Not worth it today you mean. If litecoin was $100 per coin, you might feel different. Plan for the long run future, not selling cryptocoins short. Still not worth it. If I was going to pay $9/month in electricity to mine $2.44 worth of LTC, then I just lost $6.56 for no good reason. Instead, it would be much smarter to put that $9 into the coins themselves. Then, at the end of the month, I have $9 worth of LTC, instead of $2.44 worth of LTC. Mining at a loss makes no sense. Buy instead of mine at that point. Yes you have the right idea. Some mine for the novelty of mining despite the loss. Early bitcoin miners mined at a loss too. It was for the novelty and look at them now with their stashes of BTC ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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P.S. Private security will be present so no fishy business. Bringing your dog Parrot? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Pirates have Parrots NOT dogs lol
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Interested... just don't have 7500 LTC.
We'll see where this goes in a week... Plan on moving some 5830 miners over from BTC to LTC mining.
Serious bid?
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+1 sounds very similar. Perhaps you could just join the dev team there.
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1 Oz silver is worth 27.4750 USD at current market rates. That's 4.114 BTC. That's 2463 LTC at the currently overinflated LTC price.
That's slv price. Go look up silver eagle prices You are right that they cost more, but not much more: http://www.straightsilver.com/store/ - 32.34 USD 4.843 BTC 2899.86 LTC If you are including delivery within the US in that price it's not far off. Keep in mind that when those offers we're made the price of LTC was about 0.0012btc. Price has moved a bit since. FYI My bid stands regardless because I dont back out of deals without good reason. Ive always wanted a cascascius coin too ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Sounds good mate. Still waiting on other bidders, if any.
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Original Thread: https://bitcointalk.org/index.php?topic=91263.msg1004691#msg1004691Conditions: 1. Shipping cost will be dependent upon if you live in or outside of the US. Please bid with shipping costs included in your offers. I am located in the US FYI. 2. 1 week auction3. Bidding in 500 LTC increments 4. Willing to use reputable escrow for exchange. 5. Starting Bid will be 7,500 LTCNotes I bought this in May of 2011 and ran it for about 5 months with breaks in between. Has run stable the entire time. No over clocks and fans were run at 100%. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fimg705.imageshack.us%2Fimg705%2F9199%2F6990c.jpg&t=663&c=tJGdXwlKC2sS2Q)
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Which pool carried out that attack?
See this post and related thread. It's a contentious issue so rather than concentrating on the who, concentrate on the fact that it happened. Any large pool or miner can do it, so any new merge-mineable coin would need to be able to handle it. We may as well merge-mine beer coins so at least people can get drunk if they lose all their money ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Smoothie's epic sale of a 6990 for 25,000 LTCOriginal Thread: https://bitcointalk.org/index.php?topic=91263.msg1004691#msg1004691Conditions: 1. Shipping cost will be dependent upon if you live in or outside of the US. Please bid with shipping costs included in your offers. I am located in the US FYI. 2. 1 week auction3. Bidding in 500 LTC increments 4. Willing to use reputable escrow for exchange. 5. Starting Bid will be 7,500 LTCNotes I bought this in May of 2011 and ran it for about 5 months with breaks in between. Has run stable the entire time. No over clocks and fans were run at 100%. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fanonymouse.org%2Fcgi-bin%2Fanon-www.cgi%2Fhttp%3A%2F%2Fimg705.imageshack.us%2Fimg705%2F9199%2F6990c.jpg&t=663&c=MuEmHtEHTYHw1Q)
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Interest rate will probably be 4.5% a week. The risk is if pirate defaults, you will lose your bitcoins. Of course there's also risk of me running away with your coins. But I hope people trust me enough not to do that.
Why wouldn't someone just invest in a PPT that pays >6.5%/week, then turn the BTC dividends into LTC? What might be useful is if you accepted deposits in LTC. And paid out in LTC as well... I would love to accept deposit in LTC. Problem with that is if LTC appreciates in value with respect to BTC, and then if you wanted to withdraw in LTC, I would have to take a loss to buyback those LTC. I guess that's the risk you take making a service like this. That's how the game is played. You will need to give your users options like this otherwise it only benefits you.
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Interest rate will probably be 4.5% a week. The risk is if pirate defaults, you will lose your bitcoins. Of course there's also risk of me running away with your coins. But I hope people trust me enough not to do that.
Why wouldn't someone just invest in a PPT that pays >6.5%/week, then turn the BTC dividends into LTC? What might be useful is if you accepted deposits in LTC. And paid out in LTC as well...
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Coblee are you paying 4.5% in litecoins?
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I'm thinking of starting a pirate pass through program where you would deposit bitcoins with me. I will then deposit those bitcoins into pirateat40's BTCST program. And every week, I will pay interest in LTC. I think this is a good way for someone to accumulate litecoins and it will help increase Litecoin prices.
Interest rate will probably be 4.5% a week. The risk is if pirate defaults, you will lose your bitcoins. Of course there's also risk of me running away with your coins. But I hope people trust me enough not to do that.
Any interest?
What are the chances of losing my coins? 800k % If you have nothing to say, why post crap? chill bro...laugh =) ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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I'm thinking of starting a pirate pass through program where you would deposit bitcoins with me. I will then deposit those bitcoins into pirateat40's BTCST program. And every week, I will pay interest in LTC. I think this is a good way for someone to accumulate litecoins and it will help increase Litecoin prices.
Interest rate will probably be 4.5% a week. The risk is if pirate defaults, you will lose your bitcoins. Of course there's also risk of me running away with your coins. But I hope people trust me enough not to do that.
Any interest?
What are the chances of losing my coins? 800k %
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Question: Would FPGAs work for mining Litecoin? Next Question: Would FPGAs work well for mining Litecoin? statement: I'm going to read up more on Scrypt and FPGAs and see if it is viable or just a pipe dream. Any intelligent comments (people who know what they are talking about) are welcome to comment below. Thanks! ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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This thread still exists?
Unfortunately yes. Sad the mods haven't looked at this thread as garbage and removed it tro This subforum.
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Can we buy Bitcoins?
Yup that's probably the first thing you could do with it. Exchange exists already
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OK so will there ever be a new version of Litecoin wallet and daemon? The current versions are like half a year old...
You could do a git pull request and make the updates needed. Just saying... ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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