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1701
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Alternate cryptocurrencies / Altcoin Discussion / Re: Why would i still invest in bitcoin?
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on: January 02, 2014, 12:45:07 PM
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Remember that the same hashing power that secures the bitcoin blockchain can also secure various others at the same time at near zero additional cost.
There are various different speeds of coin merged-mined alongside bitcoin, including one (GeistGeld) that is so crazy fast that some pools think it is too fast to be effectively merged mined, thus too darn fast to be secured.
DOGE recently showed us that almost all the GPU-mined coins could be PWNed overnight just by some stupid internet meme. DOGE itself only has as much hashing power as a stupid internet meme can, almost overnight, conjure up. So it and all those that have less GPUs dedicated to securing them are all just garbage, toys, sitting there waiting for anon or some internet meme or who-ever or whatever to PWN the lot of them.
So if you want really crazy fast, help determine whether GeistGeld is too fast to work, and if so maybe push to have it slowed down to whatever is the fastest that can actually practically be secured. Meanwhile check out the other merged coins, some more of them are much faster than Bitcoin but not so stupidly fast as to be impractical to secure...
-MarkM-
From when on does the security becomes impractical? |
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1702
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Alternate cryptocurrencies / Altcoin Discussion / Why would i still invest in bitcoin?
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on: January 02, 2014, 12:32:08 PM
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There are coins comming out that are better on many things.
Most important in my eyes: speed
There was always the trouble of the long confirmations with btc, so i can't imagine the use of it in daily life will be so easy.
Like buying your bread with btc if you need to wait 5 minutes before its comfirmed.
I never bought anything with btc so i don't have experience with it.
But there are coins with practically instant transaction times, aren't these the coins of the future?
And isn't bitcoin a bit outdated?
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1703
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Alternate cryptocurrencies / Altcoin Discussion / Re: [WTS/WTB] Velocitycoin Buy/Sell Spreadsheet
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on: January 02, 2014, 10:00:35 AM
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dont know why this coin is so unpopular
its scrypt-jane has nice logo very fast transactions just like QQcoin. dont know why people ignore it.
its very good coin. once it hits the exchange it gonna explode in price. meanwhile people are buying cheap ass VEL here in forum .
Its the marketing, not alot of ppl know of the coin. This is good, for us  we can buy cheap, and then it hits exchanges and boom! |
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1705
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Alternate cryptocurrencies / Altcoin Discussion / How can velocitycoin get buried?
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on: December 31, 2013, 09:23:53 AM
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This coin is fast doesn't has a billion coins and gets buried under all these crapcoins.
The transaction speed is very fast, but noone seems to pay attention to it.
Are you guys just not aware of existance?
Isn't this the 2nd gen coin we have been waiting for..
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1707
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Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Velocitycoin Pools, Explorers, Giveaways, Escrow, Trade
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on: December 31, 2013, 09:00:55 AM
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For such a smooth launch, this coin really went unnoticed.
Yes this coins needs a better marketing startegy. You are nothing with a good coin unless you show to the people you have a coin worth mining and buying. They need to spend more on giveaways, bounty's, general promotion (like video,social networking,...) otherwise this coin will be buried under all the crapcoins with better marketing and visibility. And its actually a good coin: fast transaction , no billion coins The only thing it needs now is more marketing and not beeing greedy to spend some coins on that. |
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1712
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Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple #2 CoinMarketCap.com !
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on: December 30, 2013, 11:33:08 AM
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Great site for those who are not blinded by all the bullshit that is being rubbed in their eyes: http://ripplescam.org/Oh why don't people read what others have already said about this. This site contains mostly misinformation and is designed to spread FUD. The author of that site (TradeFortress) had a vested interest in damaging Ripple because it's a competitor to part of his own business. Guess what? People who trusted TradeFortress have lost a lot of money to a dubious hack, there are accusations against him floating around but I've not followed them enough to make a sound judgement, so I just leave it as it is. At the end of the day, trusting Ripple Labs was a lot wiser than trusting TradeFortress. Onkel Paul I'm not saying i trust TradeFortress, but i found the info about what ripple was interesting to say the least. So are you saying that what info there is on ripplescam is false? Also misinformation or not, having 0,01% having practicely all the coins says enough to me to stay away from it. |
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1713
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Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple #2 CoinMarketCap.com !
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on: December 30, 2013, 11:09:33 AM
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Again +1 This is really the opposite of what cryptocurrency's were made for. If i wanted to have a currency where the 0,1% (or in this case 0,01%) has 99% of the money i wouldn't have invested my money in crypto's. Stop spreading your propaganda for your coin that stands exactly for what is wrong with our economy. Great site for those who are not blinded by all the bullshit that is being rubbed in their eyes: http://ripplescam.org/ |
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1716
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Alternate cryptocurrencies / Altcoin Discussion / Re: Coinex offline?
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on: December 30, 2013, 09:05:18 AM
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we had network issues. downtime was 1 hour 39 minutes  Ok thanks for fast response. While your here i have a question: Ive send 0,02 BTC to my earthcoin adress instead of btc. Can you retrieve it for me? Someone on forum said you could do that as the coins will be rejected by my wallet |
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1720
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Alternate cryptocurrencies / Altcoin Discussion / Re: I just send money to a wrong coin
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on: December 30, 2013, 12:17:13 AM
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not possible
It was on coinex, will it be bounced back to my acc? No, it will be in limbo until you reach out to Coinex and let them know about it. They can export the necessary keys and retrieve your coins. Just send them all the necessary transaction details and they should be able to resolve usually within a day or two. This was very helpful, made a ticket out to them. Thanks! |
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