What altcoin should we be buying now for greatest ROI?

[mr_random]

ITT: people recommend the coins they are invested in.

[markm]

I'm not suggesting that things like bitcoin, litecoin, and ppcoin aren't good investments, just that if you are looking for a fast high ROI to multiply your bitcoin-buying, litecoin-buying and/or peercoin-buying budget with you probably want things that are dirt cheap but that aren't non merged mined coins that are proof of work using a proof of work that dozens of other coins also use, because the miners jump all over the place so most such coins are probably doomed.

Even a new proof of work could easily find at any moment that dozens of other coins that spring up overnight suddenly turn out to also use it so might not be any better really than the already common scrypt and SHA proofs of work.

That keeps bringing me back to the merged mined coins but also looking around for any proof of stake coins that aren't massively overstaked by their pre-mine or too high difficulty for me to easily rake in solo mining.

(I look at things like Emerald for example that one can snap up a bunch of overnight solo just in case they ever take off.)

-MarkM-

[simplydt]

I'm not suggesting that things like bitcoin, litecoin, and ppcoin aren't good investments, just that if you are looking for a fast high ROI to multiply your bitcoin-buying, litecoin-buying and/or peercoin-buying budget with you probably want things that are dirt cheap but that aren't non merged mined coins that are proof of work using a proof of work that dozens of other coins also use, because the miners jump all over the place so most such coins are probably doomed.

Even a new proof of work could easily find at any moment that dozens of other coins that spring up overnight suddenly turn out to also use it so might not be any better really than the already common scrypt and SHA proofs of work.

That keeps bringing me back to the merged mined coins but also looking around for any proof of stake coins that aren't massively overstaked by their pre-mine or too high difficulty for me to easily rake in solo mining.

(I look at things like Emerald for example that one can snap up a bunch of overnight solo just in case they ever take off.)

-MarkM-

Yeah, that's exactly what I was trying to get at with this thread, coins that could return 100x your investment easier than others. As you say, a change from $0.01 to $1 is more likely than $1 to $100, simply due to human psychology. Then the problem becomes picking the most likely cheap coin that has potential to achieve the $1 mark

So far thanks to this thread I've decided:

• To buy $100 of devcoins, $30 already purchased.
• To seriously look into namecoin, and possibly buy $100-$500 worth of it after I learn more about it.

[jlspartz]

I'm not involved with any coins other than holding btc and xpm currently, so a little bit less biased than some...  I look for coins challenging the proof of work model because any copycat coin won't be the 100-fold return.  Primecoin is possibly a half year old now and is up there in market cap alongside the veteran coins.  I'm putting my money into eMunie on launch which is not a fork of any current development.  Might want to check that out.  I'm also trying curecoin on launch this weekend.

[xan_The_Dragon]

DeVCoin, maybe? It is so cheap right now that even a satoshi either way in price is nearly 5% ...

Yet in the past it has gone for 300 satoshis or more.

-MarkM-

no way devcoin is ever going up in price again its been goign down consistently for at least half a year, and by a lot, its unlimited amount of coins that can be made make it inflationary

[simplydt]

DeVCoin, maybe? It is so cheap right now that even a satoshi either way in price is nearly 5% ...

Yet in the past it has gone for 300 satoshis or more.

-MarkM-

no way devcoin is ever going up in price again its been goign down consistently for at least half a year, and by a lot, its unlimited amount of coins that can be made make it inflationary

Maybe I should keep my holding at $30 then

[Hazard]

Plus devtome is largely a shithole filled with copypasted wikipedia articles and other lifted content.

I like the concept of devcoin, but it's execution has been horrific.

[markm]

Just in the last couple of days people bought all my devcoin sell offers up all the way through to 29 satoshis, so yeah it does go up, at moments, for moments.

But there are more and more new authors joining Devtome who seem to just want to cash out, so of course those higher prices are just momentary; if you sat such prices on the buy side the authors would sell into them as many coins at it took to bring the price down again. The trick is to sit waiting, not to go oh I want an order to be executed right now.

Devtome might just be a massive mistake for the devcoin project, since it pays people who have no interest in free open source, instead of seeking out authors who already have a lifestyle of contributing to free open source writing(s).

Basically it seems to have abandoned the original idea of rewarding people who already do freely contribute to free open source projects, on some theory that eventually this way it will make money from advertising and that money can be used to support the real goals.

Going off chasing money instead of the real ideals may have kind of not turned out so great afterall.

-MarkM-

[xan_The_Dragon]

ITT: people recommend the coins they are invested in.

Exactly

[markm]

Well the reverse happens too, y'know. If I am to recommend a coin, I'll recommend it to myself first. So naturally I'll be invested in it by the time I tip off other people about it.

If I wasn't you'd justifiably be asking how come I am not invested in it if it is so great...

But okay, fine, lets play contrarian...

...Tell us all about the coins that are too crappy an investment for you to have bothered investing in...

-MarkM-

[xan_The_Dragon]

DeVCoin, maybe? It is so cheap right now that even a satoshi either way in price is nearly 5% ...

Yet in the past it has gone for 300 satoshis or more.

-MarkM-

no way devcoin is ever going up in price again its been goign down consistently for at least half a year, and by a lot, its unlimited amount of coins that can be made make it inflationary

Maybe I should keep my holding at $30 then

yeah if not sell them, since the amount of total coins isnt, limited like bitcoin, there is inflation with it, also devcoin has been around years and hasn't gotten anywhere, so its not the best, i would suggest other deflationary coins,

[hypersire]

I'm not involved with any coins other than holding btc and xpm currently, so a little bit less biased than some...  I look for coins challenging the proof of work model because any copycat coin won't be the 100-fold return.  Primecoin is possibly a half year old now and is up there in market cap alongside the veteran coins.  I'm putting my money into eMunie on launch which is not a fork of any current development.  Might want to check that out.  I'm also trying curecoin on launch this weekend.

+1 on eMunie. I'm currently in PPC and CGB and I will certainly be adding eMunie upon its release.

[Lauda]

I'd suggest CGB, MEC and eMunie.

[fran2k]

Best coins for me are:
- Developed: PPC, NVC, XMP & LTC.
- In development: Curecoin, Qixcoin, Netcoin and other innovative stuff.

For best ROI if have no idea, when BTC/USD falls any coin goes up.

[Lauda]

Best coins for me are:
- Developed: PPC, NVC, XMP & LTC.
- In development: Curecoin, Qixcoin, Netcoin and other innovative stuff.

For best ROI if have no idea, when BTC/USD falls any coin goes up.

Developed as in features? LTC? 

[super3]

Protoshares hands down. About to be worth more than litecoin.

[Lauda]

Protoshares hands down. About to be worth more than litecoin.

This is happening, very soon. Especially after it hits an exchange.

[markm]

Oh don't tell them! The protoshares difficulty is high already for gosh sakes!

What are you thinking about TAG while we're on corporate-sponsored coins?

-MarkM-

[Lauda]

Oh don't tell them! The protoshares difficulty is high already for gosh sakes!

What are you thinking about TAG while we're on corporate-sponsored coins?

-MarkM-

TAG has some good features but it's mostly hype. I wouldn't touch it if it was the last crypto on the planet.

[smeagol]

Devcoin!  It's at an all time low.