Bitcoin Forum

MaxCoin? DogeCoin? NameCoin? LiteCoin? NovaCoin? FeatherCoin? PeerCoin? Some other coin?

Not too late. Things are just getting started.

Smartcoin.
Brand new coin! Only 1 week old.

I still don't feel like paying hundreds for something I could recently get for a dollar. So what are my best altcoin options?

That kind of psychology is going to lose you money. the price is high for a good reason, because the prospects for bitcoin are much clearer than other alt coins. the network effect will leave the alts in the dust.
you must have bitcoin if you invest into crypto currencies - but maybe wait a while first.
I also have some litecoin to be diverse. litecoin is one of the most capitalised beside bitcoin and is likely to replace it if something were to happen to the bitcoin system (not likely)

you must understand that any crypto is in fact worthless if it not going to survive in the long run. the world only needs one crypto. maybe 3-4 will survive. chances are bitcoin will survive and be the top dog. dogecoin..... maybe not.

Stay away from most of them. Their value is merely based on bored/greedy BTC hodlers who try to get higher gains.

People call bitcoin a bubble, but these altcoins take it to a whole nother level.

People said this in the summer when it was $100.  People said this in 2012 when it was $10.  People even said this in early 2011 when it was $1. 

The upside to bitcoin is $100,000+.  Each day that it survives, the probability of it realizing this potential increases.  It is still very early.... 

With a nice, large premine. ;)

Don't be a fool. The price is determined by supply and demand, the entire world population is the target demographic, and there is less than a tenth of a percent that use it right now. Bitcoin is going to become worth at least a hundred times what it is now within years. You won't find anything with a similar ROI.

Too late?  Did you read the article that came out today about how most people have not heard of Bitcoin yet? http://blogs.wsj.com/moneybeat/2014/02/05/most-people-still-dont-know-what-bitcoin-is-and-dont-care-to-know/

This is still in the early adoption phase, regardless of how it feels to us that are involved with it!  

Sure you can speculate with altcoins for the fun of it though.

Bitcoin is too anarcho-libertarian/cultist to go mainstream. Most of the elites already mock it and don't fear it. IMO, some Ripple/Ethereum sanitized variant of bitcoin that is friendly to regulators and banks will actually become the global crypto of choice. Nevertheless, meanwhile I will of course ride the various BTC waves untill its demise.

As soon as you feel any of them adds some value on top of what Bitcoin currently offers, investing a little bit might be a good idea. Otherwise, it is pure gambling, I personally would stick to the most stable and well-known solution (which is Bitcoin). Maybe a couple of most stable solutions (+ LiteCoin), just in case. Then find some other decent idea to invest in. A Bitcoin startup, maybe, or something outside of the realm of cryptocurrencies.

Namecoin might offer a bit of something, but is it going to catch up? I have no idea, Tor hidden services, or i2p, or whatever comes next, might replace it before it gains any momentum.

I am only in it for speculation, credit cards are more convenient for payments. I need a crypto where I could get in early and speculate the hell out of it, like the early Bitcoin adopters did. What is my best shot?

NXT is a fascinating and innovative new crypto. It is second generation completely new code rather than a simple twist on Bitcoins code. Some people have issues with how the original IPO was handled, but overall its distribution is slightly better than Bitcoin's at this point. Read up on it, it has quite a few interesting features.

are you talking about the bitcoin community or bitcoin itself?
bitcoin is the friendliest form of decentralised currency. you can track transactions on the public ledger.
either a crypto will replace it and become similarly anarcho liberitarian, or bitcoin will succeed.
the only alternative is that a centralised crypto will be formed, and of coarse that will flop.

Yes, the features are what I need to tout it later to punters and boost the hype. What are some other good selling points for a crypto?

sorry thats a paradox. the reason they are cheap is because they are highly likely to fail in bitcoins shadow. if you dive into a cheap crypto, you will only get what you paid for. As a speculator you should also not be afraid of big numbers because they really dont mean much when you have an asset that has doubled in value 16 times.

Bitcoin is higher priced because people believe it is MUCH more likely to survive.  Remember, cheap has two meanings: low cost and low value.  The altcoins are worth less because they are more likely to become worthless in the long run.

If you absolutely must have low priced coins, your best choice is millibitcoins.  They are still under $1 right now.  There will only ever be 2.1E10 mBTC, with the world population of 7E9, which means someday the average person in the world will have 3 mBTC.  If you buy 300 mBTC and hold until mass adoption, you will have 100 times the wealth of the average person.

Another excellent coin is the satoshi.  You can get 125,000 for $1 right now!  What an awesome deal!

That's why I feel it's already too later to get into Bitcoin, with its current daily volumes having dramatically fallen. Bitcoin itself has been in the shadow of precious metals and national currencies just like the other cryptos have been in the shadow of Bitcoin. With some proper marketing and touting at offline conferences, any altcoin has a good chance to pyramid sufficient Bitcoin-like hype - LiteCoin being one successful example.

Nicely put  ;D

You should make your own.  Hype Coin!

Mass adoption is laughable, most of the world are not libertarians and wouldn't adopt something unregulated. They actually need the nanny state to take care of them all the time.

The numbers you've provided are implausible - if true, there would be just way too many Bitcoin billionaires in the world.

To say that any other asset overshadows bitcoin is incorrect. Bitcoin is the first of it's kind, and appeals to a different and wider market than precious metals (for example)
Altcoins follow the price of bitcoin. Bitcoin is leading the way. If you feel you are too late for bitcoin, then quite frankly, it's too late for the others.
But you are not too late!

I just hate the idea of paying hundreds for something others got for less than a dollar. I'm sure many others hate this idea too - many more than those who like it. For this reason, I see it as too late.

I am not too tech savvy to run these pyramid schemes on my own but I gladly would if I could.

try do the maths then.
and no, the richest man made by bitcoin is only around 100million.

Which number seems implausible to you?  The current world's population?  The number of bitcoins that will exist?  2.1E10 divided by 7E9?  Cause they're pretty much facts, aren't they, unless I made an arithmetic error?

Sometimes I think the color of the sky seems implausible, especially at sunset, nevertheless it is what it is.  It hardly seems worth arguing that established facts seem implausible.

Oh, one of those. Bitcoin is not a pyramid anything. It's not a ponzi either. Get your definitions straight, read up on how bitcoin works, come back in two weeks and present your findings.

So why are you working for dollars that banks get for free?

I've been reading about Bitcoin for over half a year and have no slightest doubt about it being a pyramid scheme, along with all altcoins.

I think Litecoin has the largest chance of being a highly adopted crypto currency.   The transaction times are awesome, and there is a lot of potential upside still for investors as the price is still so low.   It is still not too late to also buy BTC if you believe in the long term growth and adoption...

a good speculator is not intimidated by big numbers. I think you need to think a bit harder about the implications of your trading psychology.
Bitcoin can still go to $10,000 quite easily.
No, bitcoin it not a pyramid scheme. the majority of the others must fail, and hence they are pyramid schemes.

Having trouble understanding what you are saying because you used a double negative.   So are you implying that bitcoin is a pyramid scheme or not?

Because they are backed by the nanny state which the wider populace needs and adores.

Why do you come to a bitcoin forum, call bitcoin a ponzi and then ask us for our good advice on which ponzi scheme is better? you are not speculating, you are gambling.

It's not a ponzi or a pyramid mate.....

Bitcoin's eventual mass adoption is implausible to me.

Because he is butthurt for not being near the top of the pyramid :D

That's a really good point.  Perhaps the libertarian demographic of the crypto-coin market is saturated.  But, like you said, "most of the world are not libertarians."

So you've really answered your own question here: create a new coin to appeal to all the non-libertarians that are turned off by bitcoin.  


Then what's better than to get in right at the beginning?  I suggest that you also obfuscate the fact that you've pre-mined most of the coins.  More profit for you that way, I hear.  


Brilliant.  But, like you said, your not looking for a libertarian audience.  You need some way to appeal to the rest of the world....hmm....I think you're definitely on to something here....  

Whatever, I have my strong opinion and I'm not into arguing about its nature. It's nonetheless a lucrative object of speculation to me, and so are the altcoins. No one really needs them for payments - one can make payments with the more conventional tools in a lot more convenient way. Yet touting and speculating the hell out of it is the way to go.

Yes, true - that's why I seek those where I would be.

Please send me dollars here: 1GZMd9ZsGxAQnHbtPAZYm1jHuxvtd2Mie
Oh wait...

If bitcoin doesnt appeal to the mainstream, then none will. Bitcoin is the friendliest decentralised currency to regulation. If you are asking for a centralised crypto like googlecoin. go for it. but that will be unacceptably vulnerable to attack, and prone to corruption like our current banking system.
Bitcoin can appeal to the mainstream, just leave that up to the software developers.

If you did your research you would know that bitcoin has the potential to save firms billions of dollars in transaction fees and widen profit margins for large corporations. It is a billion dollar industry and eventually it will be more convenient and cheaper than using a credit card.

Good luck :)

But you don't understand knight22: only money launderers, child pornographers, terrorists and libertarians would ever want to send money to a person over the internet.  Normal people are happy swiping their Visas and only dealing with big companies. 

Governments will never give up their monopoly on money, and with the government bans, Bitcoin won't appeal to the masses. The masses find their comfort in governments and always turn to them for guidance, advice, and comfort.

+1

Government is like a big warm hug when you're feeling down.

The government dont have a choice. you cant beat maths with guns. they cant stop anybody owning and using a crypto graphic currency. The government also acknowledges that this technology is here to stay. they are not talking about centralised cryptos, they are talking about decentralised cryptos - and bitcoin is the front runner.
They have incentive to embrace bitcoin too, because they do not want it to be replaced by a crypto with a tumbled public ledger that will be harder to regulate.

If governments ever went with a crypto, they would first make damn sure it's under their full control and regulation or else they're no longer governing anything.

Until the day that people will be fed up of being fucked in the ass and realize there is alternatives

And how do you expect governments of the world to reach an agreements to launch a fully international crypto?

you are talking binary - anything is possible.
bitcoin will expel only the corporate part of government. thats the bit that costs us the most, and the bit we need least.
Rome fell...... china fell...... USA will fall.....

The masses will figure it out sooner or later...most people just like to live in denial, and find peace of mind in thinking that their government is looking out for them.   In the bottom of their heart, they know that is not the case...

They might have each their own national crypto just as well, with all sorts of country-specific regulations and variations.

The masses are horribly lazy. It's takes incomparably less effort to remain in denial than to work toward restructuring the system or even do anything at all for that matter.

You cannot create a national crypto. the internet is borderless. If you are talking about a centralised national crypto, well there is nothing special about that idea.

A specific government's recognition and support will make it appealing to the masses, and that's what will make it very special.

Don't you "pledge allegiance to the flag of the United States of America and to the republic for which it stands"? Because the masses fucking do.

Well you should take notes on what is happening right now in Cyprus almost a year after the bails-in

https://bitcointalk.org/index.php?topic=289730.msg4911291#msg4911291
http://letstalkbitcoin.com/speculative/#.UvMOb7SJJ64 starting at 13min
http://www.neo-bee.com/

yeah just like the system we have now. everyone loves that system....
A national centralised currency will change nothing. bitcoin can bring down that system.
I dont pledge alliance to any flag especially the USA.....

This is happening worldwide yet the masses won't lift a finger unless and until the whole thing completely goes bust. Good luck waiting for that to happen.

Guys, bnrrpayments is a classic example of a Class B bitcoin troll. The recommended response when encountering such trolls in the wild is to agree with everything they say in a satirical way.  Normally they can't detect the satire and sink their own ship.  

For your review:

A Taxonomy of the Troll

Class C bitcoin troll (lat. trollus minimus):

-How to recognize: Simple-minded FUD spreading, and juvenile insults.  

-Recommended response: ignore, their trolling is obvious to everyone and occasionally humorous.  

-Examples: Walsoraj, Fonzie

Class B bitcoin troll (lat.  trollus averagus)

-How to recognize: bait-and-switch thread titles (like this) to get the reader sucked into thinking the troll is a non-troll.  

-Recommended response: agree with everything they say in a satirical way.  Their arguments are usually so flawed that simple rephrasing back what they said will reveal their lunacy.  This technique is especially effective if the troll doesn't recognize this attack vector until he's already sunken his ship.

-Examples: ElectricMucus, Revans

Class A bitcoin troll (lat. trollus maximus)

-How to recognize: usually hold an esteemed position or a PhD.  

-Recommended response: Engage in logical and polite debate.  These are the most difficult trolls to defeat, so you must be patient.  The truth will prevail.  

-Examples: Paul Krugman, Richard Murphy

But arguing with trolls is fun  ;D

What kind of troll am I?  :o




Incase OP is serious or draws anyone in this thread who is serious into looking at alt coin investments, check out: MEOW, VTC, LTC, LEAF ...I think they have good short/mid term potential, all of them are considerably cheap imo

Yes, each troll hunter should take some liberty in developing their own personalized approach to troll management. 

I feel trolled by the Bitcoin believers and politicians all alike yet simply skip their passages.

I think you should invest in dogecoin mate.
any other questions just ask Proudhon.

So doge. Wow. Why such coin?

because it's the best ponzi out of all of them ;)

There are pump and dump, not ponzi

oh play along with us sir. Knight.
;)

So is Bitcoin then.

Looks like this evening could be a decent time to get some more bitcoins as the price has dropped

false logic.
there is a very good reason why bitcoin could succeed over the others. the network effect. I hate repeating myself.

The best alt coin is ppc and xpm.

any coins with Scrypt-Adaptive-Nfactor or scrypt-jane Algorithm

Betacoin is the Best as far as it concerns SHA-256d cryptos.
The proof is the coinwarz and the unlimited number of users joinning every day the network!

References :
http://betacoin.org/
http://betacoin.info/
http://betaco.in/media
http://betaco.in/
http://betacoin.info/
http://betacointalk.com/forum/
https://www.facebook.com/betacoins

+!

Why not DogeCoin? Doge, wow. Such crypto.

Well everyone is saying zetacoin is undervalued. Need I say more.

Many coins there are and many coins will be.

You will never see people admit or hype up a coin they investing in, but since I am feeling generous today.

https://www.cryptorush.in/index.php?p=trading&m=ICN&b=BTC

Price is up 4 *s what it was a week ago. Either insiders know what's coming or it's being pumped, but that's the risk you have to take.

Thanks - I'll skip.

Safe choice :)

I'll quote this one and be back in 2 weeks. :)

delete

I find it strange when people say they won't invest in BTC as the price was once a $1. Surely people can recognise the price was that low because people didn't believe or understand it then (risk and return). Microsoft, Google etc.. were once penny stocks, however you wouldn't have an issue holding these in a portfolio. When you talk to outsiders about Cryptocurrencies nobody has ever heard of the altcoins, however they may have heard of BTC. In addition, miners sell the altcoins to buy BTC or LTC (they clearly doubt the medium/long-term prospects of the altcoins).

If you are to buy altcoins don't get caught up in irrational exuberance. Monitor the highs and lows of the coin and try to buy low (observe the exchanges for a day or two first).

How is Bitcoin any different from altcoins, other than being the very first cryptocurrency out there?

Never too late.

Less volatile (easier for businesses to trade with. Which is essential if it wants to be seen as a currency), larger market capitalisation (therefore harder to exploit), greater trust & media coverage, sensible period for halving of block chain and most importantly it has survived longer that the rest. Basically, considerably less risk for the investor.

It's really hit or miss. Use coinwarz.com (http://coinwarz.com) to check current profit rates or even coinmarketcap.com (http://coinmarketcap.com).

Since this last market correction, you can get litecoin again at a pretty good price.   Despite it not being the $5 price it was a few months ago, it is still a good price right now with a lot of potential upside for remainder of year and into the next

Is that LTC price still good? :D

To be fair it did go up substantially between then and now

How would you know when it was to crush (which it eventually did)?

Still good till this time especially if comparing with doge coin that's will much better than doge. and LTC is the coins is having a long age until this time is still staying in the market. 8)

do you work for nxt lol?

ETH and ETC are two of the best altcoin potentially profitable.

LIEK I WANTZ MONEY SO UHH TELLZ ME WHICH COINZ TO BUY KTHX

Topic 24,871,734 exactly like this posted pretty much daily.

Hey get this kidiot investard profiteers..
No joke but there use to be coin "Supporters"
Ya i know a myth right ?
NOPE !
They were real once upon a time..

Now ?

You all show up here clutching your lunch money asking publicly which coin will give me 1,0000x profitz yo.
Which in itself is utterly fucking retarded.

Even if the concept was not retarded to begin with.

Which is best ?

I will post what i have 1,000+ time last couple years..
FOR WHAT PURPOSE ?

Profits or support ?

And i think i know the answer to that question.
And since i do i don't feel compelled to help the exact type of people who should not be here.

Wanna make money off of shitcoins.. i have no help for you.

the LTC price is not good right now it is awesome instead.

the price is low but at a fixed level which is the bottom of the price and it will not go any lower than this, check out the charts if you don't believe me. and there is only one way left for litecoin price to go and that is up.

I think Monero is the best, first of all - fast transfer times and transactions are not public, plus you can always change to other altcoins. The best thing is that Monero price most probably will go up.  ;)

Gulden.

1. Go to coinmarketcap
2. Study trends & Patterns
3. Do research
4. Find worthy investments
5. $$$

Rinse & Repeat

 8)

All in a day's work!