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Showing 6 of 6 results by Therence
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Board Beginners & Help
Re: Please explain this to a total newbie
by
Therence
on 05/05/2013, 10:17:57 UTC
Bitcoins are extremely divisible! i.e. 3.2345645645 BTC is a real figure that can exist! It depends on the total amount owed, but personally I'd probably prefer payment in BTC Smiley

Most of the trades below 1.0 will be far less interesting due to validation, it needs 0.1 (10%!) to get validated in a less-than-year time, for small transaction it's not interesting.

Even ripple which is meant to be able to easily do small trades, usually gateways will refuse trades which are too small, sadly.
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Topic
Board Beginners & Help
Re: ok question of the hour....
by
Therence
on 05/05/2013, 10:14:26 UTC
and it produces like 0.6 LTC per day (with a pool), which last week was like $4/LTC which means $1.4 pure benefit per day... just a little something
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Topic
Board Beginners & Help
Re: ok question of the hour....
by
Therence
on 05/05/2013, 10:12:26 UTC
I use an APC Back-UPS to know how much my PC eats power, with a full mining Litecoin(not bitcoin) GPU with ATI 5870, I'm at 350kH/s with cgminer (not bitcoin with Mh/s) and it says I eat up 320W and it seems to cost like €0.75 per day.
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Topic
Board Beginners & Help
Re: when to buy, NOW
by
Therence
on 05/05/2013, 10:08:07 UTC
with gox getting X amount of new accounts daily, with the other exchanges adding new members daily, new exchanges popping up daily, Bitcoin has a really good chance at a very long uptrend. I definately can see it at 300-350 by years end.

They are being flooded by too many new accounts, the waiting line to be validated is like 15000 when you create the account, and it really takes nearly 2 weeks to get validated...
They can have many new accounts (just to give an eye) but only a part of them will really trade on the market, and they're delayed due to the validation process...
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Topic
Board Beginners & Help
Topic OP
What about a trust metric to identify people of trust in the ripple network
by
Therence
on 05/05/2013, 10:02:38 UTC
I once read a paper on Advogato trust metrics and I think this could be useful as a complement in order to help identify people of trust in the ripple network.

http://www.advogato.org/trust-metric.html

This can especially help in the case a new gateway appears !
Or someone offering service like a gateway but not enough reputation to start up

what do you think ?
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Topic
Board Beginners & Help
Topic OP
Do you think LTC worth more than BTC ?
by
Therence
on 05/05/2013, 09:35:09 UTC

I have been mining LTC for some weeks, and I think it has better protection against massive generation like asics or multiple gpus, do you think it's better to mine btc with a pool or ltc ?

Thanks