timmyd
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September 24, 2014, 05:31:58 PM |
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when you say fiat investors do you mean people seeing LTCD and converting fiat to btc Just to buy LTCD? I think that group is just the community so far. Alot of money in crypto is in crpyto already especially on the exchanges. Btc flows from coin to coin picking up new money on the way. we need to attract people with btc first then fiat.
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Xircom
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September 24, 2014, 05:32:52 PM |
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Anyway if we get so lucky and Coindesk wants to have an interview or article, then I will do my best to explain the dark feature as well.
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vicvelcro
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WARNING: I say "F*CK". A Lot.
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September 24, 2014, 05:38:23 PM |
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That would be perpetuating the status quo. However, efforts to make a direct fiat-><-LTCD connection aren't likely to progress very rapidly. Making an effort to do so would put the coin ahead of the game later when other coins realize the same and begin their own efforts. If it paid off, it would be farther down the road but the longer the delay the longer it will take - if that's the direction desired. I'm thinking there will be another mass induction of the general public into cryptos before the end of the year. It makes sense to believe it will bring fresh new outside money into cryptos. Will it be exclusively inbound via fiat->BTC->alts or will there be another avenue? when you say fiat investors do you mean people seeing LTCD and converting fiat to btc Just to buy LTCD? I think that group is just the community so far. Alot of money in crypto is in crpyto already especially on the exchanges. Btc flows from coin to coin picking up new money on the way. we need to attract people with btc first then fiat.
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I know you believe you understand what you think I said, but I am not sure you realize that what you heard is not what I meant.
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Xircom
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September 24, 2014, 05:39:42 PM |
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when you say fiat investors do you mean people seeing LTCD and converting fiat to btc Just to buy LTCD? I think that group is just the community so far. Alot of money in crypto is in crpyto already especially on the exchanges. Btc flows from coin to coin picking up new money on the way. we need to attract people with btc first then fiat.
I mean those people who buys btc to trade on the exchange or by advice from other crypto people. So the same as you !
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BTC: 1MyJmxS9ER5ZBNvpG3LhoUXGotpzbPowed
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timmyd
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September 24, 2014, 05:40:39 PM |
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Is there a coin which has a dark function for a set fee say and normal transactions as standard? so the user has the option for anon
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Xircom
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September 24, 2014, 05:42:04 PM |
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That would be perpetuating the status quo. However, efforts to make a direct fiat-><-LTCD connection aren't likely to progress very rapidly. Making an effort to do so would put the coin ahead of the game later when other coins realize the same and begin their own efforts. If it paid off, it would be farther down the road but the longer the delay the longer it will take - if that's the direction desired. I'm thinking there will be another mass induction of the general public into cryptos before the end of the year. It makes sense to believe it will bring fresh new outside money into cryptos. Will it be exclusively inbound via fiat->BTC->alts or will there be another avenue? when you say fiat investors do you mean people seeing LTCD and converting fiat to btc Just to buy LTCD? I think that group is just the community so far. Alot of money in crypto is in crpyto already especially on the exchanges. Btc flows from coin to coin picking up new money on the way. we need to attract people with btc first then fiat.
Thats what I see as well when reading the financial posts re investments. It looks like people starts to open the eyes for better interest rates in the crypto world than in the real fiat world.
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vicvelcro
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WARNING: I say "F*CK". A Lot.
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September 24, 2014, 05:44:12 PM |
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BAM! Baby. You hit it right on the head. I already know quite a few people doing exactly that with more than just their lunch money. Thats what I see as well when reading the financial posts re investments. It looks like people starts to open the eyes for better interest rates in the crypto world than in the real fiat world.
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I know you believe you understand what you think I said, but I am not sure you realize that what you heard is not what I meant.
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Ghost55
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September 24, 2014, 05:45:48 PM Last edit: September 24, 2014, 06:02:04 PM by Ghost55 |
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I say its to early as well to change the name. We have a lot of attention on us with bots and fud lol so people want this coin. Once the bots are done we should see prize go up just be patient lol I have to agree with Voodoo... I see no reason to change the name whatsoever... Just because you don't put dark in the name doesn't mean it's still not a dark coin... It's a tribute to Litecoin and its different enough.... If you really wanted more diff in the name you could go with LiteKoinDark or LightcoinDark or something like that but I personally don't think it needs to be changed at all... There are still so many parts that need to fall into place and changing our image at this early stage could be disadvantageous!! Just my thoughts on it... Cheers, Ghosty
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Xircom
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September 24, 2014, 05:46:04 PM |
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And it is those people I want to know about LTCD. BAM! Baby. You hit it right on the head. I already know quite a few people doing exactly that with more than just their lunch money. Thats what I see as well when reading the financial posts re investments. It looks like people starts to open the eyes for better interest rates in the crypto world than in the real fiat world.
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BTC: 1MyJmxS9ER5ZBNvpG3LhoUXGotpzbPowed
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vicvelcro
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September 24, 2014, 05:48:10 PM |
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If I understood right, earlier: The general idea for possibly changing the name is to make it more acceptable to the main-stream and common man. Not to avoid any issue with "Litecoin" in the name. "Dark" is about as acceptable as a fart in church, to some people. I say its to early as well to change the name. We have a lot of attention on us with bots and fud lol so people want this coin. Once the bots are done we should see prize go up just be patient lol I have to agree with Voodoo... I see no reason to change the name whatsoever... Just because you don't put dark in the name doesn't mean it's still not a dark coin... It's a tribute to Litecoin and its different enough.... If you really wanted more diff in the name you could go with LiteKoinDark or something like that but I personally don't think it needs to be changed at all... There are still so many parts that need to fall into place and changing our image at this early stage could be disadvantageous!! Just my thoughts on it... Cheers, Ghosty
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I know you believe you understand what you think I said, but I am not sure you realize that what you heard is not what I meant.
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Dramm
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September 24, 2014, 05:49:02 PM |
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Interestingly. what is provide competition ability your LTCD? In fact on a current course 0.00001BTC it equals 820BTC or 360800 dollars
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Ghost55
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September 24, 2014, 05:49:51 PM |
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We also have to consider POS. Just an exsample me and my wife experinced the other day at the meeting with my private banker. She was looking through our assets and when we got to the BTC thing she looked up and said..."What is Bitcoin"... I was paralized for a second! This is what the crypto world is up against, but I think we could be the first to do this.
If I go to the bank with my savings I can max get 0,1% intrest... Wouldnt you think an investor would like to have 1% interest... I think so! The most wealthy generation we have on the globe today are the 60-80 year old people and nobody will ever be that rich ever again, the world has changed. Banks dosent payout interest some even do negeative intrest rates. If we have a coin that would run forever and a POS of 1%.... I didnt have to think twice were to put my money. But I could be wrong, what do you think ?
I get where you are going with this but personally I don't like inflationary coins... There is more than enough to go around because we can go infinitely to the right with zeros... and that will drive the price up over time via supply and demand... It's one of the major features I like about crypto's in general... I am so tired of inflation in the fiat scene the last thing I want is to see it in any form in the crypto scene... That's why I don't touch inflationary coins such as Doge... Cheers, Ghosty
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timmyd
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September 24, 2014, 05:51:44 PM |
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when you say fiat investors do you mean people seeing LTCD and converting fiat to btc Just to buy LTCD? I think that group is just the community so far. Alot of money in crypto is in crpyto already especially on the exchanges. Btc flows from coin to coin picking up new money on the way. we need to attract people with btc first then fiat.
I mean those people who buys btc to trade on the exchange or by advice from other crypto people. So the same as you ! I mined btc and alts and invested in nxt last year got lucky. i now use my btc to further my portfolio ;-) never bought a single btc
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vicvelcro
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WARNING: I say "F*CK". A Lot.
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September 24, 2014, 05:52:57 PM |
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People are beginning to catch on to the fact that there's relatively easy money in cryptos vs bank interest.
Facebook in one tab to feed their drama jones. Cryptsy in another tab to grow their money pointy clicky clicky.
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I know you believe you understand what you think I said, but I am not sure you realize that what you heard is not what I meant.
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Xircom
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September 24, 2014, 05:55:00 PM |
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And the reason why I invested in Gold for many years, until Goldman sachs started to manipulate the gold last year. We also have to consider POS. Just an exsample me and my wife experinced the other day at the meeting with my private banker. She was looking through our assets and when we got to the BTC thing she looked up and said..."What is Bitcoin"... I was paralized for a second! This is what the crypto world is up against, but I think we could be the first to do this.
If I go to the bank with my savings I can max get 0,1% intrest... Wouldnt you think an investor would like to have 1% interest... I think so! The most wealthy generation we have on the globe today are the 60-80 year old people and nobody will ever be that rich ever again, the world has changed. Banks dosent payout interest some even do negeative intrest rates. If we have a coin that would run forever and a POS of 1%.... I didnt have to think twice were to put my money. But I could be wrong, what do you think ?
I get where you are going with this but personally I don't like inflationary coins... There is more than enough to go around because we can go infinitely to the right with zeros... and that will drive the price up over time via supply and demand... It's one of the major features I like about crypto's in general... I am so tired of inflation in the fiat scene the last thing I want is to see it in any form in the crypto scene... That's why I don't touch inflationary coins such as Doge... Cheers, Ghosty
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BTC: 1MyJmxS9ER5ZBNvpG3LhoUXGotpzbPowed
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Xircom
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September 24, 2014, 05:57:07 PM |
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when you say fiat investors do you mean people seeing LTCD and converting fiat to btc Just to buy LTCD? I think that group is just the community so far. Alot of money in crypto is in crpyto already especially on the exchanges. Btc flows from coin to coin picking up new money on the way. we need to attract people with btc first then fiat.
I mean those people who buys btc to trade on the exchange or by advice from other crypto people. So the same as you ! I mined btc and alts and invested in nxt last year got lucky. i now use my btc to further my portfolio ;-) never bought a single btc like a lot of others that got in, in time with crypto. For new guys starting mining its diffecult for them to even earn a single BTC. We oldtimers know, but what about the newcommers ?
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BTC: 1MyJmxS9ER5ZBNvpG3LhoUXGotpzbPowed
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Xircom
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September 24, 2014, 05:59:45 PM |
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We also have to consider POS. Just an exsample me and my wife experinced the other day at the meeting with my private banker. She was looking through our assets and when we got to the BTC thing she looked up and said..."What is Bitcoin"... I was paralized for a second! This is what the crypto world is up against, but I think we could be the first to do this.
If I go to the bank with my savings I can max get 0,1% intrest... Wouldnt you think an investor would like to have 1% interest... I think so! The most wealthy generation we have on the globe today are the 60-80 year old people and nobody will ever be that rich ever again, the world has changed. Banks dosent payout interest some even do negeative intrest rates. If we have a coin that would run forever and a POS of 1%.... I didnt have to think twice were to put my money. But I could be wrong, what do you think ?
I get where you are going with this but personally I don't like inflationary coins... There is more than enough to go around because we can go infinitely to the right with zeros... and that will drive the price up over time via supply and demand... It's one of the major features I like about crypto's in general... I am so tired of inflation in the fiat scene the last thing I want is to see it in any form in the crypto scene... That's why I don't touch inflationary coins such as Doge... Cheers, Ghosty Yes and now you hid the nail spot on. Problem as I see is that we run out of LTCD too fast..?
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BTC: 1MyJmxS9ER5ZBNvpG3LhoUXGotpzbPowed
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Xircom
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September 24, 2014, 06:01:56 PM |
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People are beginning to catch on to the fact that there's relatively easy money in cryptos vs bank interest.
Facebook in one tab to feed their drama jones. Cryptsy in another tab to grow their money pointy clicky clicky.
LOOOL +1
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BTC: 1MyJmxS9ER5ZBNvpG3LhoUXGotpzbPowed
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vicvelcro
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WARNING: I say "F*CK". A Lot.
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September 24, 2014, 06:04:37 PM |
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For those who have previously been mining and therefore have the hardware, there's profit. For those who aren't in yet, it is better to buy and hold or buy and trade (depending on personal goals). The cost to get in on the mining game today is not a wise way to play cryptos because the rate of return is so much lower than it was or in the case of mining new coins where the profits are only great for the first couple of days then evaporate. Even the Hashlets (as decent as they are) aren't as wise as simply buying the right coin and selling when the time is ripe. when you say fiat investors do you mean people seeing LTCD and converting fiat to btc Just to buy LTCD? I think that group is just the community so far. Alot of money in crypto is in crpyto already especially on the exchanges. Btc flows from coin to coin picking up new money on the way. we need to attract people with btc first then fiat.
I mean those people who buys btc to trade on the exchange or by advice from other crypto people. So the same as you ! I mined btc and alts and invested in nxt last year got lucky. i now use my btc to further my portfolio ;-) never bought a single btc like a lot of others that got in, in time with crypto. For new guys starting mining its diffecult for them to even earn a single BTC. We oldtimers know, but what about the newcommers ?
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I know you believe you understand what you think I said, but I am not sure you realize that what you heard is not what I meant.
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Xircom
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September 24, 2014, 06:10:31 PM |
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@vicvelcro exactly my point. Newbies haves to change Fiat for BTC to get in..
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BTC: 1MyJmxS9ER5ZBNvpG3LhoUXGotpzbPowed
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