Top 100 Alt Coin Cheat Sheet

Top 100 Alt Coins described in 4 words or less
Top 100 Alt Coins described in 4 words or less

Buying alternative coins to bitcoin right now already feels like cheating.  Their financial performance is unmatched in 2017 and they are leading the pack in 2018. This handy cheat sheet that was posted by Charlie Shrem has been really handy for me to better understand, quickly at a glance some of the coins that are deeper down the list. I wouldn’t invest much money in any coin that you haven’t done some research on.  Establish not only whether they have a working protocol, Community support, activity in social media, a following, on Reddit, a GitHub with some real code, and many other parameters that would go into deciding whether or not a completely untested technology is investment grade or just gambling.  That’s even before you get into the technical analysis of the price trends. A basic understanding of cryptoeconomics and as Brad Mills would say fomoeconomics will also help you to understand what is going on with each coin and your desire to participate in the market. The top 100 is subject to change and already has from November when this was published originally by Nate Murray on newline.

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Name | Sym. | Description
—————-|——-|——————————————
Bitcoin | BTC | Digital gold
Ethereum | ETH | Programmable contracts and money
Bitcoin Cash | BCH | Bitcoin clone
Ripple | XRP | Enterprise payment settlement network
Litecoin | LTC | Faster Bitcoin
Dash | DASH | Privacy-focused Bitcoin clone
NEO | NEO | Chinese-market Ethereum
NEM | XEM | Batteries-included digital assets
Monero | XMR | Private digital cash
Ethereum Classic| ETC | Ethereum clone
IOTA | MIOTA | Internet-of-things payments
Qtum | QTUM | Ethereum contracts on Bitcoin
OmiseGO | OMG | Banking, remittance, and exchange
Zcash | ZEC | Private digital cash
BitConnect | BCC | Madoff-like investment fund
Lisk | LSK | Decentralized applications in JavaScript
Cardano | ADA | Layered currency and contracts
Tether | USDT | Price = 1 USD
Stellar Lumens | XLM | Digital IOUs
EOS | EOS | Decentralized applications on WebAssembly
Hshare | HSR | Blockchain switchboard
Waves | WAVES | Decentralized exchange and crowdfunding
Stratis | STRAT | Decentralized applications in C#
Komodo | KMD | Decentralized ICOs
Ark | ARK | Blockchain switchboard
Electroneum | ETN | Monero clone
Bytecoin | BCN | Privacy-focused cryptocurrency
Steem | STEEM | Reddit with money voting
Ardor | ARDR | Blockchain for spawning blockchains
Binance Coin | BNB | Pay Binance exchange fees
Augur | REP | Decentralized prediction market
Populous | PPT | Invoice trading futures
Decred | DCR | Bitcoin with alternative governance
TenX | PAY | Cryptocurrency credit card
MaidSafeCoin | MAID | Rent disk space
BitcoinDark | BTCD | Zcoin close
BitShares | BTS | Decentralized exchange
Golem | GNT | Rent other people’s computers
PIVX | PIVX | Inflationary Dash clone
Gas | GAS | Pay fees on Neo
TRON | TRX | In-app-purchases
Vertcoin | VTC | Bitcoin clone
MonaCoin | MONA | Japanese Dogecoin
Factom | FCT | Decentralized record keeping
Basic Attention | BAT | Decentralized ad network
SALT | SALT | Cryptocurrency-backed loans
Kyber Network | KNC | Decentralized exchange
Dogecoin | DOGE | Serious meme bitcoin clone
DigixDAO | DGD | Organisation manages tokenized gold
Veritaseum | VERI | Vaporware
Walton | WTC | IoT Blockchain
SingularDTV | SNGLS | Decentralized Netflix
Bytom | BTM | Physical assets as tokens
Byteball Bytes | GBYTE | Decentralized database and currency
GameCredits | GAME | Video game currency
Metaverse ETP | ETP | Chinese Ethereum plus identity
GXShares | GXS | Decentralized Chinese Equifax
Syscoin | SYS | Decentralized marketplace
Siacoin | SC | Rent disk space
Status | SNT | Decentralized application browser
0x | ZRX | Decentralized exchange
Verge | XVG | Privacy Dogecoin
Lykke | LKK | Digital asset exchange
Civic | CVC | Identity and Authentication App
Blocknet | BLOCK | Decentralized exchange
Metal | MTL | Payments with rewards program
Iconomi | ICN | Digital asset investment funds
Aeternity | AE | Decentralized apps (prototype)
DigiByte | DGB | Faster Bitcoin
Bancor | BNT | Token Index Funds
Ripio Credit | RCN | Co-signed Cryptocurrency Loans
ATMChain | ATM | Advertising network
Gnosis | GNO | Decentralized prediction market
VeChain | VEN | Supply chain item IDs
Pura | PURA | Cryptocurrency
Particl | PART | Privacy marketplace and chat
KuCoin Shares | KCS | Profit-sharing exchange fees
Bitquence | BQX | Mint for cryptocurrency investments
FunFair | FUN | Decentralized casino
ChainLink | LINK | External data for contracts
Power Ledger | POWR | Airbnb for electricity
Nxt | NXT | Cryptocurrency and marketplace
Monaco | MCO | Cryptocurrency credit card
Cryptonex | CNX | Zerocoin clone
MCAP | MCAP | Mining investment fund
Storj | STORJ | Rent disk space
ZenCash | ZEN | Privacy-focused Bitcoin clone
Nexus | NXS | Bitcoin clone
Neblio | NEBL | Decentralized application platform
Zeusshield | ZSC | Decentralized insurance
Streamr DATAcoin| DATA | Real-time data marketplace
ZCoin | XZC | Private digital cash
NAV Coin | NAV | Bitcoin with private transactions
AdEx | ADX | Advertising exchange
Open Trading | OTN | Decentralized exchange
SmartCash | SMART | Zcoin clone with rewards
Bitdeal | BDL | Bitcoin clone
Loopring | LRC | Decentralized exchange
Edgeless | EDG | Decentralized casino
FairCoin | FAIR | Bitcoin that rewards savers

Charlie Munger Speaks about Bitcoin at University of Michigan Ross School of Business

Charlie Munger recently did a long format talk at the University of Michigan Ross School of Business. He had this to say about Bitcoin and Cryptocurrency.

“I can answer those very quickly. I think its perfectly assinine to even pause to think about them. You know it’s one thing to, to think that gold has some marvelous store of value because Man has no way of inventing more gold or getting it very easily. So it has the advantage of rarity. Believe me, Man is capable of somehow creating more Bitcoin. They tell you they’re not going to do it but they mean they’re not going to do it unless they want to. That’s what they mean when they say they’re not going to do it. If they tell you there are rules and they can’t do it, don’t believe them. When there is enough incentive, bad things will happen. Its.. bad people, crazy bubble, bad idea, luring people into the concept of easy wealth without much insider work. It’s the last thing on earth you should think about. If it worked it would be bad for you because you would try to do it again. It’s totally insane. And by the way, I’ve just laid out a wonderful life lesson for you. Give a whole lot of things a wide berth. They don’t exist. You know… crooks, crazies, egomaniacs, people full of resentment, people full of self-pity, people who feel like victims, they’re just a whole lot things that aren’t going to work for you. Figure out what they are and avoid them like the plague. And one of them is Bitcoin. And the worst thing would happen if you won because then you would do it again. It’s total insanity. It’s so easy to simplify life, from just, all of these things are beneath you. I don’t even want to know… People are promoting bitcoin, I don’t want them to know my address. They’re not my kind of people”