Koolio lost a bunch of his LTC by his statements below and was even BEGGING for people to stop buying. LOLLook at what Koolio had to say yesterday on BTC-E chat(bolded most of it):
dstruct2k: dexydex, if you don't find what you need in the next hour or two, send me a PM, i'll help you out when i get home from work
Ismael: YES
Simran:
dexydex: thanks
lvt:
lvt: no dragon dildos
lvt: Ismael tell em
Ismael: dragon dildos, gotcha
Simplyfun: he was seriously owunded by the last one
Simplyfun: wounded*
log: uma bro me real gangstahttps://sphotos-b.xx.fbcdn.net/hphotos-snc7/397361_499379116741524_1881464498_n.jpg
bettor: dstruct2k, hey, when you do that, a webpage or instructions how I can make a page would kick ass for the next ones who come along...
Simran: trill OG shit
Simplyfun: looks like a north Korean dictator
Simran: yeah cause my eyes were low for a reason
lvt: gaise, brb Korea
log:https://is0.4sqi.net/userpix/KFLNFQ5MW4RA30AL.jpg wear sunglasses
Simran: log, I can't ya dumbass, I already wear precription glasses
Simran: just pls polis gon arrest u
log:http://topicstock.pantip.com/chalermkrung/topicstock/2012/05/C12140756/C12140756-0.jpg became chinese invade north korea!
log:https://is0.4sqi.net/userpix/KFLNFQ5MW4RA30AL.jpg cause he wear regular glasses bro!
lvt: log pls
koolio: simran stop buying dammitbettor: if you were thinking of buying at 0041, you're too late
Simran: I ain't buying shit
Simran: wtf?!?!?!?!?
koolio: simplefun is it youkoolio: simplyfunSimplyfun: Oui
koolio: please i beg u stop buying for a bit
koolio: u just lost me a hell of alot of coins with the move u just pulledlog:http://fc05.deviantart.net/fs71/f/2011/077/0/d/rwj_by_thraeofthedragons-d3by0h5.jpg dragon dildos yeah
Ismael: koolio, no, Simplyfun is in moose country, you can't wear sunglasses there
koolio: pleaselvt: koolio nope
koolio: i beg, theres no need for u
koolio: *ITlvt: log lol
bettor: beattest , get out of that koolio suit!
koolio: *IT
lvt: log lol
bettor: beattest , get out of that koolio suit!
Ismael: lol
Simplyfun: I need enough to crash the market later
zero3112: woo there goes litecoin
Ismael: doit simply
Ismael: you wont you wont
Simplyfun: I said later, now is not the right time
koolio: basically its fuckedlog: so you guys ready to trash n crash the market? time to sell ltc and buy btc soon than later
asdf1234: why?
Simplyfun: but yeah I'm slowing up, price has risen too fast
koolio: im really fed up, like im getting quite angry now cause u lot are buying with no consideration for others in the marketSmoovious: that's the free market for ya
koolio: the way things are going alot of people are going to loose when u crash it and just put people off ltcasdf1234: what do you mean koolio
koolio: its fucking stupid thats what it is
koolio: mindless buyingSimplyfun: LOL
koolio: supa did the same thing when he was here and he pissed alot of people offasdf1234: lmao
koolio: just let it do what it needs to do and if ur gna buy, buy within limits that the market is setting, dont just go out and do mindless buying
koolio: no lookSmoovious: leave a phone with your android so it can call you if something happens
koolio: ive got more than enough coins stashed not to carewaiakead3: Koolio then why are you talking?
koolio: but my point it with such a rapid price change ur making things like litecoinglobal not workSmoovious: then not care?
log: smoovious: dont worry he will get another chance while staying in at 0.0.42 lol :DDD
koolio: for example price on there are going to fallwaiakead3: If you don't care just be quiet =)
koolio: no but thats not the pointSimplyfun: koolio the market is rising without just me, I just need a another hundred thousand or so
log: pandaminer there was app for some pools didnt knwo the name try google play
PandaMiner: lol @ smoovious
Smoovious: it isn't our responsibility to make sure another site works or not
log: koolio: it make me rich who said its not working
koolio: and with constant pump n dumps it simply wont workPandaMiner: aig log
Smoovious: then stfu and let it work
PandaMiner: *aight log
koolio: basically gna make those who can pump n dump rich and fuck everyone elseSmoovious: trying to control it is certain to kill it
koolio: i can dump if i wish but i dont think purely for thatSmoovious: darwinism in action
Simplyfun: so do I or I would be considering launching that solar company for LTC investors, but it's wrong right now and I need more LTC depth than the market can offer
Simran: I don't buy LTC/BTC
dumping
Simran: $0.05 is minimal price
koolio: ltc should be worth much much lower
koolio: simran thats just stupidSimplyfun: whatever koolio if you think you can depress the price go for it, I 've done it in the past
Simran: no
koolio: WE dont set the priceSimran: LTC needs to go up
koolio: services, shops and those sorta things doSmoovious: why wouldn't we sell... if we know they're pump and dumping, of course we'd sell... so we can buy after the dumping part... DUHHH
Simran: koolio, where ya store?
koolio: simran the fact u think it does doesnt mean it needs tooLinkLad13: koolio, instead of mindless babbling about mindless buying your better off getting as many others into the market as possible to spread the wealth so no large pump and dumps can happen
koolio: what value does ltc have right nowPandaMiner: I can't find anything for litecoin in google play
xisalty: 5 cents ?
dstruct2k: koolio, find me at least 5 services/shops/"those sorta things" that use LTC
koolio: this is like fucking talking to dimwitsdstruct2k: PandaMiner, what pool are you on?
Simplyfun: Smoovius, feel free to sell, I'm not dumping for some time yet and I'm telling you teh price will naturally incline, the shift in miners says we are getting interest
Simran: I accept LTC
Ismael: I accept LTC
Smoovious: why do we have so many people around here who trade, without understanding the base concept of an open market to begin with?
Ismael: I'm busy making a new Simran pic, but I will return
lvt: dragondix4ltc.net
Simran: okay
koolio: it took franky1 telling me that a while ago to understand that physicsSimplyfun: koolio, if more of those are tied up availability decreases, price increases
Smoovious: LTC are worth exactly what people are willing to buy and sell it at...
dstruct2k: PandaMiner,http://www.litecoinpool.org/accountand put a checkmark on "Notify", it'll email you if that account stops mining.
dstruct2k: I know it's not what you were looking for, PandaMiner, but it's a start.
PandaMiner: ok, thanks dstruct2k
PandaMiner: Maybe i'll use this and just bookmark it:http://www.litecoinpool.org/api?format=html&api_key=
Smoovious: like, what would gold be worth, if there was only 1% of the people there is now, willing to buy it? the price would be MUCH MUCH lower
PandaMiner: with my own key of course
Simplyfun: But I see people still dumping thinking they buy in cheaper, be tough when they aren't released right away
log: lets ban profits!http://www.youtube.com/watch?v=07fTsF5BiSM
koolio: the price should be much much lower thats the pointSmoovious: no it shouldn't
koolio: simran stfudstruct2k: PandaMiner, the mobile link works nicely on Android
Smoovious: the price should be exactly where the buyers and sellers agree to trade it at
koolio: u have no idea what u are talking bout u childSimplyfun: It would be lower but some of NEED the damn coins for something else, get over it
koolio: no it shouldntdstruct2k: PandaMiner,http://www.litecoinpool.org/accountand put a checkmark on "Notify", it'll email you if that account stops mining.
dstruct2k: I know it's not what you were looking for, PandaMiner, but it's a start.
PandaMiner: ok, thanks dstruct2k
PandaMiner: Maybe i'll use this and just bookmark it:http://www.litecoinpool.org/api?format=html&api_key=
Smoovious: like, what would gold be worth, if there was only 1% of the people there is now, willing to buy it? the price would be MUCH MUCH lower
PandaMiner: with my own key of course
Simplyfun: But I see people still dumping thinking they buy in cheaper, be tough when they aren't released right away
log: lets ban profits!http://www.youtube.com/watch?v=07fTsF5BiSM
koolio: the price should be much much lower thats the pointSmoovious: no it shouldn't
Simran: koolio, no it shouldn't
dstruct2k: PandaMiner, that's a good start. Tryhttp://www.litecoinpool.org/mobile?api_key=
Simran: it needs to go higher
koolio: all thats happening is what happened to btc where it ballooned for no reason to $30 and loads of people lost out
koolio: simran stfudstruct2k: PandaMiner, the mobile link works nicely on Android
Smoovious: the price should be exactly where the buyers and sellers agree to trade it at
koolio: u have no idea what u are talking bout u childSimplyfun: It would be lower but some of NEED the damn coins for something else, get over it
koolio: no it shouldntSmoovious: of course it should
koolio: it should be based on services and shops
koolio: not what u and i think its worthSmoovious: yes it should
koolio: use ur logicwaiakead3: why are we arguing about the price?
Smoovious: be what we think it is worth
waiakead3: crying wont help
Simran: koolio, pls polis gon arrest u
Simplyfun: that's not how econmics works, perceived value is the value, that's why diamonds are expensive
koolio: fiat currency is not valued by usSimran: waiakead3, where's koolios shop?
koolio: hence this shudnt be eitherdstruct2k: koolio, any currency is only valued based on its apparent worth to the general population. Any one of us can open a shop, offer services, or be a consumer of those things. WE SET THE VALUE.
koolio: otherwise treating it like goldSmoovious: services and shops don't get to dictate what a unit of LTC is worth any more than they get to decide what a unit of USD is worth, or GBP, or AUD, or EUR, or JPY, etc
koolio: dont worry where my shop is i have other real lide business to take care ofwaiakead3: Simran? I dunno still waiting!
waiakead3:
Simran: waiakead3, aren't we all
koolio: we set the value through shops and products etc, not by buying, thats prospectingSmoovious: koolio: seriously... what country are you even from?
Simplyfun: unless you're on the buy side too and lying about it
log: real lide bussiness what real lide is?
Smoovious: we set the value through currency exchanges
Ismael: Smoovious, England I think?
Smoovious: and it is speculation... not prospecting... bitcoin/litecoin miners are prospecting
LinkLad13: Simplyfun, i think you got koolio there
Simran: koolio just wantz to buy cheap LTC
Smoovious: Ismael: ahh, that explains it
PandaMiner: dstruct2k, i just spent 1 minute typing in my key. whew. but it works.
log: buy cheap LTC to specualte?
Ismael: I want to buy cheap LTC too
Simran: koolio selling my LTC @ $0.10 wanna buy?
koolio: miners might on principle be prospecting, but in fact they are creating
log: or to buyhttps://www.litecoinglobal.com/security/ESECURITY-SA2
PandaMiner: it's cuz i'm going to a party, and i wanna try new stats
xisalty: Simran, yes
PandaMiner: i mean, parameters
koolio: thats like saying a car manufacturer is prospecting, when in fact they are creating value
lvt: xisalty, u missed it. I went to korea and back
koolio: twisted bullshit this is
vivit: buy my order!
Smoovious: koolio: since you think the price should be a lot lower, I'll buy 10,000 LTC from you in private sale, for 0.017 USD each... deal?
PandaMiner: it's cuz i'm going to a party, and i wanna try new stats
xisalty: Simran, yes
PandaMiner: i mean, parameters
koolio: thats like saying a car manufacturer is prospecting, when in fact they are creating value
lvt: xisalty, u missed it. I went to korea and back
koolio: twisted bullshit this is
vivit: buy my order!
Smoovious: koolio: since you think the price should be a lot lower, I'll buy 10,000 LTC from you in private sale, for 0.017 USD each... deal?
koolio: buy what order
xisalty: lvt, dammit
koolio: miners might on principle be prospecting, but in fact they are creating
log: or to buyhttps://www.litecoinglobal.com/security/ESECURITY-SA2
PandaMiner: it's cuz i'm going to a party, and i wanna try new stats
xisalty: Simran, yes
PandaMiner: i mean, parameters
koolio: thats like saying a car manufacturer is prospecting, when in fact they are creating value
lvt: xisalty, u missed it. I went to korea and back
koolio: twisted bullshit this is
vivit: buy my order!
Smoovious: koolio: since you think the price should be a lot lower, I'll buy 10,000 LTC from you in private sale, for 0.017 USD each... deal?
koolio: buy what order
xisalty: lvt, dammit
lvt:
xisalty:
waiakead3: if koolio dumps we shiould all buy lol
koolio: go on then smoov, u got that kinda money for me
vivit: 9118 ltc for 37.38 btc please
Simran: koolio, I'm selling it here
PandaMiner: i'm with smoovious
koolio: cause i have those coins
Simran: pls buy
Smoovious: its not a lot of money
PandaMiner: there's no dark pools here on BTCe?
Simplyfun: this is entirely amusing
Smoovious: nothing stopping you from selling off your LTC at the price you think it is really worth... so put yer LTC where yer mouth is or STFU
tecshare: btce code = dark trade
PandaMiner: i don't know how that works tecshare
koolio: yup only 500
koolio: not even that
Simran: just pls call the polis to arrest and staup him
vivit: he has the most?
neotrix: lol
koolio: i dont care for my own gain as what i can buy now isnt doing much to my overall total
Simplyfun: koolio has more LTC and by cold storaging them he is artificially limiting supply imo
koolio: but fact is
log: *popcorn* cryptodrama part 2
koolio: it shud be natural growth
Simran: koolio, then dump it
Simran: wit u waiting for?
Simran: *wut
tecshare: vlivk withdrawl
tecshare: under finances
koolio: people who know me on here for a while knowim not dumping for at least 2 years
tecshare: click*
xisalty: guys
xisalty: guys
xisalty: pls stahp
Simran: then pls stfu b4 polis arrest u
Simplyfun: so you want to profit later? no altruism there
xisalty:
lvt: gaise
Simran: staup :trl:
lvt: sekrit club face
dstruct2k: koolio, Then STFU about the next 2 hours/days/weeks
Simran: :lvt:
Simran:
Simplyfun: stop spreading FUD, LTC is fine the way it is, it's the only other crypto gaining any traction at all that I can see
log:
lvt: :lvt:
Ismael:
Simran: :lvt:
Ismael: Oh yeah, but you are all going to be jealous
Ismael: because Support is teaching me how to do the kitty gif for my birthday
lvt: it's :lvt: tiem
LinkLad13: ppcoin is taking off pretty well.....
Ismael: all of the sells are around $.05 and of substantial amounts
Ismael: and all of the buys @ $.0625 or whatever are .1 LTC or less
xisalty: lol
zeroquest: One time Ismael, seen that many times before. It doesn't account for the jump overall.
brunic: lol
Ismael: Not one time
Ismael: I see 4 of these cycles in the present trade history
bettor: oh yes, the old .1 @ 0525 trick
zeroquest: i see
bettor: 6*
Ismael: This could have been what caused the entire price rise
Ismael: Lol
zeroquest: if people buy at that amount, good for the guy doing it and for those holding out.
Ismael: But the theory that the price is up because people are investing LTC into LTCGlobal = no
Ismael: Unless they are investing .1 LTC at a time
Deprived: and all the bots rush in to fill the gap, getting ppl who dont look at depth to trade at wrong price lol
Ismael: Yep
zeroquest: it's up because people are buying. there's lots of reasons that could be happening. what matters is if it's up tomorrow or not.
zeroquest: speculation is just that.
Ismael: No, theres only one person buying
Ismael: unless there are 20 different people buying .1 LTC at a time
zeroquest: you know that how?
Deprived: yeah looks very much like one person doing all the buying
Carnth: HauntingShade pinned my topichttp://forum.litecoin.net/index.php/topic,685.0.html
Carnth:
Deprived: well, all the big buys
Ismael: ALL of the buys are .1 LTC with the exception of one 9 LTC buy
Ismael: which is still insignificant
zeroquest: it doesn't matter short-term. if you don't trust it, sell. if you do, buy.
thitha2907: i hope 2000 ltc will turn into 2000usd at the end of this year
zeroquest: if you're sitting on a stockpile and don't trust it, sell.
zeroquest: I see quite a few large buy orders in .048+. including a $500 10k ltc order.
Ismael: I'm just saying, I say with 90% certainty that the price will be back @ $.048 by tommorrow
zeroquest: the jump is real, if it'll hold or not... who knows.
DiCE1904: still need more market use for LTC
brunic: 10k ltc order for 50 btc is me
Ismael: I'm not one to make bets, but if I was, I'd put a 10k LTC bet that the price will be back down tomorrow
zeroquest: I see a $500 10.7k order LTC/USD
zeroquest: @ .0489
