A way to convert cash into the currency in question.

Period.

Anyone who thinks these coins aren't being driven up in price because they are used to launder money and/or buy illegal products on the internet is delusional

Sorry, but whether you agree with it or not that is what is going on. The only reason people buy any coin as an investment is because they think more people will buy drugs. The silent majority of people who actually spend these coins are drug users who want a way to convert small amounts (relatively speaking) of their home currency into a way to purchase drugs they do not have access to in their area.

Which is why it is naive to think Bitcoin is better than Litecoin simply because there is less in existence and it was first.

buy coins with cash, send to website on TOR, spend on drugs

it's the same process for any coin, Litecoin just does it 4 times faster

Get your heads out of the sand

- a website similar to bitinstant that allows for cash deposits to be converted directly into litecoins and sent to an address
           
- increased traffic to Atlantis Marketplace

I look at it like a political election, bitcoin is the clear majority right now but litecoin is the closest second with like 15 independents all in a clusterfuck below that. If some things happen to make it equal to bitcoin in functionality, it is really the one coin that could skyrocket in value considering there's actually places to spend it on.

Am I the only one who is seeing this? Faster confirm times are such a godsend when transferring funds around. I got spoiled to be honest, had to move a small amount of btc today and might as well have watched a NASCAR race because I swear it took longer than usual.

Just look at it from a purely objective standpoint, and you'll see there is no difference between Bitcoin and Litecoin, just what people perceive their value to be.



 
 

does bitinstant not have the cash deposit option anymore since Dwolla got cracked down on?

that was how I was getting my coins, was the easiest and most convenient and im kind of pissed right now because I was all set to get my payment slip and had to do a double take at the screen.

If it's truly gone, anyone know a reliable service besides localbitcoins that will allow for cash ----> bitcoins?

I've been trying to post in alternate cryptocurrencies for like almost a month now and every time I come to this site I cant reply to anything.

Like how many posts does a man need to gtfo out of the newb zone I just want to say a sentence like I had no idea it was going to be such a arduous journey to do that