Peercoin is the only coin that can not only go to 1:1 but far far exceed it, why? Because it is designed to. No other coin is even aimed at the backbone, high value market. They are all TPS/RETAIL orientated. High value transactions and the bulk of real wealth are not in retail/high TPS. They are in currency swaps, exim loans, large projects, forex settlement, balancing the nightly, buying houses / real property etc. Only Peercoin is set up for this, and the other coins and 99+% of even crypto people don't get it. However those with large amounts of FIAT will. In here for example, For many BTC ers' the catch cry is BTC on AMAZON / EBAY which is similar to LTC on GOX. Or when can I buy shing bauble at store x. The money is not on AMAZON/EBAY/WALMART/APPLE. They are small time business with little financial importance. Eg the largest companies are some 20x Apple and is private and you have likely never heard of it. That's right around 10T. http://en.wikipedia.org/wiki/Saudi_Aramcothen there are other state owned enterprises that are similar or greater in magnitude. microsoft has money because it takes 50$ of everyone every so often for an upgrade. Gov's take multiples of that every day. BTC will go to 100K and Peercoin can go further. |
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what will be the maximum theoretical TPS of POI?
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Great news!
Peercoin, the original POS coin and going for the high value transactions/backbone currency.
Community is really good and one of the few coins with multiple projects/clients.
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good stuff!
we can make more eg explaining why peercoin was the first POS and now many if not most new coins copy peercoins pos.
Also Peercoin captures the high value market, [backbone was mentioned].
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while I hold a small amount of IXC, I have long been of the view IO coin is the better chain due to the better launch and other features, and gain a large hash security.
I would highly recommend that IXC coiner re-balance holdings largely into IOC.
I even like the name as it is similar to .io and also like a 1/0
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BitCoin will never probably go that high as it will face competition from newer better altcoins. The total market capitalization off all cryptocoins is expected to increase exponentially but BitCoin's share will gradually decrease.
At some point people have to collectively decide what they're going to get behind. You can't operate a very useful economy if it's hopelessly diluted by countless clones. altcoins are way behind Were are the altcoin ATMs, where can you spend your altcoins? Nowhere, and you can't end of story. Altcoins are just a pump and dump pyramid scheme and they don't serve much other purpose. If any altcoin actually improves on some aspect of bitcoin, it will be far easier to just change that aspect of the bitcoin protocol rather than having to rebuild all the infrastructure over and over. Bitcoin is finally getting some traction in the physical world and big online companies are starting to notice it and sometimes even thinking about implementing it, but they'll never even stop to think about using scamcoin 3000. ATM will no longer be needed they are going to disappear. Mobile BTC device. Thats all you need. |
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why would you connect to the internet at all with hardware used for use if wallet.dat and private keys?
sign transactions, then use a usb to transfer, or copy over a single private key import and spend all back to a private key that has always been offline.
there is no need to snych the bitcoin cold storage computer to the internet ever. Put a screwdriver through your ethernet/wifi if you have it.
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Crypto's are going multi trillion in today's prices, eg 2.1 ~ 21 T no worries.
Microsoft was just another os/word processor, not a breakthrough.
BTC is money itself and a lot more.
Just one difference is , if Microsoft spends all of its money it has to make it back.
Bitcoin does not the buying power always sits there.
The magnitude of the break through that is BTC is hard to comprehend.
There is no conceivable way FIAT, old style banking, law making, regulation or states will survive as they are now.
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the problem is this everyone holding out for x price in BTC to dump into BTC.....see that there....
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Not sure how you think we can outbribe the regulatory capture motherfuckers. We don't have hundreds of trillions of dollars.
Yeah that is a tall mountain to climb. Maybe targeting the few truly honest ones would be best early on. If we get a nice rise in market cap we could compete but that is a ways off. Politicians are funny things, they only want to talk to you when you are running against them....then they want to cut deals, otherwise you are a no body |
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BTC is 100% anon if you use it right and with various utilities.
Dark is a joke, its not even anon. DRK is th enew FTC.
it went, FTC --->QRK---->DOGE---->Blackcoin---->DRK----???this is the dump cycle.
Anoncoin seems to be much better.
Bitcoin is not anonymous in the least. It's more open and transparent than Paypal. Even if you tried to hide your tracks through mixing, there's a very high possibility that you would recieve tainted coins(your own coins sent back to you), and that would unveil your tracks.... Not to mention, as I type, there are people designing programs to follow every transaction a Bitcoin address has had and will make, that would obliterate any kind of privacy one can hope to attain through mixers.. how do people even know I own which coins in the first place....! Any exchange you used know which coins you own. Any individual you do trades with know which coins you own, etc etc. So if one never used and exchange or never met anyone to buy btc, cash only deposits into a bank account, no ID. you are good to go. |
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BTC is 100% anon if you use it right and with various utilities.
Dark is a joke, its not even anon. DRK is th enew FTC.
it went, FTC --->QRK---->DOGE---->Blackcoin---->DRK----???this is the dump cycle.
Anoncoin seems to be much better.
Bitcoin is not anonymous in the least. It's more open and transparent than Paypal. Even if you tried to hide your tracks through mixing, there's a very high possibility that you would recieve tainted coins(your own coins sent back to you), and that would unveil your tracks.... Not to mention, as I type, there are people designing programs to follow every transaction a Bitcoin address has had and will make, that would obliterate any kind of privacy one can hope to attain through mixers.. how do people even know I own which coins in the first place....! |
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I am not a dell fan but this is good news for bitcoin. The more retailers that accept it, the higher the price will go. If we can get ebay to start taking it (I doubt it) we will be well on our way to long term success.
have you seen any retail acceptance ever make the price go up? I don't know how people can not see that retail is a small low value part of the economy |
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NEW ECONOMY MOVEMENT"A New Economy Starts With You."PROOF OF IMPORTANCE | ASSET EXCHANGE | ENCRYPTED MESSAGING | ONE-CLICK INSTALL CLIENT NEM OPEN ALPHA WITH ONE CLICK INSTALL IS HERE - LET THE GAME BEGIN!
RELEASE DATE AUG 2014
SLIPPAGE - 1 month
that's all you need |
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Isn't it about time we were making/repealing the regulation? Existing political candidates see the potential of BTC to fund them, yet we as a community seem to have no political party or candidate? This thread is to develop - a party,
- platform,
- strategic jurisdiction to run in
- candidates.
- funding
getting elected candidates in means deals can be brokered, even just running sends a message. Essentially we need a candidate(s) and political party to run for a legislature , either lower or upper house. Register party. Select candidate. The party needs to have its policy set out which is kinda pre written in this forum. Run in a high profile jurisdiction like NYC state level or if you want federal. Whatever legislature this regulation NYC guy's works for would be good. At that point your independent can be BTC funded. deals can then be brokered and BTC is the boss of regulation. given the right platform...there is enough BTC out there to really fund our political party. if successful BTC wins....rinse repeat in other jurisdictions. |
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Finally is it about time that some BTC candidates run from (for?) the community.
I'd love to hear more about this process and what you think needs to happen.  Essentially we need a candidate(s) and political party to run for a legislature , either lower or upper house. Register party. Select candidate. The party needs to have its policy set out which is kinda pre written in this forum. Run in a high profile jurisdiction like NYC state level or if you want federal. Whatever legislature this regulation NYC guy's works for would be good. At that point your independent can be BTC funded. deals can then be brokered and BTC is the boss of regulation. given the right platform...there is enough BTC out there to really fund our political party. if successful BTC wins....rinse repeat in other jurisdictions. |
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Bit coiners by being bit-coiners vote for their own personal sovereignty
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man, all this good news and the price still remains unchanged.. not complaining too much though, it will probably just make the next bull-run more explosive.
To be completely honest, Bitcoin getting accepted by more and more companies would not increase the price, if anything the price would decrease more since those companies immediately sell any bitcoins they acquire from users buying their products...The only way the price would increase is if a large amount of people decide to buy Bitcoin at relatively the same time. Other than that, it's all speculation and doesn't warrant a price increase. yes this, it makes BTC more transactional than store of value, so possibly early adopters with a stash can cash out their BTC, but the price is pushed down. What is the benefit to acquire BTC then buy something with it straight away...not much at the moment as it cost a % cost to acquire from fiat. There is a sfatey aspect of not Credit card...and avoiding those fees. Store of value and large transactions are important. That said, these large players may actually choose to keep a % of BTC...I know I would! To date though I am not sure and retail adoption has seen the price increase.... |
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Alt-coins that aren't using Bitcoin's codebase are the only ones that stand a chance to even remotely stand alongside/compete with Bitcoin."
I certantly wouldn't agree there. For people that are actually willing to write code an inability to just copy and paste is not much of a barrier. How about, you know, actually offering a distinct value that justifies having a whole other currency (e.g. friecoin)? Edit: I removed some spam plugging Bytecoin based (e.g. bytecoin, monero, fantom, etc.) coins from this thread which also spammed other threads— but to the extent that there was a genuine misunderstanding, and not just a desire to spam I figure I should comment... the bytecoin ring signature is pretty straight forward to add to Bitcoin— though it implies a pretty considerable scalability tradeoff. Andytoshi and I have come up with some pretty substantial cryptographic improvements, e.g. https://download.wpsoftware.net/bitcoin/wizardry/brs-arbitrary-output-sizes.txtI pretty much agree with gmax here. See there are so many people wanting feature x y z....firstly those features are almost always hype as in not really a feature and not delivered anyway. Eg faster transactions. Anyone who has played any FPS should understand latency times, and how this limits data between different points. "faster" block times in BTC code base just mean more orphans, and pternitally more competing chains. But so many people don't get this. BTC needs to be just BTC. If improvements are genuine, then the forked coin will survive on that basis. It is far preferable to have competent dev on BTC, did you see the devs on the last release? Gmax and friends should not be constantly peppered with I want feature X. The crytpo landscape at the moment is dividing in BTC/Peercoin/POS/NXT/Ripple/CPU coins.....?Maidsafe/etherium? if you feel strongly go and dev a coin or pay some one to dev a coin |
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BTC is 100% anon if you use it right and with various utilities.
Dark is a joke, its not even anon. DRK is th enew FTC.
it went, FTC --->QRK---->DOGE---->Blackcoin---->DRK----???this is the dump cycle.
Anoncoin seems to be much better.
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