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Topic: Cognitive-LTC Possibility (Read 1959 times)

legendary
Activity: 1974
Merit: 1010
August 22, 2012, 12:02:58 AM
#24
I'm glad you agree and thanks for listening.  I just purchased another Cognitive share.   Smiley
legendary
Activity: 938
Merit: 1000
What's a GPU?
August 21, 2012, 11:00:04 PM
#23
By creating multiple businesses it give me less confidence in you as an investor.  I'd rather see 1 strong business with growth and expansion then the multiple businesses your creating which all compete for your time.

You know what, I totally agree with that. Now I'm probably going to scrap Cognitive-LTC. (No I'm not being sarcastic Tongue)

I want Cognitive to be hugely successful. Right now it is the largest publicly traded Bitcoin asset offering equity, which is absolutely awesome. Right now the main reason preventing large scale expansion is the introduction of the ASIC. As of now, BFL is the only way to go if we want to invest in more hardware and still remain largely profitable when ASICs are released.
legendary
Activity: 1974
Merit: 1010
August 21, 2012, 10:36:21 PM
#22
By creating multiple businesses it give me less confidence in you as an investor.  I'd rather see 1 strong business with growth and expansion then the multiple businesses your creating which all compete for your time.
legendary
Activity: 938
Merit: 1000
What's a GPU?
August 21, 2012, 10:29:06 PM
#21
Please elaborate. This cannot hurt the original Cognitive at all.
hero member
Activity: 532
Merit: 500
August 21, 2012, 09:01:37 PM
#20
I don't think this is a good idea.  Just because you mine some asset doesn't mean you have to pay in that asset.
legendary
Activity: 938
Merit: 1000
What's a GPU?
August 21, 2012, 07:38:08 PM
#19
Spread your buys and sells between btc-e and Vircurex.com

I definitely would like to maintain one asset, but I also want the best for Litecoin. Driving the price down in Litecoin's current state would not be a difficult thing to do with a large scale mining farm converting all earnings to BTC.
hero member
Activity: 525
Merit: 500
August 21, 2012, 06:56:21 PM
#18
Spread your buys and sells between btc-e and Vircurex.com
legendary
Activity: 938
Merit: 1000
What's a GPU?
August 21, 2012, 11:29:45 AM
#17
If you folded this into Cognitive and it was reflected in the dividends then I would just buy more Cognitive.

If you need to exchange LTC for BTC I hear btc-e is nice.

Just a friendly suggestion.   Smiley

I appreciate the input, and would be totally game for that method, but if we want to expand largely we would put too much negative pressure on the BTC/LTC market.
legendary
Activity: 1974
Merit: 1010
August 21, 2012, 10:24:04 AM
#16
If you folded this into Cognitive and it was reflected in the dividends then I would just buy more Cognitive.

If you need to exchange LTC for BTC I hear btc-e is nice.

Just a friendly suggestion.   Smiley
hero member
Activity: 602
Merit: 513
GLBSE Support [email protected]
August 21, 2012, 03:13:36 AM
#15
Couldn't there be a sub market just for LTC?

There could I suppose, but as I mentioned anything like that is going to take a good bit of work to implement, which means time.

How big IS litecoin? I've never really had more than a passing look at it.

Small, relatively, but growing. You know what, I find myself agreeing with this:
At this point glbse setting up ltc support would seem like the big kid taking someones lunch money Cheesy
Perhaps you should stay focused with Bitcoin, while LitecoinGlobal maintains the Litecoin exchange. This would probably be for the best.

Fair enough. I'll point my scarce resources elsewhere.
legendary
Activity: 938
Merit: 1000
What's a GPU?
August 21, 2012, 03:06:11 AM
#14
Couldn't there be a sub market just for LTC?

There could I suppose, but as I mentioned anything like that is going to take a good bit of work to implement, which means time.

How big IS litecoin? I've never really had more than a passing look at it.

Small, relatively, but growing. You know what, I find myself agreeing with this:
At this point glbse setting up ltc support would seem like the big kid taking someones lunch money Cheesy
Perhaps you should stay focused with Bitcoin, while LitecoinGlobal maintains the Litecoin exchange. This would probably be for the best.
hero member
Activity: 602
Merit: 513
GLBSE Support [email protected]
August 21, 2012, 02:56:19 AM
#13
Couldn't there be a sub market just for LTC?

There could I suppose, but as I mentioned anything like that is going to take a good bit of work to implement, which means time.

How big IS litecoin? I've never really had more than a passing look at it.
legendary
Activity: 938
Merit: 1000
What's a GPU?
August 21, 2012, 02:14:30 AM
#12
Couldn't there be a sub market just for LTC?
hero member
Activity: 602
Merit: 513
GLBSE Support [email protected]
August 21, 2012, 02:06:09 AM
#11

As the site developer, shouldn't you have the best answer?


Hmmm, I guess that was lazy.


Well, actually thinking about it, would need to have litecoind running and the blockchain, deposits/withdrawals and be able to pay dividends with litecoins. But having the ability to buy other assets on GLBSE (i.e. using the market) would be a lot more work and not something I'd go so far as to support.

It would mean that the share would be bought with bitcoins and make payments with litecoins.
hero member
Activity: 686
Merit: 500
Wat
August 21, 2012, 01:22:49 AM
#10
What would be the quickest, easiest method to get litecoins on GLBSE?

As the site developer, shouldn't you have the best answer?


 Undecided


I suggest a partnership with litecoinglobal, perhaps an equity swap.

Then you can let him develop it separately and not pile more on your plate  Smiley

At this point glbse setting up ltc support would seem like the big kid taking someones lunch money Cheesy


legendary
Activity: 938
Merit: 1000
What's a GPU?
August 21, 2012, 01:19:26 AM
#9
What would be the quickest, easiest method to get litecoins on GLBSE?

As the site developer, shouldn't you have the best answer?

I wouldn't think that it would be an extraordinarily difficult thing to do.

Also:

EDIT:

If GLBSE fully supports LTC within the duration of this poll, we will use GLBSE.

(4 days)
hero member
Activity: 602
Merit: 513
GLBSE Support [email protected]
August 21, 2012, 01:17:34 AM
#8
What would be the quickest, easiest method to get litecoins on GLBSE?
legendary
Activity: 938
Merit: 1000
What's a GPU?
August 21, 2012, 01:06:07 AM
#7
Right now I am debating on which exchange to use.

Our options are http://litecoinglobal.com/ and https://cryptostocks.com/

I'll create a poll.


https://www.litecoinglobal.com/security?s=LTC-GLOBAL
If you buy some litecoinglobal stocks then you benefit from people buying ltc mining stocks  Smiley

You cant do that on cryptostocks.

+1

And here's the poll:
https://bitcointalksearch.org/topic/cognitive-ltc-which-exchange-102175
hero member
Activity: 686
Merit: 500
Wat
August 21, 2012, 01:03:40 AM
#6
Right now I am debating on which exchange to use.

Our options are http://litecoinglobal.com/ and https://cryptostocks.com/

I'll create a poll.


https://www.litecoinglobal.com/security?s=LTC-GLOBAL
If you buy some litecoinglobal stocks then you benefit from people buying ltc mining stocks  Smiley

You cant do that on cryptostocks.
legendary
Activity: 938
Merit: 1000
What's a GPU?
August 21, 2012, 12:59:10 AM
#5
Right now I am debating on which exchange to use.

Our options are http://litecoinglobal.com/ and https://cryptostocks.com/

I'll create a poll.
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