Honestly, to me as a business owner, if I were coming in at this point in the game now? I'm more put off by the hardline libertarian "Taxation is theft! Fuck off parasite!" than I am a few douchebags trolling. At the beggining of Bitcoin the forum was much more libertarian, and the mood was a lot better. People had more respect for each other, conversations were less agressive. People were happy in the forum. Even socialist and libertarians were speaking and discussing rationally. It wasnt a problem at all. Since the "progressive kids" started pouring in with their stupid attitude and their programmed ignorance the whole thing started going down. I wouldn't go as far as giving the SA members such a serious title of progressives. Sure they are by majority a largely liberal forum, but to say that they have any specific ideology is an insult to all ideology's in current existence. They are more regressive than anything else. They sit around and waist of TON of time talking about completely useless shit. Far from progressive in my book... It's waste, and regressive is normally used to describe those who are for rolling back and 'regressing' to an earlier or more primitive time, such as that when we had no labor laws or regulations. If you think we are advocates for that, you should probably go read SA for a bit Thanks for the spell check, and I am sorry all I have seen from you guys is childish trolling. I have lurked all over your forum, and did find some good postings, but ironically these had the lowest amount of hits/reply's. All the stupid shit you guys had going on was steady at the top. The definition of troll is so loose on these forums that I'm not gonna let you call me a child *posts idea for project* *gets good advice* *convinces myself I don't need advice, just positive vibes* *calls advice-giver a 'whore'* *calls other people trolls without seeing the irony* Show me where I called anyone a "whore" ? I never said such things, so keep perpetrating lies child. YOU ARE A TROLL. PERIOD. |
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The level of skillful debate in this forum is embarrassing.
I am about to have a weekly debate show and just bring along anyone from the forum and destroy them.
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Smoothie you sound really fucking bitter.
No offense...
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Perhaps. Coinhunter indicates he thinks 600+ btc was moved there. Seems like the market is at bitparking moreso than another exchange. But we will see. As I indicated earlier I predict in the next 3 or 4 weeks you will see solidcoin take a dive.
At this point it could go either way IMHO, but SolidCoin brings enough substantial improvements to keep it viable beyond 3-4 weeks. The only thing still missing is the infrastructure (ie. you can't actually use SC for anything other than exchanging it for BTC/USD) and that's an area where all of the *coin chains have failed so far. If CoinHunter can put a little more effort into getting vendors to accept SC, that will go a long way in establishing it as a viable Bitcoin alternative. I had a feeling there are many Starcraft players on here  . |
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i believe in bitcoin, and i also agree we need to revamp the system. i like how it is for the most part, the only things i would change if i could would be
make gpu mining impossible (in reality, it centralizes bitcoin because a gpu can be easily scaled, id propose a proof of work system that is more serial than it is parallel. because bitcoin is sopose to be a medium of exchange, not a hoarding system or make money from simply using electricity.)
give 1000 coins per 5 minutes, until 500m exist, pruned coins will be added as a reward, so 500m will always exist
keep only 100k blocks, prune blocks, once you reach 100k, for every block that is made, one is destroyed. this also means you must trust somebody inside the network to give you a block to start with.
5 minute targets (some people fail to realize that once your transaction is in a block, rules for accepting coins in "limbo" no longer apply. if you want the same security then wait the 10 minutes and stop complaining, if you want me to write up a full description, just say and ill explain my reasoning)
I like some of your ideas. We need more coins over all. 21,000,000 just isn't "enough" to go around lol |
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So how then would one convince an investor to buy solidcoins at a 10x premium above i0coins if in fact they have the same algorithm? lol
How would you convince an investor to buy bitcoins at a 60x premium above solidcoins if in fact they have a worse algorithm? ^^ I dont have to. That's the point bitcoin has a much more established market share than solidcoin. LOL EDIT: I guess all 13 Terahashes of people mining are IDIOTS because they are still mining BTC based on your comment right? LOL I wouldn't cling on to statements like these. Miners will go where ever they can earn more for their time. And a real fiat exchange for nmc and sLc at ruxum about to change the game... |
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http://bitcoincloset.com/product.php?id_product=42Noun 1. Hassel - Norwegian chemist noted for his research on organic molecules. You mean "hassle": (as it's correctly said in the item's description) has·sle Noun 1. An argument or a fight. 2. Trouble; bother. Thank you very much, will change this when I get back home later. |
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Try now please.
Yea, sandbox is removed. Just having to add money to my walletbit account. [Edit]: Going to have to wait until tomorrow. [Edit2]: Got the confirmed payment through walletbit. Every time I try to buy via your site, I keep getting error.  I just did a live transaction and it worked perfect! Everything should be as is, please email me if you have any problems. |
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Huh?
Right now Bitcoins are Inflating not Deflating good sir.
They will only start to "Deflate" when the 21,000,000 cap is reached.
But once again many, many people have a problem calling digital property "deflationary".
This is not true, you are being misleading with trivial semantics. Because there EXISTS a cap, bitcoins are DEFLATIONARY. It does not matter that the cap has not yet been reached, because everyone in the market has KNOWLEDGE of the caps inevitable existence. Therefore the market will treat the currency in a deflationary manner. You can read about deflation at http://en.wikipedia.org/wiki/Deflation. You are being an idealist. I am trying to be rational here. If you can start up a network that is almost identical to Bitcoin at almost 0 cost, and have it relatively competitive in just a few months how can you claim that your 21 Million is divine? I understand Bitcoins will cap, but if the network cap is small and diluted due to competition from other currency's, than how much we are really going to make off it's deflationary properties. |
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I want to own every single type of cryptocurrency available to mankind.
Big business opportunity here: 1) Start a block chain once a day. 2) FlipPro will buy the useless coins from all of them. 3) Endless profit!!! If you still haven't noticed, that is exactly the reason why someone starts a new block chain that is just a copy of bitcoin. But people get what they deserve. Someone should write a patch for bitcoin so that the chain parameters can be specified as a command line argument. That way new block chains could be setup on a much higher rate, until all "curious" people have been milked as much as possible. I didn't buy IX or I0. Those were obvious scams... But I do own , Bitcoins, Namecoins , and Solidcoins. You won't be thinking I am so stupid when all these coins hit their respective peaks. And if I loose a few that's fine to. And actually IX and I0 coins are scams no more since they now have resurrected their network by copying Solidcoins new algorithm lol. How ironic... |
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Bitcoin is inherently DEFLATIONARY. This means that, in the long term, the value of Bitcoins will only go UP.
It is only deflationary in the minds of people who truly believe in Bitcoin. But for something that can be easily duplicated, and changed around it's kinda stupid to call it "deflationary". Like I said I think the best solution would be a fast algorithm that adapts to network situations fast (Solidcoin), that has a demuraging rate of all lost/stored coins, giving the money right back to the miners, and putting psychological pressure on people to spend. Some really intelligent people are already working on this sort of coin http://www.freicoin.org/. And we should definitely get rid of our sales pitch "deflationary". I think it really does do more harm than good especially when you are talking to an investor who has real hard deflationary assets. It's only deflationary until a certain point, when there are almost no NEW coins mined. Huh? Right now Bitcoins are Inflating not Deflating good sir. They will only start to "Deflate" when the 21,000,000 cap is reached. But once again many, many people have a problem calling digital property "deflationary". |
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Read my post I edited. The truth is undeniable at this point... I love Bitcoin with all my heart, but it has fundamental problems that NEED to be fixed. This entire notion that beta software should NOT BE CHANGED, is cult like, and totally opposite to how software development should be conducted.
One way to sustain Bitcoins viability is for Bitcoin to adopt a fast re-adjustment algorithm that isn't effected by huge network swings.
Bitcoin is in its infancy. It is an experiment that will be a lot harder to interpret if the 'protocol' is tweaked too much before even the first drop in block-reward happens. If miners start dropping like flies, there is a solution: pay higher transaction fees. If enough people pay enough transaction fees, mining will become profitable again. The protocol taking time to adjust to changes in network performance is a good thing. It allows miners to respond to problems on human time scales. I guards against network take-overs during localized outages. The 10 minute block interval reduces the number of stale blocks processed, while still allowing transaction to happen within a reasonable ammount of time. Put another way: you are thinking in the extreme short term. In my opinion any crypto-currency, no matter how good, will fail in the next 20-50 years. Modern computers are simply too insecure to handle a cryptocurrency. I predict that secure, proven correct on pain of liability, computers of equivalent complexity will take generations (or about 150 years) to develop. IMO, due to the 1996 WIPO 'Copyright' and 'Performances and Phonographs' treaties*, computer security has been regressing for the past 15 years. * Articles 11 (Copyright) and 18 (P&P) may be a symptom, rather than a cause of corruption. The fundamental issue is who controls the computer: the user or the manufacturer? Why would people want to pay higher transaction fee's, when they can go to a competing network and get the same amount of transactions done for free? This is my point, anyone thinking that they are going to be able to prevent anyone from competing with Bitcoin is nuts. Competition is only going to skyrocket after the first proven successful fork is established. It will only inspire even more people to spark their own idea/currency. I picture exchanges having 100+ crypto currencys in the next 10 years, all with their own properties/values |
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Bitcoin is inherently DEFLATIONARY. This means that, in the long term, the value of Bitcoins will only go UP.
It is only deflationary in the minds of people who truly believe in Bitcoin. But for something that can be easily duplicated, and changed around it's kinda stupid to call it "deflationary". Like I said I think the best solution would be a fast algorithm that adapts to network situations fast (Solidcoin), that has a demuraging rate of all lost/stored coins, giving the money right back to the miners, and putting psychological pressure on people to spend. Some really intelligent people are already working on this sort of coin http://www.freicoin.org/. And we should definitely get rid of our sales pitch "deflationary". I think it really does do more harm than good especially when you are talking to an investor who has real hard deflationary assets. |
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Stop using the same argument over and OVER again. That means I can also say it's up more then 1000x from the start. If solidcoin would replace bitcoin, that doesn't mean there can't be price bubbles ... Can you seriously tell me with a straight face that this entire decline has been a "price bubble"? This has been an out-right depression, and anyone thinking anything else needs to go read a book on economics. What he's trying to tell you, as if you didn't know already, is that this is a decline only if you start counting from June of 2011. But if you start counting from 2009 this is a 100,000 percent rise. Are you a fool or just playing one for your own interests? I guess I am "new" to Bitcoin compared to the earlier veterans (many whom are no longer here). I actually own both BTC and SC, so I have interests in BOTH. I want to own every single type of cryptocurrency available to mankind. The reason? I don't know the future, and neither does anyone else on this forum. All we can do is speculate with the facts given to us at any given time. Forget about the past because those days are truly over, and start thinking about the future. No one cares that the market has exploded 1000% in the past because all they have been doing since they signed on is loose money. I will put my time & money where ever I see the most progress in. I think many people get caught up in the sensationalism, and look at Bitcoin as this sort of godlike entity, when it's just a programming code that is absolutely amazing, but needs to fix a few things before it can go mainstream. It is of course still BETA. We got that "Beta" clause to push us all the way till next year. |
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Stop using the same argument over and OVER again. That means I can also say it's up more then 1000x from the start. If solidcoin would replace bitcoin, that doesn't mean there can't be price bubbles ... Can you seriously tell me with a straight face that this entire decline has been a "price bubble"? This has been an out-right depression, and anyone thinking anything else needs to go read a book on economics. |
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Coinhunter fixed this with his all new algorithm which doesn't care whether or not people agree to mine.
Wow, SolidCoins process themselves? No miners needed? Sign me up! This "new algorithm" is nothing more than difficulty adjustments every 240 blocks instead of 2016 blocks. A good change for an infant currency with wild swings in hashing power. Insignificant for an established currency like Bitcoin. Bitcoin is not established. Bitcoin is still very much in a halted Beta stage. As another poster on top said it has dropped 75% in value from the highs we just recently saw. That does not sound like an "established currency" to me. Bitcoin needs so many services & improvements to the main client before it can ever be called an established currency. But with all that being said are you not terrified of a network drop off? If the price does one final dive (This is very possible judging by the very shallow market-depth and stagnated downward price), Bitcoin will suddenly become VERY unprofitable causing the ever so likely scenario that so many have been warning about for months. Of course if there was pure adoption then this would not be an issue. But how can we expect businesses to adopt Bitcoin when the currency is dropping 75%? It's just not something that's to easy sell to sell at the moment, thus making a network drop off even more likely. A network drop off means, transactions don't go through. If transactions don't go through people will have to wait weeks for miners to sign back on, or for the difficulty to drop enough so that they can get whatever is left of their money. Now if we can get Solidcoins algorithm coupled with a demuraging system , that is used to fuel mining forever, we will have a true currency that I think the entire world would be able to adapt to. Bitcoin had an amazing start, and if the developers open their minds up a bit the Bitcoin brand can still be a very viable one. |
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Honestly, to me as a business owner, if I were coming in at this point in the game now? I'm more put off by the hardline libertarian "Taxation is theft! Fuck off parasite!" than I am a few douchebags trolling. At the beggining of Bitcoin the forum was much more libertarian, and the mood was a lot better. People had more respect for each other, conversations were less agressive. People were happy in the forum. Even socialist and libertarians were speaking and discussing rationally. It wasnt a problem at all. Since the "progressive kids" started pouring in with their stupid attitude and their programmed ignorance the whole thing started going down. I wouldn't go as far as giving the SA members such a serious title of progressives. Sure they are by majority a largely liberal forum, but to say that they have any specific ideology is an insult to all ideology's in current existence. They are more regressive than anything else. They sit around and waist of TON of time talking about completely useless shit. Far from progressive in my book... It's waste, and regressive is normally used to describe those who are for rolling back and 'regressing' to an earlier or more primitive time, such as that when we had no labor laws or regulations. If you think we are advocates for that, you should probably go read SA for a bit Thanks for the spell check, and I am sorry all I have seen from you guys is childish trolling. I have lurked all over your forum, and did find some good postings, but ironically these had the lowest amount of hits/reply's. All the stupid shit you guys had going on was steady at the top. |
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Honestly, to me as a business owner, if I were coming in at this point in the game now? I'm more put off by the hardline libertarian "Taxation is theft! Fuck off parasite!" than I am a few douchebags trolling. At the beggining of Bitcoin the forum was much more libertarian, and the mood was a lot better. People had more respect for each other, conversations were less agressive. People were happy in the forum. Even socialist and libertarians were speaking and discussing rationally. It wasnt a problem at all. Since the "progressive kids" started pouring in with their stupid attitude and their programmed ignorance the whole thing started going down. I wouldn't go as far as giving the SA members such a serious title of progressives. Sure they are by majority a largely liberal forum, but to say that they have any specific ideology is an insult to all ideology's in current existence. They are more regressive than anything else. They sit around and waist of TON of time talking about completely useless shit. Far from progressive in my book... |
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I've talked to Bruce and watched his show several times, and he is a really nice guy.... From my personal experience, it seems unlikely that he is the conman everyone is claiming him to be. He has a very open and honest character... Not at all 'shady' IMO.
Are you serious? You can't think of any reason why a con man(who makes a living on getting people to trust him with their money and well-being) seems like a really nice guy? A con man who seems shady isn't a very good one. And he was a good one, no idea how much he got but he was ordered to pay back over 350k so it was a lot. Then why the hell did he get caught? I bring this point up because if Bruce was hiding ANYTHING, he wouldn't be using all his REAL INFORMATION in the first place. You guys are absolutely INSANE, and you wonder why people won't take you seriously? |
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