Alt coins to avoid? | Bitcointalksearch.org

Lauda

legendary

Activity: 2674

Merit: 2965

Terminated.

Quote from: achillez on February 21, 2014, 11:54:46 AM

Quote from: El Dude on February 21, 2014, 08:27:59 AM

clonecoins -Dogecoin
instamined - quark
coins that makes the rich richer by doing nothing like peercoin

and the list goes on

lol dogecoin was instamined in 3 days.

Quark was rapid mined in 3 months.

*big difference*

Dogecoin wasn't instamined. Even I'm still mining it.

achillez

hero member

Activity: 874

Merit: 1000

Quote from: El Dude on February 21, 2014, 08:27:59 AM

clonecoins -Dogecoin
instamined - quark
coins that makes the rich richer by doing nothing like peercoin

and the list goes on

lol dogecoin was instamined in 3 days.

Quark was rapid mined in 3 months.

*big difference*

oetzi

newbie

Activity: 46

Merit: 0

However, being premined is not a reason to avoid an altcoin.
What's the difference between bitcoin and a premined altcoin nowadays, when bitcoin mining is unaffordable for ordinary investors?
One must buy BTC anyway from someone who holds them.

anteater2009

newbie

Activity: 49

Merit: 0

Quote from: Lauda on February 21, 2014, 11:13:25 AM

Quote from: bitKnife on February 21, 2014, 10:49:30 AM

you don't have to avoid them
u can mine any of them as long as it is profit
u just sell them for btcs

That still damages the whole crypto system.

Ironically this what has kept cryptocurrency exchanges running.

Lauda

legendary

Activity: 2674

Merit: 2965

Terminated.

Quote from: bitKnife on February 21, 2014, 10:49:30 AM

you don't have to avoid them
u can mine any of them as long as it is profit
u just sell them for btcs

That still damages the whole crypto system.

anteater2009

newbie

Activity: 49

Merit: 0

If you are an investor go for BTC or LTC.

If you are a miner you can go for altcoins. Again as a miner holding on to a single coin is not advisable.
With my little Hashing Power(640 Khs) I go for some coins with low difficulty and those which I can exchange for BTC on the same day.
I switch between BBQCoin, Maxcoin, Protoshare and Metiscoin to make 0.004 to 0.009 BTC per day.

Also sometimes you may hit a jackpot if you mine a new altcoin and sell it during a pump phase.

So there is nothing really to avoid. Its all about choosing the right one at the right time and selling it for BTC at the right price level.

bitKnife

member

Activity: 69

Merit: 10

you don't have to avoid them
u can mine any of them as long as it is profit
u just sell them for btcs

hostmaster

sr. member

Activity: 266

Merit: 250

Quote from: Matheltu on February 19, 2014, 06:50:22 AM

Seeing as I am somewhat of a newbie to alt coins I feel the need to seek adive for this.

Are there any specific alt coins I should stay away from completely?

poor marketing, scammy looking ones those with out long term visions!

lamontweaver

member

Activity: 85

Merit: 10

I love Dogecoin, I love that it started as a joke and I love that it makes the "serious trader" angry, but it will never even be worth a penny. There are just too damn many of them.

quarkyplum

full member

Activity: 378

Merit: 100

Quote from: evansearle42 on February 21, 2014, 10:04:19 AM

Quote from: Matheltu on February 19, 2014, 06:50:22 AM

Seeing as I am somewhat of a newbie to alt coins I feel the need to seek adive for this.

Are there any specific alt coins I should stay away from completely?

All except dogecoin.

The Truth

evansearle42

sr. member

Activity: 366

Merit: 250

Quote from: Matheltu on February 19, 2014, 06:50:22 AM

Seeing as I am somewhat of a newbie to alt coins I feel the need to seek adive for this.

Are there any specific alt coins I should stay away from completely?

All except dogecoin.

Lauda

legendary

Activity: 2674

Merit: 2965

Terminated.

Quote from: Spoetnik on February 21, 2014, 02:23:54 AM

Quote from: Lauda on February 21, 2014, 12:54:37 AM

The thread title should be: Which alt coins not to avoid?
Because the number of the ones that you should stay away from is quite high and growing everyday with each new shitcoin release.

what no trolling ? had your fill today ?

I do not troll. I'm only posting cold truth which you can't handle.

lamontweaver

member

Activity: 85

Merit: 10

I stay away from any altcoin with a total supply of more than a billion. They seldom ever reach even one penny

glerant

sr. member

Activity: 565

Merit: 316

Quote from: El Dude on February 21, 2014, 08:27:59 AM

clonecoins -Dogecoin
instamined - quark
coins that makes the rich richer by doing nothing like peercoin

and the list goes on

Well I suppose the OP should have qualified his question. Alt coins to avoid because you do not agree with their originality, ethos, history?

I was guessing OP was just asking which Alts to avoid as investments.

Personally I thought DOGE was a joke and derivative - but as an investment you can't ignore the market cap and it's ability to bring in more investors.

Quark - instamined - again that is a term you could throw at any crypto with reducing block rewards - it's pretty meaningless in investment terms.

Peercoin - Agree with this one. To be seen as an investment there must be activity going on - be it fancy websites, clients ported to new platforms, services, fiat gateways etc. The old top tier alts need to work to maintain their positions or will sink.

El Dude

hero member

Activity: 770

Merit: 500

clonecoins -Dogecoin
instamined - quark
coins that makes the rich richer by doing nothing like peercoin

and the list goes on

HCLivess

legendary

Activity: 2114

Merit: 1090

=== NODE IS OK! ==

I smell trolls Grin

glerant

sr. member

Activity: 565

Merit: 316

Quote from: Spoetnik on February 20, 2014, 11:40:43 PM

Your comment is a solid block of bullshit.. i don't even know where to start, but i will try lol
I don't appreciate you spreading just pure garbage to new users either.

Really? You are entitled to your opinion but I don't give a flying fcuk about it!

Quote from: Spoetnik on February 20, 2014, 11:40:43 PM

Quark was in fact launched fairly and i know i was here the day it was..
Fair quark on the other hand is NOT fair at all and is a premined scam coin clone.. Quark was not premined and it was launched just as fairly as other coins.
You and all the other people like you run around here spreading nothing but bullshit all over and i'm tired of it.

Is English not your first language or are you retarded? Huh

I clearly said that Quark, unfairly, was given a poor reputation - not that Quark was unfair. I didn't even mention FairQuark! Grin

Take a chill pill, Dude!

Jomppe

full member

Activity: 168

Merit: 100

Definetely those altcoins that have unlimited coin supply. They are like investing in USD or euros.

superresistant

legendary

Activity: 2156

Merit: 1131

Any altcoin named must be avoided.

You don't need to spam the name of a coin for it to succeed.

You will learn the lesson the hard way.

Spoetnik

legendary

Activity: 1540

Merit: 1011

FUD Philanthropist™

Quote from: Lauda on February 21, 2014, 12:54:37 AM

The thread title should be: Which alt coins not to avoid?
Because the number of the ones that you should stay away from is quite high and growing everyday with each new shitcoin release.

what no trolling ? had your fill today ?

@brooklynite
i was going to agree with you for the most part until you said..

Quote

NONE of these ALTCOINs will be a "currency" in the future. Well BTC, DOGE will and maybe LTC.

Seriously ? Do you actually believe for real in all honesty ? tell me your trolling because that is simply disturbing.

and at least i can agree on WDC.. it's a pile of crap that got noobs hyped up recently for some reason
i just ignored it though.. no point in saying anything..
These little worms simply wear us down until we give up.. many older guys just left and never post anymore :/
Stupid greedy brain dead brats apply so much pressure many people just say screw it and wander off.
But i will me laying down some i told you so's with a blood thirsty vengeance i can assure you all

Topic: Alt coins to avoid? (Read 2403 times)