Tremendous opportunities.

[asenski]

Hello,

My first post here. Relatively new to bitcoin. Part of mee feels like I missed the train. Then I realized something. Bitcoin is not all about mining. For it to succeed it is up to all of us to actively participate and provide help, tools and services where possible that make bitcoin and alt-coins a success.

Also I've noticed that there are tremendous opportunities when it comes to trading. When the recent sell off happened due to BTC China cash out frenzy. I used some technical analysis and got in around $433. I'm happy with this purchase, granted I only got a few bitcoins but still, I'm excited that I had the balls to stick to my trading plan despite all the panic and troll-box chatter.

In any case, not sure how long I'm going to be restricted to the "noob" section. I'm hoping I can be a good part of the ecosystem and create value for all to benefit.

Happy Holidays!!!

[hamdi]

nice to see a positive late-adopter!

get your 5 posts and some lurking time, then you are unrestricted.

[Topthelel]

For me, I used to mine LTC but the profit per day was around $1 ish at 400KHash/s with the old version of cudaminer. Recently I switched to DOGE since the difficulty was way lower and had some good potential given it's popularity. At this time, I calculated around $13-20 profit a day at 770 KHash/s with my two 670s and a 6850.

[kmacri]

nice to see a positive late-adopter!

get your 5 posts and some lurking time, then you are unrestricted.

I wouldn't really consider this "late-adoption" phase...  but that's just me.

[LiteCoinGuy]

nice to see a positive late-adopter!

get your 5 posts and some lurking time, then you are unrestricted.

I wouldn't really consider this "late-adoption" phase...  but that's just me.

agree. you are not a late adopter.

-------
for LTC go to:


https://litecointalk.org/index.php/topic,7196.msg55172.html

http://www.cryptobadger.com/build-your-own-litecoin-mining-rig/

[asenski]

nice to see a positive late-adopter!

get your 5 posts and some lurking time, then you are unrestricted.

Thank you, hamdi! You answered my question and glad you recognized my positive attitude, I think it takes one to recognize one.

[pizzabit]

Im mining LTC aswell and i dont get the DOGE coin thing ??

[oyeTorry]

Im mining LTC aswell and i dont get the DOGE coin thing ??

You hoard altcoin. But if you want profit, you have to mine most profitable altcoin and sell before is too late

[paniczklos]

Is the MemoryCoin mineable by GPU ?

[uranian]

Have you tried selling any of the MMC you've been mining? I think Bter is the only exchange, and they've been very dodgy recently.

https://bitcointalk.org/index.php?topic=377452.0

[therobotswillwin]

There are some newer algorithms that are intended to be made memory intensive to the point that ONLY CPU mining will be effective.  Might be worth looking into a couple of those

[nuttynoah]

For me, I used to mine LTC but the profit per day was around $1 ish at 400KHash/s with the old version of cudaminer. Recently I switched to DOGE since the difficulty was way lower and had some good potential given it's popularity. At this time, I calculated around $13-20 profit a day at 770 KHash/s with my two 670s and a 6850.

I'm mining LTC right now, I think LTC has a really solid design, and in fact might prove to be better than BTC in the long run. With respect to DOGE I thought it was all just a meme and a joke.
I'm willing to give it a go - where do you mine it, and how can you convert it to BTC/LTC? What is the best site to do that?

Hi asenski,
Try coins-e for exchanging btc/ltc to other crypto currencies

[hameenheikki]

Im pretty late adopter too, but i think we didnt miss the train!

[Klodike69]

Very good for all. Right.

[oxfardk]

Im mining LTC aswell and i dont get the DOGE coin thing ??

it's simple the difficulty is lower so it's better to mine them

[jamesclark]

interesting stuff

[Sonny]

Im mining LTC aswell and i dont get the DOGE coin thing ??

it's simple the difficulty is lower so it's better to mine them

Not that simple.
You need to consider the coin difficulty as well the price, in order to determine the most profitable coin.
Indeed, people can join multipool to mine the most profitable coin automatically.