Come on, I thought big news was coming at the end of this week taking Maza over 1,000 sat.
What big news were you expecting? Isn't the fact the tribe is working with Payu now not big enough?
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And I also think that litecoin was created by the chinese to try to kill bitcoin in 2011. Right when capitulation occured litecoin was launched. The knew US and alies had 1 million bitcoins, they now try to get as much as bitcoins too. You already see litecoin is moving in the opposite direction of bitcoin.
Well Litecoin creators as far as I know are public so there's no conspiracy there, unless you consider cobble (related to Google) a part of that conspiracy. I think it was just a project that never tried to create something new and revolutionary, just an experiment to see how an alternative "silver" bitcoin would work. Except LTC was neither new nor revolutionary, it was a fork of Tenebrix!
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First, price should go gradually and substantially up as we approach Feb 1st.
Second, I don't believe Garza would risk everything and long time jail scamming people with paycoin. It simply doesn't add up to me...
Of course I've been wrong before...
Why would Karples rob his own exchange and risk jail time and even his life? Because he could.
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I think what irritates me about this whole paycoin drama is there are legit and forward-thinking alt coins with developers working their ass off just struggling to even reach a half million dollar market cap while this con man manages to pull in thousands of btc volume in a day and market caps in the 8 figures range, people can lash out at Garza but it is the greedy whales who keep this scam propped up.
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You try hard to make stupidity sound so noble. Do you make trades that you know are bad? Why not? You are a trader! How can you shirk your responsibility to trade even if you know you are going to lose money!
Of course I don't make trades that I know are bad, you won't know they will be bad until days or weeks later and can only go off your gut feeling or market analysis. How many people lost their shirts on Blackcoin thinking it was the next LTC? Does that mean everyone who lost money on that should exit the crypto game for good? Likewise, miners stop mining when they know they are going to lose money. But I will still buy a coin knowing full well I won't make money on it or recover my loss potentially weeks or months down the road. I'm just saying many miners have lost the speculative attitude of crypto, for all they know they could mine at a loss now but Bitcoins price could jump up 2x or 3x or more next month and instead of making ANY money/coins they will wish they had had those coins. Good real world example, Semgroup a big oil company here in my state was bleeding money years back and close to bankruptcy, their stock plummeted from I believe 80-100 dollars a share (can't remember exactly) to less than a dollar. Well some would have called buying into that stock insane yet those who gambled and took the risk were rewarded years later when the company recovered and the stock is now 63 dollars a share. You could have become a millionaire with just a few grand investment. All i'm asking is where are people's balls at? How long has K-Mart or Sears been unprofitable yet you don't see them closing shop?
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You try hard to make stupidity sound so noble. Do you make trades that you know are bad? Why not? You are a trader! How can you shirk your responsibility to trade even if you know you are going to lose money!
Of course I don't make trades that I know are bad, you won't know they will be bad until days or weeks later and can only go off your gut feeling or market analysis. How many people lost their shirts on Blackcoin thinking it was the next LTC? Does that mean everyone who lost money on that should exit the crypto game for good?
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Judging from your post, I assume that you must have a room full of ASICs mining away, supporting the network. If not, then why not?
I don't mine, i'm a trader. But I don't walk away from trading just because I make a few bad trades, lose some money and call it quits. Why are miners expected to break even every single day 100% of the time any more than I am? If a mining company has been losing money for a few months straight then yes I would see the reason for shutting it down, but walking away just because they dipped into the unprofitably stage for less than a few weeks is silly. There are restaurants that can run in the red for months at a time before they finally shut down and their line of credit is dropped. If you claim to run a business then act like one and take the risk otherwise go get a job working for someone else.
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Indeed. To hell with rationality, covering costs, and business sense, this is Bitcoin!
Mainstream Businesses don't always break even every month or are profitable 100% of the time. Who shuts down their restaurant just because they had a bad month?
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Am I the only one who doesn't get how miners think they have to shut things down the moment Bitcoin becomes unprofitable? Do gold miners quit mining because they haven't found gold in a few weeks and are not making much money?
What is the point to mining but to speculate, if I dropped out of crypto everytime I made a loss then the market would go nowhere. This is capitalism, nothing in life is certain and handed to you on a silver platter. Write it off on your taxes and hold your coins and hope for next month to make up your losses and then osme.
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whats with the crazy price rise Most likely a whale pumping the price, but with only 772k coins it should be worth alot more, I've seen scam coins go 20x GHC's current value.
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I notice if I try to rejoin it says "already seated in another game"
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FYI I tried to join the ant miner game but it says I should try 3 practice games first, already done 4.
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Gamerholic.com is now live....
Please bare with us in advance, if we run into any bugs...
Great news! Will you make a twitter ANN?
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I'm not for a "boycott" but I know what you are saying, it's insulting to see these Bitcoin technocrats and celebrities getting up on stage or on twitter yacking how the alt market is nothing but a den of crooks and thieves, yet they want to fork the innovations created in this "scam market" for themselves via sidechains.
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in b4 whales use this as news and try to pump Ether There is nothing to pump, coins aren't on the exchanges yet.
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Thank you to all the social justice warriors looking out for my finances because I am unable to control myself.
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Thanks I was looking on the play store, I just had to tick off 'Unknown sources' in the security settings in Android to install. Bought about 30K Maza and sent to tablet from cryptsy, recieved within a few minutes (while Quark and Zetacoin are both unable to do this ATM), well done Mazacoin! Yep Maza is very fast, if it gets tribal backing I see no reason why it shouldn't be the silver to BTC gold that Litecoin claimed to be.
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