Unless its been established for a while, and not significantly premined /instamined, and actively supported by devs and its community... I wouldn't trust it.
H.
Topic: How can I trust an altcoin when... (Read 1660 times)
I wanted to play around with some altcoins but many of the main websites are sketch at best. For example when checking out UltraCoin, their recommended miner has spyware in it. What altcoins can you trust?
never download any file from any of unknown or new altcoins that just came out, unless you know programming and can check the code yourself.if you want to invest or have an altcoin's wallet you can always make an address on an exchanger, although it is not recommended to keep money on an exchanger, but it is safer to download an unknown altcoin's wallet.
another way is to make a virtual machine on you computer, with a program like virtualbox. this way you can protect your system from any malware. you still have to be careful though.
also you can mostly trust altcoins that are old and have a huge number of users, that way you have lower chance of getting malwares.
You can get a virus from any wallet or miner software. People will try hack sites to upload a malicious version and people frequently try to post them on here to try dupe people into downloading them. This is why I don't really bother with new alts are they're largely a waste of time anyway/
I wanted to play around with some altcoins but many of the main websites are sketch at best. For example when checking out UltraCoin, their recommended miner has spyware in it. What altcoins can you trust?
Sometimes miners have "false positive" something when you check them with antivirus programs. But they are just built that way that antivirus thinks so.
Best for you is to take some time and follow coins and their communities. With time you will find out what is their intention.
Why not try the top altcoins? At least they are accepted by most ppl and the market. The dev team is still active. We have more chance to have some earning.
+1
The bottom alt coins are usually the ones that will die soon and become worthless.
LTC, NXT... besides i dont see any. oh probably CyberCoin if they are still alive.
well the one that i use and trust is ziftr coin. i also mine this coin 
Why not try the top altcoins? At least they are accepted by most ppl and the market. The dev team is still active. We have more chance to have some earning.
New alts are like ponzi. You must leave before the colapse.
Timing is the most important in crypto. Don´t be the last bag holder.
Timing is the most important in crypto. Don´t be the last bag holder.
Never trust a new coins with new dev. Unless they exist for a while. The dev team is active, and the features is innovative and developed continually. It gains a lot of trust from ppl.
He used the word trust and crypto in the same sentence lol You cant trust any of them. They are all here to get your money. If you can outsmart them, you can take theirs. Thus is the game of crypto. Buyer beware!
lol this site is a joke, Cinnicoin at #10 with $ 101,084 volume? Whose ass are they pulling those numbers out of it?
I wanted to play around with some altcoins but many of the main websites are sketch at best. For example when checking out UltraCoin, their recommended miner has spyware in it. What altcoins can you trust?
Most coins with team members/developers that use their real names and have been around for years you can trust.
nope.
this is very bad advice.. BIG TIME !
many of these guys simply set you all up for a "scenario"
such as.. whoooopsy "I wuz haxed"
edit:
and so called "real" identities can be faked / made up easily or rented etc.
I wanted to play around with some altcoins but many of the main websites are sketch at best. For example when checking out UltraCoin, their recommended miner has spyware in it. What altcoins can you trust?
Most coins with team members/developers that use their real names and have been around for years you can trust.
good answer
Joulecoin is legit.
Quite small, uses SHA-256 so you can use a bitcoin miner to mine it. Won't cost much to get coins.
Quite small, uses SHA-256 so you can use a bitcoin miner to mine it. Won't cost much to get coins.
Netcoin (NET) active team going on two years. Lots of blood, sweat, and tears have went into Netcoin.
It is hard to trust altcoins with so many of them. I like old coins that are still around. There are a few good new coins out there but they are hard to find.
It is hard to trust altcoins with so many of them. I like old coins that are still around. There are a few good new coins out there but they are hard to find.
I wanted to play around with some altcoins but many of the main websites are sketch at best. For example when checking out UltraCoin, their recommended miner has spyware in it. What altcoins can you trust?
"Trust cannot be learned, purchased, or acquired-- it can only be earned." -Anonymous
Earning takes time, so asking others for recommendations is probably a bad starting point. Maybe figure out what's most important to you in a coin and then work out which coins have best implemented those features and have the most trust worthy community and devs.
Good feedback. It is hard to find the best place to start. As people state set up a VM, download the wallet, use monitoring tools and keep an eye out. See if others are talking about the coin, see social media and BCT and other crypto websites read up but remember just because a thousand people are raving about a coin doesn't mean its trustworthy.
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