Are you saying that there are individuals out there masterminding these DDOS attacks to keep away new adopters of Litecoin?  That's an interesting conspiracy theory, I wonder if the new exchange that is coming out from Neo is truly DDOS proof.

I would kiss the floor if that happened. soar LTC... SOAR.


Absolutely. I think more and more people will slowly see this. A shift is coming and this year when LTC hits critical mass we will have Take Off ladies and gentlemen.

I don't know about you guys but I've been having a hard time getting my head around this whole Ripple system stuff. I know it's the latest fad of this board but I personally think it's too complicated.

What's worse is hardly anyone on the forum seems to be certain how it all works (at least that's my experience when I see someone asks for help and no-one knows the answer until someone comes along with a 400 word essay of gobbledegook).

But my ignorance aside what sealed the deal for me is the amount of money the founders are set to make from it. You can almost feel the greed surrounded by this Ripple stuff.

The more I think about it the more I realise how undervalued litecoin is. I see it's uprising as inevitable as that of bitcoin.

Litecoins have been shooting up in value and I want to mine some, as I figure I won't need expensive equipment to turn a decent profit unlike bitcoins?

Is there any easy way to estimate how many litecoins I can earn per day? And what about bitcoins?

Here are my specs:

Processor:   Intel(R) Core(TM) i7 CPU  920  @ 2.67GHz, 2668 Mhz, 4 Core(s), 8 Logical Processor(s)
Installed Physical Memory (RAM): 6.00 GB
GPU: NVIDIA GeForce GTX 295

Thank you for any help. 

No that's just the site being funny. When it's down it sometimes shows a cache it's a feature of cloudflare, so you were looking at prices from 10 hours ago. This was happening to me earlier too and had me very confused until I figured out what was going on.

Very nice effort. Well done sir.

Would you consider having a chat function on the site? I feel that has helped the populatity of btc-e.

I think it's still a great buy.

There's some big announcements coming soon. I know a ltc payments processor is in the works, essentially the litecoin equivalent of bitpay... this will make it easy for online stores to accept payment for goods with litecoin. Think about it, that is going to provide stimulus to the litecoin economy. Plus there's going to be people switching over from bitcoin mining to litecoin mining with the ASICS coming out. That mined money will trickle up through the litecoin economy.

I've put my money where my mouth is and own some. I don't believe in the future there will be just one virtual currency... competition springs up everywhere and is healthy and in fact desirable.

No but I think I have found a bug in the software. My password was extremely long, at least 30 characters. I encrypted the wallets again now with shorter passwords and this time it has worked. I tried to change the passwords to the long one and again it failed.

This makes more sense because now I have to enter a passcode to send the bitcoins.

I have created a new address on computer A AFTER I encrypted the wallet for the last time, as I right in thinking that is now a safe address to receive funds to? It's on a wiped computer. I have sent funds from computer A to computer B after doing this and computer B received the funds, so does everything sound good to go?  

I don't see this lock but I definitely went through the encryption process once?

I am using the Bitcoin qt client and I am very confused and think I have done something wrong.

1. I have two computers A and B both with Bitcoin qt client on. I have made wallets on both computers.

2. After launching Bitcoin qt client for the first time on computer A I created two addresses using the 'new address' button. I then clicked 'Encrypt Wallet' and entered a passcode. Note I only did this process once, even though I created two addresses.

3. I then transfered two test transactions to the wallet on computer A from Bitstamp. These came through as:



(don't know if anything looks wrong in that picture?)

4. I then tried my first ever test transaction and sent it to the address I created on computer B (I have never encrypted this wallet).

5. To my surprise this sent, even though I didn't have to enter any kind of passcode on computer A? Plus my address on computer B isn't even encrypted?

6. Does that mean anyone can use the funds I have in my wallet on computer A, without my passcode?

7. The status of the transaction on computer B is also, 2/unconfirmed? Is this a sign of a mistake. Also the 'from' is marked as unknown.

I'm confused, please advise. Sorry for my ignorance, I am not a technically minded person but trying to adopt bit coins.

I have to make a withdrawal from bitstamp, about 200 bitcoins. I have about 400 bitcoins on there in total.

Does anyone know how long they take to cash out to my bitcoin wallet? It says large withdrawals can take up to 24 hours due to manual orders and I need these urgently, hopefully within the next 6 hours.

...

Very good explanation with number 2. Makes sense now 

Regarding point number 1, I plan to keep the bitcoins as savings. Would this guide be safe to follow:

https://en.bitcoin.it/wiki/How_to_set_up_a_secure_offline_savings_wallet

I want something 100% secure. The access doesn't have to be liquid. The only thing that might happen is I might buy another $5k bitcoins later in the year, but I don't plant to sell any.

Thanks so much 

Hi all,

new to bitcoins and I am buying some in the next day or so from bitstamp.net. This will be several thousand dollars worth.

1. If I buy the bitcoins, is it safe to leave them on the exchange? If not, what is a simple guide for me to follow so I can download them (note I am not a technical person). I want something very safe.