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1901  Alternate cryptocurrencies / Altcoin Discussion / Re: Steemit how can this thing be workable long term? on: July 21, 2016, 01:24:55 AM
Looks like a new search function got added (might have missed earlier, not sure) and a follow button--now I can follow Shelby, smooth and few others without running all over the site.

Has anyone thought about the implications for monetizing constructive criticism yet?
1902  Alternate cryptocurrencies / Altcoin Discussion / Re: Steemit how can this thing be workable long term? on: July 20, 2016, 05:21:34 AM
iamnotback got bribed by the steem mafia, he used to speak against the scam but now he is promoting the pyramid scheme.

Pfff! Steem Mafia? There's only Monero Mafia--4lifeB@#tch!
1903  Alternate cryptocurrencies / Altcoin Discussion / Re: How are some people making $11k on steem? on: July 20, 2016, 03:06:48 AM
How are people making $11,000 on STEEMIT?

By posting cool shit there instead of here.

Next question.

Give this man a cookie, dammit.

But seriously, the STEEM thing is unreal. Doesn't seem sustainable, but we will see. Might get in there with an article myself. Seems the only thing making money on STEEM are posts about STEEM.

I made 500 for a sonnet and it wasn't about steem. What will be really interesting will be when my fellow poets arrive if we can get a pay-for-critique system running--it sometimes takes an hour or more to really delve into a poem's meaning and technical aspects, so on forums it is a labor of love that is mostly rewarded with defensive arguments and troll backlash. Monetizing the process might lead to deeper readings and an incentive to play nice. We'll see....



So like, they paid out you STEEM, and STEEM power, and it was withdrawable with no issues? I haven't interacted with anyone that has utilized the platform to cash out before, can you elaborate on what it was like if you feel like it? Thanks in advance, and you make me want to get off my ass and make this work. I keep procrastinating about my first post, what it will be and how I will construct it. Torn between cooking tutorial and garden tutorial.

Half is available (24hr wait) for exchange, the other half is locked, and it looks like there's a sixth that is designated as steem power, which effects voting and some other stuff. I don't plan on exchanging it--it's house money and there's no sense of rushing out the door as it doesn't allow me to quit my day job and this has some promise (though the usual cc risks apply).

Someone else might be able to chime in who has actually exchanged it.
1904  Alternate cryptocurrencies / Altcoin Discussion / Re: How are some people making $11k on steem? on: July 20, 2016, 01:56:10 AM
How are people making $11,000 on STEEMIT?

By posting cool shit there instead of here.

Next question.

Give this man a cookie, dammit.

But seriously, the STEEM thing is unreal. Doesn't seem sustainable, but we will see. Might get in there with an article myself. Seems the only thing making money on STEEM are posts about STEEM.

I made 500 for a sonnet and it wasn't about steem. What will be really interesting will be when my fellow poets arrive if we can get a pay-for-critique system running--it sometimes takes an hour or more to really delve into a poem's meaning and technical aspects, so on forums it is a labor of love that is mostly rewarded with defensive arguments and troll backlash. Monetizing the process might lead to deeper readings and an incentive to play nice. We'll see....

1905  Alternate cryptocurrencies / Altcoin Discussion / Re: How are some people making $11k on steem? on: July 19, 2016, 08:53:28 PM
Just out of curiosity, where is steemit userbase coming from since their original thread has only 31 pages, twitter has only 1000 followers and facebook has less than 1000 followers?

 Huh

things aren't adding up for me here. More I dive in, more complicated it gets.



The people falling for the Steem trap aren't crypto people. They are normal people who hear from word of mouth that "This girl just got paid $11,000 for having tits on this site called Steemit!" Then they say wow! and they make a few posts. Then they realize they don't have tits and, as such, don't get any money. However, every now and then one of them does have tits, and they tell their friends about their success.

At this point Steem is basically the titcoin meme that Pornhub made a video about. I'd be absolutely embarrassed if I were an investor of this fraud.

The objective is to monetize content providers, whether they are journalists, musicians, memesters, beauty consultants, or developers, to give them a place to earn money without having to chip off a percentage to a manager. People who think they are going to get paid for the same posts that do not earn them a BTC tip on reddit (or even un-spendable reddit gold) are going to be let down by the reality that no one will pay them for just participating on steem either. The make-up tutorial earned money because it targeted fashion and it was a first--and yes, you could have made one yourself, some guy did exactly that and made 10k (parody works too--he probably said, "That's stupid, let's mock it." and got paid for the effort). Some people are good at making content, some get lucky at it, but most are mediocre and will have to have a good day to make even a few bucks on the platform. If it gives content providers a way to keep more of their earnings, then I think it will be successful--stories like the make-up tutorial get people to the site, but they hardly guarantee anyone the same luck for the same effort.


If people were really making $30k off one post, it would be all over the internet. Don't you think?

It would attract attention without even trying but that's not what's happening. You search "steemit" on google, only thing you can find is some article from cointelegraph on hacking that happened days ago.

Not exactly the most objective test in the world--I didn't hear about this until a year after it happened, so....

http://sputniknews.com/voiceofrussia/news/2014_07_09/Worlds-most-expensive-potato-salad-costs-44-000-7035/
1906  Alternate cryptocurrencies / Altcoin Discussion / Re: How are some people making $11k on steem? on: July 19, 2016, 08:21:39 PM
Just out of curiosity, where is steemit userbase coming from since their original thread has only 31 pages, twitter has only 1000 followers and facebook has less than 1000 followers?

 Huh

things aren't adding up for me here. More I dive in, more complicated it gets.



The people falling for the Steem trap aren't crypto people. They are normal people who hear from word of mouth that "This girl just got paid $11,000 for having tits on this site called Steemit!" Then they say wow! and they make a few posts. Then they realize they don't have tits and, as such, don't get any money. However, every now and then one of them does have tits, and they tell their friends about their success.

At this point Steem is basically the titcoin meme that Pornhub made a video about. I'd be absolutely embarrassed if I were an investor of this fraud.

The objective is to monetize content providers, whether they are journalists, musicians, memesters, beauty consultants, or developers, to give them a place to earn money without having to chip off a percentage to a manager. People who think they are going to get paid for the same posts that do not earn them a BTC tip on reddit (or even un-spendable reddit gold) are going to be let down by the reality that no one will pay them for just participating on steem either. The make-up tutorial earned money because it targeted fashion and it was a first--and yes, you could have made one yourself, some guy did exactly that and made 10k (parody works too--he probably said, "That's stupid, let's mock it." and got paid for the effort). Some people are good at making content, some get lucky at it, but most are mediocre and will have to have a good day to make even a few bucks on the platform. If it gives content providers a way to keep more of their earnings, then I think it will be successful--stories like the make-up tutorial get people to the site, but they hardly guarantee anyone the same luck for the same effort.
1907  Alternate cryptocurrencies / Altcoin Discussion / Re: Steemit how can this thing be workable long term? on: July 19, 2016, 01:40:46 AM
Using CLI wallets to avoid xss browser vulnerabilities is a no-no.


Just start logging in using your posting key, save your owner key somewhere (preferably offline), and you are golden. Smiley

Then if a hacker were to obtain your key, the worst they can do is post or upvote for you.

Where is the upvote button in bitcointalk (to upvote your post) Cheesy

We have a sock-uppet vote system--

Discussion Topic here: https://steemit.com/steemit/@generalizethis/steemit-will-it-link-all-the-things-discussion-topic

(wonders how long it will take to want a moderation button)
1908  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: July 18, 2016, 04:15:45 AM
 
This is why we can't have nice things. Roll Eyes Remind me never to quote Dickinson.

*On a speculative note--nice item on monero slack (IRC?).
1909  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: July 18, 2016, 04:02:38 AM
Balzac! Shocked

Bonus points if you can name the book where the satanic genius "#@%*&^" first appears?

(no google cheat for that , at least not first level)  Tongue
1910  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: July 18, 2016, 03:04:59 AM
Primer- is maybe not the calibre of enemy one would like, but he is pretty deeply trollish.  Illodin is a somewhat higher grade of troll, but less deeply so.

Maybe we should use the forum funding system to incentivize more  aggressive, higher quality trolling?


I think one of my biggest hurdles would be the fact that you guys really aren't all that funny, but it would be a step up for me. Ethereum isn't even a moving target. Undecided

Brevity is the soul of wit--this is why shock jock diatribes don't really carry over into Moneroland. Primer's at least short and to the point, illodin doesn't think anyone gets the joke (too much time in dashland has made him dull), BCX is continually getting tripped up by his own BS and the rest go back to step one.
1911  Alternate cryptocurrencies / Altcoin Discussion / Re: Quote Of The Day on: July 17, 2016, 08:55:46 PM
"military science assumes that the bigger the army, the stronger it is. On the other hand, only vaguely do they recognize that during military combat the final strength of an army is also its true physical capacity multiplied by one unknown x. This x is none other than the spirit of the troops measured as the greater or lesser desire to fight and confront danger. Men with the desire to fight, who also understand why they are fighting, regardless of who they are fighting, whether under the command of military geniuses or those of normal intelligence, fighting with clubs or with machine guns that fire thirty rounds a minute, these men will put themselves under the most advantageous conditions for fighting and they will triumph."

--Tolstoy, War and Peace

https://www.youtube.com/watch?v=ZfgeryW4R6c
1912  Alternate cryptocurrencies / Altcoin Discussion / Re: Steemit how can this thing be workable long term? on: July 17, 2016, 08:38:29 PM
if you post an article praising monero, and then your comrades which btw also  "fellow (of) think-a-likes"  all voting your article, i think thats fit the definition of circlejerk, no Huh

Please wait for my blog post.

I am proposing an algorithm so their Monero content gets highly ranked only for those who like Monero content.

I am about half-way through composing the blog post. It is easy to visualize in my head, but much more difficult to explain it in a way that most people will understand.

I was a bit rushed, so hopefully there aren't major mistakes:

https://steemit.com/steemit/@anonymint/improving-steem-s-rankings-to-cater-to-diverse-content-preferences

I really didn't spend any time thinking about game theory attacks on this. I'll be thinking now and possibly editing it.

Let me know what you think.

The way the ranking currently works on Steem then if one of the whales such as smooth doesn't upvote this, then others won't follow to upvote in large numbers to make my reward consumerate with my time investment. I expended more than 8 hours of my time on this. I would hope smooth will upvote it.

Not sure if it's smooth, but someone liked it!
1913  Alternate cryptocurrencies / Altcoin Discussion / Re: Steemit how can this thing be workable long term? on: July 17, 2016, 02:21:52 PM
I think you will see packaging innovation (which users can re-gift to their fellow think-a-likes).

Ad hoc link sharing is not as efficient/universal for the user as what I am contemplating to actually fix the ranking sort by grouping like-mindedness algorithmically.

i think generalizethis suggest a pool of circlejerk and make everyone rich. which most of his comrades already done against dash.    

btw i think steemit can survive by being a propaganda warzone.  whale might forced to buy alot of steempower to advertise on steem, or doing black campaign on it.
What I wrote, and you choose to misinterpret (misappropriate), is that some innovation (packaging regardless of content as mentioned) might shine on the steemit platform. That's neither a bold statement or one that endorses a circle jerk mentality.

Im not misquoting your post, pls read again...

Quote
Circlejerk
A group discussion or activity between like-minded individuals that validates mutual biases or goals in a non-confrontational environment.

if you post an article praising monero, and then your comrades which btw also  "fellow (of) think-a-likes"  all voting your article, i think thats fit the definition of circlejerk, no Huh

Two separate discussions. Unless you think there is something innovative in the packaging of that article?  Thank you, if that's what you were implying.
1914  Alternate cryptocurrencies / Altcoin Discussion / Re: Steemit how can this thing be workable long term? on: July 17, 2016, 01:46:24 PM
I think you will see packaging innovation (which users can re-gift to their fellow think-a-likes).

Ad hoc link sharing is not as efficient/universal for the user as what I am contemplating to actually fix the ranking sort by grouping like-mindedness algorithmically.

i think generalizethis suggest a pool of circlejerk and make everyone rich. which most of his comrades already done against dash.    

btw i think steemit can survive by being a propaganda warzone.  whale might forced to buy alot of steempower to advertise on steem, or doing black campaign on it.



What I wrote, and you choose to misinterpret (misappropriate), is that some innovation (packaging regardless of content as mentioned) might shine on the steemit platform. That's neither a bold statement or one that endorses a circle jerk mentality.
1915  Alternate cryptocurrencies / Altcoin Discussion / Re: Steemit how can this thing be workable long term? on: July 17, 2016, 01:12:31 PM
Or innovative content will get rewarded quickly and force other posters to get more creative, more quickly....

That can't be a solution, because the problem is that users have differing ideals as to what is good content, thus one-size-fits-all ranking can never anneal to the diverse interests of users.

This appears to be the problem with Reddit and why it ends up as a fight with much negativity. Users are not allowed to disagree, because they are all forced to abide by the same ranking instead of having customized individualized rankings.

I think I can solve this problem mathematically using some form of clustering analysis. If so, this will be a significant innovation.

Stay tuned...

Edit: well time ranking posts as Reddit does, does allow the newer stuff to get ranked higher, thus differing interests do get satiated by differing posts replaced by differing posts that are newer, but that is still annoying/noisy. Thus your point about "more quickly" has some merit. But I think we can do much better.

I think you will see packaging innovation (which users can re-gift to their fellow think-a-likes).
1916  Alternate cryptocurrencies / Altcoin Discussion / Re: Steemit how can this thing be workable long term? on: July 17, 2016, 12:42:46 PM
https://steemit.com/beauty/@roelandp/the-first-steemit-male-makeup-tutorial-bringing-youtubers-to-steemit-roelandp-is-back

How is this post worth 12k?  Huh

If you're a straight male and you find this funny or worth 12k, I got some bad news.

It's kind of a troll-response to a female makeup tutorial which got something like 30k.

that's actually quite common on internet, doesn't make it worth that much money though. As someone has already mentioned, it seems like people with most steempower gets to decide who gets most money. It's a loophole, if you see one post making money, everyone will start creating similar posts regardless of its quality.

You can forget about quality traffic at that point.



Or innovative content will get rewarded quickly and force other posters to get more creative, more quickly....

It will be interesting to see how it goes.
1917  Alternate cryptocurrencies / Altcoin Discussion / Re: Steemit how can this thing be workable long term? on: July 17, 2016, 10:57:45 AM

https://steemit.com/beauty/@roelandp/the-first-steemit-male-makeup-tutorial-bringing-youtubers-to-steemit-roelandp-is-back

How is this post worth 12k?  Huh

If you're a straight male and you find this funny, I got some bad news.


It allowed for easy attaching of funny memes and comments--seems to be value in offering a small participation award (gots game[d]).
1918  Alternate cryptocurrencies / Altcoin Discussion / Re: Charles Hoskinson at Coinscrum on Blockchain 3.0 on: July 17, 2016, 10:53:02 AM
This is a high level academic discussion. I applaud it and wish we all could lift ourselves up to such a level.

I'm starting to become more Smooth-level bearish on the ability to create beneficial decentralized coins for a few reasons:

1)  The subject I was talking about where any succesful cryptocurrency will have standardized alias systems, and the government will create their own alias system scaffolding and force everyone to route transactions through it, making whatever you do in the base layer pointless because you will end up with governmentcoin no matter what.

2)  The re-realization about what Ted Kaczynski said about technology being a net negative for freedom and how that inevitably applies to cryptocurrency (see above example)

3)  The fact that any open loop system will always be bottlenecked by the centralized fabs such as TSMC, Global Foundries, Samsung, and Intel.  This means no matter what you do, you will always have the equivalent of four "pools".

4)  The problem that the inherent value of the blockchain is entirely derived from the ability of everyone who uses the currency being able to mine it, because the main purpose of PoW is to create a decentralized exchange.  You remove the decentralized exchange aspect and you have nothing.  This is why things like defeating ASICs is important, yet maybe impossible.

5)  The ability for people to do things like mine silver will always be far more accesible in the end game than any cryptocurrency, meaning the superior altcoin everyone is trying to create already exists in the real world and it's called silver.

6)  As I stated before, the best example of an optimal currency that isn't just an instrument of debt or IOU would be "energon" from the transformers cartoon - blocks of energy that can be redeemed at full face value at any time regardless of externalities.  This is why in lieu of such a system, the world converged on the oil dollar.  The ideal currency will always have metastability, the ability to do work.  Without such high metastibility, the world would converge on just blocks of scarce matter, since matter is also energy, and that's where you get gold and silver.

7)  Once you read the above statement, the fact that we are dumping energy into cryptocurrency instead of extracing it to do work really makes you scratch your head.

Easy transference of virtual tokenization is a need physical data tokens can't deliver without restating them digitally--why bother with the extra step?
1919  Alternate cryptocurrencies / Altcoin Discussion / Re: Steemit how can this thing be workable long term? on: July 17, 2016, 10:04:32 AM
Testing--

https://steemit.com/monero/@moneroman/why-monero-will-change-fintech

(I noticed that I saw a spellcheck error in the post loading page--it didn't show in the original text--but when I went back to edit it that it wasn't present. So did it auto-correct or is it still there, but does not acknowledge it after it's been posted?)
1920  Alternate cryptocurrencies / Speculation (Altcoins) / Re: [XMR] Monero Speculation on: July 16, 2016, 11:24:25 PM
Two Buck Chuck has shown some incredible persistence, but the volume has declined quite a bit so I think that there just isn't a lot of motivation to dump further or bid it up.  It is what is commonly known as a volatility squeeze and so far these have been resolved upward, with an impulsive move.

I certainly support the price staying in this narrow range for as long as possible.

Build a base and then see what happens.

I foresee a global financial meltdown to start in the coming months and carry and echo through years to come.

in 2008 Bitcoin did not exist neither did Monero, so if they did back then how they exist now, any global financial woes would propel them higher.

The house of cards is falling down.

If someone wants more anonymity, they will choose Darkcoin instead I am afraid unless the marketcap will not exceed it and stay above it for ever.
I think the low volume is a sign nobody knows what to do and are waiting for some bigger movement up or down. After all, the support is in low 0.002's - there is pretty thin support around these levels.

LOL @ "more anonymity"

What is your basis in a technical discussion to make such an astute assertion?


If you are newbie to crypto (and not tech savy) you quite fast discover btc transactions are public, then you might look for an alternative and you go to coinmarketcap and see Darkcoin (and you hear it all over as well). That's the exact reason why Darkcoin will be picked instead of XMR, most people will not research fully and they are satisfied with easy solution.

Therefore it is crucial to have higher marketcapitalization than Darkcoin IMO so that Monero will be the easy solution.


I really doubt this. Most users will use mixers and such to improve Bitcoin's anonymity rather than guess again based on marketcap (most of dash's base want huge paydays for minimal re-investment via masternode rewards, they are not people who care about privacy)--those who actually care will take the time to research and will find Monero (eventually). Given how much time you've spent here TC, you'd think you'd pick up on how much more privacy conscious Monero's base is when compared to other coin's base users (and this is the advantage that lets Monero enjoy things like stack exchange approval and technical debates that don't get lost in moonspeak).
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