High Frequency Flash Crash meets Bitcoin, Litecoin and Dogecoin shows Resilience: The case for altcoin?

Update: Doge gets a Moon Boost on direct USD and RMB exchange As is par for the course for headline reading momo algos on high frequency trading, it went haywire throwing the bitcoins out the window on the mtgox failures. This actually isn't unprecedented in bitcoin history, with mtgox having had a "hacking event" that sent bitcoins to mere cents, before being snapped up. Likely, existing hedge funds and momo traders already pitched camps in bitcoin due to the impressive volatility, of which many were saying had dropped…
Continue Reading »

MtGox continues descent, brings bitcoin exchange prices crashing down with it (500 usd mark) Transaction Malleability v Double Spending

You can see the sharp dump Litecoin survives and Dogecoin was previously rising but has gone back down Reddit discussions: Keep calm, transaction malleability is not double spending () submitted 53 minutes ago by malefizer It is well known since years and means only that you have a different transaction ID than your service is showing. At the end you should see the exit at your spending address an usual, only with another tx id. What does it: somebody on the network sees your tx and makes a…
Continue Reading »

Dec 12 Bitcoin Meetup Singapore, Asia

The Next Bitcoin Meetup is on 13th February Bartini,29 Boon Tat St 46 Club Street (place change) 12 Dec Bitcoin Meetup Singapore Haha this is long overdue, but there was a bitcoin meetup on Dec 12 last year. There was actually even a BBC film crew, but I don't think the footage they took made it to the news. Maybe it ends up in their stock footage. it took place at Mariko's, under a chain that also takes bitcoin at its other places I think. This was the…
Continue Reading »

$119 (USD) Sapphire Radeon R7 260x Amazon Gold Box Deal (20% off, 10 left)

Sapphire Radeon R7 260X 2GB GDDR5 HDMI/DVI-I/DP OC Version PCI-Express Graphics Card 11222-06-20G ^Affiliate link (if you don't want the referral link you can google it or go to their goldbox page) For if you are mining litecoins or dogecoins, this could be used for more casual mining (like gaming then mining on the side) or the 6x card rigs. The r7 260x is pretty much the 7790 dialed up slightly, so you would be seeing about 255 hash rates give or take. In usd terms, if you…
Continue Reading »

Charlie Lee Miami: Thinks China will crackdown Jan 31, Coinbase waiting for more litecoin exchanges before integration, concentrating bitcoin, says Wow. So Lite. Much Future

Says his brother has a lot on his plate. Doesn't look good on the China end. Says his brother would like to take litecoin, but currently have plate full with china problems with bitcoin Talks about coinbase, says they want to take on litecoin, but require more exchanges. Heartened that many exchanges taking, plus newer ones tend to too. Also coinbase currently concentrating on streamlining and improving existing bitcoin experience. Slide reads: Wow. So Lite. Much Future (a reference to doge)
Continue Reading »

Coindesk: Tigerdirect Top Seller Sapphire Radeon R9 280X VAPOR-X, now Out of Stock

(Amazon has the r7 260x in their golden box at 20% off) Haha, the Sapphire Radeon R9 280X VAPOR-X is the successor to the Sapphire Radeon HD 7950 VAPOR-X which I spammed for my mining rig. Looks like its getting wiped out too, probably increasing Sapphires profit lines. The other one would be MSI. AMD ATI share price actually went up for a while (for about 20% to 30% i think), before going back down. TigerDirect is off to a rolling start. (amazon also looks like its almost…
Continue Reading »

Dogecoin gets its bar joke! (and bitcoin and litecoin)

So bitcoin, litecoin, and dogecoin walk into a busy bar. Bitcoin says, "Drinks on me!" and gets in line at the bar. Litecoin says, "I'll get the next round" and sits down. Doge says nothing and comes back with the first round of drinks right away. Bitcoin and Litecoin ask, "How did you get the drinks so fast?" Dogecoin says, "Because I tip better than you two."   And within the thread itself, friendship is magic! So bitcoin, litecoin, and dogecoin walk into busy a bar. () submitted…
Continue Reading »

Singapore releases MONEYSENSE Advisory on Bitcoins, Features Litecoin, namecoin

Singapore has been quite active in its bitcoin advisory and guidance of late! (singapore bitcoin double taxation, IRAS on virtual currency, MAS) good to see litecoin being mentioned too! (they also mention namecoin, they also talk about cvcs such as liberty reserve) Virtual Currencies What are virtual currencies and their purposes? Virtual currencies (“VCs”) are non-physical stores of value that can be exchanged for goods and services at places that accept them. For instance, one may be able to use VCs as payment at online stores and even…
Continue Reading »

First Meta Switches to GoCoin for Bitcoin and Litecoin Payments (First Meta does game currencies)

Please Read: The Unethical Media Campaign against Autumn First Meta allows you to buy game currencies and virtual currencies with real money and bitcoin. I don't think they actually allowed cashing out in btc or buying btc, it was just a payment mechanism. Now it seems gocoin will do their payments solution for bitcoin and litecoin. FirstMeta has previously received funding from Plug and Play, as well as National Research Foundation (NRF, Singapore's initiative to improve the entrepreneurship scene) also on yahoo: SOURCE: GoCoin January 16, 2014 19:00…
Continue Reading »

Forbes: A $100 Worth Of Litecoin A Year Ago Is Worth $30,000 Today

I don't usually do disclosures, but for the sake of it, I do have litecoins, and I've recently gotten a mining rig (small addition). I must say that the great increase has greatly helped me in getting this site up and running, I might have had to throw in the towel earlier otherwise. I'm not a millionaire, I'm very very far from that, but like Charles Lee, ““I’m sure there are Litecoin millionaires out there,” says Lee, indicating he’s not one of them. I would have to say, they…
Continue Reading »
Litecoin: LLnSyo8rqbJng11b3whVUXSr6nWMtmT1zU
Bitcoin: 158MikZVM8yQviLcvxu1aahTysSxDUaePr