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Old 12-10-2013, 09:27 PM   #101
Perseus
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Re: Virtual Currency - Alt Coin Discussion Thread

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Originally Posted by PaperEmpire1 View Post
Quark is trash, yet more and more people are drawn in every day. This is turning into the biggest scamcoin in history. Bill Still is nothing more than a snake oil salesman. I have nothing against the technology (its great having 30 second blocks and an ultra secure hashing algorithm), I just can't stand the idea of making Bill Still and his cronies rich. Don't be fooled by Quark's apparent valuation. After taking into account a premium for liquidity, the fact that early adopters of Quark have huge holdings and that no one of any intelligence will ever accept this in exchange for anything of substantial value, the currency is garbage.

Who am I?
-Recent MBA grad (finance specialization) from a top tier Canadian school
- ~100K total in BTC and LTC holdings
-going to be selling 2 of my rental properties this spring and accepting BTC and maybe LTC
-done hundreds of hours of research on cryptocurrencies
-In the process of purchasing a $1M+ business and I will likely adopt BTC or LTC as a payment option

Talking about Quark's http://coinmarketcap.com/ rise to fame is also a joke. A market cap of a currency should not be valued based on only on the last trade. It should use some sort of a weighted average price approach that takes into account the entire # of coins outstanding. This way people will not fall victim to low volume and high price movements caused by shameless promoters like Bill Still. Valuing a cryptocurrency market cap based on the last trade (especially when there is market manipulation going on.. quarkcoin) only makes sense if there is a never ending supply of greater fools than the last.

Please do not fall victim a 98% pre-mined scam coin. There are not enough fools to bail you out. There is only enough to make Bill Still rich.

Put it this way... I'll NEVER accept quark and neither should you.
+1

Agree with everything here. When it comes out that it was a complete scam it's going to be bad for all alt-coins.
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Old 12-11-2013, 07:28 PM   #102
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Re: Virtual Currency - Alt Coin Discussion Thread

What are the best coins to mine atm? Don't know if there is just a clear/easy answer on that, but I have a nice mining setup for LTC, I know BTC is getting much harder in difficulty (and cost of entry) are there any other ones that are considered good for mining currently?
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Old 12-12-2013, 04:35 PM   #103
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Re: Virtual Currency - Alt Coin Discussion Thread

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What are the best coins to mine atm? Don't know if there is just a clear/easy answer on that, but I have a nice mining setup for LTC, I know BTC is getting much harder in difficulty (and cost of entry) are there any other ones that are considered good for mining currently?
coinwarz.com
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Old 12-13-2013, 11:15 AM   #104
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Re: Virtual Currency - Alt Coin Discussion Thread

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i think silver is used in industrial chemical manufacturing. idk how much, but there are people that use silver to help make stuff.
correct. many of the metals have use in the chemical manufacturing industry. They are used as catalysts.
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Old 12-13-2013, 12:29 PM   #105
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Re: Virtual Currency - Alt Coin Discussion Thread

Silver is also the most conductive metal afaik
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Old 12-13-2013, 02:19 PM   #106
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Re: Virtual Currency - Alt Coin Discussion Thread

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Silver is also the most conductive metal afaik
Copper is really close and doesn't corrode like Silver.
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Old 12-13-2013, 03:14 PM   #107
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Re: Virtual Currency - Alt Coin Discussion Thread

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Copper is really close and doesn't corrode like Silver.
So you're saying we need a copper to Litecoin's silver?
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Old 12-13-2013, 03:16 PM   #108
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Re: Virtual Currency - Alt Coin Discussion Thread

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So you're saying we need a copper to Litecoin's silver?
Quarkcoin IMO! Or Feathercoin or Sexcoin or BBQCoin. I'm rooting for BBQCoin.
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Old 12-13-2013, 03:41 PM   #109
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Re: Virtual Currency - Alt Coin Discussion Thread

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Quarkcoin IMO! Or Feathercoin or Sexcoin or BBQCoin. I'm rooting for BBQCoin.
if somebody is interested i can put up a tutorial how to mine quarks in the cloud
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Old 12-13-2013, 04:26 PM   #110
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Re: Virtual Currency - Alt Coin Discussion Thread

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if somebody is interested i can put up a tutorial how to mine quarks in the cloud
I'm hungry, would rather have BBQCoin. Any guides on that? Looking for maybe some brisket with a side of potato salad.
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Old 12-14-2013, 04:26 PM   #111
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Re: Virtual Currency - Alt Coin Discussion Thread

Regardless whether you are going to mine or buy some virtual currency, what would you purchase if you had to or would get them for free ( worth $1000 for example)
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Old 12-14-2013, 04:51 PM   #112
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Re: Virtual Currency - Alt Coin Discussion Thread

BBQCoin or Hobonickels
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Old 12-14-2013, 11:22 PM   #113
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Re: Virtual Currency - Alt Coin Discussion Thread

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Originally Posted by PrimordialAA View Post
What are the best coins to mine atm? Don't know if there is just a clear/easy answer on that, but I have a nice mining setup for LTC, I know BTC is getting much harder in difficulty (and cost of entry) are there any other ones that are considered good for mining currently?
https://www.multipool.us/

you just configure the miner and it automatically
chooses the most profitable altcoin to mine

very easy to use and if you have a good setup
(AMD graphic card is essential, donīt bother with Nvidia)
you are good to go...
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Old 12-15-2013, 12:01 AM   #114
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Re: Virtual Currency - Alt Coin Discussion Thread

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Originally Posted by equity_pls View Post
https://www.multipool.us/

you just configure the miner and it automatically
chooses the most profitable altcoin to mine

very easy to use and if you have a good setup
(AMD graphic card is essential, donīt bother with Nvidia)
you are good to go...
Do you just trade them for BTC then?
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Old 12-16-2013, 02:15 PM   #115
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Re: Virtual Currency - Alt Coin Discussion Thread

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BBQCoin or Hobonickels
Hobonickels are clearly superior.
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Old 12-16-2013, 05:56 PM   #116
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Re: Virtual Currency - Alt Coin Discussion Thread

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Hobonickels are clearly superior.
I dunno, Dogecoin making a strong run.
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Old 12-16-2013, 11:28 PM   #117
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Re: Virtual Currency - Alt Coin Discussion Thread

lol
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Old 12-16-2013, 11:30 PM   #118
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Re: Virtual Currency - Alt Coin Discussion Thread

dayum. it's actually real
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Old 12-17-2013, 09:37 AM   #119
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Re: Virtual Currency - Alt Coin Discussion Thread

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Originally Posted by TomCollins View Post
I dunno, Dogecoin making a strong run.
sold 1 million dogecoins for 15 ltc. Pretty sick considering I only mined them in 1 day with 1 mh.
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Old 12-17-2013, 12:22 PM   #120
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Re: Virtual Currency - Alt Coin Discussion Thread

unfortunatelly I am too stupid for mining :/
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Old 12-17-2013, 12:27 PM   #121
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Re: Virtual Currency - Alt Coin Discussion Thread

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Originally Posted by Iamcloud View Post

Brag sold 1 million dogecoins
Beat for 15 ltc.
Variance Pretty sick considering I only mined them in 1 day with 1 mh.
FYP
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Old 12-17-2013, 06:11 PM   #122
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Re: Virtual Currency - Alt Coin Discussion Thread

Such serious thoughts:

The guy who runs just-dice just set up doge-dice for Dogecoin. It looks like 1Billion Dogecoin (400BTC) might get wagered in the first 24hours of this site. This is about 10% of the volume just-dice has been doing lately. Based on this Id say dogecoin market cap should be 10% of BTC so about $800M. With current doge market cap at around $3M, Id say this is very much buy! So wow!
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Old 12-17-2013, 06:25 PM   #123
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Re: Virtual Currency - Alt Coin Discussion Thread

The amazing thing about dogecoin is that, people that were never into cryptocurrencies are now intrigued and participating in it.
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Old 12-19-2013, 11:26 AM   #124
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Re: Virtual Currency - Alt Coin Discussion Thread

Quote:
Originally Posted by equity_pls View Post
https://www.multipool.us/

you just configure the miner and it automatically
chooses the most profitable altcoin to mine

very easy to use and if you have a good setup
(AMD graphic card is essential, donīt bother with Nvidia)
you are good to go...
Aaaahaha, I started mining some dogecoin today for fun as I've never mined before and wanted to see the coins roll in (only using a hd 6850, not expecting profits). Went to multipool and see they're mining doge

I think it'd be ****ing hilarious (and very conflicting) if something like doge actually got serious traction.
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Old 12-19-2013, 03:38 PM   #125
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Re: Virtual Currency - Alt Coin Discussion Thread

someone want to make a tutorial for mining doge in the cloud?

I would try for fun

E
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