I was really hoping for replys like this

i think diversification is the key to success so i am not really looking for specific coins more trying to identify the direction crypto coins are moving

i noticed that a lot of alt coins are just copycats of each other with without any clear direction or papers published or roadmaps

that is why it is important to consult with you guys coz you have much more knowledge and experience

from everything i have read one work keeps appearing everywhere and that is decentralization

that in general seems to be the next step in internet and technology

i think that crypto coins can be sorted in following groups:

original coins: bitcoin and litecoin these are the oldest and most established and well know. Possibly the safest to invest in.

next generation coins: zcoin, verge, zerocoin, cloakcoin and monero coins that promise to eliminate all the weak point of original coins, enhanced security and scaleability

monetary coins/tokens: xrp, dash coins that aim to integrate with banks, advancing the decades old swift system  and general usage online and in store

social coins: steem and reddcoin

blockchain dapps and platforms: eth and stratis

decentralized storage: sia and storj

decentralized supercomputers: golem and iex

decentralized internet: safe network

gambling coins

does any of this make any sense at all? anybody can think of any more groups?

Hey guys

I am new on the forum and i have never bought any coins before, but i have been reading lately alot about it in details so i am just looking for ideas and thought process how you decide which coins to buy and how you filter through all this information about hundreds of coins.



How do you guys judge which coins are scamcoins? For example i have read threads on forum about Dash being a pure scam, but somewhere else you can find threads that Dash is the future of cryptocurrencies and you can see it getting accepted and price rising? Do you pay attention to threads calling some coin a scam or just ignore it as somebody crying because they lost money?


This last jump high for BTC was because higher demand in China and Japan from rumors that they will be recognized as legitemate payment option but if this happens they will be regulated and monitored so they will no longer be anonymous what was the original idea behind the creation of BTC. So in long run won't accepting and regulating BTC just ruin it becase it will destroy the only reason it got so big in the first place?


And where do you see the future of crypto? As i have been reading i notice that the most dominant trend is decentralization?

I mean projects like Sia and Storj offering decentralized encrypted file storage in the future maybe competiton to Dropbox and Amazon. So if just one of them pulls it off their coins could skyrocket hundreds of times or am i completley mistaken about this?

More projects building on decentralization  the internet like Maidsafe and decentralized super computers like Golem and iEx also offer their coins so how would you decide which ones to buy or would you just buy smaller portions of all of them? Anyways if only one of delivers on their ides all the money from other decentralized projects would just jump over to the working one pushing the wining coin even higher?

Regarding Safenetwork from Maidsafe are they offering the holy grail of everything all other coins are offering? If they manage to deliver on decentralized internet, filestorage, dapps woldnt this just kill the need for all other coins?


I aslo see alot of coins like Zcash, Verge, Zerocoin, Cloakcoin and Monero claiming to be far better version then Bitcoin offering much stronger security and privacy. Monero is allready skyrocketing and i think Zcash claimed their security is mathematically unbreakable. So i am wondering will this new coins that are more secure and scalable just push Bitcoin out of the way or will Bitcoin hold on as it has till now?

What are your thoughts about projects like Etherum and Stratis, and so called social coins like Steem and Reddcoin?

 And last its not crypto currency but what do you guys think of Ripple? I have rad alot about Ripple and i saw that some banks have pulled out of it and the R3, chossing to develope their own projects or going with Ledger from IBM in which small guys cant invest atleast not that i know of. But i also read alot of banks accepting Ripple and already making succsesful cross border payments? If ripple delivers on their plans this should push the price of XRP hundreds of times??

i am sorry for such a long post but any reply is much appreciated.

Thanks