Author

Topic: A warning about Alt-Coins - page 143. (Read 901725 times)

full member
Activity: 448
Merit: 130
3D-Printing goes Blockchain!
May 23, 2013, 08:10:33 PM
I'm new to mining and I' just published a site/page that shows all the current coins and their values by your hashrate.  It is at http://www.WhereToMine.com  ...
I'm interested in getting opinions on it - seeing that I just published it yesterday!  I built the page because I couldn't find anything that showed this (well, on a single page).


The SHA hash rate only triggers BTC calculations, the other SHA coins aren't calculating when I hit the button.

Cool site though.

I've updated the page so that SHA-256 hashrates are applied to all SHA coins and scrypt to all others.
full member
Activity: 308
Merit: 100
May 23, 2013, 07:55:51 PM
btc is the best!
full member
Activity: 448
Merit: 130
3D-Printing goes Blockchain!
May 23, 2013, 07:53:48 PM
thanks!

Yeah, I've only set SHA to be for BTC... scrypt hash rates for the others.
I'll have to see which other's use SHA and have it calculate it accordingly.

Thanks again for taking a look!
legendary
Activity: 966
Merit: 1004
Keep it real
May 23, 2013, 07:26:50 PM
I'm new to mining and I' just published a site/page that shows all the current coins and their values by your hashrate.  It is at http://www.WhereToMine.com  ...
I'm interested in getting opinions on it - seeing that I just published it yesterday!  I built the page because I couldn't find anything that showed this (well, on a single page).


The SHA hash rate only triggers BTC calculations, the other SHA coins aren't calculating when I hit the button.

Cool site though.
full member
Activity: 448
Merit: 130
3D-Printing goes Blockchain!
May 23, 2013, 07:21:56 PM
I'm new to mining and I' just published a site/page that shows all the current coins and their values by your hashrate.  It is at http://www.WhereToMine.com  ...
I'm interested in getting opinions on it - seeing that I just published it yesterday!  I built the page because I couldn't find anything that showed this (well, on a single page).
newbie
Activity: 15
Merit: 0
May 23, 2013, 06:19:59 PM
Guys just understand there is ALOT of market manipulation in trading with alt-coins... keep your eyes and ears open as the cream rises to the top. It seem at least open source projects at least have some level of trust.
full member
Activity: 196
Merit: 100
Google/YouTube
May 23, 2013, 04:55:01 PM
These altcoins are so boring... someone should release something more interesting.

Like a coin that is trying to get to outer space? Or create it's own village?
full member
Activity: 210
Merit: 100
May 23, 2013, 04:54:16 PM
These altcoins are so boring... someone should release something more interesting.
full member
Activity: 196
Merit: 100
Google/YouTube
May 23, 2013, 04:11:58 PM
Devcoin sponsors art, development, writing, music and cancer treatment Smiley
full member
Activity: 162
Merit: 100
May 23, 2013, 03:58:54 PM
WDC is great now!
I've started mine it now Smiley

+1 Grin
member
Activity: 111
Merit: 10
May 23, 2013, 09:49:53 AM
Well, what makes ALT coins risky is also what makes ALT coins potentially profitable. High risk...high potential gain...or loss.  To me, ALT coins are much more exciting than trading BTC or LTC. I can make or lose 10x in 1 day vs what would take weeks or months with BTC.

legendary
Activity: 966
Merit: 1004
Keep it real
May 23, 2013, 09:28:27 AM
Competition is a good thing. There's room for multiple successful crypto currencies, and competition will weed out the ones that have flaws.

The problem is most are just clones of BTC that really offer nothing new.

The ones that offer nothing shouldn't gain much traction and will die off. I haven't invested any time or money into the alt-coin currencies, but I don't see them as a threat either. It is possible that some will provide good concepts which can either cause the currency to take off on its own or the benefits could be added to BTC in the future.

I don't see them as a threat either.  There are definitely some good concepts out there.

I'm just trying to stop people from wasting time/money on new cryptos.  A lot of newbies don't know better and will end up doing it, I just want to help people by giving them a warning.
newbie
Activity: 14
Merit: 0
May 23, 2013, 09:23:29 AM
Competition is a good thing. There's room for multiple successful crypto currencies, and competition will weed out the ones that have flaws.

The problem is most are just clones of BTC that really offer nothing new.

The ones that offer nothing shouldn't gain much traction and will die off. I haven't invested any time or money into the alt-coin currencies, but I don't see them as a threat either. It is possible that some will provide good concepts which can either cause the currency to take off on its own or the benefits could be added to BTC in the future.
legendary
Activity: 966
Merit: 1004
Keep it real
May 23, 2013, 08:23:43 AM
Competition is a good thing. There's room for multiple successful crypto currencies, and competition will weed out the ones that have flaws.

The problem is most are just clones of BTC that really offer nothing new.
newbie
Activity: 14
Merit: 0
May 23, 2013, 07:54:52 AM
Competition is a good thing. There's room for multiple successful crypto currencies, and competition will weed out the ones that have flaws.
newbie
Activity: 11
Merit: 0
May 23, 2013, 07:09:08 AM
Well I just love the pump and dump, I increase my profit like 200% that way, don´t care about the alt coins more than that, but is true that one of them may be a boom some time
member
Activity: 69
Merit: 10
An independent miner.
May 23, 2013, 06:25:54 AM
Don't get scammed. Seems like it's pretty easy to sniff out a dishonest launch if you do a little homework.
sr. member
Activity: 288
Merit: 260
May 23, 2013, 06:13:39 AM
Thanks for the tips, very useful indeed  Wink
sr. member
Activity: 392
Merit: 250
May 23, 2013, 04:55:34 AM
Who is buying all those crapcoins? Tell me !
hero member
Activity: 531
Merit: 500
AMD | Mining | NVIDIA
May 23, 2013, 12:22:55 AM
Thanks for the heads up
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