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Topic: A warning about Alt-Coins - page 124. (Read 901725 times)

newbie
Activity: 2
Merit: 0
June 23, 2013, 10:17:47 PM
You can use Namecoins to buy and register Domains.
Currently, the only domain you can use with Namecoins is .bit.
newbie
Activity: 2
Merit: 0
June 23, 2013, 09:25:30 PM
Too many coins are getting launched ... not sure if even one of them will actually take off Cheesy
newbie
Activity: 2
Merit: 0
June 23, 2013, 09:24:39 PM
There is really no point to the alt-coins that are out there. Do any of the provide a better standard? If so the people will switch but all I can see as of now are variations of bitcoin.
hero member
Activity: 824
Merit: 712
June 23, 2013, 09:02:12 PM
There is no point to alt coins.  They are all ponzi schemes.  Everyone missed the boat on Bitcoin and figure they have another chance with an alt.  Not gonna happen.
newbie
Activity: 2
Merit: 0
June 23, 2013, 08:59:08 PM
There is not really a point to the alt-coins that are out there. Do any of the provide a better standard? If so the people will switch but all I can see as of now are variations of bitcoin.
full member
Activity: 202
Merit: 100
June 23, 2013, 03:05:35 PM
There's a lot of hate on here to LTC, but that's mainly because the old-timers bought or mined there BTC @ sub $10 - so frankly, they've all gone crazy. They got rich so fast that there brains are gone.  LTC doesn't really figure in this world.
newbie
Activity: 9
Merit: 0
June 23, 2013, 06:37:52 AM
Thank you, great advice!
member
Activity: 67
Merit: 10
June 23, 2013, 06:22:35 AM

I know this is a noob question, so it gets stuck in the noob board.

I mine ltc with Bitminter, and I collect shares. So my question is, as the difficulty rises, is it harder to get shares, or does it take more shares to uncover the block?
Im sorry how to you mine ltc with bitminter?
newbie
Activity: 2
Merit: 0
June 22, 2013, 11:34:41 PM

I know this is a noob question, so it gets stuck in the noob board.

I mine ltc with Bitminter, and I collect shares. So my question is, as the difficulty rises, is it harder to get shares, or does it take more shares to uncover the block?
newbie
Activity: 2
Merit: 0
June 22, 2013, 11:09:47 PM
There seem to be a lot of features which can be implemented in an alt coin which are not immediately obvious.

The Bitcoin protocol is quite robust - but if an implementation comes along with a killer new feature it could take over.
newbie
Activity: 21
Merit: 0
June 22, 2013, 11:02:48 PM
It would be great if bitpay, or whomever that "pay with bitcoins" button comes from, offered a service where you could exchange alts on the fly for BTC, and/or allow merchants to accept alts.
legendary
Activity: 2044
Merit: 1005
June 22, 2013, 10:36:00 PM
So on BTC-e someone PM'd me about Devcoin. I had heard of it before but I don't know the slightest thing about it. Does anyone know the story of this? Could it be successful? The DVC chart seemed to mirror the chart of PPC and LTC. Just looking for some useful information on whether this is a wise investment or not.

Dvc is great it will be successful because of its idea. The controlled supply infinite supplynwill actually help in the long run to mass adoption. As soon as it becomes appealing it will fly in value very very fast such that there will be only a few early adopters which are now at these low prices.

Opensource community hasnt caught in yet.
full member
Activity: 364
Merit: 100
June 22, 2013, 05:12:37 PM
So on BTC-e someone PM'd me about Devcoin. I had heard of it before but I don't know the slightest thing about it. Does anyone know the story of this? Could it be successful? The DVC chart seemed to mirror the chart of PPC and LTC. Just looking for some useful information on whether this is a wise investment or not.

Devcoin comes free with bitcoin mining if you use a pool that merge-mines it, such as mmpool.bitparking.com

But it's pretty worthless.
full member
Activity: 364
Merit: 100
June 22, 2013, 05:11:34 PM
I have been mining bitcoin for a bit.   Looking into trying Litecoin.   

What pool do you guys suggest?   I like PPS but am open if there is one that seems to be fair fees.

I like WeMineLTC.com
full member
Activity: 364
Merit: 100
June 22, 2013, 05:10:15 PM

Given the current state of ASICMiner, what are everyone's thoughts on investing in it at the current price for alt currency mining? I have 50 BTC that I bought a long time ago and I'm looking to get something out of it.

If I had 50 BTC from a long time ago that I was looking to get something out of, I'd cash out.  Wink
member
Activity: 67
Merit: 10
June 22, 2013, 04:44:42 PM

Given the current state of ASICMiner, what are everyone's thoughts on investing in it at the current price for alt currency mining? I have 50 BTC that I bought a long time ago and I'm looking to get something out of it.
Diversify your portfolio...
AsicMiner is good...
mining is good....
Asics are good...

till any one of them stops being good...
newbie
Activity: 8
Merit: 0
June 22, 2013, 03:59:21 PM
GPU will die very...very soon.  IF you are going to invest in them..id say mine LTC could be profitable once they go up a little in price.

ORRR you could buy my asic preorder ha Smiley
newbie
Activity: 20
Merit: 0
June 22, 2013, 02:00:59 PM
Do you think it might be a good idea for an alt currency for online poker rooms? Would be hard to mine, but traded openly on poker/casino sites. Or do we have to have a market first? A litecoin base would be good, due to the quick transactions. I could see a market for it, since it would take so long to mine, people who play the games could just purchase the chips from the online casino or eachother. Any thoughts on this, or a waste of time?
newbie
Activity: 20
Merit: 0
June 22, 2013, 02:00:13 PM
Do you think it might be a good idea for an alt currency for online poker rooms? Would be hard to mine, but traded openly on poker/casino sites. Or do we have to have a market first? A litecoin base would be good, due to the quick transactions. I could see a market for it, since it would take so long to mine, people who play the games could just purchase the chips from the online casino or eachother. Any thoughts on this, or a waste of time?
newbie
Activity: 2
Merit: 0
June 22, 2013, 01:52:12 PM
I am new to all coins but it seems as if some sites such as bitminter also has me mining for Namecoins and items like the macminer is having me mine Litecoins. So I am wondering what coin should I be mining with Bitcoin?
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