Bitcoin Forum

There are hundreds, if not thousands of cryptocurrencies circulating around, and many more are created every day. Bitcoin is now in its “boom” in part because it is the first cryptocurrency, it is news for everybody and it is receiving a lot of media coverage, however it may very well die in the next 1-2 years giving place to newer currencies with more advantages, such as full anonimity similar to cash.

Also, the inexpressive low-value currency of today may be the highest value currency of tomorrow, which means that he who invests $1,000.00 today in cryptocurrency X may end up with a $1,000,000.00 two years from now.

So, for the ones who know nothing about other cryptocurrencies, why should they try them instead of others? Why currencies A, B, C may be better than X, Y, Z?

Thanks.


Mod Edit: Removed spam

Nobody knows. That's why there's a potentially high profit. And risk.

look for the underdogs, a promising coin that everyone hates or no one gives a shit about. that coin will make u rich

Is this a question or an advertisment?

 :-*

An underdog would definitely be Quark.

A lot of false information was spread about Quark.
"premine" "pump and dump" "all the other bs"
All of those just wasn't true.

Quark would be the most popular underdog in the community right now.

https://i.imgur.com/UVSmcPA.png (http://youtu.be/vb8si58DW9Y)

Ignore him, he's a spammer trying to sell his crappy ebook and making posts that look like they're trying to initiate a conversation.

Why don't you put this crap in your sig instead of spamming it everywhere.

And the only coin that will probably make anyone rich is BTC.

metiscoin / klondike

You do realize that there won't be any coin like that? If coin becomes profitable to mine, big rigs jump in ; )

Noble coin for me has a real purpose and the team behind it to be a great coin.

I'll go for Dimecoin and Earthcoin :)
Very low in price right now :)
http://coinmarketcap.com/dime_90.html

And Dogecoin is going higher and higher.. I thought it was a joke.. But they have more and more market cap.

M E T I S C O I N

titties  :) and GRA

You can try all newborn coins and save them for 6 months. I had 30x growth of an altcoin that I forgot I had! bought for a BTC0.01 and 6 months later sold them for BTC0.30.

Try the least mined coin and even the least profitable.

Personally I think leaf coin it's only around 0.00000020 btc per leaf at the moment and price should shoot up due to block halving in a few days  so I'd buy in to that coin now

I try to get as much freebies and giveaways as i can and hope that in future some of this will rise and make me profit.

Etoken...it was dead but saved by the community. Premine was removed so total coin supply is now 800k instead of 900k. Managed by the community so everyone can be a Part of it and help to get rich.  And it's cheap at the moment.

Preminecoin of course! :D

Personally I'd bet at DigiCoin and VertCoin. I will explain. VTC because it uses new ASIC resistant algorythm. In fact it can become a founder of many clones, like bitcoin or litecoin. Also it have just 84 mil coins limit, like Litecoin, what makes it's price comparible. DigiByte A Professionally Transparent Cryptocurrency, it have many advantages over other clones. And, of course, both have no premine.

+1

good time to start and buy in...

Go for Feathercoin ;)

I hope so. FTC is the most I've got invested in cryptos haha. Maybe I should've sold when it was over £1, but hopefully it'll get there again sometime this year.

My suggestion would be to support purely open-source decentralized currencies only, and to find the ones that strongly believe "community comes first". The key to building a successful coin is in building a vibrant and healthy community. Other strategies can work but they will inherently be restricted in scope and scale.

The strongest trees are those that grow slowly and have deep roots.

12 Months might be longer if you got more GPUs. It's just a matter of extra money left for the electricity. Then you'd be very glad to withdraw other people's fiat. ::)

No. ASICs bring important value to this coins. You'll see a significant rise of all mature scrypt coins soon. Custom hardware brings value. GPU got a resell value for all people out there, so the initial investment isnt only for Crypto, that completely changes in terms of ASICs. Bright future for Scrypt coming.

my bet is on skeincoin and blakecoin. New algo crypto's. But i could be wrong.

I got a tip for you. This coin is going to make people a lot of money, cause its literally undervalued by about 10,000%.

https://bitcointalk.org/index.php?topic=396293.0

Undervalued by who?

Smart people with inside knowledge.  :-X

https://bitcointalk.org/index.php?topic=435803.msg4788547#msg4788547 (https://bitcointalk.org/index.php?topic=435803.msg4788547#msg4788547)

I'm sceptical of both these claims.

Probably pretty unpopular thought, but I think ethereum might become the most profitable altcoin in the future. In regards to the whitepaper technology that is discussed, Ethereum is one of the few currencies that is proposing solutions to problems the already overused Bitcoin protocol has when implementing new functionality (Colored Coins etc). Some of the more creative currencies coming out now have absurdly long transaction times (No SPV) and can be attributed to building under or ontop of the Bitcoin protocol.

Their are some other alt currencies I think might have value are ones testing/experimenting:
NUT - has an anti dumping mechanism built in where the imposed transaction limit of coins is 50k coins per transaction for the next 4 years. Raising overtime, this does not stop people from selling entire dat files loaded with the coins but lessens the chance people will ever dump their coin before it starts becoming scarce and the imposed transaction limits are doubled as time goes on.

Generic ones I think might do well:
DGB - I think is a bit underrated, the transactions are quick seems pretty well done
DOGE - This is pretty popular and the # of coins is high enough where many people can acquire it now so people feel "rich", especially those who might have never considered acquiring any type of currency before. Unfortunately if this currency gains more popularity I see it already gaining traction with the younger generation. Once masses understand and adapt the technology who knows what might happen

franko and doge.  8)

Betacoin FOR SURE!!!

Look at their platform!!!!

http://betacoin.info/

I think either just BTC or LTC. I've got quite a few LTC and bought them cheap so they're the coin that I can probably profit most from.

Wrong question: people how took part in Nxt IPO become rich in few days...

Correct question: which one will be relevant in two years from now?

I reckon BTC is a safe bet. I doubt most of these alts will even be around or up to much later this year.

Ron Paul Coin.

I think Digibyte has a lot of promise.

Getting rich would be asking too much but its obvious that making big profits is mostly possible by finding a good alt-coin.

I want to believe in GrainCoin. Lets see whats gonna happen. ::)

OP, if you still have the courage to read through all that spamming.

Crypto-platforms with decentralized p2p exchange and mixing could make you rich.

well.....mhhhh..., Noblecoin  ;)

don't hold me to it but I am expecting ADT to have at least a 600% rise over the next 3 months I am working on completing the new blockchain once that's done the coin will do very well :)


 info on new blockchain > https://bitcointalk.org/index.php?topic=440353.msg4838148#msg4838148

Well I think you might be slightly biased here lol.

I'm going with worldcoin.. strong community

maybe so lol

maybe I should use an alt account like most of the other devs lol

I honestly don't see why it shouldn't make 600% gains in the next 3 months if you know the amount of work that's going into it you would agree :)

Everybody says that about their coin. You need more than rabid bagholders haha,

At least he put his name behind the coin.

I don't get why half the coins with anon devs have so much support

Devcoin without a doubt.

Surely NXT or one of its clones is the big long term bet. NXT is the ONLY coin that is actually a new code with features you wont ever see in BTC. NXT is FB to BTC's Myspace. Once the penny drops in the community its going to be unstoppable.

What else has worldcoin got going for it? I noticed they popped up on Bittylicious recently and are pretty cheap.

+10 for this guy

anime coin ;)

PotCoin will buy me a car this year :) https://bitcointalk.org/index.php?topic=426324.0

600% that's quite a large estimate are you the creator or part of the development of this coin?

I'm going with [insert name here]coin.  It has a strong community and amazing developers that are actively promoting it.  There was [no, light, small] premine and [no, light, small] instamine.  It is the next [bit,lite]coin.  I'm [buying,mining] everyone I can get.  It is going to [the mooon, mars]!!!!

One of the good addition might become very usual for some dead coins or coins "forgotten" by developers of "community":

From Death Comes Life – The Rebirth of [insert name of dead or forgotten]coin. :)

I told you my friend. The coin which is going to dethrone BTC is Betacoin.
That's why they are all scared so much and they even want to close the Alt-coin section.
They want to suppress people to be familiar with BET.
Do a search yourself and you see that it is not just another alt-coin.
In the previous 24hours the most advanced Betacoin explorer has emerged.  ::)

http://betacoin.org/
http://betacoin.info/

Invest now that the price is still low.

Best advice I have seen on these forums when it comes to investing. The Hyped coins will never make you rich, will make you profits sure but not rich.

I know which horse I am backing and no one is even taking notice.

http://www.youtube.com/watch?v=jPmAFQ5LmVU (http://www.youtube.com/watch?v=jPmAFQ5LmVU)

Do tell...

I like WDC in that sense. Still has a very low price, great development and community, but doesn't necessarily have the sexiness or 'newness' of some of the recent alt's. Just like stocks, you should aim to buy low- the un-hyped is where you should be looking.

I've bought some cheap WDC. It's not enough to make me rich, but it will be a fun ride.

But so many coins now. Look for one which has strong dev-support and some real innovation behind it, and not simply a clone of other coins. Those will be the next to rise.

#lickit

Don't people say that about most coins? Hype or no hype there needs to be something more behind a coin or it's going nowhere.

leafcoin is gonna take a big rise in price i can feel it

you could have at least said leafcoin is going to grow lol 

I think the coins that will make it are those with absolutely no premine. It wont be one coin, it will be several (unfortunately) but I thiknk 5~10 will survive in 10 years and there will always be 100s of altcoins coming, wasting people's hashrate and going to ZERO.

Premined coin is complete scam if you ask me. Its like saying those who are in the US Mint making the new $100 bills are allowed to take a few BILLION because of their hard work and for giveaways and stuff while the rest of you have to work hard, spend $10 on electricity and get 400 coins daily. Then the developers start slowly shifting their own coins to BITCOIN and telling you to hold on because it will go to the mars.  DOGE, BIT, NET and LITE were not premined thats why they made it so far.

If you ask me the only coins I see are those four (DOGE, BIT, NET and LITE) that will make it through these altcoin failures that end up miners with hige electricity bills and nothing in coins really like those who mined MOON when it was 30 Satoshi and watch it fall and they STILL mine it for some dumb reason. Heck there are even people minig TAG while is a 100% scam and it was even removed from coinwarz.

I don't know what I was expecting from this thread. Clearly the answer's not so clear cut.

these questions are always advertisements lol

When I've perfected my time-machine I'll come back and tell you.

[edit] Wyld Stallyonscoins [/edit]

I'm all in on digitalcoin and worldcoin...   Big development and both coins only growing in price, development and community.  Digitalcoin is by far the most undervalued coin, still has the original developer working on it and a usd exchange for it is opening in a weeks time.  I would be surprised if these coins dont reach ltc current price by end of the year :)

Also helps that they both have names suitable for wide adoption by your average Joe and fast transfer times.

Will? No.
May? Yes.

As for those underdogs, it may be hard to tell which one survives and which one not .... some of them die, some of them (like TIPS) were quite close to death at one time, most will just live without much chance to get to any exchange or having any real value.

The more the coin is closer to death (and thus cheaper to purchase some reasonable amount), the more risk that your investment will just die, but the more profit if the coin takes second breath and will live again. Could be even better if you are able to help the coin somehow after you buy it - though that depends on your skills (are you are good at server administration, programming, or social network manipulation?) in relevant areas of expertise and amount of time or further investments (lack of skill and/or time can usually be solved by setting up some bounty for that task :) you are willing to sacrifice for that.

Sometimes the best strategy for a coin would not be to invest X in a coin, but invest perhaps X*0.7 in buying the coins and X*0.3 into improving the coins somehow (setting bounties for tasks that are likely to increase the coin value).

You have to choose coins according of how big risk are you willing to take and how much of time are you willing to spend by caretaking your investment.

For example LTC is stable, so minimal caretaking here, just occasionally watch the exchange rate, but with more minor coins, you have to watch them more frequently - whether it is not going to die completely and then either intervene, trying to save it, or quickly sell remaining coins to minimize the loss. Some events also have influence on the coin, like adding to an exchange, so you may want to take advantage of them and either buy more in or sell some part based on what is the expected outcome of that event.

Good underdogs, here:

I want to share my honest opinion why the StarTrek coins should seriously be looked at:

https://bitcointalk.org/index.php?topic=444046

Just get 0.1 BTC worth, very little risk, big potential upside.