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Topic: LOTTOCOIN OLD THREAD, [CLOSED] - page 172. (Read 370543 times)

full member
Activity: 140
Merit: 100
★ BitClave ICO: 08/11/17 ★
January 03, 2014, 05:45:09 AM
they way i see this now is as follows:

it seems LOT is on the way to reach its bottom point at cryptsy. The buy orders become less, and when it drops below .39 per million, it could easily come into a freefall to .3 or less. Now, everyone here wants mrlotto to be transparent. Yet, mrlotto replies in the thread but more importantly, IGNORING the posts about asking him to be transparant.

MrLotto does try to give faith by saying a big gamesite is coming up without giving any details. Also, he is saying he is investing everything in LOT.

Now there could be 2 outcomes here:

- MrLotto is lying and want to try to give the coin a little boost so he can dump everything. Coin will die and that's that.

- MrLotto is telling the truth, will start being transparant, and will give details about what exactly he is talking about. The coin will probably go upwards from this.

I have quiet a bit of LOT and i hope it's the 2nd outcome. BUT I am starting to get a little bit skeptical here and thinking of selling some of my stack.

Thoughts? Not trying to offend anyone here, just stating the facts.


Careful, you'll start getting called a troll if you keep pushing that point.   Nobody took any notice of me several days ago when I raised similar points, I was just labelled a troll.  Guess whats happened to the price.  Exactly what was predicted.  Without proper full open book, this will always be viewed by mass market as just another premined scam coin.  Whether its true or not, that is what a massive number of people will think until something a lot more comprehensive is shown regarding the premine, and linked to on the OP.

i.e. exactly where the coins have gone.   Are they now completely out of control of the team, or just on "loan" to others, or sat in an account waiting to be used.

A spreadsheet showing wallet address from and to, and the owner of said wallet on both sides of the transaction.   Handing over 10M for the prize fund on the lottery is fine, but that will just cover initial possibility of losses upon start up.  A lottery is eventually self sufficient, and requires no backup to fund the winnings.  So what happens to the 10m coins then?  Are they returned to dev, or just put into several 1m jackpot draws to actually give away?

Without something more detailed and clear demonstration that the coins are being used for their purpose of promotion and development, the mass market will never view this as anything other than another premned ALT coin.  Whether the team and their supporters want to accept this truth is up to them.  Calling me and others trolls for pointing it out will not change anything.
newbie
Activity: 55
Merit: 0
January 03, 2014, 05:36:52 AM
The numbers he gave seem reasonable. They do feel a little inflated, but I wouldn't be surprised if they're true.
legendary
Activity: 1022
Merit: 1001
January 03, 2014, 05:36:18 AM
Look on it from other way, Lotto is one of the most profitable coins right now to mine in scrypt, yet none of the multipools are mining them, as soon as they start mining them and dumping for btc, price will go down to 20 satoshi and it will take some weeks to recover (if it will recover with right marketing)

A couple of multipools have definitely been mining LOT the past few days.

You won 1st prize in Rapidballs draw Wink
full member
Activity: 140
Merit: 100
★ BitClave ICO: 08/11/17 ★
January 03, 2014, 05:26:33 AM
Look on it from other way, Lotto is one of the most profitable coins right now to mine in scrypt, yet none of the multipools are mining them, as soon as they start mining them and dumping for btc, price will go down to 20 satoshi and it will take some weeks to recover (if it will recover with right marketing)

Hashcows has been on it for a few days now.  They keep dipping in and out.   Though they havent found any blocks last few times, so they may just drop it if users start to voice concern.
sr. member
Activity: 392
Merit: 250
January 03, 2014, 05:22:03 AM
Look on it from other way, Lotto is one of the most profitable coins right now to mine in scrypt, yet none of the multipools are mining them, as soon as they start mining them and dumping for btc, price will go down to 20 satoshi and it will take some weeks to recover (if it will recover with right marketing)

A couple of multipools have definitely been mining LOT the past few days.
legendary
Activity: 1022
Merit: 1001
January 03, 2014, 05:16:34 AM
Good morning everyone! Great stuff going on today. Make sure to follow our twitter for any announcements aswell as just keep an eye open here at the forum!

Cheers!

Indeed, we kick off with another great give-away courtesy of Rapidballs https://bitcointalksearch.org/topic/oldminers-lucky-numbers-guess-them-win-397019

Jump in & win!  Grin
full member
Activity: 140
Merit: 100
January 03, 2014, 05:15:16 AM
Good morning everyone! Great stuff going on today. Make sure to follow our twitter for any announcements aswell as just keep an eye open here at the forum!

Cheers!
full member
Activity: 182
Merit: 100
January 03, 2014, 05:12:34 AM
Look on it from other way, Lotto is one of the most profitable coins right now to mine in scrypt, yet none of the multipools are mining them, as soon as they start mining them and dumping for btc, price will go down to 20 satoshi and it will take some weeks to recover (if it will recover with right marketing)
hero member
Activity: 602
Merit: 500
January 03, 2014, 05:04:14 AM
they way i see this now is as follows:

it seems LOT is on the way to reach its bottom point at cryptsy. The buy orders become less, and when it drops below .39 per million, it could easily come into a freefall to .3 or less. Now, everyone here wants mrlotto to be transparent. Yet, mrlotto replies in the thread but more importantly, IGNORING the posts about asking him to be transparant.

MrLotto does try to give faith by saying a big gamesite is coming up without giving any details. Also, he is saying he is investing everything in LOT.

Now there could be 2 outcomes here:

- MrLotto is lying and want to try to give the coin a little boost so he can dump everything. Coin will die and that's that.

- MrLotto is telling the truth, will start being transparant, and will give details about what exactly he is talking about. The coin will probably go upwards from this.

I have quiet a bit of LOT and i hope it's the 2nd outcome. BUT I am starting to get a little bit skeptical here and thinking of selling some of my stack.

Thoughts? Not trying to offend anyone here, just stating the facts.
legendary
Activity: 1185
Merit: 1021
January 03, 2014, 04:57:56 AM
Quote
We don't have to be mean to each other. MrLotto wants to be transparent and let everyone know where the coins went, right?
Easy solution, post the wallet(s) address(es)...easy to check out.
Done.

I agree with this. Post the wallet adress so we all can see the truth.
hero member
Activity: 938
Merit: 1002
January 03, 2014, 04:08:53 AM



[New LottoCoin Pool!]

MooPool.com is now mining LottoCoin!

The MooPool developers are working full time at creating the next best mining pool. We are currently developing a custom mining platform, with many custom features such as a referral program that will allow you to earn coin through referring new members! We have a lot planned for the future of MooPool, and hope to get the LottoCoin community to join in! If anyone has any questions or suggestions feel free to contact us in our main thread!


To help with growth MooPool.com is now mining at 0% Taxes! Come join the fun!
sr. member
Activity: 336
Merit: 250
January 03, 2014, 03:23:29 AM
Let's say 30M in giveaways, 10M in bounties, 10M in rapidballs. There's still 300+M left!?

hehe i wish  Grin

There is a lot of behind the scene stuff going on.

We are releasing a game platform very soon, that cost 20,000 euros just for the software.

This will blow any other so called gaming coin off the market.

If you guys wanna make money LOT is the future. 40 satochi today, great buying!!!

Will you be able to buy with/cash out with fiat money? Because that would really blow every other altcoin away (except top 5)
sr. member
Activity: 270
Merit: 250
January 03, 2014, 03:12:41 AM
im  slowly selling my coin collection, and reinvesting in LOT
sr. member
Activity: 270
Merit: 250
January 03, 2014, 03:06:04 AM
Let's say 30M in giveaways, 10M in bounties, 10M in rapidballs. There's still 300+M left!?

hehe i wish  Grin

There is a lot of behind the scene stuff going on.

We are releasing a game platform very soon, that cost 20,000 euros just for the software.

This will blow any other so called gaming coin off the market.

If you guys wanna make money LOT is the future. 40 satochi today, great buying!!!
hero member
Activity: 882
Merit: 500
January 03, 2014, 01:20:05 AM
cryptsy down?

I thought it was just me, but guess not. Nothing is loading. Although it did let me log in.
newbie
Activity: 42
Merit: 0
January 03, 2014, 01:13:32 AM
cryptsy down?
hero member
Activity: 882
Merit: 500
January 03, 2014, 01:09:08 AM
Let's say 30M in giveaways, 10M in bounties, 10M in rapidballs. There's still 300+M left!?

There was already almost 20M in verified bounties posted right in the OP. You are just pulling numbers out of your ass. You also come across as terribly rude and demanding.

We don't have to be mean to each other. MrLotto wants to be transparent and let everyone know where the coins went, right?
Easy solution, post the wallet(s) address(es)...easy to check out.
Done.
sr. member
Activity: 392
Merit: 250
January 03, 2014, 01:04:41 AM
Let's say 30M in giveaways, 10M in bounties, 10M in rapidballs. There's still 300+M left!?

There was already almost 20M in verified bounties posted right in the OP. You are just pulling numbers out of your ass. You also come across as terribly rude and demanding.
hero member
Activity: 882
Merit: 500
January 03, 2014, 01:04:36 AM
Let's say 30M in giveaways, 10M in bounties, 10M in rapidballs. There's still 300+M left!?

That 30M in giveaways is beyond a stretch.
He could just be transparent and post the wallet(s) used and we could see for ourselves.
sr. member
Activity: 406
Merit: 250
January 03, 2014, 01:02:50 AM
Let's say 30M in giveaways, 10M in bounties, 10M in rapidballs. There's still 300+M left!?
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