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Author Topic: A warning about Alt-Coins  (Read 901551 times)
Samir_H
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December 16, 2013, 10:16:38 PM
 #2061

http://www.cryptosextoys.com/ accepts Sexcoin haha, but also BTC, LTC, FTC, PPC and XPM. It really does depend on merchants, but we really don't need a new coin for every niche or industry possible. These coins are becoming a joke now and it takes away some of the credibility from Bitcoin and cryptocoins in general.

We have Gamecoin, Casinocoin, Betacoin, Pokercoin, Lucky7coin.
And not evern talking about animals : Elephant, Tiger , Eagle , ...

And nobody is crazy enough to sell stuff for that joke-coins.
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haems
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December 16, 2013, 10:41:44 PM
 #2062

I'm curious to see the ways in which alt-coins will integrate themselves into society. Most of the stories I've read involve small merchants, such as food cart owners, accepting BTC and the like. It seems the power is definitely in the hands of the small business owners, because they are the ones who have discretion over their own finances and aren't beholden to a corporate office. I'm sure some of the more savvy business owners take multiple alt-coins as payment. I suppose sooner or later a wallet application will come out wherein one could pay with multiple coins for one item.
pand70
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December 17, 2013, 12:24:19 AM
 #2063

I'm curious to see the ways in which alt-coins will integrate themselves into society. Most of the stories I've read involve small merchants, such as food cart owners, accepting BTC and the like. It seems the power is definitely in the hands of the small business owners, because they are the ones who have discretion over their own finances and aren't beholden to a corporate office. I'm sure some of the more savvy business owners take multiple alt-coins as payment. I suppose sooner or later a wallet application will come out wherein one could pay with multiple coins for one item.

There is no real need for multiple coins and a multiple coins wallet because alt coins don't offer anything serious over bitcoin anyway

FizzBuzz09
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December 17, 2013, 12:55:51 AM
 #2064

Because of litecoins, I couldn't get a radeon card xD.
virtualaddict
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December 17, 2013, 01:24:35 AM
 #2065

Because of litecoins, I couldn't get a radeon card xD.

www.amazon.com/XFX-DisplayPort-PCI-Express-FX787ACDFC-FX-787A-CDFC/dp/B007MJGMYA/
$170 after rebate, 1 left in stock. Great for gaming and gets 400kh/s mining scrypt to boot.
virtualaddict
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December 17, 2013, 01:32:52 AM
 #2066

There is no real need for multiple coins and a multiple coins wallet because alt coins don't offer anything serious over bitcoin anyway
There could be one that does eventually though, but I don't think it's going to be litecoin.
bitlooney
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December 17, 2013, 01:36:27 AM
 #2067

Not sure if this is the right thread for this question or if I just need to make a new thread for it but I've downloaded the Globalcoin wallet and its been "synchronizing with the network" for 7 hrs and its been stuck on "~69392 blocks remaining" for something like 3 hrs. Is this normal?  Undecided
komrobert
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December 17, 2013, 01:55:20 AM
 #2068

DOGE coin for the win, it has a lot of support and the hashrate is skyrocketing, just need a good exchange now and it will rocket(keep an eye out for Max Keiser, he followed DOGE on twitter and may take it up high like Quark)
Ruzka
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December 17, 2013, 03:18:03 AM
 #2069

Some Alt coins are certainly not a waste of time.

jpeggt
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December 17, 2013, 04:51:50 AM
 #2070

Its interesting to hear discussions about globalisation etc and if it would be better to have 1 currency or many, but I've heard better arguments from the many coin supports than the single coin ones.
meatspz
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December 17, 2013, 05:17:45 AM
 #2071

Greetings. Apparently I need to make at least one post in order to post to the other sections of this forum. So here I go.

I started mining those dogecoins and I have no idea what I'm doing. I just went through some guide and started mining. Should be interesting to see if I could make a bit of money with these things. Probably not, but I guess I just have to wait and see if those dogecoins go up in value or something.

I have a question regarding the dogecoins. Is it more effective to mine with cpu or gpu? The thing I downloaded had both options and I'm not sure whether I should run one of them, or both.
hellasleeper
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December 17, 2013, 05:28:33 AM
 #2072

Freicoin is looking somewhat strong at the moment. Then again, so does Dogecoin. Those are what I'm mining atm. Such riches. So crypto. Wow.
hometester
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December 17, 2013, 05:39:45 AM
 #2073

I think the issue with new altcoins is have they been premined at all, or if it is an even playing field on release
bittercoiner
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December 17, 2013, 05:59:17 AM
 #2074

Does it make a big difference which pool you decide to use? I'm new to mining (Dogecoins) and I just picked the top one  Huh
kitaco
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December 17, 2013, 06:09:13 AM
 #2075

Does it make a big difference which pool you decide to use? I'm new to mining (Dogecoins) and I just picked the top one  Huh

Some have different features. Automatic payouts, set payout amounts, ability to have a dashboard to see what your miner is doing, etc.

@cryptokiely // Donate! - BTC: 1kie1ykRUjxpMH5fAqLWigdtbLCyrMK9k // VRC: VEriKiEfZ9CwVs6GVGLbuBdEJxR2F7CJLq
bittercoiner
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December 17, 2013, 07:12:45 AM
 #2076

What kind of payout features should I be looking for? I signed up for this one, but I don't see any payout information (frequency, etc.) other than 0% fees and proportional payout.
kingimg
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December 17, 2013, 07:16:38 AM
Last edit: December 30, 2013, 01:09:54 PM by kingimg
 #2077

good have right to reply!
cerleo
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December 17, 2013, 07:22:21 AM
 #2078

You should put your address in the pool and then it will transfer the coins into the address you posted.This is all that have to be done.
TimTimTim
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December 17, 2013, 11:07:34 AM
 #2079

is there are any good new coin, that i can mining well?
deltree
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December 17, 2013, 11:24:33 AM
 #2080

is there are any good new coin, that i can mining well?

Dogecoin, especially after this news: http://dcgcrew.com/dogecoin/
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