Hooligans Sportsbook

Bitcoin-based online gambling

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No. I've actually sold all my coins (minus my Casascius) and I'm leveraged for half of them at Bitfinex. Sold at $113. Buy orders are set at 91 and change.

Too many alt-coins. LTC seems like a solid bet but I think Gox has its hands full with the constant DDoS attacks. People have been holding them Litecoins for weeks in anticipation. I think Gox has no plans to add to their headaches in the near future. People will gradually dump their LTC's as they get impatient. IMOWally.
 
Yeah. Their business model doesn't seem to make sense. Why sell the things when their cost can be recouped in a couple months?

I don't think they're actually mining. I think they're a bunch of clever engineers with terrible business skills.

Those processors are designed entirely for mining Bitcoins. If they can engineer them, they should be able to figure out simple mathematics.
 
It's really easy. Any 15 year old on his moms computer can do it.

You acquire a botnet or create one.
You max out each bots reasources to make requests on the website.
Let it run for however long you can get away for.
Watch the panic sell off.
Buy at some point on the way to the bottom.
Sit back and watch the market come back with your new forced low price.

But I'm not the kind of person that does this shit :guitar: