I will be picking up BTC at some point, and will add some LTC if it dips. What I'm interested in is what alt coin should I get more of for decent returns in 2-4 years? I have my own ideas right now but was curious as to what you all think. If you could say why you chose a certain coin that would be great too!

People here need to realize banks are why XRP is the third highest market cap in all of crypto. They control the worlds money supply for the near-term. If they intend to adopt Ripple's tech, XRP will go up. If they start using XRP itself, then it will skyrocket..

This is smart money. Thing is, you won't see huge gains (without news) because it is meant to be relatively stable, and it will take a few years for adoption to takeoff. It is largely still being tested by financial institutions.

LamboToken. Tipping token for social media, mostly reddit and crypto related boards

If it performs like FuckToken (another new tipping token) has, you will see 10x profits in a few days, if you manage to catch a spike as I did.

I wouldn't put a ton of money into it, but you could turn a modest amount into something substantial.

http://lambotoken.io/

For me, considering both stability and potential.
1. Ethereum
2. Bitcoin
3. Factom
4. Ripple
5. Antshares
6. Waves
7. Monero
8. Shift
9. Litecoin
10. Golem

Honorable mention to MaidSafeCoin, but I didn't list it because it is more of a 5-10 year hold, not something that will grow crazy amounts in 1-2 years.

Vitalik tweeted there will be no rollback. As the hacker has only 3% of all ETH. A lot to be sure, but not enough to warrant another split.

Looks like a white hat group managed to take $80 million in other tokens to prevent them from being stolen. So damage is limited to 30 million. Bad, but a drop in the bucket compared to ETH overall market cap.

The price is dipping as we speak, but I see some people saying the hacker may actually not be stealing the ETH, and just took it hostage to get the issue resolved. Thoughts? And will this affect ETH prices in a large way short term?


Link: https://twitter.com/maraoz/status/887755889897295872

Blink twice if they are going to address cryptocurrency solutions. Blink three times if they specifically mention Ripple. Blink four times if they encourage use of XRP for faster payments.

I'd say FuckToken has a lot of short term potential in the next six months. Its a joke token so it'll never be game changing, but they are super cheap right now and once the reddit tipping bot goes live, along with the twitter and slack ones, it should go up substantially in value. I think theres profit to be made if you're able to sell it at the height of its popularity in the short term.

Another could be MachineCoin, nothing super special but it's got plenty of room to grow from it's 500,000 market cap.

Instead of changing out BTC for XRP, you could just put some small amount of fiat into XRP, in case we are right. Ethereum too had its nay sayers when it was trading below $10. BTC has had it's naysayers for it's whole existence. Yet anyone who would've put an amount of money in the two would have seen it multiply many time by now. No real harm in doing the same with XRP, even if you keep all the BTC you have. Worst case scenario it goes to zero and you lose *instert small amount here* and you wont care since BTC will appreciate by then anyways.

Just to address some of the anti-XRP points I see being raised here, I'll provide some explanation, as Ripple is one of the few coins I've researched enough to talk about above a surface level.

First you must understand two things.

1. XRP is targeted at banks. Not you. Banks, the massive financial institutions that will continue to handle the majority of the worlds financial assets for AT LEAST ten more years. They are not stupid. They see blockchain tech and it's potential. They also have no intentions of being left behind. Ripple Labs are the leading group working with them to innovate a blockchain solution to problems they face in sending international wires, and storing multiple cash positions across their banks in different fiat (and in the future, crypto) currencies.
 
2. Ripple Labs has a massive interest in having XRP increase in value. As many have pointed out, it is totally pre-mined, and 20% is reserved for Ripple Labs to hold. They need that XRP to be valuable. It makes no sense for them to not push for banks to use XRP for transactions. Additionally, 60% of total supply is being put in a smart contract that will keep it out of circulation for at least 4 years, starting in December. Having the coin pre-mined is so that Ripple Labs can work to keep the coin increasing in value at a stable rate once it gains widespread adoption, after those four years. Banks want something stable, which Ripple will be upon widespread adoption. But again, it's in the interest of everyone holding XRP, including Ripple Labs, for them to release those additional coins in a way that helps bring Ripples overall market cap up.

Now, many of you are saying banks will just adopt a more expensive coin, like BTC, to achieve the same thing. This won't happen. XRP is designed to be the most efficient coin for what banks will need to use it for. BTC can handle <10 transactions per second. Ethereum can handle <50. Ripple can handle up to 1000 a second. In addition, each of those transactions settles in less than 4 seconds guaranteed. So there is little chance any substantial backlog of transactions could build up for XRP, unlike BTC. This means Fiat converted XRP can be moved in massive quantities across the globe, instantaneously, at a very low cost. See how this is something banks need? It will drastically reduce their costs associated with moving money between each other, and across borders.

While XRP may not be THE cryptocurrency of the future, it has by far one of the strongest use cases for the next 10 years. Its price right now reflects early adopter interest + some speculation bubble. It's price in 5 years will reflect massive institutions buying XRP en masse to use it to settle cross bank/cross border transactions instantly. So long as XRP remains the preeminent crypto solution for banking, it's price will go up. And, I expect they will maintain their dominant position, given how everyone here (and in crypto in general) seems to think working with banks is a way to guarantee failure. In the very long term? Maybe. But in the coming decade they will be rewarded for helping these giants become more efficient. That reward will be XRP skyrocketing in value relative to it's price today.

Lol this coin is hilarious. One of the best meme coins for sure.