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/biz/ - Business & Finance


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2642815 No.2642815 [Reply] [Original]

ITT: Share good low sat coins you think are good investments.
ReddCoin, trading at 66 sats, a coin marketed for social media. Not a long term hold, will pump in near future.
Verge, 120 sats, has potential to mature into something valuable, I don't expect a pump in the near future.

>> No.2642843

dogecoin
going to be pumped to 500 satoshis soon
soursces

>> No.2642911

I expect another 900-1000% on Myriad this year and then we'll see how it keeps on going after that.

Some of Verge's code is based on Myriad. Of all the shilled shitcoins on /biz/, Myriad is actually still the cheapest.

As to why it'll go up, here's some reasons:

1. It's fair. Source: https://chainz.cryptoid.info/xmy/#@inflation

It's not the gold standard you see with BTC, LTC, VTC... But there's only a handful of coins better. Haven't seen a single shitcoin shilled on /biz/ that was half as decent as this. This has a long-term impact on the price and stability of the coin. Coins with a steep inflation curve might have higher market caps in the short term, but they're more prone to crashing.

Myriad is also different from Verge and DigiByte in that it was actually launched multi-algo, meaning that it could be ASIC, GPU, or CPU mined by anyone since day 1.

2. The multi-algo design is powerful shit. Source: http://myriad.nutty.one/ stats page

Given how high scrypt hash rate is, if an attacker wanted to perform 51% attack, using Scrypt ASICs would only be viable for one of the top Chinese pools. As that effectively rules out 20% of blocks, attacker would need a bit over 63% of the hash in the other 4 PoWs, spread across sha256 ASICs, GPUs, and CPUs. They would need at least a few hundred sha256 ASICs, a few hundred GPUs, and 500 CPUs. Given the current block rewards are worth about 1100USD/day, you can't find another PoW coin getting as good bang for buck with its security. Vertcoin is paying about 3x as much for theirs. Plus, multi-algo gives us a convenient mechanism to safely hardfork to other PoWs.

In summary... Myriad... cheapest shitcoin on /biz/, secure, good distribution.

>> No.2642924

Coupcoin

>> No.2642928

START shitcoin is due for a massive 10x pump, buy in at 2k, set sell orders at 20k, it will eventually come. look at the charts for proof

>> No.2642951

>>2642815
>yay 1 sat coin gonna hit the moon
>wallet permamently disabled

>> No.2642960

>>2642911
Another point about Myriad's distribution is that it has been one of the highest volume coins on EUR exchange litebit.eu for about 1 year, since it had a market cap of barely over 100k USD.

In the last couple of months it's also had high volume on 2 CNY exchanges.

>> No.2643046
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2643046

>>2642815

>> No.2643161

>>2642960
>>2642911
http://myriadcoin.org/en/home
good choices

>> No.2643225
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2643225

NEM. Big partnerships just announced, Catapult update poised to launch price to the moon this summer. Also probably at the lowest price point right now.