Look at peercoin or (PPCoin). There is a lot of hype about bitcoin, and lightcoin but there are some fundamental limits the technology. I think "smart" investors are starting to diversify. This video shows presents a good case for PPC in the long-term:
Bitcoin vs. Peercoin
http://www.youtube.com/watch?v=ZEgj_whkg08
I'd like to know what others think.
Topic: A warning about Alt-Coins - page 109. (Read 901725 times)
I like litcoin, moved a cuplt of BTC into it. Faster transaction time is a huge plus.
Is there anywhere I can earn Altcoins for writing, or reviews, or per word, or for articles, or for blogging?
Besides Devtome, Devtome is awesome but I would like to have another coin to wait on in between payments.
Besides Devtome, Devtome is awesome but I would like to have another coin to wait on in between payments.
Litecoin is the second most developed faucet wise. Still very skimpy though
Is there anywhere I can earn Altcoins for writing, or reviews, or per word, or for articles, or for blogging?
Besides Devtome, Devtome is awesome but I would like to have another coin to wait on in between payments.
How about work on some devcoin bounties while your waiting :p Besides Devtome, Devtome is awesome but I would like to have another coin to wait on in between payments.
Is there anywhere I can earn Altcoins for writing, or reviews, or per word, or for articles, or for blogging?
Besides Devtome, Devtome is awesome but I would like to have another coin to wait on in between payments.
Besides Devtome, Devtome is awesome but I would like to have another coin to wait on in between payments.
I did some LTC mining, but converted to BTC with BTC-e, worked out ok.
Almost all of the alt-coins out there are going to be a waste of time. They're being created to take advantage of people who get super excited about different things and then get pumped and dumped.
Be careful about wasting time with too many alt coins.
Be careful about downloading files, seems like there's plenty of wallet stealers around hidden as alt coin miners.
Seen some more of this recently, so wanted to highlight the point.
Here's some good info from later in the thread:
Be careful about wasting time with too many alt coins.
Be careful about downloading files, seems like there's plenty of wallet stealers around hidden as alt coin miners.
Seen some more of this recently, so wanted to highlight the point.
Here's some good info from later in the thread:
1) Don't just trust the status of a member, anyone can write 500 posts and be a hero member in a short period. This just means that he invested some time on his membership. He can always decide that a profitable scam will be a good payment for his time.
2) Never deal with anyone without doing a search in the forum with his nickname, in order to check if he has scam accusations.
3) Ask for his coin address and always search it on blockchain.info or www.cryptocoinexplorer.com to verify if his address has the amounts he is claiming.
4) Be very suspicious about proposals well under market price or if he accepts your proposal under market price with no negotiation.
5) Look for the reputation of the member (his successful trades, in the form of vouches from the other party on the deal).
6) Even if he has some reputation, never send all the money in one transfer: send one first very small tranche (0.1 btc might be a good start) and wait for his payment. Send a second little higher tranche and wait again, etc. Small increments, because he might decide to pay you the first and second, to scam a bigger tranche. Always suspect if he doesn't accept to trade in small tranches.
7) If he has no reputation (including most cases when he is a newbie or a Jr.), even small tranches are a risk. Better use an escrow system, like the one of bitmit.net, or a trusted member, or you might need to send over 10 very small tranches. It can be annoying, but loosing your money will be more.
8] For big amounts always use an escrow system, unless the member has an excellent reputation.
Since this thread is a sticky, I decided to post this here. Any moderator or member feel free to move, copy or improve these rules at will.
2) Never deal with anyone without doing a search in the forum with his nickname, in order to check if he has scam accusations.
3) Ask for his coin address and always search it on blockchain.info or www.cryptocoinexplorer.com to verify if his address has the amounts he is claiming.
4) Be very suspicious about proposals well under market price or if he accepts your proposal under market price with no negotiation.
5) Look for the reputation of the member (his successful trades, in the form of vouches from the other party on the deal).
6) Even if he has some reputation, never send all the money in one transfer: send one first very small tranche (0.1 btc might be a good start) and wait for his payment. Send a second little higher tranche and wait again, etc. Small increments, because he might decide to pay you the first and second, to scam a bigger tranche. Always suspect if he doesn't accept to trade in small tranches.
7) If he has no reputation (including most cases when he is a newbie or a Jr.), even small tranches are a risk. Better use an escrow system, like the one of bitmit.net, or a trusted member, or you might need to send over 10 very small tranches. It can be annoying, but loosing your money will be more.
8] For big amounts always use an escrow system, unless the member has an excellent reputation.
Since this thread is a sticky, I decided to post this here. Any moderator or member feel free to move, copy or improve these rules at will.
thanks for the tip
hello all , i am totaly new in this hole coinworld but i want to start mining , very inteested , i have an radeon 7770 so i now it is not for bitcoins , but wich coin have the most change to grow ? ,
by the way i am using my cpu for mining kingcoin , is that safe , i read things about walletsteelers?
by the way i am using my cpu for mining kingcoin , is that safe , i read things about walletsteelers?
I have been hoarding XPM. I have 10 VPS running atm and a 3570k rig at home. Hopefully the price moves up again. My last trade was for .014 btc per xpm.
From reading some of this thread it looks like LTC and FTC and XRP are the way to go, in that order. I understand why LTC is getting accepted, but not really FTC. Can anyone explain?
It seems LTC is a faster version of BTC with higher total volume and protection from asic mining. I can understand those advantages but why is FTC not percieved as just another alt coin? I need to read in to FTC more, but from the surface I cant really see what jumps out as its competitive edge.
It seems LTC is a faster version of BTC with higher total volume and protection from asic mining. I can understand those advantages but why is FTC not percieved as just another alt coin? I need to read in to FTC more, but from the surface I cant really see what jumps out as its competitive edge.
Yeah... I think it's just devs who want their coin to be a success and get rich quick
Under normal circumstances, the get rich quick part may be a tall order. The only way to get there is to manipulate markets, or somehow achieve a high degree of acceptance for b2b and b2c transactions. I don't see that happening.
Yeah... I think it's just devs who want their coin to be a success and get rich quick
Thanks for the warning
Thanks for the warning. I don't have altcoins now. I hope I get them one day.
I just took some of the free cryptogenic bullion from that thread. still haven't received it though. i have to admit, my main idea with it is just to convert it to bitcoin.
thx for the infos
Its not just http://www.coinwarz.com/.
Try also
http://www.wheretomine.com/
http://www.coinchoose.com/
or even
http://coinpolice.com/
the first two seems better than the police one
Try also
http://www.wheretomine.com/
http://www.coinchoose.com/
or even
http://coinpolice.com/
the first two seems better than the police one
I think only alt coins who could survive are the ones with a real business plan, it's not just about protocols.
Money should be neutral, not have a business plan.Monies have business plans... its... part of their life. You should ask your bitcoins what their business plans are, see if you are in their plans.
Thanks for the info ~~~
I think only alt coins who could survive are the ones with a real business plan, it's not just about protocols.
You can use http://www.coinwarz.com to see up-to-date mining profitability charts that compare all the actively traded cryptocurrencies. There's always a lot of fluctuation in which is the top cryptocurrency every day, and it's caused by the constant flip-flopping of miners. Personally, I'd recommend picking a few currencies that you think could do well, and go with them. If you have the hash power, Litecoins are very stable in their profitability.
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