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1741  Bitcoin / Bitcoin Discussion / Re: What's your percent chance that Bitcoin will be the "Myspace" of cryptos? on: June 21, 2014, 06:27:49 PM
First coin that comes out with solution to preventing 51% attacks and better network decentralization will become Facebook and BTC will become MySpace if it doesnt adapt. But, as far as i know solution is not as easy as everyone thinks so we might wait for some time untill that happens. It's possible that BTC devs find solution like that which would set BTC's no1 place in stone and noone could touch it for quiet some time.

If you've been under the rock recently, there are at least 2 such coins more or less known and with a few months of track record:

PoW: Myriadcoin
PoS: NXT
1742  Economy / Service Discussion / Re: Karpeles back to living large in one of the most expensive apartments in Tokyo on: June 21, 2014, 02:11:41 PM
I see a lot of symbolism in this - "I sh*t on you".
1743  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: June 21, 2014, 12:34:31 PM
What is Swarm and why does it matter that it accepts XCP?
1744  Alternate cryptocurrencies / Altcoin Discussion / Re: Litecoin is officially dead on: June 21, 2014, 12:33:33 PM
wogtami is a top class dev.

the coin has top dev team

thats enough to make me hold LTC atm

Well, if they don't use their top skills, what's the use? Has Litecoin introduced any new feature recently? Apart from Coin Control, which is only a cosmetic improvement of the main function of storing and transfer of funds, there's been zero useful features added.
1745  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: June 21, 2014, 12:00:59 PM
Someone dump a lot XCP Angry

Buy, it's "blood in the streets" Smiley
1746  Bitcoin / Bitcoin Discussion / Re: Bitcoin 51% Attack, Future Reality or Illogical Fanacity? [Video] on: June 21, 2014, 07:10:26 AM
Ah, that pool just got lucky! I see it now.

Why would a pool double-spend? Let's see. Someone with an agenda could put a gun to the pool's operator head and give direct orders. How's that for an economic factor?
1747  Bitcoin / Bitcoin Discussion / Re: What's your percent chance that Bitcoin will be the "Myspace" of cryptos? on: June 21, 2014, 07:01:18 AM
If you're worried, diversify into altcoins.
1748  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: June 21, 2014, 06:48:45 AM
 Cheesy

https://www.youtube.com/watch?v=8XmTRg57x80
1749  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Qora | Released 16 May | 100% POS | New Source on: June 21, 2014, 06:35:07 AM
It's buy side divided by sell side, not vice versa.
You get the average price buyers have stacked their orders at.

Did I say that's what Qora is worth? No, I didn't.
There is A number of bitcoins chasing B number of Qoras, A/B=C - the average price.

Qora's immediate worth is what the market is paying right now for it.
Qora's future worth is unknown.
1750  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Qora | Released 16 May | 100% POS | New Source on: June 21, 2014, 05:54:45 AM
He is spreading fud....

I posted a fact, go make your own calculations, the order book is open to see.
1751  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: June 21, 2014, 05:21:20 AM
I dumped my remaining XCPs a few days ago. I'd probably keep them, but then I have to keep downloading the bitcoin blockchain all the time, which is a pain. Yeah I know there is an online secure wallet that does encryption in the browser for such lazy types as me, but I just don't trust online wallets. So i just figured no reason to keep them XCPs, if the only two ways to use them are either insecure (in my subjective mind) or inconvenient.
1752  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Qora | Released 16 May | 100% POS | New Source on: June 21, 2014, 05:07:04 AM
The average price buyers are willing to pay at Poloniex is ~25 satoshi.
1753  Economy / Service Discussion / Re: Karpeles back to living large in one of the most expensive apartments in Tokyo on: June 20, 2014, 06:52:26 PM
why, this guy, is not in jail ?
i don't understand the justice ...  Roll Eyes

But he apologized, didn't he?
1754  Economy / Service Discussion / Re: Karpeles back to living large in one of the most expensive apartments in Tokyo on: June 20, 2014, 06:46:26 PM
This Japanese justice system works very well against the violent crimes. But at the same time, it is having almost no effect on the white-collar criminals. Japan is turning to be a perfect refuge to all those financial crooks.

To paraphrase, if an exchange operates from Japan, don't trade on it. Which other countries are the same?
1755  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XCP] Counterparty - Pioneering Peer-to-Peer Finance - Official Thread on: June 20, 2014, 06:05:15 PM
The NXT forging algorithm is a complete fraud.

-bm


Hello, scammer.

Will you return one million NXTs you scammed from NXT community?
1756  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency on: June 20, 2014, 02:53:32 PM

simplewallet.exe can be seen as a "thin client", it manages wallets and broadcast transactions to bitmonerod.exe.

I think it is possible to host deamon on a remote server, hence we could achieve a real light weight client.

It's not a trustless solution Smiley
1757  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency on: June 20, 2014, 02:16:31 PM
Monero blockchain grew to 1 Gb in one month and it's a pain to sync, and only a few people use it now, imagine what would happen when/if it gets more popular. Do you think that Monero alone won't fly due to syncing and storing issues if everyone uses the same cryptonote currency?

In my opinion, a few cryptonote currencies will become popular and interexchangeable, since the code is shared, and users would need to download only one of the blockchains. The userbase and transactions are thus split into a few smaller blockchains instead of one huge and everyone chooses their favorite flavor, like linux OSes, with every flavor taking 20-30% of total marketcap of cryptonote currencies.

It's just a pain to wait for it to be fully synced if you only open it once every few days and have to wait 20-30 mins before you can use it. For now it's just pumping at exchanges as many people don't even bother with withdrawing, especially since there is no GUI and they are only speculators. What do you think of this?

I was thinking of this as well. What if a multibit version of the monero qt wallet was made? Where only the important parts of the blockchain are stored, so much less space is needed for the monero multibit/lightweight wallet.

Is a thin client even possible with cryptonote currencies? Let the devs answer this.
1758  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - Secure, private, untraceable cryptocurrency on: June 20, 2014, 02:12:31 PM
Monero blockchain grew to 1 Gb in one month and it's a pain to sync, and only a few people use it now, imagine what would happen when/if it gets more popular. Do you think that Monero alone won't fly due to syncing and storing issues if everyone uses the same cryptonote currency?

In my opinion, a few cryptonote currencies will become popular and interexchangeable, since the code is shared, and users would need to download only one of the blockchains. The userbase and transactions are thus split into a few smaller blockchains instead of one huge and everyone chooses their favorite flavor, like linux OSes, with every flavor taking 20-30% of total marketcap of cryptonote currencies.

It's just a pain to wait for it to be fully synced if you only open it once every few days and have to wait 20-30 mins before you can use it. For now it's just pumping at exchanges as many people don't even bother with withdrawing, especially since there is no GUI and they are only speculators. What do you think of this?
1759  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: June 20, 2014, 01:28:34 PM
Some extra nodes would be nice though in any case.
1760  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [NXT] Nxt - Official Thread on: June 20, 2014, 01:26:12 PM
Everyone was busy at nxtforum.org discussing the bug, so nobody bothered to look here Wink
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