sounds like a pyramid scheme. He's saying that some people doing whatever (probably investing in him) is getting 4000 LTCs a day as a reward
Well: given the recent plummet, it now looks like a pyramid scheme that's collapsed... I don't think so, it seems that someone who had a shitload of litecoins took advantage of the situation and cashed out, and this may actually help the pyramid scheme, as now it's cheaper to get in, in fiat I mean. I think it's impressive that a scheme like this can drive the price up so much. |
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How much is the cost of the attack?
Is there any analysis on this?
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Last few weeks have been really exciting with litecoin, today I check exchange rate at 8:30 am, it was really good, thought of caching out some litecoin, but had to wait until lunch, at 11:00 am checked exchange rate and there was a big dump, now it's up again.
Gotta love volatility!
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There are several proposes to increase transaction capacity, an ongoing discussion has been going about blocksize, that's all about increasing transaction capacity, probably it will not be enough, there are other proposals that will help reach higher capacity.
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Unless you can add a bigger fee to your transaction there's nothing more you can do, network is overwhelmed, we can only wait. |
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Address 17ABrUpBNURhgiSfTuRvtpMDEXwivcdCZ has 0.991871 BTC in it, if it isn't showing up in your wallet there's something wrong with the wallet.
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For me it already is the best 2015 investment, I have been holding and buying litecoin all year, now the question is when to cash out. I'll hold a bit longer.  |
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It already has High Priority, it will probably be included in next block.
I always pay 1000 satoshi for transactions, they get confirmed fast enough, although I don't mind waiting a few hours.
Now, i'm waiting over 24 hours, I think it's very long. Now, still not confirmed. I don't know why? Can I push it faster ?.... Yes, you can try that, check: http://blog.blockchain.com/2014/07/08/tutorial-how-to-rebroadcast-a-bitcoin-transaction/Are there any stress tests in progress? |
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The whole goal of the Eurozone, was to strengthen the countries in Europe after the World War II.
It seems as though that has changed. If you are not strong enough, we will give you loans until you buckle under the debt. No shots will be fired, but the country will be owned by it's debt collectors.
This is being done to increase their political leverage. If you do not play by our rules, we will crush you economically.
Other organizations are doing the same thing with other countries, to force them to play by their rules.
Not the same thing, you get a lot of free money for being part of EU, like a lot! Corruption and incompetent use of funds put countries in debt, but the benefits are huge. |
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It already has High Priority, it will probably be included in next block.
I always pay 1000 satoshi for transactions, they get confirmed fast enough, although I don't mind waiting a few hours.
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LOL, dude, you're killing us! So, 1. 10% 2. 10% 3. 3% 4. Profit |
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That's awesome, I've been stacking litecoin for a year or so.
Will they be moving to bitcoin next?
How exactly are they promoting litecoin?
Basically, they promote it just like a pyramid scheme. How do they make money out of it, they cash out their litecoins when the price is good enough? Here is another picture that explains the scheme. (might not be the same group, but similar idea) http://8btc.com/thread-20421-1-1.html I don't speak the language, care to translate please.... |
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That's awesome, I've been stacking litecoin for a year or so.
Will they be moving to bitcoin next?
How exactly are they promoting litecoin?
Basically, they promote it just like a pyramid scheme. How do they make money out of it, they cash out their litecoins when the price is good enough? |
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Greece will not exit the euro zone, so no pros and cons  That's my personal opinion. I am a greek citizen, too I also share this opinion. Varoufakis resignation is a move to come to a compromise with the EU partners, also the cost of getting out may be too high. |
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That's awesome, I've been stacking litecoin for a year or so.
Will they be moving to bitcoin next?
How exactly are they promoting litecoin?
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Little late for them now, considering they can only withdraw 60 Euro/day.
They can earn bitcoin by accepting it as a payment method. They get a lot of tourists, people don't carry much cash around with them, bitcoin might be the alternative. |
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Correct me if i'm wrong, but shouldn't it do exactly the opposite?
Given the fact that EU is now "loosing" Greece, which is nothing but a dead weight; shouldn't the EUR get stronger, since the overall economy of EU will be stronger w/o them. Seams logical,right?
cheers
Probably, Greece is a big liability, every creditor will be affected, some more than others, but the Euro itself probably will get stronger as more stable the eurozone economy get without Greece. |
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