Best Altcoin to invest in for 2016 and WHY

[leipebarry]

Still no richlist and that is very important so I know what is going to be dumped
Will have a look but red flags are still with Orbitcoin.

Can you get a haircut using Orbitcoin?
With Digibyte and Guldencoin you can.

A coin may have all the newest features and techs but if I can't use it in real life or online to by stuff with it well it is basicly worthless.
The only thing that coin can be used for is dump and dump and I got a feeling that Orbitcoin is a pump and dump / scam coin  

[TPTB_need_war]

I am trying to explain to this hard-headed simpleton that those coins he is so enamored with, they don't have any competitive advantage.

Good luck with that.

I think that was disguised humor. Lol. I agree.

Can you get a haircut using ____coin?

A coin may have all the newest features and techs but if I can't use it in real life or online to by stuff with it well it is basicly worthless.

I emphatically disagree with the implied necessity of retail and tangible items purchasing (tangible items ordered online are relevant). Do you have any concept of how many more virtual microtransactions are done daily, many of which are monetized with an advertising model that is dying? Others are not monetized or monetized with a reputation and gift economy model.

You are incredibly stuck in the old world economy. You do not understand what is really happening. Sorry smooth is correct. I can not teach you with words. You will have to watch all your assumptions fail. I am not asserting smooth agrees with my assumptions (he doesn't even entirely know what I am up to).

Edit: the tangible economy is being destroyed as we speak by the coming Economic Totalitarianism. It is going to absolutely implode. People are going to need to do virtual commerce and be able to pay each other anonymously over the internet in order to prosper in the face of the State taxing and expropriating everything to death. The bankrupt socialist States of the West are driving the global economy into the abyss. You are focused on the dying portion of the economy. It is the virtual Knowledge Age that is growing much faster and will continue to grow.

[TheORBlord]

Still no richlist and that is very important so I know what is going to be dumped
Will have a look but red flags are still with Orbitcoin.

Can you get a haircut using Orbitcoin?
With Digibyte and Guldencoin you can.

A coin may have all the newest features and techs but if I can't use it in real life or online to by stuff with it well it is basicly worthless.
The only thing that coin can be used for is dump and dump and I got a feeling that Orbitcoin is a pump and dump / scam coin  

Yes you can
you can pay any fiat bill with Orbitcoin via Cointopay.com

As for the rich list not created as yet, but you can look through the blockchain your self if you like, or create one.

I don't think we'll see a massive dump with ORB... only 2.1 million coins mined and most will be staking.

If you can't handle a dump you shouldn't really be playing the game, I know I could buy all Orbitcoin if it goes low, so to me its a sound investment, maybe still a little risky for somebody with less funds.

[leipebarry]

I am trying to explain to this hard-headed simpleton that those coins he is so enamored with, they don't have any competitive advantage.

Good luck with that.

I think that was disguised humor. Lol. I agree.

Can you get a haircut using ____coin?

A coin may have all the newest features and techs but if I can't use it in real life or online to by stuff with it well it is basicly worthless.

I emphatically disagree. Do you have any concept of how many more virtual microtransactions are done daily, many of which are monetized with an advertising model that is dying? Others are not monetized or monetized with a reputation and gift economy model.

You are incredibly stuck in the old world economy. You do not understand what is really happening. Sorry smooth is correct. I can not teach you with words. You will have to watch all your assumptions fail. I am not asserting smooth agrees with my assumptions (he doesn't even entirely know what I am up to).

What you must bear in mind is that the average Joe is not  interested in all that high tech fancy new stuff.
He just want to pay and get goods.
That is why most of these coins fail.
They only thing these coins bring to the table is hype for  pump and dump and scams.

There is a reason most of the people in the world do not know how money is being created, they are simply not interested in knowing it.
They just want to pay and get goods.
So ecosystem is a very important thing for a coin.

Take a look at Litecoin, it is in the top 10 but there is no development en the ecosystem is not growing.
It is only a matter of time before it leavs the top 10 and currently it is only used as a pump and dump coin.

[TPTB_need_war]

I am trying to explain to this hard-headed simpleton that those coins he is so enamored with, they don't have any competitive advantage.

Good luck with that.

I think that was disguised humor. Lol. I agree.

Can you get a haircut using ____coin?

A coin may have all the newest features and techs but if I can't use it in real life or online to by stuff with it well it is basicly worthless.

I emphatically disagree. Do you have any concept of how many more virtual microtransactions are done daily, many of which are monetized with an advertising model that is dying? Others are not monetized or monetized with a reputation and gift economy model.

You are incredibly stuck in the old world economy. You do not understand what is really happening. Sorry smooth is correct. I can not teach you with words. You will have to watch all your assumptions fail. I am not asserting smooth agrees with my assumptions (he doesn't even entirely know what I am up to).

What you must bear in mind is that the average Joe is not  interested in all that high tech fancy new stuff.
He just want to pay and get goods.
That is why most of these coins fail.
They only thing these coins bring to the table is hype for  pump and dump and scams.

There is a reason most of the people in the world do not know how money is being created, they are simply not interested in knowing it.
They just want to pay and get goods.
So ecosystem is a very important thing for a coin.

Take a look at Litecoin, it is in the top 10 but there is no development en the ecosystem is not growing.
It is only a matter of time before it leavs the top 10 and currently it is only used as a pump and dump coin.

I agree with you that target markets have to be identified.

I disagree there are huge target markets in retail commerce. Retail will all get merged into Govcoin (aka GavinCoin), banks, and smart cards (and smartphones for those who prefer).

The frontier is the shit the banksters can't control. And yes we need identify and attack large markets in these frontiers. Sorry to hear we must leave you behind. Hopefully you will come around later. I bet you will.

Edit: the average Joe is very interested in virtual services. I think you are incorrect there. The banksters always shut down the large game currencies because they become so popular.

[TPTB_need_war]

Really like to see if you can prove me wrong.

Just consider friction. How many people can adopt a virtual transaction per hour versus teaching physical bodies how to do some new foreign physical method of paying for physical goods? The former is autonomous and the latter requires a lot of hand-holding and interferes with normal storefront flow.

For example, Bitcoin for porn. Bitcoin for domain names, Bitcoin for virtual contracting work, etc... That stuff is already growing. Now what can an altcoin add to that? I have ideas.

[Derek492]

Mintcoin "MINT"

Stable, great initial distribution, launched in Feb, 2014, before scrypt ASICs came out Energy Efficient, Fast, Scalable, established community, active development, Savers mint new coins at a rate of 5% per year going forward. Great name. Good proof-of-stake coin.
 30x faster than Bitcoin.

[TPTB_need_war]

Again I suggest features for an altcoin related to anonymous virtual commerce (not retail physical commerce for the reasons I stated upthread):

I use bitcoin because I want to earn anonymously online. It's also a good investment and I like low transaction fees of bitcoin

I love you because I am formerly AnonyMint and since 2013 my goal has been to add more anonymity to cryptoland. Thanks for validating my thesis about a coming glorious, anonymous Knowledge Age.

[TPTB_need_war]

What I see people essentially saying in this thread is that Bitcoin is autonomous. They can get access to it, spend as anonymously as they take the care to obscure their IP address, and use it without any permission or without obtaining any account with some authority. In short, permission-less commerce (do what you like, no big brother with his dick up your ass!). Most of the terms above fall under the "autonomy" umbrella taxonomy.

In my case, I don't have a utility bill matching my current address because I rent. And so I can't comply with the asinine Patriot Act KYC identification requirements that exchanges and financial institutions impose. So no worries, I just go place a buy order on localbitcoins, then go deposit some cash in a local bank and I get the BTC released an hour or so later.

Later as the bankrupted Western governments start to limit more how much money you can get out per day from your ATM account (e.g. Greece is an example of what is coming to every Western nation because they are all broke), then if you are holding crypto-currency you can sidestep these restrictions.

However, do note that Bitcoin is not reliably anonymous (unless you are for example connecting via a unregistered, public WiFi connection) as your IP address can be traced back to your identity (and Tor and I2P don't really stop the national security agencies from tracking your identity on the block chain) and so the authorities will one day in the future be clawing back against you prosecuting you for violating their regulations by using Bitcoin.

This is why I (formerly username AnonyMint since 2013) support the development of altcoins with more robust built in anonymity. Many users will not appreciate the need for this until later when so many Bitcoin users are being busted for past activity all stored on the block chain.

Ease of access, constant availability and low transaction fees are my 3 picks. This is where Bitcoin would beat by far Fiat and this is why Bitcoin will survive and be competitive in the future. My money should be there when I want it and I should be able to spend it when and how I want it.

Autonomy again. Thanks.

[SuicidalTendencies]

I am trying to explain to this hard-headed simpleton that those coins he is so enamored with, they don't have any competitive advantage.

Good luck with that.

I think that was disguised humor. Lol. I agree.

Can you get a haircut using ____coin?

A coin may have all the newest features and techs but if I can't use it in real life or online to by stuff with it well it is basicly worthless.

I emphatically disagree with the implied necessity of retail and tangible items purchasing (tangible items ordered online are relevant). Do you have any concept of how many more virtual microtransactions are done daily, many of which are monetized with an advertising model that is dying? Others are not monetized or monetized with a reputation and gift economy model.

You are incredibly stuck in the old world economy. You do not understand what is really happening. Sorry smooth is correct. I can not teach you with words. You will have to watch all your assumptions fail. I am not asserting smooth agrees with my assumptions (he doesn't even entirely know what I am up to).

Edit: the tangible economy is being destroyed as we speak by the coming Economic Totalitarianism. It is going to absolutely implode. People are going to need to do virtual commerce and be able to pay each other anonymously over the internet in order to prosper in the face of the State taxing and expropriating everything to death. The bankrupt socialist States of the West are driving the global economy into the abyss. You are focused on the dying portion of the economy. It is the virtual Knowledge Age that is growing much faster and will continue to grow.

You do know guldencoin is the first alt to update to codebase 0.11 and now there developers are working on innovative projects. Not many coins can update because it's too hard for the devs, so they abandon the projects and recreate new coins and hype them.

[prfagun1]

My bet is XMG Magi https://bitcointalk.org/index.php?topic=735170.new

They have a great dev and great team.

[Gabri]

My bet is Monero !

[TPTB_need_war]

You do know guldencoin is the first alt to update to codebase 0.11 and now there developers are working on innovative projects. Not many coins can update because it's too hard for the devs, so they abandon the projects and recreate new coins and hype them.

And even fewer devs can write an entirely new code base from scratch and stop following Bitcoin entirely.

[BTCat]

Orbit is a lot of bogus if you ask me. Brainless people.


source https://cryptocointalk.com/topic/941-spreading-orbitcoin-to-scientific-forums-for-a-bounty/

[owm123]

IMO the best coin that can co-exist and prosper next to biction, is a coin that provides something that it very useful and that bitcoin does not provide. For increasing number of people, thanks to NSA, government and windows 10 spying on everything, interest in making ones payments private and anonymous is also increasing. Bitcion, by its design, makes all transactions public, which is exactly opposite to what privacy and anonymity is about. A possible solution is coin design for this purpose, such as monero.

tl;dr Monero.

[S4VV4S]

BitcoinXT is a promising alt....
It seems to be gaining popularity fast
LOL!!!!

Just kidding....

Well, though I have not invested in it, Monero seems to be doing quite well.

[frenulum]

Ripple
Ethereum

[OBAViJEST]

Why aren't we promoting shit coins of 2015? Still enough time left in the year to lose some money!

[owm123]

Why aren't we promoting shit coins of 2015? Still enough time left in the year to lose some money!

Which coins are the shit ones of 2015?

[DickSwagger]

Being Exchange dependant is the biggest problem i see. Even inovative coins have this problem.No matter where u spend it it comes right back to exchange,weighting down on the market.I Doubt that altcoins will ever be anything other than a means to keep BTC off market.So now im off to buy some cheap coins.