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341  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, ROI 2 months on: November 23, 2014, 03:43:07 PM
I too will sell @ .00084 BTC/share

Haha welcome to the race to the bottom. I told you before.
Well if there, go to buy at my friend's place for 0.008 BTC /share.

http://ltcgeartalk.net/index.php?topic=317.0



Stop trolling my posts!! Smiley

Care to explain why should I troll your post ? I don't advertise my sell shamelessly like you did.
The market is quite saturated now with more resellers than buyers. All what you're trying to do it to compete who could sell lower.
Welcome to the free market. Competition is healthy for the buyers and I welcome it, but I don't disgrace myself lower.
342  Economy / Digital goods / Re: [WTS] ltcgear shares 3.25$ / 1mhs on: November 23, 2014, 01:55:48 PM
Can buy only 1Mhs sir ?

Sorry but minimum buy is 10mhs Smiley
343  Alternate cryptocurrencies / Mining (Altcoins) / Re: Review/Journal/ROI Calc of Litecoin GEAR (LTCGear) | LTC/DRK/VTC mining farm on: November 23, 2014, 01:38:18 PM
let us know what happens syclone because "Fierce" messaged me to buy shares from me

Sell him the same way. Take money and never send shares back.  Grin

We can't do that beforehand. TBH I have sold for a person before then found out that he's a scammer (the one who scammed 9.x BTC from xseneo).
 

What is the story behind xseneo. He's profile is empty https://bitcointalk.org/index.php?action=profile;u=392367

http://ltcgeartalk.net/index.php?topic=179.msg2499#msg2499
344  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, ROI 2 months on: November 23, 2014, 01:15:21 PM
I too will sell @ .00084 BTC/share

Haha welcome to the race to the bottom. I told you before.
Well if there, go to buy at my friend's place for 0.008 BTC /share.

http://ltcgeartalk.net/index.php?topic=317.0

345  Economy / Auctions / Re: Cryptolator silver 1BTC graded MS-69 (auction ends Nov. 23 @ 5:00PM EST) on: November 23, 2014, 12:23:40 PM
Hi Pistachio,

0.23 BTC
346  Alternate cryptocurrencies / Mining (Altcoins) / Re: Review/Journal/ROI Calc of Litecoin GEAR (LTCGear) | LTC/DRK/VTC mining farm on: November 23, 2014, 12:22:07 PM
let us know what happens syclone because "Fierce" messaged me to buy shares from me

Sell him the same way. Take money and never send shares back.  Grin

We can't do that beforehand. TBH I have sold for a person before then found out that he's a scammer (the one who scammed 9.x BTC from xseneo).
 
347  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, ROI 2 months on: November 23, 2014, 12:45:03 AM
What about ltc? Can somebody confirm ltc money used in payments are actually mined?

I traced my payout in LTC to these accounts
http://bkchain.org/ltc/address/LcWi3mp525gVmqXE1GEb2q7rseemZmR5iK
http://bkchain.org/ltc/address/LNXvYNvkVnZV3XbFGMfChVKKyo9EXKb5Tf

and many others, they all interconnected, but if you go deeper, to say this one
http://bkchain.org/ltc/address/LLs5trRJuTQabeRnm9NsSDV83ZaSWgZWGh
it will lead to

ce5a94f48074c6d9d0ed99c81bbd91705a1c6c8040da522efa73e00c1621582d Size: 168 bytes  Fees: 0.0 LTC
2014-11-23 00:04:08 Coinage destroyed: 0.000000 LTC days
New Coins (Mining)   50.0 LTC
50.0 LTC
LLs5trRJuTQabeRnm9NsSDV83ZaSWgZWGh   50.0 LTC
50.0 LTC


Looks like his legit...

It's a pool wallet. A lot of people tried to track it before but it's no way to tell that this a fresh minted coin or not. With his scale now, the task is even more difficult. If Chris doesn't make public statement, I suggest that you shouldn't waste your time Wink
348  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, ROI 2 months on: November 22, 2014, 07:56:28 PM
Just for today and yesterday guy sold 14th Mega packs.
How can you trace that??

Stock levels from 2014-11-21 23:37:47 UTC to 2014-11-22 18:25:31 UTC went roughly like this:

3,2,3,2,3,2,1,4,5,0,2,1,-1,2,0,2,0,-1,2,1,0,-1,1,0,2,1,0,4,3,2,1,-2,-3,3,1,0,-1,1,0,1,0,5,4,3,2,1

No idea how you are supposed to tell how many actually sold though...

https://www.blocktrail.com/BTC/tx/7c78e202f11b645131c976ab9305c091f4c269f0e86fbe7cbf49ed9fc3b80dcb

Wow. so 15 megapacks were sold since last night.
But I notice that the number of small packs is much lower. People just want to buy the big pack in group buy now.
349  Economy / Digital goods / Re: [WTS] ltcgear shares 3.25$ / 1mhs on: November 22, 2014, 07:53:19 PM
Update for the new price. Thanks.
350  Alternate cryptocurrencies / Mining (Altcoins) / Re: Review/Journal/ROI Calc of Litecoin GEAR (LTCGear) | LTC/DRK/VTC mining farm on: November 22, 2014, 07:48:51 PM

Old news. People have bought at least 10 mega monsters Wink
351  Alternate cryptocurrencies / Mining (Altcoins) / Re: Review/Journal/ROI Calc of Litecoin GEAR (LTCGear) | LTC/DRK/VTC mining farm on: November 22, 2014, 06:37:09 PM
First 1000 shares were sent to 'zach' instead of 'syclone'.   So I have faith in Chris to sort that out.
The last 2099 shares were NOT sent, however, my 2BTC was.

Good luck. It will take a lot of time from Chris. There exists a guy with the same account with your ltcgear name?  I never heard that happens although I sold to a lot of people.
352  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, ROI 2 months on: November 22, 2014, 12:57:22 PM
Selling shares in multiples of 1000 shares @ 0.85 BTC per 1000.
Seems there is no way around matching this offer :/ I'll do so for serious quantities (>100 MH).

He doesn't have enough money to buy the packs so he tries to sell his shares cheap first in order to get BTC.
Pretty shares buying frenzy last night.
353  Alternate cryptocurrencies / Mining (Altcoins) / Re: Review/Journal/ROI Calc of Litecoin GEAR (LTCGear) | LTC/DRK/VTC mining farm on: November 22, 2014, 12:51:46 PM
Turns out my username is 'syclone' instead of 'zach'     I think we'll need Chris to fix this one.   It's strange though because I've transferred my OWN shares from one account to "Zach" and it worked.  

or
Maybe anytime shares are transferred to 'syclone' it automatically displays my first name "Zach" ?

FIERCE -  When you get in for the night please send me my shares.   Undecided   Last PM I got from you was "k transferring now"
no no, your username is djm34  Grin
(I just woke up, and this sounds even more strange than it is...)

LOL our Dom goes trolling that thread too ? Did you get your LTC last night ?
354  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][TAC] TalkCoin on: November 22, 2014, 12:51:05 PM
It's just pathetic ... since, I do not work with pools and exchanges that supported the stupid thieves and their followers...
K-meister You've done the most awful ridiculous now that the dev has given you back and continues his plundering Cheesy Cheesy Cheesy
60 satos and drooooop to the hell  Cheesy
It was a good project, in fact, others copied the model to follow with private communications.
While our Dev buy food, clothing and iphone.... Tongue

I lost 20BTCs with this shit. Oh that was stupid time.
355  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, ROI 2 months on: November 22, 2014, 09:35:19 AM
Look like everyone's nervous as hell, but the buying frenzy just doesn't stop.
Greed eats brain I guess Tongue
356  Alternate cryptocurrencies / Mining (Altcoins) / Re: Review/Journal/ROI Calc of Litecoin GEAR (LTCGear) | LTC/DRK/VTC mining farm on: November 22, 2014, 09:33:28 AM
Turns out my username is 'syclone' instead of 'zach'     I think we'll need Chris to fix this one.   It's strange though because I've transferred my OWN shares from one account to "Zach" and it worked.  

or
Maybe anytime shares are transferred to 'syclone' it automatically displays my first name "Zach" ?

FIERCE -  When you get in for the night please send me my shares.   Undecided   Last PM I got from you was "k transferring now"

A lot of people didn't pay attention to that detail. Strange. Like throwing your money away.
357  Economy / Digital goods / Re: [WTS] ltcgear shares 3.5$ / 1mhs or 560$ for 1600 shares on: November 22, 2014, 09:20:59 AM
Hi,

New Price
3.5$ / 1mhs.

Small and large quantity available, minimum purchase 100 shares.
PM for details.
I'm in the trusted seller list.
Here my trusted review:
https://bitcointalk.org/index.php?action=trust;u=191767

Regards,

358  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, ROI 2 months on: November 22, 2014, 01:14:43 AM
Shares already show up in my account. Looks nice Cheesy

Wow David. Congrats. Nice move.
359  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Vertcoin - First Scrypt N | First Stealth Address - Privacy without mixer on: November 21, 2014, 11:16:56 PM
You don't have to be an expert on economics to understand what inflation is. Simply put, too many coins are being mined everyday with not enough buy support to sustain the existing new supply among the current supply. Until you have buyers (demand) for those new coins, price has no where to go but down. To ignore inflation or this very fact means you have been totally oblivious to the constant downward price action in your coin. But... if you are fine with that, continue disregarding inflation.

bitcoin, litecoin, and vertcoin are designed to have high inflation to allow early entrants in the first several years to get in at low cost, so the coin can hopefully be more widespread and effective as a currency. darkcoin (the coin you're primarily a proponent of based on your comment history) had a huge instamine, and then hard forked to change emission, so that almost 35% of the current coin supply (and almost 10% of the total coin supply) was mined in the first eight hours of the coin's life, then rewards were drastically reduced by hardfork. To be fair, vertcoin had it's own issues with instamine, likely due to poor difficulty retargeting when the hashrate was rapidly rising after the coin's release, resulting in 600k vtc being created in ~30 hours, but this is only about 5% of the current coin supply, and less than 1% of the total coin supply. vertcoin, however, didn't hardfork to reward the first day's miners (i.e., the dev(s)) with almost 35% of the current coin supply, like darkcoin did, giving themself/themselves an effective 10% premine.

I didn't come in talking about DRK, I am simply stating a fact that until demand can match or exceed supply, downward pricing action will prevail. Since you brought up DRK, I don't think anyone in the DRK camp is happy about the issues with the instamine but it has been beaten to death that those coins have long since been churned over 2 months of stagnant price action. If that really is your base case argument, it's a bit flawed. Further, the distribution that happened allowed for the expansive network of masternodes already available. With the continued coin supply tied directly to difficulty with a floor and yearly reduction, inflation is minimal at best.

But good luck on Vertcoin. I never came in here talking trash about it, just simply pointed out the fact that an algo change doesn't mean the price is going to change to the upside until demand matches or exceeds new supply. Basic mathematics coupled with basic economics is resulting in the situation VTC is currently in.

What part of "it's a feature not a bug" do you not understand? Tongue

Also, didn't mean to jump on you about darkcoin, I just remembered seeing you in some monero thread(s) recently "not talking trash", so I thought I'd use darkcoin as a contrasting example to vert.

I'll simplify it for you: An algo change as a FEATURE (remaining ASIC resistant) isn't enough on its own to justify any price increases without further demand. Period.

As for the Monero thread, if false shit is going to be spread, it's going to be commented on. But keep going, we can dance circles if you want.

Yes changing the algo doesn't make you coin better. Look at Feathercoin. Everyone was hoping that changing the algo will affect the price. And the result ? A picture worths more than 10k words:
http://coinmarketcap.com/currencies/feathercoin/#charts

360  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: LTCgear.com, the best scrypt/scrypt n/X11 cloud mining service, ROI 2 months on: November 21, 2014, 09:24:37 AM
Has anyone seen ltcgears farm?

What if when someone said yes? Does it increase the creditability of ltcgear? I believe no one but Chris concerning kind of informations.

do you guys know which coin payout is the most profitable? what should I use? btc, ltc, drk, vert... thoughts?

BTC and LTC payment should be similar.

VTC is more profitable than DRK if you have DualMOD.

Directly payed out in LTC will be slightly more profitable than payed out directly into BTC IMO.

It's true, only slightly. Chris stated that he's charging 5% of the trading fee for LTC->BTC, but it's still fine for many people.
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