Have an urge to start mining for scrypt coin and WDC and Litecoins in general, question is are there any plug and play rigs to buy in E.U and where di i find these companys...
The one i find seems to not having a rig for shipment right away, and i second case is there any idea for an not so very teqnical user to even think of buliding a rig and trim?
Best regards
Topic: A warning about Alt-Coins - page 98. (Read 901725 times)
I created tagcoin, but as far as I know I am not related to Paul from Cryptsy...actually I had no idea who it was owned by...you can check me online (Mark Vernon), as the owner of vtc.com, eduslide.com, iplotz.com - my picture is on a few places, crunchbase.com, linkedin and so on... I have been around for quite a long time, and you can even see some of my training cd products still listed on amazon where I was the author soooo long ago (1996 onwards)
As for Tagcoin, my aim is to create a universal rewards currency, which is one of the best ways to turn it into a real currency, via Tagbond.com and the API which enables anyone to create their own communities, apps and websites which handles rewards and payments. I am investing USD 5m of my own money into the venture, which has been built from Feb 2013. It is live now, with a team of 25 people, based out of Makati, Philippines.
Anyone who wants to trade BTC or TAG can do so on trade.tagbond.com, and we posted today the details of 9 different currency accounts to deposit funds and buy/sell. We will allow Paypal deposits for less than $100, but we won't make that automated for obvious reasons.
Any more info, feel free to read up everything that has been happening over the last 3 weeks since launch.
https://bitcointalksearch.org/topic/ann-tagcoin-multi-token-wallet-and-trading-platform-317408
As for Tagcoin, my aim is to create a universal rewards currency, which is one of the best ways to turn it into a real currency, via Tagbond.com and the API which enables anyone to create their own communities, apps and websites which handles rewards and payments. I am investing USD 5m of my own money into the venture, which has been built from Feb 2013. It is live now, with a team of 25 people, based out of Makati, Philippines.
Anyone who wants to trade BTC or TAG can do so on trade.tagbond.com, and we posted today the details of 9 different currency accounts to deposit funds and buy/sell. We will allow Paypal deposits for less than $100, but we won't make that automated for obvious reasons.
Any more info, feel free to read up everything that has been happening over the last 3 weeks since launch.
https://bitcointalksearch.org/topic/ann-tagcoin-multi-token-wallet-and-trading-platform-317408
I think it is only worth bitcoin or Litecoin. Litecoin long as after exchange for bitcoin. Why so many coins with the same function?
Worldcoin, Gold Coin... Too much risk for nothing
Worldcoin, Gold Coin... Too much risk for nothing
what is your point that BTC is not risk?!?!
Thank you to all who have contributed to this long thread.
I would like to start my first venture by mining PPM.
Can they be mined using a raspberry pi set up, of just a graphics card and CPU ?
What are some of the preferred methods for mining?
Should I start by purchasing 5 or ten coins to start? If so, what is the best method to purchase PPM using USD ?
I would like to start my first venture by mining PPM.
Can they be mined using a raspberry pi set up, of just a graphics card and CPU ?
What are some of the preferred methods for mining?
Should I start by purchasing 5 or ten coins to start? If so, what is the best method to purchase PPM using USD ?
I think it is only worth bitcoin or Litecoin. Litecoin long as after exchange for bitcoin. Why so many coins with the same function?
Worldcoin, Gold Coin... Too much risk for nothing
Worldcoin, Gold Coin... Too much risk for nothing
So, is it right time to covert all the BTC to litecoin yet? It is only 0.09 from BTC to LTC....
convert your BTC to dollars now is the right time
I've been dealing with BitCoins since March 2013 and It's the only NEW currency I have dealt with...I have heard of other coins like litecoin but haven't ventured out to try them just yet...Still trying to wrap my mind around Bitcoin and all that comes with it!
So, is it right time to covert all the BTC to litecoin yet? It is only 0.09 from BTC to LTC....
How come the Bitcoin goes up and I still mine about the same dollar value? Lets say I've been mining $4.00 USD a day. The Bitcoin went from $80 to over $450. But I still mine about that $4.00 a day. I can only guess that the hardware out there is getting faster and its increasing the difficulty. Another question is why hasn't the other coins gone up with bitcoin? Thanks.
got it. 
So which is better between mastercoin, tagcoin, and worldcoin?
Mastercoin was released on 06/24/13 by "Mstcoin" an account made up for the coin to keep the developer anonymous. The developer has not been active since 09/12/13.
It has no websites accepting it as a currency, no real services, and will probablely end up like royal coin.. No nodes and no miners, you can trade it on crypsty, but you can't move it off the site because of the dead block chain.
Worldcoin is well established and accepted by sites.. but you've already missed the "early adopter" boat..
Tagcoin is interesting, it went to a lot of exchanges extremely quickly.. It makes you wonder if Mark Vernon is related to Paul Vernon, the owner of cryptsy..
I'm really not sure why there's a million alts being developed. Surely the best way to move forward with crypto currency would be for everybody to get behind the one to get it into the mainstream. At the moment it's Bitcoin. Can somebody explain to me why there's a need for any more than one?
The mastercoin protocol being developed may answer your question. Mastercoin is an alt that is being developed that has many features that both alts and BTC so far have not been able to offer. Namecoin's story is similar in that it wasn't just an alt for speculation and a knock off of BTC. but sometimes I wonder if anyone is actually working on namecoin anymore.
Your very right though. There are a bit too many alts and most of them are redundant.
I'm really not sure why there's a million alts being developed. Surely the best way to move forward with crypto currency would be for everybody to get behind the one to get it into the mainstream. At the moment it's Bitcoin. Can somebody explain to me why there's a need for any more than one?
Alt coins can become useful only when people give value to them!
+1
What is your take on Tagcoins? They seem to have some big plans and some backing to go along with it.
PLS look at CGB today, and tell me i was wrong
While alt coin value is in part derivative of BTC I don't think the rise and fall of BTC will affect alt coins.
a rise of btc means more acceptance of the public regarding cryptocurrencies so.. it has its influence on alts, even if only a bit
unfortunately this is all a popularity contest. Litecoin has potential since it's faster than btc, meaning in theory it should be used instead, however, at the moment there is such a hype about btc, that ltc is getting behind. now regarding ltc on other exchanges.. well, i forgotten about the idea of ltc joinin mount gox. on top of that, btcchina has already surpassed it, beecoming the number one exchanger. but i think it's just a matter of time before litecoins are adopted by all the great exchangers. after all, ltc is like a shadow of btc, wherever btc goes, ltc goes too, difference is it probably wont reach teh same value but still..
If that's true I think the price of a Litecoin is going to rise again
The current price is about $4,34 (according http://coinmarketcap.com/ ). It looks like it's only increasing as the Bitcoin is rising. So, I would say, let the Bitcoin rise
The current price is about $4,34 (according http://coinmarketcap.com/ ). It looks like it's only increasing as the Bitcoin is rising. So, I would say, let the Bitcoin rise
Completely opposite of the correct analysis you have there, as BitCoin rises LTC and other alt coins always decrease. When BTC decreases, then LTC and other alts increase. I think it's going to change in the future but that's the current trend right now.
In terms of USD, all cryptocurrencies have been rising steadily.
The alts don't always decrease with rising BTC. I disagree partly because in the past (last March and April after BTC broke 31 dollars) there were periods when LTC/BTC ratio increased with stable or increasing BTC/USD.
I posit that this has to do with the psychology of crossing the previous high. Prior to last March when BTC was below 31 (the old high) and still recovering from its last big crash rising BTC/USD resulted in falling LTC/BTC. Everyone was excited to see BTC rise and abandoned LTC, but once BTC broke 31 and pushed higher and higher the price kept getting more expensive and folks started looking to alt currencies (like LTC) to buy in the speculative hope that they could get big BTC returns by speculating in alts. And/or those who had large BTC positions were looking to diversify especially as BTC reached ever higher toward 266 peak. If this is correct our recent cross of 266 puts us in this same environment. Folks who are putting funds in to buy BTC are saying " darn I thought I would buy at 300 or 200 but now its 400 and we may be nearing a top. Or folks who have made alot in BTC and now start to fear a top is near and they diversify a bit. This may not be the case but if it is we should see big rises in LTC/BTC soon.
lack of litecoin progress lol , Litecoin is about to hit BTCCHINA any day now , the ceo of BTCCHINA and the creator of litecoin are brothers.
Why isn't it on it already then? BTC China has been around for years. So has litecoin.
If that's true I think the price of a Litecoin is going to rise again
The current price is about $4,34 (according http://coinmarketcap.com/ ). It looks like it's only increasing as the Bitcoin is rising. So, I would say, let the Bitcoin rise
The current price is about $4,34 (according http://coinmarketcap.com/ ). It looks like it's only increasing as the Bitcoin is rising. So, I would say, let the Bitcoin rise
Completely opposite of the correct analysis you have there, as BitCoin rises LTC and other alt coins always decrease. When BTC decreases, then LTC and other alts increase. I think it's going to change in the future but that's the current trend right now.
In terms of USD, all cryptocurrencies have been rising steadily.
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