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Topic: A warning about Alt-Coins - page 38. (Read 901729 times)

legendary
Activity: 2912
Merit: 6403
Blackjack.fun
December 26, 2013, 01:18:54 PM
man doge got hacked.  i just read online.  security on coins def needs to be worked on. 

How can a protocol get hacked? Care to point the source of this info?
newbie
Activity: 35
Merit: 0
December 26, 2013, 01:04:11 PM
man doge got hacked.  i just read online.  security on coins def needs to be worked on. 
newbie
Activity: 7
Merit: 0
December 26, 2013, 12:27:40 PM
Alt coins can become useful, I think, if people start accepting them for services or goods. That's all that is missing.
How I wish that all this will be true it will benefits all small time altcoins miners
newbie
Activity: 6
Merit: 0
December 26, 2013, 12:17:32 PM
anyony mining WDC Huh
newbie
Activity: 28
Merit: 0
December 26, 2013, 11:35:38 AM
anyone got any hayek -coin ?
member
Activity: 84
Merit: 10
December 26, 2013, 11:03:15 AM
Based on this article today on Marketwatch if there was an alt coin say CRD coin for Crude oil trading it would be an instant hit.   It stands to reason that an instantly traded currency would rule this fast paced marketplace.   To me this is a real world marketplace that stands to benefit from such a perfect trading apparatus.


There has been speculation for months about whether bitcoins might be accepted as legal tender by a major developed nation, whether the Chinese will accept them, or whether big web retailers will take then instead of conventional currencies. But the big breakthrough for digital money is more likely to come from the oil cartel, OPEC.

For decades, oil has been priced in dollars but key member states such as Iran, Algeria or Angola are not particularly friendly to the United States, even if they are not quite as hostile as they once were. They have been making noises about switching the price of oil out of the American currency for years, but have never quite managed to agree on alternative.

The euro was a runner for a while, until it started to implode. But what about bitcoins? It is a global currency, with no central bank trashing its value, and it might well prove a better store of value for countries that know their oil won’t last forever. If any single move establishes bitcoin as a serious monetary rival to the dollar, that will be it — and there will be more than a few wry smiles in Tehran over that.




 PS  If any of you devs pick this up keep me in mind  Wink


So , why make a new altcoin that does the same thing as bitcoin , just for a name?
Look at all the stupid casino,games,bet,lucky,poker coins that came out and look how many are used in online games and how many online betting websites are using bitcoins.

Do you pay with gaseuros at the gas station , with carrefoureuros at the supermarket , with electriceuros your electricity bill?

Well that's a good point, but to think that there will ultimately only be one digital currency is probably not realistic.   I guess my thinking is more along the lines of a digital currency that has some intrinsic value based on the crude oil it represents.  Like the gold standard used to be for the dollar.  I don't know really, it was just an idea that I haven't given a lot of thought to.

Do you now why I used euro and not usd?
Not because I'm an European  but to already answer to your future question.

So:
Well that's a good point, but to think that there will ultimately only be one digital currency is probably not realistic

Why not?
With the euro , 20+ (and more coming next decade)  currencies have gone extinct.
Give one reason why we would not have only one in the whole world in 100 years.
I doubt currencies will go extinct.   I seriously doubt paper currency is going anywhere in the next 100 years and beyond.  There are too many places that it's simply not feasible and won't be in our lifetime.  They simply don't have the infrastructure.

I am sure the governing bodies would like that once they figure out out to centralize digital currency and track every transaction.  I am actually surprised that the bankers have let Bitcoin get this far.  It's totally against their business model and will ultimately cost them 10's of millions of dollars if not their businesses.   The Federal Reserves of the world wield too much power to let their gold mine get shut down.  There will not be only one Cryptocurrency as their is not only one paper currency and their values will differ as extremely as the USD and the IQD.  Cryptocurrency will have it's place, just not the only place.
newbie
Activity: 28
Merit: 0
December 26, 2013, 10:58:32 AM
does anyone have ela-coin ?

the website needs updating as does its forum

legendary
Activity: 2912
Merit: 6403
Blackjack.fun
December 26, 2013, 09:36:55 AM
Which cryptocurrency is the most profitable for mining in next few days? Lotto, Fedoracoin?

http://www.wheretomine.com/
http://www.coinwarz.com/cryptocurrency

Remember that what's profitable today might not be tomorrow , when all miners switch their rigs to it.
hero member
Activity: 658
Merit: 503
December 26, 2013, 09:34:54 AM
Whats so good about this Kitten ?



Same as with DOGE as I said before, it's a meme, it will become popular. Higher demand = higher value.

And difficulty is still low.
global moderator
Activity: 4046
Merit: 2732
Join the world-leading crypto sportsbook NOW!
December 26, 2013, 08:37:10 AM
Whats so good about this Kitten ?




Probably the same thing that's good with 99% of altcoins. Nothing.

Fixed.
legendary
Activity: 1232
Merit: 1195
December 26, 2013, 08:34:38 AM
Whats so good about this Kitten ?




Probably the same thing that's good with Doge. Nothing.
member
Activity: 64
Merit: 10
December 26, 2013, 08:23:00 AM
Whats so good about this Kitten ?


hero member
Activity: 658
Merit: 503
December 26, 2013, 08:13:14 AM
Which cryptocurrency is the most profitable for mining in next few days? Lotto, Fedoracoin?
My vote goes to Kittehcoin, maybe there are better ones, but I don't know about those. Lotto and Fedora aren't as good as Kitteh.
newbie
Activity: 29
Merit: 0
December 26, 2013, 08:07:09 AM
Which cryptocurrency is the most profitable for mining in next few days? Lotto, Fedoracoin?
hero member
Activity: 658
Merit: 503
December 26, 2013, 08:06:50 AM
I think KittehCoin has more potential than Catcoin. KittehCoin is more meme-like, they have annoying words in their vocubulary, which teenagers like for some reason. Also Kittehcoin has the same amount of potential coin as DOGE, making it a better rival for DOGE because the value is easier to compare. And does DOGE need a rival? No, but catlovers sure want a cat to be above the dog so they will try to make it a competition, making both altcoins more wellknown and making altcoins in general more well known which means profit for all us 'early' adapters.

I've mined both so I'm happy either way, but my vote goes to Kittehcoin.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
December 26, 2013, 07:43:48 AM
Hi guys, what do y'all think about Catcoin? Is it worthy to mine them now or is it too late already?
Cat coin is the most serious coin of DOGE parody. You can start mine it while difficulty is not big.
Are you sure you think about catcoin and not kittehcoin?

 Shocked So people are moving on from Doge to Kittycatcoins now for what exactly? The name?

Yeah.
And because they think that there are dog lovers and cat lovers and this will end like the doge coin and they will become kittheh err rich .
And , to answer your question directly:
For the name AND the picture:)
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
December 26, 2013, 07:41:25 AM
Hi guys, what do y'all think about Catcoin? Is it worthy to mine them now or is it too late already?
Cat coin is the most serious coin of DOGE parody. You can start mine it while difficulty is not big.
Are you sure you think about catcoin and not kittehcoin?

only CAT, the other kitty coins is scum ))

Care to elaborate why?
Beside your own interest in this "coin"?
newbie
Activity: 14
Merit: 0
December 26, 2013, 06:54:25 AM
Thanks for the tips, a new miner like myself has a lot to learn.
newbie
Activity: 5
Merit: 0
December 26, 2013, 06:06:04 AM
Hi guys, what do y'all think about Catcoin? Is it worthy to mine them now or is it too late already?
Cat coin is the most serious coin of DOGE parody. You can start mine it while difficulty is not big.
Are you sure you think about catcoin and not kittehcoin?

only CAT, the other kitty coins is scum ))
legendary
Activity: 1232
Merit: 1195
December 26, 2013, 05:48:23 AM
Hi guys, what do y'all think about Catcoin? Is it worthy to mine them now or is it too late already?
Cat coin is the most serious coin of DOGE parody. You can start mine it while difficulty is not big.
Are you sure you think about catcoin and not kittehcoin?

 Shocked So people are moving on from Doge to Kittycatcoins now for what exactly? The name?
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