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1  Alternate cryptocurrencies / Mining (Altcoins) / Re: Hashlet Solo or Hashlet Prime? on: August 31, 2014, 07:18:26 PM
I thought about this for awhile-

As it stands now, the payout for the hashlet prime and zenhash solo are identical.   However, the price between the prime and solo is almost 100%.   The solo won't get the upgrades that gaw is promising down the line, however, its rather hard to put a value on upgrades to happen in the future.    Also considering that all mining does lead to diminishing returns, the time expected to hit the mytical ROI beast we all chase isn't twice as long between the two options, it would likely be 4x's as long (just as a guess, not as a hard figure)   I mean, maybe the upgrades would be amazing and boost profitability, but there is no way to know this.   So given what we know right now-  Zenhash Solo would be a smarter investment then a Prime hashlet.  Right now the only difference between the two is that you can point your prime to a different pool that would pay less then the zensolo.    That's not an added value.   (granted, we don't know the future , so maybe future upgrades would make prime amazing, but only going off what is definately known)

Thanks for the info, I have been contemplating between the two for a while now. I'm gonna go with the Zenhash Solo.
2  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Credits Decentralized Exchange.Come join the revolution. on: August 31, 2014, 05:21:28 PM
Looks promising.  Definitely a step in the right direction.

Im not sure if this is related to the Credits cryptcurrency that is launching soon. Look at the OP - brand new user with a suspicious user name.

Not convinced unless I see a dev from the Credits project confirm in here.
I'll quote this again
Quote
Please visit the ANN to ask questions to the dev
                                            
ANN: https://bitcointalk.org/index.php?topic=634403.0

What is your relationship to that project? Why would you create a brand new account with a name that sounds like something a Chinese scamcoin dev would use? Seems very odd.
It's just an username which came to mind Smiley Let me make this crystal clear- We're just promoting the coin and plan to do our own twitter giveaway and weekly giveaways. Also it would be awesome to have a truly decentralized exchange. Don't you think?

If it turns out you are doing what you say you are doing then yes, I'm all for it  Smiley
3  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Credits Decentralized Exchange.Come join the revolution. on: August 31, 2014, 05:08:18 PM
Looks promising.  Definitely a step in the right direction.

Im not sure if this is related to the Credits cryptcurrency that is launching soon. Look at the OP - brand new user with a suspicious user name.

Not convinced unless I see a dev from the Credits project confirm in here.
I'll quote this again
Quote
Please visit the ANN to ask questions to the dev
                                             
ANN: https://bitcointalk.org/index.php?topic=634403.0

What is your relationship to that project? Why would you create a brand new account with a name that sounds like something a Chinese scamcoin dev would use? Seems very odd.
4  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Credits Decentralized Exchange.Come join the revolution. on: August 31, 2014, 04:59:21 PM
Looks promising.  Definitely a step in the right direction.

Im not sure if this is related to the Credits cryptcurrency that is launching soon. Look at the OP - brand new user with a suspicious user name.

Not convinced unless I see a dev from the Credits project confirm in here.
5  Alternate cryptocurrencies / Altcoin Discussion / Re: Dr. Coin's NEWS, DISCUSSION, AND ADVICE on: August 31, 2014, 04:49:08 PM
I wouldn't invest in URO, seems waaaay to risky. There are plenty of freely distributed coins you can get in on for no risk, if you want to take a chance then look at things like NXT or Crypti.
6  Alternate cryptocurrencies / Altcoin Discussion / Re: Marinecoin price crash looming sell ASAP to avoid any upsets, buy orders exist on: August 31, 2014, 04:22:17 PM
The volume for this coin is almost always under $100. It is pretty much dead already.
7  Alternate cryptocurrencies / Altcoin Discussion / Re: NEM scam stake price falling every day ! low, lower, lowest ! ! :-O! on: August 21, 2014, 04:54:46 PM
While the price has fallen NEM is far from done. It will launch this fall and then I have no doubt the price will rebound and then some.

Just look at the NEM thread and see how active it is. People are just too impatient around these parts and nobody seems to understand that in the software development world, delays are not just common but standard (unless you are the type who releases and alpha version and let your customers do the testing for you).
8  Alternate cryptocurrencies / Altcoin Discussion / Re: R.I.P NXT on: August 21, 2014, 04:49:14 PM
Not rip nxt, even tho the hacker thing doesnt make it look very cool.  Undecided
real problem is the whales with tens of millions of NXT who are ready to dump every time the price rises.

If we ignore all the 'tards and trolls - this is essentially the main downside to NXT.  Each time NXT goes through a rebound the whales start dumping as per typical pump and dump cycles (price rebounds are considered the only time you can dump without potentially killing off the coin).   Considering the number of NXT whales it could take year(s) to clear their holdings and to grow capitalization.

Things are further complicated by the asset exchange where there's a lot of huge capitalization assets (100+ million NXT) which if their volume were to skyrocket then in essence more whales are created and it only adds to the time it'll take to clear the whales.



Exactly! I have nothing against NXT but it is obvious that this is a problem. Who knows how long it will take to clear the whales as you say. It is really keeping the price capped.

9  Alternate cryptocurrencies / Altcoin Discussion / Re: Kolin Evans Quark scammer : pump bribe scam failed ! on: August 21, 2014, 04:27:52 PM
I don't think Bill Still was bribed, I believe he honestly thought Quark was a good investment due to it having more secure hashing than Bitcoin (this is from what I remember him posting on his blog).

I think Quark was done in by a massive FUD campaign followed by the launch of Dogecoin which opened up the floodgates for the sea of shitcoins that we have now. Now everyone realizes just how fickle the crypto landscape is... it is very difficult for a coin to make it because if it starts to show signs of success, it is quickly met with non stop FUD, clones and competing shitcoins. Not to mention the latecomers screaming that the coin is not fair because they missed the boat. I remember there was even a coin called "FairQuark" for a while.
10  Alternate cryptocurrencies / Altcoin Discussion / Re: What a horrible time for Crypto on: August 21, 2014, 04:21:17 PM
It's the summer. I wouldn't be surprised if we see a repeat of last Nov in the next couple of months. Even if it isn't as drastic, coinmarketcap will certainly look a lot greener in a couple of months than it does today  Cheesy
11  Alternate cryptocurrencies / Altcoin Discussion / Re: R.I.P NXT on: August 21, 2014, 04:17:04 PM
Not rip nxt, even tho the hacker thing doesnt make it look very cool.  Undecided

The hacker certainly didn't help matters but the real problem is the whales with tens of millions of NXT who are ready to dump every time the price rises.
12  Alternate cryptocurrencies / Altcoin Discussion / Re: [MARKET WATCH] While Bitcoin price crashed... ALT Coins going up. on: August 19, 2014, 08:52:26 PM
I don't want to rain on your parade here, but a price increase against .01 btc volume isn't going to impress anybody.

That's why Bittrex isn't a useful indicator. All the time you see huge rises and then you look and see a volume of a 10th of a BTC.

I did notice during the Bitcoin price carnage the other day that Ripple held up fairly well. Not that I am a fan of Ripple, but I found it interesting that it held up pretty well.
13  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Storj - Decentralized Storage on: August 19, 2014, 08:48:57 PM
What is the difference between Storj and StorjX? I understand that StorjX is the coin that will be used with Storj, but if one wants to invest do you have to buy StorjX or is there away to invest in Storj as a whole?
14  Alternate cryptocurrencies / Altcoin Discussion / Re: The best coins to trade or hold on Bittrex on: August 19, 2014, 08:43:24 PM
None of them.

Exactly this. Stay away from Bittrex. They do not deserve your good BTC.

+1. Bittrex is a cryptocoin graveyard. Even worse, they will be more than happy to list a scam coin pretty much immediately in order to get in on the profits (remember Veilcoin anyone)?

If you support Bittrex the scam coins will just keep coming and coming (as the goal of all scamcoins is to get on Bittrex so they can be dumped for BTC). I am hopeful that people are smartening up and eventually Bittrex and scamcoins will just fade away.
15  Other / Archival / Re: deleted by request on: August 19, 2014, 08:39:18 PM
So whatever happened with the complaint? Did the Florida Attorney General do anything?

BTW even though Cryptsy has had it's issues, getting the gubmint involved (the Florida gubmint no less) was a stupid thing to do. What good would have come out of it? Cryptsy gets shut down and there is one less place to trade and there is one more story of a failed crypto exchange in the news?!
16  Alternate cryptocurrencies / Altcoin Discussion / Re: The deal between Ethereum-Bitshares is off! on: August 19, 2014, 08:33:33 PM
Sure glad I am not invested in either of them, nor do I want to be  Grin

Too much hyperbole all round.

Yup, exactly.

In the case of Etherium, if someone wants to invest in it at least wait for it to be released and the miners start dumping it. Judging by the amount of money they took in, it would appear that crypto investors don't like to read fine print. The Etherium devs could fly to their island in the sun tomorrow without delivering anything and there isn't a damn thing anyone could do about it. The sad thing is, even if that happened I bet there would still be tons of people defending Vitalik. Gotta love sheep!
17  Alternate cryptocurrencies / Altcoin Discussion / Re: Blowing the lid off the CryptoNote/Bytecoin scam (with the exception of Monero) on: August 19, 2014, 08:29:27 PM
Excellent detective work, good job OP!

I found it extremely fishy that Bytecoin claimed to have been around for a couple of years yet nobody on these forums heard of it until it started to be traded.

Just another crypto scam, why am I not surprised.
18  Alternate cryptocurrencies / Altcoin Discussion / Re: Someone needs to come in a save both Dark and Doge, The sells are stacking up... on: August 19, 2014, 08:22:10 PM
I think Doge has made its bed, and now it has to lie in it. Inflationary cap? Massive mistake.

Without a doubt the hype is over for Doge. It would be very difficult to regain its lost glory.

Yup, DOGE won't be coming back (thankfully). As for DRK, at least it has some cool features but then again it seems like a new coin with cool features is started every other day....
19  Alternate cryptocurrencies / Altcoin Discussion / Re: Inviting DOGE, NAUT and LTC communities to join Digibyte! on: August 19, 2014, 08:10:05 PM
It can be called "The Brotherhood of the Dying Crypto Coins"  Cheesy
20  Alternate cryptocurrencies / Altcoin Discussion / Re: The deal between Ethereum-Bitshares is off! on: August 19, 2014, 08:08:52 PM
Sure glad I am not invested in either of them, nor do I want to be  Grin
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