Yeah don't sell because maybe we might want to buy all your coins lol

I think the price of litecoins in due for a large rally...

I suspected that for the first half of 2012. Didn't materialize to the extent I imagined...

For now you should be able to just soft-disable it by changing the "true" to "false" on line 498 of init.cpp:

if (GetBoolArg("-bip16", false))

Still not worth it.  If I was going to pay $9/month in electricity to mine $2.44 worth of LTC, then I just lost $6.56 for no good reason.  Instead, it would be much smarter to put that $9 into the coins themselves.  Then, at the end of the month, I have $9 worth of LTC, instead of $2.44 worth of LTC.

Mining at a loss makes no sense.  Buy instead of mine at that point.

Early bitcoin miners who were mining at a loss also could have had even larger stashes of BTC if they had bought instead of mined.

I can understand it from the novelty or hobby perspective, but from any other perspective, especially financial, it just doesn't make sense.

... and ... as I've mentioned in here before ... if you spent those $9 on buying LTC you would also be helping increase the price of LTC ...

Driving up the price in early days might not have always seemed a good idea though. As long as people thought coins were worthless, there was less mining competition. If people saw the coins actually being bought in quantity instead of merely mined in quantity, they might have realised duh these things might actually be worth something. So maybe at least early on it might be more in miners interest not to buy simple because buying might cause more people to get into mining.

Kind of seems like the longer you can chug along initially at low difficulty by not encouraging competition, the better?

I know for example that the people who have thrown some CPU power at GRouPcoin mining from time to time are quite happy that it has continued so long to slip under the radar, keeping its difficulty so low even CPUs can mine it effectively.

-MarkM-

Does exist any binary (.deb?) version yet? I'm apparently to retarded to compile it myself.