While most altcoins are getting slaughtered, LTC shines propelled higher by Litepay and a new fork. Bitcoin continues its gains as well but stopped short of a new rally. Bitcoin Higher but Stops Short of New Rally Bitcoin prices traded even higher si...
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Forum Posts
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Re: income LTBcoin a week
@goefells This week my rewards went hellishly down :/
maybe you are not active diforum
I have been less so this week, but the amount received compared to the previous weeks were much lower.
Posted on August 25, 2014 at 10:57 PM
LTBcoin Talk -
Re: income LTBcoin a week
This week my rewards went hellishly down :/
Posted on August 25, 2014 at 10:46 PM
LTBcoin Talk -
Re: Bitcoin is falling down
If only I could buy some BTC cheaply. Our local exchange(Not dollar based) only has sell orders which are equal to BTC prices closer to $600...sigh.
Posted on August 14, 2014 at 2:13 PM
LTBcoin Talk -
Re: PETAMINE.XCP - Mine bitcoin with your counterwallet! [Vote Complete]
Thanks for the 1 PETAMINE. Question: If I were to buy 0.2BTC worth, what would, in your opinion, be the average time to accrue enough XBTC payout to achiever ROI?
Posted on August 14, 2014 at 12:35 AM
Metacoin Central -
Re: AUCTION VENDING MACHINES ARE NOW OPERATIONAL
Can someone enlighten me as to the uses of sponsorships and LTBc? Potential advertisers/sponsors buy spots on LTB show with LTBc correct?
Auctioning those spots is essentially the same thing?
Posted on August 11, 2014 at 11:25 PM
Currently Live Auctions -
Re: What's Your Favourite Way to Earn Bitcoin??
I do everything and anything really :). Trading when the market is right, buying some, mining alt coins and speculating with them.
Posted on August 9, 2014 at 2:38 PM
General -
Re: Richard Boase and his Kenya Experiance
I found it interesting Richard Boase downplaying Bitcoin's potential for the remittance market, as this has been one of the rallying points of Andreas Antonopoulos, to bring fair money transfer to the "other 6 billion". Maybe we have been completely blind to the realities of developing countries? Why educate about the brilliance of blockchain, security, or the low transaction fees of Bitcoin, when the end-user is more in need of a clock?
But then again, the developers and users of Bitcoin shouldn't get bogged down with obstacles and issues that exist in developing countries right now. Just because there may be a lack of infrastructure, knowledge, education etc involving a particular technology at this moment, in a few years time those obstacles will most likely have been diminished, if not completely disappeared. The "digital divide" between Western industrialized countries and developing countries is not much different than the digital divide between a few decades within let's say the E.U. or the U.S. Just because the divide is/was there, doesn't mean that the divide will prevent adoption of a particular technology, just delay it by some years. But without the push from industrialized countries for the bleeding edge tech, the trickle down of said tech to developing nations would not exist (take current high-end phone devel resulting in quite capable phones on the low end, marketed to developing nations).
I remember a story from middle-school, told by an aid worker who had just come back from a mission in Africa. The mission was to provide equipment for local villagers, including outboard motors for the fishing boats. What did the fishermen end up doing with the brand new outboard motors? They used them as boat anchors. Now, do you think they are still using them as anchors? Of course not. So, while the adoption of current bleeding edge tech like Bitcoin may fall in to deaf ears in developing countries, and seem like a waste, we must keep the ball rolling. Eventually it will find its way to where its most needed, even if it'll take years to make the trek.
I definitely see what you are saying, but I must ask that Time by itself cannot be seen a lubricant for acceptance- the Diffusion of Innovations adoption curve cannot be simply applied to an African context for one reason: Advancement in Developing countries is not as quick as developed countries. The bonus of being developed means that as a country you can develop faster and faster, essentially leaving the developing countries further and further behind. Trickle down technology has the nasty affect of putting obsolescent technology(because it is cheaper) in the hands of a developing county's people. Just look at the generic android tab mentioned in the podcast- this is, although massive leap for people who have never used one, quite simply not even considered by those in developed countries to be able to use and spend bitcoin. As much as we can throw technological bones at developing countries, I can assume that the business of technology development wont wait for the society, culture, politics, trade, wars and any other issues relating to a 3rd worlds technological adoption of a technology; they will simply advance at a much faster rate than the developing countries can, because they can. Time, and a regular adoption curve, wont solve this issue I'm afraid.
Posted on August 6, 2014 at 9:49 AM
Listener Lounge -
Re: What are you invested in?
Have a cold wallet filled with some LTC. Currently just trading among different Alts, like Vertcoin or Viacoin.
Posted on August 5, 2014 at 9:22 AM
General -
Re: Right time to buy in some Bitcoin
Just waiting on October/November....
Posted on August 3, 2014 at 10:37 PM
Market Speculation -
Re: Questions/Topics for todays session (Andreas/JeffreyTucker/Adam)
Any comment on any other Alt coin that you feel captures something unique in the cryptocurrency space? Besides LTBcoin obviously :P
Posted on August 1, 2014 at 8:05 AM
Listener Lounge





