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Author Topic: LOTTOCOIN OLD THREAD, [CLOSED]  (Read 370461 times)
lumberinvestments
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January 12, 2014, 11:18:57 PM
 #5261

I dont know where you guys got this information that Bitcoin was stamped as real money or "Legal currency" the only country that's even come close to this is Germany.. and even then it's only considered legal as a unit of account so that they can tax it.

I agree with the quote just want to expand on it further.

There is a lot of misunderstanding and disinformation regarding what BTC and altcoins are.

Much of the confusion is the result of most people being brainwashed from birth to be statists because they attended public education and watched too much TV.

What people need to understand is that governments are not "real" They are legal fictions. Yes I know there are armies, buildings and physical things that manifest themselves but "government" itself is really no different then a corporation.

A bunch of people get together, write down some shit on a piece of paper (constitution), they sign it and poof "government" exists where before it did not.

So if government only really exists on paper then it is easy to understand that governments jurisdiction does not extend to infinity. It can only extend so far as they have contracts, or agreements, legislation, treaties etc. All things that also only exist on paper.

Now since BTC and other alt coins were basically created open source out of nothing and no contracts or legislation were made to create them, there really is nothing on paper for governments to attach themselves too. There is nothing for them to contract with. They have no jurisdiction, period.

Now they can claim they do, they can say anything they want and you can believe them if you wish. But BTC and altcoins are outside of their control because they cannot contract with or create treaties with something that is not a "legal entity" and has no governing body (another corporation basically) with which to contract with.

So is BTC money? Well it depends on your definition of "money."

If by "money" you mean "legal tender" something created by a corporation, (the federal reserve is a corporation) then no it is not.

If by "money" you mean something of value that people are willing to accept in exchange then yes it is.

Now they can regulate the trading of BTC into USD or other government currencies because you are dealing in "their" money. They get jurisdiction on the fiat side of that trade, not the BTC side.

Just like they can tax you on your labor, as soon as you convert it into fiat, not before.

For example if I build a table from raw materials. The table is worth more then the material it is made from. I have gained "value" but tax is not due until I sell it for fiat.

Hope that helps people wrap their heads around what cryptocurrency is.

+100000000
Really good explanation and any 5 years old should be taught exactly this from the kindergarden.
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January 12, 2014, 11:32:25 PM
 #5262

Good evening folks!

Great stuff is going on, we have a functional Mac wallet (finally)
Redcoin launched his casino today at http://lotwincasino.com
Website went up and running smoothly yesterday (if you find any errors feel free to pm me)

And more things are in the workings.

Remember that you can always PM me if you need help with anything or if there is something you want to add to the now long list of games/applications/etc.

I know that the Coinpayment's vote did not go as planned, but we are going to be in on the next vote so let's just try our hardest again!

Keep fighting for what you believe in, and everything will be alright.  Myself and the rest of the Lottocoin team would like to say thank you for all of your efforts and dedication in making this coin as successful as it could be.

Stay strong and God speed!

Thanks, keep up the good work mate!
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January 13, 2014, 12:11:48 AM
 #5263



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DEDICATEDPOOL.COM
Thorgrim
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January 13, 2014, 12:47:08 AM
 #5264

Anyone else having deposit issues at Lotwin casino?

y3804
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January 13, 2014, 12:53:51 AM
 #5265


Variance my ass, this casino is clearly rigged. Probability is not working like that. Tried most of the games, 9 out of 10 games will be lost. Clearly the chances do not favor the player, they want to harvest as many coins as possible while it's still cheap.
I will tell you why ... because LOT is going to the moon and this is part of their plan.
Not a bad thing though .. as I sit on a LOT of LOT Smiley All of this is part of a more intricate plan.


Please everyone beware, you will lose all of your money in this casino as it is not returning 99 % ! I have tried other free casino playing for fun, you can check many websites, try 100 hands in blackjack, in slots, roulette, write down how many times you will win in all these 3 games/100 hands then come back and play lotwincasino and try the same.
If someone can come and prove to me how is still possible that this casino has 99 % return then I will be eating this keyboard and mouse and post the video here.

LOT is a pump and dump scheme, but it is for long term, 6 months to one year, not for the first two weeks.
And I am starting to think that C3ALL and y80whatever guy that are arguing in lottocoin thread *might be* part of the same team (redcoin/rapidballs/mrlotto/hampuz) to create a lot of debate about lottocoin - increase the posts of the lottocoin thread (free advertising to miners that will mine and dump their coins cheap), keep the value low so they can buy as much as possible, then profit as much as possible when it will increase after few months.
I smell a high level scheme in all of this, I can't tell my reasons why I can smell it, but I have good reasons.

Also regarding RapidBalls.eu, I was thinking to invest, but after calculating the probabilities to win and the return rate, it feels like a joke, it is clearly made to get as much money as possible from the player. The return rate is VERY VERY small. I have been offered to invest my money and given a list of investors and their respective amounts, their earnings, which seems not so much profitable at the moment - but clearly profitable over the long term, especially with the LOT raising in value. I made a promise to RapidBalls to not divulge any of the information provided regarding the invested amounts and I will keep that promise.
I am not saying that RapidBalls is a scam, or they try to cheat people, no ! They are just giving very small return for the chance to play.

I am still thinking to post all of these as a new topic on bitcointalk.org alt cryptocurrency after dumping all my coins and leave the game, and I don't know what is needed to change to stop me from writing a comprehensive article regarding this elaborate scam then publish it on all the forums and other article websites.
I might damage the reputation of this coin and the lotteries/casinos more than the y0whatever guy.

For now I only post it here where it can be hardly seen by anyone .. but I will think for one or two days then probably go ahead with my idea. I think I have better coins in which to invest the money I get from LOT.

Now we're all part of the same team, huh. I guess not.
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January 13, 2014, 01:07:31 AM
 #5266


Variance my ass, this casino is clearly rigged. Probability is not working like that. Tried most of the games, 9 out of 10 games will be lost. Clearly the chances do not favor the player, they want to harvest as many coins as possible while it's still cheap.
I will tell you why ... because LOT is going to the moon and this is part of their plan.
Not a bad thing though .. as I sit on a LOT of LOT Smiley All of this is part of a more intricate plan.


Please everyone beware, you will lose all of your money in this casino as it is not returning 99 % ! I have tried other free casino playing for fun, you can check many websites, try 100 hands in blackjack, in slots, roulette, write down how many times you will win in all these 3 games/100 hands then come back and play lotwincasino and try the same.
If someone can come and prove to me how is still possible that this casino has 99 % return then I will be eating this keyboard and mouse and post the video here.

LOT is a pump and dump scheme, but it is for long term, 6 months to one year, not for the first two weeks.
And I am starting to think that C3ALL and y80whatever guy that are arguing in lottocoin thread *might be* part of the same team (redcoin/rapidballs/mrlotto/hampuz) to create a lot of debate about lottocoin - increase the posts of the lottocoin thread (free advertising to miners that will mine and dump their coins cheap), keep the value low so they can buy as much as possible, then profit as much as possible when it will increase after few months.
I smell a high level scheme in all of this, I can't tell my reasons why I can smell it, but I have good reasons.

Also regarding RapidBalls.eu, I was thinking to invest, but after calculating the probabilities to win and the return rate, it feels like a joke, it is clearly made to get as much money as possible from the player. The return rate is VERY VERY small. I have been offered to invest my money and given a list of investors and their respective amounts, their earnings, which seems not so much profitable at the moment - but clearly profitable over the long term, especially with the LOT raising in value. I made a promise to RapidBalls to not divulge any of the information provided regarding the invested amounts and I will keep that promise.
I am not saying that RapidBalls is a scam, or they try to cheat people, no ! They are just giving very small return for the chance to play.

I am still thinking to post all of these as a new topic on bitcointalk.org alt cryptocurrency after dumping all my coins and leave the game, and I don't know what is needed to change to stop me from writing a comprehensive article regarding this elaborate scam then publish it on all the forums and other article websites.
I might damage the reputation of this coin and the lotteries/casinos more than the y0whatever guy.

For now I only post it here where it can be hardly seen by anyone .. but I will think for one or two days then probably go ahead with my idea. I think I have better coins in which to invest the money I get from LOT.

Now we're all part of the same team, huh. I guess not.

Small pecker boy
KeyserSozeMC
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January 13, 2014, 01:07:41 AM
 #5267

I have a information which could destroy the whole LOT project.

Hey, smexy. Don't waste your time. Time's precious.
boomerjackson
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January 13, 2014, 01:08:25 AM
 #5268

I have a information which could destroy the whole LOT project.

LMFAO, becareful guys I TOO have information that could undermine LOT!
KeyserSozeMC
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January 13, 2014, 01:12:51 AM
 #5269

I have a information which could destroy the whole LOT project.

LMFAO, becareful guys I TOO have information that could undermine LOT!
Okay..

Here it goes.


boomerjackson was filming y + c having sex.

What's your's information jackson?

Hey, smexy. Don't waste your time. Time's precious.
noedelx
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January 13, 2014, 01:13:01 AM
 #5270

some people realy need to buy a tinfoil hat  lol
boomerjackson
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January 13, 2014, 01:16:01 AM
 #5271

I have a information which could destroy the whole LOT project.

LMFAO, becareful guys I TOO have information that could undermine LOT!
Okay..

Here it goes.


boomerjackson was filming y + c having sex.

What's your's information jackson?

damnit that was it! you beat me to it! y+x having sex = little peckers unite!
y3804
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January 13, 2014, 01:16:29 AM
 #5272

I have a information which could destroy the whole LOT project.

LMFAO, becareful guys I TOO have information that could undermine LOT!
Okay..

Here it goes.


boomerjackson was filming y + c having sex.

What's your's information jackson?

keysersozemc was filming himself jacking off. why the fuck are you still here. go promote your other shitcoins. i thought you had no love for LOT?
Chrisiel4
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January 13, 2014, 01:17:25 AM
 #5273

Lotwin casino looks great ! but i dont know of this works for the lottocoin, because now the people who use the lottocoin go to the casino, and what we need is that people who go to the casino have to use the lottocoin,


boomerjackson
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January 13, 2014, 01:20:06 AM
 #5274

I have a information which could destroy the whole LOT project.

LMFAO, becareful guys I TOO have information that could undermine LOT!
Okay..

Here it goes.


boomerjackson was filming y + c having sex.

What's your's information jackson?

keysersozemc was filming himself jacking off. why the fuck are you still here. go promote your other shitcoins. i thought you had no love for LOT?

y r u always mad? little pecker?
KeyserSozeMC
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January 13, 2014, 01:21:55 AM
 #5275

Well, a good friend of mine made a coin. I'm promoting it right now.

I like LOT. Who said I don't like it? ffs.


As I've said. I'm holding a BIG bag of LOT. So, stop making me look bad for the project, kiddo. Grin



@jackson

He enjoyed it so hard

Hey, smexy. Don't waste your time. Time's precious.
Gecko_3
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January 13, 2014, 01:24:42 AM
 #5276

I dont know about any one else but i doubled my LOT on the casino and its fun cuz i actually like sluts ... err slots.
rmhuntley
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January 13, 2014, 01:41:57 AM
 #5277

Is lotwin down?

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heartthew
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January 13, 2014, 01:48:27 AM
 #5278

Gee, I'm starting to think we're ALL part of the team that is trying to get LOTTO on the road to success.

It's a CONSPIRACY.
Chrisiel4
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January 13, 2014, 01:55:21 AM
 #5279

Is lotwin down?

i think so
kpg99miner
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January 13, 2014, 01:55:45 AM
 #5280

I have a information which could destroy the whole LOT project.

LMFAO, becareful guys I TOO have information that could undermine LOT!
Okay..

Here it goes.


boomerjackson was filming y + c having sex.

What's your's information jackson?

rofl Grin Cheesy Grin Cheesy Roll Eyes Shocked Shocked

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