what should i invest in

[dailycoins]

Buy Bitcoins, make cold storage and hold them for 2-3 years.

[blgussiaas@gmail.com]

what about nxt coin?  you don't need any GPU's to collect fees, just a lot of nxt but I don't think 300$ will get you a whole lot of nxt maybe just around 5000 (not sure exactly but you would probably need a lot more nxt in order to make it worth it for you.

[raspcoin]

what about nxt coin?  you don't need any GPU's to collect fees, just a lot of nxt but I don't think 300$ will get you a whole lot of nxt maybe just around 5000 (not sure exactly but you would probably need a lot more nxt in order to make it worth it for you.

I would personally recommend Peercoin for a safe long-term investment in the proof-of-stake concept. There is a significant risk of Nextcoin being a temporary fad, while Peercoin has always been the third largest by market cap.

[blgussiaas@gmail.com]

perhaps but that's what they said about bitcoin when it first came out. . .

[neot]

Trading is probably a better way to earn coins than mining, but you need to get some coins before you begin. If you dislike trading or need a new graphics card anyway, then mining may be a better option.

Agree

[mkendall82]

For sure, invest in GPU and after that mine your coins.

[hostmaster]

Sure buy GPU's to mine other alt coins but I'm suggesting you to buy bitcoin, the price is probably going to spike up in 3-4 months

Agreed, we wait good news like paypal or ebay accepting Bitcoin.

[ownage18]

Ok .  I will start buying some bitcoins or other alt-coins but which is the safest and most profitable place where I could buy ? I saw that mxgot has disappeared.  I will look into the trading part of the coins .

[hilariousandco]

Ok .  I will start buying some bitcoins or other alt-coins but which is the safest and most profitable place where I could buy ? I saw that mxgot has disappeared.  I will look into the trading part of the coins .

Depends on several factors and where you live etc. just use cryptsy or btc-e. you can use bittylicious if you're in the uk.

[ownage18]

What do you think about Litecoin , Peercoin or Doge ? Will they have a chance to get close to the Bitcoin value in the future ?

Why isn't it worthy to invest in scrypt mining ?

[raspcoin]

What do you think about Litecoin , Peercoin or Doge ? Will they have a chance to get close to the Bitcoin value in the future ?

Why isn't it worthy to invest in scrypt mining ?

My personal guess is that Litecoin has peaked; it offers no real improvement over Bitcoin, unlike several other altcoins. Peercoin will most likely overtake Litecoin, but it will take some time. Dogecoin is a wildcard. Note that long-term investing is very different from short-term trading. In an extremely volatile market like cryptocurrencies, I would recommend short-term trading, since it is quite difficult to correctly predict the future.

Mining scrypt-based coins is probably more profitable than mining SHA-256-based coins like Bitcoin or mining CPU-only coins like Primecoin. Mining is designed in such a way that early adopters are rewarded, so watch out for new coins with potential!

[raspcoin]

Ok .  I will start buying some bitcoins or other alt-coins but which is the safest and most profitable place where I could buy ? I saw that mxgot has disappeared.  I will look into the trading part of the coins .

Depends on several factors and where you live etc. just use cryptsy or btc-e. you can use bittylicious if you're in the uk.

Agreed, go to BTC-e for volumes and Cryptsy for niche coins.

[apsvinet]

What do you think about Litecoin , Peercoin or Doge ? Will they have a chance to get close to the Bitcoin value in the future ?

Why isn't it worthy to invest in scrypt mining ?

My personal guess is that Litecoin has peaked; it offers no real improvement over Bitcoin, unlike several other altcoins. Peercoin will most likely overtake Litecoin, but it will take some time. Dogecoin is a wildcard. Note that long-term investing is very different from short-term trading. In an extremely volatile market like cryptocurrencies, I would recommend short-term trading, since it is quite difficult to correctly predict the future.

Mining scrypt-based coins is probably more profitable than mining SHA-256-based coins like Bitcoin or mining CPU-only coins like Primecoin. Mining is designed in such a way that early adopters are rewarded, so watch out for new coins with potential!

This seems very accurate - Litecoin isn't really going anywhere from here, and doge could go either way - good observations.
I wouldn't invest in peercoin though to be fair, bitcoin is still the strongest alternative imho.

[ownage18]

So I made an account on doge.poolerino , I have a dogecoin wallet on my PC. I use minerd to start some CPU mining . How can I see how many dogecoins do I have on my account ?

I ran the .bat and modified it with my username and worker , the program is working but I can't tell how many coins do I have.

I just want to see 0.00000001 (or any number) coins in my wallet, to confirm that it works for me .

p.s. what is that "accepted 12/12 (100%) 10kh/s (yay!!!)" thing ?

[Kiki112]

So I made an account on doge.poolerino , I have a dogecoin wallet on my PC. I use minerd to start some CPU mining . How can I see how many dogecoins do I have on my account ?

I ran the .bat and modified it with my username and worker , the program is working but I can't tell how many coins do I have.

I just want to see 0.00000001 (or any number) coins in my wallet, to confirm that it works for me .

p.s. what is that "accepted 12/12 (100%) 10kh/s (yay!!!)" thing ?

mine with your GPU, CPU mining is a lot weaker..

you'll see your balance change on your pools account after you find a new block and it gets distributed among miners..

[ownage18]

Thanks for the info.  Now I officially have around 10 doge-s in my pc wallet. Will be researching more in the mining department and see what's best.

Do you think there could be a future for scrypt coins where they would value much more than now ?

How can I make sure that the money in my pc wallet won't disappear ? (I've heard many persons getting scammed )

[CaffeineCompliant]

Hi everyone,

Not sure if this is a good idea to use this post, but ownage18's request seems similar to mine. I will create another post if you think it's better.

I wonder if it can be interesting for someone to invest small amount of money in cryptocurrencies?
Let's say I want to invest 200 EUR (~273 USD). What should I do?

1) Buy Bitcoins and keep them for years. But even if Bitcoin's value is multiplied by 10, I will have something like 2700 USD, which is good but this will be in a few years (and a "one time only" result), so it's not really interesting.
2) Buy Bitcoins or alt coins and sell/buy on exchanges. But because I only have a few amount of coins, it will take a lot of sell/buy transactions to win something interesting. And it means that I can easily lost everything if I made a wrong offer.
3) Choose a number of cryptocurrencies (let's say the 5 most known), then buy somes coins on each. I wait, and if one has a great value's increase, I convert them to EUR back.
4) Do nothing : investing small amount of money in bitcoin/altcoins is not interesting
5) Something else. Any tips/help?

(I'm paying electricity, so mining is not interesting for me).
Thanks in advance for your help

[mprep]

Thanks for the info.  Now I officially have around 10 doge-s in my pc wallet. Will be researching more in the mining department and see what's best.

Do you think there could be a future for scrypt coins where they would value much more than now ?

How can I make sure that the money in my pc wallet won't disappear ? (I've heard many persons getting scammed )

Always keep it offline. Best protection from any malware trying to steal your wallet.

[ownage18]

Good to know

[shanem]

Invest in dogecoin
Dogecoin will go up as it is quite popular.