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2001  Alternate cryptocurrencies / Altcoin Discussion / Re: Last year I had 3K litecoins and sold them for $5.. now they are worth $90,000!? on: December 05, 2013, 06:13:14 AM
Last year I had 60k LTC  Tongue

But the joke's on me, I sold them at ~$0.15

(waits for someone to come one up me.)  Cheesy
2002  Bitcoin / Hardware / Re: [VMC] Official Virtual Mining Corporation Discussion on: December 05, 2013, 05:26:30 AM
They have always had a projected November-December shipping date from day one. Let's not give them too hard of a time until they do not fulfill their obligations. December just started, give them a little more time before bringing out the torches. Also if you just ordered it is silly to expect your order in December, as they have been taking orders for a while.

I imagine if December comes and goes, they will give us an update as to why and a projected shipping date then. At least they don't do like BFL and say they're shipping in 2-3 weeks 15 times in a row and end up taking a year (yet). They haven't even "Avaloned" us yet by saying they'll ship in 2 months and ship 5 months later. Take a chill pill. Smiley
2003  Alternate cryptocurrencies / Altcoin Discussion / Re: Buying Litecoins with Bitcoin on: December 05, 2013, 04:00:23 AM
This is how I would do it:

1. Buy Bitcoins at https://coinbase.com/ (takes 4-5 business days and goes by the market rate of when the check clears.. uses echeck)
2. Send Bitcoins to your https://btc-e.com/ account
3. Trade for Litecoins
4. Send to cold storage (https://liteaddress.org/ or a physical litecoin Wink https://www.cryptovest.com)

Don't store coins on the exchange. If you don't want to use cold sotrage, store them on your computer and make sure your wallet is backed up and encrypted & your anti virus updated.
2004  Alternate cryptocurrencies / Altcoin Discussion / Re: Come on Cryptsy on: December 05, 2013, 03:15:35 AM
I'm sure they are working on it, making a million threads about the same subject doesn't help anything.
2005  Alternate cryptocurrencies / Altcoin Discussion / Re: Which card is best bang for the buck to mine scrypt based coins? on: December 04, 2013, 09:48:38 PM
Buy used GPUs and you'll make your $$ back in half the time. Once a used GPU pays for itself, sell it and buy a new one.. run them too long and they will die/start having problems making the resell value worthless. My favorites in no particular order are 5970s, 6950s, 5850s, 7950s, and 7970s.
2006  Alternate cryptocurrencies / Altcoin Discussion / Re: List of all alt coin exchanges. on: December 04, 2013, 09:44:55 PM
Um.. btc-e.com ??  Grin
2007  Alternate cryptocurrencies / Altcoin Discussion / Re: Mining alt coin on CPU on: December 04, 2013, 09:30:55 PM
Hello everyone,

I'm quite new to Mining and I would like to know what alt coin should I mine on a CPU ?
I have an i7 3930K
I'm looking for non sha/scrypt based coins because they're only good for GPU miners
So far the only good coins I've found are Quark and Protoshares which give me about $6-8 a day.
XPM is aimed for CPU but i'm getting really low rewards at 18k primepersec

Any ideas ?

Thanks in advance ! Wink

If you are making 6-8$ /day from cpu mining with a single cpu then i don't think that you can get any better than that...
I mean if you could people whould have to start buying cpus instead of gpus...

Not necessarily, the cheapest you can find an i7 3930K is about $600, and supposedly according to the OP makes $6-$8 a day.

A used $100 6950 can get ~650 Kh, bringing in about $15-$54 a day according to coinwarz.
2008  Alternate cryptocurrencies / Altcoin Discussion / Re: If I mine 8 different coins with my cpu on: December 04, 2013, 08:30:27 PM
You will have lower overall hashrate per coin, if I'm not mistaken. I remember running 2 different miners and getting about half what I normally get

This, if it even works at all. 1/8th the hash rate is likely.. that's if you can do it without killing your CPU/because of software limitations.
2009  Bitcoin / Development & Technical Discussion / Re: Bitcoin OMG! 0.8.5 with Coin Control, Disable Wallet, Performance++ on: December 04, 2013, 07:04:18 AM
Good work Warren. I've been impressed with your work for Litecoin, I didn't know you were doing things for Bitcoin too! I've been pretty busy, but I will try to help you test things out more often in the future (I despise Apple though, so I can't help you there.) You are the best thing to ever happen to Litecoin, seriously. I hope that the Bitcoiners appreciate your work here too.

Thanks!
2010  Alternate cryptocurrencies / Altcoin Discussion / Re: Did you miss the Bitcoin Boat? | Climb aboard the GoldTrain™! on: December 04, 2013, 04:25:11 AM
Your videos are entertaining, I will give you that. Smiley
2011  Alternate cryptocurrencies / Altcoin Discussion / Re: Did you miss the Bitcoin Boat? | Climb aboard the GoldTrain™! on: December 04, 2013, 04:00:25 AM
No one has missed the Bitcoin boat, buying now at $1000 will make you an early adopter in the years to come. Hardly anyone knows about Bitcoin yet.
2012  Alternate cryptocurrencies / Altcoin Discussion / Re: 1 LTC reward : need help with 7990 on: December 03, 2013, 10:06:03 PM
Boot Windows in "safe mode" and reinstall the GPU drivers.
2013  Economy / Collectibles / Re: CryptoVest Physical Litecoins (Metal Alloy)- Accepting orders on: December 03, 2013, 04:11:19 AM
Some answers to questions via email:

- If you get an error while opening the coin insert program, make sure the Microsoft.NET framework is installed & updated (try to repair it if it is already up to date.) You may download it here: http://www.microsoft.com/en-us/download/details.aspx?id=17718

- Disregard the wax paper in the early promotional shipments. At first I was using this to transfer the holograms, but I found it much easier just to use the paper the hologram is already stuck to. This way has a much higher success rate too! I should of thought of that sooner, I am actually embarrassed I didn't. Follow these innstructions closely for the application of the hologram:

1. Take the two holograms in the kit and fold them where both holograms are on the outside. Place your thumbs on the front hologram and your pointer fingers on the back hologram. Slowly push down the back hologram with your pointer fingers until you peel half of the hologram off of the paper.

2. Line up the hologram so it is right side up and carefully put one edge of the hologram down on the coin. After putting one edge of the hologram down on the coin, peel off the rest of the paper from the hologram and let it fall into place. Run your finger around the hologram lightly to make sure it is attached. Use caution not to press too firmly on the hologram where the coin insert is, as it can warp the hologram and make it look bad. It is best to only apply pressure around the raised ring on the back of the coin.

- If you need any further assembly clarification let me know. I am going to try and make a video this week illustrating the process. I understand how the assembly instructions could be confusing. Once you do one though, it's really easy to do. That's why I provide two holograms. Smiley
2014  Alternate cryptocurrencies / Altcoin Discussion / Re: MCXNow Shutting down (Temporary) on: December 03, 2013, 03:08:53 AM
"To receive support for any user fault will require $50 to $100 equiv in fees that will be given back to the exchange in payouts like any other fee. This is to encourage people to be more careful with their login details. Furthermore, failure to be logged into an account for 2 months will see that account destroyed and all funds returned to mcxNOW as fees. This is a big change and will require you to agree to new terms and conditions to continue using the site. These changes are designed to make people more self reliant and less bothersome to mcxNOW. If you do not like these new rules it is advised you stop using mcxNOW."

Wtf is this... I've never used mcxNOW, but I certainly won't use it now that they're adding this stuff.

This is literally the worst exchange ever if they actually implement those things. It was already sketchy just because RealSolid was running it, this is just icing on the cake.
2015  Bitcoin / Hardware / Re: [ANN] US/North American Bitfury sales now open ***full prototype pics*** on: December 03, 2013, 02:57:50 AM
I already have two rows of electrical tape across the top of the cards. Maybe I should redo my tape job.. gonna do that now in fact, will report back!

EDIT: It seems this temporarily fixed 3/4 of the boards that were not working. I have tried this before and I have a feeling that like last time, the boards will soon drop to 0Gh. I guess I need to figure out something else to keep the boards in place.

PS: PSU is not a problem, I am running both full rigs on their own separate ASUS Gold AX1200s
2016  Alternate cryptocurrencies / Altcoin Discussion / Re: [2013-11-21] Alpha Technologies Announces ASIC Miners for Litecoin are Coming on: December 03, 2013, 02:16:21 AM
I am still trying to figure out if these guys are a scam or not. I think there are at least 2 legit Scrypt FGPA companies, but I haven't found a legit Scrypt ASIC company. I'm reserving my judgement on these guys until they provide more proof.
2017  Economy / Collectibles / Re: CryptoVest Physical Litecoins (Metal Alloy)- Accepting orders on: December 03, 2013, 01:28:02 AM
We have sold over 250 Physical Litecoins to over 15 countries during our first week in business. I’m so glad people are interested in the coins, your support will help us continue this project and release more coins in the future. If you haven't done so, please check out our website to place an order: https://www.cryptovest.com. All orders that were made before today have been shipped. Thanks for all your support, we hope you all like your coins!

Updates:

Re: Using 1/2 inch hole punches to assemble a bunch of coins:
I tried out two half inch hole punches to quickly cut out private key inserts, but I was disappointed with both. They are easy to use and both have a window for precise cutting, however they cut too large of a circle and cut pretty far outside the lines. This causes a bulge when the coin is assembled. If you don't care about that, then these hole punches are recommended (let me know and I'll sell you one for cheap.) I will not use them on our assembled coins though, because of the said bulge in the hologram it creates. The models I tested were Ek Tools "Mini Punch" and Paper Shapers (a... ummm... ek tools company) "Decorative Punch". Both were labeled as 1/2 inch punches.

How many Zinodaur Physical Litecoins will be made?
There will only ever be 3000 unloaded coins with this design and 1000 loaded coins (with added security features- not yet for sale.) Once all 3000 unloaded coins and the 1000 loaded coins sell out, there will be no more coins minted with this design. There will only ever be 5000 original Zinodaur holograms made, once all 5000 have been sold, the replacement hologram will have a slightly different design, likely with the year they are made on them so they are easily distinguishable from the originals. By only releasing the original coins and holograms in limited quantities, we hope to increase the collectors value of the coins & holograms (although we cannot promise this.) Over time as coins get redeemed, the original holograms will become more and more rare. Also, coins in pristine condition will become more and more rare over time, be careful when handling your coins because dropping them from about the waist high can damage the coins (hardly noticeable, but you can see it upon close examination.)

General security procedure upgrade:
All holograms, printed private key inserts (sometimes more are printed than needed), and the laptop used to generate and print private keys are stored securely in a safe at all times. The only record of the private keys and addresses used for our assembled coins are either hidden under the hologram, or shipped to the customer. Absolutely no record of addresses and private keys are kept by us, and assembly is personally overseen by me and done by trusted family members. IF the safe is stolen, all coins that have been assembled and/or shipped are not compromised.

Security procedures for assembled/loaded coins:
1. A brand new laptop was purchased for generating & printing private key inserts. The Windows setup was completed without file sharing enabled.<br>
2. I connected to my personal password encrypted Wifi to do the following things:
2a. Update the Anti Virus (McAfee) and perform a full system scan.
2b. Saved local copies of bitaddress.org & liteaddress.org
2c. Downloaded the CryptoVest Coin Insert Generator from our web server & also the Casascius Bitcoin Utility program from Casascius' server.
2d. Microsoft Office was installed in case it is needed for later projects.
2e. Installed the printer drivers.
2f. A full scan with McAfee was ran to ensure the PC was clean after downloading the needed files.
4. No extra web browsing was done, I simply downloaded the needed files and updated the needed programs.. nothing else. The reason for connecting to the internet at all: I felt this was safer than downloading everything on my normal PC (used for web browsing, etc.) and saving it on a flash drive or disk. Although I am pretty certain my normal PC is not infected (I have held 100-800 BTC on here in the past several months and I think this would have disappeared then), I thought it safer to use a fresh install, only download the things I needed, and never connect to the internet again.
5. I disabled the Wifi network adapter. This will stay disabled for the remainder of the laptop's life, and this computer will never connect to the internet again.
6. The laptop along with all holograms and printed private key inserts are stored in a safe. If this safe is ever stolen, all coins that have been sold & shipped are not compromised, as no record of the addresses or private keys are being kept after coins are assembled.
7. I personally oversee the assembly of all coins and only use trusted immediate family members to help me assemble them. No records of private keys or addresses are kept by us.

Price change for unassembled coins:
After assembling hundreds of coins, we've come to the realization that it takes just as long to put together the package for unassembled coins as it does to actually assemble them. Therefore, we needed to adjust the price of the unassembled coins accordingly. I apologize about this, I am kind of learning as I go here and  did not realize how long it takes to assemble the coins/packages. Both assembled and unassembled coins will now sell for 2.99, so if you ordered in the first week you got a good deal (we hardly broke even on those coins.) For the success of the business, to bring different designs to the community, and to make more coins & replacement holograms in the future, this price adjustment was necessary.

Bulk Packaging:
Bulk packaging has been implemented on all orders of 20 coins or more, because it is easier to assemble many coins this way and also easier for us to prepare the packages. A 10% discount is applied automatically when adding 20 coins or more to the shopping cart. If the coins are for gifts, please specify that you would like individual packaging (or even bulk packaging on smaller orders) and we will accommodate you. All orders under 20 coins are automatically sent in individual packaging.

What's next?
We are planning on making a better quality replacement hologram for the Zinodaur coin, a physical Bitcoin (design yet to be decided), and minting LikeHero's Physical Litecoin design (+hologram). I am looking into increasing the quality of both the coins and the holograms the next time around, yet still keeping the low prices. There is no ETA on those, so please don't expect them anytime soon... I am pretty much a one man operation (when it comes to choosing designs/manufacturing/security/web site/customer service/etc.. I only have help for assembly/shipping). I also have a day job along with a couple other crypto related projects that keep me busy. I love doing things for the community because I love the original libertarian principals of cryptocoins and I want to help further their adoption. I am not doing this because I have a huge stash of coins. I do not plan on stopping anytime soon, so expect more affordable novelty cryptocoin products from us in the future. Smiley

Thanks again to everyone that has ordered for your support! I hope to offer more products and services in the future,

Ch
2018  Economy / Collectibles / Re: CryptoVest Physical Litecoins (Metal Alloy)- Accepting orders on: November 29, 2013, 10:47:52 PM
Some clarification:

The coins are made with a Zinc Alloy material. Be careful not to drop them from a high level, as they will show small defects depending on how they land... like from the waist to the floor. Even then the defects are only noticeable when examining the coin up close. I recommend keeping them in the bag provided and handling them with care.

Some assembly clarification/tips & also how to redeem the coins: You cut out the small circle on the paper inside the lines, but leaving all the characters of the private key and face the private key towards the coin. The address next to each coin insert is the address used to load the coin, and the QR code is the same address associated to the coin... it makes it easier when loading them (you can scan the addresses with your phone and email them to yourself etc..)

I recommend a 1/2 inch scrapbooking punch if you're cutting a lot of coin inserts. Scissors can get tedious. I ordered two different kinds of half inch punches and am testing out to see which one is the best. I will update everyone on those test results. Right now I am cutting them out with scissors, but I imagine the hole punches will be easier. Such as this: http://www.etsy.com/listing/60417118/paper-shapers-12-inch-circle-paper-punch?utm_source=google&utm_medium=product_listing_promoted&utm_campaign=supplies_low&gclid=CMvijLqEi7sCFaTm7AodensA8Q


As far as redeeming the coins,

1. Use Liteaddress.org to convert the mini key to a normal Litecoin private key. Click on the wallet details tab and type in the private key as it's shown on the coin insert. Copy the 51 character base58 private key.

2. Download the Litecoin client from Litecoin.org and download/sync the block chain. Go to the Help Tab, select the Debug menu option. Click on the console tab to enter commands into console. Use a combination of the following (depending on if your wallet is encrypted or unecrypted):
walletpassphrase <passphrase> <timeout>
importprivkey <litecoinprivkey> [label]

3. Wait for the block chain to sync. This can take a long time and it will seem like the client froze. Just be patient and wait for it.. go do something else as sometimes it takes upwards of 15-20 minutes. Once it's done, the value will show up in your wallet and you may spend it however you like.

Hope this helps,

Ch
2019  Alternate cryptocurrencies / Altcoin Discussion / Re: Why the loss of confidence in litecoin? on: November 29, 2013, 06:02:59 PM
I'll be back later to refute some of the other (false) points he made in the blog. Maybe he should think about what he writes before acting like what he is writing are facts. This blog post is almost entirely FUD.

Why bother? Let them bark Smiley

Well.. I don't like FUD. Also, a lot of times I learn something new when debating about cryptocoins when looking up facts for my arguments. I even sometimes prove myself wrong or the other person does, and have a change of heart on some issues every now and then.
2020  Alternate cryptocurrencies / Altcoin Discussion / Re: litecoin dead ? on: November 29, 2013, 05:55:49 PM
I think LTC is over evaluated right now, you made your money purely off speculative trends. Advise you to sell because its going to crash as soon as people realize they can buy 0.0003 of a BTC and the reason people are using LTC is cause they like selling full crypto coins, eventually people will give up that hangup, and if LTC gets to a point where it can't be traded in full coins people will have started using LTC for literally no reason.

"you made your money purely off of speculative trends."

hmm, this sounds familiar to another cryptocoin I know... what's the name. Hrm.. Bitcoin?
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