Once ASICs are out, and mining bitcoins as an amateur is no longer an option, I will most definitely be going to litecoin
What happens if BTC Value goes up and the difficulty of the litecoin network goes to the moon? |
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if he adds sounds then i will definitely buy.
 It has sounds per trade up or down you select between sound types as well. Really? How do you enable that option? Here you go.   And then  And then  |
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if he adds sounds then i will definitely buy.
It has sounds per trade up or down you select between sound types as well. |
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I've thought about this and was initially obsessed with the notion of obtaining the shortest possible break-even period in strictly fiat terms, since the interest on my debts is about 1,5%/month on the ASIC miners. But in the longer-term, grander scheme of things it doesn't really matter that much: what matters is the investment in Bitcoin because I believe in it. If it develops positively - and with portals like Bitpay expanding, among others, things are looking positive - the exchange rate, rather, purchasing power of a BTC should rise so much that mining BTC will obviously be profitable (even while paying 1,5%/month on debts incurred to invest in ASIC mining!). Like a few have already said, a major future regret could well be having sold out too many BTC into bankster paper far too cheaply. I'll try my best to follow Charles Vollum's advice of not being obsessed with fiat as a reference point, and take it from there. I really like RodeoX's attitude of never even dreaming of selling out to the banksters below $100/ BTC. ETA: essentially, it's clear Bitcoin is not just a "get rich quick scheme". But this is the point: it's not meant to be. It's just sound money. If any of us are, or become rich from it, well, that's a fringe benefit I guess. After all, it's only money.  YMMV. covering your costs/obligations is to be expected. |
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Friendly advice:
One of the BIGGEST things to remember in the merchant services field is that companies that are brick and mortar usually have early termination fees for leaving behind their old service (at least here in the States). So it may be advantageous to note in your website that your services are complimentary to existing merchant setups and do not require the customer to leave their pre existing services.
Good call. |
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is there any lvl 2 style data ? also market profile chart ?
Closest thing to lvl 2 would be the blue and gold lines. The red and green bars represent trade volume, while the numbers to the left represent the bid amount. While the numbers on the right / bottom represent the ask amount. If you move your cursor over the green line at the peeks, you will see stats as well. This also has a archive feature as well. Blue being sell orders and gold being buy orders from those specific exchanges. This is as real time as it gets. |
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I'm naturally skeptical of any investment/speculation subscription service. I mean if you were really that good, you'd be making millions off investing/speculating, not selling your strategy for pennies.
These are just real time charts. Nothing more.  With many custom settings.... That follow you from any computer/device you log onto. Source |
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Oh come on, don't tell me you can't cough up $3 for his awesome site? We complained the price was too high, now that he lowered it we should buy again, I already did.
$3 or $3 a month? $3 a month I may just have to bite. Its a lot more reasonable than it was before as far as I can remember. He started out with something like $2 or something but then he raised the price to a ridiculous a bit above $10. It's a reasonable price now again I think so I bought 30days.  |
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Update with a little settings tweak.  |
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Difficulty will increase to more than 22 in some minutes, while current is 16.01 and before was 14, and I remmber you that in LTC new difficulty is calculated every 3.5 days by average.
So in less that a month Litecoin diff has double and the price too.
Regards
Another reason Litecoin lacks the "stable" factor to be used as a store of value and be used in everyday transactions. IMHO it's a fun crypto-c to speculate and gamble with. |
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Just how crazy is it going to get? Anyone starting early on the Litecoin switch over?
Anyone just throwing in the towel and selling off all the gear?
I'm really curious as to what everyone plans. This last part of 2012 is going to be really interesting.
I would imagine that even if someone was trying to sell.. on ebay, craigslist etc.. they'll still mine every last coin than they until they get the price they want. honestly.. LTC mining is stupidly profitable right now (with current difficulty, fx rate, etc). a single 7950 ($320 on amazon) nets about .25-.3 btc/day when mining ltc. however... those glory days are ending in a hurry and it'll quickly eqaulize out to what BTC mining is worth due to natural market forces. I don't know I may end up moving the GPU portion back onto BOINC.. Just depends on the return for ASIC investment. |
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Little movement overall so far.   |
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Hi, this thread is created in response to the new LITTLE SC Single that is advertised as a 30Ghash unit. With all other BFL products it has been the case that the more you pay the more you get. But the new LITTLE SC Single ($649) makes the SC Single ($1299) appear uncompetitive, especially if you are investing a large amount of money for the purchase of over 10 units, in this case you would be interested in having some redundancy, which the LITTLE SC Single offers. A thread that quickly highlights redundancy benefit is here: https://bitcointalk.org/index.php?topic=118276.0However if BFL releases a firmware for the SC Single ($1299) to run at 65Ghash, then this keeps the structure of "The more you pay the more value you get". Also at 65Ghash per SC Single, it would still not out-compete the SC MiniRig. Well if you intend to overclock the units then you pay the extra for the cooling and better performance. |
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i think a lot of gpuminers will switch to litecoin mining, some already have
Problem is lets say you move 23GH/s worth of mining power from BTC to Litecoin and your aggressive in your settings you may make almost 4000 Litecoins a day at present difficulty give or take a few hundred. Those that have been mining Litecoin's are going to try to cash in on the recent popularity. So you have to hope the speculators that opt to use BTC to purchase their speculative share of Litecoins are more then those moving their mining infrastructure over to Litecoin. I can see speculative pressure moving Litecoin value up to the mid 0.0100 when valued against BTC. However if more "miners" join the network the returns will diminish quickly as there is no use for Litecoins apart from mine and dump at this time. To sum up I'll point out the obvious. Unless more speculators buy up the pre-existing Litecoin available on the market. The popularity of moving mining infrastructure to Litecoin will in turn put pressure on the present value of Litecoin as early adopters choose to cash in their earnings and moving them to BTC and other potential fiat currencies such as USD. |
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No, but BFL as an entity is limiting it's contact with Bitcointalk. I'm speaking merely as myself and as a pool operator. On the rare occasions BFL intends to interact with this community, I will post as BFL_Josh.
Will be interesting to see if this improves or hurts BFL's current reputation. I think that the policy to not feed the trolls is overrated.... But it seems to work. |
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awful warranties, awful support, I don't know about consumer products, but HP support for enterprise systems is more than excellent. I've seen them sending taxis through half the country just to get a replacement part to the customer (ie. me) in the time alloted by the SLA. When it comes to products made for the enterprise their support is reliable and spot on. |
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Why would anyone mine there? They invented that BS IOCoin and IXCoin and fucking some other bullshit-troll-coin. If I had an ASIC, I'd go anywhere else.
With respects the motivation for alt crypo-c's no one is perfect Nothing ventured nothing gained. |
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