Bitcoin Forum

Thoughts?

DeVCoin, maybe? It is so cheap right now that even a satoshi either way in price is nearly 5% ...

Yet in the past it has gone for 300 satoshis or more.

-MarkM-

A $100 gamble seems reasonable, but would you not say, that now, it looks like it maybe simply dead?

Don't be silly. It is a merged-mined coin, it has lots of supporters, including more and more authors who write for Devtome and get paid in DeVCoins, it has lots of bounty offered for upgrading of its code to incorporate all the fixes I0Coin has that all the merged mined coins are going to be needing, heck it even has a huge use in finance, so much so that the amount of secured loan that is denominated in DeVCoin is way the heck more DeVCoins than will even actually exist for years to come.

DeVCoin has hardly even started yet. It is no way about to die.

But, now might not be the best time to buy. Who knows, it might drop to one satoshi per coin if all the Devtome authors continue to throw away their DeVCoins ridiculously cheap. So watch them and see just how cheap the Devtome authors are willing to throw them away for!

On Vircurex I have offers at every possible price in satoshis both up and down from the actual margin gap where the trading happens, so I sell when people want to buy and buy when people want to sell. Slowly over time my total hoard of the combo of BiTCoins and DeVCoins there thus grows little by little. Being the patient one whose order sits waiting to be taken is the profitable way to go it seems, the people who want their order processed immediately pay for their impatience, in effect. And every satoshi of price is a big percentage!

I would suggest doing as I do: place orders at one satoshi, two satoshis, and so on all the way up to somewhere vaguely close to the current trading edge, when people sell to them, start putting sell orders at every satoshi starting somewhere up above the current trading point... It takes patience but moves of several satoshis each way do happen quite often.

It is really nice being able to sit at every possible price. Most, maybe all, other coins have way too many decimals not commonly used so would take thousands or millions of orders to do that whereas with DeVCoin you can cover all possible prices with just a few hundred orders or less. Others you end up in battles with bots arguing over prices because there is so much space typically available in the price granularity. With DeVCoins you can just blanket-fill all possible prices so you don't have to worry about all that finicky changing of prices fighting with the bots.

-MarkM-

Bitbar. There are only 7500 outstanding so you could get a large percentage cheap.  Expect to see it over .01 in the not too distant future which is almost 10x its current value.

Longer term values are Megacoin and Anoncoin due to their superior development work.

Look into CGB  :)

lol

Namecoin, it's fix is going to be implemented within the next couple of weeks, and its old price fluctuated between 3x and 6x its current ones(priced in btc).

Ppcoin/Peercoin is the first POS coin, and has a very active developer. It's community has recently started to become much more active, hence the price rise from 40 to 65 cents ea. I expect it'll probably begin rivaling litecoin sometime in the next three months.

Mastercoin, Seems interesting- I bought a couple- it isn't really functional yet, but has a couple million dollars invested in development/bounties/etc... And is money supply is limited to 600,000 coins, one of which is currently around 0.1 btc ea.

Primecoin- less than the others, but its still pretty new, and at it's all time low in terms of btc, has pretty much remained constant in terms of usd.

I don't know about you guys, but I personally like alt-coins that are a bit established. Those that have some history of active development and an active community behind it. At the moment that'd be Litecoin, Peercoin/Primecoin, and Namecoin. Everything else is too great of a risk to put any significant amount of $$ into (but good to throw your spare change at!).

Very interesting points, care to elaborate the namecoin fix? Any links you could share on that? Thank you!

What namecoin fix? I didn't know it needed another fix already so soon after the fix they did a while ago - fixing the thing where anyone could hijack anyone's domains. ???

Maybe the problem they fixed came to more people's attention than did their fix of it?

-MarkM-

Thanks for elaborating. I really like the concept as I do agree that people who contribute such valuable work to the open source community should somehow be compensated. If it catches on in the future it could really be worth something. My main concern is who decides where the 90% of generated coins ends up. I am a little bit unclear on that and will do some more research. I'm about to buy $50 of it though, you never know right? :-)

OP was asking about greatest ROI.  The greatest gains have already occurred in established alts. compared to the possibility of lower market cap alts.  As with any form of investment, if you want a higher return you have to take on greater risk.  If it was an obvious investment, everyone jumps on the train and returns reduce rapidly..

Tagcoin  :)

Well just place an offer, as lately people sell more often than people buy. So don't bother accepting a seller's offer, place your buy offer and wait for them to come to you. Every satoshi difference in the price is a large percentage remember!

-MarkM-

On that note, lets bring back up the supposedly "dead" coins. People thought BBQcoin was dead for a year, allowing people to rack up huge hoards of it using only CPUs.

That was the best ROI by far.

Look at things like Fairbrix, Tenebrix, Coiledcoin, and Geistgeld, especially those last two as they are merged mined. Fairbrix and Tenebrix might well suffer whatever fate awaits all this year's scrypt coins, but Coiledcoin and Geistgeld might easily be "sleepers"... As soon as they get picked up by a meged mining pool boom they will catapult in difficulty like I0Coin did on its comeback and like Groupcoin did when it was picked up almost incidentally alogn with I0Coin.

Which come to think of it, hey, is Groupcoin on an exchange yet? It might be a good candidate because it is on the merged mining pool same as I0Coin but maybe unlike I0Coin it might not be on an exchange yet so you might be able to pick some up cheap over the counter before it gets on any exchanges...

Coiledcoin and Geistgeld though you don't even have to buy, just add them to your merge so they are basically damn near free right now until some major merged mining pool picks them up!

-MarkM-

I would have thought Peercoin would be a good one. It's been around for a good while now, has a big following and a mostly stable exchange at the moment. Plus doesn't seem to suffer from the same ASIC on / ASIC off difficulty fluctuations of other coins

Yeah but anything that is already worth that much has less room to multiply in value before hitting some value people will perceive as high and develop resistance at.

Things currently going for less than a penny are probably best, or if you must maybe consider something that is already up at a dime or so...

Most things worth a buck aren't likely to jump to $100 very fast, at least probably less fast than something going for a penny might jump to a buck. ???

-MarkM-

@MarkM,

I though that the domain fix was happening at block 150,000 with the hard fork- its what I was talking about. I might be mistaken.

Aside from that, I just checked Mastercoin prices, apparently it's gone up 100 percent from 0.1 to 0.2 btc in the seven days since I bought it.

Yep good point. Guess it's not the best one to make a quick buck on :)

I'm hoping Zetacoin might jump up at some point. Someone was kind enough to sell me 250,000 for something like 0.03 BTC - It seems to be pretty stuck in the low end now though. Should have sold when it was at 0.000004 for that brief time.

ITT: people recommend the coins they are invested in.

I'm not suggesting that things like bitcoin, litecoin, and ppcoin aren't good investments, just that if you are looking for a fast high ROI to multiply your bitcoin-buying, litecoin-buying and/or peercoin-buying budget with you probably want things that are dirt cheap but that aren't non merged mined coins that are proof of work using a proof of work that dozens of other coins also use, because the miners jump all over the place so most such coins are probably doomed.

Even a new proof of work could easily find at any moment that dozens of other coins that spring up overnight suddenly turn out to also use it so might not be any better really than the already common scrypt and SHA proofs of work.

That keeps bringing me back to the merged mined coins but also looking around for any proof of stake coins that aren't massively overstaked by their pre-mine or too high difficulty for me to easily rake in solo mining.

(I look at things like Emerald for example that one can snap up a bunch of overnight solo just in case they ever take off.)

-MarkM-

Yeah, that's exactly what I was trying to get at with this thread, coins that could return 100x your investment easier than others. As you say, a change from $0.01 to $1 is more likely than $1 to $100, simply due to human psychology. Then the problem becomes picking the most likely cheap coin that has potential to achieve the $1 mark

So far thanks to this thread I've decided:

• To buy $100 of devcoins, $30 already purchased.
• To seriously look into namecoin, and possibly buy $100-$500 worth of it after I learn more about it.

I'm not involved with any coins other than holding btc and xpm currently, so a little bit less biased than some...  I look for coins challenging the proof of work model because any copycat coin won't be the 100-fold return.  Primecoin is possibly a half year old now and is up there in market cap alongside the veteran coins.  I'm putting my money into eMunie on launch which is not a fork of any current development.  Might want to check that out.  I'm also trying curecoin on launch this weekend.

no way devcoin is ever going up in price again its been goign down consistently for at least half a year, and by a lot, its unlimited amount of coins that can be made make it inflationary

Maybe I should keep my holding at $30 then :P

Plus devtome is largely a shithole filled with copypasted wikipedia articles and other lifted content.

I like the concept of devcoin, but it's execution has been horrific.

Just in the last couple of days people bought all my devcoin sell offers up all the way through to 29 satoshis, so yeah it does go up, at moments, for moments.

But there are more and more new authors joining Devtome who seem to just want to cash out, so of course those higher prices are just momentary; if you sat such prices on the buy side the authors would sell into them as many coins at it took to bring the price down again. The trick is to sit waiting, not to go oh I want an order to be executed right now.

Devtome might just be a massive mistake for the devcoin project, since it pays people who have no interest in free open source, instead of seeking out authors who already have a lifestyle of contributing to free open source writing(s).

Basically it seems to have abandoned the original idea of rewarding people who already do freely contribute to free open source projects, on some theory that eventually this way it will make money from advertising and that money can be used to support the real goals.

Going off chasing money instead of the real ideals may have kind of not turned out so great afterall.

-MarkM-

Exactly

Well the reverse happens too, y'know. If I am to recommend a coin, I'll recommend it to myself first. So naturally I'll be invested in it by the time I tip off other people about it.

If I wasn't you'd justifiably be asking how come I am not invested in it if it is so great...

But okay, fine, lets play contrarian...

...Tell us all about the coins that are too crappy an investment for you to have bothered investing in...

-MarkM-

yeah if not sell them, since the amount of total coins isnt, limited like bitcoin, there is inflation with it, also devcoin has been around years and hasn't gotten anywhere, so its not the best, i would suggest other deflationary coins,

+1 on eMunie. I'm currently in PPC and CGB and I will certainly be adding eMunie upon its release.

I'd suggest CGB, MEC and eMunie.

Best coins for me are:
- Developed: PPC, NVC, XMP & LTC.
- In development: Curecoin (https://bitcointalk.org/index.php?topic=330685.0), Qixcoin (http://qixcoin.com/), Netcoin (http://www.netcoin.io) and other innovative stuff.

For best ROI if have no idea, when BTC/USD falls any coin goes up.

Developed as in features? LTC?  :D

Protoshares hands down. About to be worth more than litecoin.

This is happening, very soon. Especially after it hits an exchange.

Oh don't tell them! The protoshares difficulty is high already for gosh sakes! :P

What are you thinking about TAG while we're on corporate-sponsored coins?

-MarkM-

TAG has some good features but it's mostly hype. I wouldn't touch it if it was the last crypto on the planet.

Devcoin!  It's at an all time low.

TEK, CENT, and Unobatanium if you can get the clients to sync LOL


~BCX~

That crap? Yes, I do agree. You do however need to be an expert to sync their clients  :D

Hype like professional development, deployed services, and financial backing? Hopefully more think like you and TAG keeps flying under the radar. The rest are just hobbies...

Hey I made this xxCoin, it has professional development with no credibility whatsoever, deployed services which don't exist and financial backing which can be provided by just about anyone, but it still makes me special.

Sorry, which alt are you referring to that can match TAG's services and backing? And if you think the developer has no credibility you have no idea what you are talking about.

What services, what backing? I don't see no evidence there.
This backing: 22    TagCoin   $ 54,165?  ::)

On the internet: Hey, I'm an soft. engineer with 20+ years of experience.
In reality: google.com --> learn C++

You're an idiot.

I think we all know Bitbar should have a market cap of 1 bill or so by mid 2014. Seems like a safe bet.

You're a TAG fanboi, even worse.

Peercoin (PPC). Great developer, active community, energy efficiency is now up to 30% more energy efficient than Bitcoin.
PPC is really on the move. Over $0.60 USD now.

https://i.imgur.com/sZaXRAE.png

  ;D ;D ;D

Probably will be within this week. I vote PTS as a good ROI and cpu mining it's way more quieter than gpu mining....lol....

Won't know what will happening when Bitshare spawns from the genesis block, each PTS is one Bitshares and what ever DACS that follow with it....


It's on www.btc38.com, but it's a Chinese market site, no English version yet: http://www.btc38.com/trade.html?btc38_trade_coin_name=pts

Thanks for the tip. It looks extremely interesting. I completely agree that having my USD in an exchange always feels unsafe. A decentralized exchange thus, is super. What multiplier of ROI would you estimate it will have?

Franko because its fair, and rare.

Don't forget Shitcoin.

I have noticed that. We do need an English exchange.

BBQCoin   ;)

Some unexpected support in here guys.  Kudos! :)

People support just about anything these days.  ::)

I'll offer 2 btc for the 250000 zetacoins.

I'll offer 2 btc for the 250000 zetacoins.

MEC.

Vote for PTS.
Most potential.

Long term, the best bets are LTC/PPC because they're already established. After them, whatever is rare and currently undervalued. Look for BTB and DMD for example.

NMC is also interesting for its application, but with the recent price swings it seems way overvalued - as almost anything these days...

obviously it'll be something that isn't established now but will be in the future.  It's likely one of the established things will go down in flames to one of the new things (see everything in the history of the net, like say myspace)

unless you have inside info I think anyone's guess is as good as mine

I second this

http://megacoin.net/mega.png

Joking aside, megacoin.co.nz looks promising, and the software client is tweaked, way better for newcomers than the Bitcoin-qt, that's my opinion at least..

Sexcoin, unless you know somewhere else where you can buy cute little toys for coins...  ;)

I lol'd.

Stablecoin now maybe.