at the moment LTC is the only alt that I would consider trading and investing in... it is also the safest one and the biggest and oldest and most developed
18 months back I would have agreed with you but times are changing, innovations and developments occurring - it pays to keep an open mind and a few satoshis available for new things.
+1
I wholeheartedly agree, however, I am afraid no one is listening to you, Nanobrain. I am actually shocked.
I have now sold half my LTC (which I never imagined even a couple of months back I would do) to get into DRK / MRO and XC and these and other new coins are looking really interesting as well as being wonderfully volatile.
So many coins, yes - but not watching alts for developments is extremely short-sighted.
The volumes for the top handfull of new coins is quite hefty, and as long as you buy according to innovative features, they're starting to make LTC look dated now.
It will not move up with BTC like is used to as most people do not want to spend BTC on alts, but old LTC stocks (and PPC /NMC / XPM... et al) seem unnecessary now.
Coins actually die and disappear every day - and only really innovative ones rise (and rise quickly).
IMHO Anyone not watching is taking a big risk, as well as losing some interesting opportunities.
well IMHO all the coins you pointed above are in a temporary hype, as usually they get pumped then people jumps in wishing to make some profits, and you go around the forum to hear them talking about how great the coin is and it offers this and that and whatnot but the real deal is that most coins are horse shit... seriously there I dont see the purpose of most of the coins, and dont tell me about anonimity and privacy... coinjoin offers the same shit, it was gmaxwell project (idea) and it can be implemented on any coin ( Bitcoin, litecoin, shitcoin....), even if we assume that an anonymous coin would technically survive how and who do you think will adopt that coin ?
the only 2 most innovative coins I came across that really deserved some attention were Ethereum and NXT, sadly the pre-mine (IPO) philosophy killed a fear start, also the market is not really prepared for these features yet... we've got a long path to bring the basic features to masses, only then we can think about going to the next level.
People should be watching NXT. If it were on all the exchanges DRK was on, it would be much higher. It is truly innovative and even if its before its time, it will be ready when its time has come.
NXT is also in discussions with Overstock.com regarding a bond issuance and it will soon become its own decentralized alt-coin exchange, where people can trade essentially for free.
So, because people don't do research, they think that DRK has special features, when, in fact, coins like MRO are much more superior as autonomous coins, while coins and systems like NXT are also capable of having this autonomy built into their system.
DRK is going to crash soon.
Yeah I bought NXT a while back, but it's not moved much in months, although I agree people seem to think it's capabilities are groundbreaking. As for DRK - it's one I am wary of but I have got some and it is way over where I got in. I am in XC (X11) to see what happens too - but I agree about MRO, and it is by far my biggest bet.
I agree not all will succeed, it's brutal out there but some of these will be part of the new value exchange ecosystem that BTC is front-running.
I think there are different roles for coins to perform and - sure - time will tell, but many coins have far more to offer than LTC which I personally think will continue to suffer from only having 'speed' as a reason for buying it. It will not go away in a hurry, but recently I have re-evaluated why I have always held so many and I don't regret it.
I never gamble or bet, but I am sure about investing in LTC that I will take a 1000 LTC or the equivalent in BTC bet on LTC reaching $100 till the end of this year, will you bet against me ?
Hold on. Are you saying that you will take a 1000 LTC equivalent bet that LTC will reach $100 in 2014? Are you serious. If so, I will most likely take this bet.
