Which cryptocurrency are you using exept Bitcoin?why? - page 2.

VirosaGITS

legendary

Activity: 1302

Merit: 1068

Quote from: prodigy8 on October 05, 2015, 02:24:32 PM

Quote from: VirosaGITS on October 05, 2015, 02:19:21 PM

Quote from: prodigy8 on October 05, 2015, 02:18:12 PM

I have been using for a few weeks trading bitcoins to ethereum.
Especially in poloniex as the volume was enormous.
The volume was over 1 thousand bitcoin, and the trades were really dynamically.

Did you manage to margin trade or something? I haven't had much luck with Eth. I mine it so i'm okay and the profitability is still good but for flipping it, the scene was not very good for me. Maybe someone more experienced could do better, but with the price crashing at the moment, i just feel like dumping what i mine instead of holding like i did for a while.

No i don't use margin trading as i don't understand the fundamentals on how does it work.
I have tried many chances to understand but also people in the trollbox didn't recommended me.

Hah i see. Well i can tell you, its pretty simple, you need volume and spread, a significant difference in buy and sell price. You need a stable-ish value and you basically just buy and sell at the same time, within the margin between buy and sell. That way you might buy a 0.001 and sell at 0.0012 at the same time, getting you 20% profit minus trading fees.

Thats the concept anyways i don't have a recommendation on a coin or a indepth suggestion. I'd guess if you google it you could find someone nice.

prodigy8

hero member

Activity: 532

Merit: 500

Quote from: VirosaGITS on October 05, 2015, 02:19:21 PM

Quote from: prodigy8 on October 05, 2015, 02:18:12 PM

I have been using for a few weeks trading bitcoins to ethereum.
Especially in poloniex as the volume was enormous.
The volume was over 1 thousand bitcoin, and the trades were really dynamically.

Did you manage to margin trade or something? I haven't had much luck with Eth. I mine it so i'm okay and the profitability is still good but for flipping it, the scene was not very good for me. Maybe someone more experienced could do better, but with the price crashing at the moment, i just feel like dumping what i mine instead of holding like i did for a while.

No i don't use margin trading as i don't understand the fundamentals on how does it work.
I have tried many chances to understand but also people in the trollbox didn't recommended me.

VirosaGITS

legendary

Activity: 1302

Merit: 1068

Quote from: prodigy8 on October 05, 2015, 02:18:12 PM

I have been using for a few weeks trading bitcoins to ethereum.
Especially in poloniex as the volume was enormous.
The volume was over 1 thousand bitcoin, and the trades were really dynamically.

Did you manage to margin trade or something? I haven't had much luck with Eth. I mine it so i'm okay and the profitability is still good but for flipping it, the scene was not very good for me. Maybe someone more experienced could do better, but with the price crashing at the moment, i just feel like dumping what i mine instead of holding like i did for a while.

prodigy8

hero member

Activity: 532

Merit: 500

I have been using for a few weeks trading bitcoins to ethereum.
Especially in poloniex as the volume was enormous.
The volume was over 1 thousand bitcoin, and the trades were really dynamically.

UserVVIP

sr. member

Activity: 294

Merit: 250

Bitcoin because bitcoin is the best. PS when bitcoin half's again the price will increase 10 fold!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!11

VirosaGITS

legendary

Activity: 1302

Merit: 1068

Quote from: Abiky on October 05, 2015, 12:26:11 PM

Quote from: Newkid on October 03, 2015, 10:53:09 PM

Quote from: VirosaGITS on October 03, 2015, 02:47:38 PM

Its "cool" but not very profitable. I bought a 4tb HDD for gaming and i checked the profitability, is very bleh. It really does not compare to just buying proper hardware. I'm guessing the coin isint too used since its been around for quite a while and its almost unheard of.

Yeah I don´t realy do it for the profitability... I just want to see where this coin will go because of its concept... also my PC is on 24/7 anyways so it doesnt realy matter if my external HDD jumps on from time to time then goes back to sleep... Wink

If you're leaving your PC on 24/7, then that would be a possibility to earn more Burst. A 3.5 external HDD would be more reliable and faster than a 2.5 laptop HDD. Still, if you're curious about knowing how much Burst you would mine, I suggest you visit this page: http://burstcoin.biz/calculator Have fun! Wink

2$ per month for my 300$ HDD. Not a very good investment. Also i didn't check what the proof of capacity actually do, but if it put any use on the HDD, its really not worth the 24$ at current rate over one year.

Abiky

legendary

Activity: 3220

Merit: 1363

www.Crypto.Games: Multiple coins, multiple games

Quote from: Newkid on October 03, 2015, 10:53:09 PM

Quote from: VirosaGITS on October 03, 2015, 02:47:38 PM

Its "cool" but not very profitable. I bought a 4tb HDD for gaming and i checked the profitability, is very bleh. It really does not compare to just buying proper hardware. I'm guessing the coin isint too used since its been around for quite a while and its almost unheard of.

Yeah I don´t realy do it for the profitability... I just want to see where this coin will go because of its concept... also my PC is on 24/7 anyways so it doesnt realy matter if my external HDD jumps on from time to time then goes back to sleep... Wink

If you're leaving your PC on 24/7, then that would be a possibility to earn more Burst. A 3.5 external HDD would be more reliable and faster than a 2.5 laptop HDD. Still, if you're curious about knowing how much Burst you would mine, I suggest you visit this page: http://burstcoin.biz/calculator Have fun! Wink

Newkid

newbie

Activity: 36

Merit: 0

Quote from: VirosaGITS on October 03, 2015, 02:47:38 PM

Its "cool" but not very profitable. I bought a 4tb HDD for gaming and i checked the profitability, is very bleh. It really does not compare to just buying proper hardware. I'm guessing the coin isint too used since its been around for quite a while and its almost unheard of.

Yeah I don´t realy do it for the profitability... I just want to see where this coin will go because of its concept... also my PC is on 24/7 anyways so it doesnt realy matter if my external HDD jumps on from time to time then goes back to sleep... Wink

VirosaGITS

legendary

Activity: 1302

Merit: 1068

Quote from: Newkid on October 03, 2015, 09:34:55 AM

So nobody using BURSTCOIN? I think its pretty cool because of proof-of-capacity instead of work or stake...

Its "cool" but not very profitable. I bought a 4tb HDD for gaming and i checked the profitability, is very bleh. It really does not compare to just buying proper hardware. I'm guessing the coin isint too used since its been around for quite a while and its almost unheard of.

Newkid

newbie

Activity: 36

Merit: 0

So nobody using BURSTCOIN? I think its pretty cool because of proof-of-capacity instead of work or stake...

KhalDrago

sr. member

Activity: 350

Merit: 250

Quote from: okae on October 03, 2015, 08:13:39 AM

Quote from: KhalDrago on October 03, 2015, 06:46:23 AM

people still use doge? lol

not only using, at http://coinmarketcap.com/ you can see at the current moment, is on the number #8 Wink

Coinmarketcap doesn't mean shit really, banxshares with no community and pretty much a scam is listed even higher than doge. those who look at coinmarketcap to decide a coins success rate are plain dumb. doge had its fame but it pretty much done, only left with a bunch of dog lovers, its just litecoin with a different name and logo slapped on top.

okae

legendary

Activity: 1401

Merit: 1008

northern exposure

Quote from: KhalDrago on October 03, 2015, 06:46:23 AM

people still use doge? lol

not only using, at http://coinmarketcap.com/ you can see at the current moment, is on the number #8 Wink

btw about this one

Quote from: MrsHash on September 30, 2015, 11:32:48 PM

Which cryptocurrency are you using except Bitcoin?why?

im using some good POS coins right now like HYP, PAYCON TRK, all of them looks pretty good for me

KhalDrago

sr. member

Activity: 350

Merit: 250

people still use doge? lol

VirosaGITS

legendary

Activity: 1302

Merit: 1068

Quote from: chennan on October 03, 2015, 01:20:06 AM

Quote from: Amph on October 01, 2015, 05:45:54 AM

monero, because it has that useful feature of anonymity, i don't see the point of using other currency, they do not offer soemthing that bitcoin does not have

and i'm not seeing the long confirmations as a probem right now, because i'm solely using it online at the moment

Yeah I totally agree with you on this aspect... Monero does possess a very good anonymity feature that no other coin can really boast. I have already hedged a decent portion of my funds into Monero now, since the recent price drop from some whale that dumped tons of XMR for whatever reason.

As for the confirmation times, I just read and researched a bit about this new coin coming out... eMunie. Seems to be stupid fast with the confirmation times, and has a really good chance of being a major contender way later on down the road. It still has yet to be released, but during the beta test, it seemed to get a lot of good reviews.

Thread is here:
https://bitcointalksearch.org/topic/emunie-the-fastest-crypto-currency-1191535

I don't really see an upside on an altcoin that confirm super fast. To be safe you'd need to wait a few hours for many confirmations anyways. Forks on altcoins happen all the time.

Meanwhile a single confirmation on Bitcoin is relatively strong and waiting for 3 isin't much longer.
If you do very small transaction, for something like a coffee, then you don,t even need confirmation for the merchant, since a double spending attack on such a small amount would be self damaging more than anything.

Just take it easy, there might be room for more than one crypto, but they will need to bring something completely apart from what Bitcoin can bring. Beside true anonymity that can be solved in side chains, i really don't see anything.

chennan

legendary

Activity: 1316

Merit: 1004

Quote from: Amph on October 01, 2015, 05:45:54 AM

monero, because it has that useful feature of anonymity, i don't see the point of using other currency, they do not offer soemthing that bitcoin does not have

and i'm not seeing the long confirmations as a probem right now, because i'm solely using it online at the moment

Yeah I totally agree with you on this aspect... Monero does possess a very good anonymity feature that no other coin can really boast. I have already hedged a decent portion of my funds into Monero now, since the recent price drop from some whale that dumped tons of XMR for whatever reason.

As for the confirmation times, I just read and researched a bit about this new coin coming out... eMunie. Seems to be stupid fast with the confirmation times, and has a really good chance of being a major contender way later on down the road. It still has yet to be released, but during the beta test, it seemed to get a lot of good reviews.

Thread is here:
https://bitcointalksearch.org/topic/emunie-the-fastest-crypto-currency-1191535

VentureC

member

Activity: 69

Merit: 10

I like to use Doge a lot for the same reasons others mentioned already, namely:

- Very low transaction fees (awesome)
- Very fast transfer/confirmation times (even more awesome)
- Still as fun to use as in its early days
- Big community of users and holders
- Actual retailers that accept the coin directly as payment
- and Doge is great as a trading pair with other low value alt coins because of it's low value per coin which allows for accuracy on exchanges.

I also like to use TEK, CAP and SPRTS for their POS (Proof of Stake) ability. No need for hardware miners or wasting of resources, just hold an amount in your wallet and reap interest over time.

And last but not least I just started to use XCR (Crypti) which offers a decentralized applications platform with and all-round solution for Node.js and JavaScript developers to deploy their own decentralized applications (DAPPS). XCR is certainly not the first one to offer a DAPPS platform of course (think ETH) but IMHO it is the most promising.

sdmathis

hero member

Activity: 546

Merit: 500

AKA The Rubber Monkey

I have used Doge and Litecoin, but the majority of my transactions are in Bitcoin. Except for trading on an exchange, there is very little use for most altcoins.

Ceizer54

full member

Activity: 196

Merit: 100

Quote from: MrsHash on September 30, 2015, 11:32:48 PM

Which cryptocurrency are you using except Bitcoin?why?

I use the below three coins except bitcoin
1.Menoro (XMR)
2.DASH
3 .Etherium(Eth)

And my personal favourite is DASH because i find the potential in this coin..I believe the price of this coin will soon going to reach 0.01 bitcoin..It's price is low now but this coin is showing the potential..if it just becomes little more popular,it's price will sky rocket for sure Grin

I use Menoro too because i heard it's easy to mine with CPU..I have not mined it yet but will soon start mining it..Currently i own few XMR that i bought with Bitcoins

jt byte

hero member

Activity: 994

Merit: 500

Quote from: HeroCat on October 02, 2015, 09:53:45 AM

I use Dogecoin, because of fast transaction times and thinking of Dashcoin use, I have also some other crypto coins too Wink

Mostly why i use DOGE is because of their very little fee (most of the time 1 DOGE)
1 DOGE is around 0.0001 USD, basically 100 doge is only 1 cents.
The transaction confirmation takes much faster than a bitcoin transcation.

HeroCat

hero member

Activity: 658

Merit: 500

I use Dogecoin, because of fast transaction times and thinking of Dashcoin use, I have also some other crypto coins too Wink

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