Should QuickBT pay alt-coins as well?

[adamcol]

Alternate cryptocurrencies,

We are QuickBT. We let Canadian customers buy Bitcoin instantly as part of a checkout workflow.

We want to feel out the alt-coin market, and see if there's merchants that accept them. Are some alt-coins stronger than others? We need to make sure the network is beefy enough to sustain an attack.

If it makes sense, we'll add the ability for our customers to pay in other crypto-currencies..

Please fill us in!

Jamie
QuickBT Team

[fendlestick]

Hey!

The first logical step is to check into Litecoin (LTC), probably your best bet, strongest market, and very popular.

[smolen]

We need to make sure the network is beefy enough to sustain an attack.

Just an idea - can blockchain reorganization be insured? Or may be someone will start trading a derivative based on this event.

[high110]

I would check out BTC-e.  It has a host of coins trading well.  The ones at the top of my list are:

LTC (short confirms)
FTC (even shorter confirms)
XPM (prime number system has built in difficulty rising exponentially which is kinda neat and is a built in safety feature)
PPC (quick riser - don't know too much about it)
NMC

Which ever one you decide to add, it will rise in price.  Let me know so I can stock up =)

[cosmoo]

LTC of course is the obvious choice... but there are a few other notable altcoins.

I'm a particular fan of DGC and SRC, as their developer Baritus is almost through creating a $USD enabled exchange along with a payment processor for merchants and a virtual bank that can give loans out in DGC. His plans are very ambitious and will greatly stimulate the coin's economy once they're running. Both coins were launched very fairly (FTC and PPC had massive instantaneous mining immediately during their release, as evident by flagrant price manipulation on btc-e) and have a supportive community, although these coins are quite young at the moment.

The exchange Baritus is working on should be public by New Years if things pan out. Once it's operational these coins are bound to take off, so it'd be something worthy of looking into if your plans aren't immediate.

[RAVENCROW]

support litecoin! my friends that I have told about bit have been looking at the cheaper alternatives