Looking at the long term graph YTD, are we currently at a line of resistance for ltc/usd. Possible that it may dip in price first? Also alot of people putting value going up towards litecoinglobal... but this is just a single service and should we not be worrying that we are going through yet another bubble?  LTC is just a pump/dump/spread FUD currency. The new investors always lose out; that's all these graphs show. |
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Vescudero is a scammer. This payback is to build trust for the future.
I laughed. I guess you can always use this argument. |
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Updated trust info. Still happy to hold another 35BTC.
 give it up dude. The well is dry. You are a year too late. Not quite sure.... if people listen.... to bad poker player.... giving investment advice.... calling any lending/saving a "ponzi". |
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Updated trust info. Still happy to hold another 35BTC.
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Liking this constructive discussion, good  |
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Made me smile |
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So there is a backdoor, and you know what it is?  There definitely exists a "magic number" which allows whoever knows the magic number along with 32 bytes of the PRNG output to completely predict the rest of the output. The algorithm designer may (or may not) have had a specific magic number in mind when designing this algorithm. If so, it's a backdoor. If not, it's not (but there's no way to know for sure). Consider also that this algorithm is about a thousand times slower than other PRNGs and produces random numbers with a slight bias, making it an extremely poor choice even if it doesn't have a backdoor. The only reason I can think of for the NSA to endorse such an obviously flawed algorithm is that it's the only one they were able to get a backdoor into. What other explanation is there? Sounds like a trap. |
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Really nice charts and great work! I would love to see these charts added: - money supply
- market capitalization
Aha well there's already a "daily mint" graph, so a cumilative one of these for money supply? I'll look into Market Cap. |
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Won't you receive the same POS if you kept it yourself?
No, I think it's 1%/year roughly for Proof of Stake. Obviously this is -EV for me long term as i'd be holding the same amount of money "invested" in a transparent account as a guarantee (e.g. I could just invest this money myself without giving 1% interest), but I think it's more an an idea to create a use for some PPC / reason to hold them than create profit if this makes sense? |
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Hi
I would like to propose a small investment mechanism that provides 1% interest on PPC per month, in very low risk investments. I currently hold an amount of PPC, and, most of the interest could be guaranteed by my own PoS's, and the assets guaranteed by my own PPC. I'd be willing to store my own PPC in a publicly viewable address.
Would this be of interest to anybody? It provides a greater return than the PoS blocks.
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Bumpity bump bump still got space for 35BTC. |
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Yes, ASICS for LTC could easily be made, just like for BTC.
With enough funding yes. Right now it is a multi million dollar endeavor. Please if it is so "easy" you should have no problem getting it done right? It would be cheaper for a company to do the same with LTC, as, many have already done for BTC (the foundations have been setup/processing chains from BTC) I am not an ASIC company, i'd expect any ASIC company that had made/is making one for BTC, would probably say it was technically very easy to make. Do you not think, if it became profitable for a company to make an ASIC for LTC, just like BTC, they wouldnt do it? It would be factors cheaper compared to the first ones for BTC, and significantly quicker to production/shelf. I believe they would. Right now it's not worth the cost if LTC fails. LTC is still growing and it's price isn't anywhere near as attractive to an ASIC manufacturer to start production. That would be cool but i dont see it happening for at least another year. I do not believe they will anytime soon because they think it's too risky. The LTC exchange rate has nothing to do with it, it's if or if not it's profitable. All the other other alt-chains that modified paramters of BTC go through cycles of large holders pumping/dumping - LTC Charts people get others to buy through various means. If the ASIC developers did not think it was risky, then, they'd develop them now, as mining LTC is profitable Coinotron, it's even, if you ignore the inflated price ready for the next dump, more profitable than BTC. |
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Etlase2 and smoothie, why dont you guys go and try and trash another thread, or go give LTC threads some trash.
Hey if I ask a question and there isn't an answer to it besides bullshit propaganda I will keep asking the question. Obviously your "leader" sunny KING doesn't know the average salary of a software engineer in making his $100k-$200k appraisal of his L33T programming skills. Seriously even Coinshiiter talked so highly about how much he was paid as a software enginner/programmer. AndyRossy, if you don't like it keep crying okay? Thanks Your best friend, Smoothie  Sorry, what is the question? The question is: How much time has really been put into PPC and actual honest evaluation of total cost based on his time developing PPC? I don't buy his $100k-$200k estimate. It's bullshit. That is what I call "pump" in the scheme called "pump and dump". "hey look at how much time I put into PPC. It must be worth lots so buy it"......is how I translate that. This is nothing to do with "ppcoin transaction fees", and is probably best made asking op directly. But, i'll feed you a little. I feel that Sunny King has contributed a lot of time to this project, and is valuable to the community. I dont really care if you buy, or not into whatever estimate. I see a project being developed, with unique traits over all the other alt chains. Im here to invest time into things I feel are a worthy cause and competitor for the BTC clones. A friendly suggestion, maybe you should go and find something to invest your time into. Anyway please, lets try and keep this on track and analytical. If you have other questions, why not make a thread, or if its a direct question to the dev just pm him. |
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Etlase2 and smoothie, why dont you guys go and try and trash another thread, or go give LTC threads some trash.
Hey if I ask a question and there isn't an answer to it besides bullshit propaganda I will keep asking the question. Obviously your "leader" sunny KING doesn't know the average salary of a software engineer in making his $100k-$200k appraisal of his L33T programming skills. Seriously even Coinshiiter talked so highly about how much he was paid as a software enginner/programmer. AndyRossy, if you don't like it keep crying okay? Thanks Your best friend, Smoothie Sorry, what is the question? |
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Yes, ASICS for LTC could easily be made, just like for BTC.
With enough funding yes. Right now it is a multi million dollar endeavor. Please if it is so "easy" you should have no problem getting it done right? It would be cheaper for a company to do the same with LTC, as, many have already done for BTC (the foundations have been setup/processing chains from BTC) I am not an ASIC company, i'd expect any ASIC company that had made/is making one for BTC, would probably say it was technically very easy to make. Do you not think, if it became profitable for a company to make an ASIC for LTC, just like BTC, they wouldnt do it? It would be factors cheaper compared to the first ones for BTC, and significantly quicker to production/shelf. |
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Yes, ASICS for LTC could easily be made, just like for BTC.
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last action posted there was 2012-09-29 22:56:13
If this site is dead please return the funds and announce it as such.
Yeah, its been over a day for me now. Both bets were never returned with a win nor lose. =/
Im sure these guys are still, nearly 3 weeks on "working to correct the odds" on their home page. Seems legit. |
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Yes, currently it's just PoW, will add another for PoS overlay at some point. I think it currently shows the average between POW and POS... Aha, apologies, you're nearly right, it's the sum of PoW/PoS in the mint And, in the difficulty, it's just PoW Table has generation_time, mint, id. Mint SQL: my $sth = $dbh->prepare("select extract('epoch' from date_trunc('day', generation_time)) || '000' as date,sum(mint) as mint from block_history group by date_trunc('day', generation_time) order by date_trunc('day', generation_time)");
Difficulty SQL (hacky) my $sth = $dbh->prepare("SELECT extract('epoch' from generation_time) || '000' as date, difficulty from block_history where id < 5000 or difficulty > 500 order by id ASC");
I'll look into it at the end of the week, I think 2 lines on the mint graph, separating PoW and PoS will be very nice too . |
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Etlase2 and smoothie, why dont you guys go and try and trash another thread, or go give LTC threads some trash.
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