Bitcoin Forum

Why are you here? If you're here for some coin other than Bitcoin which one is it?

Six votes and no one wants to say what coin they are here for? Come on someone must be here for Doge.

Much Vote

Many coin

Wow

Much reward

Very post

Well the polling options aren’t perfect. I came here for Bitcoin, but quickly gained interest in others (LTC, FTC mainly).

A lot of the newbs tend to come here by whatever new alt coin is hyped up that they've heard about (Doge, Kanye etc).

Im here for mainly BTC and LTC for which im making a dice site for both currencies.

i am here for the coins which have best price in exchange of BTC but its hard for me to mine with my pc , pls help me to mine more coins with my pc and as well tell me other alternates with which i can mine LTC and BTC

Help me change the poll. What option would you add without adding every altcoin in existence (the poll would be too long and always incomplete).

You want to mine something without buying any new equipment, correct? Bitcoin needs special equipment to mine at this point but most of the scrypt coins don't. I would look at the coins with a favorable exchange rate to btc. The economy in Bitcoin is more mature than the altcoin economies (meaning - you can buy more stuff with Bitcoin). It might be a good option for you to mine something else and exchange for Bitcoin so you can buy stuff.

thank you for replying.
no i can invest in mining, but i dont have too much money.
yeah as i am minin protoshares, prime and as well coinyewest, so i will exchange them for btc later.
the issue is that they are mining very slowly because of pc mining.

I dunno; it's a hard poll to create. Maybe a 'any/all cryptocurrencies' option. A lot of people just jump on pump and dumps until they're unprofitable to mine, so maybe 'pump and dump shitcoin' option  ;D.

You might want to consider investing small amounts in buying btc or ltc instead of mining. Eventually they will appreciate in value and you will make money. When you mine there are so many things to consider that you may end up losing money no matter what you do.

Thanks for the suggestion but I think I'll leave out, "what's you're favorite pump n dump shitcoin". lol

Think its too hard to mine Bitcoins so alternatives might be better.
CGWatcher also says some are way more profitable then BC.

I mines the precious, aparts from whens I mines shitcoins which the stupid hobbitses trades for precious.

Did Silk Road reopen?

bitcoins is quite hard to mine now and I don't have the resources for that so it's better to look for alternatives that will be promising in the future

I have an interest in a lot of them, but right now (besides BTC itself, of course) I have been mostly interested in PTS (protoshares) and XRP (ripples).

I am well aware (having been on this forum long before registering) that XRP generates hostility from most (ok, well, many, anyway) of the people here, but I think it has potential. Yes, I know that it is almost the polar opposite of BTC. But, I like both -- what can I tell you.

Silk Road 2.0 is up and running.

:( What about 'pump and dump crapcoin'?

I'll think about it.  ;D

I started with DogeCoin as my first cryptocoin.  I'm having fun mining various coins on my lowly ATI 7750 card (~140 kh/s).  So far I'm up to 0.3 BTC after mining DogeCoin, CatCoin, MoonCoin, and now CoinyeCoin.  I wish I could get into actual Bitcoin mining but the cost of entry is so high with returns that are so low.

That seems like a recurring theme. People would like to be here for Bitcoin only but they feel that the cost of entry is too high for them. The community needs to solve that problem if they want more widespread use. Maybe it is time to spread the concept of mBTC or some other sub-whole-coin system.

other coin only.
i view bitcoin as usd, as alt coins to other world currencies

ROFL that's a fun way to look at it.

Bitcoin is the world leader or the dollar. Litecoin is like Euros, ProtoShares would be Yen and Tenebrix would be the Zimbabwean dollar.

Interesting, so far only 12.8% of new members are here exclusively for Bitcoin.

The bitcoin ship has sailed entirely, there's really no money to be made off them; save market speculation.  Even that's pointless unless you have a LOT of capital, which no one pursuing cryptocurrencies really has: we're all after the fountain of youth.

I sit around and watch the boards and look for new coins coming out and look for hype, news, and allocate my measly 650 k/hash (7950 & cpu) accordingly.  mined 500k dogecoins before the difficulty and popularity sky rocketed, now I watch the market for them very closely.  I bought a million of them at 26 satoshis, so I'm up quite a bit at the moment.

besides all that I recently purchased the intelligent investor and  security analysis and I am learning everything I can about stocks, options, and futures.  I have a 1,000 dollar stock portfolio which I monitor daily and I've seen some success with my tiny amount of capital.

I think capitalism is a beautiful thing.  All of us have the opportunity to make all the money in the world, all we need is a little bit of capital.  Armed with nothing but knowledge, moderation, and restraint 1,000 can become 10,000 dollars, or even 100,000 dollars.  I would advise everyone to never be intimidated by anything and search out the profit and the money of the economy.  That's what got me into real finance and that's also what got me into cryptocurrencies.

That was well said. I would agree that the cost of entry into Bitcoin is very high for mining. For people into speculating, like miners are, choosing the correct altcoin is a difficult task. Choosing travels along a spectrum very similar to any investment trading. Bitcoin comes with less reward but is more a proven investment. Dogecoin may have had a greater reward but comes with a proportionally increased risk.

I kinda think most other crypto currencies will die out.  I am, however, excited about Ripple. 

Came for LiteCoin, staying for WorldCoin

Although I've done best in the  two days I mined lottocoin just after launch - converted at cryptsy to btc then wdc first few hours of listing. Hope I can match that profitability again it was phenomenal. Basically ended up with a months worth of WorldCoin (what I would mine at my hash rate) in two days.

I'm here to mine and speculate on some alts, but mostly to convert into BTC and enjoy the ride.



When I read up about Ripple, and how it is all sold or handed out by one "for profit" I instantly lost interest, I'd rather invest in fiat or a precious metal. Also the current market cap is not real because only a small % has been released into circulation.



Well I'm not here for Worldcoin. Have you looked into the coins creators?

The other 87.2% wouldn't be here if it weren't for the BTC juggernought!

have been a bitcoin lurker for years...but altcoins got me to take the jump

What's wrong with profit?  The concept is awesome, although the UI currently needs a lot of work.  Certainly you wouldn't put all that work into it and expect to live off of warm fuzzies

Nothing is wrong with profit, but when one entity has complete control over the release and/or minting of a currency, well that's is the same as fiat anyway, but at least some countries have a slightly operating democracy. To me Ripple is just 100% premined with the only excuse to do so is to eradicate security problems. I'm not sold on it but that's just my opinion.

What is so awesome about the concept?

I came for Doge, but have started trying different coins.  Bitcoin is beyond my mining means.

for 1 month i am stupidly mining bitcoin with a low end gpu ... and starting to read more then understand it really - really stupid of me didn't looking into altcoins section ...

now, i am here just looking for new fresh coin that will be ... well ... give me profit ...

thats all ...

Mostly LTC, little BTC and some WDC, Doge, Coye, FTC, Quarks

Bitcoin, Litecoin, Worldcoin!  8)

The concept entry is too high is pretty dumb. Bitcoin is most sucessfull, and probably only coin long term here, this is why Bitcoin is most valued.

Not everybody has to be a BTC miner. You can make your BTC mining other coins like this guy did. Any coins that have any longevity will eventually become unprofitable to small-time miners, so you just move on to another and trade the coins you make for BTC and it's essentially the same.

Not everybody needs to mine at all. People can just buy coins. If you were going to just buy coins instead of mining which one would you buy? If you can't justify buying a coin to use as money for purchases why mine it at all? I don't think overstock.com will be accepting doge anytime soon.

Exactly, that's why the only use of these coins is to pump and dump them. Get in early and nine whilst it's still profitable and then sell or swap for a useful currency like BTC.

I'm here for the community around the scrypt & cpu alt-cryptos, don't have much interest in Bitcoin or the other SHA-based coins.

I am here mainly for Bitcoin although it will be interesting to watch out if another altcoin will be able to solve the mining centralization problem better then Bitcoin in the long run.

I guess if they're traded on a reputable exchange there is a certain logic to that.

Came here for LTC and now mostly in GRN (Graincoin).  Newly listed on Coinedup.  Had good experiences following the IPO of CAT and RPC…I think Grain will be a good place to further diversify, especially given that it is new and very cheap!

Fascinating, very few new members are here for just Bitcoin. If the layout of this forum followed the direction of new membership then there would be a single small section named Bitcoin and the rest of the forum would be alternate cryptocurrencies.

I would like as many people as possible to vote. The alternate cryptocurrencies subsection just recently got sub forums. I guess management realizes how big a draw that section is.

I got seriously into bitcoin at the beginning of oct 2013. I also got into litecoin @ the same time. I really like litecoin because the dev is very transparent, works for coinbase, and his brother is the CEO of BTC China. I'm hoping LTC gets integrated with Mt. Gox soon, which will set off its adoption on bitstamp, coinbase, etc. I truly believe the future will contain many crypto's and BTC and litecoin will be the top 2.

I was interested in BTC and LTC but worldcoin is quite tempting (waiting for the "scharmbeck" effect) !

I agree worldcoin looks interesting.

Once again.

World coin :D

They had some wallet issue but I really like the fast transaction time.

I'm pretty new to actually buying cryptocurrencies, although I've been aware of bitcoin and the general mechanics of its operation for a while. I knew about it when it was at prices I don't even want to think about now actually, and almost bought in until mtgox crashed that first time from like 30 to 1. Being only an outside observer I wrote it off as a brilliant idea that wouldn't take off without a more refined iteration, or damaged goods. I can't kick myself too hard because I was a lot younger and bitcoin (still not easily accessible for most peoples' tech level) was a lot harder to buy then it seemed.

Anyway, I've gotten into dogecoin for fun and am totally enthralled by this whole world of cryptocurrencies (mostly doge and BTC at the moment). I wanted to join this forum because to mostly read information posted by people who know a lot more than me by virtue of experience. I am also excited by the vast opportunities that exist to solve problems or advance specific parts of such a fast growing phenomenon. I think that cryptocurrencies will produce an amount of value exponentially greater than where we stand now and the chance to be part of that is exciting!

I´m here for both, BTC and all sorts of altcoin.
I really hope that we´ll see an alt coin poping up that brings some real innovation again.

What are you talking about, n00b developers be innovating their arses off, first coin based on a meme, first coin based on a celeb ...  ;)

Does anyone feel that having so many different coins is diluting the value of all of them. Too much of a good thing maybe?

I am here exclusively for Bitcoin. I never really became interested in others.

Do you mine or are you here just to learn about it and buy?

Yeah, but let the kids have their toys to play with. They'll grow out of 'em and move on to bigger and better things hopefully.

I don't know that you can discount it that easily. People feel disconnected from Bitcoin because of the reward issue. That needs to be solved before people will flock to Bitcoin again.

I think people are still flocking to BTC in their hundreds of thousands. People don't have to mine it, just use it.

Well this page has name bitcointalk... but i like to read about doge coin :DD

Bitcoin and Ripple are both exciting crypto currencies! Bitcoin beeing the first, which has most of the media attention, and Ripple with a different approach, which might be more suiteable for a mainstream currency to be widely adopted. I strongly believe that there is a huge need for an easy to use online currency, so let's see what 2014 brings...

I'm here for those with value and something new, and not those copy paste coins :)

Im here for bitcoin and NXT. Anything that is original - no copycat coins.

The two above posters want something unique and new. I'm uncleared why that is valuable.

I'm mining Vertcoin at the moment, but holding in Vertcoin and Bitcoin. Bitcoin is the original, with mainstream interest and value and Vertcoin seems to offer something fresh and innovative in the crypto space. My tuppence worth!

What the hell is Vertcoin? I can't keep up with all the new coins being made.

Hahah this is me everyday with all these crapcoins.

moonbat, please tell us what's so fresh and innovative about Vertcoin.

I'm here for alt coins, and that's about it.

BTC's are too hard/expensive to mine and I'm really just into it because it a fun hobby.  If I happen to make some extra dough, that's a bonus, but not required.  It reminds me a lot of standard currency exchanges that I used to trade with but much more volatile.

I've noticed that many new users are choosing coins to support for every reason except philosophical. Very few people seem to understand the greater sociological aspects of Bitcoin. That's not necessarily a bad thing, just an observation.

When questioning why newbs choose a particular currency their answers seem to be something like it's 'unique' or 'it has potential'. When questioned further all they can usually come up with is 'it's not pre-mined' or 'was only pre-mined a little bit', and it has a 'good community/devs' behind it, blah blah blah. These things usually all turn out to be hyperbole or bs anyway.

True but I don't think many people walking the earth really understand the ramifications of taking control of money away from government. Even the ancient Roman Empire understood that money is used to control military might and military might controls the empire. If we take the control of money away from governments they can no longer control us. Perhaps I'm the only one that believes that as the reason to use Bitcoin.

I suppose it's possible to accomplish that using different coins (maybe one per country) but it would probably be easier using one. Bitcoin is gaining recognition and has a head start. That might change and the real world coin springs up later. It could also be true that the great unwashed masses with inferior mental cognizance need to be controlled and want nothing to do with taking funds away from government.

What makes them crap and Bitcoin not crap? Aren't they all basically the same with different infrastructures supporting them? Sure most of the alts are scrypt but that isn't a flaw. Litecoin actually corrects some of the built in problems with Bitcoin.

Both Bitcoin and other evenly

This poll will never give you accurate results because of the following reasons:

- The title that seems to be asking a leading question.

- The fact that bitcoin only is just one option in the poll.

- The fact that this is in the newbie section. I understand this may be by design. You just want noobs to vote. But it doesn't give you the true picture of the community as a whole. Of course noobs are going to get into alts because a) they're obsessed with mining b) everyone is telling them the bitcoin boat has sailed.

Finally this:


The most obvious option is "I came here for bitcoin but later got interested in alts too". 98% will vote for that option.

You're right. That is by design. I didn't want people to feel pressured to vote for Bitcoin simply because they are at a Bitcoin forum. Nonbelievers here can be attacked pretty severely for their lack of Bitcoin faith. This place is worse than a Linux forum. Have you ever attempted to say you use Windows at a Linux forum. You may as well slit your own throat.

No, "I came here for bitcoin but later got interested in alts too" won't work. I don't want ANY old Bitcoin users to skew the vote. I already know how many old users are into alts. Their posts are in the alt coin subsection. I don't want to know what they did "later". I want new people with just a few posts to tell me why they registered. If you voted please remove it because you are skewing the results.

It's a false assumption that 98% of the current members of this forum are interested in altcoins.

I didn't vote. The reason I said you should add that option is that Bitcoin is the most high profile of all crypto currencies. Everyone hears about bitcoin first and then about alt coins. It is natural if you think about it.


I was talking about new members. They hear about mining bitcoins, come here, learn that bitcoin mining is no longer for common folk and then get into alt coins.

Ah, I understand. I still think they are represented in the answer "Bitcoin only". Remember, I want to know why they came here not what they are doing after they arrive.

There's another easy way to find out how prolific altcoin users are here. Click on, "Show unread posts since last visit" and count the number of new posts that are in the tiny Altcoin sub forum. Lately, it looks like most of the active posters are in the alternate crypto section.

Bitcoin is now hard to mine for newbies and expensive to buy, so I'm starting with alt coins. Some forks like doge shows great results in short period of time as for miners or to small investors, but I don't think it'll be very profitable in long term.

You can actually make money trading altcoins..at least if you have any sense not to mine all the new coins with...lousy names for example :P

I came here for info about mining scrypt coins.

My friends and I just started mining around 20 days ago when we got our first two mining rigs (5.6 MH/s).

Currently my main interests is middlepool thread in Alternate cryptocurrencies section :)

But since middlecoin is paying in BTC, i am also here for Bitcoin ;)

Im going for middlecoin also!

I'm actually surprised with the results (I'm not new to crypto).
My expectations was far less on "bitcoin-only", but people here are usually new to crypto and don't know much about altcoins yet.

The only way I see to currently get returns on bitcoins is via altcoin tradeing.

It doesn't matter what you belive will happen on BTC vs altcoin in the long run, we live now. Current returns on altcoins vs BTC are insane and there is no other way that can double one bitcoin faster. (regardless of BTC/USD)  The (unlikely) risk of a bitcoin-killer is here and the bitcoin protocoll would never able to adapt fast enough. It's 100% impossible that f.e we will ever see PoS in bitcoin since there are far to many people (miners) interrested in keeping it the way it is.

Ignoring altcoins is like igoring the most innovative part of crypto. People were able to see the potential of bitcoin, but now some of those are so in love with bitcoin that they can't see the potential in altcoins. Altcoins don't need bitcoiners to buy them, there are sill enough people left that haven't heard of crypto yet.

bitcoin only here. Not seeing much in any other coins

Here for alt coins, and eventually bitcoins :)

I'm just the opposite, I thought almost all answers would be "Bitcoin only" considering this is a Bitcoin forum. The mods and users here take a pretty dim view of altcoins. Altcoin threads in every other section but "Alternate cryptocurrencies" are reported and moved right away. The early adopter crowd (hero members) are horny to get as much for their coins as possible so they push Bitcoin like preachers push Jesus. I've seen people attacked for just mentioning an altcoin in a thread without making fun of it. I agree that altcoins can't just be ignored. Obviously, according to the poll, altcoins are a big reason people are coming here.

Are you planning on buying Bitcoins or are you going to attempt to mine them?

I'm here to find out about every cryptocoin that is worth checking out. Right now I read a lot about dogecoin.  :)

Here for bitcoin and others, but only mining alt coins right now

Here for Bitcoin.

Own a few Litecoin.

Not particularly interested in the others, save for general curiosity.

Pretty much all other coins but Bitcoin.

When I got it, Litecoin was just launched a week or two prior. Even then, before ASIC came out for Bitcoin it was too far gone for me to mine effectively. So I did my mining in Litecoin and some other Alt coins that popped up along the way and that is where I wills stay.


Cheers

I'm here for Quark.

DOGE really got me interested in cryptos, but I didn't see it as a worthwhile investment with so many coins being made. Great community, but just didn't cut it imo.

What do you think about quark price?
Got 3k, still sitting and waiting for 30 cents at least...

I moved this thread to Bitcoin discussion to continue the poll. I felt it would never be seen in the Archival section.

I would still like to get replies from new forum users about why they joined this forum.

Thank you

Here for BTC, im at litecointalk for LTC

Bitcoin has turned into the bank you have to go to if you want to buy altcoins

Interesting, when the thread was in the newbies section the "other coin" option was the clear winner. In main discussion Bitcoin is winning which means newbies are no longer the only voters. I still believe newbies are not here for Bitcoin anymore.

I don't understand what you mean. Could you explain?

There's often no route from fiat --> altcoin, instead you have to go from fiat --> bitcoin --> altcoin

I get it. You can't directly buy altcoins but you can always trade for Bitcoin. So Bitcoin only matters in so much as it helps get the altcoins. Interesting.

Think BIG PICTURE.  These coins are really all about Freedom - the ability to earn and spend how you choose without the .gov's of the world pointing guns at you and telling you what you must do in order to stay out of jail or get a baton cracked upside your head.

Think about that.  Freedom to do what you please with what you earn and what you own.

This is a world wide game changer.  And it has only just begun...

Yes, Bitcoin was supposed to be that. Some altcoin may need to fill that role. There is talk of blacklists, the lead dev and major Bitcoin business owners are crawling in bed with government agencies. Bitcoin may have only been the necessary first step to ensure these mistakes are not repeated.

Im here for VERTCOIN - NO MORE ASICS

https://bitcointalk.org/index.php?topic=404364.0 (https://bitcointalk.org/index.php?topic=404364.0)

WWW.VERTCOIN.ORG (http://WWW.VERTCOIN.ORG)