Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: MaxLAMF on May 14, 2013, 08:01:22 AM



Title: Which alt-coin to use compared to LTC or BTC?
Post by: MaxLAMF on May 14, 2013, 08:01:22 AM
Hi,

Iīve been away for over a month and now I see over a dozen new coins.
Opposed to the few established coins (BTC, LTC, PPC, TRC) on which coin would you bet? Feather coin, Freicoin, Mincoin, etc.?

It would take days for me to gain enough knowledge to be able to make a final decision which coin to mine (meanwhile Iīm still BTC mining).

So please lets hear on which coin you bet and why?

Thanks in advance!

BTW: BBQ is dead, because of 51% attack, right?


Title: Re: Which alt-coin to use compared to LTC or BTC?
Post by: TheSpiral on May 14, 2013, 08:04:51 AM
None of the above. BTC, LTC, and possibly yacoin (or, more likely, its descendants), if only because of different mining methods/algorithms.


Title: Re: Which alt-coin to use compared to LTC or BTC?
Post by: erk on May 14, 2013, 08:37:23 AM
BTC and LTC are the only two I know of that can be exchanged for USD
All the others are tied to some othe coin with conversion fees and added confirmation time.


Title: Re: Which alt-coin to use compared to LTC or BTC?
Post by: BitHits on May 14, 2013, 08:40:20 AM
BTE ByteCoin :)

http://www.bytehits.info/bytecoin-0.8.1-win32.7z


Title: Re: Which alt-coin to use compared to LTC or BTC?
Post by: Atruk on May 16, 2013, 07:05:33 AM
Hi,

Iīve been away for over a month and now I see over a dozen new coins.
Opposed to the few established coins (BTC, LTC, PPC, TRC) on which coin would you bet? Feather coin, Freicoin, Mincoin, etc.?

It would take days for me to gain enough knowledge to be able to make a final decision which coin to mine (meanwhile Iīm still BTC mining).

So please lets hear on which coin you bet and why?

Thanks in advance!

BTW: BBQ is dead, because of 51% attack, right?

Still BTC, no worthy alts have appeared yet.


Title: Re: Which alt-coin to use compared to LTC or BTC?
Post by: Twerka on May 16, 2013, 07:08:21 AM
BTC and LTC.

CNC is really fast, sadly it is "china" coin.
Now I'm mining/buying some WDC, looks promising.

But keep you BTC/LTC, all other ones are risk for now.


Title: Re: Which alt-coin to use compared to LTC or BTC?
Post by: Atruk on May 16, 2013, 07:29:37 AM
BTC and LTC.

CNC is really fast, sadly it is "china" coin.
Now I'm mining/buying some WDC, looks promising.

But keep you BTC/LTC, all other ones are risk for now.

CNC has issues... LTC only has to its advantage a wide initial distribution. There may be appetite for a bitcoin successor, but it doesn't yet exist.

WDC... LOLWaT


Title: Re: Which alt-coin to use compared to LTC or BTC?
Post by: MaxLAMF on May 17, 2013, 02:51:04 AM
Thanks so far folks!


Royalcoin also has probably no future, right?

But what about Terracoin? According to coinwarz and dustcoin there seems to be a ratio of 125% or ~144% to BTC.
Wouldnīt that be more efficient than keep on mining BTC? But I guess the development of TRCīs exchange rate is the key/problem?


Title: Re: Which alt-coin to use compared to LTC or BTC?
Post by: mhill12 on May 17, 2013, 03:39:39 AM
Quote from: MaxLAMF link=topic=204830.msg2176268#msg=1368759064
But what about Terracoin? According to coinwarz and dustcoin there seems to be a ratio of 125% or ~144% to BTC.
Wouldnīt that be more efficient than keep on mining BTC? But I guess the development of TRCīs exchange rate is the key/problem?

The problem with Terracoin is that it is profitable for short time windows, but over a long time I believe it to be less profitable than BTC. If I am not mistaken, the changes in profitability come more from difficulty adjustments than price changes.

TRC profitability over last 12 hours (courtesy of coinchoose.com):
https://i.imgur.com/J1BTNCk.png


Title: Re: Which alt-coin to use compared to LTC or BTC?
Post by: MaxLAMF on May 18, 2013, 07:50:50 AM
Yeah I see...
Seems youīre right.

Thought anyway that all those new coins are a scam in some way and therefore didnīt took the effort to get into them too much...