Bitcoin Forum

Very hard to find collective information on these new POW/POS coins.

It's also very hard to tell the good from the bad ones, that's why I invite you the forumparticipants to share some of your views and wisdom about this topic.

Your opinion is valued and very much appreciated.

Please don't just shill the coins you hold, but please give the readers insight into what you think can benefit the whole community.

If you have an opinion on the coins in the poll, or you would like to see a coin added to the poll, please share your view with the rest of us.


Requirements to enter a coin into the poll;

1. Must not be older than 6 months (give or take a few weeks).
2. Must have it's own blockchain.
3. Must have a webpage.
4. No ETH tokens.

Tell us what you think and vote for your choice of BEST NEWCOMER COIN OF 2020!!!
Have fun!

 :) ;D :)

These new coins are hard to rate as good or bad as of yet since they've been around such a short time. I'm gonna have to check them out further until I can give a final answer.

Another thing is that as far as I can see none of them are at an exchange yet.

Edit 27.feb;
Cant find these on coinmarketcap, but i found this for info;

https://www.talleo.org/
https://bitvaluta.org/ (giving away some free BTV at forum).
https://www.micropaymentcoin.com/

Lol! Let's take a look at their prices first. These prices are based on Coingecko as none of them are listed on coinmarketcap.

Talleo (TLO): $0.00008784
Bitvaluta (BTV): No information whatsoever
MicroPaymentCoin (MPC): $0.00030785

No of these coins have reached to such a level where we can really debate on whether they are best newcomers of 2020. Personally, I believe the best POS coin for 2020 will be ETH once they move to POS algorithm this year.

I agree that ETH can be a good POS coin when they change it over later this year.

I think new coins like these can sometimes be interesting, it all depends on the plans and followthrough of the devs.

Since they're new they are often very cheap, and for instance Bitvaluta doesn't even have an exchange yet, so hard to tell what that one could be worth. I can see that they are giving out some free coins at their forum https://forum.bitvaluta.org/viewtopic.php?f=3&t=13

Whats the marketcap for TLO and MPC?

With the conditions given, I don't have anything to suggest but why consider only the newer ones if the older ones are more reliable, trustworthy and they have been with their own community for a long time?

Honestly, the poll and choices, I am not familiar with any of them. I'll avoid the newest coins as much as possible if you plan to invest long term using it as POS.

I'm not familiar with any of them either, and probably neither are anybody else, and that's the whole point. Every coin was new at some point in time AND CHEAP, Bitcoin was cheap when it was new, Ethereum was cheap when it was new, most coins were cheap when they were new.
That's why I think some new coins are interesting, IF they have a quality team behind them that know what they are doing and have a solid plan going forward.

Sure you can buy a basket of BTC, LTC and ETH now and hope for the best, but they will never go up 10fold or 100fold in price, but some of these new coins might in the future, considering they are dirt cheap right now because noone has heard of them and some aren't even listed yet.

What would you rather have bought of ETH at $0.43 in 2015, or $228 right now. Take into consideration that in 2015 it was new and the altmarket was in the dumps and not that many people could be bothered about ETH. Thats a 400fold rise in $terms. I want to find the next 400folder.

I understand the whole idea you're getting here. And that's all in my mind before but as the market proceeds and time goes by, many of the newer coins before didn't managed to excel and just dying on the way.

The market trend changes, we've managed to see 2017 were tons of ICO and new projects existed but many of them died and plunged in value. And by 2018, still many new projects came out but only few survived.

Yes, well the problem with those ICO's in my opinion is that 95+ percent of them are simply money grabbing hit and run scams. It's very hard to find the true gems hidden in the torrent of scams that wants our hard earned money.
I think what is important is the projects intent. Is the intent to try to build something genuine with realworld usage, or simply to try to steal our money and laugh all the way to the bank. Hard to tell a lot of the times when they are new and unproven.

Would be great though if we could come up with a list of NEW PROJECTS that aren't pure scams.

Right, many have been caught red-flagged and made just for the sake of the money machine. I literally understand why you are open with the new projects but as someone who has noticed the drop in the market and the rate of these projects.

I can say that looking for that ideal project that you have mentioned, there's still hope. There's still some legit projects that do aim for good and not just for the sake of making quick bucks with what they are developing.

Would you consider Zilliqa. Know it is older than six months.

It's not about finding them, I was like this in the past where I stay focused on new coins only thinking I can find gems easily this way but I end up with dead coins after few months, not all new POW coins are genuine, most of them are fake or pump and dump

You must have had really bad luck trying to find the "gems". I try to read up on a project before starting to mine it or buy coins. That way I avoid coins being "dead after few months".

Do some recearch before getting involved in a coin.

I can start naming coins that feels so good in the past but aren't doing great now, mostly new cryptonight coins that I mine at the time, Turtle coin, Electroneum, Coal, Recoal, Mask etc are all crap except electroneum,

Would you consider them scam coins, or do you think they just didn't put in the amount of effort needed by the devs?

Does it have to be new? I mean maybe you can invest into something older? As we all know here the new coins that are not tested by time are usually bad investments and that is exactly why many people suggest staying away from them until they prove themselves to be a good contender. I personally wouldn't go into anything that is not 6 months old, I probably stay away from all the new ones under 1 year and aim at staying away from under 2 year as well.

I personally have bitcoin, ethereum stuff like that but if I had to do any PoS coin I would probably go with tezos, cosmos, waves and stuff like that because like them or dislike them but we all know what they are and who the creators and how the coin is doing which is all it matters for me and at least I can be sure for what I am investing into.

I've got this feeling people dont want to spread the word about what they would consider to be good startup coins, they want to mine those in peace first and load up as much as possible. Afterwards when they have what they want they tell others to buy and mine.
So does it have to be new, this poll is about new coins, not old projects with an already high marketcap.

The coins that have been tested by time, then you basically missed the train at the station so to speak in regards to getting in early when the price is low and the pools arent swamped with miners, like todays Ethereum and other older projects are.

I look at new to about 2 year old coins. Older than that they are mostly too expensive or mostly abandoned. The problem with coins being too expensive is that if they somehow fail, or get abandoned,or is replaced by a better tech coin, then there is no bottom and you lose a small fortune.

There is also a huge point missing in this debate, and that is new coins can come up with superiour new tech blowing the competition away. Like the pc's did with the typewriters in the 70's, and Bitcoin is 10+ years old, it may be this typewriter and get killed off in the years to come by something much better tech coming up soon.

I am not sure about these 3 coins that can make it.
I respect everyone's investment plans but these ones seem untrustable. In fact, I am looking at only Binance Chain Alliance for now. Because they are selecting projects meticulously for Alliance. And this month, we saw that 3 coins from that alliance were listed on Binance, catch the great hype.
Still, Bitcoin dominance is so high. So all altcoins are affected by the price of Bitcoin. That's why we still need to keep an eye on Bitcoin when making an investment decision.

Do you have any tips on who might actually make it, that is kind of new and interesting? Binance Chain Alliance sounds like a closed loop to me.

@Mindin. Mimblewimblecoin hehehe?

I predict that 2020 and 2021 will be the hype of Mimblewimble privacy technology hehehe. Litecoin have begun adopting it. The next adopters might be the other old altcoins similar to dogecoin. The last would be the scamcoins hehehehe.



With a provable supply cap of 20,000,000, MWC is a scarce pure proof of work Mimblewimble based coin that enables greater network scalability, privacy and fungibility than legacy blockchain protocols. All transactions on the base layer use Greg Maxwell's Coin Join with his Confidential Transactions and signature aggregation. MWC is the technologically superior ghost money.

https://www.mwc.mw/

A very interesting project, but it's more than a year old, so it's hardly a newcomer.

With the price conditions and also not listing on coin marketcap, I think it will take a long time for the coins to be targeted by investors. Investors will definitely choose coins that have been listed at large exchangers and also large liquidity

Presently the best POW I am more into is Veil Privacy coin, I won't say much about it as it's just a privacy coin with better features when comparing with Monero and others

I am an old school guy and I won't be interested to venture into something new. I first of all do not believe in coins that are less than a year old. My personal favourite is Neo and Decred. Read  an interesting article about the Best staking coins (https://cointikka.com/best-staking-coins-to-earn-interest-on-crypto/) while searching few new one and added Tezos to my kitty.

That's fine. Each our own taste, but you fail to see the point of the thread. This poll isn't about what coin you think is best or worthwhile from the last decade, but the last 6 months.

On another note, by your standards you would have considered Bitcoin uninteresting in 2010 and Ethereum uninteresting in 2016, when they were both new and under a year old. I think that would have been a serious mistake.

I took part in the Veil bounty campaign. Sold the tokens as their future prospects took a turn for the worse. I see on coinmarketcap i didn't lose out on anything.

Last chance of getting some free BTV coins. There is an airdrop of 75 BTV at their forum https://forum.bitvaluta.org/viewtopic.php?f=3&t=13
23 out of 200 spots left, so hurry up.

You can also get free extra BTV by being active at their forum by posting.

 ;D

Added MimbleWimbleCoin MWC to the poll. What are your views on that project?

Good project, based on the same blockchaintech as Grin.

MimbleWimbleCoin has been added to the poll, has the same privacy technology, should be right up your alley.

The devs at Bitvaluta seem to be quite creative, at least they made this very cool looking intro movie https://t.me/bitvaluta/1060

Sweet looking logo on that sweater  ;D

That goes without saying, its a given. Once some or all of these get listed on coinmarketcap they'll get more attention than what they are atm.

What is the point of this discussion on collecting new POS/POW coins. Because, my concern is there cannot any point of looking for best POS/POW coins in this crypto space. Yes, these coins will be dumped in coming days even they are THE BEST.

From the past experience and observation what I have learned is, people mine or stake such coins by studying its actual potential, still they will dump their rewards at current market and makes finally those coins get delisted from the exchanges. I mean they will choose highly potential (or best in your terms) but they will never prefer to hold the rewards; that is the actual problem here with such POS/POW coins whereas tokenecomic are not facing such problem.

That must be very good point here. Decentralization allows everyone to mint from the supply but people are rushing toward encasing their rewards which will be going against that coin. I completely agree with your point but we must work on a probable solution for encouraging POW/POS coins because with token, you could never get chances to mine which means one important aspect of decentralization is suppressed there. In my opinion, tokens are partially corporate coins as they are the crypto version of stock-like. We should not encourage them.

At the same time, people who mine are not noobs to dump their mining rewards. I mean they will keep on holding when they realize there will be the future of those coins. At the same time, miners will choose coins based on current market value so that they could cover running costs of mining process. Hence, dumping the rewards in inevitable for them but they will opt to hold some 10% to 20% of rewards but based on potential of a coin.

ETH's POS feature implementation is highly anticipated by this community. But, for some reasons they keep on delaying it. I agree that ETH will be the best POS/POW coin in 2020 when they will be having staking feature included. I'm not sure how ethereum will be withstanding against its good price levels with this kind of enormous supply. Ethereum is not having any economic rule for limited supply which means it will get dumped hard at any time because we cannot predict all the whales to continue their holding forever.

As of now, ethereum is doing good in markets hence mining and staking it will be highly profitable right away but anything could change in coming days because already ICO markets is down which must be the one of the best support thing for ethreum's market value.

MicroPaymentCoin is working fairly well for POS/MN coin. Wallet and chain works just fine, no issues with sync or transferring coins so far.

The coin is traded on https://altmarkets.io/trading/mpcbtc

Would it be a fair question to ask that Ethereum is moving to POS because it has played out its role and is now running on empty. I'm talking about most of these ICO tokens have been proven to be total scams, and ETH price is in a stalemate.

Has the crypto market had enough of Ethereum and now they have to come up with this POS stunt, alternatively ETH would just very slowly wither and die with time.

Is there any proof in the pudding here that noone wants to highlight?

I would like to invite you all to the MicroPaymentCoin Discord and/or Telegram channels to find more about MicroPaymentCoin:

https://discord.gg/JhzzzRa

https://t.me/micropaymentcoin

We recently released the roadmap and whitepaper, and currently working on more exchanges, and our first payment integration with a game!

Also a lot of information is on our website:

https://www.micropaymentcoin.com/

Guys, stop doing this strategy, these coins that looks technically good - good on whitepaper, in most cases it is just a coin that profits on buzzwords. But if you think what makes coin valuable it is community - number of users. Not coin with better technical parameters. So avoid these quick profit schemes and buy real undervalued coins.

Number of users mining are steadily climbing. For instance Bitvaluta has seen a massive increase in miners and hashrate, so clearly it's getting more populare.

Surely mimblewimble is where all the gpu miners would move to as the Ethereum switches to POS. Currently large majority of GPU miners are mining Ethereum and they need better options to switch to. But this would also create a large surge in hashrates for every GPU centric coins making mining further unprofitable.

Would depend on the electricity cost localy. If the profitability takes a hit, a lot of those gpu's may become unprofitable and offline.

Should we expect a flood of amd gpu's on ebay when ETH goes POS?

Not so sure about that, what about Ethereum Classic, probably a lot of ETH miners will switch over to ETC imo.

New chance of getting some free BTV coins. There is an airdrop of 600 BTV at their forum https://forum.bitvaluta.org/viewtopic.php?f=3&t=64
Only 50 places total, so hurry up.

You can also get free extra BTV by being active at their forum by posting.

600 BTV is quite good as the total supply is only 1,921,864 coins.


Good luck!

 :) :D ;D 8) :P ;D :)

Added Idena (DNA) to the poll. Very interesting and groundbreaking project.

Need an invite to mine, hard to get.

I thought you made list of the best POW/POS coin in this thread  ;D
For me, the best newcomer coin is the coin that have fair mainnet launch (announce to community),
and have little or no premine for their developers, this is to prevent dump later if the coin price growing.

i did not mine for a long time , rig is sleeping now , till new opportunitys

I wouldn't touch ANY new projects this point in time where the overall market is SO bearish. There's simply no point, as even the top 20 coins is SO cheap to enter at this point.

If you look at low cap projects like Blocknet, you can make even more in terms of ROI. Blocknet to name an example was founded in 2014, and soon has 2 products on the market, on top of their DEX, which is:

XRouter/Xbridge, which essentially is a decentralized oracle network, which can communite with real world applications, and other blockchains.
Multi Currency Wallet Lite wallet which can be used to trade on their DEX, without syncing any chains, saving a ton of time.

New projects lauching is doomed to failure because of lack of "hype" and marketing. It's that simple

ETH had a huge premine, and it is only next to Bitcoin in marketcap now. Premine does not equate to shitcoin or scam.

Market is turning somewhat bullish, at least today  ;)

Bitcoin and alt's are on the rise. Next station BTC 10,000

So in your opinion every new project is doomed to fail... I don't even know where to start with that, it just doesn't make any sense. LOL

So if I read you correctly you are slamming any new projects other than the one (Blocknet) you are trying to hype. You're funny at best and tragic at worst. Dont be such a shameless shill. LOL!

 ;D ;D

Is Idena really the best newcomer in this list although it has no votes?