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Author Topic: A warning about Alt-Coins  (Read 901639 times)
GpuJedi
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June 12, 2013, 11:26:50 PM
 #641

I think ARG, SBC, and HYC should make it because tey had fair launch and good support!
bob marley
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June 13, 2013, 03:35:29 AM
 #642

One day its all gonna crash and only two coins left bit and lite  Roll Eyes

BTC 1MPPPhAp1QqNZxiQtjgL5BG6oNKZqkXuZG
bX_master
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June 13, 2013, 04:03:00 AM
 #643

Interesting perspective - however, not sure how much I agree?

In a broad sense: I would say the members of the crypto-currency community vary in their ideological stances. While these systems may have been started by ideological enthusiasts, Bitcoin (for one) now speaks to a large number of regular pragmatic folk, who simply see its potential for reducing the costs and friction of global e-commerce.

As more crypto-currency movers enter the space - with populace holding or mining trading stock (coins) - we will see a further sway against fiat-currencies and this momentum should carry forward and strengthen the position of crypto-currencies.

As for if something is set to be profitable? depends who you ask? I am sure you can currently yield more LTC than BTC using non ASIC systems - doesn't mean less money in your pocket though!? Value is an estimation of the monetary (fiat) worth that something is held to deserve, the importance or preciousness of something!

A waste of time would be if these new currencies are worth nothing and not precious to anyone ... only time will tell on that one!

With faster protocols, better security and improved metrics, we will see plenty of new movers in the space I am sure!
allisoncone1
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June 13, 2013, 04:16:12 AM
 #644

Which alt should I go for at the moment?
Cryptoin
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June 13, 2013, 04:29:02 AM
 #645

Which alt should I go for at the moment?


Depends on what your goal is.  If you want to be highly speculative pick one that has not hit an exchange yet such as Stablecoin.  If you are looking for something a bit more established then Feathercoin is probably the best option.  Digitalcoin seems like a good balance between the two.  The key is also choosing something that has active developer support.  All of these have this at the moment.  Memecoin is another one with a very active developer however the market for it is still relatively small.  A good place to start would be coinchoose.com or coinwarz.com  But understand that you shouldn't pick a coin based on the instantaneous profitability these sites spit out.  Other decisions that need to be factored in are market volume, price stability/trends and network stability.
munze
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June 13, 2013, 05:41:21 AM
 #646

I'm watching StableCoin too but is it officially SBC or STC?
benbrilliant
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June 13, 2013, 05:57:26 AM
 #647

As long as you are only mining alt-coins and not buying them I think it is a safe risk to take. You can always recoup some of the cost of energy by selling the hardware you purchased to mine (graphic cards, other parts) if the coins end up being de-valued.
Nicky1234
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June 13, 2013, 06:28:31 AM
 #648

All the alt coins die realy fast....
Tsunamirain
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June 13, 2013, 10:30:25 AM
 #649

eBay might be setting up a hub for sellers and buyers to eliminate fraud.

Tsunamirain
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June 13, 2013, 10:31:20 AM
 #650

eBay might be setting up a hub for sellers and buyers to eliminate fraud.
. Check out feathercoin

2jase
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June 13, 2013, 05:29:45 PM
 #651

Is there an in-depth rundown of all alt coins, or at least the more common ones?  I've seen mining calculators like coinwarz.com, dustcoin.com and coinchoose.com but I'm looking for something with more detail like history, purpose, dev state, what makes it different, exchanges, etc.

Pointers?   

Also, where do you mine your altcoins?  coinotron does several but their site is often unavailable and even when it is it times out on login a lot.
HMCompany
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June 14, 2013, 12:50:59 AM
 #652

Feathercoins is really interesting. The developers are creating many sites and support for it, the only requirement for getting a coin popular is getting people to use it.
Tsunamirain
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June 14, 2013, 01:12:48 PM
 #653

Feathercoins is really interesting. The developers are creating many sites and support for it, the only requirement for getting a coin popular is getting people to use it.
they are outstanding!!
They are so inviting to new members. Come say hi!!!

Rockdog2877
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June 14, 2013, 02:21:54 PM
 #654

How Did feathercoin do with the 51% attack
sidhujag
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June 14, 2013, 05:49:06 PM
 #655

whats giong on with FTC2? What state is that in?
ImThat1Guy
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June 14, 2013, 09:55:18 PM
 #656

How Did feathercoin do with the 51% attack
I've been wondering this as well. The price has continued to increase, so I'm assuming it's alright.
wasthatawolf
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June 14, 2013, 11:32:33 PM
 #657

how bout yacoin?
yeah11
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June 15, 2013, 12:12:54 AM
 #658

Good stuff thanks now I won't lose all my coins
alaudidae
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June 15, 2013, 08:32:05 AM
 #659

How do so may alt-coins exists?
i ask this, because I can't find a proper protocol rfc-spec even for the most popular BTC?
Philogus
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June 15, 2013, 10:25:38 AM
 #660

I'm focused on Bitcoin, Litecoin, and PPCoin. All three have very different advantages, and I think that all three will survive. I very "green:, so i like the fact that PPCoin takes energy efficiency very seriously.
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