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Author Topic: [ANN] Limecoin (LC) | UseCryptos | Bittrex | Poloniex | 1 Million Coins EVER |  (Read 34643 times)
adhitthana
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April 26, 2014, 05:14:09 AM
 #261

Addresses are different, symbols are different, algorithms are different. Had they been cool, I would have changed it right away. But since they came in the thread, talking crazy shit, we will just out perform them and make them obsolete instead
Great. The crypto community will start fighting itself.  Roll Eyes Way to go.
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adhitthana
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April 26, 2014, 05:35:19 AM
 #262

Does this coin have a website?
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April 26, 2014, 05:37:15 AM
 #263

Does this coin have a website?

Yes, but it's not just to download clients and get updates. I also haven't posted the link, yet, because it's not quite finished. We are working on one of our smart systems now. Without saying too much right now, I will post more information when we get on an exchange with higher liquidity across all markets
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April 26, 2014, 05:41:10 AM
 #264

You guys decide what to do with it. Think you're a good trader? Let's see your pump skills. Nobody can mine more coins to dump after the first few days.
Are there any plans or thought to have this coin integrated into real world transactions, or is it only for trading?
Is it envisioned to be a "store of wealth" or is there no particular vision except what the community comes up with later?

Just asking..as you've compared it to BC. But BC's attraction for me, is it addition to www.coinkite.com
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April 26, 2014, 05:57:58 AM
 #265

You guys decide what to do with it. Think you're a good trader? Let's see your pump skills. Nobody can mine more coins to dump after the first few days.
Are there any plans or thought to have this coin integrated into real world transactions, or is it only for trading?
Is it envisioned to be a "store of wealth" or is there no particular vision except what the community comes up with later?

Just asking..as you've compared it to BC. But BC's attraction for me, is it addition to www.coinkite.com

When you see what we do with the website it will make more sense. With only 1,000,000 total, just holding them is the smartest thing to do, both short and long term
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April 26, 2014, 07:02:14 AM
 #266

When you see what we do with the website it will make more sense. With only 1,000,000 total, just holding them is the smartest thing to do, both short and long term
Since the coins are pretty much infinitely divisible why should the amount of coins matter?
If less coins is better, why stop at 1 million?
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April 26, 2014, 07:03:09 AM
 #267

When you see what we do with the website it will make more sense. With only 1,000,000 total, just holding them is the smartest thing to do, both short and long term
Since the coins are pretty much infinitely divisible why should the amount of coins matter?
Is less coins is better, why stop at 1 million?

So they aren't worth .00000001 LTC

Overproduction is what is devaluing the USD and most cryptos. That is why we chose no PoS, as well. So there is no new supply. This will make that .0001 transaction fee worth a lot more. That will keep miners on when the block reward is 0 and only rewards with transaction fees
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April 26, 2014, 07:09:19 AM
 #268

So they aren't worth .00000001 LTC
Overproduction is what is devaluing the USD and most cryptos
What is the difference between having 1 coin out of 1 million and having 1000 coins out of 1 billion? It's the same percentage of a fixed pie. The problem with the USD is that the pie is increasing, without any limit on how big the pie will get, especially WRT economic growth.

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April 26, 2014, 07:17:42 AM
 #269

So they aren't worth .00000001 LTC
Overproduction is what is devaluing the USD and most cryptos
What is the difference between having 1 coin out of 1 million and having 1000 coins out of 1 billion? It's the same percentage of a fixed pie. The problem with the USD is that the pie is increasing, without any limit on how big the pie will get, especially WRT economic growth.



With each new coin mined, every other indivudal coin that exists loses a fraction of its value, regardless of the total market cap
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April 26, 2014, 08:08:33 AM
 #270

With each new coin mined, every other indivudal coin that exists loses a fraction of its value, regardless of the total market cap
If that were the case the Bitcoin would only go down, but it's value has increased. So whether your coin becomes valuable depends on whether people want it, not whether more coins are still being released
What I think you mean (without getting too pedantic) is its proportion of the available pie decreases.
But with Bitcoin this is not a problem as we know there is only  21 million coins. Some are released, some are yet to be released.
There is no limit when it comes to a fiat currency. So I don't think you can
You are just choosing to experiment with releasing them over a different time period. You are speeding up the mining. You aren't changing the nature of it.

Anyway...good luck with the experiment
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April 26, 2014, 04:42:22 PM
 #271

With each new coin mined, every other indivudal coin that exists loses a fraction of its value, regardless of the total market cap
If that were the case the Bitcoin would only go down, but it's value has increased. So whether your coin becomes valuable depends on whether people want it, not whether more coins are still being released
What I think you mean (without getting too pedantic) is its proportion of the available pie decreases.
But with Bitcoin this is not a problem as we know there is only  21 million coins. Some are released, some are yet to be released.
There is no limit when it comes to a fiat currency. So I don't think you can
You are just choosing to experiment with releasing them over a different time period. You are speeding up the mining. You aren't changing the nature of it.

Anyway...good luck with the experiment

Correct. If Bitcoin only had 1,000,000 coins total, it's price per unit would be through the roof. Adding value comes after adding utility
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April 26, 2014, 11:03:18 PM
 #272

Block Reward just dropped to 15.63 LC each
JimPeopleburger
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April 27, 2014, 12:19:30 AM
 #273

I like this lil coin and mined on launch...which was not the smoothest of launches honestly. I'd love to see it on polo! Hopefully my LC purse isnt full of digital rocks! I like the scarcer coins personally, less ability to pump and dump imo, which is what got me mining it. Or am I totally wrong about that?
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April 27, 2014, 01:46:31 AM
 #274

I like this lil coin and mined on launch...which was not the smoothest of launches honestly. I'd love to see it on polo! Hopefully my LC purse isnt full of digital rocks! I like the scarcer coins personally, less ability to pump and dump imo, which is what got me mining it. Or am I totally wrong about that?

Can't really blame the coin for the pool errors

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Limecoin
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April 27, 2014, 07:11:39 AM
 #275

I like this lil coin and mined on launch...which was not the smoothest of launches honestly. I'd love to see it on polo! Hopefully my LC purse isnt full of digital rocks! I like the scarcer coins personally, less ability to pump and dump imo, which is what got me mining it. Or am I totally wrong about that?

The pools were kinda jacked, but the coin itself had no issues
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April 27, 2014, 05:23:27 PM
 #276

Working on something big. More information coming soon if we get listed on Poloniex and get some decent volume
Philll90
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April 27, 2014, 07:39:34 PM
 #277

Working on something big. More information coming soon if we get listed on Poloniex and get some decent volume

Maybe you should anounce it now so that we get listed on poloniex and get some decent volume.
If there aren't any good news, this coin will be dead before it's even started.
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April 27, 2014, 10:06:57 PM
 #278

Working on something big. More information coming soon if we get listed on Poloniex and get some decent volume

Maybe you should anounce it now so that we get listed on poloniex and get some decent volume.
If there aren't any good news, this coin will be dead before it's even started.

Next step is a multipool (I know, I know, lots of them already), but there will be ways for people without mining equipment to participate in it, as well, which no other coins or pools are currently using. This isn't what I was referring to in my last post, though

We are now on Poloniex, as well  Smiley

https://www.poloniex.com/exchange/btc_lc
JonnyMan
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April 27, 2014, 10:08:56 PM
 #279

LimeCoin has been officially added to Poloniex!


Trade: https://poloniex.com/exchange/btc_lc



Word of reminder, LimeCoin is rare!




Limecoin
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April 27, 2014, 10:26:23 PM
 #280

LimeCoin has been officially added to Poloniex!


Trade: https://poloniex.com/exchange/btc_lc



Word of reminder, LimeCoin is rare!






We are extremely grateful to all 3 exchanges that took a chance on Limecoin. We will do our best to bring all of you guys volume for all coins!
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