Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP.
by
TPTB_need_war
on 06/07/2015, 23:22:42 UTC
The coin needs to be the first legitimate instance of its kind, had a fair start/emission, and a market niche
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Litecoin FAIL (not the first of its kind)
Peercoin FAIL (no market niche)
Bytecoin FAIL (not fair start)
Boolberry FAIL (not the first of its kind)
Ethereum FAIL (questionable start)
All shitcoins FAIL (2-3 counts)

Only BTC and XMR fulfill all conditions, so it makes sense to invest into them (and them alone). To be fully hedged, you can keep 99.8% in BTC and set 0.2% aside in XMR. Going over this ratio, is overinvesting in XMR.

It is not hard to come with these understandings after a generous overview of the top 50 altcoins, reason why I'm as uninpressed with LTC market as with its innovative features (none).

+1 on rpietila's logic.

I would only add it needs a reasonable shot of attaining critical mass, so the niche needs to be evaluated for that probability.

I am thinking Trapqoin has a potentially large market  Tongue

I'm thinking about maybe making Trapqoin by Shetty One Eye.