Bitcoin Forum

Other => Beginners & Help => Topic started by: El Dude on November 19, 2013, 12:03:28 PM



Title: my advice to newibes
Post by: El Dude on November 19, 2013, 12:03:28 PM
Don't get suckered into buying a scam coin , only trade bitcoin and litecoin.


Title: Re: my advice to newibes
Post by: DannyHamilton on November 19, 2013, 01:05:34 PM
Don't get suckered into buying a scam coin , only trade bitcoin and litecoin.

FTFY
 ;D


Title: Re: my advice to newibes
Post by: sana8410 on November 19, 2013, 02:57:25 PM
How about ppc and xpm?


Title: Re: my advice to newibes
Post by: CoinManiac on November 19, 2013, 03:58:20 PM
n abt FRC??


Title: Re: my advice to newibes
Post by: hidemyhost on November 19, 2013, 04:29:17 PM
thanks for the advice  8)


Title: Re: my advice to newibes
Post by: TuringMachine1980 on November 19, 2013, 05:00:39 PM
Or at most only the major ones mentioned in the cryptocurrency wikipedia entry:
http://en.wikipedia.org/wiki/Cryptocurrency



Title: Re: my advice to newibes
Post by: DodoB on November 19, 2013, 05:02:08 PM
care to explain what is scamcoin? never heard about it


Title: Re: my advice to newibes
Post by: bitminer9000 on November 19, 2013, 05:55:47 PM
but bbq coin sounds tasty !


Title: Re: my advice to newibes
Post by: TuringMachine1980 on November 20, 2013, 08:47:26 AM
care to explain what is scamcoin? never heard about it

He said A scam coin .... One of those dubious coins that pops up, and is abandoned after a few months... That's why I linked to the wikipedia aricle. The four mentioned there are trustworthy (as far as crypto currency is concerned).


Title: Re: my advice to newibes
Post by: stompix on November 20, 2013, 09:10:44 AM
And who are those newibes that are so interested in alt coins?
Do they bring chocolate? Do they have ponies?


Title: Re: my advice to newibes
Post by: JackMehoff on November 20, 2013, 09:18:59 AM
Amazed there is no bankcoin as an altcoin.

Now that would be ironic!


Title: Re: my advice to newibes
Post by: TheQuin on November 20, 2013, 09:21:57 AM
care to explain what is scamcoin? never heard about it

Scam coins are often pre-mined or insta-mined so the developer gets a large share which they then offload on the market after everyone else has been mining it for a while.



Title: Re: my advice to newibes
Post by: lambdaE on November 20, 2013, 09:22:18 AM
Amazed there is no bankcoin as an altcoin.

Now that would be ironic!


As the unused alt coin names slowly running out, next might be BankCoin indeed



Title: Re: my advice to newibes
Post by: Domi3636 on November 20, 2013, 09:37:41 AM
$ and € are scam ;D


Title: Re: my advice to newibes
Post by: stompix on November 20, 2013, 09:43:29 AM
$ and € are scam ;D

That would make you a scammer , right?
Because you pay everyday with scam currency you know it's scam.
You should be in jail bro!


Title: Re: my advice to newibes
Post by: Domi3636 on November 20, 2013, 09:52:13 AM
Ben Bernanke should be in jail.
He is counterfeiting money.


Title: Re: my advice to newibes
Post by: El Dude on November 25, 2013, 10:59:46 AM
Or at most only the major ones mentioned in the cryptocurrency wikipedia entry:
http://en.wikipedia.org/wiki/Cryptocurrency



I consider Peercoin (PPC) a scam coin , as its centralized with checkpointing to prevent 51% attacks , sunny king (or what ever his real name is) can shut it down.


Title: Re: my advice to newibes
Post by: Flashman on November 25, 2013, 11:54:37 AM
if whatever you buy does not have a realistic use case in the long term, it will be winnowed away

Two seat sports cars don't have a realistic use case long term, but oddly they cost more than minivans.


Title: Re: my advice to newibes
Post by: Wendigo on November 25, 2013, 01:15:57 PM
I will release soon SexCoin, the universal currency for digital pleasures.

Stay tuned dudes   ;D


Title: Re: my advice to newibes
Post by: impresionesmline on November 25, 2013, 01:24:33 PM
but xpm seems a good choice, what do you think?


Title: Re: my advice to newibes
Post by: DarkBet on November 25, 2013, 01:37:33 PM
     Couldn't agree more, there are so many alt-coins out there now and most of them will in the end be worth nothing. Buying into any of them is a way larger gamble than buying into Bitcoin or Litecoin.


Title: Re: my advice to newibes
Post by: mrleik on November 25, 2013, 01:50:54 PM
Every coin is going to the moon according to coinmarketcap.com. Amazing performance lately.
Are newbies buying all of then them?

Would be nice to have a service which would create all needed keys or wallet for every single coin type so one could get a portfolio for e.g. $1000 containing all type of coins. Like a coin fund.


Title: Re: my advice to newibes
Post by: El Dude on November 26, 2013, 10:03:13 AM
but xpm seems a good choice, what do you think?

xpm also made by sunny king stay away ,


Litecoin is at $300 million market cap for a reason folks , smart money is there and in bitcoin .

http://coinmarketcap.com/


Title: Re: my advice to newibes
Post by: over1977v on November 26, 2013, 10:25:55 AM
     Couldn't agree more, there are so many alt-coins out there now and most of them will in the end be worth nothing. Buying into any of them is a way larger gamble than buying into Bitcoin or Litecoin.

I have to agree, the much higher alt-coins risk is not justified by potential much higher profit. And given the number of alt-coins it is hard to imagine anyone will actually use these for anything other than trade to Bitcoin