I think the price of litecoins in due for a large rally...
I suspect the second half of 2012 will have some quite volatile price movements for both BTC and LTC and USD and SLV and GLD |
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LW58twaLAuptAz8U5Mj2zwAdDgg2QFD71p
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Not worth it today you mean. If litecoin was $100 per coin, you might feel different. Plan for the long run future, not selling cryptocoins short. Yeah don't sell because maybe we might want to buy all your coins lol  |
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Thanks, very helpful!
Does anyone know if the USB coffee warmer thing will work with macs?
Does anyone know when the ASICS being produced will hit the market approximately? Are they being pre ordered now? Apparently they are supposed to start shipping in october. There is a preorder form on bfl site. I havent mined since you could do so with a cpu  So this is my prediction, that when early November rolls around and many of the ASICS have been delivered and put to mining bitcoins and with all the market fluctuations that will happen with this being an election year around the same time I suspect the difficulty of bitcoin will rise dramatically. Price is a variable because it could rise before in anticipation of the difficulty rising. Should be an interesting second half of 2012 in the financial markets as well as the commodities and cryptocurrency markets. At least your coffee will be warm. Dont know about your wallet  HOLY MOLY! I just seen this http://www.butterflylabs.com/order-form-bitforce-sc-mini-rig/They will be delivering 1000GH/s rigs? Damn! For $30k USD! I can see some wealthy BTC peeps buying a few of these and skyrocketing the BTC difficulty overnight! Right now hash rate is 12,450 GH/s. Wow...talk about scaling up! Welcome to last week. Enjoy your stay. Uhhh okay yeah i dont read every post on this forum bro lol |
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Thanks, very helpful!
Does anyone know if the USB coffee warmer thing will work with macs?
Does anyone know when the ASICS being produced will hit the market approximately? Are they being pre ordered now? Apparently they are supposed to start shipping in october. There is a preorder form on bfl site. I havent mined since you could do so with a cpu So this is my prediction, that when early November rolls around and many of the ASICS have been delivered and put to mining bitcoins and with all the market fluctuations that will happen with this being an election year around the same time I suspect the difficulty of bitcoin will rise dramatically. Price is a variable because it could rise before in anticipation of the difficulty rising. Should be an interesting second half of 2012 in the financial markets as well as the commodities and cryptocurrency markets. At least your coffee will be warm. Dont know about your wallet HOLY MOLY! I just seen this http://www.butterflylabs.com/order-form-bitforce-sc-mini-rig/They will be delivering 1000GH/s rigs? Damn! For $30k USD! I can see some wealthy BTC peeps buying a few of these and skyrocketing the BTC difficulty overnight! Right now hash rate is 12,450 GH/s. Wow...talk about scaling up! |
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3600 Nice! Auction will end on Friday July 6th at 1030pm EST. |
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What I will do is become a miner and sell the coins and buy BTC.
Then you will be doing exactly what the currency is designed for. Let me reiterate again: the purpose of this *coin is to cleanly separate the dual purposes of money, medium-of-exchange from store-of-value. You trade your mined freicoins for BTC, but the counter-party to that transaction doesn't want to hold on to freicoins any more than you do. So he uses it to buy services he needs, and the service provider gets rid of it by paying an employee, and that employee spends it buying groceries, and that grocer turns a profit and invests it in bitcoins, bringing the Freicoin cash back to the exchange, etc., etc. ad infinitum. Bitcoin is and always will be an ideal mechanism for storing value, superior to Freicoin in that regard. That is expected, desirable, and by design. This thread is a waste of time seriously. You dont need to raise funds to start a new block chain. |
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Thanks, very helpful!
Does anyone know if the USB coffee warmer thing will work with macs?
Does anyone know when the ASICS being produced will hit the market approximately? Are they being pre ordered now? Apparently they are supposed to start shipping in october. There is a preorder form on bfl site. I havent mined since you could do so with a cpu So this is my prediction, that when early November rolls around and many of the ASICS have been delivered and put to mining bitcoins and with all the market fluctuations that will happen with this being an election year around the same time I suspect the difficulty of bitcoin will rise dramatically. Price is a variable because it could rise before in anticipation of the difficulty rising. Should be an interesting second half of 2012 in the financial markets as well as the commodities and cryptocurrency markets. |
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Thanks, very helpful!
Does anyone know if the USB coffee warmer thing will work with macs?
Does anyone know when the ASICS being produced will hit the market approximately? Are they being pre ordered now? |
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hey smoothie, I just unignored you. You raise a valid point. I didn't even read the paper until a couple minutes ago. I skimmed it and it makes no sense to me at all and I don't see how doublespend is solved and it's unfair of me to criticize the idea at this point. I apologize. I wont look into timekoin any further, it's either bullshit or genius, no way for me to tell within the time I have for this. (Sidenote: the satoshi paper made perfect sense on first read) You guys can be early adopters, have fun . Thanks mate!  |
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Can anyone please explain the following in plain English ? Quote from timekoin whitepaper: This system for peer to peer electronic encrypted currency relies on a 3-prong security defense
of high encryption keys and hashes connected in a such a way to simulate a virtual Quantum state for
the transaction data where tampering with any part of the process would collapse the entire attempt of
tampering. Due to this virtual entangled state of the data, there is no way to observe and predict what is
inside the transaction until you look inside with the public key. A which point, there is no way to
change the inside of the transaction without tampering with the outside components that constructed it all.
I'd love to understand this better too. From what it sounds like there's a kind of two-way lock/check which means you can't tamper with transactions - you'd have to change both at the same time, but also each depends on the other? Reminds me of the Robin Hood/Friar Tuck virus for some reason.. Lol, hilarious! Using vocubulary and analogies from/with quantum mechanics to explain some confused made-up cryphtographic mechanism in order to further nebulate the fact that this is totally bogus? Priceless! Similar some esoteric yogic schools now using such vocubalary and misinterpretations of quantum mechanics to somehow "scientifically" support their bullshit made-up crap theories about "cosmic energy" and the soul. Uuuuh, I don't understand this, must be really advanced technology... or magic?? It is open-sourced I believe so i'm not sure what you are complaining about. Who cares if he doesn't know what he is talking about. Go find out for yourself how it work and then come report back to all of us on your findings oh great one |
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Isn't curious that a community form around promoting some kind of money, which by then should be booooooooooooring no brainer? It's like forming a community around promoting a kind of concrete.
And you are here posting about it....nuff said |
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How much for 1 silver coin in ltc ??
Just made a posting about that.... |
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I decided to take Coblee's advice. I will sell one at a time...so here goes (same images below as my earlier post)
This auction will last 1 week. You are bidding on a 1 troy ounce 2010 Silver eagle coin.
Bidding will start at 3500 LTC. Please bid in increments exceeding the highest bid by at least 100 LTC. Any shipping costs outside of the U.S. will be determined on a individual basis.
I'm open to using an escrow service to do the exchange.
Happy bidding!!      
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Updated starting bid. Perhaps now there will be more participation. I guess Luke-Jr is right...LTC is a scam LOL....look i'm offering real silver bullion for trade and no one has even made a reasonable offer. It's not that there's no demand. It's that it's too expensive for most people. Not sure how many people actually have 100k LTC. There's currently 162028 Litecoin blocks. That's a little bit more than 8 million total coins. The total market cap of Litecoin is only about $50,000. And 100k coins is 1.25% of the total coins! Think about that for a second... you need to spend 1.25% of the total coins out there to buy your silver coins. If you sell them 1 at a time, you will probably get more buyers. Perhaps you are right coblee. |
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Updated starting bid. Perhaps now there will be more participation. I guess Luke-Jr is right...LTC is a scam LOL....look i'm offering real silver bullion for trade and no one has even made a reasonable offer. |
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So those "criticisms" could have been made when bitcoin was only 8 months old eh? What's the difference? Bitcoin was vulnerable then and who knows what may happen in the future to change the status quo of digital currencies. No, Bitcoin did not have a preexisting currency with all the same features to compete with. Nor does Bitcoin have the growth-paralyzing proof-of-work known as scrypt. So then when bitcoin say goes to $100 or even $1000 and then the price drops to say $20 then if someone got in at $1000....as the quote says "and continually be beneficial to adopters no matter when they begin using it." What basis is there to expect that will happen? (I already presented my case for why Litecoin is almost guaranteed to fail) bro you must have missed the last rally to $32/btc and back to $2? LOL that's why! It's called SPECULATION. Google it. |
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Perhaps you know the future better than the rest of us. You appear to know what will happen or will not happen. So those "criticisms" could have been made when bitcoin was only 8 months old eh? What's the difference? Bitcoin was vulnerable then and who knows what may happen in the future to change the status quo of digital currencies. I love this quote: "This is not the case for Bitcoin, since it has significant potential to become a long-term currency and continually be beneficial to adopters no matter when they begin using it." So then when bitcoin say goes to $100 or even $1000 and then the price drops to say $20 then if someone got in at $1000....as the quote says "and continually be beneficial to adopters no matter when they begin using it." LOL See my statement is hypothetical and in the future which neither of us know. So same as the statement that litecoin is a scam and will fail is a future statement which has not transpired to date. |
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Perhaps you know the future better than the rest of us. You appear to know what will happen or will not happen. So those "criticisms" could have been made when bitcoin was only 8 months old eh? What's the difference? Bitcoin was vulnerable then and who knows what may happen in the future to change the status quo of digital currencies. |
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