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61  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] RoyalCoin - a new scrypt based coin on: May 14, 2013, 10:03:31 PM
Lots of speculation around the place on this coin, and a few pools hashing pretty hard. Are we going to see any solid proof of it being put on an exchange or just more speculation?
62  Other / Beginners & Help / Re: Noob Question - Am I Mining? lol on: May 14, 2013, 05:42:41 AM
Those are my real numbers, you are right I spend alot of hours at first watching price swings and how Btc effects the Price of Ltc. I would call myself a penny collector. My normal routine is checkin the price of Ltc when I plan to start trading I pay attention to the price swing for about an hour. Looking at the price fluctuations and placing sell and buy orders at the top and bottom of the price swing over that hour. Then just wait for orders to complete and repeat. Collecting 0.2 Ltc or 2-3 cents at a time.

Since prices vary so much overnight, i sell half the Ltc I have just to keep some USD available incase the price drops so I can buy more Ltc.

I never worry about the price of Litecoins at a given time. I only focus on the Price difference over a 1 hour. 
I play safe, I could wait for higher price increases but I am a instant(almost) gratification guy.

Very cool, i might take some of those tips into consideration when i play the markets a bit too =) thank you for the detail, it's much appreciated.
63  Other / Beginners & Help / Re: Ebay sucks. BitBay!!! on: May 14, 2013, 05:35:33 AM

Hmm... I tried selecting the categories on the side and I only get blank pages...

Damn... You are the third person saying this and we can't reproduce the issue...

FYI try reproduce the issue in a variety of IE versions (incase you haven't already). IE tends to not work well with the interwebs on many occassions.

EDIT:: Well. Nevermind that idea. I decided i'd try as well. I went to the site and pressed "all categories" on the left hand side, it then brought up a blank page. I tried with IE + Firefox + Chrome, all browsers experience the same issue. FYI i'm australian.
64  Other / Beginners & Help / Re: Restrictions for newbies on: May 14, 2013, 05:33:11 AM

Well you could just make an auto refresher.

I use to use auto refreshers bacccccccck in the day of neopets =D they figured it was an excellent idea to push out completely random events to some of their pages, so if you had a refresher going, you'd stock up on tonnes of valuable freebies.

Bitcointalk = Neopets? =p
65  Other / Beginners & Help / Re: Great Place to Buy and Sell Items with BTC on: May 14, 2013, 05:29:53 AM
Good luck. My wife made me put her dirty pictures on there so she can get enought to get her jacked up tattoo fixed.


Jesus o.o i'm not sure who's a troll and who's RL anymore. T_T
66  Other / Beginners & Help / Re: BitcoinMoxy.com on: May 14, 2013, 05:25:08 AM
Very cool, something that isnt a scam in the Newbie section, this would be pretty darn useful to a lot of people i'd imagine. Excellent work =)
67  Other / Beginners & Help / Re: Would you rather on: May 14, 2013, 05:21:59 AM
Hm. Horse-sized Chicken. I aint no pussy. Come at me bro-chicken.

Seriously, imagine the chicken wings on that!!!! You could eat delicious chicken meat for ages by taking one of those out. On the other hand, if you kill 20 chicken-sized horses - are you going to eat horse meat? Really? HMMMMM.
68  Other / Beginners & Help / Re: BTC-e Trading Bot on: May 14, 2013, 05:18:45 AM
shiti tradebot.rar i took credit for coins and now im f*** lost 6~7k USD with actual price...

Damn, dude. You got destroyed. How could you be so naive and download something that everyone said was fishy? Most obvious shills

Someone has got to try it out i guess :/

Btw, pardon my noobidity, but i've heard the term "shills" used frequently around the forums but i've got no idea what it means, do you mind enlightening me?
69  Other / Beginners & Help / Re: 3rd 7970 only getting 75kh/s? :( on: May 14, 2013, 05:16:23 AM
why scrypt? what are you trying to mine? just go with guiminer, get a pool account, point to a pool and mine bitcoin. no need for scrypt for bitcoin.

Because for some reason, using GUIminer lowers my hash rate.  With CG I get 680 per card.  With GUI I get about 667. 


That's rather interesting, i'd almost be willing to bet its because you've put different settings/flags in your guiminer perhaps? If you select the default flags for your card in guiminer, it might be different from the flags you've set in cgminer, worth checking.
70  Other / Beginners & Help / Re: Restrictions for newbies on: May 14, 2013, 03:57:14 AM
Being a literal newbie I understand them fully. Its just basically to prove that you are "trust worthy" enough to use these forms and to also prove that you aren't just going to sign up and spam other sub sections of this forum.

Kind of, think of it this way; there is no real security in the world.

Why do people have fences? To deter people from entering their property of course.... but i can just jump your fence if i wanted to. (hence extra effort required)
Why do people have firewalls? To stop people from Trololololing their servers yo. But i mean hey, if i wanted to, i could physically make an effort to break into the property of X business, plug in my ethernets into their ports, and hax0r their servers. (hence extra effort required)

The "Newbie" restriction sort of works in the same way. It prevents nothing for sure, but what it does get rid of is auto signups by bots and if bots get through, theyll be restricted to the newbie forum and go crazy. So someone would have to write up a specific bot to hax0r these forums if they wanted to do it that bad. But then there is the passphrase step as well which bots have a hard time getting by on the signup phase. (notice all these steps to put a whole bunch of extra effort required in for the hax0rs out there?)

Just because a legit newbie posts on the newbie forum doesn't mean they're trust worthy at all. I've been lurking these forums for months now and i've seen lots of untrustworthy idiots posting on other subforums on bitcointalk. Even people that were recently labeled as "Scammer" when they had over 300 posts on their account.

What the newbie forum does do, is hopefully direct us noobs here so we read up on all the stickies and random bits and peices, so we can respect the rules put in places by the moderators - this is their home afterall.
71  Economy / Trading Discussion / Re: How to SAFELY sell Bitcoins on eBay on: May 14, 2013, 03:47:32 AM
I've heard that Paypal is freezing accts of people who sell Bitcoins on ebay.  I don't know if this is true but it makes me think twice.   Paypal doesn't like ebay because it is their competition so not surprised they would do this.

I've also heard similar things. I can't provide links or any extra info, the only reason i've heard this kinda thing is due to the fact that im a massive forum lurker and i've heard way too many cases of people getting charged back when trying to sell bitcoin via paypal. Obviously paypal/ebay (owned by the same company fyi) doesn't like this occuring a bunch, so i'd imagine they would try to do anything in their power to stop fraudulent things like this occuring.
72  Other / Beginners & Help / Re: How often do you check the price of Bitcoin? on: May 14, 2013, 03:43:00 AM
Admittedly bter and mtgox are part of my routine checks whenever i open an internet browser. As well as how well my rig is going in the coin pools i mine with =). I'd estimate probably every 40-60mins. Just a quick check to see what's happened.
73  Other / Beginners & Help / Re: Noob Question - Am I Mining? lol on: May 14, 2013, 03:40:46 AM
Yup your mining, I Cpu mine at ~23kh, 444kh is a whole lot better than what im doin.

Keep going, it wont hurt anything, you wont be rich from it but its fun to use an Exchange to multiply or coin or trade for other cryptocoin.

I started about a months ago, I mined 0.20 Ltc and used Btc-E to trade it back and forth. As of yesterday I have turned it into 4.3 Ltc all while my Cpu miner is about to complete it first whole coin.

Lol, that's actually rather amazing, you do realise you've technically made an absolute killing in terms of % profit. If you were cooking with actual numbers then you could have made a lot more. I've been tempted to try something similar as well in terms of slowly trading up, but i feel like it would involve too much time invested in constantly monitoring exchanges.
74  Other / Beginners & Help / Re: Is my card to old? on: May 14, 2013, 01:07:24 AM
The card doesn't crash just the mining programs. What card would you suggest then for mining litecoins? and make it profitable, even marginally so.
 

Any new ATI card. My recommendation would be 7950's - they get you the most hash for your money and power consumption so imo they're very worth it.

I'm currently running a few of them and each gets 600KHash minimum on Scrypt coins (litecoin included). There are optimizations if you look around to get 7950's to 650ish KHash with lesser power consumption - imo definitely worth looking at.

uhh, no. As the difficulty increases those cards will not be worth using anymore.

Please check out http://dustcoin.com/mining - if you do some basic calculation, you'll find something like Litecoin mining to be plenty profitable at the moment. Sure, there is always the arguement that once the difficulty increases, it'll no longer be worth it - but do you really think thats the way its going to work? You dont think the market price of Litecoin will adjust to the difficulty of the coin? As scarcity increases, price will also increase. You're allowed to say anything you want and speculate anything you want, but mining simply wont be unprofitable until FPGA or ASIC farms come into play for scrypt, and that wont be for a long while.
75  Other / Beginners & Help / Re: Is my card to old? on: May 14, 2013, 01:00:42 AM
same would only recommend acis

Yup at the end of the day it is all about how efficient you are at converting energy into hashes. ASICs are most efficient.

FYI there are no asics or fpga's for Litecoin at the moment. A few FPGA's are being developed (check out the altcoin section) but they simply are not around at the moment, so everyone is running multi-gpu rigs.
76  Other / Beginners & Help / Re: Is my card to old? on: May 14, 2013, 12:59:19 AM
The card doesn't crash just the mining programs. What card would you suggest then for mining litecoins? and make it profitable, even marginally so.
 

Any new ATI card. My recommendation would be 7950's - they get you the most hash for your money and power consumption so imo they're very worth it.

I'm currently running a few of them and each gets 600KHash minimum on Scrypt coins (litecoin included). There are optimizations if you look around to get 7950's to 650ish KHash with lesser power consumption - imo definitely worth looking at.
77  Other / Beginners & Help / Re: alternatives to trading bitcoins on: May 14, 2013, 12:49:44 AM
Sure.  If you're willing to send the bitcoins to me, I'll send paypal funds to you.

This is the reason you should read this: https://bitcointalk.org/index.php?topic=177133.0

Looks like the newbie thread has it's uses =)
78  Other / Beginners & Help / Re: Restrictions for newbies on: May 14, 2013, 12:48:06 AM
I think its a decent system, it encourages the use of the newbie forum which is here for a reason. TBH i'd prefer a system which requires a unique email domain ie, can't be from gmail or yahoo. I'm a member on another particular forum that goes by this approach and it works well.
79  Other / Beginners & Help / Re: Ebay sucks. BitBay!!! on: May 14, 2013, 12:39:58 AM
I'm currently checking out www.bitmit.net and it seems cool, i'll try use it for something shortly and see how it all pans out. FYI i found it via www.spendbitcoins.com which seems to be a decent site with a list of places to buy stuff with bitcoins.
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