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2013-04-01 09:22 32701948 Anonymous (litecoin.png 669x241 13kB)
Litecoin is now at $1 a piece. Why don't you own Litecoins?

0 min later 32701954 Anonymous
ITS HAPPENING

2 min later 32701976 Anonymous
from 70 cents to dollar in 2 days

2 min later 32701977 Anonymous
I'm working on it. I wont have a gpu to start mining for another week :(

4 min later 32702012 Anonymous
>>32701976 I think it was tenths of a cent earlier in the month too. I just bought a couple at 90 cents and now I'm waiting on a new card to start mining.

5 min later 32702018 Anonymous
>>32701948 FUCKING PUMP.... and dump

5 min later 32702034 Anonymous
Litecoin will be popular because with asics completely wrecking miners; they'll transition over to litecoin where they can actually mine.

6 min later 32702039 Anonymous
fucking AMD/ATI drivers man. I can't get GPU mining to work. miners just crash.

8 min later 32702061 Anonymous
>>32702034 But what happens when they develop ASICs for Litecoin?

10 min later 32702092 Anonymous
$1.14 now.

11 min later 32702099 Anonymous
>>32702061 You'll already have thousands of LTC stockpiled.

11 min later 32702105 Anonymous
>>32702061 Someone will make a new coin and everyone will jump ship when GPU litecoin mining is no longer profitable.

14 min later 32702135 Anonymous
Is it smart to buy a 7970 to mine these right now ? I can afford one and I need a new rig anyway. Is it possible to earn back that 200$ difference from an average card ?

15 min later 32702154 Anonymous
>>32702135 At the current value and difficulty it will take about two months to recoup your money.

19 min later 32702201 Anonymous
>>32702135 http://dustcoin.com/mining

20 min later 32702203 Anonymous
I'm mining them right now. Should've bought some too when they were 55¢

24 min later 32702227 Anonymous
mining right now with my 6850 at an estimated 2.5 per day. I really hope these end up like bitcoins. I really should have bought some of those when they were $1 each.

26 min later 32702239 Anonymous
ok so..can any1 post some ways of mining? also...will evga GTW 670 FTW Sig2 do the job?

26 min later 32702240 Anonymous
>>32702227 What's your hashrate? Are you using your cpu, too?

26 min later 32702242 Anonymous
Because you're assuming it's gonna blow up in value like Bitcoins. It's another competing currency in a world where one's already have trouble being widely adopted in spite of its value. I guess it's fun to be early in but that doesn't mean everyone else's gonna jump in your boat. If you can mine LTs and BTs at the same time as some people are doing I guess it's not much of a gamble. Personally, all of my money's on Bitcoins unless they somehow fail.

27 min later 32702251 Anonymous
because I can't fucking figure this god damn shit out what the hell how can i even buy this shit fuck

29 min later 32702266 Anonymous
>>32702251 https://btc-e.com/exchange/ltc_usd http://litecoin.org/

29 min later 32702272 Anonymous
>>32702242 The only reason it's gaining any attention right now is because the value and difficulty of Bitcoin mining has blown up and some people are all like 'but I want into this shit too!!!', thus inflating the value for no good reason.

30 min later 32702278 Anonymous
>>32702240 its about 270Khashes/second and im only using the GPU. Its not worth it to strain my CPU. It really doesnt add much.

30 min later 32702280 Anonymous
while litecoin maybe a fun little thing to toy about we have... a little problem. Usage. Why the fuck would anybody use this over bitcoin? There is... WOAH NO REASON TO. I know you're gonna say >muh silver to btc's gold but come on, btc isn't like gold gold is hard to divide up, bitcoin is easy and be divied up like crazy

31 min later 32702286 Anonymous
>>32702266 im on btc-e and i can't seem to find a way to deposit USD that doesnt take me to russia.

31 min later 32702294 Anonymous
>>32702242 Everyone is assuming that it's going to blow up like bitcoins. This is what gives it value. However, it's going to be shortlived once the cashing out starts.

31 min later 32702297 Anonymous
where does one obtain a litecoin account/miner?

32 min later 32702301 Anonymous
>>32702251 1, Sign up at btc-e.com 2. Get your wallet for bitcoin deposit at btc-e and copy it. 3. Go to Bitinstant.com, select cash deposit and fill out the info. Then print the form and take it to your nearest moneygram agent. 4. Buy litecoins with your bitcoins after the deposit comes through.

34 min later 32702324 Anonymous
>>32702297 litecoin.com download the client it's that easy. Easier than buttcoins

35 min later 32702329 Anonymous
>>32702280 While your reasoning is flawed, LTC isn't silver to BTC's gold because BTC has yet to be established the same way gold is. We'll see what standard arises as an alternative when that's done but for now, it's all a gamble. LTs are just one of several alternative P2P currency solutions based off BT avail. out-there.

35 min later 32702330 Anonymous
>>32702301 I don't know why anyone would buy over mining. At least with mining you can get most of your money back when everything crashes.

35 min later 32702334 Anonymous
>>32702301 >>32702301 nope. I am just going to work at my job and not bother with this crap. My time is more valuable than this.

36 min later 32702335 Anonymous
anyone selling litecoins on here? Id buy a few with paypal.

36 min later 32702342 Anonymous
>>32702329 This. There's also no reason to believe there wouldn't many successful currencies competing with each other.

36 min later 32702344 Anonymous
>>32702239 and for anyone else with hardware questions, look here https://github.com/litecoin-project /litecoin/wiki/Mining-hardware-comp arison (nvidia is always much worse for mining)

36 min later 32702345 Anonymous
>>32702335 yeah ill sell you 100 just send me the money and i'll send em to you

37 min later 32702346 Anonymous
>>32702342 *wouldn't be

37 min later 32702350 Anonymous
how the hell do you buy a litecoin?

38 min later 32702354 Anonymous
There is no market demand for Litecoins except people betting on Litecoins as an alternative currency to Bitcoins at the moment. Before you start wasting away electricity because they're more common than BTCs, consider this fact and whether or not you should buy into it as a result. For all you know, merchants might prefer another alternative.

40 min later 32702371 Anonymous
Can you mine on an hd4000? >lel

40 min later 32702377 Anonymous
litecoin: bitcoin for those late to the party

40 min later 32702381 Anonymous
>>32701948 Sydney's median house price is AU$642,425. Why don't you own investment properties /g/?

41 min later 32702390 Anonymous
>>32702354 It's just like Bitcoin at the start, give it time. But at least now we can buy drugs with them.

41 min later 32702393 Anonymous
>>32702377 this.

41 min later 32702394 Anonymous
>>32702342 I'm not saying otherwise, BTC's likely to become the 'standard' (as in reference point) for judging the value of any alternatives, however. At the moment, they're just another way to acquire Bitcoins without having to [truly] risk (disregarding utilities) any capital.

44 min later 32702417 Anonymous
>>32702390 >Give it time I am, but you're making the assumption that no other competing P2P currency will surge ahead of it or that it won't deprecate. It's a gamble in itself, though it seems to be a consensus amongst g's latefags that this is the worthwhile alternative.

45 min later 32702430 Anonymous
>>32702034 >inefficient workers will attempt to find new sources of profit for their deprecated tools. and somehow this is a sound business model

46 min later 32702435 Anonymous
>tfw started minig a week ago >tfw 50 LTC in my wallet already

47 min later 32702450 Anonymous
>>32702286 I'm not sure to be honest, I haven't tried it out myself yet.

49 min later 32702467 Anonymous
>>32702435 >started mining a week ago >on my gaming computer >have to choose betweet mining and vidyagaems Hold me :(

49 min later 32702472 Anonymous
>>32702345 sent ;)

51 min later 32702483 Anonymous (377893_10152095480458538_1192792138_n.jpg 467x700 61kB)
>>32702381 not /g/ enough

53 min later 32702504 Anonymous
>>32702381 Because they're in a bubble m8.

54 min later 32702508 Anonymous
Any step-by-step tutorial on how to mine with GPU? I downloaded the litecoin-qt or whatever, it's working at 100% CPU but I don't know how to use my GPU.

54 min later 32702510 Anonymous
>>32702483 Apparently investing in bubbles is /g/ through and through

54 min later 32702512 Anonymous
>>32702467 That's alright. I have an GTX 670. I think about trying to mine and then I remember I'd be lucky if I could pull 100kHash/s. It's very enticing but I highly doubt I'd ever get rich off it. Even if I did have the proper hardware.

55 min later 32702522 Anonymous
Litecoin? More like latecoin.

55 min later 32702533 Anonymous
is there a site similar to coinbase for litecoins??

1 hours later 32702602 Anonymous
I finally got a pool to work and I have nearly made a whole cent in USD already. Big money.

1 hours later 32702611 Anonymous (1363604961001.jpg 476x411 26kB)
>>32702508 To think that today there are people in /g/ who don't even know how to google. I don't even know what to feel.

1 hours later 32702614 Anonymous
>>32702533 ...guys?

1 hours later 32702631 Anonymous (thomas_cruset.jpg 1920x1080 295kB)
>>32702522

1 hours later 32702654 joker
Why do folks prefer butt coin over lite coin? It takes forever to send and confirm with anal coin.

1 hours later 32702660 Anonymous
>>32702654 >tfw those instant transactions

1 hours later 32702703 Anonymous
I do own Lite coins. Just a pump n' dump so far, but this price increase is nice. I also own Bitcoins from my 5970+5870 mining back in 2011.

1 hours later 32702741 Anonymous
what if this, say, hit $3? is sinking $1000 into it a good idea? how does buying/selling work

1 hours later 32702761 Anonymous
Downloading cgminer at 100o/s. Hurr.

1 hours later 32702958 Anonymous
Any guides on Litecoin mining? I'm gonna set up myself a rig and have a money making muchine Fuck YEARGH

1 hours later 32702977 Anonymous
Do all Litecoin miners...how much do you earn per day with mining?

2 hours later 32703302 Anonymous
Bump I too am interested in mining.

2 hours later 32703336 Anonymous
Wait, how do I insert money into BTC-E? All the payment sites are in Russian...

2 hours later 32703346 Anonymous
>>32703336 This. which sites related to BTC-E are reputable and legit?

2 hours later 32703425 Anonymous
>>32703336 >All the payment sites are in Russian... ... and talking of Red Flags...

2 hours later 32703701 Anonymous
>downloaded litecoin wallet why isnt it doing anything? >use coinotron >download GUIMiner >says it has accepted 0 shares...but its busy with 105.blabla hashes/s or something aight fellas...explain...what am i doing?

3 hours later 32703882 Anonymous
>>32702741 This

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