Bitcoin Forum
June 19, 2024, 12:16:27 PM *
News: Voting for pizza day contest
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 [97] 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 ... 166 »
1921  Alternate cryptocurrencies / Announcements (Altcoins) / Re: GoldCoin™ (GLD) Thread - The Gold Standard of Digital Currency [OFFICIAL THREAD] on: March 25, 2015, 08:16:08 PM
I just wanted to let everyone know that Chris Thompson's altcoin reference book featuring Goldcoin in now available on Amazon.



Get yours here >>> http://amzn.com/1505743486

Maybe we could buy a few of these up and use them for giveaways? My copy is scheduled to arrive on Tuesday.  Cheesy

Win a FREE copy of the book plus 5000 Goldcoins here: https://www.gldtalk.org/index.php?topic=3080.0
1922  Alternate cryptocurrencies / Altcoin Discussion / Re: Good time to buy Devcoins! on: March 25, 2015, 07:51:18 PM
The current value of DVC is 4 satoshis, and is going down to 3. At first sight it means that nobody wants it, but if we carefully check their community, it looks like they are preparing something big. So it is a good time to buy DVC! Buy cheap sell high = WIN

Thank you for this friendly tip!
1923  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoin trading - buying new coins? on: March 25, 2015, 06:45:00 PM
Hello,

I am quite new in this world. I have read and studied lot of information about bitcoins first and then altcoins.

But there is something I can't figure out.

I am seeing in the exchange places some new coins having lots of buy orders. I really wonder who would buy some new coin and why?

I can understand the mining of those coins, and the will to sell them to make some profit. But i can't really understand the buying process. How can we think a new coin will gain value (most of them have no real enhancement in comparison of existing leading coins) ?
I guess the coin makers can try to level up the prices placing buy orders and increasing liquidity, but there are probably not the only one to place buy orders.

This is a genuine question as I am not understanding this part of the market.


Thanks!

At some point in the future, cryptocurrency is going to take root in the mainstream. This is an assumption - but I think a pretty good one.

Many early investors are speculating on which coins are going to succeed in capturing the hearts and minds of the consumer. Buying a coin now is basically placing a bet (speculating) as to which coins will eventually succeed in that critical quest for the consumer.
1924  Alternate cryptocurrencies / Altcoin Discussion / Re: LTC good investment? on: March 25, 2015, 06:24:33 PM
I find it hilarious how you try and make it seem like goldcoin a coin with $31 dollars in 24 hour volume is somehow better than litecoin.

How did I make it seem? I was stating that my overall philosophy is that a coin needs constant development in addition to the other attributes mentioned in this thread. I don't see any point in abandoning any single aspect of a currency's evolvement.
1925  Alternate cryptocurrencies / Altcoin Discussion / Re: LTC good investment? on: March 25, 2015, 06:20:39 PM
With that said lets agree to disagree and move on like men instead of continuing to bring more disdain in the alt community for honestly no reason.

I'm not sure what we disagree about. I was simply posting a tweet.
1926  Alternate cryptocurrencies / Altcoin Discussion / Re: Help with dead coin on: March 25, 2015, 11:32:22 AM
In some cases it might be preferable to revive an old coin rather than creating another new coin.

The main thing you're going to need before embarking on either is a group of dedicated individuals will to contribute to the project.
1927  Alternate cryptocurrencies / Altcoin Discussion / Re: Best way to buy litecoin with bitcoin? on: March 25, 2015, 12:21:51 AM
Open an account at the link I provided and send your BTC there to make a trade.
1928  Alternate cryptocurrencies / Altcoin Discussion / Re: Best way to buy litecoin with bitcoin? on: March 25, 2015, 12:20:03 AM
What is the best (cheapest and fastest) way to buy Litecoin with Bitcoin?

I would suggest: https://www.cryptsy.com/markets/view/LTC_BTC
1929  Bitcoin / Mining / Re: With great power comes a great electricity bill on: March 24, 2015, 10:56:09 PM
Satoshi has conceded in the past that Bitcoin mining does in fact "waste" power except in those cases where the computer rig is used to heat a dwelling.



https://bitcointalk.org/index.php?topic=721.msg8431#msg8431
1930  Bitcoin / Mining / Re: With great power comes a great electricity bill on: March 24, 2015, 09:25:26 PM
Miners are required to verify new transactions; the reward was to get them started.

Having one miner actually do the work (the block winner) and all the other miners (block losers) waste their efforts is the definition of "inefficiency".

http://www.merriam-webster.com/dictionary/inefficiency

 At first I thought you were ignorant but now I see you're just trolling. You and I arguing about those things we cannot change is also an inefficient use of our time but the beauty of it is that I can change that efficiency.  I'm done. Have fun.  lol Cheesy



I'm done too. There is no point in debating the obvious.  Cheesy
1931  Bitcoin / Mining / Re: With great power comes a great electricity bill on: March 24, 2015, 09:21:41 PM
We don't force all the miners to do that work. It's their own choice and it would be more of a lottery if everyone would go solo.
For some miners it's just an hobby. Also with current pooled mining your argument is invalid as all the miners that worked on so said block will get reward by ammount of their work done on block.

Who is we?

Bitcoin is great, but its reward system encourages the wasting of electricity. This is an indisputable fact.
1932  Bitcoin / Mining / Re: With great power comes a great electricity bill on: March 24, 2015, 09:07:56 PM
Miners are required to verify new transactions; the reward was to get them started.

Having one miner actually do the work (the block winner) and all the other miners (block losers) waste their efforts is the definition of "inefficiency".

http://www.merriam-webster.com/dictionary/inefficiency

Maybe Satoshi owns a lot of stock in power companies. Shocked
1933  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Cryptocurrency "The Alt-ernative" Book available on Amazon (US, UK and EUR) on: March 24, 2015, 08:50:53 PM
Some vouch for book?

I will vouch for this book ...what a great read! Cheesy

You can even win a FREE copy here: https://www.gldtalk.org/index.php?topic=3080.0
1934  Bitcoin / Bitcoin Discussion / Re: Recently published book discussing Bitcoin and Cryptocurrency on: March 24, 2015, 08:38:35 PM
Thank you for writing this wonderful book; a vital and historical document preserving the early years of cryptocurrency.

Win a FREE copy here: https://www.gldtalk.org/index.php?topic=3080.0
1935  Bitcoin / Mining / Re: With great power comes a great electricity bill on: March 24, 2015, 08:28:36 PM
Except it couldn't be called decentralised network then.

Incorrect. You don't have to mine to preserve the blockchain. The flaw is in the reward system design. It encourages waste.
1936  Bitcoin / Mining / Re: With great power comes a great electricity bill on: March 24, 2015, 08:19:26 PM
Progress typically requires an expenditure of some kind of energy.

My understanding is in terms of energy efficiency, Bitcoin mining ranks as the biggest waster of power since the invention of electricity.

The entire bitcoin network could be sustained safely on less than 1000 watts. lol  Cheesy
1937  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitshares is DEAD on: March 24, 2015, 08:10:18 PM
Thank you for this friendly update.
1938  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Litecoin.com launched on: March 24, 2015, 05:47:35 PM
What is Litecoin?
1939  Alternate cryptocurrencies / Altcoin Discussion / Re: Do girls use dogecoin ? on: March 24, 2015, 11:49:36 AM
Your thoughts and opinions whether girls actually use dogecoin:

It's only a matter of time before the entire earth's population ( all races, all creeds, all genders ) adopts Dogecoin and other cryptocurrencies. Blockchains will inevitably change the way the world uses money; but it will be another 5 to 10 years before widespread adoption becomes the reality.
1940  Alternate cryptocurrencies / Altcoin Discussion / Re: LTC good investment? on: March 24, 2015, 11:35:29 AM
well at least goldcoin will never descend into irrelevance......as its never had a time of relevance to lose  Kiss

This is true to a large degree and a problem we're dealing with by continuous development. Smiley
Pages: « 1 ... 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 [97] 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 ... 166 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!