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121  Other / Off-topic / POLL: Handicapped Match ! BigVern #1 & #2 VS Suchnoob xD on: August 02, 2016, 03:07:47 PM
Next up is our handicapped match ! Grin

Over in this corner.. wearing the shitcoin stained trunks, we have a craptsy mole/shill and alleged scambuster ... SUCHNOOOOOOOOB ! Tongue
Suchmoon --> https://bitcointalk.org/index.php?action=profile;u=234771

And over here in this corner we have this, yet to be named, shitcloned tag team duo !

Big "I was never in Afghanistan" Vern #1


AND !! Shocked Grin

Paul "The Pornstar" Vernon aka BigVern #2


Grin

Who will win ?

PLACE YOUR BETS NOOOW !

BET BET BET !!! Grin
122  Alternate cryptocurrencies / Altcoin Discussion / Re: Beware of Increasingly Sophisticated Malware Infection Attempts on: August 02, 2016, 05:06:32 AM
An infected coin daemon can rob a whole exchange.. It happened to Cryptsy.
https://bitcointalk.org/index.php?topic=1328521.0;all

Read and/or research much ?

It was an inside job. Shocked
https://bitcointalk.org/index.php?topic=1173703.0

That aside, people will someday know them as one of, if not, the main source of crypto related malware.
123  Other / Meta / Re: Proposal: remove steemit links on: August 02, 2016, 04:45:38 AM
I don't have a clue how steemit works. do they get paid if any random person looks at a link or does the reader have to be signed in to steemit as well?

either way it's cheesy and blatant.

My understanding is that the "authors" get paid for "upvotes", so yes, the users have to be signed in and click some button or something. New users get some free upvotes but apparently the idea is that eventually they'll need to pay (once the premine runs out?). The whole business model seems backwards - get paid to spam, and pay to read? That leads to this (I'm not responsible for potential eye damage):

https://steemit.com/ethereum-classic/@rolik/ethereum-classic-wtf

Quote
Ethereum Classic WTF

3 hours ago by rolik in ethereum-classic

Hello! My name is Roma and now i want to speak with about Ethereum Classic.

What Ethereum classic Huh When it is not added poloniex I thought that this is a bug but to my surprise there was no limit when it was apparent that at 4:00 he made 12 000 btc volume per day. I started to read what it is and it is ethereum on old blockchain to hardfork. I have only one question WHY?? if erhereum community decided we should all go jump is not necessary to arrange a circus if it decided to steal at least ethereum real name. After adeed poloniex on a day of classic 60K Satoshi Satoshi get up to 500K while 150K was volume btts. Basically this is a bad idea as for me and I for what would be a classic disappeared.

Mining of this clone is generally a separate topic. In normal ethereum my video card issues 12-13 mehahesh without overclocking and this shit just 3-4 Mh/s, I'm in shock as it really is when the same broadcast.

My opinion is that we must abolish the Classic and maintains that hackers dudos their pool http://www.livebitcoinnews.com/ethereum-classic-attack-pool-under-ddos-attacks/.
Now it will be very interesting because the clone still has nine claims against the devas in my ester are dirty rats stealing idea where they were when the eth was not popular ?? one word bitch. Now appeared a warning message in their official topic about ddos if you dont agree with my thoughts please write comments down.

P.S dont forget like my post

Edit: BTW authors can vote for themselves.

Onlookers who know you as a craptsy mole/shill and/or insider will also vote. Smiley

Are there any other muddafudda/ cresty/ firerabbit shitclones you would like to support ?
124  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][1000 SYNC]| FULL POS| COLORED COIN |VIP Discount Club & Wallet Rental on: August 01, 2016, 03:36:12 AM
Strange, I thought I was on that list and don't remember receiving anything.

Does mscollec's Visacoin and/or Leroy's Stakeminers, scams mean anything to you ?
125  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: August 01, 2016, 03:29:38 AM
I have no idea what caused that jump in price, but I'm glad it's slowing down a bit.  I don't like uncertainty and a big pump can cause a big crash, so I like the way Dash slowly climbs...... hate it when it dumps though Tongue

Still, Bitcoin is dropping, so it's also a bit of that as well.

This post and/or your support of that butcher Churchill will eventually land you some negative rep if you're not careful. Wink

Did you somehow miss Otoh's market manipulating 195 BTC buy order and subsequent post ?

Or did his shitty javascript expoit(s) crash your brower just before you got to that part ?
126  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [CV2] ColossusCoin2.0 | X13 | LiteStake Multisend 5k/Block | on: July 31, 2016, 04:59:28 PM

ColossusCoin2 at Countmycrypto

Cryptocurrency calculator and altcoin monitor. Track your coin investments and overall balance, in any currency. We show you the money.

http:// www. countmycrypto. com

Hello Th82, how are you?
Thank you very much by share with us this great webpage!.
It is very useful and very precise too!.
Now waiting that CV2 volume be high and at good rate!.
To the mooon!


To the suspicious-javascript-filemobile NOOBS ! Tongue

https://quttera.com/detailed_report/www.countmycrypto.com
127  Economy / Scam Accusations / Re: CRYPTSY stopping withdraw locking accounts without notifying users! Class Action on: July 31, 2016, 04:15:03 PM
Spoetnik, my problem with you never was that you went after scammers, but that you went after them with a scattergun and little to no research.

FWIW, you inspired me. After being accused of being a cloner so many times, I actually did learn how to do it Tongue Never released anything, and probably never will, but I have built a couple of coins for the pure hell of it. I'm still no where near a good enough programmer to be a true developer or do anything terribly innovative, but it is interesting.

On topic, sort of, the Cryptsy meltdown was less obvious than some seem to think, but it was obviously coming quite a while before it went south. I read the writing on the wall and lost very little. Some of my friends got seriously screwed. Never keep more than you can afford to lose on any exchange. Even honest men can screw up, and large amounts of liquid cash are an amazingly hard temptation even to good people.

I know some of the people that worked for Cryptsy, and I'm not entirely certain that all of them that I know are innocent in this. Some, yes. They got screwed as bad or worse than the customers, because going forward, having worked for Cryptsy is going to make finding employment very difficult.

<snipped the ramblings of a nazi sympathizing scumbag who is likely Horus.> Tongue

<snipped the ramblings of a shitcoinhead> Tongue


Do you and any of the other craptsy moles have any more shitFIATcoins you would like to shamelessly plug ?

 Kiss forzendiablo
128  Alternate cryptocurrencies / Announcements (Altcoins) / Re: ✪✪✪ VIRTUAL COIN ✪✪✪ | P2P VIRTUAL MONEY | VC | X11 | ATM | RARE 3 MILLION COINS on: July 28, 2016, 07:40:53 AM
Gentlemen, what plans for our coins?

Dev tell us whether you have plans for the VC, or you do not have time for foolishness...



How many times have I warned you and others about these scammers ?
129  Economy / Scam Accusations / Re: CRYPTSY stopping withdraw locking accounts without notifying users! Class Action on: July 27, 2016, 01:49:09 PM
Spoetnik, my problem with you never was that you went after scammers, but that you went after them with a scattergun and little to no research.

FWIW, you inspired me. After being accused of being a cloner so many times, I actually did learn how to do it Tongue Never released anything, and probably never will, but I have built a couple of coins for the pure hell of it. I'm still no where near a good enough programmer to be a true developer or do anything terribly innovative, but it is interesting.

On topic, sort of, the Cryptsy meltdown was less obvious than some seem to think, but it was obviously coming quite a while before it went south. I read the writing on the wall and lost very little. Some of my friends got seriously screwed. Never keep more than you can afford to lose on any exchange. Even honest men can screw up, and large amounts of liquid cash are an amazingly hard temptation even to good people.

I know some of the people that worked for Cryptsy, and I'm not entirely certain that all of them that I know are innocent in this. Some, yes. They got screwed as bad or worse than the customers, because going forward, having worked for Cryptsy is going to make finding employment very difficult.

What staff ? Shocked

How many people does it take to handle 200,000 clients ? 200? 500+ ?

If that is the case, why haven't they chimed in ?
130  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][1000 SYNC]| FULL POS| COLORED COIN |VIP Discount Club & Wallet Rental on: July 27, 2016, 01:24:22 PM
image uploader

Sync wallet is on fire - 7 nodes!

Great , its cool Wink

There are only 7 because this and other mscollec shitcoins are well known ponzis/scams.

Please check out his trust rating and post history.
131  Economy / Scam Accusations / Re: CRYPTSY stopping withdraw locking accounts without notifying users! Class Action on: July 20, 2016, 12:39:30 AM

snipped the nazi sympathizer's dribble..

Now I'm pissed. I am put in the ugly position of agreeing with Spoetnik. HippieTech, you're not even coherent most of the time. Bruno shoots with a scattergun and misses as often as he hits, but his posts at least make SENSE, the theories are logical, if not always plausible, and he's entertaining. You're just... I don't have the words. It's like reading Racter (if you're old enough to remember that particular program), but without the humour.

I am not the one who takes obviously fake PM(s) and other disinfo from speotnoob at face value. BRUNO HAS ! rolf

I am not the one who needed to have the BitJohn/Owlslybeats ref link/ chatbot goof up drilled into me twice (because I tried really hard to ignore it). BRUNO and the rest of you collaborators have !

What part of this shill / mole . sock parade do you not understand ?

Crestington/muddafudda and/or muddafudda aka. allen washburn aka. FireRabbit, fucked up when he used the same youtube videos/channel and BTC addy on various websites.

Now lets see if you're smart enough to figure out the rest.
132  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Feathercoin [FTC] - time proven, fast, secure and unique POW coin on: July 18, 2016, 04:21:06 PM
Mining can get, quite boring Cheesy

Oh. and yeah, mining can indeed get very boring. they need to optimize the NeoScrypt algo so we can get some performance improvements.

The craptsy insider noobs behind this and many other "new algo" coins already have the perfectly optimized kernel.



Yeah you're probably right. I wonder how much better it is  Huh

We may never know.

I initially exposed this on the original FTC neoshit thread almost 2 years ago.

EDIT - I did this by tweaking the .conf's most basic settings.

Re: Feathercoin 0.8.7.0 Released - The NeoScrypt Update - Hardfork block 432,000
Anyhoo..

My 280x/hynix is pulling 128 khash with cgminer 3.3.7b and the following settings :
gpu/mem - 1120/1500, win7 x64 cat 14.9 w/ sdk, -I 13, -w 32, -g 2 -g 1

Screenie shows the 280x and 7870 at stock, same settings except -g 1 was used.


edit

both examples used -g 1

They also disabled solo mining so that their pool(s) would have complete control of the network.
133  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Feathercoin [FTC] - time proven, fast, secure and unique POW coin on: July 18, 2016, 03:41:03 PM
Mining can get, quite boring Cheesy

Oh. and yeah, mining can indeed get very boring. they need to optimize the NeoScrypt algo so we can get some performance improvements.

The craptsy insider noobs behind this and many other "new algo" coins already have the perfectly optimized kernel.

134  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: July 17, 2016, 05:33:48 PM
Also.....................

Who runs this site?

http:// dashwisdom. com/

Is not displaying any data

It won't allow the virus scanners full access to the website. Only 1 file ? What about the others ?

https://quttera.com/detailed_report/dashwisdom.com
135  Economy / Scam Accusations / Re: CRYPTSY stopping withdraw locking accounts without notifying users! Class Action on: July 17, 2016, 04:47:04 PM
Do not think for a second that I have forgotten about you, Mr. Washburn. Wink

Do not believe everything that Gleb says, Thanh. All we need to do is simply identify who these maggots are.

Fire Rabbit is Cresty/muddafudda's newest youtube guru/ shill to come across my radar.

https://bitcointalk.org/index.php?action=profile;u=382038

Notice the BTC addy and how they are both equally lacking talent when it comes to youtube vids.. Wink

https://bitcointalk.org/index.php?topic=760143.0

Fire Rabbit Productions - https://www.youtube.com/channel/UCMjwGnazHwuMuPiW-8OLXMg
Colossuscoin - https://www.youtube.com/channel/UCnxsRfsbyeBwz1hn0f7tHjw/videos
Trust No one (Paycon) - https://www.youtube.com/channel/UC9XCibYK65N7hZqEJ6XzTEw



Fake article ala sketchy websites anyone ?

http://quttera.com/detailed_report/thebitcoinrushing.com
http://webcache.googleusercontent.com/search?q=cache:7gTJjrZ1eLIJ:thebitcoinrushing.com/index.php/2016/05/05/bitcoins-max-keizer-predicts-1-bitcoin-700000/+&cd=22&hl=en&ct=clnk&gl=ca


http://webcache.googleusercontent.com/search?q=cache:8B8E3Z5eEfkJ:coins.digitrendmarketing.com/bitcoins-max-keizer-predicts-1-bitcoin-700000/+&cd=24&hl=en&ct=clnk&gl=ca


http://www.nytimes.com/2001/06/06/world/navy-officer-missing-in-philippines-after-ambush-by-guerrillas.html
Quote
A Navy lieutenant (Allen Washburn) was missing on Mount Pinatubo in the Philippines ...

https://www.google.ca/maps/place/Mt+Pinatubo/@14.5658826,121.0059462,8z/data=!4m5!3m4!1s0x33968f671dda71cd:0x608b6fdf07e78094!8m2!3d15.1428768!4d120.3495565

Now where is that post where Leroy aka BigJohnson, is bragging about teaching the locals about cryptos while travelling the Phillipino countryside, when you need it ?


Is it a safe assumption that the only Americans brave/stupid enough to freely travel outside the normal tourist areas are heavily armed ones ? eg. MILITARY


seems smae peopel were between
HYPER - CON - CRYPTSY scams


He/ they are not in China and he/they were never in Afghanistan.

He /they were, likely still are, stationed and/or living in the Philippines. Shocked



@ Bruno

Should I repost my Leroy is BigJ and Cresty is mee/meeh, Philippino connection evidence so you can ignore it (and my previous post(s) ), AGAIN ?

Or maybe.. you need another round or two before you play your "how did I miss that ?" card.. AGAIN. eg. the BitJohn/ owlsly ref link connections


Cue Spoetnoob's fake PM(s) ! Roll Eyes



Have you ever served in the military, Bruno ?

Silence IS compliance.



Where the hell did all you disinfo campaign/shills/moles go ?! hahaha.. Tongue

Question :
What happens to military personnel who reveal their location while on duty and/or in a combat zone ?

Answer :
If BigVern was really stationed in Afghanistan, he would have been court marshaled by now. Shocked


136  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: July 17, 2016, 03:27:46 PM
The price is holding up very well considering the amount of sell pressure that is being generated by development funding etc. We all like to keep hold of our Dash but people gotta eat(!) so I'd expect a fair amount of Dash a month in sell supply just to fund various USD commitments. The fact that the price is remaining steady (and rising) suggests that for every Dash being spent on development we are seeing an increase in value to the project.

Who knows where the price will be over the next year, but one things for sure... Every ounce of development will keep adding value to the project... so over a 1-5 year period I'd expect Dash to keep steadily gaining in value.

Walter


What ! ? Eddufield is a beggar too ? Shocked

Has the fleecing of the noobs really become that easy ?
You are making an intuitive leap here that is inaccurate. Dash is a self-funding DAO, and a portion of the block rewards are allocated to fund budget proposals. Among these proposals are funding to hire developers, establish bounties, and issue deliverable-based contracts. The development happening now is directed toward Evolution, integrations, etc. This is what the above comment was referencing. Exactly zero Dash of the development proposals have been paid to Mr. Duffield, and he certainly isn't begging to anyone.

I guess it really is ! haha..

How is taxing the miners any different ? Beggars and government wannabes both always have their hands out waiting for more.

Its cryptofiat dumbasses like you that have helped the early adopters fuck the crypto movement. WTG !
A reallocation of the block reward is not the same thing as a tax. Economic forces ensure there is ALWAYS an equilibrium level of hash power that will be reached given a certain reward level. If the reward going to miners is 45% of the block reward, a certain amount of hashpower will result that covers the miners costs plus some market-defined level of expected return on capital. If the allocation to miners were increased to say 90% instead of 45% (just picking numbers to make the math easy), mining would become incredibly profitable at the current 45%-equilibrium hashrate and you would see a resulting rush of new investment in ASICs and buildings to house them and electricity to run them... in the end you would end up at a new equilibrium hash rate that was roughly 2x the current level, resulting in some tiny amount of incremental transactional security (e.g., from 99.999% secure to 99.9995% secure after 3 confirmations or something). EDIT: BUT, the expected economic return to the miners would be the same either way... at 90% you simply get twice as much hashrate as you would at 45%. It's simply a question of "how much hashrate should the network buy in order to ensure the desired level of transactional security?"

The beauty of this system is that the network can allocate resources towards activities other than mining... activities that provide more benefit than some insignificant amount of transactional security. For example, funding a code review, testers, or security-related bounties could improve security even more than more hash rate. Or more development resources might find some new way to secure transactions altogether, like InstantSend does. Or funding masternodes might strengthen the number of full nodes on the network and ensures they are professionally hosted. And these are all things that can improve security.

Now start thinking about all the other things that can be funded like marketing, research, business partnerships, integrations, work tools, development software, public relations... the list goes on. All of which provide benefits. Bitcoin's model (and virtually all coins) in which 100% of every block is directed toward only the need of transactional security (and worse, toward only one of many potential approaches to achieving that) is nothing short of stupidity. Even Satoshi recognized the needs for incentivized nodes, for example.

An analogy is imagine a world in which Visa (the first and largest credit card network for several years now) took all of its revenue and directed it ALL at transactional security. They bought the best firewalls, hired security experts, built their own private internet, hired armed guards to surround their datacenter, and generally went NUTS with anything security related. Sure, the network was really slow, it got saturated with transactions during peak periods, it wasn't very user friendly, and they didn't offer support. In order to pay a merchant, consumers had to learn how to use a long cryptographic "public key" that looked like a bunch of gibberish to your average Joe. But the network generally worked better than checks and was accepted at quite a few places and was SUPER secure. Meanwhile, they had no marketing, no PR, no business development, no sales force, no new services being developed, no customer service, and no legal department. Instead, they set up the Visa Foundation to handle that and asked the merchants and payment processors and end users to donate toward those things or perhaps do it on their behalf. Of course, the foundation was usually broke or close to it, so unfortunately, it wasn't that effective.

Meanwhile, a few years after Visa got started, a rival to Visa emerged called Mastercard. Mastercard started out pretty small, wasn't accepted anywhere and didn't have very many cardholders. But it did something Visa wasn't set up to do... it funded ALL its needs. They had a sales department, marketing department, legal department, customer service call center (once they had enough users), etc. They started rolling out new services like speedy transactions, increased transaction capacity, developed entirely new ways to secure transactions, made their product super user friendly, added a rewards program, and (gasp!) actually HELPED merchants get set up on the platform.

Naysayers of Mastercard pointed out how "insecure" their network was. They laughed that it wasn't accepted anywhere. They ridiculed that no one used it for much. They pointed out how puny their marketing budget was. Many, dubbed "Visa-maximalists" even scoffed at the idea that there could be more than one credit card payment network... after all, surely the confusion of TWO payment networks would only confuse customers and slow the adoption of this amazing new technology! And the idea that they want to PAY their developers directly and NOT through a donation-driven foundation? What are those guys over at Mastercard smoking anyways?!?!

Which network do you think survives in this scenario long term? Which one will be forced to adapt or will inevitably fail? In hindsight, it will be blindingly obvious which network should have won all along and how stupid Visa's approach was. When you put the scenario we live in RIGHT NOW in terms of two credit card networks, it suddenly becomes obvious what the better approach for a payment network is, and which project will win and which will fail (or be forced into adaptation). But for some reason, people have their blinders on simply because the underlying technology is different. Why!?!? I don't get how the digital currency world has not woken up to this fact yet.

Give us a few years, then come back and tell us whether we were the "dumbasses".
Amazing write up Ryan, well said!

Yop. Anyone who can kiss eduNOOB's ass for that long without coming up for air, must really know what they are talking about. Tongue

Where is the paragraph which details the 14? 1.9 million coin easymine and/or the reward manipulation(s) and/or the de-optimized mining software and/or the "x11 is gpu only" disinfo ? hmmm ?



Make your home work, troll is obvious since first post.

Which 14 millions??  End of February 2014 the value of those coins was less than couples of BTC,  who give value to those coins? So GFY  Kiss.

I knew I was off lol...

https://en.wikipedia.org/wiki/Dash_(cryptocurrency)#Launch
Quote
Within the first hour of launch, approximately 500,000 coins were mined, followed by another 1,000,000 coins in the next 7 hours and finally another 400,000 in 36 hours. All told 1.9 million coins were mined in 48 hours, or approximately 32% of the current supply (as of October 2015) of approximately 5.9 million, generating controversy regarding the initial distribution of coins. According to Duffield, this was the result of an error in the code "which incorrectly converted the difficulty, then tried using a corrupt value to calculate the subsidy, causing the instamine".

When did you guys make up that coding error excuse ? This is the first I've heard of it.

If there really was an coding error, why didn't he simply just do a relaunch ?

Could it be that he is just another craptsy/ early adopter insider who doesn't give a flying fuck about a fair launch ?

Lets ties those loose ends together shall we ?

EDIT

I see you ! BigVern and/or muddafudda and/or Horus and/or Crestington. Grin
137  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: July 17, 2016, 08:32:22 AM
The price is holding up very well considering the amount of sell pressure that is being generated by development funding etc. We all like to keep hold of our Dash but people gotta eat(!) so I'd expect a fair amount of Dash a month in sell supply just to fund various USD commitments. The fact that the price is remaining steady (and rising) suggests that for every Dash being spent on development we are seeing an increase in value to the project.

Who knows where the price will be over the next year, but one things for sure... Every ounce of development will keep adding value to the project... so over a 1-5 year period I'd expect Dash to keep steadily gaining in value.

Walter


What ! ? Eddufield is a beggar too ? Shocked

Has the fleecing of the noobs really become that easy ?
You are making an intuitive leap here that is inaccurate. Dash is a self-funding DAO, and a portion of the block rewards are allocated to fund budget proposals. Among these proposals are funding to hire developers, establish bounties, and issue deliverable-based contracts. The development happening now is directed toward Evolution, integrations, etc. This is what the above comment was referencing. Exactly zero Dash of the development proposals have been paid to Mr. Duffield, and he certainly isn't begging to anyone.

I guess it really is ! haha..

How is taxing the miners any different ? Beggars and government wannabes both always have their hands out waiting for more.

Its cryptofiat dumbasses like you that have helped the early adopters fuck the crypto movement. WTG !
A reallocation of the block reward is not the same thing as a tax. Economic forces ensure there is ALWAYS an equilibrium level of hash power that will be reached given a certain reward level. If the reward going to miners is 45% of the block reward, a certain amount of hashpower will result that covers the miners costs plus some market-defined level of expected return on capital. If the allocation to miners were increased to say 90% instead of 45% (just picking numbers to make the math easy), mining would become incredibly profitable at the current 45%-equilibrium hashrate and you would see a resulting rush of new investment in ASICs and buildings to house them and electricity to run them... in the end you would end up at a new equilibrium hash rate that was roughly 2x the current level, resulting in some tiny amount of incremental transactional security (e.g., from 99.999% secure to 99.9995% secure after 3 confirmations or something). EDIT: BUT, the expected economic return to the miners would be the same either way... at 90% you simply get twice as much hashrate as you would at 45%. It's simply a question of "how much hashrate should the network buy in order to ensure the desired level of transactional security?"

The beauty of this system is that the network can allocate resources towards activities other than mining... activities that provide more benefit than some insignificant amount of transactional security. For example, funding a code review, testers, or security-related bounties could improve security even more than more hash rate. Or more development resources might find some new way to secure transactions altogether, like InstantSend does. Or funding masternodes might strengthen the number of full nodes on the network and ensures they are professionally hosted. And these are all things that can improve security.

Now start thinking about all the other things that can be funded like marketing, research, business partnerships, integrations, work tools, development software, public relations... the list goes on. All of which provide benefits. Bitcoin's model (and virtually all coins) in which 100% of every block is directed toward only the need of transactional security (and worse, toward only one of many potential approaches to achieving that) is nothing short of stupidity. Even Satoshi recognized the needs for incentivized nodes, for example.

An analogy is imagine a world in which Visa (the first and largest credit card network for several years now) took all of its revenue and directed it ALL at transactional security. They bought the best firewalls, hired security experts, built their own private internet, hired armed guards to surround their datacenter, and generally went NUTS with anything security related. Sure, the network was really slow, it got saturated with transactions during peak periods, it wasn't very user friendly, and they didn't offer support. In order to pay a merchant, consumers had to learn how to use a long cryptographic "public key" that looked like a bunch of gibberish to your average Joe. But the network generally worked better than checks and was accepted at quite a few places and was SUPER secure. Meanwhile, they had no marketing, no PR, no business development, no sales force, no new services being developed, no customer service, and no legal department. Instead, they set up the Visa Foundation to handle that and asked the merchants and payment processors and end users to donate toward those things or perhaps do it on their behalf. Of course, the foundation was usually broke or close to it, so unfortunately, it wasn't that effective.

Meanwhile, a few years after Visa got started, a rival to Visa emerged called Mastercard. Mastercard started out pretty small, wasn't accepted anywhere and didn't have very many cardholders. But it did something Visa wasn't set up to do... it funded ALL its needs. They had a sales department, marketing department, legal department, customer service call center (once they had enough users), etc. They started rolling out new services like speedy transactions, increased transaction capacity, developed entirely new ways to secure transactions, made their product super user friendly, added a rewards program, and (gasp!) actually HELPED merchants get set up on the platform.

Naysayers of Mastercard pointed out how "insecure" their network was. They laughed that it wasn't accepted anywhere. They ridiculed that no one used it for much. They pointed out how puny their marketing budget was. Many, dubbed "Visa-maximalists" even scoffed at the idea that there could be more than one credit card payment network... after all, surely the confusion of TWO payment networks would only confuse customers and slow the adoption of this amazing new technology! And the idea that they want to PAY their developers directly and NOT through a donation-driven foundation? What are those guys over at Mastercard smoking anyways?!?!

Which network do you think survives in this scenario long term? Which one will be forced to adapt or will inevitably fail? In hindsight, it will be blindingly obvious which network should have won all along and how stupid Visa's approach was. When you put the scenario we live in RIGHT NOW in terms of two credit card networks, it suddenly becomes obvious what the better approach for a payment network is, and which project will win and which will fail (or be forced into adaptation). But for some reason, people have their blinders on simply because the underlying technology is different. Why!?!? I don't get how the digital currency world has not woken up to this fact yet.

Give us a few years, then come back and tell us whether we were the "dumbasses".
Amazing write up Ryan, well said!

Yop. Anyone who can kiss eduNOOB's ass for that long without coming up for air, must really know what they are talking about. Tongue

Where is the paragraph which details the 14 1.9 million coin easymine and/or the reward manipulation(s) and/or the de-optimized mining software and/or the "x11 is gpu only" disinfo ? hmmm ?

138  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: July 16, 2016, 09:58:21 PM
Nice steady rise for DASH in the market lately, it's still following that long term trend.  Cool

Im betting $10-$15 new stable range post d10e.

Then as dev ramps up and more services come onboard $15-$30 by years end.

Evolution release next year $40-$80

Yeah, i think we are ready for $12-$15 as a stable price

im ready for $80 as stable price range   Cheesy

The price is holding up very well considering the amount of sell pressure that is being generated by development funding etc. We all like to keep hold of our Dash but people gotta eat(!) so I'd expect a fair amount of Dash a month in sell supply just to fund various USD commitments. The fact that the price is remaining steady (and rising) suggests that for every Dash being spent on development we are seeing an increase in value to the project.

Who knows where the price will be over the next year, but one things for sure... Every ounce of development will keep adding value to the project... so over a 1-5 year period I'd expect Dash to keep steadily gaining in value.

Walter


What ! ? Eddufield is a beggar too ? Shocked

Has the fleecing of the noobs really become that easy ?
You are making an intuitive leap here that is inaccurate. Dash is a self-funding DAO, and a portion of the block rewards are allocated to fund budget proposals. Among these proposals are funding to hire developers, establish bounties, and issue deliverable-based contracts. The development happening now is directed toward Evolution, integrations, etc. This is what the above comment was referencing. Exactly zero Dash of the development proposals have been paid to Mr. Duffield, and he certainly isn't begging to anyone.

I guess it really is ! haha..

How is taxing the miners any different ? Beggars and government wannabes both always have their hands out waiting for more.

Its cryptofiat dumbasses like you that have helped the early adopters fuck the crypto movement. WTG !
139  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][DASH] Dash (dash.org) | First Self-Funding Self-Governing Crypto Currency on: July 16, 2016, 06:33:08 PM
Nice steady rise for DASH in the market lately, it's still following that long term trend.  Cool

Im betting $10-$15 new stable range post d10e.

Then as dev ramps up and more services come onboard $15-$30 by years end.

Evolution release next year $40-$80

Yeah, i think we are ready for $12-$15 as a stable price

im ready for $80 as stable price range   Cheesy

The price is holding up very well considering the amount of sell pressure that is being generated by development funding etc. We all like to keep hold of our Dash but people gotta eat(!) so I'd expect a fair amount of Dash a month in sell supply just to fund various USD commitments. The fact that the price is remaining steady (and rising) suggests that for every Dash being spent on development we are seeing an increase in value to the project.

Who knows where the price will be over the next year, but one things for sure... Every ounce of development will keep adding value to the project... so over a 1-5 year period I'd expect Dash to keep steadily gaining in value.

Walter


What ! ? Eddufield is a beggar too ? Shocked

Has the fleecing of the noobs really become that easy ?
140  Alternate cryptocurrencies / Announcements (Altcoins) / Re: Feathercoin [FTC] - time proven, fast, secure and unique POW coin on: July 16, 2016, 03:53:20 PM
Hi! we created a multicurrency dice site: www. cryptosdice. com

We are looking for people that want to be part of the Feathercoin bankroll! on july 11 we are going to activated those currencies with enough bankroll. We think this is a good opportunity for Feathercoin community as it offers many advantatges:

1 - A way to spend Feathercoin  - dice games are a good step in any crptocurrency development.
2 - A way for investors to earn.
3 - Feathercoin  wins visibility, It will be displayed in our website next to btc or ltc. Also our site have faucet for any of the altcoins accepted.
4 - Affiliates earn coins in the original bet currency, so users that don't know about Feathercoin  may find they have some balance of this currency because their referrals's earnings and start to learn about Feathercoin .

Thanks for your attention

You sound like every other crypto fundraiser/ beggar that I've met/trolled. lol

42Dice aka. hendo420 and/or maco, tried to get others to fund his scam dice site in very much the same way.

Also, please tell us why you chose to support a coin (and it's greedy scammer devs/ insiders) that exploits miners with de-optimized kernels ?
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