LOTTOCOIN OLD THREAD, [CLOSED]

[noedelx]

someone dumped till @11, let the panic begin, last serious wall xD
IMO, all short term investors already left this coin in favor of more profitable choices going up, like DOGE
Who needs LOT, stucked at @10 for months, when we have DOGE going up from @30 -> @120 in a 3 days?
and yea, DOGE has many online games that accept DOGE only. so why LOT but not DOGE?

Months?   dude this coin doesnt even excist longer then 1month
thing about doge is it looked just as bad at 30 and then they started pumping it and it sky rocked^^ no point in investing on it now since the ride upwards is over it can only go down
for lot it can only mosly only go up (but that will take time since were not a hype coin but a coin with a use)(so first we have to build a good amount of Games to play on ) sofar we got about 10 games and 2 casino's (and plenty of games inc)

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[noedelx]

someone dumped till @11, let the panic begin, last serious wall xD
IMO, all short term investors already left this coin in favor of more profitable choices going up, like DOGE
Who needs LOT, stucked at @10 for months, when we have DOGE going up from @30 -> @120 in a 3 days?
and yea, DOGE has many online games that accept DOGE only. so why LOT but not DOGE?

Lottocoin time will come soon, it is the most undervalued altcoin atm.

go and look at coinmarketcap.com, to figure out the most undervalued coins with capitalization around 50k-100k$ xD

doesnt rly work that way most altcoins dont have any use (no hype or use = useless)

[C3ALL]

forgot about it last night to buy some tickets (did plan to!)

aint it normal that if a person buys like 30% of the tickets and risks alot more Lot to lose but a higher chance to win compared to a person who only buys one?
cant you do that on any lotto? 

That is correct, but this is not being run like a lottery, it's a raffle.

[noedelx]

....

Now all scammers can learn a new skill from user "raistlinthewiz",

"I WAS HACKED,SORRY FOR YOUR LOSS,VICTIMS.AND SHUT UP YOUR MOUTH,I NEED A GOOD REPUTATION".

https://bitcointalk.org/index.php?topic=424367.msg4620780#msg4620780

Sucks mate = /  

[noedelx]

forgot about it last night to buy some tickets (did plan to!)

aint it normal that if a person buys like 30% of the tickets and risks alot more Lot to lose but a higher chance to win compared to a person who only buys one?
cant you do that on any lotto? 

That is correct, but this is not being run like a lottery, it's a raffle.

mostly also because there whasnt much players it seems its already on 220k now

[C3ALL]

doesnt rly work that way most altcoins dont have any use (no hype or use = useless)

The primary use for any ALT coin is to turn them into btc or ltc and then into Euro/USD/GBP etc.

Why do people want the value of LOT to rise?  So they can gamble higher stakes?

Its value is measured against btc in turn against USD.  Lets say LOT was worth 0.00125 btc - or about $1.   Anyone holding 1m lot cannot walk into a Ferrari dealer and buy a new car with LOT.  They would trade it to BTC and then to the currency of their nation.   So while gambling and other games are fun, they do not drive a coins value.  They make it popular, and that is what drives its value.

[C3ALL]

forgot about it last night to buy some tickets (did plan to!)

aint it normal that if a person buys like 30% of the tickets and risks alot more Lot to lose but a higher chance to win compared to a person who only buys one?
cant you do that on any lotto? 

That is correct, but this is not being run like a lottery, it's a raffle.

mostly also because there whasnt much players it seems its already on 220k now

So a raffle then, not a lottery.

[noedelx]

https://bitcointalk.org/index.php?topic=422726.new#new

would be nice if we get added!

bump^^

[noedelx]

doesnt rly work that way most altcoins dont have any use (no hype or use = useless)

The primary use for any ALT coin is to turn them into btc or ltc and then into Euro/USD/GBP etc.

Why do people want the value of LOT to rise?  So they can gamble higher stakes?

Its value is measured against btc in turn against USD.  Lets say LOT was worth 0.00125 btc - or about $1.   Anyone holding 1m lot cannot walk into a Ferrari dealer and buy a new car with LOT.  They would trade it to BTC and then to the currency of their nation.   So while gambling and other games are fun, they do not drive a coins value.  They make it popular, and that is what drives its value.

yup thats why it will take time before we see a rise in price we first need to build a monopoly on the gambling of cryptocurrency
we already are one of the biggest if not already the biggest altcoin for eGaming
people need to be like oh this Site is awsome il buy some Lot so i can play
The Foundation is working hard on getting More games for Lottocoin!
and hope we get our new Site up Soon  lottocoinfoundation.org

[noedelx]

Good evening guys!



https://coin-horse.com/Lot/


A new And Fun game That now Accepts LottoCoin!
u can Bet on a Horse(A or B) and if ur Horse is Faster u win 2x Bet!
There's also a Multiplayer Mode!

Multiplayer mode looks fun^^

[kendrickperkins]

coin is dead, cash out now

[noedelx]

coin is dead, cash out now

y3804  dont you have something beter todo?

[bdc2343]

I don't know if LOT is being shorted or just miners dumping millions at these low levels.  I agree with some of the others, let's keep building the coin buy getting hundreds if not thousands of people playing the games and participating in the lotto drawings.  This will get the word out and the coin price should rise.  This may take a few more months.  What you guys think?

[heartthew]

Coin is clearly not dead.

Anyway, one good thing about Doge's recent/current run is that it has pulled all the multipools onto it.

This ecosystem has SOME checks and balances falling into place, it seems...

[Hampuz]

I don't know if LOT is being shorted or just miners dumping millions at these low levels.  I agree with some of the others, let's keep building the coin buy getting hundreds if not thousands of people playing the games and participating in the lotto drawings.  This will get the word out and the coin price should rise.  This may take a few more months.  What you guys think?

Could not agree with you more. We should not care about the price at this moment, i know alot of you guys have invested a fair amount of money in to this. But this is no get rich quick coin. We are trying to be the eGaming currency, and it will take some time, atleast one or two more months before we are fully recognized.

Just keep the spirits up and try to chip in where you can!

Cheers!

[elixir]

any signs of lotto rising. hope so 

[elixir]

how about some more giveaways.

[kendrickperkins]

dont  be fooled, lot is dead/dying

[noedelx]

dont  be fooled, lot is dead/dying

why not just go on ur real account y3804?

we already know its you so whats the point

[FredFlintstone]

dont  be fooled, lot is dead/dying

Yeah, that is why it still is one of the most profitable altcoins and nr 3 at coinwarz at the moment.