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Topic: A warning about Alt-Coins - page 133. (Read 901725 times)

full member
Activity: 266
Merit: 100
NXT is the future
June 07, 2013, 02:33:35 AM
great info thank you for sharing

kind regards
pinarello
newbie
Activity: 40
Merit: 0
June 07, 2013, 01:35:21 AM
Anyone join this pool Silverwolf's WDC Pool [BETA] for World Coins?  I just joined today.

http://silverwolf.ath.cx/wdc/index

I was actually going to mention WorldCoins because I think that of all Alt-coins, this seems like one that would be accepted widely and gain traction. I do like the the LTC and have actively been collecting both them and NMC to trade for BTC while the value for BTC is still decent. Thanks for the advice on scammers guys and gals. I am still newb and don't know all the ins and outs. Hopefully I will be a rich vet one day...
Already would be if I had kept mining BTC 3 yrs ago...whoops lol.
newbie
Activity: 8
Merit: 0
June 06, 2013, 10:31:33 PM
so many alt coins!

which ones to choose from, which ones to mine?

newbie
Activity: 18
Merit: 0
June 06, 2013, 10:22:33 PM
Anyone join this pool Silverwolf's WDC Pool [BETA] for World Coins?  I just joined today.

http://silverwolf.ath.cx/wdc/index
newbie
Activity: 26
Merit: 0
June 06, 2013, 09:29:20 PM
Is anyone actually keeping track of all the ALT coins around?

It would be interesting to see a full list and some stats.

(But also a lot of work to create and maintain)

I have found this site useful, but it is only keeping track of a few:

dustcoin.com/mining

newbie
Activity: 26
Merit: 0
June 06, 2013, 09:27:24 PM
And PPCoin? Really? Sorry, I think it's got good ideas and actually adds something to the field, but I refuse to call it anything other than PeerCoin. And anyone who isn't actively trying to kill it ought to call it PeerCoin (or ANYTHING other than Peepeecoin).

I'm sure many are thinking the same thing.   

I can't help but snicker at it, sometimes.

 Cheesy
full member
Activity: 140
Merit: 100
June 06, 2013, 07:35:27 PM
Yeah, clearly most altcurrencies have a very short shelf-life. Ultimately in order to have any value, people will need to be able to trade them for actual goods and services, which means we're talking BTC. LTC to a much smaller degree, but most currencies can't be traded except for other currencies which means they will disappear when people lose interest or faith.

This is NOT an indication that DGC has legs, but I was impressed to see that the developer behind DGC, after launching it a couple weeks ago, set up an ebay-like site for exchanging real things ( http://dgcmarket.com/ ). I'm NOT endorsing it and I have no idea if it is a scam or not, but if it's legit, it is the sort of thing that will give a currency value independent of riding BTC's coattails. Even if it is a scam, it's the SORT of thing that will give a currency independent value.

One thing I've been thinking about is whether a coin can get adoption by people other than miners and speculators, and I've got to wonder: why do so many altcurrencies come with names that can only serve to undercut their value? I understand fully that LTC is the strongest and stablest other than BTC, but how will we ever get ordinary citizens to use "Money Lite"? Less filling is NOT what I want in a currency.

I know that's no substantive argument against LTC, but value is all about perception. Why start your career with a label that will turn people off?

And PPCoin? Really? Sorry, I think it's got good ideas and actually adds something to the field, but I refuse to call it anything other than PeerCoin. And anyone who isn't actively trying to kill it ought to call it PeerCoin (or ANYTHING other than Peepeecoin).
newbie
Activity: 42
Merit: 0
June 06, 2013, 07:20:46 PM
and again me! sorry again!

Shame on u!  (5th post achieved) Cheesy
newbie
Activity: 27
Merit: 0
June 06, 2013, 05:58:58 PM
and again me! sorry again!
newbie
Activity: 27
Merit: 0
June 06, 2013, 05:57:17 PM
It is interesting! I wrote it because i have post 5 times until can send PM. Sorry.
newbie
Activity: 13
Merit: 0
June 06, 2013, 02:29:28 PM
I don't see any of the present day altcoins 2-3 years from now... not even LTC...  Sad
newbie
Activity: 6
Merit: 0
June 06, 2013, 08:12:05 AM
Thank you for the useful info!

I understand now, why are so many altcoins do exist...  Grin
hero member
Activity: 575
Merit: 500
The North Remembers
June 06, 2013, 06:34:15 AM
You can use Namecoins to buy and register Domains.
Currently, the only domain you can use with Namecoins is .bit.

It's more than that. When ICE or DHS seizes a website they grab the DNS for the domain. Namecoin is a distributed DNS system that can't be seized.
newbie
Activity: 10
Merit: 0
June 06, 2013, 06:16:00 AM
You can use Namecoins to buy and register Domains.
Currently, the only domain you can use with Namecoins is .bit.
full member
Activity: 281
Merit: 100
June 06, 2013, 01:11:20 AM
Namecoins still confuse me...  You use them as domain names?
member
Activity: 70
Merit: 10
June 05, 2013, 09:57:31 PM
On the DGC mining wagon as well, sitting at around the 200 coin mark.

Happy days indeed if BTC-e can add it.
sr. member
Activity: 322
Merit: 250
June 05, 2013, 08:48:30 PM
DGC is on fire right now. I just picked up 1000 coins.

I also picked up a few HYC in case.

I've also set my miners to mine DGC and HYC. Let's see what happens. I plan on converting half to LTC for stability and gambling on the other half that the coins will make it.
newbie
Activity: 25
Merit: 0
June 05, 2013, 03:30:05 PM
Firstly,

Hi.

Secondly.

BTC forever.
newbie
Activity: 6
Merit: 0
June 05, 2013, 02:05:12 PM
This was a real helpful post, unfortunately I fell victim to a wallet stealer as well for $400 USD Sad....well not technically a wallet stealer but I had went to some TOR website and apparently someone was able to do a JAVA-ish type drive-by on me and I was on MtGox at the time and they were able to steal my wallet just based on my cookie info.  I guess sometimes the best lessons have to be learned the hard way.

Did you use something other than the packaged TOR browser?  Java should be disabled.

That's why I said Java-ish, I'm not really sure at all.  All I know for sure is after visiting the site I felt something was wrong with my computer, but unfortunately didn't act on it and next thing you know my rent money I had made was drained from my MtGox account.
legendary
Activity: 966
Merit: 1004
Keep it real
June 05, 2013, 01:54:00 PM
This was a real helpful post, unfortunately I fell victim to a wallet stealer as well for $400 USD Sad....well not technically a wallet stealer but I had went to some TOR website and apparently someone was able to do a JAVA-ish type drive-by on me and I was on MtGox at the time and they were able to steal my wallet just based on my cookie info.  I guess sometimes the best lessons have to be learned the hard way.

Did you use something other than the packaged TOR browser?  Java should be disabled.
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