Litecoins

[dishwara]

Those who believe Bitcoin change the world, change the way we handle money, also put your interests in other cyrpto currencies like Litecoin.

There is NEVER "THE ONE" to rule this earth alone.

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[Benson Samuel]

For those who are not a part of the Litecoin rush, it has gone up from $0.60 to $4 yesterday.

Mt Gox may be including Litecoin and Namecoin very soon.

[infonetenergy]

What is the easiest way to purchase litecoins using bitcoin?

[Benson Samuel]

BTC-e for now. Mt Gox soon.
Also Vicurex

[dishwara]

Dishwara: I think you should donate 1 LTC to anyone who responds to this thread

LTsiqpNHxN7pShS13XbQYCGDFmFYdMq4fN

If i am that rich, then i don't have to sell my hardwares for half price.

[jayguar]

I've starting mining Litecoins in Litecoinpool.org. With my limited resources, I'm not getting much, but it is still something I can use.

Is there anyone selling Litecoins in India?

[Amitabh S]

Can anyone point to a good guide for gpu litecoin mining?

[Benson Samuel]

Check with litecoinpool.org
cgminer does just fine for GPU mining.

[Benson Samuel]

Is there anyone selling Litecoins in India?

If you are buying in Bitcoin, yes.

[dishwara]

Reaper works good & gives more hash for me than cgminer when mining litecoins with GPU.
http://wiki.solidcoin.info/wiki/Reaper

https://bitcointalk.org/index.php?topic=64239.msg775590#msg775590
https://bitcointalk.org/index.php?topic=67163.msg781583#msg781583

[jayguar]

Can anyone suggest a good graphic card under Rs. 10000 for mining litecoins? I'm using an i5-2320 3.00 GHz

[Benson Samuel]

http://www.flipkart.com/sapphire-amd-ati-radeon-hd-6850-1-gb-gddr5-graphics-card/p/itmd4f6sqvceuc5g

[Dashing]

Yes, Litecoins have suddenly gained a lot of miners and even the price has gone up a lot, mostly due to ASICs taking over Bitcoin mining, smaller GPU miners moved onto Litecoin

Might be interesting to find out how many LTC users are there, might open a small trading category for that if the volume is good (1:1 buy / sell)

[jayguar]

There is sudden fall in LTC prices today.

[Benson Samuel]

That is correct. With Mt Gox being DDOS'd every minute, people doubt if LTC will get into Mt Gox anytime soon.
Hence the drop. Guess this will be a long term investment as well.

[Rampion]

There is sudden fall in LTC prices today.

LTC is and will be very volatile - I mean MORE volatile than BTC. Is mostly a speculators tool to double up quickly BTC holdings, in fact during last week its value has gone x10

[Benson Samuel]

Expect LTC to rise in few months.
Am holding till it hits 10.

[buysellbitcoin]

Expect LTC to rise in few months.
Am holding till it hits 10.

Litecoins will always be volatile. But you can safely assume them as second good choice available with crypto currencies at the moment. If you are not day trader in Litecoins, you do not need to worry.. It will give you great returns in long term.


@Benson
When it hits 10, make sure you sell it on buysellbitco.in  ( Hopefully we will add Litecoin as option in very near future )

Cheers

[StLucifer]

Litecoin does seem like the only other interesting crypto currency and has gained a lot in value over the last one or 2 weeks.

Litecoins would be an awesome addition to buysellbitco.in

So far i have only been able to procure litecoins by mining, and considering the sudden spurt in difficulty recently, it is no longer profitable for me to mine on my stupid box.. buying in India would be a welcome addition, and gives people more choices.
Nice
I like it.

[buysellbitcoin]

Litecoin does seem like the only other interesting crypto currency and has gained a lot in value over the last one or 2 weeks.

Litecoins would be an awesome addition to buysellbitco.in

So far i have only been able to procure litecoins by mining, and considering the sudden spurt in difficulty recently, it is no longer profitable for me to mine on my stupid box.. buying in India would be a welcome addition, and gives people more choices.
Nice
I like it.

We are just trying to figure out few possibilities at the moment like what would be best way to price Litecoins. Litecoins are tricky spices when it comes to price. As per our current observation it is much better to offer litecoins taking bitcoins as payment rather than INR because the way litecoins prices swing is kind of roller coaster ride. Price swing is there in bitcoin too, but generally it has a market trend as the economy is much more mature than litecoin it obeys market trends and its tough to manipulate the economy in huge percentage. With Litecoin you can never guarranty trend of market.

Lets see how it goes

Cheers