ITT: People pretend to be BTC Ballers and act like 63 BTC is chump change.
lol.
OP is claiming to be a part of the elite with his measly 63 BTC. That's funny. I wasn't hinting at all about how many I own. I think anyone that has been holding coins for 2+ years will find this chump change though. I've been holding since oct 2012, I bought in at 14- all the way up too 100! Your portfolio has probably dropped more than $75,000 just today and I bet you'll sleep like a baby. I have no idea why idiots like the OP even get into crypto currencies. |
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ITT: People pretend to be BTC Ballers and act like 63 BTC is chump change.
lol.
OP is claiming to be a part of the elite with his measly 63 BTC. That's funny. I wasn't hinting at all about how many I own. I think anyone that has been holding coins for 2+ years will find this chump change though. Your BTC will hit $1.2k so please shut up.
No, it will never ever ever go up again. Only down!  To be honest, Cryptsy has probably done him a huge favor and he's too shortsighted to realize it. |
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It's fair to assume that 90% of them are small traders averaging less than 1 BTC at any given time. Then there is the rest with more and the top 3%-4% with significant amounts trading at any given time. As a trader you can't make very much money with small trades and I was one of the people with significant amounts at any given time. The bottom 90% alone were probably worth 1500 to 2000 BTC and the top 10% worth several times that. BitJohn has also indicated that about 100 BTC/ month was your revenue stream from fees. It's easy to see there is a magnitude of order more on deposit than brought in by fees.
Lmao. It's only 63 BTC you idiot. I'm sure you wouldn't be complaining if BTC was climbing to 2k at the moment when you might have sold them at their low. Sounds like you should not be anywhere near crypto currencies at the moment. You might want to wait until the only way to buy goods is by using Bitcoins before considering owning any. You're not built for it. |
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Just having the threat of possibly changing Litecoins algorithm could be enough to keep ASIC's at bay (or keep them secret).
No one will invest in developing an ASIC for Litecoin if there is the chance that the ASIC will then become worthless.
I used to be against ASIC's being made for Bitcoin while I was mining Bitcoin with my GPU's. The supply could not meet the demand initially and it felt unfair. With all the huge delivery delays and scams, I was not prepared to risk investing in ASIC's. Also, for a about a month, Bitcoin became extremely vulnerable to a 51% attack. Anyone with just a few ASIC's could have overpowered the network.
Now however, Bitcoin ASIC's are readily available, the network is becoming very secure once again, and the massive investment in technology has only added to the credibility if Bitcoin.
If Litecoin can follow the same path, I think it will only be good for it.
I haven't actually read anywhere that someone has come close to having a working ASIC for Litecoin though, which is surprising. Bitcoin was at $15 with 25 btc per block when jgarzik received his first 48gh Avalon.
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Some quick stats about the number of users on bitcointalk.org which could be an indication of the total growth of the community.
Jan 1, 2010 - 10 (site just launched)
Jan 1, 2011 - 1,600
Jan 1, 2012 - 46,000
Jan 1, 2013 - 70,800
Dec 13, 2013 - 186,000
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I'm not calling anyone a scammer. I'm saying not to put yourself in a position to be scammed. m@x could be the most honest person in earth.
Just don't do it.
EDIT: I guess I kind of did call him a scammer when I said "you WILL be scammed". I just can't emphasize enough how stupid you have to be to sell crypto currencies using PayPal.
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Never ever sell crypto currencies by PayPal!! This has been stated over and over again. You WILL be scammed regardless of whether you're using escrow or not.
Never!
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Far more than $150 would be my guess. I would say $500 wouldn't be out of reach. I believe we've only just hit a critical mass in terms of the number of users and we will see exponential growth for at least a couple years to come.
Think Facebook after it reached 400,000 users...
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Not sure what happened to this thread, but technical analysis of the majors such as BTC/USD and LTC/USD is becoming increasingly useful in determining trading strategy. I hope that OP returns as I found his analysis quite interesting. It looks like LTC/USD has just broken down out of the short term converging triangle and is now looking to find support lower. I see minor support at the $22-23 range and strong support at the bottom of the descending channel. If that is hit in the next couple days, we could see close to $10. Should probably consider the trend line from the 17th - 25th of November which could strengthen the support at the $22-23 range as we could recover from there. Short term trend is down. Long term trend UP!  EDIT: Not sure if its the great China firewall here or just the forum that no longer allows me to see images in posts, so here is a link to the chart. http://i39.tinypic.com/2ahy80m.jpg |
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Nice setup! Why would you sell this instead of continuing to make $1000 per day? I can imagine it could take a lot of time managing something of this size though. I have been running a much smaller setup of only 30 GPU's for the past 18 months and still run into "goblins" in my systems regularly. Thankfully it's winter now though and one less factor to worry about.  EDIT: I see you're "balancing a heavy workload", so I guess it might make sense to sell it. Hope your other workload pays as much! |
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Nice job. Very clever! |
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7DNHi1SGGR1TL96dWFR8iYuuZzMFo3hXaL
Thanks!
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F96qB1pz7yZi2dCCZFkMmx43eixFVvP83c
Thanks!
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BvByVoBN9vTGdxe34HK6n6iGWtmtP9vcPh
Thanks!
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Why would you post that here? No one will pay you more than what they're trading for on any exchange, and your volume is way too low to justify an off-exchange trade.
I guess you missed the opportunity to sell during the pump and now that it's tanking you want to see if someone will still pay you more for them than they're worth?
LMAO you seem like a very judgmental fellow. Firstly you do not understand my situation, secondly you dont know me so stop making retarded presumptions. I am not asking for more than the trade value on any exchanges, it would simply be easier for me to shift them all at once to one buyer. I am currently waiting for the SXC wallet to sync, so my coins are not in my possession atm (unconfirmed). I am simply putting the offer out there. Gauging interest and whatnot. If you are not interested in buying that is up to you but please do not come on here and presume so much about me. **waiting for client to sync** "OMG, sexcoin price crashing and my client hasn't synced. I'll head over to bitcointalk and see if I can unload these to some sucker before they're worth nothing!" |
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Looking at the 4h chart for LTC/USD, it looks like a downward channel formed. If it hits the bottom of the channel, we could see a sub $10 LTC in the next 48 hours. Sorry, can't draw on the chart in MT4 for iPad, but it's pretty clear anyways. If it breaks upwards out of the channel, we will probably see some nice new highs, but in the short term, it looks like a good opportunity to sell and rebuy lower. The volatility could take it anywhere at the moment, but its a pretty nice chart looking at just technicals. What do you think?  |
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What's mt? Mt. Gox?
If so, no one cares.
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Why would you post that here? No one will pay you more than what they're trading for on any exchange, and your volume is way too low to justify an off-exchange trade.
I guess you missed the opportunity to sell during the pump and now that it's tanking you want to see if someone will still pay you more for them than they're worth?
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bKaXwuTgeUcc1WgSfmeNdwj1nJcohd37E4
Thanks
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