Litecoin decoupling?

Discussion in 'Digital Currencies' started by RetardedMonkey, Mar 3, 2014.

  1. Earthjade

    Earthjade Member

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    A day?
    There have been times when it took 4 days for Coinjar to process a deposit I made directly at the bank.
     
  2. Emanance

    Emanance Guest

    Be a nice time to stack up on BTC. LTC going one way, thanks to Huobi. BTC going the other.
     
  3. heartastack

    heartastack Well-Known Member Silver Stacker

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    Hoping my alt-coin lever can get some good returns tonight. Bracing for gold stock bloodbath tomorrow!
     
  4. Emanance

    Emanance Guest

    Boom! the BLR just crossed 0.03001!
     
  5. Earthjade

    Earthjade Member

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    Strange to see LTC and BTC going opposite ways.
     
  6. heartastack

    heartastack Well-Known Member Silver Stacker

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    Well.. the LTC + Blackcoin lever was hugely successful overnight. Bloody coinjar JUST went through (took 12 hours Earthjade, maybe they've improved since I started using this week?).
     
  7. Earthjade

    Earthjade Member

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    Blackcoin hugely successful?
    If you had bought when the other topic was made in a wild enthusiasm, you'd be treading water right now.
    The marketcap on this POS hasn't moved at all.
     
  8. heartastack

    heartastack Well-Known Member Silver Stacker

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    What's that got to do with the last two days 30% compounded? eh, you're the resident cynic anyway right, sounds like you just got blue balls and need to find someone in pain.
    God I hate arguments on the net, and this forum is usually an oasis of open minds. I FKUNG SAID SUCCESSFUL OVERNIGHT FFS.
     
  9. Earthjade

    Earthjade Member

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    Don't get salty, mate.
    I did notice that you said this coin would be a long term hold in the other thread.
    Give me a timeframe on when you think this stinker will make you a phat prophit and we'll see who's laughing at the end.
    I'll bet a 1 ounce silver coin on it, if the conditions can be specified.
     
  10. heartastack

    heartastack Well-Known Member Silver Stacker

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    hehey! now we're talkin :D

    +1 month (April 20), price has to be no lower than 6000 Satoshi (so ~100% gain on when you suggested the bet).
    Looser buys the winner 2x 1/2 oz lunar horses from Perth bullion and ships straight to winner:
    http://www.perthbullion.com/shop/detail/pmluna14sco05/

    That's all I can do as I am living interstate away from my safe-locked stack.
    Open to your thoughts on the conditions.
    Cheers
     
  11. Earthjade

    Earthjade Member

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    OK, I propose:

    1) Coinmarketcap has Blackcoin trading at 0.023c as of right now.
    2) By April 20 2014, Blackcoin must be at least 0.046c or more.
    3) The winner gets the US dollar amount of 1 ounce of silver on the spot price of April 20 (payable in LTC - let's make it easy on the transfer method).
     
  12. heartastack

    heartastack Well-Known Member Silver Stacker

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    Sounds good, I do think the 0.023 was sneaky as it was a lot lower when you first suggested the bet. But I'm pretty comfortable there will be an easy 100% on that anyway.

    Check ya in a month :)
     
  13. Earthjade

    Earthjade Member

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    Sneaky?
    You don't have much confidence, then.
    I did notice you waited a while to respond with my conditions - coincided with Blackcoin taking a dive before going back up.

    I'll see you back here in under a month.
     
  14. heartastack

    heartastack Well-Known Member Silver Stacker

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    I noticed there was no expiration of your terms/conditions.
     
  15. heartastack

    heartastack Well-Known Member Silver Stacker

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    I suggest you hedge your bet and buy some BC. There's no stopping this one the community is swelling which is a good trend. The multipool just came online which focuses on mining other (actually choosing the most profitable coin each day) coins which are automatically exchanged for BC without the miners having to manually convert X --> BTC --> BC. It only just came online and in beta testing this week - should supply constant buying pressure.
    No premine and only 1% inflation pa. No single holder of BC holds more than 2-3%. Really the only thing that will kill the coin is if the community collapses and there is no buy-in by merchants for trading in the long-term (e.g. after significant market cap increase). But so far it looks like the community and developers are going to give it everything to try make the coin a top-5 market cap.
    Plenty of info on forums and website.

    .. But you can DYOR. I'd rather everyone profit from this.
     
  16. millededge

    millededge Active Member

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    I think this will fizz then most will bail. It has the air of a small number of people who made some trying to convince modest losers to keep holding. That will make them big losers whilst those who made some get out cleanly with their skin.

    Only putznashers will be holding the bag.
     
  17. Earthjade

    Earthjade Member

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    Pretty much this.
     
  18. heartastack

    heartastack Well-Known Member Silver Stacker

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    Gee I'm sick of making money, being called a loser etc. I wanna be on the sideline with you winners.

    There was your 100% today Earthjade. Miserable bastard.
    We'll see where we are in a month. I pocketed a fair share already so got some LC banked for you if you win.
     
  19. dozerz

    dozerz Well-Known Member Silver Stacker

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    good call :) interested to see if the trend continues of if just pump and dump.
     
  20. heartastack

    heartastack Well-Known Member Silver Stacker

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    It's not dumping hard at all. Plenty of opportunity to exit fairly. As I said (and was obviously missed by other posters), this coin has been distributed VERY fairly and top holders are only holding about 2-2.5%. With a volume of over 1200BTC worth traded today I don't see how this 'air of a small number of people' is even a consideration.

    I will continue to invest at this point, looking for good entry though I think its peaked a bit too high but maybe there'll be a good op tomorrow. 100's% more to gain if things continue and the community holds it together.
    The forum indicates a huge amount of fresh interest only just in the last day or two. GL.
     

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