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welcome to the old news.... it was a month ago...
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i will be cautious at current prices,
until it hits the alltime high, then i will panic buy,
panic sell at 948, and watch is go to ~1900,
then buy back at 1078,
and then sell again a 500.
This is my grand plan, whats yours?
Lolz, what type of plan is this. Anyway, mine was to sell at $250, then buy back at $50, then sell again at $250 and buy back again at $50 and it continues...... problem is: it will never go below 90 usd again! |
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i will be cautious at current prices,
until it hits the alltime high, then i will panic buy,
panic sell at 948, and watch is go to ~1900,
then buy back at 1078,
and then sell again a 500.
This is my grand plan, whats yours?
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Like this?  this is the way forward!!! I think the honey badger mascot thing is ridiculous to be honest.
And why should a currency need a mascot in the first place?
linux has one, its a pinguin, linux is opensource, bitcoin is opensource... see my point? (btw. can't you take a joke?) |
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Honey badger just don't care!!
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Bitcoin is moving beyond a hobby, litecoiners (bagholders) think 7950's in milk crates is ideal infrastructure for the economy. Dump this rubbish for bitcoins while you still have the option.
Aren't those the same guys that backed bitcoin from the beginning till very recently... no, we did not think 7950's was ideal. else we would not have made acis miners... Is there anyone that you can point to that claims milk crates with graphics cards are the "ideal infrastructure", or is this just a generalized snipe at all Litecoin miners? (full disclosure, my 13yr old kid mines a little litecoin on his game computer when not playing games) Do you imagine that FPGA and ASIC will never be made for Litecoin, or any Alt, or do you really believe that the Litecoin supporters don't want them and prefer milk crates? Who is it that is bad-mouthing other types of crypto-currency again?  Lets play nice. We are all friends here. FPGAs and ASICs can be made to mine litecoin, but they would only do a few percent better then GPU's. The reason for this is that the algorithm used in litecoin is mainly memory-intensive, wheres Bitcoin's algorithm is computation-intensive. Ergo, Litecoin miners think that milk crates with GPUs are the best infrastructure for a cryptocurrency. The reason that they think this is because they are narrow minded losers that lost money buying GPUs, when there where FPGAs on the way. |
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Bitcoin is moving beyond a hobby, litecoiners (bagholders) think 7950's in milk crates is ideal infrastructure for the economy. Dump this rubbish for bitcoins while you still have the option.
Aren't those the same guys that backed bitcoin from the beginning till very recently... no, we did not think 7950's was ideal. else we would not have made acis miners... |
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because litecoin brings nothing significant to the table that bitcoin does not have.
+1 That is a poor argument. The same could be said about Hertz vs. Avis, or AMD vs. Intel, or Coke vs. Pepsi. What Litecoin brings to the table is that it is a viable alternative. That doesn't count for much (as shown by the disparity in values), but it does count for something. Litecoin is a couple years behind bitcoin in adoption, and it will be a tough road to mass adoption because it will always be overshadowed by bitcoin. I don't know if it will succeed or not, but I think it will. the Bitcoin/Litecoin is not the same as AMD/Intel or Coke/Pepsi. There is a difference between AMD and Intel, and that difference is significant enough to actually make them competitors. Bitcoin and Litecoin is also different, but they are not so different that it matters. Therefor because bitcoin is biggest, Litecoin will die out. If a altcoin be able to coexist with Bitcoin, it most be different enough |
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Another might be a code implementation.
Wat? You really think that there might be a bug in bitcoin, a software with many expert developers and thousands of active uses, so bad to completely undermine it and unfixable... and you compare it to litecoin, that... I can't even bear to finish the sentence. It's unbelievable. there is bug in the satoshi client, only a fool would say otherwise. On the other hand the bitcoin protocol is open, and anyone is free to implement it, i for one have made my own toy client in python. the problem with litecoin is there is only one client, and that is heavily based upon the satoshi bitcoin client. and i don't think there exists a alternative client for Litecoin(no, i have not researched it). A bug in the satoshi client, would also like be a bug in the Litecoin client. but a bug in the satoshi client would not do as much damage, as there exist alternative clients. |
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how many of you have heard of the ip protocol? this is NOT about OS'es or freedom of speech/choice. its about have a common protocol for communication/money transfers, because that is in the best interest of everybody.
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I bet you all will care when Litecoin gets more attention and it's value has gone up a lot. Like i said early Bitcoin days arrogant people thought the same and didn't care, thought it wasn't going to make it, redditors posting their big sell off stories since their trust was gone because of mtgox/btc/govenment/regulator issues. Look where it's now. You can believe whatever you want, time will tell
cool, just repeat yourself. It is not the same critisism that hit bitcoin when started. Your whole argument is built around that the history of Litecoin is similar to Bitcoin's history. Quick hint for you: IT IS NOT. The reason for this, is that before bitcoin came into existence there existed no such concept as cryptocurency or blockchain. Bitcoin invented this. Litecoin is a copy "made in chain"-style. The void that Litecoin tries to fill, is already filled by Bitcoin. The void that bitcoin filled does not exist anymore, so the chance for Litecoin's survival is very very small. Bitcoin did not exist before Bitcoin existed. But bitcoin existed before Litecoin existed. Litecoin is a reinvention of the wheel. |
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Your a joke
Please explain why, then, you've only said empty statements like "bright future". Also, "you're". There has been plenty of information about Litecoin. I'm sure you have read them, but still not convinced. Makes me think when people where bashing Bitcoin in it's early days, look where it's now. I would say time will answer your question The problem is that in the early days of bitcoin, bitcoin did not already exist. Bitcoin was and is an bright innovation. Bitcoin now exists, and Litecoin is only reinventing the wheel. I don't hate Litecoin, i just don't care about it. |
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Litecoin is special for the mass adoption by merchants and people accepting it as payment. The network is solid.
The only coin that can stand in the shadow of Bitcoin.
is this English? who carez? this iz not grammer skool, itz an onlien forum The problem is the signal-to-noise ratio... when english is written poorly its meaning is lost, obfuscated, or worse. I don't care about grammar, as long as stuff is understandable. |
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Litecoin has no merchants, Litecoin does not have any significant features that Bitcoin does not(nobody cares about the hashing algorithm, except the angry cpu miners that got left behind). The only driving force behind Litecoin is speculation by stupid people, that does not realize that they are worthless.
Im not saying that altcoins are bad or they will all die, but litecoin will not survive becuase its too similar to bitcoin, and we already have bitcoin. A altcoin that could survive or even have a symbiotic relationship with bitcoin, could for example be one where miners could spend others coins after a specific number of blocks. This could reduce the txout set, by the transactions where the key has been lost. Bitcoin could then become long term storage of value, and this new altcoin could become a everyday coin where its only your own loss that you lose your keys, and not the networks.
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just up and down. litecoin is here to stay, dont worry  naa, litecoin will either die out, or be a toy currency. its the second largest network
true, but still insignificant compared to bitcoin. AND has good developers. no other coin has that. lol, no they have not. no cryptocurrency have good developers. |
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Litecoin is special for the mass adoption by merchants and people accepting it as payment. The network is solid.
The only coin that can stand in the shadow of Bitcoin.
is this English? |
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because litecoin brings nothing significant to the table that bitcoin does not have.
(bring on the flamers, im right!)
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There is a equal chance of anyone to but Satoshi, therefor the chance must be 50% each.
Now, if someone somewhere forms a group of 3 people, there is a chance of 150% that Satoshi is included in this group. As groups can be formed in many ways, there must for every person on this earth be at least 2 groups of 3 people that only have one person in common, this people must surely then be Satoshi, and as a consequence everyone and nobody is Satoshi at the same time.
(infallible logic, for the win!)
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...I think that theft would not be a big issue.
...and they are gone! What do you mean kokjo? Even if someone steals one of my computers with the encrypted wallet inside an encrypted folder, they cannot get the bitcoins (I hope). I can always recover my bitcoins with my paper backup. I don't have that many bitcoins anyway. Even if they were stolen it wouldn't be a big deal. Back to my original question: Is it possible at all to use the same armory wallet in two different computers? once you think that security is no problem, it becomes a problem. |
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