Topic: LOTTOCOIN OLD THREAD, [CLOSED] - page 182. (Read 370543 times)

your welcome.. can i ask what your mining rig will be?

thanks bud

hmm no you will need to run a wallet if your planning on solo mining.. but for pool mining it wont be necessary.

so this doesnt matter for pool mining or if i dont have a wallet on my rigs?

UP！！！！！！

just hit a big block solo, 131k woohoooo my new year is starting off good with some luck

I give up.. i was making a sincere effort to open up a proper line of communication about greviance's held. I find the term "troll" offensive in context and did ask that those terms not be used in that thread i created. I thought it would be a better way to keep FUD low while still being able to work towards a goal of bringing lot to its potential..

So i give up. Have a happy new year. Good luck on whatever new coin your doing.. and Good bye

those are the settings for your local client connection,

you can use what ever you want, then those details as log on to your lottocoin-qt client to solo

I dont understand, what do i enter for this in the conf?

rpcuser
rpcpassword

Nice to have you guys working alongside us to make Lottocoin a success. With Rapidballs, TK Dice, and other good players getting onboard we're definitely heading to the moon.

PM'd both him and Hampuz with my views.   No response.  Also speaks volumes to be honest.

As for the other posters above, if they took time to read, digest and think through the points that I raise, then they may possibly start to understand where Im coming from and how real the concerns are.  But they are obviously caught up in the mass hysteria and pumping.  Oh, Ive stopped ming it by the way.  Something more attractive came along. Will still trade the ups and downs caused by the constant pumps, but Im done creating LOT.  It was fun for a while, but if serious concerns are to be passed off as troll posts, then there really is no hope.  Look at the others that shared my views too.  Seen them around lately?  If you want to consider me a troll here, then fine.  No loss to me, I was only ever trying to point out issues and help.

Here you go.  Nothing but baseless ramping.  Feel free to go find a post in the 160+ pages by those heavliy involved that isnt just pumping.

I'd just like to take some time out and thank everyonefor mining on http://LOT.DEDICATEDPOOL.COM .  We are now mining over 1.5Gh/s and have proven ourselves to be a premium mining website that can scale well in to the future.

Since the beginning our motto has been clear - provide a healthy and friendly medium so serious miners can mine without troubles and/or worry.  Hence, if you put your miners on our stratum nodes, you can be 100% sure that they will still be running with 100% efficiency when you come back, or wake up, or whatever.

Thanks guys and lets head in to the future together.

Ryan, dedicatedpool.com support/admin
[email protected] / IRC on freenode #dedicatedpool


PS - I finally got 4 hours of sleep tonight!!  First time in like almost 4 days!  Gahhh.. and everything is still running perfectly on the server   I had like 34239843298 alerts to wake me up if something happened though

No probs, was just advised by RB though that the vouchers are random so are not always issued after an entry but of course you still stand a chance to win the faucet lottery.

Awesome. Thanks will sign up, love rapid balls. I've won a lot there

Hey guys, how many of you know about http://faucetlottery.com/  

Essentially its a LOT faucet lottery plus after you enter you may win a free voucher to use at Rapidballs.

The coin will run itself..I suggest thatyou and mrlotto take it to PM's. While you have some points, it seems you are the only one talking about them. You might get answers by pming mrlotto himself. People need to make up there own mind if they want to get involved in lot. Or even take the discussion to the littocointalk forums.

in fact you seem to be manipulating the coin with your statements and making people panic sell. Which just makes the big players buy them up at even lower prices

yea it seems like it.. like the guy is holding lottocoin accepts lottocoin still complains 24/7 about it
no one cares yet he keeps on talking

haha wtf. Is this discussion still going ?

Do you have any basis what so ever to support these statements?   Or is it just speculation?

This is the sort of factless pumping tha I am talking about.   Anyone with an ounce of common sense will see this as nothing more than a ramp by somebody with a huge vested interest.   Are you prepared to go open book on the premine and disclose exactly how much is now out of control of the team, where it has been sent, or indeed where any of it is parked for financial gain?

WIthout this sort of information, there is not a hope in hell that this will be treated any differently than any other ALT coin.  Its traded about a million dollars.  If you expect it to trade $200M, then there needs to be a lot more information out thre to investors with that kind of cash to take this seriously.

Please accept this as constructive criticism.  Pumping and shouting from the roof tops about how lotto is so great is one thing, but without any actual substance to seperate it from the crowd, its just another premined coin with devs looking to get rich quick, and the value will be reflective of that forever more unless a different aproach is taken.  All imho of course, and no doubt people share a different view.  Im happy to be proven wrong, but doubt I will.

As you wish damnation...


Fairly indicative of where the market feels a coin will head.  Are there examples of coins launching, heading south for 48 hours and recovering to 5-10x the value in a couple of weeks?  Doubtful, and certainly not without a more organised and professional approach to ther marketing.  The constant, "lets get this on cryptsy", "lets get this on coinwarz" type posts are nothing short of pumping. Many of these people who were (and still are) pumping were spouting about 200 satoshi when this hits cryptsy.  People will have invested in this based on these pumps, and now what?  Nothing to back up those blatant ramps and the possibility of a whole bunch of new entrants to this coin that are possibly sitting on a loss thanks to the relentless and baseless pumping by a few individuals with nothing other than their own investments or interests at heart.



The hype is exactly what people keep pumping for here - lets get on cryptsy, lets get on coinwarz, hold the coins and it will be good, etc etc. Just pump after pump.  When the mutipools hit it, the same will happen as has happened to others.


When a company sells shares publicly, the accounts are also public.  Thats why as a shareholder you have a say on the running.  You get to see what decisions are being made and where the money is being "spent".  In this case we have no idea if the coins have actually been spent, or just invested, or stuck on cryptsy for a quick buck.  If the CEO of a company puts his shares up fr sale, this has to be made public.  Because just as a CEO selling shares would raise questions about confidence, so would the dev of a coin sticking tens of millions on cryptsy.  There has been no acknowlegement of this one way or the other from the "team", which speaks volumes imho.


So in short, its fine for LOT to behave in exactly the same way as other coins, but people expect its value to be significantly different.  Why?   Do what you've always done, and get what you've always got is the old saying.  If there is no open bok on the premine, then it will behave exactly the same as every other alt coin with a decent premine and multipools bashing its value.  Why would it be any different if the devs arent going to behave any differently.  You honestly think that 200m, or at todays exchange rate $56,000 is a justifiable "reward" for the work done?  Crikey are some people in for a shock when they have to make it in the real world if they think returns like that are available for that much effort.   As has been said, an exact duplicate of this coin could be created for around $100.  I could personally throw $20,000 at marketing a product without even blinking, and would you believe that making a 100% return would not be excessive?   The people who can bring true value to a coin, the people with tens of thousands of dolloars/pounds/euros to throw around will see straight through a premine with no open book, and the coin will not be on their radar long term.  Thats just economic basics.


All empire bulding in their own right to be honest.  Ive yet to see a single one pump anything that hasnt got their own interests at the heart of it, yet openly accuse others of just being in it for what they can get.  Its phenomenaly hyporcitical to say the least.  You think people would be pumping the lottery every other post without making around 4% of everyones loss?  Of course they are in it to make a profit, but rather than admit that, they just mock others for only being in it for what they can get (or calling them trolls) while putting on this facade that they are doing everything for the god of the coin and everyone else, nothing what so ever to do with their own personal gain.  Its laughable.


So I can get called a troll somewhere else too?   I think Ill pass.  I'll leave it to the pro's to take this in the right direction.