Best PoS coin to invest in?

[cynicSOB]

longterm, none because POS is flawed
short-term, buy all of the newest shinning shit, who knows which will be better. Once on a while, one takes off for a few days and pays for all the others that died. Just sell before everyone realizes it's shit

[Lauda]

longterm, none because POS is flawed
short-term, buy all of the newest shinning shit, who knows which will be better. Once on a while, one takes off for a few days and pays for all the others that died. Just sell before everyone realizes it's shit

Well you're right about POS being flawed. It's bad.
So what you're trying to suggest is buy up most coins, and dump it when the price goes up so that someone else gets burned?

[brekyrself]

longterm, none because POS is flawed
short-term, buy all of the newest shinning shit, who knows which will be better. Once on a while, one takes off for a few days and pays for all the others that died. Just sell before everyone realizes it's shit

PoS is a work in progress and not exactly what I'd call flawed.  PoS, PoW, etc... all have tradeoff's and its about deciding which is the best option for a given function.  Were getting past the point of just "coins" where there are vastly more functions such as a built in marketplace.  In some of these situations, PoS makes more sense compared with PoW.

Check out BitShares DPoS for an example of an internal bank and exchange.  They are using their version of PoS and having great success with 10 second block times with great security.

[twospirit]

Qora of course

[cynicSOB]

So what you're trying to suggest is buy up most coins, and dump it when the price goes up so that someone else gets burned?

basically yes

deep down I believe that any acitvity that results in profit without generating actual value (goods or services) should not exist and is unethical, but that's utopical.

it's free market, you will get burned many times, and you don't know if you are burning someone else or not, maybe price goes even higher and your actions didn't directly burn anyone. If you dump, the buyer knew his risks. If you are assuming the risks, it's ok to make money from it (or so goes capitalism). Go free trade! go libertarianism! go liberalism! we have the liberty and freedom to burn each other while richs get richer! yay!

buy many POS IPOs, you'll loose in some, win in others, and develop a sense of smell of what to buy and when to sell

[Justine]

So what you're trying to suggest is buy up most coins, and dump it when the price goes up so that someone else gets burned?

basically yes

deep down I believe that any acitvity that results in profit without generating actual value (goods or services) should not exist and is unethical, but that's utopical.

it's free market, you will get burned many times, and you don't know if you are burning someone else or not, maybe price goes even higher and your actions didn't directly burn anyone. If you dump, the buyer knew his risks. If you are assuming the risks, it's ok to make money from it (or so goes capitalism). Go free trade! go libertarianism! go liberalism! we have the liberty and freedom to burn each other while richs get richer! yay!

buy many POS IPOs, you'll loose in some, win in others, and develop a sense of smell of what to buy and when to sell

Bitcoin started without any actual value. You can still argue it has no value today.

Free market itself works in a mysterious way which I doubt any of us mortal truly understand.