Litecoins are exploding! - Page 3 - GoFuckYourself.com

MikeRoth · 04-05-2013, 04:30 AM

Quote:

Originally Posted by rowan

I did some calcs and figured that the OC 7770 that I just bought tonight will pay for itself within about a month. That's if LTC stays at its current value. May even be worth mining some BTC at its current value.

I don't think your calculation is going to be very accurate. The LTC mining difficulty is skyrocketing already. When I started on Monday the difficulty was 100 and I could do 3 LTC/day, It's currently 150 and I'm down to only 1.6 LTC/day now. The next difficulty is estimated to be ~250.

I don't know when the difficulty changes but it's jumping by 50% each time,

rowan · 04-05-2013, 04:31 AM

"Latest News

"Litecoin pools continue to suffer some DDoS, Ozcoin included, we are doing what we can"

Dirty F · 04-05-2013, 04:34 AM

Quote:

Originally Posted by Markul

yup. I think many pools were under heavy attack yesterday, dunno if it's related though.

So far i only made money off the crash...but it's risky

AllAboutCams · 04-05-2013, 05:20 AM

Quote:

Originally Posted by Dirty F

So far i only made money off the crash...but it's risky

Tell me about it i just lost half my coins

MikeRoth · 04-05-2013, 06:50 AM

be careful with keeping all your coins in one spot too. Would suck if btc-e deletes their page and runs off with all your coins. Happened to me with an online wallet service similar to instawallet,

Dirty F · 04-05-2013, 06:54 AM

Yeah well this litecoin thing is just like a little extra. It shit hits the fan it won't be a big deal for me.

MikeRoth · 04-05-2013, 06:58 AM

Since I'm mining and get free electricity it's pure profit for me. Doesn't mean it wont suck to lose it, I plan to spend it on buying traffic.

Dirty F · 04-05-2013, 06:59 AM

Quote:

Originally Posted by MikeRoth

Since I'm mining and get free electricity it's pure profit for me. Doesn't mean it wont suck to lose it, I plan to spend it on buying traffic.

True. But i highly doubt BTC-E will dissapear just like that.

Webmaster Advertising · 04-05-2013, 07:08 AM

Quote:

Originally Posted by MikeRoth

Since I'm mining and get free electricity it's pure profit for me.

In mom and dads basement still like most on GFY?

MikeRoth · 04-05-2013, 07:12 AM

Quote:

Originally Posted by Webmaster Advertising

In mom and dads basement still like most on GFY?

lol, no, Apartments in Washington DC have electricity included in rent since we pay $1,400 for a 300 square foot studio. That's why I'm on GFY, cause I'm broke from paying rent.

Webmaster Advertising · 04-05-2013, 07:14 AM

Quote:

Originally Posted by MikeRoth

lol, no, Apartments in Washington DC have electricity included in rent since we pay $1,400 for a 300 square foot studio. That's why I'm on GFY, cause I'm broke from paying rent.

Oh wow, I didn't know that, that's pretty sweet.

We're paying around $1200 month for rent (3 bedroom) and utilities run to around an additional $800.

Would love for our electric to be included, that's usually $400-500 a month right there lol

MikeRoth · 04-05-2013, 07:42 AM

All my utilities are included, It's nice not having to worry about using too much water, or too much electricity, or trying to save money by not running the A/C.

AllAboutCams · 04-05-2013, 07:47 AM

fuck i just lost 40 LTC

BlackCrayon · 04-05-2013, 07:53 AM

Quote:

Originally Posted by Webmaster Advertising

Oh wow, I didn't know that, that's pretty sweet.

We're paying around $1200 month for rent (3 bedroom) and utilities run to around an additional $800.

Would love for our electric to be included, that's usually $400-500 a month right there lol

wow, thats crazy expensive for electricity. do you heat with electricity? In my 4 bedroom townhome it only costs 150-170 every two months for electricity.

Webmaster Advertising · 04-05-2013, 07:56 AM

Quote:

Originally Posted by BlackCrayon

wow, thats crazy expensive for electricity. do you heat with electricity? In my 4 bedroom townhome it only costs 150-170 every two months for electricity.

Yeah everything is electric here, we looked at gas but its just to cost prohibitive where we live.

We in the market for a house right now and gas is one of the things we're looking for with whatever property we end up buying but there are very few options in nice neighborhoods that have gas available.

That electric basically keeps the house at a comfortable 68-72 temp wise, means we have hot water whenever we want it, also runs 3 laptops and 2 desktops 24/7 plus randomly 2 Xboxes, 2 hd tvs... Etc... I actually don't think we've ever had an electric bill under $300.

Markul · 04-05-2013, 07:58 AM

Quote:

Originally Posted by AllAboutCams

fuck i just lost 40 LTC

How/why?

MikeRoth · 04-05-2013, 08:00 AM

Find the LTC trading channel, sell near high, rebuy near low, profit. Yesterday was $4.20 to $4.

AllAboutCams · 04-05-2013, 08:22 AM

Quote:

Originally Posted by Markul

How/why?

because im a fucking idiot i sold low then it went up so i thought id buy then it went down again
i did the same thing last week and doubled my coins

CrocMint · 04-05-2013, 08:25 AM

Quote:

Originally Posted by mayabong

http://btc-e.com

Is it a good idea to buy anything from a site on domain registered with fake address and phone in Moscow?

MikeRoth · 04-05-2013, 08:26 AM

looks like ozcoin getting DDOSed today, ugh

AllAboutCams · 04-05-2013, 08:31 AM

im offering a 10LTC reward to increase my 7970 to 6-700H

A lot of people have been telling me different setting but none have come close still at 530 per card.

dyna mo · 04-05-2013, 08:51 AM

Quote:

Originally Posted by CrocMint

Is it a good idea to buy anything from a site on domain registered with fake address and phone in Moscow?

is any of this a good idea? no one knows atm!

Serge Litehead · 04-05-2013, 08:58 AM

Quote:

Originally Posted by CrocMint

Is it a good idea to buy anything from a site on domain registered with fake address and phone in Moscow?

at the very least don't store your stash there as you'd in a bank.

rowan · 04-05-2013, 05:53 PM

Quote:

Originally Posted by MikeRoth

I don't think your calculation is going to be very accurate. The LTC mining difficulty is skyrocketing already. When I started on Monday the difficulty was 100 and I could do 3 LTC/day, It's currently 150 and I'm down to only 1.6 LTC/day now. The next difficulty is estimated to be ~250.

I don't know when the difficulty changes but it's jumping by 50% each time,

Yeah, every man and his dog seems to be changing over to LTC. I looked at it myself because I read an article that said mtgox was "considering" adding LTC to their platform... but I can't seem to find much to corroborate that.

The last time I bought a GPU specifically for mining I pretty much broke even, at the time: covered the costs of electricity plus the loss reselling the card second hand. But I hadn't yet converted the BTC, so I lost interest, then rediscovered them when the price started going up. Even though I sold out too early, I did realise a tidy profit. I'm hoping similar happens with LTC.

hdkiller · 05-23-2013, 01:27 AM

I built my litecoin farm with 48 gpu.

Here are some pictures:

http://imgur.com/a/Y0BSm

Lukke · 05-23-2013, 02:37 AM

hdkiller: Wow, very impressive! I have litecoin rig just from 12 cards... I should buy more as I see. :D

seeandsee · 05-23-2013, 02:42 AM

and you make how much?

PornDiscounts-V · 05-23-2013, 02:49 AM

Price is going down as more are now flooding the market. Expect a bumpy ride.

k0nr4d · 05-23-2013, 02:54 AM

I'm done iwth these virtual currencies personally. I invested some $1000, made around an $80 profit but in all the time it took to get the money into mtgox, then "validate my iban" (1 week), and wire my money back to me (4 weeks) it's just not worth the time...

Feng-PD · 05-23-2013, 03:09 AM

Quote:

Originally Posted by k0nr4d

I'm done iwth these virtual currencies personally. I invested some $1000, made around an $80 profit but in all the time it took to get the money into mtgox, then "validate my iban" (1 week), and wire my money back to me (4 weeks) it's just not worth the time...

Stick to MB konrad :P

hdkiller · 05-24-2013, 11:43 PM

Quote:

Originally Posted by seeandsee

and you make how much?

42-50 LTC each day, so it's around $120-$150 per day

Hornydog4cooter · 05-25-2013, 01:03 AM

Selling 1000 PXC for 17 LTC if anyone is interested....

04-05-2013, 06:50 AM	#105
MikeRoth Confirmed User Industry Role: Join Date: Jan 2011 Location: Washington DC Posts: 361	be careful with keeping all your coins in one spot too. Would suck if btc-e deletes their page and runs off with all your coins. Happened to me with an online wallet service similar to instawallet, __________________ ICQ: 64995031

04-05-2013, 06:58 AM	#107
MikeRoth Confirmed User Industry Role: Join Date: Jan 2011 Location: Washington DC Posts: 361	Since I'm mining and get free electricity it's pure profit for me. Doesn't mean it wont suck to lose it, I plan to spend it on buying traffic. __________________ ICQ: 64995031

04-05-2013, 07:42 AM	#112
MikeRoth Confirmed User Industry Role: Join Date: Jan 2011 Location: Washington DC Posts: 361	All my utilities are included, It's nice not having to worry about using too much water, or too much electricity, or trying to save money by not running the A/C. __________________ ICQ: 64995031

04-05-2013, 07:47 AM	#113
AllAboutCams Femcams.com Industry Role: Join Date: Jul 2011 Location: bjcam.com Posts: 12,220	fuck i just lost 40 LTC __________________ Binance - Blockchain and Crypto Asset Exchange Chaturbate make money in cams

04-05-2013, 08:00 AM	#117
MikeRoth Confirmed User Industry Role: Join Date: Jan 2011 Location: Washington DC Posts: 361	Find the LTC trading channel, sell near high, rebuy near low, profit. Yesterday was $4.20 to $4. __________________ ICQ: 64995031

04-05-2013, 04:31 AM	#102
rowan Too lazy to set a custom title Join Date: Mar 2002 Location: Australia Posts: 17,393	"Latest News "Litecoin pools continue to suffer some DDoS, Ozcoin included, we are doing what we can"

04-05-2013, 06:54 AM	#106
Dirty F Too lazy to set a custom title Industry Role: Join Date: Jul 2001 Posts: 59,204	Yeah well this litecoin thing is just like a little extra. It shit hits the fan it won't be a big deal for me.

04-05-2013, 08:26 AM	#120
MikeRoth Confirmed User Industry Role: Join Date: Jan 2011 Location: Washington DC Posts: 361	looks like ozcoin getting DDOSed today, ugh __________________ ICQ: 64995031

04-05-2013, 08:31 AM	#121
AllAboutCams Femcams.com Industry Role: Join Date: Jul 2011 Location: bjcam.com Posts: 12,220	im offering a 10LTC reward to increase my 7970 to 6-700H A lot of people have been telling me different setting but none have come close still at 530 per card. __________________ Binance - Blockchain and Crypto Asset Exchange Chaturbate make money in cams

05-23-2013, 01:27 AM	#125
hdkiller Full time cybermage Industry Role: Join Date: Jun 2006 Location: Cyberspace Posts: 461	I built my litecoin farm with 48 gpu. Here are some pictures: http://imgur.com/a/Y0BSm

05-23-2013, 02:37 AM	#126
Lukke Confirmed User Industry Role: Join Date: Sep 2005 Location: Europe Posts: 746	hdkiller: Wow, very impressive! I have litecoin rig just from 12 cards... I should buy more as I see. :D

05-23-2013, 02:42 AM	#127
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	and you make how much? __________________ BUY MY SIG - 50$/Year Contact here

05-23-2013, 02:49 AM	#128
PornDiscounts-V Confirmed User Industry Role: Join Date: Oct 2003 Location: L.A. Posts: 5,744	Price is going down as more are now flooding the market. Expect a bumpy ride.

05-23-2013, 02:54 AM	#129
k0nr4d Confirmed User Industry Role: Join Date: Aug 2006 Location: Poland Posts: 9,228	I'm done iwth these virtual currencies personally. I invested some $1000, made around an $80 profit but in all the time it took to get the money into mtgox, then "validate my iban" (1 week), and wire my money back to me (4 weeks) it's just not worth the time... __________________ Mechanical Bunny Media Mechbunny Tube Script \| Mechbunny Webcam Aggregator Script \| Custom Web Development

05-25-2013, 01:03 AM	#132
Hornydog4cooter Confirmed User Join Date: Jan 2005 Posts: 2,859	Selling 1000 PXC for 17 LTC if anyone is interested....