[LTCD] LitecoinDark.com ★ Scrypt ★ Difficulty Shield ★ Multipool ★ Fast

[voodoo1967]

Good Morning all 

[igor107th]

slowly to litecoin price
i buy on first exchange at 55 to 75 sat
 

[voodoo1967]

the early days of bitcoin lol 

[PhilipMorris]

Anyone here who can tell me what new features this crypto offers? I can't tell from the OP.

[akamii]

Litecoin is around 4$ per Coin, do u really think that could ever happen to LTCD? lol

[BitCoin Operated Boy]

Anyone here who can tell me what new features this crypto offers? I can't tell from the OP.

Hello there is a link to white paper in opp


Though, the link may not work now because the website is under update/maintenance

[litecoin111]

Litecoin is around 4$ per Coin, do u really think that could ever happen to LTCD? lol

Absolutely, it used to be $20 a coin too..with no features!

[CryptoStoner]

Block Reward halved to 400

[Litecoindark]

Anyone here who can tell me what new features this crypto offers? I can't tell from the OP.

Hello there is a link to white paper in opp


Though, the link may not work now because the website is under update/maintenance

The link at the Opp is working. The website is also working. Btw I am building a new one.

[timmyd]

Anyone here who can tell me what new features this crypto offers? I can't tell from the OP.

LTCD enables features to be built out side the core. the digishield was immplimented like this. i believe this makes LTCD unique

[richiela]

yeah it sad when on bittrex a sell price is placed a lot lower then the going rate lol to drive the price down its so obvious lol Helllo bittrex can you not see this lol and they say they want to help stop bots lmao right .

For the record, we never said we want to stop bots... bots are a natural progression of how trading works.  A high percentage of trades on wallstreet happen in this manner:

"It is estimated that as of 2009, HFT accounted for 60-73% of all US equity trading volume, with that number falling to approximately 50% in 2012."

http://en.wikipedia.org/wiki/High-frequency_trading

[edited better data]
"Today, 90 to 95 percent of all quotes emanate from High Frequency machines…… This doesn’t imply share volumes just quotes traveling on the tape."

http://www.forbes.com/sites/richardfinger/2013/09/30/high-frequency-trading-is-it-a-dark-force-against-ordinary-human-traders-and-investors/


What we want to stop is bots placing min order sizes to hide the order books... Please do not confuse the two.  The first is an artifact of trading.  Bots will always be doing it to gain financial advantage.  The second is there to just disrupt the orderbooks without actually filling.

Thanks,
richie@bittrex

You have just admitted that your bots are manipulating the prices for your own profit without concern for crypto community.

There should not be such bots like yours in the first place.

The whole idea behind cryptocurrencies has been to avoid imitating traditional financial system of fiat monetary exchange and financial manipulations.

Bots at Wall Street - just, because something has been used at Wall Street and is taken for granted without questioning, doesn't make it right.
The whole idea of bots at Wall Street was designed to manipulate the prices and increase corporate and banking profits without any social and environmental concern. Wall Street, their bots and their socio/psychopathic investor/broker addicts have been the core reason of current financial crisis. Their psychopathic trade on derivates has build up debt amounting to hundreds of billions of dollars.
To imitate Wall Street is to imitate psychopaths with brain damage.

There was an interesting article about in Wall Street Journal (ironically) called:
"Lessons From The Brain-Damaged Investor"

http://online.wsj.com/articles/SB112190164023291519

or how Max Keiser explains it here, in this short video:
https://www.youtube.com/watch?v=gLDWpP4Dcsc

Where the heck did you get that Bittrex runs their own bots? Maybe they do, maybe they don't.  But head over to the marketplace and search for C.A.T. It's a bot anyone can buy and run to do just what we're seeing.  I can guarantee you that there is more than one bot running on a lot of the markets out there designed to accomplish different things.  Blaming bittrex (or any exchange for that matter) for what other people are doing is just ridiculous.

Whether it's bots or some guy coming along and manually putting in large buy or sell walls, market manipulation is simply the way it is and that will never change given money is involved.

Yes.  For the record, we do not, nor will we ever run our own bots without disclosure.  We don't even trade on our own exchange (with the exception of testing and usually at a loss) knowing it would be unethical given the information we have available.

[edit]
But it is an interesting topic of discussion because LTCD seems to be heavily botted; while i do agree its because of greed/whatever and it is also a sign of a maturing ecosystem which is what I think we all want at the end of the day.  Not everything can be as pure and idealistic as we want unfortunately.

thanks,
richie

[voodoo1967]

The way to look at this is there is great demand for ltcd and that is great news for the devs and community . Bots are used purely to make the greedy ones coins so they don't have to buy miners or purchase coins. To me bots are used to steal from people basically . From the devs from the community and investors. People need to stand firm in the price they want and don't sell cheap. 

[gavrilo77]

The way to look at this is there is great demand for ltcd and that is great news for the devs and community . Bots are used purely to make the greedy ones coins so they don't have to buy miners or purchase coins. To me bots are used to steal from people basically . From the devs from the community and investors. People need to stand firm in the price they want and don't sell cheap. 

Totally agree, but to do like that people should have some brain and to think just a little bit.

[igor107th]

Litecoin is around 4$ per Coin, do u really think that could ever happen to LTCD? lol

no one knows but it is possible  ;)hold 2 years

[voodoo1967]

after all a bot just causes panic and people sell on fear of loss that is it . This is were people need to know you are being played for your coins don't fall for it. The sky is falling remember little chicken lol.

[gavrilo77]

after all a bot just causes panic and people sell on fear of loss that is it . This is were people need to know you are being played for your coins don't fall for it. The sky is falling remember little chicken lol.

Yes, exactly. That bot wants to dump the price he would sell, but it is only holding the big amount of coins and traders drop the price by them self. Bot actually doesn't do anything. Just say buuuua the kids, and fear is there    

[igor107th]

after all a bot just causes panic and people sell on fear of loss that is it . This is were people need to know you are being played for your coins don't fall for it. The sky is falling remember little chicken lol.

no problem I hold  hahah never los to me  

[Xircom]

The behavoir of the bot dosent look like its run by an exchange  I would rather think heavy interest in LitecoinDark by investor or worst scenerio another coin..
But now it seems like buying power is taking over the bot and it has to rise its goal for purchase hight.
If I was another coin… sure I would fear LTCD.

[voodoo1967]

yeah raise the price and bot has to follow lol . who is manipulating who now lol 

[Xircom]

When it comes to trading lots of newbies in the crypto world has never sad their foods in the real stock trading world,  so they do not know they are being played around.
I have been in the stock world for some years and the first many years algo trading was beating me,  but only until I understod that buying and selling should not be done as daytrading… I only lost money that way. As soon as I started to hold my stocks even at dips I started to earn and became better than the algo trading.
Richie is right that algo trading is common in the stock world so for sure also in the crypto…
Lesson learnd the hard way…. HOLD!