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I think the system that was set up for the forum kind of lended itself to this. The bounty system leaves a big opening to falsify stories in an effort to solely gain coins from the bounty. There is no real incentive to be truthful since it is all based on word count and praise.
This has led to bulk news which is based on quantity, not quality. And with that, actual fact is drowned out by a chorus of disinformation. A decentralized system is based on trust. So what do you have without the trust?
In truth, it feels like a military/government tactic. If you infiltrate and destroy the system of trust most anything will fall. I'm starting to really question if governments aren't blatantly manipulating the market. It is strange that the forum wouldn't be more regulated.
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What is going on with this coin? If it is a scam then why are people still buying into it? I just noticed the thread for it was locked. I was wondering why there was no discussions on it.
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Since there are several coins(tokens) on ETH block chain, it is not logical to accept those tokens for every contract use but rather use the fuel(gas) very small amount for every transaction.
And the contract never pays anything but the addresses moving tokens do.
Ah, thank you. That is the clearest answer I've gotten so far. I thought it was more like the contract creator had to put enough ether into the contract to keep it alive over its lifespan. Now that I know it's not that I can start using my eth for some good. Thanks again. |
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Ok, so if anyone here has tried making contracts before I have a question. The amount of ether deposited into a contract, is that to generate the contracts or do you have to pay every time the contract is used? I'm trying to figure out how much would be necessary for a contract that is used by multiple users a day. If it is a crazy amount I think I might have to trade my ether for lisk since I can easily get 100 lisk or more. I'm starting to dislike this decentralized network "fuel" since it puts all the innovation and cost on the programmers. We create the apps people want and majority of the profits go to ethereum.
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Agreed Rocky and to respond to the fraud..
Just because you can trade ETH tokens does not mean it is a currency.
There is more to it than that..
Imagine a currency that evaporated or was designed to keep creating more.. but far too many.
What i am hinting at is ETH by design has issues when trying to say it can be used as a substitute for Bitcoin the CURRENCY.. as you proponents constantly suggest.
They are in fact chiefly "Fuel Tokens" ..not dollars $$$
Bitcoin was designed to be a currency and will not suffer from the same problems ETH will.
It would not matter how many accounts i used to say this.. the facts would still remain the same.
I am talking about how it works and what it does.. a tangible and quantifiable thing.
Socks ? where ? I am the only one who said what i said.
So explain to us all how anyone else is copying what i am posting Fraudcache.
Do you see why you have no credibility around here yet ?
It's one thing to fail miserably at defending Ethereum..
and it's another to simply lash out like a stupid child with silly diversionary games.
You don't HAVE to agree but i advise you stick to the truth.
Trying to make up lies about me to attempt to discredit me will only back fire on you.
And this point i brought up is just the tip of the ice berg when it comes to ETH's problems.
..as the previous poster just alluded to.
You keep chanting all kinds of stupid shit about this coin but the crowd left long ago.
There is no longer a giant massive flood of people here defending this ICO shitcoin "scheme coin"
I ran a pole and it cemented what i already knew.. users were willing to maybe trade the ICO "fuel tokens"
..for profit $$$
But 90% of them all did NOT "believe" in the project's intended purpose.
The crypto community spoke loud & clear on this ICO shit coin bullshit.
Do you expect the world to view it any different ?
I'd say no they will view it in a worse light simply because of the ICO part of it. (and the early shenanigans)
I would safely say it is effectively dead.
The ONLY thing that will revive it's popularity is MORE MANIPULATION.
And that does not seem to be possible anymore..
You are completely correct it isn't a currency in the traditional sense. But neither is any cryptocurrency. The only difference being that you fail to see what it actually is. It is a modern fuel source for a modern economy. Petrol isn't actual money but plenty of people will kill for it as it still fuels our whole society. If you created an electronic version of petrol, why would you make it finite. That is the exact reason why people kill for oil. The natural system is flawed. Nature is flawed. Why would you create something with the same flaws as before when you can upgrade and enhance? These are all tech companies, and I don't see why a tech company can't start out flawed and as it gets older and more mature its software becomes more mature. If I remember correctly installing any distro of Linux used to be mind numbing, and yet today Microsoft is a part of its foundation, tons of programs are maintained on it, and any person could install it with little effort. |
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Hi,
I'm hoping somebody can point me in the right direction. A customer of mine was hit with the Crypt0l0cker infection and had all their files encrypted.
They have paid the ransom and received a file called decryption_software.exe however when they attempt to run the program on their Windows XP PC they get an error stating "not a valid win32 application". I tried running the software on a different computer running Windows XP and got the same message so presumably the file has only been written for 64 bit Windows.
I copied the customers files to a computer running 64 bit Windows 10 and ran the software which runs the decryption software however does not decrypt the files. I have heard that the decryption software generally needs to be run from the computer that got infected.
I was wondering if it is possible to analyze the .exe file and have it adjusted or rewritten to work on Windows XP. Or possibly I can extract the encryption key from the .exe and use a different program to decrypt the files.
Any ideas would be appreciated.
They paid the ransom? Why the hell would they do that? And another question, if you got hacked and all your data encrypted, why would you trust the software to decrypt from the hacker? Look at actual security companies as they have actual decryption tools that work. |
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Although I would never use the stuff myself, the train has left the station and there's money to be made in this business. Ten years from now every state in the country will probably legalize recreational marijuana use. With this in mind, I would to know what everyone thinks in regards to the best marijuana stock to invest in and why?
After looking at the industry for a while now I would say putting money into a dispensary or grow op might be tons of money down the road, but it is still very risky as they carry all the risk in the industry. The best companies to invest in are the industry's that cater to the grower. Mainly greenhouse companies that help with setting up the land with irrigation, fertilizer, etc. |
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Although I agree with everyone on bitcoin holding the most value my original question was more about which altcoin would fetch the most money based on novelty, history, and nostalgia.
Speculation on actual worth isn't what I was looking for. More like which altcoin would fetch the most based on historical value and rarity. Like a comic book, or one of the first books ever printed. Most people are just looking at it as money, which is fine in our time. But others will want it years down the road to get a piece of money history. And not to mention programmers love looking at old code.
If you can't understand what I mean, think of it in terms of coin collection now. Some of those coins don't have much actual worth to them, but the historical value is much higher. You have to think about it in terms of collecting rare items from history. I bet a wallet from any altcoin would be worth money 100 years from now. Just think of how much effort it would take to hold that wallet with a password for 100 years. Having no other nodes isn't that important since that in itself would lead to rarity. If you have one of a few altcoin wallets in existence you aren't going to worry about using it for trade. Nobody buys a 30 year old Apple computer for thousands of dollars to edit a 4K video.
Dogecoin isn't my vote, unobtanium is.
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If you want to program and make money by being on projects you actually love start working on open source projects in your spare time and build up your cred so you have something to show people(nothing is harder than telling people you are great without any proof and expecting to work on decent projects). Most people talk about the freelance avenue but I don't like it since it doesn't show how you work in a project environment with other people. You have to show you can deal with multiple people who have different ways of coding. There are plenty of projects on GitHub you can help with.
If you are really serious just work on getting $125 so you can create apps. Start out with games and transition to real work and apps. It is free to program anything on your own, so if you really want to program, you'll just do it.
So in the words of a wise man, "JUST, DO IT!"
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None of us will be here and even our kids not! Only grand kids!
Maybe that time they will go back to fiat! All world one fiat!? 🙈👍🏼
It's a possibility. Cryptocurrencies could destabilize fiat to the point that a unionized fiat dollar could fill its place. Also, I don't know about you but I intend to be frozen until robot space legs become a thing. Maybe I can buy them with my rare doge. |
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If bitcoin is still around then, the number 2 will be litecoin.
Yes, but I'm talking about only coins that would be worth a lot because of rarity and people selling off and not keeping. |
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What altcoin will be so rare that it will be worth a lot of money just to obtain one? There is more than likely going to be that one coin that most people sold but a very rare few who hold on to the wallet for their whole lives.
To make this more fun you have to assume that you will only have one of the coin you will place your faith in. So if you chose doge being rare you'd have to assume having only one dogecoin would be worth thousands.
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Hendricks gin, straight, or stoli
And also Sam Adams for my go to beer.
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How do you know?
I ran a traffic tool when I was redownloading the wallet so I could see which ip addresses I'd get when it was updating If you do a whois on the ip: cpe-75-186-79-171.cinci.res.rr.com You will see it is literally registered to Warner Brothers. Not only that but the phone number used for the registration is actually the number a few of WB's businesses. I looked it up and there is an article on WB being on the network. If they are one of the main sources you get wallet updates from it has to be a miner most likely. Or an exchange, which I doubt they would control an exchange. |
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Is it weird that a bitcoin node is run by warner brothers entertainment?
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I agree. ETH is honestly going away. Stick to btc and ltc, unless you like flashy pump and dump scammy rollercoaster rides.
Yeah ltc man. Look at my text space. LTC 4 Evea dude. People dont realize that ltc is a sleeping giant. LTC has pretty much no purpose at this point. At one point it did because it was basically like gold and silver. Not everyone could buy the gold since, at least when I got into it BTC was at around 950, so they bought the silver/LTC. But, after BTC dove in the markets for a while and took a while to spring back, LTC in the meantime became less like silver and more like nickel. LTC is no longer the only alternative and it holds no technological advancements over BTC or a lot of other experimental coins. It could be said that like btc it will always be stable but after a while I think it will fall by the wayside as others make advancements in the crypto market. |
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How hard is it to create a new coin/cryptocurrency?
I want to create one with a specific purpose. The basic name for it is the R&D Chip.
The idea is this:
There is no mining, it is all available on the first day
it has an amount of 500,000,000 chips which is sold based on how many have been bought
First 100,000,000 = 1 USD each
second 100,000,000 = 10 USD each
third 100,000,000 = 100 USD each
Fourth 100,000,000 = 1,000 USD each
Fifth 100,000,000 = 10,000 USD each
all of it will be converted into btc, and then the interesting part of this starts
It is all pooled together into one wallet that can be monitored, and all who have at least one chip can vote on the main website for which research & development teams should get funded. The funds are distributed to all the R&D teams that have signed up on a basis of how many votes they have. Also, if you use a chip to vote, that chip is destroyed, it can no longer be used by anyone, it no longer exists. The pooled assets are released once a year and the website will be used not only to buy more chips and vote but to also get feedback and progress from the funded teams.
So basically, it is not a currency, as much as it is a stock used to create democratically funded scientific research. I was thinking about this when I was reading an article on the EmDrive and hypothetical science and learned that research in these fields is mostly done by scientists as hobbies and grants of $100,000 or less. Not only is that a ridiculously low amount of funding for future technology, but it also highlights the lack of funding regular people can give to research, either out of lack of knowledge or the large amounts of capital needed up front.
If cryptocurrencies are the first step towards decentralized capitalism, a cryptostock could be the way people fund science in a decentralized marketplace. It also gives people the power to choose what gets invested.
Any thoughts? Ideas?
I have an idea. You should move this to the securities thread because this is not a coin. Well, it is kind of confusing since it is kind of both. It is both a coin and a stock. It can be traded, but you are more or less trading power to influence funding. |
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How hard is it to create a new coin/cryptocurrency?
I want to create one with a specific purpose. The basic name for it is the R&D Chip.
The idea is this:
There is no mining, it is all available on the first day
it has an amount of 500,000,000 chips which is sold based on how many have been bought
First 100,000,000 = 1 USD each
second 100,000,000 = 10 USD each
third 100,000,000 = 100 USD each
Fourth 100,000,000 = 1,000 USD each
Fifth 100,000,000 = 10,000 USD each
all of it will be converted into btc, and then the interesting part of this starts
It is all pooled together into one wallet that can be monitored, and all who have at least one chip can vote on the main website for which research & development teams should get funded. The funds are distributed to all the R&D teams that have signed up on a basis of how many votes they have. Also, if you use a chip to vote, that chip is destroyed, it can no longer be used by anyone, it no longer exists. The pooled assets are released once a year and the website will be used not only to buy more chips and vote but to also get feedback and progress from the funded teams.
So basically, it is not a currency, as much as it is a stock used to create democratically funded scientific research. I was thinking about this when I was reading an article on the EmDrive and hypothetical science and learned that research in these fields is mostly done by scientists as hobbies and grants of $100,000 or less. Not only is that a ridiculously low amount of funding for future technology, but it also highlights the lack of funding regular people can give to research, either out of lack of knowledge or the large amounts of capital needed up front.
If cryptocurrencies are the first step towards decentralized capitalism, a cryptostock could be the way people fund science in a decentralized marketplace. It also gives people the power to choose what gets invested.
Any thoughts? Ideas?
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Ebitz IS NOT a scam. Trust me, just send me some btc and I will give you as many ebitz as you want.
And I just read an article where someone commented the ebitz logo looks like evil corps from mr robot. I should have seen it coming.
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Tried searching for a thread discussion pertaining to Ethereum and Ether but could not seem to accomplish this as a newbie... what a noob right? So my concerns with ethereum are based around the split and around the speculation that ethereum is not nearly as secure as they claimed it to be... I actually have a relative stake invested in ether and am curious if anyone else out there has been experimenting with it or has a sound knowledge of the currency that would like to share their thoughts. I want to believe that it will be the next big thing and I do not want to liquidate my stock or convert to BTC just yet..... Someone tell me I shouldn't do that!  If you want it to survive and do well, help make it better. Not just buy into it like most people do with most coins. They buy to play in the trade market and completely forget about actually helping the community. Ethereum could survive, I say could because most of the problems it has had has been a constant train of bad news. Just when Ethereum thinks it's doing good and stable again it messes up somehow, again. It is really a matter of whether people are willing to take the drawbacks of a flawed cryptocurrency in the hopes that it will be resolved like other apps in a newer version. Most people will not want a currency that can implode in on itself at any minute, but I like the idea so I've kept some eth. |
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