Garr255 (OP)
Legendary
Offline
Activity: 938
Merit: 1000
What's a GPU?
|
![](https://bitcointalk.org/Themes/custom1/images/post/thumbup.gif) |
August 16, 2012, 04:31:13 AM Last edit: August 21, 2012, 06:28:07 AM by Garr255 |
|
Crpto::Stocks just opened up Litecoin support today, and I thought it could be a worthwhile idea to start a Cognitive Sub-asset on this exchange called "Cognitive-LTC". The contract would be similar to Cognitive's, and the main change would be mining Litecoins as opposed to Bitcoins, obviously. Because GPU mining is currently the most efficient way to generate Litecoins, this is the way we will go about doing it. The main reason for creating a Cognitive sub-asset is to create an instant establishment of trust that Cognitive has already acquired, therefore increasing investor confidence which boosts value. I plan to create the asset within a week. I appreciate any questions, comments, and objections ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) -Garrett Update: Main Cognitive-LTC thread is here: http://forum.litecoin.net/index.php/topic,568.0.html
|
“First they ignore you, then they laugh at you, then they fight you, then you win.” -- Mahatma Gandhi
Average time between signing on to bitcointalk: Two weeks. Please don't expect responses any faster than that!
|
|
|
URSAY
Legendary
Offline
Activity: 1960
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 16, 2012, 04:53:13 AM |
|
Dividend payments seem to be slowing. Why wouldn't new related business be folded in Cognitive?
|
|
|
|
PinkBatman
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 16, 2012, 07:49:51 PM |
|
I like this!
|
|
|
|
Garr255 (OP)
Legendary
Offline
Activity: 938
Merit: 1000
What's a GPU?
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 21, 2012, 05:58:06 AM |
|
Dividend payments seem to be slowing. Why wouldn't new related business be folded in Cognitive?
In most cases they would, but GLBSE has no Litecoin support as of now.
|
“First they ignore you, then they laugh at you, then they fight you, then you win.” -- Mahatma Gandhi
Average time between signing on to bitcointalk: Two weeks. Please don't expect responses any faster than that!
|
|
|
Garr255 (OP)
Legendary
Offline
Activity: 938
Merit: 1000
What's a GPU?
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 21, 2012, 05:59:10 AM |
|
Right now I am debating on which exchange to use. Our options are http://litecoinglobal.com/ and https://cryptostocks.com/I'll create a poll.
|
“First they ignore you, then they laugh at you, then they fight you, then you win.” -- Mahatma Gandhi
Average time between signing on to bitcointalk: Two weeks. Please don't expect responses any faster than that!
|
|
|
|
Garr255 (OP)
Legendary
Offline
Activity: 938
Merit: 1000
What's a GPU?
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 21, 2012, 06:06:07 AM |
|
|
“First they ignore you, then they laugh at you, then they fight you, then you win.” -- Mahatma Gandhi
Average time between signing on to bitcointalk: Two weeks. Please don't expect responses any faster than that!
|
|
|
Nefario
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 21, 2012, 06:17:34 AM |
|
What would be the quickest, easiest method to get litecoins on GLBSE?
|
PGP key id at pgp.mit.edu 0xA68F4B7C To get help and support for GLBSE please email support@glbse.com
|
|
|
Garr255 (OP)
Legendary
Offline
Activity: 938
Merit: 1000
What's a GPU?
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 21, 2012, 06:19:26 AM |
|
What would be the quickest, easiest method to get litecoins on GLBSE?
As the site developer, shouldn't you have the best answer? I wouldn't think that it would be an extraordinarily difficult thing to do. Also: EDIT:
If GLBSE fully supports LTC within the duration of this poll, we will use GLBSE.
(4 days)
|
“First they ignore you, then they laugh at you, then they fight you, then you win.” -- Mahatma Gandhi
Average time between signing on to bitcointalk: Two weeks. Please don't expect responses any faster than that!
|
|
|
Bitcoin Oz
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 21, 2012, 06:22:49 AM Last edit: August 21, 2012, 07:03:00 AM by bitcoin.me |
|
What would be the quickest, easiest method to get litecoins on GLBSE?
As the site developer, shouldn't you have the best answer? ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) I suggest a partnership with litecoinglobal, perhaps an equity swap. Then you can let him develop it separately and not pile more on your plate ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) At this point glbse setting up ltc support would seem like the big kid taking someones lunch money ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
|
|
|
|
Nefario
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 21, 2012, 07:06:09 AM |
|
As the site developer, shouldn't you have the best answer?
Hmmm, I guess that was lazy. Well, actually thinking about it, would need to have litecoind running and the blockchain, deposits/withdrawals and be able to pay dividends with litecoins. But having the ability to buy other assets on GLBSE (i.e. using the market) would be a lot more work and not something I'd go so far as to support. It would mean that the share would be bought with bitcoins and make payments with litecoins.
|
PGP key id at pgp.mit.edu 0xA68F4B7C To get help and support for GLBSE please email support@glbse.com
|
|
|
Garr255 (OP)
Legendary
Offline
Activity: 938
Merit: 1000
What's a GPU?
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 21, 2012, 07:14:30 AM |
|
Couldn't there be a sub market just for LTC?
|
“First they ignore you, then they laugh at you, then they fight you, then you win.” -- Mahatma Gandhi
Average time between signing on to bitcointalk: Two weeks. Please don't expect responses any faster than that!
|
|
|
Nefario
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 21, 2012, 07:56:19 AM |
|
Couldn't there be a sub market just for LTC?
There could I suppose, but as I mentioned anything like that is going to take a good bit of work to implement, which means time. How big IS litecoin? I've never really had more than a passing look at it.
|
PGP key id at pgp.mit.edu 0xA68F4B7C To get help and support for GLBSE please email support@glbse.com
|
|
|
Garr255 (OP)
Legendary
Offline
Activity: 938
Merit: 1000
What's a GPU?
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 21, 2012, 08:06:11 AM |
|
Couldn't there be a sub market just for LTC?
There could I suppose, but as I mentioned anything like that is going to take a good bit of work to implement, which means time. How big IS litecoin? I've never really had more than a passing look at it. Small, relatively, but growing. You know what, I find myself agreeing with this: At this point glbse setting up ltc support would seem like the big kid taking someones lunch money ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Perhaps you should stay focused with Bitcoin, while LitecoinGlobal maintains the Litecoin exchange. This would probably be for the best.
|
“First they ignore you, then they laugh at you, then they fight you, then you win.” -- Mahatma Gandhi
Average time between signing on to bitcointalk: Two weeks. Please don't expect responses any faster than that!
|
|
|
Nefario
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 21, 2012, 08:13:36 AM |
|
Couldn't there be a sub market just for LTC?
There could I suppose, but as I mentioned anything like that is going to take a good bit of work to implement, which means time. How big IS litecoin? I've never really had more than a passing look at it. Small, relatively, but growing. You know what, I find myself agreeing with this: At this point glbse setting up ltc support would seem like the big kid taking someones lunch money ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Perhaps you should stay focused with Bitcoin, while LitecoinGlobal maintains the Litecoin exchange. This would probably be for the best. Fair enough. I'll point my scarce resources elsewhere.
|
PGP key id at pgp.mit.edu 0xA68F4B7C To get help and support for GLBSE please email support@glbse.com
|
|
|
URSAY
Legendary
Offline
Activity: 1960
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 21, 2012, 03:24:04 PM |
|
If you folded this into Cognitive and it was reflected in the dividends then I would just buy more Cognitive. If you need to exchange LTC for BTC I hear btc-e is nice. Just a friendly suggestion. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
|
|
|
|
Garr255 (OP)
Legendary
Offline
Activity: 938
Merit: 1000
What's a GPU?
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 21, 2012, 04:29:45 PM |
|
If you folded this into Cognitive and it was reflected in the dividends then I would just buy more Cognitive. If you need to exchange LTC for BTC I hear btc-e is nice. Just a friendly suggestion. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I appreciate the input, and would be totally game for that method, but if we want to expand largely we would put too much negative pressure on the BTC/LTC market.
|
“First they ignore you, then they laugh at you, then they fight you, then you win.” -- Mahatma Gandhi
Average time between signing on to bitcointalk: Two weeks. Please don't expect responses any faster than that!
|
|
|
Kumala
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 21, 2012, 11:56:21 PM |
|
Spread your buys and sells between btc-e and Vircurex.com
|
Hacked Account! Don't send any money.
|
|
|
Garr255 (OP)
Legendary
Offline
Activity: 938
Merit: 1000
What's a GPU?
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 22, 2012, 12:38:08 AM |
|
Spread your buys and sells between btc-e and Vircurex.com
I definitely would like to maintain one asset, but I also want the best for Litecoin. Driving the price down in Litecoin's current state would not be a difficult thing to do with a large scale mining farm converting all earnings to BTC.
|
“First they ignore you, then they laugh at you, then they fight you, then you win.” -- Mahatma Gandhi
Average time between signing on to bitcointalk: Two weeks. Please don't expect responses any faster than that!
|
|
|
stochastic
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 22, 2012, 02:01:37 AM |
|
I don't think this is a good idea. Just because you mine some asset doesn't mean you have to pay in that asset.
|
Introducing constraints to the economy only serves to limit what can be economical.
|
|
|
|