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781  Alternate cryptocurrencies / Altcoin Discussion / Re: litecoin dead ? on: November 08, 2013, 09:35:18 PM
Ah, I got you.

IMO, the people who say the following are clowns:
1. Litecoin will overtake Bitcoin
2. Litecoin will die or is dead/dying

Two words again are the main argument for my reasoning: network effect

Litecoin is the most popular ALT and it is here to say. Sorry if that makes you angry, but you need to learn to deal with it.
I'm not disagreeing with that. I like litecoin. Just not at it's current price point. It's fueled entirely by uninformed speculation and rampant greed.
782  Alternate cryptocurrencies / Altcoin Discussion / Re: <ANN> 20 Million Incakoin Bounty $5000 USD Cash Reward on: November 08, 2013, 09:29:46 PM
Stupid.
783  Alternate cryptocurrencies / Altcoin Discussion / Re: litecoin dead ? on: November 08, 2013, 09:12:38 PM
u just mad u sold at $4 and try to bash it so u can buy cheaper
Yes, you figured out my master plan. Very mad at the near 2000% profit that I made. Roll Eyes

Idiot. Enjoying being a bagholder when the price collapses again. This is literally a repeat of what happened earlier this year. Have fun when this guy decides he wants out:

784  Alternate cryptocurrencies / Altcoin Discussion / Re: litecoin dead ? on: November 08, 2013, 09:03:46 PM
Again, LTC does nothing that BTC is incapable of. If BTC is gold, then mBTC is silver. It's infinitely divisible for a reason, dweebs. The LTC crew is just fool of the clowns that missed the BTC boat and are looking for something else to pump to get massive returns on.

Don't get me wrong, I liked LTC back when it was 20 cents, and even more when I dumped it at over $4. But by all means if you want to be a bagholder, then go ahead.

If something is gonna be the "silver to bitcoins gold", it sure as fuck isn't gonna be a fork of bitcoin.

Im getting sick of you anti LTC fuckers. LTC doesn't have to do anything big differently to shine, its already slightly different go and read it. What do you mean missing the BTC boat, do you have a problem with those who are playing smart and investing in LTC? you yourself sold at $4 so you invested yourself also, how dare you to take your profit out of LTC and bash it.
Yes, because that's all it's good for; pump and dump.
785  Alternate cryptocurrencies / Altcoin Discussion / Re: litecoin dead ? on: November 08, 2013, 07:12:09 PM
Again, LTC does nothing that BTC is incapable of. If BTC is gold, then mBTC is silver. It's infinitely divisible for a reason, dweebs. The LTC crew is just fool of the clowns that missed the BTC boat and are looking for something else to pump to get massive returns on.

Don't get me wrong, I liked LTC back when it was 20 cents, and even more when I dumped it at over $4. But by all means if you want to be a bagholder, then go ahead.

If something is gonna be the "silver to bitcoins gold", it sure as fuck isn't gonna be a fork of bitcoin.
786  Alternate cryptocurrencies / Altcoin Discussion / Re: litecoin dead ? on: November 08, 2013, 06:37:59 PM
You know the Bitcoiners are getting scared just by the responses in this thread. You can almost taste the fear dripping off every sentence.

I'm telling you guys now, when Litecoin goes on Mtgox and Coinbase and btcchina etc Bitcoin is going to drop like a rock when investors realise what open source means and Litecoin will rise.
I personally think it's hilarious that the next generation of bagholders is excited about their investment.

Do you honestly think LTC has enough going to support it's current $100,000,000 market cap? Cheesy

the same question goes for BTC, but it doesnt stop me from buying and investing in both, you like it or not this is how it works....
BTC has first mover advantage, a ton of merchant support, hundreds of talented developers all over the globe, dozens of well funded startups, and interest from big investors.

What does LTC have? Not much more than any other shitcoin in this forum, except it's been around longer.
787  Alternate cryptocurrencies / Altcoin Discussion / Re: litecoin dead ? on: November 08, 2013, 06:32:11 PM
You know the Bitcoiners are getting scared just by the responses in this thread. You can almost taste the fear dripping off every sentence.

I'm telling you guys now, when Litecoin goes on Mtgox and Coinbase and btcchina etc Bitcoin is going to drop like a rock when investors realise what open source means and Litecoin will rise.
I personally think it's hilarious that the next generation of bagholders is excited about their investment.

Do you honestly think LTC has enough going to support it's current $100,000,000 market cap? Cheesy
788  Alternate cryptocurrencies / Altcoin Discussion / Re: Want INCAKOIN? YOU CAN"T HAVE NONE!!! on: November 08, 2013, 06:19:21 PM
You know the whole point of this campaign for INCAKOIN is to support diversity. If you only shop at Wal-Mart it cripples all the competition. Monopoly and trust are horrible for the world. It destroys local economys and with no way of shutting Bitcoin down it has become WAL-MART. Hate me if you will but, my only intentions are providing true competition to a coin that has become autonomous. And with no kill switch that can be very dangerous to EVERYONE.

Translation:

Monopolies are bad, so pick my monopoly. I didn't get in on the bitcoin train and now I'm butthurt.
 

No but, I got in on the train on your mom and I give her a 3 out of 10... She's such a cock whore.
Truly a developer we can put our trust in! Dump all BTC for NKA immediately!
789  Alternate cryptocurrencies / Altcoin Discussion / Re: litecoin dead ? on: November 08, 2013, 04:49:16 PM
LTC is rising because the ignorant chinese investors don't know what they're buying into. You might recognize this as the same situation that occurred during the first litecoin bubble to $5.

Expect a nasty plummet soon.
790  Alternate cryptocurrencies / Altcoin Discussion / Re: [PPC] Press Release - Peercoin is the official crypto for Trek Con Springfield on: November 07, 2013, 11:22:12 PM
I think this is dumb. You should promote Bitcoin at Trek Con and not an alt coin. It makes no good to people who never heard about crypto currency.

Considering one of the concerns of Bitcoin (to overcome trust based models for financial transactions; chapter "introduction" on page 1) I can't find anything bad with the Peercoin approach.
Bitcoin definitely took up the cudgels for nothing less than a possible start of a financial revolution. And I admire Bitcoin for that. It has not been the first attempt to do that, but it is the first quite successful attempt as far as I can tell. I like the concept of trusting the currency but no other entities.
There was a time when no one has heard about Bitcoin. And there still are legions of people who haven't heard up to now. So I don't knwo why I should prefer Bitcoin over Peercoin if they don't know anything about crypto currencies. And if the already know Bitcoin, they can learn something new Wink
So why not promoting Peercoin then if it overcomes one of the greatest drawbacks of Bitcoins concept? Peercoin relys on Bitcoin. It has its strength, but doesn't share its weknesses in terms of wasting elecric energy. For sure the energy is not really wasted. The security and integrity of the block chain is ensured by the Proof-of-Work process.
But isn't it much more elegant to do so without using so much energy? That's why I consider it a waste - compared to Peercoin's Proof-of-Stake.
In this area Peercoin does better. That's why I'm more committed to Peercoin than to Bitcoin. I love Bitcoin for having started this. The evolution has not stopped at Bitcoin Wink
PoS itself is highly flawed and opens the door to several vectors of attack. Double spending in particular becomes magnitudes easier. One can simply reuse their stake until the attack is successful.

Isn't PoS a good concept though?  The energy saving nature of it seems worthwhile.  If PoS has these issues can't they be addressed?
PoS is fine if you want to use it for interest generation / inflation purposes. But using it to secure the blockchain is a bad idea. A certain coin will run into this problem very soon...

The very nature of PoS means that coinstakes are reusable. It's not an easily addressable issue.
791  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [MΣC] Megacoin.co.nz - New formula is live on: November 07, 2013, 06:47:53 PM
It's not cognitive dissonance, its called optimism, having a positive frame of mind - but I can clearly see that is an attribute you seem to lack.
Your optimism does not affect the fundamentals of a market.

If you think some shitty services that no one really needs like paper wallets and android wallets are gonna boost your wealth by 300%, well I've got some bad news for you...

PS: Both of these things are open source and would take no more than a day to port over to megacoin. What's the holdup? Huh
792  Alternate cryptocurrencies / Altcoin Discussion / Re: [PPC] Press Release - Peercoin is the official crypto for Trek Con Springfield on: November 07, 2013, 06:37:22 PM
I think this is dumb. You should promote Bitcoin at Trek Con and not an alt coin. It makes no good to people who never heard about crypto currency.

Considering one of the concerns of Bitcoin (to overcome trust based models for financial transactions; chapter "introduction" on page 1) I can't find anything bad with the Peercoin approach.
Bitcoin definitely took up the cudgels for nothing less than a possible start of a financial revolution. And I admire Bitcoin for that. It has not been the first attempt to do that, but it is the first quite successful attempt as far as I can tell. I like the concept of trusting the currency but no other entities.
There was a time when no one has heard about Bitcoin. And there still are legions of people who haven't heard up to now. So I don't knwo why I should prefer Bitcoin over Peercoin if they don't know anything about crypto currencies. And if the already know Bitcoin, they can learn something new Wink
So why not promoting Peercoin then if it overcomes one of the greatest drawbacks of Bitcoins concept? Peercoin relys on Bitcoin. It has its strength, but doesn't share its weknesses in terms of wasting elecric energy. For sure the energy is not really wasted. The security and integrity of the block chain is ensured by the Proof-of-Work process.
But isn't it much more elegant to do so without using so much energy? That's why I consider it a waste - compared to Peercoin's Proof-of-Stake.
In this area Peercoin does better. That's why I'm more committed to Peercoin than to Bitcoin. I love Bitcoin for having started this. The evolution has not stopped at Bitcoin Wink
PoS itself is highly flawed and opens the door to several vectors of attack. Double spending in particular becomes magnitudes easier. One can simply reuse their stake until the attack is successful.
793  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [MΣC] Megacoin.co.nz - New formula is live on: November 07, 2013, 05:28:21 PM
It won't take much for Megacoin to double, or quadruple from here. I guess you haven't been following the news? I figure by the time the new Android wallets, paper wallets, auction site, a couple stores, and a "bit" of Kimoto's magic, we are easily looking at 300% to 500% return over the next 6 months. I would much rather have steady earned growth, than a spike due to short term speculation.
You are delusional. These are worthless things that add nothing to the value of a coin. Not sure if you guys actually believe half the nonsense you post in this thread, or it's just cognitive dissonance manifesting.

Logarithmic chart of bitcoin shows that these gains are legitimate, and nowhere near the parabolic level we saw during earlier bubbles.



Have fun with your sinking ship.
794  Alternate cryptocurrencies / Altcoin Discussion / Re: OpenEx: OpenSource Exchange- New Screenshots. 11/7/13 on: November 07, 2013, 10:00:32 AM
I like.
795  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [MΣC] Megacoin.co.nz - New formula is live on: November 07, 2013, 09:50:18 AM
How's your megacoin doing? Huh

Personally, I'm enjoying ludicrous returns on my BTC.
796  Alternate cryptocurrencies / Altcoin Discussion / Re: TIX Pump Coming Soon on: November 07, 2013, 12:28:27 AM
Roll Eyes
797  Alternate cryptocurrencies / Altcoin Discussion / Re: INCAKOIN. A Rev·o·lu·tion·ar·y New Technology!!! on: November 06, 2013, 02:45:36 PM
You are perhaps the shittiest marketer I've ever witnessed.

If bitcoin is coke, then incakoin is a flat bottle of RC cola.
798  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][NYM] NaanaYaM - The New Crypto-Currency [SHA-256 PoW/PoS] on: November 06, 2013, 04:28:57 AM
This is the bitcoin killer Roll Eyes
799  Alternate cryptocurrencies / Altcoin Discussion / Re: A call for an early adopters on: November 04, 2013, 09:16:27 PM
Boring.
800  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] TagCoin - The World's First Rewards Coin - Released on: November 04, 2013, 02:20:26 PM
Use mTAG as the default denomination then... Simple.

Units of denomination are arbitrary anyway. If the demand is there, price will rise.
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