A warning about Alt-Coins

[HappyBuddy]

nice info

[Prestin32k]

bump

[unclejed613]

i've been looking at devcoins.... they have an interesting idea behind them.... not interested in mining them, but earning them by writing articles and such... also opened an account on an exchange, because i thought it would be an interesting idea to "day trade" altcoins, such as using some of the bitcoin i already have, buy some other altcoin when it's near the bottom of it's trading range, wait for it to go near the top of it's trading range, and sell..... repeat as often as necessary to make some profit.....

[Dennis Venom]

seems alt coins take on a new role often. most recent adaption has been their ability to gain mainstream attention. just look at doge and now coinye. great leverage-er

[car_dude]

Alt coins are great In my mind anyways.   Easy to mine and fun to trade.   The way I look at it but it's cheaper then gambling in Vegas  ;

[btc2nxt]

From what I can tell I'm uncertain about peercoin.  I've seen it stay at a fairly similar price for a while.  So perhaps it's stable, but...when it comes to the coin market not much seems to stay very stable for very long.  So, it could jump up, or maybe it'll tank.  Just look at the charts, do some research, and make an informed decision based on your own understanding rather than what people tell you.  I see people saying "This coin to the moon" over and over again...but it doesn't always happen as they predict.

peercoin is a good coin.

[bitcoin lover]

dogecoin is awesome

[shibefl]

I'm at almost 100k doges! best one ever. to the moon!

[unclejed613]

you do realize that even crypto coins, like stocks and bonds in the traditional financial markets, can go to ZERO in value for any number of reasons.... something better comes along, a more competitive idea etc...   i'm just saying, keep that in mind.... the value of cryptocoins is only as good as people's opinion of it... and there may be many cryptocoins that succeed for a while, then fail.... nothing wrong with that, that's life... just don't be the last one standing when the music stops for one "coin" or another....  that's why most of the traditional financial markets advise people to diversify, and i think it's good advice for trading cryptocoins too.... 5 years from now, half of the cryptocurrencies may be gone, only to be replaced by twice as many that have better security and stability....

[NitroKoS]

I think that once an altcoin gets on an exchange it would have a very hard time going to zero barring any network disasters

[XBATTO]

For when the opening of the coye exchange website ?
It says : "Coinye Exchange - We're taking a big longer than expected to get this online, but we are continuing to work on it!"
I am waiting it to go to bed... 

[sniksen]

I think that once an altcoin gets on an exchange it would have a very hard time going to zero barring any network disasters

That happens all the time. Coins die off

[sol1dzer0]

I think that once an altcoin gets on an exchange it would have a very hard time going to zero barring any network disasters

That happens all the time. Coins die off

Well yes, but community is what keeps them alive + new online services that accept new coins help them A LOT.

[sistema]

Hello,

I am new here. One question, what is your opinión about Anoncoin? It is really different. It includes the zerocoin porotocol (a kind of automatic laundry system) and is compatible with i2p/tor that makes anonymous all the transactions. This will permit its use in all type of trades.
Also, the cap will be 4 million units (quite low compared for example with 21M of BTC).
I see future in this coin. Why is it so low? (0.006 BTC).

Best Regards,
Sistema

[wf2008]

顶顶顶，顶你个肺出血

[zetorg]

Interesting!

[DarthScabrous]

Hey guys, what is your opinion on Nutcoin?  I've been mining it, and I know a lot of others have as well, and its gaining popularity.  Unfortunately, due to Doge's rise, and that Coinye coin, its not getting nearly the attention it deserves.  IMO the dev worked hard on the coin, and hopefully it will be worth something.

[guybrushthreepwood]

Hey guys, what is your opinion on Nutcoin?  I've been mining it, and I know a lot of others have as well, and its gaining popularity.  Unfortunately, due to Doge's rise, and that Coinye coin, its not getting nearly the attention it deserves.  IMO the dev worked hard on the coin, and hopefully it will be worth something.

Nutcoin lol. What did he work hard on? Ripping off another coin?

[sase007]

Hey guys, what is your opinion on Nutcoin?  I've been mining it, and I know a lot of others have as well, and its gaining popularity.  Unfortunately, due to Doge's rise, and that Coinye coin, its not getting nearly the attention it deserves.  IMO the dev worked hard on the coin, and hopefully it will be worth something.

LoL
so many alt coins...

[Tars_Tarkas]

Agreed on so many Alt Coins!  Is anyone aware of a site that lists or tracks them?  Always a good idea to see what develops...