The something that it is (ironically) is a false sense of trust. That's the only purpose it actually serves. To give you a false sense of security (or insecurity) when dealing with a user.

O'rlly?

Ten fold??

How many months???

Lets see. Todays Oct. 14th. Do you want until Dec 14th for your prediction or Jan 14th? I don't mind giving you the extra month.

On Jan 14th you can bet I'll be back here and will weigh in on the results of your prognostication.


Just sad... Face it: your coin is a bust. The nature of its existence is paradoxical at best.

"Digishield," guards the coin from the forces of the free market... poorly.

What a joke.

Helpful hint:

The trust system here is completely meaningless.

Why?

Because you can buy and sell other peoples' accounts. Ergo, you can buy trust.

Just because some prick buys a senior member account with a positive trust rating, it doesn't mean he isn't still a scamming prick who will use his newly-purchased account to cheat you.

Its simply poor form to give people here the benefit of the doubt. Its irrational to believe otherwise.

This undoubtedly happens every single day. Its why the trust system is meaningless.

A trusted user can do this 100 times and sell each account loaded to the gills with positive trust for a nice profit.

User trust ratings mean nothing. Those who would have you believe otherwise are simply trying to pull the wool over your eyes for their own financial gain.

Haven't you heard? The devs need to get paid.

No, they probably do know they are being misleading for the sake of sensationalism, but you can't catch them on this technicality because they are the ones defining what a "bitcoin startup" is for the purposes of this article.

I think NXT is actually a bit more sophisticated in terms of managing assets but whoever can create the friendliest GUI wins. Whoever can make it easiest for their assets to run parallel to the platform, as a standalone entity, will also win.

I was thinking about whether to launch my own asset and going through the pros and cons of Counterparty vs. NXT:

PROS
-Counterparty is cheaper and backed by the bitcoin blockchain
-NXT is more sophisticated and offers dividend issuance

CONS
-Trading on Counterparty is sluggish and components are nonfunctional at times
-Setup & downloading the NXT blockchain takes a long time. So does opening the wallet.

Thanks for acknowledging this point which many a moderator cannot.

I trust who I trust and the trust rating system has nothing to do with it.

https://blockscan.com/asset

The best place to look at the Counterparty market activity is within the Counterwallet itself:

https://counterwallet.io

I haven't read the article but a few (as of today) successful Counterparty-backed startups include:

SWARM
Storj (SJCX)

And... OK.. you got, me, I can't think of any more.

But the whole Overstock thing does give them some credibility not enjoyed by many other competitors: business world legitimacy.

Hi, thanks, I had all of this except for the gen=1 part, will try the new configuration. I had a couple of noob mining questions, I'd be really grateful for any tips you could give me. I'll even send you a few HawaiiCoins. First of all, I never got any coins for this, should I have?



Second off, why does this always happen when I plug in this particular USB miner?



Sorry, I forgot to provide the circle, but why can't I ever get any hashing going? Is it just because my computer is too weak-sauce, do I need to add something to my BAT file?

Any advice would be appreciated, and rewarded with HIC.

Hey thanks for the infographic Kod, that answers some questions I had and it certainly looks very encouraging for NEM.

Other interesting fact: At a market cap of $3,152,121.86 or 8117.75 BTC that puts NEMstake right behind BlackCoin, not too shabby.

Since BlueMeanie is pro-regulation, perhaps he is doing this to potentially give reasons to the government as to why cryptocurrency needs to be regulated. I don't want to go as far as to call him a "false flag" operation, but if people stopped responding to his posts then perhaps they wouldn't draw so much attention to his cause (whatever it may be).

Whats this refering to?

https://botbot.me/freenode/bitcoin-wizards/2014-09-30/?msg=22605681&page=4

bluemeanie1 is obviously quite a gifted person, but he has decided to turn his talents towards trolling professionally, or at least it genuinely seems that way.

I'll give it to him -- he really knows how to get into the heads of others, whether it be through his ramblings about the NXT conspiracy, his more recent exploits as Moneroman88 (almost an equally bewildering scenario), or back to his near-constant railing on NXT to obfuscate the fact that 1,000,000 NXT were delivered to his wallet for services never rendered.

He will probably start another thread railing on me and/or NXT in response to this, perhaps even bless me with yet another negative trust rating.  

So I implore you, for the sake of common decency, let's stop responding to this guys threads and make him a bit less effective at his new job. I kindly ask you to join me in demonstrating restraint and not feeding the troll.

Thank you for your time.

Am I missing something or is BM the kind of behavior that drives all seriousness away from this forum?

I truly identify with OP. Everyone else who feels otherwise, you're a walking advertisement for pro-regulation. You're basically saying to the powers that be, "Please step in and regulate us, we obviously can't help ourselves."

Cryptocurrency was in part necessitated by the fact that Wall Street and the surrounding bureaucracy sucks so very, very much. Nowadays the only remaining difference between crypto and Wall Street is regulation.

So you want regulation? By all means, keep it up, keep blabbing about how this is the real world because it is not. Its a pack of thieves committing crimes in broad daylight, waiting to be rounded up. Or at least taxed and fined.

I'm ignoring my own advice, but you clearly don't understand how NXT forging works. Less than 10% of NXT holders have enough NXT to stand a shot at actually forging blocks.

Therefore, 90% of users aren't "punished" with PoS mining, any more than bitcoin users are punished with PoW mining.

Do you guys realize Monero's pretty much just gone down since mid June?

Why do you keep listening to the same voices that got you into this mess in the first place?

Or is there just a fresh cycle of noobs that keeps filling the place of those exiting?

I wonder this myself. Plus when you think about the thousands of addresses that have dust that will never be removed from them... There's got to be a significant amount of BTC that is just gone forever, maybe 5% of total mined?

I'm sure you are but I do not think they will pay you up front this time.

He's just trying to troll you for the sake of bumping a thread he likes. Just let it die.

No, it is a waste. Bitcoin mining is the single biggest waste of electricity in the world.