the shadow of Bitcoin. With some proper marketing and touting at offline conferences, any altcoin has a good chance to pyramid sufficient Bitcoin-like hype - LiteCoin being one successful example.

You should make your own. Hype Coin!

chessnut

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Activity: 924

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Quote from: jzcjca00 on February 05, 2014, 10:25:53 PM

Bitcoin is higher priced because people believe it is MUCH more likely to survive. Remember, cheap has two meanings: low cost and low value. The altcoins are worth less because they are more likely to become worthless in the long run.

If you absolutely must have low priced coins, your best choice is millibitcoins. They are still under $1 right now. There will only ever be 2.1E10 mBTC, with the world population of 7E9, which means someday the average person in the world will have 3 mBTC. If you buy 300 mBTC and hold until mass adoption, you will have 100 times the wealth of the average person.

Another excellent coin is the satoshi. You can get 125,000 for $1 right now! What an awesome deal!

Nicely put Grin

bnrrpayments

newbie

Activity: 53

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Quote from: chessnut on February 05, 2014, 10:21:49 PM

Quote from: bnrrpayments on February 05, 2014, 10:14:24 PM

Quote from: BitChick on February 05, 2014, 10:07:18 PM

Too late? Did you read the article that came out today about how most people have not heard of Bitcoin yet? [Suspicious link removed]j.com/moneybeat/2014/02/05/most-people-still-dont-know-what-bitcoin-is-and-dont-care-to-know/

This is still in the early adoption phase, regardless of how it feels to us that are involved with it!

Sure you can speculate with altcoins for the fun of it though.

I am only in it for speculation, credit cards are more convenient for payments. I need a crypto where I could get in early and speculate the hell out of it, like the early Bitcoin adopters did. What is my best shot?

sorry thats a paradox. the reason they are cheap is because they are highly likely to fail in bitcoins shadow. if you dive into a cheap crypto, you will only get what you paid for. As a speculator you should also not be afraid of big numbers because they really dont mean much when you have an asset that has doubled in value 16 times.

That's why I feel it's already too later to get into Bitcoin, with its current daily volumes having dramatically fallen. Bitcoin itself has been in the shadow of precious metals and national currencies just like the other cryptos have been in the shadow of Bitcoin. With some proper marketing and touting at offline conferences, any altcoin has a good chance to pyramid sufficient Bitcoin-like hype - LiteCoin being one successful example.

jzcjca00

sr. member

Activity: 263

Merit: 250

Bitcoin is higher priced because people believe it is MUCH more likely to survive. Remember, cheap has two meanings: low cost and low value. The altcoins are worth less because they are more likely to become worthless in the long run.

If you absolutely must have low priced coins, your best choice is millibitcoins. They are still under $1 right now. There will only ever be 2.1E10 mBTC, with the world population of 7E9, which means someday the average person in the world will have 3 mBTC. If you buy 300 mBTC and hold until mass adoption, you will have 100 times the wealth of the average person.

Another excellent coin is the satoshi. You can get 125,000 for $1 right now! What an awesome deal!

chessnut

legendary

Activity: 924

Merit: 1001

Quote from: bnrrpayments on February 05, 2014, 10:14:24 PM

Quote from: BitChick on February 05, 2014, 10:07:18 PM

Too late? Did you read the article that came out today about how most people have not heard of Bitcoin yet? [Suspicious link removed]j.com/moneybeat/2014/02/05/most-people-still-dont-know-what-bitcoin-is-and-dont-care-to-know/

This is still in the early adoption phase, regardless of how it feels to us that are involved with it!

Sure you can speculate with altcoins for the fun of it though.

I am only in it for speculation, credit cards are more convenient for payments. I need a crypto where I could get in early and speculate the hell out of it, like the early Bitcoin adopters did. What is my best shot?

sorry thats a paradox. the reason they are cheap is because they are highly likely to fail in bitcoins shadow. if you dive into a cheap crypto, you will only get what you paid for. As a speculator you should also not be afraid of big numbers because they really dont mean much when you have an asset that has doubled in value 16 times.

bnrrpayments

newbie

Activity: 53

Merit: 0

Quote from: NamelessOne on February 05, 2014, 10:15:59 PM

NXT is a fascinating and innovative new crypo. It is second generation completely new code rather than a simple twist on Bitcoins code. Some people have issues with how the original IPO was handled, but overall its distribution is slightly better than Bitcoin's at this point. Read up on it, it has quite a few interesting features.

Yes, the features are what I need to tout it later to punters and boost the hype. What are some other good selling points for a crypto?

chessnut

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Activity: 924

Merit: 1001

Quote from: Dalmar on February 05, 2014, 10:10:17 PM

Quote from: Ibian on February 05, 2014, 10:04:38 PM

Don't be a fool. The price is determined by supply and demand, the entire world population is the target demographic, and there is less than a tenth of a percent that use it right now. Bitcoin is going to become worth at least a hundred times what it is now within years. You won't find anything with a similar ROI.

Bitcoin is too anarcho-libertarian/cultist to go mainstream. Most of the elites already mock it and don't fear it. IMO, some Ripple/Ethereum sanitized variant of bitcoin that is friendly to regulators and banks will actually become the global crypto of choice. Nevertheless, meanwhile I will of course ride the various BTC waves untill its demise.

are you talking about the bitcoin community or bitcoin itself?
bitcoin is the friendliest form of decentralised currency. you can track transactions on the public ledger.
either a crypto will replace it and become similarly anarcho liberitarian, or bitcoin will succeed.
the only alternative is that a centralised crypto will be formed, and of coarse that will flop.

NamelessOne

legendary

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NXT is a fascinating and innovative new crypto. It is second generation completely new code rather than a simple twist on Bitcoins code. Some people have issues with how the original IPO was handled, but overall its distribution is slightly better than Bitcoin's at this point. Read up on it, it has quite a few interesting features.

bnrrpayments

newbie

Activity: 53

Merit: 0

Quote from: BitChick on February 05, 2014, 10:07:18 PM

Too late? Did you read the article that came out today about how most people have not heard of Bitcoin yet? [Suspicious link removed]j.com/moneybeat/2014/02/05/most-people-still-dont-know-what-bitcoin-is-and-dont-care-to-know/

This is still in the early adoption phase, regardless of how it feels to us that are involved with it!

Sure you can speculate with altcoins for the fun of it though.

I am only in it for speculation, credit cards are more convenient for payments. I need a crypto where I could get in early and speculate the hell out of it, like the early Bitcoin adopters did. What is my best shot?

MonadTran

full member

Activity: 181

Merit: 100

Quote from: bnrrpayments on February 05, 2014, 09:49:37 PM

MaxCoin? DogeCoin? NameCoin? LiteCoin? NovaCoin? FeatherCoin? PeerCoin? Some other coin?

As soon as you feel any of them adds some value on top of what Bitcoin currently offers, investing a little bit might be a good idea. Otherwise, it is pure gambling, I personally would stick to the most stable and well-known solution (which is Bitcoin). Maybe a couple of most stable solutions (+ LiteCoin), just in case. Then find some other decent idea to invest in. A Bitcoin startup, maybe, or something outside of the realm of cryptocurrencies.

Namecoin might offer a bit of something, but is it going to catch up? I have no idea, Tor hidden services, or i2p, or whatever comes next, might replace it before it gains any momentum.

Dalmar

hero member

Activity: 1106

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Life is short, practice empathy in your life

Quote from: Ibian on February 05, 2014, 10:04:38 PM

Don't be a fool. The price is determined by supply and demand, the entire world population is the target demographic, and there is less than a tenth of a percent that use it right now. Bitcoin is going to become worth at least a hundred times what it is now within years. You won't find anything with a similar ROI.

Bitcoin is too anarcho-libertarian/cultist to go mainstream. Most of the elites already mock it and don't fear it. IMO, some Ripple/Ethereum sanitized variant of bitcoin that is friendly to regulators and banks will actually become the global crypto of choice. Nevertheless, meanwhile I will of course ride the various BTC waves untill its demise.

BitChick

legendary

Activity: 1148

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Too late? Did you read the article that came out today about how most people have not heard of Bitcoin yet? http://blogs.wsj.com/moneybeat/2014/02/05/most-people-still-dont-know-what-bitcoin-is-and-dont-care-to-know/

This is still in the early adoption phase, regardless of how it feels to us that are involved with it!

Sure you can speculate with altcoins for the fun of it though.

Ibian

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Activity: 2268

Merit: 1278

Quote from: bnrrpayments on February 05, 2014, 09:54:28 PM

Quote from: Ibian on February 05, 2014, 09:51:08 PM

Not too late. Things are just getting started.

I still don't feel like paying hundreds for something I could recently get for a dollar. So what are my best altcoin options?

Don't be a fool. The price is determined by supply and demand, the entire world population is the target demographic, and there is less than a tenth of a percent that use it right now. Bitcoin is going to become worth at least a hundred times what it is now within years. You won't find anything with a similar ROI.

notme

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Activity: 1904

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Quote from: Eddy Wally on February 05, 2014, 09:53:40 PM

Smartcoin.
Brand new coin! Only 1 week old.

With a nice, large premine. Wink

Peter R

legendary

Activity: 1162

Merit: 1007

Quote from: bnrrpayments on February 05, 2014, 09:54:28 PM

Quote from: Ibian on February 05, 2014, 09:51:08 PM

Not too late. Things are just getting started.

I still don't feel like paying hundreds for something I could recently get for a dollar. So what are my best altcoin options?

People said this in the summer when it was $100. People said this in 2012 when it was $10. People even said this in early 2011 when it was $1.

The upside to bitcoin is $100,000+. Each day that it survives, the probability of it realizing this potential increases. It is still very early....

Dalmar

hero member

Activity: 1106

Merit: 500

Life is short, practice empathy in your life

Stay away from most of them. Their value is merely based on bored/greedy BTC hodlers who try to get higher gains.

People call bitcoin a bubble, but these altcoins take it to a whole nother level.

chessnut

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Activity: 924

Merit: 1001

Quote from: bnrrpayments on February 05, 2014, 09:54:28 PM

Quote from: Ibian on February 05, 2014, 09:51:08 PM

Not too late. Things are just getting started.

I still don't feel like paying hundreds for something I could recently get for a dollar. So what are my best altcoin options?

you must understand that any crypto is in fact worthless if it not going to survive in the long run. the world only needs one crypto. maybe 3-4 will survive. chances are bitcoin will survive and be the top dog. dogecoin..... maybe not.

chessnut

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Activity: 924

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Quote from: bnrrpayments on February 05, 2014, 09:49:37 PM

MaxCoin? DogeCoin? NameCoin? LiteCoin? NovaCoin? FeatherCoin? PeerCoin? Some other coin?

That kind of psychology is going to lose you money. the price is high for a good reason, because the prospects for bitcoin are much clearer than other alt coins. the network effect will leave the alts in the dust.
you must have bitcoin if you invest into crypto currencies - but maybe wait a while first.
I also have some litecoin to be diverse. litecoin is one of the most capitalised beside bitcoin and is likely to replace it if something were to happen to the bitcoin system (not likely)

bnrrpayments

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Quote from: Ibian on February 05, 2014, 09:51:08 PM

Not too late. Things are just getting started.

I still don't feel like paying hundreds for something I could recently get for a dollar. So what are my best altcoin options?

Eddy Wally

newbie

Activity: 28

Merit: 0

Smartcoin.
Brand new coin! Only 1 week old.

Topic: Too late for joining Bitcoin, which altcoin is best? - page 5. (Read 5478 times)