Bitcoin Forum

Hello, community.

Today i lost my last chances for freedom. This is nearly 100% is tomorrow i will go to the jail for the next 6 years.

I have near $15000 and want to buy some coins. What do you think which one should i buy? I already bought eth and gnt.

i have never heard about gnt but you certainly made a big mistake buying ETH because first of all you should never invest in any altcoin for long term because they are never showing any potential in long term. secondly ETH is one of those coins that may die some day or stay half assed forever. and every day a new bug is found in the code.

if you want to invest only invest in bitcoin because it is the most trusted, battle hardened crypto currency that you know is going to keep value and even rise in long term.

even bitcoin is not a 100% but if you give bitcoin like 70% altcoins are 10% and less sure investment!

if i have that amount, my choice is only bitcoin and you should ask for help of your family or your friends to save it into your wallet, better if you have one person that can be trusted for save all of your money so you don't have to worry.

Bob? is that all you have left?

https://golem.network - $9 millions ICO for 20 min. They have money for the next 4 years of development. Why would they fail?

Same story with eth i think. Vitalik like a genius. Nice team. Lot of money.

Zec can replace bitcoin for the next 4-5 years i think, coz z-transactoins is very powerful.

for the same reason the other 1000 altcoin with same start up failed.


well, all i can say is good luck, and if you really think so and have came to this conclusion then you don't really need my advice :)

Nope. This is just my mind. I need help here, this is why i created this tread. I red really lot of information for the last month. But i'm not a specialist. I never heard about any altcoin with same ICO. If you know about it - please tell me. I know about DAO, but this is not altcoint as i see.

i believe in 6 years most of the coins running now will not exist, probably there will be some new tech born from the coins of today

i would buy metals like gold or silver for long term storage of value

Putting up money or investing money on those coins are just waste for sure even we say you are willing to wait for 6 years i dont think that coins that you mentioned will still exist or die along the way. If you are sure on the money you will put into cryptocurrency then its better to go for Bitcoin all the way since this coins could somehow assure us that it will surely grow on upcoming years.

Very unfortunate that this things happen to you,but my recommendation is to give your 80% to Bitcoin the price chart indicate it is the best coin to bet,the 10% I recommend Burst coin you go to it's official thread here and forum and see how good to invest here,the remaining 10% is Fermat very promising coin with strong potential..

for 6 years since you are not probably going to have any access to your investment and also the fact that you are investing a big amount of 15K i suggest you consider other kinds of investment and even diversify, like investing in gold and bitcoin but never all bitcoin and certainly never all altcoin. keep less than 5% in altcoins and do 50% gold 45% bitcoin

This is a very good diversification on the OP's money on which this is a good move and we should really not put our money on a single investment and we should make some partitions since not all of them does reach success in the end and might fall for upcoming years. Investments have do always risk but minimizing losses is the best way to do by diversify.Gold is a best choice together with bitcoin same as yours.

The best choice I would advise is on bitcoin. Many of the altcoins will not be around in 6 years but bitcoin is the leader of the pack and will remain at the top for a long time. Since you are investing a large amount in a coin, you cannot afford to take big risk and need to find a coin that offers lots of liquidity. Bitcoin is the only coin that satisfies all these condition.

I see you have decided to compound one mistake with another.

You better buy bitcoin and hold for next 6 years but if you will not be able to get updated regarding bitcoin price and sell your coins inside jail better to deviate your holding to bitcoin = 50%, monero = 20%, ethereum = 20% and zcash = 10%.

Sorry to hear that you will be going to jail for 6 years.

Best option now i sto buy bitcoin because now that cryptocurency is the most popular in the world and it is still grwing right ow and it will reach big amount in next years so better be prepared and buy it for big profit.

6 year is very long time
you can't control your asset, we don't is altcoin is now good 6 year later still exist or gone and replace another coin, or down price
is good you investment property, and then lending or loan to another person
property every year incraese price
or gold because same every year incraese price and ready physic

I would do something like 50% Bitcoin, 25% Monero, 15% Factom, 10% Ethereum.
(Putting most into Bitcoin and diversification among two or three other coins with strong potential over the next few years.)

Personally I don't invest a ton in brand new coins, but if you put a small amount in a new project there is the chance for a large return.
And also the chance to lose the money completely.

If you have to invest 6 years out you want a sure thing and not some random ass gamble in crapcoins.  It's possible Bitcoin could not even exist by the time you got out.  I'd go 70% silver and 30% Bitcoin if you have a relative that can actually store the silver.  The US dollar itself will probably be dead 6 years from now and metals will be very expensive but there's no guarantee Bitcoin will exist or not.  

Here's a brief comparison I did the other day comparing Bitcoin vs silver upside:

I'll go all of it for Bitcoin your $15000 could triple in 6 years,but of course you need some one you trusted that can access your wallet in case there's a crash or a new innovative comes that comes out that you might want to trade,so many things can happen in 6 years.

You should choose bitcoin, but not invest all of you money in it. The risk of the price of Bitcoin going down really hard is very low, but it still exist. I would go 67% fiat (maybe a low risk investment in a bank) and 33% bitcoins.

The dollar will not exist in 6 years and "investing" in fiat has never been a good investment:

Hey man, sorry to hear that.

Not to sadden you but 6 years is a crazy long time. Especially in crypto where time flies much, much faster. 6 years is basically an eternity in crypto. In fact, as others said, Bitcoin itself might not be around by that time. Personally, I highly doubt that though.

The next BTC reward halving is about 3.5 years away. That should push the price high.

But, even if the price would triple, that's still a pretty shit return for 6 years if you ask me. And while $15k is a nice sum of money, in the perspective of 6 years it's a pretty small amount so I wouldn't go crazy and expect miracles.


Honestly, if I were you, I'd invest that money outside of crypto. I'd probably give it to someone who I trust who has a business and a head on his neck...

And I would definitely not invest in gold/silver, in fact, long term I would avoid them like the plague.


But if I had to invest in crypto, I'd go 100% Bitcoin.

If they have a commissary account, put the max you can on that.  No sense running out of Ramen and peanut butter while you in the hoose gow.  Aside from that, buy bitcoin.  Stay away from the other cryptos.  In six years they ain't gonna exist and den you be broke.

Don't buy gold or silver, that's one of the dumbest things you could do. Precious metals are an old paradigm. Invest in the future, not in the past. Put 25% in Bitcoin, 50% in an ETF that tracks the S&P 500, like VOO, and 25% into tech company stocks (If you're feeling like a risk taker, buy Tesla, if not then do stuff like Google, Baidu, etc).  People who spout nonsense like "The dollar is going to collapse!" are dimwits. These nuts have been around since forever. Those who listened to them after 2008 (i.e. invested in gold/silver/canned food/ammo) got wrecked, while those who invested in real estate or stocks did very well.

I've been listening to people say this for 20 years. Please slink back into your doomsday bunker, while the rest of us move civilization forward, thanks. Gold will not be worth $20,000, because at that price the dirt in my backyard would be considered valuable gold ore. Before gold even gets to $5000, 1000 new mines would open up, supply would increase and your shitty speculation rocks would collapse in value from oversupply.

By the way, how have your investments been doing over the past 4 years? Intelligent people, who invested into the future, and not the past, saw 50% gains. Dimwit gold bugs saw 35-50% losses.

Oh wow, you aren't just a dimwit gold bug, you're also an anti-semite piece of garbage. Sad.

Load of bullshit.  This is basically what the Jews type in the Wall Street Journal about gold to try and bottom the market before they buy it all and send the price 5x higher.  Last time they did this was when they were spamming gold and silver are "barbarous relics" you need to dump.  Turns out that was the bottom of the market when you should be buying instead.  My first ever big investment was going all in on gold at $420, so your lie that everyone "loses" in the metals market is complete bullshit.  Only people that don't know what they're doing.  Metals have been great for me.


JIDF shill detected.  And there is also no reason to buy gold right now.  Everyone that knows what they're doing buys ONLY silver when the GSR is over 50:1.

You can make money speculating on anything. That doesn't change the fact that gold is a bad investment. Even if it maintains its current price against inflation, there are thousands of opportunities that will out perform it. Of course I wouldn't expect a dimwit antisemite to understand that. Enjoy being an envious loser.

Spamming the word "antisemite" only works to persuade other Marxists.  Since I am not a Marxist, it's more of a joke or compliment spamming that at me.  Hate to break the bad news to you, but ever since the invention of the internet, just about everyone knows who runs the malevolent, usury banking and media monopoly.  Have fun trying to prop up your dying Marxist usury scams and preventing all the angry villagers from coming after you while I'm happy to sit on the right side of history basking in the glory of ginormous metals gains.

What are you smoking? I'm staunchly pro capitalism. I hate Marxists with a passion. You sound like a bitter old man.

Practicing cultural Marxism makes you a Marxist period.  Marxism is 1/2 economic and 1/2 social engineering.  A real capitalist believes in freedom of association and doesn't care about what others do or believe.  But I have no interest in talking to you since you're an obvious garbage shill account, so I'm outta here.

Are you sure with this statement I'm going to jail or just joking. COncerning your question there is no other coin but Bitcoin, it has been tested and proven over and over again.

That's probably for the best. See ya!

I'm not jocking. 6 years. But after 4 years grant of parole can be.

Yeah, sure take financial advice from the guy who somehow manages to bring jews and Marxists into a simple discussion...

I have to go with sui_generis on this one, "Don't buy gold or silver, that's one of the dumbest things you could do".

I'm not saying you can't make money with them but that doesn't mean that's not a dumb idea to invest in long term.

Only hold bitcoin to be safe. You do not want to go out of jail and realize that the coins you held are all scams and are worth 0. This will make you really angry and look for the people responsible and might do something really bad to them causing you to go back to jail again. ;D

Ive never heard gnt will be a good altcoin to invest with in the
first place. Eth, is not good for long term investment, you
migh lose of the coins you choose. For me if I have that
big amount, I would rather choose to invest in bitcoins,
I just hold it for long term investment because for sure I
will earn profit.

Bitcoin and some Litecoin would be the best way to go.

I think OP wants cryptocurrency to be able to hide it, and deny that it exists, I think OP's plan is to create a BIP38 wallet, memorise the pass-phrase, and publish the key somewhere where it will not be taken down by the police (preferably on the blockchain).
Gold and fiat can be confiscated.

I am assuming the OP is looking at creating a brain wallet and memorizing it. Furthermore there is no access for six years. The objective is a coin or coins that are likely to be around in six years and would keep or appreciate in value. A portfolio approach can be very useful if one or more of the coins fails entirely. This is a risk with all crypto. I am not including assets such as fiat or precious metals since this may not be a practical option for the OP.

I would not recommend Bitcoin at all because of the blocksize debate. If the current paralysis continues for six years there is a very significant chance that Bitcoin could loose a major part of its value. Furthermore the lack of a tail emission in Bitcoin lies at the heart of the blocksize debate in Bitcoin, since there is no long term solution to securing Bitcoin and allowing a blocksize increase, that has been proposed with just transaction fees  I would want exposure to one or more coins with a tail emission. My choice would be:

1/3 Litecoin.

Litecoin is a good choice since it has considerable history and stability, has 4x the block capacity of Bitcoin and is very well placed to learn from Bitcoin's mistakes while being very similar to Bitcoin. Litecoin does have the same fundamental problem is this area as Bitcoin; however it has the opportunity to learn from Bitcoin and is further behind in the emission curve. I would consider this the "traditional" part of the portfolio.

1/3 Monero

Ok I am biased in favor of Monero since I am a Monero holder and core team member. Monero is very well placed to benefit from a blocksize crisis in Bitcoin because Monero has an adaptive blocksize and a tail emission. It is also based on an entirely different codebase from Bitcoin. The fungibiliy / privacy / anonymity aspect of Monero becomes also a real bonus here.

1/3 Dogecoin

This is actually a very effective hedge for a failure in Monero because it also has a tail emission but is otherwise very similar to Litecoin and Bitcoin.

Edit: Disclosure. At this time I hold a position in Monero, but do not hold positions in Litecoin or Dogecoin.

Ok, thanks community. This is really very important for me.

I guess i have no internet connection for next at least 4 years (or maybe 6 years). So.

I bought: 20% ETH - I really believe in this project. I think Vitalik is genius and making word a better place :)
              20% Bitcoin - Probably it will exist in next 4-6 years (I'm not sure, but so many smart ppl think so)
              20% Golem - This is great project and i truly believe it can be something really big.
              15% ICN - If somehow this will alive... I think might cost really nice.
              15% ZEC - I believe zec can replace bitcoin for next 3-6 years. Why not? Z-transactions is really nice. Smart team. Nice hype.
              10% Wings - I like DAO idea and this is the best project for today.

I spent $16 800 for this. I really hope everything will be ok. I wish you guys only good news. Thanks a lot to everyone who tried to help me. I hope this is forum will be exist for the next 6 years.

Peace !

Both was a good coin in my mind, but you may put a once another choice, and that's ICN. And you may invest a lot in the btc because I think it will give a lot of guarantees for you to hold some btc for the future.

Good decision, good luck for the future, dude. ;)

I have to agree here. Holding Bitcoin for the next 5 or 6 years is the safest plan of them all.

You must buy bitcoins for some money and not all of them in altcoins, because of you have bought ETH and there is no wrong you buy ETC too, the reasons is ETC is original of ETH and ETH is hard fork coin, it is mean you still not buy real ethereum coin. And i am sure it will be survive for six years later. After you get out from the jail you become rich people.

I dont think etc or eth are good investments because the only on e strong coin that hasd survived for over 5 years is bitcoin thats why I agree with the guy who said buy all bitcoins and hold.

Well let me clear some point you :
On the my first wroting You must buy bitcoins for some money and not all of them in altcoins,
The second the OP has bought ETH and GNT I already bought eth and gnt.
And the last the OP said What do you think which one should i buy?
So i gave him my opinion about altcoins and ETC, but everything depend on the OP what will he doing and i just give my opinion because of the OP questions.

You inversted smartly. Add Monero to your collection, it's going to be huge.

All of those coins will be worth 0 besides Bitcoin when you get out.  And Bitcoin price will either be much higher or 0.

Some already said Monero. I would add Waves, which I feel like better option than ETH.
And keep a big part of that money in Bitcoin, it still seem to be the safest choice.

....But my answer may be late already...

Everyone do express their opinions regarding on their own views and they really do answer OP's question. Hes askin regarding on the coins that he invested which is not really bad since its his decision but most people here do say that bitcoin would be the best choice and i do really agree with that.

You may need to learn again about the definition of hardfork , dude. You just make me laugh. OMG. And Ethereum is a hardfork coin. The funny jokes ever.
 :D :D :D :D :D :D :D :D

60 % BTC
10 % Monero
5 % ETH
5% XRP
10% Waves
10% LTC

You would have troubles in just one day to get all wallets and learn how to put coins on the and secure them properly. Planing to leave them on exchange for 6 years is same as just  throw them in a garbage.

That's why I told him to only buy bitcoin and hold that shit. Its going to make him rich in 6 years.

bitcoin and ripple

And you must start learn reading carefully before made posts and start understand about the OP questions.
It will become more constructive.
You can start reading my last statement and opinions.
I don't know if you are ETH lovers or losing your money because of made investment into it,
But be ready for more lost the money on there.  ;D

Don not fight with him. We should all be playing nice here like kids in the sandbox.

Ripple? Dont be so stupid and dont try and screw the guy over. He's already heading to prison he has it hard enough.
Ripple.

 :D

Go for bitcoin! It's the only sure bet to still be there 6 years from now.

LOL what ?  :D

Did it occur to you maybe he deserved it ? ..we don't know, he didn't say.

@OP
I would consider maybe Litecoin.. MAYBE !

But i would most likely just stick with it all in Bitcoin then put my wallet.dat on a usb drive and stick it in a bank vault or something.. bury it somewhere ?

Sorry but 6 years ? That is a LOOOONG (BAD) time to sit on Altcoins !

Oh and uhhhhh WTF ?
I just seen story of a guy who killed and robbed an elderly couple and his lawyer is asking for 4 to 6 years.

Where i live you get about 6 years for manslaughter sometimes.
And chronic bank robbers can get that much too.. i have known a few of them.

SO.. if you are sentenced to 6 yrs.. you had to have done some pretty serious shit.
But don't worry though.. Rob feels sorry for you and your "unfortunate" situation :D

Oh and the BobSurplus comment earlier was funny LOL
Is that all you got left ? hahahha

BTC, ETH and MAID.

MAID is very cheap right now so you'll be able to pick up a lot of coinage and hodl for those 6 years.

What's the stretch for?

keeping your money in cash is the best option for 6 years and the best thing if your problem with law was not of financial form is to put it in a bank to get some profit also.
but as investment I prefer two things only for long term: bitcoin and gold.
and don't invest in anything other than bitcoin in cryptocurrencies because none of them are going to be around for 6 years! and even if they are their prices are surely not going to be as high as the time you buy them.

Ripple will be huge. it has more companies than any other blockchain. open your mind. its not a conventional blockchain and has a market.

ITS FUCKING CENTRALIZED.  It's never going to be what it promises.

If you put it in a bank you can collect guaranteed interest.. rather than Crypto-Gambling.
You will also most likely be able to get at it easier later if you jail supports transferring funds to the jail for you.
Many let you do this i am pretty sure.

I am shocked someone would even consider sitting on any Altcoin for 6 years.
Should it not be obvious that it's a monumentally risky idea ?
The odds are clearly heavily stacked against you even breaking even let alone profiting.

But since you mentioned already buying ETH and that other coin (What ever it is)
..i take it then your mind is already made up.

I also think something is not right here.. this topic is fishy.
I am skeptical your story is true.

Damn dude! I just have to recommend you to get into ICONOMI (ICN ). And what are they?! They are more like and investment fund which invests into good projects and altcoins and pays dividend weekly. They start paying the dividends hopefully by Jan 2017 first week or so.

ico.iconomi.net

ICN is also a good investment for long term since im one of its early investors i could say that this coin has the potential, regarding to OP i would suggest to invest too same as you said but dont invest all of the amount he had its better to put either 1/2 or 2/3 of his total money to ICN and the rest would be on Bitcoin.

Gulden NLG  8)

Anything was running for well, in the iconomi project, But just need about the further announcement will be releasing by the team at the end of December. I was curious about watching about where the project will go.  But I feeling doubt about the dividend had promised by the team will run for well.

New Economy Movement (XEM)

When the New Economy Movement emerges, a utopian light will shine on this world and all prisoners (who are political prisoners of the regime) will be freed.   :o

ZCash could be the best. You might even use it in jail when dealing with dark market. It might be popular there.

Does jail have internet access?
I see a problem with that, messages like this could result in escapes:
"Hello fellow gang members, from 9 to 13 we are let out of our cells and allowed to wander the yard, and the area is enclosed by a single layer of barbed-wire fence, I know of a place the guards don't see, please come with wire cutters. Be sure to warn me in advance."

Only Btc! Sorry to hear that!🙈

Yes fishy store! In 1 day you cant get so fast coins i think if he hold cash etc!?
But btc is the only way!
After6 years btc can be 2000-3000$ so he will get out more rich 😜
But if he got 6 yearshe may go out after 4 years?
What about weekend out come faster?

nothing, iam never but altcoin to hold is very long time
altcoin is still inflation, so if you buy altcoin you can reduce your capital money or maybe altcoin can scam is 6 year later
you can buy bitcoin or gold is the best investment in hold
but you want in online investment, bitcoin is the best is now
but your must other family very must every week or every month must disccus with you about bitcoin price 

You want to buy Monero or Auroracoin.

Two sure bets.


~BCX~

go at least 80% bitcoin..... everything else is a pure gamble if your going that long.

the main problem here is the timeframe of this investment which is a long time (6 years).
many things can change in this long period. even bitcoin or even gold can go down a lot, because we don't know what can happen.

the only thing that is sure is fiat itself. but as an investment you should always divide the capital into multiple things and always have a way of pulling out if they go down. for example you can get someone who you trust to do it for you and if you can find that person you can then think about going in full.

With messages like this on bct, I think crypto is over.

It was over in 2013 before you regged your account here..

I think you miss my point.  I think that people are completely losing sight of what crypto is about, when they write that fiat is the sure thing.

Hold trumpcoin. :D

6 years is a long time. I wouldnt trust in any coin except Bitcoin to survive for such a long perid of time. Maye about 10% ETh but everything else is dead in 6 years I guess.

It's far more of a sure thing than all Altcoins combined.

FIAT is 100% backed by the worlds govt's.
It's why the US fed reserve exists in the first place.
It's why there was bail outs in 2008 after the recession that hit.
Which by the way was essentially nothing more than a copy of shitcoins being traded..
hollow worthless investments that eventually collapsed under the weight of greed.
Just like the Altcoin scene.

Who is bailing out Altcoins ?

First of all put at least half of your money into Bitcoin, its the safest haven .

second i feel confident enough to recommend my project Europecoin.
We will be here for you in six years.
And i am confident enough to take responsibility for that claim,
by having my identity and address public available:
http://www.bitcoinsulting.eu/contact-us1

please make yourself a picture, to find out, we are standing out of the mass:
https://bitcointalk.org/index.php?topic=901605.0

Six years is a freaking long time, sorry for that.
Feel free to keep in touch with me during that time in any way you need and you are able to.

keep having fun, write letters, read books and maybe write one - life is worth it
you are on my personal support list now.

a smile from Germany
Matthias

Er, unless you intend to break him out, he's already in prison?

Lol what you do? Steal something or fraud? Invert in BTC.

ZCash replacing Bitcoin? I don't think was ever a possibility. ZCash is insanely slow and resource demanding, plus nobody should trust a project that depends on the developers destroying the masterkey that would give access to the entire supply without anybody realizing movements are being made.

Your situation is an special one... I wish to know an altcoin myself with realistic possibilities to make me rich but I can't think of any. Maybe put 1000 in ETH, 1000 in XMR, 1000 in other altcoin of choice, then the rest all in on BTC.

He didn't even tell us what he did to get there. What a fail thread.

If this is not a joke, the best advice is to store BTC as the most stable currency which will pobably still be up in 6 years.

BTC, ZEC or Monero.

Good luck with your investment, ETH is superior project, and GNT is listing on Poloniex right now, you may make a huge fortune in 6 years if they will be still trading there in next 6 years, and don't forget to check your balance in 2022.