A warning about Alt-Coins

[azguard]

If anonymous supports this coin, I believe that it will rise and be in the top 5 coins too. I believe also that end users will not be the same as for BTC and LTC...

Its gonna happens just for witch one that is prime question

is it gonna be FTC, PPC, NEC, MEC , IFC , COL, ANC, GLD .........

This is gonna be hard to gamble but who ever guest right gonna be millionare

 

[foobar123]

Does anyone focus on minor "altcoins" ?

I dont want to jump on a horse which is nearly dead before it runs.

So is there maybe any altcoin with substantial different algorithms so to say where sha256 is replaced with some else?

Litecoin and many others use scrypt. Also there are some alt coins that use proof of stake together with proof of work like PPC.

[suuyak]

HI, im new to the btc and the alt-coins.

Been following it for a while, never had the guts to buy (saw it the first time a good year ago).
I've been seeing huge lists of alt coins, currently imo the one who brings something new in the mix is ppc and others like namecoins, zerocoins i think.

For the rest I see it as a (gold rush), which started with btc getting traction in the news etc etc.

Don't think BTC will end since it is gathering more and more base.

For the alt coins, there are so damn many. Which one to pick ?
And is their even an alt coin needed next to BTC ? since as far i am understanding the protocol of bit coin can be updated?
So in general I do understand everyone trying to get a piece of the pie and trying to make some new. Where can I check if they pre-mined the coins?


If btc can be updated why not just get the good things from the new coins when needed and stick to BTC?  

[alexanderqq]

LTC it is.... It is growing steadily
Since it's using the GPU mining, as a miner myself,
After investing so much on the GPU, I cant just give up mining LTC.
Paid off these last few days.

 

[doryphoros]

HI, im new to the btc and the alt-coins.

Been following it for a while, never had the guts to buy (saw it the first time a good year ago).
I've been seeing huge lists of alt coins, currently imo the one who brings something new in the mix is ppc and others like namecoins, zerocoins i think.

For the rest I see it as a (gold rush), which started with btc getting traction in the news etc etc.

Don't think BTC will end since it is gathering more and more base.

For the alt coins, there are so damn many. Which one to pick ?
And is their even an alt coin needed next to BTC ? since as far i am understanding the protocol of bit coin can be updated?
So in general I do understand everyone trying to get a piece of the pie and trying to make some new. Where can I check if they pre-mined the coins?


If btc can be updated why not just get the good things from the new coins when needed and stick to BTC?  

I'd like to know too. Also, as for alt coins who don't necessarily bring something new to the table, what happens if they gain enough traction to merge with a bigger coin? Does that make it a profitable investment?

Is it a viable strategy to simply try to get in on the ground floor of every new coin you can while the mining is easy in the hopes that one of them takes off and gets traded on an exchange?

Thanks

[PenAndPaper]

LTC it is.... It is growing steadily

By steadily you mean exponentially?  Check the charts for the last 3 days 

[Oupstd]

another question : is there any chinese ALT coin?

Chinese alt coin could develop faster than other alt coins do to their current interest for crypto...

Thx for the answers

[Epicurean]

I use my GTX 670 to mine anything i can get. I have some IFC, TAG, ANC, FTC and LTC. Them 170KH/s!
I doubt that it'll amount to anything but if bitcoin has taught me something it's that you never know..

[xychix]

Anyone here already working on NXTcoin ?

100% PoS so can be quite big since it doesn't consume energy.

[PenAndPaper]

another question : is there any chinese ALT coin?

Chinese alt coin could develop faster than other alt coins do to their current interest for crypto...

Thx for the answers

There was something called chinacoin but looks like it failed

[xychix]

I use my GTX 670 to mine anything i can get. I have some IFC, TAG, ANC, FTC and LTC. Them 170KH/s!
I doubt that it'll amount to anything but if bitcoin has taught me something it's that you never know..

google fot coin-chooser, a site that tells you what is best to mine

[xychix]

LTC it is.... It is growing steadily

By steadily you mean exponentially?  Check the charts for the last 3 days 

and it will crash, generating a new bottom and raise again...

[Oupstd]

LTC it is.... It is growing steadily

By steadily you mean exponentially?  Check the charts for the last 3 days 

and it will crash, generating a new bottom and raise again...

Rational for this?
I think it is rising too fast, but on the other had due to number of coins compared to BTC it could reach 0.25 BTC if they are considered equivalent.
Due to the fact that it is the 2nd coin and that it started later (entailing less adopted) a 0.1 BTC rate quite soon (before mid 2014) would not suprise me...

[suuyak]

It's alrdy going at 0.5198 at btc-e

Where yersterday it was 0.0223 -> so it is going up alright. Guessing since mining gold has gotten hard it seems the silver is up for grabs

[azguard]

LTC gone over 50$

and other will soon

[Creatrix]

LTC it is.... It is growing steadily

By steadily you mean exponentially?  Check the charts for the last 3 days 

and it will crash, generating a new bottom and raise again...

agreed. current price should be little lower.

[bigmak]

Wow! LTC gone over $50, glad I started to mine some of those babies.

[MrAokiji]

Litecoin just hit $60 

[twobitbot]

Incredible how LTC has exploded.

Any guess which altcoin could be next? PPC?

[Masaca]

Litecoin just hit $60  Grin

I am glad that I bought some about 2 months ago