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13101  Alternate cryptocurrencies / Altcoin Discussion / Re: [BCN] Blockexplorer - call to arms on: April 10, 2014, 07:03:13 AM
Is a useful block explorer even possible?  Blocking one seems to be largely the point of the privacy features.

It would only be useful as far as viewing transactions. Addresses are encrypted and have different values for every transaction.

Even the amounts of transactions are obfuscated. I'm not sure what you could see in a block explorer other than maybe volume of transactions.

13102  Economy / Lending / Re: Loans offered on: April 10, 2014, 04:31:38 AM
What is your collateral?

Looking for .10 BTC loan plz to complete a purchase that I'm short on. Will pay back by Monday. Thanks!

17CkEn7WsDt3mnioehCeEiXxjd9BpPzTq1

Are you still going to loan btc to her/him... that tag though~~

In all likelihood, no. Aside from the tag we have:

3. Use of a seemingly realistic first/last name as their forum account name
...
8. Any user blatantly claiming to be female

and probably more.
13103  Economy / Lending / Re: Islamic Bank of Bitcoin - LOANS on: April 10, 2014, 12:54:32 AM
A rep loan is the dumbest thing in the world... only reason you need to build rep on purpose is to scam.

This is not entirely true. People can be divided into more or less three categories.

1. Honest and trustworthy
2. Dishonest scammers
3. Honest but still not trustworthy because they make frequent bad decisions and are irresponsible.

A history of behaving responsibly will tend to eliminate possibility #3. Other methods are necessary to distinguish between #1 and #2.
13104  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech launches a new line of ASIC miners - Best W/GH/s ratio on: April 10, 2014, 12:08:21 AM
We're certain that we'll deliver it according to spec on the defined schedule.
This is not wishful thinking or overselling. This is based on the exact status of our 2nd gen project.


Then you should have no problem offering refunds if you miss, correct?
13105  Economy / Lending / Re: Loans offered on: April 10, 2014, 12:03:44 AM
What is your collateral?

Looking for .10 BTC loan plz to complete a purchase that I'm short on. Will pay back by Monday. Thanks!

17CkEn7WsDt3mnioehCeEiXxjd9BpPzTq1
13106  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech launches a new line of ASIC miners - Best W/GH/s ratio on: April 09, 2014, 11:04:27 PM
What Bitmain product that can compete with this is in stock and shipping today?  S2 has no info on a batch 3 as to when they will be able to be bought or shipped.  There are MANY who have had problems out of the box that were not the result to shipping damage.  Hopefully the batch 2 customers are on a better boat.

They have plenty to fix before the S2 past batch 2 will be flooding the market.  So please STFU!

Neither company has anything available to ship at the moment. One company is accepting customer money for products they don't have, and the other company is not. See the difference?

13107  Economy / Auctions / Re: AntMiner S1 on: April 09, 2014, 10:20:56 PM
As I said it looks like an S1. The one being sold is on the right, next to the PSU. PSU and cables not included of course.



13108  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [BCN, not BTE] Bytecoin (CPU-mining, true anonymity) + Giveaway on: April 09, 2014, 09:58:05 PM
I would like to know if maybe this 'premine' is somehow meant to be distributed to the international community. If they don't sell them cheap, they'll give them away for free? It would eliminate the stigma of Bitcoin being 95% owned by western, upper middle class men.

I agree there could very well be legitimacy to it (and I have said so on several of these threads). But unless they come out and tell us or show us, we can only assume there isn't. Legitimacy doesn't work according to benefit of the doubt. Put up or shut up.



13109  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech launches a new line of ASIC miners - Best W/GH/s ratio on: April 09, 2014, 09:56:15 PM
Ok, but you DID pre-order stuff in your lifetime. What's different now? Why was ok last time and it's not ok now?

I'm not the guy you were replying to, but speaking as someone who preordered (once) from BFL, all I have to say is learning from experience.

I won't be doing it again any time soon.
13110  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: *[BCN (other bytecoin)/BTC]* Google Spreadsheet Exchange on: April 09, 2014, 09:47:58 PM
Available for trading for the next several hours. PM me or post.

13111  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][?] A new coin based on CryptoNote technology (BCN fork) on: April 09, 2014, 09:44:44 PM
I'm not sure either is a good idea. With a BTC-like model if you end up with high coin values then people then want to switch to mBTC or uBTC because >2 digits after the decimal are hard to deal with. 

True, but if the decimal is changed to a max of two then you need to have more max supply in my opinion. Im not a prophet or supporter of a high coin value when there can be more coins and serve the same purpose.

If you don't change the atomic units you can put the decimal wherever you want. It's a totally arbitrary convention. I'm arguing that a model like BTC that starts out with small (2 digit) reward units ends up with small fractions of a unit for ordinary transactions if the coin becomes widely adopted and gains in value. This seems not to be a widely-liked attribute of BTC.

13112  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][?] A new coin based on CryptoNote technology (BCN fork) on: April 09, 2014, 09:37:01 PM
I will be full supporting this.

Did you think about just changing the 2^64 parm to something like 2^56 and keep the Atomic Unit/Decimal in place? I dont see proper a reason on changing the decimal point?

I'm not sure either is a good idea. With a BTC-like model if you end up with high coin values then people then want to switch to mBTC or uBTC because >2 digits after the decimal are hard to deal with.  

In fact I say avoid changing things just to change them.

There are some (potentially) good reasons for changing the reward schedule and for rejecting the legitimacy of the dark web premine unless they want to come out of hiding and show us why their coin is worth adopting and is not just a premine.

The rest I don't really see a need to change at all. Less code and design changes, less risk of unforeseen issues and bugs. The existing code seems to be somewhat well tested.

13113  Bitcoin / Hardware / Re: [ANN] Spondoolies-Tech launches a new line of ASIC miners - Best W/GH/s ratio on: April 09, 2014, 08:38:26 PM
PRE-ORDER model that funds development ...
RockerBox ASIC (our 2nd gen ASIC inside SP30) development wasn't funded from pre-orders.

Money is fungible. If you taking pre-order money for something that doesn't exist yet then by definition the pre-orders are funding (in part at least) development.

If you have adequate VC funding to absorb the risk of getting to shipment, you can demonstrate this convincingly even with a pre-order shipping queue model by only taking a small deposit up front and the rest upon shipment.

13114  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [BCN, not BTE] Bytecoin (CPU-mining, true anonymity) + Giveaway on: April 09, 2014, 08:29:24 PM
i think it's a sign that they know about us and our discussion here
and that guy, godimtired, offered me to buy all my BCN again but with higher price. someone wants to hide bytecoin back, doesn't he?

We should let them have it and support thankful's fork as a non-deepweb version of it.

i don't support this idea with forking. we are free to do it, but should we?
adam back said every cryptocoin "need a reason for existence; but to make you rich is not a reason"
the fact that we are a little bit late to this train is not a reason at all too. cause there will always be somebody who is late.
Showing up late is one thing -- most people on this forum were "late" to BTC relative to its 5-year history. But this wasn't even made available to the general public until 80% of the supply was mined. That's qualitatively different and delegitimizes it in my eyes. It's also just plain bad for market confidence because the history is unknown. That said, I'm sure BCN can continue on successfully for whatever deepweb markets it serves. For us, it makes sense to start afresh for active development and transparency. The parameters could also have been better chosen (longer mining horizon) and I personally don't think CPU-only mining is secure.

There is a valid argument that bitcoin is still not available to "the general public" because it is too complicated and hard to use. In that sense we are all early adopters (i.e. insiders) who collectively own ~60% of the coins.

The dark net is a bit more obscure than the bitcoin community but from the point of view of the non-technical general public the difference is not so large.

Whether this alleged dark net adoption actually exists is another question. It may well be that the mining schedule is too fast, but I don't know.
13115  Alternate cryptocurrencies / Altcoin Discussion / Re: [BCN] Blockexplorer - call to arms on: April 09, 2014, 08:25:32 PM
Is a useful block explorer even possible?  Blocking one seems to be largely the point of the privacy features.

13116  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [BCN, not BTE] Bytecoin (CPU-mining, true anonymity) + Giveaway on: April 09, 2014, 08:15:09 PM
i think it's a sign that they know about us and our discussion here
and that guy, godimtired, offered me to buy all my BCN again but with higher price. someone wants to hide bytecoin back, doesn't he?

We should let them have it and support thankful's fork as a non-deepweb version of it.

i don't support this idea with forking. we are free to do it, but should we?
adam back said every cryptocoin "need a reason for existence; but to make you rich is not a reason"
the fact that we are a little bit late to this train is not a reason at all too. cause there will always be somebody who is late.

The question is whether there actually is a train.

If it is just a few people holding the existing coins but no real development of a market, that is nothing but a preminel which is the worst case of 'to make you rich.' If the coin actually has significant adoption, value and usage (even if not apparent right now), then I agree with what you said.

The other valid point in favor of a fork would be whether a design that promotes CPU mining is actually a good idea. I happen to personally reject the argument that botnets are a problem, but I see it as a valid argument.
13117  Economy / Auctions / Re: AntMiner S1 on: April 09, 2014, 08:05:44 PM
picture Looks like a s1?!?!

What would you expect?

To be an s1 not look like one.

It's an S1 that looks like an S1 Smiley
13118  Economy / Auctions / Re: AntMiner S1 on: April 09, 2014, 07:56:29 PM
picture Looks like a s1?!?!

What would you expect?
13119  Bitcoin / Pools / Re: [6600Th] Eligius: 0% Fee BTC, 105% PPS NMC, No registration, CPPSRB (New Thread) on: April 09, 2014, 11:37:42 AM

Quote
Hashrate:   5,211.52 Th/s   Round Time:   6:50:52
Round Shares:   29487875118   Round Luck:   20.8%


is this normal  Huh

Yes it is entirely normal you will have bad luck sometimes. If you never had bad luck, that would be very abnormal.
13120  Economy / Lending / Re: Loans offered on: April 09, 2014, 06:33:12 AM
New loan to tkeod. I'm giving seller financing on the sale of two AntMiner S1s which are held by me as collateral until paid off.  

The loan payoff address is (starting balance 0.97468)

https://blockchain.info/address/1MHEksaozf6Bz1W5Bn1Ets9ZwS1zVD9DPJ

Once the balance at that address reaches the starting balance of 0.97468 plus the sale price of 1.768 (0.893 x2) plus hosting at 0.075 per miner per 14 days (due in advance, but only 0.0375 per miner for the first week) plus interest of 1% per week (due in advance), the loan will be considered paid off and the miner will be shipped to tkeod priority mail at the seller/lender's expense.

One additional AntMiner S1 previously purchased by the borrower is being held by the lender as additional collateral. Hosting for this miner is 0.075 per 14 days (due in advance), with one week of hosting already paid for. This hosting fee will be added to the loan balance starting after the first week.

The minimum payment is 0.4 BTC per week.

If loan not paid in a maximum six weeks, lender can keep the miners and any payments to date.

Initial balance of the loan is 1.87961


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