Just buy BTC. To me, all altcoins are a scam  LTC is a scam ?
LTC is for people riding old Bicycles. Dont.
BTC is for people riding nice cars. Do.
I made a shit load of money investing in Litecoin, I bought at $0.17 last year, sold at $38 and bought back at $20.... and I invested the last Bitcoins I had into Litecoin this week. so how about that  so tell the car and the Bicycles thing to someone else...because this year we will be talking yachts with Litecoin. |
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Just buy BTC. To me, all altcoins are a scam Diversification's not a bad idea though, except its impossible to keep track of the damn things. Had to block the altcoin subforum because there where more threads spaming new breeds of crapcoin than on all the other subjects combined. Have a few namecoin 'cos it could be a good system and would get a few LTC just because its script instead of sha and been around for a while but too damn lazy to install a wallet. Probably quite a few others worth checking out but omg, that crapcoin spam. don't complicate things, use litecoin electrum a fast and safe and light client. |
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Just buy BTC. To me, all altcoins are a scam LTC is a scam ? |
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look there, you figured it all out, the next noble should be yours. |
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The POW can be altered invalidate ASICs with 1 line of code.
Fairly good point actually. Any coin can be not just ASIC-resistant but completely ASIC-proof if the developer and community want it to be, since they can just tweak things in some otherwise insignificant way once someone has put money into developing an ASIC, wiping out that investment. this would be shooting your self in the foot and letting other shitcoins take over your hashing algorithm by adopting the supposed ASICs... no, I dont think so. |
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some of you say that Litecoin wont succeed because it failed the ASIC proof claim !!!!... where and when the Devs or Coblee or any big investor pointed to litecoin as an ASIC "proof" ? they always said "resistant" which was important for the coin survival at the time....there is nothing ASIC proof, a CPU is an ASIC a GPU is an ASIC for you who doesn't know , it is not if we can make ASIC for this coin or that coin but when is it profitable to make a one, and when it is made it means that the coin is going mainstream.
no one gives a fuck about the hashing algorithm except miners, investors/adopters care only about the utility and opportunities, market cap,development, services.... and dont give a shit about that hashing algorithm and pure technical stuff, and what matters to me as an investor is for the last 6 months Litecoin is really going crazy, take a look at the daily transactions volume and the trading volume against Bitcoin.
Remember, from looking at the history of litecoin price it is always lagging comparing to Bitcoin, but it always make a boom, and usually a bigger one.
Gone over this a million times. I've bolded some sections for you. We heard you like mining, so we put a miner on your miner, so you can mine while you mine. Note: try changing -s in the miner batch to 3, 5, or 7. Experiment which is best for you. Official Website: http://www.tenebrix.orgHello everybody! Allow me to introduce you Tenebrix, a cryptocurrency we (mostly ArtForz, but I contributed the name, some minor tweaks and the logo, as well as windows portability suite and cool genesis motto  ) have created to provide the community with a cryptocurrency with solid GPU resistance.It implements a proof-of-work scheme based on scrypt, a cryptographic construct specifically designed to resist creation of efficient GPU, FPGA and even ASIC implementations. You can find more about scrypt and how it can improve your stamina, masculine appeal and performance hereIt was not GPU resistant at all and few sneaky guys (mainly the ones who actually PROPOSED it) knew this because they were privately mining with GPU's very shortly after release. It was a failed concept from the beginning. Don't you get it? Litecoin was specifically invented to provide an alternative proof-of-work that wouldn't be brutalised by GPU, FPGA then ASIC's like everyone knew bitcoin would. It was a fresh start back to '1 cpu, one vote'- a safe haven so to speak. It failed. If we were using this to hash passwords there would be a CVE-assigned with a quick hotfix and a lot of explaining to do. How ASIC resistant is it when 1 manafacturer can produce in 2 months what entire network has ever seen. o It's not resisting shit and so it should be fixed to reflect it's original promise. You talk like there's a huge difference between 'resistant' and proof. Sure anything can be ported to ASIC. Gridchips first batch of wafer was around 0.90$/chip (convert from RMB) and easily outperform any commodity hardware from economic standpoint. For all intents and purposes it's not resistant whatsoever if this is the case. If it was resistant it should of been barely feasible The POW can be altered invalidate ASICs with 1 line of code. Coblee naturally does not want to change POW for fear of upsetting the apple cart (bear in mind he has millions of dollars invested in it's success) Now you tell me what benefits litecoin offers over bitcoin? Nothing. Nothing Litecoin can do that Bitcoin can't. No special features, no special services, pure speculation. The economy isn't there, the infrastructure isn't there, the only thing it's really got going for it is some semblance of network affect and the notion it's the silver to bitcoins gold. Where's the fiat inflow going to be coming from with large scale farms now having hundreds of GH in private mode, then selling at xxx% markup to greedy shovel buyers who think they can jump on the next goldrush. Private farms paid off NRE and can dump at almost any cost, most home miners need to recoup electricity, People are so naive they imagine more ASIC- higher price just like BTC- the higher LTC goes the more inflow is needed to sustain the price- why would that inflow find it's way to LTC over BTC specifically? because we choose to? you did ask a question and provided an answer for it in the same question |
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CPU is an ASIC
A CPU is actually not an ASIC. It is general purpose, not application-specific. The goal of ASIC-resistance is to require something closer to general purpose computing, not just a small subset of operations in a tight loop. If you get close enough than you can't really create an ASIC that is more efficient than a CPU. Although you can trim out some functions of a CPU and optimize others, you are competing against the massive investment that goes into improving CPUs (which have higher volume than any ASIC, almost by definition) and you can't keep up. yes true... my mistake.. fixed |
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some of you say that Litecoin wont succeed because it failed the ASIC proof claim !!!!... where and when the Devs or Coblee or any big investor pointed to litecoin as an ASIC "proof" ? they always said " resistant" which was important for the coin survival at the time....there is nothing ASIC proof, it is not if we can make ASIC for this coin or that coin but when is it profitable to make a one, and when it is made it means that the coin is going mainstream. no one gives a fuck about the hashing algorithm except miners, investors/adopters care only about the utility and opportunities, market cap,development, services.... and dont give a shit about that hashing algorithm and pure technical stuff, and what matters to me as an investor is for the last 6 months Litecoin is really going crazy, take a look at the daily transactions volume and the trading volume against Bitcoin. Remember, from looking at the history of litecoin price it is always lagging comparing to Bitcoin, but it always make a boom, and usually a bigger one.   |
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show me the trains please |
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bag holders!
gather around fellow bag holders;
no selling no dropping the bag, no matter how low or how high, we hold every single bit inside those bags tightly and securely, that is bag holder law! and by bag holder law we will hold and grow our bags, and all will know that our bags are not for sale!
a new age has began
an age of virtual wallets filled with bits
but these wallets are not filled with our bits, oh no
we hold our bits... we hold our bits in a mother fucking BAG!
you make sure to hold to your bag forever, I am selling at some point (soon-ish) |
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I just bought my first bitcoin. Exciting. Could someone please share the actual S.R. 2.0 link. Thanks.
share your postal address, we will send you everything for free. Jorge Stofli - Cerulean Tower 15F 261 Sakuragaokacho 1508512 Shibuya Tokyo I don't know if serious or just dumb !!!! |
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windjc didn't respect the terms of our bet, we made a deal that each one has to keep 20 BTC in a separate address that he controls so we can check all the time, but soon after he used the 20 BTC again, I think he thought I would just check once instead I had the address on my watching list. be a man or stop pretending to be one. I withdraw my bet. |
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Please see edit above. I opted out of the bet. Again, I apologize to Mmitech.
lets do it this way, a word bet, If the price wont touch touch $100 I will quit posting on this forum You wanna do the bet with a "e-handshake?" If so, I will gladly say YES. Of course, its up to us to hold each other accountable. But I will gladly pay you 20 BTC the day LTC reaches $100 in 2014. And I can just hope you are as true to your word. OK, I Mourad Ilyes Mlik will honor my word if LTC price wont reach $100 this year, I will pay 20 BTC to windjc later provided address, let other members be witnesses. in fact this will go to my signature. BTW windjc a thought came into my mind, do you have the 20 BTC ? I would like you to put 20 BTC in one of your addresses that I can check and not spend it, so in case you would have to honor our bet I know that you have them, and I would do the same (it is just in eliminating escrow in this case)... it came to my mind that you might get lucky without taking any risks. PM sent. received and replied. |
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tyvm Where the hell do I post Slovenian ANNs?
U picku materinu. 2 puta izbrise debil poruku.
I reported you twice... dont spam here, you have a sub-forum for alts. bah Can you read? It's supposed to be Slovenian. it doesn't matter what language it is, it is the same as posting a porn Slovenian porn video because its "Slovenian".... you posted on the wrong section and it got removed and you insist on doing it, this is called spamming. |
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Please see edit above. I opted out of the bet. Again, I apologize to Mmitech.
lets do it this way, a word bet, If the price wont touch touch $100 I will quit posting on this forum You wanna do the bet with a "e-handshake?" If so, I will gladly say YES. Of course, its up to us to hold each other accountable. But I will gladly pay you 20 BTC the day LTC reaches $100 in 2014. And I can just hope you are as true to your word. OK, I Mourad Ilyes Mlik will honor my word if LTC price wont reach $100 this year, I will pay 20 BTC to windjc later provided address, let other members be witnesses. in fact this will go to my signature. BTW windjc a thought came into my mind, do you have the 20 BTC ? I would like you to put 20 BTC in one of your addresses that I can check and not spend it, so in case you would have to honor our bet I know that you have them, and I would do the same (it is just in eliminating escrow in this case)... it came to my mind that you might get lucky without taking any risks. |
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I wont forget, it is in my signature I just hope you will also honor your word |
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Please see edit above. I opted out of the bet. Again, I apologize to Mmitech.
lets do it this way, a word bet, If the price wont touch touch $100 I will quit posting on this forum You wanna do the bet with a "e-handshake?" If so, I will gladly say YES. Of course, its up to us to hold each other accountable. But I will gladly pay you 20 BTC the day LTC reaches $100 in 2014. And I can just hope you are as true to your word. OK, I Mourad Ilyes Mlik will honor my word if LTC price wont reach $100 this year, I will pay 20 BTC to windjc later provided address, let other members be witnesses. in fact this will go to my signature. |
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Please see edit above. I opted out of the bet. Again, I apologize to Mmitech.
lets do it this way, a word bet, If the price wont touch touch $100 I will quit posting on this forum |
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at the moment LTC is the only alt that I would consider trading and investing in... it is also the safest one and the biggest and oldest and most developed 18 months back I would have agreed with you but times are changing, innovations and developments occurring - it pays to keep an open mind and a few satoshis available for new things. +1 I wholeheartedly agree, however, I am afraid no one is listening to you, Nanobrain. I am actually shocked. I have now sold half my LTC (which I never imagined even a couple of months back I would do) to get into DRK / MRO and XC and these and other new coins are looking really interesting as well as being wonderfully volatile. So many coins, yes - but not watching alts for developments is extremely short-sighted. The volumes for the top handfull of new coins is quite hefty, and as long as you buy according to innovative features, they're starting to make LTC look dated now. It will not move up with BTC like is used to as most people do not want to spend BTC on alts, but old LTC stocks (and PPC /NMC / XPM... et al) seem unnecessary now. Coins actually die and disappear every day - and only really innovative ones rise (and rise quickly). IMHO Anyone not watching is taking a big risk, as well as losing some interesting opportunities. well IMHO all the coins you pointed above are in a temporary hype, as usually they get pumped then people jumps in wishing to make some profits, and you go around the forum to hear them talking about how great the coin is and it offers this and that and whatnot but the real deal is that most coins are horse shit... seriously there I dont see the purpose of most of the coins, and dont tell me about anonimity and privacy... coinjoin offers the same shit, it was gmaxwell project (idea) and it can be implemented on any coin ( Bitcoin, litecoin, shitcoin....), even if we assume that an anonymous coin would technically survive how and who do you think will adopt that coin ? the only 2 most innovative coins I came across that really deserved some attention were Ethereum and NXT, sadly the pre-mine (IPO) philosophy killed a fear start, also the market is not really prepared for these features yet... we've got a long path to bring the basic features to masses, only then we can think about going to the next level. People should be watching NXT. If it were on all the exchanges DRK was on, it would be much higher. It is truly innovative and even if its before its time, it will be ready when its time has come. NXT is also in discussions with Overstock.com regarding a bond issuance and it will soon become its own decentralized alt-coin exchange, where people can trade essentially for free. So, because people don't do research, they think that DRK has special features, when, in fact, coins like MRO are much more superior as autonomous coins, while coins and systems like NXT are also capable of having this autonomy built into their system. DRK is going to crash soon. Yeah I bought NXT a while back, but it's not moved much in months, although I agree people seem to think it's capabilities are groundbreaking. As for DRK - it's one I am wary of but I have got some and it is way over where I got in. I am in XC (X11) to see what happens too - but I agree about MRO, and it is by far my biggest bet. I agree not all will succeed, it's brutal out there but some of these will be part of the new value exchange ecosystem that BTC is front-running. I think there are different roles for coins to perform and - sure - time will tell, but many coins have far more to offer than LTC which I personally think will continue to suffer from only having 'speed' as a reason for buying it. It will not go away in a hurry, but recently I have re-evaluated why I have always held so many and I don't regret it. I never gamble or bet, but I am sure about investing in LTC that I will take a 1000 LTC or the equivalent in BTC bet on LTC reaching $100 till the end of this year, will you bet against me ? If you 'never gamble or bet', I personally wouldn't want to encourage you - but I see Windjc might. All I can say is that I would strongly advise you not to bet against him. I though he is honest and trustworthy... anyway I am trying to think how could we make this work without putting too much trust, I cant leave this much of money by a member !! |
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at the moment LTC is the only alt that I would consider trading and investing in... it is also the safest one and the biggest and oldest and most developed 18 months back I would have agreed with you but times are changing, innovations and developments occurring - it pays to keep an open mind and a few satoshis available for new things. +1 I wholeheartedly agree, however, I am afraid no one is listening to you, Nanobrain. I am actually shocked. I have now sold half my LTC (which I never imagined even a couple of months back I would do) to get into DRK / MRO and XC and these and other new coins are looking really interesting as well as being wonderfully volatile. So many coins, yes - but not watching alts for developments is extremely short-sighted. The volumes for the top handfull of new coins is quite hefty, and as long as you buy according to innovative features, they're starting to make LTC look dated now. It will not move up with BTC like is used to as most people do not want to spend BTC on alts, but old LTC stocks (and PPC /NMC / XPM... et al) seem unnecessary now. Coins actually die and disappear every day - and only really innovative ones rise (and rise quickly). IMHO Anyone not watching is taking a big risk, as well as losing some interesting opportunities. well IMHO all the coins you pointed above are in a temporary hype, as usually they get pumped then people jumps in wishing to make some profits, and you go around the forum to hear them talking about how great the coin is and it offers this and that and whatnot but the real deal is that most coins are horse shit... seriously there I dont see the purpose of most of the coins, and dont tell me about anonimity and privacy... coinjoin offers the same shit, it was gmaxwell project (idea) and it can be implemented on any coin ( Bitcoin, litecoin, shitcoin....), even if we assume that an anonymous coin would technically survive how and who do you think will adopt that coin ? the only 2 most innovative coins I came across that really deserved some attention were Ethereum and NXT, sadly the pre-mine (IPO) philosophy killed a fear start, also the market is not really prepared for these features yet... we've got a long path to bring the basic features to masses, only then we can think about going to the next level. People should be watching NXT. If it were on all the exchanges DRK was on, it would be much higher. It is truly innovative and even if its before its time, it will be ready when its time has come. NXT is also in discussions with Overstock.com regarding a bond issuance and it will soon become its own decentralized alt-coin exchange, where people can trade essentially for free. So, because people don't do research, they think that DRK has special features, when, in fact, coins like MRO are much more superior as autonomous coins, while coins and systems like NXT are also capable of having this autonomy built into their system. DRK is going to crash soon. Yeah I bought NXT a while back, but it's not moved much in months, although I agree people seem to think it's capabilities are groundbreaking. As for DRK - it's one I am wary of but I have got some and it is way over where I got in. I am in XC (X11) to see what happens too - but I agree about MRO, and it is by far my biggest bet. I agree not all will succeed, it's brutal out there but some of these will be part of the new value exchange ecosystem that BTC is front-running. I think there are different roles for coins to perform and - sure - time will tell, but many coins have far more to offer than LTC which I personally think will continue to suffer from only having 'speed' as a reason for buying it. It will not go away in a hurry, but recently I have re-evaluated why I have always held so many and I don't regret it. I never gamble or bet, but I am sure about investing in LTC that I will take a 1000 LTC or the equivalent in BTC bet on LTC reaching $100 till the end of this year, will you bet against me ? Hold on. Are you saying that you will take a 1000 LTC equivalent bet that LTC will reach $100 in 2014? Are you serious. If so, I will most likely take this bet. yes this is what I am saying, 1000 LTC from your part (or the equivalent BTC) and 1000 LTC from my part, the escrow should be released at the end of the year if failed or when if the price is reached. Wow. I hate betting against myself as I have a nice stash of LTC. But I just don't think LTC will be $100 this year. But if it is, I will have made so much money from the next bubble that I can afford to lose this bet. So, I accept this bet. To be fair, lets do the bet in BTC. So that would be about 20 btc? 20 BTC it is, how can we arrange this ? |
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