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1441  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin price is blowing up! on: October 12, 2012, 10:29:51 AM
9.2 cents US now on BTC-e.
https://btc-e.com/exchange/ltc_usd
0.000768 BTC.
https://btc-e.com/exchange/ltc_btc

It was at 3.6 cents around 4 weeks ago. Impressive, really impressive! It took value even with BTC going down a little.


HOLY SHIT WHAT KIND OF DEALS IS THAT? lol 0.000768?

Tonal Litecoins!  Luke-Jr must be trading them.

I did send him about a thousand LTC about 5 months ago. Shocked he wanted them. He has yet to move them however.

Really? Mr. "Litecoin is a scam" wanted litecoins?

 Cheesy

Well he accepted 1337 of them, and gave me an address.

You got any proof?

PM? Link?

Was done in #litecoin in July. i gave away a significant number of BTC as well. I'm sure some people in there will remember it:) 
1442  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin price is blowing up! on: October 12, 2012, 10:21:36 AM
9.2 cents US now on BTC-e.
https://btc-e.com/exchange/ltc_usd
0.000768 BTC.
https://btc-e.com/exchange/ltc_btc

It was at 3.6 cents around 4 weeks ago. Impressive, really impressive! It took value even with BTC going down a little.


HOLY SHIT WHAT KIND OF DEALS IS THAT? lol 0.000768?

Tonal Litecoins!  Luke-Jr must be trading them.

I did send him about a thousand LTC about 5 months ago. Shocked he wanted them. He has yet to move them however.

Really? Mr. "Litecoin is a scam" wanted litecoins?

 Cheesy

Well he accepted 1337 of them, and gave me an address.
1443  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin price is blowing up! on: October 12, 2012, 10:17:26 AM
9.2 cents US now on BTC-e.
https://btc-e.com/exchange/ltc_usd
0.000768 BTC.
https://btc-e.com/exchange/ltc_btc

It was at 3.6 cents around 4 weeks ago. Impressive, really impressive! It took value even with BTC going down a little.


HOLY SHIT WHAT KIND OF DEALS IS THAT? lol 0.000768?

Tonal Litecoins!  Luke-Jr must be trading them.

I did send him about a thousand LTC about 5 months ago. Shocked he wanted them. He has yet to move them however.
1444  Economy / Lending / Re: BUYING Pirate debt at 1% - BTCST, Hashking, Bitcoinmax on: October 09, 2012, 03:52:31 AM
kom igjen

i see...
1445  Bitcoin / Bitcoin Discussion / Re: Who would you like on a Bitcoin Council that represented the BTC community? on: October 09, 2012, 03:46:33 AM
Just throwing it out there: I'd pay 2.5 BTC/yr for a monthly-ish newsletter from the above people, critically discussing the BTC economy, and suggesting specific solutions to problems they identify.  Might be a good way to kickstart the council.

Some articles I'd love to see:

- How are the actions of X company misaligned with the interests of Bitcoin? (Bitcoin businesses or Foundation)

- Did the operator(s) of site X react properly to being (hacked/scammed/organizational conflict, etc)?

- Analysis of the Bitcoin credit contraction.  What kinds of securities had their value suddenly go "poof"?  Which businesses turned out to secretly be investing in HYIPs?  What did the systemic risk look like?  What should future Bitcoin investors take away from this?

- How far away are we from having to worry about Quantum computing?  What is the most vulnerable algorithm in Bitcoin to QC?  When should Bitcoin be quantum-proofed?

- How does the Bitcoin core dev team work?  Is there a 'culture' of this group? Funny anecdotes? What can the community do for the dev team? Does anything about the core dev structure need to be changed?

- How will pools change as ASICs come online?  Will the mining pool, as we know it, become extinct?  Will mining become more centralized?
 
I know all of this has been discussed on the forums extensively, but the signal to noise ratio is very low and the info is scattered among many threads. I would much rather read consistently high-quality content from Bitcoin community members I trust than have to skim the forums for info.  So much so, that I'd be willing to pay.

This idea is starting to look somewhat like BitcoinMagazine, but I'd like something that's directed at BTC users, not newbies, and discusses topics in more depth. I think having a trusted, rational and impartial voice from the heart of the Bitcoin world, which is free to criticize any large player acting in a way they disagree with, could be a powerful positive force for Bitcoin.  Trust and an audience will need to be built first though.

Forget the council thing, make this newsletter!

that is a great idea, we really need something like a monthly bitcoin magazine.
1446  Economy / Auctions / Re: Liteco.in domain on: October 06, 2012, 04:34:47 PM
who still has control over this name? let us not give it to a scammer Sad
I'm still in control. I requested some information necessary for the transfer from Alberto, but to no response.

give the funds maybe to the victums of his fraud?
Alberto has already paid in advance. His dealings outside of this trade are none of my concern at this point.

I'm glad you still hold it.

I will see if I can buy it from him.
1447  Economy / Auctions / Re: Advertise on this forum - Round 52 - 52 SLOTS AVAILABLE on: October 03, 2012, 12:30:56 PM
You have me on the list twice.

Honestly I don't mind but I think others might  Wink
1448  Economy / Auctions / Re: Advertise on this forum - Round 52 - 52 SLOTS AVAILABLE on: October 03, 2012, 12:06:40 PM
.11
1449  Economy / Scam Accusations / Re: Nefario GLBSE on: October 03, 2012, 04:25:12 AM
Oddly enough, you are in the wrong place to make those demands. GLBSE has a forum, and ownership, and means of communication. If you feel you have a claim to make, why not make it with those involved instead of airing your dirty laundry here, where nobody who can do a thing for you gives a damn?

And are you really admitting that you started several assets, offered them for sale, managed them to varying levels of success and failure and did all of this WITHOUT AN AWARENESS OF THE TERMS OF SERVICE? Is that responsible business operation in your opinion? Seriously Goat, isn't understanding what you are offering and where you are offering it sort of basic step number one?

As you know the ToS was changed more than half a dozen times since I started. But in none of the version I did anything that called for a delisting.    Deal with it buddy... The reason why Nefario is not saying why he did it is because he will be admitting he is a scammer...



1450  Economy / Auctions / Re: Advertise on this forum - Round 52 - 52 SLOTS AVAILABLE on: October 01, 2012, 05:03:21 AM
this thread is awesome

it allows you to see who the cheapest people are on the forum.



Btw I would like to change mine to 3 BTC



thanks theymos

 Roll Eyes   Yes it is clever in an auction to outbid an acceptable bid bid by 60 times...   I hope you have more business smarts than this with your other operations.



1451  Bitcoin / Bitcoin Discussion / Re: Who would you like on a Bitcoin Council that represented the BTC community? on: September 30, 2012, 03:42:33 PM
This is sick.

Now we, the users, can choose between red and blue?

I can predict the next movement: What about a council of ancient and wise users to judge and arbitrate conflicts in the bitcoin world?

 Huh Huh Huh

It's not going to work. We just need to keep Bitcoin and its ecosystem the more decentralized and pseudonymous we can.

Well I agree, we do not want to be blue. However you might look at it a different way. Gavin and the like are setting themselves as the king, we should at least organize a Senate...

I would rather not have to do this but our options are not many.

LOL.

Yes, please make a senate.  When you find out that your senate can't make anyone do anything that they don't want to do, and neither can the foundation, will all of you stop bitching about the foundation?

Well if all the miners sign up Smiley
1452  Alternate cryptocurrencies / Altcoin Discussion / Re: Haw many PPCoins will there be? on: September 30, 2012, 02:24:21 PM
Hard to understand this coin...
+1 Give it time. I usually take one aspect at a time and try to figure out what it means. Took me a few months to understand bitcoin either.

Well I and I doubt many others will invest in it until we understand that 2 billion coins is not inflationary.

What inflation rate will it be each year to go to 0 to 2 billion in 200 years?

hmm
1453  Alternate cryptocurrencies / Altcoin Discussion / Re: Haw many PPCoins will there be? on: September 30, 2012, 02:09:23 PM
What really worries me is that there can be well over 2 billion ppcoins Sad
yes. but you'll be long dead before that is reached. My guesstimate is 200 years.

Hard to understand this coin. I might be wrong but I still see it as highly inflationary.
1454  Alternate cryptocurrencies / Altcoin Discussion / Re: Haw many PPCoins will there be? on: September 30, 2012, 01:57:37 PM
I don't understand how this is better than BTC. It seems highly inflationary and unpredictable. If I wanted that I would just use fiat.
PPcoin introduces two aspects to the network security model I find interesting. 1) POS blocks. 2) Difficulty dependent POW rewards.
2) causes changes in the money supply growth as a function of POW participation. You can tell that from the "kinks" in the graph I posted earlier.. whenever the difficulty changed to a different plateau, the slope adjusts. So money supply development is pegged to POW difficulty. However, the ^4 dependence makes it extremely stable. If you want to change the mintrate by a factor of 10 you have to change difficulty by a factor of 10000.

Here's a clue: With the ASICs coming out next year, difficulty will increase 10-100 fold (the difficulty between different blockchain is arbitraged) within 2013. This means that the mintrate will likely drop by a factor of 2-4 (1000 to 500-250). Also, POS blocks only contribute 1% yearly to inflation. And they already account for a significant percentage of blocks. I think sunny stated that the target distribution should be around 25% POW, 75% POS, but that may have to be confirmed.  Hence, I expect the inflation rate to dramatically decrease within the next year. If they first-month rate corresponds to 70M per year, the projected rate will likely fall to 5-10 million per year.

ppcoin can be characterized as a more energy-efficient cryptocurrency. In the long run this should be reflected in transaction fees.



What really worries me is that there can be well over 2 billion ppcoins Sad
1455  Alternate cryptocurrencies / Altcoin Discussion / Re: Haw many PPCoins will there be? on: September 30, 2012, 12:55:49 PM
Well maybe Sunny is coinhunter Wink
I did wonder.
I don't think this is something I will get involved with after all.
Well, we may never know. And it doesn't matter. Judge ppcoin for the design it is - if there is a problem with the creator but the underlying design is good I suggest coming up with an alternative client. Same holds true for bitcoin.
Right know sunny is doing a good job though as far as I can tell.

I don't understand how this is better than BTC. It seems highly inflationary and unpredictable. If I wanted that I would just use fiat.
1456  Alternate cryptocurrencies / Altcoin Discussion / Re: Haw many PPCoins will there be? on: September 30, 2012, 09:41:06 AM
Seriously this is starting to smell like coinhunter all over again...
Even SERVER defended coinhunter and told me to go fuck myself because I was trying to get answers when SC was released or re-released (LOL).
Well maybe Sunny is coinhunter Wink

BTW I didn't watch solidcoin closely. Why was it not able to compete in the long run?

I did wonder.

I don't think this is something I will get involved with after all.
1457  Alternate cryptocurrencies / Altcoin Discussion / Re: Haw many PPCoins will there be? on: September 30, 2012, 05:33:50 AM
BTC = 21 Million
LTC = 84 Million
SC = Up to the guy who made sc...

So what about PPCoin? Someone told me 2 billion but I kinda doubt it would be trading as high as it is if that were true. Please some one tell me the truth Smiley

Thanks.

Short answer: up to Moore's Law and Market participation.
Long answer: see our FAQ regarding cap of money supply.

So maybe over 2 billion?    I think now is not the time to buy. I will wait for a year when many many more are out there.
1458  Bitcoin / Bitcoin Discussion / Who would you like on a Bitcoin Council that represented the BTC community? on: September 30, 2012, 05:06:50 AM
Who would you like on a Bitcoin Council that represented the whole BTC community and it's spirit?

As we all know "The Bitcoin Foundation" is industry heavy and was created to pay tax free for the development of BTC. Now I think this foundation is fine however I think the name is a bit misleading as it clearly does not represent all of BTC and its ideals.

If there was a group of people that debated and made recommendations to pool operators, miners and industry who would you want to hear from, who would you trust?

Thanks.

1459  Bitcoin / Development & Technical Discussion / How safe is the first address in the standard client? on: September 29, 2012, 03:52:10 PM
Hello all.

If the first thing I do is encrypt my wallet will my first address be secure? I'm talking about the address that is already there when I load it up. To be safe will I not need to generate a new address and use that?

If this is true should we make a note of this somewhere? Not everyone is tech savvy and we all overlook things like this from time to time.

Also there should be a way to get rid of the unsafe or address we just no longer want.

Thanks.
1460  Alternate cryptocurrencies / Altcoin Discussion / Re: Namecoin value? on: September 29, 2012, 02:55:11 PM
Namecoin was the first (and so far only?) chain to be merge mined with Bitcoin.

The first one, yes. The only one, no. For example, Bitparking is currently merge mining bitcoin, namecoin, devcoin, ixcoin, and i0coin:

http://mmpool.bitparking.com/pool



ix and i0 coin are still around! cool Smiley
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