Bitcoin Forum

Other => Beginners & Help => Topic started by: Fife on April 23, 2013, 01:09:03 AM



Title: Favorite Alt Coin and Why?
Post by: Fife on April 23, 2013, 01:09:03 AM
Just curious incase anyone on here, is here for something other than Bitcoin.

I'm trying to avoid Litecoin since I know the difficulty is going way up due to the amount of ASIC's in existence so I've been mining Feathercoin for about 24hours and since the difficulty of that just doubled, I'm getting about 60 a day.

When I get my own rig built I plan on mining Litecoin, or incase the difficulty is to high maybe PPC it has a pretty interesting model behind it in the long term.


Title: Re: Favorite Alt Coin and Why?
Post by: CryptoCurrencyMiners on April 23, 2013, 01:09:56 AM
If you're serious about getting a return on investment, Litecoin is the way to go.


Title: Re: Favorite Alt Coin and Why?
Post by: Neried on April 23, 2013, 01:11:44 AM
Do you mean from a mining standpoint or from a growth potential standpoint?


Title: Re: Favorite Alt Coin and Why?
Post by: greenie214 on April 23, 2013, 01:12:47 AM
I suppose that i use namecoin a bit but that's only because i get it along with my main mining of bitcoins


Title: Re: Favorite Alt Coin and Why?
Post by: Fife on April 23, 2013, 01:13:36 AM
Either or works.

I personally view all the alt coins from a mining point of view, I don't understand there use other than competition to BTC otherwise.


Title: Re: Favorite Alt Coin and Why?
Post by: lewicki on April 23, 2013, 01:17:50 AM
I'm conflicted, two years ago i saw bitcoin, tried solo mining for a few days, didn't get anything, then proceeded to give up. fast forward to present and I'm kicking myself that I didn't jump in sooner. Now for some reason, I'm looking at these alternative currencies with the same apprehension that I had given bitcoin. Am I making the same mistake again? I don't know. With bitcoin already in place the only reason that I see litecoin etc. around for is so people who missed out on bitcoin can get in early on something else. Damn things are worth 2-5$ atm. Shoulda woulda coulda?

As a side note, does the fact that there are so many virtual currencies diminish what bitcoin is trying to do? At the rate we are going everyone is going to have their own currency... Hey, i'll trade you 1 of my lewicki's for 2 of your Fife's.


Title: Re: Favorite Alt Coin and Why?
Post by: bitcoinnewscan on April 23, 2013, 01:27:31 AM
I too am torn. Trying to spread it all around. I am placing bets on Bitcoins. More exposure.


Title: Re: Favorite Alt Coin and Why?
Post by: tigerbay on April 23, 2013, 01:35:03 AM
FC, just sounds nice, a lot out their and people are buying. Could become the alt to LTC.


Title: Re: Favorite Alt Coin and Why?
Post by: GameKyuubi on April 23, 2013, 02:21:33 AM
PPC.  Long-term this is a great idea.  Other than that, I think faster confirms are great, so LTC.


Title: Re: Favorite Alt Coin and Why?
Post by: fotooo on April 23, 2013, 02:27:56 AM
www.zgth.com.cn


Title: Re: Favorite Alt Coin and Why?
Post by: fotooo on April 23, 2013, 02:30:31 AM
O ha


Title: Re: Favorite Alt Coin and Why?
Post by: tysat on April 23, 2013, 02:31:20 AM
I'm trying to avoid Litecoin since I know the difficulty is going way up due to the amount of ASIC's in existence so I've been mining Feathercoin for about 24hours and since the difficulty of that just doubled, I'm getting about 60 a day.

AFAIK there are no ASICs for LTC because of scrypt, it's more about memory and just straight calculations.


Title: Re: Favorite Alt Coin and Why?
Post by: binaryFate on April 23, 2013, 02:35:11 AM
Most of the people in this thread clearly have an interst in their reasoning.
I'm not going to do the same.  >:(


Title: Re: Favorite Alt Coin and Why?
Post by: tantk on April 23, 2013, 02:47:23 AM
litecoin, trollbox says that mtgox adding them


Title: Re: Favorite Alt Coin and Why?
Post by: compota334 on April 23, 2013, 03:19:55 AM
because anyone can create a new currency there is the risk that the market will get saturated, but I guess as happened with coke and pepsi or mac and microsoft, there is always space for more than one big fish. I would try to particeipete in the next 2 o 3 new currencys, starting with litecoin.


Title: Re: Favorite Alt Coin and Why?
Post by: Kennji on April 23, 2013, 03:34:58 AM
I am gonna start mining LTC


Title: Re: Favorite Alt Coin and Why?
Post by: tbone on April 23, 2013, 03:58:43 AM
There is something about feathercoin that feels good. Maybe its the potential?


Title: Re: Favorite Alt Coin and Why?
Post by: namdrazil on April 23, 2013, 04:15:14 AM
LTC because i like scrypt mining and its worth more than feathercoin


Title: Re: Favorite Alt Coin and Why?
Post by: master-P on April 23, 2013, 04:17:17 AM
Although I don't have any yet, I think the most viable alt-coin so far is litecoin. It's the only one besides BTC that you can use to purchase goods right now.


Title: Re: Favorite Alt Coin and Why?
Post by: rkirkman on April 23, 2013, 04:17:50 AM
I find the hardest part is getting real money into these exchanges to purchase the alt currency


Title: Re: Favorite Alt Coin and Why?
Post by: thefendall on April 23, 2013, 05:02:21 AM
I'm btc and ltc for now but am not sure which one is realistically the next viable option to hold for long term.


Title: Re: Favorite Alt Coin and Why?
Post by: khimaira on April 23, 2013, 05:10:00 AM
I'm LTC and FC atm, really like FC's - Kinda worried about LTCs with the difficulty going up as much as it has recently


Title: Re: Favorite Alt Coin and Why?
Post by: 3nrg on April 23, 2013, 05:41:17 AM
In Canada there is something called Mintchip.  Started in 09 with the idea of a platform for digital transactions.  There is ongoing contests asking the public to provide ideas, apps, etc.  rewarding those who participate with gold bullions. 


Title: Re: Favorite Alt Coin and Why?
Post by: Quartx on April 23, 2013, 07:30:35 AM
I use to do btc for awhile, then ltc, now im going to fc just for fun, im using my laptop to mine stuff, its darn slow haha


Title: Re: Favorite Alt Coin and Why?
Post by: Pathosverdes3 on April 23, 2013, 07:35:10 AM
I converted most of my bitcoins into litecoins just before the big spike, now mining feathercoin but not getting much. I've seen people having 100k FC already. I only have 30.


Title: Re: Favorite Alt Coin and Why?
Post by: toy4lov3rs on April 23, 2013, 07:36:50 AM
In Canada there is something called Mintchip.  Started in 09 with the idea of a platform for digital transactions.  There is ongoing contests asking the public to provide ideas, apps, etc.  rewarding those who participate with gold bullions. 

My only suggestion is: make it decentralized.


Title: Re: Favorite Alt Coin and Why?
Post by: Jacinth on April 23, 2013, 07:39:08 AM
I like Litecoin because it is #2.


Title: Re: Favorite Alt Coin and Why?
Post by: theblazehen on April 23, 2013, 08:12:56 AM
Novacoin because it is proof of stake and scrypt


Title: Re: Favorite Alt Coin and Why?
Post by: zombariah on April 23, 2013, 08:16:43 AM
I'm looking into LTC.


Title: Re: Favorite Alt Coin and Why?
Post by: chances on April 23, 2013, 08:22:01 AM
Litecoins and Feathercoins for sure!
Everything hinges on BTC tho.


Title: Re: Favorite Alt Coin and Why?
Post by: Jason101 on April 23, 2013, 08:50:03 AM
Novacoin because it is proof of stake and scrypt

can someone explain proof of stake to me???


Title: Re: Favorite Alt Coin and Why?
Post by: Xialla on April 23, 2013, 08:51:32 AM
LTC fan.)


Title: Re: Favorite Alt Coin and Why?
Post by: toy4lov3rs on April 23, 2013, 09:18:47 AM
I preffer Bitcoin, but LTC has some chance to be useable in future


Title: Re: Favorite Alt Coin and Why?
Post by: tahar on April 23, 2013, 09:40:33 AM
I use to do btc for awhile, then ltc, now im going to fc just for fun, im using my laptop to mine stuff, its darn slow haha

I would not recommend mining with a laptop. 100% CPU usage will kill it quite shortly