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Topic: A warning about Alt-Coins - page 119. (Read 901725 times)

newbie
Activity: 7
Merit: 0
July 16, 2013, 02:23:33 PM
primecoin sounds interesting. I ran some projects on boinc - that looks somewhere the same, but in crypto style.
But for now, i see here no profit - only hobby intrest in harvest, harvest all coins  Grin
full member
Activity: 451
Merit: 100
July 16, 2013, 09:22:29 AM
If you can not convert altcoins into anything of value how and why would someone expect them to compete with an already established crypto-currency such as Bitcoin of which is increasingly gaining market adoption from anywhere to local pubs to ATM's?
member
Activity: 75
Merit: 10
July 15, 2013, 08:27:28 AM
This one seems to be one of the best modified clients for primecoins: https://github.com/mikaelh2/primecoin

I'm getting 2.5k primes on a intel quad core (Core 2 Quad) @ 3GHz, and had sub 1k figures with the official client
newbie
Activity: 18
Merit: 0
July 15, 2013, 07:21:28 AM
Anybody know which Client to use for primecoin mining?

They are a lot of modification done to the miner
so which is best now the original Version ?

thx
newbie
Activity: 14
Merit: 0
July 15, 2013, 07:14:25 AM
No doubt. I feel Primecoin is going to give us alot more worldwide exposure that we've needed. Hopefully more devs can build off this innovation
Alot Smiley
http://hyperboleandahalf.blogspot.ru/2010/04/alot-is-better-than-you-at-everything.html
newbie
Activity: 10
Merit: 0
July 13, 2013, 11:50:22 AM
Can I mine Primecoin on a Mac?
newbie
Activity: 3
Merit: 0
July 12, 2013, 02:33:34 PM
Primecoin being restricted to CPU mining at the moment doesn't really matter when you only pull at most 4000 PPS on a non-specialized computer, considering people have VPS clusters totaling 100k PPS. Hopefully a GPU miner will make VPS mining inefficient.
newbie
Activity: 8
Merit: 0
July 12, 2013, 01:16:30 PM
Primecoin for CPU-mining
newbie
Activity: 9
Merit: 0
July 12, 2013, 10:10:31 AM
good info thank you.
legendary
Activity: 966
Merit: 1004
Keep it real
July 11, 2013, 07:08:12 PM
This tysat guy is calling the coins pump and dumps while loading his boat full of them for their inevitable rise.  We are early to the alt coin market and he is the biggest manipulator of them all.  trying keep people afraid.  You should be ashamed Tysat for lying to teh noobs.

I don't touch altcoins (except for namecoin) because they're a waste of time.
hero member
Activity: 868
Merit: 1000
July 11, 2013, 03:39:08 PM
This tysat guy is calling the coins pump and dumps while loading his boat full of them for their inevitable rise.  We are early to the alt coin market and he is the biggest manipulator of them all.  trying keep people afraid.  You should be ashamed Tysat for lying to teh noobs.
newbie
Activity: 14
Merit: 0
July 11, 2013, 01:33:26 AM
is there some kind of multwallet available for at leat the most important altcoins? i dont like the idea of using exchange adresses.
member
Activity: 129
Merit: 12
July 11, 2013, 01:28:14 AM
We need better exchanges. Each one is so different from each other its crazy. But I like Cryptsy and Coins-E the best.

+1 - Those two are  inarguably the best
newbie
Activity: 8
Merit: 0
July 10, 2013, 10:05:53 PM
The only alt coin that has really picked up is ltc
legendary
Activity: 2044
Merit: 1005
July 10, 2013, 02:07:32 PM
I believe in Primecoin  Grin

I see the value in Primecoin in bringing some attention to Cryptocurrencies as a whole. If we can make it that all the computer power has actually some "scientific purpose"  Grin

No doubt. I feel Primecoin is going to give us alot more worldwide exposure that we've needed. Hopefully more devs can build off this innovation

Not sure, may just fail because of the name. Maybe I'm biased but it sounds like a name where it was a task just to come up withs omething that didn't exist already rather than try to implement a name that truly represented the idea behind the concept.
newbie
Activity: 9
Merit: 0
July 10, 2013, 09:42:12 AM
I believe in Primecoin  Grin

I see the value in Primecoin in bringing some attention to Cryptocurrencies as a whole. If we can make it that all the computer power has actually some "scientific purpose"  Grin

No doubt. I feel Primecoin is going to give us alot more worldwide exposure that we've needed. Hopefully more devs can build off this innovation
newbie
Activity: 1
Merit: 0
July 10, 2013, 08:01:35 AM
I believe in Primecoin  Grin

I see the value in Primecoin in bringing some attention to Cryptocurrencies as a whole. If we can make it that all the computer power has actually some "scientific purpose"  Grin
newbie
Activity: 29
Merit: 0
July 09, 2013, 07:16:04 PM
I believe in Primecoin  Grin
full member
Activity: 227
Merit: 100
July 08, 2013, 11:26:18 PM
 1)  Which alt-coin currently has a high SHORT TERM value (over 6 months from now) and why?

  2)  Conversely, which alt-coin has a high LONG TERM value (over 1 year from now) and why?

  3)  How can I use guiminer-scrypt for P2P mining? Am I just dumb..?

Thank you all in advance!

EDIT:

Also, does anyone have any ideas as to why Bitcoin's value is down to $ 65 USD Huh

1 & 2 - IMO Value would depend on if you plan to mine the coin or buy into the coin as an investment.  

I believe Litecoin is easily the best alt coin to buy as an investment DEPENDING on MT Gox accepting it on their exchange or not.  (If you're a gambler you could buy into the coin before their announcement...).  I think Litecoin has a bright future as a legit crypto currency.

Mining Litecoins is a different story though.  The difficulty is already too high for a standard GPU card to mine it (unless you mine at a loss (investment in hardware + electricity) and hope the coin will be worth more in the future).  And really if you think the coin will be worth something in the future you might as well just buy them since they're WAY cheaper than even the most inexpensive hardware ($300 will get you one graphics card that will mine 2 cents worth of Litecoins for you every 4 hours, or just buy 125 Litecoins).  Basically if you want to mine LTC wait till specialized hardware is available.

3 - No idea man.  Every "tutorial" I've seen says "type this" (ok.. where?!), "then save it" (save it as what, and WHERE?!).  Finding a noob friendly script mining tutorial (to mine BTC or LTC) has been harder than getting a straight answer from BFL about shipment timings.
full member
Activity: 136
Merit: 100
July 08, 2013, 07:49:28 PM
I have downloaded a few different ones and they do not work well with windows 8. The miners work fine though I just seem to have issues with the wallets.
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