Bitcoin Forum

Which POS (proof of stake) altcoyns are worth keeping for now?

Look for SPD Stipend - it is the decentralized platform for all kind of tasks for freelancers with profitable POS now.

You never know that is the catch. POS is great don't get me wrong but if everybody knew which coin will be best well guess what it's price would be already high. It doesn't matter if you can earn passively or not what matter is your profit. Sometimes it will pay off to have even pow coin and if it's price shoots up ypu could earn more than from staking. You might want to look at the ethereum as they seem to be one of the most well know out there and are also looking into developing their coin to be pos

I think POS doing well in this market. Because i saw many peoples who connect with POS. It describes this coins popularity. If they want to remain their popularity they also need to maintain their performance.

As fer as i think worthy POS for now is Dash as it is built on bitcoin core. But is a faster transaction and more privacy facilities.

I can say NEO is worth to keep for now, But it looks like you must consider to keep the major crypto just like bitcoin or ethereum instead of use any other POS coin. Ethereum and bitcoin are independent and it wil be much better for you to keep them all into the ethereum or bitcoin form. Altcoin goes wild right now.

POS which means proof of stake is a system but has some limitation. It cannot prevent the problem of spamming. That’s why there is a need and demand of POW which means proof of work. This protects the computer from the unwanted messages by the hackers. So I think investing in the POW that means proof of work network based token will be good.

Thanks for answers)
It turns out better to buy young POS coins to make money on it. Which one would you recommend? I was looking for a branch of a young POS coins on the forum, but I did not find it. Can someone create?

Hmm,

All Proof of Stake coins based on peercoin design, prevents transactions spamming by destroying the transaction fees.
Also most of those coins are fixed rate fees not variable rate fees like many of the PoW coins,
so there is literally no financial incentive to spam a proof of stake network like there is to spam a PoW network where the spamming increases the PoW fees.

PoW is a failed design that leads to an ever increasing input costs to keep the network running, which also means ever increasing fees.
PoW is a evolutionary dead end, no real point to it.

Proof of Stake is the only reliable & cost efficient & energy efficient way to run a global network.

Personal Preference for Proof of Stake Coin is ZEIT , it is energy efficient, Decentralized, and Ultra Low Inflation.
It is a coin for the long run as it can maintain and grow it's value per coin over time.  :)



It sound like you are more interested in short term coins, for that just monitor the New Altcoin Announcements here: https://bitcointalk.org/index.php?board=159.0
The only play with other PoS coins with high inflation rates, is try to get in early , make a bunch of free coins with their insanely high interest and then cash out before their price drops or the difficulty gets so high you can't stake anymore.
Sprouts and 808 are prime examples of this , but are already dropping too much in price to be worth it, which is why you never expect a high inflation coin to be worth anything after 3 or 4 months. None of these are long term holds as their price will always drop from year to year except for the random pump and dump.
Get in and get out before the prices collapse with high inflation coins.