Bitcoin Forum

Just that question.
I would like to know if I should go for LiteCoin or start with the new FeatherCoin.

Please let me know what you prefer and why, just to make my decision easier.

I already mine for Bitcoin but since I'm hearing a lot of other alt-coins I would like to use one of the 2 listed above.

Terracoin

Neither. 

Ok so I already am on Bitcoin and I want a second alternative just in case. Which one do you guys recommend?

Is this a serious question?

Yes, it is

Why not both??? ;)

I would go with Litecoin

ltc

LTC

Litecoin can be exchanged to bitcoin and other coins easily through exchanges
Not sure about FeatherCoin

You cant go wrong with Bitcoin  ;)

Right now feather coin is more profitable than litecoin.

Geschwindigkeitsbegrenzungencoin is pretty much the intelligent choice. Its immune to future ASIC monopoly and is making considerable inroads in the gemtrading market.

Its not beyond the imagination to see Geschwindigkeitsbegrenzungencoin as being backed by gemstone commodity prices in the future.

LTC for sure - more stable and connected with btc exchange rate.

Litecoin perhaps.

WTF, with the name of the name of that coin.

Litecoin, definitely....

Didn't feathercoin get 51'd?

It did but there are fixes in place to keep it from happening again (or at least proposed fixes).

Freicoin

Out of all altcoins, Litecoin should be the best one if you want to minimize your "risk." The rest, while they can earn more, have a bigger chance of falling before LTC. Much like LTC would likely fall before BTC.

Hmm, good to know, I'll have to check it out more then.

Basically what they're going to do is create a system (I'm not sure the technical parts) that allows them to throw up checkpoints at any time they need and the nodes would automatically use them to determine the proper branch. This is so that if someone attacked it and created a new fork, the nodes (and therefore pools and such) would automatically divert themselves instead of having to ward off the attacks.

I suppose it's too early to determine if they've adopted the fixes yet because I'm also seriously considering between LTC and FTC (although I mine LTC Currently, I'm looking at this from a day trading point of view)

I perfer Freicoin

Litecoin is the only other coin worth looking at. Bitcoin is superior, then litecoin is something that will probably become something very usuable but slightly less popular than bitcoin. Any others are a waste of time.

Feathercoin has a greater increasing potential than Litecoin and basically has the same functionality.
But Namecoin is much undervalued and is the best investment.

Why on Dustcoin does Terracoin go up and down so much?

Is it all Pump and dump ?

Only BTC and LTC were, are, and will (eventually) be worth  something

Why is LTC better than the rest?

Because it's not a crapcoin?
Because it's older?

just bitcoin

More profitable to mine and them convert to bit coin, instead of mining bitcoin Itself?

FTC is a scam

How is Namecoin undervalued? This is a merged-mining coin so I don't see it going very far as it doesn't really stand on its own feet.

I trust btc only.

Litecoin of course. Feathercoin it's too slow...

Are you just spamming? How is being 4x as fast somehow "slower?"

why not both?

Litecoin is better.

History shows that there is usually one clear winner with 1-2 secondary players taking < 20% of the market.
My bet is that BTC, LTC and another (zero if it's successful) will be the top three. My current mining strategy is BTC 2/3 LTC 1/3 but that will probably be BTC 1/3 LTC 2/3 in the coming months as difficulty increases.

Obviously sites like coinchoose allow you to find out the most profitable at the moment but they ignore the LTV of the currency. Similarly do all profitability calculations for ASIC's etc - if coins increase in value c.f. fiat by an order of magnitude like a lot of people suggest, then pretty much everything will be profitable.

I tend to think with the coming LTC announcements there will be a rise in the currencies value.

Feathercoin is pretty much dead, the profitability is an artifact of the 51% attack it underwent. 

My prediction (and I seem this somewhere in these forums) is that:

Bitcoin: Will be used to make major purchases like homes, cars, large and highly valued goods.
Litecoin: Will be used for more common everyday transactions, and also for more expensive goods.
Feathercoin (or other alt): mostly used for every day transactions, small purchases online, etc.

Because people are used to the idea of a "whole" currency. Imagine selling something for 0.00035 BTC. Yes, I am aware of the microcoins as being lower denominations, but people (and I will say this as a miner myself) tend to enjoy mining/spending (for example) 2 LTC per day as opposed to 0.000002 BTC per day.

Anyway, I think I've said too much haha

Terracoin's difficulty adjusts every minute - so that makes it go crazy on sites like Dustcoin (that don't average it out).

How does mining on these alt coins compared to the profits with BTC?
My Nvidia rig just stopped being profitable with yesterday's difficulty increase and I'm looking for an alternative it.

It all depends, really. You could spend days mining altcoins when they're profitable and then they crash in value when you're ready to sell, or could be the opposite.

Litecoin

He's right the real market now is bitcoin and a bit of litecoin.

Why not both

Litecoin is bitcoins baby brother, feathercoin isn't a major coin.

Feathercoin has a bigger community backing than LTC does, despite not being as widespread right now. It has potential for sure.

Litecoin of course.

+1
Litecoin has been managed well from day 1, and it's the king of scrypt. Feathercoin is just another copycat with nothing innovative.

Freicoin is only worth holding if you're a miner about to sell it. They decay over time so the only way it gains value is from more people joining in. 80% of new coins go towards a central foundation, a feature they added at the last minute before launch.

Feathercoin has sooo much potential and its x4 underpriced right now.

Litecoin has more users and is more likely to be a stable investment.

Stay away from alt coins. Keep BTC