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Topic: [LTCD] LitecoinDark.com ★ Scrypt ★ Difficulty Shield ★ Multipool ★ Fast - page 234. (Read 368579 times)

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Activity: 168
Merit: 100
I'm still holding mine and will not sell.  This drop in price I'm just picking up 20k daily.  

Troll any word on when the Linux/Mac wallets will be updated?

I have my mac set up and ready to compile the osx client.  I want a more general purpose linux binary as the ones I've compiled have been coming from a 64 bit arch system, and it seems like the majority of users are running on debian wheezy (on which it is already difficult for the average user to get a compile going) and I'm thinking of releasing debs along with the flat binaries.

The first priority is fixing this overly complex build system to simplify the release cycle.

warning: opinion following
I really don't understand how the crypto community (majority) can just keep cloning bitcoin/litecoin sources and patching "features" into it.  The current build system works great for one or two projects, but when you've got hundreds of altcoins out there all with different library dependencies (all based on when they were forked from whatevercoin) it becomes a mess keeping up with all of it.  We have to fix this as in my opinion, it only serves to help keep this codebase an unmaintainable mess of largely undocumented disorganized code.


I bloody well told you guys you'd pissed off the gypsies.  7am in Romania now Sunday morning everyone's hung over and boss wants to know if they finished messing with those gadje.  Boss leaves, tap, tap, tap: dump, dump dump.  Call me FUD if you will, price is lowest now since Sept. 9th.  I guess it must be "weak hands", "the calm before the storm", "whales sucking up cheap coins". "a good buying opportunity". etc. Yes, of course it is one of those ... Go watch "Wolf of Wall Street" again and come up with more BS to explain where your money flew off to. Always one or two diots who will "hodl to the end". Titanic's captain was one of those.  That worked out well, didn't it?

And you've also surely read my statement on the matter.  TL;DR - People in this thread need to chill out, on both sides of the issue.  I never insulted anyone, nor did anyone on the team.  Some of our supporters surely did, but it isn't my place to apologize for them, and I will not.  They are as entitled to their opinions as you are, regardless of how furious it makes anyone else, but that does not excuse personal attacks from anyone.

That said, I stand by my statement that the price is irrelevant.  I'm not trying to make money here, so I couldn't care less if the price dropped to 1 satoshi.  I'm trying to write code that could potentially strengthen crypto as a whole.  While I don't agree with the majority of what you say, and have seen quite a bit of FUD from you in the past, I am seriously angry with the personal attacks that you have received and stand firm with you on that matter.

Basically this: I don't have to like you or what you say to respect you.  I just wish the entire community, on both sides, would drop the childishness and focus on what we're trying to accomplish here.
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Litecoindark Reddit Moderator
I Thought kids were suppose to be in bed and not on the net hmm
full member
Activity: 241
Merit: 100
Someone had said that the coin is tax free.  Well, the answer to that is in the USA it IS taxable ONLY when sold.
 
In the USA, the crypto coins fall under the jurisdiction of the IRS and FinCEN. 
FinCEN ruled that if you mine the coin and sell/use it for personal use (i.e. buy goods/services with the coin or via converted coin to usd) no license is needed.
All other types of xfers requires Money Transfer Business license (i.e. yu would be treated as a trader and would need to be licensed like exchanges are).

As for the IRS; income from the coin is taxable ONLY when it is sold and is treated like gambling income.

I've researched this as I am a  tax preparer.

I suspect the EU has similar laws.

LINKS please, to prove your point. Otherwise it means nothing...
(Site the specific IRS announcement or statutes, etc...)

Here are the links.

http://www.irs.gov/irb/2014-16_IRB/ar12.html
http://www.fincen.gov/news_room/rp/rulings/pdf/FIN-2014-R001.pdf
full member
Activity: 142
Merit: 100
I bloody well told you guys you'd pissed off the gypsies.  7am in Romania now Sunday morning everyone's hung over and boss wants to know if they finished messing with those gadje.  Boss leaves, tap, tap, tap: dump, dump dump.  Call me FUD if you will, price is lowest now since Sept. 9th.  I guess it must be "weak hands", "the calm before the storm", "whales sucking up cheap coins". "a good buying opportunity". etc. Yes, of course it is one of those ... Go watch "Wolf of Wall Street" again and come up with more BS to explain where your money flew off to. Always one or two diots who will "hodl to the end". Titanic's captain was one of those.  That worked out well, didn't it?
full member
Activity: 297
Merit: 100
I'm still holding mine and will not sell.  This drop in price I'm just picking up 20k daily. 

Troll any word on when the Linux/Mac wallets will be updated?
member
Activity: 98
Merit: 10
Litecoindark Reddit Moderator
Hi troll by fire whats up with the block explorer did I miss an announcement on it. some one asked earlier that's all thanks. Smiley
member
Activity: 98
Merit: 10
Litecoindark Reddit Moderator
bot out of LTCD

and for SkyValeey :

there is a rich list that can be used like an a block explorer :
the block explorer can be substitute with
this sistem :
http://www.richlist.eu/litecoindark/stats/walletaddress
and reports even the transaction correctly

not up to date lol my wallet has more in it then what it says lol
legendary
Activity: 1188
Merit: 1001
bot out of LTCD

and for SkyValeey :

there is a rich list that can be used like an a block explorer :
the block explorer can be substitute with
this sistem :
http://www.richlist.eu/litecoindark/stats/walletaddress
and reports even the transaction correctly
member
Activity: 98
Merit: 10
Litecoindark Reddit Moderator
just the bot eating up all that ltcd coin heck iam  not worried in the least lol . I have hands of stone I will not drop my coins at any price.  Grin why all the buying if its going to tank hmm think about it and watch.
full member
Activity: 168
Merit: 100
I'm getting ready to publish a few minor changes to the way the code is run and executed.  Nothing major and will not be a mandatory update.  Following that will be a redesign of the build system.

I would eventually like to get the software running and compiling directly from Eclipse-CDT with LLVM/CLANG and in Microsoft Visual Studio.  I'm going to be stripping out dependency on boost for one, and in the end hopefully building the wallet should not require reading through page after page of documentation nor chasing proper dependency revisions for each and every external library.

As much as mingw offers for cross compiling the software, and while I believe it should /always/ be an option, I hate being forced to use it to compile working binaries cross platform.

Once the build system is set up, I plan to implement the staking wallet's capabilities into block generation and can begin working on it.  The idea is that staked coins should not drop in and out of circulation from directly within the LTCD wallet, but if you wish to stake instead of mining (or in addition to mining) you will send the coins from your main wallet into a separate savings wallet (working as a daemon or service running locally) which communicates via RPC to a GUI client (likely not written in QT).

Following one of many unix philosophies, a program or application should strive to do one thing, and do it well, as opposed to bloating with features that many will never use.  Keeping things modular is one step closer to the 2nd gen design which I am striving to implement atop the LTCD blockchain.

With that said, the price is irrelevant for now.  The market is fickle, and you'll see ups as well as down, and this is not and should not be a strictly short term investment.  As long as the coin is down, see it as a time to increase your holdings, or see it as a warning sign to drop what you're holding.  -- In the end, it won't matter, as we're not building yet another clone, even though in its current state, this is exactly what we have.  Instead see our original launch as a means of distributing the coin amongst early investors.
full member
Activity: 130
Merit: 100
Always trying to learn more.
JUST 1.5 BTC to get us back above 1050!!  Then set a BUY wall just below that... Kiss Kiss Kiss Kiss
I have invested alot, but if a Multipool that mines sha256d, scrypt, x11, x13,  and payout in LTCD or PoS does not kick in, the coin is just going to keep dropping. I hate to say this as I too is invested, but in the next couple of days the floor is going to be 800sat, and by the end of next week it will be 500sat or less. We have to have features that keeps the user to hold or buy coin. I know some is not worried about the price, but you dont want to lose the Community hope in the coin by letting it bottom out to 0sat. The coin is dropping really fast and there is no gains.

very true. you lose the "day traders" and all interests, and  LTCD turns into mooncoin. i imagine the multi-pool might take awhile to code though.
legendary
Activity: 1188
Merit: 1001
thank for the dump i needed
sr. member
Activity: 350
Merit: 251
JUST 1.5 BTC to get us back above 1050!!  Then set a BUY wall just below that... Kiss Kiss Kiss Kiss
I have invested alot, but if a Multipool that mines sha256d, scrypt, x11, x13,  and payout in LTCD or PoS does not kick in, the coin is just going to keep dropping. I hate to say this as I too is invested, but in the next couple of days the floor is going to be 800sat, and by the end of next week it will be 500sat or less. We have to have features that keeps the user to hold or buy coin. I know some is not worried about the price, but you dont want to lose the Community hope in the coin by letting it bottom out to 0sat. The coin is dropping really fast and there is no gains.
full member
Activity: 130
Merit: 100
Always trying to learn more.
I can't understand why people keep quoting and talking about the stupid FUD. Just focus on the coin and what we need to do rather then feeding into fud
soo... what can we help you guys with? I myself am a programmer (C# focus) and graphic artist. would be happy to lend my hand to whatever you need. (and im sure many others can too)
full member
Activity: 130
Merit: 100
Always trying to learn more.
I can't understand why people keep quoting and talking about the stupid FUD. Just focus on the coin and what we need to do rather then feeding into fud
sr. member
Activity: 1498
Merit: 326
20BET - Premium Casino & Sportsbook
Someone had said that the coin is tax free.  Well, the answer to that is in the USA it IS taxable ONLY when sold.
 
In the USA, the crypto coins fall under the jurisdiction of the IRS and FinCEN. 
FinCEN ruled that if you mine the coin and sell/use it for personal use (i.e. buy goods/services with the coin or via converted coin to usd) no license is needed.
All other types of xfers requires Money Transfer Business license (i.e. yu would be treated as a trader and would need to be licensed like exchanges are).

As for the IRS; income from the coin is taxable ONLY when it is sold and is treated like gambling income.

I've researched this as I am a  tax preparer.

I suspect the EU has similar laws.

LINKS please, to prove your point. Otherwise it means nothing...
(Site the specific IRS announcement or statutes, etc...)

Everything that guy said is absolutely false.

The US Congress ruled cryptocurrencies to be property

Thus any money made from the sale is capital gains

And in Romania and points east crypto isn't even on the legislative horizon.  BTC is supposedly illegal in Russia but so is sexy underwear and homosexuality ...
full member
Activity: 297
Merit: 100
*Shiny Object* --> don't miss a chance to be diverted, or to comment. Most helpful, be sure to quote.
full member
Activity: 137
Merit: 100
Someone had said that the coin is tax free.  Well, the answer to that is in the USA it IS taxable ONLY when sold.
 
In the USA, the crypto coins fall under the jurisdiction of the IRS and FinCEN. 
FinCEN ruled that if you mine the coin and sell/use it for personal use (i.e. buy goods/services with the coin or via converted coin to usd) no license is needed.
All other types of xfers requires Money Transfer Business license (i.e. yu would be treated as a trader and would need to be licensed like exchanges are).

As for the IRS; income from the coin is taxable ONLY when it is sold and is treated like gambling income.

I've researched this as I am a  tax preparer.

I suspect the EU has similar laws.

LINKS please, to prove your point. Otherwise it means nothing...
(Site the specific IRS announcement or statutes, etc...)

Everything that guy said is absolutely false.

The US Congress ruled cryptocurrencies to be property

Thus any money made from the sale is capital gains
full member
Activity: 196
Merit: 100
JUST 1.5 BTC to get us back above 1050!!  Then set a BUY wall just below that... Kiss Kiss Kiss Kiss
full member
Activity: 196
Merit: 100
Frikin EVIL-WHALES are dumping our coin right now...wtf?? Need some GOOD-WHALE support!! Undecided Undecided Undecided Undecided
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