Oh I have hundreds of millions of coins held long term, for example there are 210 million locked up in backing dDVC tokens for my Digitalis Open Transactions server. Whenever Open Transactions really does get its "clients for Grandmas" working I expect I will have to lock up even more so as to issue even more dDVC tokens.

I only have maybe a hundred million or hundred fifty million or so doing liquidity on Vircurex. My sell orders are on every Satoshi of price from somewhere over 300 Satoshis I think, on down however far current buy orders have provided me enough coins to do, which right now is only down to 77 Satoshis.

So I am well placed for the eventual long term higher prices but I suspect a lot of getting there will be due to piling more and more larger and larger buy offers, so that eventually it would take all the devcoins in existence to eat them all up.

-MarkM-

So basically just another bunch of scammers with their hearts set on making yet another scam, this time using a NGO spiel to try to make it look less scammy than some of the other scams. Sigh.

-MarkM-

Someone mentioned second batch Neptunes?

Yet the most recent post at https://www.kncminer.com/news is still only mentioning first batch and that it is sold out?

-MarkM-

People are dumping bitcoins too. Both bitcoins and devcoins have been available cheap lately.

A great time to be a buyer.

Place buy orders below current prices in steps downward, and as they sell put them back on the sell side above current prices going up in steps.

Nice income to be made that way.

It goes in waves, a while back all my sell orders up through 193 Satoshis per coin got bought, then came this downward move where more and more cheaper and cheaper buy orders are getting taken up giving me more devcoins with which to replenish my sell orders ready for the next upswing.

-MarkM-

You don't need a new coin created, there are too many oins already and there is no gain for the NGOs in taking on all the extra work of spewing out yet another coin with all the negative connotations around that compared to being responsible and conservationist by using an already existing coin. There are plenty of them.

You can do especially well by adding into your merge the coins that most public merged mining pools are not yet including, such as CoiLedCoin and/or GeistGeld. If you go for GeistGeld you also have extremely fast blocks, which some folk seem to think are a really good feature.

Also for an NGO being associated with the pump and dump scam of spawning more and more co(i)ns is not something they should be associated with. They should be using coins that have been around for years not crap that was spun up in just the last few months for the purpose of scamming people.

Really they probably should not be touching anything that does not have major significant hashing power, so maybe IXCoin or I0Coin would be more appropriate, or maybe even I0Coin is too little hashing power. Scamming idiots who just want to get rich quick is one thing, setting out to scam NGOs into throwing their hard earned donations into crappy low hash power scams is just plain evil. Blockchains are insanely expensive, insanely hard to secure. Heck is even IXCoin secure enough? It only has so many petahashes, but at least that is something, unlike any of the coins that have sprung up in the last year or so.

-MarkM-

Adjusting the difficulty downward arbitrarily will just lead to horrible mess of orphans. See Liquidcoin, it didn't even go down just stayed the same, it is a disaster.

Also if you want a merged mined coin, take a look at GRouPcoin, non profit groups should fit well with that, it is already out there and established on at least one public merged mining pool.

There are way too many coins already, there are probably lots of them that would fit better than spewing out yet another one.

-MarkM-

Thanks! I couldn't actually see whether Motto was fixed as that page flashed by too fast to read, I think my bandwidth is a bit choppy to do video.

I am linking it from my facebook page.

I wonder if that will lead to losing my facebook account as supposedly happened to people who linked to Devtome.

-MarkM-

Wow I had no idea there were so many!

-MarkM-

Presumably the file it cannot find is not the executable itself but some file the executable is looking for.

For example do you have your receiver files in place in the receiver subdir of your data directory?

-MarkM-

Because they don't care about being secure since they plan to dump all the coins as fast as possible anyway, preferably after pre-mining or insta-mining them, then spawn yet another and another and another to do the same thing with.

Since the suckers but the shit regardless, who the heck cares that they are all so insanely insecure its ridiculous? Only idiots who deserve to lose all their money buy the crap anyway...

-MarkM-

No mention of CLC, CoiLedCoin, one of the merged mined family?

The coin that Luke Jr tried, but failed, to kill.

(He gave up after just a couple of days, but the masses seemed to think it was dea so it has been one of the great under the radar opportunities for merged miners ever since, alongside GeistGeld. Which, by the way, is working fine with the RAM-hogging fix that rsnel added to it.)

-MarkM-

The problem is this is an scrypt coin isn't it?

Even if ASICs for scrypt come out do you think over half of the ASICs will devote their hashing power to securing NUGs?

It is extremely unlikely that more than one scrypt coin will end up with even half the scrypt mining power let alone more than half, unless they do get into merged mining.

Even if they do, ASIC for scrypt is likely to be expensive compared to ASIC for SHA256, and likely less manufacturers will even make them.

People already pretend that SHA256 ASICs are out of the reach of the masses despite block eruptors having dropped to prices lower than those of GPUs so imagine how out of the reach of the masses scrypt ASICs are going to be claimed to be, then throw in the likelihood of less manufacturers.

Maybe, just maybe, a merged mined family of scrypt coins might emerge and survive; all the rest are train wrecks waiting to happen.

So I still think some of the best under the radar opportunities right now are the merged mined SHA256 coins, especially CoiLedCoin and the lightning fast GeistGeld. (The crapcoin folks are always going on about how awesome fast blocks are, GeistGeld has lightning fast blocks but also has the potential for good solid security (high hash rate) like NaMeCoin, DeVCoin, IXCoin, I0Coin and the rest...)

If you must go for scrypt coins at all, look for the two with the highest hash rate. The rest are toys / garbage / scams. Even number two is just an "also ran" unless it is merged mined alongside number one.

-MarkM-

IXCoin became merged mined very early in its history, on mmpool at Bitparking, so it is possible hardly anyone has a huge stash of them except maybe owners of large popular merged mining pools and, of course, visionaries such as VladVlad the Impeller.

Everyone has had years to quietly pile up a small hoard though. I used to think small and figure 20 grand or so IXCoin and I0Coin would be plenty assuming I had no intention of digging them up until I heard they were worth at least a buck apiece.

Nowadays though I am much more blase (with an accent on the e, I don't know unicode) about a few grand here and there and figure oh heck if that only adds up to some 20 grand I might as well forget about them another while until they are worth at least $10 each...

-MarkM-

FedEx now admits they picked up my BFL units yesterday and expect to deliver them to me friday.

ROI on a bitcoin basis is maybe looking unlikely sure, but my plan is to go solar so I hope to stretch out their usable lifetime plus I evidently cannot trust other miners to merge all the merged mined coins so I need to do my own merged mining.

-MarkM-

Darn, I guess it really pays to have a few dozen sockpuppets per person eh.

-MarkM-

Might illegally seizing competitor's customers' funds on the basis that those customers are themselves marketing equipment that could be construed as enabling even more competition be interpretable as anti-competion practices, putting it somewhere in the anti-racketeering / anti-monopolies sectors?

-MarkM-

Ah, finally, an altcoin with a real and useful purpose: to test whether blockchain based currencies can in practice be shut down effectively by law enforcement / legal means...

Excellent!

-MarkM-

I would like to link the video from facebook for my facebook friends to see but can we get those typos fixed first that I mentioned previously?

(maystart and Moto.)

-MarkM-

NMC is definitely a long term hold. Maybe even to hold until it surpasses litecoin in per coin price.

(It has way the heck more hardware securing it than litecoin, I expect... and at some point when all the insecure crapcoins start getting PWNed (assuming any ever get valuable enough to be worth PWNing) people will start to appreciate security. Or when bankers get on board, they understand that security is fundamental...)

-MarkM-

Whoa, you listed I0Coin but not IXCoin? Why? IXCoin has much higher hashing power than I0Coin.

I'd like to see all the merged mined coins supported (BTC, NMC, DVC, GRP, IXC, I0C... I can see waiting for CLC and XGG to get their hashing power higher before including them but the rest are all good...)

-MarkM-