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Author Topic: Litecoin price is blowing up!  (Read 9521 times)
cunicula
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October 13, 2012, 03:07:29 AM
 #41

A rise in litecoin price could be a rational response to expected ASIC deployment (though the effect seems too big?).

Investments in assets yielding litecoin and bitcion generate an incentive for complementary investments in litecoin and bitcoin applications. If ASICS make GPUs useless for producing bitcoin, then incentives for GPU owners to develop litecoin applications will be strengthened (i.e. efforts at bitcoin development will be diverted to litecoin). Essentially GPU owners will want to rescue their equipment from obsolescence.

Improvements in litecoin applications would increase demand for litecoin, positively affecting price.

Note that this only affects currencies that this should only affect currencies that can be mined with GPUs, but not with ASICs.

[Note: This is not investment advice. The price rise seems larger than could be justified to me.]
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October 13, 2012, 03:21:11 AM
 #42

Thats because I am not trolling! I am a legitimate Data Processing business, and virtual estates are data.

-MarkM-


Why is it that your service/product/whatever doesn't interest me much

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markm
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October 13, 2012, 03:26:40 AM
 #43

Thats because I am not trolling! I am a legitimate Data Processing business, and virtual estates are data.

-MarkM-


Why is it that your service/product/whatever doesn't interest me much

Maybe you just aren't a particularly interesting person, I don't know. Could even be a matter of [lack of] "taste" or something.

-MarkM-

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October 13, 2012, 03:30:08 AM
 #44

Thats because I am not trolling! I am a legitimate Data Processing business, and virtual estates are data.

-MarkM-


Why is it that your service/product/whatever doesn't interest me much

Maybe you just aren't a particularly interesting person, I don't know. Could even be a matter of [lack of] "taste" or something.

-MarkM-

Rrrrright...

Your service/product/whatever = interesting

hmm......how many people have bought into your service? if you don't mind my asking...

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markm
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October 13, 2012, 03:32:46 AM
 #45

Many, over the years, however virtual estates are a relatively new product we are so far just feeling out the market about to see if they are worth investing heavily into.

-MarkM-

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October 13, 2012, 03:33:45 AM
 #46

Many, over the years, however virtual estates are a relatively new product we are so far just feeling out the market about to see if they are worth investing heavily into.

-MarkM-


Do go on....i'm listening...what are these virtual estates you speak of.

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markm
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October 13, 2012, 03:42:21 AM
 #47

Now who is trolling? Start a separate thread if you are so interested.

-MarkM-

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October 13, 2012, 03:55:44 AM
 #48

Now who is trolling? Start a separate thread if you are so interested.

-MarkM-


Okay. I hope you aren't this way with every other person who shows interest in what you "do".

And it's my job to troll. If you don't like it...keep crying  Cheesy

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October 13, 2012, 05:46:45 AM
 #49

Back to the topic - 7.7c/LTC Sad
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October 13, 2012, 10:36:01 AM
 #50

8.2c/LTC

Bitcoin will show the world what hard money really is.
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October 13, 2012, 06:27:52 PM
 #51

Here's comes the dump. -10% in 5 hours. 

Thanks for this thread, it seemed to do the purpose of the pumpers, helped fuel it up enof for them to start dumping.
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October 13, 2012, 06:37:49 PM
 #52

Here's comes the dump. -10% in 5 hours. 

Thanks for this thread, it seemed to do the purpose of the pumpers, helped fuel it up enof for them to start dumping.
fuck off!

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October 13, 2012, 07:00:48 PM
 #53

Here's comes the dump. -10% in 5 hours. 

Thanks for this thread, it seemed to do the purpose of the pumpers, helped fuel it up enof for them to start dumping.


www.ProofOfStake.com

That chart looks pretty much like a PUMP and DUMP! Care to debunk my theory?

LOL  Cheesy

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            ,╓p@@███████@╗╖,           
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October 13, 2012, 07:01:56 PM
 #54

Here's comes the dump. -10% in 5 hours. 

Thanks for this thread, it seemed to do the purpose of the pumpers, helped fuel it up enof for them to start dumping.


www.ProofOfStake.com

That chart looks pretty much like a PUMP and DUMP! Care to debunk my theory?

LOL  Cheesy

+100000 !!

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October 13, 2012, 07:05:57 PM
 #55

any historical price chart of BTC? sCry is gone  Sad
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October 13, 2012, 07:19:04 PM
 #56

any historical price chart of BTC? sCry is gone  Sad

https://bitcointalk.org/index.php?topic=50591.0

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October 14, 2012, 04:34:33 AM
 #57

Trade volume over the last 24h has been crazy high. Almost 2x that of bitcoin on MtCocks.
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October 14, 2012, 01:44:05 PM
 #58

...on MtCocks.

ROFL
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October 15, 2012, 03:46:49 AM
 #59

That's a lot of cocks.
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October 15, 2012, 04:16:11 AM
 #60

As much as I'd like to see LTC be successful, how will the value hold up if tons of GPU miners start mining it, drive the difficulty up, just to sell it?  If it doesn't serve a purpose other than than converting it right away, it will not remain profitable against what it is converted to for long.

I see the value of Bitcoin, so I don't worry about the price...
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