LOTTOCOIN OLD THREAD, [CLOSED]

[Oldminer]

Hi all

please feel free to add a comment and UP my sub-reddit @ http://www.reddit.com/r/Rapidballs/ and lets push Lottocoin to the moon and beyond!

[littlemc]

so, do you guys still believe price will go up?
the price halved itself since the appearance on cryptsy

[Sparkzor]

so, do you guys still believe price will go up?
the price halved itself since the appearance on cryptsy

Yeah, it's good. All the retards dumping, we smart ones buying. We're holding until price is high then we sell a little and then hold and sell, hold, sell. Then the price is 2000 satoshis in a year!

[C3ALL]

Current point 30. Look at a ten point swing Buys to 20, 5.3BTC.  Sells to 40, 13.5BTC.

I've got an opinion in where its heading and have set orders accordingly.

[svennand]

Current point 30. Look at a ten point swing Buys to 20, 5.3BTC.  Sells to 40, 13.5BTC.

I've got an opinion in where its heading and have set orders accordingly.

Ssshhh, dont spoil the hyping

[damnation]

so, do you guys still believe price will go up?
the price halved itself since the appearance on cryptsy

I think its a question of how long you can wait... december has basically been a preiod of crazy launches..with most of the coins being launched a few weeks to early... Now we've already seen most of them Die after launch.. moon being on its death throes..

So if you are expecting the coin to double or triple in value over the short term.. thats a more than a little crazy.. Unless of course we get listed on Bter.. and the Chinese decide they like LOTTO casino.. at which point you can expect to see some remarkable boost in prices..

Do i think it will go lower.. cant say for sure.. the fact is that we are a young coin.. so you can expect massive drops and surges.. as well as stagnation.. its taken BTC a long time to get to its level.. and that was with no real competition..

Do i think we can survive the long run...yes as long as we have a dev, support team and a community behind it.. we can go the distance.. its might take 2 years to see 2000.. or 2 months.. who can say..

I just dont believe LOT will die though.. and i think its way to early to make snap judgements on why this coin is a fail..

IMHO, everyone is just to damn much in a hurry to be a millionaire.. and its causing everyone to go a little crazy..

[addictivegaming]

Lotto Coin looks pretty good, but with all the coins coming out lately you never know. A good chunk of them are going to be dead soon. Obviously, Lotto Coin has been out for a little while and some games, reputations, and infrastructure has been built, but there doesn't seem to be all that much unique about this coin.

At the current price though, it's an absolute steal.

[damnation]

Current point 30. Look at a ten point swing Buys to 20, 5.3BTC.  Sells to 40, 13.5BTC.

I've got an opinion in where its heading and have set orders accordingly.

Ssshhh, dont spoil the hyping

sven thats uncalled for.. i consider that welcome advice..

i actually think 40-50 is the top we are gonna see at this level.. until we see a bigger difficulty increase... which wont happen till we get a higher level of interest..

Too bad.. my investment capital is in the 0.00000xxxx range..

sigh

[Hampuz]

Everybody wants to make money. Some more than others. And all you gotta ask yourself is if you want to sleep good at night or probably get haunted by your actions.  No matter what we all decide how we will get there.  Wether it is with LOT or another coin.

Im doing what i can for LOT, spending pretty much all my time just trying to improve and make contact with different sites/company's that could help us go forward.  Im not doing this so I can get $1M bucks in 2months. Im doing this for the long term.  Also, everyone here that has a positive attitude, go join in at http://lottocointalk.org where we discuss the future instead or just bashing the coin.  Would be great if we get more activity there and have this place as more of a information thread.

Cheers.

[haggis]

I recently saw at Coinbomb LOT1 two times reserved for somebody but it didn't went through. Looks like the reservation time was reduced to less than 10 minutes - may this be too short?

[Hampuz]

I recently saw at Coinbomb LOT1 two times reserved for somebody but it didn't went through. Looks like the reservation time was reduced to less than 10 minutes - may this be too short?

Shouldn't be for LottoCoin. Transactions are blazing fast and it would be enough with 5minutes imo.

Cheers!

[C3ALL]

I recently saw at Coinbomb LOT1 two times reserved for somebody but it didn't went through. Looks like the reservation time was reduced to less than 10 minutes - may this be too short?

That's somebody testing their script before using it on the bomb they really want.  Hopefully the new captcha will stop it.

[BachMann]

see that buy order on cryptsy?
0.00000001   1028125129.88023950   10.28125130
Somebody wants to buy a billion! lot for 10 btc 
I mean.. if it goes down to that price its gonna be near worthless, so why buy it then? I guess at that point any increase in price would be a profit, but who are you going to sell to? Or is this to drive the price down somehow?

[funkycoin]

http://media-cache-cd0.pinimg.com/originals/4a/cf/03/4acf03f9c840de8ac426c4195ff5c68a.jpg

[Hampuz]

see that buy order on cryptsy?
0.00000001   1028125129.88023950   10.28125130
Somebody wants to buy a billion! lot for 10 btc  
I mean.. if it goes down to that price its gonna be near worthless, so why buy it then? I guess at that point any increase in price would be a profit, but who are you going to sell to? Or is this to drive the price down somehow?

Don't be alarmed. You can find those orders at any coin, people even have sell orders for CENT/LTC where they want a 1:1 trade.  So dont look too much at those.

Cheers!

[funkycoin]

see that buy order on cryptsy?
0.00000001   1028125129.88023950   10.28125130
Somebody wants to buy a billion! lot for 10 btc  
I mean.. if it goes down to that price its gonna be near worthless, so why buy it then? I guess at that point any increase in price would be a profit, but who are you going to sell to? Or is this to drive the price down somehow?

If you buy at 1 it can only go up... so your investment is 100% safe**... At 1 if you sell at 2 then you effectively double your investment... 1 is the only number you can do this so its virtually safe and guarantees a 2x return. If you are not doing much with your Bitcoin then 1 is a great place to 'park' them... also if some idiot types in the wrong decimal when they are selling you are there to catch all their coins!!!

... **unless of course they open up trading against litecoin as they did with TIPS at coined up as it fell to 1 and no one was buying.

[C3ALL]

[boomerjackson]

http://www.mygnrforum.com/public/style_emoticons/default/popcorn.gif

Didnt you have stuff to do this weekend? Why do you sit around on a forum if your net worth is 7 figures

[Amberdark]

see that buy order on cryptsy?
0.00000001   1028125129.88023950   10.28125130
Somebody wants to buy a billion! lot for 10 btc 
I mean.. if it goes down to that price its gonna be near worthless, so why buy it then? I guess at that point any increase in price would be a profit, but who are you going to sell to? Or is this to drive the price down somehow?

at that price if it goes from 1 satoshi to 2 satoshi he makes 100% profit

[funkycoin]

see that buy order on cryptsy?
0.00000001   1028125129.88023950   10.28125130
Somebody wants to buy a billion! lot for 10 btc  
I mean.. if it goes down to that price its gonna be near worthless, so why buy it then? I guess at that point any increase in price would be a profit, but who are you going to sell to? Or is this to drive the price down somehow?

Don't be alarmed. You can find those orders at any coin, people even have sell orders for CENT/LTC where they want a 1:1 trade.  So dont look too much at those.

Cheers!

with CENT people sell at 1 in the Litecoin market as some people who buy don't notice there is also a CENT/XPM market... XPM can be ten times lower than Litecoin in value so many get caught out thinking they have bought at 1 whereas if they converted their litecoin to XPM and bought in XPM they'd get their CENT ten times cheaper!!!

The exchanges do this as the decimal place for bitcoin and litecoin does not reach the bottom end value of currencies that have virtually died... like CENT... however buy cent at 1 on the XPM market and it can only go up to 2... which is why there are so many buy orders stacked at 1 and sell orders stacked at 2... but there is a long queue in waiting so best get your coins working somewhere else like LOTTOCOIN!!!