Hi everyone, just wanted to share with everyone what I have observed and also my beliefs regarding the future of the coins.
The coins with a low-minting amount using Scrypt-Jane library algorithms seems like a good investment and mining profit.
They have a chance of suddenly increasing their value as they are severely undervalued.
Example 1: QQcoin
https://bitcointalk.org/index.php?topic=389238.0As of now it is the most profitable coin which is reaching an all time low on
www.coinedup.com and it is soon going to be listed on mintpal.com which will increase it's reach to potential customers.
The difficulty already increased in the past day from 0.028 to 0.036, that is more than 25 %. People are starting to mine it, coupled with the all time low, we might certainly see a sudden increase somewhere in the next week.
There are a lot of fans of QQcoin in China, I can tell you for sure, just waiting to invest in this coin as soon as they will see a little increase of 2x or 3x in the value of the coin, thus bringing it's value to maybe 10x.
The higher the N-factor will get on this coin, the harder will be to mine and it will require more memory thus making it unfeasible for developing ASICS for such a coin.
The N-factor schedule and memory required for this coin is:
N-factor 12 at 1396157924 is 03/30/2014 5:38am GMT. 1024 Kb
N-factor 13 at 1400352228 is 05/17/2014 6:43pm GMT. 2048 Kb
N-factor 14 at 1404546532 is 07/05/2014 7:48am GMT. 4096 Kb
N-factor 15 at 1421323748 is 01/15/2015 12:09pm GMT. 8192 Kb
Total amount of coins for this one is 30 million. That is very little compared to billions for other coins. This means that at the current value of BTC the total value of 30 million QQC would be 168 000 USD. You can see how severely undervalued this coin is. There is still a lot of coins to be minted and it is not at the end of it's minting like other coins.
Example 2: Yacoin
This coin had a burst of 30 % in value 2 weeks ago and I am sure that in the future it will go much higher.
Mining speed using a R9 290 card is 2.5 kh/sec only ! Just imagine that the same card will have only 1 kh/sec when the next N-factor will come (.
The N-factor schedule and memory required for this coin is:
N-factor 15 1401545632 Sat - 31 May 2014 - 14:13:52 GMT 8192 Kb
N-factor 16 1409934240 Fri - 05 Sep 2014 - 16:24:00 GMT 16384 Kb
Few other coins like this are: Velocitycoin, Ultracoin, Microcoin but I am just listing the most profitable to mine (way more profitable than scrypt coins).
This is just a hint and also an ideea for the miners regarding which direction they should go. My opinion is that we should mine as much as possible, sell some of it but not all. At least sell as much as to produce the profits you have from your scrypt mining as of now and keep the rest. The future is bright !
Good luck everyone !
