Bitcoin Forum
June 22, 2024, 03:01:56 AM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: YaCoin - quick money or real interest  (Read 538 times)
clu (OP)
Newbie
*
Offline Offline

Activity: 15
Merit: 0


View Profile
May 08, 2013, 01:00:20 PM
 #1

Hello,

being a newbie  ( Wink ) and watching the growth and fun with YaCoin I wonder
whether this all happens because a lot of people are interested in quick money only or
there is real interest in the coin because of the fact that it ist CPU-mining only. At least
currently.

The network seems to be quite fast, the coin is not premined - looks like a fair coin for me.

Opinions? Do you think it is worth the CPU cycles?

Thanks
mccorvic
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500



View Profile
May 08, 2013, 01:04:07 PM
 #2

All alt coins, from LTC to Yacoin to Buttcoins are driven only to pump and flip to BTC.  Any effort you make on altcoins would be 1000% better spent on just acquiring BTC.

Offering Video/Audio Editing Services since 2011 - https://bitcointalk.org/index.php?topic=77932.0
johnras
Newbie
*
Offline Offline

Activity: 9
Merit: 0


View Profile
May 08, 2013, 01:06:45 PM
 #3

I vote for quick money...just like FTC and CNC
maxsolnc
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250


DTC unofficial team


View Profile WWW
May 08, 2013, 01:10:45 PM
 #4

Its difficulty can grow very fast... but transactions now are very fast too. If you send money from wallet to wallet, you can see that they're passed in ~10 seconds.

DTC: DMcKNp47fNtgM7sritK9GfJEQ1DzME5nwk
BTC: 1FgUGra685ZwkrX5VnRvfaYp4bHJhC7x4H
clu (OP)
Newbie
*
Offline Offline

Activity: 15
Merit: 0


View Profile
May 08, 2013, 01:19:59 PM
 #5

Quote
All alt coins, from LTC to Yacoin to Buttcoins are driven only to pump and flip to BTC.  Any effort you make on altcoins would be 1000% better spent on just acquiring BTC.

LTC seems to have a infrastructure of its own now, having a reddit channel, atlantis (not really
necessary but it is there) and being an alternative to GPU miners. But as I said, I only watching this
for some days.
phrackage
Newbie
*
Offline Offline

Activity: 12
Merit: 0


View Profile
May 08, 2013, 01:22:50 PM
 #6

Is it a good idea to have lots of alt coins, or to find some way of layering these things like the internet protocols themselves?
talexeh
Member
**
Offline Offline

Activity: 89
Merit: 10


View Profile
May 08, 2013, 01:25:25 PM
 #7

Color me curious but is Yacoin the same as Yakcoin? First time I heard of this cryptocurrency so I'm not really sure if they're the identical to each another.

clu (OP)
Newbie
*
Offline Offline

Activity: 15
Merit: 0


View Profile
May 08, 2013, 01:42:15 PM
 #8

Is it a good idea to have lots of alt coins, or to find some way of layering these things like the internet protocols themselves?

I think a certain diversity can't hurt. There is a lot of different fiat money and crypto money just started.  Wink

Diversity in cryptocoin implementations will rise the amount of money held in crypto coins while the devs
can learn what works and what won't.
clu (OP)
Newbie
*
Offline Offline

Activity: 15
Merit: 0


View Profile
May 08, 2013, 01:43:29 PM
 #9

Color me curious but is Yacoin the same as Yakcoin? First time I heard of this cryptocurrency so I'm not really sure if they're the identical to each another.

I refer to this one

  https://bitcointalk.org/index.php?topic=196196.0
clip
Newbie
*
Offline Offline

Activity: 12
Merit: 0


View Profile
May 08, 2013, 01:46:38 PM
 #10

For me Alt coins is more about learning how the diffrent virtual currency systems work and how one can implement bitcoins better.
talexeh
Member
**
Offline Offline

Activity: 89
Merit: 10


View Profile
May 08, 2013, 01:49:54 PM
 #11

Color me curious but is Yacoin the same as Yakcoin? First time I heard of this cryptocurrency so I'm not really sure if they're the identical to each another.

I refer to this one

  https://bitcointalk.org/index.php?topic=196196.0
Thanks for the helpful link. Appreciate it very much.

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!