Do you own any altcoins? Why? what for?

[hypostatization]

Ripple is designed to handle exactly these needs

Somebody will come along with a universal payment system that lets you pay in any crypto you like and the seller just receives cash in their account.

https://ripple.com/payment-network/#cross-currency-payments

Somebody (maybe cryptsy) will add the ability to purchase any crypto directly for cash.

https://ripple.com/blog/ripple-now-multi-lingual-supports-cash-deposits-and-more/ (enters network as fiat, then may converted to cryptos)

[extee]

only altcoins I'm interested in are PoS coins (peercoin, nxt and possibly emunie soon) as mining is not needed anymore for cryptocurrency to sustain itself and it is just costly deadweight (why should I pay fees or buy coins to ppl just wasting energy way? they was needed in early cryptos with PoW...but now they are just an inconvenience and a potentially dangerous category to negotiate with). i much prefer to give my money to developers through IPO  than give it to miners. that is for sure.

also I really don't understand people who invest in litecoin.....it' only appeal is that it was asic resistant....but it ain't anymore (alpha tech to release asic script miners soon).
all it has going for it is a multitude of  gpu mining (not for long) gamers pimping it on all forums...but technology wise it is a pointless coin. and will be dumped like a brick by
if you want a coin that is asic resistant the only remaining "mining coins" are xpm/datacoin which mine primes (which can't be asic-ed) and which are also faster than litecoin anyway.

[sunnyv]

I have no ltcoin

[Korbman]

Do you own any altcoin? Why?

I focus mostly on investing in Litecoin, while mining some of the other random coins every once in a while to try something different. Litecoin was the first true alternative to Bitcoin because of the framework it was built on, and just about everything since then has been a copycat.

As a disclaimer though, I do own a 'few' Litecoins as of right now, though a farfetch from the few thousand I used to hold mid-2012.

[Crestington]

I own Colossuscoin (100% POS) because it has a good community and cheap (worth 675k) and allows me to help build a new foundation. It might work out or may not but it's fun to dive in and build a foundation from the ground up.

I don't have that much Col, about 375 mil of 320 billion coin. When you do the math and convert the coin float into usd, the foundation is worth 675k usd which I think is cheap considering Dogecoin is worth 10 times as much.

Wow.

Would you be kind to give me some Colossus coin ? o great millionaire

thank you very much o great milloinaire

What's your Collosuscoin deposit address?

[jing888]

I only have XRP

[cocales]

I only have VIP coin   

[sunnyeast]

have some Bitcoin and XRP.
Bitcoin - the 1st coin and have good future.  
XRP-Have a good trading system that supported by ripple labs.

[Kungfucheez]

I own Colossuscoin (100% POS) because it has a good community and cheap (worth 675k) and allows me to help build a new foundation. It might work out or may not but it's fun to dive in and build a foundation from the ground up.

I don't have that much Col, about 375 mil of 320 billion coin. When you do the math and convert the coin float into usd, the foundation is worth 675k usd which I think is cheap considering Dogecoin is worth 10 times as much.

Wow.

Would you be kind to give me some Colossus coin ? o great millionaire

thank you very much o great milloinaire

What's your Collosuscoin deposit address?

lol, send me 5million COL coins as proof then 

25Dn893Zs462rU3FvHCju6aqi5Req5JpyN

[Crestington]

I own Colossuscoin (100% POS) because it has a good community and cheap (worth 675k) and allows me to help build a new foundation. It might work out or may not but it's fun to dive in and build a foundation from the ground up.

I don't have that much Col, about 375 mil of 320 billion coin. When you do the math and convert the coin float into usd, the foundation is worth 675k usd which I think is cheap considering Dogecoin is worth 10 times as much.

Wow.

Would you be kind to give me some Colossus coin ? o great millionaire

thank you very much o great milloinaire

What's your Collosuscoin deposit address?

lol, send me 5million COL coins as proof then 

25Dn893Zs462rU3FvHCju6aqi5Req5JpyN

I sent you 50k Col

[roozifus]

Ripple is designed to handle exactly these needs

Somebody will come along with a universal payment system that lets you pay in any crypto you like and the seller just receives cash in their account.

https://ripple.com/payment-network/#cross-currency-payments

Somebody (maybe cryptsy) will add the ability to purchase any crypto directly for cash.

https://ripple.com/blog/ripple-now-multi-lingual-supports-cash-deposits-and-more/ (enters network as fiat, then may converted to cryptos)

Currently I think ripple is overpriced because the supply is being dribbled out.
If you look on coinmarketcap.com the ratio of market cap / volume is ridiculous, even compared to mastercoin and nxt.
The way I read that is the supply is so limited that even though there aren't many people using/investing yet, people are having to pay a lot for each coin because the coins just aren't being released for sale.
I understand this is somewhat by design and the volume is expected to catch up to the market cap but at this rate I could see that taking a couple of years :S

It's hard to say though, I do think ripple is an interesting and unique crypto so maybe it's current price is reasonable just based on speculation of it's future.
I'm not one of those people who dislikes a coin just because it's pre-mined, I really don't care as long as people use the coin and get benefit from it.

I'd definitely like to pick some up in the future, I'm just scared at the moment that the ripple people will be forced to increase supply at some point and that will dilute the price heavily.

[coinerer]

History of Bitcoin is history of pump and dump, it means history of scam. Altcoins are not so different. They are younger brothers of bitcoin. So why not own them. Maybe it is possible that one or more of them repeat the success of the Bitcoin.

[kelsey]

+1 to all of this. Peercoin also makes 51% attacks impractical so it's a good choice if the recent ghash.io news spooked you. On top of all that Sunny King knows his shits and puts up weekly updates on here.

From a traders perspective I think its quite the opposite, from the research I've done on the POS system Sunny King doesn't know his shit lol

[Armando]

I own EAC and COYE, and I am almost sure will increase my XBT ammount with their help

[CoinManiac]

I owned EAC, LOT, LTC and NXT....a little bit of 42.

Just holding them ri8 nw..Nt to miss an oppurtunity like what BTC has seen.
Rest all new coins are crap. Cz miners mine them and then dump them at a lower price, which is nt gd for any coin..

[singula]

I own small quantities of about 30 or 40 coins, though about 5 of them are already dead and maybe 5 more are sort of terminally ill.
Mostly small quantities to make any significant profit in an exchange when dumped, so I'll rather keep them, speculating on the possibility of price going up.

But generally, I won't hold too much wealth in newer alt coins, when wealth in alts > wealth in BTC+LTC, it may be good time to consider rebalancing the portfolio in favor of BTC/LTC.

[Vivisector999]

I like to dabble in many.  And a lot of them not for profits, but because they are fun, or silly.  I have Federation Credits, which I will probably never sell, but just so I can tell my Trekkie friends I have Federation Credits, and they don't yet I am not a Trekkie.   I really like Bottlecaps, just the name and the Fallout ties.  I have never actually sold my Bottlecaps either.  I just like to have a small stash, incase I need them after the apocalypse  .  I also now am a supporter of Baconbits, or the Bacon coin, for no other reason than it has Bacon on it.  And I am more than likely going to mine Noodly Appendage coin, because the slogan "He boiled for our sins" actually had me laughing.  

Aside from that, my main coin is LTC, but I also dabble in WDC, MegaCoin, Cryptogenic Bullion, DigitalCoin and a few others.

I like Altcoins, because I honestly think BTC doesn't have what it will take to actually become the currency for the world.  It has to many flaws.  I don't think the alts atm have what it would take to complete the task either, but supporting the alts though supports new developers that may one day bring something totally new to the table that could make it the crypto to take over for fiat.  

I also support BTC,  It is the huge frontrunner, and will be the coin that pushes further and further into the mainstream opening up the doors for the entire idea of a cryptocurrency becoming a mainstream currency, and I believe it will one day many years from now be the currency accepted in place of Paypal for Ebay and most other internet sites.  

[matriculator]

I own Bitcoins- not much, around .25(Bought them on Coinbase the week before bitcoins plummeted to $500 a pop. Had I waited, I would've had .5 BTC :/). I also own a couple of Peercoins. A few hundred Fastcoins- they're relatively cheap. All the other altcoins I have were given to me for free like Fedoracoins, eTokens, Earthcoins, Catcoins etc... I own them because you never know what will happen. Since so many companies have started accepting Bitcoins, it could see a boom, some good altcoins will grow along it while most will burn, we don't know which, so I try owning as many different coins as possible. I especially like rare coins.

[JessicaMILFson]

+1 to all of this. Peercoin also makes 51% attacks impractical so it's a good choice if the recent ghash.io news spooked you. On top of all that Sunny King knows his shits and puts up weekly updates on here.

From a traders perspective I think its quite the opposite, from the research I've done on the POS system Sunny King doesn't know his shit lol

Did you document your research? I think this is really important that the world see this.

[zemario]

Interesting to see so many different points of view.

Could anyone provide a LTC/BTC chart that covers the whole 2013?

There you go:

What line is what? Could you mention the source too?