Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Brunic on October 12, 2012, 12:44:53 AM



Title: Litecoin price is blowing up!
Post by: Brunic on October 12, 2012, 12:44:53 AM
9.2 cents US now on BTC-e.
https://btc-e.com/exchange/ltc_usd
0.00768 BTC.
https://btc-e.com/exchange/ltc_btc

It was at 3.6 cents around 4 weeks ago. Impressive, really impressive! It took value even with BTC going down a little.

*EDIT*
I've corrected the typo. Didn't wanted to cause that much drama.  ;)


Title: Re: Litecoin price is blowing up!
Post by: notme on October 12, 2012, 12:50:42 AM
9.2 cents US now on BTC-e.
https://btc-e.com/exchange/ltc_usd
0.000768 BTC.
https://btc-e.com/exchange/ltc_btc

It was at 3.6 cents around 4 weeks ago. Impressive, really impressive! It took value even with BTC going down a little.


Impressive indeed... I might need to dust off the LTC wallet.


Title: Re: Litecoin price is blowing up!
Post by: smoothie on October 12, 2012, 12:52:23 AM
9.2 cents US now on BTC-e.
https://btc-e.com/exchange/ltc_usd
0.000768 BTC.
https://btc-e.com/exchange/ltc_btc

It was at 3.6 cents around 4 weeks ago. Impressive, really impressive! It took value even with BTC going down a little.


HOLY SHIT WHAT KIND OF DEALS IS THAT? lol 0.000768?


Title: Re: Litecoin price is blowing up!
Post by: notme on October 12, 2012, 12:54:41 AM
9.2 cents US now on BTC-e.
https://btc-e.com/exchange/ltc_usd
0.000768 BTC.
https://btc-e.com/exchange/ltc_btc

It was at 3.6 cents around 4 weeks ago. Impressive, really impressive! It took value even with BTC going down a little.


HOLY SHIT WHAT KIND OF DEALS IS THAT? lol 0.000768?

The link shows he made a typo with one too many zeros.


Title: Re: Litecoin price is blowing up!
Post by: casascius on October 12, 2012, 12:56:23 AM
9.2 cents US now on BTC-e.
https://btc-e.com/exchange/ltc_usd
0.000768 BTC.
https://btc-e.com/exchange/ltc_btc

It was at 3.6 cents around 4 weeks ago. Impressive, really impressive! It took value even with BTC going down a little.


HOLY SHIT WHAT KIND OF DEALS IS THAT? lol 0.000768?

Tonal Litecoins!  Luke-Jr must be trading them.


Title: Re: Litecoin price is blowing up!
Post by: notme on October 12, 2012, 12:57:36 AM
What I don't get is how litecoins are worth more than namecoins.


Title: Re: Litecoin price is blowing up!
Post by: smoothie on October 12, 2012, 01:04:35 AM
What I don't get is how litecoins are worth more than namecoins.

Namecoin has like almost 0 following....5 guys squatted all the good domain names.... equals.....shit


Title: Re: Litecoin price is blowing up!
Post by: markm on October 12, 2012, 01:07:18 AM
What I don't get is how litecoins are worth more than namecoins.

Namecoin has like almost 0 following....5 guys squatted all the good domain names.... equals.....shit

Probably more to do with mine-and-dump.

Namecoins are merged-mined alongside bitcoins, devcoins, groupcoins, ixcoins, i0coins and coiledcoins whereas litecoins cannot be merged alongside so require taking mining power away from all the other chains to mine them. Thus they are likely cheaper to buy than to mine.

-MarkM-


Title: Re: Litecoin price is blowing up!
Post by: goxed on October 12, 2012, 02:38:11 AM
What I don't get is how litecoins are worth more than namecoins.

Namecoin has like almost 0 following....5 guys squatted all the good domain names.... equals.....shit

Probably more to do with mine-and-dump.

Namecoins are merged-mined alongside bitcoins, devcoins, groupcoins, ixcoins, i0coins and coiledcoins whereas litecoins cannot be merged alongside so require taking mining power away from all the other chains to mine them. Thus they are likely cheaper to buy than to mine.

-MarkM-


Any background information on this bull run? Mining LTC is now more profitable than mining BTC.


Title: Re: Litecoin price is blowing up!
Post by: markm on October 12, 2012, 02:47:08 AM
Any background information on this bull run? Mining LTC is now more profitable than mining BTC.

So what? Why mine only bitcoin? To do so seems like "leaving money on the table".

How profitable is mining BTC, NMC, DVC, GRP, I0C, IXC and CLC all at once merged compared to mining any one chain alone?

Now how much more or less so if one were to add MBC, UKB, and others to the mix?

( See http://galaxies.mygamesonline.org/digitalisassets.html )

-MarkM-


Title: Re: Litecoin price is blowing up!
Post by: goxed on October 12, 2012, 04:13:05 AM
Any background information on this bull run? Mining LTC is now more profitable than mining BTC.

So what? Why mine only bitcoin? To do so seems like "leaving money on the table".

How profitable is mining BTC, NMC, DVC, GRP, I0C, IXC and CLC all at once merged compared to mining any one chain alone?

Now how much more or less so if one were to add MBC, UKB, and others to the mix?

( See http://galaxies.mygamesonline.org/digitalisassets.html )

-MarkM-


Cool :) But to mine LTC, I have to stop mining BTC.


Title: Re: Litecoin price is blowing up!
Post by: SRoulette on October 12, 2012, 04:14:59 AM
people are buying litecoins to gambling with them ?

Well, I can only hope anyway.


Title: Re: Litecoin price is blowing up!
Post by: mufa23 on October 12, 2012, 04:22:55 AM
I have been purchasing an absurd amount of Litecoin for a short time now. I have attributed to the recent market prices.


Title: Re: Litecoin price is blowing up!
Post by: Brunic on October 12, 2012, 04:35:07 AM
Any background information on this bull run? Mining LTC is now more profitable than mining BTC.

I've talked about it before, GPU are not going to disappear. Many people have the magic thinking that because ASIC are coming, GPU are out of the market. But "out of the market" means dismantling the farm and trying to sell all that equipment. I don't want to do that, and I don't think it's the goal of a lot of people. Gamers who were making a little side money mining with their stock still want to make a little money. Those GPU are still on the surface of the planet, and their owners still want to use them.

Litecoin is a way to continue this. Some wealth is moving from BTC to LTC, and probably that people are anticipating the transfer when ASIC will hit. Also, there's the whole unexplored market of having TWO legit blockchains that was impossible when only Bitcoin was around.

Miners will bring wealth to Litecoin and give it value the same way they brought wealth to Bitcoin and gave it value.

What I don't get is how litecoins are worth more than namecoins.

Litecoin is doing its job well, being a "cheap and less secure Bitcoin". Namecoin is not interesting to use, too complex, lack details and guidelines and people simply don't bother. Merged mining hurt its value too, since people are not interested, they just receive this bonus that they sell for BTC.

I like the idea behind Namecoin, don't misunderstand me. But it's so....useless right now, even Bitcoin services don't seem to find a use for Namecoins. Where is the GUI? Where is the simple website that hold my hand about how to use it?

Cool :) But to mine LTC, I have to stop mining BTC.

This quote explains why Litecoin is gaining value.


Title: Re: Litecoin price is blowing up!
Post by: markm on October 12, 2012, 05:06:20 AM
Yeah as mine-and-dump coins go, litecoin is dojng okay, apart from bitcoins they and namecoins are the most valuable mine-and-dump coins most of the time (actually maybe all the time).

Take a look at http://galaxies.mygamesonline.org/digitalisassets.html to see how a bunch of other types of coin are doing, there are some surprises there I think.

Basically it kind of looks like mine-and-dump might not be the greatest way of creating valuable currency.

-MarkM-


Title: Re: Litecoin price is blowing up!
Post by: El Cabron on October 12, 2012, 10:17:26 AM
9.2 cents US now on BTC-e.
https://btc-e.com/exchange/ltc_usd
0.000768 BTC.
https://btc-e.com/exchange/ltc_btc

It was at 3.6 cents around 4 weeks ago. Impressive, really impressive! It took value even with BTC going down a little.


HOLY SHIT WHAT KIND OF DEALS IS THAT? lol 0.000768?

Tonal Litecoins!  Luke-Jr must be trading them.

I did send him about a thousand LTC about 5 months ago. Shocked he wanted them. He has yet to move them however.


Title: Re: Litecoin price is blowing up!
Post by: smoothie on October 12, 2012, 10:20:03 AM
9.2 cents US now on BTC-e.
https://btc-e.com/exchange/ltc_usd
0.000768 BTC.
https://btc-e.com/exchange/ltc_btc

It was at 3.6 cents around 4 weeks ago. Impressive, really impressive! It took value even with BTC going down a little.


HOLY SHIT WHAT KIND OF DEALS IS THAT? lol 0.000768?

Tonal Litecoins!  Luke-Jr must be trading them.

I did send him about a thousand LTC about 5 months ago. Shocked he wanted them. He has yet to move them however.

Really? Mr. "Litecoin is a scam" wanted litecoins?

 :D


Title: Re: Litecoin price is blowing up!
Post by: El Cabron on October 12, 2012, 10:21:36 AM
9.2 cents US now on BTC-e.
https://btc-e.com/exchange/ltc_usd
0.000768 BTC.
https://btc-e.com/exchange/ltc_btc

It was at 3.6 cents around 4 weeks ago. Impressive, really impressive! It took value even with BTC going down a little.


HOLY SHIT WHAT KIND OF DEALS IS THAT? lol 0.000768?

Tonal Litecoins!  Luke-Jr must be trading them.

I did send him about a thousand LTC about 5 months ago. Shocked he wanted them. He has yet to move them however.

Really? Mr. "Litecoin is a scam" wanted litecoins?

 :D

Well he accepted 1337 of them, and gave me an address.


Title: Re: Litecoin price is blowing up!
Post by: smoothie on October 12, 2012, 10:22:42 AM
9.2 cents US now on BTC-e.
https://btc-e.com/exchange/ltc_usd
0.000768 BTC.
https://btc-e.com/exchange/ltc_btc

It was at 3.6 cents around 4 weeks ago. Impressive, really impressive! It took value even with BTC going down a little.


HOLY SHIT WHAT KIND OF DEALS IS THAT? lol 0.000768?

Tonal Litecoins!  Luke-Jr must be trading them.

I did send him about a thousand LTC about 5 months ago. Shocked he wanted them. He has yet to move them however.

Really? Mr. "Litecoin is a scam" wanted litecoins?

 :D

Well he accepted 1337 of them, and gave me an address.

You got any proof?

PM? Link?


Title: Re: Litecoin price is blowing up!
Post by: El Cabron on October 12, 2012, 10:29:51 AM
9.2 cents US now on BTC-e.
https://btc-e.com/exchange/ltc_usd
0.000768 BTC.
https://btc-e.com/exchange/ltc_btc

It was at 3.6 cents around 4 weeks ago. Impressive, really impressive! It took value even with BTC going down a little.


HOLY SHIT WHAT KIND OF DEALS IS THAT? lol 0.000768?

Tonal Litecoins!  Luke-Jr must be trading them.

I did send him about a thousand LTC about 5 months ago. Shocked he wanted them. He has yet to move them however.

Really? Mr. "Litecoin is a scam" wanted litecoins?

 :D

Well he accepted 1337 of them, and gave me an address.

You got any proof?

PM? Link?

Was done in #litecoin in July. i gave away a significant number of BTC as well. I'm sure some people in there will remember it:) 


Title: Re: Litecoin price is blowing up!
Post by: Greedi on October 12, 2012, 11:42:57 AM
9.2 cents US now on BTC-e.
https://btc-e.com/exchange/ltc_usd
0.000768 BTC.
https://btc-e.com/exchange/ltc_btc

It was at 3.6 cents around 4 weeks ago. Impressive, really impressive! It took value even with BTC going down a little.


HOLY SHIT WHAT KIND OF DEALS IS THAT? lol 0.000768?

Tonal Litecoins!  Luke-Jr must be trading them.

I did send him about a thousand LTC about 5 months ago. Shocked he wanted them. He has yet to move them however.

Really? Mr. "Litecoin is a scam" wanted litecoins?

 :D

Well he accepted 1337 of them, and gave me an address.

You got any proof?

PM? Link?

Was done in #litecoin in July. i gave away a significant number of BTC as well. I'm sure some people in there will remember it:) 

i Remember it :)


Title: Re: Litecoin price is blowing up!
Post by: crazy_rabbit on October 12, 2012, 03:09:18 PM
9.2 cents US now on BTC-e.
https://btc-e.com/exchange/ltc_usd
0.000768 BTC.
https://btc-e.com/exchange/ltc_btc

It was at 3.6 cents around 4 weeks ago. Impressive, really impressive! It took value even with BTC going down a little.


Impressive indeed... I might need to dust off the LTC wallet.

Impressive indeed...we might need to start protecting our LTC wallets!


Title: Re: Litecoin price is blowing up!
Post by: El Cabron on October 12, 2012, 03:30:59 PM
9.2 cents US now on BTC-e.
https://btc-e.com/exchange/ltc_usd
0.000768 BTC.
https://btc-e.com/exchange/ltc_btc

It was at 3.6 cents around 4 weeks ago. Impressive, really impressive! It took value even with BTC going down a little.


Impressive indeed... I might need to dust off the LTC wallet.

Impressive indeed...we might need to start protecting our LTC wallets!

start?    :D


Title: Re: Litecoin price is blowing up!
Post by: Come-from-Beyond on October 12, 2012, 03:31:50 PM
Let's buy LTC -> it will go up -> we will be millionaires.


Title: Re: Litecoin price is blowing up!
Post by: Liquid on October 12, 2012, 03:44:36 PM
Let's buy LTC -> it will go up -> we will be millionaires.

+1

Soon to be 11c / LTC  :o


Title: Re: Litecoin price is blowing up!
Post by: Come-from-Beyond on October 12, 2012, 04:06:00 PM
Let's buy LTC -> it will go up -> we will be millionaires.

+1

Soon to be 11c / LTC  :o

Oops. 9c/LTC...


Title: Re: Litecoin price is blowing up!
Post by: crazy_rabbit on October 12, 2012, 04:37:58 PM
Let's buy LTC -> it will go up -> we will be millionaires.

+1

Soon to be 11c / LTC  :o

Oops. 9c/LTC...

We will all be rich for mere seconds!


Title: Re: Litecoin price is blowing up!
Post by: smoothie on October 12, 2012, 04:51:55 PM
Let's buy LTC -> it will go up -> we will be millionaires.

+1

Soon to be 11c / LTC  :o

Oops. 9c/LTC...

We will all be rich for mere seconds!

 :D We want litecoin to be just like bitcoin. Everyone was millionaires when bitcoin hit $32 last year.

 ;D


Title: Re: Litecoin price is blowing up!
Post by: ajareselde on October 12, 2012, 05:05:39 PM
Dont know if anyone noticed , but estimated difficulty increase is 40%.
15 minutes ago there was A MASSIVE DUMP on btc-e for litecoin, but in half an hour, price started to liftoff again.

lol, this sure was an insane day for traders :)


Title: Re: Litecoin price is blowing up!
Post by: markm on October 12, 2012, 05:06:32 PM
$32? You would part with them that cheap?

Just because bitcoin is obscenely undervalued you have to copy them in that too, throwing away your litecoins for a pittance?

-MarkM-


Title: Re: Litecoin price is blowing up!
Post by: El Cabron on October 12, 2012, 05:27:02 PM
Last Price: 0.0078 BTC
Volume: 3882.17 BTC / 512300 LTC


that is insane volume for ltc




Title: Re: Litecoin price is blowing up!
Post by: squid on October 12, 2012, 05:31:12 PM
Hrm... maybe there is hope for my gpu farm yet.


Title: Re: Litecoin price is blowing up!
Post by: markm on October 12, 2012, 05:38:29 PM
Hrm... maybe there is hope for my gpu farm yet.

yep, as ASIC hit I expect all the chains that the ASICs don't do the correct hashing for and all the chains that the tunne;-vision "only bitcoin for me" crowd ignore will be moved to by GPU farms, though for the latter once the ASIC folk do get full merged mining set up mining all the chains they can the GPUs that stuck with bitcoin in order to pick up all the merge-able chains while they still could will end up eventually moving to the chains the ASICs are no good for.

(Pick up BBQcoin while you still can, as once litecoin is overpopulated what other ASIC-resistant chains are there to expand into? Liquidcoin? It has really really bad orphan rates. Tenebrix maybe? Code is way ancient, and isn't it too one of those too fast to be practical chains?)

-MarkM-


Title: Re: Litecoin price is blowing up!
Post by: pekv2 on October 12, 2012, 05:50:46 PM
Next Difficulty Estimate   20.77367823  ;)
Network Hash Rate   588,455 kH/s  ;)
High: 0.00869 BTC  ;)

Good for the ones that have quite a few mined already, but jumping in when next dif. kicks in, lol.


Title: Re: Litecoin price is blowing up!
Post by: wormbog on October 12, 2012, 07:46:18 PM

(Pick up BBQcoin while you still can, as once litecoin is overpopulated what other ASIC-resistant chains are there to expand into? Liquidcoin? It has really really bad orphan rates. Tenebrix maybe? Code is way ancient, and isn't it too one of those too fast to be practical chains?)


Sinking my life savings into BBQcoin is about to pay off big time!


Title: Re: Litecoin price is blowing up!
Post by: wndrbr3d on October 12, 2012, 09:10:40 PM
Next Difficulty Estimate   20.77367823  ;)
Network Hash Rate   588,455 kH/s  ;)
High: 0.00869 BTC  ;)

Good for the ones that have quite a few mined already, but jumping in when next dif. kicks in, lol.

Man, I guess the days of me solo-mining eight blocks in a single day with my couple GPU's is long over :P


Title: Re: Litecoin price is blowing up!
Post by: markm on October 13, 2012, 02:12:42 AM
Man, I guess the days of me solo-mining eight blocks in a single day with my couple GPU's is long over :P

Far from it! Fire up BBScoin and you should make many more blocks than that in a day, if you are one of the Early Re-adopters!

-MarkM-


Title: Re: Litecoin price is blowing up!
Post by: markm on October 13, 2012, 02:16:27 AM
Sinking my life savings into BBQcoin is about to pay off big time!

Thats the spirit! Could I interest you in a virtual retirement estate?

Say, in 3-D even? Or possibly an economy edition in 2-D? Or for the frugal, how about a nice text-mode one?

-MarkM-


Title: Re: Litecoin price is blowing up!
Post by: smoothie on October 13, 2012, 02:36:15 AM
Sinking my life savings into BBQcoin is about to pay off big time!

Thats the spirit! Could I interest you in a virtual retirement estate?

Say, in 3-D even? Or possibly an economy edition in 2-D? Or for the frugal, how about a nice text-mode one?

-MarkM-



LOL Mark you're not very good at trolling.  :D


Title: Re: Litecoin price is blowing up!
Post by: markm on October 13, 2012, 02:58:47 AM
Thats because I am not trolling! I am a legitimate Data Processing business, and virtual estates are data.

-MarkM-


Title: Re: Litecoin price is blowing up!
Post by: cunicula on October 13, 2012, 03:07:29 AM
A rise in litecoin price could be a rational response to expected ASIC deployment (though the effect seems too big?).

Investments in assets yielding litecoin and bitcion generate an incentive for complementary investments in litecoin and bitcoin applications. If ASICS make GPUs useless for producing bitcoin, then incentives for GPU owners to develop litecoin applications will be strengthened (i.e. efforts at bitcoin development will be diverted to litecoin). Essentially GPU owners will want to rescue their equipment from obsolescence.

Improvements in litecoin applications would increase demand for litecoin, positively affecting price.

Note that this only affects currencies that this should only affect currencies that can be mined with GPUs, but not with ASICs.

[Note: This is not investment advice. The price rise seems larger than could be justified to me.]


Title: Re: Litecoin price is blowing up!
Post by: smoothie on October 13, 2012, 03:21:11 AM
Thats because I am not trolling! I am a legitimate Data Processing business, and virtual estates are data.

-MarkM-


Why is it that your service/product/whatever doesn't interest me much


Title: Re: Litecoin price is blowing up!
Post by: markm on October 13, 2012, 03:26:40 AM
Thats because I am not trolling! I am a legitimate Data Processing business, and virtual estates are data.

-MarkM-


Why is it that your service/product/whatever doesn't interest me much

Maybe you just aren't a particularly interesting person, I don't know. Could even be a matter of [lack of] "taste" or something.

-MarkM-


Title: Re: Litecoin price is blowing up!
Post by: smoothie on October 13, 2012, 03:30:08 AM
Thats because I am not trolling! I am a legitimate Data Processing business, and virtual estates are data.

-MarkM-


Why is it that your service/product/whatever doesn't interest me much

Maybe you just aren't a particularly interesting person, I don't know. Could even be a matter of [lack of] "taste" or something.

-MarkM-

Rrrrright...

Your service/product/whatever = interesting

hmm......how many people have bought into your service? if you don't mind my asking...


Title: Re: Litecoin price is blowing up!
Post by: markm on October 13, 2012, 03:32:46 AM
Many, over the years, however virtual estates are a relatively new product we are so far just feeling out the market about to see if they are worth investing heavily into.

-MarkM-


Title: Re: Litecoin price is blowing up!
Post by: smoothie on October 13, 2012, 03:33:45 AM
Many, over the years, however virtual estates are a relatively new product we are so far just feeling out the market about to see if they are worth investing heavily into.

-MarkM-


Do go on....i'm listening...what are these virtual estates you speak of.


Title: Re: Litecoin price is blowing up!
Post by: markm on October 13, 2012, 03:42:21 AM
Now who is trolling? Start a separate thread if you are so interested.

-MarkM-


Title: Re: Litecoin price is blowing up!
Post by: smoothie on October 13, 2012, 03:55:44 AM
Now who is trolling? Start a separate thread if you are so interested.

-MarkM-


Okay. I hope you aren't this way with every other person who shows interest in what you "do".

And it's my job to troll. If you don't like it...keep crying  :D


Title: Re: Litecoin price is blowing up!
Post by: Come-from-Beyond on October 13, 2012, 05:46:45 AM
Back to the topic - 7.7c/LTC :(


Title: Re: Litecoin price is blowing up!
Post by: Liquid on October 13, 2012, 10:36:01 AM
8.2c/LTC


Title: Re: Litecoin price is blowing up!
Post by: AndyRossy on October 13, 2012, 06:27:52 PM
Here's comes the dump. -10% in 5 hours. 

Thanks for this thread, it seemed to do the purpose of the pumpers, helped fuel it up enof for them to start dumping.


Title: Re: Litecoin price is blowing up!
Post by: Greedi on October 13, 2012, 06:37:49 PM
Here's comes the dump. -10% in 5 hours. 

Thanks for this thread, it seemed to do the purpose of the pumpers, helped fuel it up enof for them to start dumping.
fuck off!


Title: Re: Litecoin price is blowing up!
Post by: smoothie on October 13, 2012, 07:00:48 PM
Here's comes the dump. -10% in 5 hours. 

Thanks for this thread, it seemed to do the purpose of the pumpers, helped fuel it up enof for them to start dumping.


www.ProofOfStake.com

That chart looks pretty much like a PUMP and DUMP! Care to debunk my theory?

LOL  :D


Title: Re: Litecoin price is blowing up!
Post by: Greedi on October 13, 2012, 07:01:56 PM
Here's comes the dump. -10% in 5 hours. 

Thanks for this thread, it seemed to do the purpose of the pumpers, helped fuel it up enof for them to start dumping.


www.ProofOfStake.com

That chart looks pretty much like a PUMP and DUMP! Care to debunk my theory?

LOL  :D

+100000 !!


Title: Re: Litecoin price is blowing up!
Post by: ildubbioso on October 13, 2012, 07:05:57 PM
any historical price chart of BTC? sCry is gone  :(


Title: Re: Litecoin price is blowing up!
Post by: DiCE1904 on October 13, 2012, 07:19:04 PM
any historical price chart of BTC? sCry is gone  :(

https://bitcointalk.org/index.php?topic=50591.0 (https://bitcointalk.org/index.php?topic=50591.0)


Title: Re: Litecoin price is blowing up!
Post by: wndrbr3d on October 14, 2012, 04:34:33 AM
Trade volume over the last 24h has been crazy high. Almost 2x that of bitcoin on MtCocks.


Title: Re: Litecoin price is blowing up!
Post by: Come-from-Beyond on October 14, 2012, 01:44:05 PM
...on MtCocks.

ROFL


Title: Re: Litecoin price is blowing up!
Post by: bitcool on October 15, 2012, 03:46:49 AM
That's a lot of cocks.


Title: Re: Litecoin price is blowing up!
Post by: BitBlitz on October 15, 2012, 04:16:11 AM
As much as I'd like to see LTC be successful, how will the value hold up if tons of GPU miners start mining it, drive the difficulty up, just to sell it?  If it doesn't serve a purpose other than than converting it right away, it will not remain profitable against what it is converted to for long.


Title: Re: Litecoin price is blowing up!
Post by: Brunic on October 15, 2012, 06:29:03 AM
As much as I'd like to see LTC be successful, how will the value hold up if tons of GPU miners start mining it, drive the difficulty up, just to sell it?  If it doesn't serve a purpose other than than converting it right away, it will not remain profitable against what it is converted to for long.

The quantity of LTC created is still the same as before. The number of miners doesn't change anything about the supply. And if it's not profitable anymore, the miners with the higher cost will drop, reducing the difficulty and making mining more profitable for those who stay.

I was there when the same scenario happened with Bitcoin last year after the bubble. The same questions arised. What happened is that after the big boom of 30$ where tons of miners came to mine, miners dropped slowly but constantly as the price dropped down to 2$. The only miners still mining on November were people like me who have low electricity cost. We were not making a lot of money, but we were making a ton of Bitcoin that compensated for the lack of value of Bitcoin.

The value is relative and is not that important for the survival of Litecoin. What is important is how many different people move Litecoin. The more there is people, the better it is for the currency. More miners means a better diversification of Litecoin, and that's always a good thing.


Title: Re: Litecoin price is blowing up!
Post by: AndyRossy on October 15, 2012, 07:25:30 AM
It's standard pump/dump - I mean look at the thread title.

It'll be back down to at least 0.005 within a couple weeks.


Title: Re: Litecoin price is blowing up!
Post by: smoothie on October 15, 2012, 07:51:49 AM
It's standard pump/dump - I mean look at the thread title.

It'll be back down to at least 0.005 within a couple weeks.

So let me get this straight...PPC can do this -----> www.proofofstake.com and it's NOT pump and dump...

Yet LTC does this ------> http://www.ltc-charts.com/period-charts.php?period=6-months&resolution=day&pair=ltc-btc&market=btc-e and it IS pump and dump?

Are you fucking retarded? Clearly the pump and dump was PPC based on the technical analysis. Look at the amount of hash power thrown at LTC as opposed to PPC.... http://www.litecoinpool.org/stats

Stop being a hyprocrit and call PPC the same...at least that way I would stop trolling your ass.... :D

Also 0.0086 to 0.005 is 42% decrease

PPC went from 0.001 to 0.0001 a 90% decrease

CLEARLY PPC IS MORE PUMP AND DUMP THAN LTC.


Title: Re: Litecoin price is blowing up!
Post by: AndyRossy on October 15, 2012, 08:04:48 AM
It's standard pump/dump - I mean look at the thread title.

It'll be back down to at least 0.005 within a couple weeks.

So let me get this straight...PPC can do this -----> www.proofofstake.com and it's NOT pump and dump...

Yet LTC does this ------> http://www.ltc-charts.com/period-charts.php?period=6-months&resolution=day&pair=ltc-btc&market=btc-e and it IS pump and dump?

Are you fucking retarded? Clearly the pump and dump was PPC based on the technical analysis. Look at the amount of hash power thrown at LTC as opposed to PPC.... http://www.litecoinpool.org/stats

Stop being a hyprocrit and call PPC the same...at least that way I would stop trolling your ass.... :D

Also 0.0086 to 0.005 is 42% decrease

PPC went from 0.001 to 0.0001 a 90% decrease

CLEARLY PPC IS MORE PUMP AND DUMP THAN LTC.


Not quite sure if you're being serious the spike up to 0.001 was over a matter of hours, as the price was set up / stabalized.  If you went back to LTC's first days of trading you'd find the same volitility.  Since then, it's stayed pretty much stable around 0.00015 - 0.00025. Anybody can see this from the graphs.  The LTC graphs show many cycles of pump/dump, candle sticks help to show this over 6 months, especially with volume metrics.  This is nothing to do with "currency finding it's fair openning price".

Maybe you should correlate trends of up and down vs volume on LTC.  I'll rung some technical analysis later for you, ignoring the original price adjustment/settlement to trading, you'd have to be crazy to call a PoS currency, especially PPC a pump and dump.

Anyway my bet stands as above, it'll be to 0.005 within no time.




Title: Re: Litecoin price is blowing up!
Post by: Liquid on October 15, 2012, 08:05:01 AM
Yes i would agree with smoothie here lol


Title: Re: Litecoin price is blowing up!
Post by: smoothie on October 15, 2012, 08:08:59 AM
It's standard pump/dump - I mean look at the thread title.

It'll be back down to at least 0.005 within a couple weeks.

So let me get this straight...PPC can do this -----> www.proofofstake.com and it's NOT pump and dump...

Yet LTC does this ------> http://www.ltc-charts.com/period-charts.php?period=6-months&resolution=day&pair=ltc-btc&market=btc-e and it IS pump and dump?

Are you fucking retarded? Clearly the pump and dump was PPC based on the technical analysis. Look at the amount of hash power thrown at LTC as opposed to PPC.... http://www.litecoinpool.org/stats

Stop being a hyprocrit and call PPC the same...at least that way I would stop trolling your ass.... :D

Also 0.0086 to 0.005 is 42% decrease

PPC went from 0.001 to 0.0001 a 90% decrease

CLEARLY PPC IS MORE PUMP AND DUMP THAN LTC.


Not quite sure if you're being serious the spike up to 0.001 was over a matter of hours, as the price was set up / stabalized.  If you went back to LTC's first days of trading you'd find the same volitility.  Since then, it's stayed pretty much stable around 0.00015 - 0.00025. Anybody can see this from the graphs.  The LTC graphs show many cycles of pump/dump, candle sticks help to show this over 6 months, especially with volume metrics.  This is nothing to do with "currency finding it's fair openning price".

Maybe you should correlate trends of up and down vs volume on LTC.  I'll rung some technical analysis later for you, ignoring the original price adjustment/settlement to trading, you'd have to be crazy to call a PoS currency, especially PPC a pump and dump.

Anyway my bet stands as above, it'll be to 0.005 within no time.




I dont disagree that the price will go to 0.005. THat's not the point. You saying that LTC is pump and dump and PPC isn't is stupid.

When LTC launched the price went from 0.001 to 0.01 and stayed up at 0.009 to 0.011 for at least 2 weeks. Ask Coblee or any other person who was mining and trading LTC last October.

You really shouldn't talk unless you were there at the LAUNCH of Litecoin, like I was.

Stop acting like you know what you are talking about when you clearly don't.

Please ask others and see what response you get. Instead of getting it from me please I encourage a POLL be put up so we can put this bullshit claim that LTC is pump and dump and PPC isnt pump and dump to an END.

Care to try?


Title: Re: Litecoin price is blowing up!
Post by: AndyRossy on October 15, 2012, 08:10:04 AM
It's standard pump/dump - I mean look at the thread title.

It'll be back down to at least 0.005 within a couple weeks.

So let me get this straight...PPC can do this -----> www.proofofstake.com and it's NOT pump and dump...

Yet LTC does this ------> http://www.ltc-charts.com/period-charts.php?period=6-months&resolution=day&pair=ltc-btc&market=btc-e and it IS pump and dump?

Are you fucking retarded? Clearly the pump and dump was PPC based on the technical analysis. Look at the amount of hash power thrown at LTC as opposed to PPC.... http://www.litecoinpool.org/stats

Stop being a hyprocrit and call PPC the same...at least that way I would stop trolling your ass.... :D

Also 0.0086 to 0.005 is 42% decrease

PPC went from 0.001 to 0.0001 a 90% decrease

CLEARLY PPC IS MORE PUMP AND DUMP THAN LTC.


Not quite sure if you're being serious the spike up to 0.001 was over a matter of hours, as the price was set up / stabalized.  If you went back to LTC's first days of trading you'd find the same volitility.  Since then, it's stayed pretty much stable around 0.00015 - 0.00025. Anybody can see this from the graphs.  The LTC graphs show many cycles of pump/dump, candle sticks help to show this over 6 months, especially with volume metrics.  This is nothing to do with "currency finding it's fair openning price".

Maybe you should correlate trends of up and down vs volume on LTC.  I'll rung some technical analysis later for you, ignoring the original price adjustment/settlement to trading, you'd have to be crazy to call a PoS currency, especially PPC a pump and dump.

Anyway my bet stands as above, it'll be to 0.005 within no time.




I dont disagree that the price will go to 0.005. THat's not the point. You saying that LTC is pump and dump and PPC isn't is stupid.

When LTC launched the price went from 0.001 to 0.01 and stayed up at 0.009 to 0.011 for at least 2 weeks. Ask Coblee or any other person who was mining and trading LTC last October.

You really shouldn't talk unless you were there at the LAUNCH of Litecoin, like I was.

Stop acting like you know what you are talking about when you clearly don't.

Please ask others and see what response you get. Instead of getting it from me please I encourage a POLL be put up so we can put this bullshit claim that LTC is pump and dump and PPC isnt pump and dump.

Care to try?

I was around during the launch of LTC, most of the trades were done on the forum / elsewhere, and the price varied just as much.

Oh shi. 



Title: Re: Litecoin price is blowing up!
Post by: smoothie on October 15, 2012, 08:11:00 AM
It's standard pump/dump - I mean look at the thread title.

It'll be back down to at least 0.005 within a couple weeks.

So let me get this straight...PPC can do this -----> www.proofofstake.com and it's NOT pump and dump...

Yet LTC does this ------> http://www.ltc-charts.com/period-charts.php?period=6-months&resolution=day&pair=ltc-btc&market=btc-e and it IS pump and dump?

Are you fucking retarded? Clearly the pump and dump was PPC based on the technical analysis. Look at the amount of hash power thrown at LTC as opposed to PPC.... http://www.litecoinpool.org/stats

Stop being a hyprocrit and call PPC the same...at least that way I would stop trolling your ass.... :D

Also 0.0086 to 0.005 is 42% decrease

PPC went from 0.001 to 0.0001 a 90% decrease

CLEARLY PPC IS MORE PUMP AND DUMP THAN LTC.


Not quite sure if you're being serious the spike up to 0.001 was over a matter of hours, as the price was set up / stabalized.  If you went back to LTC's first days of trading you'd find the same volitility.  Since then, it's stayed pretty much stable around 0.00015 - 0.00025. Anybody can see this from the graphs.  The LTC graphs show many cycles of pump/dump, candle sticks help to show this over 6 months, especially with volume metrics.  This is nothing to do with "currency finding it's fair openning price".

Maybe you should correlate trends of up and down vs volume on LTC.  I'll rung some technical analysis later for you, ignoring the original price adjustment/settlement to trading, you'd have to be crazy to call a PoS currency, especially PPC a pump and dump.

Anyway my bet stands as above, it'll be to 0.005 within no time.




I dont disagree that the price will go to 0.005. THat's not the point. You saying that LTC is pump and dump and PPC isn't is stupid.

When LTC launched the price went from 0.001 to 0.01 and stayed up at 0.009 to 0.011 for at least 2 weeks. Ask Coblee or any other person who was mining and trading LTC last October.

You really shouldn't talk unless you were there at the LAUNCH of Litecoin, like I was.

Stop acting like you know what you are talking about when you clearly don't.

Please ask others and see what response you get. Instead of getting it from me please I encourage a POLL be put up so we can put this bullshit claim that LTC is pump and dump and PPC isnt pump and dump.

Care to try?

I was around during the launch of LTC, most of the trades were done on the forum / elsewhere, and the price varied just as much.

Oh shi.  



Um no. Most of the trades were on BTC-e.com. Once again wrong.

Hmm starting to question whether you were there or not at the launch given your obvious lack of the facts.


Title: Re: Litecoin price is blowing up!
Post by: smoothie on October 15, 2012, 08:17:53 AM
AndyRossy you are so full of shit you know that?

Litecoin was Launched October 13th 2011. This was your last post in 2011...

Location?

And your first post in 2012...

dank ripped me off last year, paid money for a web design I never received.  Comms just stopped.

Last PM:

[
[Re: (No subject)
« Sent to: AndyRossy on: July 26, 2011, 01:37:46 AM »
« You have forwarded or responded to this message. »
Quote  Reply  Delete 
Quote from: AndyRossy on July 26, 2011, 01:21:10 AM
Hey

Are you going to screw me? If so I need to find another designer etc.  Not heard from you in a while.  Let me know if things are OK, or if you're stitching.

Regards
]
Not screwing you. 
]


Cost me 7BTC.

You were absent from the forum for a good 11 months. Only once Litecoin and bitcoin started taking off did you return to the forums. Not once did you post about litecoin during October of last year and May of this year.

You, like Sunny Drag Queen, are full of shit and lies.

Can't you ever cover your tracks when spewing bullshit from your mouths?

lol

 :D


Title: Re: Litecoin price is blowing up!
Post by: dust on October 15, 2012, 08:20:26 AM
I was around during the launch of LTC, most of the trades were done on the forum / elsewhere, and the price varied just as much.

Oh shi. 
Um no. Most of the trades were on BTC-e.com. Once again wrong.

Hmm starting to question whether you were there or not at the launch given your obvious lack of the facts.
Obviously, when LTC was just launched it was not traded on BTC-e, so all trades were off the exchanges.

Example: https://bitcointalk.org/index.php?topic=48060.0 (https://bitcointalk.org/index.php?topic=48060.0)

There were definitely big swings in LTC value early on, both before and after exchanges were available.


Title: Re: Litecoin price is blowing up!
Post by: smoothie on October 15, 2012, 08:23:58 AM
I was around during the launch of LTC, most of the trades were done on the forum / elsewhere, and the price varied just as much.

Oh shi.  
Um no. Most of the trades were on BTC-e.com. Once again wrong.

Hmm starting to question whether you were there or not at the launch given your obvious lack of the facts.
Obviously, when LTC was just launched it was not traded on BTC-e, so all trades were off the exchanges.

Example: https://bitcointalk.org/index.php?topic=48060.0 (https://bitcointalk.org/index.php?topic=48060.0)

There were definitely big swings in LTC value early on, both before and after exchanges were available.

Three days after launch BTC-e announce in this post below that LTC started trading. Three days. OMFG that's so much time to trade on the forum on a just launched cryptocurrency and had "SO MUCH VOLUME" as andyrossy claims to there have been traded. NOTE: PPC created 10 MILLION PPC in the FIRST 4 weeks of launch. LTC had about 1 million in the first 4 weeks. So ANYROSSY, your "VOLUME" argument isn't valid given PPC totally outpaced LTC from its launch.

Start trading  FBX / BTC & LTC / BTC

https://btc-e.com/exchange/fbx_btc  FBX / BTC

https://btc-e.com/exchange/ltc_btc LTC / BTC

Try harder lol...keep coming trolls.  :D

Edit: @Dust, clearly you don't know the meaning of the word "MOST". At most there was 15k LTC traded on the forum in three days.


Title: Re: Litecoin price is blowing up!
Post by: smoothie on October 15, 2012, 08:28:27 AM
Moreso, PPC was launched in the middle of August of this year and the exchange came up from DoubleC on:

I'm trialing a PPCoin exchange at https://ppcexchange.bitparking.com. It works similar to my  namecoin and litecoin exchanges. If you register please include an emergency PPC and BTC withdrawal address when prompted so the exchange can refund coins if it needs to close.

The deposit addresses are permanent - they don't change and you can send to them multiple times - which is different from how my namecoin exchange operates.

September 7th!...MUCH MORE THAN 3 days later!

Clearly the price on BTC-e last year for LTC was the "INITIAL PRICE"....i.e. between 0.009 and 0.011 as I told you it was for the first two weeks at least after it started trading.

PPC...first few days on the bitparking exchange, pump and dumped that shit...courtesy of Sunny Drag Queen.



Title: Re: Litecoin price is blowing up!
Post by: AndyRossy on October 15, 2012, 08:54:55 AM
AndyRossy you are so full of shit you know that?

...

You were absent from the forum for a good 11 months. Only once Litecoin and bitcoin started taking off did you return to the forums. Not once did you post about litecoin during October of last year and May of this year.

You, like Sunny Drag Queen, are full of shit and lies.

Can't you ever cover your tracks when spewing bullshit from your mouths?

lol

 :D

Yes, I have followed crypto currency stuff very early, just not always been active on this forum. ??



Title: Re: Litecoin price is blowing up!
Post by: smoothie on October 15, 2012, 08:58:00 AM
AndyRossy you are so full of shit you know that?

...

You were absent from the forum for a good 11 months. Only once Litecoin and bitcoin started taking off did you return to the forums. Not once did you post about litecoin during October of last year and May of this year.

You, like Sunny Drag Queen, are full of shit and lies.

Can't you ever cover your tracks when spewing bullshit from your mouths?

lol

 :D

Yes, I have followed crypto currency stuff very early, just not always been active on this forum. ??



Then you would know that the exchange for LTC was created 3 days after its launch on BTC-e.com and you would also know the general prices that it traded at for a few weeks were much more stable than your PEE PEE COIN.



Title: Re: Litecoin price is blowing up!
Post by: AndyRossy on October 15, 2012, 08:59:26 AM
AndyRossy you are so full of shit you know that?

...

You were absent from the forum for a good 11 months. Only once Litecoin and bitcoin started taking off did you return to the forums. Not once did you post about litecoin during October of last year and May of this year.

You, like Sunny Drag Queen, are full of shit and lies.

Can't you ever cover your tracks when spewing bullshit from your mouths?

lol

 :D

Yes, I have followed crypto currency stuff very early, just not always been active on this forum. ??



Then you would know that the exchange for LTC was created 3 days after its launch on BTC-e.com and you would also know the general prices that it traded at for a few weeks were much more stable than your PEE PEE COIN.



Nope.



Title: Re: Litecoin price is blowing up!
Post by: smoothie on October 15, 2012, 09:01:34 AM
AndyRossy you are so full of shit you know that?

...

You were absent from the forum for a good 11 months. Only once Litecoin and bitcoin started taking off did you return to the forums. Not once did you post about litecoin during October of last year and May of this year.

You, like Sunny Drag Queen, are full of shit and lies.

Can't you ever cover your tracks when spewing bullshit from your mouths?

lol

 :D

Yes, I have followed crypto currency stuff very early, just not always been active on this forum. ??



Then you would know that the exchange for LTC was created 3 days after its launch on BTC-e.com and you would also know the general prices that it traded at for a few weeks were much more stable than your PEE PEE COIN.



Nope.



http://www.proofofstake.com/

Nuff said lol


Title: Re: Litecoin price is blowing up!
Post by: AndyRossy on October 15, 2012, 09:26:09 AM
Moreso, PPC was launched in the middle of August of this year and the exchange came up from DoubleC on:

I'm trialing a PPCoin exchange at https://ppcexchange.bitparking.com. It works similar to my  namecoin and litecoin exchanges. If you register please include an emergency PPC and BTC withdrawal address when prompted so the exchange can refund coins if it needs to close.

The deposit addresses are permanent - they don't change and you can send to them multiple times - which is different from how my namecoin exchange operates.

September 7th!...MUCH MORE THAN 3 days later!

Clearly the price on BTC-e last year for LTC was the "INITIAL PRICE"....i.e. between 0.009 and 0.011 as I told you it was for the first two weeks at least after it started trading.

PPC...first few days on the bitparking exchange, pump and dumped that shit...courtesy of Sunny Drag Queen.



ppc_db=# select sum(volume), sum(volume*price) from trade_history where price >= 0.001;
 sum  |  sum  
------+-------
 5001 | 5.001
(1 row)

ppc_db=# select sum(volume), sum(volume*price) from trade_history where price >= 0.0009 AND price < 0.001;
  sum  |   sum   
-------+----------
 15900 | 14.70996
(1 row)

ppc_db=# select sum(volume), sum(volume*price) from trade_history where price >= 0.0008 and price < 0.0009;
 sum  |  sum  
------+--------
 7000 | 6.0646
(1 row)



Yeah man, serious dumps.  25BTC? What's that 3150 LTC's sold at current inflated price? Right.

What would you say PPC is currently setting itself up for, the last month flat lining? Some mega dump I guess?


Title: Re: Litecoin price is blowing up!
Post by: smoothie on October 15, 2012, 09:37:49 AM
Moreso, PPC was launched in the middle of August of this year and the exchange came up from DoubleC on:

I'm trialing a PPCoin exchange at https://ppcexchange.bitparking.com. It works similar to my  namecoin and litecoin exchanges. If you register please include an emergency PPC and BTC withdrawal address when prompted so the exchange can refund coins if it needs to close.

The deposit addresses are permanent - they don't change and you can send to them multiple times - which is different from how my namecoin exchange operates.

September 7th!...MUCH MORE THAN 3 days later!

Clearly the price on BTC-e last year for LTC was the "INITIAL PRICE"....i.e. between 0.009 and 0.011 as I told you it was for the first two weeks at least after it started trading.

PPC...first few days on the bitparking exchange, pump and dumped that shit...courtesy of Sunny Drag Queen.



ppc_db=# select sum(volume), sum(volume*price) from trade_history where price >= 0.001;
 sum  |  sum 
------+-------
 5001 | 5.001
(1 row)

ppc_db=# select sum(volume), sum(volume*price) from trade_history where price >= 0.0009;
  sum  |   sum    
-------+----------
 20901 | 19.71096
(1 row)

ppc_db=# select sum(volume), sum(volume*price) from trade_history where price >= 0.0008 and price < 0.0009;
 sum  |  sum  
------+--------
 7000 | 6.0646
(1 row)



Yeah man, serious dumps.  30BTC? What's that 3787 LTC's sold at current inflated price?

What would you say PPC is currently setting itself up for, the last month flat lining? Some mega dump I guess?


I just went through block explorer for PPC and in the first 5 days about 3.5 MILLION PPC were created.

AGAIN I REPEAT IN 5 DAYS 3.5 MILLION PPC WERE CREATED! HOLY SHIT!

OVER 30% OF THE CURRENT TOTAL SUPPLY WAS CREATED IN 5 DAYS AND HAS BEEN RUNNING FOR ABOUT 60 DAYS AND HAS A TOTAL OF 11 MILLION.

That's right, there weren't enough BTC to sell into is why there was so LOW volume. Had there been more volume I'm quite sure Mr. Drag Queen wouldn't mind unloading a fuckton of PPC that he has stashed away on to the exchange eh?

People aren't stupid enough to put their bitcoins into PPC as much as Sunny would hope.

Again I ask the question, how much PPC does Sunny Drag Queen hold? Centralization of a cryptocurrency actually makes less sense to a supposedly "decentralized" (advertised) crypto-thingie.

Most of the current 11 million PPC in existence was mined in the first few days by Sunny. You can't tell me otherwise.

Moreso, on top of all of that the guy just admitted in the other thread that he doesn't even have a mathematical formula or analysis of PPC, it's just "supposed to work".

Right we all should just accept that it should work the way he tells us it should work. Satoshi didn't leave out portions of Bitcoin in his whitepaper. Why is Sunny?

 :D


Title: Re: Litecoin price is blowing up!
Post by: smoothie on October 15, 2012, 09:45:30 AM
Let's count how many shady things have happen to date surrounding PPC and Sunny Drags...

1. PPC released with an incomplete white paper that comes along after launch.
2. Huge amounts of PPC mined (30%+ mined in 5 days total (to-date) supply))
3. Sunny's trolls like AndyRossy and Server etc come out to defend Sunny as soon as he is caught in a tight spot claiming $100-$200k development time has gone into PPC to date and that Bitcoin's development is only about $500k worth.
4. PPC bitparking exchange price spikes to 0.001btc then back to 0.0001btc and AndyRossy claims that isn't a pump and dump (at all).
5. Mr. Sunny Drag Queen admits he doesn't even have a formula or mathematical analysis of how PPC should work.
6. Difficulty on the block explorer shows erratic jumps in difficulty from like 1.18 to 10,000 every few blocks. No real pattern here it seems. Reminds me of "trust nodes" that get to mine every other block etc.
7. Sunny also admits that much less than 50% of total PPC is needed to manipulate the network (what number? he doesn't even know).



Title: Re: Litecoin price is blowing up!
Post by: AndyRossy on October 15, 2012, 09:46:43 AM
Moreso, PPC was launched in the middle of August of this year and the exchange came up from DoubleC on:

I'm trialing a PPCoin exchange at https://ppcexchange.bitparking.com. It works similar to my  namecoin and litecoin exchanges. If you register please include an emergency PPC and BTC withdrawal address when prompted so the exchange can refund coins if it needs to close.

The deposit addresses are permanent - they don't change and you can send to them multiple times - which is different from how my namecoin exchange operates.

September 7th!...MUCH MORE THAN 3 days later!

Clearly the price on BTC-e last year for LTC was the "INITIAL PRICE"....i.e. between 0.009 and 0.011 as I told you it was for the first two weeks at least after it started trading.

PPC...first few days on the bitparking exchange, pump and dumped that shit...courtesy of Sunny Drag Queen.



ppc_db=# select sum(volume), sum(volume*price) from trade_history where price >= 0.001;
 sum  |  sum 
------+-------
 5001 | 5.001
(1 row)

ppc_db=# select sum(volume), sum(volume*price) from trade_history where price >= 0.0009;
  sum  |   sum    
-------+----------
 20901 | 19.71096
(1 row)

ppc_db=# select sum(volume), sum(volume*price) from trade_history where price >= 0.0008 and price < 0.0009;
 sum  |  sum  
------+--------
 7000 | 6.0646
(1 row)



Yeah man, serious dumps.  30BTC? What's that 3787 LTC's sold at current inflated price?

What would you say PPC is currently setting itself up for, the last month flat lining? Some mega dump I guess?


I just went through block explorer for PPC and in the first 5 days about 3.5 MILLION PPC were created.

AGAIN I REPEAT IN 5 DAYS 3.5 MILLION PPC WERE CREATED! HOLY SHIT!

OVER 30% OF THE CURRENT TOTAL SUPPLY WAS CREATED IN 5 DAYS AND HAS BEEN RUNNING FOR ABOUT 60 DAYS AND HAS A TOTAL OF 11 MILLION.

That's right, there weren't enough BTC to sell into is why there was so LOW volume. Had there been more volume I'm quite sure Mr. Drag Queen wouldn't mind unloading a fuckton of PPC that he has stashed away on to the exchange eh?

People aren't stupid enough to put their bitcoins into PPC as much as Sunny would hope.

Again I ask the question, how much PPC does Sunny Drag Queen hold? Centralization of a cryptocurrency actually makes less sense to a supposedly "decentralized" (advertised) crypto-thingie.

Most of the current 11 million PPC in existence was mined in the first few days by Sunny. You can't tell me otherwise.

Moreso, on top of all of that the guy just admitted in the other thread that he doesn't even have a mathematical formula or analysis of PPC, it's just "supposed to work".

Right we all should just accept that it should work the way he tells us it should work. Satoshi didn't leave out portions of Bitcoin in his whitepaper. Why is Sunny?

 :D

Another topic change.

We've had this convo before.  I know of at least 3 other miners mining during the first few days.  Go look at that thread.

As to "Moreso, on top of all of that the guy just admitted in the other thread that he doesn't even have a mathematical formula or analysis of PPC, it's just "supposed to work", this is more towards a specific issue than "have a mathematical formula".

Want to change topic again after you get owned?

Code:

     date_trunc      |       sum        
---------------------+------------------
 2012-08-16 00:00:00 |                0
 2012-08-19 00:00:00 |        364697.15
 2012-08-20 00:00:00 |       1986487.24
 2012-08-21 00:00:00 |        506848.92
 2012-08-22 00:00:00 |        296125.26
 2012-08-23 00:00:00 |        243440.67
 2012-08-24 00:00:00 |        205923.68
 2012-08-25 00:00:00 |        170012.84
 2012-08-26 00:00:00 |         164325.9
 2012-08-27 00:00:00 |        193886.46
 2012-08-28 00:00:00 |        162647.63
 2012-08-29 00:00:00 |        186242.08
 2012-08-30 00:00:00 |        157748.81
 2012-08-31 00:00:00 |        179751.01


Title: Re: Litecoin price is blowing up!
Post by: smoothie on October 15, 2012, 09:50:09 AM
How did I get owned given the price spiked to 0.001 on low volume? As I said people aren't stupid enough to put their bitcoins into PPC as shady as it is.

Oh right...at least 3 other miners. Wow okay so we have instead of 1 person with a huge lot of PPC we have...at least 4 people? Wow great ...so much better decentralization of PPC.

"less than 50% of PPC total is needed to manipulate the network" - Sunnyking

Need I say more?

Edit: What's to stop a collusion of the large stacks of PPC that mined early from manipulating the network that has an incomplete whitepaper and forumla/analysis?


Title: Re: Litecoin price is blowing up!
Post by: AndyRossy on October 15, 2012, 09:51:18 AM
Let's count how many shady things have happen to date surrounding PPC and Sunny Drags...

1. PPC released with an incomplete white paper that comes along after launch.
2. Huge amounts of PPC mined (30%+ mined in 5 days total (to-date) supply))
3. Sunny's trolls like AndyRossy and Server etc come out to defend Sunny as soon as he is caught in a tight spot claiming $100-$200k development time has gone into PPC to date and that Bitcoin's development is only about $500k worth.
4. PPC bitparking exchange price spikes to 0.001btc then back to 0.0001btc and AndyRossy claims that isn't a pump and dump (at all).
5. Mr. Sunny Drag Queen admits he doesn't even have a formula or mathematical analysis of how PPC should work.
6. Difficulty on the block explorer shows erratic jumps in difficulty from like 1.18 to 10,000 every few blocks. No real pattern here it seems. Reminds me of "trust nodes" that get to mine every other block etc.
7. Sunny also admits that much less than 50% of total PPC is needed to manipulate the network (what number? he doesn't even know).



Oh another subject change, yes LTC is a pump and dump..... oh wait, no, PPC is, oh wait, sunny king has lots of coin, oh wait.... maybe ppc is just.

Last answer / reply for you in here, you're wasting my time.

1) You've not even read the white paper, I doubt you even understand it.
2) Correct, and, as you point out, this diminishes over time, the total PPC's out there is over 10m now.
3) 100-200k is fair; and as to the above point, im happy to reward the lead dev for doing a good job.  He doesnt have "over 30%+", but im sure he has, and he should, hold some of the currency.  It's a working incentive.
4) This has been answered before, like LTC in early days, it's price stability, you've not addressed the flat line since, over the last month. LTC charts shows its a cycle of pump/dump, nothing more. Some people like this.
5) This is inaccurate, and ties to your point 7.  
6) See point 1, this made me laugh btw.
7) Maybe you can solve / map this, it's not a trivial problem.

Andy



Title: Re: Litecoin price is blowing up!
Post by: smoothie on October 15, 2012, 09:56:27 AM
Let's count how many shady things have happen to date surrounding PPC and Sunny Drags...

1. PPC released with an incomplete white paper that comes along after launch.
2. Huge amounts of PPC mined (30%+ mined in 5 days total (to-date) supply))
3. Sunny's trolls like AndyRossy and Server etc come out to defend Sunny as soon as he is caught in a tight spot claiming $100-$200k development time has gone into PPC to date and that Bitcoin's development is only about $500k worth.
4. PPC bitparking exchange price spikes to 0.001btc then back to 0.0001btc and AndyRossy claims that isn't a pump and dump (at all).
5. Mr. Sunny Drag Queen admits he doesn't even have a formula or mathematical analysis of how PPC should work.
6. Difficulty on the block explorer shows erratic jumps in difficulty from like 1.18 to 10,000 every few blocks. No real pattern here it seems. Reminds me of "trust nodes" that get to mine every other block etc.
7. Sunny also admits that much less than 50% of total PPC is needed to manipulate the network (what number? he doesn't even know).



Oh another subject change, yes LTC is a pump and dump..... oh wait, no, PPC is, oh wait, sunny king has lots of coin, oh wait.... maybe ppc is just.

Last answer / reply for you in here, you're wasting my time.

1) You've not even read the white paper, I doubt you even understand it.
2) Correct, and, as you point out, this diminishes over time, the total PPC's out there is over 10m now.
3) 100-200k is fair; and as to the above point, im happy to reward the lead dev for doing a good job.  He doesnt have "over 30%+", but im sure he has, and he should, hold some of the currency.  It's a working incentive.
4) This has been answered before, like LTC in early days, it's price stability, you've not addressed the flat line since, over the last month. LTC charts shows its a cycle of pump/dump, nothing more. Some people like this.
5) This is inaccurate, and ties to your point 7.  
6) See point 1, this made me laugh btw.
7) Maybe you can solve / map this, it's not a trivial problem.

Andy



I'm curious, does Sunny Drag Queen pay you by the hour or by the minute to try to detract from the shadiness that surrounds PPC?

oh and 100k-200k is hardly fair worth for PPC when it has an incomplete whitepaper AND has also an incomplete analysis/formula of how it supposed to work. LOL this made me laugh and will continue to do so for some time.

 :D

I like how you did not address the centralization of PPC by a few...and how that IS a huge problem. Oh right because it isnt a huge problem because you are one of the big holders...oh right...sorry nevermind lol


Title: Re: Litecoin price is blowing up!
Post by: smoothie on October 15, 2012, 10:05:30 AM
Let's count how many shady things have happen to date surrounding PPC and Sunny Drags...

1. PPC released with an incomplete white paper that comes along after launch.
2. Huge amounts of PPC mined (30%+ mined in 5 days total (to-date) supply))
3. Sunny's trolls like AndyRossy and Server etc come out to defend Sunny as soon as he is caught in a tight spot claiming $100-$200k development time has gone into PPC to date and that Bitcoin's development is only about $500k worth.
4. PPC bitparking exchange price spikes to 0.001btc then back to 0.0001btc and AndyRossy claims that isn't a pump and dump (at all).
5. Mr. Sunny Drag Queen admits he doesn't even have a formula or mathematical analysis of how PPC should work.
6. Difficulty on the block explorer shows erratic jumps in difficulty from like 1.18 to 10,000 every few blocks. No real pattern here it seems. Reminds me of "trust nodes" that get to mine every other block etc.
7. Sunny also admits that much less than 50% of total PPC is needed to manipulate the network (what number? he doesn't even know).



Oh another subject change, yes LTC is a pump and dump..... oh wait, no, PPC is, oh wait, sunny king has lots of coin, oh wait.... maybe ppc is just.

Last answer / reply for you in here, you're wasting my time.

1) You've not even read the white paper, I doubt you even understand it.
2) Correct, and, as you point out, this diminishes over time, the total PPC's out there is over 10m now.
3) 100-200k is fair; and as to the above point, im happy to reward the lead dev for doing a good job.  He doesnt have "over 30%+", but im sure he has, and he should, hold some of the currency.  It's a working incentive.
4) This has been answered before, like LTC in early days, it's price stability, you've not addressed the flat line since, over the last month. LTC charts shows its a cycle of pump/dump, nothing more. Some people like this.
5) This is inaccurate, and ties to your point 7.  
6) See point 1, this made me laugh btw.
7) Maybe you can solve / map this, it's not a trivial problem.

Andy




So again please explain to me how point 5 is inaccurate... lol
 :D :D :D :D ;D ;D ;D ;D



You are right I don't have a math analysis of how much coins are needed to attempt control of block chain. First it's more difficult than Satoshi's design, secondly I think there maybe other practical attacking vectors that I have missed so putting a math formula there as the final say on security is a bit misleading as well. So no I don't think I am ready to do this type of analysis. I think I have mentioned this before.

I did not claim that you need 50% coins to control ppcoin block chain. Much less of that would be enough.

It may not match your expectations but I did what I can to contribute, rather than sitting there and accusing other people being lazy and greedy while they are the ones doing the real work. How convenient.

If you are so helpful then why don't you polish your analysis and continue discussion on the security properties? Instead you would just launch your personal crusade to attack me and ppcoin project. If you worried so much about investors then why I haven't seen one pm from you describing the vulnerability of ppcoin and discuss with me ways of fixing it? I have received quite a number of pms but none are from the detractors as their main goal is to discredit ppcoin in public.

However given all that I have endured from you, you are still welcome to pm me if you truly wish to discuss about security analysis of ppcoin. Otherwise we would just have to part our ways.


Title: Re: Litecoin price is blowing up!
Post by: pyra-proxy on October 15, 2012, 10:38:59 AM
Last answer / reply for you in here, you're wasting my time.

Good advice for you and others, particularly newcomers here is that there are certain personalities that are just more efficient to just ignore... to the newcomers to this board, the shade of urine, right up to full blown kidney stone blood in the urine color highlighting their "ignore" link is a great indicator.

Just sayin'...

**Holds no PPC, does not plan to deal with it yet, just watching and waiting to see how it develops for the time being.


Title: Re: Litecoin price is blowing up!
Post by: smoothie on October 15, 2012, 10:42:58 AM
Last answer / reply for you in here, you're wasting my time.

Good advice for you and others, particularly newcomers here is that there are certain personalities that are just more efficient to just ignore... to the newcomers to this board, the shade of urine, right up to full blown kidney stone blood in the urine color highlighting their "ignore" link is a great indicator.

Just sayin'...

**Holds no PPC, does not plan to deal with it yet, just watching and waiting to see how it develops for the time being.

Thanks for your input Mr. Created my account on October 6th, 2012 and thinks I have much input and not enough to read to get caught up to have a meaningful discussion.  ;D


Title: Re: Litecoin price is blowing up!
Post by: ajareselde on October 15, 2012, 03:59:52 PM
it seams like its too early for ltc to rise, price came falling like a rock today.

what do u think will it ever even have a chance against btc.

cheers


Title: Re: Litecoin price is blowing up!
Post by: AndyRossy on October 15, 2012, 04:26:44 PM
it seams like its too early for ltc to rise, price came falling like a rock today.

what do u think will it ever even have a chance against btc.

cheers


Yep, it's round one of the dump

This whole thread, title included, was just to set up a dump, everyone knows this. LTC is a cycle of pump/dump regularly.  It's a bit like a ponzi come pyramid if you think of the mechanics/who profits. It'll drop a lot more too also for other reasons, esp as some miners jumped on as soon as difficulty went up, basically to maximize the money they can generate before it readjusts again, they'll be selling off as soon as they're mine - they're not in it to "hold the currency".

Img (http://postimage.org/image/7nrn11owx/)

http://www.proofofstake.com/ltc.png


Edit. Also, lol at the volume spike.


Title: Re: Litecoin price is blowing up!
Post by: BitBlitz on October 15, 2012, 05:54:41 PM
As much as I'd like to see LTC be successful, how will the value hold up if tons of GPU miners start mining it, drive the difficulty up, just to sell it?  If it doesn't serve a purpose other than than converting it right away, it will not remain profitable against what it is converted to for long.

The quantity of LTC created is still the same as before. The number of miners doesn't change anything about the supply. And if it's not profitable anymore, the miners with the higher cost will drop, reducing the difficulty and making mining more profitable for those who stay.

I was there when the same scenario happened with Bitcoin last year after the bubble. The same questions arised. What happened is that after the big boom of 30$ where tons of miners came to mine, miners dropped slowly but constantly as the price dropped down to 2$. The only miners still mining on November were people like me who have low electricity cost. We were not making a lot of money, but we were making a ton of Bitcoin that compensated for the lack of value of Bitcoin.

The value is relative and is not that important for the survival of Litecoin. What is important is how many different people move Litecoin. The more there is people, the better it is for the currency. More miners means a better diversification of Litecoin, and that's always a good thing.
I think you missed my point.  This has nothing to do with miners reaching equilibrium with difficulty and earnings.  My point is that the price of LTC won't go anywhere if it serves no purpose other than converting into another currency.

The contrast with Bitcoin was that there were investors, markets where you could spend them, hoarders, and value other than exchanging for cash.  If Bitcoin was only being sold into cash last year, it would be dead today.. 


Title: Re: Litecoin price is blowing up!
Post by: Brunic on October 15, 2012, 06:24:04 PM
Hey guys,

This topic is about Litecoin. I don't give a f**k about PPcoin. There is other topic for that, discuss that matter elsewhere.



I think you missed my point.  This has nothing to do with miners reaching equilibrium with difficulty and earnings.  My point is that the price of LTC won't go anywhere if it serves no purpose other than converting into another currency.

The contrast with Bitcoin was that there were investors, markets where you could spend them, hoarders, and value other than exchanging for cash.  If Bitcoin was only being sold into cash last year, it would be dead today.. 

Well, first, the price of Litecoin is between 6 and 9 cents. Last time Bitcoin was at that price, there was not a lot of investors or markets either. I know I'm acting like a little girl with my topic, but I'm realist enough to see that Litecoin is still valued very low. Currently, the value of Litecoin is around 0.007% of the price of Bitcoin. We can consider the market of Litecoin is also around 0.007% of what Bitcoin is.

I know the market needs to be build, but it takes time. There's interesting opportunities for having two legit blockchains. I already have a couple of ideas of projects that could be done using two blockchains. As an alt-currency, in one year, Litecoin has already made a lot of accomplishments when you compare to other alt-currency.

What you said has been said many times of Bitcoin since I've been around. Bitcoin is still here because people found things to do with it. I'm confident it will be the same thing for Litecoin.


Title: Re: Litecoin price is blowing up!
Post by: smoothie on October 15, 2012, 06:45:08 PM
it seams like its too early for ltc to rise, price came falling like a rock today.

what do u think will it ever even have a chance against btc.

cheers


Yep, it's round one of the dump

This whole thread, title included, was just to set up a dump, everyone knows this. LTC is a cycle of pump/dump regularly.  It's a bit like a ponzi come pyramid if you think of the mechanics/who profits. It'll drop a lot more too also for other reasons, esp as some miners jumped on as soon as difficulty went up, basically to maximize the money they can generate before it readjusts again, they'll be selling off as soon as they're mine - they're not in it to "hold the currency".

Img (http://postimage.org/image/7nrn11owx/)

http://www.proofofstake.com/ltc.png


Edit. Also, lol at the volume spike.

LOL I love how your dump theory only applies to litecoin when PPC had a spike in price where someone took a dump too....oh wait...low volume so it dont count....ooooh lol


Title: Re: Litecoin price is blowing up!
Post by: Nolo on October 15, 2012, 07:31:37 PM
What I'm seeing right now is a huge wall up at .00799 on btc-e.com.  Looks like one person has about 52,000 LTC sitting there, and every time the price runs up it drops back down again, simply because it can't break through that wall.


Title: Re: Litecoin price is blowing up!
Post by: AndyRossy on October 21, 2012, 09:52:45 AM
it seams like its too early for ltc to rise, price came falling like a rock today.

what do u think will it ever even have a chance against btc.

cheers


Yep, it's round one of the dump

This whole thread, title included, was just to set up a dump, everyone knows this. LTC is a cycle of pump/dump regularly.  It's a bit like a ponzi come pyramid if you think of the mechanics/who profits. It'll drop a lot more too also for other reasons, esp as some miners jumped on as soon as difficulty went up, basically to maximize the money they can generate before it readjusts again, they'll be selling off as soon as they're mine - they're not in it to "hold the currency".

Img (http://postimage.org/image/7nrn11owx/)

http://www.proofofstake.com/ltc.png


Edit. Also, lol at the volume spike.

When's the next pump/dump cycle starting?



Title: Re: Litecoin price is blowing up!
Post by: El Cabron on October 21, 2012, 09:59:39 AM
When asics, but it will be all pump and no dump :)


Title: Re: Litecoin price is blowing up!
Post by: AndyRossy on October 21, 2012, 10:13:38 AM
When asics, but it will be all pump and no dump :)

Or, people with GPU's will sell them an upgrade to ASIC's, if ASICS happen / anytime soon.

People assume that ASICs->GPU'ers all move to LTC->LTC price goes up. Yet to believe this is the accurate route of how things will pan out, if ASICS are released (afaik first ASIC should be out by now.)


Title: Re: Litecoin price is blowing up!
Post by: smoothie on October 21, 2012, 10:16:56 AM
When asics, but it will be all pump and no dump :)

Right and....

Rainbows, pretty colors, marshmallow clouds, Unicorns, and money growing on trees. World peace and price can only go....

Quote (Bruce Fagner): "up up up"



Title: Re: Litecoin price is blowing up!
Post by: El Cabron on October 21, 2012, 10:43:51 AM
When asics, but it will be all pump and no dump :)

Right and....

Rainbows, pretty colors, marshmallow clouds, Unicorns, and money growing on trees. World peace and price can only go....

Quote (Bruce Fagner): "up up up"



lol, calm down buddy. basic economics:)


Title: Re: Litecoin price is blowing up!
Post by: Come-from-Beyond on October 21, 2012, 11:16:30 AM
When asics, but it will be all pump and no dump :)

I would use "If" instead of "When"...


Title: Re: Litecoin price is blowing up!
Post by: El Cabron on October 21, 2012, 11:27:12 AM
When asics, but it will be all pump and no dump :)

I would use "If" instead of "When"...

Everyone knows ASICs can happen and there are 3 differnt operations working on them. One of the four (if not all 4) will have them sooner or later.


Title: Re: Litecoin price is blowing up!
Post by: Come-from-Beyond on October 21, 2012, 11:43:51 AM
One of the four (if not all 4) will have them sooner or later.

I don't believe they'll manage to make a finished product having only 10 megaUSD. Will see...


Title: Re: Litecoin price is blowing up!
Post by: LiteBit on October 21, 2012, 02:02:28 PM
We're ready for the ride!


Title: Re: Litecoin price is blowing up!
Post by: smoothie on October 21, 2012, 06:35:04 PM
When asics, but it will be all pump and no dump :)

Right and....

Rainbows, pretty colors, marshmallow clouds, Unicorns, and money growing on trees. World peace and price can only go....

Quote (Bruce Fagner): "up up up"



lol, calm down buddy. basic economics:)

Keep telling yourself you aren't jumping up and down like a highschool cheerleader hoping asics come along and the price ONLY goes UP UP UP forever!

And I am calm douchebag I'm pointing out your (once again) flawed sense of economics, business, and investment skills.

LOL!  :D :D :D

NOTE: IF YOU WANT TO LOSE A LOT OF MONEY GUYZ GO AHEAD AND LISTEN TO GOAT'S ADVICE. ROFL!


Title: Re: Litecoin price is blowing up!
Post by: ElectricMucus on October 21, 2012, 08:06:05 PM
When asics, but it will be all pump and no dump :)

I would use "If" instead of "When"...

Everyone knows ASICs can happen and there are 3 differnt operations working on them. One of the four (if not all 4) will have them sooner or later.

Everybody knows Pirate will pay.  ;D


Title: Re: Litecoin price is blowing up!
Post by: smoothie on October 21, 2012, 11:13:33 PM
When asics, but it will be all pump and no dump :)

I would use "If" instead of "When"...

Everyone knows ASICs can happen and there are 3 differnt operations working on them. One of the four (if not all 4) will have them sooner or later.

Everybody knows Pirate will pay.  ;D

 :D ElectricMucus, I'm glad you too see Goat as a CLOWN on this forum. ROFL!


Title: Re: Litecoin price is blowing up!
Post by: nobbynobbynoob on October 21, 2012, 11:31:57 PM
Even I will be building a LTC mining rig from scratch if the price rises to about 2 cents BTC and looks like staying there. This will make a handy, profitable block heater for colder rooms. :)


Title: Re: Litecoin price is blowing up!
Post by: Cranky4u on October 22, 2012, 12:56:34 AM
ASICS for BTC...ppl should be aware bASIC is shipping in late Nov now ---- ahead of schedule. Some BTC?LTC miners on OZCOIN were discussing their pending arrivals just last night


Title: Re: Litecoin price is blowing up!
Post by: powersync on October 22, 2012, 04:18:15 AM
I'm curious to see what happens in 12hr when the difficultly drops 15%.  I bet the price dumps back to .06.

PS


Title: Re: Litecoin price is blowing up!
Post by: AndyRossy on October 22, 2012, 07:21:34 AM
ASICS for BTC...ppl should be aware bASIC is shipping in late Nov now ---- ahead of schedule. Some BTC?LTC miners on OZCOIN were discussing their pending arrivals just last night

I guess we should all start buying from there.


Title: Re: Litecoin price is blowing up!
Post by: malevolent on October 22, 2012, 02:10:52 PM
Is litecoin used for anything else than speculating (worse than btc)?


Title: Re: Litecoin price is blowing up!
Post by: El Cabron on October 22, 2012, 02:26:02 PM
Is litecoin used for anything else than speculating (worse than btc)?

no, and it looks like that wont change anytime soon. every time a lot of money is ready to invest and develop ltc something messes it up.


Title: Re: Litecoin price is blowing up!
Post by: smoothie on October 22, 2012, 02:31:34 PM
Is litecoin used for anything else than speculating (worse than btc)?

no, and it looks like that wont change anytime soon. every time a lot of money is ready to invest and develop ltc something messes it up.

We should blame the scammers right? LOL  :D


Title: Re: Litecoin price is blowing up!
Post by: El Cabron on October 22, 2012, 02:33:19 PM
Is litecoin used for anything else than speculating (worse than btc)?

no, and it looks like that wont change anytime soon. every time a lot of money is ready to invest and develop ltc something messes it up.

We should blame the scammers right? LOL  :D

I do not even follow. I know you are trying to troll, but try harder :/


Title: Re: Litecoin price is blowing up!
Post by: smoothie on October 22, 2012, 02:34:49 PM
Is litecoin used for anything else than speculating (worse than btc)?

no, and it looks like that wont change anytime soon. every time a lot of money is ready to invest and develop ltc something messes it up.

We should blame the scammers right? LOL  :D

I do not even follow. I know you are trying to troll, but try harder :/

Goat, I don't have to TRY. You have done ALL of the work for me to allow me and others to troll your ass for as long as you are an active user on this forum. Oh and https://bitcointalk.org/index.php?topic=119777.0 ROFL!!!!


Title: Re: Litecoin price is blowing up!
Post by: El Cabron on October 22, 2012, 02:40:33 PM
Is litecoin used for anything else than speculating (worse than btc)?

no, and it looks like that wont change anytime soon. every time a lot of money is ready to invest and develop ltc something messes it up.

We should blame the scammers right? LOL  :D

I do not even follow. I know you are trying to troll, but try harder :/

Goat, I don't have to TRY. You have done ALL of the work for me to allow me and others to troll your ass for as long as you are an active user on this forum. Oh and https://bitcointalk.org/index.php?topic=119777.0 ROFL!!!!

okay you are trying harder... but really it is more or less just copy and paste... go read some of matthews posts to get tips. i enjoyed fucking with his mind, you are just, well boring :/


Title: Re: Litecoin price is blowing up!
Post by: smoothie on October 22, 2012, 02:41:59 PM
Is litecoin used for anything else than speculating (worse than btc)?

no, and it looks like that wont change anytime soon. every time a lot of money is ready to invest and develop ltc something messes it up.

We should blame the scammers right? LOL  :D

I do not even follow. I know you are trying to troll, but try harder :/

Goat, I don't have to TRY. You have done ALL of the work for me to allow me and others to troll your ass for as long as you are an active user on this forum. Oh and https://bitcointalk.org/index.php?topic=119777.0 ROFL!!!!

okay you are trying harder... but really it is more or less just copy and paste... go read some of matthews posts to get tips. i enjoyed fucking with his mind, you are just, well boring :/


 ::) ::) ::) Aww yet you still respond to my "boring" posts LOL! I sure believe you on that one! haha


Title: Re: Litecoin price is blowing up!
Post by: Brunic on October 22, 2012, 08:58:34 PM
Hey guys,

Maybe it's me, but when I start a thread, I like it when it stays on topic or the conversation goes into an another subject that enhance the whole discussion.

Personal attacks doesn't enhance anything. If you are going to bitch each other, you are welcome to use the PM or the 1240509422 other topics of this forum. You can even create a Smoothie VS Goat topic if you want.

If you have nothing interesting to add to this topic, please, let it die. But if you want to talk about Litecoin price, I'll be happy to read your posts.  :)


Title: Re: Litecoin price is blowing up!
Post by: ElectricMucus on October 22, 2012, 09:14:19 PM
Well LTC prices are stable @8.4 cents, so there is not much to report  ;)


Title: Re: Litecoin price is blowing up!
Post by: smoothie on October 22, 2012, 10:22:37 PM
Hey guys,

Maybe it's me, but when I start a thread, I like it when it stays on topic or the conversation goes into an another subject that enhance the whole discussion.

Personal attacks doesn't enhance anything. If you are going to bitch each other, you are welcome to use the PM or the 1240509422 other topics of this forum. You can even create a Smoothie VS Goat topic if you want.

If you have nothing interesting to add to this topic, please, let it die. But if you want to talk about Litecoin price, I'll be happy to read your posts.  :)

Aww well boo hoo  ;D


Title: Re: Litecoin price is blowing up!
Post by: El Cabron on October 23, 2012, 03:29:11 AM
Hey guys,

Maybe it's me, but when I start a thread, I like it when it stays on topic or the conversation goes into an another subject that enhance the whole discussion.

Personal attacks doesn't enhance anything. If you are going to bitch each other, you are welcome to use the PM or the 1240509422 other topics of this forum. You can even create a Smoothie VS Goat topic if you want.

If you have nothing interesting to add to this topic, please, let it die. But if you want to talk about Litecoin price, I'll be happy to read your posts.  :)

i will just ignore him from now on. sorrry.


Title: Re: Litecoin price is blowing up!
Post by: smoothie on October 23, 2012, 04:32:31 AM
Hey guys,

Maybe it's me, but when I start a thread, I like it when it stays on topic or the conversation goes into an another subject that enhance the whole discussion.

Personal attacks doesn't enhance anything. If you are going to bitch each other, you are welcome to use the PM or the 1240509422 other topics of this forum. You can even create a Smoothie VS Goat topic if you want.

If you have nothing interesting to add to this topic, please, let it die. But if you want to talk about Litecoin price, I'll be happy to read your posts.  :)

i will just ignore him from now on. sorrry.

Promises Promises  ::) ::) ::) ::) ::) ::) ::) ::) ::) ::) ::) ::) ::)


Title: Re: Litecoin price is blowing up!
Post by: LiteBit on October 26, 2012, 04:39:48 PM
It blew up today! LTC/usd hit nearly .20 gang!


Title: Re: Litecoin price is blowing up!
Post by: Liquid on October 26, 2012, 05:02:37 PM
did it drop to 0.1 ?


Title: Re: Litecoin price is blowing up!
Post by: Come-from-Beyond on October 26, 2012, 05:04:02 PM
did it drop to 0.1 ?

To 1 cent.


Title: Re: Litecoin price is blowing up!
Post by: Liquid on October 26, 2012, 05:06:14 PM
yer did it drop to 1 cent ?


Title: Re: Litecoin price is blowing up!
Post by: Come-from-Beyond on October 26, 2012, 05:43:06 PM
yer did it drop to 1 cent ?

Now it's back to 7 cents.


Title: Re: Litecoin price is blowing up!
Post by: ajareselde on October 26, 2012, 06:00:21 PM
incredible price range for LTC tonight range from Low: 0.007501 USD to High: 0.199977 USD

go figure


Title: Re: Litecoin price is blowing up!
Post by: smoothie on October 26, 2012, 06:35:19 PM
LOL Someone bought up to $0.16 and (if not the same dumbass) someone sold to $0.01?

OMFG! Two retards! Yay!  :P


Title: Re: Litecoin price is blowing up!
Post by: ElectricMucus on October 26, 2012, 06:52:15 PM
Looks familiar?
http://bitcoincharts.com/charts/chart.png?width=940&m=mtgoxUSD&SubmitButton=Draw&r=60&i=&c=1&s=2010-05-01&e=2010-10-17&Prev=&Next=&t=S&b=&a1=&m1=10&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&v=0&cv=0&ps=0&l=0&p=0&


Title: Re: Litecoin price is blowing up!
Post by: BlackBison on October 26, 2012, 07:59:33 PM
^What is that chart? btc Oct 2010?


Title: Re: Litecoin price is blowing up!
Post by: ElectricMucus on October 26, 2012, 08:00:23 PM
^What is that chart? btc Oct 2010?

You guessed it.. ;)


Title: Re: Litecoin price is blowing up!
Post by: LiteBit on October 27, 2012, 09:56:38 AM
someone needs to adjust their bots buying and selling parameters! 
Either that or get back on the anxiety meds before trading between BTC/LTC/USD. ;)


Title: Re: Litecoin price is blowing up!
Post by: ajareselde on October 27, 2012, 11:26:28 AM
its interesting how LTC separated itself from BTC.  While bitcoin dropped to even 8,x$   LTC remained at roughly 0,074 $.
Now when BTC went back up, LTC doesnt follow.

This shows it has got separated trading, it stands by itself.
Bitcoin is master no more :)

cheers


Title: Re: Litecoin price is blowing up!
Post by: nobbynobbynoob on October 27, 2012, 12:55:43 PM
Euronews, 1 April 2013:

THE European Commission today announced a new directive to help combat the exchange rate volatility, believed primarily to be influenced by the financial and debt crises across the eurozone and worldwide. In particular, financial regulators have been concerned by the rapid changes in the exchange price of popular cryptocurrency Litecoin (LTC), and thus, in accordance with the long-standing EU principles of legislating, regulating, taxing and subsidizing anything that dares to live or move, and much besides that, the new directive will peg the Litecoin to Bitcoin exchange rate at 30,7789 LTC = BTC1. All member states will be expected to enforce this directive within two years, forcing all exchanges operating within EU territory to trade at this fixed exchange price. Other pegs, including LTC/euro and BTC/euro may also be in the pipeline. Financial gurus and czars in the EU institutions and many member states believe these new rules will help fix the financial crisis.

;D


Title: Re: Litecoin price is blowing up!
Post by: ajareselde on October 28, 2012, 05:54:36 AM
Euronews, 1 April 2013:

THE European Commission today announced a new directive to help combat the exchange rate volatility, believed primarily to be influenced by the financial and debt crises across the eurozone and worldwide. In particular, financial regulators have been concerned by the rapid changes in the exchange price of popular cryptocurrency Litecoin (LTC), and thus, in accordance with the long-standing EU principles of legislating, regulating, taxing and subsidizing anything that dares to live or move, and much besides that, the new directive will peg the Litecoin to Bitcoin exchange rate at 30,7789 LTC = BTC1. All member states will be expected to enforce this directive within two years, forcing all exchanges operating within EU territory to trade at this fixed exchange price. Other pegs, including LTC/euro and BTC/euro may also be in the pipeline. Financial gurus and czars in the EU institutions and many member states believe these new rules will help fix the financial crisis.

;D

shouldnt you first actualy wait for april 1st?
it turned out pretty funny .. NOT


Title: Re: Litecoin price is blowing up!
Post by: El Cabron on March 10, 2013, 03:55:24 PM
35 cents:)


Title: Re: Litecoin price is blowing up!
Post by: Delicieuxz on March 10, 2013, 04:14:29 PM
I hope some people got nicely rich since a year ago.


Title: Re: Litecoin price is blowing up!
Post by: El Cabron on March 10, 2013, 04:19:54 PM
I hope some people got nicely rich since a year ago.
8)


Title: Re: Litecoin price is blowing up!
Post by: Brunic on March 10, 2013, 08:40:47 PM
I hope some people got nicely rich since a year ago.
8)

Lololol!!11!!!11! You bougth scamcoin!!!1!!1!1! We need to kill alt-coins, they ARE not PURE!

Seriously, I think I have an idea of what you've been doing and I must say: "nice move".  ;)

I've also moved my mining to Litecoin and it's going really really really well  ;D


Title: Re: Litecoin price is blowing up!
Post by: El Cabron on March 11, 2013, 02:04:31 AM
I hope some people got nicely rich since a year ago.
8)

Lololol!!11!!!11! You bougth scamcoin!!!1!!1!1! We need to kill alt-coins, they ARE not PURE!

Seriously, I think I have an idea of what you've been doing and I must say: "nice move".  ;)

I've also moved my mining to Litecoin and it's going really really really well  ;D

I have not mined for a while but I did "speculate heavily"  ;)


Title: Re: Litecoin price is blowing up!
Post by: neotrix on March 11, 2013, 02:47:07 AM
I hope some people got nicely rich since a year ago.

 8)


Title: Re: Litecoin price is blowing up!
Post by: klambo on January 09, 2018, 05:53:40 PM
How about we purchase LTC - > it will go up - > we will be tycoons.