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michaelwang33
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July 26, 2014, 05:45:45 AM |
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none
no coin is a good investment except btc, the 2% or whatever from pos is worthless compared with the potential of btc to go up in price
alts are pump and dump speculation not long term investment
+3 This is correct. Most alt coins have zero long term value. |
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lovely89
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July 26, 2014, 07:32:05 AM |
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none
no coin is a good investment except btc, the 2% or whatever from pos is worthless compared with the potential of btc to go up in price
alts are pump and dump speculation not long term investment
+3 This is correct. Most alt coins have zero long term value. What? This is extremely ignorant. There is an enormous amount of potential out there for decentralised platforms. Bitcoin is just the tip of the iceberg. |
Bitrated user: vanlovely.
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Kprawn
Legendary
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Activity: 1904
Merit: 1074
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July 26, 2014, 01:53:24 PM |
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none
no coin is a good investment except btc, the 2% or whatever from pos is worthless compared with the potential of btc to go up in price
alts are pump and dump speculation not long term investment
+3 This is correct. Most alt coins have zero long term value. I also disagree with that statement. Bitcoin will stay the de facto coin for a long time, but one of the Alt coins with better features will take it's place. There are already some very good coins out there. Ethereum  |
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boraf
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July 26, 2014, 02:08:58 PM |
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none
no coin is a good investment except btc, the 2% or whatever from pos is worthless compared with the potential of btc to go up in price
alts are pump and dump speculation not long term investment
+3 This is correct. Most alt coins have zero long term value. I also disagree with that statement. Bitcoin will stay the de facto coin for a long time, but one of the Alt coins with better features will take it's place. There are already some very good coins out there. Ethereum Lol, Ethereum is the biggest POS scam coin out there. |
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Reclaim3r (OP)
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July 27, 2014, 11:57:36 PM |
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Originally, I cashed out of CEX.io
still wondering if it's worth going back to it
CEX.io is a scam in a way that it is absolutely impossible to make a gain unless you daily trade. If you trade, that mean you take money from people that are already taking a loss. It is clearly a fool game. and bought NXT in hopes of making a small profit off of Forging.
BIG MISTAKE
So you are the kind of people that invest without knowing what they are doing ? You could just ask about the ROI of forging before investing. Now with what I have left over, I was wondering what a good PoS coin/IPO/Whatever I should invest it in.
Still a newbie to the markets and with so many coin clones floating around, it's hard to find something worthy.
Again, you're going to invest in something you don't understand ? Doing the same mistake over and over ? I think Ethereum, Maidsafe and Storj are for you if you want to lose the few money left. I must remark that I'm not a full newbie. I understand most of the concepts behind coins. I was considering buying Ethereum and despite its interesting concept, I decided to go against it. I've never heard of Maidsafe and Storj so I will look into those as well. |
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superresistant
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July 28, 2014, 07:58:24 AM |
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I must remark that I'm not a full newbie. I understand most of the concepts behind coins. I was considering buying Ethereum and despite its interesting concept, I decided to go against it.
I've never heard of Maidsafe and Storj so I will look into those as well.
I was joking about Ethereum/Maidsafe/Storj there are all scams disguised in "project that will change the world". |
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Bobsurplus
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Making money since I was in the womb! @emc2whale
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July 28, 2014, 07:59:58 AM |
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Forget PoS
You need to invest in PoSA!
Cloakcoin!
Take a look.
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Soots
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July 28, 2014, 01:33:09 PM |
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Take a look at Blackcoin
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madken7777
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July 28, 2014, 02:22:17 PM |
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I must remark that I'm not a full newbie. I understand most of the concepts behind coins. I was considering buying Ethereum and despite its interesting concept, I decided to go against it.
I've never heard of Maidsafe and Storj so I will look into those as well.
I was joking about Ethereum/Maidsafe/Storj there are all scams disguised in "project that will change the world". They did succeed in changing the price of bitcoin as they cash out. |
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Gumbork
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July 28, 2014, 02:30:52 PM |
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None of the PoS coin is good to invest. Buy BTC instead.
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manrus
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TTM
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July 28, 2014, 02:40:07 PM |
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NXT is good choice! |
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devphp
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July 28, 2014, 02:55:53 PM |
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The bulk would be in NXT as the most mature PoS crypto.
A little bit to test waters in NEM, Qora, BitShares. Those can be backup cryptos should NXT fail due to some fatal flaw. The probability of a fatal flaw is less with each passing day. The new PoS coins have yet to prove they don't have fatal flaws, that's why only investing a little in them is advised at this point, but as time goes on this can be reconsidered.
Peercoin is a) not a 100% PoS, and b) not a crypto platform (which wasn't in your question but why not choose 2.0 gen crypto?), I wouldn't consider it.
Oh, and forging is not for profit, at least not right now.
Forging could become profitable in the future, but it will take some time, forging is now mostly a way to support the network you bought a stake in.
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cgafeng
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July 28, 2014, 05:52:51 PM |
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what is pos
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bitcoinxiaoshan
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July 28, 2014, 06:07:57 PM |
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definitely BTSX, TITAN+DPOS
TITAN – The acronym TITAN stands for 'Transfer Invisibly To Any Name'
DPOS--Delegates+POS
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maqifrnswa
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July 28, 2014, 06:17:47 PM |
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what is pos
PoS = proof of stake, rather than mining by finding hard hashes, transaction fees are distributed to nodes running the code proportional to stake (i.e., number of coins). I'd suggest looking into bitshares, a PoS coin that doesn't simply assign transaction fees proportional to stake, but assign them to "delegates" elected by the stake holders. These delegates only keep a fraction for themselves and destroy the rest, which creates value for all other shareholders. Since it is a market, the fraction delegates keep to themselves will approach the cost of maintaining servers + whatever value add they do for the community (run faucets, developer time, hosting community services). Thus, it is an efficient (in energy) and robust system (from attacks) since assigning block production to delegates protects against many forms of attacks, you can read more in the DPOS white papers. Bitshares is also a flexible platform for providing services beyond just "coins." It's more of a technology base than a product in itself. The first product is a distributed exchange where users can generate their own securities to trade, the next version will be an exchange to trade contracts pegged to assets (USD, gold, BTC), a long with plans for DNS, lotteries, music/literature publication, etc. |
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Luckybit
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July 28, 2014, 07:13:37 PM |
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definitely BTSX, TITAN+DPOS
TITAN – The acronym TITAN stands for 'Transfer Invisibly To Any Name'
DPOS--Delegates+POS
I agree. Bitshares is a good investment. It's got the technology to provide massive amounts of utility. It can do polymorphic market pegged assets and has some exclusive features which no other crypto-equity platform has. Also it's actually deflationary. The longer you hold the more what you hold is worth because transaction fees get burned. It's pretty cheap right now because not a lot of people know it exists and the market pegged asset feature isn't in place yet so if you want cheap shares now might be a good time to get them. |
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arbitrage001
Legendary
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Activity: 1067
Merit: 1000
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July 28, 2014, 07:20:29 PM |
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If the risk of holding bitcoin is high, then the risk of holding alt coin is twice as much as all alt are denominated in btc.
I think the community has general agreed that most alt coins (pos, pow or pos/pow) are pump and dump.
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Reclaim3r (OP)
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July 28, 2014, 07:24:31 PM |
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definitely BTSX, TITAN+DPOS
TITAN – The acronym TITAN stands for 'Transfer Invisibly To Any Name'
DPOS--Delegates+POS
I agree. Bitshares is a good investment. It's got the technology to provide massive amounts of utility. It can do polymorphic market pegged assets and has some exclusive features which no other crypto-equity platform has. Also it's actually deflationary. The longer you hold the more what you hold is worth because transaction fees get burned. It's pretty cheap right now because not a lot of people know it exists and the market pegged asset feature isn't in place yet so if you want cheap shares now might be a good time to get them. I got a bunch a few days ago, but I'm having difficulty trying to become a delegate. Any tips on how to? I still have NXT in the back of my mind and I've started to reconsider my views on it. |
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Reclaim3r (OP)
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July 28, 2014, 07:58:21 PM |
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I must remark that I'm not a full newbie. I understand most of the concepts behind coins. I was considering buying Ethereum and despite its interesting concept, I decided to go against it.
I've never heard of Maidsafe and Storj so I will look into those as well.
I was joking about Ethereum/Maidsafe/Storj there are all scams disguised in "project that will change the world". It looked promising at first, but I took the time to run through the details and it looks like condensed bull. Thanks for pointing it out. |
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