Needs to be updated on the main site. Why are people attacking this coin if it's already "doomed for failure"  . Shows that you are winning coinhunter! Yes, it's not really an attack just an annoyance done by those who are fearful of what SolidCoin represents. The new version (1.04) is going to blow away Bitcoin though as it has more features, will be faster and new developer stuff! Good times ahead. Can't wait  !! I will do my best to spread the word thank you! |
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Needs to be updated on the main site. Why are people attacking this coin if it's already "doomed for failure" . Shows that you are winning coinhunter! |
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Actually, I'm not even going to really bother any more with those of you who still try to insist that Bruce must be honest. There has been way, way too much evidence. Too much debate. Virtually everyone who defended him at first -- which, to be very direct, includes me -- has been convinced. Those of us who were around before the proof was provided demanded proof. Those of you who show up only after the proof was provided and insist it's not proof? Well, a few were just suspicious and extra thorough. Just about all of them have been convinced.
All that remain are the people who know full well he's guilty, but are either his accomplices, his close friends, his secret identities, and people he's bribed. Or just absolute idiots who wouldn't be convinced even if we had him on video for all of it.
It's clear, PinkiePie, that you are not a legitimate party to the discussion, but rather are here for the sole purpose of lying and pretending no proof is enough. I'll admit to being curious if you're Bruce, or just one of the beneficiaries of his fraud, but I don't really care. All the original doubters on this and other threads who have ever said one thing on this forum worth reading are now convinced that Bruce is a criminal, so take comfort in the fact you tried your best to sow the seeds of falsehood, because holy fuck did you and your friends ever fail.
No he/she is a fake troll from SA lol... |
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Nice work!
Thank you very much sir!  |
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The USA has a right to protect itself from fraudulent currency.
+1 |
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Define "hoarding". Do you simply mean "amass money or valued objects and store away", and is it bad? Corporations are hoarding their record profits. Collectivity they have enough money to invest and bring the unemployment rate down to 5%... That is the truth.. |
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What is your current opinion on demurrage?
No gold storage vault would ever charge the user so much for storage that the balance was gone after a year or two. I wasn't suggesting that extreme of a rate... Freicoin is going to be 1% a year. I think the rate should be small enough so that it's not extreme like you say, and large enough to still have a psychological impact on consumers and investors alike. Free money sounds like a SCAM to investors, and that's exactly what Bitcoin will be if adoption is ever to become a reality. |
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Indeed you are. Well.. go ahead than and do this deflation thing if you want.
This economic model will never work, because we will never get enough people to adopt to it. Trust me I LOVE Bitcoin technology, but we need to start taking some of the economists that come around here a bit more serious... Which ones? You, incorrectly, assume that economists agree that the deflationary model is universally bad. That is not the case, and only Keynesians agree with one another on this point, and Monetarist depending upon conditions. Austrians, almost never. The gold standard was, due to rising population rates, generally deflationary over long stretches of time, and only inflationary for short stretches and in regions with close economic ties to the new found sources of gold. A gentle, predictable deflation is at least as economicly benign as a gentle, predictable inflationary currency. Currently, Bitcoin is neither, as it's highly inflationary (of it's monetary base) whilst also being incrediblely predictable. Bitcoin's value has increased over the past year, as much as it has, only because the size of the bitcoin user base (and thus it's aggregate demand) has increased by several orders of magnitude since I discovered it in April of 2010. The high (but declining) inflation is somewhat contradicted by it's predictability, which helps to assure early adopters and speculators (same thing, mostly) that the currency will have value in the distant future, once the inflation rate levels off. That said, Solidcoin is not a better choice here either, using a much steeper inflationary model followed by a sudden stop. Solidcoin might prove to have it's place in the market, but not as a direct competitor to Bitcoin. Namecoin has a nitche. A localized version of bitcoin might as well. Solidcoin doesn't seem to have a nitche as far as I can tell. The sudden stop nature of solidcoin could also prove it's undoing, as the geometric halving of Bitcoin's block reward (potentially) serves the function of weaning a growing market economy off of a subsidy. If Solidcoin has any success at all at 2022, the sudden stop in block rewards is as likely as not to be a major disruption in the system. If the market is weak, such a disruption would likely kill it off, even with it's own high degree of predictability. The reward system in Bitcoin, as well as it's interval, are certainly arbitrary; but they are well considered. What is your current opinion on demurrage? I copy and pasted this from a post I made in alt currency's, I just don't see how we can put buying/investing pressure on people if we don't have some sort of incentive to spend. The only way to put pressure is either by printing more money (inflation) or giving a cut of lost/stored coins right back into the miners pockets (demmurage). I must admit this concept of demmurage on a digital currency is a radically different concept. Normally when people talk about demmurage they are talking about giving money to a "third" party to keep their money safe from going missing. Instead of giving this money to the banks/stores/and any other third party entity, with a demmuragecoin we would be giving the money right back to the miners, literally fueling our economy, and never loosing a single coin. And in the end it will still have the deflationary properties of Bitcoins that people seem to love so much, but it will come with a price. It's a win, win for everyone. |
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People will mine whatever turns a profit. The market will determine what currency succeeds.
I just don't see how we can put buying/investing pressure on people if we don't have some sort of incentive to spend. The only way to put pressure is either by printing more money (inflation) or giving a cut of lost/stored coins right back into the miners pockets (demmurage). I must admit this concept of demmurage on a digital currency is a radically different concept. Normally when people talk about demmurage they are talking about giving money to a "third" party to keep their money safe from going missing. Instead of giving this money to the banks/stores/and any other third party entity, with a demmuragecoin we would be giving the money right back to the miners, literally fueling our economy, and never loosing a single coin. And in the end it will still have the deflationary properties of Bitcoins that people seem to love so much, but it will come with a price. It's a win, win for everyone. |
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Wont work..
Solidcoins Algorithm + Freicoins demurrage = GG to Bitcoins current economic model.
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Indeed you are. Well.. go ahead than and do this deflation thing if you want.
This economic model will never work, because we will never get enough people to adopt to it. Trust me I LOVE Bitcoin technology, but we need to start taking some of the economists that come around here a bit more serious... |
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Just guarantee kink more business. Guarantee it without putting any specific number on it. I have confidence in the buying power of this community...
Ehhhh please don't do that. Bitcoin is strong and compelling enough over the long term that false claims are not only unnecessary, but counter-productive (and immoral). We're not selling used cars here. You don't think atleast 1 Bitcoiner will buy a subscription if it's promoted properly? Man.. I have alot more faith in this community than that. Sorry if I am being to "strong" . |
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I have messaged Coinhunter, and wanted to know what his opinion is about demurrage.
I think if Solidcoin implements this, it's all over.
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you guys are seriously going to act this way on a open source project ?
Thats the biggest problem that we are seeing here. We have a ton of non-developers who have no clue how open-source projects work. When the main version stops updating/or changing thing's others don't like, different versions appear. And ussualy the one's who are most reluctant to change, get eaten up by their competition. |
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I recommend http://walletbit.com , Gbyte was really nice, and SUPER fast at setting up this payment gateway for me. Walletbit seems to have the most serious security that I know of and I use it for my shop http://bitcoincloset.com. Just guarantee kink more business. Guarantee it without putting any specific number on it. I have confidence in the buying power of this community... |
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Ok guys I am announcing the site! Thank you for your help.
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