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17321  Alternate cryptocurrencies / Altcoin Discussion / Re: IXcoin -- enough is enough! on: August 24, 2011, 01:20:05 AM
The pre-mined coins were held so bounties could be offered to promote and expand iXcoin

https://ixcoin.org/wiki/index.php?title=Category:Bounties

Yes offer worthless copy-cat coins as bounties so people can do your dirty work. trade their time and effort (worth something) for dixcoins which have almost zero value.

Great explanation of why people should invest.

Why stop at premining 580k coins when you could have premined 5,800,000 dixcoins?


 Cheesy
17322  Alternate cryptocurrencies / Altcoin Discussion / Re: IXcoin -- enough is enough! on: August 24, 2011, 01:18:03 AM
No way.

IXCoin is just what Bitcoin needs!

I've just bought my 2000 IXC for a very cheap 12BTC

We & Bitcoin need competing currencies.

Trust me this is a good thing.

Cheap? The rate you bought them at must have been about 0.006btc.

Now they are at like 0.0007btc each.

You are right they were very cheap! You just misread the price tag and bought at the top.

LAWL
17323  Alternate cryptocurrencies / Altcoin Discussion / Re: IXcoin -- enough is enough! on: August 24, 2011, 01:16:29 AM
If you don't like it - just ignore it.

Wow...

LOL why don't you tell us all how much BTC you invested into dixcoins?

Lovely market value of a high at 0.0095btc now at 0.007btc.

LAWLz

Ignore it? Nah. Grin
17324  Alternate cryptocurrencies / Altcoin Discussion / Re: Solidcoin's Coin Maximum to be Reached within 6 mo. to 2 yr. on: August 24, 2011, 01:07:12 AM
You obviously missed the comment I made where I complimented you for making decent changes in solidcoin unlike ixcoin. Funny thing is you did not even take notice to where I was giving you kudos.

Instead you are responding in a presumptuous manner that says you think you know what I am thinking and feeling which is why you make such absurd claims about me "suffering".

LOL

Naw I didn't miss it. Smiley  I'm just having a bit of fun with you is all, because of your mindset that it was a pump-n-dump scam. If you can't see how you made an error before and that there is some humour in that then meh. Smiley

Please tell me when I ever indicated it was a pump-n-dump scam. Send me a link please.  Roll Eyes
17325  Alternate cryptocurrencies / Altcoin Discussion / Re: Solidcoin's Coin Maximum to be Reached within 6 mo. to 2 yr. on: August 24, 2011, 12:33:07 AM
You seriously need to proofread your posts prior to posting them. "Suffering"? Please, if I am suffering making 32 btc in 12 hours please put me out of my misery by sending all of your BTC to my address below.

Yes you are suffering because you could have had nearly 150 BTC at current rates instead of 32 BTC, and if you sold at the current peak, nearly 300 BTC. That's a lot of coin right there you have given up to someone else, it's just funny you were so proud about it the other day and now you're bitter about it posting negative threads/posts and whatnot.

It's a good feeling though that you have helped someone else attain more wealth isn't it? You should be feeling good about it like I am.

Nice pickup Coinhunter...  Wink

Obviously you are really quiet about my other comment asking you how your ixcoin investment is going. Yeah hush hush don't tell anyone that you unloaded a large amount of BTC to buy ixcoins and now the market value is in the toilet.

Yo coinhunter! If anyone is suffering right now it's OLDMINER and THOMAS NASAKIOTO who praise and promote ixcoins! LOL
17326  Alternate cryptocurrencies / Altcoin Discussion / Re: Solidcoin's Coin Maximum to be Reached within 6 mo. to 2 yr. on: August 24, 2011, 12:29:51 AM
You seriously need to proofread your posts prior to posting them. "Suffering"? Please, if I am suffering making 32 btc in 12 hours please put me out of my misery by sending all of your BTC to my address below.

Yes you are suffering because you could have had nearly 150 BTC at current rates instead of 32 BTC, and if you sold at the current peak, nearly 300 BTC. That's a lot of coin right there you have given up to someone else, it's just funny you were so proud about it the other day and now you're bitter about it posting negative threads/posts and whatnot.

It's a good feeling though that you have helped someone else attain more wealth isn't it? You should be feeling good about it like I am.

You obviously are trying to put words in my mouth by say that I am "suffering" because I could have, would have, should have...

I made profit and that still puts me on the winning side of the trade.

You obviously missed the comment I made where I complimented you for making decent changes in solidcoin unlike ixcoin. Funny thing is you did not even take notice to where I was giving you kudos.

Instead you are responding in a presumptuous manner that says you think you know what I am thinking and feeling which is why you make such absurd claims about me "suffering".

LOL
17327  Alternate cryptocurrencies / Altcoin Discussion / Re: "Thomas Nasakioto" of ixcoin is OldMiner... on: August 23, 2011, 10:27:45 PM
Oldminer is at it again! LOL! No surprise!

Check it out: https://bitcointalk.org/index.php?topic=38851.0
17328  Alternate cryptocurrencies / Altcoin Discussion / Re: Solidcoin's Coin Maximum to be Reached within 6 mo. to 2 yr. on: August 23, 2011, 10:25:25 PM
And thanks again for selling so low.


LOL great thread. Smoothie didn't get it the first time you said this and to be honest, neither did I. But even after saying it a second time HE still doesn't get it - old Mr 'pump 'n dump' still thinks he made the right decision selling off early. But no surprise really...he's not the brightest card in the deck round here  Grin

LOL great thread. Time to break out the popcorn...



LOL this is coming from the guy who is invested heavily in ixcoins?

How's that investment coming along now?

 Cool

Oh and BTW i've made more BTC in one night of miningsolidcoins than you have in total ixcoins I bet. LOL

Oh wait...nevermind you and Thomas are one in the same so 580k ixcoins is like 50 BTC.

LAWL  Grin
17329  Alternate cryptocurrencies / Altcoin Discussion / Re: "Thomas Nasakioto" of ixcoin is OldMiner... on: August 23, 2011, 09:07:42 PM

Anyone seen the block rate of ixcoins? It's like 0.4 blocks per hour. Next difficulty adjustment in 22 days. LOOOOOOOOOOOL

Market price is 0.0007btc per ixcoin LOL!
17330  Alternate cryptocurrencies / Altcoin Discussion / Re: Solidcoin's Coin Maximum to be Reached within 6 mo. to 2 yr. on: August 23, 2011, 08:39:01 PM
Keyword: were

Now its more like 100 GH/s...see the pattern?

It's closer to 180GH actually. And it's growing again due to recent price rises.  I can understand why you're so bitter because you thought SolidCoin was like the other 2 (even though the available evidence easily contradicted this) and you cashed out early. But that's life man. Perhaps you can still make a buck or two buying back in, it's got a long way to go.



Bitter? How did you come to that conclusion?
17331  Alternate cryptocurrencies / Altcoin Discussion / Re: Solidcoin's Coin Maximum to be Reached within 6 mo. to 2 yr. on: August 23, 2011, 12:28:19 PM
240 blocks at those low rates may turn out to be longer depending on how profitable it is to mine them. Judging from the past with other block chains, solidcoins will likely have long difficulty adjustments even with 240 blocks per period.

 Grin

All we can do is wait and see my friend. Currently SolidCoin has the world record for block generation over a 48 hour period. Going by my calculations and from what I have learned studying the networks it's going to take someone with a few million dollars and a personal grudge to slow SolidCoin down. People were saying after 24 hours it was dead, after 48 hours it was dead, and they will keep saying it until it has been proven. I wouldn't expect otherwise.

OR...

Market price tanks and then hashing power flees for the next month or two or three.

So far so good, yes. But given that miners will likely only stay while it is profitable, you will continually need inflow of BTC to the exchanges to pump the price high enough for miners to want to mine solidcoins.

It wasn't profitable today and people were still mining. 250GH. Just because it's not profitable today doesn't mean those coins mined today won't be profitable in a day, week, two weeks or a months time. It's only people like yourself that mined early, sold very low and thought it was some pump-n-dump scam from the start that are suffering.

Keyword: were

Now its more like 100 GH/s...see the pattern?
17332  Alternate cryptocurrencies / Altcoin Discussion / Re: Solidcoin's Coin Maximum to be Reached within 6 mo. to 2 yr. on: August 23, 2011, 12:20:46 PM
240 blocks at those low rates may turn out to be longer depending on how profitable it is to mine them. Judging from the past with other block chains, solidcoins will likely have long difficulty adjustments even with 240 blocks per period.

 Grin

All we can do is wait and see my friend. Currently SolidCoin has the world record for block generation over a 48 hour period. Going by my calculations and from what I have learned studying the networks it's going to take someone with a few million dollars and a personal grudge to slow SolidCoin down. People were saying after 24 hours it was dead, after 48 hours it was dead, and they will keep saying it until it has been proven. I wouldn't expect otherwise.

OR...

Market price tanks and then hashing power flees for the next month or two or three.

So far so good, yes. But given that miners will likely only stay while it is profitable, you will continually need inflow of BTC to the exchanges to pump the price high enough for miners to want to mine solidcoins.

It wasn't profitable today and people were still mining. 250GH. Just because it's not profitable today doesn't mean those coins mined today won't be profitable in a day, week, two weeks or a months time. It's only people like yourself that mined early, sold very low and thought it was some pump-n-dump scam from the start that are suffering.

You seriously need to proofread your posts prior to posting them. "Suffering"? Please, if I am suffering making 32 btc in 12 hours please put me out of my misery by sending all of your BTC to my address below.
17333  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANNOUNCE] SolidCoin - new and improved block chain. Secure from pools on: August 23, 2011, 10:50:16 AM
A few BTC miners?

How about all of them. How many of them do you know made 16 to 200 times the amount of BTC in a single day?

Also I've "won" when I believe I've made out good. So that's a matter of opinion buddy.

Hehe ok, I know they are big on merit badges these days. So good win there! Smiley

Thanks! And hey good job on creating a block chain that at least has some decent changes, although I still have my reservations based purely on miner history.


GOOD JOB! Grin
17334  Alternate cryptocurrencies / Altcoin Discussion / Re: Solidcoin's Coin Maximum to be Reached within 6 mo. to 2 yr. on: August 23, 2011, 10:49:08 AM
240 blocks at those low rates may turn out to be longer depending on how profitable it is to mine them. Judging from the past with other block chains, solidcoins will likely have long difficulty adjustments even with 240 blocks per period.

 Grin

All we can do is wait and see my friend. Currently SolidCoin has the world record for block generation over a 48 hour period. Going by my calculations and from what I have learned studying the networks it's going to take someone with a few million dollars and a personal grudge to slow SolidCoin down. People were saying after 24 hours it was dead, after 48 hours it was dead, and they will keep saying it until it has been proven. I wouldn't expect otherwise.

OR...

Market price tanks and then hashing power flees for the next month or two or three.

So far so good, yes. But given that miners will likely only stay while it is profitable, you will continually need inflow of BTC to the exchanges to pump the price high enough for miners to want to mine solidcoins.

17335  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANNOUNCE] SolidCoin - new and improved block chain. Secure from pools on: August 23, 2011, 10:45:19 AM
LOL I've already won.

12 hours of mining = 32 BTC
24 hours of mining ixcoins = 222 BTC

I'd say I'm one of the few winners.  Cheesy

Yes you beat a few BTC miners, but you haven't beat the people who have held SolidCoin. You haven't "won" when you only beat half the competitors in a race, right?

A few BTC miners?

How about all of them. How many of them do you know made 16 to 200 times the amount of BTC in a single day?

Also I've "won" when I believe I've made out good. So that's a matter of opinion buddy.

 Grin
17336  Alternate cryptocurrencies / Altcoin Discussion / Re: Solidcoin's Coin Maximum to be Reached within 6 mo. to 2 yr. on: August 23, 2011, 10:42:37 AM
It is either 240 blocks or 12 hours for readjustment, not 48 hours. Or did I read your website wrong? LOL

It's ok, I can help you with the math. 240 blocks is only 12 hours when running at 3 minute blocks.

If hashing power is balanced at say 1 million diff and blocks are at 3 minutes and all of a sudden hashing power drops to 250K then to readjust it's going to take 4 times longer. ie 48 hours. Hope that helps. Good luck with your future trades.


Ahh I see. Thanks for the clarification.

Although I still see that difficulty adjustments may take longer than you expect.

Ixcoins has bout 213 blocks to readjustment and their hourly rate of block generation is 0.333 blks/hr.

So they will have a 26.6 day readjustment period on 213 blocks.

240 blocks at those low rates may turn out to be longer depending on how profitable it is to mine them. Judging from the past with other block chains, solidcoins will likely have long difficulty adjustments even with 240 blocks per period.

 Grin
17337  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANNOUNCE] SolidCoin - new and improved block chain. Secure from pools on: August 23, 2011, 10:37:27 AM
You're welcome. Although I think that the price of solid coins will not go far. Now see, the fact that difficulty can adjust downwards 400% in twelve hours says that in 48 hours of down time the network can adjust 25,600% downwards making mining easy yes. But what does this do to the supply of solidcoins over the short term?

The amount of solid coins is destined to be over supplied and the maximum will likely be reached waay before 2022. Time will tell. Grin


Actually that's wrong, I addressed the thread you created on that. I'm sorry that you could have made more BTC if you waited but not everyone can win.

LOL I've already won.

12 hours of mining = 32 BTC
24 hours of mining ixcoins = 222 BTC

I'd say I'm one of the few winners.  Cheesy
17338  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANNOUNCE] SolidCoin - new and improved block chain. Secure from pools on: August 23, 2011, 10:35:01 AM
Quote
How does SolidCoin differ from Bitcoin?
  • Faster transaction processing
  • Protection against pump-n-dump by large pools
  • Twice daily difficulty retargets
  • 3 minute blocks, 32 SolidCoins per block
  • Maximum coin generation of 18.9 million (18900000) to be reached by ~2022
  • Fixed transactions fees instead of unknown variable fees in BTC
  • Interface improvements
  • JSON API improvements
  • Different address format
   


What did I miss in the retargeting of difficulty?
17339  Alternate cryptocurrencies / Altcoin Discussion / Re: Solidcoin's Coin Maximum to be Reached within 6 mo. to 2 yr. on: August 23, 2011, 10:32:16 AM
Here is why Solidcoin will mature much faster than 2022:

Example:

Say the unprofitable difficulty is at 16,000.

So in 12 hours the network could reach 4,000 difficulty.

See that's where you're wrong! Smiley

A difficulty 16000 down to 4000 would mean a drop off at least 400% in hashing power. This means the 12 hours would blow out to 48 hours and 3 minute blocks now become 12 minute blocks (at least).

Now you see why SolidCoin is so stable ? And thanks again for selling so low.


Still not seeing your math dude. It takes 12 hours to bring the difficulty down by max 400%. But it can take a few weeks depending on the hashing power to get the difficulty back up. Now getting the difficulty back up is where the blocks get generated thus increasing the supply immensely.

Didn't you also say there are 2 daily difficulty adjustments? Then how would 12 hours blow out to 48 hours?


It is either 240 blocks or 12 hours for readjustment, not 48 hours. Or did I read your website wrong? LOL
17340  Alternate cryptocurrencies / Altcoin Discussion / Re: Solidcoin's Coin Maximum to be Reached within 6 mo. to 2 yr. on: August 23, 2011, 10:06:20 AM
And you felt this needed a new topic because?

Because I can... Tongue
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