Fife (OP)
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April 23, 2013, 01:09:03 AM |
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Just curious incase anyone on here, is here for something other than Bitcoin.
I'm trying to avoid Litecoin since I know the difficulty is going way up due to the amount of ASIC's in existence so I've been mining Feathercoin for about 24hours and since the difficulty of that just doubled, I'm getting about 60 a day.
When I get my own rig built I plan on mining Litecoin, or incase the difficulty is to high maybe PPC it has a pretty interesting model behind it in the long term.
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CryptoCurrencyMiners
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April 23, 2013, 01:09:56 AM |
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If you're serious about getting a return on investment, Litecoin is the way to go.
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Neried
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April 23, 2013, 01:11:44 AM |
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Do you mean from a mining standpoint or from a growth potential standpoint?
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greenie214
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April 23, 2013, 01:12:47 AM |
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I suppose that i use namecoin a bit but that's only because i get it along with my main mining of bitcoins
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Fife (OP)
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April 23, 2013, 01:13:36 AM |
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Either or works.
I personally view all the alt coins from a mining point of view, I don't understand there use other than competition to BTC otherwise.
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lewicki
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April 23, 2013, 01:17:50 AM |
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I'm conflicted, two years ago i saw bitcoin, tried solo mining for a few days, didn't get anything, then proceeded to give up. fast forward to present and I'm kicking myself that I didn't jump in sooner. Now for some reason, I'm looking at these alternative currencies with the same apprehension that I had given bitcoin. Am I making the same mistake again? I don't know. With bitcoin already in place the only reason that I see litecoin etc. around for is so people who missed out on bitcoin can get in early on something else. Damn things are worth 2-5$ atm. Shoulda woulda coulda?
As a side note, does the fact that there are so many virtual currencies diminish what bitcoin is trying to do? At the rate we are going everyone is going to have their own currency... Hey, i'll trade you 1 of my lewicki's for 2 of your Fife's.
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bitcoinnewscan
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April 23, 2013, 01:27:31 AM |
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I too am torn. Trying to spread it all around. I am placing bets on Bitcoins. More exposure.
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tigerbay
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April 23, 2013, 01:35:03 AM |
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FC, just sounds nice, a lot out their and people are buying. Could become the alt to LTC.
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GameKyuubi
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DTCxNMC
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April 23, 2013, 02:21:33 AM |
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PPC. Long-term this is a great idea. Other than that, I think faster confirms are great, so LTC.
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BTC: 15SLrNo6PKVfsH5JLtatJcVkSQXCk1LXyq full stack Node
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fotooo
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April 23, 2013, 02:27:56 AM |
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fotooo
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April 23, 2013, 02:30:31 AM |
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O ha
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tysat
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Keep it real
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April 23, 2013, 02:31:20 AM |
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I'm trying to avoid Litecoin since I know the difficulty is going way up due to the amount of ASIC's in existence so I've been mining Feathercoin for about 24hours and since the difficulty of that just doubled, I'm getting about 60 a day. AFAIK there are no ASICs for LTC because of scrypt, it's more about memory and just straight calculations.
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binaryFate
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Still wild and free
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April 23, 2013, 02:35:11 AM |
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Most of the people in this thread clearly have an interst in their reasoning. I'm not going to do the same.
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Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. This makes Monero a better candidate to deserve the term "digital cash".
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tantk
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April 23, 2013, 02:47:23 AM |
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litecoin, trollbox says that mtgox adding them
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compota334
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April 23, 2013, 03:19:55 AM |
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because anyone can create a new currency there is the risk that the market will get saturated, but I guess as happened with coke and pepsi or mac and microsoft, there is always space for more than one big fish. I would try to particeipete in the next 2 o 3 new currencys, starting with litecoin.
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Kennji
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Mine Litecoins.
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April 23, 2013, 03:34:58 AM |
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I am gonna start mining LTC
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LTC - LKcrBEAbuW85obSbHnmw7y8XWWufWqjsxx BTC - 1JseeJ4h2XsShmaj1ci2J3kWA6qhCfj52U
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tbone
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April 23, 2013, 03:58:43 AM |
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There is something about feathercoin that feels good. Maybe its the potential?
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namdrazil
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April 23, 2013, 04:15:14 AM |
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LTC because i like scrypt mining and its worth more than feathercoin
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master-P
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April 23, 2013, 04:17:17 AM |
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Although I don't have any yet, I think the most viable alt-coin so far is litecoin. It's the only one besides BTC that you can use to purchase goods right now.
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rkirkman
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April 23, 2013, 04:17:50 AM |
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I find the hardest part is getting real money into these exchanges to purchase the alt currency
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