A warning about Alt-Coins

[macarthor]

a good pin post, i'll follow the hints. many thanks

[1714525634]

1714525634

[1714525634]

1714525634

[coincrow]

LTC Mining tutorial - https://litecoin.info/Mining_tutorials

[gonzzo]

Hello,
to reply to our users, we created an account. So I have to post some replies to elevate privilege on our account.
We provide many altcoins with european stratum since 6 months. Many projects in pipe, so please visit our homepage to be informed

intersting will check you pool out

[sacoinguy87]

I like the idea of alt coins, i just need to figure out which ones are worth the time.

Alt coins can be useful, i have been using alt coins to practice trading etc. Only in small numbers but i just want to see how i go. So far i have managed an increase in the amount of doge i have just by trading it around.

[danosphere]

large KittehCoin Status Update (RELAUNCH COMING)

[blockminer]

I like the idea of alt coins, i just need to figure out which ones are worth the time.

Alt coins can be useful, i have been using alt coins to practice trading etc. Only in small numbers but i just want to see how i go. So far i have managed an increase in the amount of doge i have just by trading it around.

Check out DigiByte Coin.   A new coin that looks pretty good.   They have a decent dev team and website.  We put our mining farm on it today and have collected over 400,000 coins.   Also im up for any suggestions for mining coins if anyone wants to give their opinion. 

Thanks,.   

[sacoinguy87]

I like the idea of alt coins, i just need to figure out which ones are worth the time.

Alt coins can be useful, i have been using alt coins to practice trading etc. Only in small numbers but i just want to see how i go. So far i have managed an increase in the amount of doge i have just by trading it around.

Check out DigiByte Coin.   A new coin that looks pretty good.   They have a decent dev team and website.  We put our mining farm on it today and have collected over 400,000 coins.   Also im up for any suggestions for mining coins if anyone wants to give their opinion. 

Thanks,.   

Thanks i will check it out. My next challenge is to get into mining, there is alot of info but i dont know the first thing about computers or mining. Time to start reading.

[sniksen]

I like the idea of alt coins, i just need to figure out which ones are worth the time.

Alt coins can be useful, i have been using alt coins to practice trading etc. Only in small numbers but i just want to see how i go. So far i have managed an increase in the amount of doge i have just by trading it around.

Check out DigiByte Coin.   A new coin that looks pretty good.   They have a decent dev team and website.  We put our mining farm on it today and have collected over 400,000 coins.   Also im up for any suggestions for mining coins if anyone wants to give their opinion. 

Thanks,.   

Thanks i will check it out. My next challenge is to get into mining, there is alot of info but i dont know the first thing about computers or mining. Time to start reading.

It fun to learn this stuff so you won't get bored:)

[Coinwall]

Hi all eToken have only 900! k coin.
Price is rly small now buy and hold cryptysy and btc38 soon .

Mining time.

[gonzzo]

I like the idea of alt coins, i just need to figure out which ones are worth the time.

Alt coins can be useful, i have been using alt coins to practice trading etc. Only in small numbers but i just want to see how i go. So far i have managed an increase in the amount of doge i have just by trading it around.

Check out DigiByte Coin.   A new coin that looks pretty good.   They have a decent dev team and website.  We put our mining farm on it today and have collected over 400,000 coins.   Also im up for any suggestions for mining coins if anyone wants to give their opinion. 

Thanks,.   

i just mined some of them. any idea about exchange possibility and rates?
will hold some but not all

[mpdas108]

Why do people keep investing in theses new alt-coins, do they really think that in one years time, that they will ALL still be around? Or is nobody really investing in them but simply using them as a bridge to make bitcoins and litecoins.

[gonzzo]

Why do people keep investing in theses new alt-coins, do they really think that in one years time, that they will ALL still be around? Or is nobody really investing in them but simply using them as a bridge to make bitcoins and litecoins.

can only speak for me. if the coin look intresting i hold some maybe 30-50% and use the rest as bridge for ltc/btc

@Coinwall:
i just mined some etokens yesterday on http://etoken.luckyminers.com/ but the time to confirm my coins and payout is the slowest i ever met.
waiting to confirm 1 etoken now for about 24 hours and only 0.8 etoken done yet!
do you know if confirmation time depends on the pool or the coin (payout for sure is on the pool. i suppose confirm time is on the coin/protokol and such right ?)

[guybrushthreepwood]

Why do people keep investing in theses new alt-coins, do they really think that in one years time, that they will ALL still be around? Or is nobody really investing in them but simply using them as a bridge to make bitcoins and litecoins.

Doesn't matter if they can make a bit in the short term. You pump and dump them and then only the bagholders who hoard them will lose out when they quickly fizzle in value and become worthless.

[radostosic]

My first post:)

I started with mining about month ago,still experimenting with alt coins,and the latest was Coinye.

What do U think whats gonna happen with this type of currency?

[Eleky]

Why do people keep investing in theses new alt-coins, do they really think that in one years time, that they will ALL still be around? Or is nobody really investing in them but simply using them as a bridge to make bitcoins and litecoins.

I just mine altcoins that seem interessting till i have 10-100 (depends on difficulty etc.).
In this way it won't really cost me anything and i still have the profit if the coin might shoot up in value somewhere this year.
Besides that it's just fun.

[openinnovation]

I just mine altcoins that seem interessting till i have 10-100 (depends on difficulty etc.).
In this way it won't really cost me anything and i still have the profit if the coin might shoot up in value somewhere this year.
Besides that it's just fun.

How do you decide which altcoins to mine? I started with COYE, you can guess what happened...
Are there any signs i can look for, that indicate a promising altcoin, or is it just luck?

[sniksen]

I just mine altcoins that seem interessting till i have 10-100 (depends on difficulty etc.).
In this way it won't really cost me anything and i still have the profit if the coin might shoot up in value somewhere this year.
Besides that it's just fun.

How do you decide which altcoins to mine? I started with COYE, you can guess what happened...
Are there any signs i can look for, that indicate a promising altcoin, or is it just luck?

It was kinda obvious kanye was going to sue the devs and halt the project. All these copycat coins brings nothing new to the market so they won't survive the long run. Look for innovation and unique attributes in new coins. I try to mine the coins as they are launched and sell them if it gets listed.

[kavka3]

I just mine altcoins that seem interessting till i have 10-100 (depends on difficulty etc.).
In this way it won't really cost me anything and i still have the profit if the coin might shoot up in value somewhere this year.
Besides that it's just fun.

How do you decide which altcoins to mine? I started with COYE, you can guess what happened...
Are there any signs i can look for, that indicate a promising altcoin, or is it just luck?

dogecoin

[openinnovation]

I just mine altcoins that seem interessting till i have 10-100 (depends on difficulty etc.).
In this way it won't really cost me anything and i still have the profit if the coin might shoot up in value somewhere this year.
Besides that it's just fun.

How do you decide which altcoins to mine? I started with COYE, you can guess what happened...
Are there any signs i can look for, that indicate a promising altcoin, or is it just luck?

dogecoin

Yes, i am mining doge right now. But the difficulty is very high. I just thought that i might make some more money if i bet on a new currency, mine it at the beginning and sell it (hopefully before the price collapses).

[Eleky]

I just mine altcoins that seem interessting till i have 10-100 (depends on difficulty etc.).
In this way it won't really cost me anything and i still have the profit if the coin might shoot up in value somewhere this year.
Besides that it's just fun.

How do you decide which altcoins to mine? I started with COYE, you can guess what happened...
Are there any signs i can look for, that indicate a promising altcoin, or is it just luck?

If you want to make real profit it's just luck.
As i said, i just try to get as much different alt coins as possible so if any do make it i will gain something.
Mostly i just take the coins that already have a nice market cap, so those coins already have a solid base.
For the rest it's just random, but i do mine a lot of doge. Currently Doge is the most profitable coin to mine (if you trade it to BTC and then sell it).
Just check out the multipools and see what they are mining