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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: makomk on April 19, 2012, 01:00:44 PM



Title: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: makomk on April 19, 2012, 01:00:44 PM
Apparently SolidCoin 3.0 is going to introduce a daily fee for each address you own that has a non-zero balance (http://solidcointalk.org/topic/591-decay-and-interest-v3-feature-discussion/page__view__findpost__p__5942) in order to reduce the total number of addresses in use:

Quote from: RealSolid
ne problem I saw with the SolidCoin v2 protocol is the fact that no one actually pays for any resources on the network besides transactions. Why is this a problem? Well every "address" or "account" actually consumes memory, disk space and processing power of all the running nodes. Then when someone does pay for a transaction, all the fees goes to the miner, when the truth is every node on the network has just as much burden when it comes to sending transactions and storing them. It is unfair.

Another problem was the fact that the system itself isn't self cleansing. That is to say, if someone sends 0.0001SC to a new account that account is there for life consuming resources with no purpose in a lot of cases (ie spam). So our solution to this is a decay and interest model. Here is how it works.

1) For every account (ie unique address) on the network, there is a small daily fee. (likely to be around 0.0025 SC or a quarter cent)
2) All the "decay fees" are added up and then given back to every account, depending upon their percentage of SolidCoin holdings. ie there are 2.8 million coins right now, if you have 28000 then you have 1% of all the SolidCoins and will get 1% of the daily account fees. So a certain amount of SC in your account will ensure you pay no daily fees.
3) Transaction fees won't go to the miners anymore but the same decay/interest model. This way everyone who is invested in SolidCoin benefits, including the miners, for including transactions
4) Once an account hits 0 it is removed from nodes memory, saving them CPU and MEMORY usage. It can of course come back if that user decides to later use it.

It's important to realize that you only need a single account now due to our improved transactions, so the only reason you'll want to use more accounts is for anonymity or other personal purposes.

RealSolid is also planning to introduce exponentially increasing fees for accounts that haven't been touched in over 6 months (http://solidcointalk.org/topic/591-decay-and-interest-v3-feature-discussion/page__view__findpost__p__6050) in order to quickly redistribute the funds to active users:

Quote from: RealSolid
We will definitely be implementing a dead account acceleration , currently it's planned that if you don't use an account for 6 months, every month after that the fee doubles and interest stops. So by month 12 of inactivity, the fee is still only 4.8 per month, by month 21 of inactivity, the monthly fee is ~2400 . So even if you go away for 12 months on a large account, you're not going to lose any money, you'll have gained due to the first 6 months interest. Probably even by 18 months you'll still be in positive territory. But after that it quickly recycle any dead accounts and everyone benefits.

So if you stick some SolidCoin savings on a USB stick in a bank vault for a few years, they'll be gone by the time you come to collect them. If my math's right, you could have nearly all the SolidCoins in existence in your account and it'd still only take 36 months of account inactivity for it to be totally emptied through fees.


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: DeathAndTaxes on April 19, 2012, 01:10:11 PM
Just let scamcoin die.  Volume is down, hashing power is down, exchange support is down, ScamCoin forum activity (already low) is down.

Just let it die by neglect.  Although I have to admit it would be hard for me to follow my own advice given the asinine propsal.  Consumers hate inactivity fees which is why many major gift cards don't have them anymore (Amazon for example card is good forever with no fees).

ScamCoin is on a short bus off a cliff ANYWAYS but introducing a concept very unpopular with consumers would kill it even if it had any support.

The sad thing is a small but vocal minority of Bitcoin users want a similar thing.  Not fees but killing lost unused coins and returning them to the mining rewards.  It is equally asinine for all the obvious reasons.


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: Gabi on April 19, 2012, 01:54:46 PM
As he said, let scamcoin die. Stop speaking about it, stop advertising it  ;)


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: k9quaint on April 19, 2012, 02:19:50 PM
As he said, let scamcoin die. Stop speaking about it, stop advertising it  ;)

SoiledCoin has morphed into TheftCoin. No surprise.

However, this is not advertising. This is a public service announcement.  ;D
Don't worry, the TheftCoin folks will be over here soon to advertise their latest monstrosity.


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: CoinHunter on April 19, 2012, 02:32:55 PM
Only at bitcointroll forums could giving money back to the chain be considered theft. Stay with your non interest bitcoin and see how far you go, SolidCoin is becoming a real economic force by allowing a variety of new services to be built on top its protocol.

Personally I think it's an awesome idea that reduces the effects of spam, essentially a self cleansing p2p network, while also giving funds back to the network in a fair manner.


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: terrytibbs on April 19, 2012, 02:40:56 PM
Only at bitcointroll forums could giving money back to the chain be considered theft. Stay with your non interest bitcoin and see how far you go, SolidCoin is becoming a real economic force by allowing a variety of new services to be built on top its protocol.

Personally I think it's an awesome idea that reduces the effects of spam, essentially a self cleansing p2p network, while also giving funds back to the network in a fair manner.

People now have a financial incentive to be less anonymous. Way to go!


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: Snapman on April 19, 2012, 02:43:18 PM
This is all kinds of bad. Seeing as how a ridiculous amount of coins belong to its devs for "premine" reasons, they will be getting all the fee's collection for themselves in the beginning as they have a large percentage of the overall systems finances.

All realshit/shithunter would have to do is stuff say 20 million coins into 1 account at the launch, and that account would accumulate so much of the overall fee's collected that it would be near worthless for anybody else, with any amount really.


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: Starlightbreaker on April 19, 2012, 02:44:26 PM
SolidCoin is becoming a real economic force by allowing a variety of new services to be built on top its protocol.
ಠ_ಠ

hold on.

real economic force?
for who?

ants?

how many merchants do you have now?
what's the value of your shitcoin?



Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: CoinHunter on April 19, 2012, 02:45:43 PM
Only at bitcointroll forums could giving money back to the chain be considered theft. Stay with your non interest bitcoin and see how far you go, SolidCoin is becoming a real economic force by allowing a variety of new services to be built on top its protocol.

Personally I think it's an awesome idea that reduces the effects of spam, essentially a self cleansing p2p network, while also giving funds back to the network in a fair manner.

People now have a financial incentive to be less anonymous. Way to go!

Yes because tracking the change in Bitcoin is so hard! Having a single address is just as secure as multiple if multiple aren't wisely used (like in Bitcoin).

In the long term a p2p network without self cleansing is going to die, we already see lots of people complaining about Bitcoin's resource usage and performance and it is still in its infancy. If people want to use multiple accounts they can, the average user doesn't care much about it however, so only the paranoid should pay for it rather than everyone.

Lets not burden the network with the tin foil wearing lolcat posters shall we?





Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: CoinHunter on April 19, 2012, 02:46:44 PM
This is all kinds of bad. Seeing as how a ridiculous amount of coins belong to its devs for "premine" reasons, they will be getting all the fee's collection for themselves in the beginning as they have a large percentage of the overall systems finances.

All realshit/shithunter would have to do is stuff say 20 million coins into 1 account at the launch, and that account would accumulate so much of the fee's that it would be near worthless for anybody with any amount really.

If you read the other threads on the forum you will see they are removing the 10 trust accounts. So the only coins in the restart are going to be the 2.8 million normal coins. You'll be able to easily verify this with a block explorer once it's launched.


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: CoinHunter on April 19, 2012, 02:48:15 PM
real economic force?
for who?

For any business. Now exchanges and pools can charge zero fees (or even reward their users for holding funds with them). Banks can be built ontop that protocol allowing loans to be made and a line of credit that isn't based on magic numbers created by the federal reserve. All interest comes from the chain, the only way currency is created is through mining.

It's quite a good concept if you got past your biases.


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: terrytibbs on April 19, 2012, 02:50:20 PM
Only at bitcointroll forums could giving money back to the chain be considered theft. Stay with your non interest bitcoin and see how far you go, SolidCoin is becoming a real economic force by allowing a variety of new services to be built on top its protocol.

Personally I think it's an awesome idea that reduces the effects of spam, essentially a self cleansing p2p network, while also giving funds back to the network in a fair manner.

People now have a financial incentive to be less anonymous. Way to go!

Yes because tracking the change in Bitcoin is so hard! Having a single address is just as secure as multiple if multiple aren't wisely used (like in Bitcoin).

In the long term a p2p network without self cleansing is going to die, we already see lots of people complaining about Bitcoin's resource usage and performance and it is still in its infancy. If people want to use multiple accounts they can, the average user doesn't care much about it however, so only the paranoid should pay for it rather than everyone.

Lets not burden the network with the tin foil wearing lolcat posters shall we?
Coin control? Client modified to return change to the same address? Are these all foreign concepts to the scamcoin community?


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: CoinHunter on April 19, 2012, 02:52:12 PM
Coin control? Client modified to return change to the same address? Are these all foreign concepts to the scamcoin community?

Don't show your ignorance scamterry. Read the forum if you want to know more about it. SolidCoin v3 is built on a new protocol, it isn't bitcoin sourced anymore.


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: terrytibbs on April 19, 2012, 02:59:03 PM
Coin control? Client modified to return change to the same address? Are these all foreign concepts to the scamcoin community?
Don't show your ignorance scamterry. Read the forum if you want to know more about it. SolidCoin v3 is built on a new protocol, it isn't bitcoin sourced anymore.
what is this i dont even


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: BadBear on April 19, 2012, 04:22:14 PM
Coin control? Client modified to return change to the same address? Are these all foreign concepts to the scamcoin community?
Don't show your ignorance scamterry. Read the forum if you want to know more about it. SolidCoin v3 is built on a new protocol, it isn't bitcoin sourced anymore.
what is this i dont even

You don't get it, it's Bitcoin dragging them down, it must be. Or it would totally be a success by now!


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: wachtwoord on April 19, 2012, 04:37:13 PM
I never thought the idea of this coin was any good but introducing automated redistribution of unused funds is beyond retarded. It has zero benefits and numerous disadvantages. Also, I think I speak for most libertarians when I say I value actually owning my own property.


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: tacotime on April 19, 2012, 04:55:59 PM
Coin control? Client modified to return change to the same address? Are these all foreign concepts to the scamcoin community?
Don't show your ignorance scamterry. Read the forum if you want to know more about it. SolidCoin v3 is built on a new protocol, it isn't bitcoin sourced anymore.
what is this i dont even

You don't get it, it's Bitcoin dragging them down, it must be. Or it would totally be a success by now!

My guess is that coinhunter doesn't want to release the source code so that people wont uncover fun things like cpf fund transactions being able to be signed by anyone


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: Matoking on April 19, 2012, 05:15:48 PM
I feel bad for anyone who still takes him seriously (assuming there is such person)


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: SgtSpike on April 19, 2012, 05:22:05 PM
Only at bitcointroll forums could giving money back to the chain be considered theft. Stay with your non interest bitcoin and see how far you go, SolidCoin is becoming a real economic force by allowing a variety of new services to be built on top its protocol.

Personally I think it's an awesome idea that reduces the effects of spam, essentially a self cleansing p2p network, while also giving funds back to the network in a fair manner.

I'm pretty sure you're the only one who thinks it's an awesome idea.

But hey, if you don't mind being forever alone...  ;)


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: Kettenmonster on April 19, 2012, 05:47:09 PM
... in order to reduce the total number of addresses in use:
How about prepaid-addresses? You pay fees in advance, so your coins donīt get worthless?


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: caish5 on April 19, 2012, 05:49:24 PM
... in order to reduce the total number of addresses in use:
How about prepaid-addresses? You pay fees in advance, so your coins donīt get worthless?
Or, you know, A.........BANK!


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: Nachtwind on April 19, 2012, 05:51:47 PM
Thinking of it.. i would also introduce such a system if i had 12mil coins... Good Job RealSolid!


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: caish5 on April 19, 2012, 05:55:26 PM
Thinking of it.. i would also introduce such a system if i had 12mil coins... Good Job RealSolid!
The 12mill are getting killed off. Not that you didn't know that.


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: Nachtwind on April 19, 2012, 06:35:32 PM
I actually didnt know that.. But didnt he write that all Solidcoins will be ported into the "new" Microcrash?

Anyway.. just one step further to total disappearance. Waiting for SolidCoin3 or Crashcoin V2 now..

Damn RealSolid... With SolidCoin2 you gave people actually a challange! You gave them new ways of killing your chain off and now.. you dont even try and bring up a stillborn... Think of people like BCX - what should they do with all that free time they have once you release that kind of software?


Btw.. does anyone know whose copyright he removed this time?


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: Cosbycoin on April 19, 2012, 06:52:16 PM
Only at bitcointroll forums could giving money back to the chain be considered theft. Stay with your non interest bitcoin and see how far you go, SolidCoin is becoming a real economic force by allowing a variety of new services to be built on top its protocol.

Personally I think it's an awesome idea that reduces the effects of spam, essentially a self cleansing p2p network, while also giving funds back to the network in a fair manner.

I'm pretty sure you're the only one who thinks it's an awesome idea.

But hey, if you don't mind being forever alone...  ;)

No he isn't alone. He has multiple personalities to keep him company. Like CH/RS/Viperlemonbitch/Psytard etc =)


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: Cosbycoin on April 19, 2012, 09:19:25 PM
Only at bitcointroll forums could giving money back to the chain be considered theft. Stay with your non interest bitcoin and see how far you go, SolidCoin is becoming a real economic force by allowing a variety of new services to be built on top its protocol.

Personally I think it's an awesome idea that reduces the effects of spam, essentially a self cleansing p2p network, while also giving funds back to the network in a fair manner.

I'm pretty sure you're the only one who thinks it's an awesome idea.

But hey, if you don't mind being forever alone...  ;)

No he isn't alone. He has multiple personalities to keep him company. Like CH/RS/Viperlemonbitch/Psytard etc =)

@Cosbycoin

This is to serve notice that the terms "ViperLemonBitch" and "Psytard" were coined by me and is for my exclusive use..... ;D ;D ;D

Anyway I was "promised" that if I wouldn't post once for 30 days that Solidcoin would die and go away. 30 days later I come back and it is still in the top post.

So much for that theory...

~BCX~

Hey bro your special names are OPEN SOURCE BRO! LOL =)


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: bulanula on April 19, 2012, 10:32:48 PM
Coin control? Client modified to return change to the same address? Are these all foreign concepts to the scamcoin community?
Don't show your ignorance scamterry. Read the forum if you want to know more about it. SolidCoin v3 is built on a new protocol, it isn't bitcoin sourced anymore.
what is this i dont even

You don't get it, it's Bitcoin dragging them down, it must be. Or it would totally be a success by now!

Nice one !

The comedy gold on this forum is totally worth it.

MicroCash = MicroSoft :D ?

BCX what will you do to SC this time ;)


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: Cosbycoin on April 19, 2012, 11:10:41 PM
Coin control? Client modified to return change to the same address? Are these all foreign concepts to the scamcoin community?
Don't show your ignorance scamterry. Read the forum if you want to know more about it. SolidCoin v3 is built on a new protocol, it isn't bitcoin sourced anymore.
what is this i dont even

You don't get it, it's Bitcoin dragging them down, it must be. Or it would totally be a success by now!

Nice one !

The comedy gold on this forum is totally worth it.

MicroCash = MicroSoft :D ?

BCX what will you do to SC this time ;)

He doesn't have to do a thing. Look at shitcoin. It's a failure on its own. No work needed. =)


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: Cosbycoin on April 20, 2012, 12:08:36 AM
Coin control? Client modified to return change to the same address? Are these all foreign concepts to the scamcoin community?
Don't show your ignorance scamterry. Read the forum if you want to know more about it. SolidCoin v3 is built on a new protocol, it isn't bitcoin sourced anymore.
what is this i dont even

You don't get it, it's Bitcoin dragging them down, it must be. Or it would totally be a success by now!

Nice one !

The comedy gold on this forum is totally worth it.

MicroCash = MicroSoft :D ?

BCX what will you do to SC this time ;)

What's really funny is how Bulanula has an orange IGNORE button.

Hmm I'd say his content is pretty much garbage compared to BCX or myself.


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: worldinacoin on April 20, 2012, 12:28:04 AM
What I can say is SC and BCX love each other :)


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: k9quaint on April 20, 2012, 02:41:37 AM
Only at bitcointroll forums could giving money back to the chain be considered theft. Stay with your non interest bitcoin and see how far you go, SolidCoin is becoming a real economic force by allowing a variety of new services to be built on top its protocol.

Personally I think it's an awesome idea that reduces the effects of spam, essentially a self cleansing p2p network, while also giving funds back to the network in a fair manner.


Why are you changing Solidcoin so dramatically?
I thought 2.0 tyrant nodes were the answer to all our dreams?
No huh?  ;D BIG SURPRISE!

SoiledCoin Scoreboard: 1.0 BTC clone failed, 2.0 premine scam failed, 3.0 now steals coins from people when they go idle.

I need to make a new avatar that says "STEAL ALL THE COINS!"


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: Nachtwind on April 20, 2012, 10:57:56 PM
Only at bitcointroll forums could giving money back to the chain be considered theft. Stay with your non interest bitcoin and see how far you go, SolidCoin is becoming a real economic force by allowing a variety of new services to be built on top its protocol.

Personally I think it's an awesome idea that reduces the effects of spam, essentially a self cleansing p2p network, while also giving funds back to the network in a fair manner.


Why are you changing Solidcoin so dramatically?
I thought 2.0 tyrant nodes were the answer to all our dreams?
No huh?  ;D BIG SURPRISE!

SoiledCoin Scoreboard: 1.0 BTC clone failed, 2.0 premine scam failed, 3.0 now steals coins from people when they go idle.

I need to make a new avatar that says "STEAL ALL THE COINS!"

Let me guess, the coins stolen through inactivity go to the CPCF "Coin Population Control Fund" only accesible by CH.

Dont forget to add that it will be the UNSPENDABLE* fund only accesible by CH

* As long as the source code** doesnt allow this
** Source code will be made public***
*** When**** RS says so*****
**** Read IF here
***** Which will be most likely never****** going to happen
****** Except peer pressure+ is too much or another++ DMCA takedown+++ gets filed
+ Read "RS needs to impress the mentally disabled with his generousity"
++ Unrelated to the takedown of Solidcoin 2. Those are totally different projects that share the same goal++++
+++ That wont be affecting this project long since it just moves to another server
++++ Adding a few bucks to RS's wallet.


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: Starlightbreaker on April 21, 2012, 12:07:40 AM
Only at bitcointroll forums could giving money back to the chain be considered theft. Stay with your non interest bitcoin and see how far you go, SolidCoin is becoming a real economic force by allowing a variety of new services to be built on top its protocol.

Personally I think it's an awesome idea that reduces the effects of spam, essentially a self cleansing p2p network, while also giving funds back to the network in a fair manner.


Why are you changing Solidcoin so dramatically?
I thought 2.0 tyrant nodes were the answer to all our dreams?
No huh?  ;D BIG SURPRISE!

SoiledCoin Scoreboard: 1.0 BTC clone failed, 2.0 premine scam failed, 3.0 now steals coins from people when they go idle.

I need to make a new avatar that says "STEAL ALL THE COINS!"
http://cdn.memegenerator.net/instances/400x/19088210.jpg


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: k9quaint on April 21, 2012, 12:28:42 AM

Maybe we can make a verb out of Microcash.

Mr. Moon Microcashed all his users!
Mybitcoin.com Microcashed all the BTC!

MicroCash! The best kleptocurrency around!  ;D


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: HorseRider on April 21, 2012, 01:13:24 AM
what kind of features will SolidCoin 3000.0 bring us ;D


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: John (John K.) on April 22, 2012, 02:28:57 AM
Scamcoin 3.0
Quite an improvement, I'd say - he even managed to change the name!!


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: Brunic on April 22, 2012, 06:06:59 AM
Can't believe this crap has more value than Litecoin.


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: EskimoBob on April 22, 2012, 10:55:57 AM
Amazing, how worked up you guys are over something you do not like and regard as pile of steaming shit.

If you hate it, ignore it. How hard is that? (unless you are 12)

Can some one please close this thread? It adds no value to *coin community.


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: Etlase2 on April 22, 2012, 11:57:25 AM
Quote from: SoiledHisPants
Part of MicroCash is accepting micropayments, so we want low transaction fees. A half cent daily account fee is pretty much nothing

MicroCash motto: "We want you to be able to send micropayments cheaply, so we charge you micropayments daily!"


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: Matthew N. Wright on April 22, 2012, 02:49:46 PM
Oh my god. I forgot I had this entire sub-board on ignore, and I wandered in just in time to remind myself why.

To anyone who actually thinks this is a good idea, please stop pretending you're successful already and actually  think about what would happen if you were successful. Imagine WIRED magazine interviewing you in all your glory and asking you "Does anyone under any circumstance have the ability to control the coins in any way against a coin holder's will?". That question right there would be the just enough publicity to make sure no one ever listened to you ever. I don't usually pick on forks because I encourage Bitcoin forks that help prove why Bitcoin is succeeding/failing, but SolidCoin is by far the best example of an insecure and fiat-style digital currency ever. It's even worse than Paypal because at least Paypal can be held legally accountable in some countries (excluding Panama). The fact that the developer(s) try to distance themselves from Bitcoin and their roots at every turn just proves their pseudo-intellectual greed-founded intentions.

As far as answering the question to anyone else who wants to know "What is MicroCash?", it's really simple:

SolidCoin is a fork of Bitcoin.

MicroCash is a repackaging of SolidCoin.

Nuff said.


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: k9quaint on April 22, 2012, 02:53:12 PM
Amazing, how worked up you guys are over something you do not like and regard as pile of steaming shit.

If you hate it, ignore it. How hard is that? (unless you are 12)

Can some one please close this thread? It adds no value to *coin community.

Every time someone gets defrauded by something that looks like a cryptocurrency, quacks like a cryptocurrency, stole code from a cryptocurrency but actually is a kleptocurrency, it harms Bitcoin.

It is the same reason why hedge fund managers hate it when people call what Bernie Madoff was selling a "hedge fund". It claimed to be one, but instead was a criminal conspiracy to defraud people of their money while pretending to be a hedge fund. Almost everyone took your advice, just ignore Bernie if you don't like him!


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: sd on April 22, 2012, 03:26:41 PM
Personally I think it's an awesome idea...

Because you are a mentally ill troll trying to rob stupider mentally ill trolls. Nobody with greater than 2 IQ points is going to fall for your TheftCoin, even Ten98 and Bulanula bailed on you.




Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: sd on April 22, 2012, 03:37:23 PM
This is to serve notice that the terms "ViperLemonBitch" and "Psytard" were coined by me and is for my exclusive use..... ;D ;D ;D

I believe I invented 'Viper Lemon Party Bitch', you contracted it to 'ViperLemonBitch', which misses the whole Lemon Party reference and is therefore less funny.

'Viper Lemon Party Bitch' is hereby released to the community under a BSD license. Do what you like with it.


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: tacotime on April 22, 2012, 04:43:37 PM
I just hope we'll see more crazy rage posts from CoinHunter when people call him on arbitrarily attempting to inflate/deflate the currency, not explaining the coin well, or not releasing the source code. This place gets really quiet when he isn't around, and I think that hurts the value of the other alt chains.


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: terrytibbs on April 22, 2012, 07:24:43 PM
even [...] Bulanula bailed on you.
Even fucking bulanula...


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: sd on April 22, 2012, 07:25:54 PM
I just hope we'll see more crazy rage posts from CoinHunter when people call him on arbitrarily attempting to inflate/deflate the currency, not explaining the coin well, or not releasing the source code. This place gets really quiet when he isn't around, and I think that hurts the value of the other alt chains.

CoinHunter is like a violent deranged monkey. Sure he is retarded but there is still entertainment value in poking him with a stick and watching him fly into a freak-out. Even the trolls who repeated his lies so closely that everyone thought they were sock puppets have abandoned him.

Economics according to SolidCoin:

Inflation - More coins are created and added to CoinHunter's wallet increasing CoinHunters's wealth. Implemented in SC1,2, and 3.
Deflation - Coins are destroyed in the wallets of everyone who isn't CoinHunter increasing CoinHunter's wealth. Implemented in the SC1 to SC2 upgrade process and in SC3.
Tax - Coins are taken from people who are not CoinHunter and put into CoinHunters's wallet thus increasing CoinHunters's wealth. Implemented in SC 2 and SC 3.


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: sd on April 22, 2012, 07:29:10 PM
even [...] Bulanula bailed on you.
Even fucking bulanula...

Yes. Bulanula was last seen scamming BitCoins from a nice German gentleman in the BTC-e chat window. He stole 25 BTC and got banned for it.

Nice people these SolidCoin supporters, I mean ex-supporters.


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: bulanula on April 22, 2012, 08:36:14 PM
even [...] Bulanula bailed on you.
Even fucking bulanula...

Yes. Bulanula was last seen scamming BitCoins from a nice German gentleman in the BTC-e chat window. He stole 25 BTC and got banned for it.

Nice people these SolidCoin supporters, I mean ex-supporters.


Way to spew out total crap sd.

See here for all the drama : https://bitcointalk.org/index.php?topic=483.180

Ad is still here in my sig ( see ), coins not moved in blockexplorer, gave him 2 months extra from what he paid.

Where is the scam ???

Oh yeah, you were trolling ...


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: Etlase2 on April 22, 2012, 08:49:56 PM
I just hope we'll see more crazy rage posts from CoinHunter when people call him on arbitrarily attempting to inflate/deflate the currency, not explaining the coin well, or not releasing the source code. This place gets really quiet when he isn't around, and I think that hurts the value of the other alt chains.

CoinHunter is like a violent deranged monkey. Sure he is retarded but there is still entertainment value in poking him with a stick and watching him fly into a freak-out. Even the trolls who repeated his lies so closely that everyone thought they were sock puppets have abandoned him.

lol I was on bitcointalk hiatus when v1 got released and I didn't really pay attention to v2 as everyone around here had dismissed it as a total scam, but I decided to poke the fire on his board and man was it easy to get him to go nuts. I never even called him a scammer yet he's like "U CAL ME SCAMMER!!?!??!?!!" If the shoe fits, I guess.

"IF I WAS SCAMMER WHY I NO CASH OUT CPF?" uhh because you'd make like $20 LOL

No response to my calling out his webpage completely lacking any information on the CPF, it in fact even spreads disinformation that it is funded by "outsiders." "I NO RESPOND"

and, in conclusion

"In MicroCash getting your friends on board means you get more MicroCash, combined with outside value increase."

AKA

"Pyramid Scheme"


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: sd on April 22, 2012, 09:03:58 PM
even [...] Bulanula bailed on you.
Even fucking bulanula...
Yes. Bulanula was last seen scamming BitCoins from a nice German gentleman in the BTC-e chat window. He stole 25 BTC and got banned for it.
Way to spew out total crap sd.

Smart1985 or whatever he is called sent you 25 BTC by mistake, you spent around 2 hours taking the piss out of him, saying he could not prove he sent anything, and mocking his inability to make you give it back. You stole from him because you are at heart a liar and a thief which is exactly why btc-e banned you and exactly why I'm putting you on ignore.

My point is that nasty as you are even you are too 'nice' to be involved in this next stage of the SolidCoin scam. I guess your 3 IQ points make you 50% too smart for his scams. However will CoinHunter cope without his army of supportive morons? Most likely he won't and it will be funny watching him fail.


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: RoloTonyBrownTown on April 22, 2012, 11:12:30 PM
Scamcoin 3.0
Quite an improvement, I'd say - he even managed to change the name!!

The only smart thing he's done to date.


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: allten on April 23, 2012, 01:37:15 PM
Can't believe this crap has more value than Litecoin.

It's because there are very few players who own solidcoin money. Maybe 3 or 4. I doubt more.
If anyone of these players wanted to cash out or buy something, their market would crash
or they would be passing the solidcoin burden to one their associate con men.
Any wealth held in solid coin is an illusion. They might even make the
price skyrocket, but just ignore it because it represents phony wealth.



Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: GTRsdk on April 23, 2012, 05:26:18 PM
Just let scamcoin die.  Volume is down, hashing power is down, exchange support is down, ScamCoin forum activity (already low) is down.

Just let it die by neglect.  Although I have to admit it would be hard for me to follow my own advice given the asinine propsal.  Consumers hate inactivity fees which is why many major gift cards don't have them anymore (Amazon for example card is good forever with no fees).

ScamCoin is on a short bus off a cliff ANYWAYS but introducing a concept very unpopular with consumers would kill it even if it had any support.

The sad thing is a small but vocal minority of Bitcoin users want a similar thing.  Not fees but killing lost unused coins and returning them to the mining rewards.  It is equally asinine for all the obvious reasons.

Dude... this is a SolidCoin/Microcash thread, not ScamCoin....

ScamCoin hasn't had even 1 block yet...


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: DeathAndTaxes on April 23, 2012, 05:28:29 PM
Dude... this is a SolidCoin/Microcash thread, not ScamCoin....

ScamCoin hasn't had even 1 block yet...

When you went to school it was on the short bus wasn't it? 
Did you mom tell you it was because you were so important you got to take the VIP bus?

Well she lied.


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: sd on April 23, 2012, 06:10:34 PM
When you went to school it was on the short bus wasn't it?  
Did you mom tell you it was because you were so important you got to take the VIP bus?

Well she lied.

That was a tragic waste of cruelty. This isn't the flame each other thread, it's the flame CoinHunter thread.



Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: SgtSpike on April 23, 2012, 06:12:57 PM
You know what they say... any publicity is good publicity!  Well, right now, you all are continuing to give solidcoin publicity.

Keep that in mind before you make another post in this thread...


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: sd on April 23, 2012, 06:16:15 PM
You know what they say... any publicity is good publicity!  Well, right now, you all are continuing to give solidcoin publicity.

Keep that in mind before you make another post in this thread...

I don't think so. Like Nigerian money transfer scams the more people warned the better.

SolinCoin == MicroCash == A Scam


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: Cosbycoin on April 23, 2012, 06:49:57 PM
MICROCASH IS A SCAM = BAD PUBLICITY = FAIL!


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: tacotime on April 23, 2012, 10:17:51 PM
Any publicity is good publicity mostly only applies to entertainment, not banking or the financial industry.  If this were true, Bernanke's son wouldn't have killed himself and the Enron CEOs would be partying it up in Malibu.


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: k9quaint on April 23, 2012, 10:25:32 PM
Any publicity is good publicity mostly only applies to entertainment, not banking or the financial industry.  If this were true, Bernanke's son wouldn't have killed himself and the Enron CEOs would be partying it up in Malibu.

Madoff's son you mean?


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: tacotime on April 23, 2012, 10:37:21 PM
Any publicity is good publicity mostly only applies to entertainment, not banking or the financial industry.  If this were true, Bernanke's son wouldn't have killed himself and the Enron CEOs would be partying it up in Malibu.
Oof! Thank you, I just woke up.

Madoff's son you mean?


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: Cosbycoin on April 23, 2012, 11:20:25 PM
Any publicity is good publicity mostly only applies to entertainment, not banking or the financial industry.  If this were true, Bernanke's son wouldn't have killed himself and the Enron CEOs would be partying it up in Malibu.
Oof! Thank you, I just woke up.

Madoff's son you mean?


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: tacotime on April 24, 2012, 12:58:24 AM
i'm phone posting too. :gay:


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: Vod on April 24, 2012, 01:11:28 AM
I know the coin is garbage, but I always look for these threads when I first come to the forum.   ;D


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: Cosbycoin on April 24, 2012, 01:28:04 AM
I know the coin is garbage, but I always look for these threads when I first come to the forum.   ;D

+1 me too. This is some of the best entertainment you don't have to purchase with bitcoins or microcash. PURELY FREE!!!!


Title: Re: SolidCoin 3.0 will have a daily fee for each address you have.
Post by: mem on April 27, 2012, 11:05:51 AM
Personally I think it's an awesome idea that reduces the effects of spam, essentially a self cleansing p2p network, while also giving funds back to the network in a fair manner.

Im going to go against the grain here and say its a good idea with the following conditions:
* no/minimal transaction fees.
* you are able to bounce coins back and forth between two addresses with 0 charge.

Then if I were to get into these coins, id simply setup a perl script to bounce my coins back and forth.
When I cease using the coins (ie dead) my PC will eventually be turned off (if not claimed by people in my will) then they are slowly reclaimed by the miners which I see as paying for infrastructure.

On the flip side, I also feel its simply not required if you can split the coin to ever smaller bits. As more is lost, value rises and people buy the same stuff but with smaller amounts of coin.

If you wanted to get more support behind the idea, perhaps set the reclaim time to a very large increment, perhaps 1 month or 1 year ?
At those figures Im sure people simply wouldnt care and would be more inclined to believe it is there for the networks benefit.


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: localhost on April 27, 2012, 11:22:21 AM
RealSolid is also planning to introduce exponentially increasing fees for accounts that haven't been touched in over 6 months (http://solidcointalk.org/topic/591-decay-and-interest-v3-feature-discussion/page__view__findpost__p__6050) in order to quickly redistribute the funds to active users
Wow. He's coming after my savings from Scamcoin 1.0. This is pure thievery. I guess I'll have to sell them before getting robbed then...


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: GTRsdk on April 27, 2012, 01:22:51 PM
RealSolid is also planning to introduce exponentially increasing fees for accounts that haven't been touched in over 6 months (http://solidcointalk.org/topic/591-decay-and-interest-v3-feature-discussion/page__view__findpost__p__6050) in order to quickly redistribute the funds to active users
Wow. He's coming after my savings from Scamcoin 1.0. This is pure thievery. I guess I'll have to sell them before getting robbed then...

Too late. Transaction fees are in place, so you will lose a little in order to sell them (excluding exchange fees).


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: localhost on April 27, 2012, 01:37:45 PM
Too late. Transaction fees are in place, so you will lose a little in order to sell them (excluding exchange fees).
Yeah, but that's still better than just letting them all evaporate into ScamKing's wallet.
On a side note, do you really donate to ReactOS? Pretty cool, I don't see it mentioned often  8)


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: GTRsdk on April 27, 2012, 01:44:39 PM
Too late. Transaction fees are in place, so you will lose a little in order to sell them (excluding exchange fees).
Yeah, but that's still better than just letting them all evaporate into ScamKing's wallet.
On a side note, do you really donate to ReactOS? Pretty cool, I don't see it mentioned often  8)

Yes the links do donate to ReactOS (when dailybitcoins or coinad pays for the referral links). I figured they might as well get something since I see me using it in the future.


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: mem on April 27, 2012, 04:35:26 PM
Too late. Transaction fees are in place, so you will lose a little in order to sell them (excluding exchange fees).
Yeah, but that's still better than just letting them all evaporate into ScamKing's wallet.
On a side note, do you really donate to ReactOS? Pretty cool, I don't see it mentioned often  8)

Yes the links do donate to ReactOS (when dailybitcoins or coinad pays for the referral links). I figured they might as well get something since I see me using it in the future.


woot ReactOS fans :)
Good to see them using btc for donations, sorry for thread hijack :P


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: Cosbycoin on April 27, 2012, 07:33:20 PM
RealSolid is also planning to introduce exponentially increasing fees for accounts that haven't been touched in over 6 months (http://solidcointalk.org/topic/591-decay-and-interest-v3-feature-discussion/page__view__findpost__p__6050) in order to quickly redistribute the funds to active users
Wow. He's coming after my savings from Scamcoin 1.0. This is pure thievery. I guess I'll have to sell them before getting robbed then...

I'm glad I sold all my Shitcoins when I mined SC1 e he he he he he he!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: luv2drnkbr on May 08, 2012, 10:34:47 PM
In the long term a p2p network without self cleansing is going to die, we already see lots of people complaining about Bitcoin's resource usage and performance and it is still in its infancy. If people want to use multiple accounts they can, the average user doesn't care much about it however, so only the paranoid should pay for it rather than everyone.

Who, where?  Please show me one single post on the forums here about somebody complaining about the Satoshi client's resource usage or performance.


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: localhost on May 09, 2012, 07:35:39 AM
Who, where?  Please show me one single post on the forums here about somebody complaining about the Satoshi client's resource usage or performance.
Not trying to defend the ScamCoin there, but actually a whopping 1GiB wasted in a not too easily configurable folder/partition is actually a bit of a PITA, not to mention the trashing of the HD when downloading the blockchain or making a large transaction. I've asked several times how this would scale to, say, 100 times the current amount of users, and I have to say I never got any really convincing answer to that...


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: EskimoBob on May 09, 2012, 08:39:48 AM
Who, where?  Please show me one single post on the forums here about somebody complaining about the Satoshi client's resource usage or performance.
Not trying to defend the ScamCoin there, but actually a whopping 1GiB wasted in a not too easily configurable folder/partition is actually a bit of a PITA, not to mention the trashing of the HD when downloading the blockchain or making a large transaction. I've asked several times how this would scale to, say, 100 times the current amount of users, and I have to say I never got any really convincing answer to that...

localhost, you are correct. Most BTC, LTC users (me included) have no need to download those absurdly huge dat files from zero. LTC is not that bad but BTC is massive and it takes forever. Lets not forget, that BTC and LTC are still in their infancy and current users are a really small part of the final number users - if our beloved coins survive. :)
Transactions done up to today are only the beginning. Are we really going to drag around 2, 3, 4... years of transactions? WHY?
If SLC has figured out, how prune this massive "transaction list", we better copy this or BTC/LTC become useless faster, than any of us wants to imagine.

 
 


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: Syke on May 09, 2012, 06:03:45 PM
Transactions done up to today are only the beginning. Are we really going to drag around 2, 3, 4... years of transactions? WHY?

Because my coins are there, and I really want to keep them. I don't want my coins to evaporate because you can't spare a little hard drive space. What sort of crap system do you have? Even my phone can run a Bitcoin client just fine.

If SLC has figured out, how prune this massive "transaction list", we better copy this or BTC/LTC become useless faster, than any of us wants to imagine.

It's already been implemented in some of the Bitcoin clients.


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: Nachtwind on May 09, 2012, 06:41:16 PM
Transactions done up to today are only the beginning. Are we really going to drag around 2, 3, 4... years of transactions? WHY?

Because my coins are there, and I really want to keep them. I don't want my coins to evaporate because you can't spare a little hard drive space. What sort of crap system do you have? Even my phone can run a Bitcoin client just fine.

If SLC has figured out, how prune this massive "transaction list", we better copy this or BTC/LTC become useless faster, than any of us wants to imagine.

It's already been implemented in some of the Bitcoin clients.

And remembering the history of Solidcoin the question is: Which project's implementation did RealSolid steal this time? (And furthermore: did he again remove the copyrights?)


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: localhost on May 09, 2012, 06:45:23 PM
Transactions done up to today are only the beginning. Are we really going to drag around 2, 3, 4... years of transactions? WHY?

Because my coins are there, and I really want to keep them. I don't want my coins to evaporate because you can't spare a little hard drive space. What sort of crap system do you have? Even my phone can run a Bitcoin client just fine.
It's not a matter of crappy hardware, it's a matter of not wasting hardware. Some people like to overuse their hardware, which results in their computer - no matter how powerful - is always cluttered and slow as hell (I've got a close friend who's like that, he's very computer aware yet has a system as optimized as the worst computer illiterate, only not with the same kind of junk). I'm not one of them. I like my hardware being as underused as possible, so I can run whatever I do need to run at the highest possible speed. Which make me not like very much some I/O hungry application which also happens to use a non-negligible amount of HD.
Granted it's not a big deal at the current level, but again, I can only foresee big trouble with 100 times the amount of users and transactions. Nothing urgent there, and I surely don't want my coins to evaporate either, but a solution will have to be found at some point. Denying the issue can only make things worse, delaying the research of solutions. Just because there are many things wrong about ScamCoin doesn't mean all ScamKing says is rubbish: resource usage is a real potential issue, even though it's not a dramatic problem at this very moment or (hopefully) in the near future.


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: Etlase2 on May 09, 2012, 06:58:15 PM
If SLC has figured out, how prune this massive "transaction list", we better copy this or BTC/LTC become useless faster, than any of us wants to imagine.

It's already been implemented in some of the Bitcoin clients.

This is not the same thing as a lite client. It is using an account ledger instead of a transaction ledger. It is a completely different system, and one that, imo, makes a lot more sense. Although from what I can tell they are doing a piss-poor job of implementing it and removing a lot of the features of bitcoin. RS claims to have "just thought it up" but there are a good 10 or so threads on bitcointalk about it, including the various proposals I've made for encoin. Probably the original thread: https://bitcointalk.org/index.php?topic=505.0


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: i_rape_bitcoins on May 10, 2012, 02:02:43 AM
Transactions done up to today are only the beginning. Are we really going to drag around 2, 3, 4... years of transactions? WHY?

Because my coins are there, and I really want to keep them. I don't want my coins to evaporate because you can't spare a little hard drive space. What sort of crap system do you have? Even my phone can run a Bitcoin client just fine.

If SLC has figured out, how prune this massive "transaction list", we better copy this or BTC/LTC become useless faster, than any of us wants to imagine.

It's already been implemented in some of the Bitcoin clients.

This guy is clearly being paid minimal wage because he can't spare less a cent a day!  :D


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: k9quaint on May 10, 2012, 03:04:38 AM
Us sock puppets cannot be bothered to pretend anymore.

True. You Coinhunter clones are pretty brazen these days.


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: i_rape_bitcoins on May 10, 2012, 03:06:25 AM
i'm a pretty nice looking guy

10/10 agree. You should share some pics sometime.

thanks  ;)


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: k9quaint on May 10, 2012, 03:07:24 AM
I am ruining the SEO for microcash.

We know. That is why we keep these threads bumped.  ;D


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: i_rape_bitcoins on May 10, 2012, 03:15:19 AM
I am ruining the SEO for microcash.

We know. That is why we keep these threads bumped.  ;D


lol, you obviously don't understand keeping threads bumped != more/less seo influence. ;)

http://i.imgspc.com/BXYN1.jpg
maybe you should get your harry potter friend to approve your talk ;D


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: k9quaint on May 10, 2012, 03:54:17 AM
lol, you obviously don't understand keeping threads bumped != more/less seo influence. ;)

At the moment, the only content being created about Microcash is here in this forum.
Since this content is very negative and you are creating more of it, you are ruining the SEO for microcash.
Should be pretty hilarious on launch day when people google it for the first time and find this.

P.S. You are even worse at doxing than you are at SEO. That pic of me is still the only one you can find?
My face is literally plastered all over the web. Come friend me on facebook or something, I don't have to hide
from people on the internet since I don't scam.  ;D


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: i_rape_bitcoins on May 10, 2012, 05:07:43 AM
...2005 Digital Point...

Yep, I see you there often trying to get help SEOing your IM e-book sites!

How's your $1 goal / day going?  ;)


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: i_rape_bitcoins on May 10, 2012, 05:14:59 AM
lol, you obviously don't understand keeping threads bumped != more/less seo influence. ;)

At the moment, the only content being created about Microcash is here in this forum.
Since this content is very negative and you are creating more of it, you are ruining the SEO for microcash.
Should be pretty hilarious on launch day when people google it for the first time and find this.

P.S. You are even worse at doxing than you are at SEO. That pic of me is still the only one you can find?
My face is literally plastered all over the web. Come friend me on facebook or something, I don't have to hide
from people on the internet since I don't scam.  ;D

hey look it's mister SEO genius!

The only negative content I see are you trolls eating your own shit when you've been starving for months! Rinse and repeat! Its fresh! ;D


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: drakahn on May 10, 2012, 05:42:35 AM
lol, you obviously don't understand keeping threads bumped != more/less seo influence. ;)

At the moment, the only content being created about Microcash is here in this forum.
Since this content is very negative and you are creating more of it, you are ruining the SEO for microcash.
Should be pretty hilarious on launch day when people google it for the first time and find this.

P.S. You are even worse at doxing than you are at SEO. That pic of me is still the only one you can find?
My face is literally plastered all over the web. Come friend me on facebook or something, I don't have to hide
from people on the internet since I don't scam.  ;D

hey look it's mister SEO genius!

The only negative content I see are you trolls eating your own shit when you've been starving for months! Rinse and repeat! Its fresh! ;D


Typical Coinhunter when he starts to lose it LOL  ;D ;D ;D

I was just over on BTC-e demonstrating DDoS on SLC24 to your follower.

Getting ready for when you launch for real.

~BCX~

FTFY


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: i_rape_bitcoins on May 10, 2012, 05:56:29 AM
lol, you obviously don't understand keeping threads bumped != more/less seo influence. ;)

At the moment, the only content being created about Microcash is here in this forum.
Since this content is very negative and you are creating more of it, you are ruining the SEO for microcash.
Should be pretty hilarious on launch day when people google it for the first time and find this.

P.S. You are even worse at doxing than you are at SEO. That pic of me is still the only one you can find?
My face is literally plastered all over the web. Come friend me on facebook or something, I don't have to hide
from people on the internet since I don't scam.  ;D

hey look it's mister SEO genius!

The only negative content I see are you trolls eating your own shit when you've been starving for months! Rinse and repeat! Its fresh! ;D


Typical Coinhunter when he starts to lose it LOL  ;D ;D ;D

I was just over on BTC-e demonstrating DDoS on SLC24 to your followers.

Getting ready for when you launch for real.

~BCX~

BCX is too buttsore that he can't win so he DDoSes sites to make himself feel better.

It's okay dude. :'(


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: Nachtwind on May 10, 2012, 06:09:47 AM
at least he doesnt have to create 20 accounts here to advertise himself..


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: localhost on May 10, 2012, 07:34:29 AM
This guy is clearly being paid minimal wage because he can't spare less a cent a day!  :D
It's a matter of principle. Evaporating cryptocurrency isn't a match for non-evaporating real cash imo. I mean, in a system advertising itself as free from a central authority, having someone removing stuff from your wallet like the government directly debiting taxes from your account, or like e-gold slowing draining accounts when they went rogue, it's fairly discrediting I think...


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: sd on May 10, 2012, 10:00:59 AM
BCX is too buttsore that he can't win so he DDoSes sites to make himself feel better.

The motivation may be wrong but the results could still be funny. Sometime bad things do happen to bad people.


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: k9quaint on May 10, 2012, 02:38:23 PM
BCX is too buttsore that he can't win so he DDoSes sites to make himself feel better.


No matter how thick the sock is on the puppet, you can always smell the Coinhunter inside once the rage starts to boil.
We can add astroturfing to the list of things Coinhunter has failed at.  ;D


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: localhost on May 10, 2012, 03:01:01 PM
Finally sold all the SC I had left. Try and leech my idle empty wallet now ScamKing  ;D


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: k9quaint on May 10, 2012, 03:04:06 PM
Finally sold all the SC I had left. Try and leech my idle empty wallet now ScamKing  ;D

Don't leave your Microcash in an exchange account over night! Trade trade trade or it will disappear!!  :D


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: localhost on May 10, 2012, 04:43:52 PM
Don't leave your Microcash in an exchange account over night! Trade trade trade or it will disappear!!  :D
Already cashed out the BTC ;)


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: EskimoBob on May 12, 2012, 11:54:42 AM
Transactions done up to today are only the beginning. Are we really going to drag around 2, 3, 4... years of transactions? WHY?

Because my coins are there, and I really want to keep them. I don't want my coins to evaporate because you can't spare a little hard drive space. What sort of crap system do you have? Even my phone can run a Bitcoin client just fine.

I guess "balance" and full "tx history" are two concepts to alien and complicated for you to grasp. LOL
 


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: wachtwoord on May 12, 2012, 01:33:52 PM
Transactions done up to today are only the beginning. Are we really going to drag around 2, 3, 4... years of transactions? WHY?

Yes we are. It will be scalable, both because of Moore's law (transistor density doubling every two year) and because the blockchain can be stored distributed as well if necessary (still completely there and accessible to all, but distributed over multiple peers like a gigantic RAID). The complete transaction history is one of the main strengths of Bitcoin, good job removing that in your altcoin :)


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: localhost on May 12, 2012, 02:22:49 PM
Yes we are. It will be scalable, both because of Moore's law (transistor density doubling every two year)
BS. Have you seen how HD capacity evolved during the last couple of years? Barely any size increase... Additionally, Moore's law wasn't supposed to go on indefinitely, it just described a prediction of component evolution for a few decades.

and because the blockchain can be stored distributed as well if necessary (still completely there and accessible to all, but distributed over multiple peers like a gigantic RAID).
This, on the other hand, sounds much cooler. Still needs to be implemented though, and doesn't seem trivial to me...

The complete transaction history is one of the main strengths of Bitcoin, good job removing that in your altcoin :)
I don't really think the complete transaction history is a strength. For a currency supposed to be anonymous, I'd rather call it a weakness, and not a minor one. Otherwise, I suppose it's a requirement for the thing to work, at the moment. But getting rid of it (reliably, and after a decently long time) would definitely be a step forward, not backward.


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: tacotime on May 12, 2012, 11:06:18 PM
What?  The first 4TB enterprise hard drive was just released.  This is more or less where we should be at:
http://zedequalszee.files.wordpress.com/2009/06/hd-vs-year.jpg

We hit 1TB in 2009 and it looks like we'll be at 5+ TB by 2013...  Sure looks like exponential growth to me.

From the wiki:
Quote
2007 – First 1 terabyte hard drive[16] (Hitachi GST)
2008 – First 1.5 terabyte hard drive[17] (Seagate)
2009 – First 2.0 terabyte hard drive[18] (Western Digital)
2010 – First 3.0 terabyte hard drive[19][20] (Seagate, Western Digital)
2010 – First Hard Drive Manufactured by using the Advanced Format of 4 KiB a block instead of 512 bytes a block[21]
2011 – First 4.0 terabyte hard drive[22] (Seagate)

Kinda looks like a doubling every two years-ish, no?


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: CoinHunter on May 13, 2012, 12:49:36 AM
This guy is clearly being paid minimal wage because he can't spare less a cent a day!  :D
It's a matter of principle. Evaporating cryptocurrency isn't a match for non-evaporating real cash imo. I mean, in a system advertising itself as free from a central authority, having someone removing stuff from your wallet like the government directly debiting taxes from your account, or like e-gold slowing draining accounts when they went rogue, it's fairly discrediting I think...

Yes and transaction fees aren't evaporating your cryptocurrency savngs in Bitcoin I guess? Apparently in the future Bitcoin fees are the only way anyone will make money mining. It's something heavily discussed and criticized.


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: k9quaint on May 13, 2012, 12:51:27 AM
This guy is clearly being paid minimal wage because he can't spare less a cent a day!  :D
It's a matter of principle. Evaporating cryptocurrency isn't a match for non-evaporating real cash imo. I mean, in a system advertising itself as free from a central authority, having someone removing stuff from your wallet like the government directly debiting taxes from your account, or like e-gold slowing draining accounts when they went rogue, it's fairly discrediting I think...

Yes and transaction fees aren't evaporating your cryptocurrency savngs in Bitcoin I guess? Apparently in the future Bitcoin fees are the only way anyone will make money mining. It's something heavily discussed and criticized.


That is right. Transaction fees are not evaporating my cryptocurrency savings in Bitcoin. I have not transferred them, every single satoshi is still in my possession. That is because I am saving them, not spending them.


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: CoinHunter on May 13, 2012, 01:17:08 AM
This guy is clearly being paid minimal wage because he can't spare less a cent a day!  :D
It's a matter of principle. Evaporating cryptocurrency isn't a match for non-evaporating real cash imo. I mean, in a system advertising itself as free from a central authority, having someone removing stuff from your wallet like the government directly debiting taxes from your account, or like e-gold slowing draining accounts when they went rogue, it's fairly discrediting I think...

Yes and transaction fees aren't evaporating your cryptocurrency savngs in Bitcoin I guess? Apparently in the future Bitcoin fees are the only way anyone will make money mining. It's something heavily discussed and criticized.


That is right. Transaction fees are not evaporating my cryptocurrency savings in Bitcoin. I have not transferred them, every single satoshi is still in my possession. That is because I am saving them, not spending them.

With Bitcoin there is no fixed transaction fee, miners can charge whatever they want. So if a miner charges you 100 BTC to send a transaction then you have to pay. Luke-jr is currently doing this with coiledcoin, so it's not a theoretical thing, it's actually happening. Anyone can mine but if you don't have enough power it could take you 5 years to mine a block and not be charged 100 BTC. So if your life savings are less than the transaction fee then it's essentially like losing your life savings if you ever wanted to actually spend them. This isn't true right now in Bitcoin,  but it could potentially happen because transaction fees in Bitcoin are not fixed.

If Bitcoin ever moves to the same protocol as MicroCash (which it probably needs to for performance reasons if its successful) then it will have to move to account fees also. Otherwise it could be spammed to death. So comparing two different protocols, they both have advantages and disadvantages. Obviously some people familiar with how Bitcoin works aren't too comfortable with the idea of daily account fees but there's no other alternative if you want to move to the same account protocol that MicroCash uses.


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: Syke on May 13, 2012, 03:12:26 AM
Yes and transaction fees aren't evaporating your cryptocurrency savngs in Bitcoin I guess?

That is right. Savings means it's not being transferred, therefore no fees. A wallet from 2009 will have exactly the same number of Bitcoins today and forever.

Quote from: CoinHunter
So if a miner charges you 100 BTC to send a transaction then you have to pay.

Wrong again. No miner can force a fee on any transaction. If a transaction doesn't meet a miner's fee requirement, then the transaction will simply be mined by someone else.


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: Etlase2 on May 13, 2012, 05:32:36 AM
If Bitcoin ever moves to the same protocol as MicroCash (which it probably needs to for performance reasons if its successful) then it will have to move to account fees also. Otherwise it could be spammed to death.

What is it, in your opinion, that is preventing bitcoin from being spammed to death right now? I'd really like to know.

Quote
So comparing two different protocols, they both have advantages and disadvantages. Obviously some people familiar with how Bitcoin works aren't too comfortable with the idea of daily account fees but there's no other alternative if you want to move to the same account protocol that MicroCash uses.

http://en.wikipedia.org/wiki/False_dilemma

this must be RS posting now because I've never seen one person use so many fallacious arguments so regularly


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: localhost on May 13, 2012, 06:16:00 AM
Kinda looks like a doubling every two years-ish, no?
Yeah, but they're not reaching the stores as fast as they used to... I still can't find any 4TB HD at my usually retailer, and the prices of 3TB HDs are still quite insane.

With Bitcoin there is no fixed transaction fee, miners can charge whatever they want. So if a miner charges you 100 BTC to send a transaction then you have to pay. Luke-jr is currently doing this with coiledcoin, so it's not a theoretical thing, it's actually happening. Anyone can mine but if you don't have enough power it could take you 5 years to mine a block and not be charged 100 BTC. So if your life savings are less than the transaction fee then it's essentially like losing your life savings if you ever wanted to actually spend them. This isn't true right now in Bitcoin,  but it could potentially happen because transaction fees in Bitcoin are not fixed.
Miners are also users. If they can't use their BTC (can't even withdraw them, actually) because the pools they use has fees far too high, they'll switch to others, obviously...


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: sd on May 13, 2012, 08:27:17 AM
With Bitcoin there is no fixed transaction fee, miners can charge whatever they want. So if a miner charges you 100 BTC to send a transaction then you have to pay. Luke-jr is currently doing this with coiledcoin, so it's not a theoretical thing, it's actually happening. Anyone can mine but if you don't have enough power it could take you 5 years to mine a block and not be charged 100 BTC. So if your life savings are less than the transaction fee then it's essentially like losing your life savings if you ever wanted to actually spend them. This isn't true right now in Bitcoin,  but it could potentially happen because transaction fees in Bitcoin are not fixed.

That's a terrible argument. You are advocating communist style price fixing because one individual may try profiteering. As you may have noticed price fixing didn't work in communist Russia or in communist Czechoslovakia. I have no personal experience of any other countries but suspect it doesn't work so well in North Korea either.

If you went to the shop and they tried to charge you two months wages for a loaf of bread would you pay it or walk out and go to another shop? There are very many miners running FPGA based rigs who have very low power bills and that number is growing every day. These rigs will be profitable many years after GPU mining can no longer pay the electricity bills. Each miner will accept whatever transaction fees they can get.

Coinhunter - You don't understand the economics here. The fixed fees per account are wrong-minded.


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: Kettenmonster on May 13, 2012, 10:07:01 AM
... but it could potentially happen because transaction fees in Bitcoin are not fixed.
That's a terrible argument. ...
Sorry for objection sd, CoinHunter is giving anything but an argument (http://en.wikipedia.org/wiki/Argument).
Starting a syllogism in realis mood does not validate a reasoning by itself.
Plus you donīt reach him neither with your words nor your ideas.
His plan is the ideal currency, ideal in the sense he finds it perfect.

Now you can start to think about what makes him believe a currency is perfect.


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: sd on May 13, 2012, 10:47:00 AM
... but it could potentially happen because transaction fees in Bitcoin are not fixed.
That's a terrible argument. ...
Sorry for objection sd, CoinHunter is giving anything but an argument (http://en.wikipedia.org/wiki/Argument).
Starting a syllogism in realis mood does not validate a reasoning by itself.
Plus you donīt reach him neither with your words nor your ideas.
His plan is the ideal currency, ideal in the sense he finds it perfect.

Now you can start to think about what makes him believe a currency is perfect.


His motivations seem obvious to me, to market a rigged currency as a fair currency in order to fool people into using it. Like most people he simply wants to get rich at the expense of everyone else.

I know I can't change him, but I can educate people who are not asking the right questions of him.

Microcash is a scam. It's possible some people don't know that yet.


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: k9quaint on May 13, 2012, 06:26:11 PM
With Bitcoin there is no fixed transaction fee, miners can charge whatever they want. So if a miner charges you 100 BTC to send a transaction then you have to pay. Luke-jr is currently doing this with coiledcoin, so it's not a theoretical thing, it's actually happening. Anyone can mine but if you don't have enough power it could take you 5 years to mine a block and not be charged 100 BTC. So if your life savings are less than the transaction fee then it's essentially like losing your life savings if you ever wanted to actually spend them. This isn't true right now in Bitcoin,  but it could potentially happen because transaction fees in Bitcoin are not fixed.

If Bitcoin ever moves to the same protocol as MicroCash (which it probably needs to for performance reasons if its successful) then it will have to move to account fees also. Otherwise it could be spammed to death. So comparing two different protocols, they both have advantages and disadvantages. Obviously some people familiar with how Bitcoin works aren't too comfortable with the idea of daily account fees but there's no other alternative if you want to move to the same account protocol that MicroCash uses.

It is happening in CoiledCoin, but not Bitcoin. Why? While you are technically correct, every miner on the planet could collude and charge 100BTC for every transaction. But since the miners are Bitcoin, you would have to say it is not collusion but a decision to enforce a new rule. Unlikely, but possible.

For the sake of argument, let us say that all of a sudden every transaction fee must be higher than 100BTC. As a result fewer people submit transactions to these miners and the transactions requests with fees under 100BTC begin to pile up. Pretty soon any miner (not in the 100BTC cabal) who finds a block stands to gain tremendously if they processed these rejected transactions. Market forces insure that it is worth someone's while to process transctions. While it is technically possible for the entire human race to suddenly no longer desire money, the Bitcoin protocol did not feel it need a special case to handle this.

I hope your 100BTC Myan apocalypse vision comes to pass, I stand to gain tremendously if suddenly every other human on the planet stops valuing money.  :D


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: localhost on May 13, 2012, 08:51:04 PM
I hope your 100BTC Myan apocalypse vision comes to pass, I stand to gain tremendously if suddenly every other human on the planet stops valuing money.  :D
Meh, if they don't want money, why would they enforce crazy fees on transactions in the first place? ;)


Title: Re: Microcash is Solidcoin3 and a scam
Post by: k9quaint on May 13, 2012, 09:11:44 PM
I hope your 100BTC Myan apocalypse vision comes to pass, I stand to gain tremendously if suddenly every other human on the planet stops valuing money.  :D
Meh, if they don't want money, why would they enforce crazy fees on transactions in the first place? ;)

Perhaps it is a dystopian future where the human race catches a virus that causes them to rage against cryptocurrencies.
But yeah, Coinhunter/RealSolid's entire supposition is flawed.  ;)


Title: Re: SolidCoin 3.0 (aka MicroCash) will have a daily fee for each address you have.
Post by: Kettenmonster on May 14, 2012, 04:05:13 PM
...
Microcash is a scam. It's possible some people don't know that yet.

If so, we can safely say: We did our best, didnīt we?  ;)