What's the point of mining this?
Marketplace looks empty
1K is already being sold for 0.01. Ridiculous.
This currency has existed for a whopping 9 hours, have you ever witnessed a coin launch? The marketplace is peer to peer, like ebay, meaning you can buy and sell whatever physical/virtual item you want. The potential is certainly there. The coin is being sold at 500 satoshi/coin. That's 0.005BTC / 1K credits. Coin is dying already. Lmao I can vouch for PityThePool. Mined 2 hours there with more than 200mh/s. I don't see where you're getting your figures plus the coin just launched. Have patience Look at the ALLCoin market. https://www.allcoin.com/trade/cr_btc |
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What's the point of mining this?
Marketplace looks empty
1K is already being sold for 0.01. Ridiculous.
This currency has existed for a whopping 9 hours, have you ever witnessed a coin launch? The marketplace is peer to peer, like ebay, meaning you can buy and sell whatever physical/virtual item you want. The potential is certainly there. The coin is being sold at 500 satoshi/coin. That's 0.005BTC / 1K credits. Coin is dying already. Lmao I can vouch for PityThePool. Mined 2 hours there with more than 200mh/s. |
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What's the point of mining this?
Marketplace looks empty
1K is already being sold for 0.01. Ridiculous.
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Need a pool. The first pool will receive a 5% mining donation from my 200mh/s. GO
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The issue isnt LOT, the issue is the markets in general. Every thread has it resident trolls, they come out more when the markets are on a downward trend.
Ive been following Mint, Earth, Moon, and some others, its all the same bitching, just different aliases. Everything dropping, and lots of people are losing money, so the amount they can invest in other coins is greatly reduced. Theres been millions wiped off the global market cap over the past few weeks.
With the amount of bitching going on, new commers read these forums, and leave thinking we are a bunch of assholes, alts have no future, its just for scammers, and the ones that do stay and invest, lose money, and the ones that mine earn just pissall. So not a good thing, and it might get worse.
Dont worry guys, the markets will pick up again. But when that will happen, i dont know. Just need to be paitent.
My personal prediction for the short term, is LOT will get down to about 5, then work its way up to about 30.
I hate to bump this thread but you need to check the previous LOT thread (300 pages +). Redcoin and MrLotto are both huge scammers running rigged casinos. There is a reason why interest is perpetually decreasing. Don't fool yourself. Now people were bitching (of course) and mrlotto didn't like all the bad reputation, so he decided to open a new self-moderated thread. Watch him delete my comment. Everytime I post the truth, he deletes it, over and over again. |
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Fubar. Your stupid coin and your incompetent dev cost me more than 0.2BTC in rig rental. I hope you could include me in the IPO for that much. I have proof. Currently 4 rigs mining on Betarigs, 10mh/s for 6 hours.
And that makes you a very special person like the kind that licks windows and wears bright orange helmet.What kind of idiot rents rigs and then bitches about it if a coin launch fails. Go point it at doge where you belong. What kind of idiot rents rigs? I guess there's a bunch of idiots on BCT. No shit, I have the right to bitch about a coin launch. This is the fucking 10,000nd shitcoin launch I've witnessed. People never fucking learn over their mistakes. Holy fuck. So many shitcoins. They're everywhere. Sometimes you try to find the jewel in the rough, and it turns out to be a fucking turd. |
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I was solo mining this and accidentally the entire blockchain.
Is this dangerous?
Pls respond.
you accidentally what the entire blockchain |
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The new dev is looking over all the source code files to find out what went wrong and what we need to do to fix it. We would like to do a re-launch tomorrow, but depending on the errors could take up to 3 days.
I know there are a LOT of angry people, which includes myself, that this whole venture has come to a grinding halt so soon. As with anything new there are bumps, and we will over come them.
You have my utmost sincere apology and I hope that together we can still build and foster a great community.
Refund everyone 100%. Work on relaunch. Pray people have enough faith to buy in again. +100. What a shit launch. Refund those who do not want to participate in your IPO. Is scrypt-jane and scrypt-N the same thing?
Not the same thing. Scrypt N is the same thing as Litecoin, but with more difficulty |
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Fubar. Your stupid coin and your incompetent dev cost me more than 0.2BTC in rig rental. I hope you could include me in the IPO for that much. I have proof. Currently 4 rigs mining on Betarigs, 10mh/s for 6 hours.
Come mine Redd -- redd.oakpool.comREDD is Scrypt. I rented 4 Scrypt-N adaptive rigs, which cost twice to 3x as much. Fuck this shit. There goes my money. |
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Fubar. Your stupid coin and your incompetent dev cost me more than 0.2BTC in rig rental. I hope you could include me in the IPO for that much. I have proof. Currently 4 rigs mining on Betarigs, 10mh/s for 6 hours.
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It doesn't mean anything. Block confirmation is independent of forking. You can be on a random fork and still have block confirms. |
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Lmao. Every pool is apparently on a different fork. We're foked.
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WHICH IS THE RIGHT FORK hahahaha such a fail launch
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Fuck yeah. This is the next NobleCoin, right here. All in.
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I mean, it's /possible/ someone cracked the password and are premining.
Not really. If the dev was smart enough (he is), then the password would be a long key using encryption algorithm |
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because you have 100,000 wolves running to an exit, through a small door, and they don't care too much about the price, as long as it is above .001
the floor price is set, so it is a race to be the first. the behavior of sellers is 100% rational.
there can be no coordination between dozens of individuals and no collusion of prices on the sell side.
we may collude in buying below 0.001, but that's it.
+1. Now there's over 100k of bag holders. I predict the market rate to crash below 0.001. Supply vs demand (none).. |
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You mean the price went higher BEFORE the dev started buying then during trading??
Dev controls the market price. We act accordingly to his sell/buy walls. P.S. Sorry dev. |
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Can everyone set their sells higher please? Thanks :-)
don't listen to him, stupid idea, go lower, go to 0.00002! I'm scared  |
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I like CPU-only, waiting IPO and mining pool.
You like CPU Only? They are the worst coins. Instamine, botnets, CPU farms (which are way cheaper than GPU farms). MemoryCoin has failed in that regard, so will Heavycoin. Good luck with your IPO investment. |
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This is ridiculous. Heavycoin devs should allow investors to request an IPO refund. 150BTC? What the actual fuck? The price is so fucking diluted it doesn't make any sense to invest, yet...
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