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Author Bitcoin
A2H GO
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Registered: 14th Sep 04
Location: Stoke
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12th Dec 13 at 09:36   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by VrsTurbo
LTC seems to be best buying around 29.5ish then selling at 31ish as it seems to do that daily at the moment


I made an eBay app which shows the average sold price of the last 100 listings, here's 1 x lite coin as of 5 mins ago...




[Edited on 12-12-2013 by A2H GO]
VrsTurbo
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Registered: 8th Jun 10
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12th Dec 13 at 10:09   View Garage View User's Profile U2U Member Reply With Quote
quote:
Originally posted by A2H GO
quote:
Originally posted by VrsTurbo
LTC seems to be best buying around 29.5ish then selling at 31ish as it seems to do that daily at the moment


I made an eBay app which shows the average sold price of the last 100 listings, here's 1 x lite coin as of 5 mins ago...




[Edited on 12-12-2013 by A2H GO]


Im not buying/selling the actual LTC i'm doing the stock market
A2H GO
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12th Dec 13 at 10:34   View User's Profile U2U Member Reply With Quote


Can't imagine eBay being much good anyway after fees, plus the risk.
Dan
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Registered: 22nd Apr 02
Location: Gorleston on Sea, Norfolk
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12th Dec 13 at 20:28   View Garage View User's Profile U2U Member Reply With Quote
Just purchased another 5.3 coins, although these are shared between the euromilions syndicate players I run.

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Russ
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Registered: 14th Mar 04
Location: Armchair
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12th Dec 13 at 20:34   View User's Profile U2U Member Reply With Quote
cant believe you talked people into it haha
Cavey
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Registered: 11th Nov 02
Location: Derby
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12th Dec 13 at 20:39   View User's Profile U2U Member Reply With Quote
We've been donating £16 a month to charity so far Russ, so may as well try something different

And if it helps keep Dan off the streets, then that's another bonus

[Edited on 12-12-2013 by Cavey]
John
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Registered: 30th Jun 03
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12th Dec 13 at 20:44   View User's Profile U2U Member Reply With Quote
Probably better odds on the coins making a bit than there is on the euromillions.
Gary
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Location: West Yorkshire
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13th Dec 13 at 10:25   View Garage View User's Profile U2U Member Reply With Quote
Especially when people are willing to pay more than a tenner over current worth

http://www.ebay.co.uk/itm/1-Litecoin-1-00-LTC-Instant-payment-72h-auction-/111235856026?pt=UK_Coins_World_RL&hash=item19e62c769a
Dan
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16th Dec 13 at 17:45   View Garage View User's Profile U2U Member Reply With Quote
Looking rough today! Time to buy though!

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Gary
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16th Dec 13 at 20:48   View Garage View User's Profile U2U Member Reply With Quote
It's looked rough all weekend.

It'll pick up by wed/Thurs then die off again
Wrighty
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Registered: 28th Feb 04
Location: Howden
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16th Dec 13 at 22:00   View User's Profile U2U Member Reply With Quote
Who's actually mining which coins and how much are you making per day after electricity costs?

Seen quite a few people with AMD GPU equipment mining litecoins just now earning about 8 quid a day after electric costs
John
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Registered: 30th Jun 03
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16th Dec 13 at 22:05   View User's Profile U2U Member Reply With Quote
That's fine if you've already got the latest hardware because you are a gamer or whatever. It's if you have to go and buy 2/3/4 cards that you'll probably never make it back.
Gary
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16th Dec 13 at 22:39   View Garage View User's Profile U2U Member Reply With Quote
Ltc down to 23 dollars not so long ago. Downward spiral?
Wrighty
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16th Dec 13 at 22:45   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by John
That's fine if you've already got the latest hardware because you are a gamer or whatever. It's if you have to go and buy 2/3/4 cards that you'll probably never make it back.


can run a mining rig on a cheap as chips setup as for litecoins your GPU does all the work, people running 2 top range AMD GPU's are making like 40$ a day reading overclockers forums
Dom
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Registered: 13th Sep 03
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16th Dec 13 at 22:58   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by Wrighty
a cheap as chips setup as for litecoins your GPU does all the work


Depends what you define as 'cheap as chips'. Certainly wouldn't say a £200 graphics card is 'cheap as chips' though.
Wrighty
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17th Dec 13 at 00:40   View User's Profile U2U Member Reply With Quote
cpu/ram/mobo etc dont have to be anything special just your GPU (s) which need to be shit hot to make it worth while
Richie
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Location: Newport, Wales
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17th Dec 13 at 03:52   View User's Profile U2U Member Reply With Quote
BTC/LTC took a smashing overnight as China announced they've banned cryptocurrencies. LTC went down to $19 earlier.. back up to $23 now so anyone who bought is up 20% already.
Dan
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Registered: 22nd Apr 02
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17th Dec 13 at 07:01   View Garage View User's Profile U2U Member Reply With Quote
Mining isn't worth it unless u have massive amounts of cash to invest.

The difficulty rating is flying up fast. An affordable system ordered and put together now is not man enough by the time u have built it.

As for the crash. At $20 I wanted to buy millions!

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Dom
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Registered: 13th Sep 03
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17th Dec 13 at 13:57   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by Wrighty
cpu/ram/mobo etc dont have to be anything special just your GPU (s) which need to be shit hot to make it worth while


Again, it depends on your definition of 'cheap as chips'. Although if it were as simple and as cheap as you're suggesting then everyone and their dog would be mining; but it isn't.

As i said back on page 1, trading cryptocurrency is your best bet
Dan
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Registered: 22nd Apr 02
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17th Dec 13 at 17:51   View Garage View User's Profile U2U Member Reply With Quote
Day trading on plus500 is defo the way forward.

However, last night, my free £20 was reduced to £7 by the big drop in price. Hitting my maintenance margin and closing the trade :/

Long term, im sure buying a few, maybe £100s worth is probably a good risk. Get 5 for that money, and should they reach great heights In a few years, itll be a nice bonus.

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Dan
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Registered: 22nd Apr 02
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17th Dec 13 at 18:07   View Garage View User's Profile U2U Member Reply With Quote
Can anyone talk me through how to upgrade my litecoin wallet? Says theres an update available, but it looks a nightmare to me. www.litecoin.org/upgrade

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Dan
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17th Dec 13 at 18:46   View Garage View User's Profile U2U Member Reply With Quote
Sorted, if anyone needs any info on how to, give me a shout.

Also treated myself to another 2 coins for the long term bank, £32 for 2!

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Dan
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Registered: 22nd Apr 02
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18th Dec 13 at 12:53   View Garage View User's Profile U2U Member Reply With Quote
Can buy on bit bargain for 11 ATM.

If I can get some for £7 I'm gonna buy 20.

Anyone else diving in

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John
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18th Dec 13 at 12:54   View User's Profile U2U Member Reply With Quote
You could buy 20 and then they never increase in value now.
Dan
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Registered: 22nd Apr 02
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18th Dec 13 at 13:02   View Garage View User's Profile U2U Member Reply With Quote
I want to get a stash of them. I've got a good feeling about them.

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