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Author Topic: New to altcoins  (Read 503 times)
erikalui (OP)
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February 09, 2015, 09:44:16 AM
 #1

I am new to altcoins and have read that it is a good crypto currency. I found a faucet list as well from where I can earn altcoins: https://bitcointalk.org/index.php?topic=910196.0

However, which wallet is good for altcoins and what is the worth of altcoins in terms of BTC or USD?

caga
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February 09, 2015, 09:49:28 AM
 #2

I am new to altcoins and have read that it is a good crypto currency. I found a faucet list as well from where I can earn altcoins: https://bitcointalk.org/index.php?topic=910196.0

However, which wallet is good for altcoins and what is the worth of altcoins in terms of BTC or USD?

Every altcoin has its own wallet. You might want to just use an exchange as an altcoin wallet if you are not looking  to buy /get a large amount.
ANN pages usually have links for downloading the wallets.

erikalui (OP)
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February 09, 2015, 09:56:07 AM
 #3

I am new to altcoins and have read that it is a good crypto currency. I found a faucet list as well from where I can earn altcoins: https://bitcointalk.org/index.php?topic=910196.0

However, which wallet is good for altcoins and what is the worth of altcoins in terms of BTC or USD?

Every altcoin has its own wallet. You might want to just use an exchange as an altcoin wallet if you are not looking  to buy /get a large amount.
ANN pages usually have links for downloading the wallets.

Thanks for telling. I just went through the faucet list and most are for bitcoins and satoshis and the allet usd is Xapo which I already own. I can't get which is for earning altcoins and the price of altcoins as well.

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February 09, 2015, 10:08:30 AM
 #4

I am new to altcoins and have read that it is a good crypto currency. I found a faucet list as well from where I can earn altcoins: https://bitcointalk.org/index.php?topic=910196.0

However, which wallet is good for altcoins and what is the worth of altcoins in terms of BTC or USD?

Every altcoin has its own wallet. You might want to just use an exchange as an altcoin wallet if you are not looking  to buy /get a large amount.
ANN pages usually have links for downloading the wallets.

Thanks for telling. I just went through the faucet list and most are for bitcoins and satoshis and the allet usd is Xapo which I already own. I can't get which is for earning altcoins and the price of altcoins as well.

Altcoins are different coins. There are Dogecoin, Litecoin, Monero, Darkcoin, Magicoin, MaidSafe and a couple thousands of other coins.
Bitcoins are like Dollar and satoshi is like cents (more or less).
You can see for example Darkcoin like Euro, Monero like Pound and so on.
Each different type of coin needs a different type of wallet (in the same way you can't have Dollars and Euro in the same bank account).
Which altcoin has a future and which doesn't... that's a very big debate, really, and you will have to decide for yourself which to invest into.

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February 09, 2015, 10:09:15 AM
 #5

I am new to altcoins and have read that it is a good crypto currency. I found a faucet list as well from where I can earn altcoins: https://bitcointalk.org/index.php?topic=910196.0

However, which wallet is good for altcoins and what is the worth of altcoins in terms of BTC or USD?

Every altcoin has its own wallet. You might want to just use an exchange as an altcoin wallet if you are not looking  to buy /get a large amount.
ANN pages usually have links for downloading the wallets.

Remember that exchanges can't be trusted with large funds though. Try to have them on a safer wallet most of the time.

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February 09, 2015, 10:12:21 AM
 #6

what is the worth of altcoins in terms of BTC or USD?

http://cryptmarketcap.com/
erikalui (OP)
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February 09, 2015, 10:36:54 AM
 #7


Altcoins are different coins. There are Dogecoin, Litecoin, Monero, Darkcoin, Magicoin, MaidSafe and a couple thousands of other coins.
Bitcoins are like Dollar and satoshi is like cents (more or less).
You can see for example Darkcoin like Euro, Monero like Pound and so on.
Each different type of coin needs a different type of wallet (in the same way you can't have Dollars and Euro in the same bank account).
Which altcoin has a future and which doesn't... that's a very big debate, really, and you will have to decide for yourself which to invest into.

Thanks dear for telling. I thought Altcoins are a different crypto currency but yes I am familiar with Dogecoins and I guess even Zippcoins are known as Altcoins. Each with a different value.

Dogecoin's value is decreasing but it has a better future I guess.

erikalui (OP)
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February 09, 2015, 10:44:27 AM
 #8


Remember that exchanges can't be trusted with large funds though. Try to have them on a safer wallet most of the time.

Yeah that's true. Xapo is good. I accumulate mostly only 1000 bits of any altcoin and then exchange it. the price fluctuates a lot and it won't be worth if I would keep accumulating a lot.

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February 09, 2015, 11:01:13 AM
 #9

I love all the altcoins out there....but I like to use btc...ltc and doge mostly

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Arnab biswas
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February 09, 2015, 11:02:14 AM
 #10

dose xapo wallet can store the altcoins too

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erikalui (OP)
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February 09, 2015, 11:12:30 AM
 #11

dose xapo wallet can store the altcoins too

Yes. Xapo wallet holds bits and 1000 bits is approximately equal to $0.2 and 0.001 BTC. You get some bits free while joining too.

ranochigo
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February 09, 2015, 12:33:52 PM
 #12

dose xapo wallet can store the altcoins too

Yes. Xapo wallet holds bits and 1000 bits is approximately equal to $0.2 and 0.001 BTC. You get some bits free while joining too.
Xapo wallet does not allow the storage of our alt coins. You may have mistaken bits(0.000001BTC) for another altcoin. It is only a domination of Bitcoin like mbtc and satoshi.

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