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IXC2XIC (OP)
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November 01, 2013, 11:06:27 PM
Last edit: November 01, 2013, 11:44:04 PM by IXC2XIC |
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This is a rapidly changing industry so I wanna see what the favorite Crypto Coins are for all the newbies coming in.
Post your favorite crypto coin, besides the obvious Bitcoin, why and where you see it going.
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dennis.g
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Activity: 10
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November 01, 2013, 11:24:15 PM |
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Bitcoin for me. Unless others become mainstream soon.
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Krikke81
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November 01, 2013, 11:26:43 PM |
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For me also BTC, it is getting adopted, people talk about it, wonder what it is. No Altcoins come near BTC (for now).
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IXC2XIC (OP)
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November 01, 2013, 11:27:42 PM |
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Bitcoin for me. Unless others become mainstream soon.
Bitcoin is a great choice but the idea is to get into the new Bitcoin 2.0 before it becomes obvious unless you wanna pay $200 for that new coin too. |
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IXC2XIC (OP)
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November 01, 2013, 11:35:58 PM |
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For me also BTC, it is getting adopted, people talk about it, wonder what it is. No Altcoins come near BTC (for now).
Correct. But like I said, the idea is to find the next great coin before it happens. |
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IXC2XIC (OP)
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November 01, 2013, 11:43:08 PM |
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Ok, so let's say then, besides Bitcoin, what is your favorite alt coin and why?
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neurobox
Full Member
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Activity: 220
Merit: 100
Getting too old for all this.
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November 01, 2013, 11:58:07 PM |
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For me also BTC, it is getting adopted, people talk about it, wonder what it is. No Altcoins come near BTC (for now).
Correct. But like I said, the idea is to find the next great coin before it happens. Not a newbie, but to supplement the OP's point, I wish I'd diversified into the various altcoins even sooner than I did. You win some, you lose some, but the odd one takes off and surprises everyone. In general, the more you know about the coin you're investing in, the better, but also the sooner you buy in to a coin that's even possibly destined for success, the better (though wait out the usual IPO hype/drop). They vary in value from about US$4 to about $0.01, some much less. Newcomer Primecoin has shown some unexpected strength and popularity of late. True story: I sent a few bucks over to Cryptsy.com and plunked a quarter's worth into most of the alt-coins, 90% of the coins tanked, some held even, and just one or two skyrocketed and tripled my entire investment, and I was able to move some returns over to CEX to buy some mining horsepower.  In total, the Altcoins did better than Bitcoin, even counting that it has since doubled in value. |
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Sythyn
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November 02, 2013, 12:08:36 AM |
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My favourite coin is feathercoin |
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IXC2XIC (OP)
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November 02, 2013, 12:20:02 AM |
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My favourite coin is feathercoin Common newbie mistake. If I launch BeakCoin would you embrace it? lol. |
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IXC2XIC (OP)
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November 02, 2013, 12:28:53 AM |
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Have you newbies noticed everytime Bitcoin spikes, 99% of the cryptos get killed?
That's a hint I think. So then, only maybe 2 or 3 cryptos will survive when Bitcoin really breaks out next year.
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neurobox
Full Member
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Activity: 220
Merit: 100
Getting too old for all this.
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November 02, 2013, 12:50:19 AM |
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Have you newbies noticed everytime Bitcoin spikes, 99% of the cryptos get killed?
That's a hint I think. So then, only maybe 2 or 3 cryptos will survive when Bitcoin really breaks out next year.
Good point. Do watch for those spikes, they make for an awesome time to buy in to your preferred altcoins. |
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Athanasios Motok
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November 02, 2013, 12:53:18 AM |
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For me also BTC, it is getting adopted, people talk about it, wonder what it is. No Altcoins come near BTC (for now).
Correct. But like I said, the idea is to find the next great coin before it happens. Not a newbie, but to supplement the OP's point, I wish I'd diversified into the various altcoins even sooner than I did. You win some, you lose some, but the odd one takes off and surprises everyone. In general, the more you know about the coin you're investing in, the better, but also the sooner you buy in to a coin that's even possibly destined for success, the better (though wait out the usual IPO hype/drop). They vary in value from about US$4 to about $0.01, some much less. Newcomer Primecoin has shown some unexpected strength and popularity of late. True story: I sent a few bucks over to Cryptsy.com and plunked a quarter's worth into most of the alt-coins, 90% of the coins tanked, some held even, and just one or two skyrocketed and tripled my entire investment, and I was able to move some returns over to CEX to buy some mining horsepower. In total, the Altcoins did better than Bitcoin, even counting that it has since doubled in value. What is CEX? Is it good? |
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IXC2XIC (OP)
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November 02, 2013, 12:55:34 AM |
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Have you newbies noticed everytime Bitcoin spikes, 99% of the cryptos get killed?
That's a hint I think. So then, only maybe 2 or 3 cryptos will survive when Bitcoin really breaks out next year.
Good point. Do watch for those spikes, they make for an awesome time to buy in to your preferred altcoins. That's a good strategy but there is a major flaw with it. Bitcoin is set to go to Wall-Street and Main Street [ soon] which means it's about to go on a massive run and not stop for a year, maybe two. And if you buy an alt coin thinking it's a steal you may end up losing it all. |
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dennis.g
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November 02, 2013, 12:59:19 AM |
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but! Bitcoin was a steal some years back. Maybe it still is |
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IXC2XIC (OP)
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November 02, 2013, 01:23:23 AM |
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but! Bitcoin was a steal some years back. Maybe it still is It still is cause it will run much higher but it won't compare to what you can make if you find the next Bitcoin. |
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dennis.g
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November 02, 2013, 01:33:16 AM |
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I can see you are passionate about your opinion, that is generally a good thing. However, one can be as certain as you are only if he can know the future. I certainly cannot.
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IXC2XIC (OP)
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November 02, 2013, 01:36:33 AM |
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I can see you are passionate about your opinion, that is generally a good thing. However, one can be as certain as you are only if he can know the future. I certainly cannot.
There exists a way to actually see and know the future. |
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Thenen
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November 02, 2013, 01:37:25 AM |
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My favourite coins are Bitcoin and goldcoin....
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dennis.g
Newbie
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November 02, 2013, 01:41:10 AM |
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I can see you are passionate about your opinion, that is generally a good thing. However, one can be as certain as you are only if he can know the future. I certainly cannot.
There exists a way to actually see and know the future.Don't keep it to yourself! Spread the love brother  |
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IXC2XIC (OP)
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November 02, 2013, 01:47:50 AM |
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I can see you are passionate about your opinion, that is generally a good thing. However, one can be as certain as you are only if he can know the future. I certainly cannot.
There exists a way to actually see and know the future.Don't keep it to yourself! Spread the love brother Hahahaaaa. Have you ever tried simply asking? |
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