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You have to try to evaluate the strength of the team behind the coin.
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It's at this point I see a lot of tech bubble methodology being employed. In a few reports, people talked about looking at the coin's website, logo, and name. Really? Is that all it takes to drive prices up? Oh, and setting up a couple billboards too <img src="/community/imgs/emoticons/em-smile2.png" class="smilie" loading="lazy" alt=":)" title="Smile :)" data-shortname=":)" /> I mean, Mooncoin is running directly on WordPress severs; they didn't even make their own URL.<br />
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If there was a quantitative way to see underpricing and decent security of principal (like in stocks, current assets - total liabilities > market cap), I'd be all over it.<br />
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<blockquote data-attributes="member: 1497" data-quote="JayKim" data-source="post: 327803"
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Yes Id get blakecoin and datacoin.
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So it looks like I need accounts and openex.pw and coinex.pw to get me another 20 cointypes. Most of these don't even have a market cap on most of the sites (though I guess if you could have out the current number of coins somewhere, you could impute one onto them). I noticed that several coins on Cryptsy use to be on CoinMarketCap, but now aren't listed anywhere.<br />
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<blockquote data-attributes="member: 17801" data-quote="exige" data-source="post: 327815"
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So for all the complaints about Cryptsy floating around, I just withdrew some Bitcoin to use on namecheap, and it was nearly instant. Knock on wood but I have yet to experience any problems. I am using the Multibit client and it is really nice, saves from having to download the whole blockchain. I wonder what else i can buy with bitcoin.... once you start using it for its intended purpose, as a currency, it really is pretty convenient and low hassle.
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Honestly, Cryptsy seems pretty solid to me. I think any issues are people trying to move some of the lesser alts into the site. Really, I'm amazed they don't just break down since managing flows between 100+ wallets seems insane to me.</div>
