Best Altcoin to invest in for 2016 and WHY

[BTCat]

What is in your opinion the best altcoin to invest in for 2016 and why. Pls add why folks.  

I'm still in Primecoin XPM, CryptoBullion CBX, and Horizon HZ for longterm. Those have solid reputation and a good base for growth.

*** I do not recommend to invest in any mentioned coins without proper research, how it was launched, how it developed, community involvement, adoption rate, price history and volume, etc. So do your homework cause you're the only one responsible for your funds.

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[tiggytomb]

I just don't know anymore with the Alts, the ones I thought might have a pretty future like XAI are looking more like a scam and it's rife with scams all over the place.
I will keep an eye on this thread to see what the response is.  there is one Alt I am sticking with as I have been there since the start and it is a no BS coin, TRI (Triangles)  small supply, good devs with updates as and when, no promises made, cool Android app Trider, and a catchy little tagline "you know why..."

[tyz]

i would get out of Horizon and get into Qora. Why? Qora has unique tech, a functional fast decentralized blogging and social network feature including a search engine / web directory. Further, the coin offers AT. Not many coins do that. For all the tech it offers, the price is totally undervalued, compared to other POS coins like NXT, NEM or HZN.

[testz]

https://bitcointalk.org/index.php?topic=727004.new 

[benthach]

must be bagholder of these shit coins, never heard of them beside primecoin.

[americanpegasus]

Monero.  
  
And if you have any money left over, buy more Monero. 
 
It's the biggest thing since the original bitcoin.

[Snail2]

must be bagholder of these shit coins, never heard of them beside primecoin.

Ignorance is bliss indeed .

To OP:
All of them are relative old and established coins, but for me CBX seems to be a flawed idea and I never seen asset backed coins working really well, and XPM was a nice idea but it never gained too much traction, in addition Curecoin and Gridcoin are a better options for "computing for good" enthusiasts.
IMO from your stock HZ is the only one what have the potential for gaining some momentum.

If you like experimenting then you can try Qora and maybe Monero (hopefully they will be able to turn up with a useful client by 2016).
As main investment option you might want to think about a mix of "2.0" coins (NXT, Ethereum, Bitshares, etc.).

[KhalDrago]

These Threads are the most hopeless way to advertise your shitcoin. A good coin that has a legit team and marketing doesn't need such Threads.. but i guess some coins are so shit that outside the crypto nobody would even care so this is their only way hah.

[TPTB_need_war]

The best one for 2016 hasn't been released yet. Be patient. The low for cryptocurrency is coming in Spring. You do not want to be rushing in now.

The reason why is given here:

Next year we will bottom and see the interest in private assets grow again, but it will be driven more by anti-government sentiment (due to expropriation in the EU) and thus anonymous coins will receive much more interest than Bitcoin.

I don't know if XMR fulfills your anonymity needs, but this time around, seems to be the best there is for most people. Besides, it seems to enjoy the warmth of the pockets of some of the strongest players within the BTC infrastructure.

Hey that is all good. I have no complaint. I don't think it entirely fills my needs, but it is better than nothing.

Well I sort of replied to macgsa again. Sorry this is getting off topic of this thread.

Wexlike in theory you can mix your coins after purchase through the exchange, then obscure which coins are yours. Hopefully you'll be selling in the future to a buyer who is handing you physical gold, cash, or physical/virtual goods & services. For example xmr.to shapeshift.io allow you to pay in XMR to a BTC merchant.

However you do raise one issue which is that authorities can force you to reveal your private keys if they know you ever purchased coins. So then the mixes become useless. Also by unmasking others, the anonymity sets for all reduce and everyone's anonymity suffers.

So yes there needs to be a way for people to obtain anonymous currency anonymously via mining and selling their services anonymously. You could in theory rent compute time on Amazon AWS to mine coins anonymous, but then again can you trust that your code uploaded to AWS isn't tracked?

You see without an anonymous internet, the entire thing is hopeless. So the current crop of anonymous coins are incomplete.

[foxkyu]

take a look at $GEO. dev is very active, have solid community there, and development is still going on.
price was recently stable at 8k. here is the thread https://bitcointalk.org/index.php?topic=923995.2040

[g3rszpi]

HZ lost a lot of reputation a past months away. They have to build it up again and come out with much more "innovation"

[BTCat]

To OP:
All of them are relative old and established coins, but for me CBX seems to be a flawed idea and I never seen asset backed coins working really well...

CBX is not backed by any assets. The 'Prove of Value' network is just an idea that is shaping since last month as a sideproject.

Everyone their opinion, I think Horizon has more growth potential than NXT at the moment, not saying it's better or worse as a coin.

[Snail2]

Everyone their opinion, I think Horizon has more growth potential than NXT at the moment, not saying it's better or worse as a coin.

Indeed if the the site admins on horizonplatform could manage to pull themselves together then HZ definitely would have some growth potential, mostly because of they only have to take parts of the NXT code, so no need to spend money and time on developing those elements. Anyway with time it could be an "NXTLite" if they can actively recruit new users.

[Nxtblg]

HZ lost a lot of reputation a past months away. They have to build it up again and come out with much more "innovation"

How so?

[Snail2]

HZ lost a lot of reputation a past months away. They have to build it up again and come out with much more "innovation"

How so?

I've seen people complaining about missing payments from horizonplatform, the faucet constantly dying, others had some issues with the node payments, and I guess that was enough to get the reputation of a suspected scam. You know, old stuff but very true: the secrets behind every long lasting friendships are prompt payments and accurate accounting .

[Ducky1]

http://www.paradimeshift.org/2015/08/why-startcoin-why-now.html

[tradoz]

Do we really need this thread because 2016 is still far to come and there will come many changes into our choice before the end of this year.

[Nxtblg]

Do we really need this thread because 2016 is still far to come and there will come many changes into our choice before the end of this year.

Sure we do! At a minimum, there's be a necro-thread reviver next year who'll go through (some of) it and see how the picks turned out.

[rokkyroad]

These threads are useless. Newbies beware.

Bagholders promoting whatever they got suckered into buying and scammy coins advertising.

[KhalDrago]

These threads are useless. Newbies beware.

Bagholders promoting whatever they got suckered into buying and scammy coins advertising.

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