Quote from: Maged on June 01, 2013, 06:41:22 PM

I recently saw a discussion where this was asked and apparently nobody knew the answer:

Quote from: Hazard on June 01, 2013, 05:54:06 AM

Quote from: Simran on June 01, 2013, 05:53:08 AM

Quote from: Hazard on June 01, 2013, 05:52:32 AM

What about these altcoins makes them worthy of investment? Please, enlighten me. I can crank out several per day.

To start with, how appropriate their title is.

I'm asking about inherent value. Vaginacoin is about as inherently valuable as every other release on this forum.

Well, after much observation, let me tell you what the answer is. For at least the first year, the most valuable feature of any altcoin is its development team. Most especially, the altcoin's lead developer. This is the only reason why Litecoin is succeeding where other altcoins have failed. Some people think that what you really need is good marketing, but they fail to see that good marketing comes naturally from a strong dev team.

I'd be interested to see what everyone's thoughts on this are.

Not true, Litecoin development team is very weak, mostly a copy pasta team (syncing Bitcoin changes to Litecoin), not a real development team, and also not as active as PPC development. Yet PPC is far less valuable than LTC. LTC is valuable because there are actually services for it, TPB accepts it, tons of traders on this forum accepts it, and there's ltcglobal (which means if you want to buy shares in BTCT.CO, you MUST buy LTC), and then there's atlantis.