A warning about Alt-Coins

[niothor]

What if Alt currencies don't disapear?! there are so many that have a real benefit to the Bit coin system.

 A lower Block time is one big positive. plus if Bitcoin does break the 2000 or much higher it will need complimentary currencies so that we aren't all dealing in 0.0000001 to buy a Bigmac. 

What benefit?
No , you can pay one sastoshi or one mBTC for a Bigmac, there a problem?

[BTC5OOO]

hi all, i'm lovin' YACoins they are starting to rise in price

[LordToby2000]

Hi I'm also new here and looking to get into mining. What is everyone's opinion about mining Stablecoins? Also, for stablecoins and scrypt is CPU mining any good?

CPU mining is a fairer game for all. IMO it makes much more sense.

stable coin looks good I have some of those but  Have you seen Digital coin? WSJ just wrote 2 pieces about how it might be the next big thing. im getting on it!  

[LordToby2000]

What if Alt currencies don't disapear?! there are so many that have a real benefit to the Bit coin system.

 A lower Block time is one big positive. plus if Bitcoin does break the 2000 or much higher it will need complimentary currencies so that we aren't all dealing in 0.0000001 to buy a Bigmac. 

What benefit?
No , you can pay one sastoshi or one mBTC for a Bigmac, there a problem?

Most people are not so clued up on millionth decimal points and if Bit coin is meant to be accepted socially then that is clearly an issue for the average joe.

also there are 100's of currencies in the FX markets what makes Bitcoin so special other than a 1st mover advantage?!

[niothor]

What if Alt currencies don't disapear?! there are so many that have a real benefit to the Bit coin system.

 A lower Block time is one big positive. plus if Bitcoin does break the 2000 or much higher it will need complimentary currencies so that we aren't all dealing in 0.0000001 to buy a Bigmac. 

What benefit?
No , you can pay one sastoshi or one mBTC for a Bigmac, there a problem?

Most people are not so clued up on millionth decimal points and if Bit coin is meant to be accepted socially then that is clearly an issue for the average joe.

also there are 100's of currencies in the FX markets what makes Bitcoin so special other than a 1st mover advantage?!

Because you can buy a pizza , a sandwich , groceries even a car or a flat with bitcoins.
WitH quaks,macks,ducks,giga,mega,slumcoin you can... trade them for BTC , LOOOOOOL.

[niothor]

What if Alt currencies don't disapear?! there are so many that have a real benefit to the Bit coin system.

 A lower Block time is one big positive. plus if Bitcoin does break the 2000 or much higher it will need complimentary currencies so that we aren't all dealing in 0.0000001 to buy a Bigmac. 

What benefit?
No , you can pay one sastoshi or one mBTC for a Bigmac, there a problem?

Most people are not so clued up on millionth decimal points and if Bit coin is meant to be accepted socially then that is clearly an issue for the average joe.

also there are 100's of currencies in the FX markets what makes Bitcoin so special other than a 1st mover advantage?!

Also , most bitcoins clients can switch your balance to mBTC , that can be the next default setting , so it ain't gonna be a problem for the average Joe.

[LordToby2000]

Digital coin seems to be doing pretty well. i read a few articles today in big outlets that are thinking it has future value. what do people think?!

[j0achim]

For a while i have been using services such as coinwarz and wheretomine, though "problem" i have been facing is where to mine the alt coins in a efficient way (pool).

Lets say these sites tell me a prediction of 1000 coins per day, then i find a pool that has a stable block finding rate, now the actual number of coins are not even close to the predicted number, ofc i have a understanding that this is because all workers compete for the next block and the chance that the pool or you even find the next block is not certain.

I myself find that litecoin is the most accurate coin to mine and the predicted income is not too far from the predictions the calculators give.


What experience do you guys have in this regards?

[kikeda]

Ill be jumping in the bandwagon, heard about bitcoins for about a year now and decided that  i dont wana miss the 2nd train.

[Djiny]

It's hard to make a choice with all those different coins. Some have great ideas others almost look like a scam to me.
For now, I'm currently mining in a multipool that adapts to "the best" available alt coin for mining.

However, I like the idea of Cryptocurrencies but I'll have to dig deeper to know which ones have potential and which ones don't.

[LordToby2000]

 if Digital currency is to be adopted formally then there will undoubtedly be competition from other currencies.

Many of the Alt's will die but some offer real benefits to the Digital currency arena. What currencies look promising?

[Altcoinfuture]

Does anybody have any opinions on Nextcoin??

I've been doing some reading on the coin and don't fully understand what it will add to the altcoin market.
I'd like to know if there are more USP's on this coin.
As far as I understand all coins already have been mined and can be earned by letting your pc be part network running transactions with the currency.
All coins are being owned by the developers of the currency. Is this a normal way of distributing an altcoin currency?
It totally differs from bitcoin in that way.
There also is another thing I'd like to know:
The NXT exchange website DGEX..
Is this owned by the same people that produced the Nextcoin?
Will Nextcoin ever be a reliable currency and can anyone profit from it besides the developers of it?

[jawnfu]

are there websites to check out the current exchange rates from alt-coins to bitcoins and/or litecoins?

[Borntostun]

http://coinmarketcap.com

[PenAndPaper]

are there websites to check out the current exchange rates from alt-coins to bitcoins and/or litecoins?

You may want to check exchanges directly like https://www.cryptsy.com/ and btc-e.com

[Hegemon]

Greetings,

What you guys thinking about NMC ?

Do chinese people can buy NMC on their platforms ?

thanks by advance,

/cheers

[jawnfu]

are there websites to check out the current exchange rates from alt-coins to bitcoins and/or litecoins?

You may want to check exchanges directly like https://www.cryptsy.com/ and btc-e.com

Cool, thanks a lot!

[niothor]

Greetings,

What you guys thinking about NMC ?

Do chinese people can buy NMC on their platforms ?

thanks by advance,

/cheers

The only coin that has an actual purpose.
About the chinese platforms I have no clue.

[spiz0r]

Greetings,

What you guys thinking about NMC ?

Do chinese people can buy NMC on their platforms ?

thanks by advance,

/cheers

The only coin that has an actual purpose.
About the chinese platforms I have no clue.

Yes, NMC seems the best altcoin, but its really undervalued. With merged BTC mining its hard to mine and there are not so much supply.

[lif3]

Maybe look at what cause the price to rise in bitcoin and continue on from there?