Topic: Bitcoin down Litecoin UP 2014 - page 2. (Read 10262 times)
Dat pump & dump.
Your communist ideas of fairness is what drives every western political decision and the very reason the economy is tanking. Truck on comrade.
You can't comprehend that fair wealth distribution is an important factor for an effective economy.
Sierra Leone has one of the worst income equality for instance while Japan has one of the best. Now try to compare the economies of those 2 countries and call Japanese "communists".
The funny thing is that people like you will mostly be first to whine about fairness when someone just takes something from you by force.
exactly, I am thankful that I am not the only one who think this way
Japan has a higher debt than most (all?) western countries in terms of percent to GDP. Google is your friend in instances like this. They are on the list of countries with economies set to collapse. Largely due to our western influence on their economy.
And I bet that you whine a lot that the state unfairly takes the money from you... people like you always do.
The problem is that you don't understand the relation between global trade and debt. Most of the developed countries are in debt to each other or to their own people. Don't get your knowledge from schizophrenic youtube videos on how everyone are in debt to IMF that is owned by evil bankers/reptile aliens. Sure the bankers are skimming profits, and sure there a lot of crooks in banking, but most of the debt is actually created between countries that have close trade relations.
I will give you apples, you will owe me for these apple.. you will in turn give me oranges and I will owe you for those oranges, with the debt constantly changing in relation to the current trade needs.
To simplify things more:
what matters the most is how the majority of the population feels that they are valued by society. When everyone feels that they are valued fairly according to their education and workload, then everyone will work more efficiently. When people are undervalued, then they lose motivation to work and get educated, just as people lose motivation to work and get educated when they are overvalued.
The main thing that went wrong with communism was central planning. Markets are just too complex for a single building full of people to regulate fairly. The Soviet economy for instance was highly abused by the top officials and the rest were too incompetent to understand supply and demand. This is the thing that created an highly inefficient economy that was constantly plagued by product deficit or oversupply.
Your communist ideas of fairness is what drives every western political decision and the very reason the economy is tanking. Truck on comrade.
communism ? is it the new thing of " I don't like your opinion" ? when equal chances became communism ?
I think I am the biggest capitalist, but I have values and morals, I don't drink people's blood in order to make some profits or gain a better position, this way of Communism thing exist only in your dictionary, I would think of it as a human rights.....
don't make a fool of your self, the equal distribution comes from the fact that Litecoin's launch was announced before, people knew what is a cryptocurrency thanks to Bitcoin, they all started mining with a different equipment, so Litecoin wasn't competing with Bitcoin over the network hash power.
also now that we know Satoshi is still around with the 1 million coin he owns, yes he deserve owning them but...we don't know what will happen with them or with the mtgox coins or with the many stolen coins, I would better feel if I spread the risk between these 2 coins.
There will always be people who have more money than others. If lite somehow became bigger than bitcoin it would happen again. There would be another gox, new major heists.
If you think a more even distribution of coins is a good thing then you should focus on a coin that enforces this. Litecoin can't, and trying to promote it based on the current distribution is foolish.
again, this will be my last respond to you, it is different when you don't have a chance or when the chance is taken from you than when you do have a chance and you give it up or you agree to compromise your position...two whole different stories.
I can debate this thing with you for days, but I speak of my experience and I deeply feel and mean every word I said, I am born and raised in a 3rd world country but lived 1/3 of my life in Europe, I know exactly what I am talking about, because I lived both scenarios....
Your communist ideas of fairness is what drives every western political decision and the very reason the economy is tanking. Truck on comrade.
communism ? is it the new thing of " I don't like your opinion" ? when equal chances became communism ?
I think I am the biggest capitalist, but I have values and morals, I don't drink people's blood in order to make some profits or gain a better position, this way of Communism thing exist only in your dictionary, I would think of it as a human rights.....
don't make a fool of your self, the equal distribution comes from the fact that Litecoin's launch was announced before, people knew what is a cryptocurrency thanks to Bitcoin, they all started mining with a different equipment, so Litecoin wasn't competing with Bitcoin over the network hash power.
also now that we know Satoshi is still around with the 1 million coin he owns, yes he deserve owning them but...we don't know what will happen with them or with the mtgox coins or with the many stolen coins, I would better feel if I spread the risk between these 2 coins.
There will always be people who have more money than others. If lite somehow became bigger than bitcoin it would happen again. There would be another gox, new major heists.
If you think a more even distribution of coins is a good thing then you should focus on a coin that enforces this. Litecoin can't, and trying to promote it based on the current distribution is foolish.
again, this will be my last respond to you, it is different when you don't have a chance or when the chance is taken from you than when you do have a chance and you give it up or you agree to compromise your position...two whole different stories.
I can debate this thing with you for days, but I speak of my experience and I deeply feel and mean every word I said, I am born and raised in a 3rd world country but lived 1/3 of my life in Europe, I know exactly what I am talking about, because I lived both scenarios....
Your communist ideas of fairness is what drives every western political decision and the very reason the economy is tanking. Truck on comrade.
You can't comprehend that fair wealth distribution is an important factor for an effective economy.
Sierra Leone has one of the worst income equality for instance while Japan has one of the best. Now try to compare the economies of those 2 countries and call Japanese "communists".
The funny thing is that people like you will mostly be first to whine about fairness when someone just takes something from you by force.
exactly, I am thankful that I am not the only one who think this way
Japan has a higher debt than most (all?) western countries in terms of percent to GDP. Google is your friend in instances like this. They are on the list of countries with economies set to collapse. Largely due to our western influence on their economy.
Your communist ideas of fairness is what drives every western political decision and the very reason the economy is tanking. Truck on comrade.
communism ? is it the new thing of " I don't like your opinion" ? when equal chances became communism ?
I think I am the biggest capitalist, but I have values and morals, I don't drink people's blood in order to make some profits or gain a better position, this way of Communism thing exist only in your dictionary, I would think of it as a human rights.....
don't make a fool of your self, the equal distribution comes from the fact that Litecoin's launch was announced before, people knew what is a cryptocurrency thanks to Bitcoin, they all started mining with a different equipment, so Litecoin wasn't competing with Bitcoin over the network hash power.
also now that we know Satoshi is still around with the 1 million coin he owns, yes he deserve owning them but...we don't know what will happen with them or with the mtgox coins or with the many stolen coins, I would better feel if I spread the risk between these 2 coins.
There will always be people who have more money than others. If lite somehow became bigger than bitcoin it would happen again. There would be another gox, new major heists.
If you think a more even distribution of coins is a good thing then you should focus on a coin that enforces this. Litecoin can't, and trying to promote it based on the current distribution is foolish.
Your communist ideas of fairness is what drives every western political decision and the very reason the economy is tanking. Truck on comrade.
You can't comprehend that fair wealth distribution is an important factor for an effective economy.
Sierra Leone has one of the worst income equality for instance while Japan has one of the best. Now try to compare the economies of those 2 countries and call Japanese "communists".
The funny thing is that people like you will mostly be first to whine about fairness when someone just takes something from you by force.
exactly, I am thankful that I am not the only one who think this way
Your communist ideas of fairness is what drives every western political decision and the very reason the economy is tanking. Truck on comrade.
communism ? is it the new thing of " I don't like your opinion" ? when equal chances became communism ?
I think I am the biggest capitalist, but I have values and morals, I don't drink people's blood in order to make some profits or gain a better position, this way of Communism thing exist only in your dictionary, I would think of it as a human rights.....
don't make a fool of your self, the equal distribution comes from the fact that Litecoin's launch was announced before, people knew what is a cryptocurrency thanks to Bitcoin, they all started mining with a different equipment, so Litecoin wasn't competing with Bitcoin over the network hash power.
also now that we know Satoshi is still around with the 1 million coin he owns, yes he deserve owning them but...we don't know what will happen with them or with the mtgox coins or with the many stolen coins, I would better feel if I spread the risk between these 2 coins.
Your communist ideas of fairness is what drives every western political decision and the very reason the economy is tanking. Truck on comrade.
You can't comprehend that fair wealth distribution is an important factor for an effective economy.
Sierra Leone has one of the worst income equality for instance while Japan has one of the best. Now try to compare the economies of those 2 countries and call Japanese "communists".
The funny thing is that people like you will mostly be first to whine about fairness when someone just takes something from you by force.
What does lead you to think this?
Your communist ideas of fairness is what drives every western political decision and the very reason the economy is tanking. Truck on comrade.
communism ? is it the new thing of " I don't like your opinion" ? when equal chances became communism ?
I think I am the biggest capitalist, but I have values and morals, I don't drink people's blood in order to make some profits or gain a better position, this way of Communism thing exist only in your dictionary, I would think of it as a human rights.....
Your communist ideas of fairness is what drives every western political decision and the very reason the economy is tanking. Truck on comrade.
communism ? is it the new thing of " I don't like your opinion" ? when equal chances became communism ?
I think I am the biggest capitalist, but I have values and morals, I don't drink people's blood in order to make some profits or gain a better position, this way of Communism thing exist only in your dictionary, I would think of it as a human rights.....
LTC will probably repeat history... at first the manipulative whales will hold back the rise just to raise tension, and then it will suddenly be released, creating an very fast surge upwards.
It was exactly like that during the last couple of days with 9.5-10$
It was exactly like that during the last couple of days with 9.5-10$
just to add something here, Litecoin distribution seems more fair than Bitcoin's distribution, while more than 45% is held on addressed from 0-10000 LTC and only 34% are held from addresses with 100000-10000000 in which 2 of these addresses are owned by BTC-e and OKcoin, this means only exchanges hold 23% of people's Litecoins.
this brings us to 70% held by small holders like me.
beside the huge development and marketing going around Litecoin, the fact of the distribution compared to Bitcoin's distribution, and the fact that I dont have to worry about satoshi's coins or the stolen coins from Mtgox.... is really attracting
Source: http://bitinfocharts.com/top-100-richest-litecoin-addresses.html
https://i.imgur.com/K5rmEGc.png
I don't know exactly about distribution, but the insider whales at BTC-E are kind of dumb brutes, who should learn more refined methods for market manipulation then fake 2mil.$+ buy/sell walls. Things like that make people turn away from LTC. The market will always be manipulated, but just don't be so damn obvious when you do it.
In the general idea, I agree that LTC probably has a bright future.
I'll quote myself here, what I posted couple of days ago when talking about Houbi accepting LTC.
It will increase the LTC trade volume and will cause it's price to rise. There will probably be a very fast rise,similae to the previous spikes. Over time LTC will gain more traction and it will probably be traded on Bitstamp soon, because Stamp will start losing volume to BTC-E, because of the good arbitrage options between China. Because of the same base source-code, it will be simple for all the service companies to adopt LTC usage.
The future for LTC is probably bright.
In the future, it will be easier to sell LTC then BTC, because it has less criminal history, publicly known creator and scrypt having it's advantages in hash rate growth stability and in not being made by the NSA, that isn't currently an very popular organization.
The future for LTC is probably bright.
In the future, it will be easier to sell LTC then BTC, because it has less criminal history, publicly known creator and scrypt having it's advantages in hash rate growth stability and in not being made by the NSA, that isn't currently an very popular organization.
Your communist ideas of fairness is what drives every western political decision and the very reason the economy is tanking. Truck on comrade.
LTC will probably repeat history... at first the manipulative whales will hold back the rise just to raise tension, and then it will suddenly be released, creating an very fast surge upwards.
It was exactly like that during the last couple of days with 9.5-10$
It was exactly like that during the last couple of days with 9.5-10$
just to add something here, Litecoin distribution seems more fair than Bitcoin's distribution, while more than 45% is held on addressed from 0-10000 LTC and only 34% are held from addresses with 100000-10000000 in which 2 of these addresses are owned by BTC-e and OKcoin, this means only exchanges hold 23% of people's Litecoins.
this brings us to 70% held by small holders like me.
beside the huge development and marketing going around Litecoin, the fact of the distribution compared to Bitcoin's distribution, and the fact that I dont have to worry about satoshi's coins or the stolen coins from Mtgox.... is really attracting
Source: http://bitinfocharts.com/top-100-richest-litecoin-addresses.html
LTC will probably repeat history... at first the manipulative whales will hold back the rise just to raise tension, and then it will suddenly be released, creating an very fast surge upwards.
It was exactly like that during the last couple of days with 9.5-10$
It was exactly like that during the last couple of days with 9.5-10$
So we see that the newer a coin is the better it performs vs bitcoin. And moving on.
Every single new coin outperforms bitcoin. They increase from nothing to something. That's an infinite increase.
but didn't Bitcoin do this, as well?
Every single new coin outperforms bitcoin. They increase from nothing to something. That's an infinite increase.
Litecoin is not a new coin, it is 2.5 years old...
Every single new coin outperforms bitcoin. They increase from nothing to something. That's an infinite increase.
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