BITCON... WHY its totally FLAWED

Your average speed for 10 minutes ~ 745 KH/s.
Average pool speed for 10 minutes ~ 689.06 MH/s.
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ltcmine.ru pool has put on over 200MH/s since the 26th of March. Looks like we have just been at the start of a large switch.
 
Up to $1.58 per LtC now.

You know those times, where you wish you had jumped onto something just a few days earlier?

How far will this go I wonder? And is it worth buying more at this price?
 
Keep talking about it, helps the price. Touched $1.75 if i read the graph right. Taking a couple of backward steps now
 
Back to $1.72 from that little dip.

Seems the best way to accumulate more is to trade those dips... although never know if it's just going to plummet and this is just someones idea of a bit of fun lol
 
so much for my chance to buy litecoins. probably better off i guess.

also that bitcoin chart looks like an example of exponential growth.
 
RetardedMonkey said:
Up to $1.58 per LtC now.

You know those times, where you wish you had jumped onto something just a few days earlier?

How far will this go I wonder? And is it worth buying more at this price?
Click to expand...

Yep, I've decided against buying any ltc at this point. Under a dollar it looked good but now I'm not so sure. I'll stick with my hold strategy on Bitcoins for now. And maybe slowly accumulate more, depending on the price.
 
When you think about it cryptocurrencies are like some recently dicovered element that exibits magical properties. Its virtually gone from the lab stage to mainstream in just a few weeks & probably just a trickle to what's coming soon. Perhaps Max Keiser is right & Bitcoin is the new global currency? A few weeks ago I wouldn't have believed it. Now I'm seriously starting to wonder. Fear is piling the Euro into it, Cyprus the touchpaper, no trust in the Banks & so it looks as though the sky's the limit on this one.
 
Dynoman said:
When you think about it cryptocurrencies are like some recently dicovered element that exibits magical properties. Its virtually gone from the lab stage to mainstream in just a few weeks & probably just a trickle to what's coming soon. Perhaps Max Keiser is right & Bitcoin is the new global currency? A few weeks ago I wouldn't have believed it. Now I'm seriously starting to wonder. Fear is piling the Euro into it, Cyprus the touchpaper, no trust in the Banks & so it looks as though the sky's the limit on this one.
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As someone mentioned previously.

This is what we expected from Gold and Silver, not from a virtual currency.

The world gone mad I say....
 
That was a sweet sweet long weekend of trading.. man im in a good mood today.. metals were getting me perma-depressed.. loving the speed ratio trading..

RE: new one world currency.. dude.. this stuff is on a roll.. many have seriously underestimated crytocurrency.. like me for the first 2 weeks! Well at least i got in in mid 2012

1for1
 
crypto currencies are all well and good for a world currency standard but whatd happen if some sort of event caused power outages world wide and all the data re: crypto currencies got lost?
 
The world can go mad for when as long as these keep paying my household expenses.

I have done alright trading RM work is slowing me down turned my 1 bitcoin into 1.5 and bitcoin has also gone up $10 in this time.
 
Your average speed for 10 minutes ~ 0 KH/s.
Average pool speed for 10 minutes ~ 370.5 MH/s.
Click to expand...

Man somethings gone on hope it is just the connection to the server and not my rig(which the pool hashrate would indicate). You down RM?
 
1for1 said:
That was a sweet sweet long weekend of trading.. man im in a good mood today.. metals were getting me perma-depressed.. loving the speed ratio trading..

RE: new one world currency.. dude.. this stuff is on a roll.. many have seriously underestimated crytocurrency.. like me for the first 2 weeks! Well at least i got in in mid 2012

1for1
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Damn good son.

I just conceded I am bad at trading - so resorting to the buy/hold method.

Every time I did something, it did the opposite of what I thought it would.
 
lol, just stumbled onto this:

https://btcjam.com/

A Peer to Peer Bitcoin Lending Network

* The borrower creates a loan listing.
* Lenders invest directly or are automatically selected accordingly to their automated plans.
* After the loan is funded, the bitcoins are sent to the borrower.
* The borrower makes periodic payments to the investors.

Borrowers get GREAT rates
YOU define the repayment parameters
YOU define the rate you are willing to pay
Peer to peer reputation system
Optional, soft credit check

Investors get GREAT returns
Borrower verification process handled by BTCJAM
Browse listings that meet your criteria
Peer to peer reputation system
Diversify your investments in small chunks
Click to expand...
 
I'm thinking about taking a position in 500 or so name coin.. Just so I can trade 3 for better options in the taxes.. Anyone got knowledge about name coin ?
 
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