Selling 50WDC, asking 1.4 LTC

Lol, its obvious most of these "WTB xxxcoin" is just a show that early adopters put on in order to make it seem like the coin has any value. It's the essence of a pyramid scheme.

"I'll pay 100 USD for 1 poopcoin! Go mine poopcoins, they are the most valued coin!!"

BTC and LTC are already being killed by altcoins. This idea would make them more worth actually as they would be favored higher then the altcoins in the Unicoin crafting process.

With the altclones going out of hand, I came up with this idea

UniCoin
Unicoin is created by combining a certain amount of coins. Maybe based on their total finite amount or market value at the time.
So it could be 1 BTC, 4 Litecoins, 10 BBCoins, you get the idea. To create 1 UniCoin.
In this process, the normal coins are destroyed and you are left with a coin hash which is calculated from a combination of these coins. This will slowly kill off the "normal" coins.

To counter new altcoins, they will successively be integrated into Unicoin. So over time, you start adding Feathercoin, Chinacoin, whatevercoin etc.
So there would be an incentive for early adopters, as it would require more and more coins to craft a UniCoin.
If you want to "mine" an UniCoin, you simply need to first mine 1BTC, 4 LTC, etc etc. So it is technically mineable, but by mining each separate currency.

The idea is by using this method, you will leverage all the altcoins into one single coin, making it pointless to invent useless clones, while also utilizing a bit of every coins improvements.

Someone make it happen

lol "let the coin mature before hitting exchanges"

= "let me mine for a while before hitting exchanges so I can sell it all then move on to the next altcoin"

But for the price of 4 7970's you can get 6 7950's. So your point is not valid.
7950 is more hash per dollar. And also wattage.

This should be a place to discuss altcoins. Right now it is flooding with spam about WTS, WTB, giveaways, etc.

Besides, all this trading is just from people who wants to prove their altcoins is worth something, so more people will buy into the pyramid scheme.
It is the process of creating artificial demand. Nothing else.

Why are these topics allowed here?

They should be moved to this forum:
https://bitcointalk.org/index.php?board=53.0

op discovered arbitrage, congratz. it's basically what 99% of traders are doing already
the fact that op has >1k posts is hilarious
the fact that he wants tips for this "new secret strategy", even more so  

sorry, you did not do your homework.

LTC was $4-$6 for weeks before the dip to $1.5

you can basically forget CPU mining lol

Maybe i'm daft, I think I set it up correctly and I'm getting



How does the coins transfer to my wallet? When I open up FeathercoinQT I'm still at balance 0  

If you get Mhs, then you are not mining litecoin 

Is the vardiff disabled now?

I get alot better rates now, 1100Khs instead of 800Khs.
More in line with what I get on other pools.

You should also be aware he didnt even notify of this theft.

It was brought up here first. No news on the pool website.

I like this pool, you seem to offer the best website yet. Great overview, graphs, stats, etc.
Obviously some effort has gone into this.
Having tried every LTC pool out there, this is definately the best.

It seems the admin nicksasa has pulled this scam off before:



Either that or he has neglected to fix the bug...

Step 1: Tamper with the pool so some ppl get extra for 12-24h
Step 2: Steal peoples coins claiming it was the bug showing incorrect amount
Step 3: Set 0-1% fee for a while so ppl come back

It seems admin has locked all withdraws, I cant either

also:
https://bitcointalk.org/index.php?topic=172667.0


edit: I was able to withdraw after lowering the Automatic Payment amount, then upating address, then click Withdraw

You say the fee is lowered to 1% due to the problems:

"Sorry for all the problems this week. Fee set to 1% untill 8/4/2013 01:00 UTC."



8/4/2013, that was 3 days ago? So is this claim even valid?

They did, Apple removed it, so they removed the wallet features in order to make it to App Store.

They raised the price because they know they will have troubles delivering and don't want a big queue.  It's freaking common business sense.
Anyone who don't realise this and orders anyway is a real idiot who deserves losing his money.