With recent events it turns out i0coin will be the only remaining alternate blockchain.
Namecoin goes for merged mining. Ixcoin is already dead and solidcoin got the lethal dose today.
i0coin prices are already recovering as a result
Okay there are many different forks of bitcoin; bitcoin starting first.
Solidcoin came out and was a good idea; having its 75% down; and 10% up
in difficulty adjustments. If 60% of the bitcoin network were to leave it would end up like namecoin getting less and less; but solidcoin doesn't do this; it has way fewer blocks to change difficulty, faster transactions, etc.
But many exchanges are shutting downhttp://sc.btcguild.com/
Was a huge exchange had up to 500 or more giga hash.
shut them down as well, and https://scexchange.bitparking.com/main
is not allowing them as well; all these severely crippled it.
Now there is i0coin; it copies the same rules as solidcoin; but no exchanges seem to shut it down; https://i0exchange.bitparking.com/main
is working fine, etc.
Perhaps i0coin will be the successor to solidcoin; and i already invested into it.
There was a time when solidcoin was worth very little.
Right now i0coin is 0.0008; and i have 17K of i0coin.
You go back far enough there was a time when bitcoin was worth very little;
like pennies; and you could get lots for a low price; I heard of someone spending 10K of bitcoins to buy pizza 10 months ago; he must be really pissed.
Now all of them including namecoin was once extremely low; investing like 5btc would of came 500btc if invested in early.
I invested and planning on keeping for 2 months. 16btc could yeild 600btc if it goes from 0.0008 to 0.03. Remember i0coin applies the same rules as solidcoin; same difficulty adjustment; so it has a lot of potential.
I can see it replacing solidcoin in the future. And maybe i will be really rich from this.
It only takes little to invest.
Now you have to note; as a trader there are always risks; if as a trader you don't think of your potential losses you will never be a good trader. I looked on the loss side and perhaps i could lose my 15btc; to be a good trader you must look at the losses first before looking at potential gains.
I do solo mining myself as at the moment its worth 1.08X to the bitcoin in mininghttp://coinotron.com/coinotron/AccountServlet?action=home
It might already be different by the time you read it.
It varies a lot; some days 1.4X some days 1.08X etc.
It seems this one can really really take off.
I already got into it set up a wallet; and got 16K of it; i was a early adopter;
anyone else doing this would still be a early adopter for a while.