LTC/BTC went x10 since early March, when I bought in. It's a useless clone of Bitcoin, but it was very good to me as a speculative asset. Buying LTC in March was probably one of the best investments I ever did, if I did not buy lite coin now I would have much less BTC, I can guarantee you that.
That said, as soon Gox announces an official and concrete ETA I will dump 90% of my remaining holdings (which are aprox. 30% of the initial amount I had), and I will dump it for good. I will just keep a few hundreds for the lulz.
and u are going to regret that |
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A good call I think. I only wonder how long it will take.
People seem to be fighting it every step of the way which will probably make it drag on for months.
Still, I'm doing some interesting things with the alts since I sold my BTC around $160.
LTC and the much cheaper, riskier and newer DGC on cryptsy look promising these days.
WTF is new about DGC? Don't you guys get tired of the scamcoins? Seriously. Isnt main purpose of the bitcoin is scamm people ?  bitcoin the original scamcoin |
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I would be all over some $-20 bitcoins for you i can resize the scale even to -280USD  +1 effort to keep special ppl happy |
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today silver is holding better that gold I wonder if the push to 1200 on gold was to trigger stops. the ration want to 66.3
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esperado a comprar en 80 desde hace tiempo  |
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be ready to wait 20 years to even get a chance for a change |
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I love this news Europe's shit money will fail. not really |
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Ok, so in other words, the market will go into the same direction until this transfer of wealth is complete?
remember this say "if everyone is making money nobody is making money" |
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Okay... paper gold is a form of credit. So, by selling a claim I own on gold, somehow I'm expressing that I want to hold onto my physical? How does that work? Aren't the lenders having their locked up assets returned to a liquid position, thus raising physical supply?
is a future contract for 100 OZ of gold |
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The only way to build crypto-currentcy is to build STRONG ONE ...
( 1. no one can afford to control 50%+ of mining power, 2. expensive coins(hard to manipulate price), nobody can buy them all (10%) )
in that case the cap valuation of bitcoin is the total cost to perform a 51% attack-1USD edit: you dont care about point 2 if you can perform point 1 a currency that cant be used lose its value |
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unless you already have BTC. what's the difference with USD?
the case of BTC vs red cross coins can be simple, if red cross coins are premined by red cross when you buy the red cross you increase the demand => increase the value so you help red cross by purchasing the coins and them from donating them, if the red cross coins are not premined can be set by only by exchange rules and so on USD transactions are more expensive that p2p crypto transactions so your donation will generate more revenue for banks |
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Bitcoin is enough. :-) (we do not more coins, just setup Barcelona(hiv, paris, help ...) addresses and you can vote with Bitcoin)
no sir, for example if I have to donate to red cross bitcoins, I need to buy that bitcoin, so I increase the demand of something I dont want, in the other hand if I have red cross coins and I buy that and then donate to red cross I increase the demand of a alt_coin_brand that I am willing to support, the red cross coins wont affect bitcoin on any way so bitcoin opportunist have nothing to gain from my donation to red cross |
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