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Topic: LOTTOCOIN OLD THREAD, [CLOSED] - page 282. (Read 370543 times)

full member
Activity: 140
Merit: 100
December 20, 2013, 11:11:37 PM
Cryptsy is completely dead right now...getting 502 error  Roll Eyes

Brace yourselves. LOT is coming.
ebi
member
Activity: 61
Merit: 10
December 20, 2013, 11:11:27 PM
what is a good estimate of current Net hash-rate ? 500 MH ?
& the diff keeps jumpin around  Undecided 2.5-3.8 !
full member
Activity: 182
Merit: 100
December 20, 2013, 11:10:58 PM
Cryptsy is completely dead right now...getting 502 error  Roll Eyes
full member
Activity: 140
Merit: 100
December 20, 2013, 11:00:01 PM
There should be more people like developers doing sites and all kind of stuff that accepts lottocoin, but in a professional way.
I'm trying to figure out what to do. I was thinking about a lottery, but someone already did it.
Anyway, I'm hoping it gets higher and higher

what you think it's the right price for LOT in the near future?

I would say around DOGES value right now, and increasing later on, since LOT has a lot of potential and a true purpose. In the coming days you should ATLEAST be able to sell 1million LOT for 1-2btc.


Could you tell me why it has a lot of pontential and what is that true purpose?


Well, is it not obvious?  Doge was made as a joke, a coin with no other purpose than being a meme. Memes die out sooner or later. Something that involves Lottery can live forever. You know how big the Lottery industry is? Google it and you will be amazed Smiley

Ok, but what makes this coin so different from Tickets or Casinocoin for example. They could be used for lottery or am I wrong?

and also not to mention the 1million daily superblocks that will keep miners mining!

But this is a feature for miners and I'm thinking about people that buy the coin and want to use it.
So the coin by itself has no value if there is nothing to be done with it.
Why will I trade the coin in a market if this coin is only enjoyable for those who mine


Well its all about that niche, right? This coins purpose is Lottery and Lottery alone. When you think about casino you dont think Lottery. And as for Tickets, it could probably be more than it is today, if it wanted to. That is why we can really take a big place on the market!
full member
Activity: 126
Merit: 100
December 20, 2013, 10:56:00 PM

But this is a feature for miners and I'm thinking about people that buy the coin and want to use it.
So the coin by itself has no value if there is nothing to be done with it.
Why will I trade the coin in a market if this coin is only enjoyable for those who mine


The idea that people are buying of the any of these scrypt clone coins for any reason other than speculation is ridiculous. None of them really have a single use outside of perhaps a just-dice type of casino or a couple of websites written by the devs to generate interest. People will buy them to pump up the price and then sell for a profit. That's it. I promise you that nobody is buying worldcoin thinking it will be the defacto currency the world uses in 20 years (which is how bitcoin is being hyped).
sr. member
Activity: 336
Merit: 250
December 20, 2013, 10:50:18 PM
There should be more people like developers doing sites and all kind of stuff that accepts lottocoin, but in a professional way.
I'm trying to figure out what to do. I was thinking about a lottery, but someone already did it.
Anyway, I'm hoping it gets higher and higher

what you think it's the right price for LOT in the near future?

I would say around DOGES value right now, and increasing later on, since LOT has a lot of potential and a true purpose. In the coming days you should ATLEAST be able to sell 1million LOT for 1-2btc.


Could you tell me why it has a lot of pontential and what is that true purpose?


Well, is it not obvious?  Doge was made as a joke, a coin with no other purpose than being a meme. Memes die out sooner or later. Something that involves Lottery can live forever. You know how big the Lottery industry is? Google it and you will be amazed Smiley

Ok, but what makes this coin so different from Tickets or Casinocoin for example. They could be used for lottery or am I wrong?

and also not to mention the 1million daily superblocks that will keep miners mining!

But this is a feature for miners and I'm thinking about people that buy the coin and want to use it.
So the coin by itself has no value if there is nothing to be done with it.
Why will I trade the coin in a market if this coin is only enjoyable for those who mine
newbie
Activity: 11
Merit: 0
December 20, 2013, 10:46:00 PM
Damn cryptsy is dog sloooow tonight
sr. member
Activity: 616
Merit: 300
December 20, 2013, 10:43:52 PM
and also not to mention the 1million daily superblocks that will keep miners mining!
full member
Activity: 140
Merit: 100
December 20, 2013, 10:40:47 PM
There should be more people like developers doing sites and all kind of stuff that accepts lottocoin, but in a professional way.
I'm trying to figure out what to do. I was thinking about a lottery, but someone already did it.
Anyway, I'm hoping it gets higher and higher

what you think it's the right price for LOT in the near future?

I would say around DOGES value right now, and increasing later on, since LOT has a lot of potential and a true purpose. In the coming days you should ATLEAST be able to sell 1million LOT for 1-2btc.


Could you tell me why it has a lot of pontential and what is that true purpose?


Well, is it not obvious?  Doge was made as a joke, a coin with no other purpose than being a meme. Memes die out sooner or later. Something that involves Lottery can live forever. You know how big the Lottery industry is? Google it and you will be amazed Smiley
sr. member
Activity: 336
Merit: 250
December 20, 2013, 10:37:42 PM
There should be more people like developers doing sites and all kind of stuff that accepts lottocoin, but in a professional way.
I'm trying to figure out what to do. I was thinking about a lottery, but someone already did it.
Anyway, I'm hoping it gets higher and higher

what you think it's the right price for LOT in the near future?

I would say around DOGES value right now, and increasing later on, since LOT has a lot of potential and a true purpose. In the coming days you should ATLEAST be able to sell 1million LOT for 1-2btc.


Could you tell me why it has a lot of pontential and what is that true purpose?
member
Activity: 98
Merit: 10
https://bitcointalk.org/index.php?topic=434996.0
December 20, 2013, 10:37:06 PM
question are the network hash rates that are shown correct.

I rem a couple of days back pool hash rates were higher than network. so am unsure if its correct
full member
Activity: 140
Merit: 100
December 20, 2013, 10:35:31 PM
crpytsy is extra slow right now, maybe they are working on the site(aka..adding lottocoin)...

or maybe that is just how crpytsy is nowadays   Tongue

Im gonna say the first, they often want confirmation of another exchange adding a coin, well, now they have it. Soon we are rolling in money Smiley
full member
Activity: 182
Merit: 100
December 20, 2013, 10:34:21 PM
crpytsy is extra slow right now, maybe they are working on the site(aka..adding lottocoin)...

or maybe that is just how crpytsy is nowadays   Tongue
full member
Activity: 140
Merit: 100
December 20, 2013, 10:33:45 PM
what you think it's the right price for LOT in the near future?

I would say around DOGES value right now, and increasing later on, since LOT has a lot of potential and a true purpose. In the coming days you should ATLEAST be able to sell 1million LOT for 1-2btc.
newbie
Activity: 11
Merit: 0
December 20, 2013, 10:32:59 PM
fasten our seatbelts !!!!
sr. member
Activity: 406
Merit: 250
December 20, 2013, 10:31:45 PM
what you think it's the right price for LOT in the near future?

i would project in the short term 500k LOT/ 1BTC

Once this goes on Cryptsy, yes.
33x as hard to mine than Doge. (30k/block vs 1M/block)
Just make sure not to dump too low on Coinedup. You will regret it.
The best you could do is buy as much on CoinedUp right now while rates are still very low.

HOLD, don't DUMP. Buy as much on Coinedup. Price will rocket on Cryptsy!
hero member
Activity: 736
Merit: 500
December 20, 2013, 10:30:35 PM
what you think it's the right price for LOT in the near future?

i would project in the short term 500k LOT/ 1BTC

We'll see. Doge settled around 0.000001 after the multipools got a hold of it and shot the difficulty through the roof (although it spiked much higher than that for the first day or so). Lottocoin is produced at ~10-15% the rate of doge, so in theory it should be quite a bit more valuable but it also doesn't have the crazy hype that Doge got. You can be sure the people that just dumped 500k+ at 0.00000014 aren't going to be happy though.

yep
full member
Activity: 126
Merit: 100
December 20, 2013, 10:28:59 PM
what you think it's the right price for LOT in the near future?

i would project in the short term 500k LOT/ 1BTC

We'll see. Doge settled around 0.000001 after the multipools got a hold of it and shot the difficulty through the roof (although it spiked much higher than that for the first day or so). Lottocoin is produced at ~10-15% the rate of doge, so in theory it should be quite a bit more valuable but it also doesn't have the crazy hype that Doge got. You can be sure the people that just panicked and dumped 500k+ at 0.00000014 aren't going to be happy though.
sr. member
Activity: 616
Merit: 300
December 20, 2013, 10:20:50 PM
what you think it's the right price for LOT in the near future?

i would project in the short term 500k LOT/ 1BTC
sr. member
Activity: 336
Merit: 250
December 20, 2013, 10:19:23 PM
what you think it's the right price for LOT in the near future?
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