LOTTOCOIN OLD THREAD, [CLOSED]

[C3ALL]

Ok, what you say is true. AND YOUR QUESTION HAS BEEN ANSWERED. NO SPREADSHEET. SO WHAT ARE YOU GOING TO DO?

Sit on it and wait until its profitable to sell.  Mine something else thats giving better daily returns until this gets back on top again.  Im under no illusion that there will be some magic fix that will send this to 200 Satoshi or more.  We've had wild speculation that its going to be 100-200x current value a year from now - its all just guesswork and pumping.

You ask what Im going to do.  Probably the same as the majority.  While ever its behaving like any other alt coin, Ill treat it like any other alt coin that I cant see going anywhere until the serious questions get answered properly.  Mine when its profitable and dump straight to cryptsy autosell. Hold a percentage back in case it turns out to be silly high value in a year or so. When and IF, some of the serious issues and questions are answered, then it may be time to hold imho and see market reaction, but for now until there is movement to have the coin and its premine taken seriously, then why would you expect anyone to do anything other than dump it?

Lets have some concrete reasons for people to hold or buy.

All we get is - exciting news coming soon....  LOT will never be this cheap again.....  New games to play......  LOT will be 200x this in a year....

Why?  where is the evidence to show that LOT will be any different what so ever to DOGE, MOON, CAT, etc etc etc....

[Chris001]

Ok, what you say is true. AND YOUR QUESTION HAS BEEN ANSWERED. NO SPREADSHEET. SO WHAT ARE YOU GOING TO DO?

Sit on it and wait until its profitable to sell.  Mine something else thats giving better daily returns until this gets back on top again.  Im under no illusion that there will be some magic fix that will send this to 200 Satoshi or more.  We've had wild speculation that its going to be 100-200x current value a year from now - its all just guesswork and pumping.

You ask what Im going to do.  Probably the same as the majority.  While ever its behaving like any other alt coin, Ill treat it like any other alt coin that I cant see going anywhere until the serious questions get answered properly.  Mine when its profitable and dump straight to cryptsy autosell. Hold a percentage back in case it turns out to be silly high value in a year or so. When and IF, some of the serious issues and questions are answered, then it may be time to hold imho and see market reaction, but for now until there is movement to have the coin and its premine taken seriously, then why would you expect anyone to do anything other than dump it?

Lets have some concrete reasons for people to hold or buy.

All we get is - exciting news coming soon....  LOT will never be this cheap again.....  New games to play......  LOT will be 200x this in a year....

Why?  where is the evidence to show that LOT will be any different what so ever to DOGE, MOON, CAT, etc etc etc....

OK, cool. I think this is good news that the person who is the hardest on LOT is still holding onto it because he believes it is going to go up.

I guess I'll take it. LOL. Enjoy the Porche, Maybe I should get into this mining thing.

[skillrun]

Three hours left guys!  Be prepared!

https://twitter.com/Lotto_Coin

Cheers!

+1

exited about it ....

Hope this will be good news.

[haggis]

We now have prices as we had before Cryptsy launch at Coinedup. Thinking about stacking up. I mean...37 satoshi for a coin with its own ecosystem - it can barely go down from here, doesn't it?

[haggis]

BTW: I'm very glad to see Coinbomb is now supporting Firefox!

[C3ALL]

BTW: I'm very glad to see Coinbomb is now supporting Firefox!

Captcha on the purchase button - YAY!!!!!!   There will be a lot of upset cheats now.

Excellent work by Redcoin 

[noedelx]

Dam LOT 4 at coinbomb looks tasty

[Hampuz]

Dropping the bomb! Here we go guys. Expect some great coverage of LottoCoin this coming week!

https://twitter.com/Lotto_Coin

https://bitcointalk.org/index.php?topic=397327.msg4289218#msg4289218

Cheers!

[mrbrdo]

Not sure how the cheats worked, but just so you know there are sites where you get an API to get humans to solve captchas for you in a few seconds after you submit it (and it's crazy cheap, something like $5 per 1k captchas solved). You can use it fully programatically like any API.
If the cheat was based on very fast reaction then nevermind But if not then the problem is still there.

[C3ALL]

Nah, cheat was based on having some firefox addon submit the form directly to the site.  i.e. instead of clicking buy, waiting for the popup window, inputting your LOT address, name and clicking buy - the cheat just submitted your address and name straight to the site and bypassed all that popup window etc.  It could be timed to just keep submitting it over and over, so as soon as the site was ready to accept another buy, they got in straight away and reserved the slot while everyone else was still opening the popup window.

Hopefully the game will be fairer for all now.

[rocketron]

any progress updates on the development of the android wallet mrlotto ?

[Gasai Yuno]

lotto seems the most profitable coin around.

any good pools? i will switch to lotto from doge.

[mrbrdo]

I was on dedicatedpool and I liked it. Nice high hashrate, working flawlessly.

[noedelx]

lotto seems the most profitable coin around.

any good pools? i will switch to lotto from doge.

on the prontpage of the thread theres alot of pools =]
welcome bro  welcome to lottocoin!

[raistlinthewiz]

http://lot.coinium.org/

Quick Start

Start with registering on our pool & creating workers for your computers. You can use our automated config generator in our workers page and download pre-configured files for your mining software.

EU Stratum Server: stratum+tcp://eu.coinum.org:3337
US Stratum Server: stratum+tcp://us.coinum.org:3337

CGMiner Configuration

Here is sample CGMiner configurations with fail-over support. Given that the stratum server you use fails, your miner software will continue to work with out other stratum server.
Note: You have to change WORKER and PASS with your actual worker-name and worker-password values you get from workers page.

EU

Code:

./cgminer -o stratum+tcp://eu.coinium.org:3337 -u WORKER -p PASS --failover-only -o stratum+tcp://us.coinium.org:3337 -u WORKER -p PASS --scrypt -I 13

US

Code:

./cgminer -o stratum+tcp://us.coinium.org:3337 -u WORKER -p PASS --failover-only -o stratum+tcp://eu.coinium.org:3337 -u WORKER -p PASS --scrypt -I 13

• Our network - We already operate first class & high performance pools, check our other pools over http://www.coinium.org
• %0 fee - Our network have no fees! We just kindly ask you to donate if you like to.
• Stratum servers - We have stratum servers in Europe and  United States. Right now we have a total of 4 servers (2 stratum server, 1 webserver and 1 database server) and we are quickly upgrading & adding new servers to stack when we need to.
• Fail-over config support - In case that the stratum server you use fails, your miner will just continue to mine with our secondary stratum server.
• DDOS Protected - Our servers are DDOS protected 7x24!
• Automated backups - We get automated backups of our system.
• Automatic payments - You can set automatic payments if you like to.
• Fast confirmations - We are quickly processing your transactions once newly found blocks are confirmed.
• Automatic config generator - Check our workers page to automatically download a generated configuration file for your workers with fail-over support!
• Continous support - We are eager to help our users! You can ask for support in our forum topic.
• IRC support - We have operators in our IRC channel and you can chit-chat about mining too.
• Mobile friendly - We have mobile friendly user interface so you can check your miner's status from your mobile devices
• Contests - We are regularly creating contests and giving bonus coins to our miners!

[svennand]

Ok, what you say is true. AND YOUR QUESTION HAS BEEN ANSWERED. NO SPREADSHEET. SO WHAT ARE YOU GOING TO DO?

Sit on it and wait until its profitable to sell.  Mine something else thats giving better daily returns until this gets back on top again.  Im under no illusion that there will be some magic fix that will send this to 200 Satoshi or more.  We've had wild speculation that its going to be 100-200x current value a year from now - its all just guesswork and pumping.

You ask what Im going to do.  Probably the same as the majority.  While ever its behaving like any other alt coin, Ill treat it like any other alt coin that I cant see going anywhere until the serious questions get answered properly.  Mine when its profitable and dump straight to cryptsy autosell. Hold a percentage back in case it turns out to be silly high value in a year or so. When and IF, some of the serious issues and questions are answered, then it may be time to hold imho and see market reaction, but for now until there is movement to have the coin and its premine taken seriously, then why would you expect anyone to do anything other than dump it?

Lets have some concrete reasons for people to hold or buy.

All we get is - exciting news coming soon....  LOT will never be this cheap again.....  New games to play......  LOT will be 200x this in a year....

Why?  where is the evidence to show that LOT will be any different what so ever to DOGE, MOON, CAT, etc etc etc....

If you ever decide to create your own coin, please do let me know so i can
direct all my miners at it and get some seriouse pools to support it!

I agree with your posts, but have given up arguing about it...
You have my full support:)

[fast-pool.com]

whats wrong with lotto pools? i checked few and all of them have extremly bad luck...

on our pool http://lotto.fast-pool.com 1 block found and still non...other pools also 700% 800%   per block...any idea why?  

other pool...not our

all pools like that! we need to fix it!

http://img585.imageshack.us/img585/462/51c9.png

i think problem solved..need more miners to check! please join us

PROBLEM SOLVED! ALL OF YOU CAN NOW SWITCH FROM
"BADLUCK" MINE'S TO OUR ONE!

http://lotto.fast-pool.com

[C3ALL]

If you ever decide to create your own coin, please do let me know so i can
direct all my miners at it and get some seriouse pools to support it!

I agree with your posts, but have given up arguing about it...
You have my full support:)

Thanks Svennand.  Am in discussions with some developers regarding both pools and coins, but nothing even remotely firmed up yet.  Have taken £50k+ risks on other ventures in life, may as well give crypto a go.  Whats the worst that could happen. lol.

[boomerjackson]

that was the big announcement?

[Hampuz]

that was the big announcement?

It is a huge pr campaign that will go on for a week.  Pretty big announcement to me!

Cheers!