Bitcoin Forum

Cashed out my bitcoins a few years ago (a little too early, oh well) and I'm looking at getting back into it. I'm more interested in Alt-coins etc, since there seems to be a few problems with BTC imo.

I was just looking for a little advice on good coins to be watching. I'm looking for stuff with real innovation and not just one of the 100s of identical coins I've seen.

After a fair bit of reading, I still haven't found anything I feel I can fully go behind. I'm not massively interested in spreading my bets and using exchanges to profit, I'd just like a coin that, after a little research, I feel that I could invest in. I'm happy to research, so if anyone has any links to any information, I'm happy to have a read. If you just want to recommend your coin, tell me why it's good and different please.

I'm not looking for a cheat sheet, just a bit of friendly advice.

Cheers

I'm sorry but there is no alt-coin that can promise you anything.. looking at the charts its like a pump and dump action in the altcoin world.. trust your instincts on what coin that you seem comfortable to invest with..

Every thread like this gets filled with replies from people trying to promote whatever coin they are bag holding. It's very rare you will get any honest advice because most people have their own agenda, and in some cases their agenda will involve making money out of you.

waterpile, and bit tired just gave you the only advice worth reading. NXT has a pretty big presence on this form, so you will get a lot of their shills coming soon calling me an idiot, while trashing their competitors XRP and BTS, while providing links to all of their wonderful Assets that have absolutely no volume. This place is often regarded as the trash bin of the forum, so keep that in mind and HAVE FUN!  ;)

been in crypto for awhile... honestly do your own homework as anyone promoting a coin is a bag holder.... promising coins on my radar are nxt, ethereum, and bitshares... always check with community size when researching.... and of course install the wallet clients to compare. my 2 bits

Just as my fellow poster above, I sarcastically recommend you install anything and everything available on the Internet.

You would be safest buying btc and holding.

But if you want to play with altcoins ... fine. Follow the pump&dumps.  Its a 24 hour a day job and its really easy to get caught holding the bag. There are a few long term investments that might work out for you but most everything is just pumping and dumping these days. Whales and pump groups set up these pumps. Outsiders get screwed. If you are really good with your timing you might make a buck.

Bitcoin is still the best. If you want to buy some altcoins, you must buy bitcoin first! It is still the bear market in crypto, allcoins are following the trend of bitcoin. But recently some altcoins are pumped up crazily. I advise you do your own recearsh before making decision. One question, do you want to invest in altcoins for the long term or just for the short profit? You should keep in mind that bitcoin or altcoins' price is volatile and you should be able to bear the short term loss. As a long term investor, we know the bear maket will be over soon as the bitcoin adoption rate is increasing and its ecosystment is improving. I hope you share the same idea with me!

I have been looking at coins associated with SuperNet (NXT, Vericoin, BTCD). I currently don't have any holdings in NXT however I recently bought a good stash of VRC and BTCD. I also recommend NEM platform, which is led by a group of ridiculously talented developers along with an active community. Look into SuperNet/NEM because that is where the innovation is imho. NXT, XEM and VRC are selling for peanuts right now. BTCD is relatively cheap too. I personally put my BTC's toward innovative projects.

EDIT: Hold BTC too.

Beside Btc itsfelf, the coins (http://www.supernet.org/coins.php) that will be part of the SuperNet (http://www.supernet.org/) project are probably the safest long-term bet as long as one can dare using the word "safe" in cryptoworld  :D

just go here: http://coinmarketcap.com and look at the coins, then choose the one you think has the most potential.

That was a sweet move, CK, pre-emptive attack.  :D
NXT is frigging great, tbh, but XRP and BTS aren't actually competitors to NXT: Ripple isn't even a crypto-currency by most definitions, but is a very useful transfer mechanism, and BTS are concentrating on building DAC/DAO applications in a very different way to NXT.

NXT is a completely open system which empowers crypto-users, allowing people to launch their own projects based on NXT with few restrictions. CK may like to sneer at NXT assets, but every asset represents someones pet project, and some assets are performing very well. Some aren't, but that's only to be expected. Most start-up businesses fail in any case, particularly in a Wild West market like crypto, but NXT-based projects and their associated assets seem to be doing well on the whole.


Steering back on-topic: Put a portfolio together: mostly BTC, and a selection out of the top 10 alts.
If you have any belief in the ideals of crypto (decentralisation, open source, anonymity.....) choose LTC, NXT, Doge, maybe DASH.
If you're happier with more corporate, centralised projects, go for XRP, BTS, MaidSafe.

For a truly solid long term investment, though.....I'd choose some '80s classic bikes: early Suzuki GSX-R and the original M Katanas are gonna explode in price soon.
British 70's cars are also looking very good: Jaguar, LandRover/RangeRover, even Lotus are all appreciating nicely.

Just read my signture ;)

if you want something promising enough that you can invest and "fully go behind." the only option is bitcoin that you have left behind.
this is a good time in the bitcoin price for you to get back in.
and as far as altcoin, if you want something promising you are not going to find it anywhere. but if you want to profit, a lot of coins like litecoin are coming back from the dead and giving good profits.

This looks more like a honeypot thread to attract attention for certain coins.

IMO litecoin(LTC) seems a good investment at current prices becuase litecoin mining reward will halve in next few months that will control supply of LTC and possibly increase price of LTC

Since you're asking for innovative features, NXT has the biggest set of them - you can get a quick overview on the NXT Wikipedia article (https://en.wikipedia.org/wiki/Nxt).


So true! But you are an idiot and XRP and BTS suck... let me provide a link to this wonderful asset (https://nxtforum.org/nxtbubble-com/nxtbubble-com-invest-in-the-house-bankroll-of-dice-like-game/) paying dividends made from the nxt-to-the-moon game (https://nxt.tothemoon.me/)...  :-*

https://bitcointalk.org/index.php?topic=1028433.900

singular develop new p2p fileshare network something not seen in world before

i also think nxt will have big future

I only own NXT

Yeah, it's called NXT marketing strategy.  :P

Sorry, but how many VC are investing in NXT? (XRP adds millionaires like you idiots add worthless assets). How many TPS can NXT do? (BTS can do 40x more than visa and MC combined). Yeah, facts suck! Go get em NXTers. Squeeze what's left of these cherries. Maybe one day someone who isn't an idiot like ThomasVeil, and has a lot more money, will actually take you guys serious. For now... you are nothing but a floundering never was. Yeah, but we have a cool wallet!!!!!! Who gives a shit! You have too many whales just waiting to dump. That's the reason nobody wil touch it. Fuckin clueless investors. Or should I say wannabe speculators. Hehehehehehehehehehehehehehehe! You like Chew N Kok Tommy?  :-X



Btw... I also own NXT. The wallet is pretty cool.

Don't listen to the Bitcoin bagholders who of course want to tell you Bitcoin would be superior but we all know it isn't.
Don't be fooled by the Bitcoin bagholders.
Some interesting alts out there. Bitcoin is in trouble right now alts make sense.

NXT has got to #8 on CMC (and has been higher) without any VC involvement. Extra cash would always be useful, but NXT doesn't need to beg. Unlike a lot of crypto projects...how much VC cash has BTS burned through to get to its current position ?

Your TPS numbers are complete balls, btw: BTS claim to have ran a test blockchain at 100,000 TPS.
Mastercard is capable of processing something in the region of 20,000 TPS at maximum capacity, we can assume VISA has a similar number. This gives a combined total of 40,000 TPS, which makes your claim of '40x more' kind of unlikely, especially if you try doing it in the real world.
https://en.bitcoin.it/wiki/Scalability

Mastercard and Visa achieve these processing speeds thru the use of very large, centralised data centers.I'm gonna assume that BTS will have to throw out any pretence at decentralisation in order to make their 100,000 TPS happen. You'll need the VC investment then, as full-on data centers do not come cheap.
Take a look at what you need:
http://www.mastercard.com/us/company/en/docs/A_Look_Inside_GTO_Brochure_July_2009.pdf

 ::)

I find Siacoin very interesting: https://bitcointalk.org/index.php?topic=1060294.0

I don't know about one alt coin in favor of all the others, as I don't think there is one. Bitcoin still seems the long-term deal, however, I like the following:

Counterparty XCP, has a strong utility use when issuing assets which may grow.
BlackCoin if they ever get a decentralized 'ebay' up and running
Ripple, because they are positioning themselves as the ultimate middleman between crypto-fiat, and seek mainstream adoption
StartCoin, as it has an infrastructure of various products and well-known name backing

I still fancy Litecoin, but it's not anything really special, by that I mean it has no other utility except for being Bitcoin No.2. Still think it might one day appreciate around the 1/3 of Bitcoin mark.

Search for coins with secondary use. There are some interesting projects on counterparty.io such as GEMZ, which may or may not go anywhere but are cheap. With those kinds of stock/tokens/coins look for burning, as that's always a good sign.

I think there will be many more crypto-stock assets issued that will be where there is strong growth within a year or so (maybe, speculating here.)

I picked up some WOODSHARES the other day that will apparently pay me dividends when they sell the timber they grow. Will it actually make me any money? No idea. But crypto-stocks are really an interesting area of growth.

Yup, I'm with you on plurality......if we look at every market across the globe, there are very few that are dominated by one single player, and those are generally as scammy as fuck. Think DeBeers and diamonds.....

Everywhere else, in every free market (apply your own definition of 'free' here) there is always a small group of leaders, and a pile of smaller enterprises bringing up the rear.
To think that only one crypto-currency is going to survive in the long term (next 10-20 years) is very short sighted.

Crypto assets are going to be a big growth market, and NXT is the most accessible and usable crypto-platform for Assets.   

By what standard? How do you quantify most accessible and usable? I'm genuinely curious.

For me at this present time I want my assets on the blockchain with the most capitalization and public interest, which is the Bitcoin blockchain. I don't want them somewhere that can disappear with the wind tomorrow. Although I agree bets should be hedged, I can't see Bitcoin going anywhere really. I can only see an asset on BCBC (bit coin block chain) as more valuable in the long run that anywhere else, because Bitcoin and the blockchain is the most valuable.

Why re-invent the counterparty-bitcoin-blockchain triad?

I'm using accessible here from the POV of a project or asset issuer.
NXT is a completely open-source toolkit with no form of barrier to entry, except a small set-up fee.
This leads to a vibrant asset system, take a look at this lot:
http://coinmarketcap.com/assets/views/all/

Of the 57 listed assets, NXT-based projects are in the majority and definitely show the most variation: exchanges, games  a USD peg, a cafe, a solar farm, JL777 and his keiretsu constructions.....etc. Not all of these will be successful longterm, of course, but some certainly will.

On usability: NXT is very simple to use, once you stop expecting it to be identical to BTC (and it's clones), and asset issuance is not difficult. ;D
Hey, even I managed it...... 8)

On the re-invention of the XCP/BTC/blockchain triad; NXT was established before CounterParty.
The NXT blockchain has been running solidly and securely for the last 20 months, since Nov 2013, and provides a good alternative to using the BTC blockchain.
As XCP isn't integrated into the BTC core, CounterParty are totally reliant on Bitcoin for their entire operation.
This may well work out, but could give XCP issues in the long term. I'm not going to get into the current 1 vs 20 blocksize debate here, but how will XCP function in a competing BTC forks scenario, for example ?

Anyhow, take a look at NXT:
www.nxt.org
www.nxter.org
www.nxtforum.org

and make your own mind up.......

Interesting info Dave. I admit I've not looked closely at NXT before. I'll take a closer look at it. Definitely looks underpriced though, so I may get a long position in the coin at the very least.

You can check out Nxt without downloading the Client or blockchain here: https://bitcointalk.org/index.php?topic=1084085.0


Do your own research. My experience is once people try Nxt, they like Nxt.

Well said.

SPX ICO on YoBit will put profit in your pocket and be a player in the long term

Sign up with Ryan pumper if all you want is profit.

Dont listen on fan boys and do your own homework. Investing is a serious task dont gamble.
If you want earn money with investing, there is no shortcut you need to investigate for yourself if you want to succseed.

First start making some statistical analysis. It is critical to ask yourself the right question.
Make an excel sheet, with for example the following facts. (need to be done for every coin seperatly)

___funfamental facts
- Launch date
- Network hasrate
- features (how much competitioners have the same?)
- community size (threads+lengh on this forum, followers on twitter & facebook)
- design
  (is the name mainstream compatible? ask older/midaged people who dont know about coins what they think)
  (how does the official website look,
  (how does the client look like)


___technical analysis facts
- marketcap (http://coinmarketcap.com/)
- trading volume(http://coinmarketcap.com/)
- on how many important exchanges is the coin aviable? (top30) http://www.cryptocoincharts.info/markets/info

___technical analysis facts2
- High , Low since the last bitcoin peak (03.12.2013)
 then look up the actual price and make a relation in excelsheet to calculate how

how much will you loose when the price goes to the last significant low (between 03-12-2013 and today)
how much will you gain when the price reaches the last significant high again?

make a easy risk reward calculation (Gain devided by risk)

I personally look only for gains above 1000% (10 to 1)
Theorecial example:

Coin XXXX is at the Moment at 0.0006 and the last significant peak was 0.01 and the low was 0.0003
So the Gain vs Risk is  16 to 1 or in words
When you invest 100$
your Risk is 50$ (buying price divided by low)
your possible gain is 1500 (1600-100 startcapital)
This is scaleable off course, you can invest more like 500,1000usd and so on.

dont forget to think in long terms. Dont expect to get rich in 2 weeks.
Bitcoin is counted in months/years. So expect an investment time of up to 2 years.
Only use money you cant afford to loose, my advice:
dont invest more than you can earn with your job in 1-1,5 Months!

If you want to learn more, search for investing methods / trading strategies topics and try to adapt them to the crypto world.
crypto coins are traded like stocks but the gains are much higher - like in forex trading.

greetings