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Author Topic: Which coins are not scams?  (Read 4852 times)
clint25n
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May 06, 2013, 06:10:37 AM
 #21

My speculation:

BTC (stable, father of coins, could go to thousands one day)
LTC ("could" be the silver coin to BTC's gold, we will see  Undecided )
CNC (could be China's BTC one day, too early to tell but cheap to invest today)

If this is correct, and it's just a guess, then the best money making opportunities would be CNC ($0.15/ea) then LTC ($3.60/ea) then BTC ($120/ea).
But it's all speculation. If the Chinese buy up CNC, then watch it go to the moon (20% of global population over there).  Grin

Feathercoin will die (my guess)
Namecoin very useful, will stick around but will never takeoff like BTC did.
PPCoin it's own name will be it's enemy.
RustyShackleford1950
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May 06, 2013, 06:33:33 AM
 #22

Honestly;

Not Scams:
Bitcoin
Litecoin
Namecoin
Devcoin

Probably not scams (but unclear, future success unclear):
PPCoin
Bitbar

Potential Scams but still worth looking at:
Feathercoin
Freicoin

Probably scams:
Novacoin
Terracoin
Mincoin
Freicoin

Almost certainly scams:
Chinacoin
Junkcoin
Bytecoin
BBQcoin

On keyboard, the big d, rusty shackleford
teresa563
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May 06, 2013, 02:36:52 PM
 #23

bitcoin
riku2015
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May 06, 2013, 02:40:46 PM
 #24

bitcoin and litecoin are most safe ones, all others i suggest trade when mined to btc or ltc
e521
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May 06, 2013, 02:44:28 PM
 #25

The logic is really simple: If BTC bursts, every other coin is devalued along with it. If FTC bursts, nothing happens..

if BTC bursts only BTC holders will get burned

FTWbitcoinFTW
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May 06, 2013, 02:45:49 PM
 #26

In short, you're asking for people's asset ?


Lost coins only make everyone else's coins worth slightly more. Think of it as a donation to everyone.
it has lots of buttery taste..
kooke
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May 06, 2013, 02:50:05 PM
 #27

Feathercoins and bitbars are the biggest scams.

mkmen
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May 06, 2013, 02:52:47 PM
 #28

Novacoin is a scam to me.
Terracoin is a scam to me.
Feathecoin is a scam to me.

My List:
Bitcoin
Litecoin
PPCoin
DevCoin

agreed and i would add Namecoin
fran2k
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May 06, 2013, 02:56:10 PM
 #29

Bitcoin
Litecoin
PPCoin
NameCoin
DevCoin
detail3
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May 06, 2013, 03:13:51 PM
 #30

Does anybody have a list? I don't want to invest in any scams.

So you've already seen a long list from other users, which you'll have to digest on your own due to your research.  What I'll add is that you want to look at what coins are being actively developed and not just rotting...when considering Altcoins, look to what they offer Above what bitcoin offers, if they are not innovative (read: if they are a clone) then they have a LOT of catching up to do with bitcoin which has first mover advantage.  Most clones are pump and dumps, plain and simple, users are hoping to make money by driving the price up and cashing out...these coins will likely have a short life span and long term holders will get burned.

Something has to offer value above that which bitcoin offers in order to get people to actually use it.  Just look at your regular life, its hard for makers of new pad devices to get users unless they offer sufficient incentive to the ipad....lower price, added features, etc...  The same can be said of any product.  People dislike change immensely and won't change unless there is a significant amount of value added.  Now, with superior marketing a coin may in time prove worthy competition to Bitcoin of course, it is a market after all, but you're then basing your decision upon the marketing strategies of various holders and investors, etc...

In short if its the same as bitcoin or a clone of another altcoin then its likely not a good investment period as those coins are operating at a comparative disadvantage (they lack first mover advantage).  If they offer something different then you have to wonder to yourself what people will be wanting a few years from today, if you think a coin offers that, then its a good investment in your mind.  Its hard to predict human behavior, of course, but this is what investors seek to do daily.

Good luck.

For me I'm only interested in PPC and Bitcoin...I don't think litecoin offers enough of a difference to Bitcoin but I may very well be wrong and people really want it to succeed because of their holdings...there is something to be said for that.  People have criticisms of PPC as well, and they are not necessarily invalid, its all about what you see as being useful and adding value.  I also am watching closely the development of Netcoin.

Ofc this is just my opinion, and as you've seen here if you ask 10 different people, you'll get 10 different answers.
DryPowder
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May 06, 2013, 03:19:33 PM
 #31

Como dicen en mi país “cada quien quiere llevar agua a su propio molino” sorry for the Spanish but i don’t find the right words to say in English.  Grin

Keep Your Powder Dry
freequant
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May 06, 2013, 03:21:11 PM
 #32

1.Litecoin
2.Namecoin
3.PPCoin
4.Feathercoin
5.Terracoin
6.Novacoin



These are the main coins after BTC

FTFY
MosinNagant
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May 06, 2013, 03:38:14 PM
 #33

Bitcoin, Litecoin, Devcoin, PPcoin

I find it hard to trust other coins
kooke
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May 06, 2013, 03:40:18 PM
 #34

Junkcoin is definitely not a scam Smiley

Barnacle_Ed
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May 06, 2013, 05:54:36 PM
 #35

Como dicen en mi país “cada quien quiere llevar agua a su propio molino” sorry for the Spanish but i don’t find the right words to say in English.  Grin

"Everyone wants to bring the water to his mill, and leave his neighbor's dry" if I'm translating that right. Been awhile since I took any formal Spanish classes.


Poignant and sums up the altcoin world well Tongue
Invest0r
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May 06, 2013, 06:18:00 PM
 #36

Honestly;

Not Scams:
Bitcoin
Litecoin
Namecoin
Devcoin

Probably not scams (but unclear, future success unclear):
PPCoin
Bitbar

Potential Scams but still worth looking at:
Feathercoin
Freicoin

Probably scams:
Novacoin
Terracoin
Mincoin
Freicoin

Almost certainly scams:
Chinacoin
Junkcoin
Bytecoin
BBQcoin


Freicoin ain't a scam. Could you defend your post? Why are you saying that FreiCoin is a potential scam?

Speculating..
imperi
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May 06, 2013, 06:21:49 PM
 #37

Honestly;

Not backed by incompetent developers:
Bitcoin
Litecoin
Namecoin
Devcoin

Most likely not backed by incompetent developers not scams (but unclear, future success unclear):
PPCoin
Bitbar
Feathercoin

Might be backed by incompetent developers
Feathercoin
Freicoin

Probably backed by incompetent developers:
Novacoin
Terracoin
Mincoin
Freicoin

Almost certainly backed by incompetent developers:
Chinacoin
Junkcoin
Bytecoin
BBQcoin


Fixed, otherwise good.
romerun
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Bitcoin is new, makes sense to hodl.


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May 06, 2013, 06:34:29 PM
 #38

BFL
hathmill
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May 06, 2013, 06:38:59 PM
 #39

I own some bitcoins and feel safe. I own more litecoins (valued in usd) and feel lucky. I own 20 feathercoins and feel dirty. There is a limit to my greed and I can not go deeper then that, some dirt dont wash off.
hadrian
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May 06, 2013, 06:46:57 PM
 #40

Does anybody have a list? I don't want to invest in any scams.

Basically all of them...better question is which are not
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