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Galimore
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December 21, 2013, 03:16:09 AM |
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I'm bidding some at 1 and 2 satoshi at coinedup if anyone would like to dump into me..  People are being idiots right now. With the difficulty quadrupling (and likely to rise much, much higher the second it gets listed on coinwarz/coinchoose) it's already much less profitable than just sitting on a profit switching pool at this price. There hasn't been any time to build up any buy depth and people are just dumping into lowballs anyways. CoinedUp has extremely low volume, just be patient and it'll be on cryptsy/coins-e shortly. Edit: Whoever bought up a shit-ton at <0.0000002 is going to make a killing if it goes on cryptsy later tonight like it's supposed to. And the difficulty is up 500% now. |
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Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
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fud_etra
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December 21, 2013, 03:17:59 AM |
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Net hash has increased 5 times since it's on CoinedUp. To the moon!!!
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kpg99miner
Member
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Activity: 112
Merit: 10
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December 21, 2013, 03:19:10 AM |
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The network hash rate jumped! 700+MHS  |
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publicstalker
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December 21, 2013, 03:19:23 AM |
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what you think it's the right price for LOT in the near future?
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rocketron
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December 21, 2013, 03:20:50 AM |
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what you think it's the right price for LOT in the near future?
i would project in the short term 500k LOT/ 1BTC |
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Galimore
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December 21, 2013, 03:28:59 AM |
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what you think it's the right price for LOT in the near future?
i would project in the short term 500k LOT/ 1BTC We'll see. Doge settled around 0.000001 after the multipools got a hold of it and shot the difficulty through the roof (although it spiked much higher than that for the first day or so). Lottocoin is produced at ~10-15% the rate of doge, so in theory it should be quite a bit more valuable but it also doesn't have the crazy hype that Doge got. You can be sure the people that just panicked and dumped 500k+ at 0.00000014 aren't going to be happy though. |
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zakorus
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December 21, 2013, 03:30:35 AM |
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what you think it's the right price for LOT in the near future?
i would project in the short term 500k LOT/ 1BTC We'll see. Doge settled around 0.000001 after the multipools got a hold of it and shot the difficulty through the roof (although it spiked much higher than that for the first day or so). Lottocoin is produced at ~10-15% the rate of doge, so in theory it should be quite a bit more valuable but it also doesn't have the crazy hype that Doge got. You can be sure the people that just dumped 500k+ at 0.00000014 aren't going to be happy though. yep |
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y3804
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December 21, 2013, 03:31:45 AM
Last edit: December 21, 2013, 03:44:08 AM by y3804 |
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what you think it's the right price for LOT in the near future?
i would project in the short term 500k LOT/ 1BTC Once this goes on Cryptsy, yes. 33x as hard to mine than Doge. (30k/block vs 1M/block) Just make sure not to dump too low on Coinedup. You will regret it. The best you could do is buy as much on CoinedUp right now while rates are still very low. HOLD, don't DUMP. Buy as much on Coinedup. Price will rocket on Cryptsy! |
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darin2risk
Newbie
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Activity: 11
Merit: 0
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December 21, 2013, 03:32:59 AM |
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fasten our seatbelts !!!!
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Hampuz
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December 21, 2013, 03:33:45 AM |
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what you think it's the right price for LOT in the near future?
I would say around DOGES value right now, and increasing later on, since LOT has a lot of potential and a true purpose. In the coming days you should ATLEAST be able to sell 1million LOT for 1-2btc. |
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BC-Trader
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December 21, 2013, 03:34:21 AM |
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crpytsy is extra slow right now, maybe they are working on the site(aka..adding lottocoin)... or maybe that is just how crpytsy is nowadays  |
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Hampuz
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December 21, 2013, 03:35:31 AM |
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crpytsy is extra slow right now, maybe they are working on the site(aka..adding lottocoin)... or maybe that is just how crpytsy is nowadays Im gonna say the first, they often want confirmation of another exchange adding a coin, well, now they have it. Soon we are rolling in money  |
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damnation
Member
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Activity: 98
Merit: 10
https://bitcointalk.org/index.php?topic=434996.0
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December 21, 2013, 03:37:06 AM |
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question are the network hash rates that are shown correct.
I rem a couple of days back pool hash rates were higher than network. so am unsure if its correct
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publicstalker
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December 21, 2013, 03:37:42 AM |
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There should be more people like developers doing sites and all kind of stuff that accepts lottocoin, but in a professional way. I'm trying to figure out what to do. I was thinking about a lottery, but someone already did it. Anyway, I'm hoping it gets higher and higher what you think it's the right price for LOT in the near future?
I would say around DOGES value right now, and increasing later on, since LOT has a lot of potential and a true purpose. In the coming days you should ATLEAST be able to sell 1million LOT for 1-2btc. Could you tell me why it has a lot of pontential and what is that true purpose? |
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Hampuz
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December 21, 2013, 03:40:47 AM |
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There should be more people like developers doing sites and all kind of stuff that accepts lottocoin, but in a professional way. I'm trying to figure out what to do. I was thinking about a lottery, but someone already did it. Anyway, I'm hoping it gets higher and higher what you think it's the right price for LOT in the near future?
I would say around DOGES value right now, and increasing later on, since LOT has a lot of potential and a true purpose. In the coming days you should ATLEAST be able to sell 1million LOT for 1-2btc. Could you tell me why it has a lot of pontential and what is that true purpose? Well, is it not obvious? Doge was made as a joke, a coin with no other purpose than being a meme. Memes die out sooner or later. Something that involves Lottery can live forever. You know how big the Lottery industry is? Google it and you will be amazed |
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rocketron
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December 21, 2013, 03:43:52 AM |
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and also not to mention the 1million daily superblocks that will keep miners mining!
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darin2risk
Newbie
Offline
Activity: 11
Merit: 0
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December 21, 2013, 03:46:00 AM |
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Damn cryptsy is dog sloooow tonight
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publicstalker
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December 21, 2013, 03:50:18 AM |
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There should be more people like developers doing sites and all kind of stuff that accepts lottocoin, but in a professional way. I'm trying to figure out what to do. I was thinking about a lottery, but someone already did it. Anyway, I'm hoping it gets higher and higher what you think it's the right price for LOT in the near future?
I would say around DOGES value right now, and increasing later on, since LOT has a lot of potential and a true purpose. In the coming days you should ATLEAST be able to sell 1million LOT for 1-2btc. Could you tell me why it has a lot of pontential and what is that true purpose? Well, is it not obvious? Doge was made as a joke, a coin with no other purpose than being a meme. Memes die out sooner or later. Something that involves Lottery can live forever. You know how big the Lottery industry is? Google it and you will be amazed Ok, but what makes this coin so different from Tickets or Casinocoin for example. They could be used for lottery or am I wrong? and also not to mention the 1million daily superblocks that will keep miners mining!
But this is a feature for miners and I'm thinking about people that buy the coin and want to use it. So the coin by itself has no value if there is nothing to be done with it. Why will I trade the coin in a market if this coin is only enjoyable for those who mine |
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Galimore
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December 21, 2013, 03:56:00 AM |
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But this is a feature for miners and I'm thinking about people that buy the coin and want to use it.
So the coin by itself has no value if there is nothing to be done with it.
Why will I trade the coin in a market if this coin is only enjoyable for those who mine
The idea that people are buying of the any of these scrypt clone coins for any reason other than speculation is ridiculous. None of them really have a single use outside of perhaps a just-dice type of casino or a couple of websites written by the devs to generate interest. People will buy them to pump up the price and then sell for a profit. That's it. I promise you that nobody is buying worldcoin thinking it will be the defacto currency the world uses in 20 years (which is how bitcoin is being hyped). |
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Hampuz
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December 21, 2013, 04:00:01 AM |
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There should be more people like developers doing sites and all kind of stuff that accepts lottocoin, but in a professional way. I'm trying to figure out what to do. I was thinking about a lottery, but someone already did it. Anyway, I'm hoping it gets higher and higher what you think it's the right price for LOT in the near future?
I would say around DOGES value right now, and increasing later on, since LOT has a lot of potential and a true purpose. In the coming days you should ATLEAST be able to sell 1million LOT for 1-2btc. Could you tell me why it has a lot of pontential and what is that true purpose? Well, is it not obvious? Doge was made as a joke, a coin with no other purpose than being a meme. Memes die out sooner or later. Something that involves Lottery can live forever. You know how big the Lottery industry is? Google it and you will be amazed Ok, but what makes this coin so different from Tickets or Casinocoin for example. They could be used for lottery or am I wrong? and also not to mention the 1million daily superblocks that will keep miners mining!
But this is a feature for miners and I'm thinking about people that buy the coin and want to use it. So the coin by itself has no value if there is nothing to be done with it. Why will I trade the coin in a market if this coin is only enjoyable for those who mine Well its all about that niche, right? This coins purpose is Lottery and Lottery alone. When you think about casino you dont think Lottery. And as for Tickets, it could probably be more than it is today, if it wanted to. That is why we can really take a big place on the market! |
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