Removing Peercoin, the innovative coin that started POS. The fourth leading altcoin in the world. Huh. Wonder what shitcoin pump and dump will take its place.
Whatever one paid Bittrex the most.
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never heard of anything like that yet, but thinking about that its kinda pointless
why?
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Has this ever been implemented in a coin design before?
A similar effect can be found in Goldcoin's 51% defense system. Applying large amounts of hash power all at once will trigger the defense resulting in orphaned blocks. Thats interesting, thanks I'll take a look into it. Sounds more or less like they were trying to accomplish a similar goal.
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Monero might have some genuinely interesting, novel features going for it that could be applicable to the real world some day Monero does not have "a few" interesting, novel features, it is a completely new design and code base that is entirely distinct from bitcoin and all of the hundreds of clone shitcoins each of which have "a few" interesting, novel features (at best) added for polish. The difference is one of kind, not degree. but so do about 20 other coins out there, and they are all going down in value. No, there are not 20 other non-scam non-clone-with-polish altcoins. Maybe one or two. I dunno, it just seems that if you were right and I was wrong the price would be faring better than it currently is. It is a project that is alpha-level software, with no integrated GUI, no lightweight wallet or web wallet, high resource requirements to use the full wallet, zero applications or merchants, and it is still in the top 20 by market cap. That is very respectable. Either "very respectable" or a sign that people will throw their money at just about anything. Time will tell.
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Remember when Keiser tried to do that in-show promotion of Darkcoin where he was gonna buy some Darkcoin live on his show to prove how easy and awesome it was, then Darkcoin crashed that day? Hilarious. I'd like to believe you that NXT is still taking off, but the only thing actually worth believing is the price.
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Monero might have some genuinely interesting, novel features going for it that could be applicable to the real world some day Monero does not have "a few" interesting, novel features, it is a completely new design and code base that is entirely distinct from bitcoin and all of the hundreds of clone shitcoins each of which have "a few" interesting, novel features (at best) added for polish. The difference is one of kind, not degree. but so do about 20 other coins out there, and they are all going down in value. No, there are not 20 other non-scam non-clone-with-polish altcoins. Maybe one or two. I dunno, it just seems that if you were right and I was wrong the price would be faring better than it currently is.
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I will buy NXT and then buy Facebook with it on asset exchange. I am amazed how such obscure currency managed to land such big company to get listed. Will I get rich with it? We will see, I hope Mark keeps with doing good job!
Don't. You obviously don't understand what a decentralized exchange is. Stay away from it. Oh man, I had to LOL when I read this.
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Nutilduh.
Monero has a very active development and community. Things are tense right now because of the following:
Whats interesting is this same list of problems could be applied to a bunch of other decent coins right now. I think people are finally starting to figure out that the altcoin trend is unsustainable. Monero might have some genuinely interesting, novel features going for it that could be applicable to the real world some day, but so do about 20 other coins out there, and they are all going down in value. As a matter of fact, the only coins that go up is whatever the Coin of the Week is, which Monero had a turn as last month.
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You're just a bagholder who bought in at 8+ cents and have been waiting for NxT to recover. Of course you'll be bullish but in reality the NxT whales and people like me who bought under 3 cents are only selling.
Aren't you the one who likes to impress noobs with your deep, deep understanding of reason and philosophy by always undercutting their arguments on the grounds that they are logical fallacies? Way to counter my argument. NXT price wasn't higher in its pre-exchange days, BTW, I don't know what reality you are remembering but its not this one. So what point is it exactly that you think you are making when you cut down on NXT with each and every message you write?
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We are still in the "innovators" stage, so this is not very surprising. We have several more large UI changes upcoming, which should make it easier for people to use Counterparty, and help move us into the "early adopter" stage.
Sounds good. I like Counterparty and I think it has a lot to offer. Am looking forward to the upgrades. Are the new changes whats causing this to happen when I try to log in right now? "No counterparty servers are currently available. Please try again later. ERROR: Request Time out." Never seen that one before. Thanks. That's because you haven't looked. If you just googled the error you'd have found that it's been reported before on more than one occasion, for example here: https://forums.counterparty.co/index.php/topic,188.msg2342.html#msg2342Status of Countewallet servers is available here and sometimes it's possible to get around the problem by connecting to another Counterwallet server. http://status-backend.counterparty.co/For your information I did look. I did type the message into Google and nothing relevant to the current situation came up. There's a variety of different reasons why the error message could come up.
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The idea seems entirely feasible. The idea doesn't seem feasible at all unless you solve for sybill attacks and if you could do that you wouldn't need mining to begin with. In an anonymous network you don't really think it would be brain dead easy to make a 1 PH/s farm look like 1,000 1TH/s rigs do you (or 1 million 1 GH/s rigs)? I don't know, that's why I asked if there was information I was missing out on. It would certainly make it harder for a miner to dominate a coin. So why not solve for Sybil attacks? And how do you mean you wouldn't need mining? If you can prevent somebody from running a thousand miners with the same IP address, how does that mean you don't need mining? Everything can't be done, until it can.
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Srsly?
Have you taken a good look at a XMR chart recently? It has the exact same pattern as any pump n dump coin: A stratospheric pump followed by a slow and neverending dump.
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I didn't receive a satisfactory answer to my question.
Who the F is buying this S?
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I'm speculating that Monero is bullshit and will go to .00000001 based on the quality of the "community" involved.
Whenever a new coin has a pack of rabid, flame-retardant fanboys foaming at the mouth over it in trollboxes and forums worldwide, it gives me pause. Most of the time these people don't even know they are brainwashed and pumping on behalf of a larger, more powerful entity who will soon hang them out to dry.
I've watched this play out least ten times in the last 2 months, and nobody learns a thing. Different coin, same mind control techniques, same pump and dump. The only thing that ever changes is the name of the coin.
This is irrelevant. What matters in the long run is if the technology efficiently covers a necessity. Privacy is a big, big necessity these days. If the MRO devs keep it solid and the hard work goes on and it turns out a solid product that addresses all of the privacy problems within monetary transactions (what BTC originally intended by failed to do so), do the math. This is how real value is created, nothing of this hyped out pumps shit. Just give it time. Turns out the only thing Monero actually did was destroy value and it actually _was_ one of the "hyped out pumps shit(s)." Monero won't make it. The name is too silly and the coin is too unoriginal.
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I guess the answer is "no"?
Wonder why nobody bothered to try this concept out. Is there some key piece of information I'm missing that would disallow for this experiment to happen? The idea seems entirely feasible.
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You say 1 month and I say 6 months. NxT hasn't quite recovered to when it used to be a stable 8 to 9 cents back in early 2014, the price went off the cliff after the public became aware of NxT's distribution.
You're absolutely wrong and you understand nothing about trends. NXT has barely even been a coin for 6 months. Furthermore, I don't understand what good you think you are doing for your (apparently massive) NEM investment by constantly bashing NXT. NEM would be nothing without NXT. NEM is currently backed by nothing other than NXT and a bunch of promises. You said NEM is working on some new features that distinguish it from being a NXT clone yet you don't bother to mention what they are. I don't know what agenda you think you're promoting as you are all over the map with your viewpoints.
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or even ShortNXT which trades against the NXT price (reliable so far). The thing about ShortNXT is there's frequently no asset-issuer buy orders which is worrisome to me. Why would you buy an asset that you can't sell? Purchasing the ShortNXT is only half of the formula of the gameplan. The other half is being able to sell it.
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To resolve this issue, Counterparty has developed the first step towards trustless multiplayer games such as poker and chess. Due to the distributed nature of this solution, nobody can control the outcome of any game except the players themselves. Using Counterparty and Bitcoin transactions, the future of online gaming can be like the future of money itself: decentralized.
To show you what we mean, we actually built Rock-Paper-Scissors (RPS) and Rock-Paper-Scissors-Lizard-Spock (RPSLS) into Counterparty! And the underlying system allows you to do a lot more than just play rock-paper-scissors… You can play any game of this type with an odd number of possible moves. Blockchain based poker? I'm absolutely floored. Is such a thing even possible? ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) It seems like it would take far too long to play a hand, but I'm all for improvements in decentralized gambling. At the end of the day, there must be some sort of human hand in programming the decentralization, so it can never be truly "decentralized" or free of human bias. Any way to lessen reliance on user trust is probably beneficial.
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Meaning, are there any coins out there that cap the effect that your hashrate has on your likelihood of successfully mining a block?
If the mining race were a bit more even I think this would lead to fairer distribution, as more people would be encouraged to mine and the network would grow stronger.
Has this ever been implemented in a coin design before?
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I was just reading through the ANN section and I notice there's a new post every 8 seconds or so, most is talk about mining for coins with silly, silly names that are basically just replicas of other coins with a new twist. This new coin fights herpes, this other one was officially blessed by the Pope, etc.
So, my question is... WHO THE F IS BUYING THIS SHIT ??!!
I'll admit it was me, for about 2 weeks, when I first got started.
So whats the deal.. There's a constant new churn of fresh noobs that are feeding a neverending cycle?
People predicted that the altcoin world would be unsustainable as it would draw in too much BTC in order to keep growing, but what happens instead is the same BTC gets recycled over and over, put into one new coin after the next.
As a result we have hundreds of dying coins on our hands -- some have truly stand-out innovation compared to McShinyCoin of the Week.
Hopefully coins that are proven to have innovation and real-world potential will have a rising price through all the noise, but demand, regulation and a rapidly transforming field of study make the future of the entire scene somewhat uncertain.
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