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Author Bitcoin
Dan
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9th Dec 13 at 20:40   View Garage View User's Profile U2U Member Reply With Quote
Yea, but the parts needed cost fortunes. like the 7990 gpus, which u need about 4 of to mine ltc now and get a decent return.

Next thing im noticing, btc value has sat pretty level for a few hours, the charts look pretty similar to last night. Another reason I expect it to shoot up when china wakes up in a few hours.

We shall see!! Wish I had more coins!!

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Gary
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9th Dec 13 at 22:02   View Garage View User's Profile U2U Member Reply With Quote
How much have you got? Just the one?
Dan
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9th Dec 13 at 22:15   View Garage View User's Profile U2U Member Reply With Quote
Yea. I'd like to get a fair few eventually.

Gonna buy some more soon I think. Just get all the Xmas stuff out the way!

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Gary
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9th Dec 13 at 22:32   View Garage View User's Profile U2U Member Reply With Quote
It's addictive. Btc-e charge 0.1ltc to withdraw from their wallet. So technically I only had 3.9 ltc. Wasn't happy with that so bought another. Paid a few quid less for that one too which is annoying.
Dan
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9th Dec 13 at 22:41   View Garage View User's Profile U2U Member Reply With Quote
Get them in a proper litecoin wallet

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John
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9th Dec 13 at 22:43   View User's Profile U2U Member Reply With Quote
Have you just got yours in the litecoin app locally or somewhere else?
Gary
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9th Dec 13 at 22:46   View Garage View User's Profile U2U Member Reply With Quote
Both. Litecoin app played up at first.

They all have their pros and cons though.

Btc-e charge for withdrawal which I can't get around now, mobile wallet is fucked if yo loose phone and official litecoin wallet is a little unstable and if your pc Fucks without backup your screwed.

Backed up official wallet seems the best option.
Brett
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9th Dec 13 at 22:57   View Garage View User's Profile U2U Member Reply With Quote
Thought a paper wallet was best (safest)?

[Edited on 09-12-2013 by Brett]
Gary
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9th Dec 13 at 23:01   View Garage View User's Profile U2U Member Reply With Quote
Still not without risk.

Jumped on the wagon yet Brett?
Doug
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9th Dec 13 at 23:16   View User's Profile U2U Member Reply With Quote
quote:
Originally posted by Gary
Noticed this from the other Bitcon thread from earlier on this year.

quote:
Originally posted by Doug
I have 0.66 bit coins that I want to sell. Anyone want to give me some cash on paypal for them?


Wonder if Doug still have them? Worth a few hundred quid there now!


Yeah made a few hundred on them

Cashed them out to amazon gift cards, going to pick up an iPad Mini after Christmas
Dan
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10th Dec 13 at 05:58   View Garage View User's Profile U2U Member Reply With Quote
Another good rise to 920 overnight for bit coin and a 10% rise to 33 For lite coin.

Good stuff!!

I'm getting tempted to buy some quark coin. Anyone know much about them. They are very cheap and everyone raving about them

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Brett
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10th Dec 13 at 09:52   View Garage View User's Profile U2U Member Reply With Quote
quote:
Originally posted by Gary
Jumped on the wagon yet Brett?

Na, but I thought it'd make a cool nerdy Christmas gift to give someone 1LTC in a paper wallet.
Dan
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10th Dec 13 at 09:53   View Garage View User's Profile U2U Member Reply With Quote
What's the score with paper wallets?

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Gary
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10th Dec 13 at 10:25   View Garage View User's Profile U2U Member Reply With Quote
Just a but of paper with some codes on from the looks of it
Paul_J
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10th Dec 13 at 10:32   View User's Profile U2U Member Reply With Quote
Dan do you want to buy some Beanie Babies or Tulip bulbs?
Doug
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10th Dec 13 at 11:18   View User's Profile U2U Member Reply With Quote
Anyone able to give me a beginners guide to buying litecoins?

Can I paypal anyone trustworthy on here for them to transfer me some?
Rob_Quads
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10th Dec 13 at 11:47   View User's Profile U2U Member Reply With Quote
Where are people storing thier Litecoins? you using an online wallet?
Brett
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10th Dec 13 at 12:22   View Garage View User's Profile U2U Member Reply With Quote
quote:
Originally posted by Gary
Still not without risk.

Only risky if someone gets your paper? Safer than any online wallet? These online wallets have zero repercussions for losing your money.


[Edited on 10-12-2013 by Brett]
John
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10th Dec 13 at 12:53   View User's Profile U2U Member Reply With Quote
What's the downfall of locally as long as you keep a backup of the wallet?
Brett
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10th Dec 13 at 13:03   View Garage View User's Profile U2U Member Reply With Quote
Nothing as long as the machine is offline
John
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10th Dec 13 at 13:09   View User's Profile U2U Member Reply With Quote
Is there some attack vector through the litecoin wallet or just general normal computers with a trojan?

If it's possible for them to attack just because it's online, that's rubbish.
Brett
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10th Dec 13 at 13:14   View Garage View User's Profile U2U Member Reply With Quote
Well I meant from a completely secure aspect, but yeah stolen by any usual means, trojan, etc. I guess. Only say it because these online wallets have been done over a few times and there's literally no come back. I'd rather I was my own gatekeeper so to speak.

[Edited on 10-12-2013 by Brett]
John
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10th Dec 13 at 13:37   View User's Profile U2U Member Reply With Quote
You get hardware dongle wallets, maybe that would be a good solution.
Gary
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10th Dec 13 at 13:41   View Garage View User's Profile U2U Member Reply With Quote
quote:
Originally posted by Brett
quote:
Originally posted by Gary
Still not without risk.

Only risky if someone gets your paper? Safer than any online wallet? These online wallets have zero repercussions for losing your money.


[Edited on 10-12-2013 by Brett]


Yeah fair point. I've not looked into it much tbh.
Rob_Quads
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10th Dec 13 at 13:49   View User's Profile U2U Member Reply With Quote
If you don't trade often could you not backup your local litecoin wallet and then encrypt the backup and then remove the wallet from the system.

That way even if it was hacked the only way to get to it was via an encrypted version

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