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Topic: Alt coins to avoid? (Read 2410 times)

legendary
Activity: 2674
Merit: 2965
Terminated.
February 21, 2014, 11:57:27 AM
#57
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.
hero member
Activity: 874
Merit: 1000
February 21, 2014, 11:54:46 AM
#56
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*
newbie
Activity: 46
Merit: 0
February 21, 2014, 11:41:31 AM
#55
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.
newbie
Activity: 49
Merit: 0
February 21, 2014, 11:17:35 AM
#54
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.
legendary
Activity: 2674
Merit: 2965
Terminated.
February 21, 2014, 11:13:25 AM
#53
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.
newbie
Activity: 49
Merit: 0
February 21, 2014, 11:11:43 AM
#52
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.
member
Activity: 69
Merit: 10
February 21, 2014, 10:49:30 AM
#51
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
sr. member
Activity: 266
Merit: 250
February 21, 2014, 10:27:53 AM
#50
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!
member
Activity: 85
Merit: 10
February 21, 2014, 10:26:42 AM
#49
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.
full member
Activity: 378
Merit: 100
February 21, 2014, 10:11:55 AM
#48
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. Smiley
The Truth
sr. member
Activity: 366
Merit: 250
February 21, 2014, 10:04:19 AM
#47
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. Smiley
legendary
Activity: 2674
Merit: 2965
Terminated.
February 21, 2014, 09:42:39 AM
#46
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.
member
Activity: 85
Merit: 10
February 21, 2014, 09:31:55 AM
#45
I stay away from any altcoin with a total supply of more than a billion. They seldom ever reach even one penny
sr. member
Activity: 565
Merit: 316
February 21, 2014, 09:17:14 AM
#44
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.
hero member
Activity: 770
Merit: 500
February 21, 2014, 08:27:59 AM
#43
clonecoins -Dogecoin
instamined - quark
coins that makes the rich richer by doing nothing like peercoin

and the list goes on
legendary
Activity: 2114
Merit: 1090
=== NODE IS OK! ==
February 21, 2014, 08:25:56 AM
#42
I smell trolls  Grin
sr. member
Activity: 565
Merit: 316
February 21, 2014, 08:09:55 AM
#41

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!


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!
full member
Activity: 168
Merit: 100
February 21, 2014, 07:32:16 AM
#40
Definetely those altcoins that have unlimited coin supply. They are like investing in USD or euros.
legendary
Activity: 2156
Merit: 1131
February 21, 2014, 07:23:21 AM
#39

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.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
February 21, 2014, 02:23:54 AM
#38
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 Smiley
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