Post
Topic
Board Altcoin Discussion
Re: whats the best alt coin to invest in 2015
by
m0gliE
on 21/01/2015, 15:40:56 UTC
Coingecko has been doing a good job at providing ALOT of information related to alternate cryptocurrencies. It seems like the handful of other sites that are similar, like coinwarz and coinmarketcap, just haven't put in the effort to support everyone's interest. Mind you, they have provided valuable information for both miners and investors. Bias choices have easily been made based on this information.

While miners have constantly used these sites precisely looking for the current most profitable coin to dump on an exchange, investors look to support a coin by increasing it's market cap in order to gain more attention and ranks which will later increase only their profits until they cash in. If the miners aren't dumping their new alts on an exchange to turn out a wee-bit of profits, then they are simply an enthusiast who is collecting with high hopes of someday cashing in for even bigger profits at the expense of others.

I think the mentality needs to change when thinking about alts, particularly when it comes to usability, functionality and overall sustainability. Most importantly, one should ensure the coin they look to support doesn't have a group of anonymous developers who are only interested in counterfeiting coins for a short time and who have nothing else better to do with their lives and their time.

Now I'll mention Fastcoin, because it works, it's stable, it's been around almost two years and has been able to withstand multiple attempts of attack all while holding it's own weight. It hasn't needed huge publicity, nor has it needed a bootstrapped, high flutin' flashy website that appeals to those looking for eye candy. It's just a super fast coin with a good re-targeting algorithm and true to it's name.

https://www.coingecko.com/en/coins/fastcoin



I am listed under the 'Altcoin Team Leads' on coingecko's top cryptocurrency people you should absolutely follow on Twitter.

https://twitter.com/JonMarshallz