Coin desk article days Ripple bought the 96 million xrp for $1million. Ripple said that otherwise 'irreparable harm' would have befallen xrp.

But xrp volume daily is supposedly averaging ~a million usd.

Looking at the buy/sell on btc38 something doesn't look right. Volume of 334,000 cny but huge gaps on the buy side like there are only a few buyers and they are propping up the price rather than actually 'buying'.

Looks like Ripple is playing a shell game. Have to guess how much money they have shovelled into the furnace so far to prop up their price, but if they sold a lot at low prices and are buying them at this level, on top of their operating costs and so on... they have lost a lot of money.

Worse for them is that the crowd that might use their product, i.e., people too mainstream for bitcoin, are not likely to find appeal in Ripple. A coin nobody is likely to use, with huge volume and millions of dollars to burn. Why not call it Wastecoin or Garbagecoin? Ticker symbol should be WTF. Convert all xrp to wtf.

Mazacoin will do a lot better than bitcoin.

A lot of people want the MZC devs to give constant reports and talk more but quiet is better sometime.

Burst kind of seems like a good idea. I bought a small amount recently.
Cryptonite seems to have some good ideas, including the mini chain. A few things concern me about it though despite the low price.
   
The basic problem is that an ipo/ico etc shows the coin needs marketing to get off the ground, and worse, it usually does indicate a coin that will not last. Most ipo/ico coins are pumped up and then collapse.

As for "it costs a lot of money...", if a person really has a good idea it doesn't cost a lot of money to start. A bad idea is expensive to promote, a good idea usually is not. We can argue any point but that is a pretty basic fact.


True, any person can create an unmoderated thread for any coin. Any person can run for president too or apply for a job as an astronaut. In practical terms if a dev chooses to use a moderated thread then that is pretty much the thread for the coin. And generally, in my opinion, a competent dev does not make that choice.

There is always a justification people can find for bad choices like limiting comments. "We need to keep out the trolls" or whatever. The first step in limiting any kind of free speech is the step to avoid.
 

Brilliant ideas. No success with getting any websites on board, neither with giveaways, so my project is suspended until I am in a place with more resources. Doubloons is grossly undervalued but its day will come.

Some comments about MZC.

It is the only premined coin I support, even with all the sloppiness.

It is the only moderated thread coin I support. A non moderated thread was just started then dropped.

It is the only coin that seems to have the potential to rival bitcoin. A very risky bet, but if it gets widely adopted it could be a major currency for a lot of people. Please publicly sort out the premine stuff, let the buffalo chips fall where they may. And Payu please don't contaminate anything by yielding to pressure to discuss casinos. Casinos have ruined a lot of lives and can just as quickly ruin a coin. In 2 years Mazacoin will either be at several dollars a coin or at zero. A smart gamble.

Moderated threads are an indication of how the devs handle problems. It bodes poorly for a coin.

Two Monero shills deleted their posts.

Your profile tag hypes Monero and it sure does sound like you were suggesting it.

Monero is garbage and the people pumping it are crooked.

Looking for undervalued coins. Monero is grossly overvalued. Hype and huck might take it a little higher but there are so many warning signs around Monero it is basically toxic.

Well said.


I did not own any of the coins ranked at the top when I posted them here, and if anyone recommends a coin I own and rank high I will list it seperately.

------------------------------------------

Your top pick.
No ico/premine/investor coins.
No moderated thread coins.

All listed coins will be added to this original post. Too many to sort through. The best coin so far among those recommended is probably digitalcoin. I do not own any though and do not plan to buy any. No really great values have been found by me so far among the coins recommended.

To clarify, undervalued means it should have a fairly low market cap, relative to what it offers potentially. For a coin to have a market cap over $100,000 and still be undervalued it needs to have something amazing.

----
Coins listed in thread.
----

Probably undervalued but none of these coins really impress me as great values.

Peercoin is almost certainly undervalued relative to Bitcoin. When btc doubles ppc will probably increase many times more.  Peercoin is a solid coin and could be called undervalued, but I'm looking for unusual value. Peercoin is above average but pricey and probably not unusually undervalued, considering there are a lot of very cheap high quality coins. Peercoin could possible emerge as a major coin in the next surge.
I do own small amounts of both peercoin and bitcoin.

Pesetacoin has a very small premine so it squeaks into the no premine section. Market cap $20,000 and more than 200 pages of comments on the Spanish language side. I do not own any but will probably buy a small amount. note: One poster on this thread claims Pesetacoin has malware in the wallet. Probably not true but research it.

Magi XMG looks like a nice coin. Market cap $22,000. I do not own any and will research more.

Digitalcoin doesn't seem extremely undervalued at $100,000 but it has a good history and seems to have at least a more certain future than most coins. The devtome link posted below by the Digitalcoin person is great. I do not own any and probably won't buy because even though it is a good coin, I am looking for something extraordinarily undervalued.

-----------

Probably better to pass on these

Burst, at $288,000 is not cheap. Does offer an interesting innovation. I do own a very small amount of burst.

Paycon is probably not overvalued at $5,000 but it is premined and may not be undervalued either. Kind of a step lower than dobbscoin which is at only $1,500. I do not own any paycoin. I may buy a small amount.

Cryptonite XCN may be cheap at $10,000 but has some red flags. Be cautious. I do own some cryptonite but will not buy more.

Franko, XBS etc. Both look quite good on the surface but both devs seem to have their fingers in a lot of pies. Might not be a bad thing but not for me.

Myriadcoin, $57,000.  I do not own any.

Node is moderated at $235,000. I do not own any.

NXT coin is not undervalued at $10,000,000. I do not own any.

Applebyte ABY seems to have a massive premine but it has a sort of original idea in a way. Market cap $62,000. I do not own any.

ASN moderated premine.

Stealthcoin is moderated with a 1% premine and a $121,000 market cap. I do not own any.

Shadowcash $600,000 and moderated thread. I might own a small amount, not really sure, will not buy more.

Blackcoin $1,000,000 and moderated thread. I do not own any.

Whitecoin $100,000 and moderated thread. I do not own any.

Horizon is a $140,000 NXT descendant on a moderated thread. I do not own any.

Syscoin is overtraded as is mentioned by the poster, also moderated and premined. $147,000. I do not own any.

-------------------------

Garbage Dump / Scam Bin

SMAC was mostly dumped on investors. Even at $8,000 it doesn't look undervalued. I do not own any.

Navajo coin looks like an attempt by owners of a failing coin to recoup their investment. Aside from being moderated, at $429,000 it is not undervalued. I do not own any.

Neoscoin seems to have been first launched in an ipo on a moderated thread then relaunched under a clean thread to hide the stains. Market cap $23,000. I do not own any.

Dashcoin, mcn, xdn, qcn, etc. Enough doubt exists about cryptonote that it should not be recommended. I do own small amounts of several cn coins, and will not buy more.

Monero. Certainly not undervalued, lol. Built on clever hype. Note: shortly after posting this there are less than 100 views but already 7 posts suggesting Monero. Avoid Monero. Market cap $5,100,000. I do own a small amount of monero and will sell it when I find the wallet.

    @Make sure you post a DBL address@

Doubloons are being resomethinged.

Original launch thread here https://bitcointalk.org/index.php?topic=206361.0

Details here later.

Moved the website to http://doubloons.info/

Any links of any kind that are posted here, explorers, other Doubloons sites, etc, will be added.

No premine. Check.
No scumbaggery. Check.
No moderated thread. Check.
Still using the original thread. Check.

When the Wall Street Journal runs the headline "Doubloons to Replace U.S. Dollar as International Trade Currency" then the original poster will probably dry out for a few days and update this thread.

Just to make sure, I've been stung a few times by crooked coins, is there any substantial crookedness in Doubloons history?

The announcement was May 15 xx:23 pm.
The first block seems to have had 6.77 dbl and was mined May 15 at xx:09 pm.
About 30 blocks were mined, 200 dbl or so, then a couple minute gap when I guess Shakezula posted?
So there seems to be
1) no premine, just some blocks mined to get it started at launch
2) no special rewards for early miners, an even payout through today, extremely unusual in early coins.

I'm going to make a page on the site detailing any negatives I can find about doubloons, since that is the first thing a person should look for. So far all of the negatives are trivial and boil down to slackiness. Unupdated wallets, etc. Is there some major negative aside from that?

The explorer is at doubloons.net, that is why I though someone here must own it.

I'll try to figure out the fridaynightunix link you posted and contact him there soon.

I am not someone you want in charge of something like a faucet. I'm lucky if I can plug in a toaster without getting an error code. I do know how to make a basic website though and I'll put a doubloons theme on a website just so there is something with up to date info. If the owner of doubloons.net makes a website too all the better. No monopoly.

-

added: I have a few undeveloped exchange name type domains, so I will make allcoinexchange.com a doubloons site.
It's online but the nameservers are still propagating. All suggestions welcome.

I have no idea how to use freenode or irc. The keypad on my tablet pc does not pop up there and I don't see a place to type.

A lot of improvements in this coin in the last few weeks. It definitely needs to be beginner friendly.

9999.999 sent to the faucet.

When doubloons hit $1 = 1 doubloon I'll send the final 0.001.

Was there ever a website? I could register a domain but whoever has doubloons.net has a pretty good domain for the coin.

Maybe a simple landing page with specs, a cryptocurrency explanation and a link to the faucet.

It should be easy to get a little activity with this coin.

A suggestion for the faucet. Since crypto is supposed to be about fair play, among other things, maybe let people in certain categories get a little extra. For example if someone self certifies that they are an extreme charity case, or are from a country with a bare bones economy, let them get a few times more dbl from the faucet as an investment. It will give a little ethics to the coin. And if big holders of doubloons are generous the coin might at least get a fair reputation, something most coins lack.

Now 50,000 for sale in the 40s. Is there some problem with this coin?

Dogecoin was cleverly stealth marketed and made to favor early investors.

Doubloons seems to be fair.

I'm not going to pump it or anything but Doubloons has the possibility of developing a natural organic following of the kind that Dogecoin manufactured artificially. It would be nice to have a faucet so a person can refer others to a place where they can get a start. Does someone here know how to make a faucet?

add: Looking through the thread I see Petr1fied made a faucet in July but that one also seems down. I'll buy the 20,000 at 0.0004340 on Cryptsy and if someone makes a faucet I'll kick in half of that to start it and maybe also try to popularize doubloons a little online. No pumping bullshit, just exposure. I know zero about technical stuff and am not a miner so that's about the limit of what I can offer.

20,000 bought. 10,000 to the first working faucet made by someone who has already posted on this thread or has been on this website at least a few months.