Newbie Altcoins questions? | Bitcointalksearch.org

AusKipper

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Quote from: Dreamspider on March 27, 2017, 10:49:56 AM

Quote from: AusKipper on March 23, 2017, 04:13:29 PM

Quote from: klarki on March 23, 2017, 03:39:27 PM

I do not advise you to keep all the coins in one purse.
It is not safe.

Further to that if your not trading them get them out of the exchange and store them locally on a hardware wallet or something.

what hardware wallet would you recommend?

Ledger seems popular for bitcoin.

Different coins will require different wallets you would have to do your own research.

animalroam

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Quote from: very_452001 on March 27, 2017, 04:06:13 PM

Another question is how does one know that a altcoin is declared dead? Or do they live forever as they are decentralised or can the inventors of that altcoin shut down its own network?

When i mean dead I don't mean a crashed lifeless chart that is still going, I mean that so dead that they don't exist online to buy anymore.

A network can be dead if no miners are staking (POS) or hashing (POW). A creator cannot shut down a decentralized network because he or she does not own the network. However, many people consider older coins without exchanges dead because they are illiquid.

very_452001

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Another question is how does one know that a altcoin is declared dead? Or do they live forever as they are decentralised or can the inventors of that altcoin shut down its own network?

When i mean dead I don't mean a crashed lifeless chart that is still going, I mean that so dead that they don't exist online to buy anymore.

traderethereum

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Quote from: very_452001 on March 21, 2017, 07:22:36 PM

Apart from obvious bitcoin which established altcoin is the best overall backed up by good reviews?

Bitcoin has a max supply of 21 million coins,

What is the max supply of Ethereum?

What is the max supply of Dash?

What is the max supply of Monero?

Is there a all in one wallet that can store all these altcoins? If so which is the best wallet to use?

Im from UK and like to know which is the best exchange for me with the most volume for altcoins like these?

Thanks,

i don't really know how much the max of each of coins you asked but i know the wallet that can store all of the coins you asked which is jaxx. with jaxx you can use it in your android phone so you can send and receive the coins directly into your android phone. beside that you can controlled how much you want to spend and makes the fee that comfortable with you. for the best exchange, i will suggest you to use poloniex and bittrex as the two of them is the large market exchanges for now.

dwgscale11

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ETH had a 72 million premine. Dash had an insta mine. All scams.

hankyulpark

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Quote from: very_452001 on March 21, 2017, 07:22:36 PM

Apart from obvious bitcoin which established altcoin is the best overall backed up by good reviews?

Bitcoin has a max supply of 21 million coins,

What is the max supply of Ethereum?

What is the max supply of Dash?

What is the max supply of Monero?

Is there a all in one wallet that can store all these altcoins? If so which is the best wallet to use?

Im from UK and like to know which is the best exchange for me with the most volume for altcoins like these?

Thanks,

Ethereum has a mechanism that will allow ether consumption to pay for gas to process transactions, smart contracts, and etc. Is believed that this consumption will, at some point, stop the monetary base growth and limit inflation efects. And we have PoS, which also will remove ether from the market.

Ayers

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Quote from: very_452001 on March 21, 2017, 07:22:36 PM

Apart from obvious bitcoin which established altcoin is the best overall backed up by good reviews?

Bitcoin has a max supply of 21 million coins,

What is the max supply of Ethereum?

What is the max supply of Dash?

What is the max supply of Monero?

Is there a all in one wallet that can store all these altcoins? If so which is the best wallet to use?

Im from UK and like to know which is the best exchange for me with the most volume for altcoins like these?

Thanks,

etehruem has around 88M supply, dash has far less supply around 7 million, monero has double of that around 14 million, you can check any supply on coinmarketcap there are many coins there, there was in the past the wallet you want a multicoins wallet, but i don't think it was upgraded to host all the new coins

Dreamspider

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Quote from: AusKipper on March 23, 2017, 04:13:29 PM

Quote from: klarki on March 23, 2017, 03:39:27 PM

I do not advise you to keep all the coins in one purse.
It is not safe.

Further to that if your not trading them get them out of the exchange and store them locally on a hardware wallet or something.

what hardware wallet would you recommend?

BitcoinHodler

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Quote from: very_452001 on March 21, 2017, 07:22:36 PM

Apart from obvious bitcoin which established altcoin is the best overall backed up by good reviews?

what do you want to do?
if it is just using a cryptocurrency as a currency and pay for stuff then bitcoin is the ONLY choice. if it is for investment to make some money then you have two approaches.
1. long term investment in the most trusted thing: then the choice is only bitcoin.
2. short term investment or trading then it is bitcoin and almost all the altcoins. there are a lot of them around and most of them are good at least temporarily. try to find those periods that they are good and invest in those periods and when you feel like the period is ending dump before the end.

Quote

Bitcoin has a max supply of 21 million coins,
What is the max supply of Ethereum?
What is the max supply of Dash?
What is the max supply of Monero?

go to http://coinmarketcap.com/ and see all the information you want, there is max supply and current available supply of each coin and much more information.

Quote

Is there a all in one wallet that can store all these altcoins? If so which is the best wallet to use?

Im from UK and like to know which is the best exchange for me with the most volume for altcoins like these?

Thanks,

most of us just keep the coins on exchanges so there is no need for us to have an altcoin wallet! some altcoins like Litecoin have SPV wallets which you can download and it is light (electrum-ltc).
but for the rest you have to be running the full wallet and that requires a big free HDD and a fast internet!

exchanges that are good are poloniex and bittrex.com

raphma

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Quote from: very_452001 on March 23, 2017, 02:17:15 PM

I thought Monero has a max supply of 18-19 million right?

Can anyone confirm that Dash has a max supply of 22 million?

as far as i'm aware, both will have a very low emission rate at some point, but it will never be zero.
so IMO they are unlimited.

Quote from: very_452001 on March 23, 2017, 02:17:15 PM

Out of Bitfinex and Poloniex exchanges which is the better overall?

well.. i wouldn't trust in bitfinex.

AusKipper

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Activity: 98

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Quote from: klarki on March 23, 2017, 03:39:27 PM

I do not advise you to keep all the coins in one purse.
It is not safe.

Further to that if your not trading them get them out of the exchange and store them locally on a hardware wallet or something.

klarki

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I do not advise you to keep all the coins in one purse.
It is not safe.

AusKipper

member

Activity: 98

Merit: 10

Do you know about this website yet:

http://coinmarketcap.com/

Lists all coins by market cap, which is the important thing, not how many coins they have.

When your looking at how many coins they have what you really care about is how many coins CAN still be created. IE Monero has no limit to the max coins, but new coins come out at a fixed rate under 2% inflation per year. By comparison Ripple can dump new coins on the market whenever they want.

Bittrex is another exchange you could look at. I use Bittrex but thats the only one I have used so I cant review or compare it.

very_452001

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Quote from: raphma on March 21, 2017, 08:58:02 PM

Quote from: very_452001 on March 21, 2017, 07:22:36 PM

What is the max supply of Ethereum?

there is no max supply for ETH.

Quote from: very_452001 on March 21, 2017, 07:22:36 PM

What is the max supply of Monero?

there is no max supply for XMR.

Quote from: very_452001 on March 21, 2017, 07:22:36 PM

Is there a all in one wallet that can store all these altcoins? If so which is the best wallet to use?

i never used a multi currency wallet, so i don't have a personal opinion on that. but i think jaxx.io have them all.

I thought Monero has a max supply of 18-19 million right?

Can anyone confirm that Dash has a max supply of 22 million?

Out of Bitfinex and Poloniex exchanges which is the better overall?

h.fisherman

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Also if someone can share the transaction fees for the above mentioned coins.

Quote from: very_452001 on March 21, 2017, 07:22:36 PM

Is there a all in one wallet that can store all these altcoins? If so which is the best wallet to use?

I have checked multiple wallets but I don't think you have any option for multi-currency wallet.

very_452001

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Activity: 1056

Merit: 270

So Ethereum and Monero have no max supply so that means these altcoins can be victims of Inflation?

I understand that bitcoin has .8 decimal places,

So how many decimal places are there for Ethereum, Dash and Monero?

raphma

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Merit: 250

Quote from: very_452001 on March 21, 2017, 07:22:36 PM

What is the max supply of Ethereum?

there is no max supply for ETH.

Quote from: very_452001 on March 21, 2017, 07:22:36 PM

What is the max supply of Monero?

there is no max supply for XMR.

Quote from: very_452001 on March 21, 2017, 07:22:36 PM

Is there a all in one wallet that can store all these altcoins? If so which is the best wallet to use?

i never used a multi currency wallet, so i don't have a personal opinion on that. but i think jaxx.io have them all.

very_452001

sr. member

Activity: 1056

Merit: 270

Apart from obvious bitcoin which established altcoin is the best overall backed up by good reviews?

Bitcoin has a max supply of 21 million coins,

What is the max supply of Ethereum?

What is the max supply of Dash?

What is the max supply of Monero?

Is there a all in one wallet that can store all these altcoins? If so which is the best wallet to use?

Im from UK and like to know which is the best exchange for me with the most volume for altcoins like these?

Thanks,

Topic: Newbie Altcoins questions? (Read 850 times)