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To get the 5K stellar, they require most of your personal info and picture from FaceBook.
This is a fairly serious privacy issue.
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wtb 5k stellars for 0.00001 BTC
edit::purchased, offer closed
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100K a coin is not *that* high. I just look around and see the amount of money sloshing around in the real estate market (where I am) and it point to a massive amount of printing/lending/increase of supply year on year. Eg the price has risen 15% each year in hte last two years alone and does about 7~10% every year on average. The average price per house is not far of $1 Million. The gov FIAT printing machine it turned ON.
1 million is quickly becoming....well not that much really as far as buying power goes
It's like we are in hyperinflation but no one has said so publicly yet.
I expect BTC to be 1K a coin by March 2015, 10K 13 months after that and 100K 13 months after that.
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Retail does not much matter.
In fact I have yet to see any retail adoption help the price.
It only really drives price down in the short to mid term as early adopters have an avenue to valueate their BTC.
Long term its ok though.
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Actually I've read that the first trillion dollar company may be a bitcoin related company
Satoshi is like the mist, vapor, intelligence reports say the name is FAKE
So if he does have 1M coins 1K btc makes he only a billionaire
$100K btc could have to occur to make him a trillionaire IF he really owns 1M bitcoin
Now if 1M btc occurs he would be the first 10 digit trillionaire IF he really owns 1M bitcoin
Apple is or is one of the top valued companies in the world, only 600Bil in cap value.
Now a company that acquires a large percentage of btc or develops must use tech for btc or a legit btc exchange or bank, may become a trillion buck asset in the article I read.
I'm sure the NSA knows who he is and from what I've heard they think he's a composite of multiple people.
Through reading the core code.
So the original 'people' creating satoshi all had their original ip's traced down from years ago and the spooks know who the movers are
That's my OPinion
Now you can all say Satoshi is real, he exists etc.
Maybe one person wrote the white paper on bitcoin, but the core had several personalities on it from what I've heard.
So let's say it was 4 people, 250K of the 1M stash each then
But if one person, ok they say 'he' or it may be a she or whatever, owns 1M btc
If he or she steps out into the light, and says here's my public keys then that's how you know what the person owns IMO
Now if you all have some old post here showing how he acquired 1M btc so fast, fine, if no miners maybe he did, at what point did mining become hard enough not to produce many coins.
So a graph showing when coins were minted can be used to figure out # of miners and then it may be possible to figure out what miners got the easy early btc
there are already many > 1T companies and at least 1 x 10T companies, they are just private/gov. Eg Saudi Aramco |
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Nxt and PPC use the same algo except NXT is trying to develop a look ahead forgeing known as transparent forgeing, which as I understand it has not been implemented yet. Also NXT uses a 720? rolling block checkpoint to stop re-orgs.
Sunny King appears to be offerigng opt out checkpointing in PPC 0.5
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the transaction cost is fixed at 0.01 PPC (ATM) no mater what size transaction you make. You get the 1% back by POS. P.A.
Both tend to high value transactions, and not spam.
I recently reinstalled the Peercoin client, it's quite amazing how quick it is to download the Blockchain even though its one of the older chains.
Basically the opposite of waiting for Doge/LTC and similar.
Well, that's not an elegant solution... it is elegant for the object of the chain. |
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Some reflection on backbone currencies may yield the a view that the utility of high security far out weight micro transaction for store of wealth.
Backbones can run 80% of the economy, the other 20% purchasing from starbucks/retial cannot.
Notice how when say Target/or K-mart fail or some other retail store, nothing really changes to you quality of life, and another provide can pop up.
Notice how your quality of life changes when you make large payments...eg house......these large payments is where the value is.
BTC seems to take a slant toward more security than TPS, which is a fine balance and probably the right one. The entire system crumbles is security is compromised, or even perceived to be lessened by centralization.
The example of the thin blockchain set up for high value low TPS is Peercoin. Down load that block chain and see exactly how fast it is, the contra of LTC/DOGE and basically everything else that is bloating itself out of existence, by haveing to many "features" and not enough focus on a clear objective
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the transaction cost is fixed at 0.01 PPC (ATM) no mater what size transaction you make. You get the 1% back by POS. P.A.
Both tend to high value transactions, and not spam.
I recently reinstalled the Peercoin client, it's quite amazing how quick it is to download the Blockchain even though its one of the older chains.
Basically the opposite of waiting for Doge/LTC and similar.
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Apart from PeerCoin are there any other chains that are set up to be anti bloat?
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so basically storj aims to be a backend services integrator, need storage you find best alternative etc, need decetralised contract....which etherium/nxt/ etc....
this could work as windows aggregates storage / cpu/ etc into a useable interface.
you appear to be building a product that allows the average joe to not have to follow the latest ipo/invest, rather just use storej on top of that, and you guys build the abstraction interface
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Can someone from the Ethereum Team, or ETHSuisse, please explain the rationale behind liquidating the company that would have just created Ethereum, shortly after the Genesis block? ref: page 3 of 32 of the T&C of the Genesis Sale The Ethereum Platform is being developed primarily by a volunteer contributor team -- many of whom will be
receiving gifts of ETH in acknowledgement of their dedication -- and will continue to be developed on a
volunteer basis by some developers as well as under a more formalized contracting or employment
relationship for other developers. The group of developers and other personnel that is now, or will be,
employed by, or contracted with, Ethereum Switzerland GmbH (“EthSuisse”) is termed the “Ethereum Team.”
EthSuisse will be liquidated shortly after creation of genesis block, and EthSuisse anticipates (but does not
guarantee) that after it is dissolved the Ethereum Platform will continue to be developed by persons and
entities who support Ethereum, including both volunteers and developers who are paid by nonprofit entities
interested in supporting the Ethereum Platform. It makes the system less amenable to legal action, so thats good. the TOS actually more or less say we promise nothing, and risk is all yours anyway. |
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100K easy
1M each is not out of the question.
I mean the worlds largest company is 10T and it only pulls oil out of the ground
BTC is the whole damn money side of things so 2.1~21T sure ok.
the stronger BTC gets the more chance to do this as more value money on the table to do things with.
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Devs cancelled the first IPO in order to work on details and come up with a decent IPO plan. Instead they've just started IPO with no info whatsoever. Maidsafe investors got about 20000 coins for 1 BTC, devs set a cap but still investors are pretty much fucked. Ethereum devs only offer 2000 for 1 BTC, didn't set a cap, didn't post any info about total amount of coins, mining plan, devs stake ect. Looks like another big disappointment: eMunie, Maidsafe, Ethereum.
Indeed I m not understanding which is the total amount of the coins? Who knows? the number o of eth ~ 2000 x BTC IPO + 10%ETH DEV + 100% mining. this is very rough |
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when does Maidsafe actually release a product??? Also how is the ether priced in the system. if is open sourse, what is to stop and eth competitor launching and makeing processing cheaper. how is running a program costed.....anything above normal cpu costs per cycle minus cloud/vm penalties looks to be quite open to arbitrage.... the only way to do this is to divide the total computable network power to compute by the number of ether minted. Also where does the used ether go??? to miners? infact Vitamin B envisages this "It is very likely that alternative versions of Ethereum (“alt-etherea” or “forks”) will be released as separate blockchains, and these chains will compete against the official Ethereum for value. Successfully purchasing ETH from the Genesis Sale only guarantees that you will receive ETH on the official network, not any forks." https://blog.ethereum.org/2014/07/22/launching-the-ether-sale/ |
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to save trawling through the ETH thread, Put all your ETHERIUM IPO ISSUES HERE. https://www.ethereum.org/I will kick off with a few: [1]What has Mr. Vitamin B actually Dev'd...? [2]It looks like Ripple is also doing the contracts thing how does it differ to ETH? [3]NXT seem to be also doing the contracts thing, so how does it differ to ETH? [4]Is the final code/functions of ETH supposed to be decentralized, and if so to what extent. EG will there be UNL like Ripple? [5]What is the basic TPS of ETH/Blocksize and time or equivalent. >>A concept block protocol allowing for a 12-second block time, soon to be implemented Legal note: ETH has explicitly stated it will comply with legal orders. This means all of your IPO funds are open to seizure by any GOV. An IPO like NXT avoided this completely. Depending on the code base it may be that ETH if not decentralized can take by legal order to fork to get your funds or identify you. Maybe someone can clear this up in relation to the code base for ETH. |
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My questions are these
[1]What has Mr. Vitamin Bulteric actually dev's in the past......?
[2]It looks like Ripple is also doing the contracts thing how does it differ to Eth.
[3]NXT seem to be also doing the contracts thing, so how does it differ to ETH.
One note is :
ETH has explicitly stated it will comply with legal orders.
This means all of your IPO funds are fully seizable by any GOV that wants to.
Depending on the code base it may be that ETH if not decentralized can take by legal order to fork to get your funds or identify you. Maybe someone can clear this up in relation to the code base for ETH.
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Git hub asked me for my key chain access so ok I gave it.
then the processor a few minutes later went >100% and temp 100C
checked processes.....could not imediately see what the issue was, stopped firefox.
then as I was doing this an icon poped up that was sparkle_update and looked like it was installing something then finished whatever it was doing
I am about to nuke my mac book pro.
any knowledge of this by anyone?
I dont keep any BTC info on this computer as it is internet connected. Always cold storage. But that doesn't matter as I will not tolerate any virus on any computer.
I have hard drives pre ghosted ready to install for such situations so its fairly easy to do.
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rally's that go over ATH when breached seem to be really go on to a new ATH by some margin
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when DOGE forks to POS and stops the block reward to a hard cap, or similar a asymptotic cap then it will recover.
The problem is the crowd that understands much wow are orthogonal to those that understand 10K coins per block for ever = % wise less money supply.
Also the founder who was rude to Coblee has not helped DOGE's cause as much as he could have.
QED
I don't think you quite grasp what QED means. Yeah we need to take action on making it POS, if this continues it will keep falling til 10 satoshis.  your right I didn't set out a proof. I suppose after this happens and if price goes up then I could say QED. |
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