Post
Topic
Board Pools (Altcoins)
Re: Luckycoin LKY
by
Aurum
on 04/12/2013, 14:24:28 UTC
Dear Multipool Miners,
I have sent an open letter to flound the operator of the multipool.
------------------------------------------------------------
Dear flound1129,
With this kind of trading on Cryptsy where orders are crossed for hours from 1 Satoshi and levels that force the multipool to push the coin to insane difficulty levels, I formally request the Luckycoin to be removed from the multipool.  Please comment in the community forum. luckycoinfoundation.org
Best regards,
Titan
Luckycoin Developer

Huh, "...from 1 Satoshi and levels..."  Huh  No idea what this means. Is a "Satoshi" a unit of measure?

So it sounds like LKY is just too wimpy for mining. Is it just a hobby shop project?

I'm in favor of eliminating LKY permanently and not just until Vern says Cryspy is ready to try again.

Of course, satoshis are the smallest bitcoin unit 0.00000001 BTC, for example LKY trades for 2900 satoshis per piece right now, or 0.00002900 ;-)

It's tragic that DCs ignored the Forex markets and quote prices upside down and backwards. Currencies should be quoted in terms of how many of the weaker currency it takes to buy the stronger currency. Instead of the amateurish 2900 satoshis the professional way to quote LKY would be 34,4882.76 LKY, knowing that if one had 34,4882.76 Luckys they could exchange them for 1 BitCoin.

0.00000001 BTC is correctly stated as 10 nanoBitCoin, or better yet as 10 nB.