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Topic: A warning about Alt-Coins - page 49. (Read 901729 times)

newbie
Activity: 4
Merit: 0
December 21, 2013, 08:17:45 AM
What you think about LOTTOCOIN? Will it be 1 cent per lotto soon?

I think some people definitely try to repeat dogecoin success
newbie
Activity: 5
Merit: 0
December 21, 2013, 07:55:16 AM
Mining alt-coins seems to make the most sense if you go with what is currently most profitable. Mine a small amount (enough to minimize transaction fees), then go to an exchange and convert them to BitCoin. If all coins are currently in a dip, it might be best to wait until a rally to convert to BitCoin. Alt coins fluctuate more than BitCoin, so you'll get even more BitCoin if you convert when alt's are high.

This is FAR more profitable that trying to mine Bitcoins directly. Unless you already have ASIC hardware, you can't even begin to compete in that game.

Go to CoinChoose, CoinWarz, etc and look for an alt that has some mining/trading volume which tends to be among the most profitable. Note that some coins briefly appear at the top of the list, but have no following - don't waste your time even thinking about them. They'll probably plunge before you can trade them.
I'd only mine a coin that has at least a few million $ in market cap.

WorldCoin and BBQcoin seem to be doing well recently. LiteCoin - not so good. Obviously that can (and does) change frequently. LiteCoin could be the best choice next week.

newbie
Activity: 6
Merit: 0
December 21, 2013, 07:52:14 AM
No doubt the best alt is litecoin

Litecoin is first altcoin but not the best for sure

Which is the best altcoin then?

Nextcoin (Nxt) is the only coin in the top 10 that has been rising in total market value lately acoording to: http://coinmarketcap.com/
It is not very profitable to mine however.

Until a few days ago dogecoin was definitely worth getting into.
But since yesterday prices have plummeted and it is unlikely to recover.

member
Activity: 112
Merit: 10
December 21, 2013, 07:29:07 AM
Only Litecoin  Roll Eyes

Litecoin should grow next year, first get over the cristmas days and newyear, after that the market will grow again
newbie
Activity: 36
Merit: 0
December 21, 2013, 07:25:04 AM
Only Litecoin Nxt  Roll Eyes
global moderator
Activity: 4046
Merit: 2732
Join the world-leading crypto sportsbook NOW!
December 21, 2013, 07:03:41 AM
No doubt the best alt is litecoin

Litecoin is first altcoin but not the best for sure

Which is the best altcoin then?

It's hard to tell which is best, bet just read specification and compare it, there some a lot more interesting ones with much greater grow potential

What do you define as 'interesting' and 'grow potential'. Majority of these coins are clones of one another and offer nothing new or interesting. Sure, you can jump in early on some and make a little bit, but not even the most popular alts have any decent marketing or ideas behind them.
member
Activity: 112
Merit: 10
December 21, 2013, 06:59:00 AM
What you think about LOTTOCOIN? Will it be 1 cent per lotto soon?

All alts have a chance to get on an exchange site and be worth something, but a small one. Dogecoin was a big eception making it within 2 weeks
newbie
Activity: 14
Merit: 0
December 21, 2013, 06:34:30 AM
What you think about LOTTOCOIN? Will it be 1 cent per lotto soon?
newbie
Activity: 4
Merit: 0
December 21, 2013, 06:25:38 AM
No doubt the best alt is litecoin

Litecoin is first altcoin but not the best for sure

Which is the best altcoin then?

It's hard to tell which is best, bet just read specification and compare it, there some a lot more interesting ones with much greater grow potential
global moderator
Activity: 4046
Merit: 2732
Join the world-leading crypto sportsbook NOW!
December 21, 2013, 06:21:36 AM
No doubt the best alt is litecoin

Litecoin is first altcoin but not the best for sure

Which is the best altcoin then?
newbie
Activity: 4
Merit: 0
December 21, 2013, 06:17:02 AM
No doubt the best alt is litecoin

Litecoin is first altcoin but not the best for sure
newbie
Activity: 54
Merit: 0
December 21, 2013, 05:07:06 AM
I like litecoin
newbie
Activity: 7
Merit: 0
December 21, 2013, 04:25:20 AM
No doubt the best alt is litecoin
member
Activity: 68
Merit: 10
December 21, 2013, 03:13:58 AM
sure, give them to me Tongue
newbie
Activity: 3
Merit: 0
December 21, 2013, 03:09:14 AM
new here
any kind soul i could trust all my coins with? lol ;/
newbie
Activity: 3
Merit: 0
December 21, 2013, 02:53:26 AM
sr. member
Activity: 252
Merit: 250
Skoupi the Great
December 21, 2013, 02:41:29 AM
It's a good idea to invest in peercoins? I was wondering if anyone of you have a better comprehension of that Altcoin in specific

Looks somewhat different than most of the alt coins out there with the implementation of proof of stake. I don't know if this is enough for the coin to take off.
newbie
Activity: 11
Merit: 0
December 21, 2013, 02:31:15 AM
thanks,i love this. Smiley
newbie
Activity: 12
Merit: 0
December 20, 2013, 10:58:01 PM
Thanks for the advice. I'll definitely use these in my dealings on the forums.
sr. member
Activity: 321
Merit: 250
December 20, 2013, 10:26:26 PM
I am looking for a DOGE>USD chart. The DOGE>BTC chart doesn't really make total sense to me because BTC fluctuates like 20% either way every 24 hours. If i was buying DOGE with BTC id care, but i didn't buy into it, i am just mining it.

EDIT: Found a decent one at the bottom of this page.

http://doge.yottabyte.nu/

Looks like the fad is coming do a close. What do you guys think?
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