Topic: Im over it with Altcoins..... - page 3. (Read 3159 times)

Ive been mining them mainly to pump and dump if they rise in value, since i dont have much hashing power ive been careful what ive been mining, since ive been mining the most profitable coins and then keeping them to exchange for better coins.
90% of the altcoins are just litecoin clones with an adjusted block time and number of coins issued.
As much as i like bitcoin, i can see it needs major room for improvement and transaction speed is one of those things that needs improving.
It would be great to see all these developers work together to bring a decent currency that can replace credit cards or EFTPOS.
It also has to be easy to use.
I dont think that a currency with a huge number of coins is a bad thing, since if we want a global coin, we really eventually need hundreds of billions of coins or else they will be over inflated like bitcoin and breaking something down into smaller units isnt really that appealing.
If there was a way to slowly release this many coins as the currency was adpoted is the key in controlling the inflation, as is regulating the hashing power so that it will not be impossible to mine in the future.
NXT has alot of advantages as mining is not required to keep the thing running, and i think this is a major advantage over other coins.
I liked the idea of mint coin as it is a POS coin that lets you mine it at the start. Its good to see another coin that was build from scratch and not just a litecoin/bitcoin clone. I see there is another fork of NXT, but again, only those that registered and paid a certian amount got the first block of coins, it really makes me wonder if the developers did it for quick cash.

All i know is at the end of this year most of these altcoins should have died, its crazy seeing a new one pop up every day with no real advantage over another.

I think that in december the major coins will be bitcoin, litecoin, doge, quark, peercoin, NXT

Goldcoin may very well be a good coin to mine, however other coins are more profitable, so exchanging my digibyte for them would be a better idea i guess.

Maybe i should just exchange all my coins for bitcoin and face that bitcoin is here to stay? IDK

^This^

alt coins are ways to get bitcoins until the day they aren't

ok very good

You should look into mining Goldcoin (GLD) and holding through the summer.

Minę SUN it will profit soon

well thats a big enough part to ensure most of this niche crypto community wont go for it, and to those outside crypto its got even less going for it.

stop hunting for new alts then. concentrate on what you have and support

Well NXT could very well be a crap coin, but if NXT is crap, then all the altcoins are crap.
NXT has alot going for it, its just the distribution of it that wasnt fair.

I dont get why people think quark is going to be so successful, digibyte is virtually instant as is NXT.
If i could predict the future, it would be nice, but all the advice on the coins varys so much here mainly because alot of people are so biased towards a particular currency.
Im mining doge again for the meantime i guess i feel like giving up because my mates have chucked in their rigs.

when the going gets tough, the tough get going.. you pussy!

 

I can't get over every coin you mentioned is a newbie scam crapcoin.....

why can't every coin be like bitcoin. $1000 at first hr it came out 

Capitulating eh???  Good for you.  People who can hack it don't people who can't do.  It you don't have the wherewithal for business then you probably will not hack it in cryptos.  So good luck on your future endeavours.  Maybe you will find the thing that make you hit it big.

Is anyone else with me on this?
Im on the verge of selling my mining rig, power costs are too expensive for the return...
I have wasted alot of time mining mintcoin, digibyte and vertcoin, i think i should have just stuck with dogecoin, since i have more faith in this coin than any others.

I still get mixed views on NXT coin, i want to exchange what ive got with whatever will be the most likely successor to bitcoin.

I just cant get over the amount of crapcoins being introduced every day, its enough to make me loose interest in the whole thing altogether.
Is there any other coin i should have a crack at before ditching my rig?