Tell you a sad news: LTC whole network operator 90G force a breakthrough!
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[quote name=“mmyhre” post=“44937” timestamp=“1387188697”]
Probably will FTC take a nose dive down, because there are no buyers a current levels. Campaigns are good, but get people and merchants involved by buying and selling. Investors are not needed as there are to many of them.As for buying.
If you belive FTC are going to 5-10 or 100 USD, then it really don`t matter. Just buy. But risky investment.
[/quote]If you can, I think the best thing for the network is to simply mine and help process transactions.
No merchant will accept a coin that takes hours to clear…
I’m not gonna sit around for 30mins to wait for my transaction to clear so I can drink my cuppa!
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[quote name=“Calem” post=“44938” timestamp=“1387188861”]
No merchant will accept a coin that takes hours to clear…I’m not gonna sit around for 30mins to wait for my transaction to clear so I can drink my cuppa!
[/quote]I think we’re ok there. Difficulty retargets REAL frequently to keep it at 2.5 minutes. Besides, there’s no need to wait for a confirmation assuming the transaction has appropriate miner fees.
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True that… Forgot about the fee… Though I didn’t realise that difficulty re-target time assisted in keeping transactions fast.
(It’s what I think is the major barrier for retail acceptance of crypto’s. You need that transaction to clear within seconds or a few minuets)
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[quote name=“Calem” post=“44938” timestamp=“1387188861”]
[quote author=mmyhre link=topic=6025.msg44937#msg44937 date=1387188697]
Probably will FTC take a nose dive down, because there are no buyers a current levels. Campaigns are good, but get people and merchants involved by buying and selling. Investors are not needed as there are to many of them.As for buying.
If you belive FTC are going to 5-10 or 100 USD, then it really don`t matter. Just buy. But risky investment.
[/quote]If you can, I think the best thing for the network is to simply mine and help process transactions.
No merchant will accept a coin that takes hours to clear…
I’m not gonna sit around for 30mins to wait for my transaction to clear so I can drink my cuppa!
[/quote]I am mining with what i have. Nothing much but about 1 mh
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Oh nice!
Kicks the butt outa my ~260khash/s!
Support the network and It will in turn, support you! =^-^=