Topic: WHAT IS YOUR OTHER CHOICE FOR INVESTMENT AFTER BITCOINS? (Read 3283 times)
Silver and probably right now oil company stock.
BTS, STR, NXT, XCP and finally XRP.
BitBay- Decentralized marketplace, smart contract, double lock transaction. This one has huge potential.
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riding Paycoin waves for now
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riding Paycoin waves for now
Infinitecoin for sure.
I had some infinitecoins this time last year that I sold for about $150. Now they would be worth £7.50 if I got my calculations correct. That was one of the few occasions I picked the right time to dump.
Infinitecoin for sure.
Value follows from utility, so I would suggest there are different classes to be considered.
Class 1: Money
BTC certainly; PPC maybe; LTC perhaps - any other with a large community consensus. Volatile and really more like investment than money. Those that survive will have good number of devs; good size consensus==community; and good utility as spendable currency. Stick with BTC.
Class 2: Money transport
Ripple XRP - limited short to medium term potential but only for large players, everyone else loses and I expect it might fall apart into a duopoly or monopoly as Class 3 does remittances better.
Class 3: Tokens with value pegged to match other assets
BitShares bitUSD, bitGOLD etc - Huge potential to be practical and useful in the real world as currency that's not volatile like Class 1 investments.
Class 4: Tokens that are explicitly linked to real world assets
CounterParty; Mastercoin; BitShares DACs and perhaps Ethereum all have huge potential here - This is where the big money from business will go - real world asset ownership and potential for distributed businesses.
Class 5: Zero value applications, such as private key signing.
Interesting proof of person application in the long run.
Class 1: Money
BTC certainly; PPC maybe; LTC perhaps - any other with a large community consensus. Volatile and really more like investment than money. Those that survive will have good number of devs; good size consensus==community; and good utility as spendable currency. Stick with BTC.
Class 2: Money transport
Ripple XRP - limited short to medium term potential but only for large players, everyone else loses and I expect it might fall apart into a duopoly or monopoly as Class 3 does remittances better.
Class 3: Tokens with value pegged to match other assets
BitShares bitUSD, bitGOLD etc - Huge potential to be practical and useful in the real world as currency that's not volatile like Class 1 investments.
Class 4: Tokens that are explicitly linked to real world assets
CounterParty; Mastercoin; BitShares DACs and perhaps Ethereum all have huge potential here - This is where the big money from business will go - real world asset ownership and potential for distributed businesses.
Class 5: Zero value applications, such as private key signing.
Interesting proof of person application in the long run.
I largely refrain from mentioning Bitshares as I know people one here are very cynic and tend to look upon anybody posting his coin as trying to pump it up. In the last year I may have probably mentioned it less than 10 times.
My point is check it out. I believe it has the potential to revolutionize our society, provided it doesn't get gazumped by other projects which copy it and have better marketing. Even if it fails I am sure the philosophy and ideas will stay on and work as intended.
My point is check it out. I believe it has the potential to revolutionize our society, provided it doesn't get gazumped by other projects which copy it and have better marketing. Even if it fails I am sure the philosophy and ideas will stay on and work as intended.
TinEye, so are you saying that it was a bad idea to get into the XRP scene at 0.0159? You dont see XRP going up any further? According to ripplecharts max time trame for USD/XRP about last year ago it went to 2.3 (I believe) before it started going down due to some protocol's problem that I can't remember now and am too lazy to re-research it again. But it looks like these ripple problems that plagued the protocol looks fixed and the coin is finally out of "Beta", and banks are starting to get into it, banks all over the world seems to prefer ripple over bitcoin which should tell me that there should be hope for ripple's market cap to keep on increasing, for me, it looks like today's (now) price of 0.0177 is just the tip of the iceberg, I don't know if I have these feelings because I invested all of my remaining bitcoins (3) on ripple and would be devastated if it goes back to 0.0049 (you know, the investor's hope), but my feelings seems to have some fundamentals, seeing all these banks getting into ripple.
Also, people on the bitcoin scene keeps on talking about bitcoin being "over sold" and having lots of downward pressure, so if bitcoin comes crashing down hard while XRP stays afloat or rising, then I would have more bitcoins with me if I decide to sell some back to BTC. Lets say BTC crashes to $100.00 and my 95,000 XRP is at 0.0177 thats $1,681 / $100 thats 16.8 BTC and then bitcoin comes back to $350 and I would have $5885. Now, in the other token, if I see BTC crashing hard and I didn't purchase any XRP, then I would feel equally devastated, so its damned if you dont buy XRP or damned if you buy XRP (if you would like to see it that way)
If you think that ripple will indeed come crashing down once again, specially if soon then let me know, at least with some facts that I can read for my self, because I have spend lots and lots of hours researching XRP before I made my investment and lots of more hours researching XRP after my investment to see if I made the right decision, but I may have missed something that you can help me clarify.
Also, people on the bitcoin scene keeps on talking about bitcoin being "over sold" and having lots of downward pressure, so if bitcoin comes crashing down hard while XRP stays afloat or rising, then I would have more bitcoins with me if I decide to sell some back to BTC. Lets say BTC crashes to $100.00 and my 95,000 XRP is at 0.0177 thats $1,681 / $100 thats 16.8 BTC and then bitcoin comes back to $350 and I would have $5885. Now, in the other token, if I see BTC crashing hard and I didn't purchase any XRP, then I would feel equally devastated, so its damned if you dont buy XRP or damned if you buy XRP (if you would like to see it that way)
If you think that ripple will indeed come crashing down once again, specially if soon then let me know, at least with some facts that I can read for my self, because I have spend lots and lots of hours researching XRP before I made my investment and lots of more hours researching XRP after my investment to see if I made the right decision, but I may have missed something that you can help me clarify.
I can't predict exactly what is going to happen. I am saying that it has gone up too fast too soon without any substantial increase in demand. This usually happens when new investors get caught in the hype and buy up thinking they will miss a rally and then when they realise there is not enough profit or even loss they start selling off.
It may still go up, but very likely its going down. The risk is much higher at this point.
I don't have a BTC amount that counts, because I don't think that it can grow 100x from where it is now.
I have small amounts of altcoins though, basically the ones I could "catch the train" when they were very-very young.
The biggest "assets" I have in DOGE and XMR.
I have small amounts of altcoins though, basically the ones I could "catch the train" when they were very-very young.
The biggest "assets" I have in DOGE and XMR.
I invest in my life after Bitcoin and Counterparty of course.
LTC 
what is your other choice for investment for a virtual currency after bitcoins?which virtual currency could gain value in the coming months?dogecoins?ethercoins?litecoins?
The currency that will surpass Bitcoin in popularity is Goldcoin. However, the greatest unknown at this point is: at which point in time.
LTC for the win!
IMO DOGE has plenty of potentials for more growth and it had plenty already.... and in emmm CLAM. mostly it's just a bump-dump thingy but it is interesting so far.
I only invest on BTC, but sometimes I spend 5 minutes of my day earning some other altcoins like Doge or XRP.
I don't really invest much money onto any crypocurrency though, too risky IMO and I don't have the spare money to invest a decent amount.
As many people said before, XRP has a bright future, but many other altcoins could have one as well. It's practically a gamble, so that's why I don't bother investing anything other than my time in them (and a bit of effort of course)
I don't really invest much money onto any crypocurrency though, too risky IMO and I don't have the spare money to invest a decent amount.
As many people said before, XRP has a bright future, but many other altcoins could have one as well. It's practically a gamble, so that's why I don't bother investing anything other than my time in them (and a bit of effort of course)
all new coins are basically like betting on sport, you lose 90% or you win 1000 %
Have to agree on that one. Timing is important. If you mined that new coin from beginning, it is those 1000 %If you buy, you get them 90 %
I hold
coins, "because" ... and that because has to be reasonable. "It can only go up, up and up" is no valid reason. "To the moon" is no valid reason. When reading a newbie account reasoning the next freshman into the last phase of a pump&dump scheme that way, I tend to believe Crypto will fail on the long term, inevitable outcome.A reasonable "because" has to be a hard fact. That goes beyond beeing all shiny. Take a coin between fingers and inspect it up close. What makes it unique or innovative? Where will be a market where it gets some use at least?
Even Bitcoin has to struggle on that last one now. The "black markets" argument has expired at least since the n-th Silkroad gone busted.
all new coins are basically like betting on sport, you lose 90% or you win 1000 %
*insert the name of coin bagholding here*
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