A warning about Alt-Coins

[tacoman]

I mined some of the other ones but the reward was too low to make it worth it.

It was worth it for a while with FTC, but I've gone back to LTC.  I still get the fun plus a little profit.   

[kevindeangelis]

I mined some of the other ones but the reward was too low to make it worth it.

It was worth it for a while with FTC, but I've gone back to LTC.  I still get the fun plus a little profit.   

I'm trying my hand at DGC right now since it looks to be doing pretty well ... I set up a site the other week to help show how they all compare and what your estimated earnings might be with your hash speed - www.WhereToMine.com

[Ex0deus]

When finally there is an AltCoin that provides something more over bitcoin.... will there even be a real chance for an altcoin....
But currently .... most all the altcoins suffer from the same simple problem.... a blockchain that just grows and grows and grows.... kinda like a cancer....
Once something fixes that issue.... then there will be even more potential for whatever system (altcoin) fixes that....

[Mallet]

LTC is an alt coin and is not a scam. Some pickup , some dont. It all depends on luck and of course the community support

[Spectrome]

Its also down whats hash efficient, some peoples rigs mine Scrypt way faster than SHA-256. Sometimes its not always down to how much the coins worth.

[elambert]

Way too many alt coins coming out at the present. Good for miners I suppose, but I would think this is detrimental to cryptos on the whole. Too watered down imo.

[Spectrome]

I wouldn't worry too much, its just a bandwagon thing, most of the alt coins will cease to be after a set time, its why theres no point giving a second glance, they are usually released after the creator has mined a crap load which sells on launch then abandons the whole thing, new coins also need to have their source checked as it can easily be manipulated to benefit an individual or small group.

[jusatest]

This was a real helpful post, unfortunately I fell victim to a wallet stealer as well for $400 USD ....well not technically a wallet stealer but I had went to some TOR website and apparently someone was able to do a JAVA-ish type drive-by on me and I was on MtGox at the time and they were able to steal my wallet just based on my cookie info.  I guess sometimes the best lessons have to be learned the hard way.

[tysat]

This was a real helpful post, unfortunately I fell victim to a wallet stealer as well for $400 USD ....well not technically a wallet stealer but I had went to some TOR website and apparently someone was able to do a JAVA-ish type drive-by on me and I was on MtGox at the time and they were able to steal my wallet just based on my cookie info.  I guess sometimes the best lessons have to be learned the hard way.

Did you use something other than the packaged TOR browser?  Java should be disabled.

[jusatest]

This was a real helpful post, unfortunately I fell victim to a wallet stealer as well for $400 USD ....well not technically a wallet stealer but I had went to some TOR website and apparently someone was able to do a JAVA-ish type drive-by on me and I was on MtGox at the time and they were able to steal my wallet just based on my cookie info.  I guess sometimes the best lessons have to be learned the hard way.

Did you use something other than the packaged TOR browser?  Java should be disabled.

That's why I said Java-ish, I'm not really sure at all.  All I know for sure is after visiting the site I felt something was wrong with my computer, but unfortunately didn't act on it and next thing you know my rent money I had made was drained from my MtGox account.

[HashTech]

Firstly,

Hi.

Secondly.

BTC forever.

[DannyDisco]

DGC is on fire right now. I just picked up 1000 coins.

I also picked up a few HYC in case.

I've also set my miners to mine DGC and HYC. Let's see what happens. I plan on converting half to LTC for stability and gambling on the other half that the coins will make it.

[r2vape]

On the DGC mining wagon as well, sitting at around the 200 coin mark.

Happy days indeed if BTC-e can add it.

[Xyver]

Namecoins still confuse me...  You use them as domain names?

[Martin!]

You can use Namecoins to buy and register Domains.
Currently, the only domain you can use with Namecoins is .bit.

[tiberiandusk]

You can use Namecoins to buy and register Domains.
Currently, the only domain you can use with Namecoins is .bit.

It's more than that. When ICE or DHS seizes a website they grab the DNS for the domain. Namecoin is a distributed DNS system that can't be seized.

[hatted]

Thank you for the useful info!

I understand now, why are so many altcoins do exist... 

[bublus7]

I don't see any of the present day altcoins 2-3 years from now... not even LTC... 

[korekodwanny]

It is interesting! I wrote it because i have post 5 times until can send PM. Sorry.

[korekodwanny]

and again me! sorry again!