Why are you on a bitcoin forum if you would rather have your money value controlled by a few pigs with their hands in everyone's pockets? Let me remind you that the point of bitcoin is not as an investment or even a store of wealth. It is a currency created to avoid unfair and wrongful capital control.

Received my drive in great working condition today. Shipping was fast, the price was low, communication was prompt and easy to understand. But most importantly, the product (1.5TB Samsung drive) was packaged superbly. You guys have no idea how many times I have either seen or received expensive computer hardware without anti-static bags, or bouncing around inside the box. This drive was in an anti-static and VERY well padded. I asked for escrow, and I know now that if I ever need to work with him again, that won't be necessary. Great seller here, folks.

No valuation becomes a profit or a loss until you exchange back into the currency you started with. So if you bought coins at $250 each, then you haven't lost any money, or become "less rich" unless you sold those coins for a loss. So no one has done anything but declined in value. Which, as we have clearly seen, can climb quite quickly.

Looks pretty cool. Like a time capsule in card form!

Sent payment to Graet as escrow for the Samsung 1.5TB drive.

Txn: https://blockchain.info/tx/41b185354e20c3a767f657dff47fad9aeba40ca5445741cb2199f787d9243d43

This literally made me laugh out loud.

It works in the same ways that the bears will say "If the price goes up, crash. If the price goes down, crash."

No one has substantial evidence to back up any claims, and no one has enough fiat currency to influence the market in the ways we are talking about. It's all a bunch of speculative hoo-ha if you ask me. It will be a long time before we truly see how the Bitcoin network will respond to increased user activity and potentially increased price.

That incorrect address error is not real. The pool's wallet simply doesn't have enough LTC to pay you out when you click the withdraw button. That's all. You can either watch the ltc blockchain for when notroll.in finds a block and then quickly withdraw right after (and hope you got in early enough), or you can just wait. I doubt your .5 LTC is something you need right this moment.

Okay, that sounds better. I actually know a fair bit about Litecoin (so I know the difficulty retarget would keep that block issue from happening, but it would be an inconvenience at best), but I wanted to see their reasoning behind LTC being better. I happen to agree that each has their pro's and con's, with no coin really being superior.

I feel like a few currencies in place is a great idea so that ALL of the issues can be ironed out by one coin if the other does not properly address said problem.

Read the thread about the pool. The hot wallet for the pool is only funded as the blocks are found.

So if 'litecoin is the future,' what happens if the network hash rate increases such that blocks are solved every, say 30 seconds and due to slow connections, or long distances, nodes start to fall behind? The makes the point of the public block chain useless, does it not? After all, the point of the block chain being public is how the network and all transactions there in remain secure.

And could you explain fairer mining? Because it's GPU and CPU only at this point?

Maybe I'm naive, but why is litecoin 'better'?

I'm confused why you keep so many Ltc in your pool account. My payout threshold is 1 and so should everyone else's. Same reason I don't keep btc on mtgox o or ltc on btc-e. 

In that case, there is no problem.

I would say. 

Why isn't this in the auction sub forum where posts cannot be edited?

I've run out of disposable money. The rest I have to keep in fiat for daily, weekly, monthly expenses. 

Thanks for the quick explanation. I was coming in to complain, turns out I wasn't the only user affected. I should really follow pool news more often. 

The block halving + time =/= the current price.