NVC killed BTC-E and Coinotron?

[jjiimm_64]

you could have mined something like 10k or more, the first days.. depending on your speed..

cough..bullsi..cough

I started mining with  4 5x7970rigs (9.3mh) a few hours after the coin showed up on coinotron for 24 hours.  I have less then 250 nvc.

You only made a bunch if you mined before then....  without getting exact, i think i started mining on the 5th day of the coins life.   when coinotron was at 45hm and diff was at 4.1

so, no you could not mine 10k unless had a huge farm......  or mined in the first 2 days

[laughingbear]

FYI  100,000 coins at current market value on btc-e = 640.00 BTC

640 BTC = 16640.00 USD

Yeah, WTF was I worried about?

Why you dont bitch about other members coin holdings? I dont see an 100k sell order on btc-e, and by the way, they deserve it. Please read my previous post too.

Because the other members didnt receive their coins as a BRIBE.

[Ja¥1337]

Actually, the first day it was announced i was mining about 150 NVC per hour...(solo) with just 700kh/s.. then everyone found out about it.. and the difficulty skyrocketed..

It's because the diff changes per block.. you must have come two hours too late..

Two hours to NVC.. is like two weeks with LTC, difficulty wise

[bitcool]

I like litecoin, have no problem with NVC itself, liked btc-e, and strongly dislike ddos.

but I do have problem with btc-e's handling on NVC and its launching process. Price/orders/hash rates all suggest that the launch of NVC was done at the expense of LTC community, at least partially.

Remember, as an anonymous exchange, customers have no recourse to recover the loss if SHTF, and they can only judge them by their behavior. Confidence is everything.

[efx]

Two hours to NVC.. is like two weeks with LTC, difficulty wise

Let's not completely lose sight of reality here... We all know that if the LTC hashrate increased by such a factor, the retarget period would roll around in about a day, probably less. If it continued increasing at the same rate...it will would happen again.


You're all kind of focused on the wrong subject. The real problem is the basic design. I don't think I need to explain the various interesting decisions made in the design of PPC and NVC. Those that are relevant to this specific area of discussion already know what these 'features' are.

Let's just say: highly experimental, asking for abuse and causing significant problems. It deserves to be experimented with, but it should also be marked with a bold "experimental" disclaimer.

Anyways, who knows what btc-e does? None of us. Don't keep a ton of money there (or any place that you do not control!) and use the disappearing walls (found on most trade pairs) to your advantage. That said, I am displeased with the lack of research into this coin by both BTC-e and Balthazar.  

[nethead]

What i (personaly) blame is that there are 10-20 persons that heavily invested in LTC hope-ing in some magic that would pump the price up and right now are losing money, and thats the reason for all that anger. <- My point of view.

I have nothing with LTC, i love it, as i love all the coins that made/make me some profit, but there shouldnt only be 10-20 persons holding most of the ltc's...

 


edit:

First, this guy is associated with btc-e, if I am not mistaken.
 Second, your only defence is that we are all just "jealous" that we weren't in on the scam from the start?  If that is your only argument, you only prove me correct.  You are also leaving out the part where the dev bribed the most popular alt coin exchange to feature the coin.

So, that means that everyone who owns an exchange cannot try to develop a coin, or cannot have a mod in there that developed a coin... Interesting... Insta-scammer if he does, by this logic right? Let me ask you, what IF you owned btc-e, and some time one of your mods made a coin? Wouldnt you put it there up for trade? Would you be a scammer for doing so?

Just felt like i MUST quote myself

[smoothie]

BTC-e should not HAVE TO accept a 110,000 NVC "guarantee" to add a coin to their exchange.

Right that is a GUARANTEE PROFIT for them...nothing else.

It's bullshit and I'm disappointed in BTC-e for allowing this.

RUC was one thing, but NVC is purely and simply a SCAM.

[nethead]

BTC-e should not HAVE TO accept a 110,000 NVC "guarantee" to add a coin to their exchange.

Right that is a GUARANTEE PROFIT for them...nothing else.

It's bullshit and I'm disappointed in BTC-e for allowing this.

RUC was one thing, but NVC is purely and simply a SCAM.

so, you are saying that they do not deserve to be payed by some way right??

[efx]

They earn money through fees...Pretty simple concept that most exchanges follow.

[smoothie]

BTC-e should not HAVE TO accept a 110,000 NVC "guarantee" to add a coin to their exchange.

Right that is a GUARANTEE PROFIT for them...nothing else.

It's bullshit and I'm disappointed in BTC-e for allowing this.

RUC was one thing, but NVC is purely and simply a SCAM.

so, you are saying that they do not deserve to be payed by some way right??

Hey Dumbass,

They charge 0.2% on each side of a trade...so that is 0.4% per trade.

So yes they are being paid, Genius.

LOL  

[Atruk]

Interesting times

[nethead]

k, i stop here.. trolls won

[12gaFacelift]

If idiots could fly, this place would be an airport.

[bitcool]

If idiots could fly, this place would be an airport.

You mean the place you just took off? 
  ;D

[bitcool]

Just a wild speculation: did they sell short LTC and now have difficulty meeting withdrawal requests?

It's always puzzling to see those 1M+ LTC sell orders because it would be stupid to do so if someone really wants to sell. Can't think of a better purpose other than discouraging a short squeeze or a "bank run".

Again, it's just a speculation. Anyway I believe btc-e was ddos'd before, so they should be back soon.

[Maniac]

Hence why it is a scam. They are THE largest holder of NVC. Probably a good 30% of all supply currently...AT LEAST!

their proportion will decrease with time

[Bettor]

k, i stop here.. trolls won

This post is THEE winner of the whole thread imo.

[hashman]

Somebody offers you a transparent service to trade something with others.. this is a scam how?  

When BTC-e devs worked for MMMCoin I didn't see all this fuss here.  

Really, if you don't want any don't buy them.  

Keep up the good work BTC-e support - -

A "transparent service" doesn't accept bribes.

Fair enough..  but some people would refer to this as advertisement.  These aren't police or politicians.   If you paid google they would put an ad for cosbycoin.   

Anyway, I'm waiting for the Dmitri video to come out.      

[nethead]

Lol... in the meantime all this happens LTC hashrate goes up, so guess who is behind those ddos'es and all those threads 
Is it the 10-20 persons that hold most of the litecoins? No? They must have been ultra pissed that their investment didnt go up, but also scared. Now i really hope that nvc was a joke, for those persons to reveal what they are. If now nvc vanishes, ltc too will drop bellow zero.

[smoothie]

Lol... in the meantime all this happens LTC hashrate goes up, so guess who is behind those ddos'es and all those threads 
Is it the 10-20 persons that hold most of the litecoins? No? They must have been ultra pissed that their investment didnt go up, but also scared. Now i really hope that nvc was a joke, for those persons to reveal what they are. If now nvc vanishes, ltc too will drop bellow zero.

Right a negative price lol...you are a retard lol...but you make me laugh so you're okay with me