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201  Alternate cryptocurrencies / Altcoin Discussion / Re: POLL: What are the biggest scam/sh*t coins out there? on: December 07, 2013, 07:20:09 PM
this is a pointless exercise, everyone just votes for the coins they DONT have.

Well, yeah.  Why would anyone buy a coin they thought was a scam??
202  Alternate cryptocurrencies / Altcoin Discussion / Re: [Official] Cryptsy Coin Poll on: December 07, 2013, 06:46:53 PM
Datacoin DTC +1
203  Alternate cryptocurrencies / Altcoin Discussion / Re: Quarkcoin planned on Dec 13th to be added on btc38.com - OFFICIAL on: December 07, 2013, 04:39:08 PM
I STILL don't understand why this coin has such a high market cap.  I've done my research and it seems really plain and unspectacular.  Feels more like PonziCoin imo.  Maybe people are impressed by the spinning 3D logo on the homepage, idfk.
204  Economy / Speculation / Re: Taking a loan to buy bitcoin on: December 07, 2013, 08:33:53 AM
Just wanted to revisit this thread to say that i hope that non of you actually took out loans to buy BTC and for this to stay on top for others who would ever consider to take a loan to invest in speculative vehicles like BTC in the future!

Right.  NOW is the time to take out the loan~!  Grin Grin Grin
205  Economy / Speculation / Reason for the second crash? on: December 07, 2013, 07:43:43 AM
My guess is because btc38 was down during the news, and people couldn't sell.
206  Alternate cryptocurrencies / Altcoin Discussion / Re: btc38.com and btcltc.com gone? on: December 06, 2013, 04:15:47 AM
Woah that IS a little scary.  Any other Chinese exchanges still up?
207  Alternate cryptocurrencies / Altcoin Discussion / Re: Alt-coin idea: blocks mined by user count, split evenly across install base on: December 06, 2013, 03:42:46 AM
Don't think this would work.  How would you detect individuals?  By wallet?  Even if you could, the way I'd play this system is by holding a single .000000001 of a coin and then sell back to that every time I got coins.
208  Alternate cryptocurrencies / Altcoin Discussion / Re: Cryptsy estimated portfolio value 0 BTC on: December 06, 2013, 03:35:21 AM
Seems fine for me.
209  Economy / Economics / Re: the huge Problem that most people doesn't really understand on: December 06, 2013, 01:48:01 AM
Yes, according to your sources in the Huffington Post. Thanks for sharing.

You gonna explain why I'm wrong or are you gonna let your fallacy spaghetti?
210  Economy / Economics / Re: the huge Problem that most people doesn't really understand on: December 06, 2013, 01:35:24 AM
Guys, a quick search online will show that minimum wage has NOT kept up with inflation in the US.  Minimum wage should be around $11+ atm, and that's before taking into account increases in the standard of living and productivity.
211  Economy / Speculation / Re: Breaking News: China Central Bank Officially Warns against Bitcoin on: December 05, 2013, 11:22:55 PM
This is actually good.  This means the people will buy the BTC and the banks will stay out of it, and if the PRoC puts its money where its mouth is, the government won't be buying any either, which is also good long term.  This advisory simply states that the people can use it, but the government and banks won't.
212  Alternate cryptocurrencies / Altcoin Discussion / Re: Richlist - LTC on: December 01, 2013, 12:20:12 PM
Good work, bro.  Interesting data.
213  Alternate cryptocurrencies / Altcoin Discussion / Re: [ANN] L E G I T C O I N (XLC) on: December 01, 2013, 12:13:26 PM
The whole idea of this coin is flawed.  You don't NEED to add a currency layer onto a coin which has a function.  It already functions as a currency as well and can be divided as much as necessary.
214  Alternate cryptocurrencies / Altcoin Discussion / Someone explain Quarkcoin to me on: December 01, 2013, 12:10:24 PM
Someone explain to me why Quarkcoin is worth buying.  What makes it unique?  What does it do for crypto that other crypto doesn't?
215  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: cryptofolio.info - Coin Calculator- Now with 73 coins !!! on: December 01, 2013, 11:57:45 AM
I second Datacoin on Bter.
216  Alternate cryptocurrencies / Altcoin Discussion / Re: Is MEC's rise the fastest in history of cryptocurrencies? on: November 30, 2013, 08:44:30 PM
um didn't see the words market cap in there, just price rise...anyhow I hold no TRC....nor will I buy any

Whoops, mind's playing tricks on me.
217  Alternate cryptocurrencies / Altcoin Discussion / Re: Is MEC's rise the fastest in history of cryptocurrencies? on: November 30, 2013, 08:38:52 PM
actually no
if you were watching TerraCoin did, 3000% , 30x in about 4 days.

it went from 0.00005 to 0.0015

You're talking price, we're talking market cap.  Two different things.

Have you not been paying attention to how insane the UK and US governments are in regards to child porn? They've been locking people up for having grainy thumbnails buried deep within temporary folders that people didn't even know were there. You think they wouldn't be all over this too? It would be easy to brand datacoin as a "decentralized child porn distribution network." They'd have a fucking field day with that.

Especially if datacoin gains ground, and the government wants to shut it down. You think anyone would run this client if people were going to jail over it?

Yes.  ESPECIALLY if people were going to jail over it and it interfered with freedom of information.  The internet tends to get up in arms about that sort of thing.  Mining would move to servers in countries where it's not illegal.  Not to mention the price of a Datacoin would skyrocket in a situation like that.
218  Alternate cryptocurrencies / Altcoin Discussion / Re: Is MEC's rise the fastest in history of cryptocurrencies? on: November 30, 2013, 08:24:57 PM
So, most of the civilized world?

You're running a program that lets anyone in the world place whatever data they want onto your computer. That is terrifying.

Even so, it's not like law enforcement's gonna knock on the door of every single person mining DTC.  Many miners probably won't even be aware that they're breaking the law.  It's basically impossible to enforce and even more impossible to stop.
219  Alternate cryptocurrencies / Altcoin Discussion / Re: Is MEC's rise the fastest in history of cryptocurrencies? on: November 30, 2013, 08:18:18 PM
There's a key difference... With datacoin, you have to store all the content on your computer.

Let's say someone injects child porn into the block chain. You'd be forced to download it. You'd then be in possession of such material. Law enforcement would have a field day with that.

True, in countries where that's illegal.  That'd be a damn expensive upload though.  And can you trace miner IPs that easily?
220  Alternate cryptocurrencies / Altcoin Discussion / Re: Is MEC's rise the fastest in history of cryptocurrencies? on: November 30, 2013, 08:09:37 PM
Datacoin is too fragile. All it takes is one person to inject illegal content into the blockchain, and the entire thing falls apart.

Why would it fall apart from that?
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