The best buy right now is not Bitcoin, it is ALTCOINS

[SISAR]

Sure, Bitcoin can go up 100% from here but altcoins can go up 1000% much easier and much faster, given their current marketcaps and lack of liquidity. But do not wait for too long, buy at least a small amount of altcoins at current very low prices and smile later when majority suddenly (re)discovers altcoins, many of which outperform Bitcoin is all technical aspects. Pretty much every noob investor and speculator is dumping altcoins now so you should be slowly buying them.

[1714717974]

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[mexicantarget]

What about risks of 90%+ of altcoins which are doomed and have no way to recover because whales simply dumped all their holdings and newbies baghold them?

[LuckyYOU]

What about risks of 90%+ of altcoins which are doomed and have no way to recover because whales simply dumped all their holdings and newbies baghold them?

Exactly this ^

Same reason to get into bitcoin though, I just have the feeling that bitcoin won't die as quickly as an altcoin.

I don't see the point in getting into altcoins.

[SISAR]

What about risks of 90%+ of altcoins which are doomed and have no way to recover because whales simply dumped all their holdings and newbies baghold them?

Low liquidity means extreme upside potential! Besides, Bitcoin went up so much exactly because bagholding aka HODL so I don't find your argument good enough to dismiss altcoin markets recovery.

[keystroke]

You spelled 'sell' wrong.

[martinacar]

Altcoins is fun to have, but for me is no point for me to use I am just using bitcoin to just hold it.
I am sure that in the future I will get a nice profit.
Because bitcoin have a potential that it can grow so high.

[mexicantarget]

What about risks of 90%+ of altcoins which are doomed and have no way to recover because whales simply dumped all their holdings and newbies baghold them?

Low liquidity means extreme upside potential! Besides, Bitcoin went up so much exactly because bagholding aka HODL so I don't find your argument good enough to dismiss altcoin markets recovery.

I think my argument is very strong actually. Altcoins are worst than penny stock.

[n2004al]

Sure, Bitcoin can go up 100% from here but altcoins can go up 1000% much easier and much faster, given their current marketcaps and lack of liquidity. But do not wait for too long, buy at least a small amount of altcoins at current very low prices and smile later when majority suddenly (re)discovers altcoins, many of which outperform Bitcoin is all technical aspects. Pretty much every noob investor and speculator is dumping altcoins now so you should be slowly buying them.

Maybe your are right. But there is a very "little" problem. Which altcoins must be chosen? There are more than tens and tens on the market and almost every day we hear about the new ones. Everyone pretend that his coin is the best. Everyone pretend that his coin is better than bitcoin and even bitcoin 2.0 (I am waiting now the bitcoin 3.0). Then I think that, from their nature any crypto, have not to much value for the moment. Then, when the market will be consolidated (and this cannot happen since the peer to peer will be spread in most of the developed countries in the form of drastic technology changes) every crypto will find its real value. For the moment, according to me, with all altcoins can be only speculated. And do such with your real money seems wast of these (for me).

So remain to see bitcoin. Even its price is waited to go at the values which everyone of us wonder not so soon.

[SISAR]

Altcoins is fun to have, but for me is no point for me to use I am just using bitcoin to just hold it.
I am sure that in the future I will get a nice profit.
Because bitcoin have a potential that it can grow so high.

Altcoins can grow much higher but unless you actualy checked and used many of them it is sort of pointless to debate that with you. In any case, holding only Bitcoin is much like holding only gold or silver or Facebook stock. Here I am advising diversification within cryptocoin sector as a sort of hedging against unexpected Bitcoin demise. I'm not telling you to invest all bitcoins into altcoins.

Altcoins are worst than penny stock.

The same was true for Bitcoin not so long ago.

[mtnsaa]

Don't go into the altmarket if you don't know what you are getting into. Cryptotrading has completely different rules and as some of you said, you will completely exposed to manipulators. I think it's safe to assume that this happens in Bitcoin too (hell it happens in the stock market) but we can all agree that the consequences are much smaller, it takes a lot of money to actually manipulate BTC's price.

[mexicantarget]

What about risks of 90%+ of altcoins which are doomed and have no way to recover because whales simply dumped all their holdings and newbies baghold them?

Low liquidity means extreme upside potential! Besides, Bitcoin went up so much exactly because bagholding aka HODL so I don't find your argument good enough to dismiss altcoin markets recovery.

I think my argument is very strong actually. Altcoins are worst than penny stock.

The same was true for Bitcoin not so long ago.

Why would invest someone money into "re-inventing" the wheel?
Bitcoin is used by at least 1 million people, and it was the prototype. While 98% of altcoins are a simple copy of it and LTC?

[khalized]

probably two altcoins are really under priced...
dogecoin and litecoin.
probably they can rise... (as litecoin from 1 to 5 $ in 2 weeks this summer)

[Amph]

What about risks of 90%+ of altcoins which are doomed and have no way to recover because whales simply dumped all their holdings and newbies baghold them?

And this is different from bitcoin ...how?

because bitcoin is not doomed, and it is always increasing?, besides the top 5 altcoin, all the other are following the trash can as a final outcome

you really want to compare those to bitcoin? don't make me laugh

[SISAR]

What about risks of 90%+ of altcoins which are doomed and have no way to recover because whales simply dumped all their holdings and newbies baghold them?

Low liquidity means extreme upside potential! Besides, Bitcoin went up so much exactly because bagholding aka HODL so I don't find your argument good enough to dismiss altcoin markets recovery.

I think my argument is very strong actually. Altcoins are worst than penny stock.

The same was true for Bitcoin not so long ago.

Why would invest someone money into "re-inventing" the wheel?
Bitcoin is used by at least 1 million people, and it was the prototype. While 98% of altcoins are a simple copy of it and LTC?

Well, obviously, you should not be investing much money into mere clones. Most are realy not going anywhere but there are exceptions like Doge, where past and present coin popularity could boost massive upswing. And there are definitely not "re-inventing" the wheel coins like NXT, Ethereum, BitShares, Qora and few others but again, unless you actualy used them it is a waste of time to talk about why they could 1000% or more.

Facebook was not much more than MySpace was but that did not prevented it from dethroning MySpace and all others.

[SISAR]

you really want to compare those to bitcoin? don't make me laugh

Just because everyone are going crazy about that old, slow, worn-out but the first-ever and most widely used car you should not be dismissing Lambos and Ferraries lurking in the shadows. For example, what one can do with NXT alone is actualy more (and 10 times faster) than if Bitcoin is combined with Counterparty and dozens of 3rd-party centralized services. And some altcoins are so light that one can run a full-node on smartphone which means as trustless and decentralized as you can go with Bitcoin but without a need for a computer. That is a real deal to me and an area where Bitcoin already lost the battle.

[Paashaas]

you really want to compare those to bitcoin? don't make me laugh

Just because everyone are going crazy about that old, slow, worn-out but the first-ever and most widely used car you should not be dismissing Lambos and Ferraries lurking in the shadows. For example, what one can do with NXT alone is actualy more (and 10 times faster) than if Bitcoin is combined with Counterparty and dozens of 3rd-party centralized services. And some altcoins are so light that one can run a full-node on smartphone which means as trustless and decentralized as you can go with Bitcoin but without a need for a computer. That is a real deal to me and an area where Bitcoin already lost the battle.

Bitcoin is much bigger, better and more secure than all other shit-coins out there.

Bitcoin already lost the battle....LOL

Amph made a good comment;

you really want to compare those to bitcoin? don't make me laugh

[SISAR]

Bitcoin is much bigger, better and more secure than all other shit-coins out there.

It is just bigger than altcoins, not more secure and definitely not better.

[julian071]

The OP is a little crude. Most altcoins will perish, but some will persist. The great thing about crypto in general, is that it can easily adapt to changing circumstances and changing social constructs. Gone are the days of central planning of our different means of payment. And of course, crypto is sooo much more than payment!

So it is really wise advice to buy some altcoins in small amounts, because they have great upward potential, and you only have to invest a small portion of your BTC stash. But you should know what you are doing, that's what the OP is missing. Right now, I have 170 ETH, 100 XMR and 800.000 NLG besides my main holdings of BTC.

Don't believe me.... https://www.youtube.com/watch?v=SHrjs7VkSGU

[Ceizer54]

Sure, Bitcoin can go up 100% from here but altcoins can go up 1000% much easier and much faster, given their current marketcaps and lack of liquidity. But do not wait for too long, buy at least a small amount of altcoins at current very low prices and smile later when majority suddenly (re)discovers altcoins, many of which outperform Bitcoin is all technical aspects. Pretty much every noob investor and speculator is dumping altcoins now so you should be slowly buying them.

Correct me if i am wrong,but for altcoins to rise in prise the value of bitcoins needs to be dropped right? Coz i see dogecoin it falls from 0.00000062(avg) btc to 0.00000032 currently and you are sauying to buy altcoins in this time,what if bitcoin keeps on increasing and i believe it will as we are reaching the halving,then the altcoins price will fall right?so how can you advice altcoins at this time?

[SISAR]

Gone are the days of central planning of our different means of payment.

Are you sure? Becase, as you can see on this very thread, central planning mentality is still very strong. Bitcoin or nothing! Just rise 1 BTC to 1 billion USD and you'll witness absolute and unseen tyranny, dictatorship and wickedness by this very people so into Bitcoin and Bitcoin only. Or BitShares and BitShares only, Qora and Qora only and so on. Nope, nothing realy changed. Not even wealth redistribution is something unseen.

So it is really wise advice to buy some altcoins in small amounts, because they have great upward potential, and you only have to invest a small portion of your BTC stash. But you should know what you are doing, that's what the OP is missing.

I am not missing anything. This thread was not ment to be of a "buy this and that" kind, do your own research.

[richardsNY]

Bitcoin is the best investment of this decade. I know altcoins can get you a lot profit in a very short time, but it is basically gambling since you need a lot of luck. That's why I don't buy altcoins. Bitcoin is the only coin for me.

[SISAR]

Bitcoin is the best investment of this decade. I know altcoins can get you a lot profit in a very short time, but it is basically gambling since you need a lot of luck. That's why I don't buy altcoins. Bitcoin is the only coin for me.

ROFL, so you are all-in on Bitcoin but altcoins are gamble? Do you think you are somehow not a gambler? What's more, what would happen with your investment if you wake up tommorow and Jamie Dimon kept his promise about stopping Bitcoin?

https://www.techdirt.com/articles/20151106/08022132734/jpmorgan-ceo-jamie-dimon-says-government-will-stop-bitcoin.shtml

If you think Bitcoin is much safer investment than altcoins you are crazy, realy. Anything crypto is a high risk investment.

[HydroThunder]

I get what OP is saying and I somewhat agree. This is an extremely basic example of what he is thinking of:

Let's pretend you didn't have any coins. 450$ in BTC will get you about 1BTC. 450$ gets you roughly 1,000 PPC. If trends continue, PPC is roughly about 0.1% to 1.0% of the BTC price (Roughly 8$ during the 1,200 peak). If Bitcoin were to hit 10,000, and Peercoin hit 1% of that (100$/PPC) your 1BTC would yield 10,000$, while your 1,000 PPC would be 100,000$. Granted it is a higher risk than BTC, but you don't need PPC to hit the moon, you just need for it to do mildly well.

Regardless of your feelings on altcoins, 100$/coin will someday not be a huge fantasy, at least for those in the top ten. The yields are better, but the risks are higher. Investing in the more reputable coins (if there is such a thing) I think is a reasonable investment. Replace PPC with any other coin, I'm not trying to single that one out. Please refrain from bashing, I'm just trying to share my thoughts.

Edit: I'm not saying go all in on altcoins, however much you feel is sufficient should be fine.

[gentlemand]

There's definitely some upside somewhere but alts have had a couple of years to prove something. The only thing they've proved is what many suspected in the first place. They're pointless.

In the same couple of years BTC has gained some actual utility and fundamentals. It is pretty much in the same boat but on a bigger scale but it's the only one showing some chance of genuinely going somewhere.

And there's the small issue of liquidity. Some of these coins with multi million dollar market caps have a daily volume of a thousand or two. Your paper gains won't be very accessible.

I'm done with alts myself but it may well be worth having a tiny dabble that you don't give a shit about.

Bitcoin is much bigger, better and more secure than all other shit-coins out there.

It is just bigger than altcoins, not more secure.

That's total junk. Thousands of people have attempted to roger Bitcoin in every way possible and it's still rolling. I don't think the same can be said for many or any alts. If they were actually put to the same test there's no way of knowing whether they'd wilt immediately.

[SISAR]

Bitcoin is much bigger, better and more secure than all other shit-coins out there.

It is just bigger than altcoins, not more secure.

That's total junk. Thousands of people have attempted to roger Bitcoin in every way possible and it's still rolling. I don't think the same can be said for many or any alts. If they were actually put to the same test there's no way of knowing whether they'd wilt immediately.

It is rolling until few known pools and few known major miners are confronted by guns and black copters or are simply prevented from accessing Internet (trivial). At that time you'll love if you have a stake in something less centralized, like well-distributed PoS altcoins where hundreds of mostly unknown people are running the show and are in many cases actualy using the same secure code as Bitcoin excluding the gimmicks.

One bank, one leader, one exchange, one coin, one whatever means a single point of inevitable failure so good luck with Bitcoin only.

[BitcoinNewsMagazine]

Try telling that to someone who lost money on Paycoin or Cloak. Majority of altcoins are pump and dumps designed to profit the developer. A very few, like litecoin and Monero are useful. I think you can make more money concentrating on bitcoin. Either buy and hold or learn to trade. 

[SISAR]

Try telling that to someone who lost money on Paycoin or Cloak. Majority of altcoins are pump and dumps designed to profit the developer.

Many people lost a lot of money (or all the money) on Bitcoin or whatever else. Satoshi Nakamoto is still by far the richest Bitcoiner, owning possibly over 1 million BTC. What was your point, realy?

Either buy and hold or learn to trade.  

Learn to trade before any buy and hold, Bitcoin or whatever else.

[stoat]

The next safest coin after bitcoin is probably ETH. They seem to be making good progress with services and ecosystem.  And the coin is only 6 months old.

[Paashaas]

Bitcoin is much bigger, better and more secure than all other shit-coins out there.

It is just bigger than altcoins, not more secure and definitely not better.

You need to recalculate why BTC value is worth $450.

The blockchain is more powerfull than the best 500 supercomputers in the world, that (increasing) hashing power is impressive security.

Satoshi knew there will be tons of other coins, so he/they made the most balanced one. It doesn't matter if xx-coin is a few secs faster.

People only talk mostly about Ether/Litecoin and Monero. Litecoin will being used as a hedge, Ether for smart contracts and Monero maybe as a 2e alternative but those coins will never beat BTC as nr.1.

You can play with those if you want but put most of youre invested money in BTC. And if BTC goes down the drain, alt-coins will follow.

[AtheistAKASaneBrain]

Sure, Bitcoin can go up 100% from here but altcoins can go up 1000% much easier and much faster, given their current marketcaps and lack of liquidity. But do not wait for too long, buy at least a small amount of altcoins at current very low prices and smile later when majority suddenly (re)discovers altcoins, many of which outperform Bitcoin is all technical aspects. Pretty much every noob investor and speculator is dumping altcoins now so you should be slowly buying them.

You say many of them outform Bitcoin in all its technical aspects, yet you don't give any examples. Last time I checked, I didn't see any coin that has proven to be stable under Bitcoin's pressure, which is the nº1 reason to bet on it. Maidsafe is the only coin different enough that I would be able to trust long term as something valuable.

[Abiky]

What about risks of 90%+ of altcoins which are doomed and have no way to recover because whales simply dumped all their holdings and newbies baghold them?

Low liquidity means extreme upside potential! Besides, Bitcoin went up so much exactly because bagholding aka HODL so I don't find your argument good enough to dismiss altcoin markets recovery.

I think my argument is very strong actually. Altcoins are worst than penny stock.

In my opinion, most alt coins are not even worth it at all due to the fact that the most of them are just pump and dump scams. As you could see, not even Litecoin proves to be a good alt coin (it has no innovation at all and it is about to die) but among the list of alt coins that will probably survive for long term and might be profitable in the future, I think Ripple and Ethereum are the right choice. Just look at the news and see why Microsoft has been using Ripple's Interledger Protocol for his BaaS (Blockchain as a Service) and Ethereum for its Azure Platform. That can only mean one thing, and that is either Ripple or Ethereum might replace Bitcoin in the future. Just sharing my thoughts. 

[icem3lter]

(alt) coins do not have the potential to go up so much. 1000% is an impractical amount. In the last 6 months of me trading alt coins, not a single coin that I know of, has gone up 1000%

(alt) coin mining is definitely profitable and trading is profitable too...just not in the margins you are giving.
(alt) coins markets go up and down as Bitcoin goes up and down, IN FACT there is a 65% correlation between Bitcoin rises and falls and (alt) coin rises and falls.

The point I am trying to make here is that trading Bitcoin is just as profitable as trading (alt) coins, maybe even more profitable than trading (alt) coins, since Bitcoin is not as susceptible to market manipulation...because the market is so large.

[ayesha201009]

What about risks of 90%+ of altcoins which are doomed and have no way to recover because whales simply dumped all their holdings and newbies baghold them?

Low liquidity means extreme upside potential! Besides, Bitcoin went up so much exactly because bagholding aka HODL so I don't find your argument good enough to dismiss altcoin markets recovery.

I think my argument is very strong actually. Altcoins are worst than penny stock.

In my opinion, most alt coins are not even worth it at all due to the fact that the most of them are just pump and dump scams. As you could see, not even Litecoin proves to be a good alt coin (it has no innovation at all and it is about to die) but among the list of alt coins that will probably survive for long term and might be profitable in the future, I think Ripple and Ethereum are the right choice. Just look at the news and see why Microsoft has been using Ripple's Interledger Protocol for his BaaS (Blockchain as a Service) and Ethereum for its Azure Platform. That can only mean one thing, and that is either Ripple or Ethereum might replace Bitcoin in the future. Just sharing my thoughts. 

I remember in a conference where a trade told me: litecoin is one of the rarest coin with a direct exchange to dollars

[SISAR]

Sure, Bitcoin can go up 100% from here but altcoins can go up 1000% much easier and much faster, given their current marketcaps and lack of liquidity. But do not wait for too long, buy at least a small amount of altcoins at current very low prices and smile later when majority suddenly (re)discovers altcoins, many of which outperform Bitcoin is all technical aspects. Pretty much every noob investor and speculator is dumping altcoins now so you should be slowly buying them.

You say many of them outform Bitcoin in all its technical aspects, yet you don't give any examples. Last time I checked, I didn't see any coin that has proven to be stable under Bitcoin's pressure, which is the nº1 reason to bet on it. Maidsafe is the only coin different enough that I would be able to trust long term as something valuable.

As for Crypto 2.0 coins:

https://bitcointalk.org/index.php?topic=1153740.0

But even that won't help you much unless you actualy used those coins, extensively and more than once.

(alt) coins do not have the potential to go up so much. 1000% is an impractical amount. In the last 6 months of me trading alt coins, not a single coin that I know of, has gone up 1000%

Dozens of them went up 1000% or more, not sure where you are looking.

As for everything else you posted, a problem here is that so many are double-binary = Bitcoin only and the only way is up. Else I'm gonna jump off the building. That is insane. Sure, they can make money, possibly more than with altcoins (totaly doubt that though) but still they are insane and I don't feel well dealing with insane people even if we all are trillionaires.

[aciddude]

Bitcoin is the longest (I think) running blockchain...I think of it as basically production software that's been running flawlessly for almost 7 years, it has not been shut down, or broken and is being used to transfer value.

Buying altcoins is a great way to diversify your portfolio if you're a trader, but for me...I just bought into the blockchains that were running the longest.

BTC, LTC, FTC - All the dev teams are active, the communities are good....ETH also seems like an interesting buy since it's doing stuff with Microsoft...but that's about it.

I'm also a hobbyist miner from the early days, so I mined BTC with some GPU rigs, then used them for LTC, and now using them for FTC. 

Bitcoins supply halves in roughly 6 months

Feathercoins supply halves in roughly 1.5 years..

Litecoins supply halves in roughly 3.8 years <- Wait for that one... :-)


Just my 2 sats

[SISAR]

Bitcoin is the longest (I think) running blockchain...I think of it as basically production software that's been running flawlessly for almost 7 years, it has not been shut down, or broken and is being used to transfer value.

Before putting more money into Bitcoin you realy should read about it's past. There were many serious issues, from someone creating almost unlimited amount of BTC to unintended hard-forks and BTC lost because official wallet had no password, at all. And lately there was massive debate (still on-going, not sure) about block size and few other aspects so you can not realy speak about stable cruising. There are also four (4) competing implementations of basic wallet, all hoping to get attention and adoption by miners and users and thus shift Bitcoin the route they want which you might not like, at all.

[The Sceptical Chymist]

What about risks of 90%+ of altcoins which are doomed and have no way to recover because whales simply dumped all their holdings and newbies baghold them?

This x 1000.  The downside risk is incredibly high-- most of these shitcoins are going to zero and no one is ever going to use them for anything constructive.   Except maybe doge and ltc.

[stoat]

What about risks of 90%+ of altcoins which are doomed and have no way to recover because whales simply dumped all their holdings and newbies baghold them?

This x 1000.  The downside risk is incredibly high-- most of these shitcoins are going to zero and no one is ever going to use them for anything constructive.   Except maybe doge and ltc.

The downside risk is they go to zero, which is the same risk as bitcoin.   But the upside potential of altcoins is much bigger than BTC because they have a long way to grow still.

Are you retarded? 

[SISAR]

What about risks of 90%+ of altcoins which are doomed and have no way to recover because whales simply dumped all their holdings and newbies baghold them?

This x 1000.  The downside risk is incredibly high-- most of these shitcoins are going to zero and no one is ever going to use them for anything constructive.   Except maybe doge and ltc.

So how exactly you think that you can kill let's say Phoenixcoin ( https://bitcointalk.org/index.php?topic=330956.0 ) which is currently traded at all-time lows and has total 43 million coins mined? At 1 Satoshi I'll buy all mined coins for only 0.43 BTC total (yes, I will) so what will you do afterwards, while I am raping the price any way I see fit and others are jumping on it based on extreme possible gains? How exactly you think to prevent me from totaly controling the market if I own all mined coins? But more important is do you realy know I won't be doing anything useful with PXC if all that happens? In case you haven't noticed, almost everyone who had any sort of innovative idea did not join Bitcoin but went their own way with their own coin or acquired a controling stake in some existing coin then launched whatever they had to offer. Or they are working on it.

Many of you are clearly not thinking or know enough.

[rokkyroad]

2 years ago, you could do very well buying shitaltcoins. Everyone thought alts were going to take over the world and the market was crazy with people buying/selling.

Today, making big money on an altcoin would be like the odds of getting hit by lightning.  If you do hit it lucky on one, you probably lost big time on the 100 500 others you bought.

[gentlemand]

The downside risk is they go to zero, which is the same risk as bitcoin.   But the upside potential of altcoins is much bigger than BTC because they have a long way to grow still.

Are you retarded? 

Where is the potential upside if they just sit being batted back and forth between the same tiny pool of buyers? There are very, very few alts that will ever get beyond the confines of this forum.

Bitcoin will only gain serious upside when the rest of the world cottons on to its potential and starts to take it seriously. Same goes for everything else and if BTC can't do it then nothing else that currently exists will either. There certainly are gains to be made in alts but there's no way of predicting or depending on them.

[SISAR]

The downside risk is they go to zero, which is the same risk as bitcoin.   But the upside potential of altcoins is much bigger than BTC because they have a long way to grow still.

Are you retarded? 

Where is the potential upside if they just sit being batted back and forth between the same tiny pool of buyers?

You mean it is harder to manipulate price if there are less buyers and sellers? Since when?

[kwukduck]

Lol Altcoins.  ..
I know bitcoin has plenty of problems but Altcoins are not a solution neither do the vast majority of them have any potential or future.

[SISAR]

Lol Altcoins.  ..
I know bitcoin has plenty of problems but Altcoins are not a solution neither do the vast majority of them have any potential or future.

No one here advised to buy vast majority of them. But even some randomly picked altcoin can make a big upside movement. Even total craps no one is seemingly interested into, if they are present at exchange, of course. You as a veteran here should be familiar with altcoin crazy price action back at times BTC reached all-time high price. BTC went roughly 1000% up while many altcoins went much higher. I see no good reason for situation to go the oppossite direction if BTC hits a new all-time high.

[spazzdla]

What about risks of 90%+ of altcoins which are doomed and have no way to recover because whales simply dumped all their holdings and newbies baghold them?

Low liquidity means extreme upside potential! Besides, Bitcoin went up so much exactly because bagholding aka HODL so I don't find your argument good enough to dismiss altcoin markets recovery.

Why would the public by Shit coin XYB instead of ABR or FDS or ZRE or FER or GER or REG or ABV or ZXY or ......



ALTHOUGH, I would tend to agree the real alt coins can hold some serious potential.  LTC, PPC, Doge.

[lahm-44]

Altcoin are good only for a little but they cant compared with bitcoin anyhow. their liquidity is high so they are high risky too. we never know when it will be crash your whole investment but with bitcoin we will have losses but not fully finished. i dont see any reason for choosing altcoins

[SISAR]

Altcoin are good only for a little but they cant compared with bitcoin anyhow.

Total bullshit. Many altcoins based on Bitcoin code (which means they do everything Bitcoin is doing but faster and with added features) can be added to all existing Bitcoin services or whatever in under a day. Which might easily happen if block size debate continues without satisfying solution and amount of Bitcoin transactions increases to sky (very likely). Others might need a bit more time but in any case people like you will, just like always, miss the chance to load up for a cheap early. Just like you missed a chance to load up on BTC at 1 USD, 10 USD or so. You people are actualy not seeing potential in anything, you are merely following the herd where, as always, the leaders are not working in your best interest. Cryptocoins or whatever.

i dont see any reason for choosing altcoins

... but you are advertising Darknet jobs or whatever. Wait, are those jobs realy anonymous? Like, Bitcoin is anonymous? Ohh my!  

[VultureFund]

Ladies, no kidding, this month it will born the true BTC competitor. Sure most of you don't know about it, so I tell you now before you see it at 2nd place with Billions of $ market cap. IOTA.

Fast non-technical summary: SIMPLE USE,NO BLOCKCHAIN, TANGLE TECHNOLOGY, DESCENTRALIZED NETWORK, NEARLY INSTANT TRANSACTIONS, SUPER LIGHT NETWORK, MINIMUM WASTE OF ENERGY (SUSTAINABLE OVER TIME), LIMITED SUPPLY 0% INFLATION, 0 TRANSACTION FEES, ANONYMOUS TRANSACTIONS, AND A CLEVER TEAM AND LEGAL COMPANY BEHIND.

It may look impossible, but it will be real by the end of this month.

Distribution: There are and there will be a total of 1 Billion IOTA coins, which were sold in a "shadly" crowdsale only for nerds (Russian style), giving a total of only 1127 BTC (aprox. 500,000 $). I say only because of the giant potential it has.

Just telling you before it launches, so you cannot say "Why I didn't invest in that!!??¿" in the future when you see "IOTA" (yes, strange name) 2nd in coinmarketcap.

[twister]

This is the thing, there are just so many of them, its hard to decide which has any potential, a lot of coins came with lot of promises and looked good but soon they were no where to be found.

[kwukduck]

Added features? Oh you mean premine and PoS scam?

[SISAR]

Added features? Oh you mean premine and PoS scam?

No, I mean https://bitcointalk.org/index.php?topic=1153740.0 and other useful features like InstantTX with Dash. Stuff that made Bitcoin obsolete (but no one said it loud enough for you to notice).

[dropt]

Ladies, no kidding, this month it will born the true BTC competitor. Sure most of you don't know about it, so I tell you now before you see it at 2nd place with Billions of $ market cap. IOTA.

Fast non-technical summary: SIMPLE USE,NO BLOCKCHAIN, TANGLE TECHNOLOGY, DESCENTRALIZED NETWORK, NEARLY INSTANT TRANSACTIONS, SUPER LIGHT NETWORK, MINIMUM WASTE OF ENERGY (SUSTAINABLE OVER TIME), LIMITED SUPPLY 0% INFLATION, 0 TRANSACTION FEES, ANONYMOUS TRANSACTIONS, AND A CLEVER TEAM AND LEGAL COMPANY BEHIND.

It may look impossible, but it will be real by the end of this month.

Distribution: There are and there will be a total of 1 Billion IOTA coins, which were sold in a "shadly" crowdsale only for nerds (Russian style), giving a total of only 1127 BTC (aprox. 500,000 $). I say only because of the giant potential it has.

Just telling you before it launches, so you cannot say "Why I didn't invest in that!!??¿" in the future when you see "IOTA" (yes, strange name) 2nd in coinmarketcap.

[afbitcoins]

Based on previous times bitcoin hit new all time highs many alts also saw their own all time highs too. As OP states many have bigger % gains. It seems they tend to lag behind bitcoin when the bull run is getting going but then eventually they spike to their own peaks earlier than bitcoin has its own bubble blow off. Won't surprise me to see this happen again.

[SISAR]

Based on previous times bitcoin hit new all time highs many alts also saw their own all time highs too. As OP states many have bigger % gains. It seems they tend to lag behind bitcoin when the bull run is getting going but then eventually they spike to their own peaks earlier than bitcoin has its own bubble blow off. Won't surprise me to see this happen again.

The situation is pretty much like with precious metals, where mostly gold is leading the trend. Silver usualy follows, with higher volatilty thus higher possible profits. Other metals are more or less corelated but in any case just because there are gold and silver it can't be said other metals are not useful. Just like some metals outperform gold and silver in certain areas, there are many things one can do with current altcoins that Bitcoin will probably never be able to do. The main difference here is that not enough time passed for anyone sane to call Bitcoin a clear winner.

[kwukduck]

Added features? Oh you mean premine and PoS scam?

No, I mean https://bitcointalk.org/index.php?topic=1153740.0 and other useful features like InstantTX with Dash. Stuff that made Bitcoin obsolete (but no one said it loud enough for you to notice).

I guess you haven't been paying attention to the bitcoin development and projects built on top of it to solve some of its problems

[randy8777]

bitcoin is all we need. most of the altcoins are nothing more than premine and insta mine money making tools for the "devs" behind the coins.

[maokoto]

I am not against altcoins by anymeans. I hold two or three... specially one (NETcoin) I like, and I am hoping for it to get high and mainstream. But buying altcoins just for the sake of them going up does not sound like a very good strategy to me. True, you can get one that raises very high, but you'll have to buy too many coins that will just dissappear with no value.

[SISAR]

bitcoin is all we need.

"We" is under a million people (excluding myself) who are irrelevant in a bigger picture. Prepare to be assimilated or annihilated. Just for giggles, here are some wrongs and more wrongs from the past.

http://imgur.com/gallery/kzKxU

[ivanst776]

Sure, Bitcoin can go up 100% from here but altcoins can go up 1000% much easier and much faster, given their current marketcaps and lack of liquidity. But do not wait for too long, buy at least a small amount of altcoins at current very low prices and smile later when majority suddenly (re)discovers altcoins, many of which outperform Bitcoin is all technical aspects. Pretty much every noob investor and speculator is dumping altcoins now so you should be slowly buying them.

Last year which coin was pumped by 100% ? the answer is bitcoin.
There are/were some altcoins but there is a higher risk investing in altcoins

[afbitcoins]

Aside from bitcoin the only other crypto I'm currently holding is Dash. I personally really like the innovation in Dash, also very interested in Etherium. But there are just too many alts to be able to know about them all. Dash is exciting because it incentives people to run full nodes and has a budget and governance system so developement can be voted on and funded through the protocol itself. Currently the number of full nodes on the DASH network is growing and set to overtake bitcoin which is falling. In bitcoin a big problem is why run a full node?

[SISAR]

Sure, Bitcoin can go up 100% from here but altcoins can go up 1000% much easier and much faster, given their current marketcaps and lack of liquidity. But do not wait for too long, buy at least a small amount of altcoins at current very low prices and smile later when majority suddenly (re)discovers altcoins, many of which outperform Bitcoin is all technical aspects. Pretty much every noob investor and speculator is dumping altcoins now so you should be slowly buying them.

Last year which coin was pumped by 100% ? the answer is bitcoin.

So clueless, consult charts before posting more.

[ivanst776]

Sure, Bitcoin can go up 100% from here but altcoins can go up 1000% much easier and much faster, given their current marketcaps and lack of liquidity. But do not wait for too long, buy at least a small amount of altcoins at current very low prices and smile later when majority suddenly (re)discovers altcoins, many of which outperform Bitcoin is all technical aspects. Pretty much every noob investor and speculator is dumping altcoins now so you should be slowly buying them.

Last year which coin was pumped by 100% ? the answer is bitcoin.

So clueless, consult charts before posting more.

I consider bitcoin more stable than other altcoins, i know what the graphs says but it is a much higher risk investing in altcoins, i invested once in an altcoin and lost 95% of the investment as that coin ended costing 1 satoshi.

[SISAR]

Sure, Bitcoin can go up 100% from here but altcoins can go up 1000% much easier and much faster, given their current marketcaps and lack of liquidity. But do not wait for too long, buy at least a small amount of altcoins at current very low prices and smile later when majority suddenly (re)discovers altcoins, many of which outperform Bitcoin is all technical aspects. Pretty much every noob investor and speculator is dumping altcoins now so you should be slowly buying them.

Last year which coin was pumped by 100% ? the answer is bitcoin.

So clueless, consult charts before posting more.

I consider bitcoin more stable than other altcoins, i know what the graphs says but it is a much higher risk investing in altcoins, i invested once in an altcoin and lost 95% of the investment as that coin ended costing 1 satoshi.

You know that Bitcoin once went to 1 cent and still no one was buying it, right? In case you don't know here is the video coverage.

https://www.youtube.com/watch?v=T1X6qQt9ONg

[Ruzka]

Sure, Bitcoin can go up 100% from here but altcoins can go up 1000% much easier and much faster, given their current marketcaps and lack of liquidity. But do not wait for too long, buy at least a small amount of altcoins at current very low prices and smile later when majority suddenly (re)discovers altcoins, many of which outperform Bitcoin is all technical aspects. Pretty much every noob investor and speculator is dumping altcoins now so you should be slowly buying them.

Last year which coin was pumped by 100% ? the answer is bitcoin.

So clueless, consult charts before posting more.

I consider bitcoin more stable than other altcoins, i know what the graphs says but it is a much higher risk investing in altcoins, i invested once in an altcoin and lost 95% of the investment as that coin ended costing 1 satoshi.

Just because you found a scam coin from the many many that are out there doesn't mean they're all bad.
I have had some mental profits from alts, yeh they are good to make a quick flip but it is btc that will be going all the way if any crypto is and maybe just maybe that will pull 4/5 alts along for the ride.
One may even start to compete. It is not worth buying many/any now though as it is a needle in a hay stack lol

[HarizDB]

Very interesting point by OP - Altcoins does have potential, but so does Bitcoins. A smart move by all folks wanting to invest is by spreading the risk - if Bitcoins rises too much up in value, some people could turn interest in other e-coins and see it as the next 'big thing'. Should you buy Altcoins now? Honestly, I don't know, my knowledge about that coin, in particular, is limited.

[SISAR]

It is not worth buying many/any now though as it is a needle in a hay stack lol

And when will you start buying? It is better to be a minute too early than a second too late especially if you know past price movements, upswings always being more explosive then downswings.

if Bitcoins rises too much up in value, some people could turn interest in other e-coins and see it as the next 'big thing'.

It is not could but will, just watch it.

[talks_cheep]

Look into DMD (Diamond coin) and DGB (Digibytes). Both altcoins have tremendous devs and community to see them through. Do not trust any coins with less than 2 years of history behind it.

[dropt]

if Bitcoins rises too much up in value, some people could turn interest in other e-coins and see it as the next 'big thing'.

This already happened, for like 3 years people piled into scamcoin after scamcoin as bitcoin rose "too much".

You know what happened? The bulk of them are bagholding dead coins, those poor bastards.  No one who bought into Bitcoin is bagholding a dead thing.

[suda123]

It is not worth buying many/any now though as it is a needle in a hay stack lol

And when will you start buying? It is better to be a minute too early than a second too late especially if you know past price movements, upswings always being more explosive then downswings.

if Bitcoins rises too much up in value, some people could turn interest in other e-coins and see it as the next 'big thing'.

It is not could but will, just watch it.

So, is the alt coin section officially dead? no more pump and dumps lol

[suda123]

Based on previous times bitcoin hit new all time highs many alts also saw their own all time highs too. As OP states many have bigger % gains. It seems they tend to lag behind bitcoin when the bull run is getting going but then eventually they spike to their own peaks earlier than bitcoin has its own bubble blow off. Won't surprise me to see this happen again.

The situation is pretty much like with precious metals, where mostly gold is leading the trend. Silver usualy follows, with higher volatilty thus higher possible profits. Other metals are more or less corelated but in any case just because there are gold and silver it can't be said other metals are not useful. Just like some metals outperform gold and silver in certain areas, there are many things one can do with current altcoins that Bitcoin will probably never be able to do. The main difference here is that not enough time passed for anyone sane to call Bitcoin a clear winner.

Ahh there we go, I see what you mean/=.

[Amph]

Look into DMD (Diamond coin) and DGB (Digibytes). Both altcoins have tremendous devs and community to see them through. Do not trust any coins with less than 2 years of history behind it.

lol diamond maybe be okish but digibyte is a trash clone, unless they changed somethign recently with the algo, it was a bad scrypt coin at the beginning i remember it, i mined it

also pos coins in general will be never a thing, they are based on making the rich richer

[stoat]

Ethereum will be the largest blockchain by the end of the year.   Delay investment at your peril.

[1Referee]

Ethereum will be the largest blockchain by the end of the year.   Delay investment at your peril.

Largest Blockchain as in the amount of GB in total isn't that big of a deal. Every one can add rubbish to the Blockchain to make it grow in size. It's nothing special.

[khalized]

probably two altcoins are really under priced...
dogecoin and litecoin.
probably they can rise... (as litecoin from 1 to 5 $ in 2 weeks this summer)

Well dogecoin today make a good JUMP!
nice to see that, and nice to see that my prediction become quickly reality
I have sold a little batch of Doge (more 100k)  I don't think could happen another jump in a short period

[smith coins]

I just checked dogecoin how is pumped today and i can say those who invested yesterday are getting a high profit today (around 30%), sometimes yes it worth investing in altcoins

[khalized]

I just checked dogecoin how is pumped today and i can say those who invested yesterday are getting a high profit today (around 30%), sometimes yes it worth investing in altcoins

It's from months that their price is "depressed"... I have accumulated a nice batch from September... Now this rise give a nice profit, but I remember when dogecoin price was at least 60 satoshi and touch also 80!

[smith coins]

I just checked dogecoin how is pumped today and i can say those who invested yesterday are getting a high profit today (around 30%), sometimes yes it worth investing in altcoins

It's from months that their price is "depressed"... I have accumulated a nice batch from September... Now this rise give a nice profit, but I remember when dogecoin price was at least 60 satoshi and touch also 80!

I remember too when the price was at @70, unforutanetly i sold few weeks before at 30 and i am getting a bit nervous now that i didn't know that today the price will be pumped for about +30%

[khalized]

I just checked dogecoin how is pumped today and i can say those who invested yesterday are getting a high profit today (around 30%), sometimes yes it worth investing in altcoins

It's from months that their price is "depressed"... I have accumulated a nice batch from September... Now this rise give a nice profit, but I remember when dogecoin price was at least 60 satoshi and touch also 80!

I remember too when the price was at @70, unforutanetly i sold few weeks before at 30 and i am getting a bit nervous now that i didn't know that today the price will be pumped for about +30%

I decide to not sold my coins, also I exchange 1500k satoshi in the last weeks (LUCKY )
I think that this one of the "historic" altcoin with a background (minimum) but with a good numbers of users that accept it, or exchange to trade with in.
Maybe price could touch again 70 satoshi, but meanwhile I prefer to cash out my 30%

[pissedoff]

I just checked dogecoin how is pumped today and i can say those who invested yesterday are getting a high profit today (around 30%), sometimes yes it worth investing in altcoins

It's from months that their price is "depressed"... I have accumulated a nice batch from September... Now this rise give a nice profit, but I remember when dogecoin price was at least 60 satoshi and touch also 80!

I remember too when the price was at @70, unforutanetly i sold few weeks before at 30 and i am getting a bit nervous now that i didn't know that today the price will be pumped for about +30%

I decide to not sold my coins, also I exchange 1500k satoshi in the last weeks (LUCKY )
I think that this one of the "historic" altcoin with a background (minimum) but with a good numbers of users that accept it, or exchange to trade with in.
Maybe price could touch again 70 satoshi, but meanwhile I prefer to cash out my 30%

Altcoins are not very stable compared to bitcoins so I don't think its a good idea to to wait for a alltime high price.

[stoat]

Ethereum will be the largest blockchain by the end of the year.   Delay investment at your peril.

Largest Blockchain as in the amount of GB in total isn't that big of a deal. Every one can add rubbish to the Blockchain to make it grow in size. It's nothing special.

Im referring to largest as in transactions, market cap, etc.  

If you still think doge or bitcoin will be market leaders you're goong to get a very sharp wake up call.

[Pkzone]

I also think OP is right.
But I guess altcoins are unstable' though there are stable coins out here.

[smith coins]

I just checked dogecoin how is pumped today and i can say those who invested yesterday are getting a high profit today (around 30%), sometimes yes it worth investing in altcoins

It's from months that their price is "depressed"... I have accumulated a nice batch from September... Now this rise give a nice profit, but I remember when dogecoin price was at least 60 satoshi and touch also 80!

I remember too when the price was at @70, unforutanetly i sold few weeks before at 30 and i am getting a bit nervous now that i didn't know that today the price will be pumped for about +30%

I decide to not sold my coins, also I exchange 1500k satoshi in the last weeks (LUCKY )
I think that this one of the "historic" altcoin with a background (minimum) but with a good numbers of users that accept it, or exchange to trade with in.
Maybe price could touch again 70 satoshi, but meanwhile I prefer to cash out my 30%

Then you are lucky, i don't know what happened that the doge altcoin is pumped today by 30% simple unbelievable.

[SISAR]

I also think OP is right.
But I guess altcoins are unstable' though there are stable coins out here.

Altcoins are more volatile than Bitcoin but that is where higher % profits can be made. Or you can chose to stick with Bitcoin and use leveraged trading from 2:1 up to 20:1 if you dare. 

[Denker]

Sure, Bitcoin can go up 100% from here but altcoins can go up 1000% much easier and much faster, given their current marketcaps and lack of liquidity. But do not wait for too long, buy at least a small amount of altcoins at current very low prices and smile later when majority suddenly (re)discovers altcoins, many of which outperform Bitcoin is all technical aspects. Pretty much every noob investor and speculator is dumping altcoins now so you should be slowly buying them.

I thought about altcoins too, that one or the other of them might take off significantly.The problem is which one? I doubt it will be all of the top 10 or top 20. So this seems also to be a kind of gambling to choose the right one.
Therefore when you stick with Bitcoin, growth will definitely happen. And it can be way more than just 100%!!

[SISAR]

Therefore when you stick with Bitcoin, growth will definitely happen.

Nothing is 100% and so many things can go wrong anytime. If you are invested all into Bitcoin or whatever else you can realisticaly end up nulled. Altcoins, precious metals, land, enumismatics, rare or even unique stuff with constant demand are a nice way to hedge against total loss. Good portfolio is one where person is well diversified within and out of some sector, with very stable to very volatile investments where more attention and money is put into currently stable stuff. But whoever dismisses very volatile investments should not expect to ever see 1000% or higher gains.

[pissedoff]

Therefore when you stick with Bitcoin, growth will definitely happen.

Nothing is 100% and so many things can go wrong anytime. If you are invested all into Bitcoin or whatever else you can realisticaly end up nulled. Altcoins, precious metals, land, enumismatics, rare or even unique stuff with constant demand are a nice way to hedge against total loss. Good portfolio is one where person is well diversified within and out of some sector, with very stable to very volatile investments where more attention and money is put into currently stable stuff. But whoever dismisses very volatile investments should not expect to ever see 1000% or higher gains.

I agree with you. But altcoin volatility is too high to buy and hold. You need to buy low and sell high in the short term.

[vengeful]

Sure, Bitcoin can go up 100% from here but altcoins can go up 1000% much easier and much faster, given their current marketcaps and lack of liquidity. But do not wait for too long, buy at least a small amount of altcoins at current very low prices and smile later when majority suddenly (re)discovers altcoins, many of which outperform Bitcoin is all technical aspects. Pretty much every noob investor and speculator is dumping altcoins now so you should be slowly buying them.

You say this is the best time to buy altcoins but there a ton of different altcoins out there. How are we to know which ones are gonna survive and which ones are gonna go down the "drain". There might only be handful of them that have the potential to come near the success that Bitcoins has received but the question still remains who they might be? (Other than litecoins)

[SISAR]

What I am doing is buy a bit of coins and immidiately put them up for sale, at 2x 5x 10x 25x 100x profits depending on current coin marketcap and liquidity. There are few very cheap altcoins that overaly sound great to me and situation is there are not many up for sale which means if sudden madness hits price might surge extremely. So I buy 50,000 coins total at let's say 100 Satoshi each (total investment 0.05 BTC for that trade) and place sell orders as follows:

5,000 coins at 1,000 Satoshi = 0.05 BTC (return of investment)
10,000 coins at 2,500 Satoshi = 0.25 BTC (profit)
20,000 coins at 10,000 Satoshi = 2 BTC (even more profit)

15,000 coins remain for the highly unlikely but still possible case that 1 coin = 1 BTC  

Of course, you can buy less coins in one go and spread buying over some period of time.

[vengeful]

Could you please specify what these coons are, I mean which ones are they. I don't think that similar profits can be made but a nice nudge in that direction would be of great help

[SISAR]

Could you please specify what these coons are, I mean which ones are they. I don't think that similar profits can be made but a nice nudge in that direction would be of great help

Put some time into investigating coins with marketcap at around or under 100 BTC at http://coinmarketcap.com/2#BTC and http://coinmarketcap.com/3#BTC then pick those that suit your interests, investement idea, sentiment or whatever. All those coins can easily 1000% in a day or less. Of course that no matter how awesome some coin might look you should not invest any serious money in it, start with a few USD invested at best and then over some time (weeks and months, not hours or days) decide if you wanna exit position, reduce it or add to it.

Overaly (there are some exceptions) I'm hunting coins that are unique and are traded on at least 2 exchanges. If they trade in China that is a big plus.

[smith coins]

Could you please specify what these coons are, I mean which ones are they. I don't think that similar profits can be made but a nice nudge in that direction would be of great help

The cons of altcoins is because the price changes a lot so you can make or good profit or a huge loss, it's more unstable than bitcoin.

[suda123]

stay away from altcoins

[SISAR]

i don't know what happened that the doge altcoin is pumped today by 30% simple unbelievable.

Dogeparty (working clone of Counterparty for DOGE) went up 45% but with very low volume, still a nice example of how little money it takes to make a major price movement with some altcoins.

http://coinmarketcap.com/currencies/dogeparty/

[AtheistAKASaneBrain]

Sure, Bitcoin can go up 100% from here but altcoins can go up 1000% much easier and much faster, given their current marketcaps and lack of liquidity. But do not wait for too long, buy at least a small amount of altcoins at current very low prices and smile later when majority suddenly (re)discovers altcoins, many of which outperform Bitcoin is all technical aspects. Pretty much every noob investor and speculator is dumping altcoins now so you should be slowly buying them.

You say many of them outform Bitcoin in all its technical aspects, yet you don't give any examples. Last time I checked, I didn't see any coin that has proven to be stable under Bitcoin's pressure, which is the nº1 reason to bet on it. Maidsafe is the only coin different enough that I would be able to trust long term as something valuable.

As for Crypto 2.0 coins:

https://bitcointalk.org/index.php?topic=1153740.0

But even that won't help you much unless you actualy used those coins, extensively and more than once.

(alt) coins do not have the potential to go up so much. 1000% is an impractical amount. In the last 6 months of me trading alt coins, not a single coin that I know of, has gone up 1000%

Dozens of them went up 1000% or more, not sure where you are looking.

As for everything else you posted, a problem here is that so many are double-binary = Bitcoin only and the only way is up. Else I'm gonna jump off the building. That is insane. Sure, they can make money, possibly more than with altcoins (totaly doubt that though) but still they are insane and I don't feel well dealing with insane people even if we all are trillionaires.

I don't see anything on that list that couldn't be able to get implemented thanks to sidechains, even all the stuff that Ethereum does can be integrated in Bitcoin (see rootstock) so alts are becoming more and more irrelevant. Some of the features on other alts are actually undesirable like PoS itself which is crap as a "proof of" way to do things to be honest.

[gentlemand]

Dogeparty (working clone of Counterparty for DOGE) went up 45% but with very low volume, still a nice example of how little money it takes to make a major price movement with some altcoins.

http://coinmarketcap.com/currencies/dogeparty/

24 hour volume - $33. The salad days are here. Rejoice.

[r0ach]

Since this thread is filled with noobs from the streets of Calcutta, here's all you need to know about coins:

8% altcoin
2% bitcoin

This is pretty idiotic seeing as how any altcoin that doesn't plan to implement either deterministic block production or lightning network is basically dead in the water scaling wise.  Lightning network with 1MB block size is estimated to be able to handle 50 million users with infinite transactions.  Assuming the new world order plan to reduce human population to pre-industrial revolution levels of 500mil goes through, you'd still need 8MB block size + Lightning Network to serve as world reserve currency in that case.

Scaling wise, the only altcoins really attempting to push anything forward in that category are NXT, Bitshares, Ethereum.  NXT's transparent forging is currently vaporware and unknown if it would ever see the light of day.  Bitshares deterministic block production works, but is cursed by the bad business decisions of Dan Larimer.  Ethereum network partitioning/deterministic block production is also vaporware.  Ethereum might be able to pull off the scaling, but they have a behemoth and maybe insecure software stack to place on top of it that might implode it.

So, in this case, even if Bitcoin doesn't go above 1MB blocks, there's really nothing coming down the line to challenge it's network effects.  Better luck next time motherkwuker.

[bearex]

Sure, but most of them are just pump and dump, and the chance of raising 1000% is much smaller than the chance of them becoming equal to 0 $

[bitcoin-hunter]

Altcoins are good but i prefer the real think.
Because most of the altcoins are run and made by scammy devs.

[BitMaxz]

Maybe you are right but the problem is what altcoin is the best that we can make a profit in a long run just like in bitcoins.
Can you suggest?

[Bavaria]

What about risks of 90%+ of altcoins which are doomed and have no way to recover because whales simply dumped all their holdings and newbies baghold them?

Low liquidity means extreme upside potential! Besides, Bitcoin went up so much exactly because bagholding aka HODL so I don't find your argument good enough to dismiss altcoin markets recovery.

Exactly! BTC also went up because of bagholding! The same will be with good altcoins.

[Apraksin]

I am so fucking tired of altcoins!

Every altcoin I've ever invested in has either been a scam or gone dead in the water after a while. Granted, you can earn a fair amount of BTC on altcoin speculation, but when it comes down to it I might as well should have just put my BTC in cold storage and then forgot about them until the next growthspurt. The amazing amount of bullshit I've been through with the god damn altcoins just hasn't been worth it.

Fuck altcoins, buy BTC. In the long run it's the safest bet.

[DieJohnny]

There is simply too much noise in the altcoin space. It doesn't matter what amazing features they have, there are simply too many competing coins and NONE of them can separate themselves. You would think LTC is separated, however, I think its volume is largely fake.

I have bought altcoins and won big, I have bought altcoins and lost big. Altcoins are a con mans game right now.

[socks435]

I think its better to choose bitter than altcoin because bitcoin is my destiny.
Good luck for some investor there if you want to try altcoin just make sure you afford to lose..

[Pro Gamers]

To buy altcoins bitcoin is only accepted as payment so you have to have bitcoin and you one of the easiest and fastest way of having it is by buying it. You still have a choice to buy bitcoin.

[UnknownUsername]

You are either butthurt because btc didnt do good for you.. Please, there is no shitty altcoin can even provide a good service to invest with.

[stoat]

To buy altcoins bitcoin is only accepted as payment so you have to have bitcoin and you one of the easiest and fastest way of having it is by buying it. You still have a choice to buy bitcoin.

Kraken will be offering direct fiat - Ether gateway like the coinbase of Ethereum. 

Good luck clinging to dying deprecated bitcoin technology. 

Ethereum mist browser is already here,  it makes bitcoin look like a piece of shit.

Sorry about your coin losers, its going the way of the Dodo soon.

[Amph]

To buy altcoins bitcoin is only accepted as payment so you have to have bitcoin and you one of the easiest and fastest way of having it is by buying it. You still have a choice to buy bitcoin.

Kraken will be offering direct fiat - Ether gateway like the coinbase of Ethereum. 

Good luck clinging to dying deprecated bitcoin technology. 

Ethereum mist browser is already here,  it makes bitcoin look like a piece of shit.

Sorry about your coin losers, its going the way of the Dodo soon.

ethereum is still nothing and they said at some point that it will use bitcoin on their decentralized platform, so why use their currency?

also ethereum is nothing new really, it's another bitcoin clone

[stoat]

To buy altcoins bitcoin is only accepted as payment so you have to have bitcoin and you one of the easiest and fastest way of having it is by buying it. You still have a choice to buy bitcoin.

Kraken will be offering direct fiat - Ether gateway like the coinbase of Ethereum. 

Good luck clinging to dying deprecated bitcoin technology. 

Ethereum mist browser is already here,  it makes bitcoin look like a piece of shit.

Sorry about your coin losers, its going the way of the Dodo soon.

also ethereum is nothing new really, it's another bitcoin clone

Deny reality all you like.   Ethereum IS revolutionary.   Delay investment at your own financial peril.

[Amph]

To buy altcoins bitcoin is only accepted as payment so you have to have bitcoin and you one of the easiest and fastest way of having it is by buying it. You still have a choice to buy bitcoin.

Kraken will be offering direct fiat - Ether gateway like the coinbase of Ethereum. 

Good luck clinging to dying deprecated bitcoin technology. 

Ethereum mist browser is already here,  it makes bitcoin look like a piece of shit.

Sorry about your coin losers, its going the way of the Dodo soon.

also ethereum is nothing new really, it's another bitcoin clone

Deny reality all you like.   Ethereum IS revolutionary.   Delay investment at your own financial peril.

ethereum is nothing more than freenet done better, i like that they are promoting a decentralized thing, but that's it, i still want to use bitcoin and not a clone of it, which would be pointless

in the end about ethereum i only like their platform not their currency

[doc12]

I'm holding about 85% of my stash in BTC. Then a bit in XMR and ETH and Doge ( because I mined it myself and dont want to sell  )

I think holding around 90% in BTC and the rest in some established alts is a good bet.

[wildan88]

Yes, you are right. my experience when bitcoin prices rise, then the altcoin price down and vice versa when the bitcoin prices fell, altcoins prices rise. I ever experienced that.

[Marc De Mesel]

Agree strongly.

Check out another vid I made about it recently:

"Solving Bitcoin's Centralization: NXT vs Clam":
https://www.youtube.com/watch?v=WMZqnbtzXOI


I think the strongest argument against altcoins is that bitcoin may be the facebook, google, ebay of this world that has the network effect in it's favor and is impossible to beat when you tried to follow their tracks. But with the exception of ebay most of these are actually a second or third version and beat others that had the network effect going long before them. Social networks Friendster, MySpace, search engines Yahoo, MSN all had very strong network effects in their favor, yet the newcomer that offered something much better took it all.

[gentlemand]

Social networks Friendster, MySpace, search engines Yahoo, MSN all had very strong network effects in their favor, yet the newcomer that offered something much better took it all.

But not one single example involved one cent of user money. All they had to do was skip across to the better platform with a couple of clicks. Trying to compare that when there's actual money in the equation makes zero sense.

[stoat]

Social networks Friendster, MySpace, search engines Yahoo, MSN all had very strong network effects in their favor, yet the newcomer that offered something much better took it all.

But not one single example involved one cent of user money. All they had to do was skip across to the better platform with a couple of clicks. Trying to compare that when there's actual money in the equation makes zero sense.

It is not hard to sell bitcoin for Ethereum.  A couple clicks as you say.  Thousands have done it already.

[gkv9]

According to me, all alts are just puppets and are going to die one day soon...
For eg.; just see Dogecoins, where they were and where they are now...
Even Ripple was a big scam, so being in Bitcoins is the only way to profit these days, as alts are either just going to scam or die one day by their own users...
We should really not compare alt-techs with the parent one which helped these alts to get to work...

[gentlemand]

It is not hard to sell bitcoin for Ethereum.  A couple clicks as you say.  Thousands have done it already.

If every Bitcoin user decided Ethereum was the way forward I'd estimate somewhere around 1-5% would actually manage to end up with the same value in ETH before Bitcoin's price turned to dust.

[stoat]

Exactly, so don't delay.

[MaxTax]

Altcoins are like gambling very risky.
Too many scams happening there, which means you are never sure if you end up losing 90% of your investment.

[croato]

I dont think Altcoins are good investment at all. There is way too much scams in that scene. Altcoins (at least some of them) are mostly good way to coders sharpen their skills and good test ground for things that could one day be implemented in Bitcoin but if you ask me, crypto need maybe few alts (with faster confirms, able to send dust cheaper and anon sending options) and that is all.

[pissedoff]

I dont think Altcoins are good investment at all. There is way too much scams in that scene. Altcoins (at least some of them) are mostly good way to coders sharpen their skills and good test ground for things that could one day be implemented in Bitcoin but if you ask me, crypto need maybe few alts (with faster confirms, able to send dust cheaper and anon sending options) and that is all.

Not all altcoins are scams. There are a few altcoins that can be considered as a good investment.

[Supercrypt]

I dont think Altcoins are good investment at all. There is way too much scams in that scene. Altcoins (at least some of them) are mostly good way to coders sharpen their skills and good test ground for things that could one day be implemented in Bitcoin but if you ask me, crypto need maybe few alts (with faster confirms, able to send dust cheaper and anon sending options) and that is all.

Not all altcoins are scams. There are a few altcoins that can be considered as a good investment.

But unlike bitcoin prices, altcoin's prices are highly manipulated. When bitcoin faced down fall, alt coins were suffered a lot. I always do not consider altcoins as good investment opportunities even some of them are established in some ways.

[LuckyYOU]

I would not reckon to spend time on altcoins.
99% are scams. The rest run by honost developers.
So yeah you will lose money on that.

[gkv9]

I dont think Altcoins are good investment at all. There is way too much scams in that scene. Altcoins (at least some of them) are mostly good way to coders sharpen their skills and good test ground for things that could one day be implemented in Bitcoin but if you ask me, crypto need maybe few alts (with faster confirms, able to send dust cheaper and anon sending options) and that is all.

Not all altcoins are scams. There are a few altcoins that can be considered as a good investment.

After the Ripple thing which was so big in terms of market capitalization, I guess Bitcoin is best in its genre as it at least helps you get out at the rates you bought at before...
Which altcoin should be trusted??? All are P&D mostly, unless we see something extremely creative in the concept mentioned...

[pissedoff]

I would not reckon to spend time on altcoins.
99% are scams. The rest run by honost developers.
So yeah you will lose money on that.

You need to choose wisely when investing in altcoins. There are a few honest coins to invest in if you do your research.

[SISAR]

Sure, but most of them are just pump and dump, and the chance of raising 1000% is much smaller than the chance of them becoming equal to 0 $

How exactly would you drop let's say Huntercoin ( https://bitcointalk.org/index.php?topic=435170.0 ) to zero? 42 million coins in total, current supply is a bit over 10 million coins and with current price of roughly 500 Satoshis that makes Huntercoin marketcap a bit over 50 BTC. To buy all 10 million already mined coins for 1 Satoshi each you'd need just 0.1 BTC asuming all current holders would sell to you which is highly unlikely. So right there your story about "equal to zero" is not holding the water. But if you can find some other reasons why mentioned coin might go to zero feel free to post them (make sure you understand what is Huntercoin, who are developers and other fundamentals).

I am so fucking tired of altcoins!

Every altcoin I've ever invested in has either been a scam or gone dead in the water after a while. Granted, you can earn a fair amount of BTC on altcoin speculation, but when it comes down to it I might as well should have just put my BTC in cold storage and then forgot about them until the next growthspurt. The amazing amount of bullshit I've been through with the god damn altcoins just hasn't been worth it.

Fuck altcoins, buy BTC. In the long run it's the safest bet.

Wait, so it is altcoins' fault that you lost money investing in them? It is not about your noobish trading and investing skills? You have bought into many early pumps and dumps, lost money there and now you are bitching about altcoins yet cheering Bitcoin expecting others to listen to you? Based on what success stories? Bitcoin dropped from above 1200 USD down to below 200 USD but it is great yet altcoins that dropped roughly the same (many actualy dropped less) are shit?

[Pab]

Sure, Bitcoin can go up 100% from here but altcoins can go up 1000% much easier and much faster, given their current marketcaps and lack of liquidity. But do not wait for too long, buy at least a small amount of altcoins at current very low prices and smile later when majority suddenly (re)discovers altcoins, many of which outperform Bitcoin is all technical aspects. Pretty much every noob investor and speculator is dumping altcoins now so you should be slowly buying them.

Depends  what altcoins,doge is up 30% in last two days Buy is from BTC38,maybe chinise are preparing doge pump

[start the art]

Top ten altcoins ( Lite,Dash,Doge,Ethereum,NXT,Monero,Bitshares....) will probably survive.
But wait a little longer,new dump is on its way.
And THEN buy some of your favorite alts.

[SISAR]

Top ten altcoins ( Lite,Dash,Doge,Ethereum,NXT,Monero,Bitshares....) will probably survive.
But wait a little longer,new dump is on its way.
And THEN buy some of your favorite alts.

To wait a bit longer with top altcoins might be a good call but it is not with realy cheap yet interesting altcoins. It is all related to liquidity. One will possibly not lose much profit if he is a bit late with top altcoins because 1000% rise is very unlikely in very short period of time which means that buying after bottom is confirmed would probably still result in a great entry prices. But with very cheap altcoins, where liquidity is very low, 1000% rise is possible in a single buy! Unless you bought coins prior to a rise you'd miss a big part of profit because instead of buying at let's say 1000 Satoshis today you'd be looking at 5000 or 10000+ Satoshis as entry prices tommorow.

[pissedoff]

Top ten altcoins ( Lite,Dash,Doge,Ethereum,NXT,Monero,Bitshares....) will probably survive.
But wait a little longer,new dump is on its way.
And THEN buy some of your favorite alts.

The top altcoins cannot be counted in numbers of 10. I prefer to only invest in the top 3-5 altcoins because the remaining 5 might change in rank.

[pissedoff]

Top ten altcoins ( Lite,Dash,Doge,Ethereum,NXT,Monero,Bitshares....) will probably survive.
But wait a little longer,new dump is on its way.
And THEN buy some of your favorite alts.

To wait a bit longer with top altcoins might be a good call but it is not with realy cheap yet interesting altcoins. It is all related to liquidity. One will possibly not lose much profit if he is a bit late with top altcoins because 1000% rise is very unlikely in very short period of time which means that buying after bottom is confirmed would probably still result in great entry prices. But with very cheap altcoins, where liquidity is very low, 1000% rise is possible in a single buy! Unless you bought coins prior to a rise you'd miss a big part of profit because instead of buying at let's say 1000 Satoshi today you'd be looking at 5000 or 10000+ as entry prices tommorow.

Investing in altcoins requires lots of research if you want to profit unless your investing in the top altcoins.

[SISAR]

Investing in altcoins requires lots of research if you want to profit unless your investing in the top altcoins.

It is actualy the oppossite of what you stated. The higher on marketcap list some altcoin is placed, the more time you'd need to research it and stay up to date. For other altcoins, in a single day you can quick-check hundreds of them for at least basics like community activity (forum thread), existence of main website and explorer, trade volume at exchanges and all-time charts simply by using http://coinmarketcap.com/ data. After discarding what looks like shit to you keep on learning more about altcoins that you like. In under a week you'll have a clear picture of situation and then just occassionaly check for any updates.

[afbitcoins]

I'm enjoying this thread and agree with the idea, though wouldn't recommend picking alts to everyone. Idea of only looking at those with big market cap is sensible. Also those that have been around for a while

@SISAR Wondered if you care to name any that have caught your attention ?

Only alt I follow myself is DASH, might also be tempted to look into ETH a bit more though.

[MaritiJames3]

I would never go for an altcoin since i heard just too many bad things about them.
Most of the developers there are not developers at all, just hiring some guy to make a coin and they make up some graphics.

[wikenpp]

I would never go for an altcoin since i heard just too many bad things about them.
Most of the developers there are not developers at all, just hiring some guy to make a coin and they make up some graphics.

That's correct. Apart from their bogus marketing plan they can't deliver on anything.
There are a few legit coins with good developers but they too can make a coin go downhill very fast by having no time.

[afbitcoins]

I would never go for an altcoin since i heard just too many bad things about them.
Most of the developers there are not developers at all, just hiring some guy to make a coin and they make up some graphics.

That's correct. Apart from their bogus marketing plan they can't deliver on anything.
There are a few legit coins with good developers but they too can make a coin go downhill very fast by having no time.

Why I like Dash, the devs are delivering

[stoat]

Ethereum is on a bit of a bull run right now.

[angaper]

It is undoubted that you can make huge money investing in altcoins, but your capital will be at high risk all the time If you don't have the proper knowledge and strategy to do it. I personally prefer to invest in bitcoin because is the only digital currency with a brilliant future, no matter to be patient for several years to reach the expected wealth.

[stoat]

It is undoubted that you can make huge money investing in altcoins, but your capital will be at high risk all the time If you don't have the proper knowledge and strategy to do it. I personally prefer to invest in bitcoin because is the only digital currency with a brilliant future, no matter to be patient for several years to reach the expected wealth.

You people add nothing to the discussion.  Why dont you all fuck off?

[stoat]

Ethereum is on a big bull run right now.

[Arcteryx]

I dont think Altcoins are good investment at all. There is way too much scams in that scene. Altcoins (at least some of them) are mostly good way to coders sharpen their skills and good test ground for things that could one day be implemented in Bitcoin but if you ask me, crypto need maybe few alts (with faster confirms, able to send dust cheaper and anon sending options) and that is all.

This is exactly what I think of altcoins. I invested in monero and nxt and look at them now. They are not worth as much as I got them for and are just depreciating everytime that I check on their price while holding them.

[Alexthesalamander]

Every blockchain based cryptocurrency other than Bitcoin & Litecoin is basically shitty P&D scam which prey on naive small-time investors.

What i learned in 2015:

Do not fall in the trap. Stop being a tool for assholes. The FOMO is your enemy, so NEVER ever whatsoever give into it. 

[Amph]

Ethereum is on a big bull run right now.

only because of bitcoin, like everything else, all good altcoin usually increase when bitcoin get a pump, nothing new

[crairezx20]

Honestly altcoin is not the best option because they are slow pump price than bitcoin also some of them are scam...
So think trice before buying some altcoin to hold it in the long year or months

[SISAR]

I invested in monero and nxt and look at them now.

"I Invested in Bitcoin at 1200 USD and look at it now. Bitcoin sux!" - Noobish trader and investor, at the time Bitcoin was at 200 USD.

I'm very glad that I started this thread because now it is more clear to me that most people who are bearish on altcoins are clueless and inexperienced. Which makes me bullish on altcoins even more.

[stoat]

Ethereum is on a big bull run right now.

only because of bitcoin, like everything else, all good altcoin usually increase when bitcoin get a pump, nothing new

Pfff not really you total retard.  Most altcoins dump hard when bitcoin rises.  You just dont have a clue, a literal dribbling retard who knows nothing.

[Amph]

Ethereum is on a big bull run right now.

only because of bitcoin, like everything else, all good altcoin usually increase when bitcoin get a pump, nothing new

Pfff not really you total retard.  Most altcoins dump hard when bitcoin rises.  You just dont have a clue, a literal dribbling retard who knows nothing.

you must be joking, it is known that many alt get pumped when bitcoin rise, then you have exception but there are always those exception in every fiedl

[stoat]

Here's your loose change sig spam retard *chucks pennies into the gutter*

[Darkbot]

I'm very glad that I started this thread because now it is more clear to me that most people who are bearish on altcoins are clueless and inexperienced. Which makes me bullish on altcoins even more.

You're the only one who thinks like that and the rest; the 99,9% off this forum disagrees with you. You still dont realize that you are the biggest clueless noob here!

[stoat]

Dont get butthurt.  Btc market cap is only ~7 billion.  An altcoin that gets popular could easily overtake btc.

[Snail2]

Altcoins are a pretty risky business but it could be extremely profitable. Anyway, currently alts are not something to invest in, but something to trade. Probably later, when the dust settles a few innovative altcoins will be good investments.

[Amph]

Dont get butthurt.  Btc market cap is only ~7 billion.  An altcoin that gets popular could easily overtake btc.

before any altcoin get popular it's more likely that btc get popular, with a better marketcap, so don't waste your time on any altcoin, they are all clone of the best one, bitcoin

[SISAR]

I'm very glad that I started this thread because now it is more clear to me that most people who are bearish on altcoins are clueless and inexperienced. Which makes me bullish on altcoins even more.

You're the only one who thinks like that and the rest; the 99,9% off this forum disagrees with you. You still dont realize that you are the biggest clueless noob here!

The most of Bitcoin community are fanatics, highly unrealistic and not thinking with clear heads, which of course leads to results like one linked bellow, where 50 "experts" or whatever were asked to predict BTC price at around 01.01.2015. an essential reading for anyone interested in realisation of how a majority can be very wrong. That means even a majority of this forum, even right now.

http://foundersgrid.com/bitcoin-price

[Bavaria]

I'm very glad that I started this thread because now it is more clear to me that most people who are bearish on altcoins are clueless and inexperienced. Which makes me bullish on altcoins even more.

You're the only one who thinks like that and the rest; the 99,9% off this forum disagrees with you. You still dont realize that you are the biggest clueless noob here!

It`s SISAR that is winner, not the 99%. When 99% are bears they are clueless and it`s the right time to buy assets!

[Bavaria]

None of the alt has so many bagholders as BTC. There are tens of thousands that bought BTC at 1200 USD 2 years ago.

None of the alts supporters were scammed so hardly as BTC fans. MtGox and other scam exchange or evaporated black markets heisted tens of thousands of BTC holders.

If not willy bot and other notorious hypes BTC would still cost 0.01 USD even today - 6 years after its launch.

Don`t say all alts are scams. You must know in which one and when you must invest.

[Pab]

Emer coin has agreement with Microsoft,best long term crypto investment now

http://www.coindesk.com/press-releases/emercoin-joins-microsoft-azures-blockchain-platform/

[Pollak]

If you go into the altcoin game, make sure to be very carefull. I know for a fact a lot of dev's are not here to help crypto...

No, they want to take your money.

[NorrisK]

If you go into the altcoin game, make sure to be very carefull. I know for a fact a lot of dev's are not here to help crypto...

No, they want to take your money.

If you stick to the older coins that have been around since 2013 and are still there with an active dev team, than the risk of them only wanting your money is very small.

I agree that altcoin trading might bring more return on invest, but it is best to wait for the general altcoin market to change direction again. Also, don't get attached to the coins, it is easy to want to keep them a bit too long.

[Amph]

None of the alt has so many bagholders as BTC. There are tens of thousands that bought BTC at 1200 USD 2 years ago.

None of the alts supporters were scammed so hardly as BTC fans. MtGox and other scam exchange or evaporated black markets heisted tens of thousands of BTC holders.

If not willy bot and other notorious hypes BTC would still cost 0.01 USD even today - 6 years after its launch.

Don`t say all alts are scams. You must know in which one and when you must invest.

in fact i only advise to buy on the top 10 at best, better to focus on the top 5, but doge is not good anymore, it's there only because of the nostalgia

and not even without willy bot, the current value of bitcoin would be the real value, willy bot just create a fake pump from 120 to 1200, then we rebuilded it...a true pump as you can see right now

[chokesir]

Altcoins is nice but I don't think so I just better going for bitcoin. Altcoins for me look more to learn more about bitcoin and a hobby to earn money with it. That is why is better to hold with bitcoin and trade some and with altcoins just trade it.

[btcxyzzz]

I would agree, but you carefully need to pick right one among plenty of crap. Right now, Bitshares is dirt cheap compared to what it offers, and it was falling for too long. Also, Neoscoin seems like it's dead, but actually it's not, small development effort & hype, and there it goes 10x...

[martinacar]

I would agree, but you carefully need to pick right one among plenty of crap. Right now, Bitshares is dirt cheap compared to what it offers, and it was falling for too long. Also, Neoscoin seems like it's dead, but actually it's not, small development effort & hype, and there it goes 10x...

Yeah they are a lot that is nothing. When I started to know bitcoin altcoins are very nice to learn from it.
But now I am just going to just do bitcoin I don't have time to do other coins I am a busy man.

Always look the charts if it is going ood or bad if you are going to buy altcoins for new people.

[elite3000]

The BTC price is stable, but Doges already increased from 31 Satoshis to 41 Satoshi/doge.

You are right, but buy now and you'll risk buy on the top of the pump

[Puhi]

Anything in crypto world with real value (base value more than 0) and growing base value in physical gold is XAURUM. This little coin is the one I have my eyes on.

[XinXan]

Anything in crypto world with real value (base value more than 0) and growing base value in physical gold is XAURUM. This little coin is the one I have my eyes on.

I don't know man, new altcoins like that with almost no volume are totally not a good idea unless you are trying your luck investing like 0.01, otherwise I don't really see the point since you can't really trade with it with such low volume.

[Puhi]

Anything in crypto world with real value (base value more than 0) and growing base value in physical gold is XAURUM. This little coin is the one I have my eyes on.

I don't know man, new altcoins like that with almost no volume are totally not a good idea unless you are trying your luck investing like 0.01, otherwise I don't really see the point since you can't really trade with it with such low volume.

We'll see... Since new year they have a lot of power on goldmine, daily more than 30g of gold mined per day.
I always have an option to "melt" XAU so they send the physical gold to my home.

[Apraksin]

We'll see... Since new year they have a lot of power on goldmine, daily more than 30g of gold mined per day.
I always have an option to "melt" XAU so they send the physical gold to my home.

What a really nice fairytale!

[Puhi]

We'll see... Since new year they have a lot of power on goldmine, daily more than 30g of gold mined per day.
I always have an option to "melt" XAU so they send the physical gold to my home.

What a really nice fairytale!

We'll see 

[CryptoBjorn]

if you are inexperienced, don't go for altcoins. It's not a nice investment.
Unless you like to lose your money. Then by all means invest loads in altcoins.

[Supercrypt]

if you are inexperienced, don't go for altcoins. It's not a nice investment.
Unless you like to lose your money. Then by all means invest loads in altcoins.

I believe you must be right. Because no alt bitcoin moves on its own. They highly dependent on bitcoin prices. At the same time the risk of dump is more with any alt coin. To avoid alt coin I believe we don't need any experience, because I learned it from this forum only.

[talks_cheep]

I made more money on altcoins like digibytes and diamond coins than bitcoins. You have to open your mind, be flexible and the first of rule of investing is DIVERSIFY. Most people stay with what's comfortable for them and they get slaughtered. Think outside the box if you want success. Do your research and only go for altcoins with 2 or more years of history.

[praprata]

if you are inexperienced, don't go for altcoins. It's not a nice investment.
Unless you like to lose your money. Then by all means invest loads in altcoins.

I believe you must be right. Because no alt bitcoin moves on its own. They highly dependent on bitcoin prices. At the same time the risk of dump is more with any alt coin. To avoid alt coin I believe we don't need any experience, because I learned it from this forum only.

Altcoins is just nice when you are starting with bitcoin.
At least with it you can just learn how to trade and other stuff.

When you are just trying to earn money thru bitcoin and not having a lot experience that is true that you will lose money that is why I am going for bitcoin.

[jt byte]

I trade in altcoins and yes it can be good, since there are good times.
But there are also bad times. And these days those scam devs are getting better and better.

It's hard to say whom is true and honest and whom is a scammer.

[Nobitcoin]

Yes a seriously undervalued coin is DigiCube selling very cheap at the moment with 5.3% interest a day. Buy and stake only 4 days for stakestick to ship.

[rokkyroad]

I trade in altcoins and yes it can be good, since there are good times.
But there are also bad times. And these days those scam devs are getting better and better.

It's hard to say whom is true and honest and whom is a scammer.

Good post and so true. I've watched the scam progression for the last two years. The scammers are getting more and more sophisticated.  Its impossible to tell who is on the up and up.  Better off not buying.

As far as buying older coins we know are not scams, they have decreased so much in value who knows if they will rebound or die.  None of them seem to be making inroads to real world use.

[americanpegasus]

I'm just going to put this out there since every altcoin scammer is piling on this topic to try to pump their shit: 
 
If there are ANY of the following words associated with an altcoin, it is shit-tier: 
 
- presale
- IPO
- proof-of-[anything but work] 
- staking
- affiliate
- masternode
- pump 
- interest 
- shares 
 
 
 
So far the only valid 'proof' discovered that can scale economically is proof-of-work.  Proof-of-stake is flawed for a currency until further notice, and unless a cryptocurrency has a chance to ascend to a Tier 2 economy (a transactional economy, and acting as *more* than just a speculative vehicle) then it is bunk.  And unless a cryptocurrency significantly improves upon Bitcoin from a technological perspective (shuffling variables is not significant improvement) then it has no reason to exist. 

[HydroThunder]

I'm just going to put this out there since every altcoin scammer is piling on this topic to try to pump their shit: 
 
If there are ANY of the following words associated with an altcoin, it is shit-tier: 
 
- presale
- IPO
- proof-of-[anything but work] 
- staking
- affiliate
- masternode
- pump 
- interest 
- shares 
 
 
 
So far the only valid 'proof' discovered that can scale economically is proof-of-work.  Proof-of-stake is flawed for a currency until further notice.

Coins with PoW that waste a ton of electricity sure are the future right? Nothing gets investors excited like a coin that requires ever expanding resources in order to secure the network.

[SISAR]

Many people here are bashing PoS coins because of one (1) stupid article where author calculated that if the biggest NXT forger continues forging for like 1000 years he will get 51% of total coins. Absolutely laughable. Like, he is that stupid to compromise his enormous wealth by actualy performing 51% attack. Just like Satoshi is stupid and will one day dump his incredibly massive BTC bags down to zero USD.

In the other news, Factom (FCT) is +70% for the day with 2,500+ BTC volume.

https://poloniex.com/exchange#btc_fct

[americanpegasus]

Coins with PoW that waste a ton of electricity sure are the future right? Nothing gets investors excited like a coin that requires ever expanding resources in order to secure the network.

Money must be expensive to create.  That's what gives it value.  
  
A rock that came from a planet a thousand light years away is more valuable than a child's macaroni art.  
  
A coin that was forged through millions of computers all competing using a network measured in zettahashes (PoW) is more valuable than a coin given out to someone for sitting on a large stack of already minted coins (PoS).  
  
You may not understand money as well as you think.  It's not a bug that Bitcoin or Monero is so hard to create - it's a feature.  

[CrypticTrader]

thanks for all the advice

[SISAR]

Coins with PoW that waste a ton of electricity sure are the future right? Nothing gets investors excited like a coin that requires ever expanding resources in order to secure the network.

Money must be expensive to create.  That's what gives it value.  
  
A rock that came from a planet a thousand light years away is more valuable than a child's macaroni art.  
  
A coin that was forged through millions of computers all competing using a network measured in zettahashes (PoW) is more valuable than a coin given out to someone for sitting on a large stack of already minted coins (PoS).  
  
You may not understand money as well as you think.  It's not a bug that Bitcoin or Monero is so hard to create - it's a feature.  

If you waste all available energy on mining some PoW coin you will end up with zeroes and ones stored somewhere (HDDs or whatever) that are useless because you have no energy to start the show. Or if we go hardcore physics, since everything is energy, you would end up with nothing, literary. Right there you should see a big difference BTC vs anything physical. BTC is immaterial and requires so many things to function in order to be of some use while everything material stands on it's own. Gold and diamonds are pretty much indestructable and you don't have to use any energy or whatever else to maintain their qualities and properties. Hence all cryptocoins suck in a grand scheme of things.

If it is not up to human greed and a need to secure the network (so failed specie we are) one could run the show with average computer.

[owm123]

Sure, Bitcoin can go up 100% from here but altcoins can go up 1000% much easier and much faster, given their current marketcaps and lack of liquidity. But do not wait for too long, buy at least a small amount of altcoins at current very low prices and smile later when majority suddenly (re)discovers altcoins, many of which outperform Bitcoin is all technical aspects. Pretty much every noob investor and speculator is dumping altcoins now so you should be slowly buying them.

If bitcoin fails, every altcoin will fail. It does not matter if some altocoins have better technology or not.

For any altcoin to succeed, bitcoin must be well. And only altcoins that provide something that bitcoin does not, can be alongside bitcoin. Whether these are faster confirmation (e.g. litecoin), anonymity (e.g. monero) or using computer power for science (e.g. gridcoin), etc.

[SISAR]

If bitcoin fails, every altcoin will fail. It does not matter if some altocoins have better technology or not.

Ohh, one of the epic bullshits rotating around cryptocoin community.

[HydroThunder]

Coins with PoW that waste a ton of electricity sure are the future right? Nothing gets investors excited like a coin that requires ever expanding resources in order to secure the network.

Money must be expensive to create.  That's what gives it value.  
  
A rock that came from a planet a thousand light years away is more valuable than a child's macaroni art.  
  
A coin that was forged through millions of computers all competing using a network measured in zettahashes (PoW) is more valuable than a coin given out to someone for sitting on a large stack of already minted coins (PoS).  
  
You may not understand money as well as you think.  It's not a bug that Bitcoin or Monero is so hard to create - it's a feature.  

If you waste all available energy on mining some PoW coin you will end up with zeroes and ones stored somewhere (HDDs or whatever) that are useless because you have no energy to start the show. Or if we go hardcore physics, since everything is energy, you would end up with nothing, literary. Right there you should see a big difference BTC vs anything physical. BTC is immaterial and requires so many things to function in order to be of some use while everything material stands on it's own. Gold and diamonds are pretty much indestructable and you don't have to use any energy or whatever else to maintain their qualities and properties. Hence all cryptocoins suck in a grand scheme of things.

If it is not up to human greed and a need to secure the network (so failed specie we are) one could run the show with average computer.

"We poured money into it, therefore it should be valuable" is an absurd statement. Moore's law will make it so that only those with a monetary interest will secure the network, and only those with money will be able to do so. Using millions of computers to create a coin and having that be the basis of value is not logical system for a currency. Comparing a space rock to macaroni art is a terrible example.

[martinacar]

Altcoins are way to risky. I would net recommend trading it without some practice or guidance from an expert.
You will end up losing loads of money else.

[SISAR]

"I told you!" bump! 

For more on what might come true check https://bitcointalk.org/index.php?topic=1342936.0