Is that 10LTC per 1k or 10LTC total?
10k wdc for 10LTC total. no one will sell @this price |
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lol they are crackdown mtgox not bitcoin
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 Still have alot of orphans Pfft, "orphans" how did you get so many coins to go through? look at his setup dude he has like 12gpus same number of gpu all are orphan |
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block confirmed and then, suddenly all are orphan? what is going on?
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you make me remember previous statement on twitter, they make price going down, and they deny it, price go up
think? who benefit from it, lol
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4ltc/1
have 2080pwc
want to sell
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I can understand your view that Mincoin could be viewed as a clone of Litecoin but it can never be a pump and dump coin because it takes far too long to create a large portion of coins from which to dump.
The number of coins created is completely uncorrelated to the potential of pumping value into the coin then dumping it for a quick profit. You can take any coin and label a multiple or fraction of that coin as the common unit to transact in. Presto you get the psychological effect you are looking for without really having to change anything at all, certainly without needing an entire new coin to be created and marketed etc. Forget the whole coin cap psychological effect and go back to the drawing board on all your ideas. The only psychological appeal most alt coins bring is that of opportunity to buy it cheap before it rises and makes you rich. People aren't jumping en mass on board these coins because of the logo or name or whatever other marketing fluff. Prove it. And no it's not just the total number of coins created but also the rate of creation that contributes to pump and dump. If you create 50,000 coins a week from one coin then that one coin is going to have a lot of people trying to dump it at the end of the week because the supply will outpace the demand. What I want is for the demand to always outpace the supply so that these coins will have reasonable prices and be released at a reasonable rate and while miners might not be able to get quick profits I think it's better to slow the pace of inflation down. The total cap should be small because of psychological effect but the rate of inflation isn't just a psychological appeal to coin collector instincts but is real mathematics and is in my opinion really bad for markets. The rate of inflation has to be slowed and with Feathercoin and Chinacoin this did not happen and the result is these coins are now over mined, very cheap and psychologically a cheap coin has less people demanding to buy it. Because why is are people all over Litecoin? It's nothing more than a well marketed coin catering to GPU miners. It's not more secure than Bitcoin. It's got a larger total cap for marketing purposes so people feel richer, it's allows for GPU mining so miners can make money, it has a catchy name and a really nice logo. It's in second place while PPcoin which actually is very innovative, is at best in third place. It's debatable if you think Proof of Stake will work but at least it's significantly different from Bitcoin and for security reasons not just to make miners happy or make speculators happy like with Litecoin and Mincoin. In my opinion people jump on in mass because of marketing. Coins which have terrible marketing or no logo have less support and PPcoin is perfect example of such a coin with very good technology and ideas behind it and very little marketing which proves technology doesn't market itself. what make you think litecoin is less secure than bitcoin ppc have two billion. so people will feel richer,according to your point arent they Litecoin is less secure because GPU mining while it might be more profitable is not going to secure a network as quickly as ASICs. This is just basic knowledge, if you have ASICS already developed then all you really have to do to keep the network secure is distribute the ASICS to as many people as possible. ASICS do not cost a lot of electricity and run at 30 watts or less compared to GPU which costs much more in terms of electricity and is much more inefficient. So just on energy efficiency and overall efficiency alone ASICS are better in my opinion for security. Also the complaints about confirmation time are psychological complains from people who don't like the idea of having to wait 30 minutes to an hour for the security to go through. These people would rather sacrifice a degree of certainty for transaction speed. There is no proof right now that Litecoin offers any security advantage over Bitcoin. My conclusion is that Litecoin is a well marketed coin catering to the miner demographic. I communicated with SunnyKing himself. He says that PPcoin has no set in stone amount but that it will adhere to the model set by Bitcoin and Litecoin. Basically it's not generating a whole lot of coins at a very fast rate and eventually will be Proof of Stake so it's going to take a long time to reach 2 billion even if that is the cap and I don't think it is as he said he is only using that number internally for consistency. If you ask me what I think Sunny King is doing I think he's going to position PPcoin to be more scarce than Litecoin no matter what and competitive with Bitcoin in terms of the per capita amounts in circulation. "There is no proof right now that Litecoin offers any security advantage over Bitcoin" doesn't mean litecoin is less secure than bitcoin, ASICs for bitcoin are not widely use, according to your point of view, 8 month ago, bitcoin is less secure compared to now because GPU mining GPU mining while it might be more profitable, wrong, GPU move from bitcoin to litecoin day by day, if you see statistics 8month ago, only 20thash bitcoin network(litecoin now 75%), when litecoin mature ASIC soon or late will hit them something with less technology innovations compared to others doesn't mean it won't be success, or thing with more technology innovations will be success, take over other, real market have already proved that |
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I can understand your view that Mincoin could be viewed as a clone of Litecoin but it can never be a pump and dump coin because it takes far too long to create a large portion of coins from which to dump.
The number of coins created is completely uncorrelated to the potential of pumping value into the coin then dumping it for a quick profit. You can take any coin and label a multiple or fraction of that coin as the common unit to transact in. Presto you get the psychological effect you are looking for without really having to change anything at all, certainly without needing an entire new coin to be created and marketed etc. Forget the whole coin cap psychological effect and go back to the drawing board on all your ideas. The only psychological appeal most alt coins bring is that of opportunity to buy it cheap before it rises and makes you rich. People aren't jumping en mass on board these coins because of the logo or name or whatever other marketing fluff. Prove it. And no it's not just the total number of coins created but also the rate of creation that contributes to pump and dump. If you create 50,000 coins a week from one coin then that one coin is going to have a lot of people trying to dump it at the end of the week because the supply will outpace the demand. What I want is for the demand to always outpace the supply so that these coins will have reasonable prices and be released at a reasonable rate and while miners might not be able to get quick profits I think it's better to slow the pace of inflation down. The total cap should be small because of psychological effect but the rate of inflation isn't just a psychological appeal to coin collector instincts but is real mathematics and is in my opinion really bad for markets. The rate of inflation has to be slowed and with Feathercoin and Chinacoin this did not happen and the result is these coins are now over mined, very cheap and psychologically a cheap coin has less people demanding to buy it. Because why is are people all over Litecoin? It's nothing more than a well marketed coin catering to GPU miners. It's not more secure than Bitcoin. It's got a larger total cap for marketing purposes so people feel richer, it's allows for GPU mining so miners can make money, it has a catchy name and a really nice logo. It's in second place while PPcoin which actually is very innovative, is at best in third place. It's debatable if you think Proof of Stake will work but at least it's significantly different from Bitcoin and for security reasons not just to make miners happy or make speculators happy like with Litecoin and Mincoin. In my opinion people jump on in mass because of marketing. Coins which have terrible marketing or no logo have less support and PPcoin is perfect example of such a coin with very good technology and ideas behind it and very little marketing which proves technology doesn't market itself. what make you think litecoin is less secure than bitcoin ppc have two billion. so people will feel richer,according to your point arent they |
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everyone old enough to know what to do with there money
except nwo lie about exchange :v
most of people who buying thing you are called "scam coin" are buying them with hope, lmao, they dare to take a risk :v so why you guy worring about the other money, keep complain everything is scam
lol
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great buyer, i sent pwc first, everything smooth
g+1
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trade 43400pwc
i sent first, smooth, fast
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[WTS] 43240PWC 5LTC per 1000PWC
200LTC take all
pm me
[SOLD]
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i see ltc at long term invest, other (except btc) are quick bump and dump with hope it will hit exchanged
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lose another 5xx k all confirmed
i'm out
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Block got orphaned after 27 confirmations.
How? Why?
suddenly lost connection for a second and when it came back all blocks that were confirmed a while ago disappeard  be happy, i lose 3.5 mil, feeling that, you find a tons of gold and suddenly goverment come take it away u lost immature or even confirmed ones? confirmed one, all my 3.5mil confirmed |
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Block got orphaned after 27 confirmations.
How? Why?
suddenly lost connection for a second and when it came back all blocks that were confirmed a while ago disappeard be happy, i lose 3.5 mil, feeling that, you find a tons of gold and suddenly goverment come take it away |
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