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21  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees on: October 15, 2017, 12:36:30 AM
With the EDA, you can get into a situation where you have extremely slow blocks followed by a period of extremely fast blocks with little or no transactions.
Exactly and it is not a possibility - it actually happens quite often.

EDA is there to prevent a death spiral and the destruction of the coin.

It is not preventing it - it is accelerating the death spiral by inflating away the block reward.

EDA is there for a technical infrastructure reason and so it should remain.

ETH and ETC have the same infrastructure and they both live with their respective price levels. The asymmetric, artificial, pro-cyclic nature of Bitcoin Cash's EDA makes price stabilization more difficult and the network is quite often left non-functional i.e. without any new blocks for hours.

There are so many other solutions to this "death spiral" problem. There is Digishield, Dark Gravity Wave and many other retarget algos to chose from. There is also merged mining. The EDA has already shown that it falls way short of having relatively consistent and reliable block times.
Give the man a cookie! EDA destroys trust in the near-constant block times - one look at block explorer shows how uneven the block distribution is after retarget.

EDA messes up the block times, burns through the block reward, destabilizes the network and hence puts additional downward pressure on the price.

Just look at https://fork.lol/ - Bitcoin Cash has the most stable profitability when it is adjusted using the classic retarget algo - once EDA kicks in, after some time, the coin ends up with lower profitability than before retarget. It is a moronic algo that kills BCC and it is evident from the graphs.
22  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling - Cheaper fees on: October 14, 2017, 09:13:18 PM
This stupid EDA is killing Bitcoin Cash.

Any news on when will it be removed?
23  Alternate cryptocurrencies / Announcements (Altcoins) / Re: |ANN| BBOD - Decentralized Options and Futures Trading Platform. Now listed. on: October 14, 2017, 09:05:32 PM
No, I don't - your platform is the first.

A simple currency exchange is the basic product - futures and options are derivatives, so it may be a good way to get new customers through the basic offer.

Is it possible to add currency exchange to your solution?

BTW:
  • you may wanna invest more in marketing as BBOD SALE does not seem to be in the news much. If the product is unique, go viral!
  • typo in roadmap: 'MetaMask' not 'Matemask'
  • a mobile app in the roadmap could be nice
24  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] BBOD - Decentralized Derivaties Trading Platform - PRE-SALE: 22nd Sept on: October 14, 2017, 08:52:08 PM
Any update
It moved into the SALE phase: https://bitcointalk.org/index.php?topic=2251863.0
25  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Options on Ethereum found : NEED ADVICE! on: October 14, 2017, 08:50:25 PM
Where is the correct section?

Try https://bitcointalk.org/index.php?board=224.0
26  Alternate cryptocurrencies / Announcements (Altcoins) / Re: |ANN| BBOD - Decentralized Options and Futures Trading Platform. Now listed. on: October 14, 2017, 05:11:17 PM
BBOD seems like this 1 in a million projects, so pro.

Can you relate your product to 0x protocol https://0xproject.com / http://0xtrades.info?
What are the advantages over 0x?
27  Bitcoin / Development & Technical Discussion / Re: REWARD offered for hash collisions for SHA1, SHA256, RIPEMD160 and other on: February 23, 2017, 07:40:31 PM

28  Economy / Trading Discussion / Re: Should trading bots be banned? on: September 19, 2013, 05:17:37 PM
The only thing I understood in your post was that ... profit = bad.
This is the result of the Obama generation education.
Obama is a communist so at least he is consistent in one area  Undecided

Bots are essential in providing liquidity and hence stability to the market.
29  Economy / Trading Discussion / Re: Should trading bots be banned? on: September 14, 2013, 10:03:49 PM
That's why I use a single ChartProvider instance delivering data for all bots. So I request the btc/usd rate only once and let all bots use this info.
OK, that is a good design. Bots don't get banned because they are the same but simply because multiple requests from a given IP may be seen as DOS attack.

So it does not matter if bots are different or the same but how much resource strain they put on the trade server in terms of number of concurrent requests.
30  Economy / Trading Discussion / Re: Should trading bots be banned? on: September 14, 2013, 05:47:00 PM
If every bot do the same exact trade at the same exact time then the server will get overwhelmed.
Do you mean multiple bots from the same IP?
31  Economy / Trading Discussion / Re: Should trading bots be banned? on: September 14, 2013, 03:36:38 PM
every user MUST be unique in its trading moments. (...) with the software you are allowed to send only 1 trade signal per X time.

I must admit I do not understand your response at all. What do you mean by "unique user in its trading moment" and what is this "trade signal"?
32  Bitcoin / Project Development / Re: Is Mastercoin bloating the blockchain and what we can do about it? on: August 31, 2013, 04:26:28 PM
Being a good block-chain citizen is a matter of survival for MasterCoin. If we don't, we'll face competition from a clone that says "We're like MasterCoin, but with less impact on the blockchain"

With any luck you'll face competition from clones that realize the entire idea is just dumb. (...)

Frankly the only clever thing you've done is you've taken the same colored coins/side-chains ideas everyone else has and found a way to get Bitcoin users to shovel money at you for it. Too bad really - I guess the rest of us couldn't imagine how you didn't even need to write any code to separate $300k worth of Bitcoins from the idiots who used to own them. (We forgot about The Pirate already!) Hopefully that's not actually true, and it's actually your own money and not many people are getting scammed here.

Anyway, I have better things to do than waste my time talking about ideas sufficiently stupid to be indistinguishable from scams for free, so don't bother replying unless you've got a paying contract. (1.5BTC/hr, escrow required for you)

I will say though, you're so close to doing something useful for me: showing the world how little protection we actually have against the UTXO set being bloated other than the blocksize limit. Do me a favor and keep your stupid protocol just the way it is.

Thanks for saying what many are thinking. Even if it isn't a scam, the system simply can't work. It shows complete lack of understanding about how markets and asset pricing actually work. Gold assets not backed by gold, but by MasterCoins (which will clearly appreciate faster than dumb old gold)... It's so obvious... Why didn't the people who started GLD think of that?  They'd be so much richer!

I hear you. I have read the specs for this ponzi coin and it just does not add up. People who sent their BTC to the Exodus node address will not see those BTCs ever again (perfect name BTW) - this meta-coin is parasitic and scammy.

As a full blockchain node operator I really want to see some kind of solution to the blockchain bloat problem, preferably with some fees so I can turn this into a business rather than a non-profit. Miners verify transactions and get compensation for it, but nobody pays for the transaction's storage once it gets verified and this will eventually shrink full-nodes numbers and further strengthen the oligopoly of Bitcoin miners.
33  Economy / Web Wallets / Re: Blockchain.info - Bitcoin Block explorer & Currency Statistics on: August 29, 2013, 08:20:14 PM
same here. 2 warnings after installing:
There were warnings when trying to install this extension:
Unrecognized manifest key 'api_console_project_id'.
Unrecognized manifest key 'container'.
34  Alternate cryptocurrencies / Altcoin Discussion / Re: OFFICIAL LAUNCH: New Protocol Layer Starting From “The Exodus Address” on: August 27, 2013, 07:19:35 PM
I've read all you have written and watched your talk at the conference and screen-cast and still have problem with your design - escrows are flawed.

Besides you've "invested" 1200 BTC into MasterCoins i.e. send BTC from address you control to address you control, and all other funds you've gathered from people so far sum up to 31% of all MasterCoins, so you control most MSCs.

Secondly, you want still more money from us, yet you have not provided ANY business plan for actually using the funds in productive way.

And finally, what problem are you solving really?
35  Alternate cryptocurrencies / Altcoin Discussion / Re: OFFICIAL LAUNCH: New Protocol Layer Starting From “The Exodus Address” on: August 26, 2013, 10:21:15 PM
This project seems like a hybrid of hedge-funds and central banking build on top of Bitcoin protocol.

The idea about building layers on top of BTC is sound but MasterCoin's escrow proposal is flawed. Currencies/Assets that are hedged with escrows never go down gracefully, they always implode violently and no price fixing/parameter tuning can change that - it is just how it works in practice. Many Gold ETFs will fail in the next 2 years for precisely this reason.

MasterCoin as it stands now could be called a benevolent scam - you will try to build it because you believe in it but it will fail as it can not work in the long run by design Smiley

Packet timing attacks and escrows bankruptcies will be the two main reasons for its downfall.
36  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple Giveaway! on: May 05, 2013, 12:04:14 PM
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37  Alternate cryptocurrencies / Altcoin Discussion / Re: Namecoin / .bit domain cost on: April 13, 2013, 08:00:10 PM
Thank you all your answers and for participating in this thread.

I very rarely come to this forum so I thought the topic died out but it seems it is still alive Smiley

IMHO for NMC to become a success it has to provide an extremely easy way for the casual user to browse the NMC domains. I mean like browser support by means of at least a Chrome/FF plug-in. A mobile browser support is also crucial but can it be done?

Right now no casual user is able to use NMC for DNS resolving and so those domains are unused and can not generate additional value for their (and NMC) holders. What do you think?
38  Alternate cryptocurrencies / Altcoin Discussion / Namecoin / .bit domain cost on: March 21, 2013, 02:15:20 PM
There was this topic: https://bitcointalk.org/index.php?topic=17456.msg223734;topicseen#msg223734 but it died without providing full answer.

To recap:
- How much does it cost to register a .bit domain?
Answer: cost is variable and can be calculated here: http://dot-bit.org/tools/domainCost.php
- What is the upkeep on a .bit domain?
Answer: upkeep is variable, see above.
- Can the price vary? If so, how much?
Answer?: yes, it can but depending on what?
- Can I trade USD -> NMC, or do i have to do USD -> BTC -> NMC?
Answer: currently USD -> BTC -> NMC

My question:
1. Is it possible to register a .bit domain for more than 12000 blocks and not have to update the domain for the next 100 years?
2. Why does name_firstupdate lose coins and is it necessary for proper Namecoin functioning?

Key question:
What problem does Namecoin solve really?
39  Other / Beginners & Help / Re: Whitelist Requests (Want out of here?) on: February 27, 2012, 03:18:37 PM
Hello,

I'd like to request permission to post outside newbies forum.
I'm still 1 post short (have 4 before posting this one) but there is a thread: https://bitcointalk.org/index.php?topic=62733.0 (MtGox Streaming API is Broken) that directly relates to the issue I'm having.

I think I can provide a clue as to why there is a problem with the API, so I'd be grateful for allowing me to post outside of this subforum.

Thank you.
40  Other / Beginners & Help / Re: End game for me on: July 24, 2011, 11:09:12 AM
Keep it going, don't give up!

If for some reason you decide to sell your cards anyway you can PM me about the sell.
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