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1661  Bitcoin / Bitcoin Discussion / Re: Why is the Occupy movement not immediately embracing bitcoin? on: October 12, 2011, 06:18:42 PM
Amsterdam and The Hague will hear about Bitcoin.
I've seen some enthusiastic bitcoin people there.
1662  Bitcoin / Bitcoin Discussion / Re: E-mailing merchants to ask if they can accept Bitcoin on: September 30, 2011, 04:07:42 PM
I've been asking merchants this for months, but bluntly said, nobody seems to give a shit they are all in the line of "PayPal, Creditcard or gtfo"
Sad though...
1663  Economy / Speculation / Re: Panic Selling on: September 09, 2011, 05:14:27 PM
Glad i cashed out at 14, i'll buy back at 0.00001 cents Smiley
1664  Economy / Speculation / Re: Prices are down... on: September 06, 2011, 01:50:42 PM
lol u guys are so optimistic
u should all mine hoard and buy solid coin, cause this new scam will last at least 2 more weeks, whereas bitcoin will fall to -2.30 USD before friday! So get your 2 weeks more of profit with solidcoin!

now gtfo.
1665  Bitcoin / Bitcoin Discussion / Re: Decentralized internet - and what it could mean For Bitcoin on: September 06, 2011, 01:02:36 PM
I thought of this years ago, and for the same reason Bitcoin will fail, this will fail.
People are stupid and ignorant and listen to governments that do not like these things, thus, it will fail naturally or be made illegal.
1666  Bitcoin / Bitcoin Discussion / Re: Who else sold out? on: September 04, 2011, 07:59:35 PM
My buy orders look like:
x at $8
2x at $4
4x at $2
8x at $1

That way I can take advantage of the price drop, no matter how low it goes.

How much will you sell those for when exchanges trade @ 0.00xxx?
1667  Alternate cryptocurrencies / Altcoin Discussion / Re: Alternate cryptocurrencies exchange on TradeHill and MtGox !!! on: August 29, 2011, 10:23:45 PM
Lol, alternative blockchains are fun to make some quick proffit, but to take any next scamcoin seriously on any big bitcoin exchange will only hurt the image of bitcoin in the end i think.
1668  Economy / Speculation / Re: Bloody Monday in the bitcoin? on: August 29, 2011, 10:18:55 PM
The hell guys...
I had to stop mining when it dropped under 15 USD...
You guys have free electricity or what? :S
1669  Bitcoin / Bitcoin Discussion / Re: Value plummeting??! on: August 27, 2011, 05:41:50 PM
This is the one big crash we will see, in about 1-2 weeks bitcoin is dead, no miners, no traders.
Sell while you can.
1670  Bitcoin / Bitcoin Discussion / MtGox spoof mail+site on: August 27, 2011, 03:31:06 PM
Just received an email from 'info@mtgox.com' with the news of 11-08-2011, a link in the message has the text of the mtgox newsletter link but truely links to:
hxxp://mtgox.tk/users/login

carefull if you got this email too.
1671  Alternate cryptocurrencies / Altcoin Discussion / Re: SolidCoin 1.02 Released on: August 27, 2011, 03:12:49 PM

The network exploding IS a good thing... That means the miners are taking SolidCoin pretty seriously.


Miners take it seriously only as a 'get rich quick' scheme.
1672  Bitcoin / Bitcoin Discussion / Re: How safe is it to store a KeePassX file on dropbox? on: August 26, 2011, 06:14:33 PM
Afaik they use AES-256 standard so it should be safe for a while, maybe there's a bug in the implementation though... check the source if you don't trust it.
1673  Economy / Speculation / Re: Bitcoins can now only buy 100 solidcoins, how far will BTC fall against SC on: August 26, 2011, 03:45:31 PM
First, bitcoin will fall, people will jump and hype SolidCoin, because it's sooo much *cough* better...
Then, people will say, well this is retarded and useless, SolidCoin crashes and dies out.
Then they all have a laugh about how stupid ecurrencies were and how we left so many people holding the bag.
Then the economy crashes and we whish we had put any serious effort into bitcoin instead of making it a personal profit sceme.

Just what my crystal ball tells me.
1674  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANNOUNCE] SolidCoin - new and improved block chain. Secure from pools on: August 26, 2011, 03:38:02 PM
Guys calm down, SC value isn't exploding, since the BTC you're trading them for are dropping like a rock.. xD
Wonder if it's because of SC...
1675  Alternate cryptocurrencies / Altcoin Discussion / Re: SolidCoin 1.01 Released on: August 25, 2011, 07:58:44 PM
confirmations = blocks.

The block that contains your transaction gets 'burried' under new blocks, every new block on top is another confirmation.

Right but the piece of the equation I think is being missed is each tier:

Tier 1 - You get into a single block and get confirmed

Tier 2 - That block is handed off to 8 other nodes for 8 more confirmations

Tier 3 - Those 8 nodes pass off to 8 more nodes for 64 more confirmations

and so forth... (unless I have a system/math fail)

So while your client only see's 3 confirmed blocks, it can get up to 64 confirmations (probably less actually because now that I am thinking it would propogate to 7 additional nodes not 8 right? ...I is confused...)

Thats not how the blockchain works. Thats how the transaction 'order' gets processed.
It just spreads like a virus thru all the nodes, the one node that manages to put it into the next block sends out this block to the nodes it's connected to, adding to their blockchain, those nodes will forward the new block to their connected nodes aswell etc etc, again, like a virus.

However, this process has nothing to do with confirmations.
1676  Alternate cryptocurrencies / Altcoin Discussion / Re: SolidCoin 1.01 Released on: August 25, 2011, 05:00:01 PM
confirmations = blocks.

The block that contains your transaction gets 'burried' under new blocks, every new block on top is another confirmation.

The difficulty changes at first made me pretty enthusiastic about solidcoin, however, thinking it over it doesn't make much of a difference at all. (still some though)
If the value would crash and stay down this dramaticaly that most miners call quits i think Bitcoin failed as a whole. Most of the time the value will just recover and the few miners that quit will either stay out or jump back in again.

SC can easily be pump and dump all that is required is a few bitcoiners with a few bitcoins to spare.
- Keep buying SC for the first period of it's existence, price rises because of you pumping in bitcoins.
- People think this is the next big thing, they start buying in, price rises even more.
- Wait...
- Sell your shitload of SC at crazy prices.

I believe this is whats going on...
1677  Economy / Speculation / Re: Is bitcoin soon to begin its death drop again? I feel it coming. on: August 25, 2011, 02:26:06 PM
Better sell them fast and cheap before it's too late then, send me a pm with prices Smiley
1678  Economy / Speculation / Re: What do you expect to happen to bitcoin in a year's time on: August 25, 2011, 02:23:33 PM
I expect the community to have died out because of trolls and flamewars.
Bitcoin will see it's biggest depression and biggest rise aswell in the meantime,
in about a year i expect the value to be about 300-500 USD, not all because bitcoin went up so much but also because the dollar is tanking, as is the euro Smiley And we're just getting started!
1679  Bitcoin / Bitcoin Discussion / Re: Mineing in Stealth on: August 25, 2011, 01:45:33 PM
Hope your stolen resources make you feel proud of your earned bitcoins...
1680  Alternate cryptocurrencies / Altcoin Discussion / Re: SolidCoin 1.01 Released on: August 25, 2011, 01:06:07 PM
I don't think people are yelling 'scam'  because SC is a threat to BC.
It is because SC doesn't offer anything really new.
Main points for SC as far as i understand are FAST and SECURE transactions.
As i've said earlier, the security of a transaction in terms of a double spend doesn't have to do with the time it takes to create a block, it has to do with the amount of work over a certain period of time at a given difficulty. For bitcoin that's generally one hour of work, meaning avg of 6 blocks, for SC it's still an hour of work so; 20 blocks.
One plus for fast blocks is that the statistic variation for somebody to find a block is distributed a bit more nicely...
In the end, blockchain method won't work for any instant transactions, we need and have other solutions for that.

Other thing that simply annoys the shit out of me is the 'no early adopters with huge loads of SC' argument.
The early adopters of bitcoin have/had potential to become rich, many have sold their stash at insanely low prices. Everybody jumping in at this moment is still an early adopter.
People who farm SC for the first months will be early adopters too, having insane amounts, just because it's 1000 early adopters instead of 100 doesn't make any difference.
In my opinion the BC early adopters deserve it for establishing all that we have now, whereas SC early adopters are just pathetic speculators or jealous people who can't stand anyone else getting rich for being first.

I do like the GUI improvements, sucks that BC dev's don't work on that. Wallet encryption is nice too.
This version crashes for me on exit by the way on Win7.

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