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Author Topic: Altcoins  (Read 2161 times)
Huobi-USD (OP)
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December 09, 2015, 08:09:55 AM
 #1

Has anyone is still interested in Altcoins? Why?

Huobi Secure and Trustworthy!
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December 09, 2015, 08:14:27 AM
 #2

Lots of people still mine and trade arts.  There's quick money to be made from them if done right. 

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December 09, 2015, 08:22:16 AM
 #3

Most Altcoins nowadays are shitcoins. They are just blatant pump & dump schemes that the owner profits from.

Do not invest in them.
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December 09, 2015, 08:42:13 AM
 #4

Sooner or later all those crapcoins and maybe BTC will be banned from the authorities.
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December 09, 2015, 08:47:35 AM
 #5

Id actually like it if they got rid of all the Altcoins. I already bag hold too many.  Long live the one true coin.

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December 09, 2015, 08:50:55 AM
 #6

Altcoins are speculative tool for the most part. Created by people who wants to profit from them and nothing more. Creating an altcoin is not expensive and can be achieved for less than a $50.
That is a reason we have so many similar coins in our crypto ecosystem which are not worth anything. If you are not professional trader of altcoin your best choice is to ignore that market.
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December 09, 2015, 09:30:00 AM
 #7

Has anyone is still interested in Altcoins? Why?

Yes. I am interested in altcoins. And even I am investing in one of those. The reason is very simple and don't want to much to be understood. I am investing because I believe that this altcoin might have good future. If it will be so I will have very good profit and even more. May have enough even to make other important investments. But is an investment considered with high risk. So have nothing sure on it. Only the hope and some signs that give hopes about a future possible success.
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December 09, 2015, 11:39:28 AM
 #8

Most of the alts are scams made by Bob and others to steal money from others. Only stupid noobs invest in alts  Smiley
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December 09, 2015, 12:30:43 PM
 #9

Has anyone is still interested in Altcoins? Why?

Yes.  To make profit in BTC.

R


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December 09, 2015, 12:31:44 PM
 #10

Sooner or later all those crapcoins and maybe BTC will be banned from the authorities.
You're saying that "shitty" sites will get banned from the authorities too?
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December 09, 2015, 12:33:28 PM
 #11

Lots of people still mine and trade arts.  There's quick money to be made from them if done right. 

I see what you did there.  Wink

R


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December 09, 2015, 12:42:45 PM
 #12

Look at these altcoins... https://www.coingecko.com/en first 10 worth looking at
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December 09, 2015, 01:35:12 PM
 #13

I believe it's important to distinguish between various altcoins. Just forking a tech won't help. There is a couple of altcoins that are built entirely from scratch, which helps the whole market somewhat diversify. Do not follow copycats; they're created for quick profit and have nothing to stand the time.

Most currencies in top 20 on coinmarketcap represent different technology platform (with some notable exceptions of course). So for me it's more about platform/tech competition. If the altcoin shows some real dev, consider it. But still be aware that the majority altcoin markets can actually be manipulated.
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December 09, 2015, 01:43:06 PM
 #14

Altcoins are kins of neat, some of them.  I happen to like DOGE.  The problem is that there's no economic use for them other than trading for the most part. The list of things you can buy with DOGE would fit on an index card.  Viva la bitcoin!

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December 09, 2015, 03:14:43 PM
 #15

Altcoins are definitely interesting. While most are scams, there is some real development behind some of the projects witch have and will in the future, benefit the cryptospace.
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December 09, 2015, 04:25:39 PM
 #16

Altcoins can have very fast transaction time. They can have less value, if compared with BTC - that means you can send small value with acceptable transfer cost or even without any transfer cost  Wink
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December 09, 2015, 05:28:21 PM
 #17

I've invested in Monero because it has good fungibility (protocol level mixing). It's code base is distinct from most of the other alts which are based largely on Bitcoin.

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December 10, 2015, 01:27:05 AM
 #18

There is still a lot to be discovered with altcoins. Many new things can still be done with altcoins. The future is very bright.
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December 10, 2015, 01:28:33 AM
 #19

I'm still interested in Altcoins because they are interesting to hold as a short term investment. Many people live off alt coin day trading as well. It's good to get involved with the altcoin community.
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December 10, 2015, 08:46:18 AM
 #20

Some altcoins provide things bitcoin does not. For example monero provides anonymity and privacy, while bitcoin is not anonymous (http://www.bitcoinisnotanonymous.com/). Its like tutanota to gmail.

Bitcoin is NOT anonymous: http://www.bitcoinisnotanonymous.com
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