AndyRossy you are so full of shit you know that? ... You were absent from the forum for a good 11 months. Only once Litecoin and bitcoin started taking off did you return to the forums. Not once did you post about litecoin during October of last year and May of this year. You, like Sunny Drag Queen, are full of shit and lies. Can't you ever cover your tracks when spewing bullshit from your mouths? lol  Yes, I have followed crypto currency stuff very early, just not always been active on this forum. ?? Then you would know that the exchange for LTC was created 3 days after its launch on BTC-e.com and you would also know the general prices that it traded at for a few weeks were much more stable than your PEE PEE COIN. Nope. |
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AndyRossy you are so full of shit you know that? ... You were absent from the forum for a good 11 months. Only once Litecoin and bitcoin started taking off did you return to the forums. Not once did you post about litecoin during October of last year and May of this year. You, like Sunny Drag Queen, are full of shit and lies. Can't you ever cover your tracks when spewing bullshit from your mouths? lol Yes, I have followed crypto currency stuff very early, just not always been active on this forum. ?? |
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It's standard pump/dump - I mean look at the thread title.
It'll be back down to at least 0.005 within a couple weeks.
So let me get this straight...PPC can do this -----> www.proofofstake.com and it's NOT pump and dump... Yet LTC does this ------> http://www.ltc-charts.com/period-charts.php?period=6-months&resolution=day&pair=ltc-btc&market=btc-e and it IS pump and dump? Are you fucking retarded? Clearly the pump and dump was PPC based on the technical analysis. Look at the amount of hash power thrown at LTC as opposed to PPC.... http://www.litecoinpool.org/statsStop being a hyprocrit and call PPC the same...at least that way I would stop trolling your ass.... Also 0.0086 to 0.005 is 42% decrease
PPC went from 0.001 to 0.0001 a 90% decrease
CLEARLY PPC IS MORE PUMP AND DUMP THAN LTC.Not quite sure if you're being serious the spike up to 0.001 was over a matter of hours, as the price was set up / stabalized. If you went back to LTC's first days of trading you'd find the same volitility. Since then, it's stayed pretty much stable around 0.00015 - 0.00025. Anybody can see this from the graphs. The LTC graphs show many cycles of pump/dump, candle sticks help to show this over 6 months, especially with volume metrics. This is nothing to do with "currency finding it's fair openning price". Maybe you should correlate trends of up and down vs volume on LTC. I'll rung some technical analysis later for you, ignoring the original price adjustment/settlement to trading, you'd have to be crazy to call a PoS currency, especially PPC a pump and dump. Anyway my bet stands as above, it'll be to 0.005 within no time. You saying that LTC is pump and dump and PPC isn't is stupid. When LTC launched the price went from 0.001 to 0.01 and stayed up at 0.009 to 0.011 for at least 2 weeks. Ask Coblee or any other person who was mining and trading LTC last October. You really shouldn't talk unless you were there at the LAUNCH of Litecoin, like I was. Stop acting like you know what you are talking about when you clearly don't. Please ask others and see what response you get. Instead of getting it from me please I encourage a POLL be put up so we can put this bullshit claim that LTC is pump and dump and PPC isnt pump and dump. Care to try? I was around during the launch of LTC, most of the trades were done on the forum / elsewhere, and the price varied just as much. Oh shi. |
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It's standard pump/dump - I mean look at the thread title.
It'll be back down to at least 0.005 within a couple weeks.
So let me get this straight...PPC can do this -----> www.proofofstake.com and it's NOT pump and dump... Yet LTC does this ------> http://www.ltc-charts.com/period-charts.php?period=6-months&resolution=day&pair=ltc-btc&market=btc-e and it IS pump and dump? Are you fucking retarded? Clearly the pump and dump was PPC based on the technical analysis. Look at the amount of hash power thrown at LTC as opposed to PPC.... http://www.litecoinpool.org/statsStop being a hyprocrit and call PPC the same...at least that way I would stop trolling your ass.... Also 0.0086 to 0.005 is 42% decrease
PPC went from 0.001 to 0.0001 a 90% decrease
CLEARLY PPC IS MORE PUMP AND DUMP THAN LTC.Not quite sure if you're being serious the spike up to 0.001 was over a matter of hours, as the price was set up / stabalized. If you went back to LTC's first days of trading you'd find the same volitility. Since then, it's stayed pretty much stable around 0.00015 - 0.00025. Anybody can see this from the graphs. The LTC graphs show many cycles of pump/dump, candle sticks help to show this over 6 months, especially with volume metrics. This is nothing to do with "currency finding it's fair openning price". Maybe you should correlate trends of up and down vs volume on LTC. I'll rung some technical analysis later for you, ignoring the original price adjustment/settlement to trading, you'd have to be crazy to call a PoS currency, especially PPC a pump and dump. Anyway my bet stands as above, it'll be to 0.005 within no time. |
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happy b-day, not just to LTC but to all its users.
as time passes by , LTC so much rememberes me of how it was with Bitcoin , but just a lot faster.
Anyways, for next b-day, ill bake you a cake too
cheers
Perhaps we should select a location and do a "block" party next October. Thoughts? I would be down count me in 2... but, find a location so we all can come is gonna be hard idm travelling to States or Europe. Just let me know when/where. |
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It's standard pump/dump - I mean look at the thread title.
It'll be back down to at least 0.005 within a couple weeks.
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Seems like proper_proper = little Danny Maddox under a new name.
Seriously, a 2 day old account criticizing like this, referring back to solid coin, probably legit, cant be a sock account or dual account surely. Irony in the op post.... but who is op. |
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Just noticed the large increase in network hash rate that seemed to line up with the latest (insane) difficulty jump. Anyone suspect foul play? Or people just getting on board that quickly?  What numbers we talking? |
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happy b-day, not just to LTC but to all its users.
as time passes by , LTC so much rememberes me of how it was with Bitcoin , but just a lot faster.
Anyways, for next b-day, ill bake you a cake too
cheers
Perhaps we should select a location and do a "block" party next October. Thoughts? Sure, i'd be in. |
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I am sure it's been asked a lot, but there are dozens of pages here and searching would not be effective. But can someone tell me how you generate proof-of-stake blocks?
I know that you need to let the money "rot" for 30 or so days and then automagically blocks 'might' appear, but I'd really like a better explanation.
And what about the stake part? By stake I assume gambling where it's a win OR lose meaning I could find a proof-of-stake block or lose my money?
No you don't lose the stake it's only withheld for a few days after generating a block for the network. Here stake means more like shares than the gambling stake. For more explanations on this topic please see our FAQ: https://github.com/ppcoin/ppcoin/wiki/FAQI will probably in next couple weeks put all the information together and form a secondary FAQ. |
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@Op what is the point of this thread?
Demonstrate irony?
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Can someone compare LTC to PPCoin for me? I dont understand PP coin, it seems like the more you hold it the more it's worth, so if the devs premined I rather not use it.
Look at charts on proofofstake.com People here claimed the dev had premined 10m+ and other crazy stuff, so I made a chart from block history, it's all a farce. As for 0.7.0, coblee is a good guy, and good dev imho, but hasnt posted here in over a month. I think he's too busy with other stuff. Maybe one of the other devs could branch it? |
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Not quite sure how this has turned from Dank Bank Deposits - low risk, high interest - 2.5%-3.2% weekly Danks music fund..... Dank Bank Deposits - dank soul guarantee - 1.2%-2.0% weekly - New music Oct. 12 I feel sorry depositors. |
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The thing is, at this point Litecoin actually looks like a credible alternative currency to use along side Bitcoin. It's similar enough that people don't really have to think about it too much, and it has the added benefit of faster confirmations.
And I say this currently owning 0 Litecoins. But I think there is a demand, and probably a growing demand, for a reasonable alternative/complimentary currency to Bitcoin.
The onus is on PPCoin supporters to demonstrate why they think it is a superior choice. Because at this point Litecoin doesn't look like it's going anywhere. And all the criticism towards PPCoin does not seem too out of line from an outside perspective.
I support LTC, I just think as you said, it doesnt really bring anything new to the table. The information about PPC can be read on the white papers for those who are curious.  The criticism to PPCoin, at least the numerical / pump dump stuff isnt really credible, but, other criticisms about the PoS have merit- i think the biggest question at the moment is more offline wallets vs PoS generation, but there is a thread actively discussing which way to take this. |
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In all fairness, the authors of PPCoin admit it is currently not fully decentralized, but they wish to remove these "broadcasted checkpoints" in a future software update - it is used for bootstrapping the coin.
I can't say that I support the idea myself, but it doesn't smell like yet another SolidCoin to me, just leaves a bad taste.
It seems to me that in order for a coin to become soiledcoin, the coin's dev must pick a fight with an uber-hacker. Pretty much this. And this. Most the complaints about PPC are from smoothie, and dice/greedi. All well known LTC speculators. BITCH!, i told you to get me beers!, wtf is up with up.. i TOLD you on IRC to get my beers, you KNOW your my lttle BITCH!! anwser me on IRC bitch, or are you to bitched to do that? 19:55 -!- Greedi [~Host@unaffiliated/greedi] has joined #ppcoin
19:55 < Greedi> andyrossy, you are my little bitch, now.. go get me some beers!!
19:56 -!- DiCE1904 [~Host@70.114.176.253] has joined #ppcoin
19:57 < Greedi> andyrossy?, bitch.. GET ME MY BEERS!
20:01 < Greedi> andyrossy, i said, GET ME FUCKING BEERS BITCH!
[20:31] [andyrossy(+i)] [9:#ppcoin(+cgnt)] [Act: 2,3,4,5,6,8,12,13,16,17,18,19,20,22]
[#ppcoin]
If you and Dice have anything to say, say it here. I know you're upset that I've called LTC out for it's pump/dump mechanic, as have amny others, and shown your LTC scam here, but no need to get childish. |
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The PPCoin proof of stake system does exactly what it is supposed to do:
Amplifying the early adopter benefit to the point where it becomes useless for any other useage except pump & dump. If you have lots of cash and think you can corner the market you can probably get quite a bit of profit by doing it.
Not really, have a look at the charts on http://www.proofofstake.com I think compared to other currencies, PPC has the most valid argument for not being this pump/dump currency due to it's innovative minting vs difficulty construct. Could you explain why it may the opposite? where is the graph of PPC worth....where you can see that it was already pumped and dumped
ElectricMucus could be right, there still might be another one left in it.
No graph shows this, unless you can link me to one? have a look at the ltc ones at ltc-charts - it's a regular cycle if you check the trade volumes. |
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In all fairness, the authors of PPCoin admit it is currently not fully decentralized, but they wish to remove these "broadcasted checkpoints" in a future software update - it is used for bootstrapping the coin.
I can't say that I support the idea myself, but it doesn't smell like yet another SolidCoin to me, just leaves a bad taste.
It seems to me that in order for a coin to become soiledcoin, the coin's dev must pick a fight with an uber-hacker. Pretty much this. And this. Most the complaints about PPC are from smoothie, and dice/greedi. All well known LTC speculators. |
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If you have a large enough stash of coins you can do a history rewrite of arbitrary size. Particularly, you can rewrite last few blocks to do a practical double-spend.
Not the case at all (see the white papers please.), and even if you it *was* the case... consider bitcoin, to buy even 10% of bitcoin market, would cost $12million. This is more expensive than a 51% attack, and, and you'd need more than 10% of the cap. |
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Here's comes the dump. -10% in 5 hours.
Thanks for this thread, it seemed to do the purpose of the pumpers, helped fuel it up enof for them to start dumping.
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