Bitcoin Forum

In the ever growing market and new industry of Crypto Coins it's getting harder and harder to find new coins which one can mine just-in-time or buy Cryptos which have been recently listed on various exchanges before they pop.

I've seen people recently complaining that they didn't have enough notice to mine alt-coins like Androids while others had heard about it and mined it for weeks and made a killing when it was just listed on Cryptsy.

There is obviously a communication breakdown and that will continue to worsen as this market gets larger and many more participants enter. 

I suggest we all list coins we like in one thread, such as this one, where we can learn from each other and stay on top of the latest developments.

Another important issue with Cryptos is to discuss the investment side of it.  Which coins do you like as a long term buy and hold as opposed to a quick flip, or the classic Pump and Dump?

Share any insider tips you may be hearing regarding an upcoming launch or pump and let's help each other find, mine and invest in the best coins while there is still time before we get flooded with millions of noobs (such as myself, lol) at which point it will become infinitely more complex to get in on a Crypto just-in-time.

So let's stay ahead of the curve by helping each other out!


Good luck to everyone!

+1

3 months in the making, Open Source Coin

https://bitcointalk.org/index.php?topic=268705.0

Sweet coin man.  I can't wait to trade it on an exchange.  Looks like you and Shakezula did a great job. 

I got kicked off Cryptsy so instead of logging back on with my cellphone I'm going to bed.  That conversation was getting interesting but I don't wanna be up all night again. 

Take care, bro!

alright brother, you do the same. thanks for the well wishes. g'nite

I am currently seeing a rotation from IFC and into ADT on Cryptsy.  I would expect IFC to show continued weakness and to go lower for the next few weeks until ADT goes up and people book their profits and rotate back into IFC and perhaps a few other newer Coins.

hold-cryptogenic bullions, namecoins, litecoins have been kind of tumbling lately for some reason
pump'n'dump-bbqcoin, pennies, caps
make fun of-goldcoin

I like that.

I make fun of FeatherCoin cause it costs as much as CGB and 12 times more than DGC while offering nothing special, innovative or rare.  FeatherCoin is probably the most overvalued coin out there.

I'm personally accumulating (and waiting on the Bitcoin ETF):  ixCoin, Devcoin, DigitalCoin, Quark and I trade a few other hyped coins.  My hope is to hold as many coins as possible when that Bitcoin ETF is announced csuee that's gonna be a game changer like nobody realizes right now.

It will push Bitcoin over $1,000 which will cause many alt coins to sky rocket.

ixcoin- I like the fact that it will be completely mined by 2015. There's also only going to be 21 million... seems undervalued.
Devcoin- its nice to see some altruism and all, but 90% is to steep. 10% would have been more reasonable.
Digitalcoin-meh
Quark-CPU mining is killing this coin and so far there is no need for what it has to offer (security) Maybe in the future.

But that's just my two satoshis.

Awesome, thanks for your input.  See, this is the kind of Gold I was hoping to get via this thread.  Everyone loves a few coins and as such those people will be experts in those particular coins and will also know little known facts about them. 

And as the coin list grows to my projected 300 in the next 8 months and then 3,000 the year after that its gonna be nearly impossible to get this kind of info without the help of a thread like this.

So let me ask you, why don't you like DGC?  It offers a lot of services and they're growing very nicely and the coin is popular and when you look at the price it's just way too cheap compared to other coins which offer so much less.  Thanks!

Looks like i0Coin is back to life and this time apparently the problem which killed it 3 times has been fixed, it has the most up-to-date code upgrades.  It had to do with the fast timing of the coin which required much more ram which caused pools and miners to drop i0Coin thus bringing about  its premature demise.

But now that's Been fixed and i0Coin now needs half of 1 gig of ram as opposed to the previous 16 gigs and its actually much better than many other coins out there which need 8 gigs or memory.  So we should see a lot of coins copying the fixed code from i0Coin.

Now see, who would know something like this if it were not for this very valuable thread.  Lol

I got all this info from MarkM, I'm not yet computer literate.

Oh, here's the latest links for i0Coin for anyone interested in that coin.


Quote from: Vlad2Vlad on September 10, 2013, 01:23:24 AM


Hi, Vlad2Vlad,

I'm the new I0coin maintainer. More info can be found at:

http://i0coin.snel.it/
https://bitcointalk.org/index.php?topic=268228.msg2870517
https://bitcointalk.org/index.php?topic=276483.0

Greetings,

Rik.

Anybody here buying COL, ZET, ADT or ixCoin?

If so can you state how much you're trying to accumulate roughly and if its a trade position or a long term hold?

I'm accumulating ixCoin, DGC, ZET, Quark and a few others for long term positions which I will not sell until long after a Bitcoin ETF is launched. 

And then I'm accumulating positions in newer coins like COL, ADT and a few others with the intention of taking advantage of their volatility and trading these coins on a regular basis. 

The merged mined coins.

The blockchain security model is that the (THE, not "a") blockchain is secured by many times more hashing power than all the rest of the world all working together can muster, so the whole rest of the world all pout together cannot come close to having enough hashing power to attack it.

Even the chains merged alongside THE blockchain fall short of having as much hashing power as THE primary chain, bitcoin.

But compared to all the various toy blockchains, some of them have quite a bit of hashing power.

Hopefully that will grow.

The ones that look like really good deals right now to buy are I0Coin and GRouPcoin because they do not seem to be on exchanges yet so some people who have some might think they are not worth much.

The ones that look like really awesome deals are CoiLedCoin and GiestGeld, because they don't have the high difficulty that being merged by major pool(s) has recently given to I0Coin and GRouPcoin, so they are bargains for mining as well as for buying. Once large pools start mining them their difficulty will skyrocket, so for small miners this is a window of opportunity that might not last much longer, and then when they go onto exchanges people will start to think they might be worth something so might not sell them as cheaply as some who have some of them right now might be willing to.

-MarkM-

GG and CC are built on ancient code, provably exploitable to boot.

Yeah I know, that is why this opportunity still exists.

The person who upgraded I0Coin to be the most advanced code of all the merged mined coins is currently looking at GeistGeld for the purpose of upgrading it similarly, and it seems reasonable that maybe once that one is upgraded they might be even more motivated to upgrade CoiLedCoin because of course they can mine both at once so by the time they have upgraded GeistGeld they should hopefully have also a stash of CoiLedCoin mined right alongside all the time that they were mining and fixing up GeistGeld.

Likely the high difficulty merged mined coins will be the last to be upgraded because they are ones the current upgrader is least able to mine due to their high difficulties. It might take a long time before someone has enough of them to figure upgrading them is worth doing. I0Coin was worth doing because one could mine lots of them so have a nice stake in their future success. Same with CoiLedCoin and GeistGeld. Unfortunately GRouPcoin got picked up by a major merged mining pool before it got upgraded so now its one of the high difficulty ones that might not be high on upgrade priority list.

(For practical reasons of RAM use, the ones with the fastest block times need upgrading soonest, slower block times means slower to reach crazy high RAM use that all merged coins are on their way to but at different speeds because they have different block-timing speeds.)

-MarkM-

CryptoBuck  [BUK]  is currently being traded at 2 Chinese Exchanges.
With the help of the community, we would like to see this Trade on the
American side also.

Thank you to all of Hashing now and tomorrow, it is appreciated.

http://www.cryptobuck.com/logo.png

I'm gonna check this out.  I've been waiting for this coin to go live to accumulate some.  Thanks!

on the second thought caps is hold.

Hold DGC and SRC, Copper Bars if you can get some

Dump pretty much all the rest

WDC (if the android wallet gets released) could be a keeper :)

I know about BTCLTC, what is the other Chinese exchange? Thanks!

I don't know but I would like to know as well if anybody here knows. 

I love DGC, I'm planning to buy more.  I have 30,000 coins so far.  But I'm also holding for long term ixCoin, DevCoin, ZET, Quark and a couple others.

Some cool rumors going around on cryptsy which I want my homies here to know about.

Apparently DGC has received $30,000 in funding for its coin and for its upcoming exchange Cryptoave.

It's investors have given Baritus 50 BTC with which to buy up DGC coins off the market to have a pool of coins for theme Cryptoave goes live in 2 months.

But there more.  Baritus has 2 other cons SecurityCoin and Argentus and the rumors are those two coins are basically feeding DGC, the focus is DGC.  Also, there's additional funding coming for DGC.

Put all this together and add to it a top notch crypto coin name, like DigitalCoin, which should have come out of my head, and you've got the perfect recipe for the next $3 coin.  

I'm going on record saying that within 12 months DGC will be $1-$3.  That's a massive spike from today's 2 cents ($.02).   So I would say accumulate this coins for the long run, as I have been doing and hold it even if it goes up 5-fold.  The real money will come next year, especially if that Bitcoin ETF license happens the way I've been predicting for the last 3 months.

Perhaps it's the 796 Exchange in Hong Kong? It's been getting some good publicity over the last month or so:

https://796.com/reg

http://www.bloomberg.com/news/2013-08-20/bitcoin-spawns-china-virtual-ipos-as-u-s-scrutiny-grows.html

 :)

Nice thread. My advice is to hold all the altcoins you can get because in reality you can't be 100% sure which one will succeed. So i an going to be +1 with vlad2vlad on this one. Doesn't matter how much money a dev gets as an investment for promoting a coin or improving it. I think that the community has the biggest impact on a coin's future. As an example i think that the multipools that mine the most profitable coin are a bad thing because you just get spikes in hash rate in a particular coin and the other just drop and it takes forever to find a block. And the one that supposed to be profitable to mine is not that profitable because the high hash rate will adjust the diff to fast so you don't get that much coins.       

Amin brother.  I agre 100%.  See, we can help each other instead of eating each other like dogs.

Good luck to you.

FYI:  COL is a steal right now on bctltc.  Selling for only .00000004 LTC.  I'm 99% sure COL is gonna get listed on Cryptsy in the next 30 days.  If I'm right, there's a good chance to make 1.000% profit on COL and maybe more.

Good luck, bro!

Problem is they are all insecure. A currency should be secure. Its not clear if even litecoin is really secure, and won't be until it gets ASICs...

-MarkM-

WARNING:  Caveat Emptor!


Heads up on CryptoBuks (BUKS) looks like it could be a Chinese scam.


https://bitcointalk.org/index.php?topic=285224.msg3143410#msg3143410

In months you've gone from promoting innovative stuff like this...

http://www.devtome.com/doku.php?id=cpu_mining

All the way to ASICs are the only future. Why?

You Linked a Link to  the CryptoBuck Thread.  This is where in the past you tried to speculate.

CryptoBuck has been announced/proven to be Pure American.  We have been through this.  

You're smarter than this,  The postings here are starting to show ignorance.  

Keep in mind CryptoBuck has been trying to get on an American Exchanges since Day 1.  Read the Facts.  

CryptoBuck will be worth your while,  CryptoBuck will be on an American Exchange before too long.


P.S. - How many Dev's do you see in Cryptsy Giving away Currency?  We try to give back to the Miners whenever we can.

If anyone would like FREE  BUK  go to the Faucet - http://www.cryptobuck.com/faucet/


We are Trusted, We are Honest, and We are Valued...   Don't get caught up in the Troll Bullshit Lies.  Once again you're smarter than this.

Is that a trick question?

Cause ASICS are the only real future.  A fraction of the energy and 10-20 times the mining power and on top of it, ASICS secure a network like non-other.  What more do you want.  Scrypt is inferior and an unnecessary detour which will go to ASICS or die a slow terrible death.

Because that CPU mining concept is not for "securing" a blockchain, it is for "distributing" the initial coins. You still want the coins to be secure else you are distributing pointless worthless coins.

So ideally you want massively high hashing power merged mining securing a blockchain, but give out the initial coins some other way than based on hashing power, so that you aren't just giving it all to the same old special interest group that owns most/all of the hashing power.

-MarkM-

So in terms of the 1st part... 3 foundries in China will secure entire Crypto Space.

Totally agree with the 2nd part...
Novel distribution algorithms can make something very interesting.

Everyone trading mcxFEE shares is well aware of the $7,000,000 valuation after 1 week...
When even well-launched Alt Coins are valued in the low to mid 5 figures.

People bought seven million in shares of something made by that same scammer who scammed people 250 bitcoins for microcash coin development then lately 75 bitcoins for GPU primecoin miner?

Gluttons for punishment or what? Weird.

-MarkM-

My idea is that we as fans and supporter of crypto currencies should make a google plus site or a special forum to communicate fast and with a target not like this forum here with all this spams and many bad people who talk not good things. If you think my idea is good then pm me to get the work together.

We can then decide always which coins we do support and hold them longterm maybe and so on.

I think atm GoldCoins are very undervalued, because I am since the coin was new with the 500 block rewards but now its only 50 per block. I like how this coin started and begun to rise since then. The developer is a nice man and promotes this coin very fine. The Android Goldcoin App is out now and runs smoothly. I like the Name and the community of GoldCoin, so I think thats the next coin which will be worth more than 1$ maybe in the next 1-2 years.

My second strategy is to hold my Android Tokens, I was one of the first miner who has mined more about 100millions from them in only 5 Days, but now this coin is on cryptsy and gain every day more popularity and the community grows and of course the difficulty rised up. This coin is very cheap now. I think it can get a value x10 - x100 without problems, because this coin is too new the time will come later.

Then of Course Litecoins and Namecoins, Digitalcoins are my big favourite, but of course I mined also from all the other coins a few, like Diamondcoins, Bitbars, DGC,WDC ... ... ... because you cant be shure which coin will be the next boom so I decided to mine from all a little.

I'm well aware RS started out as a "scammer" in terms of Alt Coin culture...
Apparently some of the work was delayed or sub-standard or not done...
And I'm well aware that mcxNOW was originally set up to dump premined trash.

It's easy to be a "scammer" when you have nothing to lose...
This place is crawling with sleazy operators and their miners/hostages...
The top thread this AM is Ripple which makes me wanna puke.

But once you have $7,000,000 to lose... the game changes dramatically.

RC doesn't own his profit-sharing algorithm which has made his exchange semi-viral...
And the Algo really starts to work when he has listed the Top 20 Alts (PPC very soon)...
It's the kind of thing that will float the entire Alt Coin Space...
You list your coin XYZ on an exchange like that...
Suddenly another 1000+ people get XYZ dividends and own it and trade it.

Was it ever actually confirmed that RS was Mltrl (spelling)  from what i saw people only ever hinted at it, using loosely selected posts from both users which seemed to have similar grammatical errors in them. Now I'm no sherlock holmes but im pretty sure having the same spelling mistakes as someone else doesn't confirm you are that person ;-)

Ah so people should invest in the career-scammer because they might profit by doing so, just like investing in pirateat40. Get in fast, take profit. Got it.

-MarkM-

As you seemed to miss my post ill ask again.



Was it ever actually confirmed that RS was Mltrl (spelling)  from what i saw people only ever hinted at it, using loosely selected posts from both users which seemed to have similar grammatical errors in them. Now I'm no sherlock holmes but im pretty sure having the same spelling mistakes as someone else doesn't confirm you are that person ;-)

if you have proof that someone is a scammer then its always best to back it up by showing the proof, randomly mentioning someone as a scammer just causes others to immediately doubt someone (dont get me wrong this is the internet so siding with Doubt is often a good thing, but making bold claims with out proof is a bit harsh ) but not only does it case doubt on the person being called a scammer but always casts the poster in a bad light and get people like me going "Hmmm i wonder what actually caused that post..." 

I thought they admitted it? As part of proving they were the person who previously wrote this that or the other code in the past?

Didn't the whole offer to write the GPU miner for primecoin start out with "I am the guy you already know, who did this that and the other thing" ?

-MarkM-

Perhaps this is slightly off-topic, but with respect to people's favourite crypto-coins, what's being said here seems to indicate that the world of crypto-coins is riddled with, how shall I phrase it... people of questionable character and... markets which may be rigged more than others and... more pitfalls than normal for miners and participants.

Assuming this is correct, how is a slightly wary newb to proceed? Is there a listing of, say, the best merged mining pools to efficiently mine crypto-coins, or some agreement on the better exchanges to use or maybe even a coin ranking, perhaps a top ten, with 'most reliable' or 'most accepted' coins at the top cascading down to... well, the less accepted and the less reliable?

As with licensed financial exchanges, you can make serious money trading in penny stocks or exploratory mining companies. But for those people who'd prefer not to wade in mud is the best path just to stay away from most altcoins or are there a top-tier group of coins worth mining and trading?

Be grateful for your comments. And my apologies if these remarks are best appended to another thread, feel free to point me in the right direction.

Thanks very much  :)

Bro, if there's one thing about my threads it's that there's no worries about being off topic.

There's easy money to be made in Cryptos (with little to no laws, regulations or oversight) so clearly it's gonna be riddled with scams and scammers.

I would say the most stable or less scammy coins would be be the first top 5 or so coins which were started and never died.

Among these would be coins such as Devcoin, Litecoin, ixCoin, of course, Bitcoin and maybe a couple others.
Most of the new coins can be called either CrapCoins or ScamCoins, even my own coin, NUGGETS.  As such, you're risking a lot when buying alt coins.  

The best way to proceed is to mine the most profitable (as outlined by coinchoose) and dump it on any pumps.  If you're buying coins, like me, then it's riskier.  New coins tend to get pumped so then you can speculate and hope to dump on time.  But that too is risky.

My strategy remains:  Play the upcoming Bitcoin ETF, with my 2 main picks being ixCoin and devcoin, in that order.  

I made an error in judgement.  I thought when the Bitcoin ETF comes out and Bitcoin goes to $1,000 that all alt coins would sky-rocket.  But the recent Bitcoin run to $140 proved to me the exact opposite will happen.  99% of the coins will get killed, driven to near zero but for whatever reason a few will sky-rocket.

I have outlined my arguments for why I think ixCoin will be Wallstreet's choice for an ETF 2.0, so I won't go into detail here.

Good luck!

Who is RS?  That doesn't ring a bell?  I've only been in Cryptos for about 4 months.

Thanks very much Vlad, I really appreciate your honest assessment and information. I'll probably just stick to the top five and leave it at that, although who knows, maybe I'll get hooked on trading them and just buy anything with the word 'coin' after it.

The pool I'm in generates Namecoins as a merged mining bonus and when I read up on NMC and discovered the whole domain name angle which sounded rather hip and counter-cultural, I felt like some underground apparatchik so I think to I'll use some NMC to buy a .bit domain if only for the hell of it. Other than that, I can't really see why there are being mined, other than that timeless reason, "Because they can". I understand that they are somehow identical to the BTC blockchain and can be mined simultaneously (same but different apparently) but unless there is any genuine reason for people to buy them, I can only see them trending down in price as there appears to be very few demand triggers and people like me with no real idea of what they are for just offload them when they meet the threshold amount to sell. Not sure if it was you or someone else on this thread who remarked that it was often the larger pools changing which altcoins they mined that provided much of the event-driven price action. I guess all of this just underscores how little I know and how easy it would be to get burned in the various coins.

"'SuicideCoin'? Whoa! That sounds edgy, gimme some of those."
"'AirCoin'? That could really go high!"
"'FuctCoin'? I wonder what that's all about? I better buy and find out."

 :D

I like ADT, sadly I didn't buy it when hit 0000003 the other week (cancelled a 50 LTC order (lol)). However, I picked up some at a very cheap price at BTCLTC.com - not sure exactly what I paid because it was in CNY (but a lot cheaper than it is there now) - but it's worth about 7 times more than I paid. I did the same with COL, but unfortunately the COL seems to have disappeared into a black hole of a blockchain.

I think I'll keep the ADT in the hope it gets the crap pumped out of it at some point (currently looking possible).

As far as accumulating coins, it is all high risk. Prices a month or so ago were more favourable. With BTC and LTC being extraordinarily expensive, it makes alts absurdly expensive, too (seeing as they are valued against either coin).

Anyway, until the market looks relatively stable I am not keeping coins at all. I do a bit of trading with LTC, which I buy first, then cash out at BTC-e. Dollars seem the safe bet.