Pages:
Author

Topic: A warning about Alt-Coins - page 81. (Read 901727 times)

member
Activity: 91
Merit: 10
December 03, 2013, 10:33:37 PM
Hi everyone,

I'm hoping this forum will let me post soon. Not a spammer. Just looking to discuss.

full member
Activity: 150
Merit: 100
True to Decentralization
December 03, 2013, 09:14:59 PM
Does anybody have any opinions on Nextcoin??
full member
Activity: 140
Merit: 100
December 03, 2013, 06:56:26 PM
 Smiley
legendary
Activity: 1050
Merit: 1007
Live like there is no tomorrow!
December 03, 2013, 06:37:21 PM
Let me welcome you at the forum then Wink.

On which kind of group mine are you looking for? There are many topics about pools here, some are better than others. If I may give you a hint, try to read the replies to the topics about the pools to check it's trust and uptime, and compare different pools. Good luck!
full member
Activity: 162
Merit: 100
December 03, 2013, 05:24:25 PM
I've recently picked a few litecoins & peercoins. I've been rather narrow-minded believing in bitcoin only, but after seeing LTC jump 500 % in a few days I caved & bought 3 for fun. I like peercoin, they seem to actually offer something unique with the proof-of-stake idea. Quarkcoin seems to me to be a scam with nearly all of them owned by the developer & his friends. Quick way to make a bundle of money I guess... Buyer beware.
I'm hopeing this constitutes a good initial post for a noob to graduate to the full forum. I'm a bitcoiner since Feb, spend months studying cryptography & I'm fully BTC-obsessed. I've been stalking these forums like a fiend for almost a year. I usually just read, no need to post so why bother making an account but now I'm desperately trying to get in on a group mine. Crossing my fingers that it's still available in 4 hours...

newbie
Activity: 2
Merit: 0
December 03, 2013, 03:28:39 PM
Super, thanks
sr. member
Activity: 252
Merit: 250
December 03, 2013, 03:13:35 PM
Is there some place where you can learn how to do mining?  I am brand new at this and want to know the RIGHT way to do this.  You guys are pros and know the how to's.  Thanks  Cheesy

You should check the "readme" file of the miner you are going to use. Some pools have some brief "how to" sections as well.
Download cgminer for example and read the "readme"
newbie
Activity: 20
Merit: 0
December 03, 2013, 03:13:31 PM
There was a lot of fuss regarding Quarkcoin in the last few days. Now, it's dropping. What do you think? Is that it for QRK? Or will it continue to grow?

Premined scamcoin. Cool idea, bad backing
newbie
Activity: 2
Merit: 0
December 03, 2013, 03:03:35 PM
Is there some place where you can learn how to do mining?  I am brand new at this and want to know the RIGHT way to do this.  You guys are pros and know the how to's.  Thanks  Cheesy
newbie
Activity: 13
Merit: 0
December 03, 2013, 03:01:42 PM
Hi all,

I am finally getting into crypto-currencies in any depth, though I've know about them since the DigiCash days when I hung out on the old cypherpunks mailing list.  I've quickly concluded I've missed the boat on mining bitcoins but may buy one as an novelty investment.  I'm going look into mining litecoins and peercoins.  What are some other alt-coins that look promising?  I've seen mentions of namecoin and primecoin but haven't researched them yet.  What are their special strengths?
newbie
Activity: 13
Merit: 0
December 03, 2013, 02:58:29 PM
Thanks for the warning... I will keep to BTC because it's way more stable than Alt-Coins.

Finally , somebody thinking right what to do with his money.


I am mining Alt-Coins as they have the best chance of any returns but am playing safe by converting my coins into BTC at the first opportunity.

Doing the same but keep a small portion as well to invest.

this is my plan exactly, how is this working out compared to pools that mine altcoins and pay out in btc? do you think its worth the extra work and risk?

im a little worried that i will build up a good amount of alt coins and not be able to exchange them for something a little more stable before they flop
newbie
Activity: 4
Merit: 0
December 03, 2013, 01:54:07 PM
it would be good for merchants to use to vet buyers and buyers to vet merchants....the problem being it wouldn't be anonymous...that's where bitcoin or some other currency would come in
sr. member
Activity: 252
Merit: 250
December 03, 2013, 01:15:14 PM
thinking about starting a coin that is the complete opposite of bitcoin, identity coin, where you prove your identity every time you pay...it could work in tandem with bitcoin

So for everyone to be able to see every transaction that you 've ever made. Sounds like a nice idea.
newbie
Activity: 4
Merit: 0
December 03, 2013, 01:13:38 PM
thinking about starting a coin that is the complete opposite of bitcoin, identity coin, where you prove your identity every time you pay...it could work in tandem with bitcoin
newbie
Activity: 31
Merit: 0
December 03, 2013, 11:21:38 AM
Colossal seems really underwhelming.  Went nowhere even after the pump yesterday....
sr. member
Activity: 252
Merit: 250
December 03, 2013, 10:37:40 AM
fragility of data as opposed to bars of metal, mean that BitCoin has significant problems gold does not.

And how about the 100 times more significant advantages over gold?
sr. member
Activity: 336
Merit: 250
Invest & Earn: https://cloudthink.io
December 03, 2013, 10:29:05 AM
fragility of data as opposed to bars of metal, mean that BitCoin has significant problems gold does not.
sr. member
Activity: 252
Merit: 250
December 03, 2013, 10:18:16 AM
There was a lot of fuss regarding Quarkcoin in the last few days. Now, it's dropping. What do you think? Is that it for QRK? Or will it continue to grow?

There is a lot of activism about quark indeed but i haven't heard anyone stressing any interesting points about that alt. So i guess it's only hype and noise after all.

Hello. Great to be on the forums.

If I am not mistaken, Quark is one of the most secure cryptocoins out there. Also... name. SarTrek ftw Cheesy

I will definitely investigate this further.

That's exactly what i mean by saying hype and noise. Quark secure... blah blah... Trekkies... blah blah quark quark...
PS. Star trek is cool but it takes a little bit more than a con for an alt to establish per se.
newbie
Activity: 2
Merit: 0
December 03, 2013, 09:52:06 AM
Thanks for the warning... I will keep to BTC because it's way more stable than Alt-Coins.

Finally , somebody thinking right what to do with his money.


I am mining Alt-Coins as they have the best chance of any returns but am playing safe by converting my coins into BTC at the first opportunity.

Doing the same but keep a small portion as well to invest.
newbie
Activity: 7
Merit: 0
December 03, 2013, 09:46:24 AM
Hello BTC talk world,

I would like to get out there writing and posting. I got some question. I hope I can get going soon. Not a spammer and will write only wise post so let me on anytime soon.

Thank
Pages:
Jump to: