Rules to avoid being scammed

1) Don't just trust the status of a member, anyone can write 500 posts and be a hero member in a short period. This just means that he invested some time on his membership. He can always decide that a profitable scam will be a good payment for his time.
2) Never deal with anyone without doing a search in the forum with his nickname, in order to check if he has scam accusations.
3) Ask for his coin address and always search it on blockchain.info or www.cryptocoinexplorer.com to verify if his address has the amounts he is claiming.[/b]
4) Be very suspicious about proposals well under market price or if he accepts your proposal under market price with no negotiation.
5) Look for the reputation of the member (his successful trades, in the form of vouches from the other party on the deal).
6) Even if he has some reputation, never send all the money in one transfer: send one first very small tranche (0.1 btc might be a good start) and wait for his payment. Send a second little higher tranche and wait again, etc. Small increments, because he might decide to pay you the first and second, to scam a bigger tranche. Always suspect if he doesn't accept to trade in small tranches.
7) If he has no reputation (including most cases when he is a newbie or a Jr.), even small tranches are a risk. Better use an escrow system, like the one of bitmit.net, or a trusted member, or you might need to send over 10 very small tranches. It can be annoying, but loosing your money will be more.
8] For big amounts always use an escrow system, unless the member has an excellent reputation.

Good luck out there, and be careful.

If ltc continues being recognized i'd take a gamble on it. but yes the rest seem like a waste of time and pump and dump operations.

Ripple is a scam.. Not open source = bad mkay

Anyone know aything about minerd --debug showing all (false positive) on Hash > Target 

I actually feel that several of the other alt coins out there may have more potential than bitcoin even.  Litecoin for example is almost identical to bitcoin fundamentally, but can be transacted in 2.5 min to bitcoin's 10.  I also personally feel that alt coins with higher market caps may fare better in the long run, as they will run into fewer psychological barriers associated with high unit price.

That's not to say that the market isn't oversaturated with cryptocurrencies.  We need to see several of them fail.

Thought I Share this because I was filling out Captcha at SrBitcoin Free 30min Faucet site

and it was Axxlshot Flouck

I am keeping it clean for the forum thats why the xx is really an

im lying im dying

Have a Nice Day Everyone  

Absolutely. And if you're starting with a cpuminer or small gpu, the transaction fees can really take a bite. Smaller value coins automatically have smaller fees - or at least you can cash out quicker and feel like you're accomplishing something, even if it's in millipennies.

Agree, but it is more satisfying to be able to mine whole coins for newcomers, who often don't have much of a setup or GPU. I love the alt coins. They're fun (even if just for now).

Hmm, that's interesting.  When I click on http://www.btcfaucet.blogspot.com it changes to http://www.btcfaucet.blogspot.ca in my browser.
When I add sites to the list I usually just open the site up in my browser so I can get the url and any titles and descriptions correct by copy-pasting
directly from there. I will change it to .com instead of .ca in case that causes further problems or confusion.
 

Thanks for clearing that up Aosana
First time I ever saw that
Well you are going to get added soon to my Bitcoin Faucet Counter http://bitcoinextra.weebly.com/bitcoin-faucet-counter.html
24 hrs Right?
If you dont mind Aosana

Thanks and congratulations on managing to build it. I'm gonna go test it out:)