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1  Other / Beginners & Help / Re: What Coin/Digital currency will survive? on: June 05, 2013, 12:08:53 AM
Some alt currencies need to survive and get big in order to keep mining profitable. So I guess it will be a non-scrypt currency. Whatever currency that will be. Wink
2  Other / Beginners & Help / Re: how soon did you start mining after first hearing about bitcoin? on: June 03, 2013, 08:01:59 PM
I began instantly as it drew my attention immediatly and it hasn't decreased one little bit ever since then. Cheesy
3  Other / Beginners & Help / Re: Recent BTC price drop on: June 03, 2013, 07:32:36 PM
Well, ASICs miners work much more efficient than GPUs or FGPA so prices will drop a little since those ASICS-miners still operate on a healthy basis, even if the price drops. Therefor the price is more likely to drop, since those miners can afford it while still making lots of profit and pushing others out of the market.
4  Other / Beginners & Help / Re: Why do you have BTC's? on: June 03, 2013, 06:47:26 PM
It's like a game or a hobby and I like to gamble just for the fun of it.
5  Other / Beginners & Help / Re: what happens in next few months with bitcoin vs litecoin on: June 03, 2013, 06:37:04 PM
I think with gpu miners switching to litecoin when asics become mainstream, you would see these miners ''dumping'' litecoin for bitcoin, and bringing the litecoin/bitcoin price 'down'! (until they realise how much faster and more commercial litecoin is, compared to bitcoin) Although bitcoin in my eyes will prevail as a secure store of value, I don't see it as a currency you would buy your bread and milk with at your local store in the future. Get ready for dirt cheap litecoins people!  Grin

I couldn't agree more. All those bodements of LTC skyrocketing just because LTC will be added on gox is just wishful thinking. Why would they need gox? On sites like btc-e you can exchance LTC for USD and the price is not rising at all.

On the other hand: some alt currency needs to get big in order to keep mining profitable. But I doubt it'll be LTC.
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