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2121  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MOL] Molecule - CPU Minable currency - Mine, Trade, Use - UPDATE:v0.8.10.2 on: December 15, 2013, 05:47:28 AM


{
"version" : 80901,
"protocolversion" : 70001,
"walletversion" : 60000,
"balance" : 0.00000000,
"blocks" : 24825,
"timeoffset" : 0,
"connections" : 4,
"proxy" : "",
"difficulty" : 0.06249911,
"testnet" : false,
"keypoololdest" : 1387080363,
"keypoolsize" : 104,
"paytxfee" : 0.00000000,
"errors" : ""
}
2122  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MOL] Molecule - CPU Minable currency - Mine, Trade, Use - UPDATE:v0.8.10.2 on: December 15, 2013, 05:31:48 AM
Its working just fine for me; the pre-mined coins have been deleted and it restarted at block 0.  I deleted C:/Users/<username>/AppData/Roaming/Molecule before starting 0.8.10.2.

Its got to be a 51% thing where the people you are connected to are still using the stale data.


22:58:36

getmininginfo


22:58:36

{
"blocks" : 303,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 0.24013059,
"errors" : "",
"generate" : true,
"genproclimit" : -4,
"hashespersec" : 74583,
"pooledtx" : 0,
"testnet" : false
}


23:03:51

getmininginfo


23:03:51

{
"blocks" : 388,
"currentblocksize" : 1000,
"currentblocktx" : 0,
"difficulty" : 0.35275215,
"errors" : "",
"generate" : true,
"genproclimit" : -4,
"hashespersec" : 73178,
"pooledtx" : 0,
"testnet" : false
}


Is there anything fairer than mass chaos?

but you diff is less

it looks like ur on the fork?
2123  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MOL] Molecule - CPU Minable currency - Mine, Trade, Use - UPDATE:v0.8.10.2 on: December 15, 2013, 05:16:06 AM
Maybe it forked because of the difficulty change? ??

ok Im not burning my cpu up on this anymore
2124  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MOL] Molecule - CPU Minable currency - Mine, Trade, Use - UPDATE:v0.8.10.2 on: December 15, 2013, 05:12:42 AM
its seems

forked

51%

wierd stuff in general, eg have seen a lot of mined blocks disapear

including ones with confirms

block heigh going 25K --- 19K ----21K----27K

hmm time travel much
2125  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MOL] Molecule - CPU Minable currency - Mine, Trade, Use - UPDATE:v0.8.10.2 on: December 15, 2013, 04:58:01 AM
wierd blocks goin backward from 25K to 19K

fork??

also  a load of mined and confirmed coins disapeared
2126  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][MOL] Molecule - CPU Minable currency - Mine, Trade, Use - v0.8.9.1 on: December 15, 2013, 04:13:12 AM
3 days of mining already.....agnostic to this
2127  Alternate cryptocurrencies / Altcoin Discussion / Re: [WOW] 10000 DOGE COIN give away, much 100x100 doge's to give + luck on: December 15, 2013, 02:07:55 AM

Gimme some coinz, please!
D7yfiGmKi65n94xaoCYuscrKt8cabSyKMN


 graet efforts

true +an hero

    $500 DOGE sent

                                                   1 DOGE = 1 USD
2128  Alternate cryptocurrencies / Altcoin Discussion / [WOW] 1M dogie for $810 US ebay in 1 day auction on: December 15, 2013, 01:01:17 AM
  ++MOON

wow  

much future.

http://offer.ebay.com/ws/eBayISAPI.dll?ViewBids&_trksid=p2047675.l2565&rt=nc&item=321274745738



2129  Economy / Service Announcements / Re: CoinJar - Australia's first VC-backed Bitcoin startup on: December 14, 2013, 04:12:21 AM
does this apply for cash deposited as well?

also why would you allow the app to function to be able to take coins without a specific order from the customer/account holder?
2130  Alternate cryptocurrencies / Altcoin Discussion / Re: [WOW] 100 DOGE COIN give away, 10000 doge's to give on: December 14, 2013, 02:17:43 AM
thx so many              generous is YES!

DAp1v5QtZDvysVzpxPVyDKDrEt4GnvjhAZ

            rolz over 4 DOGE bonez          sit so good       RUFF!

so wow                 +wow 4 internetz thx


   ++100 sent

your post much effort

   
2131  Bitcoin / Bitcoin Discussion / Re: What is Bitcoin's next catalyst for growth ? on: December 13, 2013, 08:50:48 PM
Snoopdog mel b Accepting Bitcoin , who's next Justin bieber  Grin

http://www.artistdirect.com/entertainment-news/article/mel-b-accepting-bitcoin-currency-for-new-single/10856802

I agree adoption by a large supermarket chain would be great for Bitcoin Maybe thats 18-24 months away

If eBay offer Bitcoin as a payment method they are going to add a percent fee likely 1-2% but it'll still make bitcoin's price explode to the upside.



$289 a day is not payment network transactions, that figure is complete and utter bullshit. 

the vast majority of the so called "payment network transactions" are, funds to wallets, exchanges, tumblers ect.

Bitcoin payment network is tiny.  I don't know a single person in real life that has ever used bitcoin for payments and I know 100's that have used paypal.  The author of the chart is just spreading lies.

Perhaps a measure could be the amount of BTC used for goods and service as % of the BTC market cap. The volume on ebay versus the World money cap, would look pretty small as well. Way more Fiat in in speculation of Forex for example, about 3T a day,
2132  Alternate cryptocurrencies / Altcoin Discussion / Re: Ixcoin TODO on: December 13, 2013, 02:17:45 PM
Ixcoin has double the volume of Peercoin now on vircurex.com



does PeerCoin even trade much on Vircurex since it went to BTCe?

Well, at least IXC has 100 times the network hash rate of PPC.

um yeah, you know PeerCoin is not really a hash POW coins but a POS?
2133  Alternate cryptocurrencies / Altcoin Discussion / Re: [WTB] 20M DOGE for 0.35 BTC ONLY through escrow. on: December 13, 2013, 12:45:03 PM
Dude 1.000.000 Doge sell for 0.2 BTC and you expect to get 20.000.000 for 0.35 ?
Doubt people will give you a 91.5% discount Tongue


Discount?!? ...everyday I think I have heard it all, but there is always something new...


Are you aware of the Bid and the Ask?

much wow yeah your unlikely to get a better rate that 1M doge for 0.1 - 0.15 at this point, but good luck
2134  Economy / Speculation / Re: the latest price run and what next on: December 13, 2013, 12:38:57 PM
Ok I was genuinely surprised to see BTC go over 1K recently.....

my prediction was a floor between $100 - $700 at the end of this year. I know its wide but that's the upper an lower bounds of my log graph.

I thought there had to be crash, and it would be lower than the 500 - 600 level, maybe 250 - 350, or even 170.

It seem we may see a slow slide punctuated by a few sharp drops to 500 or sub 500.....would not be out of the question now.

Equally it could rise to +1K very easily and above.

What I do think is correct though is a order of 10 increase every 12 - 13 months, until saturation


I know the bitcoin world is crazy, but you thought that it could fall from $1200+ to $170?  That is a HUGE fall.  I think an actual ban of Bitcoin in America and China would be required to get the price back to that leel now.

I guess the last 250 to 50 gave some precedent for 5x drop, so 1200 / 5 =  240.....+ some extra volatility, plus the 32 to 2 slide gives a 16 x loss....so yeah I  *thought* it possible, I'm not a bear by the way, kinda perma bull, but sorta not as well, as I just don't think I can bear to bring BTC back to FIAT (no pun intended)

2135  Economy / Speculation / Re: Ripple competition on: December 13, 2013, 12:33:04 PM
What are the incentives for an exchange or a bank to become a gateway ?
The primary one is transfer fees. Every time an asset they issue changes hands inside the Ripple network, the gateway can charge a fee. Bitstamp, for example, charges 20 basis points ($2 per $1000). The net effect is that a gateway's outstanding obligations shrink without them having to do anything. This applies to any transaction made possible by the liquidity the gateway provides, such as cross-currency payments.

Gateways can also charge for any services they provide. This includes deposit fees, withdrawal fees, or even a monthly account maintenance fee if they want. In the future, when interest rates return to more normal levels, a fractional reserve gateway could draw revenue from interest on funds they hold.

https://ripple.com/ripple-gateways.pdf


fractional reserve gateways...that's scary....that you have said it lends credence that exchanges are fractional reserve as well....
2136  Bitcoin / Bitcoin Discussion / Re: What is Bitcoin's next catalyst for growth ? on: December 13, 2013, 12:20:00 PM
Snoopdog mel b Accepting Bitcoin , who's next Justin bieber  Grin

http://www.artistdirect.com/entertainment-news/article/mel-b-accepting-bitcoin-currency-for-new-single/10856802

I agree adoption by a large supermarket chain would be great for Bitcoin Maybe thats 18-24 months away

If eBay offer Bitcoin as a payment method they are going to add a percent fee likely 1-2% but it'll still make bitcoin's price explode to the upside.



ebay / paypal ........ I just don't see it in a million years

1) Its direct competition to bitcoin
2) ebay / paypal love reversing transactions. How can they reconcile that with bitcoin?

It will be reconciled because sellers can offer a cheaper price without the threat of reversals, (and likley less fees) and thus attract more buyers and traders, and so that market of sellers will displace trade from ebay, causing eBay to die or adapt

Except that there has to be a demand for it.  Ebay is huge, bitcoin is a drop in the bucket comparatively.  So that's what you can do as a customer: ask ebay sellers if they'd be willing to accept bitcoin as a payment.  It's becoming more and more well known, but I think a lot of people either a) still aren't aware of bitcoins or b) think it's a fad.

Personally, my bet on what would cause a huge catalyst for bitcoin growth would be business payment processors actually paying employees in bitcoins instead of dollars (or other local currencies in a non-US company).  I don't forsee this happening for a long time, personally, but I know I'd happily accept (some) payment in bitcoins if I were offered the option as an employee of a company.  As far as I know, the only company that has actually done this was The Internet Archive / archive.org.

I think your right those things would be great of BTC uptake

ebay's not that "huge", they do lots of relatively low value transactions for collectibles, shoes, IT gear and second hand goods, car fridges etc
PayPal is tied up with ebay, plus ebays its market cap, is (only) 66.5 B, BTC is already $10 B

Its telling that ebay found the payment mechanism paypal as something they had to aquire, and they paid $1.5B for it some years ago, and that was largely just for their operations or about 50% of the payment system. BTC is light years ahead of Paypal in tech etc, and offer a payment system for the world or a good % of it.....

ebay is very regional in some places its hardly used others its dominant.
big value items, currency exchange, houses, cars, classes of investment, ebay does not do
2137  Alternate cryptocurrencies / Altcoin Discussion / Re: Ixcoin TODO on: December 13, 2013, 11:14:58 AM
Ixcoin has double the volume of Peercoin now on vircurex.com



does PeerCoin even trade much on Vircurex since it went to BTCe?
2138  Economy / Speculation / Re: If Bitcoin became the sole reserve currency... on: December 13, 2013, 11:13:02 AM
if it ever comes that far, the current owners of bitcoin can only gain goods by spending their bitcoins.

unlike the current wealthy elite, they can not just print more money.

eventually even the richest bitcoiners will go broke if they keep spending their bitcoins.

well no you buy assets where people pay you in BTC for them, BTC is not destroyed when you send it its just cycles through the system.

BTC can only be lost from the system due loss of private keys, or maybe dust issues, the latter may be soluble
2139  Economy / Speculation / Re: If Bitcoin became the sole reserve currency... on: December 13, 2013, 05:55:39 AM
there enough alts to go around for everyone, eg doge coin, and 100s of others....and they can be traded to BTC.

so this argument is just invalid

a more interesting question is will the alts cause a death of a thousand cuts to BTC, or make it stronger by competion, or replacement.....if the BTC are good but too slow they could loose market share.

One thing is for sure, alts have prised the private keys out of Bitcoin holders. Alts almost force a BTC holder and Fiat holder to divest.

<tinfoil hat on>
I thought at one point everything that produces heat will mine, but now its looking like everyone produces heat will mine their own alt.

70 Billion alts here we come.

The 51% attack may not eventuate even with low hash as the moment you don't guard you own chain, you get attacked....and you are forced to run multiple chains so that you can afford to loose some, like chafff....ok I got carried away here.......
</tinfoil hat off>
2140  Economy / Speculation / Re: China just made Bitcoin pretty useless within China on: December 13, 2013, 05:11:32 AM
except the list holders themselves want to get on the list as fast as humanly possible
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