lol....just got an L3 hosted today.......heh.....all it has to do is HOLD at above $6 and I'm ok for this bet.....I got it confirmed and in place at like 9pm cst today
and LTC was like 7.21...now i see it has dropped to $6.65
OK..NOW i KNOW I AM THE CAUSE OF ALL PROBLEMS IN CRYPTO...sorry about that all...jinx'd the works I did it seems
(again just needs to hang in their above 6 buck LTC and I can mine my way out in say 10 months......)
Anyway it goes back to 4.15 usd LTC from the other day..you can blame me ..as this will be proof the asic gods (of any crypto flavor) hate me
If your time horizon is roundabout 10 monthes anyway - just sweat it out. A drop back onto 4usd seems highly likely, litecoin did some small hobbles before, but reaching 8usd end of year comes into my vision. There are no valid points
against litecoin.
Links at hand on a "L3" thingy perhaps?
My assumption is that this year Bitcoin will hard fork in two chains, Core controled Segwit chain and BU chain. Community support is about equal for both in my estimates.
Ethereum opened a can of worms, now everybody wanna fork with success
maybe we can see some Litecoin Unlimited soon?
My position focuses onto a single bitcoin blockchain containing merely 21mio BTC. Doubling that will end toxic, waisting the former social contract.
yeah I'm making a bet on LTC as being more or less stable ..giving it some 'traction' thus my 6 buck or above bet
where I'm hosting:
ie plug (skip if you don't need this plug/hosting)
anyone interested in hosting with a warranty for replacement hash if you have to send you unit out to get fixed as one of the perks (again will be hosting the rest of my titans/stuff there
soon) here is the link.....I particularly like the bitmain breaks you get your hash if it goes off to china to get fixed option
here is the thread
https://bitcointalksearch.org/topic/sold-antminer-l3-250-mh-scrypt-miners-hosted-included-1802108my reply on thread
https://bitcointalksearch.org/topic/m.18413585anyway .thats the bet worse case I lose a month to 5 weeks of mining all my equipment to pay this down and replace ltc...(at $6 ltc) and will make that up in keeping some miners along longer and hopefully when price is more at end
of life of all my equip ..esp KNC Titans. (L3's use 1/3 of the elec of a 300mh Titan)....thus a pretty easy bet for me to get TWO. I know maxumark ...been to his house/colo-hub data hall/ anyway known him a year.
Anyway ..the play I'm making...I just figure a miner turned on the same day as you order it is better then waiting till May 1st to get one! Esp with the hash rate insurance
but again my bet on ltc holding above $6 ..so again I'm not taking a lot of risk on this then losing a month to 5 weeks tossing hash at this purchase
or more. The offer is legit if limited...look over the thread carefully...he is offering a lot for in my view a little ..more so then most hosting sites I've ever seen ...
Well anyway, If I'm wrong and LTC (the merciless bitch) drops back down to $4.15 at only 400 watts for 250mh I will likely be able to mine out of this hole (oranges (btc in) same oranges (btc out) ...even it it takes me 14 months
Again the bet it LTC is under valued by about 3 bucks or more....we will see if I am a chump or a champ on this view