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Author Topic: A warning about Alt-Coins  (Read 901635 times)
George5
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May 22, 2013, 12:15:56 PM
 #321

Hi everyone! Can abybody tell me how to see the current difficulty of alt-coin through the client or any other way?

Someone linked this site, it has an overview of all alt coins including difficulty: coinchoose com

I know about this site, but 1. It includes NOT all alt-coins, 2. Sometimes there occure mistakes and the site shows wrong difficulty (as it happened to WDC some hours ago).

https://nuls.io/about/ The sky is not the limit
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Even in the event that an attacker gains more than 50% of the network's computational power, only transactions sent by the attacker could be reversed or double-spent. The network would not be destroyed.
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Portnoy
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May 22, 2013, 04:34:38 PM
 #322

Almost all of the alt-coins out there are going to be a waste of time.  They're being created to take advantage of people who get super excited about different things and then get pumped and dumped.

+1

Bitcoin is a protocol, and, like the internet, email, and other dominant protocols, it will be the protocol that wins over its competitors due to, 1) the first-mover advantage, 2) the network effect, and 3) the self-interest of participants to fix any problems and make any worthwhile additions (like how the internet has evolved to include the larger address space of IPv6 or email has evolved to include file attachments)...
Bitoy
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May 22, 2013, 04:59:27 PM
 #323

Almost all of the alt-coins are there are going to be a waste of time.  They're being created to take advantage of people who get super excited about different things and then get pumped and dumped.

Be careful about wasting time with too many alt coins.

Agree, but it is more satisfying to be able to mine whole coins for newcomers, who often don't have much of a setup or GPU. I love the alt coins. They're fun (even if just for now).


+1

It's the fun factor first and money second  Smiley
Bitoy
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May 22, 2013, 05:01:34 PM
 #324

litecoins rock!

That is probably why it is copied by a lot of alt coins.
FinShaggy
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May 22, 2013, 05:01:55 PM
 #325

Devcoin is the best coin.
Especially for noobs Smiley

If everyone is thinking outside the box, there is a new box.
ahmedbodius
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May 22, 2013, 05:40:53 PM
 #326

devcoin is suxx
FinShaggy
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May 22, 2013, 05:42:24 PM
 #327

devcoin is suxx

Only if "Is Suxx" means "Is AWESOME" Smiley

Devcoins have been getting a lot of attention over the last month, and this next month is going to be even crazier.
Right now you can get like 20 DVC for .01 USD (1 cent) and they have been worth $10.00 USD EACH before. And with the recent rise in attention, they are definitely going to start rising in value over the next 2-3 months. I think they will probably even get to 1 penny each in that time.

1. There are now Devcoin portals and multiple block explorers

2. There are now Forums with Devcoin sections
http://homegrownsouth.com/forum/viewforum.php?f=20, http://homegrownsouth.com/forum/viewforum.php?f=21, http://homegrownsouth.com/forum/viewforum.php?f=22, http://homegrownsouth.com/forum/viewforum.php?f=222
 
3. There is now a Devcoin video on YouTube and more on the way
http://www.youtube.com/watch?v=G6AWKEEEN-Y

4. Devtome.com is getting tons of new writers and writing
http://www.devtome.com/doku.php?id=daily_script_results

5. The Devcoin thread on Bitcointalk.org has just about doubled in a month
https://bitcointalk.org/index.php?topic=34586

6. An Official Devcoin Logo is being made

7. A Devcoin advertising program is being made, like adsense but devcoins

8. And more that we can talk about as the thread goes on.
https://twitter.com/Devcoins, https://plus.google.com/107638997892350626209/posts, http://bitcoinviews.com/tag/devcoin/,  http://www.thecryptocurrencies.com/2013/04/devcoin.html, http://www.hipforums.com/newforums/showthread.php?t=470870&f=38

So it's a good time to invest Smiley
Also, a second Coin Exchange website has adopted Devcoin, so now there are two:
https://vircurex.com/
https://mcxnow.com/

Plus, Crypto Stocks:
https://cryptostocks.com/securities/14

If everyone is thinking outside the box, there is a new box.
pimger
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May 22, 2013, 05:48:25 PM
 #328

novacoin cool
HD7970
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May 22, 2013, 06:11:12 PM
 #329

novacoin cool

very cool...i believe this coin....

BitcoinNew:1Ds5SMBRYCtfaKrj5QhEmbRz89d7VxTkdo
FinShaggy
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May 22, 2013, 06:15:49 PM
 #330

Also, just a tip. This round shares were smaller than usual.
Usually they are about 1 million DVC per share.
This round was about 350,000 DVC per share.

So people are about to start selling them for more, since less are being distributed. (It's all happening because more writers are coming to Devtome)
So that's another good reason to buy now. Buy while they are cheap, sell when they are a little rarer.

Next round could get as low as 50,000-100,000 per share, since there is a thread for Devtome an stuff now.

If you want to see what is being developed by Devcoin, or if you would like to become involved, check out:

The Devcoin Bounty list:
http://www.devtome.com/doku.php?id=devcoin_bounty

AND
The Currently Available Bounties:
http://www.devtome.com/doku.php?id=devcoin_bounty_now

AND
Devcoin Mining Business:
https://bitcointalk.org/index.php?topic=34586.msg1220943#msg1220943


AND
The Devcoin Charity Board:
https://bitcointalk.org/index.php?topic=193625.0

If everyone is thinking outside the box, there is a new box.
carlznutz
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May 22, 2013, 08:13:47 PM
 #331

Thanks for the post. I'm sticking with BTC and LTC. Hopefully I can get my hands on an asic miner, then I'll switch my current setup to LTC.
FinShaggy
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May 22, 2013, 08:18:31 PM
 #332

Thanks for the post. I'm sticking with BTC and LTC. Hopefully I can get my hands on an asic miner, then I'll switch my current setup to LTC.

You can earn Devcoins simply for writing. No mining power required Smiley

If everyone is thinking outside the box, there is a new box.
ink55
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May 22, 2013, 08:41:26 PM
 #333

I anywere think that most of them are going to die during the next months..
EBM
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May 22, 2013, 09:10:16 PM
 #334

"An Official Devcoin Logo is being made"

Or in other words; a $100 logo hasn't even been made yet.

Sign us up.

BTC: 1DZnyYaZ2VcQWNyYayNBqfTVQw2JQAmdA5
FinShaggy
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May 22, 2013, 09:11:21 PM
 #335

"An Official Devcoin Logo is being made"

Or in other words; a $100 logo hasn't even been made yet.

Sign us up.

No, there are plenty of logos. They are choosing an official one soon.

If everyone is thinking outside the box, there is a new box.
skrill2btc
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May 22, 2013, 09:31:32 PM
 #336

+1

BTC: 1FJNPEgxRfqZdxnGg1hKjG3v43JsppNF4L
DVC: 19Fsg9HRAtGMBV2NBHE4skYBduHqBry9zJ
FREE BTC @ http://coinchat.org/r:skrill2btc
Aryetsok
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May 22, 2013, 09:38:42 PM
 #337

Thanks for the tips, very useful indeed Wink
Pointeh
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May 22, 2013, 10:17:36 PM
 #338

Massive WDC dump happening on mcxNOW.
MeshachBlue
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May 22, 2013, 10:41:39 PM
 #339

Thanks for the heads up
arlington
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May 23, 2013, 01:55:31 AM
 #340

Too many alt coins now..
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