Topic: Favorite Alt Coin and Why? - page 2. (Read 916 times)
litecoin, trollbox says that mtgox adding them
Most of the people in this thread clearly have an interst in their reasoning.
I'm not going to do the same.
I'm not going to do the same.
I'm trying to avoid Litecoin since I know the difficulty is going way up due to the amount of ASIC's in existence so I've been mining Feathercoin for about 24hours and since the difficulty of that just doubled, I'm getting about 60 a day.
AFAIK there are no ASICs for LTC because of scrypt, it's more about memory and just straight calculations.
O ha
PPC. Long-term this is a great idea. Other than that, I think faster confirms are great, so LTC.
FC, just sounds nice, a lot out their and people are buying. Could become the alt to LTC.
I too am torn. Trying to spread it all around. I am placing bets on Bitcoins. More exposure.
I'm conflicted, two years ago i saw bitcoin, tried solo mining for a few days, didn't get anything, then proceeded to give up. fast forward to present and I'm kicking myself that I didn't jump in sooner. Now for some reason, I'm looking at these alternative currencies with the same apprehension that I had given bitcoin. Am I making the same mistake again? I don't know. With bitcoin already in place the only reason that I see litecoin etc. around for is so people who missed out on bitcoin can get in early on something else. Damn things are worth 2-5$ atm. Shoulda woulda coulda?
As a side note, does the fact that there are so many virtual currencies diminish what bitcoin is trying to do? At the rate we are going everyone is going to have their own currency... Hey, i'll trade you 1 of my lewicki's for 2 of your Fife's.
As a side note, does the fact that there are so many virtual currencies diminish what bitcoin is trying to do? At the rate we are going everyone is going to have their own currency... Hey, i'll trade you 1 of my lewicki's for 2 of your Fife's.
Either or works.
I personally view all the alt coins from a mining point of view, I don't understand there use other than competition to BTC otherwise.
I personally view all the alt coins from a mining point of view, I don't understand there use other than competition to BTC otherwise.
I suppose that i use namecoin a bit but that's only because i get it along with my main mining of bitcoins
Do you mean from a mining standpoint or from a growth potential standpoint?
If you're serious about getting a return on investment, Litecoin is the way to go.
Just curious incase anyone on here, is here for something other than Bitcoin.
I'm trying to avoid Litecoin since I know the difficulty is going way up due to the amount of ASIC's in existence so I've been mining Feathercoin for about 24hours and since the difficulty of that just doubled, I'm getting about 60 a day.
When I get my own rig built I plan on mining Litecoin, or incase the difficulty is to high maybe PPC it has a pretty interesting model behind it in the long term.
I'm trying to avoid Litecoin since I know the difficulty is going way up due to the amount of ASIC's in existence so I've been mining Feathercoin for about 24hours and since the difficulty of that just doubled, I'm getting about 60 a day.
When I get my own rig built I plan on mining Litecoin, or incase the difficulty is to high maybe PPC it has a pretty interesting model behind it in the long term.
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