Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: caston on October 04, 2011, 09:57:24 AM



Title: TBX price is rallying
Post by: caston on October 04, 2011, 09:57:24 AM
Has anyone noticed the price has started rallying today?

The sell order book is as bare as a skimpy waitress. Quite incredible.


https://btc-e.com/tbx_exchanger


Title: Re: TBX price is rallying
Post by: worldinacoin on October 04, 2011, 10:16:20 AM
Will this be THE Alternative coin?  Given that it has solved the vulnerabilities plaguing other coins.


Title: Re: TBX price is rallying
Post by: caston on October 04, 2011, 10:23:20 AM
Will this be THE Alternative coin?  Given that it has solved the vulnerabilities plaguing other coins.

The future looks bright indeed.


Title: Re: TBX price is rallying
Post by: Litt on October 04, 2011, 02:29:20 PM
Will this be THE Alternative coin?  Given that it has solved the vulnerabilities plaguing other coins.

The future looks bright indeed.

yup just like all the other alt coins. it's looks just as bright if not more.


Title: Re: TBX price is rallying
Post by: Bobnova on October 04, 2011, 02:44:02 PM
Makes me wish I'd held longer.
Oh well.


Title: Re: TBX price is rallying
Post by: caston on October 04, 2011, 02:49:10 PM
It has a much better chance of succeeding because it uses a different hash.


Title: Re: TBX price is rallying
Post by: caston on October 04, 2011, 02:50:49 PM
Makes me wish I'd held longer.
Oh well.

You can still buy.. It will probably come down a bit while I sleep.


Title: Re: TBX price is rallying
Post by: tacotime on October 04, 2011, 04:12:35 PM
Oh God it's exploding, 300% in 24 hours, this is nuts


Title: Re: TBX price is rallying
Post by: Lolcust on October 04, 2011, 04:27:04 PM
I wonder when people will start raiding the faucet


Title: Re: TBX price is rallying
Post by: ArtForz on October 04, 2011, 04:29:32 PM
So.. it went from "pretty much nothing" to "3 times pretty much nothing"?
There's only 300k in existence so the "bullshit index" of total coinage (brixage?) times current trading price went from 50 to 150 btc...


Title: Re: TBX price is rallying
Post by: Matoking on October 04, 2011, 05:05:29 PM
Now I really wish I had kept my hands on those brix for a bit longer. Oh well, I still made more profit than I expected. :)


Title: Re: TBX price is rallying
Post by: worldinacoin on October 04, 2011, 05:09:43 PM
Just wishing that I can mine them faster :)


Title: Re: TBX price is rallying
Post by: caston on October 04, 2011, 05:20:49 PM
So.. it went from "pretty much nothing" to "3 times pretty much nothing"?
There's only 300k in existence so the "bullshit index" of total coinage (brixage?) times current trading price went from 50 to 150 btc...


Think of it as one of your children.


Title: Re: TBX price is rallying
Post by: Lolcust on October 04, 2011, 05:35:32 PM
ArtForz is  strict and realistic, as usual.

Still, you have to admit, the minor buy-in we have today is heartwarming in a way


Title: Re: TBX price is rallying
Post by: caston on October 04, 2011, 05:47:21 PM
ArtForz is  strict and realistic, as usual.

Still, you have to admit, the minor buy-in we have today is heartwarming in a way

It was a team effort.


Title: Re: TBX price is rallying
Post by: t3a on October 05, 2011, 10:41:35 PM
Since the creator gave himself 7million TBX before its creation, assuming there are enough orders to fill (surely there aren't), he has $245k


Title: Re: TBX price is rallying
Post by: Lolcust on October 05, 2011, 10:44:12 PM
Since the creator gave himself 7million TBX before its creation, assuming there are enough orders to fill (surely there aren't), he has $245k

I wonder, why it does concern you so much, is this some peculiar competitive sense, or are you just upset that I didn't donate any to the "Solidcoin 2.0 makefile restoration fund" ?


Title: Re: TBX price is rallying
Post by: Bobnova on October 05, 2011, 10:49:15 PM
Honestly I'd worry far less about lolcust's 7.7m coins than what happens when the first botnet switches and starts selling.
Contemplate for a minute the results of the network hash power doubling, and 50% of the new network hash power feeding a single wallet.


Title: Re: TBX price is rallying
Post by: Lolcust on October 05, 2011, 10:55:59 PM
Meh, botmasters will have  incentive to hoard anything that they don't need to spend on their immediate human needs (hookers and blow) and botnet's expansion (buying 0day exploit  know-hows etc.)

Which means that botnets will increase price (slowly, at first)

And the higher the price escalates the more incentive rational botmaster will have to hoard.


Title: Re: TBX price is rallying
Post by: t3a on October 05, 2011, 10:58:07 PM
Since the creator gave himself 7million TBX before its creation, assuming there are enough orders to fill (surely there aren't), he has $245k

I wonder, why it does concern you so much, is this some peculiar competitive sense, or are you just upset that I didn't donate any to the "Solidcoin 2.0 makefile restoration fund" ?
No, I am not a coin "fanboy" or anything like that. I just don't understand why people are using a coin that if/once it became mainstream, the creator would have more money than everyone else combined. Seems like a scam to me.


Title: Re: TBX price is rallying
Post by: Bobnova on October 05, 2011, 11:00:12 PM
Doesn't seem to bother people with bitcoin.
Admittedly that's a rather lower number, but still.


Title: Re: TBX price is rallying
Post by: Lolcust on October 05, 2011, 11:02:37 PM
Since the creator gave himself 7million TBX before its creation, assuming there are enough orders to fill (surely there aren't), he has $245k

I wonder, why it does concern you so much, is this some peculiar competitive sense, or are you just upset that I didn't donate any to the "Solidcoin 2.0 makefile restoration fund" ?
No, I am not a coin "fanboy" or anything like that. I just don't understand why people are using a coin that if/once it became mainstream, the creator would have more money than everyone else combined. Seems like a scam to me.

I think that if you read 1st post in the TBX thread, you know that I have a far more fascinating plan then just "cash out", a plan that pretty much requires a buffer of several million coins to work (In case you didn't read, I plan to set up a transaction anonymization service that 1) has buffer in the millions 2) can operate without a website)

That will make TBX and GG extra-attractive for SR types :D

Also, there is no upper limit on TBX generation, so at some point in the future, the Fun-d won't be all that big compared to the whole system

Doesn't seem to bother people with bitcoin.
Admittedly that's a rather lower number, but still.

Doesn't seem to bother people with diamonds, gold, and USD (and the latter can be printed at a whim as well)


Title: Re: TBX price is rallying
Post by: ineededausername on October 06, 2011, 12:30:26 AM
FML, I sold at 0.00289 :P


Title: Re: TBX price is rallying
Post by: tacotime on October 06, 2011, 12:42:08 AM
FML, I sold at 0.00289 :P

I'm keeping my thousands of TBX all to myself...  Fuck everything, I'm an early adopter until doomsday!


Title: Re: TBX price is rallying
Post by: t3a on October 06, 2011, 01:44:08 AM
Since the creator gave himself 7million TBX before its creation, assuming there are enough orders to fill (surely there aren't), he has $245k

I wonder, why it does concern you so much, is this some peculiar competitive sense, or are you just upset that I didn't donate any to the "Solidcoin 2.0 makefile restoration fund" ?
No, I am not a coin "fanboy" or anything like that. I just don't understand why people are using a coin that if/once it became mainstream, the creator would have more money than everyone else combined. Seems like a scam to me.

I think that if you read 1st post in the TBX thread, you know that I have a far more fascinating plan then just "cash out", a plan that pretty much requires a buffer of several million coins to work (In case you didn't read, I plan to set up a transaction anonymization service that 1) has buffer in the millions 2) can operate without a website)

That will make TBX and GG extra-attractive for SR types :D

Also, there is no upper limit on TBX generation, so at some point in the future, the Fun-d won't be all that big compared to the whole system

Doesn't seem to bother people with bitcoin.
Admittedly that's a rather lower number, but still.

Doesn't seem to bother people with diamonds, gold, and USD (and the latter can be printed at a whim as well)
IIRC, you said you wanted to make a money laundering service.


Title: Re: TBX price is rallying
Post by: Lolcust on October 06, 2011, 07:50:30 AM
IIRC, you said you wanted to make a money laundering service.

Which is strictly synonymous with transaction anonymization service :D