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Warning to you guys, this site has sloppy security protocols. I could steal funds from this site right now if I wanted to because it has holes in it's security (I am not referring to the lack of https, although that is something else which is not good enough imo).
In case you guys think I am bashing/troll, cryptsy is fine when I checked it for these vulnerabilities at launch.
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Litecoin up more than 50% since the gox announcement 24 hours ago.  |
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Even the price of BTC is highly speculative.  One way to look at it is from a very simple perspective (I like to be simple). Litecoin is in high demand and there is a ton of hype around it. It makes sense to buy a bunch and ride the wave upwards. Kind of like how the media went crazy about BTC when it broke $32 and the bitcoin hype train started. |
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Uh.... you may want to close the thread.
You don't have any ZTC to give away!
ZenithCoin v1 still going strong Client is connecting again No 50% premine, like ZenithCoin v3 I support v1 and I am opposed to Solracx's v3 which has the 50% mining tax on it. |
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When mtgox takes litecoin and a payment processor comes out that allows businesses that accept bitcoins to easily accept litecoin, it seems a foregone conclusion litecoin will go to $20 in the next 3-6 months.
Yes I am biased as I have a huge amount of them but that is why I haven't sold them. It takes very strong hands to hold a coin from 3 cents all the way up to 5 dollars and back down to 2 dollars, when you hold a shit ton of them. But I've done that because I am 95% sure I will be kicking myself for the rest of my life if I panic cash out.
The Winklevoss twins who own 1% of bitcoins bought them when Bitcoins were in the high single digits (ie 9 dollars). When they see litecoin come on the scene and surge to $10, what do you think they and other investors are going to do? I doubt they will panic but they will be smart and some of them will want to hedge their bets and reduce their risk.
It's going to be very interesting watching how the market reacts. It's not impossible that Bitcoin could tank downwards gradually in the next 6 months whilst Litecoin rises.
Dream big gentlemen. We're unlikely to get another opportunity like this.
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Direct link here: facebook.com/MtGox/posts/484532824964463
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"6) As risky as it is to invoke the name of Litecoin (LTC???), we must apologize for not keeping everyone up to date. The fact is that the current situation means a continued delay, but for good reasons. We’re looking at July right now, though that depends on a few things. Mainly, we want to do things correctly from the beginning." Full statement of mtgox activity here: https://www.facebook.com/MtGox |
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WDC has that crowdfunding/kickstarter type project being developed. 50,000 WDC have been successfully raised to start it. There's also a mining patch in the works to reduce the stales.
Remember, there is also a lot more WDC in circulation than DGC. Increased supply lowers price and they are both very similar coins that launched around the same time. Imagine if when Bitcoin was released a clone was also released that was similar except it's block reward was 3 times bigger and thus 3 times as many coins were in circulation... you would expect the clone to be 3 times cheaper. You get the point...
DGC has a more active dev. Actually, DGC dev seems to be one of the most active devs we have ever seen. I bought a bunch a while back purely because it's so rare to have such a good developer.
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Sounds good! Do we have any rough ETA for a beta? Seems an ambitious project
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I asked him what was up and that is what he responded. I'm sure he will give more details but everyone deserves to know.
Awesome. I did try hard to find out who the dev was before but gave up (this was back when it launched). Good news for BitBar that we have an active developer working on it! |
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We must spread the hashrate out. Please move away from http://dgc.epools.org, its over 50% of the network. You can find a new place to mine below or go solo like me: Pushpool: http://digitalcoin.scryptmining.com - nearmiss | 2% | stratum | PPS | New York, NY, United States (ServerStack) http://digitalcoinpool.com - ethought | 1% | getwork, stratum | PPLNS | Nuremberg, Germany (HETZNER) http://dgc.epools.org - erundook | 1.5% | stratum | Prop. | Bucharest, Romania (Voxility) http://dgc.cryptocoinmine.com - dreamwatcher | 1% | LP, stratum | PPLNS | Dallas, TX ,United States (SoftLayer) http://digi.cryptcoins.net - MarKusRomanus | 0% | stratum | PPLNS | Quakertown, PA, United States (Verizon) http://dgc.coinmine.pl - feeleep | 0% | stratum | PPLNS | Lodz, Poland (IWACOM) http://digitalize.bounceme.net - akabane | 1% | stratum | PPS | Paris, France (OVH) http://digicoinpool.com - BigVern | 2% | getwork | PPLNS | San Antonio, TX, United States (Rackspace) P2pool: http://p2pool-dgc.com:9500 - fenican | 1% | Ashburn, VA, United States (Amazon) http://pool.bounceme.net:24397 - akabane | 0% | Paris, France (OVH) http://95.211.25.2:24397 - akabane | 0% | Amsterdam, Netherlands (LeaseWeb) http://p2pool.dsync.net:21111 - x3maniac | 0% | Yaphank, NY, United States (Optimum) http://dgc.xpool.net:8810 - CartmanSPC | 0% | Irvine, CA, United States (SAVVIS) http://crypto-coins.de:8907 - schnebi | 1% | Dusseldorf, Germany (myLoc) http://gldmine.info:9788 - schlopper | 1% | Quebec, Montreal, Canada (Protected.CA) http://s01.plurapool.com:24397 - plurapool | 1% | Atlanta, GA, United States (Namecheap) http://next.afraid.org:8119 - faraway | 2% | Paris, France (Free) http://pool.1nusa.org:8119 - faraway | 2% | Portland, OR, United States (Amazon) http://208.117.43.200:5400 - Decagrog | 0.5% | Chicago, USA (Geekstorage) http://mineallcoins.com:19327 - napoleon2121 | 1% | Paris, France (OVH) +1. If a pool has too much hashrate and it gets DDOS'd or just goes down, it leaves the network more vulnerable to attack. |
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- no rounding for PoS blocks, to address low PoS diff and those small PoS rewards What does 'no rounding' mean? Also, how are you in contact with the dev? And are you allowed to give his details? Hes on the forum, I contact all the devs of the coins I own. Should be easy to find him "BitBardev" You're the first person to ever post that information on the forum. |
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Not dead. If I've learnt anything about cryptos it's that it's actually surprisingly difficult for a coin to 'die' once it's gained some success. 51% attacks, forks, devs abandoning the project, no-one mining it... and still coins survive. Look at CNC, everyone knows it's crap and yet there she sits not really budging.
I would sell and buy back in when it bottoms out and hits the floor. You can't win all your trades.
You can't know when that is. Then why create your topic if nothing can be predicted. Just saying there is no way for me to know exactly when it will bottom out. Of course. If someone could predict such things exactly they would be mega rich. Terracoin has been freefall for quite a while now and it hasn't stabilized, I know what I would do. |
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- no rounding for PoS blocks, to address low PoS diff and those small PoS rewards What does 'no rounding' mean? Also, how are you in contact with the dev? And are you allowed to give his details? |
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Love cryptsy
Please add ALF
ALF? |
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Not dead. If I've learnt anything about cryptos it's that it's actually surprisingly difficult for a coin to 'die' once it's gained some success. 51% attacks, forks, devs abandoning the project, no-one mining it... and still coins survive. Look at CNC, everyone knows it's crap and yet there she sits not really budging.
I would sell and buy back in when it bottoms out and hits the floor. You can't win all your trades.
You can't know when that is. Then why create your topic if nothing can be predicted. |
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Not dead. If I've learnt anything about cryptos it's that it's actually surprisingly difficult for a coin to 'die' once it's gained some success. 51% attacks, forks, devs abandoning the project, no-one mining it... and still coins survive. Look at CNC, everyone knows it's crap and yet there she sits not really budging.
I would sell and buy back in when it bottoms out and hits the floor. You can't win all your trades.
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I would have bought some if I hadn't seen Realsolid say he's working on a new coin now (not microcash, something else).
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