Post
Topic
Board Altcoin Discussion
Re: How to understand the altcoin market?
by
vuduchyld
on 10/04/2016, 17:45:02 UTC
Okay, that was epic. I totally get that, but can you explain to me this?

Quote
it's important to understand how (or even if) the coin is mined, whether or not the initial distribution is/was reasonable and fair, what the mining and the emission looks like.

I don't quite get it, is this the use of blockchain explorer? How can I scout if it is in good condition?

That could be part of it, sure.  I think there are some fundamental things one might want to know, though, even before you bother to check that out.  Read about some specific situations in these threads.  They are just recent...like on the latest 2-3 pages...but they might give you ideas about further reading and things you feel like you should learn.

https://bitcointalk.org/index.php?topic=999886.0
https://bitcointalk.org/index.php?topic=1343456.0
https://bitcointalk.org/index.php?topic=1431805.0

I'm busy with work today and anyway, I'm FAR from an expert, but you should understand some of the advantages/disadvantages of how the coin works--Proof of Work, Proof of Stake, etc...and how the coin is set up to self-sustain with mining, how initial coins were distributed, etc...  When devs allocate 50% or a pre-mine to themselves, for example, that might indicate that they simply want to make money off an ICO rather than that they are planning to continue development.  They might just be marketing a concept, then cashing out. 

That's a little more editorial than I want to be.  You can and should form your own opinions on what is best in YOUR opinion. 




And this thread: https://bitcointalk.org/index.php?topic=1432761.0