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1541  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] LOTTO COIN - The coin thats a game! Released 12/12/13 on: December 21, 2013, 09:22:28 AM
Really?  I was mining this launch day.  Sold about 4m myself.  But yes, 2BTC per M is deluded imho.  Its being dumped because people can cash in at high prices now, for something that will ultimately go the way of DOGE, but much quicker imho.

Obviously, the earlier you mine, the more you get. Mining on launch day with any reputable coin would generate high amounts of profit.

Now, I edited a post (check two posts earlier) in which I compare the coin cap of DOGE and LOT.
I proposed a hypothetical example in which DOGE has the same coin cap as LOT. (100B vs 18B)
At current rates, DOGE is 15x times more profitable than LOT.

It's safe to say DOGE is (quite obviously) over-inflated.
But still, should LOT double or even triple its value, it should still remain in DOGE's shadow.
Therefore it's not a crazy assumption to say it could reach at least 1BTC/M. (7x less coins, 33x harder to mine)
1542  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] LOTTO COIN - The coin thats a game! Released 12/12/13 on: December 21, 2013, 09:01:39 AM
Surely "accurate" price is set by the sellers.

There has been trades done privately on here for 0.11 per M LOT.   I honestly think that at 0.45 per M, people are right to dump.   There have been hundreds of millions of these mined in the early weeks, if people think it's then going to hit an exchange for 10btc per million, they are deluded.

That would make mining with 4 7970's return about $6,000 a day. That's taking the early mining rates of about 1M LOT per day with a rig like that and today's BTC price.

If I had my 4m to sell again, I'd be dumping as fast as I could at .45 per Million LOT.

Not at all. I sold 1M doge @ 0.1BTC in the early days. Little did I know. Would you call me deluded if I thought it would hit 2BTC/M?

0.11M/BTC is an early rate. This was going on before any kind of good news..

Now the coin is going on Cryptsy. Difficulty is shooting up. It's going to hit other exchanges. I think you're simply late. You're the only one to blame.

Be careful. I said 1BTC/M in the next few hours. Certainly not 10BTC/M. That's absurd.
1543  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] LOTTO COIN - The coin thats a game! Released 12/12/13 on: December 21, 2013, 08:24:37 AM
If anything, the coin should be worth at least as much as DOGE, in terms of Coin per BTC.

Yet it is 33x times harder to mine (~30K/block vs 1M/block).
There are 7x times less total coins. (18B LOT vs 100B DOGE)

If DOGE had the same coin cap as LOT (18B as opposed to 100B), each dogecoin would be worth 7 times more, right?

At the current trading rates of DOGE (time of posting), in comparison to LOT, we can compute:

 - 5.18BTC/M for DOGE (if cap = 18B)
 - 0.35BTC/M for LOT

-> DOGE is 15x more profitable than DOGE, all variables involved.

Therefore, I don't think it's crazy to assume that LOT could double or even triple its value over time.

Sellers, stop dumping.
1544  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] LOTTO COIN - The coin thats a game! Released 12/12/13 on: December 21, 2013, 07:01:22 AM
Who's dumping again? If you are driven by selfishness and choose to dump for your own profit, why not do so at a higher price?
At the current rates we're going down to 0.4BTC/mil. We should be reaching 1BTC/mil at the very LEAST.
This is more than 2x your current profit.

- The coin is very difficult to mine at the current difficulty.
- Difficulty will increase exponentially.
- It will go on Cryptsy extremely soon.
- Possibility of hitting other exchanges as well.


If you sell low,

YOU WILL REGRET.
STOP SELLING TO LOWBALLERS. (< 0.5BTC/M)

HOLD!


Those who buy @ 0.35BTC/mil have an amazing chance to literally triple their money. THIS COULD BE YOU.
1545  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN - NEW COIN JUST LAUNCHED] *EarthCoin* Is Here To Make A Splash For 2014! on: December 21, 2013, 06:50:55 AM
Selling 50K. Offer your price. I may even give them in a giveaway thread. This coin is a failure.
1546  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN - NEW COIN JUST LAUNCHED] *EarthCoin* Is Here To Make A Splash For 2014! on: December 21, 2013, 06:23:38 AM
Selling 50K EAC for BTC. PM me your prices. I trade in increments. You go first.
1547  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] LOTTO COIN - The coin thats a game! Released 12/12/13 on: December 21, 2013, 06:13:50 AM
OMG the pool I'm on just took 1 whole hour to complete a block at over 30MH/s and the block had only 744.00 coins........ I made 8 coins in an hour! lol This increase in difficulty is a lot!

That's bad luck! Another reason why the coin is called LottoCoin!

I see many people buying @ 0.4BTC/mil on CoinedUp. They're very lucky. They'll double their investment once this hits Cryptsy.

Advice to sellers: Stop dumping if you wish for your coin to hold its value! This is not Doge
1548  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN - NEW COIN JUST LAUNCHED] *EarthCoin* Is Here To Make A Splash For 2014! on: December 21, 2013, 06:01:34 AM
21 pages wow, the website has been updated to reflect some of the info in the OP and to start further branding - there's a lot of marketing assets on the bottom of the page too with more to come.

CHECK OUT THE SITE >> http://www.EarthCoin.biz

Looks like so far so good! Diff up, pools on, here we go!!

Dude, terrible website. Single page website? Awful layout. I hope you'll improve it. Extremely amateurish
It's unorganized, image size should be reduced, etc.
1549  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] LOTTO COIN - The coin thats a game! Released 12/12/13 on: December 21, 2013, 05:50:03 AM
Coin soon on Cryptsy. I'm very eager to see where this goes.
Current trading rates on CoinedUp average 0.6BTC/mil. Not bad!

Make sure to hold, still.
1550  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN - NEW COIN JUST LAUNCHED] *EarthCoin* Is Here To Make A Splash For 2014! on: December 21, 2013, 05:21:48 AM
Unless you own at least 20Mh/s I wouldn't even try to mine for now.
Without a doubt, difficulty will drop in the next few hours, as miners slowly quit this coin because of the increasing difficulty.
Early mining is supposed to be profitable due to low diff. In this case, it's certainly not.
1551  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN - NEW COIN JUST LAUNCHED] *EarthCoin* Is Here To Make A Splash For 2014! on: December 21, 2013, 05:06:16 AM
Wait how can the difficulty be so high??? The wallet was released minutes ago!
Who solo mined?
1552  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] LOTTO COIN - The coin thats a game! Released 12/12/13 on: December 21, 2013, 04:17:02 AM
Ok, but what makes this coin so different from Tickets or Casinocoin for example. They could be used for lottery or am I wrong?

Galimore, you're wrong. Each coin has its purpose, and LOT doesn't fail at that.

The major failure in most coins is an increasing lack of interest from miners as difficulty increases.
Therefore, at some point, most miners (but a few) will stop mining. (Reward vs Effort)
Supply of miners will soon become nonexistent, and in the end development will stall.

Now, as I said, LOT has its purpose. Why?

This is the only coin that will offer continuous interest for new miners because of the opportunity to win a big block.
Therefore, the coin will always be backed by a huge supply of miners.

What does it imply?

If you consider the above true, then we could expect, potentially, everlasting stability of LOT's price.
With a valuable supply of miners, one can't expect the price to crash radically; as I said, there will always be interest in the coin.

As an example, DOGE. No one wants to mine anymore. Think about any coin that is currently dying.
With no interest from miners, we'll see a huge drop in the price of the coin. This can't happen with LOT.
1553  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] LOTTO COIN - The coin thats a game! Released 12/12/13 on: December 21, 2013, 03:31:45 AM
what you think it's the right price for LOT in the near future?

i would project in the short term 500k LOT/ 1BTC

Once this goes on Cryptsy, yes.
33x as hard to mine than Doge. (30k/block vs 1M/block)
Just make sure not to dump too low on Coinedup. You will regret it.
The best you could do is buy as much on CoinedUp right now while rates are still very low.

HOLD, don't DUMP. Buy as much on Coinedup. Price will rocket on Cryptsy!
1554  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] LOTTO COIN - The coin thats a game! Released 12/12/13 on: December 21, 2013, 03:06:16 AM
Anyone who has a valuable amount of coins, I would heavily consider holding them. Just throwing around a good tip.
Dumping doesn't help the price of the coin, neither does it help your wallet
1555  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] LOTTO COIN - The coin thats a game! Released 12/12/13 on: December 21, 2013, 02:29:15 AM
THANKS MRLOTTO!

Let's make it happen! LOT to the moooon

Soon 0.5BTC+/Mil on CoinedUp!


100-200k/day at current difficulty (3.0) with 1MH/s

33x times as hard to mine than dogecoin. Imagine the profit.


HOLD
1556  Alternate cryptocurrencies / Altcoin Discussion / Re: How much khash/s do you get mining? on: December 21, 2013, 12:32:42 AM
11 Mhash/s from 17 @ 7950's
I have another 21 R9 280X's that I am slowly bringing online this and next week.  It's going slow as I am having power and cooling issues as well as I have not really figured out the best settings yet.  These new 280X's are 5 different brands so that might be a challenge.  I am hoping for another 15 Mhash/s from them.

That's an epic setup! How many rigs? Cost of components?
What is ROI? what coin do you mine?
1557  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] LOTTO COIN - The coin thats a game! Released 12/12/13 on: December 20, 2013, 11:27:50 PM
Where is MrLotto these days? Never even heard of that guy
Last time he was active was 2 days ago!
1558  Alternate cryptocurrencies / Altcoin Discussion / Re: LOT / BTC Google Docs Exchange on: December 20, 2013, 09:53:36 PM
Reminder for all sellers, LOT will soon be on Cryptsy.
I would heavily consider holding the coin.
Sooner or later it will be worth much more.
1559  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] LOTTO COIN - The coin thats a game! Released 12/12/13 on: December 20, 2013, 05:56:33 PM
Only 2 days left to invest your lottocoins!

Click here : Coinbomb.biz/lottocoin

Easy way to win 120%!

LOT4 is still at 2.5M. Two rounds before 3.5M!
1560  Alternate cryptocurrencies / Mining (Altcoins) / Re: [ANN] cudaMiner - a new litecoin mining application [Windows/Linux] on: December 20, 2013, 05:26:33 PM
Alright, I managed to tweak my settings and keep almost the same hash rate but below 100% TDP and well below on the temps too. I love this 660 ti so much haha
And anyone with Mine-Litecoin that hasn't heard, site is back up and running beautifully

Settings for GTX 660TI? Using K7x32 and only getting 295kh/s! My overclock is also bigger than yours
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