Bitcoin Forum

For the last month or so I have had alt coin fever, I've been trying to mine as many as possible. Still have cg miner problems and haven't been able to solo mine anything but I'm working it out as I go. Problem is, every time I need to ask something I am restricted from posting in the appropriate threads. Thus begins my wait, see you in 4 hours on the alt coin forums.

You don't have to do that because to mine as many as possible isn't so necessary !

To expand on infinitybo's comment: It's not necessary to mine every altcoin under the sun because not every altcoin has value. As a matter of fact, few are worth anything. Of those few, only a couple altcoin are actively traded and have achieved any degree of liquidity in the market.

Sure, it's not a ridiculous notion to speculate on the possibility of one of the non-bitcoin altcoins to break away from the pack and become a legitimate alternative to bitcoin, but based on the current data, it's just not likely. Then again, during bitcoin's very early days, its current success and adoption was completely unfathomable.

I haven't researched all of the who-knows-how-many altcoins in existence, but if I had to speculate on an alternative to bitcoin, I would look for one that does not have a predetermined limit of coins in circulation. I'm not saying that bitcoin's maximum number (21-million?) is an fundamentally bad idea, but many do think this factor limits the long-term success of bitcoin because it is inherently deflationary. In other words, because the number of available coin is limited, the value of the coin goes up to quickly, which is not a good thing for a global currency, which should instead be a stable commodity.

@Syedkarim that's maybe the idea of subsequently create a new alternative cryptocurrencie per day in order to have a low-end market.

I like turtles

I am new here. Too much restrictions in the forum.  :-\

BTC: 1DiMExxyL3qzifwY9AN3pCzE2gCTiHzrT

There are other support options, like IRC. And I agree with the few previous post about the altcoins, also maybe read up on joining a mining pool?

+1

I all, I am new here. And I need to post something to be able to post to others.

I wish you all a merry christmas.

One question, why do you think that orbitcoin, gridcoin, and datacoin are not taking off that fast, than for example like mastercoin?

welcome

Hi  ;D

Yep  :( ... i  need to write to one person here, administrator of the www.dgex.com exchange and can't do it for now because of that   :-\ now just posting some useless replies  :P

Welcome!
I think it is good to get envolved in the forum before starting posting in any place.

welcome ;)