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Topic: Bitcoin vs. Alternatives (Read 1041 times)

newbie
Activity: 6
Merit: 0
November 28, 2013, 12:45:39 AM
#25
What about Quarks?   
They have interesting differences in security,  they have been growing a lot.
I would think that is a great opportunity to buy cheap and save for the upcoming weeks.   
When you are looking for alt coins you should look for stability on their dev team and the specs of the coin. 
I think this guys have all the important elements included, to make the coin work over all the other alt coins.
newbie
Activity: 3
Merit: 0
November 28, 2013, 12:37:03 AM
#24
Missed my opportunity with BTC - and have become ever more interested in alt coins ever since. Today I'm taking the plunge. Setting up my spare rig to mine LTC at home - thinking of doing the same with my VPS. There are obvious reasons for not storing coins on servers - but I cant think of any reasons not to mine. Am I missing something?

NXT looks very interesting also. Definitely one to watch imho.
newbie
Activity: 7
Merit: 0
November 27, 2013, 10:07:47 PM
#23
I've been looking a lot at LTC and PPC. I want to try and get some coins when they're still low, but because I'm just getting started financially with cryptocurrency trading I have to wait a few days. I got some free BetaCoins so hopefully that becomes worth something Smiley.

So mining is definitely out of the question for me then. Don't want my only computer to burn out on me.
Slow BTC is better than no BTC though.
newbie
Activity: 12
Merit: 0
November 27, 2013, 08:17:09 AM
#22
LTC is a great coin, and I expect it to go up in value even more in the coming months.
I also think that due to the recent popularity of cryptocurrencies other alternatives will increase in value, so in my opinion you would be better off trying to get into the alternatives market!
newbie
Activity: 3
Merit: 0
November 27, 2013, 08:10:21 AM
#21
Try LTC.
legendary
Activity: 1960
Merit: 1062
One coin to rule them all
November 27, 2013, 07:39:24 AM
#20
Bitcoin vs. Alternatives
If you'd like to help me off to a great start in the Bitcoin game
Here is My BitCoin Address
: 14oEqreYwYwomaBbUWY9fAJeqK4E9gbkew

Bitcoin beggar?? Huh.. Wink
member
Activity: 70
Merit: 10
November 27, 2013, 07:36:24 AM
#19
What do you pay for these contracts and where? You are free to reply by PM.
newbie
Activity: 14
Merit: 0
November 27, 2013, 07:33:20 AM
#18
I'm pretty sure buying would be the most effective thing to do in my case. My hardware isn't exactly great for heavy processing.

CPU: Intel Celeron 900 @ 2.2 GHz

GPU: Intel GMA 4500M



Buy coins or better buy some Ghash (contract miner)

Now i have 2Ghash contract and i gort about 0,01BTC per week.
New week a 25Ghash/s contrat will be started (i hope about 0.1BTC per week, depense on a difficulty)
newbie
Activity: 14
Merit: 0
November 27, 2013, 06:00:02 AM
#17
I'm pretty sure buying would be the most effective thing to do in my case. My hardware isn't exactly great for heavy processing.

CPU: Intel Celeron 900 @ 2.2 GHz

GPU: Intel GMA 4500M


Yeah, your right. Mining with that would be pointless, I'm afraid.

You would be better off buying coins.
newbie
Activity: 7
Merit: 0
November 27, 2013, 05:54:33 AM
#16
I'm pretty sure buying would be the most effective thing to do in my case. My hardware isn't exactly great for heavy processing.

CPU: Intel Celeron 900 @ 2.2 GHz

GPU: Intel GMA 4500M
newbie
Activity: 14
Merit: 0
November 27, 2013, 05:39:19 AM
#15
do the research..

if you have a good computer performance i3/i5/i7 do CPU mining; if you have a good GPU do the GPU mining.If you have good CPU with GPU mine with GPU&CPU


Yes, but check your electricity prices first. It might be the case you are mining at a loss, so buying might be cheaper

People stopped mining because they where paying more in electric than they got in Bitcoin. If they had the sense to realize Bitcoin would go up in value, they would of made a profit even they they where loosing at the time.
member
Activity: 114
Merit: 10
November 27, 2013, 05:23:53 AM
#14
do the research..

if you have a good computer performance i3/i5/i7 do CPU mining; if you have a good GPU do the GPU mining.If you have good CPU with GPU mine with GPU&CPU


Yes, but check your electricity prices first. It might be the case you are mining at a loss, so buying might be cheaper
newbie
Activity: 14
Merit: 0
November 27, 2013, 05:19:58 AM
#13
do the research..

if you have a good computer performance i3/i5/i7 do CPU mining; if you have a good GPU do the GPU mining.If you have good CPU with GPU mine with GPU&CPU

Maybe some less know crypto currency and then exchange them for BTC/LTC
newbie
Activity: 14
Merit: 0
November 27, 2013, 05:13:44 AM
#12
From what I understand there is no point whatsoever in trying to mine BitCoins with a GPU.

Mine LiteCoins or something similar and look to exchange them for BitCoins.

That is true, there are easier coins to mine than LTC aswel, like WDC and DGC.

With their prices soaring, you can make quite a bit more than mining Bitcoin.
newbie
Activity: 7
Merit: 0
November 27, 2013, 05:04:27 AM
#11
Guess I'll be spending some time learning how to mine cryptocurrency.
newbie
Activity: 8
Merit: 0
November 27, 2013, 04:45:30 AM
#10
From what I understand there is no point whatsoever in trying to mine BitCoins with a GPU.

Mine LiteCoins or something similar and look to exchange them for BitCoins.
newbie
Activity: 42
Merit: 0
November 27, 2013, 04:35:37 AM
#9
is a risk of investing money in altcions, bitcoin has a legitimacy that altcoins don't have yet.
why not just invest time in mining, it's a good possibility.
legendary
Activity: 952
Merit: 1005
--Signature Designs-- http://bit.ly/1Pjbx77
November 27, 2013, 04:33:28 AM
#8
At this moment, I would prefer lower fees, and miners include more transactions in a block.
full member
Activity: 191
Merit: 100
Dadice Fixed Rate.
November 27, 2013, 04:17:11 AM
#7
I doubt faster confirmations is any long term advantage, quite oposite. If cryptocurrency has to be more successfull, it needs to process much more transaction, thus bigger blocks. And the faster the confirmations are, the higher orphan %. The only solution for faster confirmations cryptocurrency is not include many transaction in block, but it mean this cryptocurrency cannot be used much

newbie
Activity: 7
Merit: 0
November 27, 2013, 04:05:19 AM
#6
I've been looking at LTC, haven't bought into it yet but it looks promising. Would it be possible to mine LTC with my crappy integrated GPU?
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