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And I meant that even if it were mine-able who would they license to mine it / equip with their patented trademarked or whatever intellectual property ASICs and why?
Maybe they'd sell USB dongles like ASICminer did?
Maybe do a shares promotion next time they want to raise capital, one USB dongle facebookcredits-miner free to each shareholder or something like that?
-MarkM-
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In your opinion, would a Facecoin by Facebook be mined like other cryptos so that it's decentralized?
Huh? It wouldn't, how could they hope to ever secure its blockchain? It'd be secured by facebookcoin ASICs. Who would they sell such ASICs to, and why? The argument I was responding to assumed for the sake of the argument that they would deploy a decentralised coin didn't it? If not then well yeah duh of course they would use Open Transactions or their own custom crypto-secured currency software. -MarkM- |
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A little reminiscent of Feathercoin, isn't it?
But much much cuter mascot.
Oh wait does Feathercoin even have a mascot?
-MarkM-
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More likely they'd launch their own.
Its not like it is technically hard or anything.
They have coders, they have marketing, the only challenge - which for them might not be much of a challenge - is the legal stuff.
-MarkM-
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But doge has such a huge hype -> why not do something usefull instead of only hodling coins?
First useful thing is to pile up a vast vast pile of buy orders at the low end of the buy order-book, enough to buy up all the coins minted per day and proceeding onward from there to enough to buy up all the coins already minted. Time enough then to spare a few coins from up-holding the exchange rate to offer some bounties to the bitcoin developers to get some new good things added to bitcoin so all the bitcoin-derived coins will inherit such goodies... -MarkM- |
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ridiculous. No-one apart from absolute idiots wants your shit coins. What next? The starwars kid launches a currency?
doge was created to make a mockery of crypto coins. Get out while you can.
I guess their attempt to be a mockery backfired on them bigtime then, huh? Strange that the starwars kids are so far behind the Star Trek and Battlestar Galactica kids though, isn't it? Maybe a disturbance in the Force whispered "trademark troll" in their ear or something... -MarkM- |
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But we need some things:
Secure wallets with 2 factor authentification.
Sending and receiving coins with email addresses or usernames instead of the actual wallet address.
It has to be easy and safe to use for the average person. Then it will big a BIG, BIG success.
Yeah yeah all the same stuff bitcoin and all the others all also need. Keep up the promotion end of things and upgrade to latest bitcoin code each time bitcoin gets upgraded and you should be fine. -MarkM- |
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Yes. Once I get some more GLB converted into BTC i will buy two VPSs one to start a website with forum and block explorer, two to take the tax wallet from my computer and place it into a VPS (more secure) I also need developers to help automate features and help decentralized Globe further. E.g. we could use a decentralized exchange instead of relying on centralized ones such a mtgox. Then we could further automate globe etc. But all developers are welcome regardless of what they code etc. Their is always something they can do to move the project along.  I hope you do not mean you are going to put a wallet on a third party hosted/located machine and pretend that is "secure"? -MarkM- |
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If it can oscillate between 30-or-thereabouts and 200, 250 or 350 or thereabouts like DeVCoin has it will be doing okay - and hopefully by then DeVCoin will be ranging from 5 to 15 times the DOGE price or thereabouts.
-MarkM-
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We don't have enough market cap to pay 1,000,000's of google search users hundreds of coins per word to post their drivel to our wiki so please don't SEO devcoin yet...
-MarkM-
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Careful with the egg-nog, it might have coca-cola in it so you'll get addicted!?!?!
-MarkM-
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Yeah really its like that stupid coca cola commercial from way back, the guy in the red suit, yikes before you know it he is competing head to head with Saint Nicholas, awful ain't it?
-MarkM-
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The logo isn't even in Polish? Hmm...
Wassamatta, canna speek own native tung?
No can rite?
Don't know anyone in Poland?
Not actually anything to do with Poland at all?
You actually mean polish as in shoe polish, furniture polish, metal polish, apple-polishing etc?
-MarkM-
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Oh yes sell sell sell, luvs a guud buying oppurtoonity.
-MarkM-
Buy now and sell lower. Best strategy for noobs and pigs. Works too with bitcoin. Hmm funny script. I have enough coins to just give it a run. Do you want a bigger blockchain?  No no FUD low, buy low, hype high, sell high, no rinse required just repeat. -MarkM- |
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the sooner this abortion dies the better
Well said Good luck with that. How long have we been waiting for Feathercoin to die and still it hasn't even been dropped by Vircurex yet. Ditto for Worldcoin. -MarkM- |
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No no its dire, sell sell sell, gotta buy me sum cheap
-MarkM-
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Oh yes sell sell sell, luvs a guud buying oppurtoonity.
-MarkM-
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DeVCoin mints 50,000 coins per block since back when bitcoin was minting 50 coins per block, thus from the start its fees were set as 1000 times as large as bitcoin's plus an anti-dustspam feature was added that bitcoin didn't have itself back in those days.
Bitcoin now has anti-dustspam too, it seems reasonable that DeVCoin's should be at least 1000 times bitcoin's. (Likely at least 2000 times now that bitcoin only mints 25 coins per block while DeVCoin will go on minting 50,000 per block forever).
DOGE mints on average 10 times as many coins as DeVCoin so it seems reasonable its fees and anti-dust ought to be somewhere in the neighborhood of ten times those of DeVCoin.
They didn't do this from the get-go? Hmmm. What kind of amateurs built the thing? Is it a hack-job by people who didn't know what they were doing?
-MarkM-
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If you can manage a cpu cooin that is protected agains gpu mining , strictly just cpu , than you have a GREAT chance of success.
Totally the opposite. It will be popular with botnets and hobbyists but far too insecure to be trustworthy. There is no way any one program or algorithm or application or coin is going to get more than half of the world's general purpose computing power securing it. Anything that doesn't have its own ASIC securing it providing it the security of more than half of the computing power the world has available that is capable of securing-or-attacking it is just a pathetic little toy, which for the mainstream means that it is a scam, a pyramid or ponzi or tulip-mania; allowing let alone encouraging such a thing to process "other people's money" ought to be considered - and even prosecuted as - criminal negligence. If you aren't going to build ASICs specific to your coin don't let the public become victims of it and if they do manage to become victims of it be prepared to go the way of all the other ponzi and pyramid scams, hopefully doing actual time not merely paying fines that amount to a fraction of your ill-gotten gains. -MarkM- |
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