Topic: While sobbing that one missed the train!Whats the next best thing to Invest! :) (Read 2240 times)
November 16, 2013, 12:40:01 PM
As I said before there is a lot to contemplate when investing in altcoins so do your own due diligence and try not to let others comments affect your decisions too much.
November 15, 2013, 11:43:14 PM
Well, BTCChina might include PTS or PPC or NMC instead of LTC.
Who knows whats going on their minds.
Who knows whats going on their minds.
November 15, 2013, 11:39:48 PM
Instead of the market cap, I would just take the BTC value and divide by 4 which means its still undervalued.
But BTC has a lot more services (you can buy gold, etc) then LTC. If LTC can catch up that way, the value will go much higher. Of course if Mt Gox or BTCChina puts it on the exchange, its a no brainer.
True. I believe that LTC will be added to BTCChina shortly, as soon as they feel the Chinese market needs another coin to invest in
If the BTC payment processors like BitPay add support for LTC then it will catch on like wildfire.
One of these things will happen soon, and it will just be a gigantic domino effect.
November 15, 2013, 11:36:55 PM
Max number of coins that can be minted/mined,
BTC: 21 million coins
LTC: 84 million coins
Current block size reward,
BTC: 25 BTC
LTC: 50 LTC
BTC: 21 million coins
LTC: 84 million coins
Current block size reward,
BTC: 25 BTC
LTC: 50 LTC
Thanks.
So obviously LTC is at a disadvantage in terms of maximum number of coins to be produced. (1:4 ratio)
I don't know if this will effect the price so much when people get sick of the high price of BTC and look for a more reasonably priced alternative.
Not sure how the block size reward effects it's value.
Instead of the market cap, I would just take the BTC value and divide by 4 which means its still undervalued.
But BTC has a lot more services (you can buy gold, etc) then LTC. If LTC can catch up that way, the value will go much higher. Of course if Mt Gox or BTCChina puts it on the exchange, its a no brainer.
November 15, 2013, 11:27:01 PM
Max number of coins that can be minted/mined,
BTC: 21 million coins
LTC: 84 million coins
Current block size reward,
BTC: 25 BTC
LTC: 50 LTC
BTC: 21 million coins
LTC: 84 million coins
Current block size reward,
BTC: 25 BTC
LTC: 50 LTC
Thanks.
So obviously LTC is at a disadvantage in terms of maximum number of coins to be produced. (1:4 ratio)
I don't know if this will effect the price so much when people get sick of the high price of BTC and look for a more reasonably priced alternative.
Not sure how the block size reward effects it's value.
November 15, 2013, 11:24:12 PM
You probably need to factor the max number of coins that can be mined and block rewards too.
I don't know about those things.
(I know of them, but do not know the specific values)What say you?
Why not Yurizhai?
Bitcoin has market cap 50 times larger than Litecoin. If you multiply Litecoin's current price times 50 (the future market cap if it continues growth to the level of Bitcoin), it's price would be half of Bitcoins current price per BTC.
So it's reasonable to assume if growth continues (to 50 times current market cap, matching current Bitcoin market cap). it will be worth the same price of Bitcoin's current price.
Of course the growth is not linear, but it's safe to assume it is a good measure of value.
Max number of coins that can be minted/mined,
BTC: 21 million coins
LTC: 84 million coins
Current block size reward,
BTC: 25 BTC
LTC: 50 LTC
November 15, 2013, 11:19:16 PM
You probably need to factor the max number of coins that can be mined and block rewards too.
I don't know about those things.
(I know of them, but do not know the specific values)What say you?
Why not Yurizhai?
Bitcoin has market cap 50 times larger than Litecoin. If you multiply Litecoin's current price times 50 (the future market cap if it continues growth to the level of Bitcoin), it's price would be half of Bitcoins current price per BTC.
So it's reasonable to assume if growth continues (to 50 times current market cap, matching current Bitcoin market cap). it will be worth the same price of Bitcoin's current price.
Of course the growth is not linear, but it's safe to assume it is a good measure of value.
November 15, 2013, 11:16:31 PM
Litecoin price is $4.25 x 50 = $212.50.
Bitcoin is priced at $400, so about half.
I don't think this calculation makes any sense man.
November 15, 2013, 11:15:03 PM
Agreed about Litcoin.
Current Bitcoin market cap is $5,114,793,045
Current Litecoin market cap is $98,327,956
Bitcoin is 50 times the market cap of Litecoin.
Litecoin price is $4.25 x 50 = $212.50.
Bitcoin is priced at $400, so about half.
Litecoin is half the price of it's true value IMO.
Of course there are other factors to consider besides market cap, but it's always a good place to start.
Current Bitcoin market cap is $5,114,793,045
Current Litecoin market cap is $98,327,956
Bitcoin is 50 times the market cap of Litecoin.
Litecoin price is $4.25 x 50 = $212.50.
Bitcoin is priced at $400, so about half.
Litecoin is half the price of it's true value IMO.
Of course there are other factors to consider besides market cap, but it's always a good place to start.
You probably need to factor the max number of coins that can be mined and block rewards too.
November 15, 2013, 11:10:01 PM
Agreed about Litcoin.
Current Bitcoin market cap is $5,114,793,045
Current Litecoin market cap is $98,327,956
Bitcoin is 50 times the market cap of Litecoin.
Litecoin price is $4.25 x 50 = $212.50.
Bitcoin is priced at $400, so about half.
Litecoin is half the price of it's true value IMO.
Of course there are other factors to consider besides market cap, but it's always a good place to start.
Current Bitcoin market cap is $5,114,793,045
Current Litecoin market cap is $98,327,956
Bitcoin is 50 times the market cap of Litecoin.
Litecoin price is $4.25 x 50 = $212.50.
Bitcoin is priced at $400, so about half.
Litecoin is half the price of it's true value IMO.
Of course there are other factors to consider besides market cap, but it's always a good place to start.
November 15, 2013, 11:03:17 PM
The best new altcoin is Gridcoin.
http://www.gridcoinnetwork.org/
https://bitcointalksearch.org/topic/gridcoin-grc-first-coin-utilizing-boinc-official-thread-324118
Mining is based on participation in the Berkeley Open Infrastructure for Network Computing. You can choose from anything from cancer research to searching for aliens. It is similar to curecoin's idea but with a different approach and more options for research projects. The active development team will make it a real contender.
http://www.gridcoinnetwork.org/
https://bitcointalksearch.org/topic/gridcoin-grc-first-coin-utilizing-boinc-official-thread-324118
Mining is based on participation in the Berkeley Open Infrastructure for Network Computing. You can choose from anything from cancer research to searching for aliens. It is similar to curecoin's idea but with a different approach and more options for research projects. The active development team will make it a real contender.
November 15, 2013, 10:48:14 PM
PTS train is still working for now, but the next diff change, probably not worth as much. I like Curecoin and the backing of the FRK community for Folding@Home, a good cause and also earning coins. That's a win win situation.
November 15, 2013, 10:08:01 PM
My guess will be between NMC, WDC or GLD that's my 2 cents. Is all about momentum and one of those coin is going to get in a huge way.
November 15, 2013, 10:00:44 PM
Off the top of my head four coins that get my attention are litecoin novacoin namecoin and worldcoin. not in any specific order they just ones that I think may have potential in the future oh and devcoin peeked my interest also.
Due your homework on them before buying in is my advice.
Due your homework on them before buying in is my advice.
November 15, 2013, 06:09:27 AM
Quote
I like NMC (Namecoin)
As do I, it has a use other than than just a bitcoin grow box at this point
I believe a good long term bet is MegaCoin, sort term however... CGB is about to climb.
November 15, 2013, 05:49:28 AM
Quark Coin is the next big thing!
The worlds first multi-algorithm, 30 second confirmations, and reward block size is about to half!
Check it out at Cryptsy ! https://www.cryptsy.com/markets/view/71
The worlds first multi-algorithm, 30 second confirmations, and reward block size is about to half!
Check it out at Cryptsy ! https://www.cryptsy.com/markets/view/71
Wow, QRK price just doubled on cryptsy...
Only 4 days left for halving block reward...
November 15, 2013, 05:31:20 AM
eMunie is going to be huge!
November 15, 2013, 04:59:20 AM
Just have patience. Something will come up, whether it's a bitcoin correction, or hot altcoin. Keep an eye on things, I will be!
November 15, 2013, 04:40:03 AM
Look at the stats here http://bitinfocharts.com/ and decide.....
I like NMC (Namecoin) because
1. They have the 2nd highest Difficulty level after btc, making them secure
2. They are 2nd highest in volume of transactions after btc (altho ltc sends almost 60x the dollar amount)
3. They are the unique tokens required for the alternative .bit domain system.
Get'em while they're cheap, for a long term hold is my opinion.
Personally, I need them for domains I will have use for in the future.
I like NMC (Namecoin) because
1. They have the 2nd highest Difficulty level after btc, making them secure
2. They are 2nd highest in volume of transactions after btc (altho ltc sends almost 60x the dollar amount)
3. They are the unique tokens required for the alternative .bit domain system.
Get'em while they're cheap, for a long term hold is my opinion.
Personally, I need them for domains I will have use for in the future.
November 15, 2013, 04:26:16 AM
Quark Coin is the next big thing!
The worlds first multi-algorithm, 30 second confirmations, and reward block size is about to half!
Check it out at Cryptsy ! https://www.cryptsy.com/markets/view/71
The worlds first multi-algorithm, 30 second confirmations, and reward block size is about to half!
Check it out at Cryptsy ! https://www.cryptsy.com/markets/view/71
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