LOTTOCOIN OLD THREAD, [CLOSED] - page 206.

C3ALL

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Activity: 140

Merit: 100

★ BitClave ICO: 08/11/17 ★

Quote from: Oldminer on December 30, 2013, 02:35:12 AM

LOL you guys, I know of someone on here that has 30m coins and he doesnt even have any miners. I know of another guy that has 45m and he doesn't have a lot of hardware compared to some. You all need to chill out a bit.

And would either of these people put their entire holding on a single order on cryptsy at 50x the current trade price?

60M on cryptsy with no real chance of selling soon, but taking the risk of placing that much outside the control of your personal wallet. If only there were a way to have amased 60 million coins or more without it actually having cost that much, so the risk is negligible, but rewards great. Oh, wait a minute.....

As has been said, unles the premine wallet address is shown and people can have it proven this is not premine coins being used speculatively instead of for coin promotion and dev work as stated, then this is premine coins being used for speculative profit ahead of development work. Anyone suggesting anything different is, as before, deluded. As coin holders you should be wishing to see the coin promoted by the devs, not banked to be sold later. But as others have posted, it appears rational thought has long since left this building.

leewilson

sr. member

Activity: 434

Merit: 250

Quote from: Galimore on December 30, 2013, 01:47:40 AM

Quote from: noedelx on December 30, 2013, 01:43:50 AM

Quote from: C3ALL on December 30, 2013, 01:38:51 AM

Quote from: haggis on December 30, 2013, 01:33:11 AM

You could call it a dumb if the sell price would be 10 satoshi, but...

Im not calling it dumb, its an extremely profitable move. Though on page one: "Premine 2%, for dev, support, bounty, and giveaway"

Where does it say that almost 20% of the premine will be parked on cryptsy in a $900,000 order for the devs? Anyone?

stop talking shit all the dam time anyone with a brain woulth not dump below 40 satosis

Unless you happen to have 300 million coins in which case selling at 40 satoshi would net you $90,000. Two years salary for something you worked on for two weeks isn't too bad, right?

2 weeks? Try maybe 2 days @ 8 hour days. That includes all forum posts because we know from the post and answers that nowhere close to all posts were ever read.

boomerjackson

newbie

Activity: 42

Merit: 0

Quote from: noedelx on December 30, 2013, 02:48:11 AM

Quote from: boomerjackson on December 30, 2013, 02:41:19 AM

Quote from: skillrun on December 30, 2013, 02:40:16 AM

LOT now on cryptsy.
What you think will this day bring for the coin ?

https://www.cryptsy.com/markets/view/137

gtfo

no you gtfo stop talking like that to new comers
if u simply dont like this coin sell ur amount and be gone simple if not then shut up

y3804

sr. member

Activity: 406

Merit: 250

Quote from: leewilson on December 30, 2013, 02:42:39 AM

Quote from: C3ALL on December 30, 2013, 01:31:15 AM

Quote from: damnation on December 30, 2013, 01:24:15 AM

Your a strange person.. so what if its a premine sell order? have you seen the sell price.. its at 2100 satoshi's if your worried about the wall we are a long way away from that.. early optimistic predictions were for 300 satoshi's your talking about something like 7 times higher..

With the way prices have been fluctuating its not hard to buy up a few million here and there... Heck i had 490K on a 400kh/s system.. and another 400k from pool mining for about 5 days. on the other hand using 40K LOT i traded it back and forth till my stake was about 150K in coinedup..

And would you put your entire holding on a single order in cryptsy that is a way off being filled? No, you wouldn't. Which is why this is obviously sombody that can afford to just park 60M LOT and leave it. There is only one source that has a bankroll like that. As Ive said before, anyone who doesn't believe thats a dump of premine coins is deluded.

Logical explanations are not allowed. These aren't the droids you're looking for.

He's PARKING his 60M LOT because he doesn't want to SELL at CURRENT RATES.

EARLY MINERS. Alright? It's SPECULATION. Maybe it's mrlotto, maybe not. We. Don't. Know.

Quote from: littlemc on December 30, 2013, 02:48:05 AM

guys why you don't listen...
i have made more than 5 MILLION
with a miserable 1.7 mh/s rig
darkknight mined with 22 mh/s, meaning he has done x12 times more than i did
another miner had around 18 mh/s
and they are not alone, so much solo mined this coin
just wait for mrlotto or something, don't accuse before you got any proof

EXACTLY. Thank god, I'm not the only one who witnessed DarkKnight and these dudes

noedelx

full member

Activity: 140

Merit: 100

Quote from: boomerjackson on December 30, 2013, 02:41:19 AM

Quote from: skillrun on December 30, 2013, 02:40:16 AM

LOT now on cryptsy.
What you think will this day bring for the coin ?

https://www.cryptsy.com/markets/view/137

gtfo

no you gtfo stop talking like that to new comers
if u simply dont like this coin sell ur amount and be gone simple if not then shut up

littlemc

member

Activity: 98

Merit: 10

guys why you don't listen...
i have made more than 5 MILLION
with a miserable 1.7 mh/s rig
darkknight mined with 22 mh/s, meaning he has done x12 times more than i did
another miner had around 18 mh/s
and they are not alone, so much solo mined this coin
just wait for mrlotto or something, don't accuse before you got any proof

leewilson

sr. member

Activity: 434

Merit: 250

Quote from: C3ALL on December 30, 2013, 01:45:00 AM

Quote from: svennand on December 30, 2013, 01:43:04 AM

this could easily be resolved if mrlotto just followed my tip regarding open book accounting
and giving us his premine wallet adress to monitor. that way these question/speculations would not emerge...

More chance of taking a pee in the queens handbag imho. Cheesy

I can honestly say I have never heard that saying, but will be using it in the future.

leewilson

sr. member

Activity: 434

Merit: 250

Quote from: svennand on December 30, 2013, 01:43:04 AM

this could easily be resolved if mrlotto just followed my tip regarding open book accounting
and giving us his premine wallet adress to monitor. that way these question/speculations would not emerge...

That would allow public opinion to have a chance to drive value up versus the opposite. He could even have put in that open accounting he wanted to buy a new house as the dev and so keep .5% for himself and it would work out fine but hiding it will only have the potential for a very bad effect.

svennand

sr. member

Activity: 462

Merit: 250

Quote from: Oldminer on December 30, 2013, 02:35:12 AM

LOL you guys, I know of someone on here that has 30m coins and he doesnt even have any miners. I know of another guy that has 45m and he doesn't have a lot of hardware compared to some. You all need to chill out a bit.

waiting for an better response than this.
Theres no harm in releasing the premine account adress so people can look for themself
and put theese speculations to rest.

leewilson

sr. member

Activity: 434

Merit: 250

Quote from: C3ALL on December 30, 2013, 01:31:15 AM

Quote from: damnation on December 30, 2013, 01:24:15 AM

Your a strange person.. so what if its a premine sell order? have you seen the sell price.. its at 2100 satoshi's if your worried about the wall we are a long way away from that.. early optimistic predictions were for 300 satoshi's your talking about something like 7 times higher..

With the way prices have been fluctuating its not hard to buy up a few million here and there... Heck i had 490K on a 400kh/s system.. and another 400k from pool mining for about 5 days. on the other hand using 40K LOT i traded it back and forth till my stake was about 150K in coinedup..

And would you put your entire holding on a single order in cryptsy that is a way off being filled? No, you wouldn't. Which is why this is obviously sombody that can afford to just park 60M LOT and leave it. There is only one source that has a bankroll like that. As Ive said before, anyone who doesn't believe thats a dump of premine coins is deluded.

Logical explanations are not allowed. These aren't the droids you're looking for.

boomerjackson

newbie

Activity: 42

Merit: 0

Quote from: skillrun on December 30, 2013, 02:40:16 AM

LOT now on cryptsy.
What you think will this day bring for the coin ?

https://www.cryptsy.com/markets/view/137

gtfo

skillrun

member

Activity: 98

Merit: 10

LOT now on cryptsy.
What you think will this day bring for the coin ?

https://www.cryptsy.com/markets/view/137

leewilson

sr. member

Activity: 434

Merit: 250

Quote from: y3804 on December 30, 2013, 01:01:44 AM

Quote from: C3ALL on December 30, 2013, 12:56:26 AM

Quote from: Prelektro on December 29, 2013, 10:14:05 PM

You're missing two points : This coin is not some week old coin its been on since 12 Dec and since that 60m could be easily mined with one person.

No, it couldn't given the rise in diffculty, and around 90% of blocks being taken by just two pools since day one. This is a dump of the premine, and everyone can see it. It is exactly the fear that a lot of us spoke about just a few pages back. Those of us rasing these fears were accused of being trolls and negative toward the coin. In actual fact we were the ones who could see exactly what was coming when there was no volunteering of open book accounting on the premine.

The sensible thing would have been to sell blocks, all the way up the value. Instead, there is now a huge wall that has effectively set the maximum value for a long time. Given some of the amaturish comments from the team toward people here (calling them retarded), this action is hardly a surprise.

The premine is supposed to be for promotion and development. Its very clear what it is being used for now, and those calling for investment in new games and promotions should be pretty disspointed about this. There are members here (Hampuz) that have done more for this coin than any premine spending has.

Not from the premine. I had like 10m very early on but sold them (3 days of early mining). With a good mining rig, 60m could be the result of mining from release up to now, buying @0.10BTC/M, playing Coinbomb, without a doubt

Could be, but we know with certainty what has created that much coin
.

leewilson

sr. member

Activity: 434

Merit: 250

Quote from: C3ALL on December 30, 2013, 12:56:26 AM

Quote from: Prelektro on December 29, 2013, 10:14:05 PM

You're missing two points : This coin is not some week old coin its been on since 12 Dec and since that 60m could be easily mined with one person.

No, it couldn't given the rise in diffculty, and around 90% of blocks being taken by just two pools since day one. This is a dump of the premine, and everyone can see it. It is exactly the fear that a lot of us spoke about just a few pages back. Those of us rasing these fears were accused of being trolls and negative toward the coin. In actual fact we were the ones who could see exactly what was coming when there was no volunteering of open book accounting on the premine.

The sensible thing would have been to sell blocks, all the way up the value. Instead, there is now a huge wall that has effectively set the maximum value for a long time. Given some of the amaturish comments from the team toward people here (calling them retarded), this action is hardly a surprise.

The premine is supposed to be for promotion and development. Its very clear what it is being used for now, and those calling for investment in new games and promotions should be pretty disspointed about this. There are members here (Hampuz) that have done more for this coin than any premine spending has.

+1 all the way around.

Oldminer

legendary

Activity: 1022

Merit: 1001

LOL you guys, I know of someone on here that has 30m coins and he doesnt even have any miners. I know of another guy that has 45m and he doesn't have a lot of hardware compared to some. You all need to chill out a bit.

y3804

sr. member

Activity: 406

Merit: 250

Quote from: C3ALL on December 30, 2013, 02:30:53 AM

Quote from: y3804 on December 30, 2013, 02:23:57 AM

2nd day after LOT's release, DarkKnight was mining @ devianttwo's pool with 20Mh/s. Another guy was mining @ 26Mh/s. I remember it very very clearly, and they both were earning 10m/day.

I solomined 1 mil with a poverty rig hashing 300kh/s on the second day. Do you guys want any more evidence??

Remember guys, the first 3 days, all blocks were triple reward.

And, as has been said before, would they then put it all on crypty on a singletrade 50x higher than the current trade price?

I can't believe that there are people so blind to this being a premine sell.

Here's a hypothesis.. Perhaps they transferred their LOT to Cryptsy, decided to put a sell without attempting to actually sell them because they are unhappy with the current trading rates?

I would probably do the same. It can only drive the price up

50x higher or not it doesn't matter. It's currently unreachable. That's the idea

C3ALL

full member

Activity: 140

Merit: 100

★ BitClave ICO: 08/11/17 ★

Quote from: noedelx on December 30, 2013, 02:28:11 AM

well the fact that at the price he listed at it aint gonna sell anytime soon and tbh everyone shud just shut up 60mill is nothing
at current price that woulth only be 15 BTC woulth u look wierd if u see some 5 BTC sell / buy walls on 50 ?

Its not the value that matters, its the principal of parking near 20% of the premine on an exchange when it should be used for promotion. See what the premine is supposed to be used for in the OP and show us where it says 20% of premine will be used to put a $1m order in on cryptsy.

boomerjackson

newbie

Activity: 42

Merit: 0

Quote from: mybogusname on December 30, 2013, 02:25:20 AM

What I find funny is that not more people are buying and selling to make more money. Its very easy to do. Buy half at a little bit lower rate, then sell the other half at a little bit higher rate. If the price drops a little, you get them cheap, as the price yo-yo's back and forth, you can make GOOD money fast, easy and legitimately. The more coins you have, the faster your profit. That is why it is doing the "trading dance". Smart people making smart money off those that don't practice this.

Eventually when it does go up, you go up with it and earn money on the up and down. (Simple trading)

So make like 5 sell orders of 100K at 50 satoshis and 5 buy orders of 100K at 40 satoshis?

C3ALL

full member

Activity: 140

Merit: 100

★ BitClave ICO: 08/11/17 ★

Quote from: y3804 on December 30, 2013, 02:23:57 AM

2nd day after LOT's release, DarkKnight was mining @ devianttwo's pool with 20Mh/s. Another guy was mining @ 26Mh/s. I remember it very very clearly, and they both were earning 10m/day.

I solomined 1 mil with a poverty rig hashing 300kh/s on the second day. Do you guys want any more evidence??

Remember guys, the first 3 days, all blocks were triple reward.

And, as has been said before, would they then put it all on crypty on a singletrade 50x higher than the current trade price?

I can't believe that there are people so blind to this being a premine sell.

svennand

sr. member

Activity: 462

Merit: 250

Quote from: azzelden on December 30, 2013, 02:26:17 AM

What happened to this pool
https://lot.nut2pools.com
i have A lot of coins in it and I can not Login it Angry

No worries.
Its the fronted that is down, backend is 100% up and accepting shares.
trying to contact nutnut to get this sorted.

Topic: LOTTOCOIN OLD THREAD, [CLOSED] - page 206. (Read 370543 times)