Bitcoin Forum

I have noticed In the past few months there have been a significant rise in the value of Ultra Rare Altcoins.

By Ultra Rare Altcoins I mean altcoins that have a total production cap of fewer than 7 million coins.

To highlight this, just in the past 24 hours two altcoins - Footy Cash (FOOT), and Tatoocoin Limited Edition (TLE) both have seen 5000%+ highs and increases in their market valuations:

https://www.cryptopia.co.nz/Exchange/?market=FOOT_BTC

https://bitcointalk.org/index.php?topic=1374929.0


https://www.coinexchange.io/market/TLE/BTC

https://bitcointalk.org/index.php?topic=1853071.0


Both altcoins have fewer than 4 millions total production capacity.



Of altcoins developed of late (January 2017) I have noticed a trend in the departure from high coin counts as developers seek to reap short-term gains made from ultra-rare altcoins.

On coinmarketcap, the next highest valued coins after Bitcoin are the Ultra Rare Altcoins such as DASH (with a cap of fewer than 7 million coins) among others.

The newly re-developed Torcoin with a total cap of fewer than 1 million coins, reached a market increase of more than 10,000% in just a few hours after being introduced before controversy over a developer caused a price drop.  

It would seem that there is a market for potential investors seeking ultra-rare altcoins.

Most ultra-rare altcoins have market valuations of between $2.00 and $100.00 USD per coin (with the exception of Footy Cash (FOOT) which is undergoing a market correction - hence the meteoric rise in valuation the past 24 hours).

There are some exceptions; take Dreamcoin (DRM) for example: Dreamcoin is POS coin with a total cap of 2.4 million coins - but it's valuation remains low despite its rarity.  The DRM may be undervalued but the fact remains that the coin is only available on YOBIT exchange which is notorious for taking altcoin wallets offline for months at a time, leaving investors coins stuck on the site.  That fact alone may be having an impact on Dreamcoin valuation.  I guarantee that moving the coin to another exchange would see an increase of 5000% or more in the short-term.

I would like to compile a list of ultra-rare coins and post it here; but I would like to hear your thoughts on this subject first.    

Isnt this the general definition of a pump and dump scheme, people find shitcoins wait for them to pump and then sell off?

It does work occassionally but even on cryptopedia exchanges it can also fail dramatically.

However if you have some spare cash lying around then it generally can be a fair risk to take. After all you dont need to risk much on something that may give you a 5000% return lol

Seems like OP looking to unload  ::)

How do you equate coin rarity with pump and dump?  Most coins have valuations based on some sort of merit, whether it be a good dev team or some type of meme like dogecoin.

Most rare coins like DASH have high valuations because not only do they have a good software product but because there are so few coins on the market.

Does one have to make an altcoin with 100 billion coins to not be a pump and dump scheme?

This topic is not specific to any one coin - I requested a list remember? If you don't have anything to contribute to this topic then don't say anything at all! - this is a discussion board after all right?

Numerai is ultra rare

I don't know if we should include Etherum Tokens in this list.  Here's why:

http://www.coindesk.com/no-ico-hedge-fund-numerai-releases-blockchain-token-without-funding/






I don't think you can buy numerai on the exchanges, but I could be wrong.

You can trade Numerai on Bittrex.

https://coinmarketcap.com/assets/numeraire/#markets

Wow! $60.00 USD for one token.  I guess I shouldn't be surprised; there are less than 2 million tokens.

I guess we can count etherum tokens as well. 

Looking at the price of the most rare coins on coinmarketcap, it only makes sense to conclude that:

Rarity = Value

especially when it comes to cryptocurrency.

Looks numeraire mineable, The token will be generated every time like bitcoin and another PoW coin. And it can't be determined as rare coin, as far as i know, the rare coin is the only primalbase, what makes it being rarely rather than others? because there is a little supply in the circulation ( Up to 1000 Primalbase token) and remember if that was a fixed supply and you can't generate the more coin through mining.
each token equal with 3 BTC.
That is very little supply.

What do you mean each token = 3 btc?

Are you saying that each Numerai token is worth  $7377.36 USD?

You should add Primal Base : https://primalbase.com/
It's not yet released. Only 1250 tokens are available (1000 tokens for sale in ICO ) for 5 BTC/PBT which is ultra rare coins for now.
I wonder how much price when listed on exchanges.

how do they make money?

They make money on ICOs and run, obviously :D

xcurrency

byteballs or melon

WBB 2.something million will be rebranding soon as DLS https://www.dlsag.ch  long term believer in this coin.

Numeraire is not that rare, just over 2 million coins is similar to radium, zcoin, zcash. Korecoin has just over 1 million, I think not to much more to be added. Triangles has a supply of just over 72000, that is low. Cachcoin has almost 4 million. It is generally true the lower the supply the more it's worth, but usually it still needs active development.

If you are talking rarity and actually holding some sort of value then Unobtanium is probably the best. The honorable mentions are Bitbar and Triangles. There are some weird ones that have less coins but they are very much so gimmicky. Ex. 42 coin or 23 skidoo

Thanks for the input! 

I will add all these to the list. 

Keep them comin!

There are so many altcoins now it's getting harder to find gems.

I think it might be just a matter of time until all of these coins get pumped.

DMD has a low circulating coin supply of just over 2.1 million and I believe the total coin supply is going to be around 4 million so it is some what a rare coin and it is a POS coin. Another low coin supply is Triangles which someone mentioned here with just over 72,000 coins currently in circulation and I think I read that the total supply will only be 120k, it is also a POS coin so it may be a good time to stakes both these coins.

What is DMD?

It's very helpful if you make a list for ultra rare coins. To many millions and billions coins, there would be a sukhavati.

I think we should focus on development more than rarity. a coin with no real use does not worth it. no matter how rare it is

Rarity of a coin means very little, you need to look at Total Market Caps.

For example, coin 1 has 4,000,000 in circulation, with a market cap of 40m so $10 a coin.

Coin 2 has 400,000,000 In circulation, with a market cap of 40m so  $0.1 a coin.

They both have really good technology, on par with each other, they both hit 100m market cap.


Coin 1 goes from $10 to $25 a coin

Coin 2 goes from $0.1 to $0.25 a coin.

However, if you invest $1000 into EITHER coin, your portfolio is still worth the same at the end, $2,500.

you could have 100 of the expensive coin, or 10,000 of the cheaper coin.

Markets are determined by the Caps rather than the coins, look at those.

How about gbyte or byteballs, as well as the blackbytes that come with them?

They were over valued a month ago and lost more than half price during this slide, but are still worth more than $400 now. They are rare because distribution is slow to Bitcoin holders. If you don't have Bitcoin, you can only buy them on exchange.

When you want to go into Byteball the best is to buy at least 5 GB at Bittrex. Then you will get 1 additional GB in every following distribution. (Buying Byteball is better for distribution as buying and linking bitcoins, because you will get more byteball per $). Don't forget to link your Byteball adress for getting Blackbytes too.

TRI (Triangles) is also a very rare coin. The current supply is only 72,891 from 120,000 total supply. You can find there Website under: https://triangles.technology

Another ultra rare coin is PBT (Primalbase) - http://primalbase.com. There are only 1000 tokens available from a total supply of 1250. But if you want to purchase only 1 Token you have to probably pay over 4 BTC.