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Don't consider as investment advice, just my own thoughts: 1st of all, investing in crypto is 100% speculation, 0% investing. I still do it though just for fun
by thiagooffm 9y ago
Don't consider as investment advice, just my own thoughts:
1st of all, investing in crypto is 100% speculation, 0% investing. I still do it though just for fun, for now, it has been working but all could be 0 tomorrow.
Coins to watch for:
NEO coin: it's the chinese ethereum, there's some talks in ICOs getting regulated there and its looked upon on being the "regulated ICO coin" sometime soon, speculation, but definitely performing well.
Bitcoin: just invest in the most stable one, why not?
Ethereum: smart contracts, the most stable also. Much better than bitcoin, just not as popular.
Monero: bitcoin, but fully anonymised. It's not so hard to trace bitcoin tx, but monero makes it sort of impossible.
Ripple: wants to kill SWIFT and partner up with a lot of banks, basically the "playing in the side of the banks" coin
Also, do your own research. Don't trust anyone. Avoid small coins if you aren't the person doing the pump and dump.
The only thing I would invest in is the IDEA. Blockchain is there to replace tons of industries, we just don't know yet how much time it's going to take, or who'll be the winner. It's very likely that the winner doesn't even exist.
- sp527 9y ago> Blockchain is there to replace tons of industries Can you elaborate at all on what industries and how blockchain will supplant them? There's far too much handwaving in the mire of crypto-utopianism.
- infinii 9y agoAny model that involves counterparty risk can be disrupted by the blockchain. Custodians who hold on to stocks while trades are properly settled or the hold on that cheque you deposited in your bank account.
- h1d 9y agoBitcoin will always be there as the proof that blockchain model works. It will stay simple for the sake of stability. Calling Ethereum better is like saying JavaScript is better than HTML.
- solomatov 9y agoAFAIU, Ethereum can do everything that Bitcoin can. In this sense, Ethereum is strictly better than Bitcoin. Am I wrong?
- infinii 9y agoIt does more than Bitcoin because it allows the founders to rollback transactions from the ledger if they feel like it. Sorry, a bit trollish but am I wrong? In theory Ethereum does promise a lot but in practice, we're yet to see much in terms of useful smart contracts. And as we can see from the DAO debacle, they've broken their claims of "Ethereum is a decentralized platform for applications that run exactly as programmed without any chance of fraud, censorship or third-party interference."