there don't seem to be great Bitcoin alternatives

[jonald_fyookball]

I have been seriously considering hedging a portion of my Bitcoin
holdings in other cryptocurrencies.

But so far, upon researching, they all seemed to be plagued
with one issue or another.

Ethereum?  Gaining huge traction right now but one
look at the inflation curve compared to Bitcoin and
there's just no way i'm going for that.  

Zcash?  I read that the reason why its so anonymous
is that the funds are internally mixed using a super
secret key 'corporate team key' that 6 people have access to.  
yikes.

Ripple?  Not even a cryptocurrency.  No...just, no.

Dash?  huge instamine (claimed by accident) and 10% of
the rewards go to a treasury account, and some algo
("DGBB") gets to decide how to spend the money. red flags.

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[Alexis]

What about Monero or Litecoin.

[Ayers]

I have been seriously considering hedging a portion of my Bitcoin
holdings in other cryptocurrencies.

But so far, upon researching, they all seemed to be plagued
with one issue or another.

Ethereum?  Gaining huge traction right now but one
look at the inflation curve compared to Bitcoin and
there's just no way i'm going for that.  

Zcash?  I read that the reason why its so anonymous
is that the funds are internally mixed using a super
secret key 'corporate team key' that 6 people have access to.  
yikes.

Ripple?  Not even a cryptocurrency.  No...just, no.

Dash?  huge instamine (claimed by accident) and 10% of
the rewards go to a treasury account, and some algo
("DGBB") gets to decide how to spend the money. red flags.

decred is good, it was done by oen of the core team tht now is working on his own project called decred, raised by more than 250% today, i would invest there if bitcoin see trouble

[jonald_fyookball]

What about Monero or Litecoin.

Monero looks decent.  Only problem is I don't see a good wallet for it. You have to run a full node which i don't really want to do, or use a web wallet (out of the question).

Litecoin wasn't even on my mind but why not?

[AngryDwarf]

What about Monero or Litecoin.

Monero looks decent.  Only problem is I don't see a good wallet for it. You have to run a full node which i don't really want to do, or use a web wallet (out of the question).

Litecoin wasn't even on my mind but why not?

Litecoin - simple bitcoin clone with no innovation whatsover, unless you call a few parameter tweaks and a different PoW algorithm as serious innovation. It's only going one way in the crypto rankings, presumably the fact that it is 'lite' means it has not sunk as fast as PPC and NMC.

Monero has a gui in beta stage, but it does require running a full node as far as I am aware. Don't know if there are any third party SPV wallets.

[jonald_fyookball]

What about Monero or Litecoin.

Monero looks decent.  Only problem is I don't see a good wallet for it. You have to run a full node which i don't really want to do, or use a web wallet (out of the question).

Litecoin wasn't even on my mind but why not?

Litecoin - simple bitcoin clone with no innovation whatsover, unless you call a few parameter tweaks and a different PoW algorithm as serious innovation. It's only going one way in the crypto rankings, presumably the fact that it is 'lite' means it has not sunk as fast as PPC and NMC.

Monero has a gui in beta stage, but it does require running a full node as far as I am aware. Don't know if there are any third party SPV wallets.

like I said -- no great alternatives right now.

[judeafante]

What about Monero or Litecoin.

I also want to store monero but with my internet conenction and my space I cannot run a wallet it will take weeks before I can download the whole blockchain,I will store monero too when I got a new computer.

[LFC_Bitcoin]

I've thought about trying to jump on one of the pump & dump alt trains a number of times but just never been fully convinced &/or missed good entry points.

You can make great profits with some of the alts but none of them are long term investments. You need to get in & out quickly, ideally sell so you can increase your bitcoin stash.

[cellard]

Best to stay in Bitcoin. No other coin comes close. Some have some interesting ideas... that's all. Fundamentally not worth it.

Now that BUg is lossing traction and segwit is gaining it, price is recovering. We will come out of this stronger.

PS: Beware of people selling their altcoin as the next big thing in periods of bitcoin weakness.

[jonald_fyookball]

Best to stay in Bitcoin. No other coin comes close. Some have some interesting ideas... that's all. Fundamentally not worth it.

Now that BUg is lossing traction and segwit is gaining it, price is recovering. We will come out of this stronger.

PS: Beware of people selling their altcoin as the next big thing in periods of bitcoin weakness.

dozens of other threads for the scaling debate   Lets try to keep this one clean. 

I agree with you -- one way or another we will come out of this stronger.

Even though Bitcoin is the best, I still think we should stay vigilant and try
to bring back the utility of fast confirmations and low fees ASAP.  Don't you?

[K128kevin2]

Monero looks decent.  Only problem is I don't see a good wallet for it. You have to run a full node which i don't really want to do, or use a web wallet (out of the question).

Yeah Monero seems interesting. The web wallet (mymonero) doesn't store private keys or anything as far as I can see, but you're still trusting them to serve you JavaScript that isn't backdoored which they can change at any time.

[jonald_fyookball]

Monero looks decent.  Only problem is I don't see a good wallet for it. You have to run a full node which i don't really want to do, or use a web wallet (out of the question).

Yeah Monero seems interesting. The web wallet (mymonero) doesn't store private keys or anything as far as I can see, but you're still trusting them to serve you JavaScript that isn't backdoored which they can change at any time.

ah ok.  i suppose it could be used offline then. thx.

[SONG GEET]

Yeah Monero seems interesting. The web wallet (mymonero) doesn't store private keys or anything as far as I can see, but you're still trusting them to serve you JavaScript that isn't backdoored which they can change at any time.

Thanks for letting us know about mymonero because i was also looking for good web wallet for monero. But i am really confused by this warning they have on registration page https://mymonero.com/#/create-your-account

However, because this convenience comes at a cost: it is extremely difficult for MyMonero to securely deliver its code to your browser. This means that there is considerable risk in using MyMonero for large amounts!

[SvenBomvolen]

I count Litecoin as one of the most perspective among other altcoins. I heard many storyies about how people could increase their capitals with litecoin, the same way as how people got rich with bitcoin. Even I bought couple of Litecoins to see how this invistition will act itself, probably i will buy some more from the next payment from the campaign.

[K128kevin2]

Yeah Monero seems interesting. The web wallet (mymonero) doesn't store private keys or anything as far as I can see, but you're still trusting them to serve you JavaScript that isn't backdoored which they can change at any time.

Thanks for letting us know about mymonero because i was also looking for good web wallet for monero. But i am really confused by this warning they have on registration page https://mymonero.com/#/create-your-account

However, because this convenience comes at a cost: it is extremely difficult for MyMonero to securely deliver its code to your browser. This means that there is considerable risk in using MyMonero for large amounts!

Yeah, that's what I meant in my post. Sorry for not being clear.

None of your private keys should ever touch their server. However there's nothing stopping them silently altering the code to add something that sends your private pass phrase away to someone on the internet.

[Roboabhishek]

What about Monero or Litecoin.

Monero looks decent.  Only problem is I don't see a good wallet for it. You have to run a full node which i don't really want to do, or use a web wallet (out of the question).

Litecoin wasn't even on my mind but why not?

You should try ETH it's really good , competing and might beat ( lul ) bitcoin in future i am not sure but currently this is the best thing you can plan except keeping bitcoins in cold wallet.

[amacar2]

I count Litecoin as one of the most perspective among other altcoins. I heard many storyies about how people could increase their capitals with litecoin, the same way as how people got rich with bitcoin.

Litecoin can be considered as stable as bitcoin because of large community supporting it but they aren't getting any attention this days. They are good to hedge against bitcoin but for long term holding you may not earn much with it.

[BingoDog]

Many altcoins have tried to get close to bitcoin and become so popular and addopted but so far none of them hasn't achieved that value. This will be hard because I don't think there is much space for two or more very strong cryptocurrencies on the market. Maybe in the future but at the moment bitcoin will stay without serious competition.

[aardvark15]

I have been seriously considering hedging a portion of my Bitcoin
holdings in other cryptocurrencies.

But so far, upon researching, they all seemed to be plagued
with one issue or another.

Ethereum?  Gaining huge traction right now but one
look at the inflation curve compared to Bitcoin and
there's just no way i'm going for that.  

Zcash?  I read that the reason why its so anonymous
is that the funds are internally mixed using a super
secret key 'corporate team key' that 6 people have access to.  
yikes.

Ripple?  Not even a cryptocurrency.  No...just, no.

Dash?  huge instamine (claimed by accident) and 10% of
the rewards go to a treasury account, and some algo
("DGBB") gets to decide how to spend the money. red flags.

Consider watching the charts on Etherium, Monero, Dash, and Litecoin (maybe others too) and when any of those drop in price, buy a little. I want to buy Etherium too but can't buy it at $50. In fact, I sold some recently to book some profit and I am looking to buy back if it drops.

[Taki]

Many altcoins have tried to get close to bitcoin and become so popular and addopted but so far none of them hasn't achieved that value. This will be hard because I don't think there is much space for two or more very strong cryptocurrencies on the market. Maybe in the future but at the moment bitcoin will stay without serious competition.

That's right. Bitcoin has no competition today. No one could come even close to it yet. I think bitcoin is the best investment today. And altcoins are just wasting of time, cause of they appear and disappear almost daily.