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aikklond
Legendary
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Activity: 1148
Merit: 1000
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April 30, 2013, 08:46:03 PM |
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lol, Difficulty increase will decrease Sales thus increase price no matter what. market goes up and down, but difficulty increase ALWAYS drives the price up. What dont you understand. You cant be that illiterate..... Are you trying to scam people into selling their coins?
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perhan007 (OP)
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April 30, 2013, 08:50:50 PM |
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lol, Difficulty increase will decrease Sales thus increase price no matter what. market goes up and down, but difficulty increase ALWAYS drives the price up. What dont you understand. You cant be that illiterate..... Are you trying to scam people into selling their coins? Do you even know what the word scam means? Don't use it like a complete moron please. Why is the price of LTC lower @diff. 480 than it was @90?
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aikklond
Legendary
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Activity: 1148
Merit: 1000
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April 30, 2013, 08:59:57 PM |
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lol, Difficulty increase will decrease Sales thus increase price no matter what. market goes up and down, but difficulty increase ALWAYS drives the price up. What dont you understand. You cant be that illiterate..... Are you trying to scam people into selling their coins? Do you even know what the word scam means? Don't use it like a complete moron please. Why is the price of LTC lower @diff. 480 than it was @90? 1) Because the market became saturated with litecoins after huge numbers where produced! High production dropped the price! 2) If difficulty reduces production of FTC price will go up eventualy, this is why I hold 90% of my coins. Moreover when FTC hits a major market (e.g. BTCE, Vircurex) PRice will go BERSERK, at least for a while In order for Feathercoin to become overvalued/reach its peak price it needs to hit 0,15-0,25 LTC at least!
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GIANNAT
Legendary
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Activity: 1038
Merit: 1000
Bitcoin entrepreneur and Pro Trader
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April 30, 2013, 09:01:24 PM |
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1) create new coin 2) mine the fuck out of it 3) wait 2-3 days while new fools join it 4) sell your coin 5) repeat
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aikklond
Legendary
Offline
Activity: 1148
Merit: 1000
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April 30, 2013, 09:11:39 PM |
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lol, Difficulty increase will decrease Sales thus increase price no matter what. You can increase difficulty to 1 trillion but there will still be 200 FTC per block, and if miners don't jump of the chain, there will be 1 block in 2.5 minutes on average. In other words the supply stays the same. Demand is already almost 3 times smaller than supply. Thus, the only way you can actualy maintain the price is to make at least 3/4 miners jump off the FTC train - block time would drop to around 10 minutes - and also insure that no one holding a lot of coins makes massive dumps. Good luck! you make ZERO sence. Demand moves independently of difficulty only supply is affected. Thus price increase. Start Minning or Buying.
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503guy
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 30, 2013, 09:18:06 PM |
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1) create new coin 2) mine the fuck out of it 3) wait 2-3 days while new fools join it 4) sell your coin 5) repeat
Ding!
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jt7382
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 30, 2013, 09:28:51 PM |
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lol, Difficulty increase will decrease Sales thus increase price no matter what. You can increase difficulty to 1 trillion but there will still be 200 FTC per block, and if miners don't jump of the chain, there will be 1 block in 2.5 minutes on average. In other words the supply stays the same. Demand is already almost 3 times smaller than supply. Thus, the only way you can actualy maintain the price is to make at least 3/4 miners jump off the FTC train - block time would drop to around 10 minutes - and also insure that no one holding a lot of coins makes massive dumps. Good luck! you make ZERO sence. Demand moves independently of difficulty only supply is affected. Thus price increase. Start Minning or Buying. That dude is a troll. Just ignore.
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gabbynot
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April 30, 2013, 09:30:41 PM |
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Last trade @ .03615 LTC. Moving down pretty fast, actually.
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503guy
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April 30, 2013, 09:40:20 PM |
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That dude is a troll. Just ignore.
Yes, ignore me and everyone else posting what you retards can't comprehend or just don't want to comprehend. You'll end up pretty much like the guy who ended up scammed months ago after he ignored me and most others here pointing finger to probable scammers. Be as genius as he was. Retards should learn lessions the hardest possible way anyway. I think he was telling you to ignore the other guy.
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503guy
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April 30, 2013, 09:42:52 PM |
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FYI, this is what it looks like when a stock is about to collapse: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FMpGOIqh.png&t=665&c=nBT-GrDNdn9-9Q)
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Cyberdyne
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April 30, 2013, 11:03:05 PM |
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Very curious what will happen next (or even next week). After dumping heaps too early at 15, I've just dumped most of the rest at 45-ish.
I can't see the price holding up, simply because there are going to be so many fc, so fast.
Maybe it will get to 0.1 LTC one day, but not near the start of it's life when there is a glut of coins and still a very small number of people in the market.
Well, whatever happens, I've made a shiny-looking pile of LTC out of it so far.
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thep33t
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April 30, 2013, 11:04:49 PM |
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FYI, this is what it looks like when a stock is about to collapse: snip
You should really put limits on upper and lower bounds. I could go put in a buy order of 20million at a ridiculous price, and it would skew it the other way. It is more like 2:1 atm taking the outliers out.
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