|
Title: delete Post by: BitcoinEXpress on August 22, 2011, 02:49:17 AM delete
Title: Re: delete Post by: tacotime on August 22, 2011, 03:05:17 AM Just hold on until I finish mining the first 10,000 blocks of tacocoin. It has a revolutionary static difficulty of 1 for the first 10,000 blocks and 500 million for the remaining 200 blocks. Since it has such a high difficulty and such a low supply, tacocoin will be worth millions each in a few days! ECONOMICS
Title: Re: delete Post by: ElectricMucus on August 22, 2011, 03:15:15 AM yay! free BTC if you can edit a few lines of code ::)
Title: Re: delete Post by: evoorhees on August 22, 2011, 03:18:57 AM Where are these auxiliary currencies traded? I'd be interested to watch the price patterns in action, or see a chart of them as they bubbled and popped. Any good resources for this?
Title: Re: delete Post by: Phinnaeus Gage on August 22, 2011, 03:22:25 AM Just hold on until I finish mining the first 10,000 blocks of tacocoin. It has a revolutionary static difficulty of 1 for the first 10,000 blocks and 500 million for the remaining 200 blocks. Since it has such a high difficulty and such a low supply, tacocoin will be worth millions each in a few days! ECONOMICS I'm guessing "Diablo Miner" will the miner of choice??? Martin already tooled images to represent Diablo Miner and TacoCoin: http://farm7.static.flickr.com/6083/6068243372_eb432c9714_z.jpghttp://farm7.static.flickr.com/6190/6068263926_aefeaf86a3_z.jpg Title: Re: delete Post by: navigator on August 22, 2011, 03:29:14 AM DELETED for privacy
Title: Re: delete Post by: fcmatt on August 22, 2011, 03:32:13 AM I wasn't there during the first trades but someone must have only bought or sold a few at .49 BTC most likely to themselves. Do you even know what .49 would mean? It would mean I would have made over 100 BTC in the last 12 hours with only 2 cards. Even at .0014 and the current difficulty it's still about twice as profitable as bitcoin. IXcoin is at .001 and difficulty is 16384. That's nothing. IXcoin is worthless now. I'm sure solidcoin is not far behind and headed in that direction but as of now its definately more profitable than bitcoin. What I do not understand is: Who are the idiots trading btc for these stupidcoins? What does that say about a small part of the community who has btc in their possession? yikes. Title: Re: delete Post by: TheHumanatee on August 22, 2011, 03:41:22 AM the 0.49 trade was bought as a test of the new exchange
https://bitcointalk.org/index.php?topic=38453.msg471457#msg471457 Title: Re: delete Post by: JohnDoe on August 22, 2011, 05:00:36 AM I missed i0, but cleaned up with 600 BTC on Ixcoins. You made 600 BTC trading Ixcoins?!! Get the fuck out. Title: Re: delete Post by: drlatino999 on August 22, 2011, 05:26:25 AM I missed i0, but cleaned up with 600 BTC on Ixcoins. You made 600 BTC trading Ixcoins?!! Get the fuck out. Title: Re: delete Post by: smoothie on August 22, 2011, 05:26:32 AM SolidCoin traded at a high of .49 BTC, just a few hours later it's worth .0014 BTC Pretty much the same as I0coin and Ixcoin now. Just waiting for the next "Cryto Currency of the Week" DoubleC did that trade as a first test trade. He bought 1 Solidcoin. So i wouldn't use that as the high. Title: Re: delete Post by: smoothie on August 22, 2011, 05:34:04 AM I missed i0, but cleaned up with 600 BTC on Ixcoins. You made 600 BTC trading Ixcoins?!! Get the fuck out. Yeah and I made 222btc with ixcoins as well. This time around I made 30BTC in solidcoins today. :D Title: Re: delete Post by: becoin on August 22, 2011, 05:40:29 AM What I do not understand is: Who are the idiots trading btc for these stupidcoins? What I do not understand is: How can you tell a coin is stupid if it is virtually the same as the coin that is not stupid?Title: Re: delete Post by: ElectricMucus on August 22, 2011, 05:49:38 AM What I do not understand is: Who are the idiots trading btc for these stupidcoins? What I do not understand is: How can you tell a coin is stupid if it is virtually the same as the coin that is not stupid?Title: Re: delete Post by: caston on August 22, 2011, 05:51:21 AM It is like trading gold for rocks. If enough idiots want to trade gold for rocks then its more profitable to mine rocks.
Title: Re: delete Post by: smoothie on August 22, 2011, 05:56:59 AM It is like trading gold for rocks. If enough idiots want to trade gold for rocks then its more profitable to mine rocks. LOL...i like that analogy! :D Title: Re: delete Post by: joulesbeef on August 22, 2011, 06:02:51 AM ixcoin is winning right now at 0.001
i0coin is dead at 0.0003 solidcoin at 0.0009 wow they all imploded it was fun while it lasted Title: Re: delete Post by: smoothie on August 22, 2011, 06:04:53 AM ixcoin is winning right now at 0.001 i0coin is dead at 0.0003 solidcoin at 0.0009 wow they all imploded it was fun while it lasted LOL they all took a nose dive really quickly lol. Title: Re: delete Post by: caston on August 22, 2011, 06:08:58 AM I learned some neat day trading tricks and dynamics with the solidcoin float though.
Title: Re: delete Post by: Crs on August 22, 2011, 06:09:24 AM I wasn't there during the first trades but someone must have only bought or sold a few at .49 BTC most likely to themselves. Do you even know what .49 would mean? It would mean I would have made over 100 BTC in the last 12 hours with only 2 cards. Even at .0014 and the current difficulty it's still about twice as profitable as bitcoin. IXcoin is at .001 and difficulty is 16384. That's nothing. IXcoin is worthless now. I'm sure solidcoin is not far behind and headed in that direction but as of now its definately more profitable than bitcoin. What I do not understand is: Who are the idiots trading btc for these stupidcoins? What does that say about a small part of the community who has btc in their possession? yikes. Cheers! Title: Re: delete Post by: ThomasV on August 22, 2011, 06:21:50 AM What I do not understand is: Who are the idiots trading btc for these stupidcoins? What I do not understand is: How can you tell a coin is stupid if it is virtually the same as the coin that is not stupid?Title: Re: delete Post by: becoin on August 22, 2011, 06:22:04 AM What I do not understand is: Who are the idiots trading btc for these stupidcoins? What I do not understand is: How can you tell a coin is stupid if it is virtually the same as the coin that is not stupid?Title: Re: delete Post by: becoin on August 22, 2011, 06:24:32 AM It is like trading gold for rocks. If enough idiots want to trade gold for rocks then its more profitable to mine rocks. If bitcoin is imitating gold then what is it like trading gold for bitcoins?Title: Re: delete Post by: ThomasV on August 22, 2011, 06:26:34 AM If bitcoin is imitating gold then what is it like trading gold for bitcoins? bitcoin is different from gold.ixcoin et al are not different from bitcoin http://images.memegenerator.net/instances/500x/9455218.jpg Title: Re: delete Post by: julz on August 22, 2011, 06:34:51 AM If bitcoin is imitating gold then what is it like trading gold for bitcoins? ixcoin et al are not different from bitcoin They are different though. They're missing a group of open source developers who really understand the protocol. Show me evidence of one other chain aside from namecoin which has shown any real sign of a serious development team. solidcoin has it's source available as a dropbox based zip file. Any real project will have a proper source code repository (such as at github) and a team of contributors and code reviewers. You might argue that these shit chains *could* gather such a following of developers - but until they do - their stewardship and future is suspect when compared to bitcoin. They also need the network effects of a community of users and merchants. No small feat to catch up to bitcoin in that regard! When attacks occur, or scalability issues need resolving - which project will you trust to have active developers who know how to solve the issues? Title: Re: delete Post by: becoin on August 22, 2011, 06:37:55 AM bitcoin is different from gold. Really? How is it different?Title: Re: delete Post by: ThomasV on August 22, 2011, 06:53:07 AM bitcoin is different from gold. Really? How is it different?gold is physical, and very old. See also here: Currencies can compete when they have different properties. Gold and silver do have different physical properties. The fiat currencies created by central banks have different properties, mostly linked to the economy of the country that issues them. Peer-to-peer currencies can have different properties too; for example, a Bitcoin variant with a constant inflation rate would be significantly different from Bitcoin, and would be able to compete, although I am not sure if it would easily find early adopters. This is clearly not the case with ixcoin and i0coin; the only difference is in the initial distribution, and a few cosmetic changes. Therefore, these currencies are merely Bitcoin clones. As such, they need to live in the same niche as Bitcoin. That is the niche of "digital resource with finite supply that will still be valuable in the future". It is impossible for two currencies to live in that same niche, because one of them will be perceived as more likely than the other to hold its future value. People will use that currency for long-term storage of value, and they will progressively drop the other one. Thus, Bitcoin clones are mutually exclusive. Bitcoin's historical precedence give it legacy, and strong network effects play for it. It is too late to change that. Title: Re: delete Post by: joulesbeef on August 22, 2011, 06:58:22 AM if you lose gold someone else can find it again.
yeah I was under zero expectations that any of the new currencies would survive or that they were even currencies. They were complex gambling games. I still say they had their uses as learning experiences for when someone does want to come up with a coin that might actually replace bitcoin or a coin for a new nitch like namecoin. They may have been jokes, and games but they taught us a lot. Probably a lot of people are learning they arent real challenges to bitcoin when all they do is change a couple aspects. Title: Re: delete Post by: becoin on August 22, 2011, 06:58:38 AM gold is physical, and very old. Aah... So, it must be something very bad?Title: Re: delete Post by: becoin on August 22, 2011, 07:03:49 AM if you lose gold someone else can find it again. This possibility is equal to someone breaking the SHA256 algo in the future and finding the "lost' bitcoins... But then, what will happen to all bitcoins that are not lost?Title: Re: delete Post by: Gabi on August 22, 2011, 07:39:31 AM Wait for gabicoin, that will be the true revolution! Or maybe not.
Title: Re: delete Post by: ThiagoCMC on August 22, 2011, 12:20:09 PM I wasn't there during the first trades but someone must have only bought or sold a few at .49 BTC most likely to themselves. Do you even know what .49 would mean? It would mean I would have made over 100 BTC in the last 12 hours with only 2 cards. Even at .0014 and the current difficulty it's still about twice as profitable as bitcoin. IXcoin is at .001 and difficulty is 16384. That's nothing. IXcoin is worthless now. I'm sure solidcoin is not far behind and headed in that direction but as of now its definately more profitable than bitcoin. What I do not understand is: Who are the idiots trading btc for these stupidcoins? What does that say about a small part of the community who has btc in their possession? yikes. Cheers! Well, no. I'm here, with Bitcoins, not because of what you just said. But instead, because Bitcoins are a awesome power tool against banks and govs. I even don't like money! Honestly, I prefer a society based in a "resource based economy", not monetary based, without any money. Cheers! Thiago Title: Re: delete Post by: becoin on August 22, 2011, 01:06:09 PM Bitcoins are a awesome power tool against banks and govs. It is very possible that in one form or another the US government is behind this project. Bitcoin is not designed as a tool against banks. It can not serve as POS money. Bitcoin is designed to be the digital equivalent of gold because the US government gold was used to back IMF and World Bank interventions during last 15 years.Title: Re: delete Post by: caston on August 22, 2011, 01:43:19 PM Bitcoins are a awesome power tool against banks and govs. It is very possible that in one form or another the US government is behind this project. Bitcoin is not designed as a tool against banks. It can not serve as POS money. Bitcoin is designed to be the digital equivalent of gold because the US government gold was used to back IMF and World Bank interventions during last 15 years.Are you suggesting CIA? Title: Re: delete Post by: fcmatt on August 22, 2011, 01:47:02 PM Bitcoins are a awesome power tool against banks and govs. It is very possible that in one form or another the US government is behind this project. Bitcoin is not designed as a tool against banks. It can not serve as POS money. Bitcoin is designed to be the digital equivalent of gold because the US government gold was used to back IMF and World Bank interventions during last 15 years.Are you suggesting CIA? He is suggesting that his tin foil hat is not properly working. But since this is a scamcoin thread it seems appropriate here. Title: Re: delete Post by: becoin on August 22, 2011, 03:21:38 PM Bitcoins are a awesome power tool against banks and govs. It is very possible that in one form or another the US government is behind this project. Bitcoin is not designed as a tool against banks. It can not serve as POS money. Bitcoin is designed to be the digital equivalent of gold because the US government gold was used to back IMF and World Bank interventions during last 15 years.Are you suggesting CIA? Title: Re: delete Post by: caston on August 22, 2011, 03:42:28 PM Bitcoins are a awesome power tool against banks and govs. It is very possible that in one form or another the US government is behind this project. Bitcoin is not designed as a tool against banks. It can not serve as POS money. Bitcoin is designed to be the digital equivalent of gold because the US government gold was used to back IMF and World Bank interventions during last 15 years.Are you suggesting CIA? I don't think the government is capable of that kind of innovation. Title: Re: delete Post by: JohnDoe on August 22, 2011, 04:00:48 PM What I do not understand is: How can you tell a coin is stupid if it is virtually the same as the coin that is not stupid? That's exactly why they are stupid. If they don't offer anything superior to Bitcoin then why would anybody bother migrating? I did ! I hit IXcoin at Difficulty 16 with 28 GH/s and was hitting up to 4 blocks of 96 coins each per minute! I was the person that made the first non test trade on Double C's exchange. I think the Ixcoin creator was buying these up is all I can think of but I kept on selling and selling as it kept climbing from .0008 to a high of .0065. People went on a frenzy and bought a huge amount of this worthless shit at the peak. The Bitparking Pool hit 244 GH/s at it's peak LOL. By time it was all said and done, I sold over 600 BTC in four days. I think Smoothie sold over 250 BTC during the same time. Only three or four people plus Bitparking amounted to any significant percentage of the Ixcoins mined. Just a lot of stupid people buying a crypto-currency with a ZERO life span. I love it. God bless the stupid people. LOL I'm jelly. Title: Re: delete Post by: becoin on August 22, 2011, 04:07:42 PM Bitcoins are a awesome power tool against banks and govs. It is very possible that in one form or another the US government is behind this project. Bitcoin is not designed as a tool against banks. It can not serve as POS money. Bitcoin is designed to be the digital equivalent of gold because the US government gold was used to back IMF and World Bank interventions during last 15 years.Are you suggesting CIA? I don't think the government is capable of that kind of innovation. Title: Re: delete Post by: DrKennethNoisewater on August 22, 2011, 04:22:24 PM Is there a particular thread where one can monitor any new forks that may be coming online?
If there are buyers for these new coins, I will certainly mine them and sell them for a premium in the beginning. What about WhoreCoin, Ponzicoin, and ShizaCoin? LOL Title: Re: delete Post by: smoothie on August 22, 2011, 06:56:42 PM Is there a particular thread where one can monitor any new forks that may be coming online? If there are buyers for these new coins, I will certainly mine them and sell them for a premium in the beginning. What about WhoreCoin, Ponzicoin, and ShizaCoin? LOL The only formula for success is to smash it with a high powered farm at very low difficulty and sell like crazy during the first 24 hours as the idiots snap it up like Jonestown Kool Aid. Ixcoin, I0coin and SolidCoin have proved this model. +1 AGREED! Title: Re: delete Post by: DrKennethNoisewater on August 22, 2011, 07:35:58 PM Yes!
Had I known about solidwaste coin, I wouldve pounded it like IO.................. Title: Re: delete Post by: Mousepotato on August 22, 2011, 08:19:16 PM Yes! Had I known about solidwaste coin, I wouldve pounded it like IO.................. lol @ "solidwaste" Title: Re: delete Post by: caston on August 23, 2011, 03:18:25 AM Well at the moment its more profitable to mine BTC and buy solidcoin but tomorrow the reverse will be true again.
Title: Re: delete Post by: Anonymous on August 24, 2011, 04:04:41 AM SolidCoin traded at a high of .49 BTC, just a few hours later it's worth .0014 BTC Pretty much the same as I0coin and Ixcoin now. Just waiting for the next "Cryto Currency of the Week" "Current Highest Buy Price 0.00400002" lol Title: Re: delete Post by: Anonymous on August 24, 2011, 04:05:36 AM Is there a particular thread where one can monitor any new forks that may be coming online? If there are buyers for these new coins, I will certainly mine them and sell them for a premium in the beginning. What about WhoreCoin, Ponzicoin, and ShizaCoin? LOL wtf is a ShizaCoin ? Title: Re: delete Post by: caston on August 24, 2011, 04:52:54 AM Is there a particular thread where one can monitor any new forks that may be coming online? LOL You could keep and eye on new irc channels with *coin Title: Re: delete Post by: sd on August 24, 2011, 07:53:17 AM Title: Re: delete Post by: joulesbeef on August 26, 2011, 01:36:04 PM Eating your hat today? they are trading for namecoin prices now 0.027
Title: Re: delete Post by: twobits on August 26, 2011, 07:19:55 PM SolidCoin traded at a high of .49 BTC, just a few hours later it's worth .0014 BTC Pretty much the same as I0coin and Ixcoin now. Just waiting for the next "Cryto Currency of the Week" You do know the .49 was a very tiny trade basically the first on the exchange to test it was working basically? So this statement was nonsense even when it was made as far as trying to show a collapse in price. Title: Re: delete Post by: smoothie on August 26, 2011, 07:29:42 PM SolidCoin traded at a high of .49 BTC, just a few hours later it's worth .0014 BTC Pretty much the same as I0coin and Ixcoin now. Just waiting for the next "Cryto Currency of the Week" You do know the .49 was a very tiny trade basically the first on the exchange to test it was working basically? So this statement was nonsense even when it was made as far as trying to show a collapse in price. +1 Title: Re: delete Post by: FlipPro on August 26, 2011, 07:42:38 PM Lol OP wants to shoot himself ;D.
|
