Bitcoin Forum

Hello all. I know this is more of an alt-coin forum post but it is also strong speculation. I am wondering your opinion on what is the best coin to invest into? The BTC train hasn't passed, but it is starting to get a bit unaffordable. I am wondering what coins I can get in mass for a low price which (speculatively) are looking prospective?

None

You can still buy satoshis pretty cheap.  ;)

mBTC

Its likely the in the long run no alt coin will out preform bitcoin.
but that dost mean their isn't opportunists in the alts
i like FTC personally, but its hard to say which alt coin will survive and hit critical mass.

I disagree, I think medium term bitcoin is going to dominate. But long term it's just another crypto and not really the best.
The way I see things ending up is there are many intermediaries like paypal, dwolla, something else etc, that mediate between cryptos and businesses.
Each coin supported by an intermediary would only be like 1% extra work (probably much less), so then people can pay in whatever crypto they want, the business gets cash and the intermediary handles all the conversions, security etc.
But then when you look at this situation what makes bitcoin a better crypto?

I'm still invested in bitcoin and want to see it do well, but I just don't see bitcoins first mover advantage keeping it dominant forever.

CGB.  :)

Megacoin...

look at the numbers for yourself...

megacoin.co.nz

Diversify.

CGB
ANC
DGC
MEC

those are my top-4 to get into right now. all cheap right now.

If I were you, I'd look into Worldcoin (WDC). It's traded on like 6 exchanges (mcxnow.com being the largest volume) and it has huge support behind it. Development is active, people are building new sites and services at all times, and it has gone from a $100k to $1.5m market cap in the last 2 months.

Benefits:

fast, 30 second block time, 1 minute confirmation time (compared to bitcoin's 10/30 minute block times/confirmation times)
reward that is decreasing 1% weekly to reward early adopters but not distance middle-road adopters.
great community on irc at irc.freenode.net, channel #worldcoin
WDC will have a USD to WDC exchange built out with a beta released on December 20th, 2013 - scharmbeck.com

If you have any questions about it, please stop by our irc channel. You can use a web-based irc client on the Worldcoin Foundation website to get connected:  http://worldcoinfoundation.org/contact (http://worldcoinfoundation.org/contact)

-gudmunsn
Core WDC Developer

http://bitsharestalk.org/index.php?topic=5.0

i invested small in PPC and i mined a few protoshares...

what FTC, really , I didn't expect that from a long time member, to not mention the Pre-mine and the attacks that FTC had the checkpoint system and FTC "devs" are strugelling to bring FTC to date.

conclusion invest in BTC or LTC, BTC is still cheap also LTC has a great potential, other than that I wont risk my money.

ProtoShares
http://buypts.com/ (http://buypts.com/)

PTS (ProtoShares).

megacoin

PPC, XPM. Later PTS, but I'd wait for the first big dump on Cryptsy :). Maybe TAG, but not sure. Will see if it can take off.

Datacoin is a new concept coin which can give him long life and good support. If developers start using it as decentralized storage, it will be very popular.

Litecoin , don't listen to these fools

LTC and TAG. The rest are hobby coins only good for pump and dump.

http://bter.com/trade/yac_btc

Can you link me to Datacoin's main thread or webpage?

here it is:
https://bitcointalk.org/index.php?topic=325735.0

sorry, posted invalid link first time

Thanks. I've been away from *coins for a long time. Trying to get updated on what's going on
Datacoin seems innovative. Any other innovations? I was away since around PRimecoin came out

It seems to me that no innovative after Primecoin (except Datacoin  :) ). Curecoin still in development. There are other coins with new algos, but no one for using hashpower or blockchain for something except coins.

LTC price follows BTC but mostrly for speculation reasons. Also it may have developers actively supporting it but provides nothing new or innovative against bitcoin. So between the two the choise is obvious.

What's your take on the BitShares one?

My suggestion litecoin, ppc and xpm. This will likely increase.

Ah, sorry, I forgot about 3rd side of innovations - not only "algo", "engineering", but also "financial", so yes, BitShares are like financial innovations.

PPC is the most interesting one. I believe at some point, the Proof of Work coins will realize the hardware race is unsustainable, and turn to PPC's Proof of Stake system.

1+ PPC would have its place in the future.

LTC, DGC, and SRC

development on DGC and SRC is active, fiat exchange should be out in december. coins need services to survive, that's what's happening for DGC and SRC. Baritus plans to integrate the marketplace along with the exchange, as well as setting up a virtual bank to set loans in DGC. Time will tell :) do your research!

Only DEM coin.

eMunie hands down. It has the potential to replace BTC. http://forum.emunie.com/

XPM is mined with GPUs nowadays?

Glad to see it getting some more attention these days. 2014 should be a bright year for PPC.

If you haven't check out peercoin.net and join the community over at peercointalk.org

I just bought some DGC... low price and they adjusted supply so middlecoin pool and similar cant mine and dump it

Take a look here (http://coinmarketcap.com/).

Bitcoin has been the best chance always. LTC, PPC and XPM have good potential.

LTC, PTS, XPM

Long time trader here,

Right now BTC is at a low and is going to start growing again. These hearings have been positive, and this means Altcoins will usually fall against BTC (but still rise in USD).

Even so their are some historically strong coins with active communities and specifications. If I were to invest into Altcoin I would diversify approximately this way:

25%MEC 20%DGC 15%ANC 25%LTC 7.5%PPC 7.5%XPM

Guaranteed to make profit, Likely even in BTC.

Good Luck

What is MEC? Mega coin?

Yes, it is megacoin.

Alt coins so far add absolutely nothing substancial to the idea of a crypto-currency. They range from complete rip-offs to changes like in pow or in the hashing algorithm. On top of that most of them were created as pump and dump schemes.

This is not true for all alt coins. Some of them offer genuinely different features.

https://www.gldtalk.org/devteam/evil.png


That's like saying BMW didn't bring anything substantial to the auto industry. Heck, we already had Fords.

Your broad sweeping statement basically insults thousands of community members and software developers working to better their own individual cryptocurrencies.  In the case of Goldcoin we've invented a 51% attack defense something not yet present in Bitcoin.

And there are countless other innovations being introduced by other coins.

It depends on how its done. Some of them kinda make no sense, others look to have unlimited coins at first but really don't like Peercoin.

afternoon coin whores,

most alts are likely to worth 0, but I can tell you what are in my stash, they have the most chance to survive, reasons are:

LTC - the classic alt, has acceptances
PPC - the original POS
XPM - the original prime mining
Ripple - I got a chunk on the first giveaway, so I sit on it too lazy to covert to btc
MasterCoin - aka the greed coin
PTS - I don't have it but it might be something

well 2012-2013 were all about new schemes of money distribution coins, I think 2014 will be the coins for distributed exchange/smart property and what not

honestly, when BTC hit 10k$ by the end of 2015, I could no care less of alts live or die.

Most altcoins are just clones worth 0.

But there are some which are different and some work has been put in. Maybe these might be used in future, who knows

The fact that you use cars to make an analogy with decentralized digital crypto currencies indicates that you have no understanding of what's going on whatsoever.
Thinking of bitcoin and altcoins as different brands of a product is what is insulting, if it wasn't so ridiculous per se.


Go fill a patent before another brand or a patent troll steals your invention.

https://www.gldtalk.org/devteam/chess.png

Let's not forget that the Bitcoin developer abandoned the project ENTIRELY and disappeared 2 year ago!


Consumers WILL look at these coins as brands just as they do Visa, Mastercard, and Discover.


We welcome others to use it. It's something called "open source".  ???

just curious, but exactly HOW MANY of those GoldCoin meme's do you have?  :o ???  :D

Even if you consider just the payment processing nature of crypto currencies alt coins doesn't bring anything important to the table.
For example some coins bet on faster confirmations but that proved to be not enough.

Also it seems that you are missing out something very important. Consumers are here already and they don't use altcoins. Only speculators do.
So no. Consumers don't and WILL NOT look at these coins as Visa and Mastercard.
 

Not enough. I follow my own advice and slowly average in over the long term.


Wrong again. There's an upcoming Bitcoin Magazine article featuring a painter that accepts Goldcoin for his artwork. We're still early here in the game. Welcome to the cutting edge of reality.

Buy a bit of everything.

Remember that guy who turned $27 into $1 million.

That only works if you buy the coins when they are like fractions of a cent.

Datacoin, which has just popped up in the last couple of days is a simple concept with really interesting implications. I can imagine it starting a whole new wave of coins specifically for storing different sets/types of data.

Coins for distributed computation like primecoin and curecoin are also really interesting, although I think these are more for altruism than profit.

Even the new none clone coins aren't that different to the end user.  CureCoin could be good, at least it is doing something useful with the processing power.

SecureCoin [-SRC-] @ .00029!*imo* Looks like a legit dev team on board here!!!!


https://www.cryptsy.com/markets/view/88

 ;)

---hold tight!---

YAC has traded today on a 100% range on bter.com. There was a difficulty change yesterday and miners have suddenly stopped pumping coins, so there's little sales.

So what makes DGC or ANC have edge over likes of PPC XPM and LTC?

Atm investin in LTC XPM PPC and soon pumping some to MEC.

Bitcoin is number 1, however I just bought some Litecoin, am interested in Peercoin.

XPM is a "sleeping giant" imho!!!  8)
*accepted here~>
http://bitcoin.clarkmoody.com/

https://www.cryptsy.com/markets/view/63

MST/Mastercoin a legal type coin!

https://www.cryptsy.com/markets/view/62

But you have to remember this Mastercoin is NOT this lastly released Mastercoin (MSC) that is based on higher protocol level of Bitcoin.

mastercoin is premine trash , LITECOIN with its 200 million marketcap is the best altcoin end thread

I forgot to add "NOT" in my previous post (edited before a while).
And I think people here wants basicly to know which from current coins worth right now like a few cents are worth of buying and will likely reach $1 or more.
I think it's Megacoin.

Litecoin is a pumpjob ! i want to believe but when you have even the biggest masterminds pushing and it still goes nowhere it makes me wonder?  ::)

title   
Best Alt-Coin to Start Investing Into?

answer . Litecoin

Litecoin is a bloated pig!(overvalued) ~ many other altcoins are wayyy better imho!  8)

ya ok lol , Stop trying to advise people to not buy litecoin so you could buy some for cheap , its sad

this is a BITCOINTALK forum not a Litecoin paid pumper forum~ LTC i have 1 as a lotto! >> FTC > ARG > XPM all have way more room to move up in price imho!!!  ;) *take it easy mate!!!

My rule of thumb for alt coins is "do they bring something new to the table?"
And by new i don't mean a different hashing algorithm or shorter confirmation times.

For example zerocoin might be interesting if implemented as a different coin finally.

this question is not easy to give. First i have to know what do you prefer? Daytrading with massive speculation profit or just sitting on some coins and wait. If you "only" wanna wait you should look at nmc. It´s an really intersting projekt and not only just a thing to make money.

If you´re interest at daytrading you should have a look at this new twitter account: https://twitter.com/altcoin_invest

There are some tips which one is getting pumped and wich one dumped. But it´s tricky to follow the trades of this guy. Sometimes After only some secounds charts will go up or down they will be. ...so use this only really carful.

I think Megacoin will have a big increase soon, they are at 0.05$ and i m 99% sure that they will go for more then 1$ in a half to one year.
There are some good altcoins whit chances to increase but i´m looking more for new comming coins.

The problem of the most people is, they saw how bitcoins increased in the last months and now they want to make fast money. But what will they win now? I think not more then the Money x 2.
If u invest in new coinst u will get ur money x 1000 if u are lucky (like in btc) but it needs months/years.

I m looking for long time investements whit high multiplicator.

The cheapest Alt-Coins are the best bet, you cant loose much if your wrong. But dont get greedy and put only small USD amount in

FireFlyCoin

http://frankos.org/img/frkBanner.png
Check out Franko (http://www.frankos.org)!

I'm not here to say Franko is the best solution or better then the rest, but if you value a coin created with fairness, scarcity and speed in mind then you'll love Franko.

Franko is Fair because block reward is scheduled to half every 22 million blocks or every 22 years.
Franko is Scarce. Only 260k Franko are created each year.
Franko is Fast, with an average block time of 30 seconds.

We also contribute to society as much as possible, we are the first community to pay people for folding@home. We are holding a fund raiser for Philipine typhoon victims and will be doing Toys for tots. Whats the point of financial freedom if you dont try and make a difference in the world?

Even the name Franko means Freedom. We have a moto "Non nobis solum, sed omnibus." Born not for ourselves but for EVERYONE.

+1

yep

FRK FTW!

Franko (http://www.frankos.org) is great!

Such an amazing community has been formed around Franko, by far the best coin for someone looking to get started.  Can't beat the stability and future potential!

Frankos all the way... Theres a solid backbone community with a neutral collective. Holds the most promise as a truly "decentralized" currency.

All heads up, mastercoin is about to pull off a big move

https://bitcointalk.org/index.php?topic=342431.msg3676971#msg3676971

"Mastercoin"...another poorly named coin...

I have asked this question myself.   The reality is...there will probably only be 3 or 4 real players... So BTC, LTC, WDC and X.  That is my prediction.  Buy 1000 of each shit-coin and keep them forever.  If one is a blockbuster, you will have yourself a small fortune.  Otherwise, mine and sell to the other shmucks that want them.

People that are
Speculation don't work that way. If something doubles in value you will double your investment no matter the original price.
Bitcoin was considered expensive in 200 and that was only 3 weeks ago, but now worths 4 or 5 times more.
Can you name a cheap alt coin with such a rise  :-[

Peercoin is the only coin with a legitimate value proposition (different security model).
All the other coins are either unfinished or extremely similar to bitcoin but just with weaker networks.

For now, peercoin and keep your eyes out for new opportunities (eg mastercoin if it suceeds in implementing some of its promised features).

Peercoin should be in your top 3. WDC is undecided for me, definitely not a 'for sure'.



Where have you been since Monday? NMC went up 250% yesterday alone, FTC, NVC, XPM, WDC, all of them doubled in the last few days. In the span of weeks they have also x4'd.



<3  Long live Peercoin. Look out for NY Times article Monday!

I've been reading something about FTC but it just seems just another alternatecoin, which will maybe go up with other but probably doesnt bypass them, mostle seems like pump and dump kind of trading. What you guys think about it?

ITT: shills and sock puppets

This thread is useless because people root for the coin they hold ... objectively though you should look at coins that do something new or fix something in Bitcoin that the Bitcoin devs can't.
In this sense even Litecoin's future is very dubious, let alone "Franko" & such.

I don't know a lot but from what I can see, Peercoin & Primecoin both do something new. The coming eMunie seems to as well, but I'm still studying it.

If you looking for something NEW I recommend ProtoShares it is basically a window to start owning crypto equities.

I hear that Zetacoins are pretty profitable. I think they are going to rise.

What is new about the Euro over USD? Currency isnt determined by what some people think are neat, its determined by consensus. Franko offers the fairest time for adoption. The rest seem to just benefit those who mine it first. ;)

PPC is a nice proof of concept but has no infrastructure other then the bag holders. Even frk has more merchants then ppc :x

Franko is the future! The website says so.  ;D

I agree with this.

It doesn't make sense to select an alternative based on current adoption because bitcoin's advantage along this dimension is so overwhelming.
The point of investing in an altcoin is to jump in before other adopters. If you want high returns, you need to anticipate adoption, not just jump on the bandwagon.
If you invest simply because others have already invested, it defeats the whole point (i.e. you should just invest in bitcoin).

Consider instead 1) differentiation 2) track record of developer 3) economic usefulness of the differentiating property


1) Peercoin (and its clones) & Primecoin have significant unique properties (not just parameter tweaks or new hashing algorithms).
2) Sunny King develops and maintains both Peercoin & Primecoin (he is the only developer (so far) who has released coins with significant innovative properties.)
3) Peercoin (and its clones) do not require expenditures on mining equipment and electricity; ultimately this means lower txn fees which is a major economic benefit.

The only coin that satisfies all of the three criteria listed above is Peercoin.

Maybe they invest first in the coin they believe in? So if they're correct in their choosing and "rooting" this thread might be invaluable. I like reading these arguments and comparing them to my own understanding. :D

Got my eye on Peercoin.

It's not always like that. Sometimes people buy into a coin because they expect to make a quick buck and they don't. Then they get stuck into the investment and propagate it around in hopes the value will increase so they can sell the currency for profit or make up for the loss. I speak this from observation.

I have now most of my coins in BTC. I used to have a reasonable amount of LTC, but cashed out in BTC at 0.035 (but I can't see the future).

Ich have now:
- BTC
- PPC ( Proof of stake, I like)
- XPM (fast and Primes)
and minor:
- Quarkcoins, just gained in price a lot the last days. I like it. 6 different hashes, 9 rounds. 30sek blocks.
- Worldcoin -> seems to be popular and to have a community
- Megacoins -> same
- Cryptogeneric Bullion -> why not

For the last 4 I don't really have a plan but I thought, why not? If they all fall to 0 I am not really sad. And if the gain in value, too.

This thread is useless because things are changing soooo fast in the crypto-currency world  :-[

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it's not only important if the coin give something new, it is also important if the coin is famous, and after bitcoin there is litecoin

so go with litecoin

I asked myself the same question and, after much research, I decided on peercoins. I'll explain why.

Ultimately I have always seen 3 things wrong with bitcoin:

1) The 22 million coin cap.
2) The network relying on transaction fees once the cap is hit.
3) The 10 minute transaction verification time.

Once the 22millionBTC cap is reached we'll have a problem. The currency will be naturally in a state of constant deflation due to lost wallets, hoarding, population growth, etc. This is very bad. Deflation is about the worst thing you can have happen to a currency. This is why all central banks work tirelessly to keep their respective national currencies at a very low level of inflation.

Furthermore, the network relying on transaction fees is going to mean the lowest fees will win. The lowest fees are always going to be produced by those with the greatest "purchasing power" which will translate to those with the largest mining infrastructure. This is also very bad since it encourages the network to become monopolized by one, or a few, big players. When a few big players monopolize any industry they form cartels. This is the single worst thing that can happen to bitcoin as it puts the entire network (and currency) in the control of a single entity.

And finally, the 10 minute transaction time is just not feasible for in-person point-of-sale transactions.

Peercoin solves 2 out of these 3 problems. Peercoin works exactly like bitcoin except it also uses a proof-of-stake system. This proof-of-stake system is designed to kick in once the block generation rewards reduce to 0. In essence it is a way to ensure a 1% return on participating in the network at very low electricity costs. This essentially acts like a T-Bill or GIC as a guaranteed savings vehicle and consequently encourages network diversification. It also helps to mitigate against potential deflation by guaranteeing a 1% inflation rate for all staked currency participating in the network.

It does not solve the 10 minute transaction time but I see this as a minor problem since its unlikely any government will completely embrace a currency it doesn't have control over. I think best case scenario, virtual currencies will be used like a commodity to back national currencies (much like gold used to). However, virtual currencies will probably always dominate online and international transactions where the 10 minute verification lag shouldn't matter.

Since peercoin has a limit how exactly it solves the deflation which you call a "problem". I think big of ppcoin as well but not for the reasons you said.

Redcoin is very underated. I think it has good potential to go up quite a bit. Buy a little for sure can get quite a bit for a tiny bit of ltc.

Litecoin said the guy this Bitcoin avatar! lol

I dont like PoW coins, which only serves to ASIC companies earn money.
I Prefer PoS or other whith inovate functions.
The second generation seems to be promising.

NEM, NXT, NXT Lite, you can invest until may 25  (https://bitcointalk.org/index.php?topic=590421), æthereum (https://bitcointalk.org/index.php?topic=563925.0), etc.

The best one that I think is Dogecoin, its currently pretty stable and its prices will certainly increase over the next few months.

Dogecoin has a massive community. I don't like its inflative nature, but you can't argue against the community that is backing it.

Yeah it has a massive community, but there are also people who take doges as a joke and there are people who dump the doges for low rate, but my personal experience with doge was pretty good, as i got 200percent profit with it

Some people think Bitcoin is a joke as well and just use it for quick profit. It's just part of cryptos and the coin itself isn't going to affect that.