i hope risto p. did not hit his hands on full load of shit this time.
still time to sell.
seems like we are ending to monopoly xmr, one person collecting soon 5% of daily mined coins.
yep, and only because of close source miner, claymore, he kills the coin.
Are you trolling.... GPU doesnt earn more coins than a high end CPU. I've tried mining with a GPU using Claymore's miner and got LESS than I did with my CPU and EC2 instances. Claymore miner is horrible...and doesnt earn anywhere near 5% lmao. ec2 is expensive.. i can run now 2.6khs on my gpus, its 30x cheaper than ec2 this costs me 1000w, count that and see that when gpu miner came out, hash went from 3mhs to 12 mhs Hashrate went up because there are lot more bitcoiners who have GPU's from mining previous coins. But, the GPU miners for monero are not as good as a high end CPU. Making assumptions about things you dont know about wont get you anywhere, it looks pretty foolish. I'd say, buy a high end CPU with a lot of RAM, and mine Monero, you'll get way more coins than using the Claymore miner with a GPU. I've tried.. |
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Hey guys! Welcome to our pool Minergate.com. We support mining of Monero and offer two reward models - PPS and PPLNS (you can choose suitable method for each currency individually). Moreover, we have the lowest fees on the market (2% PPS, 1.5% PPLNS). Enjoy the most profitable on our pool! Regards, Minergate.com Enjoy the most profitable mining on our pool  Don't use Minergate. You will lose your coins. They won't pay. Its been a month and i have yet to receive my missing coins. They said they were "having issues with billing system" and have yet to restore my missing coins to my balance. They are focusing on adding new features rather than fixing their current system! Withdrawals will become buggy and you won't get your coins! Very slow customer service. I have been sending emails requesting update on my case and i get nothing back. TRUST ME, DON'T USE MINERGATE!We finally fixed our billing and withdrawals work fine now. Сheck it yourself. Yeah the Withdrawals may work now but my balance still shows Monero 0.000000000000 I would like my missing coins back >>> Ticket N808 Just dont use Minergate.... |
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It's funny that all people against Bytecoin are just posting bullshit, while their opponents at least provide proof links for their arguments.
Oh, that's okay... no need to link to anything. I can do it right here... Fact #1 (Widely known) announcement of BCN on bitcointalk: March 12, 2014 Fact #2 Quantity of issued coins as of March 12 2014: ~147 billion. Fact #3 Total number of coins to be issued: ~184 billion. Conclusion: 147 billion out of 184 billion ~= 80% BCN mined before widely known release, i.e. effectively pre-mined.Questions? EDIT If I take the April 2013 Google search spike for 'Bytecoin' as evidence that there was some awareness of BCN at that time, a year before the bitcointalk announcement...  ... then it's still a 97B/184B ~= 53% pre-mine.  Bump |
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i hope risto p. did not hit his hands on full load of shit this time.
still time to sell.
seems like we are ending to monopoly xmr, one person collecting soon 5% of daily mined coins.
yep, and only because of close source miner, claymore, he kills the coin.
Are you trolling.... GPU doesnt earn more coins than a high end CPU with cryptonote coins. I've tried mining with a GPU using Claymore's miner and got LESS than I did with my CPU and EC2 instances. Claymore miner is horrible...and doesnt earn anywhere near 5% lmao. From the Claymore miner thread: This miner isn't that much fast than some of the cpu's out there. A high/mid end AMD or Intel can match some of these speeds.
Is the power consumption low with this miner?
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Come on, think about it. You don't create a brand new technology to secretly mine it for 1 year, it just doesn't make any sense. Bytecoin was mined by several teams of miners that was confirmed by the developers and by CryptoNote.
You have to face the ugly truth. If you didn't know about the coin, it doesn't mean it didn't exist. Or gravity should you say didn't exist before it was discovered?
As was stated countless times... Bitcoin was mined by a few people too for a VERY long time. And there was no announcment on BitcoinTalk, hell, there was no BitcoinTalk.
So what? Bitcoin deserves **? If you don't know about something - it does not mean that nobody know.
These are actually valid points. Being listed on the Bitcointalk.org from the moment of coin's launch isn't a single criterion to determine if it was premined or not, and it can't be. Just think about how bizarre that sounds: a site that has no affiliation with a forum adds a coin, mining of which was in no way restricted to new users, and now it has to attribute a premined status to it based on the coin's abscence on the said forum. The point about Bitcoin is also sound, we've all seen this chart:  Yet everyone is all right with Gliss not adding ** next to Bitcoin. You guys are confused. You cannot Compare Bitcoin to Bytecoin. Bitcoin was the first cryptocurrency and as such, it was obviously hard to get skeptics interested in the early days. However once Bitcoin became bigger, tons of alt-coins sprung up. You cannot try and "defend" Bytecoin by comparing it to Bitcoin in that way that it was mined by a few individuals, why? Because Bytecoin was Purposelly hidden, Bitcoin wasn't. When bytecoin first came about, it was a innovative time with tons of alt-coins springing up, yet the Bytecoin devs and those mining Bytecoin refused to open it up to world and instead premined 82% of it. Conclusion: Bytecoin had the chance many times to Not be a premine coin, however the devs and those mining it decided instead to keep it a secret and for them alone. Because of that, Bytecoin does have a premine and there is NO excuse for it. As you can see, there is a plethora of evidence showing Bytecoin's 82%+ premine in the hands of a few people. Anyone defending Bytecoin is either a staholder, a preminer, or a complete idiot that doesn't know what they're talking about. |
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Good time to average into your LTC position if you are in the red.
Haha yea. |
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Sub 0.015 -> LTC is destined to die!
RxIxP Mother of all scamcoins!
It's gonna be .0100 next in the 3 weeks. It was .024 last month, goes down 3% in price per day. |
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And of course.... yvg1900 is just lying. The requested IP address is not blacklisted http://eais.rkn.gov.ru/en/#formmoneropool.com is not blacklisted lmao....nice try troll. |
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Russia doesnt allow Youtube, China doesnt allow google and youtube...
Those countries are horrible places honestly with really corrupt governments.
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Proof of Stake coins have many issues here are some: PoS is not backed by anything other than the belief there are worth anything and there will be an endless supply of PoS coins because one created today does not have a significant advantage over on created tomorrow, next week, next month....... What currently is happening is new coins are created with PoW, mined for a week until a fixed number is reached and then change to PoS and then you can claim your stake at buying xyz coin. The only advantage a coin released today has over on made sometime in the future is; somebody already bought into it. The advantage quickly disappears if the new coin has a better catch phrase a flashier webpage or bigger marketing capital.... There is no end in sight for stake claimed coins and all promising x % return if you know a bit of programming you will have your very one coin too and everyone can buy into your claim based coin completely deluding the marked. Its a barrel without bottom and once it clicks by the herd run for the hills if you own a stake. With a PoS the richer get richer. The most significant flaw of any proof-of-stake system and any system that diminishes coin rewards, is it can't distribute currency from the hoarders to the users of the currency, thus it will end up with the hoarders (the banksters) accumulating all the coin and the currency usage dying. This is because the wealthy spend a much lower % of their net worth than the masses do. PoS is a technological dead end. Once the coin is released the only thing to do is "claim your stake" no research, no new capital outside the buy in, no evolving industry... PoS can NEVER remain decentralized. Satoshi's Proof-of-Work is the only known solution to the Byzantine General's Problem (was a known unsolved problem since at least the 1970s). To 51% PoS is dead easy: You start buying aggressively or "willy" style until you have 51% of a PoS coin, and then sell off your coins so that you no longer have 51%, but your history of having once owned 51% makes it possible to attack the network at any time in the future at next to no cost only some computing resources (and thus electricity costs, etc.). As you once had a 51% stake, you can build a better blockchain than the other 49% can, starting from the point where you owned 51%. You develop this blockchain in secret, after you have sold off your coins (and profiting from it); and then release your secret blockchain to the world, and nodes will pick it up because it carries more stake than the 49% blockchain. Now not only do you have your profit from the original sales of the coin, you have your 51% back (to the extent that it's worth anything). Not all coins need to be in one address, in fact, doing so would prevent the attack in most PoS implementations. Unlike bitcoin where everyone can see if anyone comes dangerously close to 51, in PoS its all hidden an attack can happen incognito. There is no way of knowing if any PoS chain is already "dead", as it could have been done at any-time in the past. And then there's is also the possible social 51% attack .......... But then there's the social 51% attack where a tiny majority hold a massive percentage of the currency. When this occurs the market is open to extensive manipulation for the benefit of the few, as with real world economics (the 1%). NXT is a good example of the social 51% attack, the top 33 accounts hold 51% between them. The top 50 accounts hold 61.2%. I'm quite sure the top 1% of accounts (400 ish) hold almost everything, with the other 99% playing with spare change. source There is no better backing than energy because everyone needs it, wants it and i will never have any problem selling it. To create a PoW coin you need x amount of energy and you can not cheat. The best you can hope for is to have a more efficient miner. Because the energy has been spent, the coin has a base value (many other things on top) and is a kind of a storage medium. Edit: ........
The only truly universally accepted wealth is energy (does not matter in which form as it can be converted), and Bitcoin is a store of it.
you really don't get it. ok firstly pos coins are no more "infinite" than pow coins. It all depends on the parameters you chose. Eg at them moment the number of peercoins being produced is less than LTC and BTC. secondly the parameters that you choose are all important for any coin, it like the boundary conditions for the navier stokes equations. Eg nothing has the boudary condition of Peercoin, ulike multiple coins that are near exactly BTC. there is no difference to buying into a mining early or pos coin early how you spend your effort is up to you. Accordinlgy your arguments do not stand up to logic or the material facts. As long as a POS coin can function as a distributed ledger then that all it has to do. POW coins are backed by exactly same belief you decry POS for. Also wealth is energy when that energy can produce useful work, so has a low entropy. Eg guel can spin an axle to do something for you, farm, drive, move, etc. Low enthalpy energy like the exhaust heat from and asic is near worthless. Further you can easily squander energy on projects that have no value. So low entropy energy can be easily squandered on high entropy projects. The possession of low entropy energy is no assurance it will create wealth. go and do at least thermodynamics 1 and 2 before you make statements about energy use and wealth. Manfred is right.... PoS has Nothing at Stake. There's nothing backing it... PoW is backed by the energy required to give a new supply of coins. It's sad to say, but PoS offers nothing over PoW. The higher energy needed to produce coins, like Bitcoins, is exactly what drives up its value. The coins become rarer, so it needs more resources to produce, and the miners wont sell too far below what it costs to make, which would leave the price at what the miners And buyers determine. PoS doesnt have that, its only the holders that determine the price. If the top 50 NXT holders decide to dump their 51% supply of all NXT's coins, theres nothing that can be done. The price will drop to whatever they want it to. PoS really is Piece of Shit. |
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DRK and XC Communities,
The toxic back and forth between our two communities has reached a level with which neither of us are comfortable or impressed. The competitive space for our coins lies in the results, and the results will speak for themselves as they are brought online. Whatever mistakes or provocations were undertaken by either side are in the past, and we would like them to remain there. We are all interested in one thing: the advancement of anonymous cryptocurrency. Let go of the tribalism and start thinking of how you can positively contribute to that end.
Evan and Dan
 could not help myself. Damn those logo's look seXC! Probs to georgem (would donate if he had a XCurrency adres) *drool* would eat those coins assholes! Are we allowed to fight over which coin has the hotter chick?... cause clearly XC girl is a young hottie and Drk is a Milf... (*sarcasm notice* - to prevent another war) Darkcoin's girl has a perfect ass. |
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It's funny that all people against Bytecoin are just posting bullshit, while their opponents at least provide proof links for their arguments.
The Bytecoin blockchain shows the 82% premine my friend...It's been looked at by many cryptographers...I don't get the point of denying what's fact and in front of you. Your own coin's blockchain shows how it was mined from 2012 to 2014 when it was known only by a few people, and how that small group of people mined over 82% of the coins supply in that time. There's nothing to argue with there, since all the evidence is in the Blockchain! |
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How did this thread get so many posts? Obvious trolling.. If you want to talk real, don't do it in trolls' thread.
Perhaps it was my fault. I thought the OP genuinely confused. I guess I'm too naive  That said, we do need to try to keep things friendly for the genuinely confused. No what you're doing is a good thing. Newbies need to feel welcome. Just that the OP had a name called, ipoomyself, as well as horrible 6th grade spelling and grammar  |
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No idea, probably coding/programming. Going to coinbase made him give up on Litecoin. |
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ok thx for confirming this. lemme dig some more.
~CfA~
Lmfao. I commend you for your trolling Come from Above, though this is your sockpuppet accounts I know.  Again, I am not affiliated with Paul Bohm in any way, shape, or form. I am not Paul Bohm.... Paul i removed ur info temporarily while i check the informations i was sent in pm. dont worry, well get yo. ~CfA~ Lmfao, I'm not Paul Bohm... |
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Litecoin is officially dead, why you may ask?
What Litecoin used to offer:
ASIC Resistance
2.5minute blocktime
What Litecoin now offers:
2.5minute blocktime
Don't forget Litecoin used to offer 'GPU resistance'. Haha, nice call. Added. |
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any... anything ?
its dead aka given up on and abandoned unfortunately. |
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ok thx for confirming this. lemme dig some more.
~CfA~
Lmfao. I commend you for your trolling Come from Above, though this is your sockpuppet accounts I know. Again, I am not affiliated with Paul Bohm in any way, shape, or form. I am not Paul Bohm.... |
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I am not Paul Bohm. I am in no way affiliated with Paul Bohm. That post was simply a "mispost", a joke, posted by a peer of mine.
Please do not go around attaching people to bitcointalk.org profiles, you're putting 2+2 together and getting 50000....
i just got a pm with more info. Paul, u r originally from South DarkotaAfrica? thats interesting. ~CfA~ |
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I am not Paul Bohm. I am in no way affiliated with Paul Bohm. That post was simply a "mispost", a joke, posted by a peer of mine.
Please do not go around trying to attaching people to bitcointalk.org profiles, you will be wrong most of the time as you are now.
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