Alt*coin General

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Alt*coin General Anonymous Mon Mar 10 10:52:43 2014 No.199566 [DELETED]

Let's try this

amdoge not welcomed edition

-Discuss what you're mining
-Discuss why everything is worthless right now
-Shill for upcoming releases
-Share information on helping others to earn money, keep blatant attempts to get others to baghold your obscure shit to a minimum

Good time to buy:
-Doge (Long term hold)
-Maza (Buy and dump)

Stay the fuck away
-AUR

Anonymous Mon Mar 10 10:56:59 2014 No.199580

>>199566
>shitcoin general

Im mining my own business.

Everything is worthless because its not epic. Everything needs to be EPIC.

Diablo 3 is relaeasing a expansion soon. i am a beta tester and its fantastic. im talking phat loots man. im swingin swords like shinobi.

short PRAN for make money.

Its a good time to buy a cellphone. Boost mobile. WHERE YOU AT?

>>	Anonymous Mon Mar 10 10:58:29 2014 No.199583 >>199580 epik simply epik

>>	Anonymous Mon Mar 10 10:59:29 2014 No.199585 >>199580 Nice. Epic. I like it.

Anonymous Mon Mar 10 11:03:29 2014 No.199602

>>199566
I'm mining smartcoin, because that's what i always mine when i have no idea what to mine.
It's still decently profitable and it's pretty much at it's floor price so im expecting an increase of difficulty and price soon....hopefully.
I bought some mintcoin a few days ago since some fags on twitter were shilling the shit out of it. it's up slightly from where i bought in at so thats kewl.
still looking for something interesting but anything new right now just looks shitty.

>>199580
EPIC!
I leik it.

>>	Anonymous Mon Mar 10 11:11:59 2014 No.199613 Good time to buy: Mintcoin can't mine it anymore, price will go up....by how much and how fast, who knows

>>	Anonymous Mon Mar 10 11:35:29 2014 No.199657 orgcoin.

>>	Anonymous Mon Mar 10 11:42:29 2014 No.199676 Failcoin https://bitcointalk.org/index.php?topic=505290.new#new

>>	Anonymous Mon Mar 10 11:42:59 2014 No.199680 GPUCOINNNNNNNNNNN because i want a better gpu than this shitty 560 ti

>>	Anonymous Mon Mar 10 11:47:29 2014 No.199691 >>199566 I wouldn't reccomend buying maza, they just revealed that the dev left on the day that it was released and is now working on maplecoin canadas "official" crypto. What a fag

>>	Anonymous Mon Mar 10 11:48:29 2014 No.199697 >>199566 carbon moon credits

>>	Anonymous Mon Mar 10 11:49:00 2014 No.199702 File: 23 KB, 300x200, image.jpg [View same] [iqdb] [saucenao] [google] >>199566 >amDOGE not welcome to a shitcoin thread +1 Anyone else want to post a trip and claim to be a female on a fucking finance board?

>>	Anonymous Mon Mar 10 12:00:47 2014 No.199723 >Stay the fuck away >-AUR crypto noob spotted. why the feck would you stay away from aur?

>>	Anonymous Mon Mar 10 12:07:47 2014 No.199738 File: 775 KB, 245x245, 1393776768019.gif [View same] [iqdb] [saucenao] [google] >>199580 Does D3 suck less now?

>>	Anonymous Mon Mar 10 12:16:33 2014 No.199764 >>199738 Yeah, its pretty good. >TL:DR Yes

Anonymous Mon Mar 10 12:23:04 2014 No.199791

Y'all better mine a few thousand rapid in the next few weeks.

I'm relaunching this piece of shit pretty soon.
>New client
>KGW
>block reward inversely proportional to difficulty
>Gonna triple block reward for 3 weeks after client is released to make it worthwhile

Difficulty is 0.01 it'll be worth it even if you just mine a few hours right now

>>	Anonymous Mon Mar 10 12:26:33 2014 No.199799 >>199791 you should probably just do a complete retool of it. Or make a new coin entirely. too many bad memories of how badly rapid fucked up. start fresh

>>	Anonymous Mon Mar 10 12:27:33 2014 No.199801 >>199613 >can't mine it anymore >price will go up Why? It has no use whatsoever, so since miners are no longer interested in the coin, what fucking reason is there for the coin to be worth 1satoshi, nevermind more than 25?

>>	Anonymous Mon Mar 10 12:32:33 2014 No.199812 Who is gonna jump aboard the Mazacoin devs latest epic coin, Maplecoin?

Anonymous Mon Mar 10 12:33:04 2014 No.199819

>>199799
That's sorta what I was thinking.
Don't really want to make a new coin though, market is too saturated and I'll actually have to put more innovation into it to stop it from becoming the p&d of the week.

I did actually put a fair amount of work into it so far, so I know I'll be releasing something soon.

>>	Anonymous Mon Mar 10 12:34:03 2014 No.199824 >>199812 kek I wonder if canada would cease and desist the dev.

>>	Anonymous Mon Mar 10 12:43:33 2014 No.199847 60k credits 2mil failcoin 1mil pandacoin 30k doge do i have a chance of making any money with them?

>>	Anonymous Mon Mar 10 12:44:33 2014 No.199849 >>199847 Not really.

>>	Anonymous Mon Mar 10 12:56:03 2014 No.199885 >>199847 wait, the block rewards increase with time with creds?

Anonymous Mon Mar 10 13:05:33 2014 No.199911

>>199885
yeah it was a good idea but they screwed it up and either got greedy or followed the communities advice (Which either means that the coins community is either retards or greedy. or greedy retards)

Basically they shortened the time-frame of the increased block rewards. While before it was planned to be spread over a long period of time someone had ADD and decided they needed things to move faster.

terrible
kinda shot themselves in the foot.

>>	Anonymous Mon Mar 10 13:20:04 2014 No.199966 So anyone here who has some faith in Mazacoin? Bought at 2000 satoshi

>>	Anonymous Mon Mar 10 13:22:04 2014 No.199975 >>199566 who actually buys these shitty alt coins from miners

>>	Anonymous Mon Mar 10 13:24:05 2014 No.199981 >>199975 Daytraders/speculators/bagholders

>>	Anonymous Mon Mar 10 13:25:05 2014 No.199984 Mine Smartcoin.. make profit soon

>>	Anonymous Mon Mar 10 13:39:04 2014 No.200037 >>199966 Nah brah. The dev bailed on the release date and is not working on another scam coin that he claims is supposed to be canadas official crypto currency

>>	Anonymous Mon Mar 10 13:40:04 2014 No.200040 >>200037 Is now working**

>>	Anonymous Mon Mar 10 13:48:34 2014 No.200072 File: 36 KB, 573x404, hebuyscryptos.jpg [View same] [iqdb] [saucenao] [google] >>199975 These kind of people

>>	Anonymous Mon Mar 10 13:50:04 2014 No.200083 Mine piggycoin and sell on swisscex, retard developers are buying their own coins to drive price up. Currently at 60 satoshi.

>>	Anonymous Mon Mar 10 13:53:34 2014 No.200101 >>200083 so I could expect to make about 8 cents a day right? >cyrptos in a nutshell

>>	Anonymous Mon Mar 10 14:46:47 2014 No.200262 Whoa off the front page. Can't have that.

>>	Anonymous Mon Mar 10 15:56:25 2014 No.200531 >>199819 I was in rapidcoin at the beggining and turned out to be shit, but if you are going to re release it, let me know when and point me to the pools/wallet

>>	Anonymous Mon Mar 10 15:59:25 2014 No.200546 >>199657 THIS 200 million cap means 1k satoshi minimum

>>	Anonymous Mon Mar 10 16:01:25 2014 No.200553 >>200531 I was in (insert any crypto currency) at the beginning and turned out to be shit >fixed that you for

>>	Anonymous Mon Mar 10 16:02:55 2014 No.200556 >>200553 Well, yeah, but I have not being there in the beginning of a lot of them.

>>	Anonymous Mon Mar 10 16:17:25 2014 No.200594 File: 196 KB, 800x480, 1394289331544.jpg [View same] [iqdb] [saucenao] [google] >tfw got to offload my FCK that was a close one

Anonymous Mon Mar 10 19:08:47 2014 No.201150

>>199566
>Buying Doge >60 sato
It's sinking like a stone for the next 2 weeks.
>Maza
The pump has been and gone, why buy into a dump.

>>199911
I was one of the people pushing the devs to change it and I'll tell you why. With the rewards as they were I could mine for 4 hours in 6 weeks to get what I got in 24 hours now. There was no reason to mine it so it was going to be DOA without changes.

>>	Anonymous Mon Mar 10 19:24:48 2014 No.201225 550k DOGE 30 Vertcoins 50 Worldcoins 100 Quarkcoins .1 BTC .5 LTC And I just picked up 5 million shitty PND for 12 litoshi each because they're either going to be literally worthless or make me a profit, which I'll either put in Vert or DOGE.

Anonymous Mon Mar 10 19:56:17 2014 No.201346

Alright this is my first time mining a coin- ever
does anyone have a source for the basics? I don't even know how to mine these coins, I went on failcoin and downloaded what was there, and I've watched and tried bitcoin out before, anyone kind enough to help me get started?

None !amDOGE/5/M Mon Mar 10 20:25:17 2014 No.201465

>>201346
Mining Guides:
http://doges.org/index.php?topic=592.0
https://litecoin.info/Mining_hardware_comparison
https://docs.google.com/spreadsheet/lv?key=0AlhSF602y9DSdHRneWVZcjJLWmhjaVBMTHVCR3l4eHc
http://rumorscity.com/2013/12/09/how-to-modify-video-bios-to-undervolt-gpu-in-linux

>>	Anonymous Mon Mar 10 21:34:27 2014 No.201745 Is Quark dead?

>>	Anonymous Mon Mar 10 21:35:27 2014 No.201753 >mining anything other than bitcoin Jesus Christ boys

>>	Anonymous Mon Mar 10 21:37:57 2014 No.201761 >>201745 for now, don't sell at this point, only buy

>>	Anonymous Mon Mar 10 21:40:57 2014 No.201780 >>201753 >mining bitcoin lel comedy gold top kek this is bait

>>	Anonymous Mon Mar 10 21:41:57 2014 No.201786 >>201753 >Mining bitcoin Altcoins mining profits are rated in hundreds of times bitcoin profitability.

>>	Anonymous Mon Mar 10 21:42:57 2014 No.201793 i dont see anyone talk about potcoin ever. apparently it won 9th most popular altcoin in terms of social media presence there was also some investor that sank 50k into potcoin. difficulty is starting to go up a bit more but it's not bad mining at all

Bongocoin.com Bongocoin Mon Mar 10 21:42:57 2014 No.201794
File: 59 KB, 960x390, 1394502163355.jpg [View same] [iqdb] [saucenao] [google]

Hello, I'm one of the creators of Bongocoin.com a service that lets you pay with Altcoins in ALL online stores.

I would like to ask for your recommendations on how to improve our website.
The best 3 recommendations will each receive 1 million PND.

>>	Anonymous Mon Mar 10 21:43:27 2014 No.201798 >>201780 1 bit coin $3250 year end

>>	Anonymous Mon Mar 10 21:48:27 2014 No.201817 >>201794 >1 million PND I'd rather have the equivalent in US dollars. Therefore you can go ahead and send over my check for 12 cents and we'll call it a day.

>>	Anonymous Mon Mar 10 21:48:27 2014 No.201823 What is the best coin to mine? Is it still doge? is doge undervalued right now?

>>	PUio5YZKBWL47USKUTHVV6fydnx62S(...) Mon Mar 10 21:48:57 2014 No.201818 >>201794 Put the current exchange rates on the site, at least from BTC / LTC.

>>	Anonymous Mon Mar 10 21:49:27 2014 No.201826 I've been mining Litecoin since april of last year. Mined about 500 of them. Spent 150 on an ASIC preorder. Donated about 30 and spent about 20 on misc stuff. Have 300 left. Sold my rig and now I hold.

>>	Anonymous Mon Mar 10 21:50:58 2014 No.201829 >>201823 >actually thinking any coin has value besides bitcoin

Anonymous Mon Mar 10 21:53:27 2014 No.201837

>>201829
stop this shitposting or retardation

seriously, none of these coins have value other than what people on the internet think they have

mining altcoins and trading them for BTC is hundreds of times more profitable than mining BTC, you simply cannot deny this

>>	Anonymous Mon Mar 10 21:53:27 2014 No.201838 >>201823 Doge is still drastically over valued, BEE isn't bad profit right now but I'm betting on the Credits train.

>>	Anonymous Mon Mar 10 21:55:27 2014 No.201842 >>201837 You're right, mining shitcoins is more profitable than mining bitcoins. You stand to make .0000001$ mining bitcoin, while mining shitcoins gets you a cool .00001$. I wasn't arguing that point. I was simply saying shitcoins are shit

>>	Anonymous Mon Mar 10 22:03:28 2014 No.201872 >>201838 How is Doge over valued of all things? It's one of the only altcoins out there with a huge amount of media exposure, developing services and a hueg rate of adoption.

Anonymous Mon Mar 10 22:10:57 2014 No.201896

>>201872
It's getting mined hard and there will be 100,000,000,000 this time next year.
I sold at 277 because I thought it was going to drop, I talked a friend into selling at 160 a couple of days ago. If you want to buy then buy, you can help out a few bag holders.

>>	Anonymous Mon Mar 10 22:32:56 2014 No.201975 so i keep getting that my credits wallet address is not valid, what am i doing wrong and where is the credits.conf file that im supposed to paste into my appdata folder the credits homepage is kind of shit

>>	Anonymous Mon Mar 10 22:37:56 2014 No.201990 >>201975 It will be here https://bitcointalk.org/index.php?topic=496685.0 I can't say where as I'm pool mining.

>>	Anonymous Mon Mar 10 22:39:56 2014 No.201999 >ctrl +f >no octocoin Why am I alone and ignored whenever I bring this coin up. I'm not even going to explain about it any more.

>>	Anonymous Mon Mar 10 22:45:04 2014 No.202023 File: 1.73 MB, 407x161, 1393637483220.gif [View same] [iqdb] [saucenao] [google] >>199566 >no vertcoin nigga what are you doing >tfw I am already in the top 300 richest VTC addresses and the 2nd gen scrypt ASICs haven't even shipped yet

PQmVH3KmVQsCu7otHanpTL8BfAyAXD(...) Mon Mar 10 22:47:02 2014 No.202032

>>201794
You need to explain better how it works. The wording needs to be more precise, does it mean I can use it on any online store that accepts a credit card, or paypal or what? I feel uneasy about using the service without knowing whether it will work.

Can't watch the youtube video on the site because I am on my phone.

>>	Anonymous Mon Mar 10 22:50:02 2014 No.202045 >>201999 I listened anon, I just didn't hear you until now.

>>	Anonymous Mon Mar 10 23:10:50 2014 No.202121 >>201786 Not with ASICs m8 :^]

>>	Anonymous Mon Mar 10 23:15:50 2014 No.202140 >invest 1 BTC in MazaCoin >"guaranteed" to skyrocket once it hits Cryptsy >it just decreases >keeps decreasing >not even a pump >pull out with 0.34 BTC Thanks, Obama.

Anonymous Mon Mar 10 23:16:50 2014 No.202142

>>199702
>Anyone else want to post a trip and claim to be a female on a fucking finance board?
Are you a newfag? amDoge has been in the threads before /biz/ was created, and she never claimed to be a female, anons did, and then they discovered he/she was converting with hormones from her/his posts on reddit

>>	Anonymous Mon Mar 10 23:26:50 2014 No.202172 >>202140 The shills got you, You need to be in before it goes up, buying at the top only helps the shills sell at the top.

>>	Anonymous Mon Mar 10 23:28:50 2014 No.202173 >>202172 >You need to be in before it goes up This, or just moments after it started to go up

Anonymous Tue Mar 11 00:35:24 2014 No.202352

>>201745
Quark is in kind of an interesting position. It has sort of decent features and a fanbase of crazies who will never sell, also it's in the range where it looks not so bad on coinmarketcap but is still pumpable by organised groups (read: chinese).

Could definitely still completely die, but I think it has a better chance than most when it comes to seeing massive gains out of nowhere.

>>	Anonymous Tue Mar 11 00:35:53 2014 No.202355 http://www.youtube.com/watch?v=6ok9BWE4UIU Average mazacoin bagholder

>>	Anonymous Tue Mar 11 01:04:25 2014 No.202415 >>201842 somebody bought nvidia

>>	Anonymous Tue Mar 11 01:08:55 2014 No.202420 >>199966 I do. Devs are still actively working on it. boxxa did a q&a on the irc a few hours ago aswell.

>>	Anonymous Tue Mar 11 04:22:37 2014 No.202658 I have 100,000 Heisenberg Yes, that's a new coin, it's only on CryptoRush though (abbreviation HEX) It just launched a few days ago.

>>	Anonymous Tue Mar 11 04:47:38 2014 No.202718 >>202658 I mined 700k of it on the first day, probably won't go anywhere though but whatever. Maybe someone decides to pump it.

>>	Anonymous Tue Mar 11 12:02:08 2014 No.203480 Orgcoin up to 121 Satoshi convince me to take my profits

>>	Anonymous Tue Mar 11 12:09:38 2014 No.203494 >all these people who don't make any profit on mining how is this even possible.

>>	Anonymous Tue Mar 11 12:10:08 2014 No.203498 >>199824 The canadian mint was looking to make their own coin, so who knows.

>>	Anonymous Tue Mar 11 12:19:38 2014 No.203516 >>203494 I'd say its like digging a hole in an empty lot but even dirt you can resell

>>	Anonymous Tue Mar 11 12:39:08 2014 No.203595 >>199566 can someone tell me how the fuck do I buy some dogecoins? I don't have any bitcoins. Just a 100AU$ I'd like to convert in dogecoins. Which website do I have to go to?

>>	Anonymous Tue Mar 11 12:40:09 2014 No.203598 >>202142 So amdoge is a shemale?

>>	Anonymous Tue Mar 11 13:12:38 2014 No.203748 >>203595 Hello? what the motherfuck

>>	Anonymous Tue Mar 11 13:15:39 2014 No.203767 >>203595 Here you go: http://www.dogecoinaustralia.com/

>>	Anonymous Tue Mar 11 13:19:38 2014 No.203791 >>203516 Just about every ATI video card turns a decent profit though, so I'm still confused. a 150$ card can get you 2-3$ in coins a day net.

>>	Anonymous Tue Mar 11 13:58:17 2014 No.203936 >>203598 Post amDOGE's photo, I need to fap.

>>	Anonymous Tue Mar 11 14:02:18 2014 No.203954 File: 107 KB, 256x256, graincoin.png [View same] [iqdb] [saucenao] [google] Graincoin is only 1 satoshi on coinedup right now.

>>	Anonymous Tue Mar 11 14:14:17 2014 No.204007 File: 32 KB, 537x529, doge.jpg [View same] [iqdb] [saucenao] [google] >>203936

>>	Anonymous Tue Mar 11 14:36:17 2014 No.204083 >>203954 not much people interested in it though. devs kinda screwed themselves over

Anonymous Tue Mar 11 14:48:17 2014 No.204143

>>204083
sorry clarification. Graincoin Is very mining heavy compared with alot of POS coins. Scared some interested people away.

If you want to buy at one satoshi in the hopes of it going up though that wouldn't be a terrible idea. I just have doubts for the coins future. But if your into pump and dumps then it would be ok.

I wouldn't hold out hope of more than about 10 satoshi though. It's kinda saturated with coins and more are still being mined. Plus it's got a long time before it halves.

Just didn't want people thinking i was shitting on the devs for no reason.

>>	Anonymous Tue Mar 11 20:33:10 2014 No.205679 MazaCoin seems to be finally getting mini pumps. Today has been an overall upward trend. I'm hoping the whales have actually decided to start pumping to bring the value up. I'm just doing small trades because fuck being "invested" in a shitcoin.

>>	Anonymous Tue Mar 11 20:36:40 2014 No.205686 bitcoins

>>	Anonymous Tue Mar 11 20:37:10 2014 No.205691 >>205686 CIA plz go

>>	Anonymous Tue Mar 11 20:38:10 2014 No.205697 File: 31 KB, 464x384, image.jpg [View same] [iqdb] [saucenao] [google] >>205679 He thinks "whales" are holding down the value

>>	Anonymous Tue Mar 11 20:59:40 2014 No.205777 >>205697 When you see dozens of 1 to 100 buy orders much lower than the current price, right after the coin is released, I tend to think so.

>>	Anonymous Wed Mar 12 00:23:12 2014 No.206359 I have no idea what to mine >inb4 amDOGE shills pnd

>>	nigglet Wed Mar 12 00:39:49 2014 No.206377 >>206359 Mine Octocoin while the block rewards are at 888

Anonymous Wed Mar 12 00:42:49 2014 No.206381

>>205679
Things are actually looking a lot better for maza. A lot of things have been cleared up, payu is actually legit and is endorsing the coin and having conferences all over the US.There is a tonn of media coverage in reputable news souces, just type in mazacoin in youtube or google, it has more media attention than any other coin out there by a long shot and its only been out a ouple of weeks. Android and ios wallets are out now, and there is a new dev ....I'm not saying it's going to be the next bitcoin by any means, but there actually is a lot eore potential to grow in value and maintain stability compared to your average shitcoin.

>>	Anonymous Wed Mar 12 08:20:46 2014 No.207092 >>199566 Could anyone tell me where to trade coins in EU? OR do you exchange to one and than change coins between themselfs? Where? THX.

>>	Anonymous Wed Mar 12 08:27:46 2014 No.207109 >>207092 You can trade in the EU with pretty much every exchange

>>	Anonymous Wed Mar 12 08:29:46 2014 No.207117 >>206377 please stop octoshill , premined shit

>>	nigglet Wed Mar 12 08:32:17 2014 No.207122 >>207117 Don't be mad once the train leaves the station bud

>>	Anonymous Wed Mar 12 08:38:46 2014 No.207134 File: 42 KB, 357x330, huehuehuebrbr.jpg [View same] [iqdb] [saucenao] [google] >>199566 The only fucking coin of any value is Darkcoin and it isn't even on there. What a nigger.

>>	Anonymous Wed Mar 12 08:39:16 2014 No.207136 File: 293 KB, 500x500, darkshekels BUY NOW.png [View same] [iqdb] [saucenao] [google] >>207134 huehuehuebrbr

>>	Anonymous Wed Mar 12 08:41:46 2014 No.207140 LTC Confirmed for trading on Huboi on the 19th, good rally going on right now.

>>	Anonymous Wed Mar 12 09:02:46 2014 No.207183 Anybody holding klondike?

Anonymous Wed Mar 12 11:23:26 2014 No.207456
File: 335 KB, 1024x1024, litecoin-news.png [View same] [iqdb] [saucenao] [google]

I was telling people last week that Houbi was about to add LTC. Hopefully some of you took the advice diversify if you weren't holding any.

Trading opens on the 19th with deposits already open. They have prizes set for people who deposit the most.

Anonymous Wed Mar 12 14:52:11 2014 No.207994
File: 11 KB, 250x100, header-new2.png [View same] [iqdb] [saucenao] [google]

So what do people think about reddcoin?
Just heard about it today because they were claiming they had the highest mentions on twitter or some shit which didn't seem to make any sense.

>>	Anonymous Wed Mar 12 14:56:59 2014 No.208012 >>207994 redditcoin

Anonymous Wed Mar 12 15:04:59 2014 No.208054

>>208012
well yeah
>>207994
https://twitter.com/compete/status/443408524509319168
https://twitter.com/LoveReddcoin/status/443090954539786241
These? I don't really get how they had so many retweets/favorites. The coin has some good developers but I don't get what it has going for it.

>>	Anonymous Wed Mar 12 15:07:59 2014 No.208063 >>207183 Am, looking good so far.

>>	Anonymous Wed Mar 12 15:08:30 2014 No.208066 >>207183 holding, cause i went on a btc spending spree a few weeks ago and klondike was among them. i wouldn't have done it if i'd have been straight in the head at that time but fuck it you have to go wild once in a while don't you?

>>	Anonymous Wed Mar 12 15:28:00 2014 No.208129 >>206359 mine reddcoins and buy mint while the price is low also credits, mine credits

>>	Anonymous Wed Mar 12 15:42:59 2014 No.208167 When, is the release for niggercoin?

>>	Anonymous Wed Mar 12 17:15:00 2014 No.208474 >>207183 >>208066 I'm holding. KDC communitymanager recently put up a site where you can buy refillable visa's (USD, GBP and EURO). This is literally the best and easiest way to evade taxes if your living in a socialist shit hole like me.

>>	Anonymous Wed Mar 12 18:03:52 2014 No.208647 >>207994 When you have pumpers shilling on social media for quick cash. Don't think it's organic, it's just another scrypt clone. Invest LTC long term for the best returns.

Anonymous Wed Mar 12 18:04:22 2014 No.208650
File: 1.79 MB, 200x133, f.gif [View same] [iqdb] [saucenao] [google]

>MFW people genuinely think DOGE, MZC, UTC, AUR & DRK are good investments when Vertcoin exists right now
Do any of you actually spend any fucking time researching the specifications, developers or potential of a cryptocurrency? Stop buying in to pump and dumps you foolish teenagers, I'm not going to tell you to buy Vertcoin but you should really just look into it.

Anonymous Wed Mar 12 18:12:52 2014 No.208685

>>208650
Once scrypt asics hit, the only long term survivor will be LTC. Doge has a strong hashrate now but only 1/2 of litecoin's. With each subsequent halving this divide will only grow. 51% attack will happen on the network and doge ded.

Scrypt-n coins like vert will become the new promised land for GPU miners just as litecoin was for bitcoin refugees.

Anonymous Wed Mar 12 18:23:12 2014 No.208713

>>208650

I agree people need to research coins more before just jumping into them.

It depends how much of a threat you see ASICs and their potential to create a monopoly inside scrypt coins.

I'm not scared of scrypt asics right now since scrypt is already asic resistant and worst case scenario any scrypt coins could fork to scrypt-jane without fucking up anything too much.

Also current scrypt asics are overpriced and underpowered.

Some people compared vertcoin to tenebrix when it first launched and i tend to agree.

It's a decent algorithm but it's not really necessary and if asics do become a threat it'll probably be copied and supplanted.

But yeah Vertcoin atleast is something different.

Although i think some form of innovative community with decent ideas can work fine even with a basic scrypt coin, Just depends what coins have the support to go long term.

as awesome as the community is for something like DOGE it's better as an intro to altcoins. Which might have been the Dev's general thoughts too.

I mean thinking about all the shit people have learned just from studying doge and lurking /g/ or /biz/ threads/bitcointalk threads

I rarely see questions like:

>What is a satoshi?
>What's a multipool?
>What's KGW?
>What's an ASIC?
>Why is Nvidia not as good?

atleast i don't see them on /biz/ as much. They are still an everyday occurence on BTCtalk

>>	Anonymous Wed Mar 12 18:23:43 2014 No.208712 >>208474 I thought that was fairly promising also. Plus klondike only has less than 20 million total, so it's undervalued at the moment. Sold enough to break even, holding onto 400 until something big happens.

>>	Anonymous Wed Mar 12 18:27:42 2014 No.208721 >>208713 fuck sorry, My post is kinda hard to read. Basically i was agreeing with this guy: >>208650 That people need to research shit more.

>>	Anonymous Wed Mar 12 18:31:42 2014 No.208735 >>208650 >>208713 How do you research and evaluate a coin's potential?

>>	Anonymous Wed Mar 12 18:37:42 2014 No.208754 File: 48 KB, 1510x850, chart.png [View same] [iqdb] [saucenao] [google] I hate the fact that these piece of shit devs don't have a windows binary and announced the coin cap only a few days ago. only have 20k hoping it's undervalued wat do /biz/

>>	Anonymous Wed Mar 12 18:38:12 2014 No.208760 >>208757 orgcoin

>>	Anonymous Wed Mar 12 18:38:43 2014 No.208757 >>208754 What's that?

>>	Anonymous Wed Mar 12 18:54:42 2014 No.208804 >>208754 >>208760 Did you solo mine it? does it have any pools yet?

>>	Anonymous Wed Mar 12 18:57:42 2014 No.208818 >>208804 You have to compile the wallet yourself and I don't have the time to figure out how to do so

>>	Anonymous Wed Mar 12 19:20:12 2014 No.208896 Flavor of the week is SpainCoin https://bitcointalk.org/index.php?topic=500511.0

>>	Anonymous Wed Mar 12 19:21:11 2014 No.208899 >>208896 Mining now. I'll see how the payouts are tomorrow.

>>	Anonymous Wed Mar 12 19:24:11 2014 No.208906 >>208818 Yeah i looked at it but didn't go any further. Merge mining is an interesting idea though.

>>	Anonymous Wed Mar 12 19:26:11 2014 No.208916 File: 490 KB, 449x401, laughing whores.png [View same] [iqdb] [saucenao] [google] >>208818 >./configure >make >make install oh wait you use windows

>>	Anonymous Wed Mar 12 19:28:11 2014 No.208922 Mining LTC and sometimes DOGE, cause steady income and haven't looked into much else, also I think LTC will gain value in coming years. >Why is everything worthless? Time of stagnation has hit crypto, we will move up at some point it just takes time.

>>	Anonymous Wed Mar 12 19:29:12 2014 No.208930 >>208916 >not just using ./configure && make install

Crmoon !CrmoonZwTA Wed Mar 12 19:30:42 2014 No.208938

>>199911
Haha I can assure you that we were not being greedy. The first system almost completely killed us, as people didn't see any sort of incentive to mine for the first 5 months of the 6 month inflationary period. It was shortened to 30 days, with smaller increases to make mining at any time worthwhile. >>201150 is correct, if we hadn't gone forward with the fork I can tell you that Credits would be dead right now, and we certainly wouldn't have raised funding to get on Nexxus, or make a casino.

Anonymous Wed Mar 12 20:10:36 2014 No.209115

>>208735
If it doesn't offer anything new or inventive. It's shit.
Even if it claims something it brings to the table is revolutionary and unique, look at it from a non-biased position and think long and hard on its viability.

Never fall for shills saying 'x-shitcoin will increase over 9000% because of y'. If it's an empty promise on something unsubstantiated then fucking no. Like stablecoin shills saying coin mixing, which wasn't even coded or made at the time, would make it huge.

Scrypt coins are pretty much DOA at this point. ASICs are about to hit if Flowertech, Alphatech, Zues etc. come through with expected deadlines. Only one living long term will be LTC. Grab some now and hold long-term for if you want a tidy sum. The new game is Scrypt-jane and ASIC resistant coins now. One of those will be the 'bronze'.

>>	Anonymous Wed Mar 12 20:27:07 2014 No.209195 >>209115 litecoin was novel when it first came out, now it is the most vanilla shit ever. nobody should invest fiat money to ltc at this point.

Anonymous Wed Mar 12 20:30:06 2014 No.209209

>>209195
>the creator works at coinbase
>2nd largest market-cap and daily volume
>best dev team of any scrypt-coin, works directly with the Bitcoin team to jointly tackle bugs
>will begin trading on the world's largest BTC exchange, Houbi, on the 19th

yeah, it's garbage

>>	Anonymous Wed Mar 12 20:35:36 2014 No.209223 >>209209 >best dev team of any scrypt-coin citation needed. I've literally heard nothing but people talking shit about the litecoin devs, not just in doge threads where it's to be expected but even on litecoin's own reddit page.

>>	Anonymous Wed Mar 12 20:40:06 2014 No.209247 >>209223 https://litecointalk.org/index.php?topic=14856.0 You do know that Warren Togami, the creator of Fedora Linux is the main developer? There's a reason that the Dogecoin changed their wallet to be based 100% on Litecoin's.

>>	Anonymous Wed Mar 12 20:44:06 2014 No.209260 Not to mention that Coblee also works with warren and contributes to the development.

>>	Anonymous Wed Mar 12 20:57:07 2014 No.209297 File: 124 KB, 1440x810, 1382213901459.jpg [View same] [iqdb] [saucenao] [google] >>199566 >Stay the fuck away >-AUR Eh, lesson learned. Bought AUR at 0.05BTC, now dropped under 0.03... Fuck.

>>	Anonymous Wed Mar 12 21:08:37 2014 No.209315 >>199657 You can't mine orgcoin directly. It's shared mining.

>>	Anonymous Wed Mar 12 21:10:36 2014 No.209321 >YACoin cheap as fuck >Low diff Any reasons why this isn't a good investment? I'd expect high N coins such as YAC to see a ton of interest once those fancy scrypt miners finally become relevant.

>>	Anonymous Wed Mar 12 21:11:07 2014 No.209322 >>199723 Difficulty too high, inflated price, possible huge crash soon if the icelanders dump their coins as soon as they get them.

>>	Anonymous Wed Mar 12 21:15:36 2014 No.209336 File: 167 KB, 711x651, 1379294742077.jpg [View same] [iqdb] [saucenao] [google] >>200553 >tfw I wasn't there at the beginning of BTC, LTC and Doge...

>>	Anonymous Wed Mar 12 21:18:06 2014 No.209342 >>201793 Not worth mining currently. I do regret having dumped at 1500sat, though. Didn't expect it to rise above 2500.

>>	Anonymous Wed Mar 12 21:18:36 2014 No.209343 >>209315 is that how solo mining works?

>>	Anonymous Wed Mar 12 21:20:36 2014 No.209348 >>201999 I mined octo for a few days, but it already dropped under 0.01BTC/MH/Day, so it's not really worth mining anymore.

>>	Anonymous Wed Mar 12 21:22:06 2014 No.209356 Is there some kind of universal wallet to keep all these coins in one place?

>>	Anonymous Wed Mar 12 21:22:06 2014 No.209358 >>209342 Yeah, potcoin train left a long time ago. I got in on it a few days after it launched and made a pretty penny mining at like 150khash. Wish I had some actual power to throw at it back then.

>>	Anonymous Wed Mar 12 21:22:06 2014 No.209359 >>202658 >>202718 Dumped 500k on first day it hit cryptorush, and I'm happy I did. That coin is shit.

>>	Anonymous Wed Mar 12 21:23:07 2014 No.209360 >>203595 Kraken.

>>	Anonymous Wed Mar 12 21:25:36 2014 No.209364 >>207134 Can't mine -> Shit.

>>	Anonymous Wed Mar 12 21:26:36 2014 No.209367 >>207994 MIned 160k first day. Dumped 2 weeks ago.

>>	Anonymous Wed Mar 12 21:28:06 2014 No.209373 >>208896 Difficulty too high already. Not worth mining anymore.

>>	Anonymous Wed Mar 12 21:37:07 2014 No.209402 Say, how do all these coins work? How would I turn 1000USD into a given coin? Could I turn those coins into an alternative coin?

>>	Anonymous Wed Mar 12 21:37:36 2014 No.209405 >>209356 cryptorush.in

>>	Anonymous Wed Mar 12 21:38:37 2014 No.209412 >>209402 Buy BTC with fiat (kraken recommended). Buy shitcoins with BTC.

>>	Anonymous Wed Mar 12 21:49:06 2014 No.209452 >>201465 >http://doges.org/index.php?topic=592.0 do you have some tutorial teaching how to mine on a pool WITHOUT registration?

>>	Anonymous Wed Mar 12 22:03:06 2014 No.209491 >>209405 This is safe right? My coins won't just disappear one day right? Can this be used for daytrading?

>>	Anonymous Wed Mar 12 22:06:06 2014 No.209501 >>209491 Meh. Don't keep all your stuff on it. Maybe, probably not. Yes.

>>	Crmoon !CrmoonZwTA Wed Mar 12 22:59:30 2014 No.209633 >>209356 Nexxuscorp

Anonymous Thu Mar 13 00:46:54 2014 No.209921
File: 395 KB, 1000x1641, image.jpg [View same] [iqdb] [saucenao] [google]

I buy and mine Dogecoin because it has a community very devoted to passing the coin around to drive interest and pestering retailers to accept it as payment. I buy and mine Reddcoin because the group behind it got a lot of money with its IPCO which it's using to fund it's promotion and the development of various wallets and tipping bots.

Are there any other coins with points of differentiation that encourage long term growth/adoption?

>>	Anonymous Thu Mar 13 01:00:13 2014 No.209944 >>209921 Dogecoin will die a slow death once the soft cap is reached. Don't go long term with it.

>>	Anonymous Thu Mar 13 01:16:42 2014 No.209976 >>209944 >Dogecoin will die a slow death once the soft cap is reached How?

Anonymous Thu Mar 13 01:43:12 2014 No.210014

>>209976
No incentive for miners.

When the soft cap is reached in 15 months only 10k coins will be distributed per block rather than the 250k (average) reward currently. Doge will need a price increase of 25x from current levels in order to maintain the current network hashrate of 80 gh/s.

That is only if Litecoin sees no increase withthin that timeframe and maintains current price aswell (which is very unlikely).

The litecoin network currently has a network hashrate of 153 gh/s.

This difference will only grow larger as Dogecoin becomes less and less profitable to mine and as ASICs proliferate many of them will mine LTC leading to a larger and larger network disparity.

I predict a 51% attack becoming feasible to undertake for a large miner or entity in the litecoin network.

>>	Anonymous Thu Mar 13 02:18:12 2014 No.210062 File: 1.03 MB, 3000x1688, 1382748957443.jpg [View same] [iqdb] [saucenao] [google] >>209364 ctrl + f >mfw no mona, sakura or dokdo coin

>>	Anonymous Thu Mar 13 12:00:47 2014 No.210846 >>210014 Litecoin is in the process of dying and coin values aren't determined by the number of neckbeards with GPUs looking for free coins, but rather by the number of people looking to spend fiat on them or accept them in lieu of fiat.

Anonymous Thu Mar 13 12:06:17 2014 No.210854

>>210846
Finally, someone that gets it.

Miners only control the number of coins put into the market. They do not control the aspect of currency that is actually important. Merchants and users. Purchasers don't give a fuck about a coins difficulty, they care about its ability to be used. Only miners care about difficulty because it cuts into their profits.

Anonymous Thu Mar 13 12:10:17 2014 No.210862

>>199566
What kind of profits would/could one see from buying mining hardware (GPUs) and mining altcoins?

All I have now is a GTX 770 because I play games, so it could only function as a trial GPU. I think an AMD GPU would be better. The good thing is if I do decide to run my 770 into the ground, EVGA offers a complete warranty for like three years even if I overclock it, which is pretty ridiculous, considering it's already factory overclocked a bit.

Anonymous Thu Mar 13 12:16:17 2014 No.210870

>>210862
I'm running 2 280x's, they cost $2 a day in power and on most alt-coins make 0.01 BTC a day ($6 at current rate). You need to get lucky and find a coin in the first few days that goes to the moon. I did ok on PND and TOP and got $160 for 4 hours of mining.

Anonymous Thu Mar 13 12:21:47 2014 No.210875

>>210870
First result on Google shows 280x at $340. So $680 as an upfront investment and you can get $180 ($6/day). That sounds really good considering you can then sell them back. But there's electrical costs which brings it down to $120/month. Still, that's kinda profitable. You'll make all the money back in half a year and then be able to sell the GPUs for even more money. I bet the GPUs would've depreciated a little at that point, but not substantially. I can't imagine them dropping under $200-250 each which is a healthy profit for leaving a computer running, I guess. I mean, considering only $680 was put in.

Is that the best possible?

>>	Anonymous Thu Mar 13 12:22:47 2014 No.210877 >>210875 >you can get $180 ($6/day) I meant to type $180/month.

>>	Anonymous Thu Mar 13 12:25:47 2014 No.210880 >>210875 As I said getting on a good coin early offers much higher profits. Sadly I wasn't mining when Doge was released but many people made $5,000+ for a week or 2 of mining.

>>	Anonymous Thu Mar 13 12:29:17 2014 No.210885 >>209452 p2pool

>>	Anonymous Thu Mar 13 12:29:47 2014 No.210886 >>199566 if you guys think that dogecoin will never hit 250 satoshi again you are stupid now that dogecoin have eliminated the multipools nothing will be able to keep the value so low

>>	Anonymous Thu Mar 13 12:32:47 2014 No.210889 >>210886 Why do you think it's worth so much? Do you have a reason for that high value?

>>	Anonymous Thu Mar 13 12:33:47 2014 No.210891 >>210886 Except lack of interest.

>>	Anonymous Thu Mar 13 12:38:47 2014 No.210904 >>210889 currently the daily revenue generated is equal to or greater than its market cap whereas with bitcoin the revenue generated is about 60% of its market cap on a day to day basis i refuse to sell until we hit $0.05 per doge

>>	Anonymous Thu Mar 13 12:42:17 2014 No.210910 >>210904 Where are you getting that info from? I would love a site that shows total buy / sell weight.

>>	Anonymous Thu Mar 13 12:46:47 2014 No.210920 >>210910 its from numerous articles that are old news now dogecoin trades its market cap daily most of the time more is traded than its own market cap startpage it

>>	Anonymous Thu Mar 13 12:49:17 2014 No.210928 >>210920 How can it trade it's market cap when the market cap is last sale price * total number of coins. On days the open and close price is the same it would take every single coin to be traded for the market cap to be traded.

>>	Anonymous Thu Mar 13 13:25:17 2014 No.211029 What should I be mining at the moment?

>>	Anonymous Thu Mar 13 13:50:17 2014 No.211075 >>210928 You can trade coins multiple times in a day.

>>	Anonymous Thu Mar 13 13:56:18 2014 No.211094 >>211029 http://www.coinwarz.com/cryptocurrency Try for a coin that is near the top of profitability but not actually at the top, something you think is undervalued or that the difficulty doesn't match the price.

Anonymous Thu Mar 13 14:25:17 2014 No.211166

>>210846
>>210854
Miners secure the network and process the transactions within the network. It still stands that Doge will hit the softcap within 15 months and will need a corresponding increase to stay lucrative. Who buys crypto at this stage just to purchase something online that they can buy with fiat? Face it. The current crypto economy is driven by people that have mined or are currently mining the coins. When the influx of minted coins decreases 25x I expect dogecoin's daily volume to decrease as well. Dogecoin is mined out roughly 30 times faster than litecoin or bitcoin.

The only reason to purchase cryptocurrency at this stage of the game is for purely speculative reasons or to purchase illicit goods with.

Currently mining is the lifeblood of any crypto.

Anonymous Thu Mar 13 14:28:17 2014 No.211174

>>210904
This is only because dogecoin is mined out 30 times faster than bitcoin overall. As the reward for blocks continue to decrease this value will continue to go down as well. More coins flooding the market daily = higher volume as miners sell immediately to cover expenses.

>>	Anonymous Thu Mar 13 14:39:17 2014 No.211197 >>199566 but we love amdoge

>>	Anonymous Thu Mar 13 15:01:47 2014 No.211253 /biz/'s thoughts on SaturnCoin?

Anonymous Thu Mar 13 15:09:17 2014 No.211292
File: 41 KB, 1515x922, Calling_Bullshit.png [View same] [iqdb] [saucenao] [google]

>>211075
I'm calling bullshit, the largest volume ever traded in a 24 hour period was on the 11th of Feb when 4 billion coins moved on Crypsty. While it isn't the only exchange it is the biggest by far.
As you can see only 1.5 billion moved yesterday.

You are so desperate to deny you missed the moon by holding you are just making shit up.

>>	Anonymous Thu Mar 13 15:47:17 2014 No.211400 >>211292 Check out coinmarketcap.com

>>	Anonymous Thu Mar 13 15:55:17 2014 No.211419 >>211400 >coinmarketcap.com 4.2% of the market cap traded is very different to >dogecoin trades its market cap daily most of the time more is traded than its own market cap As >>210920 claimed.

>>	Anonymous Thu Mar 13 16:01:47 2014 No.211431 >>211419 I was on my phone. Wasn't backing his claim. Just telling you to check it out. Difficult to convey intention through text. Needs lengthy explanations. Dogecoin fanatics are a deluded bunch imo. Lots of FUD being spread in those circles.

Anonymous Thu Mar 13 16:02:47 2014 No.211434

>>199801
>Why? It has no use whatsoever, so since miners are no longer interested in the coin

People are sitting on Mint right now during the Proof-of-Stake transition. Once their Mintcoin sits long enough, coin generation will begin again.

That's why it's Buy Now time.

Anonymous Thu Mar 13 16:07:17 2014 No.211445

>>211434
No minting avenue for non-coin holders. Why speculate on a crypto with an initial investment rather than mine with hardware that's already available? Most people will not take that plunge. Especially people not already into crypto. PoS limits growth potential IMO.

>>	Anonymous Thu Mar 13 16:10:17 2014 No.211453 Unless the coin is already heavily established and well known, that is. For one with limited market depth like mint... not my cup of tea.

>>	Anonymous Thu Mar 13 18:52:04 2014 No.211465 we back

>>	Anonymous Thu Mar 13 19:01:34 2014 No.211497 >>211465 What the fuck happened? I don't follow all the stupid shit /b/ does that gets us paused

>>	Anonymous Thu Mar 13 19:03:34 2014 No.211505 >>211497 who knows

>>	Anonymous Thu Mar 13 19:19:35 2014 No.211561 who wants to make a coin?

>>	Anonymous Thu Mar 13 19:20:04 2014 No.211570 >>211561 we should find out how to make a coin that profits off the dilution of the altcoin market

>>	Anonymous Thu Mar 13 19:22:04 2014 No.211574 >>211570 hum madefromconcentratecoin?

>>	Anonymous Thu Mar 13 19:23:04 2014 No.211578 >>211574 creating a blockchain should function as proof of work itself

Anonymous Thu Mar 13 19:26:34 2014 No.211581

Why are people telling me to invest in Vertcoin when the price has been dropping?
Shouldn't we be investing in execoin and digibyte while we still can?

Maybe there's some rule to this game that I still don't understand, so, I'm just making sure I'm not the one mistaken here.

>>	Anonymous Thu Mar 13 19:27:34 2014 No.211583 File: 24 KB, 1134x266, coins.png [View same] [iqdb] [saucenao] [google] >>211581 Forgot pic.

>>	Anonymous Thu Mar 13 19:33:04 2014 No.211601 >>211581 >not speculating on the long term

>>	Anonymous Thu Mar 13 19:35:34 2014 No.211609 >not buying all this cheap aur before the 0.2 pump It's like you enjoy being poor

>>	Anonymous Thu Mar 13 19:38:05 2014 No.211620 >>211601 So, why will it go back up?

>>	Anonymous Thu Mar 13 19:38:05 2014 No.211623 >>211609 lol enjoy holding the bag

>>	Anonymous Thu Mar 13 19:40:04 2014 No.211636 >>211620 do you even know what vertcoin is? maybe exe uses n-factor as well, I don't know, but if so you should take it to be indicator of vert's future.

>>	Anonymous Thu Mar 13 19:42:04 2014 No.211648 Friend told me about mxcnow and appearently they are an exchange that pays interest on deposits. https://bitcointalk.org/index.php?topic=265868.0 Is this a scam?

>>	Anonymous Thu Mar 13 21:34:01 2014 No.212021 well this shit is dead

Anonymous Thu Mar 13 21:39:02 2014 No.212034

>>211445
>>211453

>>211445
>No minting avenue for non-coin holders

Yeah that's basically the coins entire distribution.
The initial mining period was just to ensure a wide coin dispersal.

It'll be interesting to find out if mint pulls speculators away from traditional mined coins or not.

I think everyone is just wanting something with decent ideas and community behind it.
The money doesn't really care how coins are produced or what methods are used to secure the network. They just care that it works.
Miners are the people that get excited over new algo's or what the difficulty is.

I'd be willing to bet that most plenty of bitcoin holders couldn't tell you the differences between SHA-256 and scrypt.

It might be safer to go for something established, but most of the established coins are either proof of concept's that have been inflated beyond their original scope or just kinda meh.
I mean bitcoin is a bit of a bloated dinosaur right now and litecoin is really vanilla compared with lots of different alts.
But again the money doesn't care too much about that.
Out of curiosity how many people here mainly just mine the coins they like?

And how many have actually bought into alts.

I'm just wondering how insular the altcoin community is.

>>212021

This thread just moves slower than things like pnddoge generals

>>	Anonymous Thu Mar 13 21:39:02 2014 No.212035 https://www.mintpal.com/voting monacoin on mintpal voting

>>	Anonymous Thu Mar 13 21:44:32 2014 No.212052 >>212034 I've mined a bit over 400 litecoins since last april. Donated about 30 of them to various causes, bought miscellaneous goods and pre-ordered a scrypt ASIC from flowertech. Currently down to 250

Anonymous Thu Mar 13 22:01:31 2014 No.212094

>>212052
How's the market recovery for litecoin right now?

I'm thinking of selling alot of my altcoins and sitting in either ltc or btc until i see something interesting.

I suppose i could just split it 50/50

>pre-ordered a scrypt ASIC from flowertech

I'm wondering about buying one of these but it's a big investment and kinda risky.

It's something i've wondered about but not sure if i want to take the gamble that it'll be profitable/good.

Anonymous Thu Mar 13 22:06:02 2014 No.212115

>>212094
BTC-china just added it, price went up from 13 to 21, new support at 15.5, then Houbi announced LTC on the 19th, price went up again. Sitting at 17 even now.

I expect some major action to occur once trading opens on the 19th.

Charles Lee also confirmed LTC for coinbase, just a matter of a reputable exchange with large volume to hop onboard (BTC-E is a no go since they're anonymous).

I see litecoin performing VERY well longterm.

>>	Anonymous Thu Mar 13 22:08:02 2014 No.212120 Not to mention that the hash-rate has been steadily increasing even though it's not the most profitable coin to mine currently. Seems miner confidence in a future price increase is very strong.

Anonymous Thu Mar 13 22:11:32 2014 No.212125

>>212115
>>212120

Yeah it seems to be on a nice rally.
I was tempted to buy when it was briefly at Single digit $ prices but my alts were doing okay back then.

Now i'm trying to decide if litecoin will rally faster than the shitcoins i have that are kinda starting to pull out of this depression.

What are you mining right now?
Or if you don't want to say that then what coins do you like right now?

-

Also just a general question, what IRC channels are good to lurk in?
Any good market related ones?

>>	Anonymous Thu Mar 13 22:17:01 2014 No.212143 >>212125 >Also just a general question, what IRC channels are good to lurk in? >Any good market related ones? i want to know this too

Anonymous Thu Mar 13 22:20:01 2014 No.212148

>>212125
Currently not mining anything, I sold my miner a few months back. Just holding for now.

When ASICs start to flood the market GPU miners will slowly be phased out and another exodus may occur to scrypt-jane and ASIC resistant coins such as vert. Any remaining scrypt coins without a solid userbase will be picked off and depreciated through 51% attacks and pump and dumps from these newly formed ASIC farms. I do believe LTC will come out in top in a scenario like this.

These region and country specific coins are all the rage currently but the validity of the coins and creators is a risk. They could at anytime take the pre-mine and cut and run.

It's a bit of a tossup.

I really don't see many of these '1st gen' scrypt-coins accumulating any significant market share and surviving medium-long-term. Much like in SHA-256 land, with ASICs, there can only be one.

As for 'next-gen' coins I highly suggest looking into ethereum. It proposes some interesting things and looks truly innovative.

Anonymous Thu Mar 13 22:21:32 2014 No.212151

>>212143
The annonying thing is i got told about all the popular crypto IRC channels back in december but i never bothered to take a note.

Now I occasionally get invited to decent ones when it's late at night and i'm exhausted/drunk, so obviously i still never remember them the next day.

I think i've actually had conversations with relatively famous crypto guys while totally smashed.

>>	Anonymous Thu Mar 13 22:22:31 2014 No.212153 >>212151 lol well if you ever remember one, post up

>>	Anonymous Thu Mar 13 22:32:32 2014 No.212183 >>207994 Reddcoin is intriguing because it has a clear goal and the IPCO increases the likelihood of sustained long term development. The rate at which it's establishing tipping bots is pretty dramatic.

Anonymous Thu Mar 13 22:33:32 2014 No.212184

>>212148
yeah i think i'll cash out tonight.

Mintcoin is about the only coin i'm holding that i actually still like long term and even then i'm less evangelical about it than i once was.
I still like it since it's Asic resistant and 51% resistant anyway. But like you said earlier it's a toss up how the market will react to it.

Downloading a litecoin wallet finally.
Has there been any more push for a "lite"litecoin wallet.

Doge atleast did well sniping litecoin on that prize.

>>	Anonymous Thu Mar 13 22:38:02 2014 No.212198 File: 35 KB, 321x362, image.jpg [View same] [iqdb] [saucenao] [google] Mining middlecoin because I don't know what else to do. It makes me sad. I'm only making $15/day. That's like 20 minutes at my day job.

>>	Anonymous Thu Mar 13 22:40:01 2014 No.212204 >>212198 >That's like 20 minutes at my day job. Fuck what are you? Super financier? Professional whore to billionaires?

>>	Anonymous Thu Mar 13 22:41:31 2014 No.212206 >>212148 This is why I keep half my money in Bitcoin and half in Litecoin.

>>	Anonymous Thu Mar 13 22:42:31 2014 No.212208 >>212204 It's only a shade over $90K.

>>	Anonymous Thu Mar 13 22:47:01 2014 No.212216 >>212184 The dev-team is working on their own electrum client. Not out yet but soon. Also some kind of 'secret project' with the bitcoin devs. I'm excite.

>>	Anonymous Thu Mar 13 22:47:33 2014 No.212215 >>212208 does math huh ...yeah Don't know why i went so knee-jerk into that. I mean it's lots better than what i make but that's not difficult. So what do you do?

>>	Anonymous Thu Mar 13 22:50:31 2014 No.212227 >>212184 >>212216 https://litecointalk.org/index.php?topic=15444.0 more info here

>>	Anonymous Thu Mar 13 22:54:32 2014 No.212239 File: 85 KB, 858x616, 1381941796509.jpg [View same] [iqdb] [saucenao] [google] ARE YOU READY FOR THE EDUCATIONAL REVOLUTION?

>>	Anonymous Thu Mar 13 22:55:01 2014 No.212241 >>212239 hum maybe what is it?

>>	Anonymous Thu Mar 13 22:57:02 2014 No.212244 >>212239 Explain.

>>	Anonymous Thu Mar 13 22:57:02 2014 No.212246 >>212241 https://bitcointalk.org/index.php?topic=486600.0

>>	Anonymous Thu Mar 13 23:02:31 2014 No.212254 >>212246 DoA Why hasn't anyone made a pimpcoin? The coin for all your whoring and prostitution needs?

>>	Anonymous Thu Mar 13 23:07:01 2014 No.212268 >>212239 A PhD is going to cost you at least 300 million EDUcoins. You have like an associate's degree right now.

>>	Anonymous Thu Mar 13 23:20:31 2014 No.212292 >>212239 >>212246 As far as I can tell, there's absolutely no reason people would use Educoin. The site's own FAQ can't even come up with a better reason than "just 'cuz."

>>	Anonymous Thu Mar 13 23:35:31 2014 No.212314 >>212292 lol :^(

Anonymous Fri Mar 14 05:53:19 2014 No.212730
File: 146 KB, 640x480, 1374639955115.jpg [View same] [iqdb] [saucenao] [google]

Ghash.io pays twice if you mine litecoin, and they are legit.
+there is a chance they fuck up litecoin network http://www.reddit.com/r/litecoin/comments/20dnih/how_much_does_it_cost_to_take_over_the_ltc/
Come join us!

>>	Anonymous Fri Mar 14 06:01:18 2014 No.212738 Anything worth mining right now? I'm mining PND just because I can unload it for cheap DOGE/LTC on Swisscex.

>>	Anonymous Fri Mar 14 06:13:18 2014 No.212754 >>212730 What there is a possible 51% attack?

>>	Anonymous Fri Mar 14 06:18:18 2014 No.212760 >>212754 Not yet.

>>	Anonymous Fri Mar 14 07:30:53 2014 No.212851 >>212730 >Ghash.io >pays twice what the fuck are you talking about?

>>	Anonymous Fri Mar 14 07:34:53 2014 No.212859 File: 4 KB, 651x94, Untitled.png [View same] [iqdb] [saucenao] [google] >>212851

>>	Anonymous Fri Mar 14 08:00:53 2014 No.212908 >>212859 >>212730 seems like a scam

>>	Anonymous Fri Mar 14 08:30:23 2014 No.212958 >>212908 yeah, but joined them anyway. they don't have a scammer rep so far, I think they want to diversify at this point.

>>	Anonymous Fri Mar 14 09:02:53 2014 No.213009 File: 8 KB, 893x206, Untitled.png [View same] [iqdb] [saucenao] [google] Fun is over.

>>	Anonymous Fri Mar 14 09:07:23 2014 No.213020 >>213009 damn them jews! i went through the trouble of subscribng just for the promo. haven't lmined LTC in ages.

Anonymous Fri Mar 14 09:35:53 2014 No.213051
File: 24 KB, 512x512, digitalcoin-logo-2.png [View same] [iqdb] [saucenao] [google]

Anyone look into DGC? The development looks really great and has taken excellent care of the coin, but their community is small and quiet so idk if I want to buy in. As far as I can tell it's the fairest one yet; I'm wondering if there is demand for reliability given the pump n' dump state of most clones.

>>	Anonymous Fri Mar 14 09:38:23 2014 No.213054 >>213020 I rented a few mining rigs and now have to switch to multipool and probably lose some money. Fucking jews.

>>	Anonymous Fri Mar 14 10:03:23 2014 No.213098 >>211166 yeah as if mining btc is profitable anymore

>>	Anonymous Fri Mar 14 10:09:23 2014 No.213107 Fuck it, I'm mining on middlecoin for the next two months. If I make even half a bitcoin I'll be satisfied.

>>	Anonymous Fri Mar 14 10:19:23 2014 No.213126 >>213107 do what you want but wafflepool is better than middle pool. lesser fee and more transparency and stable. http://wafflepool.com/

>>	Anonymous Fri Mar 14 10:19:23 2014 No.213127 >>213126 What about Scryptguild

Anonymous Fri Mar 14 10:31:23 2014 No.213152

>>213126
Just switched over. Thanks for the tip.

Hoping something good comes out of the double litecoin payouts on ghash. I think I'm done wasting my time trying to daytrade these fucking 21st century pogs. Bitcoin and litecoin long term, every other shitcoin will go down the tubes.

Anonymous Fri Mar 14 10:46:53 2014 No.213179

>>213152
good choice. saw on their site that waffle is also mining on ghash to take advantage of the promo. man these multipools sucking up all the profit.

i'm thinking the same about btc and ltc. i'm holding a couple of useless bags just because there's no point at selling at this point. not making the same mistake.

>>213127
wouldn't know

>>	Anonymous Fri Mar 14 10:53:24 2014 No.213194 >>213179 But if they are all dumping, won't that halve the price of LTC, thus making the double reward worthless?

>>	Anonymous Fri Mar 14 11:14:23 2014 No.213235 >>213194 LTC is strong enough to cope with it, unlike most of the crapcoins

Anonymous Fri Mar 14 11:31:23 2014 No.213256

>>213098
>speculation and illicit purposes
Bitcoin has the luxury of being the single most speculated coin on the market and the driving currency for illicit online purchases. These ALTs don't have nearly the same market depth. Mining profitability is the only thing that keeps half these copy coins alive. Take that away and they bleed out.

And if the investor speculation isn't there to maintain equilibrium then the price will undergo a slow decline as miners sell off to cover expenses.

It's all about maintaining this excitement and prospect for wealth generation that will dictate which coins will survive. Which is why the mining completion takes more than 30 years in bitcoin. Satoshi Nakamoto knew that it would be a slow process for adoption and the mining incentive will need to be there for a longtime to maintain interest.

Mining is still profitable with the latest ASIC hardware anyway. I really don't see what you're getting at.

>>	Anonymous Fri Mar 14 12:50:53 2014 No.213399 File: 34 KB, 299x450, the-core-03-31-2011.jpg [View same] [iqdb] [saucenao] [google] >they said MazaCoin would go to the moon

Anonymous Fri Mar 14 13:08:53 2014 No.213401
File: 287 KB, 760x901, oh fuck.jpg [View same] [iqdb] [saucenao] [google]

I've been trading since litecoin came out but god damn i'm getting real tired of this crap. Now that everyone and their mom are making altcoins the market is full of them and it's getting harder and harder to find actually potential coins in this ocean of shit.
I CANT TAKE IT ANYMORE

Anonymous Fri Mar 14 13:10:53 2014 No.213405

>>213399

People say alot of things.

I've had better results just doing my own research and occasionally following the advice of people on here than don't act like short sighted pump and dumpers.

>>213401

Right now we are kinda seeing the crypto community split between those who support alt's for some form of innovation and community, miners with huge rigs that just want the most profit and those that want to exploit them for scams/pump and dumps.

If crypto's get associated with scams/pump and dumps then we get government regulation.

If we get government regulation then ...would the last bagholder please turn out the lights on the way out.

Anonymous Fri Mar 14 13:57:24 2014 No.213493

>>213401

I don't want to promote but please look into DGC (digitalcoin), it has the best developer i've seen who's changed the block reward/time/difficulty multiples times to react to the environment, ~10% of total supply in circulation after 8 months, it's DECENT.

DO YOU PEOPLE REALIZE THE PARAMETERS ON A COIN CAN CHANGE? This is all bullshit! Best support = WINNER.

I hate to be obnoxious with my post but seriously.

>>	Anonymous Fri Mar 14 14:00:23 2014 No.213498 to add onto that, hype coins like Doge, reddcoin, mint etc are economically trashed from the beginning, yes these coins do have a lifestyle. It was the same shit months before, and it will continue to be shit. Because it's easy.

>>	Anonymous Fri Mar 14 14:01:23 2014 No.213503 >>213493 Nobody is criticizing the hard work many devs put in the coin, the problem is that mining those coins is not profitable. Digitalcoin is currently at 0.003BTC/MH/day, which is well beyond unprofitable...

>>	Anonymous Fri Mar 14 14:01:23 2014 No.213504 >>213498 *lifespan i need to smoke less.

Anonymous Fri Mar 14 14:05:53 2014 No.213509

>>213503
It was in response to a guy wanting a trustworthy coin. By all means, it makes the best sense to mine the most profitable coin. But in terms of spending fiat (you know, the stuff that runs your life and you must worship else be homeless) people want something they know won't get abused for pure profit. It gets fucking annoying when such examples exist, they're just drowned out by the endlessly hyped bullshit clones.

idk, the only coin to really hold at this moment is BTC if you truly want reliability. Though I still believe most its value will someday liquidate into another coin.

Anonymous Fri Mar 14 14:10:23 2014 No.213515

>>213498
I kinda follow the idea that coins that hyped coins inevitably crash if they can't live up to the hype.

The halving was hyped hard on DOGE and it really hurt the coins community when it didn't fulfill people's expectations.

The good coins pick themselves back up again with community support.

it's why i tend to mine "shitcoins" that other people have dismissed as worthless.

Anonymous Fri Mar 14 14:20:23 2014 No.213531

>>213515
combine your notion that crashing is inevitable with hyped shitcoins (duh) with the fact that this is an open source environment where you can literally copy+paste the code, change a line of text, and market it as your own. it's not going to stop, and it seems it will always be more profitable to start another coin for fresh hype.

But anyway, I'd rather you mine these shitcoins for profit, and put that profit into one worthy of investment. So i guess there's nothing to really worry about; i'm just a speculator and i'm fucking tired of the endless bullshit. i regret not investing in mining equipment earlier.

>>	Anonymous Fri Mar 14 14:23:23 2014 No.213534 >>213531 >i regret not investing in mining equipment earlier. everyone ever I only got my rig up to 2.5MHash now, now all there is to do is just try and diversity as much as possible and hope something can cut it, or rather, be pumped by someone.

Anonymous Fri Mar 14 14:32:24 2014 No.213554

>>213531
>i regret not investing in mining equipment earlier.

I don't actually have a fuck huge mining rig. In fact i question if huge miners are really a good thing for crypto's as a whole.

Obviously on a personal level mining can be very profitable but for crypto's in general it kinda kills trust when hashrate spikes for a few days on launch then drops away hard.
And if coins do get profitable again they'll just get smashed down by opportunistic miners.

I'd be happier if big miners were willing to pass up maximum profitability and just support coins they actually like.

But i've been getting the feeling i'm just too idealistic for the current crypto environment/communites.

I got back into cryptos about 4 months ago.

I invested 0.2 btc worth of fiat and a small amount of electricity for my potato.

If i cashed out now i'd be at about 2.4 btc for very little effort. Very tempted to just cash out to fiat and wash my hands of the whole dirty business.

Anonymous Fri Mar 14 14:46:53 2014 No.213587

You should have a look at myriadcoin. Marketcap is really low, fairly new coin. It's very under the radar for now. It mines with 5 different algorithms so it deals with the ASIC problem by welcoming them. At 150k$ marketcap with no premine and seemingly having a competent dev I don't see a huge downside, doubt it could lose half it's value in any short timeframe.

I think the only concern is if some of the code is wrong or one of the mining variants somehow has an advantage, ie a fatal flaw. I also probably wouldnt buy if the price doubles, just to be safe. Pretty good target for a pump and dump if people want to manipulate, with its low marketcap.

https://bitcointalk.org/index.php?topic=483515.0

>>	Anonymous Fri Mar 14 14:47:54 2014 No.213592 >>213587 by the pretty good target for a pump and dump I meant that that is a concern and I wouldn't buy in if it spikes hugely*

>>	Anonymous Fri Mar 14 15:05:53 2014 No.213625 File: 62 KB, 510x345, 1394823936034.jpg [View same] [iqdb] [saucenao] [google] >mfw slowly trading altcoins and making 10-20% returns At this rate, by next week I'll get back all the money I lost on fucking MZC.

Anonymous Fri Mar 14 15:14:53 2014 No.213639

>>213554
those spikes in hashpower are due to profit-switching pools; hopefully a good coin would have enough loyal hashpower behind it to hold against multipool.

as for personal mining though i'd probably get one of these scrypt asics, though i'm paranoid an algorithm could be created specifically for bitcoin (how rad would that be!)

If i were you I'd hold onto those 2.4 btc for dear life, wait till you hear bitcoin regularly on public tv and I bet you could do buy a car off craigslist with it or something. don't underestimate cryptocurrency bro!

>>	Anonymous Fri Mar 14 16:26:17 2014 No.213804 File: 72 KB, 723x505, ss (2014-03-15 at 12.17.28).png [View same] [iqdb] [saucenao] [google] What do? >2014-03-14 10:10:02 >Buy 400 VTC for 0.00183112/VTC Is this one way ticked or i can still hope?

Anonymous Fri Mar 14 16:58:17 2014 No.213854

>>213804

if those dumps are happening at current price i'd be wary. I thought about buying into VTC when it was at .002 but now I'm glad I didn't. VTC is running on hype atm so it could get pumped, and it's near its all time low. maybe place some buys at .001 or less and hope for the best but most coins die out after a few months; easier to hype and pump with a new coin/crowd.

>>	Anonymous Sat Mar 15 00:37:26 2014 No.215055 >>202140 Invested .5 BTC at 10,000 sats. Still held and forgot. now less than 1,000 sats.

>>	Anonymous Sat Mar 15 00:50:17 2014 No.215081 >>213625 Which coins do you trade?

>>	Anonymous Sat Mar 15 01:06:17 2014 No.215116 >>212239 http://www.youtube.com/watch?v=XQLdhVpLBVE Fuck yeah, ThoughtCoins

>>	Anonymous Sat Mar 15 01:16:17 2014 No.215128 Maybe you'll finally stop investing money in shitty pump&dump alt coins aka all of them?

>>	Anonymous Sat Mar 15 04:54:48 2014 No.215345 So. How do we feel about Litebar?

>>	Anonymous Sat Mar 15 05:36:48 2014 No.215368 How much credits would I get / hour with 700 khs?

>>	Anonymous Sat Mar 15 06:04:59 2014 No.215383 >>215368 A fair few, im getting around 40000 a day with 3MH/s so probably about 12000

>>	Anonymous Sat Mar 15 06:27:59 2014 No.215401 Daily reminder that unless you got in on the beginning of bitcoin you will never make a significant amount of money on cryptocurrency trading Daily reminder that you could be making much more money actually working

Anonymous Sat Mar 15 08:37:20 2014 No.215538

>>215401
>Daily reminder that unless you got in on the beginning of bitcoin you will never make a significant amount of money on cryptocurrency trading

That's bullshit, cryptobutts are more volatile and profitable than stocks. Just look what happened with doge & aur. And these are just the shitcoins, just wait till innovative bitcoin 2.0 crypto currencies come along.

>>	Anonymous Sat Mar 15 10:02:46 2014 No.215600 >>215538 >innovative bitcoin 2.0 crypto currencies darkcoin seemed like one but the hype isn't there

>>	Anonymous Sat Mar 15 11:14:16 2014 No.215681 >>215600 Blackcoin has its own multipool now, volume is growing nicely. Also keep an eye out for Ethereum.

>>	Anonymous Sat Mar 15 12:51:17 2014 No.215825 >>215681 Blackcoin is interesting but has way too much hype right now. It's in a bubble and not one i'd risk buying into. Ethereum might be interesting.

>>	Anonymous Sat Mar 15 13:05:17 2014 No.215845 >>215825 The multipool is driving demand and volume. Watch blackcoin for a few days and decide if and when it's a good buy.

>>	Anonymous Sat Mar 15 13:06:47 2014 No.215849 >>215845 yeah i will keep an eye on it. It's just getting too much hype right now. I'll buy in when it crashes

>>	Anonymous Sat Mar 15 13:18:18 2014 No.215867 Please point out an upcoming release to get me off middlecoin.

>>	Anonymous Sat Mar 15 13:29:17 2014 No.215883 >>215867 Check out virtual coin. Seems like another shitcoin to sell off.

>>	Anonymous Sat Mar 15 14:02:11 2014 No.215924 Anyone here on CleverMining?

Anonymous Sat Mar 15 14:47:19 2014 No.216040

So i wonder how this new trend of altcoins creating their own multipools will work out.

Litecoin has had one for a while.
Doge got one recently
So did blackcoin

and mint just announced a bounty for one.

I'm not really interested in what effect it'll have on market value.

I'm more interested in if it'll disincentivize people from making shitcoins.

>>	why didn't anybody link this thread in the amdoge thread Anonymous Sat Mar 15 18:05:23 2014 No.216610 File: 50 KB, 681x511, amdoge.jpg [View same] [iqdb] [saucenao] [google] >>201817 lol (6).png >>203936

>>	Anonymous Sat Mar 15 18:45:57 2014 No.216722 >>216610 I would totally take her to a nice romantic dinner of Italian food with a good wine. Also That's not amDOGE Also I know that the spoiler tags don't work here

>>	Anonymous Sat Mar 15 20:46:40 2014 No.217130 Thougts on Spaincoin? will it have a legit pump like AUR is it another Maza? I have 450K doge and 45K digibyte

>>	Anonymous Sat Mar 15 21:45:14 2014 No.217291 >>208896 >SpainCoin is this legit or not? 50 million total coins AUR was 21 million will it reach like 0.5+, or this another Maza? Im about to go 50% of on it but not sure .. (I spent 0.15 on Maza at 9800, fuck)

>>	Anonymous Sat Mar 15 22:57:33 2014 No.217447 Spain coin general

>>	Anonymous Sun Mar 16 08:35:02 2014 No.218144 I only trade in BTC LTC PPC and NMC, PPC and NMC see nice rises with BTC and LTC is worthwhile on its own.

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