A warning about Alt-Coins

[best14you]

Good idea.

[cosmowright]

Hey people. I would like to know about coins I could mine just to get a feel from trading on cryptsy. My hashrate is quite low but it's just for testing purposes. What should I go for? My scrypt hashrate on Stablecoin is like : 6.3 KH/s.

I would like to find a coin that I could get something like 10 coins per hour.

[krileayn]

Just introducing myself, I have started mining litecoins with 3 cpu's and a GTS 450 getting about 100k/hash
I am planning on getting a Sapphire R9 280X to add extra 700 k/hash

Any help or advice appreciated.

[Agsic]

i am mining alts a wile now.

[Kukuz]

Windows client for Richcoin needed, maybe some one has it and can post it on any filehosting server.

[igear2]

How can we know which is junk coins? By amount or somthing?

[hilariousandco]

How can we know which is junk coins? By amount or somthing?

By the amount of newbplebs that go on about them. Just look at the facts around the coins etc and make your own mind on wether something is junk or not. One man's junk coin is another man's paycheque (or bankruptcy).

[exokk]

I am not that long in the business of virtual coins at all...
however I would be interested in some opinions about
a) spreading as much as possible (thus looking for especially new coins, creating a wallet for each, mining some thousands and going on for the next coin) vs
b) mining on 4 or 5 promising coins with good indicators all the time

what would you prefer?

[ClydeFrog]

I am not that long in the business of virtual coins at all...
however I would be interested in some opinions about
a) spreading as much as possible (thus looking for especially new coins, creating a wallet for each, mining some thousands and going on for the next coin) vs
b) mining on 4 or 5 promising coins with good indicators all the time

what would you prefer?

Personally im doing the 80/20 rule.
Betting 80% on MEC mining, and spreading 20% on crypsty buying on other currency's

I believe MEC has great potential, active comunity, great developers and innovative ideas to level the playing field. It just needs more awareness

[HHvindenes]

Just downloaded Quarkcoin miner, 1 hour later Google said an unauthorized accound access attepmt had been denied. I deleted file, scanned computer with both AVG and Norton and reset passwods on mt.Gox, ebay, paypal, etcetc :/

Carzy this world!

[Tonza]

The sheer amount of alt-coins is so crazy that it's difficult to see which one will prosper if any...

I do like bottlecaps as a name for a currency though.

[maxxoccupancy]

The value of any altcoin is its ability to buy something later.  Unless there's a mechanism in place to help hold that currency's value, it's just going to spend its short, troubled life as yet another overprinted, overproduced worthless cryptocurrency.

Monetary history is full of fiat currencies that had no value because governments ran the printing presses far beyond the demand in the marketplace.

[microcoin]

I like the idea of NVC very much, being an ecologic alternative to LTC. They still have mining, like LTC and all other alts, and this will consume as much electricity. But when all coins are mined, the power needs will drop significantly.

[bottledwater]

Any one know how I can get the doge coin wallet to sync, I saw something about adding in a conf file, is this normal to have to add in a conf to get a wallet to work?

[Cryddit]

Adding a conf file is the usual way to do it and the least trouble.  Otherwise you have to specify absolutely everything with command line arguments -- every time.

[Requiem]

I like the idea of NVC very much, being an ecologic alternative to LTC. They still have mining, like LTC and all other alts, and this will consume as much electricity. But when all coins are mined, the power needs will drop significantly.

Not only LTC...

[cosmowright]

Just downloaded Quarkcoin miner, 1 hour later Google said an unauthorized accound access attepmt had been denied. I deleted file, scanned computer with both AVG and Norton and reset passwods on mt.Gox, ebay, paypal, etcetc :/

Carzy this world!

Yo I would bet you're not safe. It's probably a new virus/trojan that isn't detected with anti-virus as of now. Change your passwords using another computer and pray that they detect it.

[Xarria]

Any one know how I can get the doge coin wallet to sync, I saw something about adding in a conf file, is this normal to have to add in a conf to get a wallet to work?

You need to create a file called dogecoin.conf in %appdata%/DogeCoin/ with the contents:
rpcuser=doge
rpcpassword=wow
addnode=95.85.29.144
addnode=162.243.113.110
addnode=146.185.181.114
rpcport=22555
server=1
daemon=1

[GeneralZaphod]

lets see if I can finally post... go Gridcoin!

[PenAndPaper]

Where do you store your bitcoins and altcoins - in client wallets on a hard drive, or on a removeable drive, paper wallets, or at exchanges? I'm not sure where I should store mine. Keeping them in an account at an exchange is obviously convenient, but perhaps it's not safe. What do y'all do?

I have stored it at different places. saving inside an encrypted container (truecrypt for example) at a cloud service also seems like a safe solution to me while still being able to access it from different places.

thank you truecrypt suggestion I was looking for cloud solution this one is perfect

You don't have to include it in a truecrypt container. Just encrypt your wallet with the option that each wallet gives you.
Encrypt in it again adds nothing.