Benson Samuel
Legendary
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Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
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April 06, 2013, 06:29:32 AM |
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You can play safe by restricting purchase/ sell orders.
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"If you don't want people to know you're a scumbag then don't be a scumbag." -- margaritahuyan
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dishwara (OP)
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Activity: 1855
Merit: 1016
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April 06, 2013, 11:19:12 AM |
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Litecoin price WILL fluctuate too much until for some time, may be even a year or more than that.
Once bitcoins cant be mine with GPU, then the price of litecoins will increase further.
Buying litecoins with bitcoins is easier than INR.
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Pinwheel
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April 06, 2013, 03:32:42 PM |
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seems like holding bitcoins maybe be more profitable then spending money on GPUs to mine litecoins. is there any kind of mining calculator to check on profitability. Just wan to check if my old gaming computer can do any good.
Holding some shares of ASICminer may be even better. Any one owned some their shares?
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Tom Waits: We should just start as soon as possible cause we might catch a rabbit before we have our pants on. (Juxtapoz)
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Pinwheel
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April 10, 2013, 11:38:31 AM |
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nice mining calculator http://dustcoin.com/miningmining Litecoins with two GPU like 7950 at 1100 kH/s can give usd 23 per day. |
Tom Waits: We should just start as soon as possible cause we might catch a rabbit before we have our pants on. (Juxtapoz)
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zomo
Newbie
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Activity: 9
Merit: 0
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April 11, 2013, 01:15:44 PM |
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hi Guys,
Could you please recommend, where i can covert LTC to USD to INR ? I am still not clear on a proper channel for this.
Thanks
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Benson Samuel
Legendary
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Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
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April 11, 2013, 01:18:12 PM |
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try btc-e
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Dashing
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April 11, 2013, 05:02:41 PM |
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We plan to add LTC within 1 month after we start off BTC trading on our site, but as i feel the volume will be less, we well have to make it possible to do,
INR -> LTC
LTC -> INR
BTC -> LTC
LTC -> BTC
But the last 2 trading pairs are risky in a way, so we'll avoid them as long as needed.
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Fifth_ID
Member
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Activity: 69
Merit: 10
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April 13, 2013, 04:35:55 AM
Last edit: April 13, 2013, 05:24:00 AM by Fifth_ID |
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I just got a 7850 to try out mining litecoins. Cards run hot and the fans get noisy. It's not worth mining for more than a few hours unless you have a garage or spare room where it's ok to have computers without their side casings (no point mining at full speed unless there's strong airflow.)
As of now, I get no profit if I were to sell my mined litecoins at less than 125 INR (2.3 USD) per LTC at today's hash difficulty.
Edit: Changed cost estimate from 180 to 125. A pure mining rig can produce litecoins even cheaper but price isn't about cost, it's about market value.
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My latest nickname is Steve_1982
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Benson Samuel
Legendary
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Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
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April 13, 2013, 05:25:44 AM |
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Litecoins value can also be considered since it is an entry point into BTC for current adopters.
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Fifth_ID
Member
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Activity: 69
Merit: 10
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April 13, 2013, 05:51:54 AM
Last edit: April 13, 2013, 06:22:07 AM by Fifth_ID |
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You can get between 40 to 50 litecoins per bitcoin on btc-e. I can assume that when litecoins and bitcoins reach their optimum market cap, 1 bit coin would get only 4 litecoins instead of 40-50 today (litecoins are undervalued by a factor of 10 in that case in relation to bitcoin.)
I'd rather convert litecoins to INR instead of BTC when I'm ready to sell litecoins unless there's a really strong market where I can exchange bitcoins for things such as e-books or sponsoring social causes.
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My latest nickname is Steve_1982
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Pinwheel
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April 14, 2013, 05:49:09 AM |
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Litecoins tied up btc rate. how you determine Litecoins value if it valuated by btc rate only, and nothing else.
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Tom Waits: We should just start as soon as possible cause we might catch a rabbit before we have our pants on. (Juxtapoz)
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dishwara (OP)
Legendary
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Activity: 1855
Merit: 1016
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April 14, 2013, 01:07:21 PM |
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Litecoins tied up btc rate. how you determine Litecoins value if it valuated by btc rate only, and nothing else.
https://btc-e.com/exchange/ltc_usdhere LTC is traded for USD |
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Pinwheel
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April 15, 2013, 08:24:18 PM |
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Litecoins tied up btc rate. how you determine Litecoins value if it valuated by btc rate only, and nothing else.
https://btc-e.com/exchange/ltc_usdhere LTC is traded for USD just completed btc -> ltc -> usd ->btc exit with 25% in 3 days, not bad at all. |
Tom Waits: We should just start as soon as possible cause we might catch a rabbit before we have our pants on. (Juxtapoz)
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spndr7
Legendary
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Activity: 1020
Merit: 1000
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April 16, 2013, 08:23:23 AM |
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What is the easiest way to purchase litecoins using bitcoin?
Besides btc-e.com and vircurex.com, Litecoin can also exchanged for FRC,TRC,PPC and BTC at cryptonit.net . |
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dishwara (OP)
Legendary
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Activity: 1855
Merit: 1016
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November 18, 2013, 06:03:19 PM |
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Litecoin reached 9$
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dishwara (OP)
Legendary
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Activity: 1855
Merit: 1016
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November 25, 2013, 08:51:47 PM |
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11 USD
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skang
Sr. Member
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Activity: 452
Merit: 252
from democracy to self-rule.
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November 26, 2013, 08:18:59 AM |
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Litecoin is most popular after bitcoin. this popularity can be leveraged for a solution to an important problem.
The idea of hiding ones identities.
Imagine in future that govt starts tracking all the btc transactions, links them to ip etc. Why not? They have more than required resources to do so. Once they are sure its your address your identity is tied in. Enter altcryptos! All the altcryptos can be used as a medium to hide identity in various ways. A needs to pay B & hide identity. For escrow situations, A will pay C in btc, C pays B in LTC. For self preservation. Enter any major exchange (within seconds), convert to any altcrypto & exit! Mix & match situations to your imagination.
For me altcryptos have huge value in identity encapsulation.
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"India is the guru of the nations, the physician of the human soul in its profounder maladies; she is destined once more to remould the life of the world and restore the peace of the human spirit.
But Swaraj is the necessary condition of her work and before she can do the work, she must fulfil the condition."
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dishwara (OP)
Legendary
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Activity: 1855
Merit: 1016
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November 26, 2013, 12:24:21 PM |
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14$
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dishwara (OP)
Legendary
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Activity: 1855
Merit: 1016
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November 27, 2013, 02:16:43 PM |
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24$
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Amitabh S
Legendary
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Activity: 1001
Merit: 1003
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November 27, 2013, 02:46:08 PM |
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Is CPU mining on i7 any useful?
Also looking to buy 10 litecoins.. Any takers?
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