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Topic: A warning about Alt-Coins - page 29. (Read 901729 times)

newbie
Activity: 6
Merit: 0
January 01, 2014, 10:01:39 PM
As a software developer, I typically write software for the Microsoft Windows platforms  (.net  c#)  and some other languages that work on linux/unix platforms , but I'm really glad that Microsoft Windows has a monopoly otherwise trying to code for 1,000 operating systems would be pretty insane.

One can argue that the java,php,python etc.. can be can done on all the flavors of linux and unix and still work as they have a common OS structure thus just because there are dozens of flavors of linux doesn't affect the ability to run various software desktop and web that are built to run on these platforms.

The reason I bring this analogy up is just thinking about the endless amount of coins getting made.   It seems that Bitcoin will dominate for quite some time and 2014 and 2015 ,  will Bitcoin his $10,000 / USD ,  there is always the talk about how to deal with the fractions of worth. 

I use google news on my iphone and i watch /read all the news headlines that is pulls daily on bitcoin.  Dogecoin certainly hit the news.  Will it ever surpass bitcoin,  the name itself just makes it a joke.  I like it, it is funny but what future does it hold?    I recently went to coinedup and got  TIPS  which is Fedora Coin ,  It is nice to buy something for so cheap and hope for it to go up along with mining for coins.

Will Bitcoin go up dramatically in value in 2014 or down a lot?
Will the Litecoin, namecoin, peercoin  shoot up a ton in value?   I hope so..
Ripple -- interesting ...

I do think some coins have good names    WorldCoin, EarthCoin ....  those just seems like great names for the long run.....

DevCoin and Quark are pretty neat, but at what point will these fizzle , or find their niche etc...

hero member
Activity: 795
Merit: 500
Name change soon (hopefully)
January 01, 2014, 08:23:32 PM
Everyone can make an alt coin nowadays right? There are some quite detailed guides out there.
newbie
Activity: 6
Merit: 0
January 01, 2014, 06:39:49 PM
Any chance we can identify those alt coins that are potentially scams/wallet stealers?  Might be very helpful if we can post it on this board.  I'm a newb btw and I intend to make good use of this board.

At first we should ignore all premined things.

Also, It's would be great, If someone give me rights to post in another boards. Thanks.
newbie
Activity: 15
Merit: 0
January 01, 2014, 06:15:41 PM
Hi,

new to this forum, and to the crypto currency-world in general.
I've been browsing around, trying to find an answer to this, feel free to tell me off if I haven't looked hard enough, being a newbie and all ^^

So, all these giveaways and easy to get altcoins that are posted on this forum, what do I have to do to retrieve correct addresses to apply for the hand outs?

Is it necessary to download software for each coin, to get a wallet address, or is there some service out there able to generate different wallets on one account?

I've been looking at some of the altcoin giveaways, and it seems tempting, of course, with these freebies. But it seems very tedious and dangerous to download software for each different currency. So far I could only see .exe files as well, with no online wallet alternatives.

So.. just wondering if there is some service that I don't know of, with online wallets for a bunch of currencies, or if the idea is to download software for each new currency?
hero member
Activity: 795
Merit: 500
Name change soon (hopefully)
January 01, 2014, 05:47:59 PM
alt coins can become useful, I think, if people start accepting them for services or goods. That's all that is missing.

That's the whole point of bitcoin isn't it? that's nothing different, alt coins could only become useful if they add something useful, that simple.
hero member
Activity: 546
Merit: 500
PGP 9CB0902E
January 01, 2014, 04:17:53 PM
Any chance we can identify those alt coins that are potentially scams/wallet stealers?

+1
newbie
Activity: 16
Merit: 0
January 01, 2014, 04:01:06 PM
Any chance we can identify those alt coins that are potentially scams/wallet stealers?  Might be very helpful if we can post it on this board.  I'm a newb btw and I intend to make good use of this board.
newbie
Activity: 1
Merit: 0
January 01, 2014, 03:54:59 PM
So what's the next new coin to mine? I tried to go mooncoin right from the beginning when it was released.... that was a big letdown Sad
Now I'm back on middlecoin until I find a new coin announcement.

We pre-launched NutCoin yesterday, you can mine it with a laptop CPU!


What's Nutcoin about/for exactly?

Ditto that.  What is a Nutcoin?  Or is this a joke?  I am mining mooncoin and particles at the moment.  Both brand new.   If they develop value, that would be cool.

Anyone have thoughts about mooncoin or particles?

Thanks
legendary
Activity: 1232
Merit: 1195
January 01, 2014, 02:48:47 PM
So what's the next new coin to mine? I tried to go mooncoin right from the beginning when it was released.... that was a big letdown Sad
Now I'm back on middlecoin until I find a new coin announcement.

We pre-launched NutCoin yesterday, you can mine it with a laptop CPU!


What's Nutcoin about/for exactly?
member
Activity: 98
Merit: 10
January 01, 2014, 02:38:37 PM
So what's the next new coin to mine? I tried to go mooncoin right from the beginning when it was released.... that was a big letdown Sad
Now I'm back on middlecoin until I find a new coin announcement.

I think dogecoin is still very profitable-
hero member
Activity: 521
Merit: 500
UFO
January 01, 2014, 01:24:03 PM
I dont think those alt coins are going anywhere. 99% of them are just the SAME. Only difference is name, number of confirmations per transaction and the total amount of coins to be issued. This is totally diluting the market, rendering every so called alt currency worth less and less.
Bitcoin emerged on top coz it was the ONLY currency back in the days. May not be the best or most secure currency but people put their money and computer power into it the most. Now with 8919612956 alt currencies each sharing a negligible market cap, how do you think thatll make any difference to your pocket? Cheesy

Those alt currencies should be used solely for amusement purposes. Dont get them too seriously...
newbie
Activity: 4
Merit: 0
January 01, 2014, 01:12:41 PM
Interesting points everyone. While I'd agree with many of the other posts in the past (and some I mean like page 1...) I'd have to say as an overall, big picture thinking, alt coins have a place. The idea of bitcoin is to be decentralized currency. Having just one would, IMHO make is centralized. Not because it's ran by any one group, but because their is no choice.  On a side note, I think it wise to use caution with brand new coins!


Happy New Year, Happy mining
member
Activity: 97
Merit: 10
January 01, 2014, 10:48:13 AM
So what's the next new coin to mine? I tried to go mooncoin right from the beginning when it was released.... that was a big letdown Sad
Now I'm back on middlecoin until I find a new coin announcement.

We pre-launched NutCoin yesterday, you can mine it with a laptop CPU!
newbie
Activity: 15
Merit: 0
January 01, 2014, 10:12:38 AM
I invested in the top 5 altcoins 1 month ago. They all lost value except for Litecoin. I agree with previous posters that it is just silly the amount of new coins coming out. They just dilute the market and actually make Bitcoin stronger because they have such little value. Right now Litecoin is the only legitimate altcoin.
I think altcoin prices will rise dramatically the next time Bitcoin prices go over $1000. That will make a good selling opportunity.
newbie
Activity: 1
Merit: 0
January 01, 2014, 08:34:36 AM
So what's the next new coin to mine? I tried to go mooncoin right from the beginning when it was released.... that was a big letdown Sad
Now I'm back on middlecoin until I find a new coin announcement.
newbie
Activity: 56
Merit: 0
January 01, 2014, 08:05:07 AM
Yes,there are quite a lot of alt coins and this makes the situation harder to predict.We will see what'll happen.
newbie
Activity: 9
Merit: 0
January 01, 2014, 07:02:46 AM
It's true that there's a huge saturation of alt coins in the market now, which is devaluting a lot of them.  It's hard to say which coins will gain in value in the future; sometimes you never know.


??
newbie
Activity: 17
Merit: 0
January 01, 2014, 06:14:34 AM
Alt-coins are probably a great way to get advertising income.
Make a 'new' coin, post about it all over the place, watch the ads roll out and the income roll in.
People (especially 'normal' people, not techies) are getting interested in digital coins, so why not try to take advantage of that?
I know that some people (myself included) use ad-blocking systems, but I doubt it's a large enough percentage to make much of a difference yet.

(  Oh, and by the way - apparently using the 'Preview' feature counts as a posting, so you have to wait 3 minutes after you preview your post before you can actually post it.    Undecided  )
newbie
Activity: 2
Merit: 0
December 31, 2013, 11:58:02 PM
I started mining with dogecoin because it was a laugh and by total accident ended up doing modestly well from it which lead me to have a little think about devoting a little of my time to the pursue of coins.

I like feathercoin for no rational reason at all.
jr. member
Activity: 53
Merit: 3
December 31, 2013, 11:53:03 PM
Regarding https://bitcointalk.org/index.php?topic=372136.0;all I seem to have installed everything properly on a digital ocean drop using ubuntu and when i start the daemon:
Code:
cd memorycoin/src && ./bitcoind --daemon && watch './bitcoind getinfo && ./bitcoind getmininginfo'
I get this error:
error: couldn't connect to server
but the daemon is clearly running what could be going on here?
thanks in advance
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