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Author Topic: A warning about Alt-Coins  (Read 901638 times)
internetching
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December 30, 2013, 04:17:22 PM
 #2601

I would like to know which dodgecoin pool good, i got 470kh/s, but i could just mine 5000 coins from all those pool i have tried
DooMAD
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December 30, 2013, 04:46:57 PM
 #2602

I still don't think dogecoin is going to be worth more than a penny.  Ever.  I've got a couple just in case I'm wrong, but it just seems unlikely that they have a solid future. 
olinnebit
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December 30, 2013, 04:58:27 PM
 #2603

What do you guys think about all the new currencies? Is it just a hype, or will they all give value?

A thing in between. Most of them will die though, making some people a nice amount of $ along the way. There will be a coin that is better than bitcoin in most ways I believe, but who knows when. If you are talking about DOGE, WUBS etc, ask yourself what they bring to the market that no other coin has. IMO they don't bring anything. DOGE just made everyone aware of altcoins. I could be wrong.

bit.craft
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December 30, 2013, 07:36:09 PM
 #2604

DOGE is a collateral joke!

Let's look at more promising coins like XPM, QRK, PPC and the ones i dont know about yet.
Welsh
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December 30, 2013, 09:12:43 PM
 #2605

DOGE is a collateral joke!

Let's look at more promising coins like XPM, QRK, PPC and the ones i dont know about yet.
A lot of Altcoins are jokes. Some are just modified versions with a little change in the code. Some altcoins are promising, but only time will tell. I'm really not that interested in any altcoins.
Kheg
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December 30, 2013, 09:26:56 PM
 #2606

DOGE is a collateral joke!

Let's look at more promising coins like XPM, QRK, PPC and the ones i dont know about yet.
At least doge is trying, compared to most.
DooMAD
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December 30, 2013, 09:31:32 PM
 #2607

DOGE is a collateral joke!

Let's look at more promising coins like XPM, QRK, PPC and the ones i dont know about yet.
I'm still undecided on Quark.  Alot of people said it's a scam because it was pre-mined, but others defend it by saying they just use a different distribution system to other alts.  I like the whole 9 layers of encryption idea since that sounds impressive and appears to set it apart from other coins.  Although whether or not it makes any practical difference to have 9 layers of encryption is another matter entirely, heh.  As with Doge, I grabbed a couple just in case, but probably won't spend much time or effort on it unless it starts to gain more prominence.
hilariousandco
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December 30, 2013, 10:09:28 PM
 #2608

What do you guys think about Ron Paul Coin(RPC)? It has a maximum of 2,100,000 coins with a steadily growing userbase and a political agenda to back it up. Imagine if RP himself tweeted about this I bet the coin would get extremely popular

Ron Paul coin?  Roll Eyes When is this going to end? What's the political agenda begind this coin, because I'm sure any libertarian principles also apply to Bitcoin. Have you got a link to this Ron Paul thread?

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sweets984
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December 30, 2013, 10:17:36 PM
 #2609

What if scenarios? What if nbc reported on mooncoin!? We would all be rich lol.
Cyberi
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December 30, 2013, 10:21:50 PM
Last edit: December 30, 2013, 11:07:08 PM by Cyberi
 #2610

Anyone have recommendations for CPU minable coins (profiable ofc)?
Preferably GPU and ASIC resistant...
I tried MMC (Memorycoin 2.0) for a bit in pool but it just wasn't worth the trouble and electric bill.
lal
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December 30, 2013, 11:28:23 PM
 #2611

Is there any miner hardware for Scrypt?
melish02
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December 30, 2013, 11:46:08 PM
 #2612

RP coin, really Huh
olinnebit
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December 30, 2013, 11:47:44 PM
 #2613

Anyone have recommendations for CPU minable coins (profiable ofc)?
Preferably GPU and ASIC resistant...
I tried MMC (Memorycoin 2.0) for a bit in pool but it just wasn't worth the trouble and electric bill.

Datacoin(DTC) - http://datacoin.info/

olinnebit
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December 30, 2013, 11:51:54 PM
 #2614

DOGE is a collateral joke!

Let's look at more promising coins like XPM, QRK, PPC and the ones i dont know about yet.
I'm still undecided on Quark.  Alot of people said it's a scam because it was pre-mined, but others defend it by saying they just use a different distribution system to other alts.  I like the whole 9 layers of encryption idea since that sounds impressive and appears to set it apart from other coins.  Although whether or not it makes any practical difference to have 9 layers of encryption is another matter entirely, heh.  As with Doge, I grabbed a couple just in case, but probably won't spend much time or effort on it unless it starts to gain more prominence.

It wasn't pre-mined. Nearly all coins where mined in the first 6 months.

Hypetic
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December 31, 2013, 12:03:31 AM
 #2615

DOGE is a collateral joke!

Let's look at more promising coins like XPM, QRK, PPC and the ones i dont know about yet.
I'm still undecided on Quark.  Alot of people said it's a scam because it was pre-mined, but others defend it by saying they just use a different distribution system to other alts.  I like the whole 9 layers of encryption idea since that sounds impressive and appears to set it apart from other coins.  Although whether or not it makes any practical difference to have 9 layers of encryption is another matter entirely, heh.  As with Doge, I grabbed a couple just in case, but probably won't spend much time or effort on it unless it starts to gain more prominence.

It wasn't pre-mined. Nearly all coins where mined in the first 6 months.

Yeah. This is the truth.

It still favoured the early miners by a huge margin.
zcomputeck
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December 31, 2013, 12:42:53 AM
 #2616

I just started mining but have faith in earthcoin.  Also, I believe f any  CryptoCurrency are successful I believe several of the Altennet currencies will be successful.
Audity
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December 31, 2013, 01:10:51 AM
 #2617

It's best to wait a couple months in any new coin. Usually there's a spot with a really high price. Sadly you might have to wait til the end of the coin's mining lifespan!

Support your favorite new cryptos. Trade at Cryptsy, the most well known clusterfuck of success.
mitoshe
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December 31, 2013, 01:45:20 PM
 #2618

Hi everyone , I am a Newbie . I wonder if someone will explain me how to use escrow when buying some altcoins here forum. Thanks
olinnebit
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December 31, 2013, 02:44:41 PM
 #2619

DOGE is a collateral joke!

Let's look at more promising coins like XPM, QRK, PPC and the ones i dont know about yet.
I'm still undecided on Quark.  Alot of people said it's a scam because it was pre-mined, but others defend it by saying they just use a different distribution system to other alts.  I like the whole 9 layers of encryption idea since that sounds impressive and appears to set it apart from other coins.  Although whether or not it makes any practical difference to have 9 layers of encryption is another matter entirely, heh.  As with Doge, I grabbed a couple just in case, but probably won't spend much time or effort on it unless it starts to gain more prominence.

It wasn't pre-mined. Nearly all coins where mined in the first 6 months.

Yeah. This is the truth.

It still favoured the early miners by a huge margin.

Yeah, someone made a nice profit along the way Tongue

I just started mining but have faith in earthcoin.  Also, I believe f any  CryptoCurrency are successful I believe several of the Altennet currencies will be successful.

Come join a growing community; http://earthcointalk.org. (along with bitcointalk.org of course) Smiley

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December 31, 2013, 02:47:30 PM
 #2620

I have been lurking a while, decided to finally post and try to get out of Newbie jail...

Alt coins in the last couple weeks have been really interesting. I really regret not getting on Doge sooner than I did, even though I still managed to mine nearly 2million with only 1.3 Mh/s. I then regret not selling the Doge at 200 satoshis (and buying some at like 150 satoshis doh) now that it's come down to ~55 and I can't see it going up again any time soon!

Moon was interesting last night, managed to get over a million and sell them this morning on coinex for like 0.2 BTC, which is way more than mining any other alt coin out there.

The trick, it seems, is to mine all of the coins as soon as they come out until the next one does (or the diff gets too high) then go back to mining one which you think has a chance of succeeding long term.

At the moment I'm mainly in DigitalCoin and looking to get out of Doge and into EarthCoin. DGC has a new exchange coming on the 12th January which I'm hoping will boost the price up and EarthCoin just looks so professional even though it's just over a week old that it could really be going places.

What's everyone else in? Smiley
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