qrk, doge, ltc - large dedicated communities.
btc - always hold a few
ppc - a few
gambles i like because big upsides
dmd, phs, cgb, qqc, vel, icoin, new adt2, bee, cash, huc
Topic: What do you think is the best coin to invest in right now and why? (Read 6268 times)
February 25, 2014, 06:32:31 AM
February 25, 2014, 06:10:28 AM
I am looking at a potential 100% return in a few months.
LoL. You can get 100% return in a few hours by picking the right pump and dump alt coin.
I never saw the appeal of World Coin (apart from endless cries of "great community" which kind of smacks of desperation). It's not even particularly fast any more by today's standards (see for example Coino, Quark, Doge and a host of other coins). Not that speed is important anyway (in my opinion). Anything under 2-3 minutes is enough for a crypto currency.
The fact is that all Alt coins are just proxies for Bitcoin, so it doesn't matter which one you're in - they're all the same with different names and websites. Their values are measured in Bitcoin and the only reason people buy then is so that they might end up with more Bitcoin.
One or two have a very slight snowball's chance in hell of replacing Bitcoin if it ever falters - IMO PPC, XPM and LTC do in that order. That's about it. Meanwhile there are 3 categories of possible alternative cryptocurrency networks which could co-exist with Bitcoin. These would be:
[1] - store of value coins (Ones which are not used for day-to-day trading but are held as high value reserves). For me that's PPC, XPM (which were designed as such)
[2] - 2nd generation networks (which support all kinds of meta applications such as de-centralised exchanges, contracts, coloured coins etc). So that's NxT, Etherium, Mastercoin etc
[3] - liquidity coins. These are massive supply currencies who's value bobs about and which are used for buying groceries and throwing around in large amounts. So that's things like Doge and Tips
The rest may have specialist functions and may have markets, but those are the ones that stand out for me because they are unique - not clones, have properly designed roles in the crypto-economy and are who's value is not based on irrelevant criteria such as "it's fast" or "great community".
As much as I can't stand Doge, out if principle, this is the first sensible things said on this thread!
+100
February 25, 2014, 06:04:11 AM
Bitcoin is the best. Any coin based off of bitcoin code is just a giant scam, seriously. Bitcoin had a novel idea, but any coin that copied bitcoin was just a developer's way of getting rich off of people who were also desperate to get rich. It takes a real coin to bring something totally new to the game, not just a different hash or encryption. Many coins developer's say they are doing something new, but really aren't. For example, it has better encryption so it is safer, but has bitcoin's encryption ever really be a big problem? Or "We give to charity!" That is good, but that doesn't make a coin good. To that end Nxt is completely new and interesting and solves the whole "mining" issue that is quite wasteful and unnecessary. Sure, when bitcoin came out, mining was a useful way to get people involved and help build the concept of cryptocurrency. Now that it is established that, yes, cryptocurrencies can actually work as money or as a transfer system, there is no more need for mining. Bitcoin has the ability to last quite a long time, but any other coin that is not doing something radically different or just trying to ride in the bitcoin enthusiasm wave without doing anything special is really not even worth giving a second look. Mining encourages people to jump in head first and dump, or to try to hold and manipulate the market and we all know that isn't really so good for a coin. PoS of NxT is much better but not perfect because to some extent it encourages people to hoard. NEM, which hasn't been released yet so it doesn't really count and which looks towards Nxt is trying to come up with a system based in part on PoI, which will encourage people to spend! A cryptocurrency needs to be used, spent and traded to live! I am excited to see what the future brings, not just with NxT and NEM, but other coins that come up with alternatives to mining that are much more economical, stabilizing for the currency.
February 25, 2014, 05:48:09 AM
It's like Warren Buffett always tells me, you got to be greedy when others are fearful and fearful when others are greedy. You want to invest your money in the coin that everyone is scared to invest in, and you want to stay far away from the ones everyone is clamoring to get a hold of. I'd buy some cryptographic anomalies if you can find anybody to sell them to you. In fact I already did.
February 25, 2014, 05:29:44 AM
runaway winner is bitcoin, #1 due to massive network effect
2nd place for the next year before the 10k blockchain reward is in effect is dogecoin http://dogecoin.com
3rd place is vertcoin http://vertcoin.org
litecoin imho is dieing, look at their reddit logged in users its very low versus doge or bitcoin
2nd place for the next year before the 10k blockchain reward is in effect is dogecoin http://dogecoin.com
3rd place is vertcoin http://vertcoin.org
litecoin imho is dieing, look at their reddit logged in users its very low versus doge or bitcoin
February 25, 2014, 05:21:03 AM
One that's seriously undervalued ATM and can be used to buy Newegg, Amazon and Steam cards at a discount direct.
^What he said.
If you hadnt guessed NOBLECOIN.
February 24, 2014, 05:17:58 AM
No better chance then investing in CGB at this point. It's trading bottom of the range and they are rocking solid. This moment will soon be gone.
https://bitcointalk.org/index.php?topic=245086.2040
https://bitcointalk.org/index.php?topic=245086.2040
+1 and DARK coin
February 24, 2014, 05:16:27 AM
No better chance then investing in CGB at this point. It's trading bottom of the range and they are rocking solid. This moment will soon be gone.
https://bitcointalk.org/index.php?topic=245086.2040
https://bitcointalk.org/index.php?topic=245086.2040
February 24, 2014, 05:09:41 AM
I'm thinking mincoin. https://bitcointalk.org/index.php?topic=484397.new#new
February 24, 2014, 04:58:58 AM
I like Litecoin
Best value to durability ratio right now in my book...
Best value to durability ratio right now in my book...
February 24, 2014, 04:13:04 AM
MINTcoin has more than doubled in value in the past 12 hours
Sounds like a good reason not to invest right now...
I vote for Cryptogenic Bullion.
- Active development and very active and growing community
- Rare
- 94% mined: past heavily inflationary mining stage
- Extremely undervalued at the moment
- Only about $80 daily maintenance cost
- POW/POS hybrid
Plus there is even more. Come join us at http://www.reddit.com/r/CryptogenicBullion/. Giveaway for new suscribers to get you started!
February 23, 2014, 08:34:08 PM
MINTcoin has more than doubled in value in the past 12 hours
February 23, 2014, 05:15:46 PM
One that's seriously undervalued ATM and can be used to buy Newegg, Amazon and Steam cards at a discount direct.
'well what one?Just went from 55 to 80.
February 23, 2014, 05:01:13 AM
Noblecoin
Solid coin with great devs and an outstanding community. It has had awesome support right from day one thanks to the pre-release work and vision of the team and falls into a very short list of coins I think are viable for the long term.
Solid coin with great devs and an outstanding community. It has had awesome support right from day one thanks to the pre-release work and vision of the team and falls into a very short list of coins I think are viable for the long term.
I got an eye on noble too. I really like the dev
February 23, 2014, 02:39:34 AM
Noblecoin
Solid coin with great devs and an outstanding community. It has had awesome support right from day one thanks to the pre-release work and vision of the team and falls into a very short list of coins I think are viable for the long term.
Solid coin with great devs and an outstanding community. It has had awesome support right from day one thanks to the pre-release work and vision of the team and falls into a very short list of coins I think are viable for the long term.
February 22, 2014, 09:09:13 PM
IFC:
Max money supply: 90,600,000,000
Price: 0.00048 RMB right now (www.bter.com)
Block time: 30 seconds
As you can see, IFC has a gigantic issue size, an extremely low price and can be confirmed quickly.
IFC enjoys good popularity in China. There are a lot of IFC websites, forums, and even TV advertisements.
Most important, its mining is coming to an end, only few coins are mined out everyday. This way, the price of IFC will not be pressed by the selling of newly-mined coins, it can rise with much more ease.
For BTC, newly-mined coins everyday is about 1.6 million dollars, Litecoin 400,000 dollars, Doge 400,000 dollars. For a coin without the selling of newly-mined coins, the price is difficult to fall. On the flip side, even a small amount of buying can pull up the price. As a result, the market maker will be able to pull up the price easily and make much profit.
The author detected the existence of a market maker (on a big Chinese trading platform www.bter.com) in December last year, and successfully predicted his movement of pulling the price from 0.00051 to 0.0097 within 10 hours. Then the market maker somewhat stopped pulling (he is supposed to pull higher and attract new buyers), and began to act against the author, he turned around to lower the price in order to absorb more coins, I guess the reason is that the market maker suddenly saw the poster.
The author possesses 1.5 billon coins, together with his readers’ buying, there are about 10 billion coins. This is the main reason why the market maker acted against him, he wants to grab the coins out of his hands.
From January 27 to today, the price of IFC has been going down continuously for 25 days. It doesn\'t fall with BTC, neither does it rise with Doge, it behaved abnormally and began to dive recently(see the chart below)，now the price is lower than the market maker’s position-building cost. It is a golden opportunity to buy in!
http://www.bit-sky.com/images/2.jpg
Despite the author’s favor on IFC, he now seems to be sick and tired of playing mind games with the market maker.
IFC also has its drawbacks, worry about its hashing power, risk of 51% attack, etc.. The author suggested 10% allocation of your money on this coin. You may lose, of course. Anyway, what we are playing is probability.
For further information, click here:
http://www.bit-sky.com/index.php/english/357-20140222-17-15-special-analysis-on-ifc
Max money supply: 90,600,000,000
Price: 0.00048 RMB right now (www.bter.com)
Block time: 30 seconds
As you can see, IFC has a gigantic issue size, an extremely low price and can be confirmed quickly.
IFC enjoys good popularity in China. There are a lot of IFC websites, forums, and even TV advertisements.
Most important, its mining is coming to an end, only few coins are mined out everyday. This way, the price of IFC will not be pressed by the selling of newly-mined coins, it can rise with much more ease.
For BTC, newly-mined coins everyday is about 1.6 million dollars, Litecoin 400,000 dollars, Doge 400,000 dollars. For a coin without the selling of newly-mined coins, the price is difficult to fall. On the flip side, even a small amount of buying can pull up the price. As a result, the market maker will be able to pull up the price easily and make much profit.
The author detected the existence of a market maker (on a big Chinese trading platform www.bter.com) in December last year, and successfully predicted his movement of pulling the price from 0.00051 to 0.0097 within 10 hours. Then the market maker somewhat stopped pulling (he is supposed to pull higher and attract new buyers), and began to act against the author, he turned around to lower the price in order to absorb more coins, I guess the reason is that the market maker suddenly saw the poster.
The author possesses 1.5 billon coins, together with his readers’ buying, there are about 10 billion coins. This is the main reason why the market maker acted against him, he wants to grab the coins out of his hands.
From January 27 to today, the price of IFC has been going down continuously for 25 days. It doesn\'t fall with BTC, neither does it rise with Doge, it behaved abnormally and began to dive recently(see the chart below)，now the price is lower than the market maker’s position-building cost. It is a golden opportunity to buy in!
http://www.bit-sky.com/images/2.jpg
Despite the author’s favor on IFC, he now seems to be sick and tired of playing mind games with the market maker.
IFC also has its drawbacks, worry about its hashing power, risk of 51% attack, etc.. The author suggested 10% allocation of your money on this coin. You may lose, of course. Anyway, what we are playing is probability.
For further information, click here:
http://www.bit-sky.com/index.php/english/357-20140222-17-15-special-analysis-on-ifc
February 22, 2014, 08:38:54 PM
Namecoin.
It has bitdomains, and now the freespeechme plugin:
http://www.freespeechme.com/
Things starting to move...
It has bitdomains, and now the freespeechme plugin:
http://www.freespeechme.com/
Things starting to move...
February 22, 2014, 08:16:02 PM
Dogecoin...
February 22, 2014, 08:15:48 PM
One that's seriously undervalued ATM and can be used to buy Newegg, Amazon and Steam cards at a discount direct.
'well what one? Jump to: