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1721  Bitcoin / Bitcoin Discussion / Re: ebay ceo slips up and spills the beans on: February 20, 2014, 06:23:49 AM
in this thread

people getting excited about low value change for retail junk market at that.

still not getting the del money in backbone currency.

it's like were in 2010 but in relation to another coin.
1722  Economy / Service Announcements / Re: CoinJar - Australia's first VC-backed Bitcoin startup on: February 20, 2014, 02:58:13 AM
hi, where are you getting your spot rate from? it seems quire high

667.7894??? USD

when on bit coin wisdom it looks about $630 USD excluding gox
1723  Alternate cryptocurrencies / Altcoin Discussion / Re: **** Official Ethereum QA thread **** on: February 19, 2014, 09:55:51 PM
depends on the product.

eg satoshi didn't advertise bitcoin that much
1724  Alternate cryptocurrencies / Altcoin Discussion / Re: Your altcoin portfolio on: February 19, 2014, 01:34:42 PM
LTC <---
PPC <---
NXT <---
NEM <---
IOC
IXC
DOGE <--
XRP <*-


PANDA
1725  Alternate cryptocurrencies / Altcoin Discussion / Re: NXT ?? on: February 19, 2014, 12:57:26 PM
NXT could be overtaken by a competitor such as NEM with a better initial distribution as this will attract a wider following more quickly.

NXT is a great idea, great code, great devs, so is ripple, both suffer from volume due to this lock poor distribution out feature.

Tenebrix suffered from this, and look what LTC did to that will a better launch by distribution.

Doge is the opposite to this it reaches a large market.

Abso-fucking-lutely never.
The vast, vast , vast majority of NEM accounts are sockpuppets owned by 1% It has worse distribution than NXT and UtopianFuture refused to do shit about it.

I don't mind NEM at all, infact I own a single stake in it (because I followed the rules), but NXT is the future.

how much is a stake?

Why are you telling us such lies about NEM. Do you know utopianfuture? Do you know about NEM enough to judge about the future of that coin?
I thought i'd find a fair discussion based on facts.

No offense Schwarzalbert, but you don't know what you are talking about.  NEM's distribution is poor because people didn't follow the rules.  Uniqueorn is correct.

if the sockppupet issue is to large enough then mathematically hem would have a worse distribution than NXT. A casual glance at the numbers involve would about 72 members for NXT of who a % could be sock puppets.

in nem there are...1200 and you can see duplicates have been detected, proptionaly even if there are more sockpupets in NEM, absolutely this would still leave more founders coins in more hands.....

any how its seem 1200 would be more distributed that 72.....

I think a cut of date by registration is a good solution.

Also why did nxt stop its buy in prematurely?

No one really knows except for BCNext.  It's my opinion that it was ended because BCNext knew that if he left it open longer there was a higher chance of multiple stakes belonging to one person.  It's my belief that very few, if any, Nxt stakeholders had multiple stakes.  Remember, few people were interested in Nxt at that time.

well thats not completely  true.

See before nxt, and even that thread, some release  beta of nxt almost exactly as it was and I downloaded it an tried it, then they said nope not doing this. It's in the threads here it was july to Aug last year. I tangentially heard about nxt but was away during the fund raise, due to other reasons, but it was cut short.

I don't think it was the sockpupets coming from the outside at that loin, it must have been a dilution issue decision.

Also what happened to bcnext and when did he leave and who was Come from Beyond attracted to be come core dev?

1726  Bitcoin / Bitcoin Discussion / Re: What's the maximum amount of bitcoins you ever held? on: February 19, 2014, 09:44:30 AM
its ok in 5 years people will be,

<> I had 1 bit coin and now only 1 70mBits


<> wow a whole BTC?Huh how'd you loose it....I wish I could get earlier like at 1300 each "ATH' lol.
whom you are referring too.?
you answered many question but can't figure out the question .!

just predicting how this sorta thread will run in 3 -5 years time.
1727  Alternate cryptocurrencies / Altcoin Discussion / Re: NXT ?? on: February 19, 2014, 01:40:35 AM
NXT could be overtaken by a competitor such as NEM with a better initial distribution as this will attract a wider following more quickly.

NXT is a great idea, great code, great devs, so is ripple, both suffer from volume due to this lock poor distribution out feature.

Tenebrix suffered from this, and look what LTC did to that will a better launch by distribution.

Doge is the opposite to this it reaches a large market.

Abso-fucking-lutely never.
The vast, vast , vast majority of NEM accounts are sockpuppets owned by 1% It has worse distribution than NXT and UtopianFuture refused to do shit about it.

I don't mind NEM at all, infact I own a single stake in it (because I followed the rules), but NXT is the future.

how much is a stake?

Why are you telling us such lies about NEM. Do you know utopianfuture? Do you know about NEM enough to judge about the future of that coin?
I thought i'd find a fair discussion based on facts.

No offense Schwarzalbert, but you don't know what you are talking about.  NEM's distribution is poor because people didn't follow the rules.  Uniqueorn is correct.

if the sockppupet issue is to large enough then mathematically hem would have a worse distribution than NXT. A casual glance at the numbers involve would about 72 members for NXT of who a % could be sock puppets.

in nem there are...1200 and you can see duplicates have been detected, proptionaly even if there are more sockpupets in NEM, absolutely this would still leave more founders coins in more hands.....

any how its seem 1200 would be more distributed that 72.....

I think a cut of date by registration is a good solution.

Also why did nxt stop its buy in prematurely?
1728  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NEM] New registration introduction thread on: February 19, 2014, 01:35:13 AM
Hi will add a bit more later, but love crypto's and crypto space!
1729  Alternate cryptocurrencies / Altcoin Discussion / Re: NEM and NXT conspiracy? on: February 19, 2014, 01:33:23 AM
i think there must be a way to give out coins more fairly......and by fairly i mean distributed in the interests of uptake of that coin.


it would involve some sort of hard to to captacha + ip + address + Huh?

this may be part of the crypto puzzle to solve.

A provably distributed coin would be worth a lot
1730  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [pandacoin] The Panda Coin ♥ Scrypt Adaptive-N w/Kimotos Gravity Well ★ on: February 19, 2014, 01:28:59 AM
i think crypto rush spike buy are a sham, they appear to go up do not actually buy the coins at that level,
1731  Alternate cryptocurrencies / Altcoin Discussion / Re: nem stake holder list on: February 19, 2014, 01:25:54 AM
whats group 3?
1732  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] PiNX :: descendant of NXT — So much YUM on: February 19, 2014, 01:23:48 AM
For details left unexplained, PiNX can’t lead this project.

In the end, all I have given you is a vision.  It is up to community to make that vision a reality.

Goodbye.

wait, what did you just eject from the entire project
1733  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: [ANN] Nxt to NEX Buy In - Exchange 1 Nxt for 50 NEX (MODERATED) on: February 18, 2014, 04:50:25 AM
ok I recall this was just say interested then you get a stake.

in any even I pledge 2500NXT

is that how I get a stake?
1734  Bitcoin / Project Development / Re: BANK RUN! - P2P Fiat-Bitcoin Exchange on: February 18, 2014, 02:18:35 AM
what motivation does he have to sign BTC over?

eg by no signing he acutly increases his wealth (sender is poorer) and marginally increases his and every one else BTC worth, by leaving BTC locked up.

time this by millions of transactions and you get alot of BTC locked up forever, and sender looses

" what motivation does he have to sign BTC over?" - To get back his collateral.
The 0,1 btc in the paper is only an example, can be any. Think to 1 btc collateral, that's much incentive to behave fair.
No, he does not increase his wealth (he has spent 1 btc + coll and received 1000 USD), so the collateral he needs to get back otherwise he loses.
The effect of a locked up btc is close to zero (about 1/10 M).
Locked funds will happen but probably very rare (1 of 1000?). There is no way to win money, only lose less then the other, that is for normal people no incentive to behave unfair.

ok so if he want to get his 1BTC back he has to sign over the 0.1 btc to the other person as they are both locked up together so what is the mechanism to hold the 1 BTC locked up and who / what has the key and what trips it to pay out.

Whatever that is at its root faces the same problem.

Actually I kinda get it

the 1.2 btc multi sig, allows the 0.1 to flow back to bob, so he is motivated to sign it, he however does at this ratio can burn sender much more.

You likely need a ration that is higher

to really hurt bob if he does not sighn.

the other problem is if he just does not sigh, while this hurts bob, it does not help sender, so that need to be taken care of some how.

Eg Bob dies or looses keys then what?

1735  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] ME.TOO :: descendant of NXT - 4 billion coins on: February 18, 2014, 02:14:57 AM
Im in.

you realise you have to do more than clone the source right.

theres all sorts of traps in that code they will release.
1736  Alternate cryptocurrencies / Altcoin Discussion / Re: 6 Crypto Currencies to Hold Long on: February 18, 2014, 01:59:21 AM
PeerCoin (It's actually the only one designed for the long term)
NEM/<NXT?>
BTC
LTC
emunie
1737  Alternate cryptocurrencies / Altcoin Discussion / Re: MC2: A democratic cryptocurrency based on a hybrid PoW/PoS system on: February 18, 2014, 01:55:24 AM
I was wondering when someone would come around and implement all of the cool features we are seeing in other alt-currencies at once, yet you seemed to have taken it another step further. How much of the feautures do you plan on borrowing directly from BTC using their stable code as a base? Without trying to pick on an obvious influence for your current model, it's nice how your are already showing the inner working of the math involved within the original alpha white paper. Something that PPC is still lacking in my opinion.

Thanks.  I think it's best to go over the theory really hard before even trying to put it into code.  I want to try to stick as closely to the original BTC code as possible.

If Sunny King or other PPC folks want to chime in, I'm kind of curious as to how PPC prevents brief forks using rapid bursts of stake blocks.  The network time method seems like the easiest and most foolproof method to implement, but I'm wondering if there's some kind of major problem with it.

I think NXT has a should forge nxt routine that penalises a node for not producing the next block......

Also when is the launch

I feel that once nxt gets its p2p exchange out, and it works now, plus scripting, its kinda game over for almost all alts excepts PeerCoin, LTC, Doge, PrimeCoin, CureCoin and ethierium.

and nxt inturn will get taken down by NEM and Emunie.
1738  Alternate cryptocurrencies / Altcoin Discussion / Re: * This is how you become an altcoin Millionaire * on: February 18, 2014, 01:50:04 AM


Tk808,

No, I'm in Oregon and he said you're in Oregon too.  He didn't check our IP's?  What an amateur.

I plan to go to San Fran (Silicon Valley) next month to find a better job.  I may be living in my car a good month unless I'm fortunate enough to find a job right away.
I thought you made a 100 grand off of iXC?

I haven't sold any of my IXC coins.  Not one.  And I'm not gonna sell them to pay for a hotel.  I'm on a tight budget since all my spare cash goes to crypto investments.  I don't mind roughing it for a few weeks if necessary.  

Vlad you may want to consider diversifying some of your 600K ixc into NXT, as they are a similar price and you could afford a little. Also NEM looks good in the future and of course PeerCoin.

I think a good holding in a favourite coin is ok, but diversification really adds security at minimal risk.

eg will 550K vs 600K coins make a real difference to your net worth/buying power if IXC take off.
1739  Alternate cryptocurrencies / Altcoin Discussion / Re: * This is how you become an altcoin Millionaire * on: February 18, 2014, 01:42:02 AM

I'm so sick of hearing there's not enough liquidity and I can't sell my iXcoins.

In the last 3 months there have been bouts of HUGE volume on massive price spikes.  Plenty of days with 50+ BTC in volume.  I could have sold all of my iXcoin, every last coin, 3 times over [and then some] if I wanted to.

The fact I didn't even sell 1 single coin says I'm not interested in selling.  Pretty logical, no?

And I need to prove to you people how much I believe in iXcoin like I need to prove to my dog that I'm really the boss around here.  It's a joke.

Anyone who sold every other alt coin, and I had tons of quark, DGC and 12 other alt-coins, and put it all on one single coin (iXcoin) and even when he's up 40-fold on profits he doesn't sell a single coin - well, to me that's a guy who's either crazy or he really believes in that coin.

If anyone needs more proof than that I can probably put up some pics of me in some iXcoin Man-Panties.  Cause it doesn't get more dedicated or loyal than wearing your coin's logo on your man-panties.

no  the guy not selling is just Away from the keyboard, forgotten about it, or has bot on auto pilot. Also I don't recall the profit being 40x any time in the last year for IXC i could be wrong, but its been between 0.0003 and 0.00009 or something like that.
1740  Alternate cryptocurrencies / Altcoin Discussion / Re: * This is how you become an altcoin Millionaire * on: February 18, 2014, 01:34:11 AM
I lost big on ixc so far 0.0003 to 0.0001 I'm not sure it ever recovered.

I think I much prefer IO coin.....IX without the whiff of scam, and still a very high hash.

I think Ixers with become IO's over time as they understand this.

IO coin offers all the benefits of IX none of the problems.
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