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Topic: A warning about Alt-Coins - page 46. (Read 901729 times)

newbie
Activity: 10
Merit: 0
December 22, 2013, 05:44:32 PM
Most interesting for me is NXT by now. Greatest reason — only Proof-of-Stake mining/forging (keeping network up) instead of Proof-of-Work/PoW+Pos. PoS doesn't require highrate-hashing hardware or big amount of kWh wasted Smiley

Exactly my opinion. Although I'm still a bit worried about NXT because it's so different from all other BTC/Cryptsy coins, but hey, no risk no fun Smiley
newbie
Activity: 10
Merit: 0
December 22, 2013, 05:39:37 PM
Dogecoin is the best altcoin, not even an altcoin it is THE coin.

No reason to mine when you can dig.

In all seriousness Dogecoin has the ability to grow very useable and profitable.

I'm keeping my hopes and expectations high for Dogecoin. It's honestly the only altcoin I can see gaining a following as massive as bitcoin's.
member
Activity: 84
Merit: 10
December 22, 2013, 05:35:11 PM
Hi everyone,

I am quite new to this whole scene (i.e. bitcoin and alt-coins), but it has been one of my biggest hobbies for the past weeks, and I'd like to quickly say "Thanks!" to this forum, which has helped me tremendously with the learning curve.

I finally made an account, and I would like to ask a few questions:

  1)  Which alt-coin currently has a high SHORT TERM value (over 6 months from now) and why?

  2)  Conversely, which alt-coin has a high LONG TERM value (over 1 year from now) and why?

Thank you all in advance!
Profitability and long or short term value aren't necessarily the same.  A coin that's a turd can be very profitable, but not worth holding a short or long time.  Check out coinchoose.com
newbie
Activity: 10
Merit: 0
December 22, 2013, 05:26:35 PM
I've started to mine EAC... Can this coin repeat success of DOGE? What do you think?

I doubt it, Doge was a very specific phenomenon due to its meme status.
newbie
Activity: 16
Merit: 0
December 22, 2013, 04:48:08 PM
Lot of people claim to support their coin as the "One" but the fact is many coins have beginning like dogecoin did and are dying now.
The new cryptocurrencies are listed about bitcoin or Litecoin if bitcoin fall, everybody fall...

Quote
1)  Which alt-coin currently has a high SHORT TERM value (over 6 months from now) and why?

  2)  Conversely, which alt-coin has a high LONG TERM value (over 1 year from now) and why?


- Watch coins with real innovations which are not only clones
- Coins with good developpement team is crucial when it begin to growing up and not only followers who only want to be early adopters

in this time I only see PrimeCoin in these case (excepting Bitcoin and Litecoin)if you ear about others i'll be glad to know them
hero member
Activity: 644
Merit: 500
December 22, 2013, 04:45:34 PM
Most interesting for me is NXT by now. Greatest reason — only Proof-of-Stake mining/forging (keeping network up) instead of Proof-of-Work/PoW+Pos. PoS doesn't require highrate-hashing hardware or big amount of kWh wasted Smiley
newbie
Activity: 10
Merit: 0
December 22, 2013, 03:48:53 PM
Dogecoin is the best altcoin, not even an altcoin it is THE coin.

No reason to mine when you can dig.

In all seriousness Dogecoin has the ability to grow very useable and profitable.
hero member
Activity: 490
Merit: 500
December 22, 2013, 03:43:51 PM
fedoracoin design with paint  Grin




But how i can participate competition if i cant post (status newbie)  Cry

That looks like a tophat, not a fedora.

that is a tophat lmao not a fedora like he said
sr. member
Activity: 270
Merit: 250
December 22, 2013, 02:53:59 PM
Almost all of the alt-coins out there are going to be a waste of time.  They're being created to take advantage of people who get super excited about different things and then get pumped and dumped.

Be careful about wasting time with too many alt coins.
I agree about wasting time -- and money! -- on alt coins.  But I think it's a bit unfair to characterize the alt coin universe with the broad stroke, "They're being created to take advantage of people who get super excited about different things and then get pumped and dumped." That seems like the pot calling the skillet black. A bit disingenuous, is it? Kind of like the descendants of poor European immigrants to the U.S. now decrying the immigration of poor Latinos to the U.S. Just because one was here first does not justify demeaning all who come later.
global moderator
Activity: 4046
Merit: 2732
Join the world-leading crypto sportsbook NOW!
December 22, 2013, 02:17:16 PM
fedoracoin design with paint  Grin




But how i can participate competition if i cant post (status newbie)  Cry

That looks like a tophat, not a fedora.
newbie
Activity: 1
Merit: 0
December 22, 2013, 01:55:38 PM
very well thanks for the info guys.
newbie
Activity: 2
Merit: 0
December 22, 2013, 12:13:10 PM
Can't trust them unless they are mentioned in reputed websites or exchanges.
Hahaha, yea good point.
member
Activity: 84
Merit: 10
December 22, 2013, 12:03:06 PM

I'd love to see a new exchange/broker come up offering novel features like hedging, shorting, leveraged trading, a system for scripting your own tradebots etc etc.
So it can be gamed just like the NYSE and NASDAQ?

No thank you, just make it work.

Nice artwork, try Inkscape
newbie
Activity: 1
Merit: 0
December 22, 2013, 11:43:14 AM
Do you guys expect new major coin exchanges anytime soon? Cryptsy seemed like a good one, but apparently they don't know how to code a functioning backend, as we have noticed by double transactions, dissappearing coins, downtime, slowness etc etc.

Kraken is very good, but it only support a few coins.

I'd love to see a new exchange/broker come up offering novel features like hedging, shorting, leveraged trading, a system for scripting your own tradebots etc etc.
newbie
Activity: 7
Merit: 0
December 22, 2013, 11:28:20 AM
fedoracoin design with paint  Grin
http://koti.mbnet.fi/jalaakso/tip/TIP_2.png

But how i can participate competition if i cant post (status newbie)  Cry
member
Activity: 98
Merit: 10
December 22, 2013, 08:31:54 AM
I've started to mine EAC... Can this coin repeat success of DOGE? What do you think?
newbie
Activity: 18
Merit: 0
December 22, 2013, 07:39:21 AM
Can't trust them unless they are mentioned in reputed websites or exchanges.
global moderator
Activity: 4046
Merit: 2732
Join the world-leading crypto sportsbook NOW!
December 22, 2013, 05:54:51 AM
This is bullshit. All I wanted to do was post a fedoracoin logo I just made, turns out I can only post here and will have to wait 4 more hours until I get "verified". This is completely unfair.

You don't have to be verified, just wait four hours. It's not unfair, annoying for sure, but it's there to cut down spammers and bots. If you want, link me to the image and I'll post it along with your quoted message, but unless there's a deadline looming I'd just wait it out.

And Fedoracoin lolwat?
newbie
Activity: 37
Merit: 0
December 22, 2013, 05:06:38 AM
This is bullshit. All I wanted to do was post a fedoracoin logo I just made, turns out I can only post here and will have to wait 4 more hours until I get "verified". This is completely unfair.
newbie
Activity: 1
Merit: 0
December 22, 2013, 05:06:10 AM
I have to take a shit right now

edit: posting this so i can submit my coin logo
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