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1343
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Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin hardfork + Fincen going after IPO/ICO/Presaled coins. Safe haven is...
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on: May 12, 2015, 01:20:53 PM
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Fixed. Even this ain't gonna help LTC.  Lol. With that kind of volume it's far from dead. Litecoin's volume is likely faked. Make 2 accounts on Okcoin, make a trading bot, and trade amongst yourself 1,000 times that day. Okcoin has no trading fee, which means making 10, 20, 50, 100+ accounts and just trading coins back and forth is possible, and that means the volume is faked. what would be the point in that? funnily enough though litecoin trading vol is understated because of larger trades done off exchange. personally less then 10% of my tradings done on exchanges, i only normally use exchanges for dumping crapcoins. Lying does you no justice. Can you show evidence that most of your trading is done off exchange? seriously thats like the dumbest reply ever  you're really not from around here are you? you know this is p2p currency and the whole point is being able to trade p2p without a middle man. plenty of tradings done p2p, you ever been to a local crypto meetup? you know plenty of countries with large crypto holders have no proper access to exchanges (including the country i reside in). also alot of the largest miners deal directly with the largest traders, you do know about dark pools.  Exactly, and you going off exchange to trade is establishing trust and requiring a middleman(escrow), so you admitted that you're lying..? Stop the logical fallacies and bullshit, show me proof that you and many others trade off exchange, until then I'd have to classify you as a lier. You also know that you're not making any sense...You can make an account on BTC-E, Poloniex, Cryptsy, etc, and just trade without having to verify your identity, so this "no proper access to exchanges" is bullshit. if your going to react and treat someone as disrespectful, without even knowing your shit, as you are to me then you're not even worth replying too. ffs you sound like a 10 year old with your liar liar pants of fire dribble... |
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1344
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Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin hardfork + Fincen going after IPO/ICO/Presaled coins. Safe haven is...
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on: May 12, 2015, 12:09:27 PM
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Fixed. Even this ain't gonna help LTC. Lol. With that kind of volume it's far from dead. Litecoin's volume is likely faked. Make 2 accounts on Okcoin, make a trading bot, and trade amongst yourself 1,000 times that day. Okcoin has no trading fee, which means making 10, 20, 50, 100+ accounts and just trading coins back and forth is possible, and that means the volume is faked. what would be the point in that? funnily enough though litecoin trading vol is understated because of larger trades done off exchange. personally less then 10% of my tradings done on exchanges, i only normally use exchanges for dumping crapcoins. Lying does you no justice. Can you show evidence that most of your trading is done off exchange? seriously thats like the dumbest reply ever you're really not from around here are you? you know this is p2p currency and the whole point is being able to trade p2p without a middle man. plenty of tradings done p2p, you ever been to a local crypto meetup? you know plenty of countries with large crypto holders have no proper access to exchanges (including the country i reside in). also alot of the largest miners deal directly with the largest traders, you do know about dark pools. |
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1345
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Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin hardfork + Fincen going after IPO/ICO/Presaled coins. Safe haven is...
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on: May 11, 2015, 06:49:02 AM
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Fixed. Even this ain't gonna help LTC. Lol. With that kind of volume it's far from dead. Litecoin's volume is likely faked. Make 2 accounts on Okcoin, make a trading bot, and trade amongst yourself 1,000 times that day. Okcoin has no trading fee, which means making 10, 20, 50, 100+ accounts and just trading coins back and forth is possible, and that means the volume is faked. what would be the point in that? funnily enough though litecoin trading vol is understated because of larger trades done off exchange. personally less then 10% of my tradings done on exchanges, i only normally use exchanges for dumping crapcoins. |
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1346
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Bitcoin / Bitcoin Discussion / Re: Litecoin v. Bitcoin
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on: May 11, 2015, 06:21:04 AM
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LTC will mirror BTC on the next leg up in a larger way, so now is the time to doubt. I'm saying that newer entries go for ltc when btc goes too high and they always have. Ignore at your own peril.
yes even with bitcoin people give fractions of bitcoins geeky names, still if btc gets back to new highs many users won't want to spend hundreds of dollars just for a fraction of a coin. so yeah alot of users would rather spend that on a few whole litecoin and still have a valid respected crytpo. whether you personally agree or not thats the reality of it. |
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1347
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Bitcoin / Bitcoin Discussion / Re: Litecoin v. Bitcoin
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on: May 11, 2015, 02:44:30 AM
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I agree with how you think about Bitcoin. There is absolutely no need for altcoins.
the funny thing about bitcoin fanboi's they'll accept bitcoin going as it has almost totally centralised, then tell you if you don't like the direction the bitcoin core has taken then you can go your own blockchain....so fair enough......but the same crowd when you do...well whats this obsession with making bitcoin a monopoly |
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1351
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Bitcoin / Bitcoin Discussion / Re: Litecoin v. Bitcoin
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on: May 07, 2015, 09:15:58 AM
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oh well
apparently, its obviously the end time is near litecoin
It is fair to assume that Litecoin had more Volume for the past year than all other altcoins put together Bitcoins volume for the past year is: 8,468,688,540 Litecoins volume for the past year is: 996,423,306 Ripple, Dash, Stellar, Maidsave, Dogecoin, nxt, Bitshares and Monero together is: 739,943,271 the remaining low volume coins unlikely make a the difference bitshare and stellar not a full years data and dogecoin is nowhere near its crazy spikes anymore https://i.imgur.com/JZZtn0v.pngAnd the same with Bitcoin included https://i.imgur.com/efAwGt0.pngAverage of the year for the coins  trading vol from where though? not all trading in btc ltc is done via the well know exchanges. including off exchanges trading litecoin really swamps all other alts combined. |
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1352
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Alternate cryptocurrencies / Altcoin Discussion / Re: Why have almost all altcoins so far been developed by private individuals?
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on: May 07, 2015, 12:06:08 AM
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because mostly cryptos are a solution looking for a problem. not to mention most companies would rather avoid the legal hassles. pretty much all profits from alts is from being a pyramid scheme.
"The past three years have shown us that there is the potential for huge amounts of money to be made in the altcoin scene." you do know this is not what cryptos where meant to be about? in fact its meant to be the opposite; ie whats the point of being an alternative to the greedy bankers if we ourselves become the greedy bankers.
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1353
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Bitcoin / Bitcoin Discussion / Re: Litecoin v. Bitcoin
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on: May 06, 2015, 07:10:42 AM
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1) Being the original altcoin: Has higher status than the rest of alts
Well, the original altcoin after: - Namecoin
- IxCoin
- I0Coin
- Solidcoin
- GeistGeld
- Tenebrix
- Fairbrix
- SolidCoin 2.0
So... the 9th altcoin. You could say: "one of the original altcoins". yeah so many noobs here claim litecoins only number 2 because it was the first alt same noob also yell it was created to avoid asics but anyways it has even more cred having had to fight so many from the start to rise to number 2  and impressively held it ever since |
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1354
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Bitcoin / Bitcoin Discussion / Re: Bigger blocks coming in release 0.11
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on: May 06, 2015, 04:09:43 AM
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one small step for future upscaling one Giant Leap towards complete centralisation  Yeah... I don't know if some people are trolling, blind or clueless. i think most rather dig their head in the sand where bitcoin is heading and how few control the code. and the interests of those few |
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1357
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Bitcoin / Bitcoin Discussion / Re: Bigger blocks coming in release 0.11
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on: May 06, 2015, 02:13:12 AM
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one small step for future upscaling one Giant Leap towards complete centralisation How is it a "Giant Leap" to complete centralization? The blocks won't instantly become 20mb and by the time they are it won't be a big difference that storage size will be larger than it is today. We are talking a full Terabyte a year at every block being 20mb, this would have to be one hell of a busy network and at the standard. For 5 years of block chain it would only cost 120$ http://www.newegg.com/Product/Product.aspx?Item=9SIA5AD2RS3903, if you don't think in 5 years the price of 5tb will be A LOT cheaper just look at my previous post and again this would have to be at full block capacity which it won't be for quite some time. The idea of nodes being centralized is only theory and it doesn't hold much water. its not the increase in blocksize i was refering to but the way Gavin and co (particularly Mike) go about getting such done. |
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1358
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Bitcoin / Bitcoin Discussion / Re: Forget the real application, the real value of Bitcoin is investment
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on: May 05, 2015, 07:56:39 AM
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The only question I have is why would a person jump through hoops to buy bitcoin so he can buy something from a merchant when he already had the ability to do that beforehand without taking the additional and complicated step? This is the roadblock to your suggestion.
You are thinking about this shopping scenario the opposite way. Let's say you have little something to sell. Think about the hoops you need to jump through and the fees you pay to receive a small amount of a foreign currency  then instead of all the bs time money and energy thats been wasted on bitcoin, why not simply create a free currency exchange for micro transactions  |
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1359
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Bitcoin / Bitcoin Discussion / Re: Forget the real application, the real value of Bitcoin is investment
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on: May 05, 2015, 07:34:00 AM
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Bitcoin was not designed to be an investment. It's like saying that I can invest in dollars (which I certainly can, but that's not what dollars are for).
as long as bitcoin is tied to fiat, it will be seen always as an investment, and thus not really a real currency, adoption should pull out slowly bitcoin from any other assets, and "turn it" as a true currency why? most fiats are tied to each other, eg CAD tied to the USD, yet CAD is still a currency. not saying bitcoin is a currency just saying its not being tied to fiat that prevents it. |
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