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2101  Other / Archival / Re: delete on: December 02, 2014, 04:10:29 AM
Why are the best posts always titled "delete"?

I feel that brevity is generally underrated. Posts with lots of words are usually dull and not useful.  Tongue
2102  Bitcoin / Bitcoin Discussion / Re: What is your favorite Satoshi quote? on: December 01, 2014, 10:13:41 PM
Probably the final thing he said on this forum before he vanished with over 1 million bitcoins he mined while controlling the lion's share of the Bitcoin network. https://bitcointalk.org/index.php?topic=2228.msg29479#msg29479

"As Gavin and I have said clearly before, the software is not at all resistant to DoS attack.  This is one improvement, but there are still more ways to attack than I can count."
2103  Alternate cryptocurrencies / Announcements (Altcoins) / Re: GoldCoin™ (GLD) Thread - The Gold Standard of Digital Currency [OFFICIAL THREAD] on: December 01, 2014, 09:52:59 PM
Amir who, Amir Taaki?  If so I had no idea he was a dev for GLD.

Amir Eslampanah (aka Akumaburn) is the lead developer of Goldcoin.

He's also the inventor of our unique 51% attack defense system.
2104  Bitcoin / Bitcoin Discussion / Australia Joins Growing Bitcoin Embassy Movement on: December 01, 2014, 09:29:09 PM


MELBOURNE – The Bitcoin Embassy concept is taking off in countries all across the globe. And on November 22, Australia joined the trend with the grand opening of two new embassies – one in Melbourne, and a second embassy in Perth.

What’s a Bitcoin Embassy?

A Bitcoin Embassy is an educational and technology center where you can ask Bitcoin questions, learn how to purchase Bitcoins, and go to regular meetups and seminars to learn and discuss anything related to Bitcoin, including: mining, point of sale integration, and general adoption.

The Melbourne premiere featured Andreas Antonopoulos as the event’s keynote speaker. The crowd was also treated to a presentation by BCF Capital Director, Liron ‘Chen’ Sheffer, and a live musical performance by singer song-writer “ Tatiana Coin.”

Both of the new embassies in Australia are offering free ‘Bitcoin 101’ workshops for members of the community. The workshops teach people unfamiliar with bitcoin how to make a wallet, obtain bitcoins, and begin making transactions.

Growing Movement

These new Australian Embassies join several existing centers already open and operating across the globe, in places such as: Israel, the United States, France, Spain, Germany, Argentina, Ukraine, and Canada. A new embassy will also soon launch in the Netherlands.

If you would like to attend the next Bitcoin workshop or are simply interested in finding out more information about the centers, make sure to check out their website for locations and event times.

Full Story: http://altcoinpress.com/2014/12/australia-joins-growing-bitcoin-embassy-movement/
2105  Alternate cryptocurrencies / Announcements (Altcoins) / Re: GoldCoin™ (GLD) Thread - The Gold Standard of Digital Currency [OFFICIAL THREAD] on: December 01, 2014, 09:15:02 PM
So whats the go with the new client? any ETA?

Amir was ill over the weekend which delayed him approximately three days.

I spoke with him today, and he confirmed that he's getting ready to release the alpha to the team. He's not sure of the exact date, but promised that it would be any day now.

Shouldn't you guys be promoting within the community here a tad more?

This is an excellent idea! I have created a thread at GLDTalk.org to share your suggestion.
2106  Alternate cryptocurrencies / Altcoin Discussion / Re: One Wallet For All Coins on: December 01, 2014, 02:18:55 AM
Does such a wallet exist yet?
This has been asked before, but I decided to create a new topic for maybe a new dev to maybe take notice of this idea.
Personally, I am tired of having to open and update 100 different wallets. With over 600 different alt coins, such a local wallet should exist by now.
A local wallet where you can integrate all your other wallets and have it automatically update any wallets that need updating via api.

Anyone willing to help me brainstorm more on this idea, please contribute with your knowledge and skills by replying here.

The new Goldcoin (GLD) wallet, to be released soon, has the ability to store multiple coins in addition to many other features.

http://altcoinpress.com/2014/10/goldcoin-scientist-set-to-release-mysterious-java-client/

I am referring to a local wallet you can store on your computer, an online java client would be risky.

The new Goldcoin wallet is a local wallet stored on the user's machine.
2107  Alternate cryptocurrencies / Altcoin Discussion / Re: Please help explain this on: December 01, 2014, 01:39:51 AM
Why invest in Premine of any coin?  As I see it they really have no value except to dump in the first day or two.  If you went to a gold mine to invest and were told this:
Well you can invest in mining....or you can pay us at today's rate and get a trickle of gold that we mined last month (at last month's prices) and we will just pretend we are mining it now.
Would that make sense. I just do not understand the thinking.
To me it is like saying 'Hey we did this and now it is done, do you want to invest after the fact?'


There are many factors to consider when investing in a coin, the most important of which is your objective. For example, Satoshi premined 7.5% of all bitcoins before vanishing, yet Bitcoin has not been such a bad investment. Look at each coin individually and see if it fits your objective.
2108  Alternate cryptocurrencies / Altcoin Discussion / Re: loss on: December 01, 2014, 01:35:03 AM
i'm a noob and need help
i bought 2000$ litecoins at 11.8$ , 8 months ago
please advise me what can i do ?sell them or wait or exchange them to another coins  Huh

If you wish to minimize risk, I would suggest diversifying your holdings and maintaining a majority position in BTC.
2109  Alternate cryptocurrencies / Altcoin Discussion / Re: One Wallet For All Coins on: December 01, 2014, 01:30:01 AM
Does such a wallet exist yet?
This has been asked before, but I decided to create a new topic for maybe a new dev to maybe take notice of this idea.
Personally, I am tired of having to open and update 100 different wallets. With over 600 different alt coins, such a local wallet should exist by now.
A local wallet where you can integrate all your other wallets and have it automatically update any wallets that need updating via api.

Anyone willing to help me brainstorm more on this idea, please contribute with your knowledge and skills by replying here.

The new Goldcoin (GLD) wallet, to be released soon, has the ability to store multiple coins in addition to many other features.

http://altcoinpress.com/2014/10/goldcoin-scientist-set-to-release-mysterious-java-client/
2110  Bitcoin / Bitcoin Discussion / Re: Difference in storing your BTC in a wallet vs exchange... on: November 28, 2014, 10:46:02 PM
Why are people posting responses to a thread that was created almost 3 and a half years ago?

At least the guy is getting his answer. Better late than never. lol  Wink
2111  Alternate cryptocurrencies / Altcoin Discussion / Re: 8 out of the 15 top marketcaps are not mineable! on: November 25, 2014, 02:57:34 PM
I think that the current situation is what will more or less be the norm. A mix of ideas and systems of distribution.

This is my view as well, and one reason our developer created a new multi-coin wallet that will support any coin. Rather than the bother of downloading wallet after wallet, the Goldcoin user can simply add an LTC or NXT module and keep all the coins in the same wallet.

 

2112  Alternate cryptocurrencies / Altcoin Discussion / Re: Best Alt coin to invest in 2014 on: November 25, 2014, 02:49:23 PM
If anyone here is from South Africa, we'd love to see you at this week's Goldcoin Conference!!

https://www.startjoin.com/gogold

I think this is a great time to invest in Gold! Cheesy
2113  Alternate cryptocurrencies / Announcements (Altcoins) / Re: GoldCoin™ (GLD) Thread - The Gold Standard of Digital Currency [OFFICIAL THREAD] on: November 25, 2014, 03:21:07 AM
The Goldcoin community is the greatest of all time!



Thanks everyone. You guys truly are the best! Cheesy
2114  Bitcoin / Bitcoin Discussion / Re: Difference in storing your BTC in a wallet vs exchange... on: November 24, 2014, 05:31:11 AM
Can anybody tell me the difference in storing your Bitcoins in a dedicated online wallet vs an exchange?

What confuses me is that you guys seem to have more trust in an exchange then a online wallet that is dedicated for storing your Bitcoins. For all you know, the online wallet might have better security than the exchange.

Can somebody give me some insight as to why this is?

You shouldn't group all exchanges and all online wallets together like that. I think you need to measure this metric on a company-by-company basis.
2115  Bitcoin / Bitcoin Discussion / Re: What is the best way to store AND use bitcoin. on: November 24, 2014, 05:28:51 AM
I am getting back into bitcoin after a while of mining altcoins. I want to use it as its own currency, but I cannot find a way that is agreed on how to keep your bitcoin for personal use. I understand ways to either store or use bitcoins, and it seems that to really use bitcoins on a daily basis easily, you have to give up things to the extent of the full control of your bitcoin. The best compromise I can find is Green Address, but it is a little too new to tell from what i can see. I am asking about how to store about one hundred USD in bitcoin that is fairly easily to access from my android phone and computer for ease of use, but the best possible security.

Just keep the bulk of your stash on paper wallets or in cold encrypted wallets and keep enough on your Android Blockchain wallet for daily purchases.
2116  Bitcoin / Bitcoin Discussion / Re: Are Mining Pools the downfall of the Bitcoin on: November 24, 2014, 05:23:59 AM
I am new to mining. I have several S3's and an S4 and have started mining today.

What I have noticed as a relative outsider is the following:

Whatever your hashrate, you will only earn money when your pool finds a block. So when all the pools that you are not with are finding blocks, your own pool is eating up electricity for nothing. I noticed in some pools that it took a massive 6 hours to find a block.

Have I got this wildly wrong or should all pools integrate into one big one?

You are correct. The entire Bitcoin network could be operated on a single machine. The amount of electricity being wasted in ungodly.

Maybe Satoshi was a computer programmer for a power company. Cheesy
2117  Alternate cryptocurrencies / Altcoin Discussion / Re: fake volume xst? on: November 24, 2014, 05:09:37 AM
Another reason is exchanges will de-list coins with low volume, thus interested persons might artificially inflate volume to maintain their exchange listings and/or to win new listings on additional exchanges. Exchanges tend to favor coins with higher volume (more fees).

It's probably best, as you are doing, to study market depth and make note of sell side / buy side orders to gain clearer insight into the market.
2118  Bitcoin / Bitcoin Discussion / Re: Why does "Satoshi" remain anonymous? on: November 23, 2014, 01:27:32 AM
Why does Satoshi remain anonymous?

Because he vanished with over one million Bitcoins that he mined while controlling the lion's share of the network hashrate. He's super intelligent and would prefer to spend his fortune one day without the risk of taxation or prosecution. FYI: I have spoken to him once. Cheesy
2119  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple - how far this trustable coin will go? on: November 23, 2014, 01:18:40 AM
I don't think of Ripple as a "coin". It's built more to be a payment gateway.
2120  Alternate cryptocurrencies / Altcoin Discussion / Re: I want to partner with others to make a new/better cryptocurrency on: November 23, 2014, 01:16:24 AM
Why not join an existing coins team? I am sure there are a few that really could use the dev help and are not scams or BS coins.

This is correct. We are entering a new Altcoin consolidation phase whereby people are beginning to recognize the need for solidarity.
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