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Author Topic: Whats the deal with Altcoins?  (Read 645 times)
jaynbay112 (OP)
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November 19, 2013, 11:06:11 PM
 #1

Seriously, are they good, bad , profitable?
sealberrder
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November 19, 2013, 11:08:10 PM
 #2

Pure speculation, no real useability. Thas why the low price...
fasbit
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November 19, 2013, 11:29:39 PM
 #3

What do you mean?  "what is the deal?"  They are simply versions of BTC.  Some are useful, most are worthless.
jaynbay112 (OP)
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November 19, 2013, 11:34:18 PM
 #4

What about PPCOIN?
Krustenviech
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better stake together


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November 19, 2013, 11:35:21 PM
 #5

Seriously, are they good, bad , profitable?
You can compare them here:
http://coinmarketcap.com/

Blazey
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November 19, 2013, 11:35:33 PM
 #6

if you look at ltc that were 1.64usd on 21th october and now one month later at price 7.63usd, this looks like a real deal at 4.5x the price in one month. even bitcoin back in 2011 falls from 33usd to 2usd. so i guess ltc is promising alt. coin.
Imerman2
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November 20, 2013, 01:08:17 AM
 #7

Pure speculation, no real useability. Thas why the low price...

I would agree that none have yet created any change that is groundbreaking.  Litecoin's different algorithm doesn't offer any significant benefits so its only real change is the block time, which is kind of irrelevant.  However, I do think that we will see some serious contenders in the future, the problem with most alt-coins is that they offer nothing new, and even those that are the most successful haven't really done much to improve on Bitcoin, they just attract miners with outdated equipment.
Blazey
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November 20, 2013, 03:00:13 PM
 #8

with the outcome of new asic/fpga developers like sluicebit, alpha-t.net and crypto industries, the alt coins will gain wings. its only the matter of time.
asdd88
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November 20, 2013, 03:05:42 PM
 #9

Think of Litecoin as silver and BTC as gold.

If BTC is to succeed, so will the major alt coins as the market for virtual currency increases.
young3dvard
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November 20, 2013, 03:10:53 PM
 #10

Think of Litecoin as silver and BTC as gold.

If BTC is to succeed, so will the major alt coins as the market for virtual currency increases.

While I see decent amount of merchants accepting BTC, almost none accepting alt coins.
This trend will continue I believe
Jeremiah2911
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November 20, 2013, 04:02:30 PM
 #11

I like to think of:

Bitcoin as Gold.

Litecoin as silver

Peercoin as copper Smiley
jpcosta
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November 20, 2013, 04:07:20 PM
 #12

What sites are there that allow trading between several altcoins?
I know only about bter.com, are there more sites like that?
terman45x
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November 20, 2013, 04:18:15 PM
 #13

What sites are there that allow trading between several altcoins?
I know only about bter.com, are there more sites like that?

https://www.cryptsy.com/
I dont use it though, too much junk there
Blazey
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November 20, 2013, 07:18:12 PM
 #14

you should look at btc-e.com. i think its russian site. i do not use it since i am from the us. but they say its good to trade between alt. coins.
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