Bitcoin Forum

TL;DR

We're launching CipherTrade, the new crypto-securities exchange, with the following securities markets: BTC, LTC, PPC, XPM & ANC. We have room for a 6th. Which cryptocoin do you think it should be?

Update on CipherTrade

As you may have heard, a group of us have got together to launch a new exchange which will be called CipherTrade.com. We will be offering coin-to-coin trading, but much more importantly we will be offering multiple securities markets; one for each coin.

We have brought together a power-house of people for this project:

• Kate (me, one of Britain's top ICT entrepreneurs)
• evilscoop (Giles, my right-hand in cipherspace)
• Benny (issuer of BUY-A-HASH)
• Deprived (man behind DMS*)
• krypto (long-term crypto-investor)
• Simon (not on the forum; the entrepreneur behind zone.in (http://zone.in), and our lead developer)
• richwest (another of our developers; creator of is.gd (http://is.gd), Tweetails (http://tweetails.com) & other popular Web services)
• OgonDark (an experienced, CBOT-registered futures floor trader)

We are aiming for a beta launch in mid-December, at which time we will be offering a selection of pre-registered securities (which will actually be treated as contracts, shares in which can be purchased). From early January we will be accepting new contract issuance applications.

A key part of our strategy is to become a fully registered investments securities exchange with HMRC in the UK. We shall operate within the law, and I shall endeavor to work with government to encourage them to be supportive (I have a solid track-record in influencing government policy).

Finally, we shall be offering a range of features unlike any other exchange. I do not wish to give too much away at this time, but one example is that we will be incentivising issuers by sharing trading fees with them.
 
Giles is heading up operations, obviously full time, and we have an aggressive expansion plan. We currently have over $100k of sales and marketing funding - and that's before we're IPO'd. We are going all-out for large-scale from the outset and, to be blunt, our competitors stand little hope; unless we decide to acquire them of course.

Watch this space, we'll be making more announcements as we get closer to launch. For now though, let's focus on the coins.

The coins / markets

We believe that, like types of credit card (Visa, Mastercard etc) there is room in the market for a handful of cryptocoins. In determining which coins to choose we used the following metrics:

• Useful, functional differences to its competitors.
• First-mover advantage and a commensurate leading market cap for its coin-type.
• A strong ecosystem of users and developers supporting it.

Based on this, the top 6 cryptocoins which we think most likely to have a future are:

1) Bitcoin (BTC) (http://bitcoin.org). Bitcoin can be argued to be technically inferior to its newer brethren. However, history tells us that the most popular standard wins out, not necessarily the best (for further reading I highly recommend my good friend and British government Cabinet Office adviser, Simon Wardley - eg. this post (http://blog.gardeviance.org/2013/07/the-innovation-battle.html)). Bitcoin's dominance is hard to dispute, with a market capitalisation now standing at over $13bn. Bitcoin also has numerous fiat (normal currency) to bitcoin exchanges, such as BitStamp (http://bitstamp.net) in Europe and BTC China (http://btcchina.com), which its younger brethren lack. It is also the most widely adopted coin in terms of merchants who accept it.

1a) Namecoin (NMC) (http://namecoin.info/). Namecoin and Bitcoin are "co-mined" and thus it does not make sense to separate the two in many ways. It is also technically very different, with its main purpose being to secure and transfer arbitary names / keys without censorship. The intention is also that it wil be the currency for the .bit domain, for which the community is pursuing an ICANN accreditation (it is now possible to create your own global top level domain). However, we are not going to offer a securities market around Namecoin.

2) Litecoin (LTC) (https://litecoin.org/). Litecoin is the leading competitor to Bitcoin, with its market cap of $900m it is almost as far ahead of its competitors as Bitcoin is ahead of it (in relative terms). It was the first "alt-coin" and the original Scrypt coin - it has the first-mover advantage there. Not only is Litecoin more secure than Bitcoin (http://www.reddit.com/r/litecoin/comments/1cssqr/the_math_why_litecoin_is_more_secure_than_bitcoin/), it has other advantages like faster confirmations; 2.5 minutes rather than Bitcoin's 10 minutes. Thanks to its memory-intensive proof-of-work algorithm, it appears to be mostly immune to ASIC mining (unlike SHA256 coins). LTC also has a very devoted community, again second only to Bitcoin.  Many merchants do accept litecoin alongside bitcoin, and its ecosystem is growing with services like Litecoin Local (https://litecoinlocal.org) (a location-based in-person brokerage similar to Local Bitcoins (https://localbitcoins.com/)). There can be 84 million Litecoins in existence, four times as many as the maximum possible Bitcoins. This could be significant since the smallest unit of a bitcoin (one 10^8th) is already worth 0.001 of a dollar cent. Charles Lee, Litecoin's creator, views it as "silver to Bitcoin's gold".

3) Peercoin (PPC) (http://peercoin.net/). Peercoin is technically different again to both Bitcoin and Litecoin. It is designed to be less energy-intensive when mining (something of which I approve) and also more secure than Bitcoin. PeerCoin takes the #3 slot with a market cap of $150m. It also have an extremely voiciferous and dedicated following, at times verging on the fanatical (many believe PeerCoin should replace all others, rather than be complimentary to them as Litecoin's community sees itself). Peercoin uses a "proof of stake" algorithm as well. Perhaps peercoin's most notable difference to its brethren is that there is no limit to the number of peercoins that can exist, though they are still "found" at a constant rate.

4) Primecoin (XPM) (http://primecoin.org/). Primecoin differs mainly in the way it is mined. Mining Primecoins consists of finding ever-larger prime number chains. In theory this work could be useful. SHA256 and scrypt coin mining is a complete waste of power and computation by comparison. Also, Primecoin can be effectively mined with CPU, which means you can apply spare compute resources to it. CipherMine is successfully utilising the spare CPU resources on Memset's (http://memset.com) Miniserver VM hosts to mine Primecoins. Although Primecoin mining is of questionable use, it could in theory be adjusted to be more useful to the scientific community.

5) Anoncoin (ANC) (http://anoncoin.net). Last but by no means least. Although cryptocoins are designed to be decentralised and thus somewhat anarchic, they can quite easily be traced through the blockchain combined with transmission through the public Internet. Since many of the users of cryptocoins want anonymity, a group of very clever guys created Anoncoin. Its main feature at this point is that it is routed through I2P, the Invisible Internet (http://www.i2p2.de/). Anoncoin is a scrypt-based coin like Litecoin, so shares Litecoin's advantages over SHA256 coins. We believe that governments will ultimately come down hard on cryptocoins once they comprehend the threats posed to their existence (http://blog.gardeviance.org/2013/11/a-spoiler-for-future-bitcoin.html). Anoncoin therefore fills an important niche. Excitingly, the Anoncoin dev team (who can be found in the #anoncoin room on I2P IRC, and who were recently in the news (http://dealbook.nytimes.com/2013/11/24/in-bitcoins-orbit-rival-virtual-currencies-vie-for-acceptance/?ref=technology&_r=1&)) have a longer-term plan to improve anonymity either through implementing Zerocoin (http://zerocoin.org/) or the CoinJoin (https://bitcointalk.org/index.php?topic=279249.0) extension.

What we'd like from you

So, that is our starting list. There are now in excess of 100 cryptocoins and we are entirely confident that the vast majority will fail. However, we also believe, as above, that there is room for several to survive and thrive. The upper limit is probably around six or seven, and to that end we are considering an additional securities market for a final pre-launch, sixth alt-coin. We'd like to hear from you, the community, as to which coin you think should be added to our list, and why.

Kate and the CipherTrade crew.

---

Scorecard

I'm going to try and keep a score card matrix to capture your collective wisdom. It is a work in progress. ;)

Coin	Quark	Megacoin	Feathercoin
Votes	3	1	2
Technical uniqueness / first mover:	In niche and tech, yes	None apparent (LTC fork)	None apparent (LTC fork)
Market capitalisation	$14,139,969	$47,287,839	$32,111,689
Unique selling point / niche:	Security	Unclear	"Copper to Litecoin's silver"
Community backing:	Very popular at present	Very strong community	Commercial backing, fanatics, and big volumes

In before the flood of people pushing whatever flavor of coin they have strong holdings in.

Read my blog, maybe it'll give you some ideas.

Quark is gaining tons of attention right now.

Feathercoin, Megacoin, and Quarkcoin are all in the top 10 by market cap and worth of inclusion.

Of those, priority should be given to Feathercoin as it has the most active community and well developed user base, plus much higher trading volume than the other two.

You like to talk big about yourself don't you  :P

Having said that, i think feathercoin should be included. (ofc i 'm suggesting it because i own feathercoins and i hope for yet another push)

False modesty is the worst form of vanity.

Wallflowers don't get shit done.

Go CipherKate go!  Release MoonCoin!  Audis for everyone imminent.^TM

I'm afraid we have agreed to have a blanket ban on Feathercoin. Our advisory board does not believe it has a future. It is clearly a commercially-backed coin, not a product of the open source community. The strength of the order books are definitely artificial - they are too regular and too big. Also, there are many shills out there from what I can tell. Just hang out in the BTC-E Trollbox for a bit!

Megacoin is one I'd like to understand more. It has outperformed all other coins in terms of value this week (a 200x increase). But why? What is special about it?

I had not looked at Quark before. I thought it was just another scum coin. That looks very interesting indeed. A coin with a USP focused on security is definitely a niche. Of course there's the likes of Cryptogenic Bullion which strive to be extra-secure, but I don't think they have actually made any differences to the base scrypt coin other than increase the confirmations requirements.

Kate.

Yep. I'm a classic narcissist in all ways. Vanity is perhaps my single biggest flaw! :/

Kate.

PS. I'm an awesome, unique genius. Deal with it. ;)

The top ICT in Britain uses "shill" and "troll"? Really? Respect decrease incoming...

What's wrong with an ICT entrepreneur using colloquial language? I am of the net generation. I have spent years in MMO's, chats etc. "Troll" is a clearly defined term.

As for "Shill", from the OED:

noun
noun: shill; plural noun: shills
1.  an accomplice of a confidence trickster or swindler who poses as a genuine customer to entice or encourage others.
"I used to be a shill in a Reno gambling club"

Please can we get back to the topic? We genuinely want to include the community in the appropriate elements of the decision making for CipherTrade.

Kate.

Don't you have an advisory board for that? The same advisory board that thinks of feathercoin as "a commercially-backed coin, not a product of the open source community" while at the same time considering megacoin as a candidate  ::)

Watch out for "3. A strong ecosystem of users and developers supporting it." that can change at the drop of a hat.

Id vote for NVC, FTC (yea i saw you were advised not to bother but think it has more momentum than others) then maybe TRC or Devcoin...

Pecunia non olet, your Majesty.

I advise your advisory board to be more agnostic and less judgmental, instead letting the market decide desirability of and assign legitimacy to coins.

4,500 BTC worth of Feathercoin changed hands today.  Why let BTC-E alone reap those trading fees?  Because of the 'ZOMG PUMP&DUMP SCAMCOIN' FUD common to all altcoins?  That harms my interest as a shareholder and I object.

Megacoin, despite being open-source as well, faces the exact same charges of premining and other forms of bad-faith.  It has excelled regardless, now with a market cap of $45 million.

If Litecoin has a glorious future so does its little sister Feathercoin.  Just as Litecoin is a backup for Bitcoin, Feathercoin provides Litecoin with hot swappable redundancy.

As Ciphertrade's large marking budget attests, there's nothing wrong with commercial backing.  Play time is over; the adults are arriving.

Megacoin's success springs from the same factors lifting Feathercoin: attention to translations, services, community, ease-of-use, aesthetics, and yes, marketing.

If Feathercoin is PNG at Ciphertrade, Megacoin must be for the exact same #REASONS.

And so my vote changes to Quarkcoin, in order to sidestep this rabbit hole for the time being.

All hail Queen CipherKate of Bitopia!   8)

Nothing. The recent price rise is caused by uniformed Chinese investors who are throwing money at things without doing their proper research. The fundamentals of megacoin are horrible.

http://cryptolife.net/in-depth-altcoin-analysis-megacoin

I'm very bullish on Quark, for a number of reasons. If you ignore coinmarketcap.com, which hasn't updated a number of coins today, Quark currently has a market capitalization of around ~80 million, bringing it into fourth place.

It looks like a junk coin because of the number of units in circulation, but I consider this to be an advantage because it's much more fungible than BTC or LTC. There's a lot of hot air being made about the 'hold vs. spend' paradox of BTC as money, and I believe the distribution of Quark solves this for quotidien transactions. Further, it has a .5% inflation rate, meaning a set 1 million Quarks mined per year; this to me encourages circulation.

I'll copy what I posted in another thread:

The top ten cryptos by market cap. are BTC (SHA256) LTC (Scrypt) Peercoin (SHA256) Quark (6-Factor) Namecoin (SHA256) Megacoin (Scrypt) Feathercoin (Scrypt) Primecoin (SHA256) Protoshares (POW) Worldcoin (Scrypt).

I firmly believe that the most secure top-runners should have difference hashing algorithms to prevent market panic if crypto flaws are found. Imagine if we received a Snowden/Greenwald expose that indicated that SHA had been compromised by either a private or national entity; consider the market panic that would ensue in that case. BTC/LTC/Quark (I know, I know, as Max Keiser says) makes sense to me. They each use different hashing algorithms and could, in theory, absorb market fluctuations from each other in the case of attack.

Protoshares has a very interesting ASIC resistant algorithm, but they aren't at all meant to be used in a currency context; much like namecoin, they have a specific niche that they fill.

The Kim Dotcom style branding and resulting hype make it special.  Strong Chinese language support, slick graphics, and a pretty GUI don't hurt either.

Regardless, Ciphertrade should be in the business of providing a level playing field for coins to compete on, not participate interfere in the game by declaring winners and losers.

On that note, I'd like to thank all the investors (Chinese or not) who gave me the chance to finally sell my Terracoins, Ixcoins, and Freicoins at nice profit margins.   8)

You make a good point. From a business standpoint, we would be missing out on those high volumes. From the point of this thread also, we should be coming to it without prejudice.


MEC has only very recently had its huge (200x) price increase. With an absence of any explanation of news that might have caused this, I find it concerning. It looks like a pump, in which case it will likely collapse to previous values and be among the masses once more.


I just checked which cryptocoin clients I have installed. Only BTC, LTC and FTC. When I first jumped in, I absolutely agreed with you. Also, a more business-like approach to a coin is not in itself necessarily a negative; just innovation.

I would like there to be more transparency over FTC's activities though. Regardless, based on your eloquent argument I therefore hereby retract the blanket ban and will allow FTC to be judged on its merits.


So there is real backing behind MEC? That changes my view since it ticks the #2 requirement. I'd like to understand more about it though since, like FTC, I don't think there is room for another LTC-based/pure scrypt coin.


Hah! :) Well that's +1 for Quark, bringing it to 3. FTC to 2 and MEC to 1. I'll edit the OP with some stats

Yacoin http://www.yacoin.org/
variable scrypt PoW/PoS without premine. The most anti asic mining.

Why even make these posts? All the posts will just be fanboys that don't actually USE their coins for anything and are the ones trading 1 LTC worth of shit a day total while the rest of us watch and laugh. Everytime.

You're just going to add whatever coin you want anyway, why even bother asking?

Please consider Datacoin,

 
[ANN][Datacoin] Datacoin blockchain start announcement (FAQ & plans added)
https://bitcointalk.org/index.php?topic=325735.0

http://datacoin.info/

https://datacointalk.org/

Can I just add to this with a slightly off topic request: that your site uses proper price charts, or even better - supports Metatrader 4? Something sorely missing at the mo (along with PayPal support;).
Thanks

Interesting project, I will be following this.

I would recommend Megacoin since it has strong community support and the website is available in 14 different languages.  This will be a huge factor in global adoption and trading revenue..

I think Yacoin and Digitalcoin are worth considering.  They've been around for over 6 months and both are rising in the ranks and have a solid base of supporters.

and 0 inovation.

I dont think adding quark is a good idea since it seems like its a pre mined secure coin in my eyes

I'd say Yacoin was innovative when it was released with it's N-factor change, PoS/PoW and CPU based mining.  Digitalcoin is a solid PoW coin with improvements over litecoin.  And there is active development and services for both coins.

Gridcoin is the most unique coin on the market now. It has a very dedicated developer team. The first coin to integrate Boinc credits and info right into the blockchain. Just download the client and you can see how cool it really is.

I would caution against Quark. With 98% of the units mined Quark is uniquely vulnerable to a 51% attack. Quark's market cap was so small during the mining phase that ASIC miners were never built. The market cap is now huge but there aren't substantial incentives to develop ASICs for mining with only 2% of coins remaining.

On the other hand, a bad actor would have incentive to develop ASICs to gain 51% of the market network. That entity would then perform as much double spending as possible, gobbling up bitcoin/alts in the mean time.

I think Digitalcoin and Worldcoin would be great additions. They both also have USD Exchanges coming out soon!

Add MEC!

I think there are two major candidates.

1. DTC Datacoin, because it does something useful besides being a currency (stores user data in the blockchain, paid by DTC).

http://datacoin.info/
https://bitcointalk.org/index.php?topic=325735.0

2. QRK Quarkcoin, because of the market cap.

https://bitcointalk.org/index.php?topic=260031.0

p.s.

Maybe also Nxt, but it will be difficult to implement.

https://bitcointalk.org/index.php?topic=345619.0

Where is CGB?  :)

Quarkcoin I think, but you should have a direct Quarkcoin<->USD or Euro or British Pound exchange, not just Quarkcoin<->BTC trading pair.

How about a coin that already has an its own USD exchange. TAG is the obvious choice - services, dev team, and exposure other alts can only dream of.

Look again, Quark is a complete scam from the outset.

SecureCoin is based on Quark so it uses the same hashing changes but it has a sane economy behind it.

Nearly all Quark will be mined by the end of this month - that's right - nearly all of them.

SecureCoin uses the Bitcoin coin generation model hence it has some sustainability as the coins will be generated over many years instead of a few months.

I thought SecureCoin was dead. It disappeared from the CoinMarketCap.com because the blockchain explorer stopped working, and if you download the client it cannot download the blockchain (even if you add all the nodes available in the thread).

It's far from dead, it's trading for over $2 on btc38.com, the chinese exhange.

If there's problems with the original set of nodes then the package should be updated.

There are a bunch of permanent nodes right now and the network is just fine.

CryptoAve is launching soon as well, this will have a limited number of currencies on it, I'm not entirely sure which ones it will be limited to but I know BTC, LTC, DGC and SRC will be on it.

This is a USD fiat to Crypto exchange.

SRC and DGC are also going to appear on more Chinese exchanges.

This is wonderful news! Looks like you have a solid business plan as well as a talented support team. When viewing the current crypto landscape, from an exchange point of view, the primary concerns are attracting customers, trading volume and finances.

There are different ways to go about this including:

1) Adding many coins (difficult to manage and causes market saturation and performance issues)
2) Adding just the main long term established coins / "bread and butter" (brings nothing new to the market and relies on luring other exchange's users)
3) Adding a blend of established coins and new coins (can be risky as the newer coins can be harder to predict volume/trading interest)

---

Personally I feel approach number 3 to be the best and most conducive to success. This appears to be the strategy selected by CIPHERTRADE which I find refreshing and exciting!

---

Now the question comes to coin selection.

1-3. listed coin choices (plus NMC) are all solid and established currencies and in my opinion great bread and butter coins to build on

4. Primecoin is new, but unique with a large following and top notch dev team. Although newer, I also view this as a bread and butter coin due to its listing on major exchanges and creator (these first four, sans NMC, ironically are the only ones that I am invested in other than CGB - which in full disclosure I am involved with on the development side)

5. ANC is a very interesting coin that fills a niche and has an established following plus exposure on numerous exchanges. Although it has had issues in the past, it treads in some uncharted waters and appears to have long term goals. Your reasoning for addition is valid, however I am one from the school of thought that if the Govt wants to shut something down, they will find a way.

6. ???

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The proposed coins mentioned in your thread:

Quark - new currency with explosive growth in the past couple of weeks. Extremely popular at the present and has a rather unique design. I am not sure what the future plans are for this currency though as I could not find any white papers or mention of development plans (I could be wrong).
 
Megacoin - another new currency with explosive growth in the past couple of weeks. Very popular in China and listed on a couple of Chinese exchanges. Very strong community support and seems to have a talented dev, although not very accessible.

Feathercoin - one of the first coins to come along that would not classify in the bread and butter category, yet old enough that it could be included. I think this is a solid addition but not in the category of adding something unique to attract market share to your platform.

---

My proposed addition:

Cryptogenic Bullion - bet you didn't see that one coming! Cryptogenic Bullion is another one of the newer currencies. Here are my reasons to suggest it for consideration:

- Hybrid algorithm to provide added security as well as to pay interest via Proof of Stake
- Extremely scarce (~1 million) so the cost per unit could expand exponentially and still be undervalued
- Large marketing budget that helps to bring crypto exposure to new markets (appeared 2 times on Yahoo finance, well over 10k likes on FB, etc)
- Offers annual awards for development/services (first awards this month)
- Devoted, innovative, top-notch lead dev who is public and available
- Major project in the works to tie to CGB (see MADEsparq)
- Fluctuation between #8 and #16 market cap in the past few weeks

Cryptogenic Bullion has made these accomplishments while having the least opportunity for exchange exposure in comparison to any of the other cryptos in the top 20 market cap. Really amazing if you think about it. The unknown is where does CGB volume go when it does finally start to get its opportunities for exposure? My biased opinion says through the roof, but something for the CIPHERTRADE team to consider.

---

BTW, all of the suggestions in the OP are excellent and in my opinion should also be added. I think a good balance of 4 established bread and butter coins plus 4 new addition coins is the recipe for success here.

Good luck and Godspeed!

- Apologies for any grammatical errors in posting as I have a fussy baby in my ear while writing this.

+1 for CGB! With Madesparq as an innovation to the blockchain, I think it would be a great idea to adopt CGB! If has stable growth compared to most of the other alts, jumping and crashing caused my pumping and dumping. Devs/Admins of Ciphertrade, please consider CGB as your 6th coin  :)

Another vote for CGB. https://cryptogenicbullion.org/

Besides a being a solid PoW/PoS coin with a good market cap, it has a very professional team of developers and marketers. The website is available in 9 languages for a global market. The coin has great adoption and community, and a fair number of services.  The MADEsparq project (https://docs.google.com/file/d/0B7K8VdCHpm-pbTBEU1g0d0NmY28/edit), is very innovative and will add a new dimension to what is possible with crypto-currencies, adding more value to this coin.

It would be a great addition to your exchange!

+1 for CGB

If you want volume add quark, it has broke cryptsy. Will be good for you and the coin.

dgc

Yeah another good one, used to have a very active dev one of the very best. I guess he is coding out the new exchange right now since i don't see him on here so much these days. However yes dgc was a good coin. QRK DGC or CGB are all excellent coins. MEC does have a lot of supporters too, i do not consider that a pump and dump coin at all.

+ CGB

Can i vote on not adding anything else whatsoever?  :D
I don't see any real potential to anything else other than BTC/LTC/PPC/XPM/NMC

Come back and read this post in a few months time and see just how blind you really are.

I'll vote for CGB too.

Which one of the alts do you think i forgot to the list of coins with potential?
Btw i 'm judging only from alt coins features over bitcoin. I don't doubt about the specaulative potential of even the shittiest of the crap coins.

dtc

dtc

SRC and DGC

Prices today December 4th 2013 :

SRC - 16 Yuan (US$2.63) - forget about Bitcoin pricing for this one for a while, it mostly trades on btc38 which is a Yuan exchange.
DGC - 0.00025 BTC - US$0.30

These are two to watch.

SRC is Quark without the insanity of mining all the coins in the first few months. In fact it started off with a very low reward and ended up with the same reward structure on a daily basis as Bitcoin.

DGC, Scrypt coin no instant mine, no pump, no dump. Solid and reliable, fast block times, no forks.

Datacoin - no premine, innovative 'storage' feature, decreasing reward, a lot of projects coming based on platform of this coin.

I don't think these pairings provide differentiation from what numerous exchanges are already doing, hence probably not a recipe for success - unless offering this platform with no exchange fees, but then again, why would anyone do that?

+1 for CGB by the way. My webstore already supports a physical representation of CGB made out of .999 fine silver and a couple of t-shirt lines with plans to continue to expand CGB related lines (and other select cryptos) while accepting CGB as a payment option.

Mmmh i like cryptostocks, but i would use your service with megacoins if you implement it :)

I vote for CGB :)

Another vote for CGB here. Please get this coin added!  ;D You will have no regrets for sure!

IFC - its basically the only coin that has pushed for  large amount over trading with 0.0000112312
So its more in line with $ or € - where you trade in whole number values withotu spending a fortune instead of paying  decimal number values for stuff.

If soemthign costs.. lets say 1000 IFC  or 0.1829432 LTC....  IFC for a normal person is easier.

DTC - Datacoin.

ProtoShares!

https://bitcointalk.org/index.php?topic=325261.0
http://bitsharestalk.org/

So you mentioned two coins with no new features at all but full of potential for a pump and dump run. How is that any different from what i said?

+1 for DTC (datacoin)

CGB is a winner with it's outstanding dev team.

Cryptogenic Bullion (CGB) should be considered.

I'm for DATACOIN DTC
thanks

Where is OP?

+1 for Protoshares

+1 for datacoins

Good luck getting registered with HMRC  ;D

CGB or SRC would get my vote

ProtoShares

She was assassinated by Bitcoin Assassins* The wonderful world of cryptocurrency.  ;)

But, really, I think she lost interest.

gluck

infinitecoin!

Where is your rave about Cryptsy?

Cryptogenic bullion, please. 

Definitely CGB!
Awesome Dev, great community and it really fills a niche as a rare, low inflation, interest-bearing coin. Also genius project (MADEsparq) in development.

I see 13 votes for CGB.  :)

CGB :)

+10 ProtoShares!
+1 Quark

Voting for Gridcoin

Datacoin

megacoin +1000

Qrk or Pts.

That should be counted as a negative vote due to idiocy.

Gridcoin or Curecoin.

Wouldn't touch Protoshares with a ten-foot barge pole, the fundamentals of it seem highly questionable.

I'd recommend Feathercoin. It's already pretty etablished and known, so I think it'll be the right choice.

Do already have a suggestion on which date you'll be able to go online with ciphertrade?

I've invested in ciphermine/ciphertrade & the new platform is going
to provide great opportunity for those who stayed with them before the
LTC Global shutdown..

count my vote: Datacoin

I'm all for the altcoins that have true innovation to offer & never settle for anything less
than that

may the best altcoin win

This turned out as a thread were shills and sockpuppets are trying to promote crap coins for their pump and dump schemes.
It's meaningless because i don't thing that whatever op decides that it 'll have that much impact to any of those. Or i may be wrong and their
business turns out as something big in the crypto-world.

+1 for Quark.
+1 for Protoshares (really cool idea)

A vote here for DGC and DVC.

Datacoin clearly ticks all the boxes.

Specially at the part needing to differentiate from the crowd.

WDC has a potential. One of the fastest transactions afaIk

DVC

Datacoin for sure!

Ow well. I would suggest skeincoin, but it probably is a bit to new for now.
skein-sha256 algo, ment to be easy to implement on CPU,GPU,FGPA and ASIC.
http://www.skeincoin.org/
https://bitcointalk.org/index.php?topic=322828.0

Megacoin!!

My vote goes to QuarkCoin but Protoshares would be awesome too...

I would like to see DataCoin (DTC) at CipherTrade.

https://twitter.com/ThisWeeksCoin

You already picked one scrypt coin so if you have to go for another I suggest one that can be merged-mined alongside it because otherwise the hash-power is fragmented and it is unlikely two would both have half the hash-rate, likely one would end up with less than half...

For good strong hash-rate why not pick up IXCoin or I0Coin, no fragmenting of the hashing power there. IXCoin has a new dev it seems who is gung-ho on getting coloured coins running on the IXCoin blockchain.

-MarkM-

I would say this:

http://youtu.be/nUPXPTGTcMM

Cryptogenic Bullion

add doge, much brown

DOGE not only demonstrated that a stupid meme could summon up overnight enough hashing power to PWN any GPU coin other than Litecoin, it also thereby demonstrated its own vulnerability, since what was done once can be done again; another meme could summon up just as much hashing power, maybe just a tinsy wincy bit more, and pow, PWNd.

So for GPU-mined coins unless it is your intention to set people's money up to be PWNd, go for Litecoin or none of them at all...

Anythign so pathetically low in hash-power that a stupid memo can pop up out of the blue with more hashing power than it has is way the heck too vulnerable to be used for financial applications / money, especially other people's money.

(Criminal negligence? Willfull negligence? With malice aforethought? Culpable irresponsibility? Etc..._

-MarkM-

It seems that the owners of this venture have taken the time to do due diligence on the first 5 coins.

It seems they are falling short in diligence by considering coins like quark and megacoin which have been premined, and therefore vulnerable to pump and dump.

Do not let market cap fool you into thinking these coins have legitimacy.

Either stop with those first 5 coins for now - as they do seem to have innovative features and potential for profit - and reserve the 6th spot.

Or else consider a non premined, non instamined coin like DGC, digital coin, reliable, steady, safe.

You could also look at high risk, high reward innovative concept coins like MSC, or ColoredCoins.

Including those other scammy pre mined coins would make you lose credibility certainly in the eyes of those in the know in the crypto coin community.
 
Good luck with your venture!

Stew

Lottocoin

dogecoin

reason:
- funniest
- unique phenomena
- perfect speed (60sec = fastest secure, under 60sec security become a concern)
- 2nd biggest hashing power (only behind litecoin)
- less worst wealth repartition amongst all crypto

iXCoin is my top pick, nearly as old as Bitcoin and 5+ PETA hashes of secured hash network, and growing quickly.  Only Namecoin and Devcoin come close.

Also, if you're expecting to trade a lot of new CrapCoins with billions or trillions of shares make sur you take at the now stable CENT coin as it has trillions of coins and is very liquid and doesn't appear to be a total scam like most coins with lots of coins.

DigitalCoin, here are my reasons:

-DGC has not forked since inception more than 6 months ago. We have a strong resistance to attacks that other script coins do not from randomly appearing blocks with a pre-determined non-regular reward value.
Coins that forked: WDC, FTC, DOGE

-DGC has remained stable with community support and development.

-DGC is available on a multitude of exchanges like Cryptsy, Vircurex, Crypto-Trade, BTC38, and more. This makes it easy for all kinds of users to transfer to your exchange.

-DGC is available on user friendly services such as http://blockr.io.

-DGC provides members with a secure online wallet at https://mywl.lt.

-DGC is growing, unlike many which are shrinking over time. http://coinmarketcap.com/dgc_180.html

Thank you for the consideration.

Regards,
Baritus

+1 for Digitalcoin

Great coin, Great Dev, Great Community.

Not to mention it's value is resilient and is actually going up during bitcoin dips unlike most other alts that simply follow the trend.

I would say Digitalcoin all the way, it is the most promising up and commer and has an amazing community behind it as well!

Ixcoin

I suggest you avoid scammy pre mined pumped up coins like Quark and WDC and go with DigitalCoin instead.

Maybe also consider SecureCoin - a long term good bet as something slightly diferent, it's a CPU mined coin based on Quark but without the massive instamine and with a stable Bitcoin based mint rate over time.

These two coins will feature alongside other popular altcoins on the upcoming CryptoAve exchange which has an ETA launch date of around the end of the month.

They are also traded on btc38.com - the leading Chinese altcoin exchange with big volume.

+1 Digitalcoin

To see iXcoin would be great!

- secure network through merge mining
- long before established
- no pump and dump shemes
- hard to mine
- very stabil at price

this right here, what more do you need? check out the sidebar on the Digitalcoin subreddit for info & links: http://www.reddit.com/r/digitalcoin (http://www.reddit.com/r/digitalcoin)

Megacoin did ~$5 million USD equivalent on BTC38 yesterday if that helps your decision..

+1 Net Coin

nothing to see here folks, keep on walkin'  8)

You should just make a new post with a poll in it.  This is going to be messy as is.


Personally I think Digitalcoin or Worldcoin.

this...
+1 vote for iXcoin (IXC)

+1 for Digitalcoin

Digitalcoin please.

+1 for Digitalcoin here too

digitalcoin + 1 :D

+1 Quark

Obvious choice:  DGC - "A Currency for a Digital Age"


Great name, community and dev with stability, security, services, exchange... 


-tb-

I back dgc and just leave that link here for more information:
http://www.reddit.com/r/digitalcoin/

100 percent fair launch, awesome development team and many services in the works



selling point:
best engineering, extremely fast, fair distribution(fair launch)

no fair launch:
Quark, Megacoin

extremely unfair distribution:
Of the 247 million QRK the developers own roughly 85-90% of them.

crappy engineering and already succesfully attacked:
Feathercoin
http://www.coindesk.com/feathercoin-hit-by-massive-attack/

Megacoin & Digitalcoin +1

digitalcoin it is. The community behind it is growing rapidly and is very active from what i can tell. The name is superb, too.

I agree digital coin is a strong coin with no pre mine and the best community.  With CryptoAve just around the corner the prices are rising steadily and will continue to do so. Also as a CM shareholder I would love to see it on the new CT.

Is this project even still alive ?

The last post from the OP was on December 1st last year.

http://www.ciphertrade.com shows a countdown.

Consider binary coin and dogecoin, they are new but are promosing if they got some more attention

I'd love to see quark up on cipher, mostly because it's very cheap at the moment. That's a large incentive to put it up fast, at least for the long term investors.

+1 Quark

+1 Quarkcoin. The security features alone should be worth adding it.

Lol.  I'll come back to this after the inevitable 51% attack happens.

It won't be long now.

Indeed. Locking a coin to CPU is not a good idea.. *thinking of serverhalls* *lots of CPU, less GPU*

CPU is not a good idea ?

Five years ago a coin was created which was mined only on CPU based systems, this coin is Bitcoin.

Nothing is locked into CPU only as we have seen with Bitcoin, that's just where it is right now.

It has nothing to do with CPU mining.  It has everything to do with it's Block payout system.

https://bitcointalk.org/index.php?topic=401509.msg4347887#msg4347887

Did y'all get my vote for CGB?

I will be listing my alternative coin casino's when I get a response. https://bitcointalk.org/index.php?topic=409984.msg5536302#msg5536302

Now is Mastercoin,you can check http://coinmarketcap.com/